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Why Timeshares Still Thrive Despite Their Scammy Reputation
The Wall Street Journal· 2025-08-21 16:00
Industry Overview - The timeshare industry is a $35.7 billion industry undergoing rebranding as vacation clubs to attract younger demographics [1] - Despite changes, the industry still faces fundamental issues [1] - Timeshares are generally considered a poor investment and attract scammers [2] Business Model Evolution - Timeshare companies integrate multiple businesses: developers, banks, resort managers, and hotel management [4] - The industry has capitalized on the popularity of vacation rentals, similar to Airbnb [4] - A shift towards points-based systems, resembling frequent flyer miles, offers flexibility in booking stays [5] Sales and Reputation - Large timeshare companies adhere to brand standards, reducing unethical sales tactics [7] - Reselling timeshares is challenging due to annual fees, making them a liability [8] - An industry exists to help owners exit timeshares, but some companies are fraudulent [9] Profitability - Timeshare companies profit from new buyers, loans, and annual fees, not from providing returns to owners [10] - Companies gain control through points-based systems and can rent out unused rooms [6] - Consolidation and licensing agreements with reputable brands have helped improve the industry's image [6]
X @Wu Blockchain
Wu Blockchain· 2025-08-21 14:18
Binance: Scammers are sending fake SMS messages pretending to be from Binance. They want to trick you by saying your account is “at risk” and make you call fake support telephone numbers or click dangerous links. Binance will never reach out directly via SMS or phone calls. If you receive such messages, they are almost certainly scams. ...
X @Bitget Wallet 🩵
Bitget Wallet 🩵· 2025-08-21 04:30
Hide risky tokens!✨ That shiny new token that "appeared" in your wallet? Probably a trap designed to take your crypto.❌ Drainers, hidden taxes, fake approvals… one click and it's all gone.Hide them: Out of sight, out of mind = Bags are safe 🙈 https://t.co/zTinFuHxtt ...
X @Phantom
Phantom· 2025-08-20 22:09
Safety & Security - The company prioritizes user safety [1] - The company actively identifies and flags scams [1] - The company encourages users to trade with confidence on its platform [1]
X @CoinMarketCap
CoinMarketCap· 2025-08-19 06:00
Security Alert - CoinMarketCap warns users about scammers impersonating their members [1] - CoinMarketCap does NOT have a phone number and will NEVER call users [1] - Users should always contact CMC-CS for verification when in doubt [1]
Bitcoin & Crypto Liquidations. Peace Talks & This Time It's Different. Not Really.
Digital Asset News· 2025-08-18 22:16
Market Overview & Investment Philosophy - The crypto market is considered fragile in the short term, but Bitcoin and crypto are believed to be inevitable in the long run [1] - Advocates a diversified approach to crypto storage for security [1] - Emphasizes the importance of avoiding scams and conducting thorough research (source it) in the crypto space [1] Trading & Investment Strategies - Highlights the use of Dynamic DCA'ing (Dollar-Cost Averaging) as an investment strategy [1] - Discusses strategies for profit-taking, including the "Half & Half Method" for new/early cryptos [1] - Recommends beating the spread on exchanges to maximize profits [1] Platform & Tool Recommendations - Recommends Kraken exchange and offers a $25 sign-up bonus [1] - Suggests Tangem cold storage wallet for secure crypto storage, offering a 10% discount [1] - Promotes CoinLedger crypto tax software with a 20% discount and a free portfolio tracker [1] Risk Management & Security - Warns against A I scams in the crypto space [1] - Stresses the importance of keeping seeds and passwords safe, recommending StoneBook for secure storage with a 20% discount [1] - Advises users to be cautious of scam messages, DMs, or emails [1] Educational Resources - Provides links to various YouTube videos covering crypto essentials, rules, and strategies [1] - Offers access to a simplified crypto education website (danteachescrypto com) [1] - Recommends Ben's Into The Cryptoverse site for on-chain, macro, and strategy analysis, offering a 10% discount on the first month [1]
X @BitMart
BitMart· 2025-08-15 04:53
⚠️ Beware of Scams!Recently, we’ve spotted fake BitMart websites pretending to be official.Stay alert and avoid using fraudulent platforms. ✅Here’s how to keep yourself safe:1️⃣ Always double-check the correct URL: https://t.co/xsPrlSx0lp2️⃣ Access BitMart only via links from our official homepage3️⃣ Bookmark the correct URL and use it directly from your browser🔒 BitMart reminds everyone — stay vigilant & stop scams together! 🚫 ...