The fruit of greed is never good,,

[andriarto]

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.

from this experience we learn about bitcoin knowledge from all things, if you lack knowledge then bad things like this are prone to happen. most of the fraudsters promise lucrative profits, so that many ordinary people are deceived. if it's like this, of course we can only let it go so that the same incident doesn't happen again, and be more careful in protecting our assets, because it's difficult to manage it so that our assets return, especially the lack of legal basis in cryptocurrency

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[alastantiger]

Greed itself is a sin. And any reward of a siner is never a good one. Nothing good comes from being greedy. Most times we get greedy unknowingly just as your friend did. He enters the link not knowing the consequences, not knowing it was a trap. As a bitcoin investor, you have to be very careful and smart not to click on any lint that you are not sure of. I have heard stories on how people are been scammed because of their greed. Someone shared his story on how he was asked to invest some money on a particular app and within three day he will will get times three of his investment.  He invested and he was scammed. This is greed because how can you invest and you wont do any tax and you will get double of your investment.
My advice is as a bitcoin investor, you need to be very careful not to fall into trap. As technology is improving, hackere are also improving.

[Mpamaegbu]

There's nothing wrong with trying to be ambitious in trying new things, honestly. However, where the nag is when people get offers of financial gratifications from total strangers and they fall for it. The internet isn't a safe place and that's why we ought to always be cautious. Scam activities are more pronounced on Telegram than on any other social media sites. A few days ago, I came across one that tried talking smooth and had a girlie picture and name on their profile. I wasn't moved by all that but I played along until I got to the point where I asked them how much they wanted to scam me of. It was at that point that the conversation paused. Opening links sent to you for business purposes from total strangers should be seen as one opening oneself to scam.

[jaberwock]

Beginners with little knowledge will not know about this type of fraud because many frauds have been modified by fraudsters so that they can work again and that is the type of fraud that we have often encountered in the past. We must always try to update ourselves by reading the latest information on many sites and comparing it to find more details about what is happening.

If we can use Telegram properly, we will be able to feel that the person we are talking to is making a very attractive offer that looks good to be true even though it is a scam. We can see if the person is on our contact list so we will know who it is.

It's really not that different, just changing the branding of a scam doesn't change the scam type at all. There are 3 types of scams in the crypto world that everyone needs to know, and two of them are world famous in the fiat world as well. One of them is ponzi, named after Charles ponzi who did it for the first time, and the way it works is that they ask you a lot of money at first, and offer you a ton of return per month, saying stuff like "we offer %20 USDT per month" type of thing is an obvious red signal.

Second is pyramid, it is more like "you pay me 100 bucks, and for every person you bring in I will give you 70 bucks, so second person forward you will make a good profit". And third which is in crypto alone is rug pull, simply take as much investment as possible, then leave with all the money you collected.

[Wiwo]

I have received multiple messages from telegram of such airdrop but the need to have a wallet connect give me a turn-off and I suspect them, we have hard few cases where users' balance get wiped off all because they connect the wallet and are granted hackers access to the accounts.

-ops yoy should please educate your friend to stay away from such practices if not hackers may moniter the account closely and could in the future clear off bigger amount than this, greed is good in some aspects but being gullible is what is total wrong.

[serjent05]

I have received multiple messages from telegram of such airdrop but the need to have a wallet connect give me a turn-off and I suspect them, we have hard few cases where users' balance get wiped off all because they connect the wallet and are granted hackers access to the accounts.

-ops yoy should please educate your friend to stay away from such practices if not hackers may moniter the account closely and could in the future clear off bigger amount than this, greed is good in some aspects but being gullible is what is total wrong.

I also received lots of messages like invitations, offers and freebies.  The only requirement is to connect my wallet to their site and sign to agree with the connection.  I always ignore this kind of message because we all know that lots of phishers and hackers are out there trying to trigger our greed and trick us to let them have access to vital information of our wallet or inject script so that they can hijack all the incoming and outgoing transfers of our tokens and coins.

I hope those who read this thread learn from the story of @OP, never be greedy, and connect your wallet to any link sent via pm of an unknown person on any social media platform.

[Wiwo]

I hope those who read this thread learn from the story of @OP, never be greedy and connect your wallet to any link sent via pm of an unknown person on any social media platform.

Both new and old members should take this thread serious,  as we have heard different stories of similar in the past and just a few weeks back, a popular campaigns manager also got his wallet hacked and all campaign funds up to 4k weres stolen from the wallet.

-So there is a need for to protect our wallet with secondary security layers where available and necessary, to avoid easy access to transfer funds.

[noormcs5]

I hope those who read this thread learn from the story of @OP, never be greedy and connect your wallet to any link sent via pm of an unknown person on any social media platform.

Both new and old members should take this thread serious,  as we have heard different stories of similar in the past and just a few weeks back, a popular campaigns manager also got his wallet hacked and all campaign funds up to 4k weres stolen from the wallet.

-So there is a need for to protect our wallet with secondary security layers where available and necessary, to avoid easy access to transfer funds.

As you all know that greediness is a curse and if anyone is greedy in the crypto market he will surely going to lose his money. I know many people who are very much technically strong in fundamental analysis and technical analysis but they lack their control over emotions and they become greedy during trades and investments and in the end lose their money.

[The Cryptovator]

Which wallet was he using? Simply curious. I'm not really sure if a Bitcoin wallet can be connected to services like Web3 wallet. Yet it's nothing new in this field, and it's not the scammers' fault. Well, it's a fraud, not a hack, lol. Most likely, your friend received a greedy offer and became uncontrollably greedy. But he learns a hard lesson from it. A crypto user should just keep their funds his wallet and sit back. He should thoroughly research scams and cryptocurrencies. There will be more incidents of this nature.

[goldkingcoiner]

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.

I think rather than greed this is a lesson in the consequences of ignorance. DeFi is really not all that hard to master. Before you start, you should do your own research on what is safe and what is not safe. Anyone can easily google this information. It would seem your friend thought he was above worrying about risks. And this is what happens.

Whenever one has the risk to lose money or worse, life/health, then one must always have done their own due dilligence.

Anything else is pure laziness and expecting a good outcome at that point is unrealistic. An expensive lesson was learnt.

[Botnake]

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.

Your friend has failed to secure his account and so he easily give the third party an access of his account due to his greed and love of money. That's the possible result when one does something without making a thorough research first. Not only apply to crypto but definitely in all aspects of our life. If we can't be responsible securing our own account, then we can't expect to succeed from our investment and grow our bitcoin potfolio.

[Oilacris]

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.

Your friend has failed to secure his account and so he easily give the third party an access of his account due to his greed and love of money. That's the possible result when one does something without making a thorough research first. Not only apply to crypto but definitely in all aspects of our life. If we can't be responsible securing our own account, then we can't expect to succeed from our investment and grow our bitcoin potfolio.

This is where we do really have those words in mind that lessoned learned but it would be a costly one if you do make out such mistakes.This is really that very common scenario or outcomes into those

people who are really that greedy and careless at the same time.You cant really just think off about the risks and danger just because you are already that minding on how to make
money or making profits and this is where most people do fall and commit out mistake.

Hacking and frauds and everything that it is in correlation is really that very common into this market.

[coupable]

Scammers use people's desire to get rich quick and easy to entrap them in their fraudulent schemes. One of the most prominent examples is those private keys that are published publicly or sent to people in private messages, and that whoever finds them thinks that he will be able to obtain the tokens in that address. Greed alone is what drives these people and prevents them from seeing the history of transactions at the same address because they will suffice with the referral method before they send Ethereum to pay the transfer fees.

The concept of "aspiration for the better" is fundamentally different from the concept of greed. Ambition towards improving our situation for the better is a legitimate ambition and always requires the actions of the mind before entering into any deal or adventure with the possibility of assessing the consequences.
Greed is completely different, as it is based on the same concept of “aspiration for the best,” but without thinking about it rationally, and the goal is to achieve goals by all possible means, whether they are legitimate or not.

[Vaskiy]

I hope those who read this thread learn from the story of @OP, never be greedy and connect your wallet to any link sent via pm of an unknown person on any social media platform.

Both new and old members should take this thread serious,  as we have heard different stories of similar in the past and just a few weeks back, a popular campaigns manager also got his wallet hacked and all campaign funds up to 4k weres stolen from the wallet.

-So there is a need for to protect our wallet with secondary security layers where available and necessary, to avoid easy access to transfer funds.

As you all know that greediness is a curse and if anyone is greedy in the crypto market he will surely going to lose his money. I know many people who are very much technically strong in fundamental analysis and technical analysis but they lack their control over emotions and they become greedy during trades and investments and in the end lose their money.

It happens, most of the time loss happens out of gambling. Newbies used to experience these kind of losses going through spam links that shouldn't be used. In the past it was multiplier schemes and I too became a victim of it. It request to install a software, at the bottom users withdrawal of multiplied amount transaction runs. Looking upon this believed and send small amount and I wasn't able to multiply. Later understood my mistake, so it is must to be very careful being on the cryptomarket.

[Wiwo]

It happens, most of the time loss happens out of gambling. Newbies used to experience these kind of losses going through spam links that shouldn't be used. In the past it was multiplier schemes and I too became a victim of it. It request to install a software, at the bottom users withdrawal of multiplied amount transaction runs. Looking upon this believed and send small amount and I wasn't able to multiply. Later understood my mistake, so it is must to be very careful being on the crypto market.

Yes and I don't think it is really wise of us to attribute such an incident to greed because from ops' own point of view, his friend git hacked because he was greedy to have wanted to participate in the airdrop, but the fact is that most of us here have had a similar experience as a newbie and even high-rank member have also become a victim as some point before making wallet security their top priority.

-Don't connect your wallet to any platform for whatever reason, and never let out your sensitive information, most hackers work with information their collect over time by monitoring the activities of the owner before they will finally strike when the wallet owner least expected it.

[n0ne]

It happens, most of the time loss happens out of gambling. Newbies used to experience these kind of losses going through spam links that shouldn't be used. In the past it was multiplier schemes and I too became a victim of it. It request to install a software, at the bottom users withdrawal of multiplied amount transaction runs. Looking upon this believed and send small amount and I wasn't able to multiply. Later understood my mistake, so it is must to be very careful being on the crypto market.

Yes and I don't think it is really wise of us to attribute such an incident to greed because from ops' own point of view, his friend git hacked because he was greedy to have wanted to participate in the airdrop, but the fact is that most of us here have had a similar experience as a newbie and even high-rank member have also become a victim as some point before making wallet security their top priority.

-Don't connect your wallet to any platform for whatever reason, and never let out your sensitive information, most hackers work with information their collect over time by monitoring the activities of the owner before they will finally strike when the wallet owner least expected it.

As everything happens online we won't be able to do anything once we've lost our funds. So, it is good to keep things in a much secure way. Whenever you get to follow a link please check the source from which you've received it. If it is from a trusted service or from a known person. Later choose to open it or not, nowadays it is the much preferred way for the hackers.

[Baofeng]

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.

Unfortunately, everything is lost here, so sorry for your friend. At least though he should learn from this mistakes and no make them anymore. There are a lot of criminals in crypto, hackers or scammers that will make you click some link or ask you to download something and the next thing you know, your crypto has is gone. So the next time, don't click or any or trust someone just because they tell you that you will get a big amount of crypto. Your friend is obviously inexperience in this but as I have said, this is a expensive lessons to learn.

[mv1986]

Beginners with little knowledge will not know about this type of fraud because many frauds have been modified by fraudsters so that they can work again and that is the type of fraud that we have often encountered in the past. We must always try to update ourselves by reading the latest information on many sites and comparing it to find more details about what is happening.

If we can use Telegram properly, we will be able to feel that the person we are talking to is making a very attractive offer that looks good to be true even though it is a scam. We can see if the person is on our contact list so we will know who it is.

It's really not that different, just changing the branding of a scam doesn't change the scam type at all. There are 3 types of scams in the crypto world that everyone needs to know, and two of them are world famous in the fiat world as well. One of them is ponzi, named after Charles ponzi who did it for the first time, and the way it works is that they ask you a lot of money at first, and offer you a ton of return per month, saying stuff like "we offer %20 USDT per month" type of thing is an obvious red signal.

Second is pyramid, it is more like "you pay me 100 bucks, and for every person you bring in I will give you 70 bucks, so second person forward you will make a good profit". And third which is in crypto alone is rug pull, simply take as much investment as possible, then leave with all the money you collected.

There is one type of scam that used to be a bit more disguised and that is the token drop to countless addresses combined with fake liquidity provision and fake trading volume. I guess there has been a high number of people falling for that scam when they imported that token for example to their Metamask and either tried to trade it or allowed the contract to drain funds from their own address due to actually authorizing that contract via Metamask.

That was a bit of a surprise to me as well when it happened for the very first time. Now etherscan.io has all kinds of warnings, but still that is something people fall for. Back then there were also legit airdrops, which made it a bit trickier.

The standard described here as someone texting you a link via Telegram, nobody should ever fall for that and connect their wallet or dump their private key into an unknown website login interface. Sorry, but that is actually stupid. It is like finding a wooden fake ATM at the street where there has never been one before and it says "free money" and you walk in and put your debit card in and provide your PIN. Who would do that?

[michellee]

Beginners with little knowledge will not know about this type of fraud because many frauds have been modified by fraudsters so that they can work again and that is the type of fraud that we have often encountered in the past. We must always try to update ourselves by reading the latest information on many sites and comparing it to find more details about what is happening.

If we can use Telegram properly, we will be able to feel that the person we are talking to is making a very attractive offer that looks good to be true even though it is a scam. We can see if the person is on our contact list so we will know who it is.

It's really not that different, just changing the branding of a scam doesn't change the scam type at all. There are 3 types of scams in the crypto world that everyone needs to know, and two of them are world famous in the fiat world as well. One of them is ponzi, named after Charles ponzi who did it for the first time, and the way it works is that they ask you a lot of money at first, and offer you a ton of return per month, saying stuff like "we offer %20 USDT per month" type of thing is an obvious red signal.

Second is pyramid, it is more like "you pay me 100 bucks, and for every person you bring in I will give you 70 bucks, so second person forward you will make a good profit". And third which is in crypto alone is rug pull, simply take as much investment as possible, then leave with all the money you collected.

Ponzi and pyramid have been deceiving people for a long time but the problem is that these methods come back repeatedly when the trend starts to increase. The people making the offer knew that many people would be interested and were curious how they could make so much money so they modified the method to make it look less like a scam.

But the buzzword of the scam is that if their offer looks too good to be true in a short time, we should be suspicious and have to find more info to find out. If we want to invest, we must also determine how much money we will use so that it does not exceed our financial limit because many people forget themselves and are very enthusiastic about getting big results in a short time. And many people have become victims of this, so we must be able to prevent it from happening to us.

[ancafe]

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.

Actually there is no relationship between greed and hacking done by people against your friend, if he does not give access to other parties by linking his wallet, this is a ridiculous story of mistakes made due to lack of knowledge about investing.

That's why I never agree for an unknowledgeable person taking part in a large amount of bitcoin investment how could he do such a thing and I don't think he understands any scam with security behavior to be aware of. But to be honest your story is a bit confusing to understand.