1
0 Comments

How I Lost A Lot Of Money On BitClout

#BitClout is a new crypto-based social media platform with a lot of potential. Given that is a decentralized platform, you should be very careful where you invest your money because you will lose it forever if you put it in the wrong place.

BitClout can a very risky platform, and there are a lot of scammers, so be very vigilant.

Here are different ways you can get scammed on BitClout:

  1. Fake twitter accounts that tweet a verification code, pretending to be a real account. The moment you invest your money in these accounts, it’s gone.

  2. Many people using the “pump and dump” strategy, where they tell you to invest somewhere while they sell their share and make money. This is easiest way to lose your reputation on the platform

  3. People hacking twitter accounts, and the posting public key of their BitClout accounts

  4. People impersonating real twitter accounts

https://youtu.be/fm6ykHnrDcY

on April 10, 2021
Trending on Indie Hackers
Priorities for launching a SaaS solo, with no budget User Avatar 169 comments I thought I was building a news visualization tool. Users thought it was a catch-up tool. User Avatar 41 comments I Rejected a $15K Acquisition Offer for My Multi-Agent IDE — Here's the Full Breakdown User Avatar 29 comments I built a tool directory that doesn't pretend every founder has the same needs User Avatar 20 comments 5 Books, Make Smarter User Avatar 10 comments Why founder-led outbound breaks the moment you try to delegate it User Avatar 7 comments