Topic: Staying away from scam. - page 2. (Read 293 times)

Scam is just one thing that I have come to realise: scammers don't need any reason for them to start up a scam scheme; it's just their usual business, and that's where most of them feed from. They steal from others in order to feed themselves and their families; it's as bad as that, and they don't care about how the next person they are scamming is going to feel.
 
So most times it's about greed, or about looking for quick money. Most times it's just about trusting the wrong people, who we should not even trust with a pin in our house, and trusting someone is just all most of these scammers need, as most people don't waste their time or resources on something they know nothing about, but based on who brought that information to them, they have to give a little of their trust to that, and they end up getting scammed along the way.
 
So to me, anyone who wants to get free from scams should at least have a little trust issue with anyone they have not met before. At least, such precautions can save a lot of people from losing money to strangers.

Thanks for the advice. The increased in number of scams during this period may not really have to do with the hustle and bustle of the end of the year. We are in a time when the space is being flooded with many fake projects because the market is getting bullish. The hype of the bull season is attracting many entrants, more newcomers are coming into the space and scammers will like to play on their ignorance by launching all kinds of pumps and dumps just to rip them off their funds. We should always do due diligence before investing on any project.

Quick money to be able to have a great holiday celebrations is what may lead people into falling for several scams that are already over the place. The holidays is about family. It is not about who is better than the other. It is about family, love and togetherness. There is no one to try to impress because there is always someone who has it better than you.

Do not set unrealistic goal without a tangible plan. A person may set a goal of making $10000 from cryptocurrency before the year runs out and when you ask them how to aim to achieve it, they will tell you that they will invest in some shit coins, memecoins, nfts,  and once it pumps, they cash out. This type of person is only going to set himself up for being a potential scam target.

DO NOT TRUST VERIFY.

The majority of people that fell for scammers were driven by greed. They decided to invest in a get-rich-quick scheme without knowing or considering the consequences. Fast money is the reason why most people prefer to put money in shitcoins because they assume that Bitcoin is too slow. They want to invest today and make a profit in a few days. I am not moved by the pleasure or fun of the end of the year, hence I don't make investment decisions because of the season. I spend based on my income and I am contended with the little things I can afford. So I am not under any form of pressure because of this festive season.

It has always been recommended that every investor should do comprehensive research on any area of crypto he intends to invest in. Nobody should lure you to invest in what you know little or nothing about. Forget about the hype on diverse social media and other communication platforms. These firms can even hire well-known sportsmen and other celebrities to promote their poorly planned crypto products or services just for the sake of attracting unsuspected investors. Any platform or crypto Investment that promises high returns within a short period should be investigated.

A lot of people are just desperate to make money right now. That's why they always end up being scammed. Scammers are always taking advantage of people's desperation, and they believe the only way people can fall for their lies is by offering them quick money, making them believe they can make the money they haven't made since the beginning of the year, they will be making it within the few weeks left until the end of the year, and they do promise them zero risk being involved. Whenever people who are really in need of money see things like this, they easily believe them and follow what the scammer asks them to do.

Whenever you are into anything, we shouldn't talk about crypto alone. If you are being promised a high reward for an investment, then it's better you do more research on it, because if you don't do more research, you are likely to fall victim. Scammers are always making offers that you will find difficult to reject, but if you make the mistake of accepting them, then your funds are going.

Scammers will be deceiving newbies with airdrops, and most of them are fake. It's another strategy just to steal from newbies, but we all have to know that there is no free money in the crypto space, if you are making money, then you will have to work for it. We shouldn't fall for the Airdrop scam, most scammers will want to use that to get access to newbie wallets, so if you think you can make free money in the crypto space, then you are wrong, don't fall victim.

Unfortunately, too good to be true is what the rest of our world wants to hear, especially those that are under the radar, they just want to be out so much that, the pressure of getting out clouds there good judgment.
In most cases, they get what they deserve. While a few learn, the rest are always about trying again with yet another scheme. Obviously, these scammers aren’t tired of doing what they do.

The making fast money or getting rich suddenly from a tiny investment is one idea that seems well propagated by cryptocurrency and a lot of people buy that. Entering laziness in the truths of the world to be sold a lie by scammers. You don’t sell truth to buy a lie, it will always result in a gross lose.

Be real in your investment choices and expectation of ROI. It’s the one means to be safe while investing. What you couldn’t archive in the whole 11months, don’t think your likely going to meet a golden opportunity and archive it all in just one month, you could be messed up.

Those scammers will still find their victims from somewhere out there no matter how many posts we make and how much we try to safeguard newbie investors from all these things, the reality cannot be changed and the reality is that most of the new investors in the cryptocurrency industry come with the mindset that they can earn a lot of money in a very short period and it's not their fault for thinking this way because they have been guided this way, or I should say that they haven't been guided well.

So, such posts might help a few who stumble upon them, but most of such scams and scammers will still find people that they can get some money because there will be some people who would believe their words and think that it is possible to get 2 ETH back in a week after investing 0.5 ETH.

Most scammer gives too good to be true offers.  So we better know what are the things considered too good to be true stuff.  Things like doubling our money in just a few days, company that offers high daily interest and people making unbelievable promise of making us gain huge profit by investing on their projects.

In addition here is some information taken on the internet that can help us recognize and avoid scams...

How to Recognize an Online Scammer
Ways to spot and avoid scams

Trust me, the amount of people who are truly desperate in getting rich by investing in ponzi-schemes are rampant during this period given that the next fork is about to happen. I just hope that these newbies and beginners would understand that getting rich is not about cutting corners- it is all about hard work.

If getting rich were that easy, then every cryptocurrency investor would be rich by now. This is the reason on why some fail as an investor and they have nothing to blame but themselves for falling into this very obvious trap that scammers built.

Lastly, if something is really good to be true, then doubt it. Prevention is better than cure- stay away from offers that look very attractive as they are most likely involved in a shady scheme that may left you in danger.

It's such a pathetic experience these days that people are not staying away from scam again, they are the ones going to get being scammed by themselves, they will try all possible and necessary means to ensure that they are being attracted to you, but not everything that looks nice are really going to be nice on us, they can be deceptive, we should also curb the way we get greedy about life, it may be another means to help us stay far away from them if we are not greedy of making money fast.

I will talk about people that are already in crypto field for some time, newbies are so exposed to scam since they don't understand much things about wallets security and avoid attempting tokens investment,etc..
Personally, I have been scammed just lately when I received a job offer and a promise of an interview just before testing their game which was am infected launcher on my computer. Fortunately, I had no assets inside that Metamask wallet. But when I sent some funds not knowing that my computer and specifically that wallet keys were compromised I lost that small amount instantly.
It's not about staying away from scam but it's better to understand how these scammers work and how they plan to avoid them and even report their activities to warn others.

If newbies can understand that nothing comes for free, no free money online it will be difficult for them to fall for scammers. What scammers normally do to get peoples interests is offer free money or something that is very valuable. It will be good of people not to take free gift serious from strangers online. Their is no free gift from strangers it is always a trap and don't  fall for it. Beginners needs to be extremely careful on how they are to inquisitive to become rich so fast.

I think we can't stressed that enough, we have seen lot of forms and shapes of scam in crypto, impersonations for one like in Twitter, or too good to be true offer like luring you to a investment that will give you huge returns and others.

The best weapon against this scam is to really educate our selves. This should be the first thing that we should learn when we get ourselves involved in crypto. I myself was a victims of such scams as well in the beginning, I don't know if you heard about "bitcoin doubler" before. But when I enter crypto space it is one of the most rampant scams being run but I was gullible as a newbie and like the rest of those who have been a victims, attracted to the huge % that is supposedly be your profits without doing anything in your end. So it's a big lessons for me and I was glad that it did happen early. Now I equip myself with knowledge and promise not to fall for any scams in the future.

It’s the festive season again. Christmas comes with a lot of expenses as it has become a culture to spend lavishly during this period. Scammers take advantage of this season because they know people feel the pressure to make something out of a year that’s coming to an end especially if their goals have not been achieved. They naturally want a success mark for the year, making them vulnerable to high profits investments and money doubling scams.

Indeed, all that shine is not gold, you are talking about phishing attacks and I agree with you that on events like Christmas, Halloween, etc. scammers will try to spread as many phishing links as they can. You might can receive an email from any airdrop that you might have joined a few times back or maybe not joined, but that email will have a Christmas theme and will be saying "You won this prize to claim it click on the link and verify it" etc.

These types of email scams are so common at Christmas and people are in emotion feeling so happy and ignorant that they mostly wear off the thoughts that there is a term scam and we have to avoid it. Scammers are utilizing this emotion of people, mostly of old people because they know this is the right time for grandparents to scam them, as most of the grandparents save money for their grandchild to buy them gifts but when they click on some link send them via email that if they buy this one product they will get 100% discount 50% discount, etc. And they fell for it.

Greed and lost for filthy wealth is what is driving more people to be scammed always. There is a way human mind functions that if you don’t control that greed level, you will always fall victim in hands of scammers and projects they bring to scam people. Before investing, know what you’re putting your money into, calculate the risk involved and be careful when making a quick decision so that you don’t miss out. Most fear of missing out always end in regrets. So take your time to analyse the project, its advantage and disadvantages before putting your money into it.

I would not to let the pressure of this festive period inculcate in us and thereby make us get involved into risky business or make nasty decisions that will make us regret. This festive is a season to celebrate with family and friends not a time to spend so much that you have or the little you gathered through the beginning of the year. Take a chill and relax, let those who have enjoy as it suits them and you who does not have to that extent manage what you have.

Many will want to gamble with their money and many will be deceived by scammers out there, so it is left for us who has understand the kind of season we are, even those scammers are trying their best as well to scam others so they can as well flex this festive period but we shouldn't fall victim of any

We have seen in the past that when bull market starts and the hype over crypto is built up then a dozen scammers pop up everyday phishing for newbies.
People who stay active on this forum have a benefit over others that they know about the various ways scammers use to scam newbies.

Well this is a golden rule anyway. A lot of people forgot that due diligence is important at all. One should always remember how to study and give some deep search on the details ot be able to know if they are joining a legit one or have potential to grow projects. Scammers are with us and o one can stop them from doing that. So we ourselves just make sure to have protection to these kind of people.

Actually, the scammers use that method - that's all, but why are so many people still getting scammed? In fact, in my experience, it's not just beginners who get it, even those who have been in crypto for a long time still get it. Is it true that greed can close our logical thinking? even though usually what scammers laugh at is below market prices, profits of hundreds of percent, and other gold glitter. But why.