The hackers are 'cloud-raising' rumors on Twitter; a minute of rumor can be worth ten years for the retail investors!
The Paraguay President's account got hacked, damn it! A typical 'scam' playing dirty! The hackers really know how to pick their timing, targets, and messages! They directly turned Paraguay's leader's Twitter into a 'coin machine', throwing out a message that 'Bitcoin has become legal tender!' If this news is true, then what? The global crypto community would explode!
At that moment, the group and channel exploded! Some people really rushed in like they were on adrenaline! Guess what, brother? Bitcoin's price shot up! Almost a 10% increase in no time! Fast as a firecracker! We've all been through May 19, we know how insane this kind of violent surge can be! I was thinking, 'Paraguay? Legal tender? This is too much, right?' Then, the 'refutation' came like a fire extinguisher, splashing cold water on the price, dropping it faster than it rose! That K-line chart looked like a long, thin 'needle' (the spike), specifically targeting those brothers who rushed in with high leverage! In just a few minutes, how many people’s accounts went 'bang' - blown up! They lost everything! This wave of hackers is really something, just here 'cloud-cutting retail investors'!
My personal opinion:
Scammers never sleep! Whether it's a local dog project or hackers stealing accounts, the combo of 'pump - shout out to lure you in - dump' never changes! This time it's just a 'national-level streamer' making the call!
The market is still a 'news market', extremely fragile! A piece of fake news can shake the entire community, what does that show? It shows that everyone is uncertain! Panic and greed can be easily triggered, like a powder keg. Those quantitative trading bots are also accomplices; they react faster than anyone to a spark!
You really can't trust Twitter (X)! No matter whose blue check it is, it can crash at any time! Official refutations are just too late! In the future, when you see such shocking news, my advice is: don’t hit that contract button yet! Quickly check the official announcement! Verify with mainstream media! Being a bit slow is better than losing everything!
The hackers are getting more sophisticated! They're not just eyeing the meager coins in your account anymore; they're focused on the trading volume and fees you contribute after believing them! And your greed-blinded heart!
In the long run, this is just desensitizing everyone! The more people get scammed and hurt, the next time they see 'the president endorsing Bitcoin as legal tender', will your first reaction be excitement? Or a cold laugh, 'Which unlucky account got hacked this time?' If the market wants to mature, it seems this kind of tuition fee is unavoidable!
Brothers! How do you feel about this? Did you dodge this 'needle' or unfortunately become a 'soul under the needle'? Let's chat about your thrilling moments in the comments! Or more brutally - who do you think the hackers will target next? Biden? Or will Musk himself step in? Should we set up a 'prevention alert' in advance? Hit follow, and next time I'll expose those outrageous scams that had 'celebrities backing them'! See you in the comments! Waiting for you to chat in the live stream!