Pretty understandable that you lost a trade and shared it on
@Binance Square Official so others can learn, and avoid the mistakes you made, now random dudes are commenting on your post,
"Hey, I can help you."
"Join Blah Blah trading group on Telegram."
"Share your WhatsApp number, and I'll help you recover the lost money."
Most likely, they know you have the money, and all they want is your money. No one in crypto will help you recover lost money, because everyone knows no one can predict the future.
What's gonna happen after you contact someone privately? Scammers will never ask you for a seed phrase or account access because most of the Web3 guys are well-informed and know this can become a major problem, and you can lose all of their assets.
So scammers use these common tactics to lure you in, and you become so desperate to recover lost money that you fall into their trap so easily without noticing.
Scammers will show you screenshots of fake profits, stating they made good money while you lost everything. This is the most common tactic to gain your trust, and after you become familiar with them, they'll ask you for profit sharing scheme.
Profit Sharing Scheme: Most likely, scammers will ask you to send them some USDT. Next time, they will show you fake screenshots of winning trades and send you the pre-decided share with some profit. Now the trust is gained.
Next, they'll ask for a bigger amount and promise a bigger return. You have full trust in these guys since they already split profits with you from the previous trade. You send more USDT without a second thought.
After receiving the amount, they'll either say "USDT didn't arrive in their wallet or completely vanish by blocking you or deleting their accounts." In crypto, once sent, there's no way to recover it.
Fake Telegram groups: Scammers will ask you to join a pump-and-dump Telegram group, where they share a low market cap token with significantly less activity, where thousands of people like you are gathered in the hope of recovering their lost money.
Once you get in, and they are all set up, they start to accumulate a low market cap token, and once aped, they set a take profit order above a certain price point. After their accumulation, they build hype and share a time when the pump will happen. On time, they openly share the trading pair in the Telegram group, where everyone is waiting to ape in early.
Once shared, users start to rush in to buy early and exit at high prices. It only takes 30-40 seconds, and the token is up by thousands of percent. By this time, their TP order is already filled, and the token starts to plummet.
Falling to absolute zero within seconds, and everyone loses their money instead of making some, except the owner of the group.
The cycle keeps repeating one after another token, until you realise it's a scam, and you lost more than you made.
Stop responding to guys who ask you to recover your lost money. Trust nobody but your knowledge and research in crypto.
Thanks for reading. Follow me on Binance Square for more.
Trade trending tokens here. 👇👇
#scams #recovery #CryptoScams #FakeGurus #scammers