"Algorithmic Website Scams: Fact or Fiction?"

[Earic]

Title: Algorithmic Website Scams: Fact or Fiction?

Hey all, I was browsing a new altcoin on Reddit the other day and stumbled upon some shady claims being made by the devs about their "cutting-edge" algorithmic website that's supposed to guarantee huge returns. I've heard rumors that this "algorithm" is just a fancy word for "scam", but I'm not convinced. Has anyone else come across these types of claims?

 

[satukdg]

"Been there, done that. Algorithmic website scams are sadly all too real. I had to fork over some crypto to some shady site that claimed to be 'revolutionizing' decentralized finance - turned out it was just a phishing attempt"

 

[Ange1]

"Dude, algorithmic website scams are real. I recently got hit by one where they used a fancy algo to make their website seem legit, but it was just a front for a phishing scam. We gotta stay vigilant, folks, 'cause these scammers are getting more sophisticated by the day"

 

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