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Author Topic: Why lots of people got scam easily  (Read 5569 times)
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October 24, 2019, 10:27:39 PM
 #221

Although there are many investors who already frustrated with ICOs, but some of them there are still interested in ICOs. Why is that? That's because ICOs is like gambling which always makes "Curious". They will not stop investing before success. Just like gambling, they will not stop playing before getting big profits. So, instead of blaspheming them, it's better to given useful education to them, so that no more people are deceived by the scam projects.

 
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October 25, 2019, 04:10:04 AM
 #222

People get scam especially in crypto largely because people fail to learn. They fail to learn to research into projects before investing in them. Although some scam projects can go undetected even after researching into them, it is better than not performing the research at all. Others are scammed out of greedy, thus chasing after enticing offers which looks so glamorous to be real.
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October 25, 2019, 04:27:29 AM
 #223

People get scam especially in crypto largely because people fail to learn. They fail to learn to research into projects before investing in them. Although some scam projects can go undetected even after researching into them, it is better than not performing the research at all. Others are scammed out of greedy, thus chasing after enticing offers which looks so glamorous to be real.
Yes, people find it hard to learn more about cryptocurrency. When it comes to different projects it is truly hard to identify which is a scam and which is legitimately working on development. Apart from this most of the time users gets caught into the hands of scammers who shout with the slogan easy multiplication of bitcoin through different schemes. This is happening with fiat as well, but in the crypto ecosystem it is found more common.

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October 25, 2019, 04:32:26 AM
 #224

People get scam especially in crypto largely because people fail to learn. They fail to learn to research into projects before investing in them. Although some scam projects can go undetected even after researching into them, it is better than not performing the research at all. Others are scammed out of greedy, thus chasing after enticing offers which looks so glamorous to be real.

taking into account that simple fact, that people read information about project through ann thread or website, which controlled by creators (possible scammers), there is no warranty learning and researching could help to prevent scam.
I guess there should be acceptance of scam, if you are understanding that every new projects can be possible a scam, then you could act accordingly

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October 25, 2019, 04:41:03 AM
 #225

Yes, people find it hard to learn more about cryptocurrency. When it comes to different projects it is truly hard to identify which is a scam and which is legitimately working on development. Apart from this most of the time users gets caught into the hands of scammers who shout with the slogan easy multiplication of bitcoin through different schemes. This is happening with fiat as well, but in the crypto ecosystem it is found more common.

cryptos are hard to learn but its possible to learn it as long as they will dedicate enough time to read tutorials and tips from the forum  but still if they cant digest what they read , its  always advisable to skip joining or investing in crypro related projects for a while and return when they are ready.   
promising slogan and promotions are normal but we should not easily dive in because this are the number one pitfail of most investors.
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October 25, 2019, 06:50:49 AM
 #226

the other thing is investing blindly. sometimes seeing projects that have big bonuses already makes some people happy, and quickly invests without thinking. Well, those three points have concluded everything. controlling the emotions of gluttony can certainly make us find out more about a project and not invest in a hurry, especially if you focus on getting big profits. Some projects also sometimes lie about partnerships to gain trust.

although it is indeed difficult, but it is the job of an investor to really understand, and know what they are investing in.
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October 25, 2019, 07:33:01 AM
 #227

In the current situation, when most ICO projects are fraudulent, I would advise you to invest money in IEO on cryptocurrency exchanges. But only on large exchanges with good trading volumes. But the best solution would be to invest in the top cryptocurrencies with the highest capitalization. In this case, fraud is almost impossible, because these projects work for years and have strong development teams and competent management.

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October 25, 2019, 07:41:31 AM
 #228

Many people's are get scammed because if their own fault  whether it be knowingly or unknowingly. This happen because of their privacy data revealed to any one. Sometimes the bounty participants or any other user of the internet got phished by the intelligent phisher and they ate stolen their private data and after that manipulating this data they stolen your hard earned token or the coin easily. So, always be careful of your private data and user ledger or Trezor.
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October 25, 2019, 07:49:00 AM
 #229

True, but the good thing about being scammed is that you (hopefully) learn from your mistakes, so you tend to be much less naive and much more careful in the future, so with most people, falling into this kind of trap is an one time deal, a lesson learned in a hard way.
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October 25, 2019, 08:01:09 AM
 #230

Usually, they are easy to believe and do not read more in-depth about what projects they follow.
That's why many people are fooled into new projects. Even though their project does not cheat the exact tip of greed on profit-taking and ending the price of the project is destroyed.
A clever investor is now not triggered by the ICO even as good as any project is still at risk. They choose IEO or buy Bitcoins for the long-term.

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October 25, 2019, 10:51:22 AM
 #231

Jumping into conclusion while the project hasn't fully working and having that trust easily on them makes a lot of people scam. It's combined by many factors including being gullible and lack of knowledge about the project. Most of the suggestions that were said are correct.
Too many categories to mention.

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October 25, 2019, 11:30:27 AM
 #232

The first time i entered this space it took me more than 6 months to learn about crypto and start taking steps one by one, i think people are in rush, they want to make money quickly so don't create time for research first until they get scammed they will now start learning

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October 25, 2019, 12:23:05 PM
 #233

now differentiating projects actually paying by fake is very difficult, we have to be observant to find out, we can start by reading the whitepaper on the project website, then the team that makes the project, the roadmap, and the manager handling the project, hopefully it can help the newbie.
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October 25, 2019, 01:06:51 PM
 #234

That is valid, other than knowing about what undertaking is about, there is the need to do a historical verification to check claims, group uprightness, credibility of records and so on. Practically all scam activities will be caught with genuine investigation and enough research
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October 25, 2019, 01:18:07 PM
 #235

People get scam especially in crypto largely because people fail to learn. They fail to learn to research into projects before investing in them. Although some scam projects can go undetected even after researching into them, it is better than not performing the research at all. Others are scammed out of greedy, thus chasing after enticing offers which looks so glamorous to be real.
Nice points but look at it from this angle 👉 Nowadays people get scammed easily because scam project developers have advanced their game, it's hard to detect when they do real time videos, attend events,  create hype for the project. Well it's true, greed is a major factor why people get scammed, some will consider buying in early when there are huge bonuses without even doing deep research on the project and also without putting risk management into consideration. 
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October 25, 2019, 01:49:04 PM
 #236

most people are deceived by fraudulent projects they do not understand the prospects of the project. investors are too much seduced by false promises and advantages. their purpose is not liable to trap a lot of people they are and start collecting money to enrich themselves and make the project in trust while their purpose is money. The average fraud did professionally for defrauding investors.


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sky_Gritzz
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October 25, 2019, 06:51:18 PM
 #237

Problems aren't those three things that op mentioned in thread, another great problem among them is wish of free money.
There is nothing wrong with that wish alone, everyone wants easy money, some people are very smart and achieve this wish by different work. At first all of these require hard work but problem in this case is that these people are uneducated people. When they are uneducated, they can't think much about why scam projects offer easy money and they fall in love with nice words.
some people want get much money quickly, and other people exploit this chance to get money quickly too from that people with many method.
like offering many advantages if they investing money on the project they can get money back quickly with high profit and ended with scamming

CDEX-CROSS-CHAIN DECENTRALIZED EXCHANGE PLATFORM
Ronaldcoin2017
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October 25, 2019, 10:48:10 PM
 #238

Lots of people got scammed easily because they wanted to earn in a very simple way, most off the scammer makes a huge offer to thier victim that is why people are easily fall into it. So i think we need tobe more practical and be wise on choosing the way to earn in crypto so that we will not fall into scam.
Pelunize12
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October 25, 2019, 11:03:47 PM
 #239

points 4 & 5 may be, such as limited knowledge

limited knowledge and No knowledge about the project are similliar mate

Quote
and also lazy to read or research before making a decision on the cryptoqurrency market.
lazy to read makes people have limited knowledge Wink

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in this case many lay people think that investing in crypto can get rich quickly and don't always think about the bitterness first or the risk.
ok, so the main solution is read more to get more knowledge too, ofc it needs more time but be patience
Inkdatar
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October 26, 2019, 12:21:31 AM
 #240

Lots of people got scammed easily because they wanted to earn in a very simple way, most off the scammer makes a huge offer to thier victim that is why people are easily fall into it. So i think we need tobe more practical and be wise on choosing the way to earn in crypto so that we will not fall into scam.
I’ve been a victim of scam before it comes to me so easily trust the project without knowing all of it’s offer to the investors. That’s the bait offering big return of profit but ended up nothing to earn. Many have been a victim of a scammer so this is why we should really read, understand all about the goal offer to investors. Let's always learn from our mistakes when we have plan to invest in crypto industry.
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