Can you spot Crypto-currency scams ? Do you know what Ponzi scheme are ? Well today I'm going to share some Crypto-Currency scams you should take note of. I have been scam countless time when I started investing in  Crypto-Currencies so I think sharing my experience will make you aware of Some Crypto-Currency scams. The below three tips will help you identify what those scams are.


1. The Billion Coin (TBC) - TBC is a coin that quite a lot of people have bought into, unfortunately. The coin isn't traded on any crypto exchange and there is no way to sell the coin once you buy it, except to other unsuspecting victims. The creators claim it is a coin whose value only goes up (which is comical), and after buying the coin, they give you an account to monitor your supposed profits. I won't go into all the details, just know that it is a huge scam that is headed for a bad end.


2. Any Scheme promising to pay you a certain percentage or double your money after you send them your money. It's all a scam. You have taken the course and now know how crypto-currencies work. You should understand by now that trading currencies is inherently risky and you are just as likely to make a loss as you are to make a profit. Anyone who says they can trade your bitcoin for you or double your money is scamming you. If they could do that, they wouldn't need your money. They would just double their own money infinitely until they became billionaires. I cannot stress this enough. It really bothers me whenever I see someone fall for schemes like this....and it happens everyday.


3. Fake coins - Just like TBC, there are lots of other fake coins out there. So many people wake up only to realize that the creators of the coins they bought have disappeared and the price of the coins are nearing $0.These are a bit difficult to tell, because unlike TBC that makes it obvious, some of the coins have the look of legitimacy. Some are not even scams, just bad projects that fail. The same way a regular business can collapse, well, the same thing can happen to Crypto-Currencies.


All I can say is, make sure you do due diligence, research a project before you put your hard-earned money into it.