What is CoinInsider?

What is CoinInsider? (ConInsider to be more accurate)

CoinInsider dot com is an misrepresentative review site that is designed to scam people using intelligent misinformation. They use disingenuous reviews to persuade people to sign up to offshore, unregulated broker services who then defraud their customers.

Fake review sites have become a necessary part of the grand 'get rich quick' deception.  Misrepresentation outweighs the facts online and the search engines take into account what they are instructed to interpret as human behaviour. Linking to a site means it must be good, right?

What this means is that these endless review sites are perceived to be honest simply because of how many there are. The number of fake sites sway the results of Google's search engine because it has no understanding of misrepresentation, and can only follow simple rules to detect foul play, like plagiarism and suspicious web servers etc. This means that if you start handing out affiliate fees to anyone who can be bothered to write a few fake reviews, then you can persuade Google that you are a legitimate site.

This is exactly what we see with sites like CoinInsider, who (just as the scammers do) claim that they are concerned with Bitcoin, when they have almost no material relating to crypto currencies at all. They have reviews of traders and CFD bookmakers but do not distinguish between these and the alleged crypto trader platforms, none of which appear to actually exist outside of being a scam. They write fake reviews of these alleged automated trader software bots, that they know do not exist, and then they fill the reviews with links to these fake bots, along with their affiliate codes. This means that Google processes the sites as popular, and CoinInsider get affiliate fees when anyone clicks the links.

What this means is that careful, diligent people who check reviews and look out for where sites rank, and who only deal with legitimate firms, are being ripped-off by these affiliate scammers, who are taking advantage of people through Google.

The automated trading software that the ConInsider site advertise are a scam and do not actually exist, as the authors of CoinInsider well know. The misinformation used to influence the naive are obvious and intuitive; these are the emotions that con-artists use -  encourage fear, greed, misery and doubt to make you leap before you look. What would take a few minutes to do on a site like coininsider can affect you for years to come, giving these con-artists your contact details takes just a matter of seconds. 


Here is an example of the way all of these site conduct 'reviews' They always start with the same question:

Is CoinInsider a scam or legit?

Something you need to understand, to realise what CoinInsider is, is that these CFD 'brokers' that they sell you, are not just any old broker. They are offshore, unregulated spread-betting/leverage/CFD companies that have no connection whatsoever with the UK, USA or Australia. This means that even if you win, they may well not pay up. They use services like cloudflare, so you will not be able to find their server addresses. They hide their domain registration details, so you will not be able to discover their names. They hold an 'offshore' company registration, such as in the Caribbean.  This means you will not easily be able to bring a case against them, as all of their letters are passed on by mail forwarding services on St Vincents and the Grenadines. Their business model is to defraud people - any company that claim they can recover your money are recovering from your bank rather than the culprits. The scammers win no matter what, in reality the recovery companies help the scammers extort the banks.

CoinInsider are a part of this machine - they perpetuate the lies that magic trader robot softwares, exist and can make you money. It is not even impossible that the recovery companies, the fake review sites and the scammers are all one and the same group of scammers, they certainly all seem to operate the same sorts of tactics.

Recovery companies take extra fees for recoveries, which means that even if they recover your money from your bank through reversing card transactions, you have now paid a percentage to a company that has appeared as legit, but the scammers still have all of your money. What this means is that the recovery companies are the only people that get you money, the scammers just get money from your bank that the bank then has to use their insurance to cover. The recovery companies cost the scammers nothing, so they are happily coexisting, without taking any share of the market from each other.

We would suggest that you don't give them your contact details or they will make you understand the harm all your money with unregulated offshore scammers can do to a family.


How to lose your first stake with scammers reviewed by CoinInsider

Here is a step by step guide to opening an 'account': once they have your details you are in serious trouble, here is what happens.

1. Registration

The first step of the scam is to get you to give away your contact number After successful 'registration' you will be terrorised by telephone morning, noon and night as part of their 'set-up' process, and believe us, it is a set-up.

Official Registration


Register your CoinInsider account through CoinInsider and receive a FREE Personal Phone Terrorist to walk you through the set-up process. (they call them 'brokers.')

Then they try to assure you of their security: CoinInsider have taken all the necessary measures to ensure user data is shared amongst all of their criminal buddies, including Russian, British and Australian thieves.

2. 'Demo' Account

As previously stated, the demo account can be used fool people into thinking that MT4 or MT5 spread betting is easy. Once you sign-up for the 'demo' account, you will be targeted non-stop, because now they have your details. They will actually phone you hundreds of times with desperate scammers who are being pressured into defrauding you

3. Stake

Once you’ve been deluded by the demo account you can now move on to the live account. All you need is an initial £250/€250 stake and they have you. Again, ConInsider do not suggest a minimum investment for your first try, which is ridiculous as the smallest gamble for your first live trial would obviously be best. Now that the scammers have your details from your deposit, and know you have money, they will pester you to the point of madness by which time you will give them £30k. The payment methods accepted are Mastercard, Visa, Maestro, American Express and Discover Network, and you will never see your money again.

 



Can you make money with CoinInsider?

is bitcoin evolution legit

There are many reported successful scammers on the web. Scammers report satisfying results to encourage people to sign up for  spread betting, even those who have never bet before are persuaded to do business with an offshore & unregulated CFD 'broker.'  They are trying to get your contact details to sell you CFD spread-betting, which is best described simply, as on-line fraud. 


A few helpful tips for investors starting out

To minimise the risk of losing funds, for goodness' sake, do NOT fill in any forms with your contact details : 

  • Check the bottom of the website first, is it a scam? If it mentions CFDs then just run.
  • They just want your details - the first deposit is a minimum of £250/€250. This amount of money is enough for the scammers to know you have funds and that you are worth terrorising for more money.
  • There is no real platform so you cannot earn a profit, you just get signed up for MT4 or 5 CFD spread betting which is extremely financially hazardous. Every app of theirs we test has no trading feature, just a feed to the latest cryptocurrency prices.
  • Do not reinvest- more money is made by the scammers when people reinvest after the first withdrawal. We do not suggest reinvesting some of the earnings made initially, as if you receive any it will just be a set-up for a larger scam. (Notice that coininsider claim they do not give financial advice at the bottom of their page, yet they advise you to reinvest.)
  • Learn from the experts - you will quickly see that no one advises retail users to spread-bet on ForEx CFDs. 80% of all retail accounts lose all the money they wager.

Key features of the CoinInsider

All registered users are given access to the dangers of 'automated trading' software, which in reality are just MT4 spread-betting tools. The idea that these systems are automated, of course, encourages the least experienced victims to sign-up for this scam and CoinInsider get their affiliate fees. After which, the scammers earn revenue from the high volume of cash extracted by this ongoing fraud. 

Here are some key features of CoinInsider: 

  • Brokers– Once registered, you will be terrorised by a bunch of scammers. If they get your details you will need to change your number.
  • Auto trade feature– No AI software has an auto trade feature which allows the automated system to perform transactions and make money. The MT4/5 companies banned all the algorithms years ago. All the spread better can do is to put certain limits in place to determine the volume of cash lost on the system. Considering the volatile nature of the CFD ForEx market, we suggest that the potential victim find a better way to invest their money. 
  • Performing trades-. There are no trades, these people are bookmakers looking to harvest your details through deception. A trade mans you own commodities to sell, this is just gambling.
  • Verification processes: It is mandatory that every potential investor goes through the verification process to ensure the scammers have a real phone number and bank account to rape. The process is quite horrible, as long as the correct email address and contact details are given, you will be terrorised. 
  • Withdrawals and deposits– After initiating a withdrawal, the system processes the request which means absolutely nothing, they are just playing for time whilst you slowly realise you are the victim of fraud. The amount due to the victim still won't have been deposited into your account 24 hours after making the request. This is a sign to the scammers who now know that you know you've been scammed. Now they will just avoid you.
  • Payment methods– There is a range of payment options available to make deposits as easy as possible, but you will never see your money again. 
  • Cost and fees– it is reported (in other words they make no promises) that there are no hidden fees or charges to the account before or after withdrawal. (But it does say you could lose all of your money at the bottom of the page.)
  • Customer services– There is a 24 hours customer support function available to victims for the first few days to get you comfortable before they sting you.

Advantages of spread betting with CoinInsider's offshore unregulated scammer mates:

As we have discovered, there are some unique features to CoinInsider. Many crypto trading applications are scams as you really just trade Cryptocurrency using Changelly, not this nonsense.

Here are 6 advantages of spread betting with the advice from CoinInsider: 

  • Hassle-free setup - the scammer phone calls and unique set of lies as well as the fact that setting up an account is a seamless process all contribute to getting as many novice traders tangled up in their scam as possible.
  • Impressive success rate - it is reported that investors could achieve a success rate as high as 88%, depending on the blah-de-blah.
  • Demo account - the demo account is designed to fake profits. The telephone terrorist or 'broker' will help you add lots of money to the system until you are 'broke.'
  • User-friendly- it is a very complex scam, as the actual technology they are promising to connect you with does not actually exist.
  • Has an App – There is an app but it’s not available in all countries.
  • Trade forex – not only can you not trade cryptocurrencies using the software, it also allows you to trade forex pairs.

CoinInsider vs. Other Trading Applications

CoinInsider Other Crypto Applications
❌ CoinInsider offers a free demo account to help convince you that CFD spread-betting is not a terrible idea, but it is. ✔️ Other trading actually grants you ownership of real commodities that are worth something even if they go down in value.
❌ CoinInsider claims to have a success rate of 88% but in actuality 80% of all retail accounts lose their money. ✔️ Other trading is done by millions of people who can give you decent advice. 
❌The minimum amount to start off with is £250/€250 but they will terrorise you until you deposit all your money. ✔️ Other crypto currency can allow you to buy stock rather than just ripping you off with CFD bookmakers.
❌Registering is a seamless process because this is a scam. Real traders want 2FA and other security systems. ✔️ Other trading applications allow you to buy and sell real shares.
❌ Non-existent withdrawal process that takes forever to do nothing so that they have time to change websites and phone numbers. ✔️ Other trading platforms have a real connection to stocks and shares, which means you're not just being ripped off by these monkeys.

Has CoinInsider been featured on TV?

Here is a very typical tactic used by the scammers and their fake review affiliate partners. Even though this is so obviously a scam and that no one on TV would ever admit the existence of these scammers except in an expose documentary, CoinInsider will go over every part of the story as if it merits analysis, with a link to every scammer at every opportunity:

There have been numerous reports that the CoinInsider has appeared on TV shows such as Dragon’s Den, This Morning and Shark Tank. If you're not completely insane then you can see that this is just the scammers trying to get attention. 

We investigated all the claims about which TV shows CoinInsider was featured on, here are the results:

Dragons Den

Shark Tank

Has CoinInsider been featured on Dragons Den?

Dragons Den is a famous British show where aspiring business people are given 3 minutes to pitch their business idea to a panel of successful business people in the hope of getting investment to launch and take their business idea to the next phase. Any product associated with this show would gain overnight success. We have not found any link between CoinInsider and Dragons DenNO

Has CoinInsider been featured on Shark Tank?

Shark Tank is an American investment show similar to Dragons Den. Entrepreneurs are given a few minutes to pitch their idea to a panel of millionaires in the hopes that these millionaires will invest money in their idea. If CoinInsider had the support of Shark Tank then its safe to say that it would be all over the news, however it is highly unlikely as CoinInsider is not licensed in the states. CFD 'trading' (spread-betting) is outlawed in the states to protect people from sites like CoinInsider. NO

Has CoinInsider been featured on This Morning?

This morning is a British daytime television programme on ITV that has been active since 1988. The show is a mix of celebrity interviews, show business news, topical discussion, competitions, health etc. If CoinInsider were to be featured on this show, millions of British people would be reached, and social media and news would be flooded with news, questions and hashtags about CoinInsider on This Morning. NO


Has CoinInsider been endorsed by celebrities?

There have been claims that CoinInsider has been endorsed by international celebrities. We decided to investigate each case where a celebrity has been link to CoinInsider or any other crypto trading application. NO

Does Gordon Ramsay Support CoinInsider?

Of course he bloody doesn't. He is a chef and knows nothing about cryptocurrency, so any rumours suggesting such are false. NO

Does Peter Jones Endorse CoinInsider?

Peter Jones is a British businessman and so makes sure to stay clear of being associated with anything that may lose people money, especially fake review sites like CoinInsider. NO

Does Elon Musk Endorse CoinInsider?

Elon Musk is quite busy at the moment and does not give advice about investing in crytpocurrencies. NO

Does Trevor Noah Recommend CoinInsider?

Trevor Noah is a South African comedian, political commentator, actor and the host of the popular American talk show, The Daily Show. Do you really think he would use a retarded scam review site like coininsider? NO

Does Kate Winslet use CoinInsider?

Kate Winslet is a famous British actress known for her work on Titanic and Extras. An actor or actress is not a sound basis for making serious financial decisions. NO

Holly Willoughby  and CoinInsider?

Holly Marie Willoughby is a British author, model and TV presenter on This Morning and Dancing on Ice. Like the other celebrities on this list there have been claims that she supports advanced crypto trading application but this is obviously ridiculous. It does help prove that Bitcoin trading software is a scam though, as the owners of Bitcoin Evolution, Bitcoin Revolution etc. are obviously the ones circulating these lies. NO

Although none of these claims would ever be true we have made a list of celebrities who have invested or have endorsed cryptocurrencies. Also note that the above claims were not made by the creators of CoinInsider. (Oops yes they were.)


Celebrity thoughts on crypto and involvement with cryptocurrency projects:

Celebrity Quotes Crypto Projects
Erick Schmidt (Google CEO) “Bitcoin is a remarkable cryptographic achievement and the ability to create something that is not duplicable in the digital world has enormous value.”  
Bill Gates “Bitcoin is a techno tour de force.”  
Tyler Winklevoss (Co-inventor of Facebook) “We have elected to put our money and faith in a mathematical framework that is free of politics and human error.”  
Richard Branson “Virgin Galactic is a bold entrepreneurial technology. It’s driving a revolution and Bitcoin is doing just the same when it comes to inventing a new currency.” Richard Branson reportedly has $30 million invested in BitPay.
David Marcus (CEO of Paypal) “I really like Bitcoin. I own Bitcoins. It’s a store of value, a distributed ledger. It’s a great place to put assets, especially in places like Argentina with 40 per cent inflation, where $1 today is worth 60 cents in a year, and a government’s currency does not hold value. It’s also a good investment vehicle if you have an appetite for risk. But it won’t be a currency until volatility slows down.”  
Mel B “I love how new technology makes our lives easier, and to me that’s exciting,” said the artist, on announcing that she’d be accepting crypto payments. “Bitcoin unites my fans around the world using one currency.” announced that she was going to accept Bitcoin payments for her new single. Good luck with that.
Mark Zuckerberg “The technology powering bitcoin could help improve Facebook in the future.”  
Elon Musk “My opinion of bitcoin is that it’s probably a good thing. It is, I guess, primarily a means of doing illegal transactions but that’s not necessarily entirely bad because some things maybe shouldn’t be illegal. It will be useful for legal and illegal transactions.”  
Kanye West “That was the moment that I wanted to use Bitcoin, when I saw Harriet Tubman on a $20 bill,”  
Ashton Kutcher “I think bitcoins are obviously becoming more and more relevant,” Ashton Kutcher has been an advocate for Bitcoin and he invested in a sports betting blockchain, Unikrn
William Shatner   Involved with Solar Alliance, a Vancouver-based company which operates a solar-powered bitcoin mining farm
Michelle Pan “This is why bitcoin and crypto and decentralization is the next wave. It’s the most important evolution of the internet,”  
Mike Tyson “People don’t really understand a currency based on numerical equations. I personally still don’t … but I’m grateful to be a part of the revolution and hoping that my participation in this space will lead to more conversations and help increase knowledge and awareness, Tyson launched his own line of bitcoin ATMs in Las Vegas in 2015.
Russel Okung “Bitcoin feels like a renaissance, the great awakening or enlightenment, and that’s what we’re trying to capture,”  
50 cent   Sold an album for the cryptocyrrency titled: holding it and forgetting about it
Nas (Nasir Jones) “[Bitcoin] will evolve into an industry as big, if not bigger, than the internet. My man Ben Horowitz really opened my eyes to that point. This isn’t of the internet age, bitcoin is its own age,”  
Gwyneth Paltrow   Joined the Bitcoin wallet startup Abra as an advisor during an episode of the Apple series, Planet of the Apps.
Snoop Dogg “My next record available in bitcoin n delivered in a drone.” In 2017, Snoop Dogg was presented with 1,500 SparkleCOINs from the company worth approximately $55,500 as a donation for his youth football program.
Floyd Mayweather Jr. “Spending bitcoins ethereum and other types of cryptocurrency in Beverly Hill.”  
Luis Suarez “build the best prediction market in the world together.”  
Donald Glover “I know a lot of people are skeptical, but I feel like if everything’s going to live online, why not bitcoins? Being backed by gold seems very old and nostalgic to me. Being backed to a bitcoin, which takes time to actually make and there’s this equation that has to be done, that feels realer to me and makes more sense”.  
Joe Rogan ” Quite honestly I’m absolutely fascinated by the idea, but I haven’t given it my full attention. I’ve sort of been sitting back watching it from a distance and waiting to see if it takes root. If it does, I honestly think it could really shake up the global economy.”  
Mark Cuban “It’s still very much a gamble. It could go to $15,000 or zero and maybe both on the same day.”  
The Game “The Game joined Paragon CEO Jessica Versteeg to encourage the use of cryptocurrency in the cannabis industry”.  
Dennis Coles “I personally think that anything that puts cryptocurrencies in front of the eyes of everyday people is a great thing for the markets overall,” Dennis Coles, announced his investment in the cryptocurrency world as a co-founder of Cream Capital, a firm aiming to build a blockchain ATM network to facilitate the use of coins like Ethereum and bitcoin
Jamie Foxx   Jamie Foxx jumped on the cryptocurrency bandwagon when he began promoting the token sale of Cobinhood, a free cryptocurrency trading exchange
Akon Bitcoin “is going to change the world from a money transactional standpoint not just for Africa, but for everywhere”,  
Roseanne Barr “let’s really understand #bitcoin it might be better than removing the federal reserve, and faster way 2 end satanic ritual rule”.  
Richard Sherman   Richard Sherman announced on Facebook that his official online store would begin accepting bitcoin payments, calling it “the currency of the future.”
Chad ‘Ochocinco’ Johnson “Discussing the concept of @Bitcoin with a friend. Can y’all show me how easy it is?”  
Johnny Depp   In the fall of 2018, the actor became a partner with TaTaTu blockchain startup, which deals with film-making.
Drew Carey Once tweeted; “Just tried to buy breakfast w bitcoins. Refused. #whenwilltheworldcatchuptomyhipness”  
Al Gore “I think the fact that within the bitcoin universe an algorithm replaces the functions of [the government] … is actually pretty cool. I am a big fan of Bitcoin.”  
Luis Suarez   Luis Suarez now also wants to make money by predicting who wins a match. Uruguayan football star invited 25M of his followers on Instagram to join him in signing up to the Ethereum-based prediction market platform Stox and making their predictions for the US Open
Lothar Matthaus “Looking forward to see the new Maradonas and Ronaldos! Glad to be an ambassador of Token Stars in Football”. Lothar Matthaus joined as a Football Ambassador, because, as he stated, by decentralizing talent scouting TokenStars has a big potential to ensure that we’ll see the new maradonas and ronaldos in the nearest future.
Gianluca Zambrotta   He is focused on coaching the football club in China and in the crypto world as a TokenStars Football Ambassador.
Redfoo   He is a coder working on an Ethereum project! He is very into the blockchain and donated several personal items for TokenStars Crypto Christmas Charity Auction.
Roger Ver   Currently he is involved in numerous projects, such as Bitcoin Cash, bitcoin.com, Ripple, Bitpay, Kraken, Coinsetter. Roger donated his T-shirt to the Crypto Charity Auction of TokenStars.
Tommy Haas   Recently become a Tennis Ambassador for TokenStars.
Mila Kunis Stop looking at my bottom. Easier said than done, Mila!

Our conclusions

From the research we have conducted, we can support the claims that the CoinInsider software is a scam. If anyone had invented fool proof crypto currency trading software then they would just use for their own gains. This is just a contact number harvesting exercise for offshore unregaulted scammers and Coininsinder know it. The testimonials from users who have traded on CoinInsider further confirm these claims as the real reviews on Trustpilot all say scam! 

We have now identified that the software is a highly dangerous scam and to be avoided at all costs. All in all,  we can confirm that the chances of making profits with CoinInsider are nil.


FAQ’s

  • Is CoinInsider legit or scam?

According to various reports and reviews, CoinInsider is a scam. Many investors have left reviews where they have received hundreds of awful calls from thieves or lost their savings after investing in this crap. 

  • Will I make a profit with CoinInsider?

There are many websites claiming investors are making €1k+ per day with CoinInsider but this is obvious nonsense. Do not give them your details unless you are going to use a temporary number and post the conversation to Youtube. 

  • Can I withdraw the Bitcoin on my CoinInsider account?

Unfortunately not. It's a scam.

  • Should I invest with CoinInsider?

F**K no. 

  • Does the CoinInsider have a high success rate?

Only if you're the scammers defrauding people with it. 

  • Have celebrities endorsed the CoinInsider?

Every celebrity has ever shared their positive opinions around CoinInsider and none ever would. No person of merit would ever be stupid enough to openly endorse this idiotic trading platform review site.  That would be tantamount to fraud and the end of their career.

  • Why are there so many products similar to the CoinInsider and do they all offer the same benefits?

The affiliate market is large because there are many other fools that exist as another option besides CoinInsider, this does necessarily mean that these other fools are exactly the same types of scammer affiliates. Be alert for scammers using these fake software concepts to steal your savings. 

  • Is it mandatory to have Bitcoin savings before using the CoinInsider?

No. It's a scam, all you need is money to buy and save the fake cryptocurrency, which you will never see anyway. 


Glossary of Irrelevant Financial Terms to Defraud you

Term Definition
Fiat Fiat is traditionally referred to as paper money, that has no intrinsic value, but whose value is essentially established by the creator, in most cases this would be the government.
Bitcoin Bitcoin is currently the world’s most popular cryptocurrency. Bitcoin runs on a Bitcoin Blockchain and is a decentralized currency that operates independently from central banks and authority
Ethereum Ethereum, like Bitcoin, is a cryptocurrency that is decentralized. Here, investors can transfer and exchange value.
Litecoin Litecoin is also a cryptocurrency and a blockchain mirroring Bitcoin.
Exchange The crypto exchange is basically an online platform where crypto investors get to exchange different cryptocurrencies for other cryptocurrencies.
Bitcoin mining Bitcoin mining occurs when Bitcoin transactions are verified and confirmed before being added to the Bitcoin Blockchain.
Crypto wallet A crypto wallet is a software program that stores the private and public keys of investors. It also allows users to transfer, receive, spend, store and check their balances.
Circulating supply This refers to the amount of a given cryptocurrency or tokens that are publicly available and circulating on the market between buyers and sellers.
Market cap Market cap refers to the market value of all of the cryptocurrencies available in the market per day.
Altcoins Bitcoin was the first and most successful of all cryptocurrencies. All other coins are grouped together under the category of altcoins.
Block Explorer An online tool for exploring and analysing the blockchain of a cryptocurrency.
Block Height Block height refers to the number of blocks connected in the blockchain.
Block Reward An incentive given to a bitcoin miner who has successfully calculated the hash (verification) in a block.
Chain Linking Transferring one cryptocurrency to another. This requires the transaction to be lodged in two separate blockchains.
Consortium Blockchain A privately owned and operated blockchain.
Cryptography The process of encrypting and decrypting information.
Decentralized Autonomous Organization Refers to organisations that are run by computer programs or software rather than a human input. There is no central authority in this regard.
Token Tokens are strongly associated with ICO’s and are often built on pre-existing standard from established ‘smart contract’ blockchains like Ethereum.
ICO This stands for Initial Coin Offering and refers to a disruptive new method for projects to gain funding.
Fork In cryptocurrency terms, a fork is an event where an existing cryptocurrency splits into two variations of the code.
Wallet A cryptocurrency wallet is the primary way owners of cryptocurrencies are able to access their coins.
Hot and cold storage This refers to where a particular wallet is hosted. Hot storage refers to a wallet that is accessible from an internet connection, where cold storage refers to hosting your wallet offline on a separate piece of hardware.
Escrow An escrow is a financial arrangement where a third party holds and regulates payment of the funds required for two parties involved in a given transaction.
Smart contract The Ethereum blockchain allows for code to be deployed onto it in the form of a smart contract. This contract is essentially a set of mathematical rules that dictate how the transactions function
Proof-of-work (PoW) For transactions to be confirmed and added to the Blockchain ledger, there are various approaches that have been developed to complete this process.
Proof-of-stake (PoS) In PoS-based cryptocurrencies, the creator of the next block is chosen via various combinations of random selection and wealth or age.
Proof of Importance (POI) This is a style of proof pioneered by the coin NEM as a third alternative to PoW and PoS.
TA Shorthand for a technical analysis, or the analysis of coin values based on historical price movements and sophisticated indicators.
Node a computer that is connected to the network of a particular cryptocurrency.
Mining Mining is the process of validating new transactions on a cryptocurrencies distributed ledger.
Moonshot This refers to a cryptocurrency shooting upwards dramatically.
Bear and Bull markets A bull market is refers to rising prices and optimistic sentiment that encourages buying. Bear markets are considered the opposite of bull markets, with downward price trends and a pessimistic sentiment that encourages selling
Whale Refers to someone who holds an large amounts of cryptocurrency
HODL Refers to the passive investment strategy of ignoring market turbulence and waiting for long term returns.
Hard Fork Refers to a type of fork that creates a permanent change to a digital currency’s standard protocol
Long/Long Position Refers to making a wager that a certain asset will eventually rise in value.
Private Key A piece of information that is presented as a string of letters and numbers a investor can use to access their digital currency
Public Key An address where a investor can receive his/her digital currency using a combination of letters and numbers.
Rekt Occurs when an investor loses large sums of money on the cryptocurrency market
Short/Shorting Occurs when an investor takes a short position- making a bet that a asset or currency will fall in value
Mining Incentive A reward miners get for confirming transactions and mining them in to blocks
Noob Refers to new investors on the cryptocurrency market.
DApp Refers to a decentralized application.

Other Crypto Trading Systems

Crypto Trader Bitcoin Trader Bitcoin Loophole Bitcoin Lifestyle
Bitcoin Rush Bitcoin Revolution Bitcoin Profit Bitcoin Code

Disclaimer: The content on this page should not be taken as financial advice. It is for informational purposes only. Never gamble what you can’t afford to lose. Always research as much as possible before making any financial decision and consult a certified financial advisor. Never invest or bet or trade with anything that tells you that you can make a fortune in days. If they were real people they'd have been sued out of business by now.

As you can see it is a lot of words and we have edited them to allow the truth to peek through the lies. If you are the victim of a scam please contact us so that we can get the word out on their latest tactics. Please assist us in helping others to avoid what you have been through.