It isnt about real and fake anymore like it used to be 10 years ago.
There is no such thing as a liquid ANY-oral (Dbol, Nolva, Clen) if you mean pharmaceutically or commercially. But some companies suspend the 'pure' powder of these oral drugs in a liquid for ease of delivery, ease of manufacture and importantly quite often to bypass certain loopholes in the law pertaining to the manufacture and sale of such drugs. That is to say, claiming they are research chemicals not for human consumption.
Now if a stupid 23 year old wannabe Bodybuilder is dumb enough to drink said product thinking they will illicit some sort of growth response - well they cant help that can they, they marked it clearly...
Does that answer your question?
Now, what does it take to be considered real or fake in your book?