Why do people still fall victim to obvious scam?

[alexsandria]

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 sums it up the idea. I have been onced fooled by such scheme. Persuading it is, I was totally convinced to since I just got small money left in money, and I don't have any kind of job for me to earn some. I invest, hoping for some quick and fair return, it just take 2 days and then the site went off. I was then, why did this happened to me. And I began to realize that there are no such thing like easy money because we have to work for us earn, harder for more decent income.

[meliodas]

Simply because scam projects are offering too good to be true rewards that attract more victims and investors. Lack of knowledge and having the desire to earn more are also some of the reasons why people easily fall for this kind of trap. If we have the knowledge and wisdom on how to get rid of these scams, we will not fall for scammers trap.

I agree with that. The too good to be true offers of the projects around that made the people in the market greedy. We all know that the greediness is the root for the victims to get scammed and that is what they should fix in themselves. They should learn to control their emotion so even they saw a too good to be true then they can calm themselves and think it about a few times if they are going to get in or not.

[poodle63]

Simply because scam projects are offering too good to be true rewards that attract more victims and investors. Lack of knowledge and having the desire to earn more are also some of the reasons why people easily fall for this kind of trap. If we have the knowledge and wisdom on how to get rid of these scams, we will not fall for scammers trap.

Sometimes, there some people that have enough knowledge about this still join in the scam project to bet on it even it's just a small amounts of money. The newbies just follow the experts and shillers that already spread various massage anywhere.
as long as we are learning from our past experience and we will fine.

[tianglistrik]

Simply because scam projects are offering too good to be true rewards that attract more victims and investors. Lack of knowledge and having the desire to earn more are also some of the reasons why people easily fall for this kind of trap. If we have the knowledge and wisdom on how to get rid of these scams, we will not fall for scammers trap.

Sometimes, there some people that have enough knowledge about this still join in the scam project to bet on it even it's just a small amounts of money. The newbies just follow the experts and shillers that already spread various massage anywhere.
as long as we are learning from our past experience and we will fine.

sometimes there must be people who have a lot of experience but are betting on projects that have a big risk but they don't use a lot of money, I once did that when the hyip project was still hanging around. and since i didn't get anything i've really stayed away from it and don't want to try things that have a high risk

[DarkDays]

who can be deceived are people who are only concerned with profit and can be easily deceived. Edukas they have about bitcoin and the world of cryptocurrency is still lacking.
fraudsters will use them and drain their money easily.
many people have been deceived by investments that provide various kinds of benefits and discounted prices, but all of it is a lie and just a trickster's trickster.

Not only that, but people operating under time pressure are also easily deceived, since they don't have the time necessary to properly weigh up the risks.

However, it typically comes down to a lack of experience and education on the matter. There are a huge number of retail investors who make their way into the space with absolutely no prior investment experience.

These people typically haven't been exposed to the wild west that is the internet, which means they're not familiar with the huge trove of potential scams out there.

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

[DabsPoorVersion]

Simply because scam projects are offering too good to be true rewards that attract more victims and investors. Lack of knowledge and having the desire to earn more are also some of the reasons why people easily fall for this kind of trap. If we have the knowledge and wisdom on how to get rid of these scams, we will not fall for scammers trap.

I agree with that. The too good to be true offers of the projects around that made the people in the market greedy. We all know that the greediness is the root for the victims to get scammed and that is what they should fix in themselves. They should learn to control their emotion so even they saw a too good to be true then they can calm themselves and think it about a few times if they are going to get in or not.

That is something that is really hard to fix with our personality. Being greedy is already in the nature of a person, it is just we will learn through experience. But, this can be avoided if everyone will know especially the newbies if we will do more research and learning for ourselves.

[luppecuppe]

It's about people's psychological state. Because people want to make easy money. Bitcoin is perceived as the gateway to easy money. They ask someone for investment advice and then they lose their money. This can be conscious or unconscious. Everyone needs to raise themselves.

[Landak]

Simply because scam projects are offering too good to be true rewards that attract more victims and investors. Lack of knowledge and having the desire to earn more are also some of the reasons why people easily fall for this kind of trap. If we have the knowledge and wisdom on how to get rid of these scams, we will not fall for scammers trap.

Well right, this greedy nature is a problem for us all. imagine if we are not greedy, surely there will not be many people who are trapped and become victims of scams. And sometimes even though we already have knowledge, we can still be victimized by scammers. so I think the problem is greed and desire to get more and more.

[ven7net]

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

You say the right thing. People are really ready to give their BTC or other funds for quick profit, but as you indicated, they fall into the hands of scammers. I introduced training for a long time where I told you what you can do, what you can’t do, but most of them still run for free and fast money and, as a rule, lose all their money. Indeed, it is time to understand that there is no simple and easy income, especially in trading. If a trader knew how to trade successfully, he would simply trade himself and be rich and successful. Instead, he simply takes other people's funds and leaves with them. Be carefull!

[bohr]

I also do not understand why some people are easily fooled by the lure of big money with a fast time. I think this happened because they did not have enough knowledge about cryptocurrency and were easy to trust with others. whereas the principle in investing do not be easy to trust others. do your own research and analysis before investing in crypto. and I think nowadays fraudsters are also getting smarter, we must always be careful.

It is very easy to understand if you dig a little but deeper in the motivations of people, we all have a desire to get more stuff and be more wealthy but all of those that are deceived by obvious scams not only have that desire they want to obtain that money quickly and they do not want to work for it because they believe the world owes them that money and then they get scammed as a result of their lack of understanding of how any market works and the huge difficulty that it will entail to reach the results they are looking for.

[takingthis4]

A lot of them are not smart

[TinaK]

Two types of people are there in the crypto space who is the cap in their investment and services. one set of people were you busy and doesn't have good knowledge about cryptocurrencycurrency and their use the money because of that.
Next one are obvious fools who doesn't examine about the project and invest over there.

[Slingshot]

This is an urgky experience, best is for people to learn and do things on thier own than trusting people to avoid heartbreak..this is so pathetic but we have to be extremely careful on this space...what you don't know best is to ask than trusting that easily

[leatutz]

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 for those who's trust traders. I can't tell you which coins but never failed in trading, still I can't take my friends money to trade. Why you trust people when you can learn experience by your lose money. This is just an experience after that you could earn money during bullrun.

[heidikim]

Because people want to be cheated. Because people like to make easy money. There is no easy money in this market. An investment needs to be done for days. Making money is not simple. Bitcoin excites many people. I think we need to calm down. You should be smarter when investing.

[DosManos]

i really dont know.. i think that its a way to scam new comers
there are still people that use password 12345678
still doing many other newb mistakes
and will do the mistake of sending 1 ETH to get 2 ETH back =/
thats the way of life

[Ahimoth]

Basically, when a person has no proper awareness of what's going on with online society, they're more prone to scam. Their interest will be more eager to be part on different investments schemes without knowing the real motives behind the platform of whatever project is that. Regarless with the effect, these innocent people is always in danger of lossing a huge amount of funds.

[Kelvinid]

Because people want to be cheated. Because people like to make easy money. There is no easy money in this market. An investment needs to be done for days. Making money is not simple. Bitcoin excites many people. I think we need to calm down. You should be smarter when investing.

We can't simply twist their mind cause that is the way they look about crypto investment but unlikely, they suffer such losses by then in the end.
No one can be a scammer if nobody would let it happen. But the sad thing is that still a lot of individuals are letting it happen making a way that scamming won't stop.

[johant123]

Basically, when a person has no proper awareness of what's going on with online society, they're more prone to scam.

I think some people from developing countries are in this group. Maybe they see the online world still like we looked at it 10 years ago, but then with all the threats of today.

What if you are poor, and suddenly people promise you free money online? Wouldn't you be tempted to try that? Especially if you are uneducated about online dangers? Or if English is your third language, and you have limited understanding only?

[cryptoknightt]

those who are cheated are usually newbies who are new to crypto, are cheated by such things, hype, shitcoin and other types.
I think this is a process by which everyone who is new to the crisis will continue to continue, I hope that this can be changed by educating people about it, not to get stuck in the same thing again.