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A Company in NY that Can Recover Your Money Lost due to a Scam

Scams are nothing new today because as long there is money to spend, there will always be at least one person that will take advantage of naive people.

In the internet era, scams have become more complex, and this way, more and more people are being deceived by such illegal practices.

On social media platforms we can see today a lot of comments, advertisements, referencing investment advisers and amazing opportunities that miraculously made those involved very reach in a pretty short time.

You can see many ads on YouTube or other media platforms, where self-made millionaires want to teach you their way of making money in the crypto world, or day trading, or forex or whatever you believe in.

Some Scams Are More Than Obvious

Luckily, some of these scams seem quite ridiculous, and this thing makes them less appealing to a larger number of people, which means that only a few will get scammed.

This happens usually because many people want to start investing (because they have money to invest), but they don't really understand the world of investment that much, so they can easily fall into a trap prepared by scammers.

Without the proper knowledge, it is extremely hard to discern between a legitimate opportunity to invest and a pure fabrication.

People that never invested before, have a pretty hard time understanding the world of crypto, day trading, forex, etc., so they are used to listen to people considered 'experts' in the field, which shares with them different 'tips' from the crypto or stock market world.

However, because they don't know much about these words, they can easily fall into the trap set by scammers, and they start losing money, some of them small amounts, while others pretty large amounts.

If you've already been scammed, you have to know that there is a company in New York called Noble Ally Finance Security, which is a full-service recovery consultancy for Currency Trading including bitcoin & other cryptocurrency and forex scam.

They can help you whether you’ve been the victim of a forex, online, investment or any other type of scam, regardless of the amount of money you have lost.

The Most Common Investment Scams

Next, I will show you the five most common investment scams, so that you will never be fooled by them again.

1. Advance fee scheme

This involves the scammer trying to convince the victims to send them money.
To be convincing, the scammer pretends to be a trader and asks the victim to send him money to produce profit.

In some cases, the scammers can be more targeted and approach people that lost money due to an investment, so they promise the recovery of the loss. However, to initiate the process, you first have to pay a processing fee or a tax, and this is the step in which you can lose money.

2. Boiler Room Scam

This is usually used by call centers that use unfair or dishonest selling tactics.

3. Pump & Dump scheme

In this scam, fraudsters will first purchase a sizeable amount of a given investment. They usually focus on a small public company or a recently released crypto currency that is lightly traded.

Being painted as a highly promising investment (hot tips about a specific company which you can take advantage of), you can lose a lot of money over time.

4. Ponzi scheme

This is an old scam, in which fraudsters usually market some sort of investment opportunity that promises high return for an upfront payment.

5. Fake gurus (Investment Seminar Scam)

These fake gurus (self proclaimed millionaires), can be found today all over the internet and they offer you the secret to making money from stocks, crypto, forex, online businesses, etc.

You lose money when you buy their service.

Final thought

Fortunately, while the method of delivery has changed over time, the essence of the investment scam is nothing new. By learning the basics of any market, which you intend to act as an investor, you will be better protected from simple and even complex scams.
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Quantity of assets Forex trading's volume of assets is appealing, for example, Fusion Markets offer forex trading on more than 90 currency pairings, including major, minor, and exotic currencies, though, forex traders like stable big currencies like EUR/USD and GBP/USD. The stock market potential is infinite, but the FX trade volume is $5 billion each day. On the stock market, you can trade global tech, pharma, and auto shares, blue-chip and penny stocks are included. Dow Jones Index and S&P 500 are two of the most prestigious worldwide indexes traded on the stock market. Stock market shares aren't always considered an advantage over forex trading as some traders prefer trading a small number of top forex pairs that have remained in the market rather than existing, new, and emerging stocks. 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Birth of Bitcoin: A Global Game-Changer for the Economy
In the midst of the 2008 financial crisis, while governments were struggling to rescue collapsing banks and a potential second bailout loomed, an individual or group under the pseudonym Satoshi Nakamoto was developing a revolutionary idea. They discovered the concept of "Proof of Work" (PoW), which paved the way for a decentralized digital ledger system for transactions known as blockchain. This article explores the fascinating world of Bitcoin and its origins. Through tracing its journey from the mysterious figure of Satoshi Nakamoto to the early stages of mining and trading, we seek to unravel the story of how this game-changing digital currency was born. The anonymous creator(s) of Bitcoin, using the pseudonym Satoshi Nakamoto, authored the Bitcoin white paper in 2008, which introduced the world to this groundbreaking digital currency. Despite being recognized as the creator of Bitcoin, the true identity of Satoshi Nakamoto remains a mystery. The impact of Satoshi Nakamoto's contributions to the development of Bitcoin and blockchain technology cannot be overstated. In the Bitcoin white paper, a decentralized peer-to-peer electronic cash system was proposed, allowing for secure and anonymous transactions without intermediaries like banks or payment processors. The use of blockchain technology, a distributed ledger system that enables secure and transparent record-keeping, made this vision a reality. Satoshi Nakamoto envisioned a decentralized digital currency that could facilitate peer-to-peer transactions without the need for a central authority. Today, Bitcoin is the world's largest cryptocurrency by market capitalization and has sparked the emergence of various other cryptocurrencies and blockchain-based applications. To read the full story, click on "Birth of Bitcoin" on Coinpedia.
Unmasking Forex Scammers: Step-by-Step Guide to Reporting and Stopping Them in Their Tracks
Forex, short for foreign exchange, is the largest financial market in the world, with an average daily trading volume of over $5 trillion. It's no surprise that this massive industry attracts many scammers looking to make a quick buck off unsuspecting traders. Forex scams come in many forms, from fake trading platforms to Ponzi schemes promising high returns with no risk. These scammers prey on people's desire to make money quickly and easily, and unfortunately, many fall victim to their tactics. However, there are steps you can take to protect yourself and stop these scammers in their tracks. In this article, we'll walk you through the process of reporting forex scams and taking legal action against them. Step 1: Recognize the Signs of a Forex Scam The first step in stopping forex scammers is to recognize the signs of a scam. Here are some common red flags to watch out for: · Promises of guaranteed returns: No legitimate forex broker or trader can guarantee returns. If someone is promising you high returns with no risk, it's likely a scam. · Lack of transparency: Legitimate brokers and traders will be transparent about their trading strategies and fees. If someone is being evasive or vague, it's a sign that they're hiding something. · Pressure to invest quickly: Scammers often use high-pressure tactics to get people to invest quickly without taking the time to research or think it through. · Unrealistic profits: If someone is promising returns that seem too good to be true, they probably are. Forex trading carries risk, and no one can predict the market with 100% accuracy. · Unregulated brokers: Always make sure you're dealing with a regulated broker. Regulated brokers are required to follow certain rules and regulations to protect their clients. Step 2: Report the Scam to the Relevant Authorities If you believe you've been a victim of a forex scam, the first thing you should do is report it to the relevant authorities. Here are some organizations you can contact: · The Commodity Futures Trading Commission (CFTC): The CFTC is a US government agency that regulates commodity and futures markets, including forex trading. You can file a complaint with them online or by phone. · The National Futures Association (NFA): The NFA is a self-regulatory organization for the futures industry in the US. They have a program for filing complaints against forex brokers and traders. · The Financial Conduct Authority (FCA): The FCA is a UK regulatory body that oversees financial markets, including forex trading. You can report a forex scam to them online. · The Australian Securities and Investments Commission (ASIC): The ASIC is an Australian government agency that regulates financial markets. You can report a forex scam to them online. Step 3: Gather Evidence When reporting a forex scam, it's important to have evidence to support your claims. Here are some things you should gather: · Communications: Save any emails, chat logs, or other communication you've had with the scammer. · Account statements: If you've invested money with the scammer, gather any account statements or transaction records. · Screenshots: Take screenshots of any websites, social media profiles, or other online content related to the scam. · Other documentation: Any other documentation that supports your claims, such as marketing materials or contracts. Step 4: Consult with a Lawyer If you've lost money to a forex scam, you may be able to recover your losses through legal action. Consult with a lawyer who specializes in forex scams to see if you have a case. Your lawyer can help you gather evidence, file a complaint with the relevant authorities, and pursue legal action against the scammer. They can also advise you on the best course of action based on your individual situation. In conclusion, Forex scams are a prevalent problem in the financial world, and it is crucial to identify and report them promptly. By following the step-by-step guide outlined in this article, you can take actionable steps to protect yourself and others from these fraudulent schemes. Remember, reporting suspicious activity is crucial to stopping scammers in their tracks and protecting the integrity of the Forex market. For more information and news on global finance and economics, visit International Releases at https://internationalreleases.com/. Stay informed, stay vigilant, and together we can put a stop to Forex scams.
Why Crypto Trades 24/7?
The cryptocurrency market is unique because it operates 24 hours a day, seven days a week, unlike traditional stock markets that close on weekends and holidays. This non-stop trading has created a significant buzz in the finance industry, and investors are curious about why the crypto market trades 24/7. At Kings Charts, we asked around our crypto trading experts about why crypto markets are open 24/7 and they provided us with the following reasoning. We hope it helps you understand the market mechanism. Why Crypto Trades 24/7 One of the primary reasons for 24/7 trading in cryptocurrencies is that the market is global, and different time zones operate at different times. Since there is no centralized governing body in the cryptocurrency market, it is left to the individual exchanges to operate 24/7. With different countries around the world buying and selling cryptocurrencies, there is always an open market for trading. Another reason for 24/7 trading is that cryptocurrencies are not tied to any specific asset or commodity. Traditional markets often close on weekends and holidays because the assets traded in those markets are only available for trading during specific hours. In contrast, cryptocurrencies are entirely digital, and trading can occur at any time, anywhere in the world, as long as there is an internet connection. Lastly, cryptocurrency trading platforms like to offer 24/7 trading to cater to the needs of their customers. In today's fast-paced world, investors want to have access to their investments at all times. By offering non-stop trading as a result of crypto technical analysis, cryptocurrency exchanges can provide their users with the ability to buy and sell cryptocurrencies at any time. If you're feeling lost on where to start or seeking guidance through the process, Kings Charts is the perfect platform for you. We aim to provide a smooth and profitable trading experience, offering a range of tools and resources, such as our Crypto Trading Course, Elliott Wave Crypto Trading, Fibonacci retracement in crypto trading, and other useful crypto trading tips and tricks. Frequently Asked Questions Why can you trade crypto 24/7? Crypto trades 24/7 because the cryptocurrency market is global and decentralized, and different time zones operate at different times. Cryptocurrencies are also not tied to any specific asset, and trading can occur at any time, anywhere in the world, as long as there is an internet connection. What is the best time for crypto trading? There is no one "best" time for crypto trading since the market operates 24/7, and different cryptocurrencies have their own unique market behaviors. However, investors can benefit from monitoring market trends and news to make informed trading decisions. What time of day is crypto highest? Cryptocurrency trading volume fluctuates throughout the day, and there is no specific time of day when the market is highest. Market movements can be influenced by a variety of factors, including global news events and announcements from individual companies or exchanges. It is important for investors to stay up-to-date with market trends and news to make informed trading decisions. Conclusion In conclusion, the cryptocurrency market trades 24/7 because it is a global market, not tied to any specific asset, and provides round-the-clock access to investors. The non-stop trading in the cryptocurrency market has provided a significant boost to the finance industry, making cryptocurrencies more accessible and attractive to a broader range of investors. As the crypto market continues to grow, we can expect to see more investors taking advantage of the market's 24/7 trading opportunities. Whether you're an amateur looking for crypto trading tips for beginners, or in need of guidance by a Crypto Trading Expert, King's Charts is there to offer all the help.