Why lots of people got scam easily - page 31.

sky_Gritzz

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Quote from: shield132 on October 24, 2019, 03:03:25 PM

Problems aren't those three things that op mentioned in thread, another great problem among them is wish of free money.
There is nothing wrong with that wish alone, everyone wants easy money, some people are very smart and achieve this wish by different work. At first all of these require hard work but problem in this case is that these people are uneducated people. When they are uneducated, they can't think much about why scam projects offer easy money and they fall in love with nice words.

some people want get much money quickly, and other people exploit this chance to get money quickly too from that people with many method.
like offering many advantages if they investing money on the project they can get money back quickly with high profit and ended with scamming

nomenclatur

sr. member

Activity: 1344

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most people are deceived by fraudulent projects they do not understand the prospects of the project. investors are too much seduced by false promises and advantages. their purpose is not liable to trap a lot of people they are and start collecting money to enrich themselves and make the project in trust while their purpose is money. The average fraud did professionally for defrauding investors.

dataispower

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Quote from: reality18 on October 24, 2019, 11:10:04 PM

People get scam especially in crypto largely because people fail to learn. They fail to learn to research into projects before investing in them. Although some scam projects can go undetected even after researching into them, it is better than not performing the research at all. Others are scammed out of greedy, thus chasing after enticing offers which looks so glamorous to be real.

Nice points but look at it from this angle 👉 Nowadays people get scammed easily because scam project developers have advanced their game, it's hard to detect when they do real time videos, attend events, create hype for the project. Well it's true, greed is a major factor why people get scammed, some will consider buying in early when there are huge bonuses without even doing deep research on the project and also without putting risk management into consideration.

b1boy

jr. member

Activity: 392

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That is valid, other than knowing about what undertaking is about, there is the need to do a historical verification to check claims, group uprightness, credibility of records and so on. Practically all scam activities will be caught with genuine investigation and enough research

erickastella

sr. member

Activity: 826

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now differentiating projects actually paying by fake is very difficult, we have to be observant to find out, we can start by reading the whitepaper on the project website, then the team that makes the project, the roadmap, and the manager handling the project, hopefully it can help the newbie.

Ken_terrance

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Making Smart Money Work

The first time i entered this space it took me more than 6 months to learn about crypto and start taking steps one by one, i think people are in rush, they want to make money quickly so don't create time for research first until they get scammed they will now start learning

tabas

hero member

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🌀 Cosmic Casino

Jumping into conclusion while the project hasn't fully working and having that trust easily on them makes a lot of people scam. It's combined by many factors including being gullible and lack of knowledge about the project. Most of the suggestions that were said are correct.
Too many categories to mention.

huu78

sr. member

Activity: 1204

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Undeads.com - P2E Runner Game

Usually, they are easy to believe and do not read more in-depth about what projects they follow.
That's why many people are fooled into new projects. Even though their project does not cheat the exact tip of greed on profit-taking and ending the price of the project is destroyed.
A clever investor is now not triggered by the ICO even as good as any project is still at risk. They choose IEO or buy Bitcoins for the long-term.

xOdiumNostrumx

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True, but the good thing about being scammed is that you (hopefully) learn from your mistakes, so you tend to be much less naive and much more careful in the future, so with most people, falling into this kind of trap is an one time deal, a lesson learned in a hard way.

Dpat

copper member

Activity: 798

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Many people's are get scammed because if their own fault whether it be knowingly or unknowingly. This happen because of their privacy data revealed to any one. Sometimes the bounty participants or any other user of the internet got phished by the intelligent phisher and they ate stolen their private data and after that manipulating this data they stolen your hard earned token or the coin easily. So, always be careful of your private data and user ledger or Trezor.

EdvinZ

sr. member

Activity: 994

Merit: 260

In the current situation, when most ICO projects are fraudulent, I would advise you to invest money in IEO on cryptocurrency exchanges. But only on large exchanges with good trading volumes. But the best solution would be to invest in the top cryptocurrencies with the highest capitalization. In this case, fraud is almost impossible, because these projects work for years and have strong development teams and competent management.

Free1bitco.in

hero member

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the other thing is investing blindly. sometimes seeing projects that have big bonuses already makes some people happy, and quickly invests without thinking. Well, those three points have concluded everything. controlling the emotions of gluttony can certainly make us find out more about a project and not invest in a hurry, especially if you focus on getting big profits. Some projects also sometimes lie about partnerships to gain trust.

although it is indeed difficult, but it is the job of an investor to really understand, and know what they are investing in.

imstillthebest

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Activity: 1638

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Quote from: Ayiranorea on October 24, 2019, 11:27:29 PM

Yes, people find it hard to learn more about cryptocurrency. When it comes to different projects it is truly hard to identify which is a scam and which is legitimately working on development. Apart from this most of the time users gets caught into the hands of scammers who shout with the slogan easy multiplication of bitcoin through different schemes. This is happening with fiat as well, but in the crypto ecosystem it is found more common.

cryptos are hard to learn but its possible to learn it as long as they will dedicate enough time to read tutorials and tips from the forum but still if they cant digest what they read , its always advisable to skip joining or investing in crypro related projects for a while and return when they are ready.
promising slogan and promotions are normal but we should not easily dive in because this are the number one pitfail of most investors.

ivakar

hero member

Activity: 756

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Quote from: reality18 on October 24, 2019, 11:10:04 PM

People get scam especially in crypto largely because people fail to learn. They fail to learn to research into projects before investing in them. Although some scam projects can go undetected even after researching into them, it is better than not performing the research at all. Others are scammed out of greedy, thus chasing after enticing offers which looks so glamorous to be real.

taking into account that simple fact, that people read information about project through ann thread or website, which controlled by creators (possible scammers), there is no warranty learning and researching could help to prevent scam.
I guess there should be acceptance of scam, if you are understanding that every new projects can be possible a scam, then you could act accordingly

Ayiranorea

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Activity: 1246

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Leading Crypto Sports Betting & Casino Platform

Quote from: reality18 on October 24, 2019, 11:10:04 PM

People get scam especially in crypto largely because people fail to learn. They fail to learn to research into projects before investing in them. Although some scam projects can go undetected even after researching into them, it is better than not performing the research at all. Others are scammed out of greedy, thus chasing after enticing offers which looks so glamorous to be real.

Yes, people find it hard to learn more about cryptocurrency. When it comes to different projects it is truly hard to identify which is a scam and which is legitimately working on development. Apart from this most of the time users gets caught into the hands of scammers who shout with the slogan easy multiplication of bitcoin through different schemes. This is happening with fiat as well, but in the crypto ecosystem it is found more common.

reality18

member

Activity: 938

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Earn more with Earn Network

People get scam especially in crypto largely because people fail to learn. They fail to learn to research into projects before investing in them. Although some scam projects can go undetected even after researching into them, it is better than not performing the research at all. Others are scammed out of greedy, thus chasing after enticing offers which looks so glamorous to be real.

ableh

sr. member

Activity: 498

Merit: 251

CryptoTalk.Org - Get Paid for every Post!

Although there are many investors who already frustrated with ICOs, but some of them there are still interested in ICOs. Why is that? That's because ICOs is like gambling which always makes "Curious". They will not stop investing before success. Just like gambling, they will not stop playing before getting big profits. So, instead of blaspheming them, it's better to given useful education to them, so that no more people are deceived by the scam projects.

shield132

hero member

Activity: 2352

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Metawin.com - Truly the best casino ever

Problems aren't those three things that op mentioned in thread, another great problem among them is wish of free money.
There is nothing wrong with that wish alone, everyone wants easy money, some people are very smart and achieve this wish by different work. At first all of these require hard work but problem in this case is that these people are uneducated people. When they are uneducated, they can't think much about why scam projects offer easy money and they fall in love with nice words.

sky_Gritzz

full member

Activity: 402

Merit: 101

the most factor why people got scam by some project, because they didn't know anything about the project, few people are investing money in new project just refering from ico listing platform, and many newcomer are trapped from here

amonymous

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Activity: 1177

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But for this new options IEO more decrease scam attack because everyone investors now smart about it. If a project want successful token sales then there urgently need IEO in popular exchange so people are always to ready for investment those projects with profits happens.

Topic: Why lots of people got scam easily - page 31. (Read 5655 times)