How did you get scammed?

[Zadicar]

So how you get duped? I will like to learn reasons from you.

I was cheated several times, unfortunately it was a very sad episode for me. I bought an altcoin where the Dev made several promises, I believed altcoin would go to the moon, but the devs ran away with funds to develop the project and altcoin fell a lot and with that I lost 90% of my money. then I went to buy verge that I believed the partnership they would make was something revolutionary until I knew they were partnering with a pornographic site. After that I started to avoid investing too much money in altcoins. The truth is that it is very difficult not to be deceived in this crypto world. Most people who create projects are dishonest and unethical people.

The moral of the story is that do not invest in new coins and projects. There are enough good coins in coinmarketcap and we should only invest in those top 100 good projects. I have seen a victim of few ICO where i spend some good amount but the token never make it to the exchanges. I have learnt my lesson well and now i do not invest in any ICOs.

99% of them are trash and 1% are the legit ones who would able to reach out on exchangers but majority of them do die along the way yet these project owners

didnt deliver on the thing that they should supposed to do when they are still seeking out investors.Investment do have always that corresponding risk thats why its important
to always have that kind of research before jumping in.

[kakonhat]

For ex below are the stupidity:
1. I can send first to a newbie without escrow.

I have never scammed ever. But I learned how to prevent the scamming from a scammer. And I learned from them who already scammed by study their scamming issue.
If we are aware every time for everything then we can prevent the scamming.

[romero121]

Scamming is very common in the crypto space, to be on the safer side it is must to be more aware about the market. Most often I encounter scams through Telegram. Recent being the one where an user requested me to support him in withdrawing his funds as he was unable to withdraw as his country has restricted from using the respective exchange. Also offered me to give half the amount withdrawn, and for the same I was supposed to deposit 0.2btc which is completely a trap.

[Indamuck]

So how you get duped? I will like to learn reasons from you.

I was cheated several times, unfortunately it was a very sad episode for me. I bought an altcoin where the Dev made several promises, I believed altcoin would go to the moon, but the devs ran away with funds to develop the project and altcoin fell a lot and with that I lost 90% of my money. then I went to buy verge that I believed the partnership they would make was something revolutionary until I knew they were partnering with a pornographic site. After that I started to avoid investing too much money in altcoins. The truth is that it is very difficult not to be deceived in this crypto world. Most people who create projects are dishonest and unethical people.

The moral of the story is that do not invest in new coins and projects. There are enough good coins in coinmarketcap and we should only invest in those top 100 good projects. I have seen a victim of few ICO where i spend some good amount but the token never make it to the exchanges. I have learnt my lesson well and now i do not invest in any ICOs.

ICOs are startups, just like the real world they are very risky but have a chance to bring a huge return on investment.  The days of bitcoin going 100x are over but it can still happen for some of these new projects.  Most new businesses fail so why should crypto be any different.