Biggest Bitcoin giveaway scams and how can you avoid them

[Becky666]

Many victims can't avoid this plaque called scam because of their actions towards getting quick money on the internet. They don't do research to ascertain what they intend to invest with rather they are after the return of their investment which always end in scam. Don't fall for any investment with the word "guarantee investment", they're all fraudulent investment platforms as history said. In conclusion, be contented with what you have and don't attempt doing multiplayer

[mardaed]

This is the problem why newbies get scammed easily because they don't know anything yet.
Just remember this line "if it's too good to be true, then it's prolly a scam".
And also, there are no free in this world–it is either you pay or work for that something to get it.
Always do your own research, it will be very helpful in the future.

I agree. Especially if the reward on a giveaway is a huge amount, the other party will surely ask for something in return like promoting them or getting them certain number of audience. Always be skeptical, that is the golden rule when in comes to dealing with anything over the internet.

[gabbie2010]

This is the problem why newbies get scammed easily because they don't know anything yet.
Just remember this line "if it's too good to be true, then it's prolly a scam".
And also, there are no free in this world–it is either you pay or work for that something to get it.
Always do your own research, it will be very helpful in the future.

I agree. Especially if the reward on a giveaway is a huge amount, the other party will surely ask for something in return like promoting them or getting them certain number of audience. Always be skeptical, that is the golden rule when in comes to dealing with anything over the internet.

Newbies can be easily carried away with huge mouth-watering and giveaway dangled at them, in fact it will even be an herculean task to convince some of them that those giveaway are scam mere mention of Vitalik Buterin to some them will assumed its real coupled with the fact that a reputable and credible social media like YouTube is advertising the giveaway, a lot sensitization has to be done to prevent newbies against falling for these scams the OP had did justice to these issues its left for newbies to learn and understand how scammers operates using social media.

[audaciousbeing]

Simple way is that there is no giveaway that would be about you sending from your own wallet. The moment that is happening, it's stopped being giveaway. Again, there is no giveaway that does not demand that perform some functions as that performance is always the qualifying role for that giveaway. So, it's basically don't get greedy. There is no free money anywhere.

[Cryptoreflector_666]

Simple way is that there is no giveaway that would be about you sending from your own wallet. The moment that is happening, it's stopped being giveaway. Again, there is no giveaway that does not demand that perform some functions as that performance is always the qualifying role for that giveaway. So, it's basically don't get greedy. There is no free money anywhere.

I agree, in this case it is better not to be greedy. Otherwise, things may not go according to the scenario you planned. The commissions are quite small considering that the way we pay for our purchases (I'm talking about cryptocurrency now) is very progressive, so such commissions are even a plus.

[Assface16678]

Simple way is that there is no giveaway that would be about you sending from your own wallet. The moment that is happening, it's stopped being giveaway. Again, there is no giveaway that does not demand that perform some functions as that performance is always the qualifying role for that giveaway. So, it's basically don't get greedy. There is no free money anywhere.

These kinds of bitcoin and even ethreum this is not a new thing into the platform on youtube and twitter as far as I know even on Facebook too and most likely their targets are the newbie investors because not all the time the knowledgeable right here on our forum because most of us now are enlightened about this kind of transaction but the newbies are not.

Most of the time they are using the names of the large known people investors even the artist just to encourage to makes an investment with their channel and this is the common type of action they usually do to find some victims.


Their platform always needed to send them a bitcoin or eth payment so you can have an entry this is suspicious, right?

A give away with payment to participants on the event?

After the live for sure your money will gone too immediately the same with your hopes that you thing you can earn double or triple your money instantly.

[Oceat]

This is the problem why newbies get scammed easily because they don't know anything yet.
Just remember this line "if it's too good to be true, then it's prolly a scam".
And also, there are no free in this world–it is either you pay or work for that something to get it.
Always do your own research, it will be very helpful in the future.

I agree. Especially if the reward on a giveaway is a huge amount, the other party will surely ask for something in return like promoting them or getting them certain number of audience. Always be skeptical, that is the golden rule when in comes to dealing with anything over the internet.

Newbies can be easily carried away with huge mouth-watering and giveaway dangled at them, in fact it will even be an herculean task to convince some of them that those giveaway are scam mere mention of Vitalik Buterin to some them will assumed its real coupled with the fact that a reputable and credible social media like YouTube is advertising the giveaway, a lot sensitization has to be done to prevent newbies against falling for these scams the OP had did justice to these issues its left for newbies to learn and understand how scammers operates using social media.

And again I will say it again that there are no free in this world. So if you happen to find or see something that is too good to be true plus the account that you knew is offering, it's time for you to think twice and be skeptical since there are no easy money nor free in this world. Use that brain to find out the truth since scammer are always looking for an easy target the "newbies".

[dunfida]

This is the problem why newbies get scammed easily because they don't know anything yet.
Just remember this line "if it's too good to be true, then it's prolly a scam".
And also, there are no free in this world–it is either you pay or work for that something to get it.
Always do your own research, it will be very helpful in the future.

Most of the time this is actually the main reason and majority did really experience such scenario on where we do get scammed because we do believe that these things do really exist or possible.
Until we do lost up money and thats the time we do realize and learnt up things but it isnt really necessary for a newbie to experience loss before he would able to learn because if he's really that serious
on anything or do value up his money then he would definitely make up some research into things and would be aware on how things do work in crypto field.

[Shasha80]

Only greedy people are victims of Bitcoin giveaway scams, because in fact most people do expect instant money.
Therefore it is very easy for scammers to trick their victims, if indeed the person is greedy and expects instant money.
Actually scams like this are very easy to avoid, we just need not to make a deposit first for every rewards we get from
giveaway. Why do we have to spend money to get a giveaway, these are simple things we have to do to avoid giveaway
scams.

[Latviand]

I follow Elon musk on twitter and the amount of posts that are inundated on his feed with these scams are crazy. Still there are so many people that are falling for them. Mostly it will be the new ones in crypto getting scammed not the ones who know what to look out for.

There are a lot of celebrities who was been used in scams like this.

Elon Musk is not the only person who are used in these fake schemes in twitter. They say that they will double your bitcoin once you send them first which is very sketchy. FAKE GIVEAWAYS are really obvious and if you are aware and knowledgeable about that, you will not become a victim of these scams. Newbies should be aware and don't engage easily on those schemes that criminals are using to steal your money and fool you.