Word of the Day : Feint

in vlog •  7 years ago 


Definitions for feint
a movement made in order to deceive an adversary; an attack aimed at one place orpoint merely as a distraction from the real place or point of attack: military feints; the feints of askilled fencer.

I am not a financial professional. Any and all investments have inherent risks. Please seek advice from a financial professional whenever making decisions regarding investing.

We are seeing tons of fraudulent scams in the crypto-currency field. Where people are talking up a particular coin or ICO. Saying it is the next big thing. Look out. The are true feints. Pump & Dump scams. Protect your money. They are saying this coin or company can do this and do that. They say get in the ground floor. To the Moon. Buy! Buy! Buy!

And in actuality they are selling the coin. A pump & dump scam. While you are buying they are selling. So many bad actors and scammers out their. History repeats itself. You saw this in stocks, FX market, and now we are seeing it in the crypto world.

But this time millions & millions, even billions are changing hands. It is said that 95% of ICO and cyrpto-currencies in 2017 are worthless or have literally 0% of success. And it has just started. The dreams of easy Lambos will draw fools with their money easily lost to scammers just like moths to a flame. Look out for FEINTS.

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I.J.
@steemcafe


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Nice PostGK.ROBIN.gif

You got a 20.00% upvote from @steemcreators courtesy of @steemcafe!

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Nice pick and great points made! I especially like the bitcoin multiplier programs... People never give up no matter how far fetched their fairy tale is!

Nice to meet you

Nice explanation of the word feint @steemcafe and how you correlate it into the Steem platform. Great work I.J. I really enjoy these.

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