Like⚠️⚠️ DON'T FALL INTO THESE 5 CRYPTO TRAPS! 🪤
🟥 Your Favorite Influencer Shilling a new Coin:
You see the YouTuber you've been following for years suddenly getting really bullish on a random altcoin with a dumb face thumbnail. "This one is truly a 100x gem guys, generational buying opportunity right here." Surely they've done their due diligence, right? Right??
🟥 The "Last Chance to Buy Under $X" Posts:
Speculation and FOMO are hitting a fever pitch, with people seemingly trying to outbid each other on hopium prices. Everyone's hyping why this is definitely going to be a life-changing investment if you buy now before it's too late.
🟥 Cult-Like Behavior Around a Project
If any criticism or skepticism towards a project gets instantly dogpiled by a horde of rabid supporters, that's a huge red flag. The echo chamber reinforcing itself as community members compete to out-loyal each other is a classic sign of a cult mindset taking over
🟥 "This [insert random shit coin] will make you a Millionaire!" An endless supply of get-rich-quick videos promising to reveal the secrets to financial freedom through buying "secret" new coins. Don't follow channels thriving on dreaming of mansions, lambos and models on beaches. A surefire indication of peaking irrationality.
🟥 "This Time It's Different" is Famous Last Words: Every rally looks unstoppable until it doesn't.
Like if you agree and follow me for more tips. Peace🤞