BOSS: The Algorithm II
Lesson 12 of 12 in our free Crypto, Hype & Finfluencers guide: a 5-minute money game with the key points below.
This lesson is in the full version.
Free with a code from your uni, college, council, landlord or employer (worth £600/year). Lesson 1 of Crypto, Hype & Finfluencers is free for everyone.
Got a code? Unlock this lesson
Questions you'll answer
Ronnie claims 50% a month. Starting from £100, what would that be after 12 months if it were real?
You already sent Ronnie £100 of crypto. Best move?
Quick facts
- 'This coin will 100x by Friday, link in bio' → Hype or scam. Wild promise plus link = classic.
- 'Here's why most people lose money day trading' → Useful. Honest about risk.
- Deepfake of a famous entrepreneur 'giving away' crypto → Hype or scam. Giveaways that need you to send first are scams.
- 'How to check a firm on the FCA register' → Useful. Practical, free, protective.
- 'Use 50x leverage to grow a small account fast' → Hype or scam. A 2% drop wipes you out.
- Red flag: “Loved your comment, you seem smart.” — Flattery from a stranger.
- Red flag: “I'll personally trade for you, 50% a month,” — Impossible returns.
- Red flag: “just send crypto to my wallet” — Sending to a personal wallet = gone.
- Red flag: “and I'll show you profits on my dashboard.” — Fake dashboards show made-up gains.
- Red flag: “Withdraw any time (small unlock fee).” — 'Unlock fees' are how they take even more.
