Scammers are now moving into Masternodes (2019 exit scam method)

[redsun114]

Yes you are correct, this scammers knows that we have a lot of people interested in masternode, so they use it to get them.

What scammers do mostly is to check the current trend in the community and come up with a system with same model to scam people of their fund that is why we have to be very careful and make sure we do a very good research about any platform before even thinking of investing your money.

[JPSelzer]

You have provided complete and useful information. Indeed, the methods of fraud so much and pretty much every time appears new and new. I think that your post requiring reading for everyone, especially the beginners.

[WannaCry]

Yes you are right, indeed.. scammers will make a way just to get easy money out of investors.. its better to invest to those project that are already in the coinmarket cap atleast you know that their devs are still developing /improving those projects

[OLDARH]

There is another indirect way to lose money when investing in MN. This is the use of services that provide services for co-creation and maintenance of MN. It often happens that these services are subject to hacker attacks and as a result the funds of depositors are lost.

[hdtqisg]

Masternode is a good development strategy and system guarantee, but because altcoin's application uses masternode it, the operating cost is mainly used to sell altcoin! Therefore, most of altcoin with masternode has dropped significantly in recent years.

[fasdorcas]

The truth is that Scammers will always look for every way possible to make sure they scam people of their hard earned money, this is why we need to be very careful before investing in any project, not everything that glitters is gold, they know what people need and will always make fake promises about the need of people and then make away with the money once it has gotten to their possession, let's just be careful in this Crypto space.

[Adriano2010]

Yes indeed scammers try anything to scam, and i see a lot of this kind of scam attemp on discord where most of scammers advertise and say buy now on presale coins cheap for a masternode and after even they not start the project and run away, we should have somehow more people informed to not invest on this scam projects, because this affect even the price of bitcoin because scammers ussually sell bitcoin as soon as they get it.

[CryptoGosu]

Many masternodes coins are suspicious. But I think that now there is a new wave of projects with staking. These projects look good. Maybe it will be popular this year.