A bull market is a time when scammers catch greedy investors. The rule or bait “Buy now, otherwise you will be late” works for scammers. The deadline is set very short so that the person does not have the opportunity to soberly evaluate either the project or the proposed deal that promises large interest rates. Therefore, now is precisely the time when decisions to do something with your finances should, on the contrary, be checked very slowly and carefully. Don't chase high percentages; ask yourself why anyone would give away something that brings good profit to the owner. And would you do the same?
It is in chasing bigger profits that lead us to get scammed in the process. Instead, focus more on the security of your coins and guard your wallet 24/7, otherwise once you lost them all, all your capital and efforts will go into waste. While trading is more profitable in this bullish season, but scamming as well gets more rapid when everyone else is excited to get profits in the market. The safest way is to get well-informed and be more precise in your decision making, security of your investment is more crucial rather than taking profits this time, or you can guard them both. 
Topic: Do the needful this period and save yourself stress and heartbreak (Read 417 times)
March 19, 2024, 07:00:41 PM
Mostly, they just wait for the bitcoins to be on the headlines again and when that happens, they quickly execute their plan sometimes they hack some popular influencers to promote their scams and that's exactly what happened in the last few years and lots of people get scammed by that. Now we are at the time where bitcoins will be all over the news once again because of the hype, we need not be the only ones who will take heed and be vigilant but we need to warn our friends and families as well because they are too hyped when they see it because they are mostly probably newbies and easily become victims to those scammers.
March 19, 2024, 06:03:16 PM
At times doing nothing is a far better solutions than trying to be smart. I'll suggest we just buy Bitcoin, hold and not do anything untill the bull market is done. Lets consider every opportunity we see as a scam and not pick interest in any of them. Ignoring everything that isn't Bitcoin is the perfect strategy to use in outsmarting the scammers.
I agree with you, but then there is nothing wrong if someone tries to maximize their profits by making good use of the bull run if they know they can do enough research and find projects that they know are going to earn them at least some profit during the bull run. Staying away from altcoins and focusing only on Bitcoin is a good option for people who know they aren't good with the market in general and they can barely understand much about altcoins.
If I have already invested in Bitcoin, but still have some funds kept as spare that I want to use as well, and I know that I understand the market very well, I can do some research and invest that money in projects that have good potential. There are a lot of altcoins that are good.
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March 19, 2024, 05:57:53 PM
All these and many more happen during this period so it would be nice for every newbie and know what to do to avoid such stories especially for the aspect of saving or keeping your coins on exchanges
Newbies need to stay informed, as when you're joining a new industry you have to stay updated with how things are going on in the market. If you're a newbie on the forum don't be shy to ask questions and stay login as information will be disclosed regularly on the forum that can save you from becoming a victim yourself to this scams. What were experiencing right now is a tip of the iceberg as things will be more intense as the bull market continues. The scams aren't much different from what has been happening in the past so you can easily spot them. Do some research and not stay ignorant or in the dark and you won't be a victim to the scams
Quote
Let's all stay smart out there and avoid getting entangled in any scam event and be always be on guard that these are trial time for those that refuse to learn and heed to advice.
At times doing nothing is a far better solutions than trying to be smart. I'll suggest we just buy Bitcoin, hold and not do anything untill the bull market is done. Lets consider every opportunity we see as a scam and not pick interest in any of them. Ignoring everything that isn't Bitcoin is the perfect strategy to use in outsmarting the scammers.
March 19, 2024, 11:47:35 AM
Quote from: Findingnemo
Scams exist in the crypto market irrespective of bull or bear market but most of the newbies enter the market in the bull season which could be the reason why the number of scams is high during the bull run. The friendly remainder is going to be effective, I don't think so because the people who really do their research before risking their money will be cautious and one who just blindly jumps in will learn the lesson in hard ways.
And there are still some newbies who are still allow all those scammers to deceive them to make money from them during bear run or bull run and, it will make newbies not to believe in anybody that is trying to help them to start making profits like them if they will be able to follow the due process that attract the profit.I guess those who understand the bull run has taken a big profit from the bull run and those that newly enter the business was afraid to take profits when the price hit $50k because they thought that the price will not pump higher more than $50k.
March 15, 2024, 01:34:01 PM
And this period comes with alot of significance because a whole load of shit normally happen during this period like
- hackers striving to get to as many victims as they can
All these and many more happen during this period so it would be nice for every newbie and know what to do to avoid such stories especially for the aspect of saving or keeping your coins on exchanges.
Timing wouldn't be any better, if anything this advice isn't limited to newbie's as even veterans do fall for such scams and we should all own up and take extra care of our crypto assets to avoid falling victim to such, when all information of how to protect ourselves is readily available.Let's all stay smart out there and avoid getting entangled in any scam event and be always be on guard that these are trial time for those that refuse to learn and heed to advice.
Agreed, another great point which should open our minds to learn new things especially in the territory of security of our crypto assets 
March 15, 2024, 09:47:41 AM
note: just a quick reminder
And this period comes with alot of significance because a whole load of shit normally happen during this period like
And this period comes with alot of significance because a whole load of shit normally happen during this period like
- crazy scam altcoins projects
- exchanges bringing up stories about being hacked
- hackers striving to get to as many victims as they can
- scam traders flaunting their progress to lure novice into trading of their coins
Thanks for the warning. The market is about to go bullish, many entrants coming into the space are not knowledgeable to avoid some of the tricks used by scammers. There are many phishing links flying around and fake projects are on the rise. Just yesterday, after it was announced that Apple had acquired a Canadian AI started up DarwinAI, I came across a fake token called DarwinAI being shilled on X to deceive and scam unsuspecting users. We are in a season when there's an increase in scams and we need to be extra careful.
March 15, 2024, 06:49:20 AM
Op nice one, obviously a lot usually happen this period if you have been in this space for years, you must have learned from experience or from what you saw happen to others in the industry, but for newbies in this space, you must take note of these measures to protect yourself and don't wait until when it will happen to you, especially when it comes to storage of cryptos on centralized exchanges platforms, anything can happen, and it will be shocked to you how you would lose your entire funds.
March 15, 2024, 04:38:00 AM
note: just a quick reminder
And this period comes with alot of significance because a whole load of shit normally happen during this period like
I always see such projects with massive pump, that leure people into investing on shit. but I stay clear from it because I was once a victim.And this period comes with alot of significance because a whole load of shit normally happen during this period like
- crazy scam altcoins projects
- exchanges bringing up stories about being hacked
- hackers striving to get to as many victims as they can
- scam traders flaunting their progress to lure novice into trading of their coins
March 15, 2024, 02:55:33 AM
As a matter of fact, newbies should have already known these basic dangers in cryptocurrency even before they started buying Bitcoin. It would be dangerous or perhaps even too late in certain cases if it's the other way around. I think being aware of these is a prerequisite.
For example, before a newbie actually invests money in Bitcoin, he/she should have already known that exchanges aren't a place to store his/her coins. Or a newbie isn't ripe yet for investing if he/she is still easily swayed by the enticing yet fake promotions of shitcoins such as their promised growth.
And, if I may add, these fraud and scams are active all the time, not just during bullish seasons.
For example, before a newbie actually invests money in Bitcoin, he/she should have already known that exchanges aren't a place to store his/her coins. Or a newbie isn't ripe yet for investing if he/she is still easily swayed by the enticing yet fake promotions of shitcoins such as their promised growth.
And, if I may add, these fraud and scams are active all the time, not just during bullish seasons.
Well Said, I don't have full knowledge about cryptocurrency I'm still hoping to acquire the knowledge before looking out to make investment,as a newbie I don't think is a right decision for you to invest on something that you don't even have a single idea of.however most of the newbies the reason why they get scam is because they don't take one step at a time, probably when they saw people testifying on the investment they made,most of the newbie if they saw this testimony they might decide to give it a try without even knowing that it takes a lot of their time to learn how to invest, in the process of trying they might end up been scammed, as a result of being curious to get profited unlike others.
March 14, 2024, 09:54:37 PM
As a matter of fact, newbies should have already known these basic dangers in cryptocurrency even before they started buying Bitcoin. It would be dangerous or perhaps even too late in certain cases if it's the other way around. I think being aware of these is a prerequisite.
For example, before a newbie actually invests money in Bitcoin, he/she should have already known that exchanges aren't a place to store his/her coins. Or a newbie isn't ripe yet for investing if he/she is still easily swayed by the enticing yet fake promotions of shitcoins such as their promised growth.
And, if I may add, these fraud and scams are active all the time, not just during bullish seasons.
For example, before a newbie actually invests money in Bitcoin, he/she should have already known that exchanges aren't a place to store his/her coins. Or a newbie isn't ripe yet for investing if he/she is still easily swayed by the enticing yet fake promotions of shitcoins such as their promised growth.
And, if I may add, these fraud and scams are active all the time, not just during bullish seasons.
March 14, 2024, 07:51:15 PM
Such a good reminder. The emotions are very much high at this rate when everything seems to be increasing and that's why we need to guard ourselves from various modus that are in the market and community.
That's true, they are all targeting newbies that have no idea about the market and making it look like they're experts. They're always there when the bull run is there and tha's why many of the newbies are being introduced to the wrong projects because they're all projecting the returns instead of the project itself and what are the fundamentals and what it is aiming in the long run. Most of them are paid to shill and that's why many are wrongly directed to the market and they all(newbies) ended up losing money because they thought that these crypto evangelists are for real but they're just mere influencers that are paid to endorse projects that they'd get commissions for each guy they refer or signs under their links.
scam traders flaunting their progress to lure novice into trading of their coins
This is one of the most common scam going round at all he moment, during every bull run almost everyone is an expert in crypto or a great analyst. Many scammers create signal groups on social media and post some set of Altcoins that would pump and since it’s bull run this potential victims see the result and continue following the scammers until they develop there own scam token and advice their followers to put their funds on it and then they rug pull. This is very common and this is an old scam that I don’t think will end anytime soon as long as people find a way to get some tokens that pump they will continue to be lured to this scammers 
March 14, 2024, 07:11:42 PM
- scam traders flaunting their progress to lure novice into trading of their coins
This is one of the most common scam going round at all he moment, during every bull run almost everyone is an expert in crypto or a great analyst. Many scammers create signal groups on social media and post some set of Altcoins that would pump and since it’s bull run this potential victims see the result and continue following the scammers until they develop there own scam token and advice their followers to put their funds on it and then they rug pull. This is very common and this is an old scam that I don’t think will end anytime soon as long as people find a way to get some tokens that pump they will continue to be lured to this scammers
March 14, 2024, 06:48:22 PM
And this period comes with alot of significance because a whole load of shit normally happen during this period like [...]
All these and many more happen during this period so it would be nice for every newbie and know what to do to avoid such stories especially for the aspect of saving or keeping your coins on exchanges.
With the tips and guidance that we do our best to provide to beginners and by highlighting the huge risks and losses they will be exposed to, this will undoubtedly benefit the largest group of them and make them wary of falling prey to these bloodsucking scammers. These scammers know exactly what they are doing and who they are targeting. Therefore, those with good experience and who follow the advice and the security guidelines that make their crypto safe are the ones who will survive during this period in which the cryptocurrency market is flourishing, and fraud is widespread. All these and many more happen during this period so it would be nice for every newbie and know what to do to avoid such stories especially for the aspect of saving or keeping your coins on exchanges.
Those who invest in new altcoin projects almost and follow the recommendations of analysts without doing their own research, or those who use unknown exchange platforms and hold their coins on any CEX or use platforms that promise a high APY, or whoever participates in airdrops with their primary wallets will certainly not be on the safe side. Therefore, any investor or trader must be careful about his holdings and the security of his devices and wallets, as one mistake he may commit may expose him to regret for the rest of his life.
March 14, 2024, 06:13:11 AM
note: just a quick reminder
The bull market is here once more and we can definitely see the effect it has on folks that HODL and others that are weary in a haste to sell off their coins due to FOMO and also others that were doubtful are still going crazy looking for huge funds to invest in Bitcoin for particularly the same reasons.
And this period comes with alot of significance because a whole load of shit normally happen during this period like
All these and many more happen during this period so it would be nice for every newbie and know what to do to avoid such stories especially for the aspect of saving or keeping your coins on exchanges.
Let's all stay smart out there and avoid getting entangled in any scam event and be always be on guard that these are trial time for those that refuse to learn and heed to advice.
In the past years in crypto space, I have heard about stories of inside jobs on crypto exchanges where they lied that they got hacked but it's all a big cinema to them, they plan the whole thing themselves, to either avoid bankruptcy or they just want to steal money from their customers.The bull market is here once more and we can definitely see the effect it has on folks that HODL and others that are weary in a haste to sell off their coins due to FOMO and also others that were doubtful are still going crazy looking for huge funds to invest in Bitcoin for particularly the same reasons.
And this period comes with alot of significance because a whole load of shit normally happen during this period like
- crazy scam altcoins projects
- exchanges bringing up stories about being hacked
- hackers striving to get to as many victims as they can
- scam traders flaunting their progress to lure novice into trading of their coins
All these and many more happen during this period so it would be nice for every newbie and know what to do to avoid such stories especially for the aspect of saving or keeping your coins on exchanges.
Let's all stay smart out there and avoid getting entangled in any scam event and be always be on guard that these are trial time for those that refuse to learn and heed to advice.
Though there is no genuine evidence that this is really happening but they way it happened just make it look so, it's good advice when beginners are warned to never leave their digital assets on any crypto exchanges, you will never know when something bad will happen to any centralized exchange.
Also, greed has a lot of contributions to every scams, if you listen to strangers in the crypto space, you probably think that they have something to offer too, if you see tokens you don't buy in your crypto wallet, it's greed that makes you want to claim it, everything is connected to greed.
March 13, 2024, 06:58:38 PM
A bull market is a time when scammers catch greedy investors. The rule or bait “Buy now, otherwise you will be late” works for scammers. The deadline is set very short so that the person does not have the opportunity to soberly evaluate either the project or the proposed deal that promises large interest rates. Therefore, now is precisely the time when decisions to do something with your finances should, on the contrary, be checked very slowly and carefully. Don't chase high percentages; ask yourself why anyone would give away something that brings good profit to the owner. And would you do the same?
Greed is what makes every scam a possibility. That’s why a lot of scammers are hunting mostly newbies because for certain reason, newbies find it hard to resist their greed. However, not all newbies can easily fall as victims to scammers, because apparently, some newbies these days are smart enough to prevent theirselves from being scammed in all means.But with this bullish season, scamming becomes rampant again. This is the best time not just to maximize our investment portfolio, but to focus more on bitcoin and avoid risky altcoins, that is the safest way to stay off scams. And as much as possible, control one’s greed as it could only lead to huge losses at the end of the day.
March 13, 2024, 06:55:54 PM
Let's all stay smart out there and avoid getting entangled in any scam event and be always be on guard that these are trial time for those that refuse to learn and heed to advice.
There is always a time like this in the crypto space, and those who ignore advice are usually caught in the cycle of regretting their actions after being duped out of their money. One thing I've noticed that newbies don't understand right away is that cryptocurrency isn't a place to make quick money, but rather to learn how to invest before reaping the benefits. It's not a quick money scheme. This mindset causes them to fall for cheap projects with enticing offers in order to trick their victims into believing them. If you're a newbie with this kind of mindset, you have to be more careful because they know how to get you to fall for their traps.
March 13, 2024, 06:46:12 PM
- This thread is indeed an important thread to remind us some important precautions we need to take to Avalon been scammed or fall victim of losing money in the market due to ignorance or lack of knowledge and orientation.
- crazy scam altcoins projects
- exchanges bringing up stories about being hacked
- hackers striving to get to as many victims as they can
- scam traders flaunting their progress to lure novice into trading of their coins
March 13, 2024, 06:31:07 PM
Op really the time has come again for them to do their evil things again and their targeted audience are from the social media platforms and the father social for their target audience are telegram and Facebook. I add a very serious quarrel with some them few days back and because that they refused to tag me again when posting on Facebook. One of them was selling a Toyota Corolla and asked me to pay with bitcoin and I told him that he is a scammer and he blocked me in sharp (immediately).
Op this is a very good warning for all of us. This the time for the scammers to make money from the novice. Don't be novice and always know the real dealers from the fake ones.
Op this is a very good warning for all of us. This the time for the scammers to make money from the novice. Don't be novice and always know the real dealers from the fake ones.
March 11, 2024, 09:27:23 AM
I believe this is the major reason why people don't invest in bitcoin. Even with all the fear and scam people can still invest and remain safe from scammers, hearing stories like this with new altcoin projects, FOMO etc I think victims should be blamed, why thinking of new projects always and surprising this is the time most investors engage in newly project, I see alot of newly projects pumping in luring investors to buy all in the name of the bull market.
This is an invaluable experience that will be remembered for a lifetime.
Beginners, due to the specific nature of their inexperience, can't know enough to know the location of all the “shit pits” in this cryptoindustry.
Exactly, every investor will have different experience to share when talking about their bitcoin journey, such experience is just a wake up call to be strong and smart when dealing with cryptocurrencies. The word initiation is just too perfect and it seems there's no going back but instead learning from previous mistakes makes an investor intelligent.
All these and many more happen during this period so it would be nice for every newbie and know what to do to avoid such stories especially for the aspect of saving or keeping your coins on exchanges.
Beginners are doomed to get into similar “stories” and this can be considered a “baptism of fire” or “initiation” into the world of cryptocurrencies. This is an invaluable experience that will be remembered for a lifetime.Beginners, due to the specific nature of their inexperience, can't know enough to know the location of all the “
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