The Truth About 'High Profits' in the Crypto World! A Must-Read Guide for Newcomers to Avoid Losses 💥 5 Major Hidden Tricks Used by Digital Currency Platforms to Make Money (Personal Experience Summary)
1. High-Yield Trap: Staking/ Lending
Trick: Attracting newcomers to deposit coins with 'annual returns of 5%-15%', but the actual lock-up period is long, and when the coin price crashes, all gains are lost 59.
Truth: The returns come from the issuance of platform tokens, essentially 'using your money to sustain the platform ecosystem'!
2. Leveraged Contracts 'Overnight Loss'
Trick: The homepage aggressively promotes 'hundred times leverage', while hiding the forced liquidation mechanism. Newbies don't understand take-profit and stop-loss, leading to liquidation in minutes 911.
Truth: The platform makes a profit from fees and liquidation price differences, while users become the fodder!
3. False Arbitrage: Price Differences Across Exchanges
Trick: Promoting 'risk-free arbitrage', but in reality, it requires high-frequency trading, and the price difference disappears in an instant, making it impossible for ordinary people to keep up 810.
Truth: Arbitrage bots have monopolized the market; retail investors are just picking up the pieces!
4. Referral Commission 'Recruiting'
Trick: 'Invite friends for a 20% commission' seems like easy money, but it actually requires you to develop downlines, essentially a pyramid scheme 711.
Truth: Can't recruit anyone? The commission discounts are just the platform's way of transferring money from one hand to the other!
5. Pump and Dump of Air Tokens
Trick: Platforms list low-cap tokens, manipulators pump prices to attract followers, then sell at high points, leading users to lose everything 310.
Truth: Exchanges and project teams collude to split profits, with retail investors left to foot the bill!
🚨 Pitfall Avoidance Guide: Survival Rules in the Crypto World
Beware of 'Guaranteed Profit' Phrases: Anything claiming 'risk-free high returns' is a trap!
Reject Leveraged Contracts: Newbies don't even understand spot trading; stay away from derivatives!
Verify Token Background: Check market cap, team, and community activity on CoinMarketCap; blacklist tokens with no information!
Small Initial Investment: Invest no more than 5% of your total assets, and if you lose, it won't affect your life 911.
Withdraw to Cold Wallets: Exchanges are just transit stations; store large assets in hardware wallets to prevent loss!
💡 Truly Reliable Ways to Earn Crypto (Low-Risk Version)
Regular Investment in Mainstream Coins: Invest 5% of your monthly salary in BTC/ETH, the most stable approach through bull and bear markets 11.
Grid Trading: Use low-leverage grids (3%-5% range) during volatile markets to earn small profits 8.
