Anyone can fall victim to crypto scams

[odunybiz]

Greed is the main reason why there are still people who fall to a scam even though they know that are a lot of scammers. Since there are a very few things that are free where you really get money and as a result that person become greedy and will find another the same thing until he/she falls to a person who is a scammer. If a person is not greedy then he/she won't fall to a scam or even get interested in free coins. My journey in crypto, if there's something that let you get free coins is that there's always a task that you should complete and there's no task that asked you to give seed phrase as it is completely scam.

You are right that being greedy is the main reason why people get scammed but sometimes being ignorance can be an added factor. Imagine one running an airdrop with your main wallet. Performing task during airdrop doesn't guarantee ta project to be scam free. Imagine one mistakenly log into a website made by scammers instead of the web of a good project. So being ignorance and careless can play a role here.

[Ever-young]

Greed is the main reason why there are still people who fall to a scam even though they know that are a lot of scammers. Since there are a very few things that are free where you really get money and as a result that person become greedy and will find another the same thing until he/she falls to a person who is a scammer. If a person is not greedy then he/she won't fall to a scam or even get interested in free coins. My journey in crypto, if there's something that let you get free coins is that there's always a task that you should complete and there's no task that asked you to give seed phrase as it is completely scam.

Greed can really do a lot right? One thing it does is to cloud one’s rational thinking and judgment, it becomes so clouded that you can’t even think about certain actions before taking them, as long as you see an opportunity to become rich, even when it already appears that it’s too risky to get involved, even when others take out their time to actually warm you about the risks, greed will make you ignore all the risks and advise and make you proceed without caution.

[Baki202]

You are right that being greedy is the main reason why people get scammed but sometimes being ignorance can be an added factor. Imagine one running an airdrop with your main wallet. Performing task during airdrop doesn't guarantee ta project to be scam free. Imagine one mistakenly log into a website made by scammers instead of the web of a good project. So being ignorance and careless can play a role here.

People are actually very greedy and they need to fix there self before any other thing because what most of this scammers presents are not even real so like why bother your self about, but people will want to take there chances and this is why you need to educate your self and be prepared so that when ever you encounter any issue of any form of false proposal you will be able to address it on time because the mistake people make is they don't have knowledge so it is more difficult for them.to actually be able to discard does false claims.

There is no gurantee in does airdrops but you can not really be able to actually tell so you just have to particular in other not to miss out. It was a great example and this is why it is very relevant when you, do what is right. And what ever website you are operating you have to make sure it is the original and there things that if you don't take your time to accept learn then it will be a big challenge because people can not even tell the difference, especially when it comes to some website.

[Y3shot]

Cryptocurrency scam is not meant for beginners of this community only, it's something general that we need to know that some investment some of us who into crypto investment, should have know that is not all investment in crypto is a legit one, we have different scammers in different places, is not only the newbies that is supposed to be careful of scammers but generally all of us, I know that people get scammed on something that they're interested to get..and that's why many people is victims of scam, everyone supposed to be vigilant of scam.

Anybody can fall victim of scam either cryptocurrency or any valuable asset but I think the reason why people become victim of scam is because of greed which has made them to be too quick to act without making any finding if it is reliable or not. I jo it is possible for anyone to fall scam but beginners are the most targeted because they know nothing they are ignorant of many things and their desire for valuable things is high. Most people are able to control greed after they might have fallen for scam many times.

[adultcrypto]

Cryptocurrency scam is not meant for beginners of this community only, it's something general that we need to know that some investment some of us who into crypto investment, should have know that is not all investment in crypto is a legit one, we have different scammers in different places, is not only the newbies that is supposed to be careful of scammers but generally all of us, I know that people get scammed on something that they're interested to get..and that's why many people is victims of scam, everyone supposed to be vigilant of scam.

Anybody can fall victim of scam either cryptocurrency or any valuable asset but I think the reason why people become victim of scam is because of greed which has made them to be too quick to act without making any finding if it is reliable or not. I jo it is possible for anyone to fall scam but beginners are the most targeted because they know nothing they are ignorant of many things and their desire for valuable things is high. Most people are able to control greed after they might have fallen for scam many times.

If big organisations and government agencies can be hacked swindled by scammers, I don't think how targeting a particular person. Anyone can pose to be anything on social media, and a great percentage of humanity fall into the category that wants to become rich by pulling others down. Thus is the reason there are many scammers and those that have made scamming others a lifestyle. We just need to be extra careful of different style scammers use because they are many.

[Joy- maker]

I see people relating crypto scams to newbies only but the honest truth is that scammers feed on people's ignorance, not only that but greed as well, therefore anyone can be a victim, not only newbie. Well, newbies are their easiest targets cause their ignorance makes them very vulnerable but their are some newbies that are very smart and careful online not to lose money to scammers.
 Although some can easily be fooled online. For instance, someone was scammed through releasing his passphrase, the scammer told him that he'll be gifted free coins but he'll have to drop his passpharse and out of ignorance he released it to the scammers and the rest of his coin in his wallet was history you'll be suprised how easily such person got scammed but think about it greed could play a role to that.
 Maybe the free money he was offered was very huge that he couldn't decline, maybe he might be ignorant but their are people even those with better understanding of the implications of releasing their passphrase that would overlook the implications and release their phrase to the scammer out of greed, everyone just needs to be more careful and avoid being greedy cause many have been scammed due to greed both ignorant and experienced crypto enthusiast.

sincerely speaking it is not everybody that can fall victim to crypto scams, those who are already experienced investors in the crypto space cant make themselves vulnerable to scams and frauds in the crypto space, because you can't expect someone who  have spend years in the crypto space to fall pray to crypto scam.
People I think that can be vulnerable to crypto scams are newbies who are coming into the crypto space, because they have little or no experience about the crypto space that's why they easily make themselves available to crypto scammers.

[Kristiyana]

I see people relating crypto scams to newbies only but the honest truth is that scammers feed on people's ignorance, not only that but greed as well, therefore anyone can be a victim, not only newbie. Well, newbies are their easiest targets cause their ignorance makes them very vulnerable but their are some newbies that are very smart and careful online not to lose money to scammers.
 Although some can easily be fooled online. For instance, someone was scammed through releasing his passphrase, the scammer told him that he'll be gifted free coins but he'll have to drop his passpharse and out of ignorance he released it to the scammers and the rest of his coin in his wallet was history you'll be suprised how easily such person got scammed but think about it greed could play a role to that.
 Maybe the free money he was offered was very huge that he couldn't decline, maybe he might be ignorant but their are people even those with better understanding of the implications of releasing their passphrase that would overlook the implications and release their phrase to the scammer out of greed, everyone just needs to be more careful and avoid being greedy cause many have been scammed due to greed both ignorant and experienced crypto enthusiast.

sincerely speaking it is not everybody that can fall victim to crypto scams, those who are already experienced investors in the crypto space cant make themselves vulnerable to scams and frauds in the crypto space, because you can't expect someone who  have spend years in the crypto space to fall pray to crypto scam.
People I think that can be vulnerable to crypto scams are newbies who are coming into the crypto space, because they have little or no experience about the crypto space that's why they easily make themselves available to crypto scammers.

Of course those who are very deep in this crypto space don't fall victim to scammers so easily that's for those that are not greedy, because sometimes the reason why most of this experienced investors easily fall victim to scammers is due to greed. This is why most people think that everyone can fall victim to crypto scam without knowing that is due to thier greediness that made them fall victim to crypto scam. talking about newbies you know most newbies can be smarter than most of this experienced investors so whether you're experienced investors or not so far as you're greedy definitely you will fall victim to crypto scam,and  there's no two ways about it.

[SmartCharpa]

Everyone can become a victim, but I've never seen somebody who understands what could happen if they give someone else their seed phrase and share it. It is not just newbies that become victims, even those who have some experience in the crypto field can get scammed, it all depends on how smart you play with the scammers. Newbies are new to this forum, which is why many postings encourage them not to fall victim to scammers.

However, many individuals have been victims of crypto scams in the past and do not want newbies to go through the same thing. Some scammers do not even offer you more money than you have in your wallet, but greed leads many people to fall victim to a peanut. I have never been a victim online, and I don’t think I will ever be since I do not communicate with strangers online. That must be a lesson for him, and I hope he learns from this mistake.

[serjent05]

sincerely speaking it is not everybody that can fall victim to crypto scams, those who are already experienced investors in the crypto space cant make themselves vulnerable to scams and frauds in the crypto space, because you can't expect someone who  have spend years in the crypto space to fall pray to crypto scam.

I cannot say that this is entirely true that those who had been a victim can't be a victim again by another scammer.  There are people who never learn while they are stubborn in changing their belief.  I have known people who had been a victim of crypto scammer many times.  The problem with these people is that they are gullible and can't remove their greed.  They always look for a get rich quick scheme reason for them being scammed again and again.

To avoid being scammed, we must first remove our greed since it vague our reasoning.

People I think that can be vulnerable to crypto scams are newbies who are coming into the crypto space, because they have little or no experience about the crypto space that's why they easily make themselves available to crypto scammers.

In this case I agree with @OP, everyone is vulnerable to crypto scams, not only newbies.  There are scammers who are eloquent and often prey for those who have a soft heart, while other scammers are veterans in triggering people's greed.  There are cases where even educated people, and veterans in the industry get scammed so we should not be complacent because we are somehow knowledgeable in the crypto space.  We must always be vigilant and observant of things around us.

[odunybiz]

You are right that being greedy is the main reason why people get scammed but sometimes being ignorance can be an added factor. Imagine one running an airdrop with your main wallet. Performing task during airdrop doesn't guarantee ta project to be scam free. Imagine one mistakenly log into a website made by scammers instead of the web of a good project. So being ignorance and careless can play a role here.

People are actually very greedy and they need to fix there self before any other thing because what most of this scammers presents are not even real so like why bother your self about, but people will want to take there chances and this is why you need to educate your self and be prepared so that when ever you encounter any issue of any form of false proposal you will be able to address it on time because the mistake people make is they don't have knowledge so it is more difficult for them.to actually be able to discard does false claims.

There is no gurantee in does airdrops but you can not really be able to actually tell so you just have to particular in other not to miss out. It was a great example and this is why it is very relevant when you, do what is right. And what ever website you are operating you have to make sure it is the original and there things that if you don't take your time to accept learn then it will be a big challenge because people can not even tell the difference, especially when it comes to some website.

People most times are being carried away by the incentives the scammer are offering. Some are educated but somehow gullible that they hardly check on what was offer and how real it could be. If people can be careful online and check well any thing they are doing , it will help them not to fall into scam and this may make scammers to be reduced in the society when they see they hardly see people to scam.

[Zanab247]

Everyone can become a victim, but I've never seen somebody who understands what could happen if they give someone else their seed phrase and share it. It is not just newbies that become victims, even those who have some experience in the crypto field can get scammed, it all depends on how smart you play with the scammers. Newbies are new to this forum, which is why many postings encourage them not to fall victim to scammers.

What will make you to share your seeds phrase to someone you met online if not greed or ignorance of some people, because you know what will happen next when they have your seeds phrase in their hands. The only people that will fall victim to scammers are those that are looking for free things to earn big money  from the forum, because is another way scammers use to set traps to catch greed and ignorance people to fall victim to them.

Yes, newbies are new to this forum, but they need to pay attention to some trend where they use to expose those scammers strategies, and it will help them to have the knowledge on how to identify scammers anywhere.

[Ziskinberg]

Honestly, it’s easy to spot a scam especially if it’s done online. But here’s the truth, it could be very hard for those who are motivated with greed, and that everything that involves money, they will easily get deceived.

That’s why even old investors are still prone to that, because they are still driven by greed in all angles. And even if they have been scammed few months or years ago, that won’t guarantee that they won’t be scammed again. But somehow, at least they learned from that.

[Mrbluntzy]

On a scale of 1-10%, you will discover that 6.5% scam victims were greenhorns while just 3.5% were savvys, but somehow a few savvys made a slight mistake that resulted to big lose for them. This thread [https://bitcointalk.org/index.php?topic=5536900.msg65229757#msg65229757] is an example for everyone to learn from, the member is an experienced crypto user but just a slight mistake made him lost so much.
Newbies who have not known anything about all of the scam tricks would easily be deceived compared to an expert.

[Salahmu]

Honestly, it’s easy to spot a scam especially if it’s done online. But here’s the truth, it could be very hard for those who are motivated with greed, and that everything that involves money, they will easily get deceived.

You could be right but I was thinking the physical is the one that's easy to spot than online because on the first place is rare to encounter with them but the one I notice they have been doing on physical is sending fake traditional transfer for something they bought claiming it was successful and if the seller is not smart they're being scammed of the items, so that's it on physical that often occurs, but there are still other ones some people might be seeing more. but in terms of online just one mistake everything is gone, so actually online is not the easy way to spot them and even if you have ways to understand them other people might not spot it.

[Awaklara]

On a scale of 1-10%, you will discover that 6.5% scam victims were greenhorns while just 3.5% were savvys, but somehow a few savvys made a slight mistake that resulted to big lose for them. This thread [https://bitcointalk.org/index.php?topic=5536900.msg65229757#msg65229757] is an example for everyone to learn from, the member is an experienced crypto user but just a slight mistake made him lost so much.
Newbies who have not known anything about all of the scam tricks would easily be deceived compared to an expert.

Some scam patterns may already be known by most of those who are experienced. But scammers always innovate in new ways even though they may have almost the same scheme. This requires us to continue to update our knowledge, whether they are new or experienced.
Scammers develop their abilities and methods following technological developments. Therefore, to stay safe and be more careful, we must also follow the many updates that are available at all times. Beginners are indeed more vulnerable, therefore beginners must seek more information to enrich their knowledge.

[rachael9385]

I see people relating crypto scams to newbies only but the honest truth is that scammers feed on people's ignorance, not only that but greed as well, therefore anyone can be a victim, not only newbie. Well, newbies are their easiest targets cause their ignorance makes them very vulnerable but their are some newbies that are very smart and careful online not to lose money to scammers.

The truth is anyone can become a victim to scam just as you have said earlier, but it's not only crypto related things. There are different methods that scammers are using to get into people's head. Although you are right because the majority victims of scam are mostly the greedy people. A greedy person can not different legit or scam because they actually convince themselves about anything that's involves profits.

[katanic97]

I see people relating crypto scams to newbies only but the honest truth is that scammers feed on people's ignorance, not only that but greed as well, therefore anyone can be a victim, not only newbie. Well, newbies are their easiest targets cause their ignorance makes them very vulnerable but their are some newbies that are very smart and careful online not to lose money to scammers.
 Although some can easily be fooled online. For instance, someone was scammed through releasing his passphrase, the scammer told him that he'll be gifted free coins but he'll have to drop his passpharse and out of ignorance he released it to the scammers and the rest of his coin in his wallet was history you'll be suprised how easily such person got scammed but think about it greed could play a role to that.
 Maybe the free money he was offered was very huge that he couldn't decline, maybe he might be ignorant but their are people even those with better understanding of the implications of releasing their passphrase that would overlook the implications and release their phrase to the scammer out of greed, everyone just needs to be more careful and avoid being greedy cause many have been scammed due to greed both ignorant and experienced crypto enthusiast.

Never, and i mean never, would i respond to or engage with any message claiming that if I give something (for example: my phrase), i’ll get something for free. I know there are plenty of people who believe in that kind of stuff and fall for it, but i still think a good number of people “play it smart” and realize in time that they might be getting scammed.You're right,greed is definitely a key factor, but when something seems too good to be true, it needs to be triple-checked…

[Tungbulu]

You are right that being greedy is the main reason why people get scammed but sometimes being ignorance can be an added factor. Imagine one running an airdrop with your main wallet. Performing task during airdrop doesn't guarantee ta project to be scam free. Imagine one mistakenly log into a website made by scammers instead of the web of a good project. So being ignorance and careless can play a role here.

That’s true. Ignorance is also a very powerful tool that contributes to people being swindled of their money. Around 2 weeks ago, my cousin told me there was an exchange a friend of him told him about, said they’ll be sending daily trading signals and all you gotta do was copy the signals and paste it on your trade, and they’ll be able to double their initial deposit within a month. This sounded so good to be true because I know too well that no trader can send accurate signals everyday without losing a single trade, I told him to hold on so I could come over to take a look at the platform, but he went ahead and deposited over $500, he’s been pasting the trades since that day till today, he called me and told me the platform had crashed, I wasn’t surprised because I knew too well that’s what’s gon happen and if he had listen to me, he wouldn’t had lost his $500.

[suzanne5223]

The truth is anyone can become a victim to scam just as you have said earlier, but it's not only crypto related things. There are different methods that scammers are using to get into people's head. Although you are right because the majority victims of scam are mostly the greedy people. A greedy person can not different legit or scam because they actually convince themselves about anything that's involves profits.

Yes, in the online space, no one is safe from scams because scams happen in various methods, and one of the most that's happening lately is the altcoin project team exit scam. or rugpull, which MANTRA is an example. Another example scam which one is FTX. However, the scam the OP used as an example is an obvious one, which I believe can only happen to a naive crypto enthusiast, and according to my research, scams mostly happen to people who are somehow inexperienced in the space. Although the greed may cause it in some ways but when a greedy person fully understands the scammer's approach, s/he can easily let go of his/her greed and never give in to the scammer's offer.

[puloweh555]

I see people relating crypto scams to newbies only but the honest truth is that scammers feed on people's ignorance, not only that but greed as well, therefore anyone can be a victim, not only newbie. Well, newbies are their easiest targets cause their ignorance makes them very vulnerable but their are some newbies that are very smart and careful online not to lose money to scammers.

The truth is anyone can become a victim to scam just as you have said earlier, but it's not only crypto related things. There are different methods that scammers are using to get into people's head. Although you are right because the majority victims of scam are mostly the greedy people. A greedy person can not different legit or scam because they actually convince themselves about anything that's involves profits.

So far, many people have always introduced crypto as the most profitable investment to attract beginners, but very few of them explain that crypto also has high risks. As a result, beginners often lose both in investing, trading, or becoming victims of fraud. If you don't have enough knowledge about crypto, don't immediately believe in jumping into the crypto world because the crypto world is still very dangerous for ordinary people, however, we all know that there is a lot of fraud in the crypto world.

This fraud is something that cannot be separated from the crypto world because they always take advantage of opportunities, especially those who are greedy, it is very easy to become victims of fraud. Often fraud occurs not only because they don't have enough knowledge, they become victims because of greed. These two aspects provide easy access for fraudsters to carry out their actions.