The popularity of the cryptocurrency market is growing and with that number of scammers is booming besides . It is necessary to be more careful when choosing a project for investment, make a lot of research which will be reduced possibly scam to a lower level .
Topic: Why lots of people got scam easily - page 22. (Read 5646 times)
Greed is the sole reason why we get scammed here. We want a quick fix of profit which makes us tend to believe anything being sold to us even when we're in profit we won't sell and take out our capital we have high price expectations.
Scammers will do everything to attract people to have more victims so we must always be aware of their strategies. If a certain project is too flowery with their promises and offering rewards which are too good to be true easily, then we must do a series of research before trusting it . If people stop finding the fastest and easiest way how to become rich man they will never be deceived.If you invest into truly decentralized cryptocurrency then there is no chance of being scammed by someone easily.
Reduce your greed and be with Diligence of project and team.
Reduce your greed and be with Diligence of project and team.
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.
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.
The three things above is the main factors why we get scam easily. Greedy is the most important thing that we should ban in our life. This attitude bring bad luck and make us far away from success. Sometimes it can kill our talent easily.
There are many reasons why people get scammed easily even though some scam projects are easily recognizable because of obvious matters. Some people easily gets scammed because of (1) Ignorance. What I mean is that they do not even know anything about a project but still decided to get engaged into it; commonly this type of people are just new in the industry so they got easily encourage and turns out to get scammed. (2) Desperation. People will do anything out of desperation and that includes believing into something that is quite promising even though it seems to be unreal or impossible to happen. (3) Greed. Many people do want to have more than thy already have and turns out to make impulsive decisions to make that happen because of greed. Those were the common reasons why people get easily scammed in this industry.
This is a topic I would really like to write more about but you have already written the key things there. Like you said, greed is the first thing that makes people loose funds to scammers, a scammer will promise and assure you of making fast quick money and out of greed you fall. We really need to curtail greed.
Inexperience and greed make new entrants into this market stuck with scam projects. No job in this market can help you get rich quick. They need to know this well to avoid the good offers from scam projects
true and unfortunately there are still many people who believe in becoming rich from cryptocurrency even though the situation is not supportive right now, although halving happens I'm not sure there will be differences like in mid 2017 and early 2018, and people should be doing due diligence in order to reduce it to victims of scammers. 
Inexperience and greed make new entrants into this market stuck with scam projects. No job in this market can help you get rich quick. They need to know this well to avoid the good offers from scam projects
I would say mostly greed gets over the eyes so people are unable to see even obvious scams, i have seen many fake offers at forums, telegram and other social media platforms and even in emails where they pretend to be representative of a reputed company and claim that the company is offering triple value back where you have to send 1 btc and receive 3 btc back in a matter of 2 3 hours. I am amazed to see a lot of people fall for such scams as well. I think people need to educate themselve more and more so that they can know what the red marks are.
The term conman comes from confidence man, and conning someone is usually confidence trick so all of them are related to confidence and not because they are confident or the other ones are not confident, it is because they create confidence in people.
If you are good at sales you can become a scam artist as well, all you have to do is create this amazing feeling in people on what you are scamming about, tell them how awesome it is, how great it will be, and how lucky they are that they are there at that moment because they can get in very early etc etc the clichle scammer things.
Basically it is a very important part of scamming someone, as long as you can make them trust you, that is confidence building and that means you can trick them into doing whatever you want.
If you are good at sales you can become a scam artist as well, all you have to do is create this amazing feeling in people on what you are scamming about, tell them how awesome it is, how great it will be, and how lucky they are that they are there at that moment because they can get in very early etc etc the clichle scammer things.
Basically it is a very important part of scamming someone, as long as you can make them trust you, that is confidence building and that means you can trick them into doing whatever you want.
There are a lot of factors why, but I would pick those you mentioned as the major factors why most people getting scammed easily most especially those who are new to this kind of venture. Now atleast we have this kind of forum where we can discuss and let new members now to deal with such situations to avoid to be the victim of scam projects.
I agreed with your points but the major two reasons while people fall victims are gred and lack of knowledge. When they look as the reward or the profit they want to realize they wouldn't bother to look at the risk that involve, they just go ahead to invest in such a project without making a profound research.
The biggest reason is Greed after all. Most cases, they did actually see some wrong in that scam project but blind by greed, they disregard it. Scams typically follow this kind of scheme because it just works.
The desire of getting easy and fast money can blind people from seeing what is really happening.
2. No knowledge about the project
I think no knowledge about the project should be exempted from such excuses why people got scam.
Every whitepaper of a crypto currency page has a disclaimer at the end that it is not a investment advice.
Hence, every people should know that doing personal researchs and digs up and essential before any form of investment at all. And refusal to do that cannot be blamed on ignorance.
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.
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.
Very true. Actually every people are in greed at present time and they want more and more in every seconds as a result they easily fall in trap they developers made for them. From greed they are more hurry for benefit so that they did not read the project profile accurately and finally we easily trust anybody but scammers are more claver then us and they make chet with everybody.
The main reason why people are easily fooled is because of the lack of knowledge about crypto, on the other hand fraud projects are always around us and fraud projects cannot be completely destroyed but we can still avoid them by conducting detailed research especially the background of the team & developers, work maps the projects or products they offer in the market, and also how big are the partners or the community in them.
One of the reason why lots of people are got scam because of these easily tempted by a big money.
And that's one of the reason I found out and experience on the other people, So they easily scam by good of talking and when they see a money he/she invested already and give everything they have. If they are smart Ill think it can aware that kind scam early.
So we need to be careful always if we encountered some of scammers and be smart take time to research.
Sometimes big rewards allocation for bounty campaigns are those projects that totally ended a scam. There eyes are only for the price but not considering the fact that it will be a fake project. Today, its easy to create a fake websites, team and even a fake ICO projects. Some people offer a low fees to create this fake project. If we are smart enough to encounter this fake projects we don't fall easily and always ask for legitimate reviews for experts. And that's one of the reason I found out and experience on the other people, So they easily scam by good of talking and when they see a money he/she invested already and give everything they have. If they are smart Ill think it can aware that kind scam early.
So we need to be careful always if we encountered some of scammers and be smart take time to research.
That is true, but with IEO this days, projects become less scam, and more trusted
That's only if the IEO takes place or happened on a better exchange, many IEO projects failed because of bad rated exchanges, if team can chose right then they won't fall victim to bad exchanges, binance , Okex, huobi has better rating
One of the reason why lots of people are got scam because of these easily tempted by a big money.
And that's one of the reason I found out and experience on the other people, So they easily scam by good of talking and when they see a money he/she invested already and give everything they have. If they are smart Ill think it can aware that kind scam early.
So we need to be careful always if we encountered some of scammers and be smart take time to research.
And that's one of the reason I found out and experience on the other people, So they easily scam by good of talking and when they see a money he/she invested already and give everything they have. If they are smart Ill think it can aware that kind scam early.
So we need to be careful always if we encountered some of scammers and be smart take time to research.
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