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Avoiding Scams!
Below are some common scams personally identified by team members:
- 1.Be wary of '0 Followers/following' profiles.
- 2.Watch and pay attention to profiles that claim to support friend.tech when they do that.
- 3.Watch for other bots that purchase after you to dump later, be wary if you're holding a key long-term.
- 4.Watch for 'high-follower fan count' profiles, particularly on sought-after influencers on OnlyFans and similar sites. Usually hovering around 10,000-15,000 followers, the best way to determine if an account is one of these is watching the retweets on their profile to see if you can find the main one.
- 5.Be wary of 'transaction spammers', these are a different type of bot that runs through a massive volume of transactions for a high amount of keys, making the price go up rapidly, selling them all at the same time to leave you paying much more than the key's new value. Use the 'chart' function below the number of keys requested when the profile comes up to find the trade history, and below the list of recent trades on friend.tech you should be able to know who's made purchases recently, and by how much, to determine how organic their popularity is.
- 6.More common than it should be, not everyone joins friend.tech to grow the platform. Watch the original key, the one held by the owner of the chat room. It should be the first transaction in the trade history by clicking 'Chart', either under your Active Keys or on a new profile when the bot is prompting you on how many keys you want to buy, and once you've clicked and the chart is loaded up, scroll down below the recent trades on friend.tech to find the trade history. If the owner (same key) dumps his key, the chat room gets bearish quickly. At that point I recommend selling the key before it loses the value you purchased it at. Owners have bought back their own key lower, but this is rare.