How do people who trade in cryptocurrencies get ripped off?

There are hundreds of ways to get ripped off, and I will just mention a few:

1. The dealer goes bankrupt and runs away. Luna fell from $100 to 0.00001 in a few days, and those who shorted it made a fortune.

2. The exchange runs away. The small exchanges in the cryptocurrency circle cut off even the roots of the leeks. The top five exchanges in the cryptocurrency circle also change their rankings frequently. The cryptocurrency exchanges are unreliable from the fifth place, and they go bankrupt when they say they will go bankrupt.

3. Stealing from the inside. It is obvious that the money in your wallet has been hacked by the exchange, but they insist on saying that it was stolen by hackers. Isn’t that infuriating?

4. Playing contracts. This is the consensus of people in the cryptocurrency circle that lose money. A big positive line will attract thousands of troops to meet, and a big negative line will dry the tears of retail investors.

5. If you buy a coin, it won’t go up unless you sell it. Once you sell it, it will take off. What does that mean? It’s all about your position. Don’t be surprised how the dealer knows. He knows clearly how many chips have been sold and when to take back the low-priced chips. This is still good. Some dealers only sell but don’t take. The more you buy, the more it falls until you can’t bear it anymore and sell it. In the end, you can’t get your capital back!