🔴 A Great Warning for Everyone in Crypto. Lately, something serious has been happening in the crypto world. Davinci Jeremie — the same man who became famous in 2013 for supporting Bitcoin 💰 — has now started scamming people 😡. Many new traders still trust his old reputation, and that's why they easily fall into his traps 😞.
🪙 How He Tricks New Traders
He keeps launching new memecoins 🪙 and promotes them as if they are the next big opportunity. He says things like: “If you missed Bitcoin, don't miss this!” 🤦♂️. Upon hearing this, people think the coin will soar high 🚀 and rush to invest their money.
🚮 What really happens?
Once people start buying the coin, the price goes up. And then, at the peak, he suddenly sells the coin 🚮 — which means he sells all his tokens at a high price. After that, the price of the coin crashes ⬇️, and regular investors are left with huge losses 💔. This whole trick is known as pump and dump 💣.
😔 Why do people get trapped?
Many beginners trust influencers more than they should. They think a famous person won't lie. But in crypto, fame doesn't always mean honesty. Scammers use their popularity to deceive people and make quick money 😬.
🔍 How to Stay Safe?
Always be careful 🙏. Don't trust anyone blindly — even someone popular 👀. Always do your own research (DYOR)
🔍 Check:
- Is the project real?
- Are the developers honest?
- Is the team transparent?
If someone promises “guaranteed profits” or says “this is the next Bitcoin” 🧐 — that's a big red flag 🚩
🌟 Final Advice
Cryptocurrencies are full of opportunities, but also full of traps. Stay alert, protect your money 💪💰 and invest wisely 💵📊. Don't let scammers take advantage of your dreams.
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