“Little Entry Ticket” Scam: Why $50 Can Ruin Your Trading Career
I don’t think there’s a single reader here who hasn’t come across this type of scam.
You know the story: “The next BTC! The next ETH! Entry only $50.”
At first sight, it doesn’t even feel dangerous. So what if you lose $50? That’s a few beers on a terrace.
But here’s the problem: it’s not about the money — it’s about your mindset.
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How It Works
1. The promise: “Early entry into the next big coin.”
2. The hook: the price of admission is low — $50 or $100, something anyone can afford to lose
3. The thought trap: “I can’t lose much… but what if it moons?”
4. The harvest: thousands of people fall for it, and the scammer collects a fortune.
5. The ending: the token dies, liquidity vanishes, and your “lottery ticket” is worthless.
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Why It’s Dangerous
It’s not dangerous because you’ll lose $50.
It’s dangerous because it sets your brain on the wrong track.
• Instead of thinking in terms of probabilities and risk management, you start thinking in terms of what if.
• Instead of trading or investing, you’re gambling.
• And once your mindset shifts that way, you’ll chase “cheap tickets” over and over, until the small losses pile up — or worse, you start adding bigger amounts hoping for that one lucky hit.
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Final Note
Trading or investing isn’t about lottery tickets. It’s about discipline, probabilities, and outcomes.
If you find yourself drawn into a “little entry” scam, remember: the real danger is not losing $50 — it’s losing your focus, your discipline, and eventually your trading career.
source https://www.tradingview.com/chart/SOLUSD/rxTLJyRw-Little-Entry-Ticket-Scam-Why-50-Can-Ruin-Your-Trading-Career/
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