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Topic: Why lots of people got scam easily (Read 5604 times)

jr. member
Activity: 392
Merit: 2
October 15, 2020, 05:35:00 PM
You have three valid statements that you have clarified above, yet regularly that happens to new investors . the first is restricted information that keeps them stuck in garbage ventures and large prizes are lure to pull in market speculation. furthermore, my recommendation is just one, never contribute all your capital in the event that you can't restore the criticism you will get.
member
Activity: 712
Merit: 15
SmartFi - EARN, LEND & TRADE
October 15, 2020, 03:55:16 PM
I totally agree with everything you said. But to add to that, I think most often we decide too soon about a project without making solid research about it, probably because of the opinion of some people or analyst. A simple research could change your mind and save you from a bad investment.
sr. member
Activity: 1344
Merit: 335
#SWGT PRE-SALE IS LIVE
October 15, 2020, 01:28:43 PM
I got scammed several times. Mostly from pre-sales and uniswap rushes.
It is really very easy to be scammed if you invest in a new project especially in uniswap. When i find something impressive and hyped, time is always too short to decide. And sometimes that time is not enough to understand if the project is a scam or not.
dont tempted with hype there, most of project in uniswap was have anon team and also they didnt provide any document for their project plan. many investors scammed by uniswap project, most of them thinking hype still going on and profit will come if they invest on it. dont be hurry when you make decision about your money, better to hold on and let opportunity missed than we lost our money.
member
Activity: 143
Merit: 17
October 15, 2020, 01:41:14 PM
Dk if I in the right place, but what do you think re ltc price?
will it go down?
found a clear h&s pattern that may indicate the break down... but will it?

any thoughts?
member
Activity: 898
Merit: 19
Do it For Better Humanity (Bitget trader)
October 15, 2020, 12:39:07 PM
Things why a person can easily get scammed in crypto-world

1. Greed
2. No knowledge about the project
3. Trust

This are the three main reason why they get easily scam
Greed, because there are a lot of promise by the campaign and the developer we easily believe that its true
investing a lot of money in the project that is garbage.
No knowledge also is the second reason because of the trend they just go and invest without any knowledge of the said project
Trust because they trust the people in the project which sometimes pretends that the person is a member of the project
they can easily decieved that once they invest , they will soon find out that the person is just impersonating , and not really
what all expected.


Also people got scam due to too much confidence or ignorance.. Many will ignore making thier own research before investing on a rpjext and also some have too much confidence in them selves by believing that they are always right.. These kind of people mostly got scammed.
member
Activity: 532
Merit: 36
There is gold in volatility..
October 15, 2020, 12:23:48 PM
Things why a person can easily get scammed in crypto-world

1. Greed
2. No knowledge about the project
3. Trust

This are the three main reason why they get easily scam
Greed, because there are a lot of promise by the campaign and the developer we easily believe that its true
investing a lot of money in the project that is garbage.
No knowledge also is the second reason because of the trend they just go and invest without any knowledge of the said project
Trust because they trust the people in the project which sometimes pretends that the person is a member of the project
they can easily decieved that once they invest , they will soon find out that the person is just impersonating , and not really
what all expected.


Impatience too is another factor why people get scammed easily. If you are not patient to hold for a long term, then you will be looking for quick gains, the cost of quick gains is always scam.

so, if people can be patient, the rate of scam will decline by a huge factor.
hero member
Activity: 1316
Merit: 503
October 15, 2020, 11:00:38 AM
A scam is made up of two components: the fraudster and the deceived person.
Over the years fraudulent practices have become more sophisticated and innovative. The scammers are also extremely diverse they can be either new or old in their marketplace that generally believes in rewards.
Therefore, it is flawed to say that the scammers are greedy, have no knowledge and have too much confidence in the scammers. We need to consider the objective reasoning of the fraudsters' progress.
Do not be too quick to label a project as a scam because we must first understand a scam's definition.

The scam, according to the Merriam-webster site, is "a fraudulent or deceptive act or operation," so the question is if there is a project that promises the value of the tokens they make will turn out to be worthless, do you think a scam or not?
sr. member
Activity: 1246
Merit: 263
SmartFi - EARN, LEND & TRADE
October 15, 2020, 10:52:25 AM
A scam is made up of two components: the fraudster and the deceived person.
Over the years fraudulent practices have become more sophisticated and innovative. The scammers are also extremely diverse they can be either new or old in their marketplace that generally believes in rewards.
Therefore, it is flawed to say that the scammers are greedy, have no knowledge and have too much confidence in the scammers. We need to consider the objective reasoning of the fraudsters' progress.
full member
Activity: 588
Merit: 104
October 15, 2020, 05:13:27 AM
I got scammed several times. Mostly from pre-sales and uniswap rushes.
It is really very easy to be scammed if you invest in a new project especially in uniswap. When i find something impressive and hyped, time is always too short to decide. And sometimes that time is not enough to understand if the project is a scam or not.
sr. member
Activity: 1313
Merit: 278
October 15, 2020, 03:41:39 AM
The crypto market has a reputation for being a sphere in which, with a successful set of circumstances, you can become very rich in a short time without major investments.
It doesn’t matter if this is really so, it is important that many people think so. Therefore, those who are here because of quick money are always looking for an opportunity for easy money.
Whether it is a trading signal which refers to the imminent growth of a coin or the free distribution of any coins in the form of an airdrop.

Therefore, people often simply don’t even understand what a dangerous adventure they are interfering with. Scamers act very cunningly.
First, they make promises, then force the user to take certain steps, that is, the user is already spending certain time and energy resources, and then they just require a small amount to get the final result.
A user who is tired of all this activity often sends his money just so as not to be disappointed because of the work already done.
copper member
Activity: 840
Merit: 114
October 13, 2020, 03:46:55 PM

greed and no knowledge is the main reason
because like the old quote said "Risk come from not knowing what you're doing"
wich mean people must learn before earn, so they will not get sammed easily
if I do by studying and keep trying. even I started my investment and trading without knowledge. I had a good experience first and then became interested in learning more deeply. maybe I'm lucky, but it's a nice experience that keeps me going in this market. I don't blame what you said. but sometimes I have insufficient knowledge. experience in the market I think is more important in providing knowledge to us.
member
Activity: 588
Merit: 10
Bounty Detective
October 13, 2020, 03:28:52 PM
I would put "lack of knowledge" in the first place. Since people who have (at least basic) knowledge about cryptocurrencies will be more difficult to deceive and sell them "garbage coins"
sr. member
Activity: 1039
Merit: 250
BabelFish - FISH Token Sale at Sovryn
October 13, 2020, 01:53:56 PM
Things why a person can easily get scammed in crypto-world

1. Greed
2. No knowledge about the project
3. Trust

This are the three main reason why they get easily scam
Greed, because there are a lot of promise by the campaign and the developer we easily believe that its true
investing a lot of money in the project that is garbage.
No knowledge also is the second reason because of the trend they just go and invest without any knowledge of the said project
Trust because they trust the people in the project which sometimes pretends that the person is a member of the project
they can easily decieved that once they invest , they will soon find out that the person is just impersonating , and not really
what all expected.


greed and no knowledge is the main reason
because like the old quote said "Risk come from not knowing what you're doing"
wich mean people must learn before earn, so they will not get sammed easily
member
Activity: 784
Merit: 10
October 13, 2020, 12:37:25 PM
One thing is for sure, it's ignorance upon the project. They could be enlightened with those projects that are promising and too good to be true, in fact many investors would attract to such projects. And also people gets easily scammed because of eager to earn right away. They think that it's an easy money scheme yet in the long run they would just left behind and scammed.
full member
Activity: 784
Merit: 135
DeFixy.com - The future of Decentralization
October 13, 2020, 12:34:27 PM
Mostly they get trapped because they want to get rich in one single night, it has happened to me, to trust some unknown project and send the money hope for the best, profit comes with risk, the more profit comes with bigger risk, It was a tough lesson for me, but I learned a lesson to don't invest in an unknown project again, to don't invest in any project with empty Github.
Greed affects your emotion. A lot of people are getting scammed just as you say. They want some easy cash and make huge profits. Some does not even check the projects they invested in. Didn't even check the developers if real and the road map is realistic. They Just put all of their trust. Newbies are the usual targeted by scammers.
full member
Activity: 1176
Merit: 100
Vave.com
October 13, 2020, 09:51:57 AM
to work with least on risks as the chance to gains on extensive of work on following initial customs with the proper formal of selection with the field of business. that pupils to gains as usuals to release and compoung note with the ideal qualification on funds and resource.
sr. member
Activity: 784
Merit: 251
October 13, 2020, 08:40:34 AM
investors spend their capital so investors do not carelessly choose coins, they must monitor and follow project developments before they decide to invest. but nothing is perfect every action has its risks. losses and gains are common in investing.
Investing does have risks, but there are solutions to minimize risk, for example losing money. Before investing, investors will definitely check whether the people in the team are real, so that every action of the project team can be held accountable.
hero member
Activity: 2576
Merit: 579
October 13, 2020, 08:38:40 AM
Very good analysis mate, because I have seen it all since I was in crypto. Big money / profits can make everyone go blind which can lead to losing a lot of money
Actually, all people who want money or big profits are not blind, it's just that the average of them are too hasty in making decisions and always want to get rich quick, so that it makes them lose money by losing the money they use in crypto because of their desire. it is used by scammers in crypto.
member
Activity: 224
Merit: 10
Bounty Detective
October 13, 2020, 08:27:25 AM
I agree that one main reason why people in this industry especially newbies tend to get fraud and scammed is because they dont have enough knowledge of what they are into as well as they tend to trust easily to all the fall and fake hope a project or a con artists promises to them.
member
Activity: 281
Merit: 10
Futurov
October 13, 2020, 08:23:28 AM
I think the main reason for this is people who get scammed tend to think that investing and entrusting their funds to a project or a person who is showing a very convincing testaments will change their life for a better without any researching and deep digging. They tend to trust easily to what they see instead of thinking vigilantly and wisely.
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