Gone are the days when saving was all about keeping money under the mattress. This is devalued and fortunately there is now an alternative in the financial market called trading, which is nothing more than the buying and selling of stocks, as well as liquid securities, which do not lose value and can be easily converted into cash and is done through an online platform. .
But faced with this new trend that is gaining more followers every day, you have to be careful. bitcode prime is a scam or it may not be, for example. We must feed ourselves with sufficient information to avoid fraud in this new financial market.
It is an economic sector that every day takes more followers interested in buying and selling stocks that are not devalued, the cryptocurrencies of which we can expect an increase to see them multiply and precious metals, among other assets.
The most common signs that you are facing a scam
To avoid scams in trading, we need to assess certain conditions, such as: that most fraudulent offers come from countries with little or no regulation in these assets to protect investors.
Another characteristic of these scammers is that they are very insistent with your potential customers. If we find that they are strongly pushing us to give them the capital, we must be vigilant and thoroughly investigate the origin of the investment.
The broker is a financial entity that acts as an intermediary and executes orders to buy and sell assets on the stock exchange and collects commissions for this service.
A legal broker does not need to generate suggestions and does not perform operations for people. Beware of phrases like “You put the capital and we ensure that it is multiplied” That is “We are experts, you won’t have to worryto cite just a few examples. They also insist on making many performance promises.
The ideal is to investigate the origin and the solidity of the financial entity, as well as the location of its parent company in order to be able to verify that it complies with the regulations of the country where it is located and offers guarantees. and the security of the money that is involved.
It is impossible for a legal broker to offer a fixed returneither daily, weekly or monthly. We must also reject any offer that is made with these characteristics.
Insistence on attracting more customers is usually a scam red flag
Commercial scams are usually pyramid schemes. They start with few people and emphasize the importance of attracting friends or people interested in seeing their capital grow. They may even be offered money for each new person who joins the entity.
You may start to see positive results at first, but it will all fall apart in no time because the money that is donated is the same as the customers have contributed. The profitability that can be seen at the start is really based on the investment of other people who are also part of the pyramid.
Beware of anything that offers low investment and high profits in a short time. Investing in trading without being scammed can be learned. Read, educate yourself with financial education books and seek help from people you trust let them be experts and guide you in this world.
You can also view tutorials and enroll in online courses. Try practicing with trading simulators and it will make you less vulnerable to scams.
The idea is that you enter the world of investing to protect your money, not to lose it, and just as financial methods have developed, crooks who fully study how they can capture their potential victims, earn their money and disappear without a trace.