Be Excited about the rise, be wary about the scams, and loss - page 2.

Fredomago

legendary

Activity: 2996

Merit: 1054

Leading Crypto Sports Betting & Casino Platform

Quote from: BIT-BENDER on December 17, 2020, 05:06:27 AM

To everyone new reading this hope you don't have reason for your excitements to turn to regrets, I consider myself new just like you, but I am indefinitely trying to bank-in more knowledge, experience.
Amazing, exciting is not to enough to define the price of Bitcoin ATM and this news is almost everywhere, even friends of my who are not into crypto-coin are hearing of this break-off the All time highs, and as expected they want-in.
Am not saying you -Newbie- did the error to join now the price is above 20k and above the all time high, there is no bad time. But as you are excited about the price, being into crypto-coin be wary and sensitive too.

Everyone of us will always Newbie in crypto market because development in this area is continuously progressing so at any time we will have to adopt for not tobe leave behind.

Quote

+ scams: this is there time -the scammers- be sensitive about what crypto-coin you buy, where you buy them, and how you buy them.
+ the price may flip-off the exciting rising road, don't want this but except it.
+ work easy: be patient, learning and smart.

The best weapon? prevent investing from New project ,i am not saying they are all scams but majority is.
so instead of risking in those why not just Put in legit and existing currencies ,maybe the possible Profit is lower but the security and safety is higher.

LogitechMouse

legendary

Activity: 2576

Merit: 1043

Need A Campaign Manager? | Contact Little_Mouse

When there is money, there is always scammers Cheesy

.

This also happened in 2017 when scammers are swarming in the ICO and numerous scams have happened on that year and in 2018. Now 2020, scammers have swarmed the DeFi and they scammed so many investors again. This is where the knowledgeable and not ignorant investors have the upper hand. They know which are scams and which are not.

Now regarding to buying Bitcoin, knowing the basics of Technical Analysis will help you determine what will be the possible next move for Bitcoin. Losses are inevitable but having more knowledge can lessen your losses.

Latviand

full member

Activity: 1540

Merit: 219

Now that bitcoin is still making history and pushing itself into $30k mark then this is the time where criminals are more active.

Scammers are more vital in different platforms fooling and looking for someone to be their victim.

Those fake giveaways, fake schemes, fake help are the things that they are using to lure their victims to send bitcoin to them. Many newbies are unaware about this because all they want to do is to make money and deal with the market to make their investment profitable during bull run. Don't be too excited and greedy, be careful when surfing the internet especially those social media platforms.

raidarksword

member

Activity: 2044

Merit: 16

Scammers appears when bitcoin price is surging up and they come from the hole to social media platform especially facebook wherein they are spamming comments about bitcoin investments with flowery words. People without knowledge on bitcoin will certainly judge right away that bitcoin is scam because of these greedy people wanted to take the advantage of people's innocents.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

Quote from: Mrsonutiten on December 30, 2020, 12:15:51 AM

First off, all these comments are from people or are they bots? I notice even on twitter when it comes to politics, you see these accounts post comments where it sounds like a bot... then you see other users who post the same exact thing.
I assume the scam here is you then contact that persons whatsapp or phone or telegram, then they ask you for money... then you get scammed?

Those people are real people. The owner of the Youtube channel, Facebook, can pay someone or more people to comment about making money from bitcoin to attract more new people to follow their steps and join under them so they can make more money. You will see more like that in the future, especially if the bitcoin price is at the highest price, and many new people will get scam by them if they can not learn by themselves. As long as you can be careful to act on those things, you will not get scam by them, and you will have a chance to make money.

adzino

copper member

Activity: 2968

Merit: 575

www.Crypto.Games: Multiple coins, multiple games

Quote from: BIT-BENDER on December 17, 2020, 05:06:27 AM

-snip-
Am not saying you -Newbie- did the error to join now the price is above 20k and above the all time high, there is no bad time. But as you are excited about the price, being into crypto-coin be wary and sensitive too.

Don't scare them lol. There is no "wrong" time to join. As long as you didn't join to make quick profit and here for holding long term, you will be fine. I am sure they are aware that the price is "sensitive" in the market.

Quote from: BIT-BENDER on December 17, 2020, 05:06:27 AM

-snip-
+ scams: this is there time -the scammers- be sensitive about what crypto-coin you buy, where you buy them, and how you buy them.
+ the price may flip-off the exciting rising road, don't want this but except it.
+ work easy: be patient, learning and smart.

1. If you play smart, you won't be scammed. If you fall for their dumb tricks or take no cautions, you deserve to get scammed.
2. Like I said, they are probably aware of this. If they invested huge amount of money, they probably did their homework. If not, this experience is going to be a lesson for them.
3. Obvious.

Genemind

sr. member

Activity: 1596

Merit: 335

That is true, the number of scam attempts and scammers increases whenever there is a price break-out in crypto, some people fall, victims, since there are newbies that just got into crypto due to the bull-market. Just be aware of their schemes, scammers are being creative nowadays and they are finding new ways to target people, mostly who are new to crypto.

Also, do not put too much faith in any crypto, the market might be soaring high at the moment, it will fall any time soon and when it falls a huge market correction will take place and will leave those who invested out of FOMO huge losses. Enjoy the moment, but be aware.

panganib999

hero member

Activity: 1750

Merit: 589

Quote from: ?? on ??

Quote from: oktana on December 29, 2020, 06:25:17 PM

Quote from: BIT-BENDER on December 17, 2020, 05:06:27 AM

+ scams: this is there time -the scammers- be sensitive about what crypto-coin you buy, where you buy them, and how you buy them.

This is very correct. In times when the price of Bitcoin is high, there's usually this increase in number of scammer(because you may have the Bitcoin gem).
So imagine now we've a new ATH, there'll be more of them, and everyone needs to watch out so we don't fall victim in anyway!

As the price of bitcoin increases, scammers too have become rapid these days. So as much as possible, we should learn how to avoid scammers by being so cautious and wary in every transactions we make. As our excitement for bitcoin price increases, our awareness for new ways of scamming should increase too so we will not fall into losses rather than gaining more profits.

Scanmers are everywhere. They didn't care about others and how their money earned. They also didn't choose who to scam because for them thr most important things is that they will have the money. Yes. I agree to the idea of the more bitcoin value rises, the urgeness of the scammers to scam are highly possible because of the value. We all know that bitcoin is one of the best and thing today because of the new achievements but I guess the reason why they are scamming is that they are too lazy to work hard in order to earn. Yes. I also agree to the idea of be excited to the rising value of bitcoin and be aware to the increasing numbers of scammers as the value goes up.

Mrsonutiten

jr. member

Activity: 68

Merit: 1

So when I'm watching some bitcoin videos on youtube... doesn't matter what it is... could be about bitcoin or CNBC talking about bitcoin, i see in the comments section, people making comments like

btc is the future

i made a ton of money investing in btc with so and so person

then you see someone post someones whatsapp or phone number Everywhere Scammers Ready To Stole Also Facebook Instagram Twitter ETC All social media are covered by Scammers You Can See Also Ads About Crypto i Invested 10$ now my Earnings is 1000$ and say contact this person if you want to make money

telegram

how btc is better than stocks

First off, all these comments are from people or are they bots? I notice even on twitter when it comes to politics, you see these accounts post comments where it sounds like a bot... then you see other users who post the same exact thing.

I assume the scam here is you then contact that persons whatsapp or phone or telegram, then they ask you for money... then you get scammed?

bryant.coleman

legendary

Activity: 3766

Merit: 1217

I have been around here for more than 8 years and I can confirm that there will be an uptick in the scamming attempts, whenever the prices start going up. The users need to be extra careful at this point. There can be several types of scams, including phishing attempts, password stealing and identity theft. Before sending your coins, confirm multiple times that you are doing the correct step.

Nikole Fischer

newbie

Activity: 74

Merit: 0

Quote from: BIT-BENDER on December 17, 2020, 05:06:27 AM

To everyone new reading this hope you don't have reason for your excitements to turn to regrets, I consider myself new just like you, but I am indefinitely trying to bank-in more knowledge, experience.
Amazing, exciting is not to enough to define the price of Bitcoin ATM and this news is almost everywhere, even friends of my who are not into crypto-coin are hearing of this break-off the All time highs, and as expected they want-in.
Am not saying you -Newbie- did the error to join now the price is above 20k and above the all time high, there is no bad time. But as you are excited about the price, being into crypto-coin be wary and sensitive too.

+ scams: this is there time -the scammers- be sensitive about what crypto-coin you buy, where you buy them, and how you buy them.
+ the price may flip-off the exciting rising road, don't want this but except it.
+ work easy: be patient, learning and smart.

Wow, well said! This information is really useful for beginners. When I first started to get involved in bitcoin, I looked everywhere for information like this one. I think it's important to advise newbies so that they can read and learn something new

oktana

sr. member

Activity: 1680

Merit: 288

Eloncoin.org - Mars, here we come!

Quote from: BIT-BENDER on December 17, 2020, 05:06:27 AM

+ scams: this is there time -the scammers- be sensitive about what crypto-coin you buy, where you buy them, and how you buy them.

This is very correct. In times when the price of Bitcoin is high, there's usually this increase in number of scammer(because you may have the Bitcoin gem).
So imagine now we've a new ATH, there'll be more of them, and everyone needs to watch out so we don't fall victim in anyway!

Yatsan

legendary

Activity: 2576

Merit: 1252

Leading Crypto Sports Betting & Casino Platform

It is already expected that together or along with the hype of people upon engaging into purchasing or investing with Bitcoin, there are certain associated risks that can come over which includes those scammers spamming around those newbies or potential investors fooling them around of what they supposedly do like teaching them an easy and understandable way on how they can purchase or invest Bitcoin speaking like a negotiator or middle man to those newbies and turns out to be slowly getting their money for their own personal use. They are taking advantage of the hype so it is expected to happen. You just need to embrace yourself if you were just new not to fall into those schemes and be aware of the possibilities that you might encounter such happenings along the way.

fishbonez11

full member

Activity: 322

Merit: 116

A lot of scams are coming in the name of Bitcoin. They going along with bull run. This is the downside of bitcoin, anyone can easily take advantage of people by using Bitcoin. Since there is a hype going on, people got curious and when hearing about bitcoin they becoming willing to risk. Last month, people got scammed in my place, 4 million Dollars where easily taken away from the people. They were decieved that their money will be invested on Bitcoin but the truth is they just use the name to gather more investment.

CarnagexD

sr. member

Activity: 1498

Merit: 374

Leading Crypto Sports Betting & Casino Platform

A really good heads-up and reality check for people who are into cryptocurrency for a quick buck which in theory is something that can be achieved. However, few are only able to take advantage of this. That being said, knowledge still would beat anything, so arm yourselves with it, and you're sure to thrive and survive in the cryptocurrency industry.

Quote from: Krislaw on December 28, 2020, 05:28:19 PM

Scams can't be stopped 100%, there will still be some newcomers that aren't aware of all the scam methods these scammers have plotted. Scam like the ones on twitter are looking more legit, people now buy verified twitter account to post scam link. Such is very easy to believe.
I also received an email with a phishing link from a fake ledger email. I'll make a post on it

But people who get scammed can be lessened. As I have mentioned above, knowledge beats anything. Including scammers. So if you're a newbie to the industry yourself, please arm your selves with knowledge so you don't do the same mistakes we did in the past.

jademaxsuy

full member

Activity: 924

Merit: 221

There are some people that are unaware of the things that happen around and they only get to know it when they became a victim of scam and fraud activities. There are many of it as stated in the OP and that we should help them aware by making some precautions regarding on some activities like fake giveaways using known personalities, companies like exchanges that are fake. Remember that if it is too good to be true then most likely that is a scam.

chanler

member

Activity: 753

Merit: 15

mulierum.com

The scam is one thing that is actually like glue in the crypto world, we cannot remove it, but we can avoid it as long as we know how to analyze them. Scams failed projects, and also FOMO of hype coins may cause any loss. That is why we must be more careful every time we want to invest or take profits of any coins.
Soemtimes, there are some other problems that people face in the crypto world, related to greediness and also paniuc besiudes the existence of the scams and also theriks of loss.
The two emotional codnitions lead the risks of loss higher and higher again time to time.

Krislaw

sr. member

Activity: 1204

Merit: 388

Scams can't be stopped 100%, there will still be some newcomers that aren't aware of all the scam methods these scammers have plotted. Scam like the ones on twitter are looking more legit, people now buy verified twitter account to post scam link. Such is very easy to believe.
I also received an email with a phishing link from a fake ledger email. I'll make a post on it

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: Zionatin on December 23, 2020, 03:05:45 PM

People need to stop blaming scammers when they feed them constantly ensuring they come back. I can understand that some of the more advanced scams you can fall for I am not talking about those. I am talking about the 99% other obvious scams people insist on supporting. Imagine if people stopped investing in scams and invested in legit companies instead? It is very disheartening to watch.

It is obvious they share a great deal of the responsibility as well so do not think that I am defending them, however as stated before a great deal of the fault lies also in the way marketing presents a product and service, as you may have guessed because of this bull run my friends that knew that I was into crypto have come to me for advice, but why?

Did they changed their posture and now believe that a currency not controlled by the government and that cannot be inflated at will is a good option? Of course not, they want to invest because they want to make some quick profits, so they have their expectations warped by the marketing and even if someone that knows that is too difficult like us warns them they will ignore us and listen to the scammers that promise to make their wish come true and against that we cannot really compete.

Zionatin

sr. member

Activity: 906

Merit: 263

People need to stop blaming scammers when they feed them constantly ensuring they come back. I can understand that some of the more advanced scams you can fall for I am not talking about those. I am talking about the 99% other obvious scams people insist on supporting. Imagine if people stopped investing in scams and invested in legit companies instead? It is very disheartening to watch.

Topic: Be Excited about the rise, be wary about the scams, and loss - page 2. (Read 749 times)