Never Give Up Your Crypto for Possible Future Gains via Ponzi, MLM or HYIP Schemes.
bitcoin·@hilarski·
0.000 HBDNever Give Up Your Crypto for Possible Future Gains via Ponzi, MLM or HYIP Schemes.
 # Crypto Thoughts by Randy Hilarski. # We have all seen promises of huge profits if you hand over your Bitcoin or Ethereum to a third party. Even I fell victim to a few of these schemes early on in my crypto currency journey. Looking back I would not take the same path. I have learned over the last four years that the best path to take with my crypto currency is to hold it in my hands. I have invested my Bitcoin in Genesis Mining, Bitclub and even a few shady HYIP scams. None of these programs have come close to approaching the profits I would have realized if I just held my Bitcoin. My biggest concern is not having control over my crypto currency. I should have known that handing over something of value to me will never be taking care of, as good, by the third party as it would if I just held it myself. I see people promoting things like Bitconnect, USI Tech and other 3rd parties that would love to get a hold of my Bitcoin. I cringe every time I see someone promote this garbage. STOP, you are hurting the community. ## 9 Reasons Why I Don't Recommend Handing Over Your Crypto Currency to Third Parties Promising Big Gains or Future Payouts. ## 1. You run the risk of losing it due to bad security on the part of the third party. 2. If something goes wrong do you really want to deal with customer service to recover your money? 3. When you invest your hard earned Bitcoin in third party projects you no longer hold your keys. 4. You miss out on all Bitcoin aridrops. I missed out on a ton of Bitcoin Cash, Bitcoin Gold etc. 5. Becoming a Crypto enthusiast means you are taking responsible for your own financial future. 6. Do you really trust these third parties? 7. Never make decisions based on greed in Crypto. 8. Companies and websites disappear all of the time. 9. When you are new in Crypto, companies will prey on your lack of knowledge. ## If Something Requires That You Turn Over Your Crypto, I Recommend You Think Twice. ## https://steemitimages.com/DQmbNCc218nTt3pout5VZfoGNHCvrddB4qEAdAxrWicdsZM/Randy-Banner-big-Steemit.jpg
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