Topic: Scammers aren't playing around, get serious with your money (Read 456 times)

Usually people will learn after experiencing to be scammed and lose their money. Thats how they realize their mistakes of not being careful where to invest and the importance of having knowledge on what you're getting into.

Doing your own research is really a must because its our hard-earned money that we'll put at risk. Scammers are everywhere and smart thus they wont stop scamming other people as long as there's a way, so be aware of that avoid becoming their victim.

What I think is that only newbies would fall to kind of setup by the scammers and if you have any experience to any kind of trap or money grab setup then congratulations for not falling again. Most new projects these days are all about grabbing money of investors, an investors who doesn't have any idea what they were doing.

It's hard to spread awareness and tell them to stay vigilant and cautious at the same time since scammers are getting smarter everyday.

As someone who has been reporting scam projects under the altcoin section, a website which contains incomplete information about the whole project itself is definitely a red flag. Like, why would the developers post a website of their project if it is still under construction? Better to avoid posting than to post something that can raise lots of red flags.

With regard to team pictures, I do not mind if they do not post their identities. What bothers me is that some projects post pictures of cliparts or stock pictures which definitely is a red flag. If they seem to hide their identities under the guise of cartoonish pictures, then it will raise some concerns about their overall genuineness.

Scammers act like they are professional and explained it you in a formal way so that you will go for them. But what we always put our mind that a legit site did not ask too many private info about your self they not ask your wallet seeds and most and for all they will not guarantee you a big amount within a few days.
Only scamm sites offer you an big amount of money in a short period of time.

Once you decide to invest in crypto without prior knowledge and preparation, you are more visible to scammers. Its not unknown that scammers these days are more brilliant than us but if we are more knowledgeable on the investments we have, then there will be less chances for us to fall for them. Also, we should be aware on keeping our investments safe and secured because if you are just too careless about it, expect that you always be taken advantage.

This is very accurate, that is why scammers are getting serious in scamming because their old tactics aren't effective in today's time yet there are still people getting scammed because of their lack of education and key points to determine whether they are getting scammed or not. Also, scammers take advantage on people that wants the easiest way possible, for example when gaining big profits in crypto, while some are studying day and night to gain a lot from crypto some will just for a program so that it will for them but they do not know that they are no such things are like that and eventually they are getting phished at and losing their funds.

Agree. Many posts contain advice to avoid scammers but the final decision is on your own. The better the scammer's persuasion the more you will be interested. In fact I myself received many investment offer messages through Telegram. But so far I don't even ignore it, in the online world I will not easily believe in anything managed not by myself. No matter how attractive the offer is I don't think I will win it because the crypto or online world is very risky with fraud. Currently in my country there are many cases of fraud using the Robot Trading application. And it harms new users and of course the name related to trading or crypto

This is very well said. Scammers will use ANY excuse to take your money and valuable personal information. They may even claim to be a legitimate government agency, bank, utility, or insurance company. Most of these scams are originated through social media and email. In order to recognize this scam, you must be aware of the red flags when these stories hit your newsfeed.

As technology evolves scammers also develop strategies to take advantage of new technology. Today, they have found a new use for social media websites like Facebook and Twitter. Today, social media websites are filled with fake profiles that are created in order to deceive and fraudulently obtain money or personal information. As more and more people develop online social networks, social media is becoming a massive avenue to reach more people.

When it comes to crypto-related projects, scammers are becoming more sophisticated by the minute. A social media profile can be created almost immediately and marketed to hundreds or even thousands of followers within a short amount of time. The scammer's objective is to recruit followers to join a fake movement and gain new followers with the help of hype. During these times, it is important to be vigilant of people, especially people you don't know personally, who are contacting you through a different social media platform. If someone is contacting you to promote a new crypto project or a new coin, it is most likely a scam.

My advice is if anyone wants to invest money on new projects make sure the teams aren't Anonymous, scammers are hiding behind every cotton just to do their deeds successfully, p2e and metaverse projects of this days are having invincible team, be careful.

And this is why new projects dev are escaping arrests when they scammed their investors, anonymity has been used in so many fraudulent ways and nothing was done about it, just because BTC Dev remain anonymous and the project works as intended doesn't mean others have same aim as Nakamoto.

Bitcoin's founder was and remains anonymous. But that's because the idea and protocol is so good, we don't need to know the name of the creator. An anonymous team or an individual doesn't necessarily mean the project is bad and is a scam. Unfortunately, many are today because they are centralized, pre-mined, and tokens created from thin air meant to enrich those who minted them.  

To say the truth I belief that the birth of new projects is why crypto is growing more and more, shiba inu was a new project in 2020 and it changes many lives, most projects that gave me the most lucrative gains are new projects not BNB not BTC or ETH, we need to be more careful when going for new projects.

$600 is a huge amount of money just to invest in a new project that not many people know about the project. If I were him, I wouldn't use that kind of money in a new project but invest in bitcoin, ethereum or more promising bnb for profit. We hope he learns from his mistakes and doesn't repeat making the same mistakes as we will see many more new projects. So it is better to invest in the right projects or choose the coins from CMC.

Don't tell me you expect crypto to gain this huge publicity and there won't be countless of newly created projects.
Like it or not, it is good to look into new create coins or tokens in other to get new opportunities that the market presented and through this chase is where I found Oasis chain but new project chase is never meant for crypto investors that don't know what to for before investing in a new project.

The numbers of new tokens and coins getting listed on coingecko, coin sniper and coinmarketcap is big compare to that of four years ago if none of you sees this as a big threat I do because newbies cares more about new coins and tokens and I don't blame them.

You bought very early without fully understanding where the team are heading but I don't blame you buying tokens at early release date is more profitable, the lesson I've learnt is if I have to do invest in such projects the team must not be anonymous.

Am really sorry for your lost, Seriously I don't invest my money in all those new coins entering the market, some of them looks very real, they always make sure they plan everything well and you will be deceived and after investing the run with your money. If we are investing in any new project we should always make sure we do research very well and be sure you are not investing in scam project, am always pained whenever I see anybody losing money to scammers.

Ah yes, I would even remention this if I could.
Facebook, in my experience, is the most infested with scammers even if I was not joining crypto groups there. It's those people with fake accounts vouching for random figure that is purely just a stock images with a little touch of photoshop so that it wouldn't be searchable in search engines that easily.

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A lot of those are coming from the comments in crypto pages. It's either BTC or ETH holders that they are targeting.

They're upping their game for sure.  I've noticed a ton more on FB lately.  The newest thing I'm seeing is creating some digital art on a fake product like a T-shirt for a specific group, say a certain NBA team & posting... "noone on my timeline appreciated this T-shirt, but I knew you guys would haha"  Ridiculous!

The sad part is we don't actually get angry with scammers until we became a victim ourselves, mistakes gives birth to extreme precautions so warning newbies will only work on those that want to learn and avoid mistakes by all means. . Pretty good post OP.

The decision always end up on someone's hand. Yes there fould be some way to avoid being scam and this is is prevention to temptation of earning free whoch sound so suspicious. Not all giveaway can easily be considered safe. As we all knew how dangerous to be affiliated to such free and being end up scammed. I had once a scammed activity and I learnt from it. Yes its so crazy wanted to find the culprit but I just tell myself that I would never again fall on this kind.

Right from my time I don't accept any telegram channels that is all about new project because so many tend to be fake , am trying to avoid what may make me to give a try on what they are talking about. Before I must join a telegram channel I must make sure that the project is real and much research have been done about it. After joining some of this scam project telegram group some members of it comes into your pm to do advertisements about the project, that's to tell how desperate this scammers are.

Not just on Coinmarketcap, these scammers are also scattered on different social media platforms... Facebook, Twitter, specially Telegram, there are lots of scam. Research(studying) is indeed one of our strongest weapon against this frauds. In my case, I learned from experience, I was once scammed in telegram of a user that owns a bot, called dodge mining factory, at first it allows you to cash out your earnings, but since they had more and more investors, they disappeared. Telegram account deleted. I did not lose much, and the money was just free from different groups and bots I joined when I was very new in crypto.

Indeed we need to be wise as well otherwise, they will take advantage of that. Perhaps, we have to deal with them and so taking serious doing research is much helpful to make them minimize and spread awareness to the community.
But OP is right, we can't rid of them totally especially if we keep supporting them. They come growing instead as many people were still blind not see fake and scam projects.

Scammers are becoming more smarter everyday, they are now capable of spending more money on good looking website to confuse some newbies, I lost 600$ to a new metaverse project this way last week, before I know what's going on the team block comments on telegram and now their website is offline, the thing is I can't sell the token on pancakeswap after buying, be extremely careful fams.

When we talk about crypto projects then it is no secret that at least 90% of all such projects are created with malicious intent, and mostly it is done by the same people who have been doing it for years. If we look at our forum and the number of bounty campaigns, and how many of them end up without participants being paid for their work - then all these scammers have virtually free advertising, with minimal investment in each project, because they use the same schemes with minor changes.

The average beginner who has no or very limited knowledge of the crypto world is easily convinced that a project is good just because it has its own website, white paper, and social media accounts - and mostly doesn't care who is behind the project. Figuratively speaking, finding a good project is like going through a minefield blindfolded, and I think you're right if you say you don't want to do it.

Its getting even more difficult to differentiate a real project from a scam project, there are few scam projects this year that was well spent on in terms of the website details and also information about upcoming roadmaps, I think I might just end up giving up on new projects totally.

If you say this, you could say that I also belong to the new group of people because indeed I started to be in crypto even when the world was caught by the virus.
But what makes the difference is that many people still don't want to learn but want to have an instant profit.
systematically this is something that is very impossible to happen that's why a lot of beginners are still trapped by the seduction of these scammers.

i think who are still deceived because the are new in crypto and we know that after this covid many of them WFH and them didn't know abaut crypto and them started learning crypto and this is target of scammers is cyrpto beginners

I personally see that their techniques are actually not much different and they are all almost the same but there is indeed a slight update as in the trend or which is currently hype in the objects they offer. The techniques and strategies they use are still pretty much the same as luring something with investment and profit illogically or distributing dusting to our wallets like Minerium, TheEver or TheVera.

Their way is always the same but the execution is slightly different but there are still many people who are still deceived by this.

I like that statement.  "Scammers are bunch of researchers".
Because of the crime they are into we tend to underrate them. But these guys are too smart and dynamics. They know the latest trend, first they know the best way to do them rightly and then they chose the dubious way. Since they know the two edge of the sword, they will bait you with the right process and when you fall for it, they will transfer you to the dubious way and scam you.
It's best to be skeptical about everything and then be smart.

Nowadays is very difficult to differentiate a legit project from a scam project due to the number of new altcoins that come into existence in the cryptosphere.
Investors are always advised to carry out their research before investing in a project but still, many investors are falling for a scam project. Crypto is no longer safe for anyone, both the wise investors fall into a crypto scam project. This is a big problem facing us all, pray to get lucky not to invest in a scam project. Scammers are strategizing their moves on projects to look promising and legit

Research is one key part in any investment option. Scammers are bunch of researchers too who make their victim pay for the information the neglected or the research the failed to make.

It's simple if an investor fail to do their research the have no other option than to pay for their ignorance. Scammers aren't playing at all so investors needs to get serious with their fund as op stated to avoid paying for ignorance

True.

And the reason why everyone is reminding everyone to DYOR. It's going to be what you need to figure out if a project is a scam and just hiding into a hype trend like metaverse or nft.

They'll never stop until they're busted and I think even if they're busted and not yet behind the bars, they'll continue what they've been doing no matter what the trend is.

True, the thing is every projects needs to upgrade their servers from time to time, we see crypto exchanges do this to avoid hackers penetrating through their secured platform, also this is why we need to update our phones to latest patches even windows OS do release updates to stay secured for the better, scammers means business.

The ways Scammers are bringing new strategies that seems to be real everyday is increasing. One thing about scamming as far as the internet is concerned people will always want to use it to make money by all means . To avoid being scam is to be extra careful with things that we can't really tell how reliable it is. Am happy for OP he was not gotten by the scammers.

"DYOR" has always been an indispensable factor for investors who understand the network pretty well, mind you also that investors who invest in altcoins/new projects have more research to do cause there are a lot of shitcoins and pump and coins amongst the many projects, with little or no good ones to pick from.
Many investors want to "get rich quick" and as such they can't differentiate between what is too good to be true, and what is actually true, so they keep on making bad decisions regarding their investments.

Seriously scammers are really looking for new techniques just to scam people of their money which is very bad, I believe we all have to be very careful in coins which we invest in because scammers are just after the money which they will make, they will push you to invest in a coin then after investing your money is gone, some coins are very real which you won't believe they are created just to scam but at the end they run away with our money so we just have to be very careful not to fall victim.

Exactly, scammers changes colour like a chameleon, they move on once a present trick isn't working and look for a trending option, the reason why these scammers are successful with their plans is newbies lack of patience, this is what give birth to not having time to do research at first before making a decision.

I think it's not because of investors not being severe, but it's about the lack of education for security purposes.

Imagine someone investing in crypto because of a referral, and he has money to lose, and then he is just off to buy one of the things he sees, with great marketing. Then he tries to the hype and sees that he could "earn," and then next thing you know, the curiosity and the lack of orientation on how people get scammed in the crypto space happens to him. He is then discouraged because he didn't know he was falling into a trap.

The best way is to spread security options and attacks and be aware of the possible approaches of scammers/hackers.

I like the title. Scammers want to money and they go hard to get the job done. It's time people take responsibility for their silly mistakes and get serious with their money. Recently I have noticed some reoccurring threads, newbies telling stories how they got scammed. Do your own research cryptocurrency is not alien technology! It's unbelievable that people still store their private keys online and feel secure about it. How irresponsible is that

As technology improves scammers also develop strategies in other to adjust to the current situation they find themselves, that is why every individual should re-strategize, buckle up in order to protect their various ways of income, especially those into cryptocurrency because they believes that cryptocurrency cannot be traced that is why I they prefer to scam or  attack cryptos owners.

Be security-conscious

Scammers never quit...

If I am a scammer who used to create hyip websites in the past to make money off innocent people and now things are looking boring what do you think that I will do to survive?

I will definitely look into something that's currently trending and that my friend is crypto indeed.

Do you know how easy it is to build a token?
Do you know how easy it is to build a website?

Many don't have good interest for crypto technology they are here to take advantage of new crypto dreamers like you, now what is the hottest topic in crypto space today? Meme coins and metaverse 🤔🤔

There are too many projects today using the name of Doge and Meta, wait ✋have you checked out the new projects on coinmarketcap today? They are full of meme coins, metaverse coins and Play2earn games.

Before you end up becoming a victim you should start taking research so serious, scammers aren't playing around, they aren't here to waste their time, get serious with your money.