Beware of Crypto Scams !

[GeorgeJohn]

If I have 3 apples 1$ each if I gave one free and charge 2$ from 2nd person and 3$ from 3rd person and 2nd person feeling like my apple value is 3$ yay isn't it a scam?

See, different people have different dimensions of marketing structure or strategies to market their products, i might give my one (1) apple out for free and have the totality or aggregates of nine (9) left, while if i sum the apples both the one i gave out and the remaining i will realize ten dollars ($10) so for one to be dashed out for free i have to change the price of the apples for $1.2 each while the initial price was $1. in order to recover the one for free, i used this illustration because of your explanation with apple and it seems as ordinary transaction business... But in a situation whereby cryptocurrency is involved which is digital currency selling in such way might be tagged as a scam if your client notice.

[1714679298]

1714679298

[1714679298]

1714679298

[1714679298]

1714679298

[unclelucky]

Yes it is very important to be careful because scammers are very where so you are have to know people you fellow to avoid been scamed.

[Pmalek]

That's not entirely accurate most (if not all) projects these days do give out freecoins every now and then for marketing purposes...

Let me correct that for you. Most unlisted ICO, IEO, or whatever the newest project trend is give out free coins in the form of airdrops. You don't see established coins do that. Are there official Bitcoin, Ethereum, Litecoin, Cardano, Solana giveaways that we should know about?   

and besides how is it scam if the airdrop is free aka no deposit is required to receive it ?

Airdrops and giveaways are no longer free. They require you to perform certain social media tasks. They are represented as free but they are more of a bounty.

An airdrop can have a malicious smart contract that steals your valuable tokens from your address. It could be pointing to an address where you are asked to perform a verification, download an app, and similar things. One trick that is being used is that a fake MetaMask pops up asking you to update your MetaMask. If you do, you install malware on your device.

Another way to trick the user is when he attempts to swap the airdropped tokens for some other asset. MetaMask pops up asking to confirm the transaction. What it actually does is it asks your permission to transfer a different valuable asset from your account. If you aren't careful and don't check and verify everything (and many people are too lazy to do that), you might give the required permissions and have your tokens stolen.

Not to mention that people are still falling for the "enter your seed phrase in this form for whatever reason" type of scams. 

[touseefahmad1999]

Obviously many newbie become the trapes of this kind of scams and loose your money with a mistake. Everywhere you have to see where scammer will contact you I. Personal message like what's app , telegram , in airdrops etc they have confens to you they will double your money but that is totally wrong they just steal your money or nothing

[BITCOIN4X]

Obviously many newbie become the trapes of this kind of scams and loose your money with a mistake. Everywhere you have to see where scammer will contact you I. Personal message like what's app , telegram , in airdrops etc they have confens to you they will double your money but that is totally wrong they just steal your money or nothing

One of the worst things I've ever seen is that people don't care about their financial privacy. I found some people on facebook proud enough to share proof of their profit results in trading and investing. This is the worst choice ever made if you care about financial privacy.

Scammers will know a lot about these people and will launch an attack once all the data is collected. Blackmail and threats are one of the most common for this type of person, and I think it's something to avoid when you own crypto. Silence is much better if it's about how much money you have, your wealth is a private consumption that you shouldn't share on social media.

[examplens]

One of the worst things I've ever seen is that people don't care about their financial privacy. I found some people on facebook proud enough to share proof of their profit results in trading and investing. This is the worst choice ever made if you care about financial privacy.

Scammers will know a lot about these people and will launch an attack once all the data is collected. Blackmail and threats are one of the most common for this type of person, and I think it's something to avoid when you own crypto. Silence is much better if it's about how much money you have, your wealth is a private consumption that you shouldn't share on social media.

I agree that silence is always desirable but...
Everyone knows that Ellon Musk has a lot of money and hold a big amount in Bitcoin. he has stated this himself several times, even the statement that he paid a huge amount of taxes. What do you think, whether he is the target of scammers or blackmail?
or he's just not naive to believe in various free gains from strangers on the internet.

[Ryker1]

Well, I appreciate your advice OP.
We should always be careful about crypto scams, they are everywhere waiting and looking at who will be their victim next. The word ^[FREE] is usually a common word that people prone to be scammed. It is something like a clickbait or a trap that once a newbie will try because upon reading there is a free, knowing the fact that it is a scam.

The content of the thread will help a lot for those who are new to this industry. They are easy to fool with someone else and I hope that they are here that can be fully oriented and are aware of the possible scams.

[isaac_clarke22]

~

Pretty sure that many would attempt to have a contact with him through any means necessary. Imagine if his email address was leaked and thousands of scammers and blackmailers would flood his inbox in a blink of an eye. In fact consider all the richest person following him like Jeff Bezos, though I am not sure if he holds a certain amount of Bitcoin.
I am also sure that these rich dudes don't really browse the internet that much to look for opportunities to earn even if it was legitimate. They'll just spend their time doing their stuffs or scrolling around Twitter.

[examplens]

~

Pretty sure that many would attempt to have a contact with him through any means necessary. Imagine if his email address was leaked and thousands of scammers and blackmailers would flood his inbox in a blink of an eye. In fact consider all the richest person following him like Jeff Bezos, though I am not sure if he holds a certain amount of Bitcoin.
I am also sure that these rich dudes don't really browse the internet that much to look for opportunities to earn even if it was legitimate. They'll just spend their time doing their stuffs or scrolling around Twitter.

there are no limits to what kind of phenomena there are on the internet.
I remember a few months ago, someone contacted me through Twitter asking for advice (he did not ask for money from me), how to contact Ellon Musk to ask for some donation from him. He needs money to renovate his house in Greece.
I just can imagine what offers and suggestions he ^Musk received every day.

[GeorgeJohn]

Obviously many newbie become the trapes of this kind of scams and loose your money with a mistake. Everywhere you have to see where scammer will contact you I. Personal message like what's app , telegram , in airdrops etc they have confens to you they will double your money but that is totally wrong they just steal your money or nothing

be aware that newbies or beginner in the forum is not a beginner in the brain and in cryptocurrency, because some people here have versatile Bitcoin knowledge compendium before coming to the community, but I think their smarter than a green snake, so therefore it's not a newbies that can be easily scammed, everyone is equal to the task and nobody is above victim of scam, even you can be scam with what you want or in need of.

[TheNineClub]

And please please, if you are new, check the scams and acusitions part of this forum. Members have been collecting data for years, don't let it go to waste. I know there's merit to leqrning on your own mistakes, but not everyrhing has to be tested on your own skin.

[lovesmayfamilis]

And please please, if you are new, check the scams and acusitions part of this forum. Members have been collecting data for years, don't let it go to waste. I know there's merit to leqrning on your own mistakes, but not everyrhing has to be tested on your own skin.

I agree. Learning from your mistakes is quite a difficult experience, both psychologically and mentally and physically.
Losing something regularly, many may simply cool off and stop trying. The same thing has already happened to someone, and they have described how to prevent it from happening again.
A proverb states that the wise learn from the mistakes of others, while the foolish learn from their own.
Therefore, do not make yourself think of yourself as a self-confident fool who is confident only in his knowledge and neglects the advice of others. 

[isaac_clarke22]

~

Loved that last line lol. Not surprised that people are finding ways to contact that dude, like no one would give that literally away by any means.
Pretty sure he is not just ^Elon doing these kind of stuffs everyday.