What if I told you these are all scammers?

📚 Crypto Researchers
🧠 Crypto Thoughts Leaders
📸 Crypto Influencers

The 3C’s.

I admit that's a little harsh. Not everyone is a scammer so don't quote me on that.

But hey, hear me out 👂

Here are the facts:

#1 Everyone has intentions. Everyone has their own agenda.

Fair game.

My intention with this newsletter is to get your attention👋

The intent of the 3C's is to extract value from the market💰

The market = You + Me + Our friends + Our family + People we don't like + Bots (maybe🤷‍♂️)

#2 Wealth is built off the 'greater fool theory'

Once again, fair game.

In a zero sum environment, someone must lose for someone to gain.

When the 3C's share a project on Twitter, here’s what usually happens.

• 👍 they convince you to buy

• 📈 if people listen, that brings the price up

• 🧠 they use the price movement as validation of their genius recommendations

• 💰 price goes up, potential profits goes up

• 💸 the 3C’s start selling and cashing out

• 🙄 last people to sell loses the most

#3 Alpha groups create FOMO through information scarcity

What are alpha groups anyway?

A source for first dips on a project's launch, basically first movers.

The demand for access comes for the desire to be first movers, and the enticement of potential profits that a first mover would usually have.

Here’s the secret nobody tell you.
Doesn’t matter what group you are in in, last to sell still loses 🙄🙄🙄
(A.K.A Exit Liquidity)

So you aren't always doing yourself any favours FOMOing into anything.

#4 Its easy to trust when you don't know any better

Common narratives:

• 'He made some good money, he must be right!'

• 'She's got 100k followers, they can't all be fools'

• 'Staking, utility, airdrops, how can it go wrong? So much win!'

• 'The community is so nice, I trust them'

🙋‍♂️I'm like that too. We are only human.

As the wise old CZ said ‘don’t trust, verify’.

Here's the hard truth about the 3C's.

They are still invaluable sources of information.

They...
📘 Help you discover new projects
🔓 Unlock knowledge about complex concepts
🗞️ Curate a tsunami of information on the internet

So what's the issue then?!?!

YOU. US. WE are the issue!

We are too quick to trust.

Maybe because we are lazy? Maybe it's greed? There’s always a lure and a weakness to exploit.

Ar yes, but not all is lost.

I can tell you jumping out of 10 storey building won't kill you.
But aren’t you more rational than that?

What if applied that same level of rationality with decisions we make in Crypto?

Here's how you can start being more rational.

• Level up your financial knowledge, Investopedia is great place to start.

• DeFi is permissionless TradFi after all.

• Don’t trust, verify. If you’re not sure, don’t do it, yet.

• Know what to look out for and learn to identify scams using Etherscan to verify the correct contract addresses.

• Use tools like Pocket Universe that scans contracts for malicious code before you interact with them.

• Absorb information with curiosity, not greed. Prioritise knowledge growth > gains.