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Newcomers, here's your FAQ: Who should I trust?

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Jameson Lopp (19/Nov/2017)

--- Quote ---Welcome to Bitcoin, newcomers! Here's your FAQ:

 Q: Who should I trust?
 A: Nobody.

 Q: When should I sell?
 A: Never.

 Q: Is Bitcoin dying because ____?
 A: No.

 Q: What have I gotten myself into?
 A: Nobody knows.

 Q: How do I learn more?

--- End quote ---

Good answers to the questions! I mean the first 4 =)

Launder these Bitcoins (Bitfinex Hack)
┬┐Would you like to buy BTC -60% discount?

I want to launder these bitcoins, I'm in China and I want
to exchange them to another user who can get a benefit from
these bitcoins product hacks. Sion more than 261 Bitcoins product of the Bitfinex hack. I'll change at 60.%
discount each Bitcoin for other cryptocurrencies (example:
for every $ 10,000 you send others
cryptocurrencies I will send 25,000 USD in Bitcoin)

I do this so I can use clean cryptocurrencies and
that other people make money because the pandemic is gone
many poor people in the world.

it's over $ 9 million in Bitcoin. lots of money to wash.

261.24222337 BTC
Telegram: @minotaur45

As a newbie that has already fallen prey to the thieves.  I would say: yes, do not trust anyone.  There are a thousand groups in telegram and other chat sites.  they will not provide you with any valuable information, though you can learn about new coins and a few tidbits that might prove to be interesting.

Additionally, do not trust anyone who "volunteers" trading information or investing information or even learning resources.

Do not invest in any site that does not have at the very least some minimal level of security.  If you do not *need* to create an account to start trading, do not trade or invest.  There are a handful of sites that have high security measures in their sites and their wallets.  search in those.  trade in those. 

and pretty much like in real life.  If a "news" sounds too good to be true, then it probably is.

The crypto space is ripe for scams given the irreversibility of transactions and general lack of regulation. Trusting any individual in the space would be foolish however there are reputable organizations providing crypto related services that have been around for a while and can be trusted like Swan Bitcoin or BlockFi.


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