Scammers show no mercy, this is how serious crypto investment has become

KingsDen

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Scammers are killers. These people kill everyday by different means. The scammers include but not limited to;
1. Fake Ico
2. Pump and dump scheme
3.Hackers
4. People that lures newbies to invest in what doesn't exist
And lots more.

Quote from: bill gator on March 28, 2022, 06:38:14 PM

Quote from: DevFile90 on March 24, 2022, 08:11:10 AM

It's sad but true that scammers have made more money than investors themselves in this bull market

The above statement might seem exergerated and lacks data to back it up. But if you handle scams case by case, individual by individual, company by company, you will understand that OP might not be wrong.

For my own case, the money I lost in this crypto space to scammers, I am not close to regaining it any soon.

decodx

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🇺🇦 Glory to Ukraine!

Quote from: CryptoHeadlineNews on April 30, 2022, 02:25:18 PM

One thing everybody just needs to know is that scamming will always exist whether you like it or not, so the earlier you know this and continue living your life and avoiding any website that promises to double your investment within a few hours, days, or weeks, the more happier you will be

That's right. Scammers will always find new ways to scam others.

In fact, the first step to stay in control of your finances, your future and your freedom is to know and understand the power of scams and know how to spot them. You can do that by educating yourself and learning from the mistakes of others. The more you know, the less you are going to be scammed.

CryptoHeadlineNews

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Quote from: DevFile90 on March 24, 2022, 08:11:10 AM

It's sad but true that scammers have made more money than investors themselves in this bull market, this is why you need to be extremely serious with your money,

I simply don't agree with the above statement mentioned, because thou scammers may have robbed a majority of people of their hard earn money, investors have made more money than scammers in a long run. Know this and have a peace of mind. Thou it's very sad that these guys use smart tactics to lure away people's money with an offer far too good to be true, which is very heartbreaking when the victim finally figure out they have been scammed. There are so many ways scammers operate this days, which if you are not that discipline and careful, you may end up falling into it.

One thing everybody just needs to know is that scamming will always exist whether you like it or not, so the earlier you know this and continue living your life and avoiding any website that promises to double your investment within a few hours, days, or weeks, the more happier you will be

firmino10

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elysian.finance

to me, i feel we should be looking for better ways to educate ourselves on safety measures against scammers. they are on the rise, so also are alot of investors. make research about a coin before investing, making use of hardware wallet. also posting useful posts to educate one another, sharing experiences that will help 0thers not to fall prey.

GeorgeJohn

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Quote from: TreyARC on April 06, 2022, 04:35:08 AM

It's never going to be possible for all of us to have the knowledge you are talking about, we all start from somewhere as a newbie and we made many mistakes along the journey, new kids are been born everyday and they grow up after many mistakes too, see? Scammers will always have someone to prey on, its inevitable.

a wise newbies is not suppose to adventure into cryptocurrency mistakes subsequently, because the necessary information needed to escape from getting lost or landing negative side of cryptocurrency has be taught about and discuss and expose some certain secret and review the pathways that can lead not venture into mistake, yes i know vividly that mistake can occur but not occasionally.

erep

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Quote from: cabron on April 09, 2022, 10:11:16 PM

That's why they are called scammers. Out to snatch money from someone, they would assume you are rich because you can afford to invest. I have also invested in some projects that I thought is real, the team has youtube channel where they discuss their project there but in the end, thier token wasn't even listed in any exchange and then they just stop. Can't believe the boldness but yes they become a scam taking my ETHs.

You should be aware that influencers are paid to create popularity of projects on various social media, so you should not follow what they promote because all those projects are worthless except for the false hype. Some influencers don't care about the reputation of the project but the estimated approval paid to them, so stop investing in influencer solicitation and you should analyze the project based on your own opinion.

cabron

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That's why they are called scammers. Out to snatch money from someone, they would assume you are rich because you can afford to invest. I have also invested in some projects that I thought is real, the team has youtube channel where they discuss their project there but in the end, thier token wasn't even listed in any exchange and then they just stop. Can't believe the boldness but yes they become a scam taking my ETHs.

libert19

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Lol, even when crypto was in infancy, it was true. If something is having value, even a little bit, scammers are bound to come.

Taskford

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Quote from: Viscore on April 09, 2022, 03:47:37 AM

Quote from: mk4 on March 28, 2022, 11:14:11 PM

Yea.. large scale hackers sure made a lot of money, but I think your claim is a bit too far-fetched.

Guess what — scammers will always exist, inside and outside of the cryptocurrency space. Nothing is going to save people from scams than to stop being so naive and delusional.

So being scammed is definitely a choice of ours. We will not be scammed if we will not allow them to. This is why we need to be more knowledgeable on the investments we want to take so as not to make wrong decisions that will only lead us to be the target of scams. And as much as money is involved, we should always learn to start with minimal capital first especially on the part of newbies. And increase it gradually once we start to make profits from it.

Indeed we will not be scam if we just listen to the feedbacks of other experience person as well we do our research upon accepting the proposals of scammers so if someone get scam by them then its their choice and they let their greed money eat them that's why they experience a severe consequences of the action they do. Scammers don't have any mercy as they are also experience doing this so for sure they only think about their gains and not their victims welfare.

traderethereum

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Quote from: DevFile90 on March 24, 2022, 08:11:10 AM

It's sad but true that scammers have made more money than investors themselves in this bull market, this is why you need to be extremely serious with your money, we investors are the ones funding scammers' pocket, this is why you should avoid most metaverse projects and play2earn games, remember they are hungry and angry people that will go any lent to achieve their ill-gotten dreams, lets stop helping them.

As long as we can be careful in choosing projects for investment, we can avoid scammers who want to steal our money.
Most people, especially those new to crypto, think that if they see an attractive offer to make a lot of money in a short period, it is real.
That is why there are still people who are caught in the traps of these scammers.
If we can study every new project that attracts us to join and find out why that project has the potential to develop in the future, I think we can choose which projects we can use as our investment.

Viscore

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Live with peace and enjoy life!

Quote from: mk4 on March 28, 2022, 11:14:11 PM

Yea.. large scale hackers sure made a lot of money, but I think your claim is a bit too far-fetched.

Guess what — scammers will always exist, inside and outside of the cryptocurrency space. Nothing is going to save people from scams than to stop being so naive and delusional.

So being scammed is definitely a choice of ours. We will not be scammed if we will not allow them to. This is why we need to be more knowledgeable on the investments we want to take so as not to make wrong decisions that will only lead us to be the target of scams. And as much as money is involved, we should always learn to start with minimal capital first especially on the part of newbies. And increase it gradually once we start to make profits from it.

nurilham

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Scammers are scary but we can avoid them by being more careful and thorough. if you say that scammers get a bigger profit than investors then I'm not sure about that because it depends on each investor and the amount of loss. scammers take advantage of the careless by the lure of attractive offers that lure people to follow suit. actually deception depends on ourselves, if we are more vigilant and careful then the fraudsters will also be difficult to deceive us. so we are the ones who must be responsible for our own assets to avoid all forms of scams or other losses. scammers are everywhere and we can't get rid of it, stay away as much as we can.

Hypnosis00

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Quote from: Beparanf on April 08, 2022, 09:22:05 AM

Yes we all have greed deep inside but being scammer is not a result of being greedy alone because they are neglecting there conscience and following wickedness so being a greedy is not a reason to scam someone.

Not greediness, but it was their will to scam people and nothing they made good in their life, they will continue to scam people for as long as many aren't yet educated. Conscience? These people don't have such a thing in their mind nor to have mercy, what's in them is to see people lose their money and get happy.

That is why we encourage everyone to know more about the investment we planned. We should have to be smart more than these scammers do, and lastly, stop being too greedy.

Kelvinid

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Quote from: DevFile90 on March 24, 2022, 08:11:10 AM

It's sad but true that scammers have made more money than investors themselves in this bull market, this is why you need to be extremely serious with your money, we investors are the ones funding scammers' pocket, this is why you should avoid most metaverse projects and play2earn games, remember they are hungry and angry people that will go any lent to achieve their ill-gotten dreams, lets stop helping them.

How could you say that metaverses and P2E projects are scams? No, they're some but not all of them.
They are so many scam tricks that these scammers do, not only in metaverses and P2E platforms. they had used several platforms.

Yes, we should be careful and choose the projects to invest it wisely. They'll somehow exist and be really smart but if we don't let them scam us and educate ourselves from their tricks, they'll soon stop.

Beparanf

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Quote from: 5W-KILO on April 08, 2022, 09:15:35 AM

Scammers do exists off the crypto world as well, we are humans and we have greed in us, some know how to tame theirs and many don't know how, crypto or no crypto people will always fall victim to scams offline, greed is just like anger, it can destroy and also reshape, my advice is know when and where to be greedy, it's a dangerous weapon that can go against its wielder.

Yes we all have greed deep inside but being scammer is not a result of being greedy alone because they are neglecting there conscience and following wickedness so being a greedy is not a reason to scam someone. It took more than that to be able to scam somebody especially newbie that don’t have knowledge on crypto. So as an Investor, we should do our part to become cautiouand trust no one in crypto especially startup project that obviously don’t have plan at the start for a long term development.

5W-KILO

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Moon.win

Scammers do exists off the crypto world as well, we are humans and we have greed in us, some know how to tame theirs and many don't know how, crypto or no crypto people will always fall victim to scams offline, greed is just like anger, it can destroy and also reshape, my advice is know when and where to be greedy, it's a dangerous weapon that can go against its wielder.

Jating

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Quote from: Ketesnuko on April 07, 2022, 07:10:23 AM

The Crypto world would have been less risky if every investors have to go through some screening before entering the crypto space and start investing but crypto is 101% free for everyone, mistakes will be made, projects will be hacked and so on but only those who learn from their mistakes will have a place in this crypto world.

And we always remind them of that, specially newbie investors or traders. I was once a victim as well with those so called bitcoin doubler before, I thought that it was real. Nevertheless it is a hard lesson for me as scammers here will be in any shape or form. In short, never trust anyone here as we really don't know who is the individual behind. Maybe you an do your own investigation (DYOR) but it's not a fool proof as well.

qwertyup23

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Quote from: mk4 on March 28, 2022, 11:14:11 PM

Yea.. large scale hackers sure made a lot of money, but I think your claim is a bit too far-fetched.

Guess what — scammers will always exist, inside and outside of the cryptocurrency space. Nothing is going to save people from scams than to stop being so naive and delusional.

I agree with you- scammers exists regardless of any platform. As long as greed exists, then scammers would continue to operate as long as they have the opportunity for it. Then again, the only way that these scammers win is when beginners or naive people fell to their prey; that is why it is nothing but imperative to do any research about a certain project/giveaway before fully committing.

Lastly, be careful with some projects that may seem genuine on paper. There are also lots of projects that cloak themselves with tons of genuine materials but are rotten to their core- though this kind of scam is relatively harder to detect, one must always exercise caution nonetheless.

Ketesnuko

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The Crypto world would have been less risky if every investors have to go through some screening before entering the crypto space and start investing but crypto is 101% free for everyone, mistakes will be made, projects will be hacked and so on but only those who learn from their mistakes will have a place in this crypto world.

Doan9269

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Quote from: DevFile90 on March 24, 2022, 08:11:10 AM

It's sad but true that scammers have made more money than investors themselves in this bull market, this is why you need to be extremely serious with your money, we investors are the ones funding scammers' pocket

I've come to think of it, we the investors has the money at hand and are ready to invest on any reputable coin or project while the scammers lack the fund but has enough knowledge to manipulate you into investing on their shitcoins or fake projects, that is why one has to build himself up to a certain extent beyond necessary doubt.

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