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Author Topic: Why lots of people got scam easily  (Read 5571 times)
ChronoLite
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August 25, 2020, 01:29:46 PM
 #721

indeed 80% of the mistakes are in ourselves, because we who are greedy and never learn make us easy to be deceived,
it's not all about greediness, one of the my main factor of why we get scammed so easily is just because they look legit at the beginning but after they are gaining so much trusts to the community and they are starting to go outside of the track and start to scam us, yeah they had great team and great support at first but in the end they give nothing in return, you can find it almost anywhere on this forum.

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August 25, 2020, 10:11:00 PM
 #722

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.

That is very true one more thing we invested also the money we cannot afford to lose and this is very bad idea. Investing here in crypto business needs a keen and serious research before putting money to a project because there are many scam or what we call good offers project but bad in the results. I really hate to be scammed and all of us should avoid this but we cannot be a good investors or a traders if we did not experienced a feeling of being scammed or losing the money that we have, there's a saying " a lesson learned".
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August 25, 2020, 10:28:59 PM
 #723

Apart from the obvious things like greed and lack of proper research there are just too many gullible investors and scammers are taking advantage of them. Too many investors want to make quick money.
Usually the people that have no idea about how investment work and those naive people who think they are the chosen one and when they invest they will make it big but the reality turns out to be quite the opposite. Thse kind of people are endless and I don't expect the victim of scammer to significantly reduced anytime soon.
That's one of the reason also of why they easily scam that have no idea about investment or trading so in the they are losing money of the way it make. On when we are new in investing we need have time to search or have plan before we doing that things. And also being greedy one of the worst also mistake if we are not careful of what project want to invest.

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August 25, 2020, 10:47:29 PM
 #724

Apart from the obvious things like greed and lack of proper research there are just too many gullible investors and scammers are taking advantage of them. Too many investors want to make quick money.
Usually the people that have no idea about how investment work and those naive people who think they are the chosen one and when they invest they will make it big but the reality turns out to be quite the opposite. Thse kind of people are endless and I don't expect the victim of scammer to significantly reduced anytime soon.
That's one of the reason also of why they easily scam that have no idea about investment or trading so in the they are losing money of the way it make. On when we are new in investing we need have time to search or have plan before we doing that things. And also being greedy one of the worst also mistake if we are not careful of what project want to invest.
Yes, that's the common reason actually. People tend to do investing if it was suggested by the other people or someone they know without knowing anything about the project of making research. They keep on getting greedy just because a friend of theirs was told that by investing, they can get easy money.



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August 26, 2020, 03:15:41 AM
 #725

And ofcourse number 4, the scammers themselves. A lot of people are just starting with this trade and is still learning to navigate these parts but there are still people who take advantage of people who are just trying to earn a new living. But theres nothing we can do about number 4, after all this is the internet.




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August 26, 2020, 03:19:28 AM
 #726

I think to those people who got scam by other they do not review the project at all, they do not check the background of the developers, they do not check if there's many people are in it, they do not ask or inquire before they invest they want to got rich in a single day or night that's why most of the people got easily scam.
not reviewing, doing research, and not being selective in choosing projects, and greed for getting big profits in a short time, making people easily trapped in a scam. although it is very clear, currently there are still quite a number of people affected by such a scam. however, the key in this is, to be careful in selecting projects, and doing very deep research.
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August 26, 2020, 09:47:24 AM
 #727

New investors often fall prey to investment and I am sure if not careful, it is very easy to lose money in this market. In the past, I had lost a lot of money and that was the biggest lesson for me. That was the story of the past, and now things are different and I always analyze before deciding to invest and will definitely reduce me a lot of risk.
Experiences will be the most valuable lessons in the future. Almost all newcomer investors have experienced the bitterness of investing, losses experienced by newcomer investors due to a lack of experience and knowledge in the world of cryptocurrency. Rising from adversity is the attitude of warriors, never give up, and continue to learn to achieve success in the future.

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August 26, 2020, 10:32:52 AM
 #728

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.


I guess everybody takes risk since they cannot take the opportunity to learn about the project since not all of the users joining campaigns have different jobs. They might have joined the campaign since it had minimum requirements and promised to give big rewards. Its true that its really sad when campaigns turns its back to its promoters since without the promotion, some platforms might never get known. I guess what really breaks a persons morale is when everything looks like a scam. We would not expect great campaigns but all we can do is vouch for legitimate campaigns and tell people about it.
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August 26, 2020, 12:35:12 PM
 #729

Everything is very simple .. people think that cheating is easier to make money than working honestly, but they do not understand that they are spending the same energy on cranking the scheme as they could spend on honest work .. Nobody knows how to end up ...  in this topic, you still have to take risks more often than in others, so scammers will never disappear and cases of fraud too
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August 26, 2020, 12:59:56 PM
 #730

 I totally agree your opinion, greed is the important reason that people got scam, obviously, cheaters make good use of this weakness of human nature. Like the proverb says,"The law is strong ,but the outlaws are ten times stronger."

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August 26, 2020, 01:52:25 PM
 #731

it seems that right now special education is needed to guide newbies in the world of cryptocurrency or investing so that they can be more selective in making investments or transactions
but failure is the best teacher and the person who falls in the same hole is a person who does not develop and does not know his mistakes so it is not wrong if someone gets a scam if he is new to entry

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August 26, 2020, 02:45:34 PM
 #732

Trust is greed increased, is at the world crypto we is the by lust and emotions greed can close our brains to think and examine a project to get instant advantage but some me it is the wrong way, many people have had enough of trust but they are not aware its still use of emotion greed investment
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August 26, 2020, 03:36:40 PM
 #733

the main reason people get a scam is that they have no knowledge of crypto and don't know the goal of the project, they may be new investors! the second is greed and too much trust in team promises
  I think greed is the biggest reason for being a scam. Not only new investors but also old and experienced investors often suffer due to greed. They lose their sense of well-being due to greed. Besides, a class gets involved in scandals without realizing it due to their ignorance and incompetence.

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August 27, 2020, 12:46:36 PM
 #734

The "trust" point : with IEO on the trusted market, it is can be minimalized to not to be scam, thank you for the team inside market that verify good project for us.
And the "greed" and "no knowledge about the project" factor, its depend on each person i think, even me cant refuse "greed" factor sometimes Sad
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August 27, 2020, 01:15:20 PM
 #735

The truth is that most people are greedy or perhaps they have a mindset that the cryptocurrency space is an avenue where one could make excess money without effort. When I read some scenarios of people getting scammed it feels like common sense is no longer common. How can you receive 1 bitcoin for watching ads. It's always impossible for one to receive substantial money for doing nothing.
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August 27, 2020, 01:29:48 PM
 #736

To add to that, we decide too soon without making a proper research. A quick search could change our mind about the project.
Another reason that's highly applicable with me is we trust something blindly. Putting all your money is a single project however legit it may seem is always a bad idea. Don't put more than 10% of your funds in a single altcoin.

I feel not many people do their due diligence and invest their time in proper research. As I've said a few times before, a good metric is to judge how real and serious the team behind it is. Watch out for fake team members! That's a big red flag and can tell you how authentic a project is.
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August 27, 2020, 02:02:30 PM
 #737

The three points above are often the main factor in the ease with which investors are tricked by scam projects that only steal investors' money and then leave. However, the three points above also cannot guarantee that investors are free from scam projects, because sometimes projects that pass and are listed on the exchange can end badly (lack of offers, and don't have a good price), this will make the project die slowly and eventually. detrimental to investors. this is the importance of knowledge (especially for new investors). by having knowledge, we have tried to avoid greed and we will not easily believe.

Indeed. Thorough research is a vital part of gaining knowledge. And if you are knowledgeable enough about these things then you can prevent getting scammed easily. And with knowledge you have, you will have the capacity to choose projects carefully.
Jeger.Kiting
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August 27, 2020, 02:10:10 PM
 #738

I think greed is the biggest reason for being a scam. Not only new investors but also old and experienced investors often suffer due to greed. They lose their sense of well-being due to greed. Besides, a class gets involved in scandals without realizing it due to their ignorance and incompetence.
Yes, in fact, if we examine deeply, greed arises in someone who wants to get rich quickly so that his desire is put to good use by the project to cheat, because he has opened a room for fraud for himself at that moment.


Sometimes someone who already has a passion in him is very difficult to control himself, and is also lazy to look deeper to make sure that the project is good or not, this is what makes many investors, large and small, often careless to confirm the project in advance, sometimes the project the current project is very clever to clear up its guise to trick its prey, at least there is prevention in that case, so that there are no more victims in the future ...
kaseygriffin
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August 27, 2020, 02:23:19 PM
 #739

The three points above are often the main factor in the ease with which investors are tricked by scam projects that only steal investors' money and then leave. However, the three points above also cannot guarantee that investors are free from scam projects, because sometimes projects that pass and are listed on the exchange can end badly (lack of offers, and don't have a good price), this will make the project die slowly and eventually. detrimental to investors. this is the importance of knowledge (especially for new investors). by having knowledge, we have tried to avoid greed and we will not easily believe.

Indeed. Thorough research is a vital part of gaining knowledge. And if you are knowledgeable enough about these things then you can prevent getting scammed easily. And with knowledge you have, you will have the capacity to choose projects carefully.
Even if you do a lot of research on the project, I believe you are still likely to encounter scam projects because there are too many scams in this market. I also used to love investing in new projects, and always researching them. But in the end the price always goes down, although the project continues to evolve
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August 27, 2020, 02:30:10 PM
 #740

People want to become millionaires over night, without doing anything. They dream about free money, and pretend that bitcoin or cryptocurrencies in general were made to give people free money. I don't think these people really get "scammed" as what they're doing isn't real investing, it's more like gambling, and when gamblers lose should they blame anyone? People who don't want free money but want to invest in serious project built on great fundamentals and real life use cases don't get scammed.
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