The Day I Learned the Hard Way About Crypto Scams

I didn’t grow up with money. So when I finally started earning a decent income and saved up a bit, I wanted to make it work harder for me. Like many people in 2021, I got swept up in the crypto wave. Every headline was about people making life-changing gains, and every YouTube video promised strategies to "get in early" before the next big token took off.

One night, I was scrolling through X and came across this coin called “SolarFlare.” It was everywhere. Influencers I thought were legit were hyping it, claiming it was the next 100x gem. Telegram groups were buzzing with price predictions, charts, and “inside info.” I didn’t want to miss out—so I bought in. Fast.

At first, it felt amazing. My investment doubled in less than a day. I started thinking maybe this was how people made it in crypto—quick moves, big rewards.

But within 48 hours, everything collapsed.

The hype died. The price tanked. The same people who were shouting “Buy now!” had disappeared, deleted their posts, or moved on to promoting the next coin. I tried to hold, thinking it might bounce back. It never did.

I lost most of what I’d put in. It wasn’t millions—but it was enough to hurt.

That moment taught me more than any whitepaper or blog post could. I realized that the crypto world has real innovation—but also real traps. That people will use hype to manipulate others for profit. And that education, not emotion, has to drive your decisions in this space.

That’s why I wrote this post. To help you avoid the same mistake. To break down pump-and-dump schemes in plain language. And to show you how to build or invest in crypto projects with integrity—because in this space, doing things the right way matters more than ever. For more and better understanding. read out this blog
https://blog.deploytokens.com/blog/avoid-pump-and-dump-crypto-token/