Cryptocurrency Fraud Prevention Guide: Avoid These 6 Pitfalls at All Costs!

Recently, people keep asking me: "Is this project a scam? Can I recover my money?"

While losing money in the crypto world may be inevitable, being scammed is truly unfair! Today’s fraud prevention guide is a must-read for novice friends!

1. Pixiu Scheme: The "Gold-Swallowing Beast" that only takes in! Have you heard of Pixiu? It only eats and never spits!

Scammers will mislead you: "This is a new coin, it's about to go on Binance! It can increase 100 times!" You won't be able to find these coins, and the exchange is just their own "fake platform". Once you buy in, your money will be gone.

2. "Acquaintance" leads you to make big money? Don’t believe it! Suddenly someone in the WeChat group gets close to you, chatting about trivial matters, and a few days later claims to have discovered a "hundredfold coin" that will make you rich.

Don’t be tempted! You can customize fake tokens for a few hundred yuan on Taobao, and backend data can be altered at will. Once you invest real money, just wait for total loss!

3. Low-priced USDT arbitrage? There’s no such thing as free lunch! Someone recommends a website to you, claiming that USDT here is super cheap, and you can buy and then sell at an exchange for a profit.

This "black U" scam initially uses small transactions to give you a taste of profit, but when you invest a large amount, they will run away with your money.

4. Wallet Authorization Trap: Your money could disappear in an instant. Scammers, under the guise of "high commission arbitrage," will have you buy USDT on the exchange, transfer it to your wallet and then to them, claiming you need to pay the commission first. Once you transfer, they send you a link to authorize your wallet—once authorized, your wallet will be emptied immediately!

5. Fake Official Messages: Don’t click! Don’t believe! After stealing your account, scammers send fake messages and advertisements from your social account. If you see a strange link sent from "official," don’t click it!

6. Rogue Exchanges: The data is all fake! A stranger messages you, recommending a "new exchange," claiming small coins have surged 500%, with big names promoting it? It’s all a lie! These platforms cheat you by altering backend data to lure you in, and once you invest, you could lose everything in minutes.

Some people fantasize about getting rich overnight, thinking they have discovered the "secret to making money." But the reality is: while you are focused on others' profits, others are focused on your principal!

#MichaelSaylor暗示增持BTC

#策略交易

@Angel Follow me to navigate through the bull and bear markets and take control of your wealth!