Bitcoin scams and new Bitcoin users

[aomakun]

I agree with you but these days anything can be found on the internet. There are already many websites which explains bitcoin, it's functionality, it's use cases, possible scams etc..
It's just a matter of minutes and all the information is in front of you. But there are many who do not bother to research before investing their money on anything.
People only lose their money if they don't pay attention to what they are doing.

Anybody who buys bitcoin should know how to use the internet then why do people don't research before investing their money ?

That is why before we introduce cryptocurrency to people, we should also be responsible for educating them on the possibilities of being scammed and be a victim of illegal activities on the internet. I do really appreciate people who conducts seminars that are free to public that is concerned about cybersecurity and investment. It strengthens the foundation of an individual to become risk-free and to have a deeper understanding of how to avoid fraud in the market.

this is indeed important, if we provide information about crypto to new people and they give a good response about crypto then we have the responsibility to train them to stay in the right place. give them knowledge so as not to get caught up in a fraudulent project, if not then they will also assume that we are also deceiving them

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[cutesgirl]

I agree with you but these days anything can be found on the internet. There are already many websites which explains bitcoin, it's functionality, it's use cases, possible scams etc..
It's just a matter of minutes and all the information is in front of you. But there are many who do not bother to research before investing their money on anything.
People only lose their money if they don't pay attention to what they are doing.

Anybody who buys bitcoin should know how to use the internet then why do people don't research before investing their money ?

That is why before we introduce cryptocurrency to people, we should also be responsible for educating them on the possibilities of being scammed and be a victim of illegal activities on the internet. I do really appreciate people who conducts seminars that are free to public that is concerned about cybersecurity and investment. It strengthens the foundation of an individual to become risk-free and to have a deeper understanding of how to avoid fraud in the market.

this is indeed important, if we provide information about crypto to new people and they give a good response about crypto then we have the responsibility to train them to stay in the right place. give them knowledge so as not to get caught up in a fraudulent project, if not then they will also assume that we are also deceiving them

I think when lost my investment with bitcoin and altcoin on my mind bitcoin is scam, but I don't know why when I get much profit with bitcoin and altcoin trading or investing bitcoin keep legit investment site for investing, after few years faced with bitcoin I keep the same ideas with bitcoin when get profit said bitcoin is legit and recommendation for investing but keep away when lost with bitcoin investment.

[Youghoor]

In as much that there are a lot of scams in the bitcoin ecosystem and the entire crypto space as a whole, greed is the only reason why a lot people in the crypto space and bitcoin ecosystem fall for these scams. It is about time people in the crypto space need to research before investing into anything in this ecosystem.  Knowledge and understanding are the key elements need to avoid being scammed in the bitcoin ecosystem. Scammers are always looking for greedy people in the ecosystem to scam them. A lot of people in the crypto space do not really know what bitcoin is and its significant purpose in the entire financial space.  Due to this, people easily get scammed.

[Lauren Smith]

The easiest way to not gove in to a scam and for for somhing is to be thick-skinned as hell. Don't believe anything anyone tella you. Expect what you hear to be bs abd lies. Dont just be a sheep and accept the first answer you get. Ask around. Wuestion. Like at school question your teachers and ask why. You ahoukd be use to questioning thigs from being in school. Only the sheep never questions the teacher. Always question thongs esspecially about money. This is the best advice you can get honestly. Don't trust anything you hear. Only trust what is real.

[kotik085]

My work colleague had a story related to cloud mining. Soon, a friend lost his money, as the site simply disappeared. It’s not worth it to invest in scam projects that promise mountains of wealth.

[Rodeo02]

My work colleague had a story related to cloud mining. Soon, a friend lost his money, as the site simply disappeared. It’s not worth it to invest in scam projects that promise mountains of wealth.

you should protect always your money and do not invest blindly with an investment that promises a high return . High return means high risk and you will lost all yout money in just one mistake so always take care of it. Investment is part of our life but you dont need to trust a fraud just to earn money.

[Kambal2000]

My work colleague had a story related to cloud mining. Soon, a friend lost his money, as the site simply disappeared. It’s not worth it to invest in scam projects that promise mountains of wealth.

you should protect always your money and do not invest blindly with an investment that promises a high return . High return means high risk and you will lost all yout money in just one mistake so always take care of it. Investment is part of our life but you dont need to trust a fraud just to earn money.

Well, I don't know why there's a lot of people who believes in this kind of strategy, sometimes, I am thinking, is it because of the poverty and they wanted to become rich in just expand of time, or they just do have lack of education and time to do research with what they are doing.

[The Cryptovator]

~snip~
These are some examples of classic scams affiliated with bitcoin and cryptocurrencies as bitcoin community is in main stream these types of things confuse people by saying bitcoin is a scam and what ever they try to do with it they ended up in the scam. With their less knowledge about bitcoin it is nearly impossible to make them understand that they are victim of classic scams and it is nothing to do with btc but for these scams they cant go any where or report it they feel vulnerable in using cryptos many individuals trys to point out some scams which get into main stream but this thing need to be done as a collective effort.

Well said, I am totally agree with that point. Bitcoin itself have nothing to do with these kind of scams. Those peoples are thinking Bitcoin is scam they have bad experience with it and they don't have enough technical knowledge what is bitcoin and how it's been working. Lots of scam happening on even real life with real money, it can't be prevent very easily. So it's normal behaviour, some bad people always around us either offline or online.

I have real experience that some people give up bitcoin due to scams. When they tried to buy bitcoin from my local country then sellers scam them and they disappointed from bitcoin. But bitcoin itself can't scam anyone, who will explain them since they already got scam and have bad experience. That's how some people think that bitcoin is scam but technically they are all wrong.

[CarnagexD]

~snip~
These are some examples of classic scams affiliated with bitcoin and cryptocurrencies as bitcoin community is in main stream these types of things confuse people by saying bitcoin is a scam and what ever they try to do with it they ended up in the scam. With their less knowledge about bitcoin it is nearly impossible to make them understand that they are victim of classic scams and it is nothing to do with btc but for these scams they cant go any where or report it they feel vulnerable in using cryptos many individuals trys to point out some scams which get into main stream but this thing need to be done as a collective effort.

Well said, I am totally agree with that point. Bitcoin itself have nothing to do with these kind of scams. Those peoples are thinking Bitcoin is scam they have bad experience with it and they don't have enough technical knowledge what is bitcoin and how it's been working. Lots of scam happening on even real life with real money, it can't be prevent very easily. So it's normal behaviour, some bad people always around us either offline or online.

I can't believe we still have to talk about the classic scams that has been crawling with us from the start. Newbies should research everything they need to prevent scam to happen on them, they are vulnerable on such fraud activities but with proper knowledge about crypto they are going to avoid it. Scammers online are harder to catch with the anonymity we have here in the internet.

[zviadits]

In as much that there are a lot of scams in the bitcoin ecosystem and the entire crypto space as a whole, greed is the only reason why a lot people in the crypto space and bitcoin ecosystem fall for these scams. It is about time people in the crypto space need to research before investing into anything in this ecosystem.  Knowledge and understanding are the key elements need to avoid being scammed in the bitcoin ecosystem. Scammers are always looking for greedy people in the ecosystem to scam them. A lot of people in the crypto space do not really know what bitcoin is and its significant purpose in the entire financial space.  Due to this, people easily get scammed.

Fraudsters have learned not only to create super-attractive conditions for their deceptions, but also to involve influential advisors so that this scamming deal looks very believable. People get these tricks and lose money. By the way, I agree with you that this is due to greed

[julius caesar]

They got scam because they are trusting those people that they do not even know so easily. Also, because of their greediness about the money that they might get, they just accept the offers of others without even thinking what will be probably the effect of it to them if they are going to accept it. Decide carefully because scammers is everywhere.

[keeee]

I agree with you but these days anything can be found on the internet. There are already many websites which explains bitcoin, it's functionality, it's use cases, possible scams etc..
It's just a matter of minutes and all the information is in front of you. But there are many who do not bother to research before investing their money on anything.
People only lose their money if they don't pay attention to what they are doing.

Anybody who buys bitcoin should know how to use the internet then why do people don't research before investing their money ?

That is why before we introduce cryptocurrency to people, we should also be responsible for educating them on the possibilities of being scammed and be a victim of illegal activities on the internet. I do really appreciate people who conducts seminars that are free to public that is concerned about cybersecurity and investment. It strengthens the foundation of an individual to become risk-free and to have a deeper understanding of how to avoid fraud in the market.

But sadly other people who are new to it didnt give effort to know what bitcoin really is.  And when they get scammed they blamed the people who introduced bitcoin to them. Im so lucky that my friend explained it very well how to earn and bitcoin works. 

[Eternad]

They got scam because they are trusting those people that they do not even know so easily. Also, because of their greediness about the money that they might get, they just accept the offers of others without even thinking what will be probably the effect of it to them if they are going to accept it. Decide carefully because scammers is everywhere.

There will be no bitcoin users victim if they will not let it happen to them, we are capable of understanding every info and to decide on our own, based on our understanding and our analysis. We should set parameters in identifying the projects ass well do diligently research to not waste our investment and time in scam projects.

[BeManga]

They got scam because they are trusting those people that they do not even know so easily. Also, because of their greediness about the money that they might get, they just accept the offers of others without even thinking what will be probably the effect of it to them if they are going to accept it. Decide carefully because scammers is everywhere.

There will be no bitcoin users victim if they will not let it happen to them, we are capable of understanding every info and to decide on our own, based on our understanding and our analysis. We should set parameters in identifying the projects ass well do diligently research to not waste our investment and time in scam projects.

i agree we really need to be careful and do a lot of research before investing.
this is one of the things newbie needs to do if they want to invest in crypto
but sometimes it's really hard to know which is legit and scam in crypto
if they will experience it just learn from it to avoid the same mistake.

[hermawan9416]

Scammers will always exist where you can earn. Therefore, you just need to follow a set of rules to reduce the risks.

[HarmonyA]

The scam around cryptocurrency is aiding it low acceptability. Some investors don't research,  they work with recommendations. This is the major hindrance to Bitcoin mainstream. Whether we like it or not, until the issue of scam within digital currency is addressed,  we will continue to hope for a better day uncertain.
The issue of scam should be addressed across all sectors ( promotional, contract creation etc)

[Asmonist]

That is really the greatest risk today. Its overwhelming and proud to think of how much bitcoin had been this far. However, there are people who take advantage of it. There's no really perfect in this world. But those imperfections are sometimes done by opportunists who are always planning to destroy good things and take it to there advantage. Hopefully the security and risks management teams of crypto will look solutions to these cases.

[KawBet]

Here's a good source to avoid scams https://bitcoin.org/en/scams

[cotton ball]

That is really the greatest risk today. Its overwhelming and proud to think of how much bitcoin had been this far. However, there are people who take advantage of it. There's no really perfect in this world. But those imperfections are sometimes done by opportunists who are always planning to destroy good things and take it to there advantage. Hopefully the security and risks management teams of crypto will look solutions to these cases.

Bitcoin is risk investment when not ready and not enough knowledge you can loss much money in bitcoin investment, but when many investor have know about when have to trade and invest their coin they will understand about how to get profit with bitcoin and altcoin investment, just keep reading and update many information to know when bitcoin price going on?

[AniviaBtc]

That's why people should be aware that they need to study the projects before investing, they need to know what they should know in every projects, but many are too greedy and bitcoin been used by scammers, they just might shows some proof that makes the new users intrigue and wanted to join since they show some proof or edited proof. Bitcoinis just used as medium and its hard to eliminate people who only know is to scam others.

many people will trust to someone easily, so they can get scam. when they get it, they will say that bitcoin is scam.
knowing what will you do is important than other. you must be know about what is investment, who people that bring you, and other thing that relate with it. sad if someone say that bitcoin is scam without knowing about bitcoin exactly.

It is partly the fault of the people who were scammed. Everything is provided in the internet. Google knows everything. They could have spent at least an hour over there and realize that what they are getting into is not true. There are already so many stories of victims being posted online. Many people who got victimized by scams claiming they have connection to Bitcoin or cryptocurrency either as a trader or as an investor are those who are just thinking of the promised return without flipping a page.

That's why don't you ever ever trust easily in bitcoin. You should know more first before engaging with cryptocurrency. Having a lot of knowledge and experience is important for you to know the do's and dont's in cryptocurrency.

Scammers are professionals in fooling people and take their money without even being caught by the internet society. They are expert in taking your money instantly and it is because of your cooperation. So in the first place, try not to have a transaction with a people with least personal information.