Don't fall for such easy scams

[Alone055]

People can fall for it, a lot of people actually. It's hard to believe, but there are a lot of people who believe that they can make quick money from crypto and that it is indeed a get rich quick scheme. Now imagine coming into this industry to find this offer from this fake trading website, they'll grab it with two hands and fall victim to it. There are quite a lot of stupid scams out there, but if there were no victims, the scammers wouldn't bother anymore, but they still do; so they indeed do get victims.

You are right. The cryptocurrency industry is getting extremely saturated when it comes to the number of people who are in it and how many are joining with each passing day, and as you mentioned, most of these people think that cryptocurrencies are a shortcut to richness. They think they can earn life-changing amounts of money from this industry, and this thought process becomes their enemy in cases where scammers offer victims very high returns, and the victims, being new to the whole thing, think that they are getting their lives changed from this.

Another big problem is that such people don't listen to advice, no matter how many times they read online, from this forum, social media, or in any other place, they will still make the same mistakes and lose their money, some wouldn't even understand if you explain it to them face-to-face.

So, you are right, no matter how advanced the world might become, there will always be some people who would become victims of scams.

[Rustam Meraj]

You are right. The cryptocurrency industry is getting extremely saturated when it comes to the number of people who are in it and how many are joining with each passing day, and as you mentioned, most of these people think that cryptocurrencies are a shortcut to richness. They think they can earn life-changing amounts of money from this industry, and this thought process becomes their enemy in cases where scammers offer victims very high returns, and the victims, being new to the whole thing, think that they are getting their lives changed from this.

Another big problem is that such people don't listen to advice, no matter how many times they read online, from this forum, social media, or in any other place, they will still make the same mistakes and lose their money, some wouldn't even understand if you explain it to them face-to-face.

So, you are right, no matter how advanced the world might become, there will always be some people who would become victims of scams.

Many people are joining cryptocurrency market hoping to get rich quick. Mostly believe scams that promise unusually high returns and end up with losing money. Sadly these people mostly ignore good advice and warnings even when shown clear proof and explained in person. It is worrying fact that no matter how much technology and education improve some people will always fall for scams. We need to keep warning people and encouraging them to think critically hoping that some will learn from others mistakes and invest more wisely. And if anyone get scammed by any source so they should share their stories so this will help others.

[LogitechMouse]

Same old tricks but unfortunately, there will be some newbie who will fall into this kind of scam.

It's an old way, but scammers are still using it. Why? Because it's effective. There will always, and always be newcomers that will feel happy that they see a free 0.043 BTC on their screen as they register. Well, the good thing though is that there might be some out there who doesn't even have 0.025 BTC holding hence, they'll just forget about this one because at first place, they did nothing aside from registering. I believe that only a few will fall to this.

I always believe that investors are becoming more intelligent every single day, and although many are still falling to these types of scams, I think that those who got scammed once learned from their mistakes hence, they will not fall for it anymore.

[bestcandy]

Just like the title says, I was back testing some regular trading sites today. And I saw a pretty interesting one which caught my attention. They had claimed to give free 0.043 BTC upon registering as a welcome gift. I was thrilled and wanted to see for my self.  I followed through their sign up process, using some random emails I just maneuver,and it registered me without any verification. So yes, it was true. I saw the 0.0043 BTC welcome bonus. And wanted to try if it were withdraw able. I already knew the only out come of this, which was obvious from the very beginning. I clicked on withdraw and added an address I don't use. And then I burst out of laughter to see that they had requested a deposit of 0.025 BTC before I would be able to withdraw the bonus. It was so obvious a scam but I wonder if there will still be someone so stupid to fall for such lazy scams. There might be people though, our of greed rush into depositing and eventually funds out it is just a scam. So I just wanted to bring this to the forum so someone might learn something from it. Don't be in a haste to make money, always remember that there isn't any free money on the internet. Noone will give you such huge amounts of BTC for free.

I have some pictures I screenshoted from the website, I would love to share but I really don't know how to post pictures on this forum. I see a lot of people adding pictures to their threads but how do I do that? Anyone care to show me so I can edit this post and add it here also for you guys to see.

Here the link to the website.

https://sunxtrade.com/en

One of the reason why some people fell victim of scamming is greed, inexperience and inadequate information because they want to make it to the top using shortcut without due deligente but if truly one is equiped with adequate information and experience it will be very had to fall victim of scam. I'm so impressed that you were smart enough to be able to put a precautionary measure on your experience if not you would have fell to the scam.

[knowngunman]

I clicked on withdraw and added an address I don't use. And then I burst out of laughter to see that they had requested a deposit of 0.025 BTC before I would be able to withdraw the bonus. It was so obvious a scam but I wonder if there will still be someone so stupid to fall for such lazy scams. There might be people though, our of greed rush into depositing and eventually funds out it is just a scam.

This is one of the cheapest scam I have come across in recent times but just the way you said some people might still fall for it due to greediness. I have seen something similar to this before but my own was a different approach that allows you to deposit freely but puts a requirements for your withdrawal that can never be met. It was also a trading platform with a favorable price for arbitrage.

The scam here is very obvious because it is like a ponzi where you invest and make double profits of your investment. The difference between the bonus and what they ask you to deposit is double and you don’t need to perform any task. You don’t need a seer to tell you it’s a scam. Falling for this is not actually ignorance, it is foolishness.

[ultrloa]

You are right. The cryptocurrency industry is getting extremely saturated when it comes to the number of people who are in it and how many are joining with each passing day, and as you mentioned, most of these people think that cryptocurrencies are a shortcut to richness. They think they can earn life-changing amounts of money from this industry, and this thought process becomes their enemy in cases where scammers offer victims very high returns, and the victims, being new to the whole thing, think that they are getting their lives changed from this.

Another big problem is that such people don't listen to advice, no matter how many times they read online, from this forum, social media, or in any other place, they will still make the same mistakes and lose their money, some wouldn't even understand if you explain it to them face-to-face.

So, you are right, no matter how advanced the world might become, there will always be some people who would become victims of scams.

Many people are joining cryptocurrency market hoping to get rich quick. Mostly believe scams that promise unusually high returns and end up with losing money. Sadly these people mostly ignore good advice and warnings even when shown clear proof and explained in person. It is worrying fact that no matter how much technology and education improve some people will always fall for scams. We need to keep warning people and encouraging them to think critically hoping that some will learn from others mistakes and invest more wisely. And if anyone get scammed by any source so they should share their stories so this will help others.

Either they just got that wrong information somewhere since there are lots of people online flaunting their wealth then say that they easily got that money from crypto. But when those newbies got curious about trying out what those people telling to them they found out the harsh truth about how hard to earn money on crypto and there's a lot of scams happened.

Sometimes people decide to participate on those scams since they think that if they became an early adapter or investor of certain project they can earn huge from it. Also there are people who try to market those scams sites for wanting to earn from referrals that's why this scamming attempts would never end since there are people who's willing to take a risk since they think they are risk taker and confused about the real meaning about "high risk, high rewards sayings" and they think if they risk big on those scams they can earn huge money to.

[Su-asa]

I clicked on withdraw and added an address I don't use. And then I burst out of laughter to see that they had requested a deposit of 0.025 BTC before I would be able to withdraw the bonus. It was so obvious a scam but I wonder if there will still be someone so stupid to fall for such lazy scams. There might be people though, our of greed rush into depositing and eventually funds out it is just a scam.

This is one of the cheapest scam I have come across in recent times but just the way you said some people might still fall for it due to greediness. I have seen something similar to this before but my own was a different approach that allows you to deposit freely but puts a requirements for your withdrawal that can never be met. It was also a trading platform with a favorable price for arbitrage.

The scam here is very obvious because it is like a ponzi where you invest and make double profits of your investment. The difference between the bonus and what they ask you to deposit is double and you don’t need to perform any task. You don’t need a seer to tell you it’s a scam. Falling for this is not actually ignorance, it is foolishness.

Yes it's the cheapest scam by you but it's funny that some people will still fall for such scam. (It's terrifies) However greed is what will make someone to fall for the scam because always they want to make profits, this forum is enough to get any solution we want about crypto currency. Sometimes I browse the internet and most of the times I Bitcointalk as one of the site that answers the questions I want. For someone to message you on their own telling you that they can help you make profits but you must send a cent first shows that it's a scam, and someone will still fall for it because there are crypto newbies everywhere on social media.

[Ojima-ojo]

Share a few screenshots to let us have clearer picture of what you are saying, but then, this is a known scam right from time, any site that promises free money upon registration is absolutely an attempt scam and you should run away from such a site for your own safety, the main target is your deposits and once you make that deposits, they will stop answering you and even block you out of the site.


That bonus was just a trap and a mirror figure it doesn't have any record on the Blockchain to register it value and actual worth, just take your mind away from this and thank goodness you didn't make the deposits as demanded.

[sunsilk]

That bonus was just a trap and a mirror figure it doesn't have any record on the Blockchain to register it value and actual worth, just take your mind away from this and thank goodness you didn't make the deposits as demanded.

It wasn't a bonus at all. There's no bonus, it's all an illusion that these tricksters trying to convince their potential victims.

I guess that we'd never stop seeing these types of scams circulating in the world because that's how these scammers are also going on with what's the trend.

Their main capital is the greed of people that can be found when they see the amounts they're thinking are legit but there's no money from the actuality they'd give and they're all coming from thin air.

[Alpha Marine]

Initially, I used to think it was just greed that made people fall for this kind of scam, but now I've come to see that it's also people who don't know much about crypto and bitcoin but are interested in it probably because they have seen people talking about it or making money from it but they don't know how to go about it.

I have this family member who knows I'm into Bitcoin, he lives in another city very far from me, he called me yesterday that he has gotten Bitcoin and that he needed my assistance on how to sell it and withdraw the money. I was confused, I asked how he got and he could say, I asked what wallet or what exchange is his Bitcoin but he said it was Cryptomania. I asked for a screenshot of the bitcoin in the exchange and that was when I found out that it was a trading simulator app. An app just like a demo trading account. I had to educate him that it's just a demo account and he can't withdraw the money.
Now if a person like that is asked to deposit 0.025btc before he can withdraw whatever bitcoin he earned, he most likely might have done so.

One thing we shouldn't do is ignore the red flags. 0.0043 BTC is like $280. I'm sorry but no exchange gives out that amount of money for free. The exchange that even gives a Signing bonus is around $20 and even that is not withdrawable. That money is used to pay for fees when trading on their platform. When it's too good to be true, that's a red flag.

[Nwada001]

When a website offers a lot of free money without checking who you are it is probably scam. Website you mentioned is scam and they want you to send them cryptocurrency before you can get bonus. This is trick to get your money. Some people may still fall for it because they want money quickly or do not know better. By the way your story is warning to be careful when websites offer you something for free. And thank you for sharing your experience and warning others. By the way I did not open the link because it is looking a phishing scam link.

Even if the website asks for information about who the person they want to give the free money to is, that does not guarantee it not to be a scam because there is no free money anywhere on the internet, especially for such a large amount of money.
 
Even asking for the person's information is a double scam for them, as they can also sell out the user's data to those who will need it when ever necessary, and the data can be used for anything without the real owner's notice.

[ThemePen]

Cryptocurrency industry is very crowded with many people hoping to make a lot of money quickly. This way of thinking makes them easy targets for scams as they are attracted to promises of unusually high profits. Sadly these individuals mostly ignore advice and warnings even when shown clear evidence and explanations. This refusal to listen and lack of understanding lead to financial losses and disappointment. It is sad truth that despite progress in technology and education some people will always fall victim to scams. Industry overcrowding and get rich quick attitude create perfect opportunity for scammers to take advantage. It is important for experienced individuals to continue sharing warnings and advice to help minimize these problems.

[Sebas.tian]

I don't use to involve myself to any free giveaway in this community, because that is the best strategy scammers used to convinced people from the community to scam their coins, which is what was about to happen to you, but you noticed some  scam plan that make you to escaped from the scammers. Thank you for sharing it in this community for those beginners looking for shortcut to earn coins to know that there are scammers in the community using that strategy, and this information will help them to avoid them when they come across such in the future. I know that the scammers will come up with new strategy in this community, but they will definitely be expose again because people understand their strategy very well.

[GeorgeJohn]

This is not a new scam. They will tell you to register that they will give you  some coins. You will register and you will see the coins. But you do not have the private key and it is just a number and not any coins. It is just a fake coin that you can not withdraw but it will display that you should pay an amount of money before you will be able to withdraw the coin. If you deposit the money, you have been scammed.

there is uncertain thing that is happening in cryptocurrency generation which whoever that is a beginner in cryptocurrency have to take an absolutely precaution of scam so that it will not be victims of it, I know very well but crypto currency scam is everywhere and it will take you time to figure out that this particular thing is not right way of investing in Bitcoin but I acknowledge the fact not many people have notice all those their dimensions and they strategic ways to scam people so anyone who does not observe well in some of the investment platforms will be scammed because is unaware of scam.

[Distinctin]

Same old tricks but unfortunately, there will be some newbie who will fall into this kind of scam.

It's an old way, but scammers are still using it. Why? Because it's effective. There will always, and always be newcomers that will feel happy that they see a free 0.043 BTC on their screen as they register. Well, the good thing though is that there might be some out there who doesn't even have 0.025 BTC holding hence, they'll just forget about this one because at first place, they did nothing aside from registering. I believe that only a few will fall to this.

I always believe that investors are becoming more intelligent every single day, and although many are still falling to these types of scams, I think that those who got scammed once learned from their mistakes hence, they will not fall for it anymore.

This old trick seems still effective simply because newbies come in the market are mostly greedy and aggressive with instant profits, and until they get scammed, that's the only way they will realized that there are no free or instant profits in the market.

But as long as there will always be newbies coming in the market who doesn't care learning from the experience of old investors, scammers will definitely use this old trick to play with these newbies and lose all their money.

[HajiBagi]

Nothing those scammers can not do just to make sure they get your attention, it will be very good if we all clear our eyes and be careful of things like airdrops and that kind of stuff that pays quickly, no cryptocurrency pay fast unless you are lucky with the way the market come at the moment, don’t believe in anything that asks you to deposit money before you can able to withdraw from it, thank god you even use a fake wallet address to taste it and you are right by doing that, I don’t believe in any airdrop that asks for money before I can be able to withdraw or anything that concerns investing money and within 24 hours I will have a good profit.

Every country is full of scammers and we need to be careful most especially the newbies who are learning how to invest, pls be careful and anyone is free to ask questions that he or she don’t understand so that no one can cheat you, investing is not a small thing so let be smart and secure our wallet from those who are trying to steal what doesn’t belong them.

[Natalim]

People can fall for it, a lot of people actually. It's hard to believe, but there are a lot of people who believe that they can make quick money from crypto and that it is indeed a get rich quick scheme. Now imagine coming into this industry to find this offer from this fake trading website, they'll grab it with two hands and fall victim to it. There are quite a lot of stupid scams out there, but if there were no victims, the scammers wouldn't bother anymore, but they still do; so they indeed do get victims.

Greed will make people fall for it, unfortunately most of the newbies who come in the market are greedy for money. Even if we all know nothing comes free in this world, still the thought of having it effortless is still there. And once these people get scammed, that’s probably the time they will realized their mistakes. Scammers won’t continue to scam without these innocent victims, so the fact that until now this old kind of scam is still happening, meaning they still find target victims using this old trick.

[Baki202]

One of the reason why some people fell victim of scamming is greed, inexperience and inadequate information because they want to make it to the top using shortcut without due deligente but if truly one is equiped with adequate information and experience it will be very had to fall victim of scam. I'm so impressed that you were smart enough to be able to put a precautionary measure on your experience if not you would have fell to the scam.

inflation and many more have driven people into greed and they are no longer contented with what they have they are always wanting more and when you want more and you are looking inside the wrong place then, what do you expect than to get scammed their are things to good to be true, especially in crypto when you get a lot of messages that are to good to be true they like using investment and trying show show their victims evidence of how they have been making money in that investment. their is no shortcut to making money, you have to just be real and face reality, but people want to perform magic when it comes to investment so not everything you will do when it comes to investment.

[erep]

I don't use to involve myself to any free giveaway in this community, because that is the best strategy scammers used to convinced people from the community to scam their coins, which is what was about to happen to you, but you noticed some  scam plan that make you to escaped from the scammers. Thank you for sharing it in this community for those beginners looking for shortcut to earn coins to know that there are scammers in the community using that strategy, and this information will help them to avoid them when they come across such in the future. I know that the scammers will come up with new strategy in this community, but they will definitely be expose again because people understand their strategy very well.

We should avoid joining airdrop or other programs that require us to deposit first to reach the withdrawal amount, this case is clearly a scam but many victims, even though the fraud method is classic and outdated, are too obsessed with high withdrawal amounts and they don't realize they have been deceived. so they will wait for the withdrawal process to be successful, even though the project party does not transfer any withdrawals and they only want to steal the customer's money that has been deposited.

[Taskford]

I don't use to involve myself to any free giveaway in this community, because that is the best strategy scammers used to convinced people from the community to scam their coins, which is what was about to happen to you, but you noticed some  scam plan that make you to escaped from the scammers. Thank you for sharing it in this community for those beginners looking for shortcut to earn coins to know that there are scammers in the community using that strategy, and this information will help them to avoid them when they come across such in the future. I know that the scammers will come up with new strategy in this community, but they will definitely be expose again because people understand their strategy very well.

We should avoid joining airdrop or other programs that require us to deposit first to reach the withdrawal amount, this case is clearly a scam but many victims, even though the fraud method is classic and outdated, are too obsessed with high withdrawal amounts and they don't realize they have been deceived. so they will wait for the withdrawal process to be successful, even though the project party does not transfer any withdrawals and they only want to steal the customer's money that has been deposited.

That's not airdrop anymore if there's minimum deposit involve since we can call that as investment. People should avoid to get fooled in that schemes since this action is usually made up by scammers. If they are interested with airdrops they should participate on legitimate programs which doesn't required their money especially their private key. This scheme is not new and there's a lot of post or articles posted to warn people regarding on this methods used by scammers so hopefully they take time to research before participating on anything they are not familiar.

Legitimate airdrops only require people to do some task for them and no other thing that can cause people harm. If they found out that the one they see is risky, better leave so they could able to save their money and effort on those scams.