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Ch Ayyan

How to find fake currencies on yobit.

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Once you enter the field of fake currency poets, you will read one of those coins Market Suggesting I do the best, but I always use the coins that I was using before.


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Well it's true we shouldn't rush into Investing on any coin we should always excersise patient Because scam coin will rise so high after some time it will drop immediately and  we should also try to make research before taking any move. 

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On my opinion is hard to know if the coin is scam of not , just don’t invest in coin don’t have a big value of duly trading , for me i invest just in bitcoin or ETH or LTC , because is the best coin you can invest in in my opinion, if you want to invest in other coin i suggest to cherche really good before the invest your money.

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Well, there has no fake coin in yobit exchanger mate, this is just saying that is fake because of it's low or small price in the market which is not good for us and i think this will be going a dead coins for a near future.

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Good information and its good to follow your idea, because when we will search for each coins before investing in them, it will be better for us to understand which coin to invest and which to not.

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Time is the ultimate weapon!

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There are lots of coins in yobit that can be considered as fake because it is not totally moving. So checking the price movements of every coin in yobit can help you know which is fake,because most of the coins there doesn't have any information so its hard but by the market flow you can see it.

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On 3/16/2020 at 4:11 PM, Ch Ayyan said:

You can avoid  fake currencies  in this  way.

* - Before investing in any currency you should for on this site (https://coinmarketcap.com) for currencies.

* -  Don't invest immediately, wait for sometime as fake currencies go up quickly and fall also immediately in few minutes.

 do you like my suggestions.  If you find it useful  give me good  reputation. 

You have shared good information but my friend coinmarketcap is not enough to find any fake currency. You should check the company or creator behind coin and if creator is famous or big person then more chances of having legit coin. Second check the partnerships of coin with other companies. Only invest in those coins which have strong background like creator, team, company because they could update coin to get growth but without strong background coins do not have future.

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You are right buddy and I are going to get more useful trick to find how to fake currency on the yobit exchange. You make really good post and help the other members.

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Yes a good suggestion to avoid counterfeit and non-strong currencies through the YOBIT platform that some people launch in order to make a profit.


THINK POSITIVE

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I think there are no fake currencies in yobit because we all know it is a legit exchange that have been use by so many people in the cryptoworld. Yes there are many currencies in the yobit exchange and even if there are some have low value but still they are all legit and there are no fake currency in yobit exchange.

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There is no way to see if this currency is scam or not ! but you don't have to invest your money with new cryptocurrency because it's very dangerous ! just invest your money with known currency like BTC , ETH ,LTC !

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Thanks for you i like your post . there are many fake crypto and we should know how to know if is it fake or no so we can search in cryptomarket about any crypto we want to invest it

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We can find out clear information regarding any coin or token from Coinmarketcap and coingecko sites. These two sites gaves us all information regarding scam or real one. And total capitalization of that coin or token and its listed exchanges and much more for us.  

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Especially those that are launched they are really bad , the most important thing is to really define what is right and what is not it works perfectly and it is the right thing to do , we need to push for something that is far much valuable there are coins that I have bought and they have comletly been removed and that to me its no right

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I do not invest except in bitcoin and do not trust me in this currency, whether its price is low or it is descending. The important thing is that I love this currency only and I do not trust any other currency.

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Not only on the Yobit exchange but knowing fake currencies even on the different platform might save our  life plus our hard earned money. Generally, fake currencies have the zero trading volumes on the exchange and if there is little investments on it, price seems to be irregular I mean sudden raise and fall. 

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I agree with you as members should not be hasty in their decisions when it comes to crypto currency but rather wait and observe prices to see if it is good for investment.

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A lot of new currencies are coming out. We have to be careful not to trade with new currencies or do new business with them.  We have to work after knowing everything and there are many fixed currencies with which we can earn some good income

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Coinmarket cap is the best way to find out which coins are fake and which are useful because every legit coins get listed in the coinmarket cap and before investing in any of the coins we need to check its responses and uses to identify the fake and useful coins.

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I use coinmarket quite a lot and I recommend everyone to do the same. before any investment or from idea creation. There should be searches and research that is essential to safety, risk avoidance and forged projects

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On 3/16/2020 at 5:41 AM, Ch Ayyan said:

You can avoid  fake currencies  in this  way.

* - Before investing in any currency you should for on this site (https://coinmarketcap.com) for currencies.

* -  Don't invest immediately, wait for sometime as fake currencies go up quickly and fall also immediately in few minutes.

 do you like my suggestions.  If you find it useful  give me good  reputation. 

Thank you my friend and sure your post is useful
We must be really careful before investing money in new cryptocurrencies because they are already unsafe

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Yeah, its really a good idea. Even in some online platforms its happening nowadays. I personally experienced in two mobile when i invested. Its showing some value in one phone and another in one phone at a same time this kind of fake things will be there  u should check it before u invest once. Thank you. 

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i think there is no fake currency in yobit, there are dead or trash coins but all of the crypto in yobit are legitimate. Yobit is not a scam based on my experience.

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There is no any fake coins on the yobit exchange because this site more legit and no other place for the fake cins. its trusted sites for tradings and earn more profit.

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