It is nothing new and scammers will always find a way to steal from the gullible ones even if there was no crypto space as we have seen it several times in the past.
What is important is for each individual to try as much as possible to get themselves equipped with knowledge on how to research a project thoroughly before investing. That targets are usually those investors that always refuse to pay attention to details all in the name of making quick money, so it is better not to be such investor.
Topic: Increased Number of Scammers - page 12. (Read 17989 times)
That's why you need to be more selective for what project do you invest.
Remember cryptocurrency is high risk high reward activity so make sure that you have prepare to loss and consider profit as the bonus.
Scammer is just like criminal that looking for the profit !
Remember cryptocurrency is high risk high reward activity so make sure that you have prepare to loss and consider profit as the bonus.
Scammer is just like criminal that looking for the profit !
Due to the increased popularity of cryptocurrencies, there has been an increased number of scammers both in terms of ICOs and in social media. You would find "official" representatives that would "propose lucrative deals" in the name of the legit company. There is only one result as a consequence - you losing your assets.
Thus, always keep in mind that real official channels of communications work. Also, if you see those posts in social media promising returns without a legit background (a.k.a. a full-blown platform) is a sure way to lose money. Creating bots on Facebook, Twitter, and Telegram is quite easy these days. Make sure not to repeat mistakes that others made before you https://www.cryptocointrade.com/
Not to mention mining pools and app scams going on right now. Some of the Facebook groups that were excellent in terms of trading discussions now turned into scam marketing sites.
Thus, always keep in mind that real official channels of communications work. Also, if you see those posts in social media promising returns without a legit background (a.k.a. a full-blown platform) is a sure way to lose money. Creating bots on Facebook, Twitter, and Telegram is quite easy these days. Make sure not to repeat mistakes that others made before you https://www.cryptocointrade.com/
Not to mention mining pools and app scams going on right now. Some of the Facebook groups that were excellent in terms of trading discussions now turned into scam marketing sites.
The more popular cryptocurrency is, the more scammers will be because they see huge profits from cryptocurrency and there is also no legal certainty for cryptocurrency scammers, preferably if anyone can show a scammer who has enough evidence to inform the forum to minimize the cryptocurrency scammer case
I think the scam is not just happening in the cryptocurrency but also happen in many fields. as long as there are money involved, I think it will attract people to scam other people because they want to make money in a short way. there are the various way that they can use to scam people and we don't know if they are scammers or not and only with careful, we can anticipate their action. don't get attracted with the words saying the big potential income of one project because all the works that we did will need a process that we don't know how long it takes.
Due to the increased popularity of cryptocurrencies, there has been an increased number of scammers both in terms of ICOs and in social media. You would find "official" representatives that would "propose lucrative deals" in the name of the legit company. There is only one result as a consequence - you losing your assets.
Thus, always keep in mind that real official channels of communications work. Also, if you see those posts in social media promising returns without a legit background (a.k.a. a full-blown platform) is a sure way to lose money. Creating bots on Facebook, Twitter, and Telegram is quite easy these days. Make sure not to repeat mistakes that others made before you https://www.cryptocointrade.com/
Not to mention mining pools and app scams going on right now. Some of the Facebook groups that were excellent in terms of trading discussions now turned into scam marketing sites.
Thus, always keep in mind that real official channels of communications work. Also, if you see those posts in social media promising returns without a legit background (a.k.a. a full-blown platform) is a sure way to lose money. Creating bots on Facebook, Twitter, and Telegram is quite easy these days. Make sure not to repeat mistakes that others made before you https://www.cryptocointrade.com/
Not to mention mining pools and app scams going on right now. Some of the Facebook groups that were excellent in terms of trading discussions now turned into scam marketing sites.
Nothing you can do about it other than educate yourselves and others, there are some quite clever scams out there that target the noobs. Unfortunately, there is no central force that takes it upon themselves to inform the community to ensure these types of scams less successful, meaning hundreds of people still fall victim to them every day. Most of the time the amount lost is not huge, so it provides a great life lesson, sometimes you have to lose something small to gain something better, in this case knowledge.
I am sure your intention is to make everyone aware about the scams out there. However there is also one important thing here, crypto ICO projects can only be invested after you take the risk and jump into it right away. There is no other way on the globe where you can definitely say that this is the legit project of all time. No it doesnt work like that, you still have to work hard for it and keep yourself updated with the team all the time. The best way and closest to idejnfitiying the legitimacy is to keep in touch with the ICO team. Telegram is the medium which has become very popular for the ICO and thats the only place where admins can be reached out quickly. Just score them according to their communication speed, accuracy and stuff like that which can help you get idea abut their legitimacy.
Scamming had always existed long before the Advent of cryptocurrency. Cryptosphere arrival only created another platform to would-be scammers to continue the act, so this is nothing new other than people have to be less greedy and more careful not to get scammed.
Due to the increased popularity of cryptocurrencies, there has been an increased number of scammers both in terms of ICOs and in social media. You would find "official" representatives that would "propose lucrative deals" in the name of the legit company. There is only one result as a consequence - you losing your assets.
Thus, always keep in mind that real official channels of communications work. Also, if you see those posts in social media promising returns without a legit background (a.k.a. a full-blown platform) is a sure way to lose money. Creating bots on Facebook, Twitter, and Telegram is quite easy these days. Make sure not to repeat mistakes that others made before you https://www.cryptocointrade.com/
Not to mention mining pools and app scams going on right now. Some of the Facebook groups that were excellent in terms of trading discussions now turned into scam marketing sites.
Thus, always keep in mind that real official channels of communications work. Also, if you see those posts in social media promising returns without a legit background (a.k.a. a full-blown platform) is a sure way to lose money. Creating bots on Facebook, Twitter, and Telegram is quite easy these days. Make sure not to repeat mistakes that others made before you https://www.cryptocointrade.com/
Not to mention mining pools and app scams going on right now. Some of the Facebook groups that were excellent in terms of trading discussions now turned into scam marketing sites.
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