Topic: The fruit of greed is never good,, - page 2. (Read 668 times)

I think rather than greed this is a lesson in the consequences of ignorance. DeFi is really not all that hard to master. Before you start, you should do your own research on what is safe and what is not safe. Anyone can easily google this information. It would seem your friend thought he was above worrying about risks. And this is what happens.

Whenever one has the risk to lose money or worse, life/health, then one must always have done their own due dilligence.

Anything else is pure laziness and expecting a good outcome at that point is unrealistic. An expensive lesson was learnt.

Which wallet was he using? Simply curious. I'm not really sure if a Bitcoin wallet can be connected to services like Web3 wallet. Yet it's nothing new in this field, and it's not the scammers' fault. Well, it's a fraud, not a hack, lol. Most likely, your friend received a greedy offer and became uncontrollably greedy. But he learns a hard lesson from it. A crypto user should just keep their funds his wallet and sit back. He should thoroughly research scams and cryptocurrencies. There will be more incidents of this nature.

As you all know that greediness is a curse and if anyone is greedy in the crypto market he will surely going to lose his money. I know many people who are very much technically strong in fundamental analysis and technical analysis but they lack their control over emotions and they become greedy during trades and investments and in the end lose their money.

Both new and old members should take this thread serious,  as we have heard different stories of similar in the past and just a few weeks back, a popular campaigns manager also got his wallet hacked and all campaign funds up to 4k weres stolen from the wallet.

-So there is a need for to protect our wallet with secondary security layers where available and necessary, to avoid easy access to transfer funds.

I also received lots of messages like invitations, offers and freebies.  The only requirement is to connect my wallet to their site and sign to agree with the connection.  I always ignore this kind of message because we all know that lots of phishers and hackers are out there trying to trigger our greed and trick us to let them have access to vital information of our wallet or inject script so that they can hijack all the incoming and outgoing transfers of our tokens and coins.

I hope those who read this thread learn from the story of @OP, never be greedy, and connect your wallet to any link sent via pm of an unknown person on any social media platform.

I have received multiple messages from telegram of such airdrop but the need to have a wallet connect give me a turn-off and I suspect them, we have hard few cases where users' balance get wiped off all because they connect the wallet and are granted hackers access to the accounts.

-ops yoy should please educate your friend to stay away from such practices if not hackers may moniter the account closely and could in the future clear off bigger amount than this, greed is good in some aspects but being gullible is what is total wrong.

It's really not that different, just changing the branding of a scam doesn't change the scam type at all. There are 3 types of scams in the crypto world that everyone needs to know, and two of them are world famous in the fiat world as well. One of them is ponzi, named after Charles ponzi who did it for the first time, and the way it works is that they ask you a lot of money at first, and offer you a ton of return per month, saying stuff like "we offer %20 USDT per month" type of thing is an obvious red signal.

Second is pyramid, it is more like "you pay me 100 bucks, and for every person you bring in I will give you 70 bucks, so second person forward you will make a good profit". And third which is in crypto alone is rug pull, simply take as much investment as possible, then leave with all the money you collected.

There's nothing wrong with trying to be ambitious in trying new things, honestly. However, where the nag is when people get offers of financial gratifications from total strangers and they fall for it. The internet isn't a safe place and that's why we ought to always be cautious. Scam activities are more pronounced on Telegram than on any other social media sites. A few days ago, I came across one that tried talking smooth and had a girlie picture and name on their profile. I wasn't moved by all that but I played along until I got to the point where I asked them how much they wanted to scam me of. It was at that point that the conversation paused. Opening links sent to you for business purposes from total strangers should be seen as one opening oneself to scam.

Greed itself is a sin. And any reward of a siner is never a good one. Nothing good comes from being greedy. Most times we get greedy unknowingly just as your friend did. He enters the link not knowing the consequences, not knowing it was a trap. As a bitcoin investor, you have to be very careful and smart not to click on any lint that you are not sure of. I have heard stories on how people are been scammed because of their greed. Someone shared his story on how he was asked to invest some money on a particular app and within three day he will will get times three of his investment.  He invested and he was scammed. This is greed because how can you invest and you wont do any tax and you will get double of your investment.
My advice is as a bitcoin investor, you need to be very careful not to fall into trap. As technology is improving, hackere are also improving.

from this experience we learn about bitcoin knowledge from all things, if you lack knowledge then bad things like this are prone to happen. most of the fraudsters promise lucrative profits, so that many ordinary people are deceived. if it's like this, of course we can only let it go so that the same incident doesn't happen again, and be more careful in protecting our assets, because it's difficult to manage it so that our assets return, especially the lack of legal basis in cryptocurrency

I believe we are all grown up and aware that making money is extremely difficult, making money outside takes a lot of effort. So there is no reason to think that making money online will be easier. As a grown man, think like this, if money were earned so easily, there would be no poor people in this world. People don't need to go to work as workers, sweep the trash or pick up trash to make a living. I also believe that OP's friend understands that, if he wasn't greedy, he wouldn't have clicked on the link and should know that making money isn't easy.

Imho, his friend got tricked and it’s not greediness if he is not aware on danger of crypto because his purpose is just to invest and earn money. Greediness is if you want more despite you already have enough profit. On this scenario, The friend just want an honest investment but scammer trick him to whatever investment offer he promise.

Lack of knowledge and being ignorant on potential scam is what happened here because the victim is a newbie. I will understand if he still get scammed despite being aware of scammer trick.

If not greed, then what is this? We all have greed, if it weren't for greed, we wouldn't risk investing in bitcoin. But greed combined with ignorance will cause extremely unfortunate consequences. If he weren't greedy he wouldn't have clicked the link. Losing money is something everyone regrets, but consider it a lesson of life, we still have a lot of opportunities to earn back the lost money, so there is no need to regret it, but get up from where you fell.

this kind of thing we always have to be aware of, because there are many ways that fraudulent oknoms do in their actions, and they always offer such a big bonus when looking for victims, so for those of us who are easily tempted by this it is very easy to get into their trap, and as you said greed is the biggest thing to be easily influenced, So we have to be careful in keeping the assets we currently own because the crypto world is very prone to fraud problems.

It's very important to build knowledge of wallet securities before buying or owning your first satoshi, this is important because if you don't know how to be independent and proactive in your wallet security,  you can lose everything.

-it's most important to note every term and the permission you are granting because most of the wallets connect layer 2 network and the rest of them have access to your wallet and can carry out transactions.

I see it quite a bit differently than most of the people here. It is basic user principle for Internet users to not click links from people or websites you don't know or are not sure about. Whether it is an email that is suspicious or some stranger asking us for sensitive information, this has nothing to do with crypto in specific. If I tap my toes into a domain I am not familiar with, I will still stick to some basic rules that universally apply no matter where I am and what I do. The same way you should not drive a car when you are drunk you should also not click on stuff on the Internet arbitrarily.

A really simple example: if someone comes to you at an ATM asking for your debit card because they want to put it into the ATM and deposit some money into your account, would you give them your card? I mean why the hell would someone I don't know pay me any money for no reason?

We don't click on spam emails or emails from senders we don't know, we don't give our debit card to anyone for no reason, we don't click on links on websites we don't know, and we don't open links on telegram from people we don't know and we don't expect any links from.

I admit that there can be ver sophisticated scams, but this one is the most basic one out there that can be avoided by literally anyone who has ever learnt to not click everything you see on the Internet.

Every one is prone to mistakes, at least we all learn from our mistakes but some people don't. People these days have turned telegram as a means for their scam activities so we should all be careful. Your friend wasn't actually greedy, he just fell victim. On his own side he messed up because he didn't ask questions before doing anything. He shouldn't have signed up or connected his wallet to any link on less he confirmed it to be true or legit.

You friend was not greedy, he got Phished like many other people that are getting Phished every day. I get phishing emails daily from fake NetFlix sites trying to get my credit card information and my account information ...or links to a fake Online Banking site... but I always remember Rule #1 ===> Never click on links in your email!

Yes, I feel sorry that your friend lost his Bitcoin, but people should be more street wise when it comes to anything money related. There are people out there that spend most of their lives, trying to steal money from you.... you have to do everything in your power to stop them.  

Beginners with little knowledge will not know about this type of fraud because many frauds have been modified by fraudsters so that they can work again and that is the type of fraud that we have often encountered in the past. We must always try to update ourselves by reading the latest information on many sites and comparing it to find more details about what is happening.

If we can use Telegram properly, we will be able to feel that the person we are talking to is making a very attractive offer that looks good to be true even though it is a scam. We can see if the person is on our contact list so we will know who it is.

When someone says they will make you rich then just sense its scam because no one in this world is working for others to become rich so beware when you sense that kind of words coming to you. Clicking a malicious link can infect the device so the hacker can access your device from somewhere and do whatever he wants to do with your device that is why we need to keep updating our knowledge about internet scams is important.