Social media is a breeding ground for scamers, be intelligent while you explore

[Mrbluntzy]

Full topic: Social media is a breeding ground for scamers, be intelligent while you explore the crypto market.

I got inspired to draft this topic after seeing so many scam airdrops that was promoted on  X formally known as Twitter, so many fake telegram group that are impersonating the original telegram group of other successful project, and  many fake investment groups on Facebook. Some of these groups or fake ads looks very real to the extent that  real newbies who have zero experiences about crypto can fall victim unless they are guided by experienced investors.

The reason for making this post is to alert those innocent newbies who are just new and still starting their journey into crypto for the first time. I don't recommend you guys to follow every information you catch on social media.  Social media is so polluted with scams and too much wrong information. The rate of scam on social media is not regulated and that's why people will keep being misleaded and scammed if they follow every information they get from the social apps.

As this forum is concerned, there are different good people who will never allow scammers  to mislead others, that is why wrong information are always filtered out here and users are immediately cautioned  when they drop wrong information.

The social apps is unsafe to be a place where a newbie can get good knowledge about cryptocurrency. It is good to recommend people to learn from the Bitcoin talk communit or any other Bitcoin educational material that is legit.

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[Ojima-ojo]

Take social media as a tool for marketing,  and whatever is posted there, should be subject to personal analysis and forensic investigations before you take it as a fact, we are at an age where the internet seems highly unregulated most especially in developing countries around the world, this have given room to so many media platforms that give the people the right to say and put anything online for the world to see.


Because of this, scammers are also there on the internet and social media since getting through to them may be hard due to locations, so we need to guide ourselves to avoid getting overly carried with the information we get from the media because most reports are fake and lack ability,  since 2017 the altcoin market saw a surge and since then, there have been alot of Airdrop and projects whose team are all scammers, fake team that scam gullible investors, so be guided.

[Findingnemo]

I would go further and say not just social media, the whole internet is filled with scams and if you see an article or blog that is praising a project particularly then it can be a paid ad just created to generate traffic and this is done by most preferred news platforms too in the crypto market. When you want to trust your money then you need to do it on your own which needs necessary knowledge which comes from doing the research on our own.

[tabas]

That's right, not everything that you see on social media should be followed. Like just now, you see a lot of posts in social media that they're following the herd of those airdrops that are profitable. Many are misleading a lot of people that they should follow them for the others to have some profitable airdrops find out too. But little did they know, they're only there to attract more of the users to join their groups and shill more projects to them. No one is sure with any project that's being told on what they should follow, not just to invest but also too check out for airdrops. With that, everyone has to be careful on whom they follow and what groups they're joining. Sometimes, many of them are just hitting these projects with luck.

[BITCOIN4X]

That's right, not everything that you see on social media should be followed. Like just now, you see a lot of posts in social media that they're following the herd of those airdrops that are profitable. Many are misleading a lot of people that they should follow them for the others to have some profitable airdrops find out too. But little did they know, they're only there to attract more of the users to join their groups and shill more projects to them. No one is sure with any project that's being told on what they should follow, not just to invest but also too check out for airdrops. With that, everyone has to be careful on whom they follow and what groups they're joining. Sometimes, many of them are just hitting these projects with luck.

Because I was disappointed with the bounties I participated in at the start of my forum journey, I ignored the airdrop. It's up to how much someone can earn via airdrop, but I'll never be interested (especially those shared on social media).

Social media is a paradise for scammer, not only X (Twitter), Telegram is the same, even several Facebook groups are the same. So far, many people are aiming for easy money by scammed other people and don't care who the victim is, it's cruel, but that's the way the world is today. That's why we all need to be careful and don't be tempted by the lure of a few dollars from an airdrop. I know some airdrop are still profitable, but not all of them are the same.

[Potato Chips]

As this forum is concerned, there are different good people who will never allow scammers  to mislead others, that is why wrong information are always filtered out here and users are immediately cautioned  when they drop wrong information.

You may be putting the forum on a pedestal here.

Although it's not as bad as the heavily monetized social media platforms, this place is also filled with people trying to scam or take advantage off of people. As a community, we try to place cautions and correct misleading or wrong information but it's no way always done immediately and some are left alone. But tbf, there is no safe or almost safe public online community out there -- welcome to the internet amirite? lol.

[PrivacyG]

Trust no body.  This is the safest way to go.

Had people not trusted any stranger, how many of them scammers would have success?  The most intelligent thing you can do is ask yourself why.  Why is there an Airdrop.  Why is a stranger giving away money.  Why do I have to put my Seed in there in order to double my Coins.

Either you do this or you will be fooled.

[sokani]

Scammers target and deceive newbies on social media through the use of fake accounts, hacked verified accounts, fake airdrops and phishing links. Aside the above mentioned, most of the greedy influencers don't vet the projects the promote, newbies also fall prey to these fake projects because they are endorsed by an influencer. Social media are not entirely bad but the harm they do outweigh the good and newbies need to be extra careful.

[Alpha Marine]

The kind of things I see on Twitter amazes me. Shockingly, people fall for it too. I always try my best to call out projects that I know are scams.
It has become so easy on Twitter recently because with a few bucks you can get verified and scam people. These days you can just see promoted tweets that are so obvious they're scams and I wonder why Twitter doesn't at least try to verify some of these things before allowing it.

There are different kinds of information on social media so because of what you take in. It's a good thing we have a forum like this that can debunk a lot of false news and fake stuff related to crypto.

[PX-Z]

I would go further and say not just social media, the whole internet is filled with scams and if you see an article or blog that is praising a project particularly then it can be a paid ad just created to generate traffic and this is done by most preferred news platforms too in the crypto market. When you want to trust your money then you need to do it on your own which needs necessary knowledge which comes from doing the research on our own.

Yes, sometimes people are really skeptical of what strangers offering of sweet words and amount of money that's why it's easy to avoid them in the social media sites. Although there are still few who are greedy who will bite the bait. Next is the videos from youtube and other websites, then blogs. But most of the time came from ads, which sometimes is easily to get lured, search engine ads are the most common newbies getting fooled believing that it's the legit site which is not.

[DeathAngel]

Social media is a breeding ground for scammers because the anonymity on these online platforms allows scammers to hide their true identities which makes it easier for them to deceive unsuspecting users. The vast reach of social media provides scammers with a wide pool of potential victims. The fast pace nature of social media encourages quick & impulsive interactions which makes users more vulnerable to manipulation. A lack of stringent regulations & how easy it is to create fake profiles can facilitate fraudulent activities. To combat this it's crucial for you to stay vigilant, verify information & report suspicious accounts to ensure a safer online environment.

[tabas]

That's right, not everything that you see on social media should be followed. Like just now, you see a lot of posts in social media that they're following the herd of those airdrops that are profitable. Many are misleading a lot of people that they should follow them for the others to have some profitable airdrops find out too. But little did they know, they're only there to attract more of the users to join their groups and shill more projects to them. No one is sure with any project that's being told on what they should follow, not just to invest but also too check out for airdrops. With that, everyone has to be careful on whom they follow and what groups they're joining. Sometimes, many of them are just hitting these projects with luck.

Because I was disappointed with the bounties I participated in at the start of my forum journey, I ignored the airdrop. It's up to how much someone can earn via airdrop, but I'll never be interested (especially those shared on social media).

While many have really made money on them but many of us do ignored them and we don't regret that.

Social media is a paradise for scammer, not only X (Twitter), Telegram is the same, even several Facebook groups are the same. So far, many people are aiming for easy money by scammed other people and don't care who the victim is, it's cruel, but that's the way the world is today. That's why we all need to be careful and don't be tempted by the lure of a few dollars from an airdrop. I know some airdrop are still profitable, but not all of them are the same.

Yeah, just count that all of them can be used to scamming and even the likes of Instagram and any messaging apps. Most of them are becoming the haven of scammers. And these scammers are targeting those people that are wanting to get into rich quick schemes. If they learn from their mistakes and experiences then they'll benefit. But if not and they keep on looking for those scam investments then someday they'll learn the most expensive lesson that they'll ever have.

[Pokapoka124]

As this forum is concerned, there are different good people who will never allow scammers  to mislead others, that is why wrong information are always filtered out here and users are immediately cautioned  when they drop wrong information.

Scams are not moderated on the forum but you’re right, the forum remains a safe space because community members devote their time to making it so.

The social apps is unsafe to be a place where a newbie can get good knowledge about cryptocurrency. It is good to recommend people to learn from the Bitcoin talk communit or any other Bitcoin educational material that is legit.

Fraud has always been in existence. Now it’s done on a larger scale, scammers now take advantage of social media to reach their targets. Facebook, Twitter, YouTube and even Bitcointalk are used by scammers, the difference is Bitcointalk forum members are less gullible and aggressive towards scammers than other social platforms are.  

[Sandra_hakeem]

The moment they realize that it's possible to create that trust/cordiality, we toast!... It takes nothing from them to play along like the good guy, and at the end of the day, you keep refreshing the same page that caught your fancy, just to realize you've been logged off..
it's not even about HODLed coins alone - some even target social media accounts, casino accounts, personal infos for possible loan request - that you could stay without downloading an loan app/ requesting a bank loan and all you see is debits from your monthly stipends.... Don't forget to guide your wallets.

Sandra 🧑‍🦰

[Odusko]

Its has been a long since I visited any of the social media for any updates and this is because there are no updates there and I would rather look for information from discussions in forums such as here and get any updates that I need instead of going to social media where every jack and Harry is a reporter and filled with fake news.
We need to take the responsibility of getting the right news by ourselves and since scammers have flooded social media space,  it becomes highly important for us to make adequate efforts to get hold of the best and legit news only.

[Jaycoinz]

I would go further and say not just social media, the whole internet is filled with scams and if you see an article or blog that is praising a project particularly then it can be a paid ad just created to generate traffic and this is done by most preferred news platforms too in the crypto market. When you want to trust your money then you need to do it on your own which needs necessary knowledge which comes from doing the research on our own.

I agree that's simply the best way one can actually help their self because if you are to follow the rating and praises from any social media website on a particular project then you might probably just get yourself posted in a really tight corner that you might find it really difficult to come out from. An example of such places would be the ratings from trust pilot, I know for sure to an extent that most reviews and ratings on that site are all planned and rigged.

[EL MOHA]

Its has been a long since I visited any of the social media for any updates and this is because there are no updates there and I would rather look for information from discussions in forums such as here and get any updates that I need instead of going to social media where every jack and Harry is a reporter and filled with fake news.
We need to take the responsibility of getting the right news by ourselves and since scammers have flooded social media space,  it becomes highly important for us to make adequate efforts to get hold of the best and legit news only.

One thing been said is, never trust the information giving to you on social media or just anywhere. The internet is still new in people’s minds and the scammer are trying more and more technics daily to help them attack people. One thing I will say is most people that fall to this scams aren’t just gullible alone but rather also greedy to rip out money and that’s where they fall victim. Cryptocurrency scam will definitely be around till any time but we can limit the rate at which we fall victim or allow our people to fall victim by making them understand that one’s an offer is juicy then it is not real

[Dimitri94]

As this forum is concerned, there are different good people who will never allow scammers  to mislead others, that is why wrong information are always filtered out here and users are immediately cautioned  when they drop wrong information.

The social apps is unsafe to be a place where a newbie can get good knowledge about cryptocurrency. It is good to recommend people to learn from the Bitcoin talk communit or any other Bitcoin educational material that is legit.

Social media can be called a personal media center for people where they can share their various feelings and be aware of the things shared by others. Today's scammers are very active using this social media. Here various attractive advertisements are made and spread quickly among the common people. Newbies are falling prey to these scammers. Many have lost their wealth or suffered in other ways.

Forum can definitely be thought of as a filter. Because here no such scam methods will be established. In this plaform a user gives good advice on how to avoid such scam traps by keeping yourself up to date.

A newbie who may not be aware of the forum has no choice but to take awareness on his own. But those who join in this community will definitely be free from such scam traps.

[Publictalk792]

One thing been said is, never trust the information giving to you on social media or just anywhere. The internet is still new in people’s minds and the scammer are trying more and more technics daily to help them attack people. One thing I will say is most people that fall to this scams aren’t just gullible alone but rather also greedy to rip out money and that’s where they fall victim. Cryptocurrency scam will definitely be around till any time but we can limit the rate at which we fall victim or allow our people to fall victim by making them understand that one’s an offer is juicy then it is not real

I agree that we should not trust information we find on social media or the internet. Scammers are always finding new ways to scam people so we need to be careful and not believe everything we see.
I also agree that people who get scammed are not just easily fooled but they are often too greedy. Scammers take advantage of people who want to make money quickly or want to become rich in a single night and this greed that makes them fall into the scammers traps. So we should always be careful about these kinds ko scammers.

[Text]

Scammers take advantage of unsuspecting individuals, especially newcomers just starting their crypto journey. I witnessed fake airdrops, impersonations, and fraudulent investment schemes there. Unfortunately, these scams often appear authentic, making it challenging for newcomers to distinguish between genuine opportunities and fraudulent activities. I have warned them and advising not to follow information on social media blindly and they should turn to reputable sources like here in this forum for education instead. This forum filters out misinformation and provides a safer learning and discussion space.