1/6
⚠️Telegram Scam Groups⚠️
They create a Telegram and get as many people as possible to turn it into a community
Then they start pumping Low Caps
They will invest 1st, and then market it a LOT (Like @TheMoonCarl does with Kasta...) and then people start to invest on its ICO
⚠️Telegram Scam Groups⚠️
They create a Telegram and get as many people as possible to turn it into a community
Then they start pumping Low Caps
They will invest 1st, and then market it a LOT (Like @TheMoonCarl does with Kasta...) and then people start to invest on its ICO
2/6
Price goes up, and more noobs invest.
I can be wrong but i believe $VPAD can be a prime example of this process.
They will tell you the potential is 100x (so you aim for maybe 20 to 30x).
Then it doubles it's price and they market it harder so more people FOMO.
Price goes up, and more noobs invest.
I can be wrong but i believe $VPAD can be a prime example of this process.
They will tell you the potential is 100x (so you aim for maybe 20 to 30x).
Then it doubles it's price and they market it harder so more people FOMO.
3/6
They start selling and using some of the profit (stolen...) to promote it even harder.
They finally get out of the coin using you as liquidity (Every buyer needs a seller and every seller needs a buyer).
They start selling and using some of the profit (stolen...) to promote it even harder.
They finally get out of the coin using you as liquidity (Every buyer needs a seller and every seller needs a buyer).
4/6
They will tell you to HODL the coin because it is "just a correction"
It will not go back up and you'll still be holding the bag...
That's basically it.
Some scammers are smarter and took their time building a community to then use their members to make BIG $
They will tell you to HODL the coin because it is "just a correction"
It will not go back up and you'll still be holding the bag...
That's basically it.
Some scammers are smarter and took their time building a community to then use their members to make BIG $
5/6
For what i've seen, 95% of all influencers on CT are somehow scamming their followers.
Yes, 95 in every 100.
Never accept anything free, and try not to blindly follow small cap calls.
Some communities are BIG with VERY dumb investors that actually know 0.
For what i've seen, 95% of all influencers on CT are somehow scamming their followers.
Yes, 95 in every 100.
Never accept anything free, and try not to blindly follow small cap calls.
Some communities are BIG with VERY dumb investors that actually know 0.
6/6
Influencers promoting these projects without caring of the negative impact it'll have on their followers.
As long as they get paid...
Be Real and people won't pay much attention.
Be Fake and people will FOMO follow like a 🐑
#Bitcoin & 🧘♂️
Influencers promoting these projects without caring of the negative impact it'll have on their followers.
As long as they get paid...
Be Real and people won't pay much attention.
Be Fake and people will FOMO follow like a 🐑
#Bitcoin & 🧘♂️
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