Today we will talk about some common scams in the cryptocurrency circle. New friends must read this. Why is there this article today? Because in recent days, two or three people come to me almost every day and ask me if a certain project is a scam, or if I have been cheated by a certain project, is there any way to get my money back, etc.

 

To be honest, I felt uncomfortable when I saw the messages these friends sent me. How could you be deceived by such a simple scam? As a person who trades in cryptocurrencies, we can lose money and we can be harvested by the dealer, but we cannot be deceived. You can harvest me, but I can't swallow it if you deceive me. In fact, these scams are very simple and easy to detect. The premise is that you are an old leeks in the cryptocurrency circle. New leeks may be greedy because they have never suffered losses and are very easy to be deceived.

 

The first one is the Pixiu plate, which was compiled by a friend who was deceived after chatting with me. Pixiu is actually a metaphor related to the mythical beast Pixiu in ancient Chinese legends, describing a digital currency that can only be bought but not sold. In the legend, Pixiu is a particularly magical creature. It is said that it can swallow everything, especially gold and jewelry, but it will not excrete it. It can only enter its body and cannot be taken out. Therefore, the Pixiu plate is used to metaphorically describe certain digital currencies. Once purchased, there is no way to sell them again.

 

Generally, the tokens of this kind of Pixiu disk are not available in major exchanges. Scammers usually tell you that this is a new coin, and there is a probability or a high probability that it will be listed on a large exchange, such as An or Yi, or they will tell you that this is a 100-fold coin. In fact, this is the token issued by himself, or the exchange was built by him.

 

Well, that’s all for this issue. If you find it helpful, please support me by clicking three times and follow me. I will continue to update and expose the scam. See you next time.