Every man you failed to lecture about Bitcoin can be a victim to scam - page 3.

davis196

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Now he is a victim to a WhatsApp group that opened a exchange and told him to invest through them, I never knew he had up to $3000 for investment, he never sound like someone who is ready to invest a lot and secondly I thought he was a time waster, now he can't withdraw his Bitcoin from the fake exchange.

Do you really think that he will put the blame on you for his stupid decision?
Did you told him to "invest" his savings in that particular "crypto exchange?
I think that your friend is a victim of his own greed.
Why is it so hard to tell these three things to all crypto noobs:
1.Never trust centralized exchanges or crypto companies in general.
2.Always do your own research before putting your money somewhere.
3.Use a cold wallet instead of a hot wallet(explain them the difference between cold and hot wallets).
I'm sure that 99% of the crypto noobs are smart enough to understand these core principles.

arwin100

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Quote from: eightdots on November 13, 2023, 02:46:43 PM

Quote from: KiaKia on November 13, 2023, 09:26:40 AM

Whenever someone come asking me about Bitcoin I sometimes look at them as another victim to scammer, at least before they learn, and that's even if they choose to stay after they get scammed, such category of people only know how to quit, I think this way because people only what to hear the good side of investment and not the bad and risky side.

Something happened to someone who is not very close, I remember he came to me asking me about Bitcoin and how to get involved, I remember it was a bad timing for me and I told him to go online and do his own research.

Now he is a victim to a WhatsApp group that opened a exchange and told him to invest through them, I never knew he had up to $3000 for investment, he never sound like someone who is ready to invest a lot and secondly I thought he was a time waster, now he can't withdraw his Bitcoin from the fake exchange.

I am thinking that leaving behind and not teaching people can make them a prey to scammers, if I have just thought him the right things about Bitcoin he might have not get scammed.

No matter how much you tell others to do their research about Bitcoin some are not very good at it, call it illiteracy or other but it is what it is, should we start turning those who are not so good with finding answers away? Is that a right thing to do? I don't even know why I am feeling bad for this person, I could have saved him though.

Sometimes we can be busy and cannot provide appropriate answers to people who ask us questions. If we want to direct them to get answers from something else, we have to tell them the things they will get answers from. Although it seems like everyone has an opinion on every subject, many people actually know nothing about the things they think they know. That's why we shouldn't shy away from helping people.

We need to be more careful not to cause some people to lose all their savings. Sometimes just 5 minutes can prevent someone from being deceived or defrauded.

That's right that's why they should do further research regarding on those information they want to learn since doing shortcuts on everything related to crypto currency will lead them to something that they might regret at the end. There's nothing wrong if they would ask to other people who knows about it if they see us busy so that no scamming incident will happen to them. But for so many scams around and we don't know which of those are truly legit for sure they will still fall on scammers trap so if they experience this maybe they should learn a valuable lesson so that next time they can do more better job on their next investment.

Also if they are not really sure about the investments they are deciding to participate they can continue to reach us and they shouldn't get shy for asking information since as long it can help for sure we can spend some little time to make them understand about those risk they wanna try to come with those investments especially on new token launch in the market.

Adams0001

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Quote from: Davidvictorson on November 13, 2023, 01:50:53 PM

Quote from: KiaKia on November 13, 2023, 09:26:40 AM

No matter how much you tell others to do their research about Bitcoin some are not very good at it, call it illiteracy or other but it is what it is, should we start turning those who are not so good with finding answers away? Is that a right thing to do? I don't even know why I am feeling bad for this person, I could have saved him though.

Do not feel bad about it. It is no fault of yours.
If someone asks you about bitcoin, tell them about it. If you are too busy, collect their number or email and send them resources to get them started. Do not flood them with hard to understand resources so it doesn't scare them off. At this age and time any one who is a victim of scam, its their fault. In my local language, there is a proverb that says, you cannot lose your way if you ask questions. Sorry but your friend got scammed out of the greed in his heart. Always ask questions.

Exactly, you can blame yourself because someone falls victim, if he is ready to learn and is serious about it, he will try and come to you and you will guide him about it, but some people are not ready to learn and most of them are the ones falling to scammers because they cheat them because they don't know anything about bitcoin and they can send there details to scammers and that will make it easier to get there fund, so the best thing to do if someone is interested to invest in bitcoin, just tell him the procedure you used to learn about Bitcoin because there are many places to learn and if he is serious, he will learn everything there is to know about bitcoin at learnmeabitcoin. Because that is the first thing I come across and you will learn a lot about bitcoin, any newcomers who are interested in bitcoin should go and research on it and he will be more easy for him.

Ale88

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Quote from: KiaKia on November 13, 2023, 09:26:40 AM

Something happened to someone who is not very close, I remember he came to me asking me about Bitcoin and how to get involved, I remember it was a bad timing for me and I told him to go online and do his own research.

Now he is a victim to a WhatsApp group that opened a exchange and told him to invest through them, I never knew he had up to $3000 for investment, he never sound like someone who is ready to invest a lot and secondly I thought he was a time waster, now he can't withdraw his Bitcoin from the fake exchange.

I am thinking that leaving behind and not teaching people can make them a prey to scammers, if I have just thought him the right things about Bitcoin he might have not get scammed.

No matter how much you tell others to do their research about Bitcoin some are not very good at it, call it illiteracy or other but it is what it is, should we start turning those who are not so good with finding answers away? Is that a right thing to do? I don't even know why I am feeling bad for this person, I could have saved him though.

I guess we are talking about adults, people who are supposed to know how the world works. If they want to invest in something they don't know/don't understand without even doing a proper research, it's kind of difficult to feel pity for them. Of course scamming people is wrong but if you're putting your money somewhere then do more research, try to be sure about what you're doing instead of always looking for a shorcut.

Y3shot

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I think to every beginner bitcoin seems to be broad which they only understand things gradually , I think it is very important to useful to enlighten every beginner because they do not know all and they can be easily manipulated by scammers. People who knows about the strategy of scammers got understanding by their own personal experience which they became victims or they already got good orientation from people who are already in the system. Spreading knowledge to beginners will really help them not fall into the hand of scammers or things that can make them to lose their money in Bitcoin investment.

Rivaldine

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The peeps left out of Bitcoin education are the targets to scammers within the space.. this is more than true as ignorance is very expensive if Bitcoin and blockchain education isn't a thing for you

hatshepsut93

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There are so many dangers, and not just the scammers but also hackers, physical attacks and just accidental loss; any of that can happen even to experienced users, so it's quite hard to teach some newbie how to avoid all the dangers for sure. There's a big risk that if they will get involved with Bitcoin and do lose it somehow, they will blame it all on you no matter what. This is a lose-lose situation - if you don't teach them you could have prevented some situations, but if you do and they still lose, they will blame you. So it's best to make it clear at the beginning that their coins is theirs and only theirs responsibility and that the risk is considerable.

avikz

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People loose money out of greed. That's what has happened here! That fellow solely focused on getting profit instead of knowing about Bitcoin. Hackers and scammers always look for such people who has money and gets excited about profit. Probably you could have helped that person when he came around to ask for it.

I do not prefer providing unsolicited information to anyone. But if someone asks questions about things I know, I usually provide them with information. That's what we should be doing.

eightdots

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Quote from: KiaKia on November 13, 2023, 09:26:40 AM

Whenever someone come asking me about Bitcoin I sometimes look at them as another victim to scammer, at least before they learn, and that's even if they choose to stay after they get scammed, such category of people only know how to quit, I think this way because people only what to hear the good side of investment and not the bad and risky side.

Something happened to someone who is not very close, I remember he came to me asking me about Bitcoin and how to get involved, I remember it was a bad timing for me and I told him to go online and do his own research.

Now he is a victim to a WhatsApp group that opened a exchange and told him to invest through them, I never knew he had up to $3000 for investment, he never sound like someone who is ready to invest a lot and secondly I thought he was a time waster, now he can't withdraw his Bitcoin from the fake exchange.

I am thinking that leaving behind and not teaching people can make them a prey to scammers, if I have just thought him the right things about Bitcoin he might have not get scammed.

No matter how much you tell others to do their research about Bitcoin some are not very good at it, call it illiteracy or other but it is what it is, should we start turning those who are not so good with finding answers away? Is that a right thing to do? I don't even know why I am feeling bad for this person, I could have saved him though.

Sometimes we can be busy and cannot provide appropriate answers to people who ask us questions. If we want to direct them to get answers from something else, we have to tell them the things they will get answers from. Although it seems like everyone has an opinion on every subject, many people actually know nothing about the things they think they know. That's why we shouldn't shy away from helping people.

We need to be more careful not to cause some people to lose all their savings. Sometimes just 5 minutes can prevent someone from being deceived or defrauded.

milewilda

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Quote from: KiaKia on November 13, 2023, 09:26:40 AM

Whenever someone come asking me about Bitcoin I sometimes look at them as another victim to scammer, at least before they learn, and that's even if they choose to stay after they get scammed, such category of people only know how to quit, I think this way because people only what to hear the good side of investment and not the bad and risky side.

Something happened to someone who is not very close, I remember he came to me asking me about Bitcoin and how to get involved, I remember it was a bad timing for me and I told him to go online and do his own research.

Now he is a victim to a WhatsApp group that opened a exchange and told him to invest through them, I never knew he had up to $3000 for investment, he never sound like someone who is ready to invest a lot and secondly I thought he was a time waster, now he can't withdraw his Bitcoin from the fake exchange.

I am thinking that leaving behind and not teaching people can make them a prey to scammers, if I have just thought him the right things about Bitcoin he might have not get scammed.

No matter how much you tell others to do their research about Bitcoin some are not very good at it, call it illiteracy or other but it is what it is, should we start turning those who are not so good with finding answers away? Is that a right thing to do? I don't even know why I am feeling bad for this person, I could have saved him though.

Not to be harsh but i dont really care at all when it comes to stranger who do have that kind of dealing up with something yet its their money and i dont really like to mind others business on what they are doing. I dont like on getting blamed just because i have told them something on what they must do. The only thing that i do see for it to be relevant or something that i would really be doing is on that within my family and friends on which if ever
im aware of someone who are involved to crypto but they are just basically newbies then i might be taking up some consideration on making up some explanation about it overall. You would really be just needing the basic
principles and not on the technical side of things on which basic will really be just that enough for someone to understand and able to avoid those potential risks that they are on. Im not really having that kind of regret
if i had missed someone on telling on what are the things that needs to be done for them to avoid on losing money. Just let them be because greed what makes people do engage into those scams.
Sooner or later they would really be able to realize for themselves basing up on what they have done.

Antotena

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Quote from: KiaKia on November 13, 2023, 09:26:40 AM

No matter how much you tell others to do their research about Bitcoin some are not very good at it, call it illiteracy or other but it is what it is, should we start turning those who are not so good with finding answers away? Is that a right thing to do? I don't even know why I am feeling bad for this person, I could have saved him though.

May we never be victim of scams but I think sometimes unfortunate things happen that we don't see coming. I have read through how some people became a victim of malware. That virus is very dangerous in the sense that you don't even know you have it, it will be on your laptop without noticing any changes. It might even send our your private key to the scammers without you knowing what is happening in the background, untill your wallet is drained before you realize the damage has been done and this malware are very hard to detect by anti virus on your devices.

We keep learning but what is more important is having the right information at the appropriate time is the best, some of this things rarely occur, some people even get to know them after the become a victim of it despite months and years of learning about bitcoin. You can never know all but we keep learning everyday.
However, when you refuse to learn and do research, you are putting yourself on trap because even the new updates about bitcoin will be something of unknown to you. The best thing as you have said is always learn everyday.

Rruchi man

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Quote from: KiaKia on November 13, 2023, 09:26:40 AM

No matter how much you tell others to do their research about Bitcoin some are not very good at it, call it illiteracy or other but it is what it is, should we start turning those who are not so good with finding answers away? Is that a right thing to do? I don't even know why I am feeling bad for this person, I could have saved him though.

If you send a newbie to go do their own research, it should be for self verification sake, that is to verify the information you have given to them, and also in a bid to help them adopt the culture of always verifying the information they receive from anyone by doing their own research. It will not be good to send a newbie who is clearly interested in bitcoins to go find out the information about it themselves when you are aware that there are many scammers and fake information on the internet about bitcoins. If you do not have the time for it, just try to schedule a time for it, and also caution them about taking any information they receive from another source as serious or true without verification.

bitzizzix

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Most people will be blinded by the profits they see and some people or investors experience changes in their fate because of Bitcoin, and this is what makes them not care, don't want to know, don't want to learn and so on. What makes them easily deceived is that they should know in advance about the risks, fraud and other negative things about Bitcoin.
And I have met several people like this after the incident, and it would be a valuable lesson for them. And it's not that they don't understand Bitcoin, it's just that they are careless or greedy which makes them easily fooled into making big profits without doing proper research.

BITCOIN4X

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I'm not willing to tell someone about bitcoin and teach it before they get started with it first. Let someone ask questions first before you start the lecture, sometimes you also need to be quiet to observe and close the discussion with the truth.

Of course I have exceptions, especially for people I care about and they are family members. I need to tell them about bitcoin and all its advantages. The mindset in investing needs to be improved, but I will not fight against any form of scam, especially if they don't care about what I have explained. If they listen to opinions and are willing to change their attitude, then continue to the next stage.

Davidvictorson

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Quote from: KiaKia on November 13, 2023, 09:26:40 AM

No matter how much you tell others to do their research about Bitcoin some are not very good at it, call it illiteracy or other but it is what it is, should we start turning those who are not so good with finding answers away? Is that a right thing to do? I don't even know why I am feeling bad for this person, I could have saved him though.

Do not feel bad about it. It is no fault of yours.
If someone asks you about bitcoin, tell them about it. If you are too busy, collect their number or email and send them resources to get them started. Do not flood them with hard to understand resources so it doesn't scare them off. At this age and time any one who is a victim of scam, its their fault. In my local language, there is a proverb that says, you cannot lose your way if you ask questions. Sorry but your friend got scammed out of the greed in his heart. Always ask questions.

Viscore

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People who come to invest in the crypto market should not put the responsibility to someone to educate them and make them understand how crypto investment works. If they really want to learn, they should put their due diligence to research and study and learn from the experiences of early investors through reading legit articles online or simply or engaging in the bitcointalk forum and learn everything in there. That way, even if you start being illiterate, I know this forum will create a lot of changes in you especially in learning about the basics in the crypto investment.

However, on part of OP, you should not put the blame in your hands. Although there might be some regret wishing you had taught him, but what has happened had already happened. It should serve as a lesson to the person being scammed.

adaseb

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Yeah there are just way too many sophisticated scams these days. Look how much spam people get almost daily about their Coinbase account being restricted and get tricked into providing actual login credentails.

Unlike a paypal scam which can be easily reversed you can't get your crypto refunded due to fraud. Everyone should practise self custody safety and get a hardware wallet but the issue is that during most bull markets those are sold out and people rely on exchanges or keeping their crypto on their windows 10 PC which is extremely risky.

Twentyonepaylots

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Quote from: NotFuzzyWarm on November 13, 2023, 09:43:10 AM

The title makes it sound like it is supposed to be our fault if other folks do not bother to do their own research.
Bullshit. Their mistakes are theirs alone.

It's like it's a science teacher's fault when their student tastes a soap. Teaching and commanding are different, when we teach someone, it's from knowledge we got when we are learning and gained from experience, commanding is like telling someone to do it just because you see it that way. When we tell someone something, and they do it, it's not our fault of what could be the result, it's their decision to do so or not to.

Quote from: NotFuzzyWarm on November 13, 2023, 09:43:10 AM

Now if someone asks you about BTC then ja, one should do their best to explain it. Thing is - they have to ask - if they don't then it is not our fault if/when they get screwed.

I always tell " I'm not sure, you can try googling it" when someone asks me about crypto. I think that's the best reply to someone who asks you.

Forever101

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Well I think the only fault you can accrue to yourself is the fault of not letting him know the risky aspect of it even if you will not explain the technical aspect of it. I think the first thing to tell anyone seriously or jokingly is the aspect of it that is dangerous so that, the person can take caution. If the person now go and seek for information later, he or she can be selective

sokani

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Quote from: KiaKia on November 13, 2023, 09:26:40 AM

Something happened to someone who is not very close, I remember he came to me asking me about Bitcoin and how to get involved, I remember it was a bad timing for me and I told him to go online and do his own research.

I don't how busy you were but instead of telling him to do a google search you'd have referred him to the forum, maybe this would have been prevented. He was totally naive and the scammer took advantage of his naivety to scam him.

Quote from: KiaKia on November 13, 2023, 09:26:40 AM

I am thinking that leaving behind and not teaching people can make them a prey to scammers, if I have just thought him the right things about Bitcoin he might have not get scammed.

In some way, yes. If you had taught him, he'd have bought from exchange and the Bitcoin would been seating right in his wallet. He might have done his research and probably waiting for funds to invest, then he receives a PM, and he thought to himself, let me take this route, not knowing that he's going to be a scam. That's why I don't entertain unsolicited PMs from strangers on social media. $3000 is a huge amount of money and I feel bad for him.

Topic: Every man you failed to lecture about Bitcoin can be a victim to scam - page 3. (Read 624 times)