1. Teacher with single

First build up your personal image, become an expert at buying low and selling high, and charge you a group fee. This is the first wave of cutting leeks.

The second wave recommends unknown small currencies. They have been lying in ambush for a long time and are asking you to carry the sedan chair. Or some currencies are made by themselves. After all, the cost of issuing a currency is only a few dozen yuan now.

Later you find out that most of these groups are directed and acted by this teacher himself, with only a few of you as real people. Now this market is very mature, and there are special teams to attract people and build popularity.

The way to prevent it is very simple. 99.9% of the teachers who take orders are scammers. The 0.1% who can make money don’t have the time, and they don’t care about you who are just doing this.

Go and ask your teacher if he dares to open a real trade.

What? Afraid of being copied? Then you can set up hidden positions.

2. Crowdfunded

After gaining some fame, he posted his profit orders in the group every day.

I know you didn't believe it at first, but people's mood is like the moon, waxing and waning. When the market is bad, you lose money every day, and are stimulated by their profitable orders, and your IQ drops directly to zero.

Go ahead and do it, but he tells you that he doesn’t take orders, but he can raise funds through crowdfunding.

After the fund raising was successful, the account was liquidated (not sure whether it was true or not), and the person disappeared. I went to GA to report the case to the police, but the police said that there was no RMB transaction (it was converted to U at the beginning), and they would not accept the case, or said that this was a commissioned investment, and the loss was not illegal.

Later, you discovered that he changed his name and continued to deceive people. After observing for a long time, you found that the profitable orders were often double-opening hedging orders.

3. Substitute

The secondary market is too difficult to play. Someone in the group knows a certain project party and acts as an agent for investment, and lists a series of glorious deeds in the past.

Well, the project is a real project, but the investor is not reliable.

After getting the money, Xing disappeared without a trace.

4. Moving bricks in the Telegram group

You find yourself being pulled into some groups for no apparent reason.

The group is quite large, with thousands of people, and it is quite lively. The chats are quite normal, but in the end the topic is to keep working and earn money slowly.

The arbitrage process is nothing more than depositing ETH into an account, and the account will return HT (now BNB) to you, and you can earn 5%-15% on each order.

You try to deposit 0.1 ETH, and you are really given BNB. You also try to rush into the exchange to sell, and the currency standard really increases a bit. Believe me, in this case, basically no one will terminate the operation.

I continued to add more money, but found that BNB was not deposited as expected. I asked the group owner why. The group owner told me that the contract was stuck and I needed to deposit more money.

I scored twice, but after the game, I found out I was kicked out of the group.

Later you find out that all the people chatting there are robots.

The way to prevent this is also very simple. On the one hand, change the permissions in the Telegram settings to only allow friends to add you to the group. There are really countless scammers in the Telegram group. On the other hand, I don’t believe that pie will fall from the sky. If you are not related to me, why would you tell a stranger on the Internet about such an easy way to make money? He has no parents, no brothers or sisters?

5. Fake U

Outside the venue, I met someone who claimed that he didn't play, but sold U at a low price. You bought some, and your wallet really received U.

The price was cheap and the opportunity was not to be missed, so I added funds to buy a large amount of U. In the end, I found out that they were fake U and could not be recharged to the exchange.

It’s simple to avoid over-the-counter transactions.

6. Loss of eating customers

Some small exchanges will inflict high customer losses, causing many people to desperately recommend their exchanges.

Customer loss, as the name suggests, the more you lose, the more the recommender and the exchange earn.

He will transform into your spiritual counselor, give you confidence, let you trust your intuition, leverage bigger and bigger, and finally be killed in the last wave.

7. Fake Exchanges

There is nothing much to say about this. It was also recommended by a group member. You can deposit money into it and trade, but you cannot withdraw cash.

To withdraw cash, you need to top up money again and increase your VIP level, which is a secondary scam.

The way to avoid it is very simple. First of all, don’t play with unknown exchanges. When Binance first came out, I was cautious about it. Secondly, when downloading apps, you must download them through official channels.

8. Fake Wallets

The URLs are similar, the logos are similar, and the names are similar.

But it is still a fake product. Fake is always fake. Even if you deposit coins into it, you can never get them out.

The way to prevent it is very simple. Make sure to check the genuine wallet website and do not download wallets from other websites at will.

I am Kimi. Today’s sharing ends here. If you want to read the next news, please follow Kimi.