Crypto Mufasa
Advertise
  • Crypto News
    • General News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
  • NFT NEWS
  • Beginner Guides
  • Price Predictions
  • Crypto Prices
No Result
View All Result
  • Login
  • Register
  • Crypto News
    • General News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
  • NFT NEWS
  • Beginner Guides
  • Price Predictions
  • Crypto Prices
No Result
View All Result
Crypto Mufasa
No Result
View All Result

Home » TANK didn’t arrive! How did subscribers lose millions on signals from crypto bloggers?

TANK didn’t arrive! How did subscribers lose millions on signals from crypto bloggers?

James by James
February 16, 2022
in Altcoin News
Reading Time: 3 mins read
A A
0
TANK didn’t arrive! How did subscribers lose millions on signals from crypto bloggers?
Share on FacebookShare on Twitter
ADVERTISEMENT

On February 10, Russian crypto bloggers sharply increased activity in their social networks, the reason for this was the new TANK coin, which was supposed to “fly”, but did not fly for long, exactly 4 minutes, after which it fell by 60% and continues to fall at the moment. Subscribers who indiscriminately believed the opinion leaders were dissatisfied with the signal, which resulted in the creation of a telegram chat “those affected by the Tank”, a video exposing crypto bloggers and negative comments under Instagram posts. Most of all, the negative is caused by the fact that bloggers allegedly agreed to create a “pump” at the expense of their audience, wait for the right price and “drain” the coin.
– Behind every coin there is a project, in this case in TANK – it was a game. Attracting an audience happens, including through the purchase of cryptocurrency. People’s interest in a coin is reinforced when a project has a system. It is often interesting for projects to work with bloggers on a long-term basis so that the blogger shows his audience his involvement: how he invests, what profitability he plans to receive, did a review about the company, interviews with the founders, etc. That is, it is through the mechanics of getting to know the project, and not with the coin.

How beneficial is this cooperation for bloggers? What is the working mechanism?

– It is important to understand that each project needs the coin to grow in value. Especially if the founders themselves keep this coin in their wallets or promised a large investor the growth of the coin after some time. Cooperation options may be different, for example:
Option No. 1. Advertising integration. Fixed payment for advertising in social networks. networks, in order for the audience of a crypto blogger to buy a coin, thereby creating a “pump”, and then those who managed to fix their profits.
Option number 2. Opinion leaders invested themselves in the early stages, which made it possible to enter the project much cheaper, then at the expense of their audience, they will earn much more. If we take TANK as an example, a blogger who invested $100,000 sold his coins for $1,000,000 using the pump. There is also such a mechanism. The founders of the project need support from a blogger in order to raise the price on the stock exchange, hold and carry out the necessary manipulations, and accordingly, within the framework of such cooperation, different schemes can be developed for earning a blogger and the interests of the project. In this case, the following happened to TANK: in fact, at a certain moment, a number of bloggers and in addition to them, including trained market makers, bombed this talk to $4 at the moment. And in large volumes, someone simply went into money at the expense of those who just came. That is, roughly speaking crypto bloggers,

Crypto bloggers sell signals. Is it worth participating in such signals at all or is it a roulette and why?

You May AlsoLike

Election-Themed Meme Coins Experience Price Surge Ahead of U.S. Presidential Vote

Election-Themed Meme Coins Experience Price Surge Ahead of U.S. Presidential Vote

November 4, 2024
$BC token launch

$BC Token Launch and 1 Billion $BC Airdrop: A New Era for BC.Game

November 1, 2024

– It is not recommended to participate in signals. Why? Any quick signal should work right now at this second, a person should immediately enter so that it is directly of the highest quality. And that’s why I don’t recommend participating in such signal chats at all. unless it concerns some insights, which is very rare. There is always a reason why the information reached the blogger. Basically, this is the reason most often – to make money on his subscribers or create an audience buzz around a particular topic. And there are crypto bloggers who, using insight, then write some articles, from the series that we bombed some kind of talk and in general we are cool. Then he leads the audience to some closed channels and then earned by selling this closed channel. And then they can also earn at the expense of this audience, attracting them to other projects, earning a percentage of the money raised, and most often just like that in the form of certain pools. And then there are not very good stories, as happened with TANK. This is not uncommon. Not to say that this is the only case – there are many of them on the market and, unfortunately, a lot of different experts have divorced with their channels, who directly actively earn money from their audience, not only calmly advertising something, but also taking their money, in fact, either themselves or without knowing it, go into history, where others take it from the audience this blogger. crypto bloggers That is even worse, in my opinion.

Tags: bitcoin newscrypto bloggerscrypto cyber news
Share76Tweet47
ADVERTISEMENT
Previous Post

Incident Investigation and Cyber Forensics: A Deep Dive

Next Post

Cryptocurrencies For 2022: 5 Market Dominants

James

James

James is a 33-year-old cryptocurrency enthusiast who has been involved in the industry since 2017. He has always been a keen follower of the crypto space and has experience in trading and mining cryptocurrencies. Since then, James has also written numerous articles on the subject and is passionate about sharing his knowledge and insights with others.

Related Posts

Election-Themed Meme Coins Experience Price Surge Ahead of U.S. Presidential Vote
Altcoin News

Election-Themed Meme Coins Experience Price Surge Ahead of U.S. Presidential Vote

November 4, 2024
$BC token launch
Altcoin News

$BC Token Launch and 1 Billion $BC Airdrop: A New Era for BC.Game

November 1, 2024
Why Chris Larsen's XRP Donation to Kamala Harris Matters
Altcoin News

Ripple Co-Founder Chris Larsen Backs Kamala Harris with $10M XRP Donation

October 23, 2024
Ripple Custody Growth
Altcoin News

Ripple Custody Unveils New Features to Boost Growth

October 10, 2024
Ethereum ICO Whale Offloads 19,000 ETH Worth $47M
Altcoin News

Ethereum ICO Whale Offloads 19,000 ETH Worth $47M Amid Market Uncertainty

October 4, 2024
Ripple secures approval for Dubai expansion
Altcoin News

Ripple Secures Approval For Dubai Expansion

October 3, 2024
Next Post
Cryptocurrencies For 2022: 5 Market Dominants

Cryptocurrencies For 2022: 5 Market Dominants

Discussion about this post

Live Prices

Stay Connected

You May Also Like

  • Bitcoin Halving Update: Bitwise CEO's $100k Price Projection Sparks Excitement

    Why the Bitcoin Halving Is Happening Sooner Than Anticipated

    241 shares
    Share 96 Tweet 60
  • MetaMask Ethereum Wallet Expands Support for Both Bitcoin and Solana

    199 shares
    Share 80 Tweet 50
  • March 2025 Polymarket Bets Boom for Bitcoin, XRP, ETH, AI, and DOGE – The Future of Cryptocurrency Trading!

    197 shares
    Share 79 Tweet 49
  • Dogecoin Price Forecast: When Will the Much-Awaited DOGE Bull Run Begin?

    194 shares
    Share 78 Tweet 49
  • Sparklo (SPRK): Redefining The Alternative Investment Industry

    204 shares
    Share 82 Tweet 51
  • About Us
  • Contact Us
  • Work With Us
  • Privacy Policy
  • Terms Of Service

© 2022-2024 CryptoMufasa - All Rights Reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

*By registering into our website, you agree to the Terms Of Services and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • General News
  • Beginner Guides
  • Bitcoin News
  • Ethereum News
  • Altcoin News
  • NFT News
  • Price Predictions
  • Google News

© 2022-2024 CryptoMufasa - All Rights Reserved!

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Don’t Miss Out on the Best in Crypto!

Stay ahead with a weekly digest of the top news and insights—no spam, no ads, just the essential updates delivered straight to your inbox. Subscribe now for valuable content you can trust!

johnsmith@example.com
subscribe to email

Never see this message again.