This week I was with an entrepreneur in the Cryptocurrencies industry and together we were talking about how social media manipulates reality. We agreed that social media has become a shabby and fake place where people want to show and appear. Every day I come across sponsored advertisements from selfstyled Cryptogurus on Instagram showing photos of amazing watches, exotic cars and incredible lifestyle.
They often get photographed in cities like Dubai, London or New York. You see them driving Lamborghinis or jet skis and the most common hashtags are #lifestyle #laptoplifestyle #bitcoinmillionaire etc … You see them on private jets or in the Maldives. Then there are motivational phrases and famous quotes from important entrepreneurs. In the bio, however, then read “DM for info” (!?). I feel like saying: “What the hell!? This guy is millionaire. Why should I DM him for info?“ Do you know why? Most of these people are scoundrels who took a week’s vacation in some exotic location, hired a photographer and took lots of photos on different cars and private jets. There are specialized companies that make photo books at the customer’s request.
When you contact them, these people want to sell you a $ 5,000 accelerated trading videocourse or sign up for some Ponzi scheme, with too unbalanced and unsustainable compensation plans in the medium-long term (examples are Onecoin, which has stolen $ 4 billion to unsuspecting investors and Hyperfund). These people don’t care about you or your dreams. They get rich from the sale of these videocourses or from the income from these affiliations. They don’t get rich from trading or providing useful services. They sell false hope to people. If you ask any questions or are skeptical, they ask you: “Do you give up your dreams so easily?” I met some professional traders. They are closed most of the day in one room.
A winner is a dreamer who never gives up.
Disclaimer: Trading cryptocurrencies carries a high level of risk and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment ob-jectives and your level of experience. Do Your Own Research. All opinions expressed here are owned by the respective writer and should never be considered as financial advice in any form.