Two strong policies to save your being scam - page 3.

YOSHIE

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Quote from: The Cryptovator on September 26, 2021, 01:22:52 PM

1. Nothing is free in the world, so don't expect anything for free.

It makes sense, of course, to just go to a public restroom, of course have to spend a few cents.
What else says free up to tens of dollars.

Quote from: The Cryptovator on September 26, 2021, 01:22:52 PM

2. There is no such money-making machine that would multiply your assets within a day or month.

If it exists, it's clearly a scam.

Effort, sacrifice, perseverance, thorough, diligent, knowledge, courage, that's a real machine to make money, rich and successful people take years to achieve success and start from the bottom, not a week or a month, if someone says to multiply money in a matter of minutes, it's called tuyul aka the devil.

robelneo

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Quote from: The Cryptovator on September 26, 2021, 01:22:52 PM

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 would like to add moderate your greed and always do your own research, there are a lot of projects that look great on the surface but will end up a dead coin in the long run, don't go for the hype and check if the developers have armies of shills to make the project in a hype.
always check what the project is bringing to the community and what is the reaction of the community on the project.

cryptoaddictchie

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Fully Regulated Crypto Casino

Point number 2 could sometime invalidated by some of our traders or expert in defi. I am active on Twitter and lately seeing some achievement of their high gains within certain period of time. Well cant believe it right away, but if this is true then there are some could do it in such fashion. I dont know if this applicable for everbody but there are really exception with that policy.

gagux123

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Quote from: The Cryptovator on September 26, 2021, 01:22:52 PM

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.

There are some relevant points that weren't mentioned above, and I'd like to share with you!

• There is no fixed income on cryptocurrencies, it is almost impossible for you to promise a fixed return on extremely volatile assets.

If you are offered, "Deposit 1 BTC and in 1 month you will have received 50% interest plus your Bitcoin, be wary of it, because there are high chances this type of "enterprise"" is some kind of pyramid or Ponzi scheme.

• An example that fits what I said above is, do not trust advertisements/publications by famous people (Vitalik, Bill Gates, Elon Musk and others), if you are offered the following condition, deposit 1 BTC at this address and in a week you will receive double the BTC, this is suspect!

Be aware guys!

Source

Edit: This example has the "modus operandi" that i mentioned above.
Fonte: theblockcrypto.com

Here is the tweet from @Cobra who is the site/domain controller

Quote from: https://twitter.com/CobraBitcoin/status/1440905892543832064

http://Bitcoin.org has been compromised. Currently looking into how the hackers put up the scam modal on the site. May be down for a few days.

I would like to share this point, because this informations was taken from the local board that I participate.

tranthidung

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Beware of "Pay original fine" - a scam method
Sometimes, it is hilarious if after you make a deposit, you did not see it in your account balance. Then when you create a support ticket, you get a response that you need to make a second deposit to make the first one be credited into your account. It's scam definitely.
Else, if your account is restricted (for any reason), and you are asked to send fee to lift the restriction, believe me, it's scam too

Darker45

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Quote from: Oshosondy on September 26, 2021, 01:34:46 PM

Quote from: The Cryptovator on September 26, 2021, 01:22:52 PM

2. There is no such money-making machine that would multiply your assets within a day or month.

It will be like invest $100, it will yield $10 daily or more, it is a scam.

High return are allows scam, I wonder where the people scammed think the scammers will get the money from, legit businesses can not be like that.

In my country, Bitcoin is used by scammers. Anybody who doubts the too-good-to-be-true offers could easily be brought to the charts and the historical prices of Bitcoin and some altcoins and somehow be enlightened. It is probably enough for the doubts of a lot of people to be resolved once and for all once they see that it is indeed possible. Truth be told, the reputation of crypto being a get-rich-quick scheme has some factual basis.

The traditional market and its legit businesses cannot offer what the wild wild west of crypto can. That is why it is hard to instill in the minds of some that crypto or Bitcoin is not a get-rich-quick scheme when in fact the data shows so.

Bitcoin has, for example, tripled its price in 3 months. So if a scammer tells you that he's offering a double-your-money investment opportunity for half a year because he is a Bitcoin trader, there is actually data which shows that is very possible. This is probably the reason why it is hard to combat these scammers.

Upgrade00

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Quote from: Zedpastin on September 26, 2021, 04:58:48 PM

As soon as you give away your seed or private key to a loved one you could be compromised. This is one of the issues with Bitcoin and there is no way of securely handing down your money to your family if anything was to happen without compromising the security of your Bitcoin by giving them your private key while you are still alive and using it.

One way to do this without compromising on privacy or security would be to create a new address and send a time locked transaction to it, with a certain nLocktime, then give the person the private keys to the new address. The address is currently empty, and in an event where something happens to you, they would get the funds at the specified time, except someone gets hold of the spending address and makes the spending txs invalid.

Your private keys to your active address remains secure with you.

hatshepsut93

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The thing is, crypto ecosystem broke those rules for a lot of people and made them more likely to trust crypto scammers. People who used faucets or airdrops and viewed them as free money could then believe in those doubler scams, because they have already got something for free, and they ignore the crucial difference that the doubler scams require you to send your money first. Similarly, people who got lucky and invested in shitcoins during a pump are more likely to believe in "get rich quick" scams like cloud mining or trading groups.

Zedpastin

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Quote from: Oshosondy on September 26, 2021, 01:34:46 PM

Quote from: The Cryptovator on September 26, 2021, 01:22:52 PM

1. Nothing is free in the world, so don't expect anything for free.

It will be like pay $100, you will get $200 in return, that is a scam.

Anything that promises you that you will earn money on your investment is a scam. No one can promise you that you will earn on your investment otherwise the whole world would be doing it. There is no guarantees in life and the sooner that people realize that the sooner that they will be more secure handling their money. Bitcoin is an amazing technology which allows you to have complete control over your money but that is not always a good thing because a lot of people do not know basic security and have not got the experience of life to handle their money. I think banks are a good way of handling the money of these people who do not have the maturity to control their own money yet.

Quote from: vv181 on September 26, 2021, 01:58:39 PM

An exception could be made that if you want to inform your loved/trusted about your assets, so in case bad things happen your trusted one can have the possessions. The last thing is, you also need to have a spare key for it. Store it on any safest possibility method that exists.

As soon as you give away your seed or private key to a loved one you could be compromised. This is one of the issues with Bitcoin and there is no way of securely handing down your money to your family if anything was to happen without compromising the security of your Bitcoin by giving them your private key while you are still alive and using it.

vv181

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Besides the two points above, I'd like to point out one thing.

Don't give any seed keys and/or private keys to anyone. Pretend that the seed keys are your house or car key, you wouldn't give it to any stranger that passing by and they ask you to hand over those keys.

An exception could be made that if you want to inform your loved/trusted about your assets, so in case bad things happen your trusted one can have the possessions. The last thing is, you also need to have a spare key for it. Store it on any safest possibility method that exists.

Oshosondy

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Quote from: The Cryptovator on September 26, 2021, 01:22:52 PM

1. Nothing is free in the world, so don't expect anything for free.

It will be like pay $100, you will get $200 in return, that is a scam.

Quote from: The Cryptovator on September 26, 2021, 01:22:52 PM

2. There is no such money-making machine that would multiply your assets within a day or month.

It will be like invest $100, it will yield $10 daily or more, it is a scam.

High return are allows scam, I wonder where the people scammed think the scammers will get the money from, legit businesses can not be like that.

The Cryptovator

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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.

Topic: Two strong policies to save your being scam - page 3. (Read 429 times)