In squares, social media, or cryptocurrency-related forums, there are often sudden appearances of some fake accounts, which hide carefully designed scams that are difficult to guard against.
When many people first enter the cryptocurrency world, they often have this experience: randomly encountering someone on social media who posts daily about their virtual currency investment gains. Their profits are astonishingly high, and the screenshots they share are filled with enticing numbers that easily catch the attention of newcomers. Then, they will actively start a conversation, enthusiastically expressing their desire to help you make money, confidently promising that you can profit easily in the cryptocurrency world, and some even guarantee a certain percentage of compensation, summarizing the word 'scammer' as 'disgusting'.
Once you are persuaded, they will instruct you to operate, directing you to recharge on various trading platforms and opening positions according to their instructions. However, the positions they recommend are often extremely risky and unreasonable. Once the trades yield results and profits are made, they will immediately jump out, claiming that it was all due to their wise guidance, demanding 20% - 30% of the profit share; but if there are losses, they will find all sorts of excuses, such as complaining that your principal was too low to withstand market fluctuations, and they might even deceitfully share a screenshot claiming they managed to hold on and profit to prove that it wasn't their strategy that had issues.
Nowadays, these scammers' tactics are even more cunning and diverse. They will establish multiple groups at the same time, suggesting to 'go long' in some groups and 'go short' in others. Whichever side predicts correctly will extract a 30% profit share from the investors on that side; while the group that leads to losses for investors will be directly dissolved, disappearing without a trace, only to come back under a different identity. Some scammers also use the guise of 'one-on-one guidance' to employ the same tactics to defraud. Once exposed or if problems occur, they will simply re-register accounts and continue to lure in the next batch of victims online.
Don't underestimate the huge profits behind these shares. Recently, on Douyin, there was a scammer who learned about the laws they had violated through online legal consultations and easily made over a million in illegal profits in a short period, only for some big investors to catch on later. Cryptocurrency investment itself is full of risks, and with these ever-emerging scam tactics, investors must remain highly alert and should not easily trust strangers' 'money-making secrets' to avoid financial losses; they should observe, research, and analyze more.
