Why lots of people got scam easily

[PerfectCircle]

Blind investment is the most popular in crypto space, not having a knowledge about a project and still investing money on such Project is what many people like doing that's why they keep losing money, imagine some are investing in crypto projects because they have high trading volume

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[BigBos]

There are many different reasons why newcomers are fooled by scammer, but one of the frequent reasons we can see it is their greed. It has caused them not to have a right mindset and to easily invest in scam projects

Sometimes, they've been fooled by their friends of relatives, someone who's involved with ponzi and scam projects they've been recruited in a promised that they'll be getting a huge amount of money. Both trust and greed leads them to get victimized by scammers, it's always best to work more with your education regarding to the investment that you'll going to participate and invest your money.

Well, that's because they want to get rich quickly without thinking about the risks, and the main factor in this is greedy, but lazy to find information about the truth of their investments. because of this, many people are exposed to scams on HYIP or Ponzi sites.

[Jonyshake71]

This is because scammers are so smart. Not only newbie but also professionals can get victim by them. Cause They create their website, team members as if those are so real. Its hard to find out. So lots of people got scam easily even professionals

[Casdinyard]

There are lots of things why people get scammed easily but there are just a few that I think would be the appropriate things that I usually observe making people to fall into scam.

1. Absence of Knowledge - people get easily scammed or fool most probably by scammers because of the lack or absence of knowledge about a new thing being introduced to them. Scammers are making use of this weakness to take advantage of those people and that is when negotiation comes in and so the rest of the process and then little do the person know he got already scammed.

2. Desperation - some comes into what they think are easy ways to earn money because of desperation that they need to have urgent money and since they find an opportunity to get that "instant money" they would risk anything just to be able to earn money which is another weakness being taken advantage by the scammers.

Lastly,

3. Greed - people nowadays are too greedy and not contented that is why even though they have already enough or more than enough, they would still risk the thing of getting into a greater opportunity that mostly leads into a scam.

Those were some of my brief observation why people are certainly being scammed easily and because of those weaknesses, scammers are always having the opportunity to take advantage of it.

[BChydro]

This is because scammers are so smart. Not only newbie but also professionals can get victim by them. Cause They create their website, team members as if those are so real. Its hard to find out. So lots of people got scam easily even professionals

If you are doing a background check and talk to the developers then you will have an idea about their project and i used to do that in the past just to understand whether these team members have any idea what they are talking about and if you take your time to verify the things then you will not get scammed and as an investor you have the rights to verify and monitor everything .

[ahyadinnn]

Well, that's because they want to get rich quickly without thinking about the risks, and the main factor in this is greedy, but lazy to find information about the truth of their investments. because of this, many people are exposed to scams on HYIP or Ponzi sites.

that is one of the scammers trapping investors, by offering huge profits quickly, and of course investors will also be tempted without first researching the project, a lot of projects like that these days and many investors experience losses

[Synaesthesia]

Well, that's because they want to get rich quickly without thinking about the risks, and the main factor in this is greedy, but lazy to find information about the truth of their investments. because of this, many people are exposed to scams on HYIP or Ponzi sites.

that is one of the scammers trapping investors, by offering huge profits quickly, and of course investors will also be tempted without first researching the project, a lot of projects like that these days and many investors experience losses

I think new investors will often fall victim to these scams. They do not have much knowledge and are good prey to approach so it will certainly be easier to lose money. It is best to enter this market before taking the time to study and listen to the advice of those who go ahead because they will lead you to a better path. I was lucky to have a friend guide me from the start and until now I rarely lose money in this market.

[Gorosden]

People got scam because they don't want to learn, people only want to earn money without any knowledge of understanding what they are venturing into, it's really a shame, how can someone go to war without any information of who the enemies are or how tricky and strong they are? It will surely be a lose ending

[bits4books]

I think I will not be mistaken if I say that all the basic principles of security in the ordinary economy and the Internet work perfectly in relation to cryptocurrency. You sholdnt involved in questionable businesses and  invest credit money and neglect the information around - and everything will be fine.

[Restmand]

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.

One thing people always want to get rich in a very easy way. This is what usually people do when somebody offers business with very high return on investment. Let us always bear in mind that good earnings come with after all the sacrifices we did. We can be proud of ourselves when we get rich beacuse of our hardwork. But for those who get scammed like me before, let us make it a lesson to learn and hope we will make another move in order to be succeed.

[GreenStox]

lack of knowledge and too much hurry cause people to lose money when investing, trying is good but you have to fix mistakes if you fail, instead of being stuck in the same hole continuously.

[Ezravdb]

Quite difficult to eliminate Fraud in Cryptocurrency because at any time there is always news of victims of fraud in crypto, Like the incident a few days ago when Twitter was hacked there were several famous Twitter accounts that were broken so that there was a tweet asking for donations so people immediately sent without investigating  first.  Now from this incident we can conclude that the victims of fraud are trapped in a giveaway done by fraudsters.

[Upgate]

Base on trust issues.
I just notice this of recent on telegram group. Few members of group hyping a project.
 There's this project that got my attention on telegram for quite some time now. The only thing they discuss in that group is how potential and unique the project looks. About 5 members from that group will be discussing about the project, even throwing questions and giving answers to each other about the project. Are they indirectly marketing the project for individuals to invest? Cos the last time I checked, I regret trusting and listening to them

[Nesbee2]

 I think reasons for scamming differ depending on the person . some people are greedy and as such they get scammed when they prefer dealing with someone they dont know that offers a higher rate instead of using Exchange or and escrow group .

[dataispower]

Base on trust issues.
I just notice this of recent on telegram group. Few members of group hyping a project.
 There's this project that got my attention on telegram for quite some time now. The only thing they discuss in that group is how potential and unique the project looks. About 5 members from that group will be discussing about the project, even throwing questions and giving answers to each other about the project. Are they indirectly marketing the project for individuals to invest? Cos the last time I checked, I regret trusting and listening to them

If you ever think a project is legit or their coin good to buy in hugely based on telegram hype, you will be getting it totally wrong. Some can use their telegram alt accounts to hype scam projects and gullible people will invest. Let's be careful how we go about crypto investments.

[Akoldi_ibk]

I agree with you on all the points highlighted. However, I observe that there is new twist to falling into scam these days. Beyond being greedy, lack of knowledge or trusting the project team, also is a well planned scamming scheme. These scammers also get smarter every day and do presents their victims with real and finished product, that it becomes impossible for even the old and experienced in the space to suspect until the did has been done. Anybody can fall victim. What is important is to consider every factor and never leave any stone unturned.

[StephenJH]

I think reasons for scamming differ depending on the person . some people are greedy and as such they get scammed when they prefer dealing with someone they dont know that offers a higher rate instead of using Exchange or and escrow group .

You are definitely right about that, there are a lot of people who join here for making quick money. They think that cryptocurrency means the easy way of earning money. Cause of that they can fall into scams so easily, they rely on a person who wants to steal their money instead of making their own research. If they look at the forum, there are a number of posts about scammers and how to avoid from them. But they find this information useless, lack of knowledge they can be a victim.

[albon]

The greed of people to get rich quick is what makes them fall victim to scam, also their lack of experience and their lack of knowledge of the intrigues of scammers, Also, what makes people got scam easily is their fear of losing and missing an opportunity, and this is what makes them rush without thinking, and then they lose their money and efforts.

[abayan]

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.

They trust easily to someone that show them huge profit even the profit was not true and just stole on someone profit, they believe on their friends that they can get money easily that was a big lie there is no easy to get on this crypto space and don't have knowledge on what they are doing just go with the flow.

[AjithBtc]

Very first information shared or received by a person is the root cause for people easily getting into scams. Initially get to know about cryptocurrency as a way of earning. Another thing very few could've earned big out of cryptocurrencies based on luck. This makes them risk of investing and getting back the profit in a very short time period. When people make a perfect basic learning about cryptocurrencies automatically things will change and scammers will stay away.