Topic: Beware of social media crypto influencers - page 3. (Read 697 times)
The crypto space is a hub for scammers and hackers, this is the major reason why many people are still skeptical about Bitcoin. Many of them thinks that Bitcoin and altcoins are the same, so when they get scammed in a scam project, they'll label all cryptocurrencies as scams. I see a lot of these get rich quick promises on social media, they will hype the project and promise you of unrealistic returns within 24 hours or a few days. Any business that promises you a very huge returns on a very short time should be a red flag for scam, you don't need to invest your money in them. But many people will rather learn the hard way from experience, after they've been scammed of their hard earned money. I always tell newbies that in cryptocurrency that it's only Bitcoin that I can recommend, it's a legit cryptocurrency that doesn't give you false hope of ROI on the short term.
I can share some fundamental educational resources for learning.
https://learnmeabitcoin.com/
https://www.lopp.net/bitcoin-information.html
https://github.com/bitcoinbook/bitcoinbook
https://endthefud.org/
https://www.nobsbitcoin.com/
Enough for a start that is also first step to get rid of influencers' effects on your learning.
https://learnmeabitcoin.com/
https://www.lopp.net/bitcoin-information.html
https://github.com/bitcoinbook/bitcoinbook
https://endthefud.org/
https://www.nobsbitcoin.com/
Enough for a start that is also first step to get rid of influencers' effects on your learning.
These are great platforms/materials to start with but unfortunately most of people that fall victim to such scams are scared of reading. Instead of reading to equipped themselves with useful knowledge, they prefer to be spoonfeed with lies and deceit from influencers and throwing away their resources into mud.
Many influencers do not even know that 5% of the crypto terminology, they don't know how to navigate centralized or decentralized exchange without difficulties, yet they have the greatest number of followers or subscribers. My deepest concern goes to those beginners who are comfortable listening to influencers online. They will fall for these crypto influencers easily.
Honestly, listening to some of them is actually a waste of time. I once listened to one on Twitter space and shake my head after the space wondering if he has people under his couch. I beat my chest that I can publicly challenge him in a debate with little knowledge I have on crypto. I don't know what they really want to achieve portraying themselves as expert while they know nothing. You can not give what you don't have, it's that simple.
Don’t know why crypto scam is more common while using social platform mostly telegram and twitter, twitter is a wide space so everyone should respect their asset first before chasing after little or no gain. We all know crypto scam will never end likewise they’ll always see new victims majority are newbies that’s the main reason they’ll not quit. Just don’t spend on any risky project and don’t trust easily, due to how crypto social influencer behave got me wondering if there’s any genuine influencer.
Yes scams in cryptocurrency world are common on social media platform like Telegram and Twitter. And we know that hese scams mostly target people who do not have much knowledge about cryptocurrency means are new in crypto world or they are looking to make money quickly. To avoid getting scammed I think we should be careful when someone offers us investment opportunity and promise to give big return. We should keep accounts safe with strong passwords. We should always check information with trusted sources and should report suspicious activities which will help others and also learn about cryptocurrency and blockchain. If any offer seems too good to be true it probably is so make sure to protect your money. 
Don’t know why crypto scam is more common while using social platform mostly telegram and twitter, twitter is a wide space so everyone should respect their asset first before chasing after little or no gain. We all know crypto scam will never end likewise they’ll always see new victims majority are newbies that’s the main reason they’ll not quit. Just don’t spend on any risky project and don’t trust easily, due to how crypto social influencer behave got me wondering if there’s any genuine influencer.
---
As seen in the image, the poster include his telegram channel link where he can get advantage of newbies and rekt them of their hard earned money. People still believe that crypto is a quick money scheme because of things like this they see online. It baffled me how people were regretting missing out and ask how to get the next signal under his comment section.
In case, you don't know they are using you to make money for themselves with their pump and dump tokens. There's no shortcut to success. You need to sacrifice your time and learn, don't fall victim for this online scammers portraying themselves as expert traders or whatsoever.
I strike out the sensitive part in the image because some gullible will still want to go after them and give it a trial. Be vigilant out there, please.
There will always, and always be newbies that will try and make money with the shortest amount of time possible and the lowest amount of money they could waste. That's the reality right now when it comes to these newbies that's why they're the perfect target for these scammers or should I say, these misleading crypto influencers online.As seen in the image, the poster include his telegram channel link where he can get advantage of newbies and rekt them of their hard earned money. People still believe that crypto is a quick money scheme because of things like this they see online. It baffled me how people were regretting missing out and ask how to get the next signal under his comment section.
In case, you don't know they are using you to make money for themselves with their pump and dump tokens. There's no shortcut to success. You need to sacrifice your time and learn, don't fall victim for this online scammers portraying themselves as expert traders or whatsoever.
I strike out the sensitive part in the image because some gullible will still want to go after them and give it a trial. Be vigilant out there, please.
It really is disheartening to see newbies losing their money trying to make money in the quickest way possible. I've tried it myself when I tried to join a crypto signal on Telegram, and in the end, I didn't make any money because they will share the signal to me minutes after the coin has pumped already. It's good that I only paid $5 just to join. Imagine those who paid hundreds of even thousands of dollars just to join into these groups hoping that they will make money. I'm not saying that all of these crypto influencers have their own channel where they're sharing the coins that will get pump, but there are some who has.
In general, just don't follow these crypto influencers. You can watch their content as your way of supporting their channel, but please don't buy the coins they're recommending, or don't join into their pump and dump groups or channels. Be vigilant as always.
If anyone claims he knows so well about crypto and is an influence, then I will only want to know about these three things.
1. Ill love to know if he is holding Bitcoin as an investment.
2. A proof (signed message) that he is the legit owner of the said address holding the Bitcoin
3. To know his thoughts towards shitcoins.
Many influencers do not even know that 5% of the crypto terminology, they don't know how to navigate centralized or decentralized exchange without difficulties, yet they have the greatest number of followers or subscribers. My deepest concern goes to those beginners who are comfortable listening to influencers online. They will fall for these crypto influencers easily.
1. Ill love to know if he is holding Bitcoin as an investment.
2. A proof (signed message) that he is the legit owner of the said address holding the Bitcoin
3. To know his thoughts towards shitcoins.
Many influencers do not even know that 5% of the crypto terminology, they don't know how to navigate centralized or decentralized exchange without difficulties, yet they have the greatest number of followers or subscribers. My deepest concern goes to those beginners who are comfortable listening to influencers online. They will fall for these crypto influencers easily.
...In case, you don't know they are using you to make money for themselves with their pump and dump tokens. There's no shortcut to success. You need to sacrifice your time and learn, don't fall victim for this online scammers portraying themselves as expert traders or whatsoever.
You should always remember that you are fully responsible for the safety of your deposit. Accordingly, it is necessary to make a decision on your own, which should be based on your own knowledge and experience.
As a good one, I don't think is good for someone to adopt or abide on the information of trading the person obtain from social media, it's obvious that we have different people whose objectives in cryptocurrency is to scam people, what makes some people to be victims of scam is due to they needed a quick money
You don't need anyone to trade for you, even though you're a novice in trading, just exercise patient and make sure you have understood trading very well, because I know that trading has to do with understanding, and when you don't have the basic knowledge of trading you can not scale true from the business, learning is one of the priorities that will make you to escape from the hands of scammers, do not give attention to anyone who dm you for trading, its obvious the person is a scam.
You don't need anyone to trade for you, even though you're a novice in trading, just exercise patient and make sure you have understood trading very well, because I know that trading has to do with understanding, and when you don't have the basic knowledge of trading you can not scale true from the business, learning is one of the priorities that will make you to escape from the hands of scammers, do not give attention to anyone who dm you for trading, its obvious the person is a scam.
What most of this influencers or users that claim to be guru at trading does is that they first entice you with posts like this and post big wins which may or may not be from them. After they’ve gotten your attention from those posts, you’ll be made to join their group and that’s where the real scamming starts. They may not even give you signal of pump and dump coins, but will make you to pay for their paid signals which most of them will just move the direction a bit and tell tell you to close trades. I have seen a lot of them before and their activities are all the same. The best thing for you should to do is to seek for the knowledge yourself and learn from your mistakes as you move and go up the ladder of success in trading.
I strike out the sensitive part in the image because some gullible will still want to go after them and give it a trial. Be vigilant out there, please.
The image or photo like that by Influencers always show how many are fall on these lousy shitty influencers. I am indeed following some, but only those genuine one qnd not those kind that really making up or maybe copying some of the gains and use on their advantage to lure some newbie.2hrs ago of $149 to that, yeah possible but since it got posted then someonw must have done it or maybe adobe photoshop it lol.
Not all what you will see and what you will hear on social media platforms are not real because some of them are paid to do it or they are planning to scam people off of their hard earned money. By the way, i think it's better if you didn't hide the sensitive part and telegram link as for people to know that they should avoid that link at all cost although there's still people who will try regardless of the consequences. Well, it's still okay even if it's hidden so that greedy people will not see it.
Only those greedy and don't want to learn how the market works are going to be the victims of these potential scams and fake signals or pump-and-dump schemes. Those that think that there's a shortcut on this market and that's through relying on these signals or what these influencers are saying is such a bs. The only one that will benefit from such is the influencer himself while the flock that follows that guy will have to suffer the consequences and that's what they're going to get if they keep on relying on these people that are only there to benefit from their help. That's why do not be too gullible with everything you see on social media, it's only a fancy that many think is possible to happen to them without doing much effort in learning the market.
This is pretty common on social media platforms, I mean there are much worse methods that they are using just to invite someone or use their followers for their own gain, I mean some of the crypto influencers even in my country not really scammers for sure but they are surely making some way to take advantage of there own community. I mean it is going to be a lot easier for them to do some kind of referral things on social media, or probably just to get followers or likes.
Tweet or X for sure is worst platform since there are mostly a lot of scammers and fake post like this one, most common I see is flexing there wallet and telling that they are going to make a some kind of giveaway but end up giving nothing at all since they already gain a huge views on that post.
Tweet or X for sure is worst platform since there are mostly a lot of scammers and fake post like this one, most common I see is flexing there wallet and telling that they are going to make a some kind of giveaway but end up giving nothing at all since they already gain a huge views on that post.
I strike out the sensitive part in the image because some gullible will still want to go after them and give it a trial. Be vigilant out there, please.
I believe that those crypto influencers are paid to do perpetrate and promote the scam tokens which they do on X. I also want to believe that they don't even invest in these tokens which they promote. And if you ever try to correct, expose or point out that whatever they are promoting is wrong, you'll get blocked immediately.
Don't get tricked with the comments because there are so many bots in social medias, in X, these bots even buy blue ticker in order to make people think it's come from legit account.
Even if he's not a scammer, he doing that in order to make his account gets bigger and then he will promote something that only to enrich him.
Whatever the choice, it's wasting time and effort.
Even if he's not a scammer, he doing that in order to make his account gets bigger and then he will promote something that only to enrich him.
Whatever the choice, it's wasting time and effort.
People will need to know about Bitcoin by whatsoever means and social media crypto influencers are one of means for them to be exposed to this market.
It can be good or bad but as a start, it's good. After you knew about existence of Bitcoin and cryptocurrency market, you can do your research on it and reduce your dependence on influencers with time. Do your research, learn with resources you find and if you are lucky enough, you will find a forum, a website that is a source of education for you, like this forum.
I can share some fundamental educational resources for learning.
https://learnmeabitcoin.com/
https://www.lopp.net/bitcoin-information.html
https://github.com/bitcoinbook/bitcoinbook
https://endthefud.org/
https://www.nobsbitcoin.com/
Enough for a start that is also first step to get rid of influencers' effects on your learning.
It can be good or bad but as a start, it's good. After you knew about existence of Bitcoin and cryptocurrency market, you can do your research on it and reduce your dependence on influencers with time. Do your research, learn with resources you find and if you are lucky enough, you will find a forum, a website that is a source of education for you, like this forum.
I can share some fundamental educational resources for learning.
https://learnmeabitcoin.com/
https://www.lopp.net/bitcoin-information.html
https://github.com/bitcoinbook/bitcoinbook
https://endthefud.org/
https://www.nobsbitcoin.com/
Enough for a start that is also first step to get rid of influencers' effects on your learning.
As seen in the image, the poster include his telegram channel link where he can get advantage of newbies and rekt them of their hard earned money. People still believe that crypto is a quick money scheme because of things like this they see online. It baffled me how people were regretting missing out and ask how to get the next signal under his comment section.
First warning is once it’s too good avoid it. I will say this is a type of trading done by degen traders, it is the most risky trading strategy or method in this crypto space, people buy low cap shitcoins most especially the memecoins when they are yet to get to even decentralized exchanges and then they get pumped when it is listed on some exchanges, I can say more than 90% of this tokens are usually going to rug because they are simply pump and dump tokens.
This influencers when they catch one good move them simply hype it on social media (X to be precise) and then create a channel for the gullible people that wants to join. They benefit off this users on their channel buy feeding them pump and dump tokens they must’ve bought earlier or developed by themselves to rekt others.
While some of these scammers parading themselves as influencers use the channel members for referrals during airdrop calls or some organized mentorship classes for the newbies willing to learn.
I wouldn’t say they aren’t some of these coins that run into profits which are usually just 2x or 10x for solid memecoins spotted earlier. The rest are usually rugs, anyone trying to even get into degen trading should understand it is the easiest way to lose all your money.
Crypto Influencers are those that are dependent on people who are looking for
the 100x $hitcoin pump. They have no interest in:
1. Bitcoin
2. anything other than "the next big coin"
I'm really not interested in their click bait ridden social media channels.
Anyone other than Anthony Pompliano, Andreas Antonopoulos, Michael Saylor,
Plan B, Charlie Lee probably isnt worth following but yea thats my opinion and everyone
will have their own lists for Bitcoin influencers.
the 100x $hitcoin pump. They have no interest in:
1. Bitcoin
2. anything other than "the next big coin"
I'm really not interested in their click bait ridden social media channels.
Anyone other than Anthony Pompliano, Andreas Antonopoulos, Michael Saylor,
Plan B, Charlie Lee probably isnt worth following but yea thats my opinion and everyone
will have their own lists for Bitcoin influencers.
Generally, don't trust:
- People who claim they can time the market.
- Tweets with telegram invites.
- Anyone who airdrops random tokens.
- Social media algorithms. Go on Nostr, open network, no algorithm toxicity.
I have also seen many Twitter posts about cryptocurrency scams. Post also promoted Telegram channel that promised unusually high gains and targeting new investors. By looking these kind of posts many people think cryptocurrency is easy way to make money.
It always becomes absurd what a rogue influncer offers. They always make offers with amazing returns. We must be vigilant, they are everywhere taking advantage of our inattentiveness. This is what causes many cases that make crypto even worse for new people. In fact, many feel deceived and give bad statements about crypto, even though the problems that occur are due to mistakes they have made themselves. It will always be there we just need to continue to be vigilant.
Jump to: