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Topic: How NOT To Get Scammed - page 14. (Read 4652 times)

sr. member
Activity: 826
Merit: 281
November 01, 2019, 03:39:47 AM
#66
the experience that often happens is that I follow the fomo, yes ico ico garbage that I bought because many people talk about ico, therefore I indirectly affected and finally bought the ico as a result my scam and the results of the ico are worthless at all.
full member
Activity: 1708
Merit: 105
November 01, 2019, 03:27:50 AM
#65
People tend to want instant profits and are also easily carried away. for example when in the past there were still so many lending programs. the result of so many enthusiastic people who dare to take risks can make us affected. I actually already know about risk, but many people are interested in making me also invest. bids and proof of payment are increasingly convincing
People's instincts are indeed if they can get the profit as quickly as possible and if possible it is also not too difficult, aka just want to be easy. so we can not avoid this fact even many are drugged to follow.
but with increasing understanding of people, it can gradually improve and can be understood.
but we also need to know that there are many instant and tempting projects now that this is dangerous.
must be wiser to be uninterested and deceived.
 
sr. member
Activity: 1372
Merit: 275
November 01, 2019, 03:13:14 AM
#64
People tend to want instant profits and are also easily carried away. for example when in the past there were still so many lending programs. the result of so many enthusiastic people who dare to take risks can make us affected. I actually already know about risk, but many people are interested in making me also invest. bids and proof of payment are increasingly convincing
legendary
Activity: 3346
Merit: 1191
November 01, 2019, 02:54:47 AM
#63
The key is education, to know how to check services, to be able to understand something before you jump in with your money. Crypto is a new field, and there are so many new things, some of them are good some bad, and sometimes its very hard to make a difference, that's why investing in new projects can be very risky. Nobody wish to be scammed, but huge wish for making money makes us vulnerable, and its happen all the time in crypto.
There are many ways to avoid scams, checking and rechecking projects, consulting with others, all that is not a guarantee of course, so most important is to not risk with investing more then you can lose, and to work too much without guarantees that you will be paid for that. Start slowly, with small steps, invest money you can afford to lose, or simply work for project and get interested about the team all the time, if you see something fishy just stop working for them, don't spend months for nothing.
sr. member
Activity: 938
Merit: 251
November 01, 2019, 02:43:59 AM
#62
If you have the urge to invest anywhere, why not get into lending in reputable platforms instead, these days even reputable exchanges now offer this service so if you have the urge to do something, just lend your Cryptocurrencies ,I have discovered that some people just feel like putting their crypto funds somewhere so thet they can feel like their are doing something, never fall for this urge please.
Investment is the way how to increase our assets, many time we reached profit with bitcoin and altcoin investment and lost your profit once in investing is not have to keep in your mind, we not always got profit but some time we faced with lost assets after investing with bitcoin and altcoin, maybe impossible if always get profit with your bitcoin and altcoin investment.
full member
Activity: 1048
Merit: 101
November 01, 2019, 02:28:22 AM
#61
simple, if you don't want to be scammed then you don't have to bother to get involved in it. but in most cases it is true that the points you say like greed and also the lack of knowledge about crypto, is one factor, why someone easily gets scammed in this industry. It is important to always be careful before making investment or trading choices and do not fully use your main money when entering this space.
hero member
Activity: 1498
Merit: 785
November 01, 2019, 02:24:49 AM
#60

Click on random websites: Many airdrop websites you see these days asking for personal details are fake and many of them are just clever ways to steal your private details and use it to steal your funds, be careful of the links you click and if possible, bookmark your sensitive websites (the ones that need private information like private keys and passwords) so that you wouldn't fall for a clone website.

this is very dangerous. Many phishing websites are specifically created to trap users and retrieve account information, private keys and others. If they get your rmail then they will send a link that will go to the phishing website. Must be very careful and thorough, bookmarking is indeed the best solution.
sr. member
Activity: 567
Merit: 270
November 01, 2019, 01:50:35 AM
#59
I would add one more.
Don't visited random website that has crypto airdrops on there , or don't click on random links that people shared or people sent to you because it might be contains malware that can track your wallet password.
So be careful on surfing in cryptocurrency websites, because there are some of them contains malware and it will steal your personal private key or passwords
This is a good one, many funds has been lost in the past because of this, many people would just visit any random website and input their real details which would eventually be used to hack their accounts, it has happened to a friend of mine in the past, I would edit my post and add it there.
sr. member
Activity: 798
Merit: 253
October 31, 2019, 11:18:26 PM
#58
I believe that every good lesson starts with a good story and on this note, I want to tell you about the experience I had that made me cautious of "Get rich quick" schemes online especially those pertaining to Cryptocurrencies.

I discovered Bitcoin in early 2013 and although I didn't take it seriously at first, I was earning little money from it doing tasks online (pay for view, faucets and such), I took it more as a hobby and never intended on selling the bitcoin, I just knew in my heart that it would do great so I wanted to accumulate as much as possible without having to spend my money buying it (this was before I got into mining), fast forward to 2015 when the money doubling schemes were everywhere, I kept seeing adverts online and even though I knew better, I decided to invest in one of them (Avabitcoin) with the coins I got from my early days of discovering bitcoin, Avabitcoin was a platform where you invest bitcoin and they supposedly invest it and return profits to you on a daily basis, I decided to take the risk and invested for the first day, got back my money plus 12% profit, and greed overtook me and I did kept doing it for 2 more weeks before they vanished with my funds. I kept going all in even when I had already doubled my money.

If you want to avoid getting scammed online, you just have to follow the following:
Greed: Greed has led a lot of people straight to rekt, like my story above would have told you, I couldn't resist the pull of greed even when I had doubled my funds.

HYIPs: When it looks too good to be true, then it's probably too good to be true, when you see any investments that promise high yield returns, please stay far away from them, when you see genuine projects that offers returns, most of their returns are so low, some of them are average of 10% per annum and it's a wonder that we see platforms offering 10% and above in a day and we gladly jump straight into rekt, like I said, if it sounds too good to be true, then it's too good to be true.

FOMO: If not for the hype that Avabitcoin generated, I would not have invested in it in 2015, learn how to DYOR and avoid what others have to say about projects they seem to support, infact your mindset should be that everybody is trying to rip you off so if you always look at every hyped project with that mindset, you would have a clearer picture of the project without the blindfold of FOMO.

Rushing: Avoid rushing into any investment because you heard it's paying others, one of the virtues of a Cryptocurrency investor is patience, Cryptocurrency investments are high risk investments and you have to treat it like gambling, never invest more than you can afford to lose, never go all in on any project no matter how good it looks.

If you have any similar experience, please kindly share it, it might help others (especially the newbies to avoid being scammed by shady projects out there.
Indeed. Greed and rushing into any investment is the common mistakes of people who get scammed, that is why having patience and controlling yourself are the things that you should consider before investing your money in projects. Other reason why people are getting scammed because of ignorance or not enough knowledge in cryptocurrency, just because the project has great whitepaper, website and promising team members it cannot be consider a scammed project, that is why beginners in cryptocurrency should be guided and learn more for them to avoid fraudulent projects.
It is nice to be greedy after gaining good amount of knowledge regarding one’s investment target. For instance, if a person has chosen bitcoin and invested good amount of money, then he holds it for long duration because he understands that bitcoin gains huge value with time, this greediness wont harm him at all. Being an ignorant and greedy is a deadly combination. This needs to be avoided.
sr. member
Activity: 868
Merit: 256
October 31, 2019, 11:02:51 PM
#57
Don't invest or use if you not know that like in trading sites,wallets and gambling site then try the trusted and popular already here in crypto

Then i recommend to not risk big always and your investment are more on btc then some few alts that very useful so this have future like this will grow like xrp,bch,eth,doge,dash and more
Better to have an investigation first, if your guts are telling you that the website or the campaign you want to join in scam it is better to follow it. But you need also to read their credentials first, their prospect, what does their plan after succeeding and also what will be their plan if they fail. Dont be fooled by their saying that you could be rich or you will get this amount $$$ when you joined them if their plan is unrealistic.
sr. member
Activity: 812
Merit: 262
October 31, 2019, 06:15:47 PM
#56
I believe that every good lesson starts with a good story and on this note, I want to tell you about the experience I had that made me cautious of "Get rich quick" schemes online especially those pertaining to Cryptocurrencies.

I discovered Bitcoin in early 2013 and although I didn't take it seriously at first, I was earning little money from it doing tasks online (pay for view, faucets and such), I took it more as a hobby and never intended on selling the bitcoin, I just knew in my heart that it would do great so I wanted to accumulate as much as possible without having to spend my money buying it (this was before I got into mining), fast forward to 2015 when the money doubling schemes were everywhere, I kept seeing adverts online and even though I knew better, I decided to invest in one of them (Avabitcoin) with the coins I got from my early days of discovering bitcoin, Avabitcoin was a platform where you invest bitcoin and they supposedly invest it and return profits to you on a daily basis, I decided to take the risk and invested for the first day, got back my money plus 12% profit, and greed overtook me and I did kept doing it for 2 more weeks before they vanished with my funds. I kept going all in even when I had already doubled my money.

If you want to avoid getting scammed online, you just have to follow the following:
Greed: Greed has led a lot of people straight to rekt, like my story above would have told you, I couldn't resist the pull of greed even when I had doubled my funds.

HYIPs: When it looks too good to be true, then it's probably too good to be true, when you see any investments that promise high yield returns, please stay far away from them, when you see genuine projects that offers returns, most of their returns are so low, some of them are average of 10% per annum and it's a wonder that we see platforms offering 10% and above in a day and we gladly jump straight into rekt, like I said, if it sounds too good to be true, then it's too good to be true.

FOMO: If not for the hype that Avabitcoin generated, I would not have invested in it in 2015, learn how to DYOR and avoid what others have to say about projects they seem to support, infact your mindset should be that everybody is trying to rip you off so if you always look at every hyped project with that mindset, you would have a clearer picture of the project without the blindfold of FOMO.

Rushing: Avoid rushing into any investment because you heard it's paying others, one of the virtues of a Cryptocurrency investor is patience, Cryptocurrency investments are high risk investments and you have to treat it like gambling, never invest more than you can afford to lose, never go all in on any project no matter how good it looks.

If you have any similar experience, please kindly share it, it might help others (especially the newbies to avoid being scammed by shady projects out there.

If one wishes to grow in the trading industry, he should understand that he will not earn a lot most of the times. The market is too dynamic and many factors determine the outcome of the coins. It is important to know that most of the times, if it's too good to be true, avoid it no matter how convincing the deal is. There is no such thing as free lunch.
legendary
Activity: 1722
Merit: 1014
October 31, 2019, 06:10:42 PM
#55
I believe that every good lesson starts with a good story and on this note, I want to tell you about the experience I had that made me cautious of "Get rich quick" schemes online especially those pertaining to Cryptocurrencies.

I discovered Bitcoin in early 2013 and although I didn't take it seriously at first, I was earning little money from it doing tasks online (pay for view, faucets and such), I took it more as a hobby and never intended on selling the bitcoin, I just knew in my heart that it would do great so I wanted to accumulate as much as possible without having to spend my money buying it (this was before I got into mining), fast forward to 2015 when the money doubling schemes were everywhere, I kept seeing adverts online and even though I knew better, I decided to invest in one of them (Avabitcoin) with the coins I got from my early days of discovering bitcoin, Avabitcoin was a platform where you invest bitcoin and they supposedly invest it and return profits to you on a daily basis, I decided to take the risk and invested for the first day, got back my money plus 12% profit, and greed overtook me and I did kept doing it for 2 more weeks before they vanished with my funds. I kept going all in even when I had already doubled my money.

If you want to avoid getting scammed online, you just have to follow the following:
Greed: Greed has led a lot of people straight to rekt, like my story above would have told you, I couldn't resist the pull of greed even when I had doubled my funds.

HYIPs: When it looks too good to be true, then it's probably too good to be true, when you see any investments that promise high yield returns, please stay far away from them, when you see genuine projects that offers returns, most of their returns are so low, some of them are average of 10% per annum and it's a wonder that we see platforms offering 10% and above in a day and we gladly jump straight into rekt, like I said, if it sounds too good to be true, then it's too good to be true.

FOMO: If not for the hype that Avabitcoin generated, I would not have invested in it in 2015, learn how to DYOR and avoid what others have to say about projects they seem to support, infact your mindset should be that everybody is trying to rip you off so if you always look at every hyped project with that mindset, you would have a clearer picture of the project without the blindfold of FOMO.

Rushing: Avoid rushing into any investment because you heard it's paying others, one of the virtues of a Cryptocurrency investor is patience, Cryptocurrency investments are high risk investments and you have to treat it like gambling, never invest more than you can afford to lose, never go all in on any project no matter how good it looks.

If you have any similar experience, please kindly share it, it might help others (especially the newbies to avoid being scammed by shady projects out there.

I would add strict investing plan presence here as well. You should know clearly where you enter the market and when you will quit, what conditions will cause you to act somehow. And this plan shouldn't be changed constantly while you are watching the graphs.
sr. member
Activity: 756
Merit: 257
Freshdice.com
October 31, 2019, 06:10:13 PM
#54
I believe that every good lesson starts with a good story and on this note, I want to tell you about the experience I had that made me cautious of "Get rich quick" schemes online especially those pertaining to Cryptocurrencies.

I discovered Bitcoin in early 2013 and although I didn't take it seriously at first, I was earning little money from it doing tasks online (pay for view, faucets and such), I took it more as a hobby and never intended on selling the bitcoin, I just knew in my heart that it would do great so I wanted to accumulate as much as possible without having to spend my money buying it (this was before I got into mining), fast forward to 2015 when the money doubling schemes were everywhere, I kept seeing adverts online and even though I knew better, I decided to invest in one of them (Avabitcoin) with the coins I got from my early days of discovering bitcoin, Avabitcoin was a platform where you invest bitcoin and they supposedly invest it and return profits to you on a daily basis, I decided to take the risk and invested for the first day, got back my money plus 12% profit, and greed overtook me and I did kept doing it for 2 more weeks before they vanished with my funds. I kept going all in even when I had already doubled my money.

If you want to avoid getting scammed online, you just have to follow the following:
Greed: Greed has led a lot of people straight to rekt, like my story above would have told you, I couldn't resist the pull of greed even when I had doubled my funds.

HYIPs: When it looks too good to be true, then it's probably too good to be true, when you see any investments that promise high yield returns, please stay far away from them, when you see genuine projects that offers returns, most of their returns are so low, some of them are average of 10% per annum and it's a wonder that we see platforms offering 10% and above in a day and we gladly jump straight into rekt, like I said, if it sounds too good to be true, then it's too good to be true.

FOMO: If not for the hype that Avabitcoin generated, I would not have invested in it in 2015, learn how to DYOR and avoid what others have to say about projects they seem to support, infact your mindset should be that everybody is trying to rip you off so if you always look at every hyped project with that mindset, you would have a clearer picture of the project without the blindfold of FOMO.

Rushing: Avoid rushing into any investment because you heard it's paying others, one of the virtues of a Cryptocurrency investor is patience, Cryptocurrency investments are high risk investments and you have to treat it like gambling, never invest more than you can afford to lose, never go all in on any project no matter how good it looks.

If you have any similar experience, please kindly share it, it might help others (especially the newbies to avoid being scammed by shady projects out there.

Indeed, emotions and greed are the impulses that are difficult to control and can lead to unfortunate events. Personally, I believe that things can go more smoothly if we set realistic objectives at the beginning and stick with it as much as possible. It's take a lot not to be swayed by emotions but it can also be a great motivator to still work in this industry.
jr. member
Activity: 552
Merit: 1
October 31, 2019, 05:59:18 PM
#53
No matter how careful you are, scammers will still try to look for means through which they can get across to you. It is always better to be on guard and be conscious if it, inasmuch as you are still in the crypto space and on internet. Also try to avoid being controlled by your emotions, rather be more logical and think carefully well before making any decision.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
October 31, 2019, 04:20:46 PM
#52
People makes mistake. Again, there are scams that are really hard to detect. They hide their signs so professionally it becomes really impossible to know if they are going to scam or not. Then again, there are people here who builds trust first while planning on making a huge scam. Once the trust has been built, they end up scamming them really good. Yeah, the points you mentioned will actually help to avoid getting scammed from certain type of events/people.
member
Activity: 854
Merit: 10
October 31, 2019, 04:13:02 PM
#51
One of he most common things this day, is that you see some people discuss on price and the possible ways in which it can be inflated. Do not get confused, they might be doing it for their own favour and looking for those to dump on. Even if the project look very good and there are updates that are upcoming, one still need
to search more.
legendary
Activity: 3080
Merit: 1178
Leading Crypto Sports Betting & Casino Platform
October 31, 2019, 03:49:31 PM
#50
I would add that when project is promising certain % of profits, it's most likely a scam. And i don't mean proof of stake projects paying with their own coin / token, but projects that promise gains in btc, eth or usd. Nobody knows if the new project is success least of all projects that haven't even started. And all the projections they paint should be marked as estimates based on something in the history. Not as in promises of profits.
legendary
Activity: 1526
Merit: 1179
October 31, 2019, 03:19:02 PM
#49
If people think of investing money in shitty ponzi and HYIP schemes thinking of making money then they are aware of the risk involved too
I don't think that's actually the case, because a lot of people who "invest" in ponzi schemes complain about having lost money when the ponzi implodes.... if they were aware of the risks they would accept their loss and move on.

I honestly don't know what's worse, people investing in a ponzi scheme while they don't know it is a scam, even though it's so obvious, or the people who do know they are investing in a ponzi scheme, but simply don't care.

People who don't care about investing in a ponzi scheme do that because they think they are early enough to get out with a profit.... it basically means that you are okay with other people losing money so that you can make your profit.
sr. member
Activity: 994
Merit: 257
Best Bitcoin Casino www.coinsaga.com
October 31, 2019, 03:13:29 PM
#48
Greed is one of the most common problem of an investor.
This could blind them easily and could shutdown their common sense that could result in losing their money.
Most of the time when people are greedy they would close their mind on the other option or possibilities.
The only thing that they need is to be calm and try not to follow their emotions .
sr. member
Activity: 1246
Merit: 285
October 31, 2019, 02:40:51 PM
#47
Greed is an attitude that must be avoided. Attitudes that always feel less and always want more can affect the mind. Someone with this bad attitude tends to want maximum profit in a short time. On several occasions, this greed can affect the analysis. Honestly I have experienced this, and I really made this a lesson, even though at that time I was already profit but I entered the market again because there was a small chance to get a bigger profit, but apparently it was missed and as a result, I actually lost, lost my previous profit.
And the most important thing to continue to exist in cryptocurrency is to always do analysis before making any decision. DWYOR. If possible do a discussion with an experienced friend.
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