Increased Number of Scammers

[mia khalifa]

Scammers are in circulation and they try to steal assets from new traders who don't know there are scammers who can steal their assets, so this is very dangerous, surely only experienced traders can avoid this.

[Ansdaoust6]

Yep. Since the cryptocurrency is making its name in the world. Of course it is natural that many scammers will be gone scamming people. It's pretty natural.

This is another way to earn money for those who are expert in coding and decoding. They are capable of spotting bugs in the websites that has the wallets of those who have invested in crypto currencies. This might be any virtual trading site that holds the important information.

This can even be your bank account information and can get hacked which enables the hackers to control your accounts and could be used for many purposes. However all the companies keep it their first priority to strengthen their system and make a secure ecosystem for the users.

Yeah it is the responsibility of the company to strengthen the security system because it is matter of money and if someone is scammed or his account has been hacked, he would be destroyed and will lose his heard earn money in seconds. Bank accounts are more trustable than crypto wallets because bank is responsible for any lose but n crypto nobody takes responsibility.

[RockBar0]

Scammers are in circulation and they try to steal assets from new traders who don't know there are scammers who can steal their assets, so this is very dangerous, surely only experienced traders can avoid this.

So when entering the cryptographic market, the first thing we should do is to learn how secure, secure security will help us have more opportunities, so I think we should be more secure. Class. Such property will not be lost if the scammers want to take over.

[hannahboy]

    Unfortunately, scam can not be defeated. It has long existed in different fields. So it's hard to fight on the crypto market if no other solutions have been found. It is sad that many beginners or less informed people become the victims of these individuals. In the future, however, there should be more involvement on the part of all for the detection and removal of SCAM projects.

Yeah you are right and like hackers, scammers are also a big problem for new investors. When an investor is being scams, he would never believe in crypto for the rest of his life and will also tell other that cryptocurrency investment is totally fraud and this is also a Ponzi scheme like so many others. Although he is not right by doing this but it is a fact.

[BitcoinCommodor]

Scammers are in circulation and they try to steal assets from new traders who don't know there are scammers who can steal their assets, so this is very dangerous, surely only experienced traders can avoid this.

So when entering the cryptographic market, the first thing we should do is to learn how secure, secure security will help us have more opportunities, so I think we should be more secure. Class. Such property will not be lost if the scammers want to take over.

Yeah, scammers are moving around in the crypto market and we should consider the factor to keep our privacy secure. Wallet passkey and other information if a scammer or hacker gets then do not think that I have any coin or not. Furthermore, there are many fake sites available on internet and we should understand the difference between sites or exchanges in order to keep distance from scammers and to stick with real places.

[mornabo]

Yep. Since the cryptocurrency is making its name in the world. Of course it is natural that many scammers will be gone scamming people. It's pretty natural.

This is another way to earn money for those who are expert in coding and decoding. They are capable of spotting bugs in the websites that has the wallets of those who have invested in crypto currencies. This might be any virtual trading site that holds the important information.

This can even be your bank account information and can get hacked which enables the hackers to control your accounts and could be used for many purposes. However all the companies keep it their first priority to strengthen their system and make a secure ecosystem for the users.

Yeah it is the responsibility of the company to strengthen the security system because it is matter of money and if someone is scammed or his account has been hacked, he would be destroyed and will lose his heard earn money in seconds. Bank accounts are more trustable than crypto wallets because bank is responsible for any lose but n crypto nobody takes responsibility.

That is the function of centralization, if a third party makes a mistake like conceding a system because of hacking, they will be responsible because of that, but centralization is full of rules and limits, while decentralization is all responsibility is on yours but there are no rules. so I always make my wallet secure as good as possible, like adding 2fa

[Arthurian60]

With the amount of money pumped into Cryptocurrency,  a lot of people assume ways to drain investors of their money is to scam them. We must be very careful of these scammers as they are everywhere.

[btc_angela]

With the amount of money pumped into Cryptocurrency,  a lot of people assume ways to drain investors of their money is to scam them. We must be very careful of these scammers as they are everywhere.

Scammers are everywhere not just in crypto verse. The problem is that there are so many ignorant investors who are easily persuaded by scammers and don't know how to protect their account as well. So we can tell tell time and again to be careful but they still fall for the trap. Just because they see how amount of returns making them forgot all our advises and their decision is very clouded.

[sinkfish]

just be careful and invest diligently.

[pundit]

People looking for quick rich schemes are most common prays of scammers giving high return in a short time thr pump and dump schemes, be careful while subscribing to such schemes. Fake ICOs are the worst scams these days, its very difficult to find out which project will turn out a scam as initially their whitepaper and website looks so promising. I came accross one ICO which was initially looking a good project, they run bounty campaigns in 3 different stages and in the last they closed down everything. I think there should be some regulations before launching of an ICO.

[TitanGEL]

It is one of the risks that the investors will face if they will make investment with cryptocurrencies. The reason why cryptocurrencies are have now bad image is because of the scammers who are very greedy to earn money.

[Leonard2016]

Scammers are not a new thing and they always were in different ways , I believe some of the altcoins are scams , like bitconnect that we saw its destination, In my view the scammers are not the problem but the people who invest in them are the problem!

[panjul07]

Scammers are not a new thing and they always were in different ways , I believe some of the altcoins are scams , like bitconnect that we saw its destination, In my view the scammers are not the problem but the people who invest in them are the problem!

True, scammers will always exist anywhere anytime especially in this online world. We just need to be smarter and more careful in everything we are going to do. We responsible for ourselves, and we should never blame others just in case we are getting scammed.

[Sadlife]

Of course this is inevitable as bitcoin and digital currencies get popular the volume of people will dramatically increase especially when blockchain technology is pretty popular amongst centralized banks and institutional investors therefore promoting crypto currencies even more and this will attract scammers.

[ije07]

quality will come and scammers will be hampered by some complicated regulations in terms of promotion. especially on social media. the worst thing this year is when all fraudulent investments appear using crypto as a media transaction. and smart contracts make it easier for them to convince potential investors, last year was not as bad as this and I believe quality will continue to grow to eliminate all of this.

[Lorin]

Scammers are always present anywhere, do their best just to harmed others or get what they want.
We as a crypto enthusiast should be careful in every project that we choose  so that we will not be a victim and all our effort will be wasted.

[LuvCyanide]

Now very few projects are real. Most of the projects are scams. I always make a careful selection of projects.

[knightmairesaint]

Scammers are not a new thing and they always were in different ways , I believe some of the altcoins are scams , like bitconnect that we saw its destination, In my view the scammers are not the problem but the people who invest in them are the problem!

True, scammers will always exist anywhere anytime especially in this online world. We just need to be smarter and more careful in everything we are going to do. We responsible for ourselves, and we should never blame others just in case we are getting scammed.

This is an example of how risky it is when it comes to crypto business especially if you are an investor. I always think that no matter how an investor be smart, there is always a chance that the project could be scam or go down in the end. There are cases that projects can be eventually identified as scam in the start but there are also times when projects are nearly-ending before it became scam. And the worst of all is when a project had finished already, all posts counted, stakes identified, and then something bad happened.

[Question123]

This year too much scam project or investment are got to much money from the investor. I hope this is lesson to us when we want to invest to the ICO or any investment make sure they will do a wise decision like doing research and investing only extra money.

[metalglowd]

With the amount of money pumped into Cryptocurrency,  a lot of people assume ways to drain investors of their money is to scam them. We must be very careful of these scammers as they are everywhere.

Scammers are everywhere not just in crypto verse. The problem is that there are so many ignorant investors who are easily persuaded by scammers and don't know how to protect their account as well. So we can tell tell time and again to be careful but they still fall for the trap. Just because they see how amount of returns making them forgot all our advises and their decision is very clouded.

this is where our average carelessness, considers that the crypto area with the blockchain is safe means that all transactions carried out can still be controlled, but of course some people are still weak in the supervision of their account