This space is dominated by wolves disguised as sheep.
Even the accounts you trust the most might do tricky games with you.
๐๐ฒ๐ฟ๐ฒ ๐ฎ๐ฟ๐ฒ ๐ฑ ๐๐ฐ๐ฎ๐บ๐บ๐ถ๐ป๐ด ๐ฝ๐ฎ๐๐๐ฒ๐ฟ๐ป๐ ๐ ๐ฟ๐ฒ๐ฐ๐ผ๐ด๐ป๐ถ๐๐ฒ๐ฑ ๐ฑ๐๐ฟ๐ถ๐ป๐ด ๐๐ต๐ถ๐ ๐ฝ๐ฒ๐ฟ๐ถ๐ผ๐ฑ: (this will help you to understand who is your friend and who is using you as exit liquidity)
๐ญ. ๐๐ถ๐๐ ๐๐๐ฝ๐ฒ
Did you notice that most accounts constantly create lists with tickers of coins?
โThese are the next 10/20/50x:โ
โข Coin A ~> X10
โข Coin B ~> X20
โข Coin C ~> X50
โI have you X coin and it went to X priceโ
This โcontent methodologyโ has 2 main purposes:
โข Create engagement (leveraging people's emotions and expectations)
โข Add undisclosed paid shillings that โforceโ followers to buy those coins
This is a very classic method mostly utilized by accounts that have nothing to say and want to disguise themselves as โexpertsโ.
Easy to spot a scammer.
๐ฎ. ๐ง๐ฟ๐ฎ๐ฑ๐ถ๐๐ถ๐ผ๐ป๐ฎ๐น ๐ฒ๐ ๐ฝ๐ผ๐๐๐ฟ๐ฒ
This is something we have already seen and nothing innovative, right?
The procedure, for those who don't know, is the following one:
โข Get paid from the project (in tokens) without disclosing the payment
โข Quote the projectโs post
โข Tag the ticker and insert some bullish expectations to trigger an emotional response
โข Dump the token on the head of your followers
An old technique that still continues to work perfectly.
๐ฏ. ๐ก๐ฎ๐ฟ๐ฟ๐ฎ๐๐ถ๐๐ฒ ๐๐ต๐ฟ๐ฒ๐ฎ๐ฑ
With the bull market, new narratives emerge from time to time.
This creates the perfect environment for scammers to scam even more.
Here is how this works:
โข Create a cover for the post with โ20x/50x/100xโ to attract retailsโeye
โข Make a catchy title regarding the narrative adding: โThese are the coins that will make you rich/will go ballisticโ
โข Insert all the tickers of the coin from the projects that paid you
โข Donโt disclose anything of course
Hint: most of these accounts are repetitive and you'll find the same writing methodology from post to post
๐ฐ. ๐ง๐ฟ๐ฎ๐ฑ๐ถ๐ป๐ด ๐ฝ๐ผ๐๐๐
Oh, this is something utilized by those who pose as โgenuineโ because it doesn't seem so scammy at first eye.
The footprint is similar to the previous techniques:
โข Get paid from a project in token
โข Make some technical analysis by posting a chart telling it's likely gonna rocket
โข When it soars, claim you bought the bottom and many plenty of Xs
โข People will perceive you as a guru
โข Repeat
โBut bro, many people chart coins, even you..is everyone a paid shiller then?โ
Hint: you'll find โconfluencesโ across accounts, meaning that you'll see the same coins โcasuallyโ and constantly shilled at the same moment.
Those are no coincidences.
๐ฑ. ๐๐ป๐ป๐ผ๐๐ป๐ฐ๐ฒ๐บ๐ฒ๐ป๐ ๐๐๐๐น๐ฒ
Ah, the โSteve Jobs syndromeโ ready to announce a new Apple product:
โข Get paid from a project
โข Announce that you found โa hidden gemโ
(this will make sure you'll leverage peopleโs hype)
โข Make the coin public and wait for followers to buy it
โข Token rises and claim that you're a โgem hunterโ
Hint: these are usually micro caps (because projects pay for exposure)
~ Short take ~
Fix it in your mind: 90% of crypto accounts don't want your good.
There are a lot of fakes in this space and I can guarantee you that many of them will read this post and continue their with shady techniques, because they care zero.
But the worst are the ones that make you believe theyโre real and your "friends" also because they โbalanceโ undisclosed paid shills with some disclosures, making more difficult for the average guy to recognize these accounts.
I could make a brutal list exposing these liars, but I'm not here searching for war wasting my time.
I'm here to make you aware raising your attention.
Share this post if you think it can help your friends and want to make it recognizable.
Aisatsu.
Being hacked is the worst. I've been there! ๐
When I stumbled upon @jkrdoc tweet, I couldn't resist reaching out
Now, in this thread, I'll reveal:
- what I uncovered about his drained wallet
- where the funds went
- crucial lesson we all need to learn
1/
~ ๐ป๐ถ๐ป๐จ๐ณ 2 ๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐๐ ~
Calm down, you don't need to flip-flop your capital at each movement.
This macro perspective helps you to visualize the situation in a better manner.
โข The average bear market lasts approximately 750 days (less or more), including the accumulation range.
Altcoins spend therefore most of their lifetime down or sideways rather than up.
In fact, the expansion stage that we have after breaking the range high lasts way less than accumulation and proportionally less than the previous expansion, also due to diminishing returns.
That's why having good timing can truly make the difference.
It's crystal clear that we're in a macro range of accumulation, and until we break it by making solid closures above, your plan it's very easy:
Buy spot and chill paying attention to the range.
Don't be obsessed with this โaltseasonโ thing.
Be calm, rational, but start to plan ๐ต๐ถ๐พ your future exits.
During a full euphoria, it will be totally impossible to do so, and you'll get caught in the hype.
Doing a 10,000 Dollars Giveaway.
Crypto has given me a lot.
Time to give back now.
SHARE this and Comment below.
Will distribute 10K between a few people.
Let's Go ๐๐