How can I identify a scammer using Bitcoin or crypto to scammer people

[Mate2237]

So if I may ask, how can we identify this kind of fraudsters?

If you read the threads in the forum and follow the steps then you will know more and always follow the scam accusation board to learn more and to spot a scammer is very simple. And all what you have to do is to refrain from all greediness. Don't plan to buy cheap things and don't plan double your money in any form. Always be contented of what you have then when you see all those things in the social media, stay away from them or you first attack them of saying "Scammers Run oh". Or if you want to buy something always Payment on Delivery.

And always secure your seed phrase by not given out even a letter of your phrase. Whenever someone asks you to deposit bitcoin to his account don't do it. You have to know that he is a scammer. Unless you know the person face to face.

[sotelorene]

To me I think the answer to this question is that we should be careful and pray not to experience or fall victim cause it's not easy to detect or notice that a particular person is a fraudster because it won't be written on there face or there profile. And been able to detect a scammer doesn't just require only Bitcoin or crypto knowledge cause if we want to take in that dimension I think some expertise in crypto has fall prey, my question now is that, is it that they don't have knowledge on this ( Crypto) the answer is they have knowledge but sometimes it just happened like an accident perhaps I think Bitcoin knowledge will only help one to overcome those basic way scammers come inform of. Note most scammers studied before executing anything so it is very difficult to observe them.

[Derek jnr2001]

Because of the increase in the financial leverage of Bitcoin and cryptocurrency a lot of fraudster are budding under the umbrella of Bitcoin and cryptocurrency to scammer people especially those who are not much grounded and knowledgeable of Bitcoin and cryptocurrency like me. Instance, some fraudster will send you a link through WhatsApp, Facebook and other social media telling you to click the link to register for cryptocurrency and Bitcoin with hope of making much money from the link but immediately you click the link they will access to all your information and then use hack your account and be using it for their fraudulence activities or better still scammer the you.
So if I may ask, how can we identify this kind of fraudsters?

Countless time we have been instructed never to click any link you know nothing about more especially in facebook platform because the rate of scammers is very high mostly in facebook platform. Just imagine telling someone to click on a link to register for cryptocurrency? isn't that obvious that the person happens to be a scammer even without someone telling you that the person you're dealing with is a scammer. if making money online is that easy everyone would have been in a better position by now this are the things you need to think about before doing what they ask you to do, is only those beginners who are naive and also wanting to get quick money that will fall for this time of scam. However if you don't want to get scammed you see the spirit of being (greedy) you need to let go off it, because that's the most common thing that always lead people into a wrong direction.

[SmartGold01]

Always avoid them and don't be to rush to click on link sent to you on WhatsApp or any other social media platforms because it's easier to hack you, like I do, I don't always click on random links or any links shared on whatsapp group and social group because I know the implications. To avoid being scammed you need to set a 2fa on your social media accounts with this it makes it very hard to access your account whenever your being sent to phishing link that would hack your account. Again, avoid being desperate to make money online with this you can limit the rate at which you get trapped to this scammers.

[Derekfunds]

Always avoid them and don't be to rush to click on link sent to you on WhatsApp or any other social media platforms because it's easier to hack you, like I do, I don't always click on random links or any links shared on whatsapp group and social group because I know the implications. To avoid being scammed you need to set a 2fa on your social media accounts with this it makes it very hard to access your account whenever your being sent to phishing link that would hack your account. Again, avoid being desperate to make money online with this you can limit the rate at which you get trapped to this scammers.

You are absolutely right one of the reason some people fall victim is because of desperation and greed. When some people heard or see a link with a write up that if one invest so so amount he or she is going to have so so huge amount in return and sometimes, the amount they say you will get in return will be enough reason for someone to know that this is not real but because of greed and the desperation to make money they will dive into it thinking they are going to turn into millionaire or billionaire overnight. I think we should be careful and mindful not to click anyhow link  and one shouldn't get attracted to everything they see online because as much we are thinking how to identify fraudster that is also how they are thinking for a way that people won't notice or observe them.

[Antotena]

Because of the increase in the financial leverage of Bitcoin and cryptocurrency a lot of fraudster are budding under the umbrella of Bitcoin and cryptocurrency to scammer people especially those who are not much grounded and knowledgeable of Bitcoin and cryptocurrency like me. Instance, some fraudster will send you a link through WhatsApp, Facebook and other social media telling you to click the link to register for cryptocurrency and Bitcoin with hope of making much money from the link but immediately you click the link they will access to all your information and then use hack your account and be using it for their fraudulence activities or better still scammer the you.
So if I may ask, how can we identify this kind of fraudsters?

The first rule of avoiding scammers is when you accepted "there is nothing like free money on the internet", it's either you invest your money into crypto or you work to have it. If you can master this and remove greed from your ways, nothing will move you and scammers will find it difficult to get you because this is the easiest route to scam person in crypto.

There are other ways of scammers getting you as a victim, it can be through phishing scam, email scams, impersonating, romance scam, high return investment scams and malware attack. Apart from the recommendation I have given, make sure you practise a sekf custody, doing that will make your wallet from accessible because your keys will remain offline. If you remove greed and protect your wallet with outmost care, you will free from scammers.

The last but not the least, learn to be a private person. When a scammer don't know about your existence, they wouldn't be able to know how to attack you because they know nothing about you but if you are the type of person that will buy $100 worth of Bitcoin and announce it on your Facebook, WhatsApp and X, you will become a target for scammers, so learn to be a private person, it's part of ways from staying away from scammers.

[Stable090]

So if I may ask, how can we identify this kind of fraudsters?

D first thing wey Dey na to discover the strategy wey dem Dey use scam, as you don sabi d strategy, d next thing wey you suppose do na to avoid it now, if anybody send you any link, no just click am, if you see any random link online, make sure say you Dey avoid am, because things like dis fit out u for problem.

If you be person wey Dey run all dis airdrops now, if dem ask you to connect wallet, and you wan run am, make sure say na new wallet u go connect, no go connect wallet wey money Dey inside ooo, make sure say you get new wallet if you wan particular in any airdrop, to avoid story that touches the heart at d end, because plenty airdrop wey Dey na just to scam, and d problem be say person no go sabi d one wey be scam, and one wey be legit.

I go tell you again say, anybody wey you meet on social media, take them like say na scammer dem be, even if you wan learn something from them, never trust anyone, because some people go make sure say dem earn your trust first, before them go come attack you.

[GiftedMAN]

One of the things you need to understand about cryptocurrency especially bitcoin is that nothing is 100% free, if you are given a link to register for you to earn free Bitcoin you need to avoid opening the link that was sent to you then block such person because the easiest way scammers get their victims is through offering them links where they claim they can give you free coins once you register.

Scammers will always appear like helpers helping you to get things that will be useful to you so once you come across a stranger online or offline who is interested in helping you with an issue relating to either your wallet or someone claiming to be an expert in a particular investment platform you are already discussing with a scammer so always be smarter than them and avoid free things if you don't want to be scammed.

[cryptobest4all]

Because of the increase in the financial leverage of Bitcoin and cryptocurrency a lot of fraudster are budding under the umbrella of Bitcoin and cryptocurrency to scammer people especially those who are not much grounded and knowledgeable of Bitcoin and cryptocurrency like me. Instance, some fraudster will send you a link through WhatsApp, Facebook and other social media telling you to click the link to register for cryptocurrency and Bitcoin with hope of making much money from the link but immediately you click the link they will access to all your information and then use hack your account and be using it for their fraudulence activities or better still scammer the you.
So if I may ask, how can we identify this kind of fraudsters?

Scammer come with huge profit promising you are not realistic. What affect most victim is our greediness, What is too good to be real can't be real. Imagine when one is expecting money from what you never do or expecting to make thousands of dollars with just few dollars.

[Sticky Bomb]

Most scammers don't come with huge profit projects anymore, they've learned their lessons now and approach with what is called low hanging fruits. They use interesting projects that looks so real that you'll hardly suspect anything fishy.

Most of them are very patient and take their time to develop a sense of need for their product in you before luring you to the dungeon.

The thing is this. Verify every action involving websites and social media. You can use scamvoid.com or other reputable scam websites detectors to validate a site's authenticity(use move than one for better results and comparison). Also you can check for any company on a recruitment process with you on linkedIn and observe their history of activities, page engagement and the plan they're using(premium plan more preferable) to help with your conviction.

We have to be wiser and move informed because scammers are upgrading themselves everyday

[Adams0001]

One of the things you need to understand about cryptocurrency especially bitcoin is that nothing is 100% free, if you are given a link to register for you to earn free Bitcoin you need to avoid opening the link that was sent to you then block such person because the easiest way scammers get their victims is through offering them links where they claim they can give you free coins once you register.

Scammers will always appear like helpers helping you to get things that will be useful to you so once you come across a stranger online or offline who is interested in helping you with an issue relating to either your wallet or someone claiming to be an expert in a particular investment platform you are already discussing with a scammer so always be smarter than them and avoid free things if you don't want to be scammed.

You are right, Many scammers used bitcoin to deceive people by telling them that if they click the link and try to refer people to it, they will receive free bitcoin which is a scam, because nothing comes for free you must work hard and achieve your goals. By referring people to the link, they will gain access to people's phones and scam them. Scammers use a variety of tactics to defraud people, and if you lack information and intelligence, you will undoubtedly fall victim to them. To avoid all of this fraud, simply secure your entire wallet with a powerful key that no one will be able to access if they attempt.

By enabling 2FA on your wallet, I am confident that scammers won't gain access to it, except for the Gmail you used to open it. This is why it is best to hide your activities online by not telling them, as some will attempt to hack what you are doing and steal your money. We should quit waiting for free money instead, we should work hard and earn money. By working hard, you will become very knowledgeable, and any scammer who comes to deceive you about anything free will be uninterested since you acquire what you want without begging or waiting for free funds.

[CryptopreneurBrainboss]

Scammers will always appear like helpers helping you to get things that will be useful to you so once you come across a stranger online or offline who is interested in helping you with an issue relating to either your wallet or someone claiming to be an expert in a particular investment platform you are already discussing with a scammer so always be smarter than them and avoid free things if you don't want to be scammed.

To begin with, how did the scammer know that you have an issue. If you ask a question on the forum, don't leave your DM open to anyone. Anyone trying to help has to do it openly on the thread to avoid getting tricked to click on malicious links and lose your coins. Getting contacted by a random users claiming to help you become rich should be a red flag and you should immediately block anyone trying to help you without you asking for their help. Dem say if you no protect yourself, nobody go fit help you protect am. You first have to be interested in helping yourself before you get that help so make we dey always dey cautious and vigilant and we no go be victim.

By enabling 2FA on your wallet, I am confident that scammers won't gain access to it, except for the Gmail you used to open it. This is why it is best to hide your activities online by not telling them, as some will attempt to hack what you are doing and steal your money. We should quit waiting for free money instead, we should work hard and earn money.

2FA doesn't guarantee your safety when you have them linked to Google cloud and most people are making that mistake. Anything Google self no dey a 100% safe because of their frequent problem with breaching customer privacy. There are better alternatives wey you fit use for 2FA but better make use of non constodial wallets that you need your seed phrase to access anytime wey you wan log in. Make we dey avoid centralized wallets as they're of no good but just a disaster waiting to happen.

[rachael9385]

Because of the increase in the financial leverage of Bitcoin and cryptocurrency a lot of fraudster are budding under the umbrella of Bitcoin and cryptocurrency to scammer people especially those who are not much grounded and knowledgeable of Bitcoin and cryptocurrency like me. Instance, some fraudster will send you a link through WhatsApp, Facebook and other social media telling you to click the link to register for cryptocurrency and Bitcoin with hope of making much money from the link but immediately you click the link they will access to all your information and then use hack your account and be using it for their fraudulence activities or better still scammer the you.
So if I may ask, how can we identify this kind of fraudsters?

As a crypto beginner you be, you no need take advise from anyone wey dey social media because there nah were scammers them plenty. As a beginner, if you take any advice from somebody for social media nai be say one day them to scam you, even if no be the ones wey dey give you dey advise nai scam you another person go scam you because you go think am say others dey like the adviser.
Scammers nah set of pipo wey go just come into your DM uninvited and start to dey tell you about something wey involve investment and me and you know say no free money anywhere. Their intentions just dey to scam you, which means if you give them any listen ears you done already fall for their scam/trap. So the best thing to do when you witness something fishy nah to just block them ASAP or report the account before blocking if necessary.
And make you also use different Patterns lock guide your wallet and seed phrase,, then make you also dey careful with the send button for your wallet because there nah the easiest way to give away your coins by your self.

[GiftedMAN]

Scammers will always appear like helpers helping you to get things that will be useful to you so once you come across a stranger online or offline who is interested in helping you with an issue relating to either your wallet or someone claiming to be an expert in a particular investment platform you are already discussing with a scammer so always be smarter than them and avoid free things if you don't want to be scammed.

To begin with, how did the scammer know that you have an issue. If you ask a question on the forum, don't leave your DM open to anyone. Anyone trying to help has to do it openly on the thread to avoid getting tricked to click on malicious links and lose your coins. Getting contacted by a random users claiming to help you become rich should be a red flag and you should immediately block anyone trying to help you without you asking for their help. Dem say if you no protect yourself, nobody go fit help you protect am. You first have to be interested in helping yourself before you get that help so make we dey always dey cautious and vigilant and we no go be victim.

After asking questions in the forum and getting so many comments there are some people that may decide to add to what the people have already suggested just to help the person understand better a lot of them may not be scammers but scammers can also use the strategy to get access to the person and for someone who is a newbie in the cryptocurrency
Investment will definitely share his problems to a total stranger if he's not aware of scam with that scammers may build good relationships with him then scam him as time goes on.

A lot of people have also been scammed through random messages they received from Whatsapp, this scamming of a thing goes a long way because this people are professionals in the scamming business and if you are not very smart to identify them they will may have scammed you before you realized who they really are. Being on steady vigilant and paying no attention to unknown online helpers will help us to minimize losses as a result of scam and scammers.

[RockBell]

To me I think the answer to this question is that we should be careful and pray not to experience or fall victim cause it's not easy to detect or notice that a particular person is a fraudster because it won't be written on there face or there profile. And been able to detect a scammer doesn't just require only Bitcoin or crypto knowledge cause if we want to take in that dimension I think some expertise in crypto has fall prey, my question now is that, is it that they don't have knowledge on this ( Crypto) the answer is they have knowledge but sometimes it just happened like an accident perhaps I think Bitcoin knowledge will only help one to overcome those basic way scammers come inform of. Note most scammers studied before executing anything so it is very difficult to observe them.

Aside the prayer you can be able to avoid been scammed you just have to be extra careful, because a lot of people re not always careful they don't even ask question all they want is result and in the process of focusing on the result they miss important information that will help them not to get scammed, so to some extent their are still ways to be very careful of, and some you wont even see their faces, sometimes you will even see numerous calls from telegram, all claiming that they have a good investment to offer this are things you will take note of when you take note of to be able to detect some scams. and the issue is they are always developing a lot of strategies on how to extort money from their clients. and a lot of people are still falling victims of this scammers and they will now give a different meaning to bitcoin just because of their own insecurity. and scam is not only done in the bitcoin world, we just have to be very very mindful how our daily life and not to lose guard that is the most important.

[cryptobest4all]

It’s not so easy to identify scams sometimes I would say anything that sounds too good to be true is not real or any investment that promises quick returns or 100% profit is likely to be a scam. Also if an unknown person messages you all of a sudden telling you about an investment that will bring you profit in a short period is also a red flag, so treat any message from any social media platform about a certain investment as scam, never click links from an unknown source, some are been sent via email they are very risky.

There are several red flags we can use to identify scams but ignorance will always make people fall victim to scams sometimes all we have to do is make research online to educate ourselves better. A lot of people will give your information on how to identify scams but i still think you should carry your own research about how to identify scams to widen your knowledge more. A simple search on google would do.

It's pains when you learn about a scam after being a victim. Scam can come in different ways and sometimes it may look difficult to identify if one isn't patient enough to look into it. These days scammers are more wiser and they come out with different tricks everyday in other to scam innocent people. Scamming doesn't come alone by hacking your wallet, it is also extended into creating fake projects. Alot of token are made on daily basis. Not all this projects worth buying. Even most of them turn out to be scam. Identify a scam project here needs alot of research. Imagine buying a project which is honeypot(coded wrong by DEV so that it can't be sold). All money made through this project goes to the pocket of the DEV alone.

[Roseline492]

The thing is that it takes only someone that has a good cryptocurrency knowledge to be able to identify or I have a doubt if they are being lured into wrong investment by scammers,

I agree with you that it takes someone who's knowledgeable about Cryptocurrency to be able to spot a scammer though scammer may come with different strategies to decieve people but someone with a good knowledge about Cryptocurrency won't be easily convinced or lured into making wrong investments only Newbies with little knowledge would easily fall victim.

 Some people instead of making research about a project would just jump into it with the high quest of making money, those are the people these scammers are after, those that would quickly rush to click a link they know nothing about and register immediately not knowing that they're exposing some details to this scammers to get access to their documents.

 Most times these scammers would come up with fake airdrops that looks very legit at first and after acquiring their fake token through task they'll request you pay certain fees to claim your airdrops those are the kind of scams people should note of and avoid them totally.

One of the funny thing is that even if someone decided to conduct a research about a particular project to know if they are real or not, if you are not careful sometimes it cannot even prevent the person from being scammed because there are scammers who normally disguised themselves to be an existing projects conducting a normal airdrop or selling there coin on more affordable price and when you click on the links to no if they are real it takes you directly to the project main site and if you are not careful you would be convinced that they are real and start participating, however someone has told me there experience about similar situation on how scammers develop a fake contract address and offering to deploy an existing coin to people after participation, so it was when she conducted her research she discovered that there contract address was different from the project they claim to be.

[HajiBagi]

One of the fastest way is to check out their promises, most scammers often offer very huge profits to persuade people to want to buy their token and they sometimes leave loopholes in their whitepaper, there are many cases of scammers using palagrised whitepaper and that's is also another way to know, sometimes you can find then using fake profiles as their team members.

I agree with you, the fastest way to identify scammers is the promise of what they also don't have, no one can promise like a scammer because they can promise you that you will get times ten of what you invest with them, they are very smart when speaking with you just to make sure you fall into their trap, to identify scammers is not hard even from their chat you will know, scammers are the one who will message you or text you, they will send you a link about some investment and also explain to you to make you believe and have interest for it.

Those who fall into the scammers trap are those who are very greedy, those who always want to be part of anything that a person can earn profit, to earn a profit is not a bad thing but we should know the kind of investment or project we will involve and earn a profit, clicking on every website have put some people in a problem and we should not let what has happened before to another person to repeat itself, we need to be wise when we are online.

[CryptopreneurBrainboss]

To identify scammers is not hard even from their chat you will know, scammers are the one who will message you or text you, they will send you a link about some investment and also explain to you to make you believe and have interest for it.

Na we just dey ignore all the warnings because of our greed to make money, scammers  dem dey loose guide and expose themselves but we go comot eye like say we no see am with hopes say if e go pay atleast the minimum one time cashout, we go dey alright.

Make we reduce our expectations and we no go dey get hungry eye, we never get the experience but we wan dey celebrate victory. Just few months in and we wan knack millions in profits. Na all this things dey make us become victims. You dey do something and you smell something fishy but you no go raise alarm instead you wan keep quiet.

After we come get scammed, we no dey speak out but hold am for our mind and others too fall victims. Having this habits no good. Make we be our brothers keeper even though our own dun spoil . Report scams when you encounter them so you can save others and lastly, make we no dey ignorant of learning new things to stay update because na who no get updates na person wey dey fall mugu be that.

[EluguHcman]

So if I may ask, how can we identify this kind of fraudsters?

Scammers are everywhere and it is rare to identify them. Your neighbor, family and even loved one can scam you on one-on-one before you realizes and they could also play anonymous in the sense that you would not even know that someone closed to you is responsible of you victimization.

In other to stay away from scammers, you must not trust anyone in both online and offline too easily, always make your research and verify from different sources before keying you to where you feel some phishing intentions.

Be aware that scammers would disguise their selves to an extend of believing them more than a trusted one that is we need to consult at all times of being amidst learning new things about cryptocurrencies.