Crypto Gloom

Costcoin scam? Beware the siren song of cryptocurrency: ROI too good to be true | cryptographer | Coins | November 2023

cryptographer
Coin Monk

Hello, dear cryptocurrency fans, experts, and experts.

Wow, last week was really interesting. Because I value your time, let me cut to the chase. The day before, I received an invitation from a very good friend (let’s call him Anakin Skywalker) to join a platform called Cosetek. Cosetek was offering overly good ROI while claiming they were doing what they called “quantitative trading.” method…

The COS automated quantification system automatically searches for the lowest selling price of BTC, ETH, USDT and other digital currencies on major exchanges and allows you to quickly purchase within seconds. When the price of your currency reaches the selling price automatically set by the system, it will be sold quickly – within seconds. The process of buying at a low price and selling at a high price is completed automatically in just a few minutes, and quantitative transactions can also be completed quickly. You can collect data 24 hours a day without interruption and profit efficiently and reliably without the need to manually observe the market. COS automatic quantitative system. — Cosetek.com website

I mean “BS”.

Yes, I am an optimistic person and believe that everything is possible. But our intuition is so powerful that it sometimes scares us. Seriously, I know things before they happen. This was no exception. A friend sent me a referral code so I signed up for the website and although I was curious I totally passed on it despite how promising the profits looked.

Costcoin Scam

A few days later, the website showed up with a very generous “Thanksgiving” offer to double your first deposit. Yes, you get 100% profit immediately. And Anakin texted me to share it because I know he means it…