Why lots of people got scam easily

[PANK21]

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.

Another things that can easily get people scam is that they get blinded by the big rewards and lots of giveaway, this leads to hasty decision and will definitely neglect all the things that are important to do like checking the ICO , reviewing the whitepaper and also conducting some research about the specific campaign or company. Thus, being aware these days are also included.

[judaspriest]

the first is that people don't realize that their team is fake, and their whitepaper has no weight,
there are no strong fundamentals when analyzed like this, so people have to analyze it before join the project

[Baimovic]

yes, most people are prone to fraud as you said above. but it cannot be denied that most projects seem real, scamers have revolutionized their projects so they can look convincing. on the one hand not everyone can find out especially lay people.

[The cure]

Trusting easily to someone or to any projects without knowing it deeply resulting into the downfall. People sometimes greed to money, they are expecting big in return thats why they are so much excited to invest and also believed that there group was real. But even the smartest people also get scam because you'll never know the truth untill you fall from their fraud.
Others follow to other people

[b1k4ng]

Today's scammers are so smart that everything even looks like real, people are easily fooled because many are in a hurry when they see the offer given by the project without doing more thorough research. I think that greed makes people lazy to be a little patient doing research

[Jorge158]

People get scam normally because they fail to research into the project before investing. Since there are equally scam projects just as there are authentic one, jumping into a project without a clue on its authenticity might end an investor falling a victim of a scam project. Research, pay attention to the projects team, concept and uses cases before joining.

[cryptogeek101]

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,these are some of the reasons people are scammed in the crypto space however it's very necessary people carry a deligent search of any project they want invest into,so as to know the details about that project. Also you should know who the team members are

[timmmers]

I believe that the situation is not as dramatic as before, people find out what ICOs really are, learned from past mistakes and now they focus more on Bitcoin. But, when the hype appears again, newcomers come and situation will repeat.

[ancafe]

I believe that the situation is not as dramatic as before, people find out what ICOs really are, learned from past mistakes and now they focus more on Bitcoin. But, when the hype appears again, newcomers come and situation will repeat.

right now I feel that many people have been able to avoid project scams. for a while ago, people still thought that ICO could make a profit like 2017-2018, so they invested without doing research. at this time, I think everyone has done their own research. however, fraud occurs because they do not conduct research on it.

[chichidori]

They got scammed because some of them believe that they can hit big in an overly hyped ICO, token with fake volume and big bonuses, many have also fallen victim to a 2 round ICO where the first round will sell out and serve as a bait to unsuspecting investors.

[reliable]

I believe that the situation is not as dramatic as before, people find out what ICOs really are, learned from past mistakes and now they focus more on Bitcoin. But, when the hype appears again, newcomers come and situation will repeat.

One thing is for sure that now people get less scammed as compared to previous couple of years ago. Awareness among people has not increased then before and also not easily in any project people do invest blindly. They have started to understand and learn if it is going to be worthy and doing their due diligence which may help them to avoid as much as possible.

[Winscosinally]

I got scammed because of trust three project which i really trust too much was centra, dropil, coss  i forgot some other but these projects really made me to not believe any peoject. Because these products were havung working productbwith team and progress even these became scam .

That's it, thanks for sharing, this is exactly the reason why I don't blame those who fall for scam projects sometimes, some projects are very smart that they will give investors every damn thing they hoped for, enough to make them feel that the project is very very important and promising but later they exit scam, we can't blame people for these

[Winscosinally]

Crypto space is not a safe haven for anybody, there are too many risks involved, no matter how smart you are you will fall for scam or make some mistakes at one point unless you've make up your mind never to trust new projects and go all in for Bitcoin

[Captain Corporate]

 I think there is people who are just too naive and they just believe in things like that very easily. Its not really that uncommon for people to fall for stuff, this is not just scam, sometimes you get fooled by people when you are in love, sometimes when you buy a second hand car and many many other ways to get fooled. All of those things are because some people are very convincing while the other people are very naive and believe everything you say. When you bring those two people together, a scam is inevitable, there is a chance scammer could sell the world, hell there was a person who sold eiffel tower twice At the end of the day its the norm of the world, there will be scammers and scammed.

[JasmineRose]

alot people got scam because they just don't know what project they join, developer who handle that and what it is righ to invest.
almost all of they just looking for big profit in ICO or IEO.
project who will launch their IEO will more better safe than just ICO only, because some exchange will select real project carefully.
so choose investation with IEO project.

[ned.ryerson]

I believe that the situation is not as dramatic as before, people find out what ICOs really are, learned from past mistakes and now they focus more on Bitcoin. But, when the hype appears again, newcomers come and situation will repeat.

the situation will always be repeating and nothing will change. the market is cyclical and also people's interest in ICOs will be cyclical. The most important thing is to learn how to understand when people have an interest and when not.

[davinchi]

There is this feeling in people's hearts that if they can somehow find a way to get rich for just once, they could keep all that money, put it on something safe like a bank interest type of safe place, and just live with that forever without having to work again.

Working for someone else is biggest trouble people have, it takes around 40 or sometimes 50 years of your life, considering that is about 8 hours per day with some vacations that is around 15 years of your life spent at work, you live around 75 years and that means only 60 years of your life is yours, considering quarter of it goes to sleep, that is only 40 years left.

This is the exact reason why people get fooled, they do not want to spend that extra 15 years on working, they want to stop as soon as possible and that makes them vulnerable to scammers who promise you the same exact thing.

[bobitza]

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.

We are often fooled by immediate benefits. Be careful before the promises of investors. It is a way for them to raise capital for their projects. Sometimes you spend money but waiting for profits is difficult. So when participating in cryptocurrency projects, you must have knowledge and thorough research about the project to avoid having to worry. There have been many cases of scams.

[Odebowa]

though with all the point pin pointed you highlighted you are right, sometimes the investors did not really get them self gather even though they have the knowledge when taking decision, they belief they cant be scammed, i.e overconfidence, caused it also. which make them got scammed on the long run.   

[Twinkledoe]

though with all the point pin pointed you highlighted you are right, sometimes the investors did not really get them self gather even though they have the knowledge when taking decision, they belief they cant be scammed, i.e overconfidence, caused it also. which make them got scammed on the long run.   

For me, greed is really number 1 as most investors are thinking of the profit that they will gain. But unfortunately, only few of them have real foundation. Of course, if you will invest, you are thinking of how many times you can get profit out of it. Usually, they are enticed by bonuses and other rewards, and neglecting to check its real background.