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Author Topic: The fruit of greed is never good,,  (Read 664 times)
Mr.corol (OP)
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February 28, 2023, 05:59:42 PM
 #1

Although I think such discussion should not be in the form. However, I shared the story of one of my friends being cheated.

A friend of mine invested some of his savings in Bitcoin. But unfortunately today his personal wallet got hacked. Balance 00. I was telling my friend how that . My friend said he gets a message on Telegram and gets greedy and enters the link they provide and connects his wallet. After a while he came and saw that his balance was zero.

"Sin of Covetousness and Death in Sin" Like my friend, none of you connect wallets by entering any bad links. No one will be deceived like my friend.
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February 28, 2023, 06:19:09 PM
 #2

A friend of mine invested some of his savings in Bitcoin. But unfortunately today his personal wallet got hacked. Balance 00.
Your friend's wallet wasn't hacked, they gave up access to a 2nd party by linking their wallet or giving out their private keys.
A hack would be a breach or a compromise on the system, this is a silly mistake.

This is the reason why I caution that newbies should not invest until they have gotten enough fundamental information about the assets and how to secure themselves, without this, they would get quickly lose their funds.

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February 28, 2023, 06:27:28 PM
 #3

A friend of mine invested some of his savings in Bitcoin. But unfortunately today his personal wallet got hacked. Balance 00. I was telling my friend how that . My friend said he gets a message on Telegram and gets greedy and enters the link they provide and connects his wallet. After a while he came and saw that his balance was zero.

Something is not right with this story. First, you mentioned that your friend had invested in Bitcoin, but later stated that he linked his wallet to a malicious website. However, from what I understand, Bitcoin wallets do not typically offer support for WEB3 or decentralized apps. So either your friend hasn't actually invested in Bitcoin or there is something missing in his story.

That being said, scammers are known to create fraudulent sites and apps that mimic legitimate ones in order to trick users into giving up their private keys or other sensitive information. So it is possible that your friend was tricked into giving up his private key by a fraudulent site. However, this is not something that would typically happen.

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February 28, 2023, 06:37:12 PM
 #4

In short, most likely your friend got phished by that link provided that it came from a random stranger on Telegram. Greed really will bring you nothing but will take everything from you. Your friend learned a lesson here, do we know how much we're talking about in here?
If it's quite big then certainly that's an expensive lesson for him to learn but I hope that it's not that much for the lesson that he has to learn that he should trust no one if it's coming from Telegram since it's a place for most scammers.

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February 28, 2023, 06:55:27 PM
 #5

Something is not right with this story. First, you mentioned that your friend had invested in Bitcoin, but later stated that he linked his wallet to a malicious website. However, from what I understand, Bitcoin wallets do not typically offer support for WEB3 or decentralized apps. So either your friend hasn't actually invested in Bitcoin or there is something missing in his story.
Although the credibility of the story is in check, the message is clear still that greed is dangerous and can make you loose all your investment if you are not cautious. It is an attribute not to be accommodated unless it can be met with strong thinking to ensure that the drive that greed brings does not make you make a wrong decision. The greed that most people have is what makes them more prone to becoming victims to scammers who know how to always entice and lure these people.

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February 28, 2023, 06:59:59 PM
 #6

Why friend and is that too greedy, does he really know the message from the telegram or is it just a random person so he believes in the link provided without checking first or is he really interested in the aspect that is being offered?

I think your friend doesn't understand about this deception, so they are so trusting and easily deceived.

Something is not right with this story. First, you mentioned that your friend had invested in Bitcoin, but later stated that he linked his wallet to a malicious website. However, from what I understand, Bitcoin wallets do not typically offer support for WEB3 or decentralized apps. So either your friend hasn't actually invested in Bitcoin or there is something missing in his story.
I'm also a little confused by this story, bitcoin was hacked just because it was connected to the site, did he use a trustwallet wallet? Or maybe the OP's friend just lost altcoins because there's no way bitcoin can be linked to web3 like you said.
It's a little confusing too.

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February 28, 2023, 07:17:06 PM
 #7

Although I think such discussion should not be in the form. However, I shared the story of one of my friends being cheated.

A friend of mine invested some of his savings in Bitcoin. But unfortunately today his personal wallet got hacked. Balance 00. I was telling my friend how that . My friend said he gets a message on Telegram and gets greedy and enters the link they provide and connects his wallet. After a while he came and saw that his balance was zero.

"Sin of Covetousness and Death in Sin" Like my friend, none of you connect wallets by entering any bad links. No one will be deceived like my friend.
When clicking up random links on the internet whether you have just seen that one or been provided by someone or anything else talking about free money or easy way on getting rich.Greed would really be putting
you into a hard situation on which you would really be losing all of your funds.Most of the time it would really be giving out some access or permission on transactions made but most of  the time
is really that those privatekeys had been inputted or those phrases had been exposed which we do know that this is the primary thing needed for someone to have
access into your funds.So this would always falls down as a costly lesson learned.

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February 28, 2023, 07:29:45 PM
Merited by The Sceptical Chymist (3)
 #8

"Sin of Covetousness and Death in Sin"

Understand greed, which is an ultimate emotion to destroy the purity of the heart and slowly slowly forced the soul to a dead end.  Those who can't control his / her greed emotion in any term whether it's money, power, or any material is not a believer on the day of judgment. A greedy person is actually living in a misconception. No one needs a lot of money to live with a small amount you can live but for achieving the comfort zone a person gets obsessed by money and other things and this whole time a person forgets his destination.

End is death always and no one can escape... Quran says




For the rest of the OP I do agree in hasty and greedy maximum of the people get trapped. 



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February 28, 2023, 07:31:17 PM
 #9

Although I think such discussion should not be in the form. However, I shared the story of one of my friends being cheated.

A friend of mine invested some of his savings in Bitcoin. But unfortunately today his personal wallet got hacked. Balance 00. I was telling my friend how that . My friend said he gets a message on Telegram and gets greedy and enters the link they provide and connects his wallet. After a while he came and saw that his balance was zero.
I have heard So many complains about how people got scammed on trust wallet or other wallets through a link that was sent to them and a friend of mine was a victim as well.
Greediness is never a good thing and it always leads us to regretting at the end. This is why it's necessary we avoid clicking or to follow any links that is sent to us via telegram or any platform if we have our wallets stored in our phones.

 
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February 28, 2023, 07:52:15 PM
 #10

Greed sometimes ends with regrets. I have had the experience before where I advised a friend on a particular trade which we were on that faithful evening and at a particular trade point I collected my profit and I told him to do the same but he ignored my advice waiting for it to go up again and after a while till today he still, the price dropped like a tree falling down with full speed to our greatest surprise it was a total market crash. Till today he still regrets that event and he has learnt his lessons from that and it was a bitter experience for him as the funds he  invested  was for a particular purpose but he was trying to see how he could get some more money from the trade so he could use for some other activity as well. The incidence really taught him a lesson not to be greedy.

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February 28, 2023, 07:54:54 PM
 #11

Greed can be used for good, though.  "Everything in moderation", and all that.  The way I tend to see it, satoshi harnessed greed to create the very alignment of incentives that keeps Bitcoin in check.  The reward to secure the network should always be greater than the reward for attacking the network.  Bitcoin is, effectively, fuelled by just the right amount of greed.  And from this, we get a permissionless, censorship-resistant, freedom-loving network.  Undeniably a good thing.

I think, in this particular case, however, the issue was simply too much greed.  Your friend had a lapse in judgement.  Clear and rational thought was clouded by overwhelming greed and, as a result, they paid the price for it.  

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February 28, 2023, 08:44:44 PM
Merited by Huppercase (2)
 #12

Greed sometimes ends with regrets. I have had the experience before where I advised a friend on a particular trade which we were on that faithful evening and at a particular trade point I collected my profit and I told him to do the same but he ignored my advice waiting for it to go up again and after a while till today he still, the price dropped like a tree falling down with full speed to our greatest surprise it was a total market crash. Till today he still regrets that event and he has learnt his lessons from that and it was a bitter experience for him as the funds he  invested  was for a particular purpose but he was trying to see how he could get some more money from the trade so he could use for some other activity as well. The incidence really taught him a lesson not to be greedy.

Yeah, greed  always results in regret, but it primarily affects people who are dissatisfied with what they have and who also don't consider what they will get or become wealthy in a short period of time; this primarily happens with many people, such as newbies. I believe the information you shared will help some people understand that greed is not a good thing and it really affects many investors' plans, and I advise we shouldn't be greedy to give a scammer an opportunity to enter our wallet.

.
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February 28, 2023, 09:45:38 PM
 #13

The punishment for greed is loss which I think your friend is passing through where ever he or she is right now, but however, I think you have to learn from his experience not to click on links you know nothing about otherwise you end up losing all the funds in your wallet. Scammers are always ready to get people attracted with links that leads them to doom. As some one who is a member of the forum here, learn not to be greedy to things you know nothing about so that you won't be like your friend.

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February 28, 2023, 11:49:10 PM
 #14

Your friend's wallet wasn't hacked, they gave up access to a 2nd party by linking their wallet or giving out their private keys.
A hack would be a breach or a compromise on the system, this is a silly mistake.
Your friend's account was not hacked, his friend gave scammer access to his wallet. Like giving a link on Telegram and accessing that link through his wallet phase. In this his account is transferred to the second person and he takes everything as his own.
This is the reason why I caution that newbies should not invest until they have gotten enough fundamental information about the assets and how to secure themselves, without this, they would get quickly lose their funds.
This is the main point that beginners should not invest. Like the OP's friend went through a lot of trouble he invested. He lost everything in an instant because of his mistake. I agree with you that beginners should first get good experience from here and gain skills then invest otherwise they will lose all their balance at any time and be totally broke later. And I think everyone should be corrected from here.

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March 01, 2023, 01:07:49 AM
 #15

Although I think such discussion should not be in the form. However, I shared the story of one of my friends being cheated.

A friend of mine invested some of his savings in Bitcoin. But unfortunately today his personal wallet got hacked. Balance 00. I was telling my friend how that . My friend said he gets a message on Telegram and gets greedy and enters the link they provide and connects his wallet. After a while he came and saw that his balance was zero.

"Sin of Covetousness and Death in Sin" Like my friend, none of you connect wallets by entering any bad links. No one will be deceived like my friend.

This is what always happens when you decide not to be satisfied with what you have and also when yo let greed get the best of you just as in the case of your friend.
One thing I have noticed about greedy and lazy people is that even if they find out that a particular stuff is not legit as long as that site has promised to give them a significant amount of money, they are still going to risk everything they have just to get even if you investigate the site and find substantial proof that the site in quest is a scam site they will still pay a deaf ear and continue with their activities there. They only time they do actually listen is after they have been scammed that's when they'll finally sit down to listen to reasons. And now that your friend has been scammed I'm very sure he won't just go around anymore connecting his wallet to random sites, if at all he wants to connect a wallet he should have a separate wallet and a separate device (if it's able to get one) to use he should have a wallet he uses for airdrop.

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March 01, 2023, 01:18:06 AM
Merited by Outhue (1)
 #16

A friend of mine invested some of his savings in Bitcoin.
In the bad news, good news is your friend did invested only some of his savings in Bitcoin, not all of his savings so he lost some of it, not all of it. Good news that he can have other chances to start again.

Quote
But unfortunately today his personal wallet got hacked. Balance 00. I was telling my friend how that . My friend said he gets a message on Telegram and gets greedy and enters the link they provide and connects his wallet. After a while he came and saw that his balance was zero.
Ignore strangers should be first thing in your priority list.
If strangers send you links, ask you to click on those links and if they give you such "too good to be true offers", more solid reasons to ignore them.

Telegram is full of scammers.
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▶️ Do this if you don't want to be dragged to different telegram ICOs
▶️ Some Telegram tips for newcomers in the crypto community
▶️ How to stop Telegram auto-download

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March 01, 2023, 04:12:01 AM
 #17

Although I think such discussion should not be in the form. However, I shared the story of one of my friends being cheated.

A friend of mine invested some of his savings in Bitcoin. But unfortunately today his personal wallet got hacked. Balance 00. I was telling my friend how that . My friend said he gets a message on Telegram and gets greedy and enters the link they provide and connects his wallet. After a while he came and saw that his balance was zero.

"Sin of Covetousness and Death in Sin" Like my friend, none of you connect wallets by entering any bad links. No one will be deceived like my friend.

A very sad day for your friend indeed. You should never click on any links from people you don’t know, period. That is like BTC 101. With the scams these days you can’t trust anyone.

.
.Duelbits.
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yazher
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March 01, 2023, 06:12:33 AM
 #18

This is a common story here and a common way for scammers to use this kind of trick because they know that there are still lots of newbies who will gonna believe them. Too bad because this is sent to multiple people in social media through the help of AI bots. right now, there is nothing we can really do but arm ourselves with the knowledge to prevent others to become a victim of this kind of fraud. Most people will gonna fall because of the same reason and that's their greed and wanting to have more than they have even though they have enough but because of their greed, they see themselves as needy until the end of time.

davis196
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March 01, 2023, 06:56:07 AM
 #19

Although I think such discussion should not be in the form. However, I shared the story of one of my friends being cheated.

A friend of mine invested some of his savings in Bitcoin. But unfortunately today his personal wallet got hacked. Balance 00. I was telling my friend how that . My friend said he gets a message on Telegram and gets greedy and enters the link they provide and connects his wallet. After a while he came and saw that his balance was zero.

"Sin of Covetousness and Death in Sin" Like my friend, none of you connect wallets by entering any bad links. No one will be deceived like my friend.

It would be great if your friend explains in detail about this scam. This would be more helpful, rather than just saying "don't connect wallets to suspicious apps and don't click on suspicious links". What was the scam about? Investing BTC in a HYIP/ponzi scheme, which promises 10000% return? What was the name of the scam? More people should be aware of this scam and stay away from it.
Yes, greed is a big sin, but greed also makes the people invest in assets like Bitcoin. In your friend's case, it's not about greed only . It's about not being cautious, not doing your doo diligence, being ignorant and naive.

Zlantann
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March 01, 2023, 07:26:34 AM
 #20

Although I think such discussion should not be in the form. However, I shared the story of one of my friends being cheated.

A friend of mine invested some of his savings in Bitcoin. But unfortunately today his personal wallet got hacked. Balance 00. I was telling my friend how that . My friend said he gets a message on Telegram and gets greedy and enters the link they provide and connects his wallet. After a while he came and saw that his balance was zero.

"Sin of Covetousness and Death in Sin" Like my friend, none of you connect wallets by entering any bad links. No one will be deceived like my friend.

It is important to always verify any link before clicking because scammers are everywhere. You didn't state the kind of wallet your friend had and how he got greedy but generally it is accurate to use a decentralized wallet and never be greedy. These scammers keep devising different sophisticated means of swindling people of their hard earned money that's why we need to be very careful and keep our password and secret seeds safe.  But I don't understand your link between covetousness and death but I assume you are referring to some religious teachings that states that covetousness leads to death.

R


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