"Just imagine: 1000% in three days! Stop living in poverty, join a project that will change your life!" Sound familiar? If so, then congratulations: you've already fallen into the trap of cryptocurrency pyramids at least once.
---
What is a crypto pyramid scheme and why does it work like this?
A pyramid is not something built in Egypt, but something built by cunning scammers on your greed. The principle is simple: you invest money, promise to bring friends, and they bring their friends. As long as there are new investors, the system works. And when there are fewer of them, your money turns into "try again."
A classic of the genre is a token with a big name that is "about to fly to the moon." They tell you about innovative technology, a top team, and a partnership with NASA. But in reality, there is only a beautiful website, promos on social networks, and the creators' dreams of a yacht.
---
Why are people drawn to this?
1. Greed: When we see the word "x", we lose self-control.
2. Fear of missing out (FOMO): "If I don't get in now, tomorrow everyone will be rich and I'll be left with zero."
3. Mass hype: when every second blogger on YouTube and TikTok shouts about the "new Bitcoin", even skeptics begin to doubt.
---
Real stories: why people lose everything
Think of Bitconnect, the legendary pyramid scheme that promised "guaranteed" profits and whose collapse cost investors $4 billion. Or the recent case of Terra Luna, where many lost all their savings because they believed in the "stability" of an algorithmic stablecoin.
---
How not to become a victim?
1. Check the information: if they promise 1000% profit, it is clearly a scam.
2. Research the team: serious projects have real founders, not "Elon Musk" with a fake Twitter account.
3. Avoid aggressive marketing: the more people shout about "Xs", the more chances they have of trying to trick you.
4. Don't invest everything: crypto is risky. You shouldn't even put your last money into Bitcoin, let alone incomprehensible tokens.
---
Is it possible to protect yourself?
No, if you don't use your brain. Because no state or regulator will be able to return your money if you voluntarily give it to scammers. Even if Ukraine launches full crypto regulation, this does not mean that all projects on the market will suddenly become honest.
---
Final word
Cryptopyramids are like casinos, only without the chance of winning. And instead of roulette, they sell you "guaranteed growth" with beautiful charts.
So the next time you're offered "easy money," remember the old saying: free cheese is only in a mousetrap. Or in a cryptocurrency pyramid scheme.
