This space is dominated by wolves disguised as sheep.
Even the accounts you trust the most might do tricky games with you.
𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝟱 𝘀𝗰𝗮𝗺𝗺𝗶𝗻𝗴 𝗽𝗮𝘁𝘁𝗲𝗿𝗻𝘀 𝗜 𝗿𝗲𝗰𝗼𝗴𝗻𝗶𝘇𝗲𝗱 𝗱𝘂𝗿𝗶𝗻𝗴 𝘁𝗵𝗶𝘀 𝗽𝗲𝗿𝗶𝗼𝗱: (this will help you to understand who your friend is and who is using you as exit liquidity)
𝟭. 𝗟𝗶𝘀𝘁 𝘁𝘆𝗽𝗲
Did you notice that most accounts constantly create lists with tickers of coins?
“These are the next 10/20/50x:”
• Coin A ~> X10
• Coin B ~> X20
• Coin C ~> X50
“I gave you X coin and it went to X price”
This “content methodology” has 2 main purposes:
• Create engagement (leveraging people's emotions and expectations)
• Add undisclosed paid shillings that “force” followers to buy those coins.
This is a very classic method mostly utilized by accounts that have nothing to say and want to disguise themselves as “experts”.
Easy to spot a scammer.
𝟮. 𝗧𝗿𝗮𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗲𝘅𝗽𝗼𝘀𝘂𝗿𝗲
This is something we have already seen and nothing innovative, right?
The procedure, for those who don't know, is the following one:
• Get paid from the project (in tokens) without disclosing the payment
• Quote the project’s post
• Tag the ticker and insert some bullish expectations to trigger an emotional response
• Dump the token on the head of your followers
An old technique that still continues to work perfectly.
𝟯. 𝗡𝗮𝗿𝗿𝗮𝘁𝗶𝘃𝗲 𝘁𝗵𝗿𝗲𝗮𝗱
With the bull market, new narratives emerge from time to time.
This creates the perfect environment for scammers to scam even more.
Here is how this works:
• Create a cover for the post with “20x/50x/100x” to attract retails ’eye
• Make a catchy title regarding the narrative adding: “These are the coins that will make you rich/will go ballistic”
• Insert all the tickers of the coin from the projects that paid you
• Don’t disclose anything of course
Hint: most of these accounts are repetitive and you'll find the same writing methodology from post to post
𝟰. 𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗽𝗼𝘀𝘁𝘀
Oh, this is something utilized by those who pose as “genuine” because it doesn't seem so scammy at first eye.
The footprint is similar to the previous techniques:
• Get paid from a project in token
• Make some technical analysis by posting a chart telling it's likely gonna rocket
• When it soars, claim you bought the bottom and many plenty of Xs
• People will perceive you as a guru
• Repeat
“But bro, many people chart coins, even you. Is everyone a paid shiller then?”
Hint: you'll find “confluences” across accounts, meaning that you'll see the same coins “casually” and constantly shilled at the same moment.
Those are no coincidences.
𝟱. 𝗔𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝗺𝗲𝗻𝘁 𝘀𝘁𝘆𝗹𝗲
Ah, the “Steve Jobs syndrome” ready to announce a new Apple product:
• Get paid from a project
• Announce that you found “a hidden gem”
(this will make sure you'll leverage people’s hype)
• Make the coin public and wait for followers to buy it
• Token rises and claim that you're a “gem hunter”
Hint: these are usually micro caps (because projects pay for exposure)
~ Short take ~
Fix it in your mind: 70% of crypto accounts don't want your good.
There are a lot of fakes in this space, and I can guarantee you that many of them will read this post and continue with their shady techniques, because they care zero.
But the worst are the ones that make you believe they’re real and your "friends" also because they “balance” undisclosed paid shills with some disclosures, making more difficult for the average guy to recognize these accounts.
I could make a brutal list exposing these liars, but I'm not here searching for war wasting my time.
I'm here to make you aware raising your attention.
Share this post if you think it can help your friends and want to make it recognizable.