Friendtech has been gaining attention lately, but before you jump on the bandwagon, it’s crucial to consider some red flags. According to Kara Szabo, a well-known trader, there are several reasons why joining Friendtech may not be in your best interest:
What you'll learn 👉
Reasons Not to Join Friendtech:
1️⃣ Grift for Influencers
- Monetization Over Community: Friendtech appears to be less about building a community and more about enabling CT influencers to monetize their following. This raises questions about the platform’s true purpose and the value it offers to ordinary users.
- Unequal Benefits: The primary beneficiaries seem to be the influencers themselves, who can profit substantially, while their followers may not see the same level of returns or benefits.
2️⃣ Paid Group Masquerade
- Hidden Costs: While Friendtech may not explicitly charge for membership, the promise of exclusive “alpha” or insights to its holders is a red flag. This is often a tactic used to lure people into paid groups, warns Kara Szabo.
- Questionable Value: The so-called “alpha” offered is often recycled or generic information that can be found freely elsewhere, making the cost of entry unjustifiable.
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Show more +3️⃣ Privacy Concerns
- Data Security: The app’s privacy measures are questionable at best. Given that it’s run by CT members, there’s a heightened risk of data mishandling or leaks.
- Risk of Doxxing: The platform’s operators have access to sensitive user data, which could be used maliciously to reveal your identity online, a practice known as doxxing.
Before making any decisions, it’s crucial to conduct your own research and consider expert opinions like those of Kara Szabo. Given these points, potential users should approach Friendtech with caution.
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