Scammers always hunt for the greedy ones

iamsheikhadil

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Quote from: Darkelf11 on March 26, 2021, 11:34:22 PM

The reason why there are tons of newbies who would like to join the cryptocurrency investment because they think once they join they can speed up the money they have which is a mistake and causes the scammers to hunt them and try to pretend to help them and if they got the trust of their victims this is the time they will try to scam them.
This is the reason why we always told never to trust other people better to trust ourselves.

That might cause excessive fear and might make a person extremely paranoid Cheesy

well I guess, there should be a balance, every once in a while we see some new tokens/coins getting 10x or 20x in real just after listing, so it pulls our greed and makes us question, are we really not missing out on making great profits?! But yeah, one should always be conscious and aware of what they are doing!

Mistafreeze

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So many dudes are ready to do whatever it takes to trying and get rich by risking their own assets but something they are not too sure of, greed has taken from so many newbies who feel quick money are real but only to found out that they have been scammed. Sometimes what goes through their mind when they see a site Offering 50% daily, isn't that unrealistic?

Myleschetty

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Quote from: Darkelf11 on March 26, 2021, 11:34:22 PM

The reason why there are tons of newbies who would like to join the cryptocurrency investment because they think once they join they can speed up the money they have which is a mistake and canses the scammers to hunt them and try to pretend to help them and if they got the trust of their victims this is the time they will try to scam them.
This is the reason why we always told never to trust other people better to trust ourselves.

Newbies having the though of making 2x profit or more through their investment is not a negative thought judging by the potential of the crypto market and it not mistake either. However, greediness is what makes newbies prone to scammers and even experienced crypto investors.

traderethereum

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Quote from: AniviaBtc on March 27, 2021, 12:01:36 AM

Quote from: Bttzed03 on March 21, 2021, 01:58:59 AM

Quote from: Bravehash on March 21, 2021, 01:24:37 AM

Don't hesitate to check buyers feedback, some are well rated as they have no dubious attempts in mind

You can add don't easily trust the number of their past successful trades. Those transactions could be fake too.

Beginners are aiming only to make their money grow faster because they think that investment work that way.

Scammers are probably using effective tools to make other people to believe in them easily.

Using trading history with a huge profit will really lure newbies to also have that profit, which really turn them to lose their money instead.

The new people should really care about that before making a transaction with that p2p because they do not know how good their services before.
Even if those sellers have a good reputation before, it does not mean that they will not scam other people, especially if the money is too big to deal with.
If you can control your greediness to make fast and bigger money in the short term, you can think twice if someone offers you something.
But that will continue, and if the newbies can not learn from other people mistake, many newbies will get scam again.

AniviaBtc

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Quote from: Bttzed03 on March 21, 2021, 01:58:59 AM

Quote from: Bravehash on March 21, 2021, 01:24:37 AM

Don't hesitate to check buyers feedback, some are well rated as they have no dubious attempts in mind

You can add don't easily trust the number of their past successful trades. Those transactions could be fake too.

Beginners are aiming only to make their money grow faster because they think that investment work that way.

Scammers are probably using effective tools to make other people to believe in them easily.

Using trading history with a huge profit will really lure newbies to also have that profit, which really turn them to lose their money instead.

Darkelf11

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The reason why there are tons of newbies who would like to join the cryptocurrency investment because they think once they join they can speed up the money they have which is a mistake and causes the scammers to hunt them and try to pretend to help them and if they got the trust of their victims this is the time they will try to scam them.
This is the reason why we always told never to trust other people better to trust ourselves.

Trinx01

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There are always a lot of scammers that we may encounter in the world of crypto, you should always aware of those things, you have to be careful when sending money because that is irreversible, once you already sent money you cannot do something to turn it back to you, so always make sure that the website that you are going to send money is legit and reputable to avoid being scammed.

passwordnow

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Quote from: ?? on ??

This is the challenge we are facing with p2p trading too much scammer and even they past reputation and successes are all fake. Don't be too greedy and never trust the high price because in the actuall sense no one will buy you $1 bitcoin for 2$ this are sign's and be carful.

It's also possible that their trust is only built through faked trades. I've seen in some groups that they're asking for others to trade with them and that's only for the sake of the ratings, not with actual trade. Just always follow the market price and be contented with not so high but trusted trades in P2P trades.

Quote from: MuffinMaster on March 25, 2021, 07:30:54 AM

That people are fooled by greed is stupid, but that does not excuse the scammers.

They know the weakness of others when they're putting those prices at the ceiling to make them look that they're buying/selling at an advantageous price.

Rengga Jati

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Quote from: Bravehash on March 21, 2021, 01:24:37 AM

Imagine how painful it is when you lose money to scammers simply because of your own greed, here is another new verified scam that's presently ongoing on binance exchange via P2P trading

In fact, that is the fact.
Well, yeah, we may be part o them if we are greedy enough. Being a long time in the crypto world doesn't mean that we can avoid scams. In fact, the victims of the scam itself not only the newbies, but also everyone who is commonly having more greediness, panic, Follofiwng FOMO and Hype, and also careless without any analysis and further research.
Sometimes, we are also trapped by "someone says". Moreover of they are coming from popular figures, we sometimes feel greedy to follow their instruction in order to get more and more profits. Greedy people will always feel less about what they got.

AakZaki

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Quote from: Oceat on March 23, 2021, 05:42:22 PM

I wonder if someone has a hunch before making a trade if they think the offer is too good to be true. I guess this comes from an experience but if this is his first trade then the greedy one didn't bother to follow the instructions since he's filled with emotions already. And the scammer is a smart one although compromising their reputation just for a few dollars.

~snip~

It's true that bad people aren't just in the real world. In the crypto world there are so many and that's an opportunity for scamer. Moreover, the development of crypto users continues to grow. The new users were their delicious food. Scammers are not just greedy, they take other people's rights and that is very evil. I hated him so much, he deserves to go to hell. Gluttony with a large profit offering can characterize that scam. There are ways for them to seduce their victims. They take advantage of our time panicking, offering help, great benefits and much more. For beginners this is really attractive, they have to be more careful. They have to read a lot and research a lot to make a decision so that there is no harm.

MuffinMaster

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That’s true because majority of scammers lure in investors by showing them high return on cheap investment. Many shitcoins are alive only because people buy them because of their cheap price and they never took off. People refrain from own research and fell prey of scammers after reading the catchy slogans.

Quote from: Bravehash on March 21, 2021, 01:24:37 AM

who dares pay you 300$ for coins that worth 100$??? Like seriously I don't blame these scammers but the greedy sellers who want to make 2x gain without any work just like that

That people are fooled by greed is stupid, but that does not excuse the scammers.

lovesmayfamilis

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Probably many have heard the saying: "There's no such thing as a free lunch." Anyway, every day we come across a lot of stories that scammers have deceived someone. I think that there will always be some form of deception as long as human stupidity and naive dreams of getting rich quickly flourish. The famous Barnum said for a reason: "There’s a sucker born every minute"
Therefore, you must always keep your mind in a sober state, since any negligence and belief in what the fraudsters promise us, threaten us with the loss of funds, and they will have another victory.

Oceat

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I wonder if someone has a hunch before making a trade if they think the offer is too good to be true. I guess this comes from an experience but if this is his first trade then the greedy one didn't bother to follow the instructions since he's filled with emotions already. And the scammer is a smart one although compromising their reputation just for a few dollars.

I don't think someone has to fall for that level if they were a reputable P2P traders but if the money included is too big then it's expected that they were ready to go for it compared to what they will receive when trading.

Well, one way or another either one of them might make a move to scam and it's inevitable since greed is involved.

batang_bitcoin

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Quote from: iamsheikhadil on March 22, 2021, 02:41:00 AM

It reminds me of a scam that had happened with me, I don't exactly remember the exact amount, the person was offering Bitcoins through localbitcoins at really very cheap price but I was an idiot back then, can't really blame myself either, I was immature and a kid, so the person was selling bitcoin through "offline" as in face to face and in localbitcoins (idk the recent rules) if you purchase face to face, the escrow system is optional and that person sent me a screenshot (fake one) that escrow is on and I can pay, and silly me, I paid and he blocked me instantly. Later, I came to know about it and found on Google he was a big scammer and has done it with many people. He was later arrested as well I guess, and that time bitcoin was like really low in price so my around $50 worth of coins would have been so much now Grin

lessons really learnt in hard way and really as you said, greed is lethal and can lead to even death if not controlled in time.

That's hell of an experience but I'm more concerned if you are still holding a lot by this time. Those offers that we see on P2P exchanges needs to be taken seriously if you're mostly doing trades there. As for me, I don't have to worry about it because I only trade on spot exchanges. Sometimes you'll really going to be tempted doing the trade if you find it beneficial and higher than the others but you shouldn't go in an instant if it's too good and deceiving.

Coyster

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Quote from: Zilon on March 23, 2021, 01:53:06 PM

...I would suggest a campaign against scammers should be launched so as to sensitize crypto investors on what to expect and how to apply cautions to their investments

There have been many such similar suggestions to somewhat protect people, newcomers most especially, but a culmination of the whole matter is that it's impossible to protect everyone in the cryptocurrency ecosystem, no matter what is done or amount of effort made, people's follies will still give them away to scammers.

I suggest people to be well-grounded in the network before investing, by well-grounded, I mean learning security protocols and other whatnots that have to do with protecting their funds, if you choose to be your own bank, you're by extension your own security and no one else can do that job for you.

Zilon

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Greed is one of the looter of public and personal funds. Get rich schemes has made many bankrupt and is still Keeping a handfull in debt. You can't be expecting to have a huge return from a little capital. Some scammers go as far as promising their victims 50-100% return on each invesent made which is literally impossible. I would suggest a campaign against scammers should be launched so as to sensitize crypto investors on what to expect and how to apply cautions to their investments

TheMimic1

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Quote from: robelneo on March 22, 2021, 02:21:00 AM

Quote from: Bravehash on March 21, 2021, 01:24:37 AM

who dares pay you 300$ for coins that worth 100$??? Like seriously I don't blame these scammers but the greedy sellers who want to make 2x gain without any work just like that

Don't hesitate to check buyers feedback, some are well rated as they have no dubious attempts in mind

Also do not release coins unless you receive deposit in your bank accounts and also find fair buyers that buys at normal rate, nothing is for free in this world, if something is too good to be true it's 99% certain that it is a scam.

I don't see the logic of paying $300 for coins that worth $100, it's either the seller is drunk or made a huge mistake, if he made a huge mistake then it's a costly mistake, but be still be very careful if you are trading to someone who has this offer then show honesty and confirm if he really wants to trade, and check his feedback, there are people who trap people because of their greed, and if you are not analyzing properly you are likely to fall.

I confirmed it today when I was trying to sell USDT for naira on binance exchange, there are insanely eye popping offers available on binance P2P but it's easy to know that they are scam because few of these offers have a note that sellers must release coins first before they can send them their money which is against binance P2P trade rules, too many people are still in haste when trading that's why they fall for such, if they take some minutes to look very well they will detect that such trades are not safe

BITCOIN4X

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Quote from: iamsheikhadil on March 22, 2021, 11:43:16 PM

The only fool will be who never learns even after getting scammed, it's humane to make mistakes and learning from it should be the goal,

Have you ever heard that someone around you is being scammed twice at about the same time for the same case and problem?
It was an experience my friend will hardly forget when he lost his car. Often someone who is a victim of a scam does careless thing when asking others for help. Their unstable emotion make it easy enough for them to trust someone who want to help them and it has become an opportunity for another scammers to make him a victim for the second time.

In the crypto world, almost all scam case stem from user carelessness. We are responsible for having assets in our wallet at this time, and our carelessness was the culprit when a scammer managed to acquire those asset. Greed often create problem that we don't want, it is very easy for someone to get attracted to ponzi scheme when we are they are very greedy.

iamsheikhadil

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Quote from: Smartvirus on March 22, 2021, 04:34:11 PM

So, the trick is basically based on you to have released coins based on trust. That wasn't greed, that was out right stupidity on the side of the seller. A mean, why should you confer such trust on one you do not know and have never met! The success of your activities in the crypto space is basically on how private you keep your details and how you don't trust anyone.
These exchanges go as far as making the release payment or acknowledgement of payment a 2 step process to ensure that your sure to have received and not to have clicked by error means. So, its just some users being too selfless on there part.

I agree so much, while it's so easy to blame scammers for the scamming part, we never actually blame our own stupidity for which we were bound to get scammed now or later, by that particular scammer or by someone else. The only fool will be who never learns even after getting scammed, it's humane to make mistakes and learning from it should be the goal, today we might get scammed for a very low amount, but if we learn our lessons right, we might be saved from getting scammed of our entire life savings later in life, which has happened to many older people who has lost their entire life/retirement savings because they never had experienced scams and hence trusting everyone.

Mr.right85

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Scammers hunt for the greedy onces because they are always in a haste about opportunities especially when it comes cheap. This is just how your greed ends you in a mess you might not be able to recover from, thats if you recover at all in a long time.
Scammers have no definite idea of who the greedy once are and as such, they test everyone the same way until your spotted through your enthusiasm towards making quick money and not willing to follow due procedure. They've thrown this to people over the years, it worked and is still working to this day.

Topic: Scammers always hunt for the greedy ones (Read 434 times)