Promotional advertisements for digital currencies in the Arab world. Beware of fraud

For more than a decade, the concept of digital currency has emerged strongly and gained a solid foundation over the past decade.. It appears that this digital currency will form the basis of financial exchange for future generations, who will view paper money as we would view the exchange of a primitive man.

In this article, we look at how cryptocurrencies are marketed through misleading advertisements promising huge and quick profits. But they often hide the real risks associated with investing in this market.

Cryptocurrency advertisements: little credibility and a lot of fraud

The characteristics of financial transactions for future generations are beginning to appear on the horizon. Paper currencies may be one of them, but they will neither be the strongest nor the most significant. A decade was enough for the cryptocurrency market to emerge and prosper, as well as its advertisements.

If you came across advertisements CryptocurrenciesYou probably know that this tempts investors with profits. If you have had any investment experience before, you will probably have realized that this has nothing to do with reality!

In most cryptocurrency promotions, the individuals behind present themselves as Wall Street geniuses, who have developed trading tools and will make you the next millionaire with a simple investment starting from a few hundred dollars.

In these advertisements, emphasis is placed on phrases such as "You will become the next millionaire!" » Or “We will change your life!” Or “Once registered and invested, you will benefit from 50% of your investment!” » You might even think that the world of digital currencies has a monopoly on profit. Of course, neither the risks nor the guarantees are mentioned.

It is undeniable that the marketing method is not innovative and the use of the phrase “cryptocurrency” is often ignored and replaced with the phrase “investment”. Certainly, the content of these advertisements is similar and may be identical to that of the various sites associated with this investment.

👈Read more: Celebrities and cryptocurrencies: promotional contracts or investment?

Don't be one of those who lose your money to cryptocurrency thieves

In fact, the world of digital currencies doesn't need a Wall Street genius. But only to someone who understands outside influences, including... the global economy Micro, political, environmental and societal factors, and tracks and analyzes internal influences that control currency prices. Periodic and regular monitoring of the digital wallet and indicators.

The risks of the digital currency market are increasing because investors sometimes do not know how to trade, and marketers ignore the central questions of this "investment" in their advertisements and often exaggerate.

👈Read more: These Tips Will Make You a DeFi Risk Management Pro

Various studies and numerous documentaries have indicated that millions of people have lost a large part of their money while seeking to invest in the digital market and have lost the dream of wealth and the savings they had invested to achieve this dream.

What must be taken into consideration before embarking on any advertising is that routine is part of the work of investors and traders in digital currencies, and that failure is possible and there is no has no guarantee for your investment. Therefore, reliable experts always advise you to invest what you can afford to lose.

You can invest $100 and earn thousands of dollars, or you can also lose your money and wait for the market and indicators to change in hopes of minimizing your losses. What happened to my investors can happen to you too Quadriga And everyone had the rug pulled out from under them.