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Author Topic: Why lots of people got scam easily  (Read 5446 times)
Onuohakk
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December 27, 2019, 11:00:09 PM
 #301

Majority of individuals that falls into victim of scam are the ones that don't have proper knowledge of how crypto works. They are easily convinced and deceived because their knowledge about crypto is that, is a quick money scheme where you invest and have returns in few months time without much stress and worries.

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December 27, 2019, 11:07:41 PM
 #302

Majority of individuals that falls into victim of scam are the ones that don't have proper knowledge of how crypto works. They are easily convinced and deceived because their knowledge about crypto is that, is a quick money scheme where you invest and have returns in few months time without much stress and worries.

indeed usually they will only do a scam by having a target that does not have experience about project fraud or scam investment, so it will be easier to do it, usually new traders will become victims, while traders who already have a lot of experience will easily know that the project is a scam or fraud.

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December 27, 2019, 11:16:30 PM
 #303

Yeah, it's true that you are talking about someone who is easily fooled by a scam project because of lack knowledge and trust the team of a project. For now, investors have to observe and analyze new projects that have arisen, so they can compare, which projects are roughly honest and this takes time to get good projects. So don't rush investing before you analyze them.

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December 27, 2019, 11:20:12 PM
 #304

Scammers are wise and they know how to use the weak points of crypto investors. The investors should be able to protect their assets from hackers and attackers in all possible ways. The many people have no idea why they are in the crypto industry and scammers hunt the inexperienced investors.

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December 27, 2019, 11:30:44 PM
 #305

Scammers are wise and they know how to use the weak points of crypto investors. The investors should be able to protect their assets from hackers and attackers in all possible ways. The many people have no idea why they are in the crypto industry and scammers hunt the inexperienced investors.
In most cases they get to know people living next to them or through some sources that they turned rich out of cryptocurrency investment. This won't happen everytime, further without understanding the reality, risk they just enter the market. In particular they won't ask for suggestion which is the worst thing. This makes them look for projects that make them rich at the shortest, ends with a big loss of funds.

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December 27, 2019, 11:40:18 PM
 #306

actually the main reason is they dont have nay knowledge about what they want to do. when they trust to people, they still think twice to give their fund. and mostly they just newbie, newbie is really good target, no need more effort to scammed them. my friend was new in crypto, and he loss much of fund because dont know and just trus to people or exchanger

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daglordjames
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December 28, 2019, 05:05:30 AM
 #307

I think new investors gets scammed a lot because of the limited amount of knowledge about crypto and getting greedy about a higher bonus in the project.
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December 28, 2019, 05:23:24 AM
 #308

I think new investors gets scammed a lot because of the limited amount of knowledge about crypto and getting greedy about a higher bonus in the project.

they may not invest in new projects if no one invites them. if they are new players, of course, they will seek safety by investing in markets with more familiar top market assets. they are just stuck with the situation. and indeed they are not lucky because they have to accept losses.

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December 28, 2019, 06:28:22 AM
 #309

FOMO and lack of research are I think the main factors. FOMO leads to a restricted time window to take action, which means less time available for research... but also there is a lack of research in general, whether through laziness or a poor or insufficient understanding of what the project is actually offering. It is easy in an unregulated market to get sucked in by wild promises that have little basis in reality. Sometimes a little research will reveal a lot, but other times only the real experts can identify whether a project is good or bad. Add to this the fact that a lot of commentators already have a vested interest as bagholders, and it leads to chaos.
We will not all make perfect decisions all the time, but we just have to make sure we make the best and most informed decisions that we can, given our abilities and the informatino (or lack of information) available. If you think you're not a great judge, then stick only to the more established projects.
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December 30, 2019, 03:50:15 AM
 #310

I think new investors gets scammed a lot because of the limited amount of knowledge about crypto and getting greedy about a higher bonus in the project.

Hence, new investors need to do a lot of study on crypto and investment. First they have to avoid investment in new coin like ICO, IEO because they are being tempted by the discounts from new projects and get scammed or huge loss. I suggest them to gather knowledge, do research, trade first on exchange by investing small amount they decide to go on big.
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December 30, 2019, 08:04:15 PM
 #311

This main point when new members coming here in crypto world then their face scam because their not ready for understanding about cryptocurrency market. Almost new member don't know about ICO/IEO which best, what's development, what's project roadmap then they do invested without analysis.

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December 30, 2019, 09:54:50 PM
 #312

This main point when new members coming here in crypto world then their face scam because their not ready for understanding about cryptocurrency market. Almost new member don't know about ICO/IEO which best, what's development, what's project roadmap then they do invested without analysis.
They also don't understand what are these ponzi's and hyip's. They have to be educated first before they dwell into investments or start making their own decisions of what project to invest.
But it's unstoppable if they are in a rush and wants to make their own move by investing without the consent of others or without asking if the project they've found is a scam.

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December 31, 2019, 12:27:31 PM
 #313

This main point when new members coming here in crypto world then their face scam because their not ready for understanding about cryptocurrency market. Almost new member don't know about ICO/IEO which best, what's development, what's project roadmap then they do invested without analysis.
Yes you are right. The newcomers had entered the crypto world without any knowledge or idea about this thing that's why their trust can easily get by others and the scam follows. The right thing before entering anything even if it is outside the crypto world, you should be knowledgeable in order to avoid scams


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December 31, 2019, 12:51:18 PM
 #314

Lack of knowledge is the main reason I guess. They are being controlled by the one who knows a lot in term of cryptocurrency that is why they are getting scammed. Do not trust people so easily because it might drag you to that modus. Be mindful to those people who you trust because they might stab you from behind sooner or later.

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December 31, 2019, 01:18:32 PM
 #315

Lack of knowledge is the main reason I guess. They are being controlled by the one who knows a lot in term of cryptocurrency that is why they are getting scammed. Do not trust people so easily because it might drag you to that modus. Be mindful to those people who you trust because they might stab you from behind sooner or later.
actually what you say has a connection, if we don't have knowledge then we will assume the words and research results of people is certainty, and in fact it is a big mistake that should not happen. but we must grow, if we still have these deficiencies then we must learn to be more independent again especially in choosing where to invest


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December 31, 2019, 01:56:02 PM
 #316

This main point when new members coming here in crypto world then their face scam because their not ready for understanding about cryptocurrency market. Almost new member don't know about ICO/IEO which best, what's development, what's project roadmap then they do invested without analysis.
No one should invest on anything without having prior knowledge about it,or they will lose or get scammed but people who don't realize this but wanted to make profits and want to be a millionaire soon.

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December 31, 2019, 04:51:50 PM
 #317

Helpful points to create awareness,Further adding here that before investing any project read its white paper and learn the idea,facts and figures,team members profile to know the worth f project and what are the future resolutions.

Contact to representative and find how they are responsive,professional to solve any problem of customers or investors.Do not it invest till find all answers of questions in your mind.
If going to invest just invest 3% percent of capital,as per advice of financial advisers.



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December 31, 2019, 06:41:35 PM
 #318

This main point when new members coming here in crypto world then their face scam because their not ready for understanding about cryptocurrency market. Almost new member don't know about ICO/IEO which best, what's development, what's project roadmap then they do invested without analysis.
There are many new investors who get lost in the world of crypto currencies because they are not having enough information about where to invest and why and when as well. They often end up investing into new projects which apparently appeal them a lot and are offering amazing returns. This is why people I always suggest young investors or newbies to go with famous projects to avoid losses.

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December 31, 2019, 06:51:52 PM
 #319

Don't be too greedy or trust anyone. In this highly volatile cryptocurrency market we have to be careful with everything including normal friends.  Sad
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December 31, 2019, 06:54:19 PM
 #320

Anyone can easily be scammed or tracked and be targeted by the worst actions in this cryptocurrency. If we do not have much knowledge, we should learn slowly, do not be too risky.
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