Why do people still fall victim to obvious scam?

[Insomnia family]

As an investor in crypto, you really should learn how to do some research before investing in any project. Even though that's what always leads to greed. Don't feel sorry for those who think crypto is a ponzi scheme, especially new users need to realize that making money in crypto is not easy.

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[lienfaye]

As an investor in crypto, you really should learn how to do some research before investing in any project. Even though that's what always leads to greed. Don't feel sorry for those who think crypto is a ponzi scheme, especially new users need to realize that making money in crypto is not easy.

People will only learn if they already experience to lose their money due to wrong decision and for not thinking carefully before investing.

Its a human nature to become greedy however we know its not appropriate and can lead us to losing our money for aiming a huge earnings in a short period of time.

[michjoe93]

It is always greedy people that are victims of scams because they want an easy money or they want to double their asset overnight.

[Freescan]

mainly because of greed, I have observed that there are many out there who are in a hurry to make a lot of money in a short amount of time. while con artists use the opportunity as a means of deception such as offering high rewards. I think it should be remembered that crypto is not an overnight get rich scheme. avoid tempting offers.

[NoG-NoG]

I think it is mainly all about these victims want to have an easy money and earning which turns out that they lost in the process due to they trusted so much which were took advantages by scammers and con artists.

[deathcode]

I think it is mainly all about these victims want to have an easy money and earning which turns out that they lost in the process due to they trusted so much which were took advantages by scammers and con artists.

without anything convincing from the project, of course, new people will not be gullible like that to put their money on a scam project. believe me, nowadays people are smarter and more careful in choosing projects.

[jdnthny]

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

I think those victims are wanting to earn more and gain double or triple profits by participating or investing a what they think a good project to invest with and entrusted all their faith and money and one main factor also is that they tend to have a greedy mentality that made them fall into the trap of scammers.

[darkphoenix2610]

Most people who got scammed by this kind of scheme are those who are new in the crypto industry, but some old people in the crypto industry still got scammed because they are still hoping for easy money with huge returns. This kind of scheme easily attracts the greedy one's.

These scams that scam newcommers does NOT give a good first impression to new people getting started with investing in crypto, and worse they will tell their friends that they got scammed. This in turn will put some people away from getting into cryptocurrencies in general, that's not a good thing.

Well, you are right because of these schemes that scammed new people in the crypto industry marked a bad impression on the whole crypto world. And worse is when they heard about Bitcoin or anything about crypto they accused it right away as a scam. So I think best if we can see new comers let us help to educate them about crypto to avoid getting scammed. And in such way we can spread the good news about crypto.

[Jeger.Kiting]

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

I think those victims are wanting to earn more and gain double or triple profits by participating or investing a what they think a good project to invest with and entrusted all their faith and money and one main factor also is that they tend to have a greedy mentality that made them fall into the trap of scammers.

I agree with you, that they have the greed factor who wants to get more of their income than before, and also sometimes they are lazy to read which causes ignorance of the project and ends up getting caught up in fraudulent projects, that's what at this time very many people are deceived with fraudulent projects, because the promises given are very tantalizing, the point is that he always reads first and knows more about new projects because current projects are very difficult to guess, whether the project promises or makes a loss in our finances. ..

[jajorforce]

It is always greedy people that are victims of scams because they want an easy money or they want to double their asset overnight.

Yes, but if we judge greedy people only by wanting money easily, then there will be a lot of greedy people in crypto, because the average person who is in crypto wants to make money, easy or difficult matters with a certain duration of time I think it is only influenced by the knowledge they already have for now.

Investors start to believe any projects to make easy money, that's the problem. Later these greedy people hate cryptocurrency instead hate scammer and wrong research. To stay away from scam projects, buy only top exchange listed coins or 4-5 new projects in a year. Here I didn't find any greedy work.

[Pithaxz]

Usually this happens to new people or new users in the cryptocurrency industry. In fact, I was one of them when I first joined the crypto space. yes at least this can be used as an experience. therefore I say this based on lack of knowledge and lack of research.

[Jack_Sin]

Usually this happens to new people or new users in the cryptocurrency industry. In fact, I was one of them when I first joined the crypto space. yes at least this can be used as an experience. therefore I say this based on lack of knowledge and lack of research.

New users to the crypto space do not have basic knowledge and research, we have to guide them to provide a basic crypto experience so that they know the potential of a project and can distinguish between legitimate and scam projects with a simple analysis.

[zaim7413]

Usually this happens to new people or new users in the cryptocurrency industry. In fact, I was one of them when I first joined the crypto space. yes at least this can be used as an experience. therefore I say this based on lack of knowledge and lack of research.

Yes, obviously things like that often happen to new users in the crypto space, because basically they don't have much experience and knowledge of the conditions of the crypto space, so they are prone to missteps when starting out.

[Etoasiatsxxx]

Most of the victims are newbies who know nothing about cryptocurrency and people who want to earn big and they want easy money that's why many people or investors fall for it.

[EmmaGod]

It's rather unfortunate that most people are gullible. Some methods deployed by this scammers are obviously very risky, and unbelievable but people still fall victims. I believe it's because of the fake testimonies they see on the threads of the mischievous Scammers. We all need to be careful, because the space is getting riskier by the day.

[Zemomtum]

The greedy will always fall victim. Most often, when you are looking for shortcut, you will be cut short, save your capital and grow it steadily without this kind of huge risk of promise and fail

[simpelplan]

people are prone to fraud because they are greedy and want to get rich quick in this market. They think they can still make money as easily as they did in 2017. I see a lot of new people in this market in the same situation. always interested in big prizes and not based on prior research.

[iTradeChips]

It's rather unfortunate that most people are gullible. Some methods deployed by this scammers are obviously very risky, and unbelievable but people still fall victims. I believe it's because of the fake testimonies they see on the threads of the mischievous Scammers. We all need to be careful, because the space is getting riskier by the day.

Add insult to injury, the fact that most of these scams are designed to capture the hearts and minds of the victims, with good imagery, well made marketing tools, sales persons who are there to shower the victims with good things about the project, that they cannot say no and will be able to get money from them.

[AlexAtom]

Because they thought they will get some profit by using other trader's service.
Indeed there are some services like that, we can invest on the project which trades on the market.
But there are many scam trading services as well, they just want to get our money and run.

[ARTCOINSLV]

Maybe already wrote, the reason is greed, easy and fast money.
Nobody wants to work their whole life.