Why its easy for a new comer to get scam

[yazher]

In my early days in this industry, I got scammed too. in my case, it was a cloud mining site that promises to give you passive income if you invest in their so-called mining machine. The same year those kinds of scams are trending many investors who want to try their luck in investing in BTC often fell to that kind of scam. Thankfully, with the help of the others, they are all got busted and as you can see, no cloud mining company has managed to survive this far. only proving that none of those is a real investment platform to make some money with Bitcoins.

[Taskford]

In my early days in this industry, I got scammed too. in my case, it was a cloud mining site that promises to give you passive income if you invest in their so-called mining machine. The same year those kinds of scams are trending many investors who want to try their luck in investing in BTC often fell to that kind of scam. Thankfully, with the help of the others, they are all got busted and as you can see, no cloud mining company has managed to survive this far. only proving that none of those is a real investment platform to make some money with Bitcoins.

We all experience that since hyips are been much introduce on social media platforms and I been scam for that since I think those cloudmining sites are legit especially when they show some what they called live feed for their miners. But I think those kind of scams are lessen up these days since provably many people are been educated and can teach newbies to stay away on those platform and I actually notice the changes today compare to the other year.

[Baby Dragon]

Because they lack in knowledge on how to handle situation like scam attempt or joining HYIP scheme but will exit-scam after thsu gathered a lot of bitcoin and other altcoin. This is why some of new investor are backing out once the've been scammed aftef making a transaction of crypto loan.

And i think when creating a new account there should be a thread they need to read first before they will be able to be in outside again. And I've experienced getting scam for many times but i learna lot of from past experiences that can be used in the future about our life.

Newbies tend to trust and believe scammers fake promises, they get easily manipulated because they are not even analyzing the possible outcomes of their decisions and actions. Some of them chooses to disregard the advice and experiences of other people that can help and guide them on deciding which is the best for them, they don't even acquire from their own experiences that's why they always end up facing the same problem and having the same mistake. It's difficult to get rid of scammers particularly these days, you can't just trust someone's words without researching because you can't easily say people's true intention, you don't know how they mind works when it comes to money. There is a huge possibility that they will take advantage of you knowing that you don't have enough understanding on protecting and securing your own funds, they will used it against you and to deceive you so they can get the benefits they wanted.

[darkangel11]

Newbies don't want to learn. They don't want to read. All they want is do. It's the same with other things. You don't want to get a driver license but you want to drive right away. You don't want to risk money but you want to take profit. You don't want to go to school but want a good paid job.

With that attitude you will get burned trying to invest in a shitcoin, a ponzi scam, or trading with high leverage.

[nannu968]

Without proper investigations they invest their money for getting high profit.
Another tendency is newcomers want to make more profit in less effort.

[fortunecrypto]

Why mostly the victims of scam, are newbies?

When we saw a post of a person saying they got scam , what we always see is that they have no ideas what is crypto
they are always been the target of this people, if you have a friend that is new , give them an effort and educate them
specially if they don know anything, largely they has been the target of this culprits, taking advantage of their zero knowledge
and promising them of a big return, then suddenly this people disappear, here an article showing how to dodge a scam
https://www.thebalance.com/warning-signs-of-money-scams-315824 stay safe newbies, never trust anyone promising you
something that is too good to be true

Newbies can prevent this if they read and be very active here on this forum and on reading the latest news about Cryptocurrency, if only people will just read those threads on the scam section on Bitcointalk, many things will be avoided, because everything you want to know how these scammers scam people are posted here.

[Onuohakk]

People get scammed easily because of greed in them. It doesn't matter how ranked or influential you may be in cryptosphere. Once there's greediness in you, you can be easily deceived

[virasog]

In my early days in this industry, I got scammed too. in my case, it was a cloud mining site that promises to give you passive income if you invest in their so-called mining machine. The same year those kinds of scams are trending many investors who want to try their luck in investing in BTC often fell to that kind of scam. Thankfully, with the help of the others, they are all got busted and as you can see, no cloud mining company has managed to survive this far. only proving that none of those is a real investment platform to make some money with Bitcoins.

Cloud mining is still a scam. Except a few sites which gives very less ROI, the rest paying cloud mining sites will scam one day, so beware not to invest too much in those.
Rest Newbies think all the bitcoin investments and doubling methods are real one and they will get rich and hence they get trapped by the scammers.

[Findingnemo]

Because they are newbies,they don't have enough experience with investments on schemes so they trust random advertisements and ends up getting scammed but not only newbies even veterans also get trapped due to negligence.

Newbies should avoid plans like these:

1. Bitcoin doublers -  you can get your bitcoins doubled in a day or week.

2 Cloud mining

3. Deposit bonus - deposit 0.1BTC and get 1BTC in return.

Haha
I once got an email offering me 30% of my btc within 24hours and sadly enough, some newbies will fall for it easily.
This space is filled with lots of scammers, and until a final resolution has been put in place to curb all of that, a lot of scammers will still fall victim.

Scammers will never fade away as long as stupid greedy people who wanted to make money more easily.

One pro tip, making money is not that easy if it is then everyone will become a millionaire in few months.

[Malvika_sitlani]

Nowadays anyone can be scammed but newbies are scammed soon because before knowing anything they jump to conclusions and due to lack of knowledge regarding the project. Before joining any kind of project do your own research and make sure that you are on the right platform.

[Pmalek]

Newbies get scammed because they only think about the possible profits that they can make. Greed and stupidity in combination with a lack of common sense.
Stupidity not in the sense that they are idiots, but stupidity in the sense that they have no idea what crypto is. They have heard that it is possible to profit from it and that is all they see.
If you are cautious and believe that people will not give you anything for free, you will not become a victim to most of these scams.
Apply the same logic you use in real life to the online world and you will be safe. If a random person on the street asks you to show him your wallet because he wants to buy a new one and he wants to see the design, will you do it?

[coldhamjoel]

I do have lot of friends who already got scammed with crypto and everything and I am thankful that I am not getting scammed up to this date. I asked them all on what happened and IMO, the main reason that they got scammed is because they lack of knowledge on what's real and what's not. Like they were literally believing what someone is saying.

[JNvak]

It is so easy to get scammed in the cryptocurrency world, so it's good to stay wary. I often see that people expect to buy btc the cheapest and anonymous. Both statements are wrong. It's impossible to be completely anonymous or to buy btc completely for free... Do not trust this kind of websites. I also recommend to check this video, great content when it comes to cryptocurrency scams and safety in the crypto industry:https://www.youtube.com/watch?v=83JnxuUUJ5o

[Inkdatar]

I do have lot of friends who already got scammed with crypto and everything and I am thankful that I am not getting scammed up to this date. I asked them all on what happened and IMO, the main reason that they got scammed is because they lack of knowledge on what's real and what's not. Like they were literally believing what someone is saying.

I have heard this kind of scenario to one of my friend. It happens when he is a newbie in crypto he doesn't know anything. Lack of knowledge indeed that's why mostly got scam easily. They think that as a newbie it's easy to handle without knowing and learning the process in crypto.

[YOSHIE]

Why mostly the victims of scam, are newbies?

Many things that fraudsters can do, the softest target beginners get, with a lack of knowledge about cryptocurrency and investment sites offered by fraudsters.

With the amount of money promised by fraudsters, by carrying out instructions in cheating beginners.

The goal will have a psychological impact on beginners, there are dozens of methods that can be done.
For example:
1. direct communication.
2. The lure of rewards from very high yields on investment returns.
3. Trying to convince beginners as if the original identity is fake.
4. Be very professional.

In this case will make the beginner tempted, sangking tempted what is offered for beginners without thinking logically.

I can only suggest for beginners who are very minimal knowledge about cryoto, be careful in making decisions, on what is on offer.

[Maaz1]

In my opinion, the referral system is the main problem, new investors in the crypto field become the victim of it. Most the time Promotors will get their reward, but those new investors lose their money , as long as the referral system exists, this problem occurs, especially in new projects like airdrop.

[Pmalek]

It's impossible to be completely anonymous or to buy btc completely for free... Do not trust this kind of websites.

You can remain anonymous by never using centralized exchanges and using only decentralized exchanges. Using TOR and quality VPNs that don't keep logs. Never fill out any KYCs, mix your bitcoin to cover your tracks and don't reuse addresses. Anonymity is possible but it's not easy and not everyone can follow all the rules of the game.   

[noormcs5]

Well, not only newbies but also the experienced can get scam in crypto. Also if a newbie account post in bitcointalk and tell you about his story, it does not mean that he is newbie in the crypto world. He may be Newbie on this forum, but could be much older in cryto-currencies.

In addition, an alternate newbie account can be used to create such a theme by a legendary forum member. And this is because an experienced participant is ashamed to admit that he was deceived as a Newbie. I would have done the same in that case) But newbies suffer more because they know less about cryptocurrency.

Well there is nothing to be ashamed of, if you were scammed while you were a newbie in the crypto world and on this forum too. People do mistakes and more important they learn from it. Yeah, if you are again getting scam on the similar event, then you should be ashamed that you keep repeating the same mistake.

[Kimi80]

The most common reason of newbies' scamming is that they rush in that business almost blindly, but with big expectations. That's why they become victims in hands of big crypto fishes who earn their coins on scamming of such low educated people, I mean in the sense of cryptocurrencies.

[charlie137]

Project profile is too specific and hitech, plus you have huge lack or regulations globally. And one comes from another and current mess is pretty much understandable.