Learn and learn and keep learning will safe you from lots of foul play - page 3.

SacriFries11

sr. member

Activity: 882

Merit: 253

Quote from: kaneki007 on April 02, 2020, 12:20:56 PM

I have learned a lot from the experience of crypto and will not fall into a second time. When ICO lending was a trend I was too greedy and believed that investing in a project like that would bring big profits in a short time, but all of that was just a trick so that I fell into it and now I have understood about good investment.

I'm also dealing with a lot of investment opportunity that time, knowing that a lot of people have already gained money with only a small amount of time. But I hesitate to grab it and make some research. Being a newbie in this industry makes a big factor how this crypto investment scam are still out there. The target is the one who had slight awareness about cryptocurrency. There traps had already set to encourage their victim to invest.
Its all right to failed at the beginning but try to learn and overcome this obstacle and make it motivation to learn new things about crypto. Its essential to know things works to be able to success. Don't be lazy and grab every opportunities we had here.

btc_angela

hero member

Activity: 2660

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There is really a learning curve here in crypto and as the market is still evolving as it is still fairly young as compare to other traditional markets. And one thing that those scammers are taking advantage is that crypto is supposedly (pseudo) anonymous. That's why they have the audacity to pull that stunt because they know that no one can track them down. And that is why the only weapon we can have against them is to educate ourselves so that we won't fall for their trick.

Jating

hero member

Activity: 2842

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Quote from: Ken_terrance on March 22, 2020, 11:07:17 AM

Honestly If anyone just come into crypto space through a link or online ads it's easier to get lost and fall victim to scams, i never get hacked for once or lost money to scam projects simply because I favoured learning things I don't know anything about, why can't people be like this either? This will easily safe you from money doubling schemes and Ponzi schemes, please newcomers and members, be more willing to learn.

I agree, but you can't really blame people for being gullible enough to invest on crypto and lost money, specially if you're a beginner. I personally lost some, not in ICO, but on a bitcoin double years ago. I was just a newbie then, and I thought why not? so I invest and it's good because I was able to get a pay. But then I re-invested it again. And sadly, the scammers pull an exit scam.

It was really an eye opener for me and I have learn my lessons very expensive one. Anyways, I move forward never trust anyone with my precious cryptos.

CryptopreneurBrainboss

legendary

Activity: 2380

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eXch.cx - Automatic crypto Swap Exchange.

Quote from: Ken_terrance on March 22, 2020, 11:07:17 AM

Honestly If anyone just come into crypto space through a link or online ads it's easier to get lost and fall victim to scams, i never get hacked for once or lost money to scam projects simply because I favoured learning things I don't know anything about, why can't people be like this either? This will easily safe you from money doubling schemes and Ponzi schemes, please newcomers and members, be more willing to learn.

Greediness, ignorance and lack of patience is usually the cause of many newbies falling victims to this ponzi schemes, claiming to be money doublers either via investment, mining or trading which are obviously false claims then promise paying certain percentage based on time period stated on their sites. The problem isn't that these warning aren't clear for those who want to be safe to get rescued but the gullible Investors are just after the profit without wanting to learn first.

The industry is still very new and new ideas/solution are been tested frequently, if you think you know it all, you'll easily get left behind as solution you thought are the best yesterday can easily get replace with better ones tomorrow.

Kasabus

hero member

Activity: 2814

Merit: 576

Quote from: Furious 7 on April 02, 2020, 11:52:35 AM

The error must be there and everyone will experience it and therefore we must learn more about the knowledge of cryptocurrency and as a result of this forum there are many benefits that we know if we keep reading and seeing it.
Still we already know from experience that a double ponzi scheme is not a good investment, you have to look in more detail at what to learn.

There are a lot of new potential projects around so if you just grab them without further analysis and thorough studies, you will definitely fall into being scammed. Smart investors take their time in learning and came out sucessful but for those newcomers who never mind learning first, they will really fall into lots of foul play.

gundala

full member

Activity: 896

Merit: 108

Quote from: kaneki007 on April 02, 2020, 12:20:56 PM

I have learned a lot from the experience of crypto and will not fall into a second time. When ICO lending was a trend I was too greedy and believed that investing in a project like that would bring big profits in a short time, but all of that was just a trick so that I fell into it and now I have understood about good investment.

I have also been trapped in an ICO project when it was popular in 2017. That became an important lesson for me to be more thorough and not FOMO.

We must be more careful in analyzing a project, whether as an investor or bounty hunter, we must conduct a deep analysis and not be easily influenced by marketing advertisements that promise huge profits. Anything can happen, especially since the crypto world is very volatile, make sure you understand the risks, and never invest in something you don't understand

adzino

copper member

Activity: 2968

Merit: 575

www.Crypto.Games: Multiple coins, multiple games

I second that. People out there, especially the newbies fall for those scams due to their ignorance. They see something, they just jumps into it without make further analysis. The more they learn, the more they will know how the whole crypto market works. They will eventually be able to distinguish between whats fake and whats real.
But, yeah, if they have made mistakes, then let those mistakes be a lesson to them. Let them learn from those mistakes so that they don't repeat it anymore in the future.

Teawhalee

copper member

Activity: 482

Merit: 1

Anyone that is not greedy will not lose when introduced into a new promising Investment. Wise people do take their time to learn how it works first before they invest not minding any Level of ROI offered.

Bonwin

member

Activity: 798

Merit: 38

Quote from: Ken_terrance on March 22, 2020, 11:07:17 AM

Honestly If anyone just come into crypto space through a link or online ads it's easier to get lost and fall victim to scams, i never get hacked for once or lost money to scam projects simply because I favoured learning things I don't know anything about, why can't people be like this either? This will easily safe you from money doubling schemes and Ponzi schemes, please newcomers and members, be more willing to learn.

This should be a normal part of human life.
Any day anyone stops learning, whether consciously or unconsciously, then it means such a person is dead.
Life itself is full of lessons, but sometimes we need to push ourselves to learn somethings because if we refuse, we would be forced to learn from our mistakes, which is not the best.
This forum is full of knowledge and knowledgeable ones. therefore, you can tap from them.

kaneki007

sr. member

Activity: 1190

Merit: 257

I have learned a lot from the experience of crypto and will not fall into a second time. When ICO lending was a trend I was too greedy and believed that investing in a project like that would bring big profits in a short time, but all of that was just a trick so that I fell into it and now I have understood about good investment.

Furious 7

hero member

Activity: 2856

Merit: 644

https://duelbits.com/

The error must be there and everyone will experience it and therefore we must learn more about the knowledge of cryptocurrency and as a result of this forum there are many benefits that we know if we keep reading and seeing it.
Still we already know from experience that a double ponzi scheme is not a good investment, you have to look in more detail at what to learn.

VDraci

member

Activity: 560

Merit: 28

SAPG Pre-Sale Live on Uniswap!

There is no way you can avoid mistakes and trust me if you want to go forward in not just crypto space but in real life too you have to be ready to fail over again, do not be scared of failing, if you don't fail you can't learn anything

White Christmas

sr. member

Activity: 882

Merit: 258

★Bitvest.io★ Play Plinko or Invest!

Knowledge is the most essential thing here in cryptocurrency. If you don't have the knowledge to understand what is going on or what is happening here in the cryptocurrency then probably this will become a huge problem for all of them who are unknowledgeable especially with the newbies who are very prone in different foul play.

DDante

member

Activity: 434

Merit: 19

Every lessons that takes one to higher step comes with failure for start, you can't move forward without failure, if you pray for 'no failure' in your life it's like praying for no achievements in your life, failure is what open doors to success

TIDOVEE

sr. member

Activity: 1246

Merit: 255

It is good to patiently learn and be guided by knowledge... but there are people who Lear and yet made mistakes and I don't want to believe one cannot make mistake, many legend here might have in one time or the other been a victim of scam before but their experience is what made you better today. Our errors can be minimal if we patiently learn.

Rosilito

sr. member

Activity: 658

Merit: 274

Wish for the rain? Then deal with the mud too.

Quote from: Ken_terrance on March 22, 2020, 11:07:17 AM

Honestly If anyone just come into crypto space through a link or online ads it's easier to get lost and fall victim to scams, i never get hacked for once or lost money to scam projects simply because I favoured learning things I don't know anything about, why can't people be like this either? This will easily safe you from money doubling schemes and Ponzi schemes, please newcomers and members, be more willing to learn.

Good thing you know how to deal with it, buddy. But people aren't like that, and that is the unfortunate reality. People tend to fall easily in such schemes because they want an easy money, they lack of such knowledge about clickbaits and more, they are perhaps an easy to get thing. Nevertheless, stuff like that for first timers are a good thing, IMO. Since it would open up their eyes and minds on worse reality crypto space has. Thus, whenever they go out and see something similar again, the mechanism, is that they would get reminded of a signal that they do have to check things out properly before engaging up again.

Golftech

hero member

Activity: 2128

Merit: 520

Quote from: Ken_terrance on March 22, 2020, 11:07:17 AM

Honestly If anyone just come into crypto space through a link or online ads it's easier to get lost and fall victim to scams, i never get hacked for once or lost money to scam projects simply because I favoured learning things I don't know anything about, why can't people be like this either? This will easily safe you from money doubling schemes and Ponzi schemes, please newcomers and members, be more willing to learn.

Both greed and wanted to get easy ways to earn, it should not be the proper practice when you are working from this kind of industry. One single mistake
will lead you to suffer a lot, especially when you are not aware on how to protect yourself and your asset from those hackers and scammers around. Learn and keep enhancing your knowledge it will save you from any possible bad things to happen with you.

ife2020

member

Activity: 579

Merit: 13

Are you kind to your neighbor? Think it through

This is the truth, no man is an island of knowledge, and thats why i am very grateful for this forum, it gives an avenue to learn and also to contribute to discussions
And that way i have learned alot, and also contributed my quota.

It also applies to trading, if you can learn to curb greed and anxiousness, you could be a great trader.

Mulann2

member

Activity: 686

Merit: 35

Exactly bro, in life learning never stops, everyday we continue to learn more and understand better that is the only way to have the necessary information to survive, if you don't learn, you can easily get cheated, so very necessary to read and learn to have good knowledge of things happening around us or around the world.
It also save us from falling victim easily, if you have good knowledge of things you can easily spot a scam from miles away.

Sterbens

sr. member

Activity: 1848

Merit: 341

Duelbits.com

Until now the ponzi scheme still continues, even the scamer is now promoting through the telegram channel, it might be effective for them to find victims, while we must be more careful with the ponzi scheme by doubling because it is an unnatural investment because it is true that such investments are really not legitimate.
Do not rush to make investments, always use research first before investing, including ICO, IEO as well.

Topic: Learn and learn and keep learning will safe you from lots of foul play - page 3. (Read 523 times)