The root of scamming is misinformation, if you are not informed, you will like do things that are either out place or do it the wrong way.
One of my principles about scammers is ignoring, I have been a victim twice:
The first one was selling my BTC in a escrow group I know nothing about, that happens because I couldn't verify my kyc on a local exchange and that's how I was duped but was later verified after the scenario.
Lesson learned: Be patient in crypto.
The second was loosing my btc to cloud mining I know nothing about.
Lesson learned: Invest in your knowledge while investing.
From then, I block and report scammers anywhere I see them.
Topic: Two strong policies to save your being scam (Read 429 times)
For newbies,
As the title said, and already discussed many times on the forum how to prevent scams. Here is two strong policy that would prevent you being a scam.
1. Nothing is free in the world, so don't expect anything for free.
2. There is no such money-making machine that would multiply your assets within a day or month.
Hope you all get the point of what I want to say. Just keep in mind that two policies would save you from a lot of scams.
These policies are truth and nothing but the truth. Ever since I learnt my lessons the hard way, I have been very careful. As the title said, and already discussed many times on the forum how to prevent scams. Here is two strong policy that would prevent you being a scam.
1. Nothing is free in the world, so don't expect anything for free.
2. There is no such money-making machine that would multiply your assets within a day or month.
Hope you all get the point of what I want to say. Just keep in mind that two policies would save you from a lot of scams.
Nothing is free even in Freetown. No one is willing to offer a stranger something freely. You will have to work and earn gradually.
Secondly; if someone has the ability to double your investment. He should have kept doubling his instead of looking for your fund.
But the bitter truth is that they will not hear until everyone gets a taste of the pill.
I know that there are many scammers out there trying to bait newbies as they have the advantage compared to the newbies that had no experience in marketing and trading.
I know newbies may not be so knowledgeable about the network, but I'm afraid, many of the scams that happen is not as a result of that, but basically stems from people's avarice and their thoughts of getting rich quick through crypto. I mean, I'm pretty sure many people would not fall for the crypto scams they do if it was their traditional Fiat currencies that was used by the scammers, that basically just exposes what quite a lot of people view the network as, a place were they can make quick money and leave, return after a while and do the same, and keep repeating that, but (un)fortunately, it does not work that way. Since many have taken that part and decided not to garner any understanding of the network, it's security protocols, risks concerns, modus operandi of scammers, etc, then more often than not, they'll continually lose their funds to scammers.Understanding the market is not so hard to do but too unfortunate that this is just somehow been a decline. They just realize how important it was once they fail and after losing their money.
I know that there are many scammers out there trying to bait newbies as they have the advantage compared to the newbies that had no experience in marketing and trading.
I know newbies may not be so knowledgeable about the network, but I'm afraid, many of the scams that happen is not as a result of that, but basically stems from people's avarice and their thoughts of getting rich quick through crypto. I mean, I'm pretty sure many people would not fall for the crypto scams they do if it was their traditional Fiat currencies that was used by the scammers, that basically just exposes what quite a lot of people view the network as, a place were they can make quick money and leave, return after a while and do the same, and keep repeating that, but (un)fortunately, it does not work that way. Since many have taken that part and decided not to garner any understanding of the network, it's security protocols, risks concerns, modus operandi of scammers, etc, then more often than not, they'll continually lose their funds to scammers. For newbies,
As the title said, and already discussed many times on the forum how to prevent scams. Here is two strong policy that would prevent you being a scam.
1. Nothing is free in the world, so don't expect anything for free.
2. There is no such money-making machine that would multiply your assets within a day or month.
Hope you all get the point of what I want to say. Just keep in mind that two policies would save you from a lot of scams.
As the title said, and already discussed many times on the forum how to prevent scams. Here is two strong policy that would prevent you being a scam.
1. Nothing is free in the world, so don't expect anything for free.
2. There is no such money-making machine that would multiply your assets within a day or month.
Hope you all get the point of what I want to say. Just keep in mind that two policies would save you from a lot of scams.
Aha! Lots of newbies are surely going to fall on this kind of mindset that 'free' or 'giveaway' stuff will always exist. In addition, they also do invalidate the efforts of others by downgrading the amount of effort someone exerts just to earn on this forum.
While I do understand that every newbie's dream is to participate in campaign signatures, they must first earn their way to participate. With newbies being created daily, the amount of posts and replies that I see coming from them are just staggering. Most of them reply with little to no sense at all which defeats the purpose on why they created their accounts.
If you newbies truly want to earn, then start improving your post quality by reading books, and/or surfing the internet to gain knowledge on cryptocurrencies
Sad thing is that even before Bitcoin was born, this kind of scam already exists (e.g., turning your $10 into $100 in 10 days) and newbies and beginners are still prone to this scheme.
New generations are growing up, they have easy access to the internet through mainstream mobile phones. Scamming people has become easier to do with crypto because it's not regulated. Most of the time, you have no one to turn to for the recovery of your funds. Even if you do, if the scammers are smart enough, they won't be found. Although we can’t stop these scammers from continuing to deceive people, experienced ones like us can prevent newbies and beginners from getting victimized by educating them on what’s real about Bitcoin.
It's the ignorant and gullible ones who become victims. Those who only see the promised profits without asking themselves where that money is supposed to come from. If you don't immediately recognize a bitcoin doubler as a scam attempt, I am sorry, but there aren't many ways to help you. You will experience it the hard way sooner or later. Not you personally, just to be clear.
There are lots of scams here of all kinds so you have to be more careful. it's true that nothing is free here and to get results is also not easy, it takes hard work in it so it takes a process from ourselves. I often hear that many people are deceived and suffer huge losses, it can be used as a lesson for us not to easily believe and be provoked by the lure of big profits. Be a wise person in doing and deciding things so as not to harm yourself.
For newbies,
As the title said, and already discussed many times on the forum how to prevent scams. Here is two strong policy that would prevent you being a scam.
1. Nothing is free in the world, so don't expect anything for free.
2. There is no such money-making machine that would multiply your assets within a day or month.
Hope you all get the point of what I want to say. Just keep in mind that two policies would save you from a lot of scams.
As the title said, and already discussed many times on the forum how to prevent scams. Here is two strong policy that would prevent you being a scam.
1. Nothing is free in the world, so don't expect anything for free.
2. There is no such money-making machine that would multiply your assets within a day or month.
Hope you all get the point of what I want to say. Just keep in mind that two policies would save you from a lot of scams.
Sad thing is that even before Bitcoin was born, this kind of scam already exists (e.g., turning your $10 into $100 in 10 days) and newbies and beginners are still prone to this scheme. Although we can’t stop these scammers from continuing to deceive people, experienced ones like us can prevent newbies and beginners from getting victimized by educating them on what’s real about Bitcoin.
For newbies,
As the title said, and already discussed many times on the forum how to prevent scams. Here is two strong policy that would prevent you being a scam.
1. Nothing is free in the world, so don't expect anything for free.
2. There is no such money-making machine that would multiply your assets within a day or month.
Hope you all get the point of what I want to say. Just keep in mind that two policies would save you from a lot of scams.
I know that there are many scammers out there trying to bait newbies as they have the advantage compared to the newbies that had no experience in marketing and trading. As the title said, and already discussed many times on the forum how to prevent scams. Here is two strong policy that would prevent you being a scam.
1. Nothing is free in the world, so don't expect anything for free.
2. There is no such money-making machine that would multiply your assets within a day or month.
Hope you all get the point of what I want to say. Just keep in mind that two policies would save you from a lot of scams.
That is why i wanted to thank you for sharing your knowledge to the newbies like me in preventing scams. I have zero experience in trading and i still have a lot to learn. I'll keep this in mind and remembered this as an advice given by my seniors like you because i know that it'll help me in the future. I hope seniors like you continues to guide newbies as we look upon you as our motivation.
legendary
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Thank you for sharing your experience, many newbie are still falling victims to this scam of a trend called NFT, from it very beginning I away fate it was shady. The thousands and millions I see people wasting on this worthless arts are just too good to be true. Why would someone buy some random artwork that can be easily recreated for that high value.
The elite in the industry are just hyping this NFT trend, using this medium to milk us of our funds, they're the ones buying their NFT themselves and act like they're valuable in the market and later dump it on the gullible gamblers wanting a fantasy in which they buy an art and resell almost instantly then name millions overnight.
The only way you can be rest assured of having a reasonable return of investment is by investing in Bitcoin and it doesn't make how much you have to invest because, you still get same percentage of return as someone that could afford a whole Bitcoin.
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1. Learn to control your greed2. Expect gains only from your investment portfolio or something you spent energy and time on cos nothing comes for free
Number two seems real because of the experience I've been through these past few months where I tried to invest in the NFT games which is I think would give me pass income than other investment methods. Guess what? I ended up losing half of my capital because they ended up closing or canceling everything. Most of the NFT games that I invested my money ended up close keep promising their investors that they will come back which I think they won't ever come back again. They are only good at promising their investors, if you take their bait, then you might end up losing more money. Thankfully I was able to recover half of my capital and even though it's not that big, it was a nice experience for me to know how dangerous to trust such kinds of projects when they don't even have anything to prove that they can do what they have promised.
For newbies,
As the title said, and already discussed many times on the forum how to prevent scams. Here is two strong policy that would prevent you being a scam.
1. Nothing is free in the world, so don't expect anything for free.
2. There is no such money-making machine that would multiply your assets within a day or month.
Hope you all get the point of what I want to say. Just keep in mind that two policies would save you from a lot of scams.
As the title said, and already discussed many times on the forum how to prevent scams. Here is two strong policy that would prevent you being a scam.
1. Nothing is free in the world, so don't expect anything for free.
2. There is no such money-making machine that would multiply your assets within a day or month.
Hope you all get the point of what I want to say. Just keep in mind that two policies would save you from a lot of scams.
If it seems to good to be true, then beware. I fall for it one time and I lost everything I have, I fully trust the person because she is my close cousin but then money is the root of all evil. Yes, this thread is helpful everyone should be reminded.
People will always fall victim when ever they hear any scheme that that doubles money when investing in trading and the funniest thing is that time without number they have been hearing about how people loss money(scam) in a place where money is been invested to earn double and still they still fall for into their hands.
1. Nothing is free in the world, so don't expect anything for free.
2. There is no such money-making machine that would multiply your assets within a day or month.
2. There is no such money-making machine that would multiply your assets within a day or month.
What you wrote is true, but let's go deeper into the problem and ask ourselves why do people still become victims of scams? I will say because they are insufficiently educated, naive and first do something and then ask others for their opinion, which is a completely wrong way in which nothing good awaits them.
Unfortunately, due to language barriers, advice like yours does not reach millions of people, and in addition, some promote cryptocurrencies as the magic money of the Internet, which is just an ideal base for scammers. I would add that anyone who is not aware of the dangers that exist should not use social networks, especially Telegram which is the number 1 tool for scammers.
For newbies,
As the title said, and already discussed many times on the forum how to prevent scams. Here is two strong policy that would prevent you being a scam.
1. Nothing is free in the world, so don't expect anything for free.
2. There is no such money-making machine that would multiply your assets within a day or month.
Hope you all get the point of what I want to say. Just keep in mind that two policies would save you from a lot of scams.
Your first and second points sounds the same to me, I will like to add my own rules of staying safer in crypto spaceAs the title said, and already discussed many times on the forum how to prevent scams. Here is two strong policy that would prevent you being a scam.
1. Nothing is free in the world, so don't expect anything for free.
2. There is no such money-making machine that would multiply your assets within a day or month.
Hope you all get the point of what I want to say. Just keep in mind that two policies would save you from a lot of scams.
1. Learn to control your greed
2. Expect gains only from your investment portfolio or something you spent energy and time on cos nothing comes for free
3. Strangers don't just walk up to you and promise to change your life, they always have their own plans, better to shut all strangers off most especially on telegram and other social media
You can simply block the unknown users on Telegram to send message to you or add in any groups as most of the time they send similar messages on Telegram to scam you of your money.I have blocked them personally also.
Open telegram> settings> privacy and security> groups> my contacts
I was blocking the scam people before, but I later also noticed some groups are only existing to be harboring scammers, I later had to delete many groups on my telegram account.Open telegram> settings> privacy and security> groups> my contacts
Alternatively, you can click on the name of the user, click on the name again at the top, press on the three dots at the right side in the upper part, "block user" will also be seen.
Also this can be done for group, but "deleted or leave group" will be what to press which is effective.
I have seen many scammers using the even legit telegram group for scam, like posting their bitcoin address, telling people to pay and be rewarded double or more, the message will later be deleted by any of the group moderators, but we do not know who would have send bitcoin and be scammed.
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Mine is a bit stretch and they want me to contact me in either their Telegram or WhatsApp. They are claiming that they can 8x my money within a week, and they have these stock photos in Facebook claiming in their bio that they are Forex trader, crypto trader and full-time crypto investors and all that kinds of stuffs that you know that makes money from investment.
They want me to give them $100, and they just did not know that I baited them a little bit.
Open telegram> settings> privacy and security> groups> my contacts
Then you are done from all the pop up notifications from all these fake groups chats that are trying to find one victim for fund loss.
Not your coins not your funds and similarly your funds your responsibility.
1. Nothing is free in the world, so don't expect anything for free.
We have so many things that are free in the world, the air you are breathing is free as you are not paying for it. Take a visit to the hospital to see how much per hour people relying on life support are paying for their oxygen that you are breath freely. In the cryptocurency space, we also have things that are free and they called airdrop. Now I am not taking about the airdrops that requires you to waste your time promoting them with different tasks they give you but those that are actually doing genuine airdrop.
While we keep saying airdrop are not worth it, people have made thousand of dollars from UNIswap airdrop, dydx airdrop and so many other airdrop. Do not just chase after the worthless airdrop that should be the advice but participants in genuine ones should be encouraged like if you see an exchange doing well but do not have a governance token, best you can do is make some trades on that exchange so as to be eligible or an airdrop if they come up with one in the future.
Actually if only one person offer them a too good to be true profit for sure many newbies will decline but unfortunately this kind of scams is organize by many people as they created a group to make their work success as they mostly posted a profit towards their investment on the platforms and this the one effective method to lure newbies. New boys in town should always put this on their head that there's no group of people can give them a huge amount of money without doing anything and if someone tells you that you can earn money even if your sleeping then turn down those offer since most likely its a scam.
I was about to say this actually but you already state the obvious and in addition scammers nowadays are getting smarter to fall their victims with their bait. If only newbies won't be so greedy just because someone offered them a nice return doesn't mean it hasn't some risk and that risk they should be aware of because I'm sure what the scammers are after is your lack of sense of how to minimize/avoid the risk. And just like what the OP, said there are no free money in this world, either one of you is going to win and the other is going to lose.This is why people need to be smart in terms dealing money online since even their relative can able to scam them if there's huge money involve how much more the online strangers where we don't even see there face nor know little information about them so its really good not to go with those person who lure and promise that they can earn huge money the same with them.
People need to understand that before we earn we really need to put a huge effort on everywhere we go.
Do this always and you are ready to deal with someone online. Although, I can't completely say that the risk will be down to zero but at least you have the proper knowledge and that's what important.
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