No social media is safe

[worle1bm]

You can't trust the persons you have met online and most of the scams are through these platforms.The people fall for them in greed or any other way but regret later on.Use these social platforms for your knowledge and avoid contacting with unknown persons who demand money from you.The security steps should be taken with care to protect yourself.

[traderethereum]

Social media is now a place to find new targets to be scammed and social media is not a comfortable place to chat about business, especially with people you just met.
If he has started pointing you towards something you don't already know, it's best to take some time to learn it and if you find it strange, you shouldn't continue to be friends with him.
We have to be more careful on social media because we really don't know who really wants to help us or just wants to trick us.
If it's about money, just say that you don't have money and you don't work at all.

[Finestream]

Re: No social media is safe

No social media is safe.. because these types of scams are mostly spread through social media sites in the first place. And scammers will find more and more enticing ways to find victims; so the only real solution here is to think realistically and in a non-delusional manner.

"if it's too good to be true, it probably is."

Scamming is very rampant in social media and if you play like you can easily trust even strangers, that's when they start seeing you as a new target. The moment that you were asked to put more money on your investment, that's already a red flag. You should not be investing in the first place if you think that you lack knowledge in it. Be more realistic. Everything is earned through hard work, and if that person has promised you for a huge return in an instant, its clearly one way of deceiving you. No one gets to earn without no effort made.

[Monochroic]

I agree! There are so many scammers that will make you feel like they are the most genuine people in the market. Honestly, I avoid talking with traders. All traders/investors should be aware of the common scams people do on social media.

[LogitechMouse]

Social media is safe in some ways.
What isn't safe is to have a conversation with a complete stranger and trying to invest into his project or scam or whatever it is called.
What isn't safe is to just invest your money without proper research.
What isn't safe is to just interact with some random stranger out there and you falling into his alluring sales talk and invested into what he is saying.

That isn't safe. Social media is still safe if we are talking about investing because in the end, you are the one who will decide whether you will invest or not. You can prevent yourself from getting scammed if you will not interact with strangers. You can prevent getting scammed if you know which are scam and which are not. You can prevent getting scammed if it's too good to be true already.

[xSkylarx]

Re: No social media is safe

No social media is safe.. because these types of scams are mostly spread through social media sites in the first place. And scammers will find more and more enticing ways to find victims; so the only real solution here is to think realistically and in a non-delusional manner.

"if it's too good to be true, it probably is."

Anything is not safe in cyberspace. Most scammers will target those high audiences like social media and other platforms since there are many people on it, and they can find the target easily. I can't imagine scammers nowadays exert a lot of effort like it is their job to scam you. They will spend time and a lot of flowering words to scam you, and still, some people are not made aware of this modus. When someone tries to ask you to invest in it, and your money will be back in a small period of time without any effort, then you should be cautious and have a background check on it.

[Taskford]

Re: No social media is safe

No social media is safe.. because these types of scams are mostly spread through social media sites in the first place. And scammers will find more and more enticing ways to find victims; so the only real solution here is to think realistically and in a non-delusional manner.

"if it's too good to be true, it probably is."

Anything is not safe in cyberspace. Most scammers will target those high audiences like social media and other platforms since there are many people on it, and they can find the target easily. I can't imagine scammers nowadays exert a lot of effort like it is their job to scam you. They will spend time and a lot of flowering words to scam you, and still, some people are not made aware of this modus. When someone tries to ask you to invest in it, and your money will be back in a small period of time without any effort, then you should be cautious and have a background check on it.

One of few reasons why we need to put more detailed information on our social media handles since it can be a good indicator to them that you are a nice target. So better stay low key and always use social media as your means of communication so that you can avoid to get scam or getting any harm by people who always do crime using the modern tech nowadays.

[Renampun]

I agree! There are so many scammers that will make you feel like they are the most genuine people in the market. Honestly, I avoid talking with traders. All traders/investors should be aware of the common scams people do on social media.

I always remember a sentence from a book > "truly successful people don't easily tell their secrets", like MLM members or Ponzi scammers, they lure other people with sweet promises and future success which is all just a fantasy. always suspicious of people who suddenly become friendly with you on social media, even if it's your sibling (sibling you haven't been in touch with for a long time).

[Shamm]

Re: No social media is safe

No social media is safe.. because these types of scams are mostly spread through social media sites in the first place. And scammers will find more and more enticing ways to find victims; so the only real solution here is to think realistically and in a non-delusional manner.

"if it's too good to be true, it probably is."

Anything is not safe in cyberspace. Most scammers will target those high audiences like social media and other platforms since there are many people on it, and they can find the target easily. I can't imagine scammers nowadays exert a lot of effort like it is their job to scam you. They will spend time and a lot of flowering words to scam you, and still, some people are not made aware of this modus. When someone tries to ask you to invest in it, and your money will be back in a small period of time without any effort, then you should be cautious and have a background check on it.

One of few reasons why we need to put more detailed information on our social media handles since it can be a good indicator to them that you are a nice target. So better stay low key and always use social media as your means of communication so that you can avoid to get scam or getting any harm by people who always do crime using the modern tech nowadays.

Social media has advantages and disadvantages but in the world of crypto there are many scammers out there trying their best, working 24 hours in order to find a victims using social media platforms and we should be aware with this kind of people. And you are right this mate staying in low key has a low percentage to be scammed because the more you put an private information on public the more the high percentage of being scammed.

[Cryptomultiplier]

The point where social media becomes unsafe is when the principle of its existence has been ignored. That is, beyond using instagram, Facebook, tiktok do the purpose it was designed for, seeking other use for it is what attracts interests we often do not need. Like someone suddenly starts chatting with you because you liked a page or made a comment to show how rich one is, is clearly red flags to the way it was intended for use.
Private and family photos are often times discouraged, location information and other personal details with which one can be blackmailed or followed around with is a no-no for social media. Most importantly of all is making new friends on line. Not every one is a friend online. Some are just spies and we are to be careful too.

[Taskford]

Re: No social media is safe

No social media is safe.. because these types of scams are mostly spread through social media sites in the first place. And scammers will find more and more enticing ways to find victims; so the only real solution here is to think realistically and in a non-delusional manner.

"if it's too good to be true, it probably is."

Anything is not safe in cyberspace. Most scammers will target those high audiences like social media and other platforms since there are many people on it, and they can find the target easily. I can't imagine scammers nowadays exert a lot of effort like it is their job to scam you. They will spend time and a lot of flowering words to scam you, and still, some people are not made aware of this modus. When someone tries to ask you to invest in it, and your money will be back in a small period of time without any effort, then you should be cautious and have a background check on it.

One of few reasons why we need to put more detailed information on our social media handles since it can be a good indicator to them that you are a nice target. So better stay low key and always use social media as your means of communication so that you can avoid to get scam or getting any harm by people who always do crime using the modern tech nowadays.

Social media has advantages and disadvantages but in the world of crypto there are many scammers out there trying their best, working 24 hours in order to find a victims using social media platforms and we should be aware with this kind of people. And you are right this mate staying in low key has a low percentage to be scammed because the more you put an private information on public the more the high percentage of being scammed.

The advantage of it you use social media on business for sure you can spread out your products by just multiple posting it on different groups or in marketplace. But if you are posting to much information like flexing your status,where you are and wealth maybe this will lead you to danger so best to stay low key if you don't have running business using social media to avoid any harm.

[lalabotax]

The point where social media becomes unsafe is when the principle of its existence has been ignored. That is, beyond using instagram, Facebook, tiktok do the purpose it was designed for, seeking other use for it is what attracts interests we often do not need.

Indeed, we must use social media wisely and limit what can be shared and what cannot. This principle cannot be ignored. Because, social media can be accessed by people from anywhere, and life on social media is virtual life, not real. A person can disguise himself as someone else, with other characteristics. And many swindlers pretend to be nice, to be helpers. Because of this, we must have boundaries, especially when meeting new people, and never trust new people, especially those who offer ways of investing and trading on a platform. Social media always has positive ad negative sides, that is why we must also be smarter, wiser, and more careful in any action.

[Razmirraz]

Before you sign up does he redirect you to a specific URL similar to the Binance site.?
Social media is a nesting place for scammers, most of the scams come from there. Don't easily trust anyone you just know, especially when it comes to finances. The way he persuaded him to invest more money seemed coercive, Your doubts and bad feelings have saved you from a bigger loss.

Next time watch out for the kind attitude of people you just meet on social media because they could be "weasel in sheep's clothing". If there is something you want to know you can ask here, the Seniors will be happy to help answer your questions.

[libert19]

Wow, have read about this scam but first time came to read whole story.  sorry for your loss, hope you can move on.

[cheezcarls]

In other words, we need to do our due diligence and use common sense. Learn how to have a second thought mentality rather than just simply believing on what your “fake friend” has offered you.

Also learn how to always double, triple or multiple check the links and social media handles that were shared to you to see if they are legit or not. In my case when a scammer attempts to scam me with his ridiculous post trying to collaborate with me, I usually go to the official Discord or Telegram to verify it to the admins if this guy is indeed working with them or not.

If yes, then we continue the collaboration. If not, I’ll automatically block that person.

[Adbitco]

Do you what happened to you?
You were much desperate to make an earning from unknown person after much advices from various thread how scammers do use to scam people in various social media. I won't lay any blame to the scammer but you because i believe belonging to this forum could make you much wiser instead of just being scammed, then i have received lot of pm and messages from many social to invest with them most especially Telegram this sets of people are very common on TG after you were being scammed they will immediately changed their telegram username to what i don't know before you knew it they block and runaway.
To be at safer side, whenever you receive an investment messages just block them instantly otherwise you could be convinced to invest with them without knowing they are fake and scammers.

[AakZaki]

Some people like the OP might be very happy to get a message that he got a very big gift, but from someone he never knew. this is because of their ignorance of the scammer's methods to trap the victim and the victim is very easy to be tricked and tricked into doing the given task.
Trying to be on the safe side of course must know what the scammer's methods are and not trust unknown people who give gifts or give massive discounts on offered investments.

[kawetsriyanto]

In other words, we need to do our due diligence and use common sense. Learn how to have a second thought mentality rather than just simply believing on what your “fake friend” has offered you.

I really like these words "...second thought mentality..."
This is really important to apply in everything, especially in making friends with strangers in cyberspace. Because we will not really know the person, even if we have met and made friends in the real world, we don't have to trust him 100%. This second-thought mentality is important so that we want to think logically, think twice, and always cross-check before taking or deciding an action or decision. because regret will only be at the end and usually we can not repeat it. This kind of thing basically becomes our basis in real life, don't trust anyone 100%, especially people we know through cyberspace.

[Myleschetty]

In other words, we need to do our due diligence and use common sense. Learn how to have a second thought mentality rather than just simply believing on what your “fake friend” has offered you.

From what the OP, said I think common sense is what is most important for the OP have totally trust the person after he has introduced him to crypto, Binance which is the most trusted exchange.
If the OP use common sense, he would have asked himself the right question which will make him stop depositing another fund into the scam platform since crypto is never a quick rich scheme.

[Peanutswar]

There are a lot of people trying to scam in different ways that's it is just okay if you exchange ideas because by that you got enlightened about the things needed in cryptocurrency but of course don't become dependent only to him, make your own research platform you trying to use and invest if they are safe, reality thing only few people would like to help without exchange or get something into you, I guess this will serves as lesson to your cryptocurrency progress.