Why lots of people got scam easily

[OrangeII]

Inexperience and greed make new entrants into this market stuck with scam projects. No job in this market can help you get rich quick. They need to know this well to avoid the good offers from scam projects

that is a common thing for newcomers. they will definitely feel a scam if they are not careful, and want to immediately get a lot of money. now there are so many scam projects that have a pretty good concept that can make new investors easily withdraw money in their wallets easily.

[AutomaticTrade254]

New investors getting a lot of scam because of their lack of analysis . However, every investor should not be easy to believe in any project without doing any research . After you get enough information then you can decide to join or not. Than you can avoid possibly scammers.

[lousie9]

the main reason why many people experience scamed, is because they have no knowledge at all about crypto. on the one hand they assume that crypto can get rich quickly, on the other hand they easily believe with a high offer. beginners need to be careful before taking part in this industry.

[gunungkembar]

the main reason why many people experience scamed, is because they have no knowledge at all about crypto. on the one hand they assume that crypto can get rich quickly, on the other hand they easily believe with a high offer. beginners need to be careful before taking part in this industry.

I really agree with what you say because for now there are many people who started to enter the world of tradng and do not have much experience about projects or places of exchange that are currently also many false so be careful when wanting to put assets for trading or investment on cryptocurrency.

[lienfaye]

the main reason why many people experience scamed, is because they have no knowledge at all about crypto. on the one hand they assume that crypto can get rich quickly, on the other hand they easily believe with a high offer. beginners need to be careful before taking part in this industry.

In short greedy to earn without exerting an effort. We can prevent ourselves getting scam by being aware of the possible scenario if you invest in crypto or other opportunites that is offering a high return. There's no easy money here, in order to gain you need to wait and be patient because those who are promising high profit in a short period is likely a scammer.

[Malvika_sitlani]

First of all, people got scam easily because without doing any research some of them jump to the conclusion. Mistakes happen by anyone but if we will do it carefully then maybe we can save our money.

[ZincUnrated]

Scamming generally can be attributed to enormous greed and impatience. The saying goes, "if it is too good to be true, then it most certainly is". People get to fall for cheap and avoidable scams because of greed and the thought of making a quick buck. This plays on them and then they lose their sense of critical and logical reasoning. Once this happens, they get exposed and subsequently get manipulated into releasing sensitive details or assets and that becomes the end. If people can actually curtail their greed, I am more than certain, there will be a reduction in the number of scam occurrences.

[mahibul49]

people get easily scam because of hey never do any research before engage and i think they should talk to some crypto expert before buying any new crypto from ICO or exchange.

[@baoli]

A lot of people have heard stories how others make millions in just few days in crypto. So they develop trust and would want to try it out. Not knowing they still need to be patience and careful with projects.

[Dhoe]

people get easily scam because of hey never do any research before engage and i think they should talk to some crypto expert before buying any new crypto from ICO or exchange.

Not just beginners but people who are experienced in the Crypto world can also be easily fooled by projects that look good though in fact it is a scam. It is very difficult to distinguish which projects can be trusted and which are not. Scammers are really smart tricking investors with their tricks.

[FireBallex]

There will always be first lessons for every new crypto investors, getting scam is something newbies can't escape from, there is greed and there is FOMO, one way or the other these two will caught up to you, I've got scammed and I don't intend on getting scammed ever again

[dataispower]

people get easily scam because of hey never do any research before engage and i think they should talk to some crypto expert before buying any new crypto from ICO or exchange.

Not just beginners but people who are experienced in the Crypto world can also be easily fooled by projects that look good though in fact it is a scam. It is very difficult to distinguish which projects can be trusted and which are not. Scammers are really smart tricking investors with their tricks.

It's not very difficult to distinguish genuine projects from scam projects if you do more thorough research on team, rather than looking at hype around a project or their project aim/ roadmap. Atleast I've learnt that from experience. Well, you have a point since some projects look very genuine but at the end turn out to be scam. Sometimes its a matter of grace and not how well you do your research, even though it's necessary to. I bought one ICO in 2018 with a very superb MVP, yet they scammed.

[Vishnu.Reang]

There are a number of factors and you can always blame the victims for getting fooled so easily. But at the same time, some of the blame should be placed on the authorities as well. In many of the nations, cryptocurrency is still not 100% legal. I am talking about countries such as India and China. And this pushes the trade underground, and as a result the scammers are getting a greater chance to play their dirty tricks.

[Natalim]

There are a number of factors and you can always blame the victims for getting fooled so easily. But at the same time, some of the blame should be placed on the authorities as well. In many of the nations, cryptocurrency is still not 100% legal. I am talking about countries such as India and China. And this pushes the trade underground, and as a result the scammers are getting a greater chance to play their dirty tricks.

It is already legal in India, this year they lifted the ban on cryptocurrency.

https://www.coindesk.com/indias-supreme-court-lifts-banking-ban-on-crypto-exchanges

The Supreme Court of India has ruled against a decision imposed by the country's central bank nearly two years ago that stifled crypto trading in Asia's third-largest economy.

In China, bitcoin is still ban.

[jacafbiz]

The main thing is greed others are just secondary factors. I could remember during ICO  craze there are some projects that after reading about them you know they are likely a scam but then almost any project is giving 10x return, so why not put a something in it and take profit and move. Some fee works fine but most end bad. Yobit then is heaven for these type of projects then.

[Odebowa]

you are right when someone is concern about making profit when he his taking decision will not take or check necessary consideration since profit in the factor of his decision with that people tend to believe without analysis. this scam of a thing happen mostly to new investor if someone has brag or mouthed to them that crypto you are going to make *10 of what you invest. but on a serious note some new don't get scammed easily especially that really believe in crypto that they sermonize before, they check every thing necessary to be check

[Gayong88]

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.

Very interesting, but there are still many People always try and end in vain. Extensive knowledge of easy life. That very simple and make it better for you.

[Mealea]

Greed and ignorance has cost a lot of people so much loss. So many would have been better in crypto if not for greed. For any one to be free of scam in crypto sphere he or she most not be greedy. Ignorance is another vital factor. Many are still far behind when it comes to the knowledge of cryptocurrency so they got scammed.

[Viscore]

Greed and ignorance has cost a lot of people so much loss. So many would have been better in crypto if not for greed. For any one to be free of scam in crypto sphere he or she most not be greedy. Ignorance is another vital factor. Many are still far behind when it comes to the knowledge of cryptocurrency so they got scammed.

It is correct, and with there loss the smart people are making money from them.

The market is very unpredictable and it's just normal to see people who lose money while some makes money.
Maybe at this stage we are the ones who are losing money but we should not allow to be like that forever, there's always a chance to improve and by learning from your mistake, that is already a good start.

as long as we still stays, soon we will be making money if we learn and mature.

[tunapa]

Most is greed and laziness to do research. People just want a verbal assurance from a so called expert and they go all in. It usually doesn't end well. Sometimes the so called expert has been paid to hype the project. It's all for the money.