How to find fake currencies on yobit. - Page 21 - For Beginners - CryptoTalk.Org Jump to content
Ch Ayyan

How to find fake currencies on yobit.

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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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I liked your words very much and I thank you for this useful information, but I have a question: are there guaranteed currencies that we can trade in permanently and continuously without running into problems or incurring losses

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Yes I agree with your suggestion to inquire any coin we have the best platform named as Coinmarketcap so we should search that coin there to know their price history and trading volume and in such way we can avoid to get trapped in scam or fake coins.

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Usually low volume coin are scam coin, but sometimes price of it's coin can be up, but if you don't want to take risk, you can buy good coins we should make sure that we invest where we do not have to face any fraud, so we all have to be careful. I need to look at the mind first and Please try to make your own research before investing. 

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On 3/16/2020 at 6:41 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. 

hello you are right, before you invest or trade you should know first if it is fake or not, think before click, and like you said you should go in the link below to confirm it is fake or not, protect your money to scam or hacked.

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Thanks mate for this eye opening post. This really helps yes if someone just by seeing the value of a coin invest in them and it comes out to be fake then it is really mind disturbing and is a great loss. Everyone should check twice before investing and keep all the information on what they are investing.

 

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Oh really dear. Its good and useful information. We should avoid such a fake currencies. We should think about wallet or currencies before investing our payment or money. Because the prices of fake currencies give up immediately and after some minutes it goes to very low. We should take of these currencies.

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Thank you very much for the suggestions to help me as a beginner. To be able to earn satoshi on cryptotalk I really have to register a yobit account, I have observed that many coins on yobit have very low prices, including Talk tokens which are worth 5 satoshis, in my opinion to trade on yobit we have to be careful because if The calculation is wrong, it could be that the coins we buy don't go up but instead go down. To trade on yobit, it is best to buy well-known coins as in my opinion they are safer to trade or invest in.

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Useful topic my friend. Its really good information to know everyone because now a days so many fake coins comes in crypto market. Everyone should check twice before investing and keep all the information on what they are investing. Yobit is a good and large exchange, they will not do this. Overall be careful. 

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In my opinion, we can avoid this by investing in popular cryptocurrencies.
My fear of making mistakes and falling into scams increases so I don't see dealing in unknown cryptocurrencies as a good thing.

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Frankly speaking I don't know any fake currencies in yobit because I haven't invest that much In yobit but you have to do research before investing so that you can find out the good currencies and invest. 

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Always focus on chat box and read people's opinion about those coins and tokens, and I recommend everyone to do the same before any investment. There should be research to avoid risks and investing in wrong projects. But Yobit has not any fake coins or tokens.

 

 

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This is a good method and helps with distinguishing unreal currencies. Thank you for this information
But I prefer Bitcoin to invest because it is the best and most popular now

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Thank you, my friend, for sharing with us this useful publication for everyone, and I agree with you that we must conduct the required research and investigation before starting to invest, so that we do not make mistakes and lose money.

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I think the best cryptocurrency to invest in at this very important moment is Bitcoin and Ether.

Unfortunately the Yobit exchange holds swap currency most of the time. 

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Absolutely you are right. And you shared big knowledge to the newbies. Thanks for the effort. We want think many times when we investing in any where. Assure that, that is not a fake or fraud. There are many scammers to getting our money in all fraud ways. Be aware about that and carefull. Thank you.

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Hello dear I am.new on this forum I never face any scam and fraud but I heard alot .I don't know why people do this .what they get from this .I just request to the people please don't do like this 😔i

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Hello my friend, thank you for the valuable advice, if you are new to the world of investing and bartering, it is very likely that you will fall victim to fraud due to the large number of currencies existing and lack of experience, so it is better to have enough information before you start investing, and to invest in Known currencies.

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The best is to wait, as you said, but there are some opportunities that must be exploited. Some currencies, after their inclusion, rise sharply, and here you can enter with a small amount of money to collect some benefits, but not to enter in a large amount. Also, pay attention to the amount of buy and sell orders on them and their intensity, which is also an indicator.

 

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Well, for starters, you can search for them on services, such as coinmarketcap and coinekko, or you can read information about the cryptocurrency through the yobit itself.

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Thank you, my friend, for these valuable and very useful advice, and I hope that all members will publish such important and distinguished topics that lead to improvement, development and progress of performance in this wonderful forum.

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I just joined this platform I don't have much knowledge and information about this topic because I'm still learning new things here.

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Thanks dear friends, new members will benefit from this for publishing important posts with everyone. Of course, before investing in a business, you need to know the details so that there is no loss in any way.

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Yes mate you are right there are lot of fake coins in the yobit account we should try to make research and investigation to know which coins are real and legit to be able to make trading and investment on them in order to earn profit and benefits with values we should try to avoid any how coins in order not to be a victim of scammers and hackers

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Some currencies, after their inclusion, rise sharply, and here you can enter with a small amount of money to collect some benefits, but not to enter in a large amount. so we have to choose the appropriate cryptocurrencies for the investment.

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