The answer is simple, the profits and the promises blur their eyes.
The majority of people who are fooled are newcomers in this market, they have little experience with the cryptocurrency market. Besides, the wealth of crooks stimulates their minds, as soon as their minds are blinded by money they will not be able to think of anything other than giving money to scammers.
Topic: Why do people still fall victim to obvious scam? - page 29. (Read 5119 times)
I read the article and in this case I have to blame the investors rather than the criminal who ran away with the coins. I understand that greed is a basic human characteristic. But we all need to make sure that we don't incur any loses as a result of this greed. When someone offers you 2x or 10x returns in a month or so, you should first study whether his plan is viable or not. It is tragic that people continues to lose their hard earned money in these scams, despite information regarding the well publicized scams such as Plus Token available all over the internet.
I don't believe newbies only fall for this kind of scams like others are stating here. Someone fall for this trap because of the few things;
-they want to get easy money returns
-trust the site, people easily
-lack of knowledge.
Sadly, this kind of scam in twitter is circulating aroud. We just have to be vigilant not to become victim anymore.
-they want to get easy money returns
-trust the site, people easily
-lack of knowledge.
Sadly, this kind of scam in twitter is circulating aroud. We just have to be vigilant not to become victim anymore.
because people want to produce without doing anything, it has become a natural phenomenon, where you only spend a little money to multiply it, let's say 1 person sends 100 $ if 100 people then it becomes 10000 $, they are interested in big profits.
Smart scammers also use other possible versions of scamming people. Instead of scamming 100 people for $100, they prefer to make a trap for the whales at $10000. Greedy investors also fall to this trap usually, some people simply have no analytical thinking. Stay away from the advertisements looks too good to be true. because people want to produce without doing anything, it has become a natural phenomenon, where you only spend a little money to multiply it, let's say 1 person sends 100 $ if 100 people then it becomes 10000 $, they are interested in big profits.
Those people are actually the ones who aren't well informed or educated regarding investing. As an investor, you should keep in mind that there is no such thing as fixed in return to what you've invested. If there is, it should be provided by the banks and if not then it's 99% scam. These investors are also being blinded due to the influence of the people that surrounds them. Unfortunately they trust easily that's why they don't tend to do a research for themselves.
Personally, I think that people very often began to fall into the traps of fraudsters. Since scammers work very cunningly and offer very convenient conditions for people who want to get good money, but in an easy way. And almost all Internet users will come across these scam tricks. And I want to warn that all information needs to be checked very thoroughly and then it will be possible to avoid scammers and save their money.
In fact, I know traders who take money into management on certain conditions and they are not scammers, that's why such projects are not always fraudulent but if you don’t know then don’t go anywhere.
because people want to produce without doing anything, it has become a natural phenomenon, where you only spend a little money to multiply it, let's say 1 person sends 100 $ if 100 people then it becomes 10000 $, they are interested in big profits.
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Pls stop, there is no such thing as easy money, its either you learn or you quit or else you will keep losing money
This statement is nothing but the truth, people that run after quick money will loose the little they have to the scammers.The reason why people are been scammed is because human being by nature are self centered and greedy, we all want to earn more whenever we earn much.
The major victims are those that invest into the business without doing any research but focus only on the expected profits.
Instead of gambling with my money on new projects i will rather invest on top altcoins that have been around for years, the only thing i can do for new projects is to promote them, if they turn scam all i will lose is my time and energy
Not all scams are obvious until proven otherwise, some scams are well prepared that the chance of falling to the scam will be very high, no one is safe from scam
True, the fraudsters are obviously preparing everything to get a new victim, even though their main purpose is to cheat, but they do not want to look like a fraud, they do it to facilitate them in getting a new victim.
Not all scams are obvious until proven otherwise, some scams are well prepared that the chance of falling to the scam will be very high, no one is safe from scam
Paying traders to trade for you is wrong, they aren't the one at risk here, your money is, they have nothing to lose and the risk is not on their neck, i suggest people should learn trading instead, traders you are paying starts from somewhere too
Why do people still fall victims to obvious scams? Especially on twitter people are still sending bitcoin to traders, no one is a perfect trader, do not send bitcoin or other coins to people to trade for you, its stupid and foolish idea
Today a bitcoin trader on twitter exit scam and delete all traces off social media, i heard its about 53bitcoin, here is the link to the news
https://coinnewstelegraph.com/bitmex-bitcoin-fund-manager-exit-scams-before-christmas/
Pls stop, there is no such thing as easy money, its either you learn or you quit or else you will keep losing money
They only learned after they got scam, they want to go through a hard lesson, and that is getting scam, these people still believe that there are easy money investing and trusting these traders without doing research, an important reminder to always remember at this point in time is always Do Your Own Research, scammers are getting better because people are very much into Cryptocurrency.Today a bitcoin trader on twitter exit scam and delete all traces off social media, i heard its about 53bitcoin, here is the link to the news
https://coinnewstelegraph.com/bitmex-bitcoin-fund-manager-exit-scams-before-christmas/
Pls stop, there is no such thing as easy money, its either you learn or you quit or else you will keep losing money
I really want to believe that most people scammed here should be newbies. They have heard that crypto pays and without asking questions they grab any opportunity they see to make quick gains which lands them to being scammed but if old crypto people are scammed then know it's as a result of their greed.
Some people are greedy to earn thats why they can be easily fool for too good to be true offer even there's no such thing. Scammers are not the only one to blame but also those who bite their offer.
Scammers will exist as long as there are investors that are not careful when choosing where to invest. It will only lessen if we become cautious not to jump in any investment opportunity with big promises.
Scammers will exist as long as there are investors that are not careful when choosing where to invest. It will only lessen if we become cautious not to jump in any investment opportunity with big promises.
This seems difficult indeed to be eliminated because indeed every time there are many new people who join the cryptocurrency and surely they always think will get money easily. And it becomes a target for fraudsters who have long experience
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Simply because being ignorant and greedy. Though, we can't predict when will someone turn into a greedy creature and then exit scam but trusting our fund to someone else in the first place is just really wrong. if you are being confused as to why people could get easily scammed that way, you must see those people who joined multi level marketing or ponzi scheme. they are dumb enough to just believe stranger's word as if being a scam victim is like a natural selection.
The majority of frauds occur to beginners on the grounds that they are not based on deeper knowledge of the world of crypto and anticipate the risk of fraud that has occurred so far, and if fraud has occurred to those who have been here long, it seems impossible because they have experienced it beforehand and will be their lesson not to make the same mistakes.
What I think is that there's still new freshmen flowing here in the cryptocurrency space, especially twitter where there's a lot of young audience to fool. They might not scam those rich veterans here in the forum but there's a lot of non-investors in twitter that think making money is as easy as 1, 2, 3. They target those kinds of audience. Now matter how old technology is, there will always be illiterate.
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