Gaurd yourself against crypto scam this year

[kasablings]

The problem with us Nigerians our eye dey greedy too much but we no go gree face the truth say we need to dey careful because there is a saying that wise man die for foolish man backyard.even me have been a victim of that.we all no that Bitcoin na baba for crypto but people like to take risk. you see say na scam you go still enter to try luck🤣.all your crypto savings disappear in a minute.this topic they very important this year make monkey dey work na baboon dey chop.na Hussle everybody they Hussle. if you see such things make research very well so you no fall victim.

[teamsherry]

Indeed what you have said is very true, most persons fail for scams because of greed, cause sometimes when we evaluate the offers that we are given we would find out that, what this people are telling us would be so hard to achieve, and we well know that investment bears its risk, so the question remains how are this people getting the money to give us?, but most Nigerians won't think about this one instead they would be so lured by the offers and end up falling for scams, but from the facts you have presented, I think we can use this to identify scams, but for us to really save ourselves we must apply carefulness and stay in our zone of comfort(like btc, Ethereum etc) than searching around looking for the next shit coin that would go 50x and end up losing money to scammers because of our greed for outrageous profits and impatience to grow our money slowly.

[Troytech]

Indeed what you have said is very true, most persons fail for scams because of greed, cause sometimes when we evaluate the offers that we are given we would find out that, what this people are telling us would be so hard to achieve, and we well know that investment bears its risk, so the question remains how are this people getting the money to give us?, but most Nigerians won't think about this one instead they would be so lured by the offers and end up falling for scams, but from the facts you have presented, I think we can use this to identify scams, but for us to really save ourselves we must apply carefulness and stay in our zone of comfort(like btc, Ethereum etc) than searching around looking for the next shit coin that would go 50x and end up losing money to scammers because of our greed for outrageous profits and impatience to grow our money slowly.

Yes ns greed be the main thing and also ignorance too, cause as na online most people dey act out of ignorance, not knowing the repercussions of some actions, you go see person go actually dey sane send person wey em no know, no video call, no prove of him been real money, because of promise, so both ignorance and greed dey follow do this thing

[Asiska02]

The mistake most people dey make Iin cryptocurrency they feel every new projects is worth investing and they just take the risk of investing without making any research to be sure if the project is safe for investment or not. Make we learn to take things easy first to learn and not rush into, when we learn by making research to know more about wetin we won put our money to invest,  it will prevent one from making mistakes from entering all this failed projects we have.

Why some people dey fall for all this scams na mostly because say dem get that mindset of making it quickly in the crypto space when in real sense e no suppose be like that. Many people don fall scams in the past and na the same thing wey those people dey pass through before na him even the new victims too dey face and dem no wan change still. E no make sense make dem dey repeat the same thing over and over again and people go still dey fall victims of the same thing.

For crypto space, you no fit make am overnight and any project wey promise you so, just wan use you make money through that project and dat sign already don dey signify red flag wey you suppose avoid. Doing research for project wey you wan invest into still remain the best method to know whether the project na legit or not. If you don tey for this crypto space, dem no need tell you if project they show sign of scam or not.

[Manlikefrank1]

My fellow country men, we know how this things dey be for the country, e no go Tey now one new ponzi scheme go come out with their own offer, and you go see say many of our brothers go fall inside.

I know say many if us here know this things, but the things wey dey attract us fit dey different too, very soon one new crypto go come out, all of Twitter go dey shake, one Influencer now go carry am for head, you no go know say nah better rug pull dey wait their or pump and dump.

Una remember the story of  squid game, how they just come out with hype carry people money run. I no go fit advice say make una invest in only bitcoin, but make una try do good research, infact if possible pick only 2 altcoins invest in. But know say na only bitcoin wey dey fully guarantee.

Abeg my people make we no go give any body Free moni, besides Niger men we wise so make we apply that wisdom, even for our crypto journey too.

Make I no talk problem no come give the small solution I know.
 
How to identify this their scam  people wey come in form of ledgit crypto

👉 Read white paper: crypto project normally suppose undergo stages of development, so this project they get watin them dey call white paper which dey contain the formula on how the system go dey operate, their road map, e go explain how the entire network suppose function.

Any whitepaper wey u read wey no dey solve any problem, wey just carry promise full inside my brother commot body. The one wey we sabi bitcoin, give us proper written whitepaper. So any one wey no dey follow in the footstep na scam.
This scam people their whitepaper dey poorly written and if u sabi the eye read am u go know say na scam. Make I drop Link for better whitepaper so u go understand me.

BITCOIN WHITEPAPER

👉 Identify team members: most of this scam people dey like dey anonymous for their work, so one good way to check for their team members, find who dey real their fir goggle or not, even follow them for Facebook see if the real person dey post something related to the project. And they no fit scam with theri real face cause government go find them.

👉 beware of free things: most of this men dey like offer free things like say na ponzi, them go carry token give you for free or even some of the extra prelaunch coin for free. Carry for mind say nothing be free oh, unless watin then go gain go big pass your own.

👉check watin them dey talk: one thing I believe na say good business dey out to solve problems, so if this people just come dey talk moni moni my brother commot body na scam. This people fit even go as far as saying them dey launch for 20$ when their presal3 na just 0.003 like how which kind lie be this or even dey promote themselves as the next big thing. Just dey careful of such.

Like this I know say I don do better justice to this matter any body fall na en own.

If you get other ways wey u know say we fit use avoid this scam wey go happen this year abeg share for us.

have to leave a system of investing base on influence[Suspicious link removed]agien having a influencer creating a content about cryptocurrency investment.most Nigeria will fall for the trick thinking it?s legit,without background checks and information and knowing most of the influencer are been paid for there services also.so I advise both the influencer and investor to be sure about any cryptocurrency investment platform before taking a step to want to invest in.