STOP! Before you become a prey of a scammer!

[pakhitheboss]

As the USD value of Bitcoin rises, you would now come accross numerous posts accross multiple social media platforms and Chat apps. They as in the the scammer would offer anyone with lucrative offers.

The biggest one would be to make you realise that you can use multiple avenues for your portfolio to get a big push, if you allow them to handle it. Next, it would be airdrops which will ask you to surrender your Private Key in the end after going  through their requisite.

Another one would be a pump and dump group showing you how much they make a profit everyday through paid signals
In the end it would be a project copying others or a new one trying to cash on the trend.

In the current scenario when AI has the ability to swap face and make it sound like an original influencer or a celebrity talking. It is better to research before you invest to gain double or triple multiplier. The best you can do is to avoid them.

The time has come when understanding crypto in detail and DYOR more than earlier has become a necessity. If you don't understand anything happening in the market then stay away and do not become greedy to ride the wave. Things are not so good as they were earlier post 2021.

[SquirrelJulietGarden]

As the USD value of Bitcoin rises, you would now come accross numerous posts accross multiple social media platforms and Chat apps. They as in the the scammer would offer anyone with lucrative offers.

Ignore strangers is a good prevention.

If you receive DMs from strangers which relate to money and "Too good to be true" offers, be more careful and don't send your money first to those strangers, you will lose your money.

Don't click on any link sent by strangers.
Don't download anything, any file sent to you by strangers.

Be careful and be wise when you are on the Internet and in cryptocurrency space.

You can customize your account settings and disable Automatic download file, images like on Telegram.

[Zaguru12]

The biggest one would be to make you realise that you can use multiple avenues for your portfolio to get a big push, if you allow them to handle it. Next, it would be airdrops which will ask you to surrender your Private Key in the end after going  through their requisite.

Another one would be a pump and dump group showing you how much they make a profit everyday through paid signals
In the end it would be a project copying others or a new one trying to cash on the trend.

Airdrops are already on the horizon, many new projects are beginning to be birth this bullish period most of which are just trap to collect money from gullible newbies to enrich the skilled traders. I wouldn’t say airdrops are totally useless but comparing the success of them and the time and risk associated with them, it would be better to avoid them. If one must go in then make sure you’re not connecting your wallet which saves your funds to the DApps (your wallet shouldn’t in the first place be on an online phone).

As for trading, my advice has always been stop chasing signals, grow gradually with knowledge and stick to long term investment and probably grow gradually with knowledge.

[Obim34]

This is the time we're scammers are beginning to show case their intellect in trying to scam people by all means, yes they are smart but we need to be smarter than them. I am happy for OP creating this awareness as many might have not heard of this tactics which they now deploy to scam people.

The worst of them can be that of airdrop, still in shock as many people still desire to do airdrop, some even engage in airdrop with their wallet which they used in holding their investment and some still give access to this scammers very bad. We should be ready at all times to know when conversing with a scammer and avoid giving any valid information that will cost us our money.

[YOSHIE]

As the USD value of Bitcoin rises, you would now come accross numerous posts accross multiple social media platforms and Chat apps. They as in the the scammer would offer anyone with lucrative offers.

It's very good if you are more observant and clever than them (fraudsters), you have to know that chat rooms, whatever the type of application, have always been used as a den of crime, Worse and their actions were too enthusiastic when Bitcoin was created, please never believe anything said in chat applications that say they are making a profit in the Crypto market or Bitcoin in general.

You need to be careful, the internet space in the chat section is a home for fraudsters, be careful when judging strangers and always get outside information in any case.

[Porfirii]

-snip-

In the current scenario when AI has the ability to swap face and make it sound like an original influencer or a celebrity talking. It is better to research before you invest to gain double or triple multiplier. The best you can do is to avoid them.

-snip-

Wow! have you seen cases like that? People talk a lot about deep fake but afaik it is easy to detect whether a video is real or generated by a computer, looking at the detail (like something strange in the eyes, hair, ears...).

Do you mean that the state of the art has developed so much that the new videos are indistinguishable from the original ones? or was it just a warning about what is to come? as if the use of the new technologies by scammers was not enough, it seems that security is a never ending unfinished business especially in crypto.

Beware, newbies, and not so newbies.

[Churchillvv]

It's more like I have seen this kind of threads on how to be more careful on the internet (social media) as the bull run draws closer.
Well it's a good one to increase the awareness of people to secure themselves from internet scammers wondering about looking for people to scam off their crypto assets.

There are lot more measures to follow that needs to be included in the list but I acknowledge your effort on the few that has been mentioned above.

[Learn Bitcoin]

As the USD value of Bitcoin rises, you would now come accross numerous posts accross multiple social media platforms and Chat apps. They as in the the scammer would offer anyone with lucrative offers.

Not only on Social media, but I guess I have seen similar offers in this forum, and it was this morning If I am not wrong. Someone was offering arbitrage trading from Africa. He said he could buy cheap Bitcoin from Africa and sell it on the other side of the world with more demand, and he was asking potential buyers to DM him. Whenever I see someone ask to DM them for a deal and they are newbie, I feel like this is a Scam.

We are heading into a most speculated halving event. A couple of ETF approvals ahead. So, we expect Bitcoin to boom next year. Meanwhile, more scammers will invent new ways to scam people. It's the right time to ask everyone to be careful.

Wow! have you seen cases like that? People talk a lot about deep fake but afaik it is easy to detect whether a video is real or generated by a computer, looking at the detail (like something strange in the eyes, hair, ears...).

Porfirii, I don't know about him. But, believe me, I saw a casino ad this morning on Facebook, and I was laughing. Because It was Shakib Al Hasan's deep fake video where the voice was robotic. He was saying that Bangladesh gives a license to a casino to operate and he is the brand ambassador. I knew it's fake and I skipped it.

[Orpichukwu]

Anything that has to do with put this and get this is one thing that I always advise people to avoid by every means possible. If it's as simple as those scammers claim it to be, would they even care to share the update with others? What happens to them is that they take a loan and exploit the new features that they have discovered in order to increase their own wealth, or they don't like increasing their own holdings and making the portfolio greener.
 
I barely even reply to messages from unknown users this period, and I hardly click on ad links in regard to crypto news or investment because I know nothing good can come out of it. Sometimes just trying to see what they have to offer is what usually makes most people fall victim to some scammer because they will flood them with fake proof that will appear too real for their victims to reject and say no.

[Hamza2424]

Hmm, Prevention can be a solution but only self-prevention on the community end such cases should be actively reported to keep our fellow members safe, In the Bull rally under the emotion of greed many people adopted many strategies they were not familiar with in those strategies people actively hunt the quests like Op mentioned.

Greed is good till a certain level but in the crypto market you need to realize scams are omnipresent, just like Lucy   they can F* your entire holdings in just a few clicks. So use the ABC strategy to protect Always be conscious and always Be Careful.  I'm just familiar with these 2 any other ABC's available quote me out.

[The Cryptovator]

I often receive messages on social media with attractive offers, especially on Telegram. Instead of clicking links or focusing on their messages, I simply block them and report spam. You have to control your greed if you want to protect yourself from scammers. Scammers develop themselves from time to time and find the latest way to deceive us. They might hack or directly scam us. Also, a lot of phishing emails are coming; I just mark them as spam and report them. So everyone should control greed.

[kentrolla]

I see many people falling prey to these techniques especially during the time when market is good and those who are left behind without investing into crypto before the ongoing rally as these people are desperate to make more money and end up losing it all.

I never entertain any DMs or anything I see in social media and now with the emergence of AI any scammers can pretend like influencers or billionaires or owners to benefit their unholy purpose of scamming people. We need to be more cautious than ever and should just ignore any new messages which slid into your DMs and everything you see in social media and start doing our own research.

[serjent05]

It is always an obvious thing that too-good-to-be-true offers are scams.  Scammers always enticed their victims with huge return.  Even if the intention of the owner of the company that offers such huge return is not to scam people, it will always turn into a scam if the system collapse.  Double to triple our investment offers are bound to collapse because there will always a point in time that the system cannot pay their investors.

Aside from that unknown people often approach their target sending unsolicited direct messages.  They will greet us at first and then initiate conversation.  When they feel that we are already comfortable with them, they will then open up with an investment, or send links that have malware on them.  So better be careful with unknown people who initiate contact on social medias.

Also ignore emails from unknown sources and better to check the email address of the sender if some message from the financing institution asks us to log in or check our accounts, this might be a clone site to phish for our passwords in order to gain access to our account.

[albon]

The frequency of scams has indeed increased in 2023 more than ever, possibly due to the advancements in the crypto industry and the growing number of investors and traders in this field. Scammers are constantly on the lookout, targeting cryptocurrency holders, especially beginners, who may be easily deceived due to their lack of sufficient experience and unfamiliarity with common scam schemes. Regarding what OP mentioned, social media platforms are now crowded with phishing sites related to airdrops and posts containing enticing offers from fraudulent platforms that promise newcomers substantial amounts immediately upon registration and activating promo codes. Pump and dump groups are also well-known traps, and many beginners may believe what is posted there and invest based on it. Therefore, any investor, airdrop hunter, or trader should conduct thorough research before taking any action and avoid making hasty decisions in connecting their wallets, depositing funds into any unknown exchanges, or investing based on recommendations from anonymous people. Trust should not be placed blindly, as artificial intelligence can be unbelievably dangerous.

[Hyphen(-)]

As the USD value of Bitcoin rises, you would now come accross numerous posts accross multiple social media platforms and Chat apps. They as in the the scammer would offer anyone with lucrative offers.

The biggest one would be to make you realise that you can use multiple avenues for your portfolio to get a big push, if you allow them to handle it. Next, it would be airdrops which will ask you to surrender your Private Key in the end after going  through their requisite.

I don't think Airdrops will get more newbies this season because I believe almost all of us hear know that 70-80% of Airdrops are mostly scam, they are using it as an avenue to get popular and used the newbies as their promotion channel and still scam them by compromising the wallets they submit to see if they can move their coins.

Most good projects that have future don't normally use airdrops as a means of advert again because people will not take them serious; therefore, all newbies should avoid airdrops.

Another one would be a pump and dump group showing you how much they make a profit everyday through paid signals
In the end it would be a project copying others or a new one trying to cash on the trend.

In the current scenario when AI has the ability to swap face and make it sound like an original influencer or a celebrity talking. It is better to research before you invest to gain double or triple multiplier. The best you can do is to avoid them.

The time has come when understanding crypto in detail and DYOR more than earlier has become a necessity. If you don't understand anything happening in the market then stay away and do not become greedy to ride the wave. Things are not so good as they were earlier post 2021.

Greed is what lead some newbies to fall for all these hyped trades, some of our newbies are looking for shortcuts to make money as a result of that, they tends to skip the learning and go for signals been hyped by scammers just to collect their money which mostly end up in a regret.
If we remove been greedy, and we decided to learn and gain all the basic knowledge required, we will always be in the right part and gain the little profit we will gain with time.

[sunsilk]

If someone approaches you with any of the apps that you're using and they're a total stranger to you, don't entertain them. Especially, when they already trying to introduce some money making machines. Because with that, that's already one of the signs that they're talking to the wrong person but sadly, they might come up with another victim.

The best that you can do is to block them and they will keep coming back with a new account or numbers. It will never stop once your contacts are already into their database and much worse if they're going to sell that DB to the other scammers. Most likely, it's being sold already and many have taken our contacts so if you are fine with continuous blocking of them, just do it and never give them your time by replying anything to them.

Just don't do give them the opportunity to talk to you and most newbies should do this. Because if you've been aware of their schemes, you're unlikely going to fall for it but this concern is for those newbies so, I hope that all of you that are reading will take care of yourselves and will take note of the tips everyone is giving here.

[ThemePen]

I mostly receive many emails many PM's in Telegram. They all just try to catch me but I have much experience about them. If you will chat to anyone they will ask to open a link or will ask to send money and they say they will double your money with in one hour or two or may be in 10 minutes.
I remember one of my Friend was talking a scammer on WhatsApp. My friend is innocent and don't have much knowledge about crypto. The scammer was showing him watch only address and saying I have mined these BNB coins for you but it is asking for fee and if you will pay fee I will send it to you. He showed me the situation when I saw the screenshot of the wallet so I asked him to block this person and I requested him if you receive any kind of message from stranger who is talking about crypto so tell me first and then tak any action.

Means when they message to anyone and talk to him/her so they read the mind of the client. And attack according to their mind. So we should always be careful about this.

[ZAINmalik75]

As the USD value of Bitcoin rises, you would now come accross numerous posts accross multiple social media platforms and Chat apps. They as in the the scammer would offer anyone with lucrative offers.

As a newbie, we easily become victim of such offers, we think we can get 1 btc at the price of $42k while the current price is around $44k. We became greedy and paid the amount and all we get is nothing but a block. Therefore never gave your money to someone, instead use it by yourself and trade in BTC using any exchange.

The biggest one would be to make you realise that you can use multiple avenues for your portfolio to get a big push, if you allow them to handle it. Next, it would be airdrops which will ask you to surrender your Private Key in the end after going  through their requisite.

I don't think it would be of any use for the victim who has already given his or her funds to some scammer to handle as a financial advisor or consultant, because if that person already has our funds then why would he will give us back even if we give them our private key, and why would we trust that after giving the private key our funds will be returned. So, the neat and clean answer is we should not trust financial advisor at the first place, even if they are giving us huge profits, or hints, or even made us profit 2 or 3 times. They try to make you profit 2 or 4 times, so after sometime you come up with big amount and then they knock on you.

Another one would be a pump and dump group showing you how much they make a profit everyday through paid signals
In the end it would be a project copying others or a new one trying to cash on the trend.

I have seen a thread made by some member here on BTT talking about shilling in LTC and said it will go up, there are many other groups on TG that we can find where admins are sharing shilling time and token, the risk is higher but many make profit too, you have to be quick if you want to make profit but in most cases you don't make profit.

[Zlantann]

The time has come when understanding crypto in detail and DYOR more than earlier has become a necessity. If you don't understand anything happening in the market then stay away and do not become greedy to ride the wave. Things are not so good as they were earlier post 2021.

Some people usually attest that they get relevant information from social media but I think that we have more scam projects on these platforms. Except the information is from the verified handle of a reputable player in the crypto space, I don't take such news seriously. It is wrong to believe everything you see on social media without doing thorough research from other genuine sources. I don't give so much attention to social media because I rely on this forum for most of my information. If I don't understand anything, I will bring the discussion to the forum and I am sure to get the best explanation. Generally, if you can control greed, you will hardly be a victim of these get-rich-quick scam projects.

[nakamura12]

I have received PM numerous times but I didn't take notice of them especially in Telegram where many scammers stay and finding their next victim. As you can read in the first post in your thread where ignoring strangers is a good prevention. This is te very same thing in health problems which I am sure you know it "prevention is the best medicine" or prevention is the best cure". Many people may get relevant information from social media but there's also scammers that spread misinformation and other ways that they can think of just to scam people or fool proof.