Why do people still fall victim to obvious scam?

[Inkdatar]

These happen to those people who are easily getting scam, lack of knowledge about crypto, and wanted to earn easy money or to grow their money. Mostly they are attractive to the profit that they can get once they joined those scammer people. This is why we must not easily fall this kind of bait and we should always make an assessment before we invest.

[bobyhodob]

These happen to those people who are easily getting scam, lack of knowledge about crypto, and wanted to earn easy money or to grow their money. Mostly they are attractive to the profit that they can get once they joined those scammer people. This is why we must not easily fall this kind of bait and we should always make an assessment before we invest.

Yea and those who are always the average victims are those who want to get money easily and quickly lol
hypi and ponzi will always follow those who have a greedy mentality and don't want to try working harder

[slashz9]

lack of knowledge might be the main cause if they know they won't be susceptible to scams, so no one can blame or you can't say why they are always scam.Yes because the scamer is targeting new people in crypto with their assumption that these beginners do not have much knowledge so it is easy to be incited / influenced.

[verita1]

I think it is due to naivety and greed.
I have read the article and it is really amazing how Bitcoin Scammers get away with it. Social media is not the best place to put your money at stake and less with supposed investment returns. You have to be cautious all the time. Easy money is not the best way to assert your money. All related operations should be checked and backed by their truthfulness.
I love twitter because I feel informed about my environment but when I follow someone with an interest in crypto I am always cautious. Fortunately, all of my experiences have been positive.
I always try to do a good job to protect my cryptos and being careful with trader operations.

[b1k4ng]

those who still believe things like this in my opinion are fools or don't know much about crypto, don't ever believe in the offer of social media and stay alert

[SheriffEl]

New people join the crypto world every day. I believe that most new people tend to get scammed. Experience traders and crypto enthusiasts usually know which people and projects to avoid.

[luckyflop]

those who still believe things like this in my opinion are fools or don't know much about crypto, don't ever believe in the offer of social media and stay alert

They are not fools, maybe they lack knowledge about this market and they put too much faith in others. There are lots of scams in this market every day, and we can't control and stop them all. If people do not want to be scammed, it is best not to follow the advice and do not invest in any altcoin in this market, just buy BTC and hold

[biddicoin]

It is not only applicable to new one only , now scammer are targeting experienced individual as well . Those who are new to crypto are easy target because of their greed to instant double their money or get free money. Experience individuals are also getting targeted by well planned ico and website which look genuine.

yes scammer target experience people to expand. so they would get more result
but, ofc it will be harder to lie experience people, bcz they already had lesson, knowledge

they need better strategy to do it
as long as they would improve their strategy, we have to do same to avoid these scams

[bohr]

It's a very sad moment when we're hearing victims crying and lately found that the good deal they've found is a scam. Everybody should also inform the others that they are not just on twitter anymore but they're also living in almost every social media platform there. The newest now is the giveaway that they do through livestream on youtube channels with making their channel names look like the real one. So be careful and don't be the one that will be affected by those scams.

After all these well publicized scams, if people continue to pour their hard earned money in to the scam projects, then I have to say that it is their fault. Lack of experience and greed by the investors are the reasons why they get scammed so easily. Hopefully after getting scammed one or two times, they will learn the lesson the hard way and may become careful in the future.

It is true they are responsible for what it is happening to them but most people are incredibly gullible, and for that reason governments have very specific rules about investing in high risk projects but in this decentralized market you can invest as long as you have a little bit of money in your wallet, and it does not matter how much we warn people that what they are seeing in front of them is not the opportunity to become rich but another scam, they are not going to listen.

[thottum]

Why do people still fall victims to obvious scams? Especially on twitter people are still sending bitcoin to traders, no one is a perfect trader, do not send bitcoin or other coins to people to trade for you, its stupid and foolish idea

Today a bitcoin trader on twitter exit scam and delete all traces off social media, i heard its about 53bitcoin, here is the link to the news

https://coinnewstelegraph.com/bitmex-bitcoin-fund-manager-exit-scams-before-christmas/

Pls stop, there is no such thing as easy money, its either you learn or you quit or else you will keep losing money

This is another kind of HYIP (High yield investing) which once created lot of Fomo in this space. All targets the new comers i dont know how people sending money to unknown by just trust which they usually don't do with the Offline folks. Sometimes these kind of people pay for some days to attract more people.

[Aikidoka]

People should be careful from scamming because nowadays the scam methods are huge and people can be easily got scammed because scammers are getting smarter as well. To be safe, you need to just save your private keys and the most important documents offline, I mean like an external hard drive or just flash disk.

[mamedesign]

Because of urgent needs, hurry and greedy lust.  Be tempted by bessr offers but make you forget to think that is the consequence that can make people get hit by a scam from someone or a project.

[SolarWindMiningCompany]

Because of urgent needs, hurry and greedy lust.  Be tempted by bessr offers but make you forget to think that is the consequence that can make people get hit by a scam from someone or a project.

An economist once said, that human wants is insatiable. Wants fueled by greed. That's is the major reason why people fall easily to scam. If you are contented, them maybe, you can look before your leap before investing in any venture.

Secondly, bad reading culture. This is a crucial problem too. Knowledge begets wisdom

[Starfranko]

The average human being is gullible and falls victims to frauds most time. In essence our gullibility is what galvanizes our predilections to scams

[MWesterweele]

It's a very sad moment when we hear the victims crying and the good deal they've found is a scam lately. Everyone should also remind others that they are no longer just on twitter, but that they also live there on virtually every social media platform. The newest is the giveaway they do on youtube channels through livestream to make their channel names look like the real one. So be careful not to be the one that is going to be affected by these scams.

We should be aware in everything we are prone to many scams since bitcoin and altcoin is a good investment and asset, that is why many people want to scam others also, they want an easy money and scammers want your money. We should be vigilant so that we would be a victim. Being a victim once, is okay but being victim again is not healthy.

[Ayiranorea]

Because of urgent needs, hurry and greedy lust.  Be tempted by bessr offers but make you forget to think that is the consequence that can make people get hit by a scam from someone or a project.

An economist once said, that human wants is insatiable. Wants fueled by greed. That's is the major reason why people fall easily to scam. If you are contented, them maybe, you can look before your leap before investing in any venture.

Secondly, bad reading culture. This is a crucial problem too. Knowledge begets wisdom

In most of the investment based things people easily gets scammed out of greed. To overcome this greed the only possible way is the experience gained. The experience from one project will remind them to read, understand and take right decisions on investing. Before getting such bad experience even if we go and explain the reality they'll find bad about us. Sometimes might feel that we're stopping their growth which is all because of human mind.

[SlimShadyMmp]

Well this most be very new guys to Crypto I mean if you have been here all this while and getting engage in the community am sure such acts will be avoided by you Best thing to learn about Crypto is learn the market and then do it carefully judging each move you make not to go too high and not so small

[ajiz138]

-snip~The only way to solve this is with improved education—but that's very difficult considering the industry has no centralized force behind it.

But new investors now only want to receive profits instantly without prioritizing broader knowledge about how to invest in crypto properly.
they only rely on free or paid signal channels, which makes them lazy to learn it thoroughly.

[Wipeout2097]

Greed is big curse and people attract from it,At the end declared victim of scams. Should believe in personal skills and follow the process,Avoid to participate scam platform to invest or anther purpose.Scam projects will offer attractive commission and ROI,Hierarchy of scam project will not clear who is responsible for the related problem.

If find these in any project must go away and also aware your circle to safe from scam.

[muksal]

Why do people still fall victims to obvious scams? Especially on twitter people are still sending bitcoin to traders, no one is a perfect trader, do not send bitcoin or other coins to people to trade for you, its stupid and foolish idea

Today a bitcoin trader on twitter exit scam and delete all traces off social media, i heard its about 53bitcoin, here is the link to the news

https://coinnewstelegraph.com/bitmex-bitcoin-fund-manager-exit-scams-before-christmas/

Pls stop, there is no such thing as easy money, its either you learn or you quit or else you will keep losing money

in my opinion a lot of people have lost their money because they don't want to learn something they want to do in detail so they are very easy to become victims of fraud. knowledge is very important in undergoing cryptocurency because many scammers are easily able to deceive their victims in many ways so much needed knowledge from various sources about the world of cryptocurency.