Increased Number of Scammers

[rodskee]

Can't avoid this and i think until cryptocurrency become popular the number of scammers are increasing
And not only the scammers increasing also a vitctims of this bad ways of earnings
And this have a bad effect for cryptocurrency reputation
I advise to all people to avoid become a victim of scammers do not trust, olease investigate amd study the project before  investing the project offers

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[jonatuzc]

That's why you need to be more selective for what project do you invest.
Remember cryptocurrency is high risk high reward activity so make sure that you have prepare to loss and consider profit as the bonus.

Scammer is just like criminal that looking for the profit !

With every new bug being spotted in the cyber security of the technology you choose, the security is further tightened. For example Bitcoin is very secure because of the blockchain technology. But scamming is not something new in the market.

It has been there since the start and even still the technology is operating with people investing in different projects and holding them for long. The probability of hacking a wallet having coins is very low, almost less than 0.1% in case of blockchain technology.

[xvacator]

Due to the increased popularity of cryptocurrencies, there has been an increased number of scammers both in terms of ICOs and in social media. You would find "official" representatives that would "propose lucrative deals" in the name of the legit company. There is only one result as a consequence - you losing your assets.
Thus, always keep in mind that real official channels of communications work. Also, if you see those posts in social media promising returns without a legit background (a.k.a. a full-blown platform) is a sure way to lose money. Creating bots on Facebook, Twitter, and Telegram is quite easy these days. Make sure not to repeat mistakes that others made before you https://www.cryptocointrade.com/
Not to mention mining pools and app scams going on right now. Some of the Facebook groups that were excellent in terms of trading discussions now turned into scam marketing sites.

Scammers will not gone they are always there to scam the people. When it comes to money many people attract to do bad things instead to do a good thing. That's why we need to be vigilant in crypto world because scammers is everywhere wait to people they want to be their victim.

This is what I am always thinking on every step that I made especially in the exchanges because I have a terrible experience in the trades that made me lose my money. Besides that, I have another bad experience in the cloud mining service in my first time to know cryptocurrency, and now, I don't believe with any of cloud mining because I cannot make any profit with them. I prefer mining in my home or doing trading because I can control the process and I can see how much I can make.

[katrimans]

Nowadays many ICO projects scam, it can be said that we can not analyze the project is not good quality and the project is deceptive, in my opinion should not invest risky but be careful before invest

Right. And i think this is the only reason many people have suffered immensely. Investing is a project with no potential on its back and with zero probability of profitability is very risky. There are tricks and steps following which you might be able to evaluate a project and decide whether or not to invest.

The investment risk is the first. See if there is risk in investing in the said project. Liquidity and general acceptability also gives you an insight into the status of the project. Check out the security features as well. The more the investment secure, the less the chances to loose.

[filtyfrank251]

The crypto market has always been a class of fraudsters who are trying to scam others, but we should see that the market is going to get rid of it and take measures to overcome those scams. Pay attention not to over-believe people.

[richminded]

The crypto market has always been a class of fraudsters who are trying to scam others, but we should see that the market is going to get rid of it and take measures to overcome those scams. Pay attention not to over-believe people.

Dont’t believe easily if its too good to be true. Because of the increased popularity of cryptocurrency scammers finds this market more attractive, but we must not be scared to them we should focus on securing our wallet and don’t trust anyone. There’s a scammers everywhere, its hard to stop them but hopefully we will not become a victim of those scams.

[bozo333]

Can't avoid this and i think until cryptocurrency become popular the number of scammers are increasing
And not only the scammers increasing also a vitctims of this bad ways of earnings
And this have a bad effect for cryptocurrency reputation
I advise to all people to avoid become a victim of scammers do not trust, olease investigate amd study the project before  investing the project offers

All are true but no one is perfect in the world. So we must protect ourself and do not blame other peoples. In current scenario peoples are earning bad way but many bounty campaign also cheating so no one is truly survive in the crypto platform.

[minairia3]

Due to the increased popularity of cryptocurrencies, there has been an increased number of scammers both in terms of ICOs and in social media. You would find "official" representatives that would "propose lucrative deals" in the name of the legit company. There is only one result as a consequence - you losing your assets.
Thus, always keep in mind that real official channels of communications work. Also, if you see those posts in social media promising returns without a legit background (a.k.a. a full-blown platform) is a sure way to lose money. Creating bots on Facebook, Twitter, and Telegram is quite easy these days. Make sure not to repeat mistakes that others made before you https://www.cryptocointrade.com/
Not to mention mining pools and app scams going on right now. Some of the Facebook groups that were excellent in terms of trading discussions now turned into scam marketing sites.

Even telegram gets faked. The best thing is always to rely on multiple source and to match it. Like not just telegram but also on twitter and websites as well as discussion and feedback from people. Official announcement and such yes.

[Itcher]

all bots are based on ignorance and inattention of people, so it does not matter in what area the scammers work

[EXtremeAEX]

Actually reading your message, there are thoughts that everyone already knows it. I have an understanding that I can't trust my money anyone at all.
But after a little thought, I understand that there are many newcomers who can very easily believe such promises. Unfortunately, everything is so. Beginners don't know where to start and look for easy ways to make money.

[Edraket31]

Actually reading your message, there are thoughts that everyone already knows it. I have an understanding that I can't trust my money anyone at all.
But after a little thought, I understand that there are many newcomers who can very easily believe such promises. Unfortunately, everything is so. Beginners don't know where to start and look for easy ways to make money.

Exactly! There is no scammers if people will be able to become confident enough with what they are doing, if people will become intelligent enough, many people are really taking advantage for now that is why extra careful here is a good thing so that we will not become victim of people who wants to scam rather than working on their own hand.

[cryptolidus]

Scammers are nothing new in Crypto but they evolved a lot and they are more sophisticated. I am regularly contacted
by them in the name of admins with nice offers for investing. I believe many newcomers fall into their trap and got scammed.

[TimeTeller]

Scammers are nothing new in Crypto but they evolved a lot and they are more sophisticated. I am regularly contacted
by them in the name of admins with nice offers for investing. I believe many newcomers fall into their trap and got scammed.

They are very good in deceiving people and gullible users are easily attracted by high roi, overwhelming promises and get-rich-quick scheme.
Phishing sites are also one of the most used techniques in getting vital info from those unknowingly users.
Sometimes, you just want to be off-grid so no one can ever try to hack your computer. You need to ask yourself, how secure your firewall is?

[MMysterious]

Due to the increased popularity of cryptocurrencies, there has been an increased number of scammers both in terms of ICOs and in social media. You would find "official" representatives that would "propose lucrative deals" in the name of the legit company. There is only one result as a consequence - you losing your assets.
Thus, always keep in mind that real official channels of communications work. Also, if you see those posts in social media promising returns without a legit background (a.k.a. a full-blown platform) is a sure way to lose money. Creating bots on Facebook, Twitter, and Telegram is quite easy these days. Make sure not to repeat mistakes that others made before you https://www.cryptocointrade.com/
Not to mention mining pools and app scams going on right now. Some of the Facebook groups that were excellent in terms of trading discussions now turned into scam marketing sites.

Scammers will not gone they are always there to scam the people. When it comes to money many people attract to do bad things instead to do a good thing. That's why we need to be vigilant in crypto world because scammers is everywhere wait to people they want to be their victim.

In every market and In every industry they will always be a scammer. So its not new to us people that scammers will go to cryptocurrency because in this present moment crypto is booming and it will stay forever because it will bring change to society. Many people trick by scammers simply because scammers give them assurance that there is no risk you take if you invest to them even if every investment has no assurance and the risk is part of the investment. We are blinded by the assurance that our money will make more money even there are no risk on it.

[ningrumxxi]

I think the scam is not just happening in the cryptocurrency but also happen in many fields. as long as there are money involved, I think it will attract people to scam other people because they want to make money in a short way. there are the various way that they can use to scam people and we don't know if they are scammers or not and only with careful, we can anticipate their action. don't get attracted with the words saying the big potential income of one project because all the works that we did will need a process that we don't know how long it takes.

the most important factor to avoid fraud usually lies in oneself who really likes something that offers big profits, the way the fraudsters always offer big profits and low costs, so always be careful because there are no big results in this world without work , to avoid fraud always prioritizing security, do research first before stepping so we don't regret it in the future ...

[Yatsan]

Due to the increased popularity of cryptocurrencies, there has been an increased number of scammers both in terms of ICOs and in social media. You would find "official" representatives that would "propose lucrative deals" in the name of the legit company. There is only one result as a consequence - you losing your assets.
Thus, always keep in mind that real official channels of communications work. Also, if you see those posts in social media promising returns without a legit background (a.k.a. a full-blown platform) is a sure way to lose money. Creating bots on Facebook, Twitter, and Telegram is quite easy these days. Make sure not to repeat mistakes that others made before you https://www.cryptocointrade.com/
Not to mention mining pools and app scams going on right now. Some of the Facebook groups that were excellent in terms of trading discussions now turned into scam marketing sites.

Today many people are making some crimes like scamming because of the life they didn't want. Poverty for me is the main reason and of course athe attitude of being greedy. Many people triggered their negative side because of greediness. They intend to lure and scam other people because of money. They want to earn in a easy way so that they use scamming. The numbers of scammers as well as the ICO's that is not legit here in forum increase because of greediness. And I also think the price of the coin also affects so that people want to scam in order to have earnings.

[cunguks]

Exactly! There is no scammers if people will be able to become confident enough with what they are doing, if people will become intelligent enough, many people are really taking advantage for now that is why extra careful here is a good thing so that we will not become victim of people who wants to scam rather than working on their own hand.

Just being smart and careful is not enough, but at least it can minimize us from falling into fraud cases. Today's fraudsters are neat and systematic, they do their work in an organized manner. On the other hand, there are fraudsters who work with halfhearted intentions. For example, they deliberately made an ICO, but with an unpublished team, the very bad whitepaper content, even filled with very sickening infographic. Something like this is very funny.

[Mpamaegbu]

Due to the increased popularity of cryptocurrencies, there has been an increased number of scammers both in terms of ICOs and in social media. You would find "official" representatives that would "propose lucrative deals" in the name of the legit company. There is only one result as a consequence - you losing your assets.
Thus, always keep in mind that real official channels of communications work. Also, if you see those posts in social media promising returns without a legit background (a.k.a. a full-blown platform) is a sure way to lose money. Creating bots on Facebook, Twitter, and Telegram is quite easy these days. Make sure not to repeat mistakes that others made before you https://www.cryptocointrade.com/
Not to mention mining pools and app scams going on right now. Some of the Facebook groups that were excellent in terms of trading discussions now turned into scam marketing sites.

You are right about the uprising of scams around cryptocurrencies but there's really nothing anyone can truly do to eradicate that. We can only shield ourselves against that by way of information. I have to admit that while it's easy to identify scams in Ponzi schemes and HYIPs, it is not that easy with ICOs. But in all, I believe that if a deal sounds too good to be true, then obviously it's a scam.

[sunilnagaraja1996]

yes,it is right now there have increased more number of scammers because me was joined bounty campaign but their still not distribute  any coins so there we should all are carefully trade or invest.

[tbterryboy]

To mention, some of the projects that are out and those who are conducting their ICO with no real blockchain implications are just here to gather funds for their company or themselves going to be a SH*TCOIN in the future or a runaway scam.

You know scammers are everywhere in the market of cryptocurrency but also in the traditional markets you will also be scammed if you are not aware of things. So all this depends upon you if these things are known to you then you always go for safer things like highly rated by people then there will be no chances of scammers. Social media is also filled with scammers and internet sites are also so be careful and consider it important for a better result.