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A Youtube, Twitter, Telegram and any social network try to sell courses, methods, strategies and pages to generate profits

Every day more and more people are encouraging themselves to invest in the financial market, especially in cryptocurrencies. However, this activity also attracts scammers who seek to take advantage of the lack of experience of novice investors.

Below, we present some recommendations to prevent scams and beware of these influencers."

✓Do your research thoroughly before investing

-Before putting your money in any type of investment, it is important that you do extensive research. Search for information about the market, the asset that interests you and the companies or people that offer services related to it.

✓Don’t rely on exaggerated promises of gain

-It is important that you remain alert against exaggerated promises of profits. If something sounds too good to be true, it probably is. Make sure profitability promises are realistic and backed by a verifiable track record.

✓Distrust those who promote financial products

-Currently, influencers have great power of persuasion and many take advantage of this to promote financial products that may not be profitable or even be scams. Don't get carried away by the opinions of these influencers without first doing extensive research.

✓Do not rush to make decisions

-Haste is one of the biggest enemies of a novice investor. Don't rush into making important decisions, take your time to research and analyze the information before investing. The financial market is volatile and can change quickly, so it is important that you do not feel pressured to make quick decisions.

✓Do not hand over your personal and financial data without first verifying

-Never give your personal and financial data to unknown people or companies without first verifying their identity and reputation. Use secure methods to provide your personal and financial data, such as online payment platforms that offer security to their users.

✓Do not deposit money in third party accounts

-If a seller asks you to deposit money into a third-party account or use payment methods that seem unsafe, that could be a red flag of a possible scam. Do not deposit money in third-party accounts and always use secure and verifiable payment methods.

✓Choose your investment service providers carefully

-Companies and people that offer investment services must be regulated and have the necessary permits. Before paying for a course or using a bot to invest, make sure that the company or person behind it is transparent and has good references in the market.

**In summary, if you are a novice investor, it is important to keep in mind that the financial market is complex and there are many scammers who take advantage of investors' lack of experience to deceive them. Therefore, the best thing you can do is act responsibly and carefully, researching thoroughly before investing, avoiding exaggerated promises and not handing over your personal data without first verifying the identity of the company or person requesting it. Do not be fooled by People on YouTube, Twitter, Telegram, among other networks that try to sell courses, strategies and bots to generate profits, since many times their only interest is to get rich at the expense of novice investors.$BTC $XRP