Bitcoin, and the entire cryptocurrency ecosystem, has been touted as the “Wild West” of investing. Citing the market’s extreme volatility, traditional investors have been critical of investors who put sizable resources into their crypto wallets. While Bitcoin and other established altcoins are volatile, they aren’t riskier than equities on the stock exchange.
Why Bitcoin Supersplit appears to be a scam
It hasn’t been determined yet whether Bitcoin Supersplit or other similar platforms are, in fact, a scam. However, experts have issued warnings to anyone considering investing their money through them.
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For one, Bitcoin Supersplit boasts claims about high investment returns. Any trading platform that promises high returns in such a volatile market is selling fluff. While it’s true investors can make money trading cryptocurrencies, it’s far from guaranteed.