Why lots of people got scam easily

[SummerBliss]

Things why a person can easily get scammed in crypto-world

1. Greed
2. No knowledge about the project
3. Trust

This are the three main reason why they get easily scam
Greed, because there are a lot of promise by the campaign and the developer we easily believe that its true
investing a lot of money in the project that is garbage.
No knowledge also is the second reason because of the trend they just go and invest without any knowledge of the said project
Trust because they trust the people in the project which sometimes pretends that the person is a member of the project
they can easily decieved that once they invest , they will soon find out that the person is just impersonating , and not really
what all expected.

Yes i agree with you that people have no proper knowledge about the projects and they are becoming greedy on the other part which is leading them to the scam world.People expect too much from the new projects without even checking their background and easily gets fooled by the team.So we need to be aware about the market.

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[Dreamr]

I think the majority of people got scammed easily because of two things which are greed and laziness. people are very lazy when comes to reading and researching new projects. people always want easy money that is why they are getting scammed all the time. Sometimes people got scammed through Ponzi scheme due to greed e.g. Bitconnect and The Billionaire Coin

[Meowth05]

I completely agree with you that is true. Basically, newcomers fall into such a trap of scammers who do not understand how risky it is to invest money in an unverified project and, of course, this is greed. When investing, there is always a risk of being left without the money that you invested in the project.

Even if you warn newbies not to invest on a project they will still do it thinking that you want to block them from making it big , they always like or prefer to learn the hard ways, once they get scammed they will start putting blames on bitcoin, saying its scam and the ones who wants to learn will learn from their mistakes and try to avoid same thing next time

It still need for newbies to experience this such horrible things because this is where they learn, what I mean is that sometimes we shouldn't tell them what to do and they must learn it through themselves. It is not being a harsh to them all I want for them is to discover their mistake and learn from it, through this process their experience will be fruitful. Before entering this industry you must have an enough knowledge, anticipate that in your first time here will be not in your favor and as the time passing by you'll learn and will become successful.

[stephanirain]

Things why a person can easily get scammed in crypto-world

1. Greed
2. No knowledge about the project
3. Trust

This are the three main reason why they get easily scam
Greed, because there are a lot of promise by the campaign and the developer we easily believe that its true
investing a lot of money in the project that is garbage.
No knowledge also is the second reason because of the trend they just go and invest without any knowledge of the said project
Trust because they trust the people in the project which sometimes pretends that the person is a member of the project
they can easily decieved that once they invest , they will soon find out that the person is just impersonating , and not really
what all expected.

Indeed, people really need to understand the concept of "too good to be true" in working in this industry. In every industry, there are always people that will try to deceive you. So, equipping yourself with knowledge helps a lot to keep you safe from those people. Read and study, this industry is so dynamic that every day is different. Be familiar and learn how to read the whitepaper so you will be wise when you decide to invest.

[bryant.coleman]

Things why a person can easily get scammed in crypto-world

1. Greed
2. No knowledge about the project
3. Trust

Perfectly said. I lost around 30 BTC in 2013, and I would 100% agree with what you had posted. Back then I didn't had the required knowledge about the project in which I was investing in, and I became a bit greedy. So I blame myself for whatever happened back then. I decided to invest in a cryptostock exchange called Litecoinglobal and lost my money when the exchange closed down all of a sudden. At current exchange rates, my loss would amount to $250,000. But there is no point in talking about it all the time. I have moved on and still I have a decent enough amount of BTC remaining in my wallet.

[d3nz]

There is a possibikty that this kind of people who got scam easily are not reading or making a research about the project if its legit or not. And they need to always verify and check the background of the project's team.

And even though they are new in this kind of investment, they should not trust the people who is making a private message on them and asking for payment to receive the tokens even though theynare scammers.

[Doranile432]

They get scammed because all they aim for in their heads is unrealistic dreams of making huge profits, having this in your head 24/7 will blind you and make you turn away from things you should learn first, this can triggers the greed in any human being

[HatakeKakashi]

The main factors why people getting scam easily because their knowledge is still a little even us before when we are started in investing in crypto we are losing more money but changes happen when our knwoledge our grow we are now avoid the scam project or anything that can lose our money. Being greedy is also you are right on that because they have investment who offer high return so the people invest to their project .

[ovcijisir]

Things why a person can easily get scammed in crypto-world

1. Greed
2. No knowledge about the project
3. Trust

Perfectly said. I lost around 30 BTC in 2013, and I would 100% agree with what you had posted. Back then I didn't had the required knowledge about the project in which I was investing in, and I became a bit greedy. So I blame myself for whatever happened back then. I decided to invest in a cryptostock exchange called Litecoinglobal and lost my money when the exchange closed down all of a sudden. At current exchange rates, my loss would amount to $250,000. But there is no point in talking about it all the time. I have moved on and still I have a decent enough amount of BTC still remaining in my wallet.

Buying and selling coins / tokens in panic is also of the reasons why are people easily scammed. When people panic because FOMO or FUD they are more likely to make hasty decision, to avoid loss or to make quick buck. Scammers play on this card so try to avoid hasty decisions and think before acting.

[bryant.coleman]

Perfectly said. I lost around 30 BTC in 2013, and I would 100% agree with what you had posted. Back then I didn't had the required knowledge about the project in which I was investing in, and I became a bit greedy. So I blame myself for whatever happened back then. I decided to invest in a cryptostock exchange called Litecoinglobal and lost my money when the exchange closed down all of a sudden. At current exchange rates, my loss would amount to $250,000. But there is no point in talking about it all the time. I have moved on and still I have a decent enough amount of BTC still remaining in my wallet.

Buying and selling coins / tokens in panic is also of the reasons why are people easily scammed. When people panic because FOMO or FUD they are more likely to make hasty decision, to avoid loss or to make quick buck. Scammers play on this card so try to avoid hasty decisions and think before acting.

Well.. back then I lost my money because I invested too many coins into a shady project. It had nothing to do with panic selling or listening to FUD. Actually if I had lost my coins due to panic selling, I would have felt much better. Because in that case I would have got at least some returns for my investment. But in this case, my entire investment (30 BTC) vanished in one go. We can talk about it for days, but it is not going to change anything now. Those coins are lost forever. I was lucky to invest in Bitcoin when the prices were really low (in 2012), and lost most of that investment due to my own stupidity one year later. But still I am lucky when compared to those losers who invested in Bitcoin at ATH prices in 2017, right?

[Shasha80]

I totally agree with your opinion about the reason people get scam easily, especially the points regarding greed and no knowledge about the project.
It is human nature to be very interested in money, that is the root cause of people want to control as much money from it appears greediness. That can eliminate rational thought and positive, if greed overwhelms us very easily we fall into something bad. In this we are so do not think clearly about
a project, the end we are easily hit by a scam. Then our second point as most investors just want to be easy or want something instant. Be lazy to learn with serious and careful projects that are followed, we are finally vulnerable to scam projects. Not aware of the project that we are follow turns trash or shit project.

[nicecrypto]

i think the major reason for newbie to get scam is lack of knowledge, many people don't fully understand how the crypto space operate, new comers are the most vulnerable to scammers, especial in a telegram group a project, you can find many scammers there dm you for silly offers or claiming to be an admin of a project, if care is not taken you will fall a victim.

[Fredomago]

Things why a person can easily get scammed in crypto-world

1. Greed
2. No knowledge about the project
3. Trust

This are the three main reason why they get easily scam
Greed, because there are a lot of promise by the campaign and the developer we easily believe that its true
investing a lot of money in the project that is garbage.
No knowledge also is the second reason because of the trend they just go and invest without any knowledge of the said project
Trust because they trust the people in the project which sometimes pretends that the person is a member of the project
they can easily decieved that once they invest , they will soon find out that the person is just impersonating , and not really
what all expected.

No knowledge regarding to the project is one of those reasons newcomers suffered from being scammed. Traders,bounty hunters or even the investors who are just new here easily being tricked by the scam developers, giving a lots of empty promises without knowledge it will attract newcomers to support the project. Though it's not always newcomers but also greedy followers who followed blindly without having any research about the project and the people who  are working behind.

[pelumi20]

there are several reasons why people get scammed in the crypto space but the two main reasons are greed and lack of knowledge

those that fall victim for scam due to lack of knowledge are usually the newbie in the space that are trying to find there way but refuse to ask from assistance from the older people in the space

And those that fall victim of scam because of greed are those that are looking for quick profit and want to get rich quick. Anybody could fall victim of this scam if the person is greedy and looking for quick money. the best way to avoid most scams is to always ask for help from people that have more experience than you before you proceed with any transaction.

[terencio]

Greed is one the reason and the fear of missing out, people are afraid of missing out on an opportunity, which they thought it will solve all their problems and help them regain their past losses..

[radjie]

it's too easy to trust a project without delving deeper into the history of the project team's related performance. In addition, greed is also felt by people who are easily tempted because the project promises great rewards if every individual who invests in it is able to get large profits. but in the end the related project only takes quick profits and easily carries the money that has been invested by the people involved in it

[Little_king]

many are looking for fast track while some are newbies and thse looking for the fast way are the greed one who deserve the lost as they are also in the main of scamming some one who has master that teach the lesson in same way but the newbies are also confuse as the market might be new but fail to learn so a to be free of scammer way .

[diazepam666]

Nowadays everything is available for money and for tokens. Since many started into the ICO business investors are got scammed with the help of service providers.
They use to get the tokens and work for the scam projects.
We need to examine on scam accusations to invest on good projects.

[Nivia1st]

most often greedy, they are persuaded because of a big bonus. just because some of the lies made by their scammers easily buy token shit. I often see many scam projects that falsify their income, only to attract investors. and investors who lack knowledge are often deceived by this.

[rodel caling]

Yeah you have a bug point about why people are quick to become vitciom of the scamm project because of lack of research and lack of knowledge because didn't learn well the project they want to get quick earnings but sad to say because of greed they got with nothing. To avoid this we need to learn and do not trust quickly became i still believe there have a lot of project are legit.