Rug Pulls Aren’t Accidents They’re Engineered 💥
Most people think a rug pull is just “bad luck.” It’s not. It’s a carefully engineered exit.
Scammers plan months ahead: marketing hype, fake communities, influencers, airdrops. Every viral NFT drop or “can’t-miss” DeFi yield farm is a stage. They know exactly when to pull the rug.
Retail traders enter thinking it’s “easy money.” The moment the price peaks, liquidity dries, and boom the rug is gone.
Takeaway: Don’t treat new projects as opportunities. Treat them as risk zones until proven otherwise. Your capital is precious protect it first.
💡 Next in this series: I’ll show you how to spot a Web3 scam in 30 seconds red flags that could save you thousands.
❓ Have you ever entered a project thinking it was “safe” only to watch it vanish?
#CryptoScams #RugPulls #RiskManagement #Web3Safety #CryptoEducation