Massive influx of scammers activity during the bull season.

[Luffygroove]

Imagine a bull run like bees swarming for nectar in flowers where everyone gathering to scoop up profits, just like bees hustling for food and honey. It's not just investors and traders in the mix; it's also prime time for the shady characters. With the FOMO frenzy, folks might be oblivious, and that's the golden opportunity for the tricksters. They'll hit you with phishing links, sneak in scam projects, and even slide into your DMs with fake help. Bottom line: in a bull run, keep those radars up. Stay extra vigilant, or you might end up losing more than just the honey pot.

[1715283529]

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[siniminomorocomunisakito]

Now. For the end and towards the end of the year. Maybe this also arises in our minds. How come there's no end to the news that creates chaos in prices? Is the news all this time also made up so that the market is corrected again?

This is what often happens, many people don't want to miss the party even though it might just be a hoax. Indeed, no one can control the market, but there are ways for strong people to do it.

[Taskford]

Scammers are always active may it be bull season or bear season.  Scammers don't sleep and are always looking for opportunities to scam people.  It is that scammers get more victim during the Bitcoin market bull period because there are more people getting active at that time and there are also newcomers that are somehow not familiar with how the Bitcoin Industry work so it seems that scammers look more active during the bull period because scammers tend to scam more people during this period.

Regardless of the season, may it be the bullish or bearish market, we must always stay vigilant and be on the look and avoid scammers.

Yeah that's true, sometimes it even safe to say that scammers are more active and vigilant that your every day normal crypto enthusiast base on the update levels, every seasonal market open and creates opportunity for more naive and less focus persons to be scammed and most person just don't when something that is presented is too good to be true. Scammers are proactive and don't relent as they feed on the greed and sometimes ignorance of the public so inorder for you to stop this, you first need to be a scammer yourself but in the aspect of always staying updated so you can identify some simple avoided techniques used to get their victims.

Scammers are active during that season its because they know that many people are so willing to spend a lot of money for their investment. They want to convince people to go with them and promise everything so that they can steal their money. That's why we need to be aware on the classic method they use since they just recycle the schemes the made before but insert some twist so that they caught the interest of people to try their scam service.

We should never get fooled nor to be look like that since if it happens that we get scam by those people for sure they will just laugh at us that's why we should be aware on scams so that we will not a easy target for them. If to many people will be aware about those scams for sure the same activities will lessen so we need to be a smart investor to avoid scams and people who want to take advantage with us.

[michellee]

Now. For the end and towards the end of the year. Maybe this also arises in our minds. How come there's no end to the news that creates chaos in prices? Is the news all this time also made up so that the market is corrected again?

This is what often happens, many people don't want to miss the party even though it might just be a hoax. Indeed, no one can control the market, but there are ways for strong people to do it.

That's because those who spread negative news don't want to see the crypto market rise. They will hinder the rise of the crypto market at all costs. And it seems that someone is deliberately making the market correct again.

But we as crypto users who have known about crypto for a long time don't need to panic. When the time comes, the crypto market will start to increase by itself. If that happens, nothing will be able to stop it and it will be time for us to make a profit. They may still prevent the crypto market from rising. But they won't always be able to do it.

We must be patient and wait for the crypto market to recover. And now, the crypto market is making its recovery. We must prepare ourselves well because crypto reversals can happen at any time. The current time can still be used to accumulate Bitcoin and altcoins so make the best use of this time.

[DaNNy001]

Just recently I got a text from a random number telling all the advantages of the high increase if Bitcoin and siad in the text that all I need was to click the link and they have great opportunity installed for me and we all know curiosity can cause, this can lead to me to different places and even put my HODLing at risking because clicking of random link is never advisable if you are crypto holder and knowing this, I carefully ignored but this action might have been different for a crypto space novice.

[cryptodude]

For some reason I got this taught from a discussion I was partly involved in where the persons were all complaining on how they lost so much during the bull market and it made me wonder how possible is this if one should be able to avoid so many  factors that posses these results of losses.

It would be nice for the community to discuss how these period are so vital on profits and also how they can also be a hit by some these scammers that are fully active during this period due to same reason that everyone is always hyper in these period.

During bull markets in the cryptocurrency space, there tends to be a massive influx of scammer activity . Scammers employ various tactics, such as phishing schemes, fake ICOs(Initial Coin Offerings), and pump and dump schemes, taking advantage of the euphoria surrounding rising prices .The heightened enthusiasm and increased media attention attract both legitimate investors and opportunistic scammers looking to exploit the fervor .Investors should exercise caution, conduct thorough research, and be vigilant about the authenticity projects and platforms to protect themselves from falling victim to fraudulent activities during bullish periods....

[wtsimis]

Most new investors think that they can profit from investing in bullish markets. But they don't know where the fraudsters can fall under the investment. Scammers are very active especially during the bullish season because people are willing to invest a lot during that time. So they make various promises and tempting offers to steal their money. Moreover, phishing sites attract investors by promoting them.
So be a smart investor by being fully aware of scams.