Cryptocurrencies are an area in which success or failure stories are particularly striking. About the latter, however, they write much less often than about cases when they suddenly managed to get rich. But in addition to millionaires and the unemployed, there are people who have a stable income, and their professions are not associated with large transactions, mining farms and charts.
We have collected the most interesting stories about cryptocurrencies that have been published in various blogs and publications. From a 15-year-old investor who is trusted by millions of rubles to an unemployed person who threw 70 bitcoins into the trash can. We do not vouch for the veracity of these stories.
A bit of my history and my first steps into the crypto industry:
I also recently came across the BYBIT.COM exchange and can confidently say that it is one of the most convenient on the market. Cool and convenient transaction management - this, in principle, is where the benefits end, since some bloggers praise technical support - I have consistently received such excuses and assurances that they will definitely check the situation and report it to the mailbox. As a result, not a single contact on their part. Below is a screenshot for clarity:
The most interesting feature of this BYBIT.COM crypto exchange is the game with stops.
For the first time, when BTC fell globally on 03/08/2020, the stops did not work out and the position was liquidated, the answer was simply that because I had two pages open in the BTC and ETH browser. (We pledged to conduct a check and report, as I wrote above, I never received an answer)
POSITION LIQUIDED - STOP REMAINED ONLINE
Today, while trading, I noticed that the stop is moving by itself - where have you seen this?
Used 10x leverage, 2 hours in the trade, but as soon as the fun went in my direction, the stop was moved to the butt to the price. Then the price began to roll back and the stops along with it - I already choked (ate). As a result, the stop moved 3 times. this is not the buzz of Bybit.
So be careful and do not rely even on highly promoted exchanges, as based on experience, you are served as long as it is profitable for them. If someone also noticed about the fraud, write to supplement the article together - and a link to the Bybit.com office
It has been noticed more than once that as soon as an opportunity to earn money appears, problems begin in the direction of earnings. Close position in minus works - a coincidence?) Yes, a coincidence - says the support. We think
Also, pay attention, if your open position has gone negative and you move the stop nearby, it has been noticed more than once: at the moment the exchange pauses in the transfer of the stop and during this time the price closes the position (no matter how you manage ).
And for American friends, a little bukof:
ByBit.com SCAM? - a real review with a clear divorce on the feet
A bit of my history and the first steps in the crypto industry:
I also recently came across the BYBIT.COM exchange and I can confidently say that it is one of the most convenient on the market. Steep and convenient transaction management - this is where the benefits basically end, as some bloggers praise tech support - I have consistently received such excuses and assurances that they will definitely check the situation and report to the mailbox. As a result, not a single contact from them. Below is a screenshot for clarity:
The most interesting feature of this crypto exchange BYBIT.COM is a game with stops.
For the first time during the global fall of BTC on March 8, 20, the stops did not work out and the position was liquidated, the answer was simply supposedly due to the fact that I had two pages open in the BTC and ETH browser. (We pledged to conduct a check and report as I wrote the answer above and never received)
Bargaining right today, I noticed that the stop moves on its own - where is this seen? dash_mini
It used a 10x shoulder, 2 hours in a deal, but as soon as the fun went in my direction the stop was moved close to the price. Further, the price began to roll back and stops along with it - I already choked (ate). As a result, the stop moved 3 times. This is not a Bybit buzz. beee_mini
So be careful and do not even rely on highly hyped exchanges, as based on experience you are served as long as it is beneficial for them. If anyone also noticed about fraud, write to add an article together - and a link to the Bybit.com envelope office.
And finally, useful information about the types of unscrupulous brokers-scammers:
Fraudsters can act in different ways depending on their financial capabilities and imagination. Below we describe the most common schemes of unscrupulous brokers:
Forex kitchen - client orders are processed according to the clearing principle. Such companies can operate in two ways: A-Book and B-Book. In the first case, client orders are brought to the international market to liquidity providers. The broker becomes an intermediary, working in an end-to-end order execution mode. In the second case, all traders' orders are executed due to the liquidity of the dealing center. As a rule, it is these brokers who are engaged in deceiving clients. They display results that are convenient for themselves on the chart and get profit from most trades.
Flawless Trading Systems is another popular fraudulent scheme. As a rule, it is quite easy to identify such a criminal, because he behaves too arrogantly and openly. Fraudulent brokers of this type promise the delivery of reliable trading signals and profitability at the level of 100% of the deposit per month. Seekers of simple earnings fall for such promises, while any specialist will quickly expose a criminal fraud.
If a trader notices signs of fraud behind his company, he should stop working with it as soon as possible. When looking for a bona fide firm, you need to check the reviews and make sure that the broker does not work according to one of the above schemes.
Video clip about one of the unscrupulous brokers