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🇺🇦 Fake Crypto Exchanges and $1.2M in Damage: Large Scale Scheme Busted in Ukraine…
The Security Service of Ukraine (SBU) and the National Police of Ukraine have detained the organizer of a major crypto fraud operation in Dnipro along with ten accomplices. Over the course of a year, the scheme generated at least $1.2 million in illicit proceeds.
The group operated multiple call centers targeting EU citizens. Victims were persuaded to “invest” via fake cryptocurrency trading platforms. Fraudsters displayed fabricated growth charts and fake profits to build trust and encourage larger deposits. Once the amounts became substantial, communication was cut off and the funds were transferred to crypto wallets controlled by the organizers.
During nearly 40 searches, authorities seized equipment and approximately ₴21 million in cash and assets.
The suspects face up to 12 years in prison with confiscation of property.
Commentary:
This case underscores the persistent risk of investment scams in the crypto sector, particularly those leveraging fake dashboards and psychological manipulation via call centers. Cross-border targeting (EU victims) also highlights the growing international dimension of cyber enabled financial crime.
$AGLD
#TrendingTopic #ukraine #WriteToEarnUpgrade #news #scam
The Security Service of Ukraine (SBU) and the National Police of Ukraine have detained the organizer of a major crypto fraud operation in Dnipro along with ten accomplices. Over the course of a year, the scheme generated at least $1.2 million in illicit proceeds.
The group operated multiple call centers targeting EU citizens. Victims were persuaded to “invest” via fake cryptocurrency trading platforms. Fraudsters displayed fabricated growth charts and fake profits to build trust and encourage larger deposits. Once the amounts became substantial, communication was cut off and the funds were transferred to crypto wallets controlled by the organizers.
During nearly 40 searches, authorities seized equipment and approximately ₴21 million in cash and assets.
The suspects face up to 12 years in prison with confiscation of property.
Commentary:
This case underscores the persistent risk of investment scams in the crypto sector, particularly those leveraging fake dashboards and psychological manipulation via call centers. Cross-border targeting (EU victims) also highlights the growing international dimension of cyber enabled financial crime.
$AGLD
#TrendingTopic #ukraine #WriteToEarnUpgrade #news #scam
Recent Trades
4 trades
AGLDUSDT
$POWER — DUMP SIGNAL ⚠️
📊 Stats:
• Price: $0.506
• 24H High: $0.5506
• 24H Low: $0.3560
• Volume: 43M+
📉 What we see:
• Sharp drop → fast pump → weak hold
• Strong sell candle already printed
• Rising volume = distribution phase
➡️ This is NOT healthy growth
🚨 Risk
Fake pump → continuation dump
❗ Conclusion
➡️ High probability of another drop
➡️ Stay cautious / consider taking profit
#scamriskwarning #scam #dump #crypto #power
📊 Stats:
• Price: $0.506
• 24H High: $0.5506
• 24H Low: $0.3560
• Volume: 43M+
📉 What we see:
• Sharp drop → fast pump → weak hold
• Strong sell candle already printed
• Rising volume = distribution phase
➡️ This is NOT healthy growth
🚨 Risk
Fake pump → continuation dump
❗ Conclusion
➡️ High probability of another drop
➡️ Stay cautious / consider taking profit
#scamriskwarning #scam #dump #crypto #power
$POWER This coin is clearly being manipulated, just look at the spikes. Report it for fraud #MarketManipulation #scam
‼️Attention 🚨
Listen Carefully and clearly:
Never Trust anyone. People fool other just for their 1 dollar comission. No one is here to make you rich, People scam with you. Never trade your hard earned money on the basis of other's advise. They do not know anything they are just cheap scammers who know some words of trading and can draw some lines. Make yourself cappible and learn to educate yourself. So that you know where to invest or trade your hard earned money.
If no one is giving you money
Then why they give you advise?
You earned it, so you should know where to trade
Make yourself educated and slap those cheap illetrate scammers.
Knowledge is Money.
Stat blessed.
JazakAllah
#WhenWillCLARITYActPass #StrategyBTCPurchase #ScamAlert #ScamAware #scam
Listen Carefully and clearly:
Never Trust anyone. People fool other just for their 1 dollar comission. No one is here to make you rich, People scam with you. Never trade your hard earned money on the basis of other's advise. They do not know anything they are just cheap scammers who know some words of trading and can draw some lines. Make yourself cappible and learn to educate yourself. So that you know where to invest or trade your hard earned money.
If no one is giving you money
Then why they give you advise?
You earned it, so you should know where to trade
Make yourself educated and slap those cheap illetrate scammers.
Knowledge is Money.
Stat blessed.
JazakAllah
#WhenWillCLARITYActPass #StrategyBTCPurchase #ScamAlert #ScamAware #scam
$SNX #SNX — Final Phase Before Downside
The data indicates that distribution is nearing completion, and internal selling activity appears to be increasing. This typically signals that early participants or large holders are preparing exit strategies.
A key concern is concentration risk — when a single entity or a small group controls a significant portion of the supply (e.g. ~40%), it introduces structural instability. In such conditions, upward movements can be used as liquidity events, allowing large holders to offload positions into market demand.
This type of behavior undermines confidence and limits long-term sustainability.
Conclusion:
Downside pressure is increasing. Caution is
advised.
#eth #Avalanche #scam #DumpandDump
The data indicates that distribution is nearing completion, and internal selling activity appears to be increasing. This typically signals that early participants or large holders are preparing exit strategies.
A key concern is concentration risk — when a single entity or a small group controls a significant portion of the supply (e.g. ~40%), it introduces structural instability. In such conditions, upward movements can be used as liquidity events, allowing large holders to offload positions into market demand.
This type of behavior undermines confidence and limits long-term sustainability.
Conclusion:
Downside pressure is increasing. Caution is
advised.
#eth #Avalanche #scam #DumpandDump
#SCAM
Freebitco.in was running from more than 10 years . Now they disappeared .
they stopped withdrawal with Suspicious message that we are shutting down so can't allow withdrawal
new website will be online soon
This was not a professional way of transfer
so it was obvious
Freebitco.in was running from more than 10 years . Now they disappeared .
they stopped withdrawal with Suspicious message that we are shutting down so can't allow withdrawal
new website will be online soon
This was not a professional way of transfer
so it was obvious
sanjeev021:
where you can see message
What Are Multisig Scams and How to Avoid Them?
Multisig wallets are especially useful for people working in teams or those who want an extra layer of security. But here’s the catch: scammers can also use multisig wallets to trick users and steal their cryptocurrencies. Let’s take a closer look at how multisig wallets work and some of the most common multisig scams.
What Is a Multisig Wallet?
In the cryptocurrency world, a multisig (multi-signature) wallet is a type of wallet that requires more than one private key to authorize a transaction. They are like the digital equivalent of two-factor authentication (2FA), requiring two or more approvals (signatures) before a transaction can happen.
You can set up a multisig wallet with different requirements, such as needing two out of three keys or three out of five, and so on. It’s like having multiple keys to a vault, where no one person can unlock it without the others.
Multisig wallets are commonly used in business collaborations, DAOs (decentralized autonomous organizations), and joint ventures. They can also be useful for family funds or anyone who wants a bit of added security for their digital assets.
Multisig wallets are often used to increase security, so how exactly are these wallets being used to scam people?
What Is a Multisig Scam?
The logic behind the scam is quite simple: scammers make victims believe they have full access to a crypto wallet when, in reality, they don’t. Below is an example of a scammer comment on a YouTube video:
You might come across many variations of this scam on YouTube, Twitter, Telegram, and other social media platforms, but their message will always include a private key or a seed phrase. If it’s your first time seeing it, you might be tricked into thinking it’s a new user asking for help, but don’t get fooled.
How Does a Multisig Scam Work?
There are different types of multisig scams, and they are particularly common on the Tron network due to the way Tron multisig wallets work.
Some of the more elaborate multisig scams focus on tricking users into making their wallets multisig and adding the scammer as a co-owner. Once the scammers gain this level of control, they can effectively trap the funds or, in some cases, steal them directly.
These scams are usually related to phishing or impersonation fraud, where scammers pretend to be from a reliable customer support team.
However, one of the most common multisig scams is much simpler and doesn’t require users to share their seed phrase or private keys. Instead, it’s designed to trick users into sending crypto to the scammer in an attempt to get funds from their multisig wallet. Let’s go through a common example.
Multisig scam bait using SafePal
To illustrate how the scam works, we will use the seed phrase shared in the YouTube comment we discussed above. First, we installed the SafePal wallet extension and imported the scammer’s wallet using the seed phrase provided.
With the wallet open, we can see that the scammer has 2,022 USDT as a TRC-20 token in the Tron network. At this point, most victims will try to transfer the USDT out of the scammer’s wallet.
However, the wallet doesn’t have enough TRX to pay for transaction fees. This is where the victim is tricked into sending TRX to the scammer’s wallet.
The scammer preys on greedy victims who rush to open the wallet in an attempt to take the funds. They quickly send crypto to the wallet to pay for fees but soon realize they can’t make any transactions because it’s a multisig wallet.
Remember, these wallets require multiple private keys (signatures) to approve a transfer. So, even if you have one of the keys, you won’t be able to sign transactions.
The good news is that if you fall victim to such a scam, you are probably losing a relatively small amount of crypto (whatever value you sent to pay for gas fees). However, the more sophisticated multisig scams we mentioned earlier can target your crypto wallet directly, potentially leading to much bigger losses.
Checking the scammer’s wallet address
If we search for the scammer’s wallet address (ending in Kk78Z) on the TronScan blockchain explorer, we will notice that the account is controlled by another address (ending in bHCoc). This is what a multisig wallet looks like on the Tron network.
Tron multisig wallets can be set up in many different ways. The wallet’s permission can be customized according to the weight given to each multisig account.
In the example above, the scammer’s account (ending in bHCoc) has full access to the multisig wallet (“Owner Permission”), while the account used to bait victims (ending in Kk78Z) has only limited functionality.
How to Avoid Multisig Scams
To avoid multisig scams and other types of fraud, you should keep your personal information private, avoid using stranger’s seed phrases or private keys, and watch out for phishing emails and websites.
1. Keep your private keys and seed phrases private
No legitimate company, wallet provider, or crypto exchange will ever ask for your private keys or seed phrases. Keep them in a secure location and never share them with anyone.
2. Stick to official wallet apps and software
Only use wallet software and apps that come from trusted, official sources. There are many fake crypto wallets and exchanges, so double-check the URL and verify app authenticity before using them.
3. Regularly audit your wallet permissions
A good habit for multisig users is to check who has access to your wallet on a regular basis. Most wallets will let you review permissions in the settings. If you spot any unauthorized signatories, remove them immediately. You should also remove permissions of DeFi apps you no longer use.
4. Use hardware wallets for added security
Hardware wallets are physical devices that store your crypto offline. Even if someone compromises your multisig setup, they won’t be able to move funds without the hardware wallet's physical confirmation.
5. Enable two-factor authentication (2FA)
Most wallet providers and exchanges offer 2FA. Enabling it can add an extra layer of security, preventing unauthorized access to your wallet.
6. Stay informed
Cryptocurrency security is an ever-evolving field. New scams and tactics appear regularly, so it’s important to stay informed and keep learning about the latest threats and best security practices.
7. Wallet warnings
Unfortunately, it’s not always easy to tell if a wallet is multisig or not. However, due to the growing number of scams, some wallet providers have added security features that warn users about potentially dangerous wallets.
Below are examples from SafePal and Trust Wallet, warning users that funds are blocked.
$ADA
$ETH
$SOL
What Is a Multisig Wallet?
In the cryptocurrency world, a multisig (multi-signature) wallet is a type of wallet that requires more than one private key to authorize a transaction. They are like the digital equivalent of two-factor authentication (2FA), requiring two or more approvals (signatures) before a transaction can happen.
You can set up a multisig wallet with different requirements, such as needing two out of three keys or three out of five, and so on. It’s like having multiple keys to a vault, where no one person can unlock it without the others.
Multisig wallets are commonly used in business collaborations, DAOs (decentralized autonomous organizations), and joint ventures. They can also be useful for family funds or anyone who wants a bit of added security for their digital assets.
Multisig wallets are often used to increase security, so how exactly are these wallets being used to scam people?
What Is a Multisig Scam?
The logic behind the scam is quite simple: scammers make victims believe they have full access to a crypto wallet when, in reality, they don’t. Below is an example of a scammer comment on a YouTube video:
You might come across many variations of this scam on YouTube, Twitter, Telegram, and other social media platforms, but their message will always include a private key or a seed phrase. If it’s your first time seeing it, you might be tricked into thinking it’s a new user asking for help, but don’t get fooled.
How Does a Multisig Scam Work?
There are different types of multisig scams, and they are particularly common on the Tron network due to the way Tron multisig wallets work.
Some of the more elaborate multisig scams focus on tricking users into making their wallets multisig and adding the scammer as a co-owner. Once the scammers gain this level of control, they can effectively trap the funds or, in some cases, steal them directly.
These scams are usually related to phishing or impersonation fraud, where scammers pretend to be from a reliable customer support team.
However, one of the most common multisig scams is much simpler and doesn’t require users to share their seed phrase or private keys. Instead, it’s designed to trick users into sending crypto to the scammer in an attempt to get funds from their multisig wallet. Let’s go through a common example.
Multisig scam bait using SafePal
To illustrate how the scam works, we will use the seed phrase shared in the YouTube comment we discussed above. First, we installed the SafePal wallet extension and imported the scammer’s wallet using the seed phrase provided.
With the wallet open, we can see that the scammer has 2,022 USDT as a TRC-20 token in the Tron network. At this point, most victims will try to transfer the USDT out of the scammer’s wallet.
However, the wallet doesn’t have enough TRX to pay for transaction fees. This is where the victim is tricked into sending TRX to the scammer’s wallet.
The scammer preys on greedy victims who rush to open the wallet in an attempt to take the funds. They quickly send crypto to the wallet to pay for fees but soon realize they can’t make any transactions because it’s a multisig wallet.
Remember, these wallets require multiple private keys (signatures) to approve a transfer. So, even if you have one of the keys, you won’t be able to sign transactions.
The good news is that if you fall victim to such a scam, you are probably losing a relatively small amount of crypto (whatever value you sent to pay for gas fees). However, the more sophisticated multisig scams we mentioned earlier can target your crypto wallet directly, potentially leading to much bigger losses.
Checking the scammer’s wallet address
If we search for the scammer’s wallet address (ending in Kk78Z) on the TronScan blockchain explorer, we will notice that the account is controlled by another address (ending in bHCoc). This is what a multisig wallet looks like on the Tron network.
Tron multisig wallets can be set up in many different ways. The wallet’s permission can be customized according to the weight given to each multisig account.
In the example above, the scammer’s account (ending in bHCoc) has full access to the multisig wallet (“Owner Permission”), while the account used to bait victims (ending in Kk78Z) has only limited functionality.
How to Avoid Multisig Scams
To avoid multisig scams and other types of fraud, you should keep your personal information private, avoid using stranger’s seed phrases or private keys, and watch out for phishing emails and websites.
1. Keep your private keys and seed phrases private
No legitimate company, wallet provider, or crypto exchange will ever ask for your private keys or seed phrases. Keep them in a secure location and never share them with anyone.
2. Stick to official wallet apps and software
Only use wallet software and apps that come from trusted, official sources. There are many fake crypto wallets and exchanges, so double-check the URL and verify app authenticity before using them.
3. Regularly audit your wallet permissions
A good habit for multisig users is to check who has access to your wallet on a regular basis. Most wallets will let you review permissions in the settings. If you spot any unauthorized signatories, remove them immediately. You should also remove permissions of DeFi apps you no longer use.
4. Use hardware wallets for added security
Hardware wallets are physical devices that store your crypto offline. Even if someone compromises your multisig setup, they won’t be able to move funds without the hardware wallet's physical confirmation.
5. Enable two-factor authentication (2FA)
Most wallet providers and exchanges offer 2FA. Enabling it can add an extra layer of security, preventing unauthorized access to your wallet.
6. Stay informed
Cryptocurrency security is an ever-evolving field. New scams and tactics appear regularly, so it’s important to stay informed and keep learning about the latest threats and best security practices.
7. Wallet warnings
Unfortunately, it’s not always easy to tell if a wallet is multisig or not. However, due to the growing number of scams, some wallet providers have added security features that warn users about potentially dangerous wallets.
Below are examples from SafePal and Trust Wallet, warning users that funds are blocked.
$ADA
$ETH
$SOL
📈 BTC Cycle Repeating?
$20K ➝ $69K ➝ $100K… and now a potential new cycle forming. 🚀
History often rhymes in crypto. Accumulation → Breakout → New ATH → Correction → Expansion.
If momentum continues, $BTC could target new highs again. 👀
Manage risk. Avoid FOMO.
#WhenWillCLARITYActPass #StrategyBTCPurchase #scam
$20K ➝ $69K ➝ $100K… and now a potential new cycle forming. 🚀
History often rhymes in crypto. Accumulation → Breakout → New ATH → Correction → Expansion.
If momentum continues, $BTC could target new highs again. 👀
Manage risk. Avoid FOMO.
#WhenWillCLARITYActPass #StrategyBTCPurchase #scam
I told you very early $SPACE ❌
#scammer ❌🚨🚨
Multiple times i told that open short position
And i also gave you the reason
I dont know why you are blaming crypto
Just learn and earn.
If anyone wants guidance then they can let me know.
💯💯💯💯
#WhenWillCLARITYActPass #scam
#scammer ❌🚨🚨
Multiple times i told that open short position
And i also gave you the reason
I dont know why you are blaming crypto
Just learn and earn.
If anyone wants guidance then they can let me know.
💯💯💯💯
#WhenWillCLARITYActPass #scam
Important update about $SPACE coin 🚨🚨
Must read 🚨🚨✅🚨🚨🚨
Friends, no matter how good the Space Coin project may seem, if you don’t understand supply and demand, you won’t be able to make informed decisions. Supply and demand play the most important role in every financial market—nothing is more critical than this.
Space Coin has a total supply of 21 billion tokens. The amount currently available in the market is called the circulating (current) supply, which at the moment is 2.2 billion tokens.
As clearly mentioned in the image shared in my post, on February 24, approximately 978 million tokens are scheduled to be unlocked. This means nearly 40% additional supply will be added relative to the current circulating supply. Such a significant increase in supply can directly impact demand and potentially put pressure on the price.
The only way to stabilize the price in this situation would be if the team actively supports it—possibly through buybacks or by driving strong upward momentum before the unlock event, so that existing demand can absorb the newly unlocked tokens. Otherwise, in my view, especially in a bearish market, this project does not appear to have strong enough fundamentals to attract substantial new investment.
Based on this outlook, some traders may consider opening low-leverage, low-margin short positions. Possible downside targets could be 0.008, 0.007, and 0.006.
Note: This is a personal opinion and not financial advice. Always manage your risk carefully.
If anyone wants guidance then you let me know
Must read 🚨🚨✅🚨🚨🚨
Friends, no matter how good the Space Coin project may seem, if you don’t understand supply and demand, you won’t be able to make informed decisions. Supply and demand play the most important role in every financial market—nothing is more critical than this.
Space Coin has a total supply of 21 billion tokens. The amount currently available in the market is called the circulating (current) supply, which at the moment is 2.2 billion tokens.
As clearly mentioned in the image shared in my post, on February 24, approximately 978 million tokens are scheduled to be unlocked. This means nearly 40% additional supply will be added relative to the current circulating supply. Such a significant increase in supply can directly impact demand and potentially put pressure on the price.
The only way to stabilize the price in this situation would be if the team actively supports it—possibly through buybacks or by driving strong upward momentum before the unlock event, so that existing demand can absorb the newly unlocked tokens. Otherwise, in my view, especially in a bearish market, this project does not appear to have strong enough fundamentals to attract substantial new investment.
Based on this outlook, some traders may consider opening low-leverage, low-margin short positions. Possible downside targets could be 0.008, 0.007, and 0.006.
Note: This is a personal opinion and not financial advice. Always manage your risk carefully.
If anyone wants guidance then you let me know
I have just received some interesting updates about $LYN coin ,The team is scamming everyone
Key Analyst Concerns (Not Just Price Noise)
Manipulation & Wash Trading Signals:
There have been claims from blockchain analysts that the LYN team or certain large holders have been boosting prices by making small repeated buys from new addresses, effectively boosting the price mechanically rather than organically. This is a classic fake volume pump setup — and it puts a significant risk on sustainability.
#scam #LYN
Key Analyst Concerns (Not Just Price Noise)
Manipulation & Wash Trading Signals:
There have been claims from blockchain analysts that the LYN team or certain large holders have been boosting prices by making small repeated buys from new addresses, effectively boosting the price mechanically rather than organically. This is a classic fake volume pump setup — and it puts a significant risk on sustainability.
#scam #LYN
PRETTY _N:
no bro, which other token has ever pumped for 1month and 1 week with out a pullback, Lyn is scam
🚨 How People Got Scammed by an Ex New York Mayor's Memecoin
The Hype That Turned Into a Nightmare 💸
Former NYC Mayor Eric #Adams launched "NYC Token" at a flashy Times Square press conference in January 2026. He promised it would somehow combat antisemitism (yeah, we're confused too 🤔). The coin's market cap skyrocketed to $600 million almost instantly.
The Crash That Shocked Everyone 📉
Just 30 minutes after launch, disaster struck. The token crashed over 81% in what's called a "rug pull", basically, the developers yanked their money and ran. A wallet linked to the team withdrew $2.5 million, leaving investors holding worthless tokens.
Real People, Real Losses 😔
One trader lost $473,500 in under 20 minutes. That's a 63.5% loss in the time it takes to watch a sitcom episode. Roughly $500 million in paper value vanished into thin air.
The "Not Us!" Defense 🙄
Adams' team claimed they didn't withdraw anything, just their "market maker" making "adjustments." Right. This is the same guy who called himself the "$BTC Mayor" and took his paychecks in crypto.
The Lesson? If a politician launches a memecoin, run. 🏃♂️
#memecoin #scam #NYCTokenScandal
The Hype That Turned Into a Nightmare 💸
Former NYC Mayor Eric #Adams launched "NYC Token" at a flashy Times Square press conference in January 2026. He promised it would somehow combat antisemitism (yeah, we're confused too 🤔). The coin's market cap skyrocketed to $600 million almost instantly.
The Crash That Shocked Everyone 📉
Just 30 minutes after launch, disaster struck. The token crashed over 81% in what's called a "rug pull", basically, the developers yanked their money and ran. A wallet linked to the team withdrew $2.5 million, leaving investors holding worthless tokens.
Real People, Real Losses 😔
One trader lost $473,500 in under 20 minutes. That's a 63.5% loss in the time it takes to watch a sitcom episode. Roughly $500 million in paper value vanished into thin air.
The "Not Us!" Defense 🙄
Adams' team claimed they didn't withdraw anything, just their "market maker" making "adjustments." Right. This is the same guy who called himself the "$BTC Mayor" and took his paychecks in crypto.
The Lesson? If a politician launches a memecoin, run. 🏃♂️
#memecoin #scam #NYCTokenScandal
😐 The developer was almost 'removed' due to a shield he did not create
The creator of OpenClaw — Peter Steinberger — recounted how his project almost perished… due to crypto speculators.
The startup was bought by OpenAI — it seemed, just live and rejoice.
But at the same time, some enthusiasts launched a left token, attaching it to the product without the author's consent.
Then the pressure began:
The startup was bought by OpenAI — it seemed, just live and rejoice.
But at the same time, some enthusiasts launched a left token, attaching it to the product without the author's consent.
Then the pressure began:
TOP CRYPTO SCAMMERS CAUGHT
1️⃣ Sam Bankman-Fried
Founder of FTX.
- The exchange collapsed.
- Billions of customers disappeared.
- Found guilty of fraud in the USA.
2️⃣ Do Kwon
Creator of Terra/LUNA.
- Ecosystem crash of ~$40 billion.
- Arrested and undergoing court proceedings.
3️⃣ Ruja Ignatova
Creator of OneCoin.
- Pyramid worth over $4 billion.
- Wanted by the FBI.
❓ Audience question:
Founder of FTX.
- The exchange collapsed.
- Billions of customers disappeared.
- Found guilty of fraud in the USA.
2️⃣ Do Kwon
Creator of Terra/LUNA.
- Ecosystem crash of ~$40 billion.
- Arrested and undergoing court proceedings.
3️⃣ Ruja Ignatova
Creator of OneCoin.
- Pyramid worth over $4 billion.
- Wanted by the FBI.
❓ Audience question:
🚨 ALERT: Scammers are mailing fake Trezor and Ledger letters with QR codes that lead to phishing sites designed to steal users’ crypto wallet recovery phrases.
#scam #scamriskwarning $BTC
#scam #scamriskwarning $BTC
The Sad Reality of Altcoins
If at any point during your journey in cryptocurrencies you made a small investment in some "unknown gem" hoping to double, triple, or quintuple your capital and now you find that you have lost 99% of the investment, let me tell you that you are not alone.
This is what happened to practically all altcoins. Slowly and inadvertently, they were devalued until they reached 0.
We were deceived by false bullish movements of +100% from time to time.
But the trick was that it rose from $0.05 to $0.10. A 100%, but your purchase price was close to $1.
Moreover, a week later it was worth $0.05 again. And a month later $0.02...
The chart I share is that of Sonic, but it could be that of any altcoin.
In summary, altcoins are a bet with a very high percentage of losing all your money.
If you expect to recover with an "Altseason", pray that it is a strong one, because they would have to rise more than 1000% to approach previous highs.
Tell me, did this happen to you? With which Altcoins?
$BTC
$ETH
$XRP
#Altcoins #Scam #Altseason #BinanceSquareFamily
If at any point during your journey in cryptocurrencies you made a small investment in some "unknown gem" hoping to double, triple, or quintuple your capital and now you find that you have lost 99% of the investment, let me tell you that you are not alone.
This is what happened to practically all altcoins. Slowly and inadvertently, they were devalued until they reached 0.
We were deceived by false bullish movements of +100% from time to time.
But the trick was that it rose from $0.05 to $0.10. A 100%, but your purchase price was close to $1.
Moreover, a week later it was worth $0.05 again. And a month later $0.02...
The chart I share is that of Sonic, but it could be that of any altcoin.
In summary, altcoins are a bet with a very high percentage of losing all your money.
If you expect to recover with an "Altseason", pray that it is a strong one, because they would have to rise more than 1000% to approach previous highs.
Tell me, did this happen to you? With which Altcoins?
$BTC
$ETH
$XRP
#Altcoins #Scam #Altseason #BinanceSquareFamily
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