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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
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