@CryptoBullet1 I agree with this, a higher low is very possible.
Unless something crazy happens and market makes a god candle to 100k
anyway, next higher-low is new entry opportunity.
Scammers found a way to make people drain their own wallets without sending them a phishing link.
They uploaded YouTube tutorials showing people how to build an AI crypto trading bot with Claude.
People followed the tutorial themselves.
Copied the code.
Deployed the smart contract themselves.
Funded it from their own wallets.
And approved every transaction themselves.
Except the “trading bot” had no trading logic.
It was built to send their ETH straight to the scammers.
224 wallets lost 274.6 ETH, worth about $517,000 when it was stolen.
The median victim lost 1 ETH.
Some victims even got an error after getting drained telling them to deposit another 50% to fix the bot.
They literally got people to build, fund and approve their own wallet drainer.
You've got to be very careful this days
The people I know who've never been scammed in crypto all pretty much have these habits:
1. They use a separate laptop or phone to interact with crypto sites
2. They don't keep all their tokens in one wallet (or on multiple wallets with the same seedphrase)
3. They have stronger security for their most valuable wallets than their day to day trading wallets
Often, that's using hardware wallets or it's multisig/MPC wallets
4. They bookmark their favorite crypto sites instead of relying on Google to find them
5. They never trust an email or DM. They go directly to the source when they need to do something, not externally presented links
6. They revoke their approvals on EVM chains using tools like Revoke Cash or Etherscan
6. They do their own research on protocols and don't blindly deposit funds into untested protocols
7. They double check the addresses they send to, and don't copy/paste wallet addresses from Blockscanners
FINALLY, 8. they take their time when transacting and do it when they're at their best.
They don't rush, or transact while drinking, or under the influence of drugs or when they're tired.
Staying safe in crypto doesn't have to be complicated. You just have to be consistent and do what works.
@EthanDeFi_ Thanks for writing these posts every now and then, please also consider writing about pendle/exponent token, and which ones are considered safest.