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🚨🚨 ALERT: Beware of Telegram Trading Channel Scams ‼️🚨 ‼️ ‼️ ‼️ 🚨
Telegram is home to around 60,000 trading channels, with 16,000 to 19,000 focused on trading. Alarmingly, about 90% of these are operated by scammers who follow a common pattern:
Initial Inexperience:
Scammers often start trading with little to no experience, resulting in significant losses.
Creating Deceptive Channels:
To recover their losses, they establish trading channels designed to mislead others.
Signal Plagiarism:
They frequently copy trading signals from other channels, many of which are also run by scammers, and post 4 to 7 signals daily.
Key Indicators:
Genuine traders typically manage only 4 or 6 trades simultaneously due to the need for close monitoring.
Fabricated Success Stories:
They highlight the few successful trades while concealing their numerous failures to create a false impression of success.
Exorbitant Fees:
These scammers charge high upfront fees, banking on the fact that dissatisfied users won’t return.
Lack of Transparency:
They avoid providing trade screenshots or offering trial periods for VIP services to prevent their deception from being exposed.
High-Risk Trades:
Trades with risks exceeding 8-12% are a sign of their inexperience and recklessness.
Identifying These Scams:
- Be wary of channels that manage numerous trades simultaneously.
- Watch out for high fees without the option of a trial period.
- Be cautious of traders who refuse to show their trade history.
My goal is to expose these scams and protect unsuspecting individuals. Stay tuned for more updates and stay vigilant.
#Alert🔴 #Write2Earn! #BinanceTournament #BullBanter #ETH_ETFs_Approval_Predictions
Telegram is home to around 60,000 trading channels, with 16,000 to 19,000 focused on trading. Alarmingly, about 90% of these are operated by scammers who follow a common pattern:
Initial Inexperience:
Scammers often start trading with little to no experience, resulting in significant losses.
Creating Deceptive Channels:
To recover their losses, they establish trading channels designed to mislead others.
Signal Plagiarism:
They frequently copy trading signals from other channels, many of which are also run by scammers, and post 4 to 7 signals daily.
Key Indicators:
Genuine traders typically manage only 4 or 6 trades simultaneously due to the need for close monitoring.
Fabricated Success Stories:
They highlight the few successful trades while concealing their numerous failures to create a false impression of success.
Exorbitant Fees:
These scammers charge high upfront fees, banking on the fact that dissatisfied users won’t return.
Lack of Transparency:
They avoid providing trade screenshots or offering trial periods for VIP services to prevent their deception from being exposed.
High-Risk Trades:
Trades with risks exceeding 8-12% are a sign of their inexperience and recklessness.
Identifying These Scams:
- Be wary of channels that manage numerous trades simultaneously.
- Watch out for high fees without the option of a trial period.
- Be cautious of traders who refuse to show their trade history.
My goal is to expose these scams and protect unsuspecting individuals. Stay tuned for more updates and stay vigilant.
#Alert🔴 #Write2Earn! #BinanceTournament #BullBanter #ETH_ETFs_Approval_Predictions
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