Topic: Bitcoin Rising, Scams Rising - page 14. (Read 2639 times)
This is not something new, since bitcoin was created it had been a way for some scammers to get people's hard earned money. Cryptocurrency is their best resort due to it's decentralization and anonymity. With it, they can easily steal and escape without even getting their real identity disclosed. As long as you know how to secure your funds and what to avoid in crypto for you not to be scammed, there's not much to worry. Just stay safe everytime.
Well that was really already been expected, that when tge bitcoin rise scammers will also increase, maybe bitcoin is the most amazing coin that can really give us a huge amount of profit and scammers know that the people will really trust bitcoin that is why they use bitcoin to SCAM other so that they can get easy money, that is why we need to be more careful on it.
With the continuing trend of an upward Bitcoin price, we should be expecting more and more incentives for scammers, hackers, phishers and similar people to be trying their best luring people out of their hard-earned money by promising them returns of investment with sky-is-the-limit proportions. And with new people coming in to the world of cryptocurrency, there can be many who can easily fall victims to different schemes leaving participants with empty bags later and some blaming Bitcoin for their predicaments. Newbies and even veterans alike should be careful at all times and always remember that if something is too good to be true then most probably it is...
It is sad that for people in the media any scam that uses Bitcoin as the medium of exchange or currency is labeled as Bitcoin scam but when a scam is using the fiat money it is not in anyway called as the Dollar scam.
Have you been a victim of an elaborate cryptocurrency-related scam that cost you some money? Please share some details here so we can all learn from each other's mistakes...
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