Don't buy dreams sold to you!

[tabas]

One of the basic statement/sentences used by this cryptocurrency dream sellers or scammers is "This is another bitcoin, if you missed bitcoin around $1 you can buy this new type of bitcoin at $0.00001 it will give you better profit" because it's higher than bitcoin when bitcoin started" bitcoin started at $1 this new bitcoin will sell for as low as $0.0001" ) etc 

You're right, they used to talk about " the next Bitcoin," and that has been a common style of theirs, promoting the project that they have made. While they are using the situation to make those people feel bad who have never bought Bitcoin when it was cheap, this gives them the advantage to make them sorry and they shouldn't miss the opportunity that's already in them. But no actual opportunity is there and that's why never buy to those sweet words done by them. Because there is only 1 Bitcoin and there will never be another one coming.

[NurseHub]

One of the basic statement/sentences used by this cryptocurrency dream sellers or scammers is "This is another bitcoin, if you missed bitcoin around $1 you can buy this new type of bitcoin at $0.00001 it will give you better profit" because it's higher than bitcoin when bitcoin started" bitcoin started at $1 this new bitcoin will sell for as low as $0.0001" ) etc 

You're right, they used to talk about " the next Bitcoin," and that has been a common style of theirs, promoting the project that they have made. While they are using the situation to make those people feel bad who have never bought Bitcoin when it was cheap, this gives them the advantage to make them sorry and they shouldn't miss the opportunity that's already in them. But no actual opportunity is there and that's why never buy to those sweet words done by them. Because there is only 1 Bitcoin and there will never be another one coming.

Exactly what I was talking about and now we are not seeing those kind of post or adverts because we did not see altcoins season this year, if we saw it then we must see those kind of posting plenty.

[tabas]

One of the basic statement/sentences used by this cryptocurrency dream sellers or scammers is "This is another bitcoin, if you missed bitcoin around $1 you can buy this new type of bitcoin at $0.00001 it will give you better profit" because it's higher than bitcoin when bitcoin started" bitcoin started at $1 this new bitcoin will sell for as low as $0.0001" ) etc 

You're right, they used to talk about " the next Bitcoin," and that has been a common style of theirs, promoting the project that they have made. While they are using the situation to make those people feel bad who have never bought Bitcoin when it was cheap, this gives them the advantage to make them sorry and they shouldn't miss the opportunity that's already in them. But no actual opportunity is there and that's why never buy to those sweet words done by them. Because there is only 1 Bitcoin and there will never be another one coming.

Exactly what I was talking about and now we are not seeing those kind of post or adverts because we did not see altcoins season this year, if we saw it then we must see those kind of posting plenty.

They will come again for sure, if they are not been there around this time. It's possible that soon they'll be there again. I've seen plenty of them and tired of seeing what they have been publishing over and over again. But at last, they've got tired although I know that they'll be back again sometime when the altcoin season have become visible again. They never stop, they might just got delayed and tired but that kind of advertising never gets old.

[Promocodeudo]

Okay.. thank you for the shielded light you just put into here, and secondly you are right about newbies finding a better place to make investment than jumping to trade on coins that has no better future after having to accumulate lot of them.
Trading can be addictive irrespective of whom they are or how much they have while trading. Also, it's that important as well to always remain calm and fear not, it would only take a little process whenever they are fully back it would help to make judicious use of it

But come to think of it, what will newbies be doing with going into trading of coins that doesn't have long-term, infact should newbies even think of any other coin aside Bitcoin, as a newbie I think the best way to into this space is by concentrating on Bitcoin investment at first, trading shouldn't come to pay at first because such will take the time such newbie would've use to start accumulating Bitcoin to start learning trading as such it may even hinder such newbie from investing in the major investment, some traders don't actually like keeping their Bitcoin because they see accumulation as waste of time, they feel that it is better to use the amount available to keep chasing more money in trading instead of accumulating and hodling Bitcoin for the future. Since you've already said that trading can be addictive I think newbies should take note of that to avoid messing around.

[l3pox]

I am actually trying to understand what you meant by dreams, is this a coin or token because talking about dreams being solid is like statement not complete.

It's actually a complete statement if you put some reasoning into it, dreams are being sold regularly in the industry in the sense that you get ads telling you to buy the next Bitcoin or any other coin or trend that they're trying to shill to you. People are being convinced into believing that they can be the next lucky person that bought a coin and it 10x or a 100x in the shortest timeframe possible. Alot of pump and dump scams are being shilled to people and if you aren't informed, you'll think you're investing into something reasonable and I believe that's what the OP is advising against. Instead of those investments, newbies are better off buying Bitcoin to hodl and not even trading or trying out some other ponzi scheme bullshit.

Okay.. thank you for the shielded light you just put into here, and secondly you are right about newbies finding a better place to make investment than jumping to trade on coins that has no better future after having to accumulate lot of them.
Trading can be addictive irrespective of whom they are or how much they have while trading. Also, it's that important as well to always remain calm and fear not, it would only take a little process whenever they are fully back it would help to make judicious use of it

trading profitably may take years, even if you heat a lucky streak at the beggining it's not about that it is about developing the expertise to be able to make money and keep your money over time
this is much easier said than done
that's why just a minor part of traders are profitable in the long run

[SmartGold01]

I am actually trying to understand what you meant by dreams, is this a coin or token because talking about dreams being solid is like statement not complete.

It's actually a complete statement if you put some reasoning into it, dreams are being sold regularly in the industry in the sense that you get ads telling you to buy the next Bitcoin or any other coin or trend that they're trying to shill to you. People are being convinced into believing that they can be the next lucky person that bought a coin and it 10x or a 100x in the shortest timeframe possible. Alot of pump and dump scams are being shilled to people and if you aren't informed, you'll think you're investing into something reasonable and I believe that's what the OP is advising against. Instead of those investments, newbies are better off buying Bitcoin to hodl and not even trading or trying out some other ponzi scheme bullshit.

Okay.. thank you for the shielded light you just put into here, and secondly you are right about newbies finding a better place to make investment than jumping to trade on coins that has no better future after having to accumulate lot of them.
Trading can be addictive irrespective of whom they are or how much they have while trading. Also, it's that important as well to always remain calm and fear not, it would only take a little process whenever they are fully back it would help to make judicious use of it

trading profitably may take years, even if you heat a lucky streak at the beggining it's not about that it is about developing the expertise to be able to make money and keep your money over time
this is much easier said than done
that's why just a minor part of traders are profitable in the long run

Yes this depends on the individual trader who solely develops interest in trading and like I know a dedicated trader may not take years to start making profits rather few months or just within a period of a year to start making profits. Although most times newbies can actually hold their coins while they keep their learning process going and there could be chances that before they finished their learning process they would also end up making some decent profits from their investments or holdings.

[taufik123]

About how a dream is sold to others that is done by some developers, especially memecoin developers,
There are many who do this kind of practice that makes the increase in memecoins very big but in the end it is only an Exit Liquidity place for developers and their teams.

It's not just about the story, but I experienced it myself with some memecoins that I held back at the time and at first it looked fine with a pretty high boost.
Dev always built a narrative that the memecoin would grow bigger all the time and reach an unthinkable ATH,
but in the months that went on that dream only became a nightmare when the Decline really stressed everyone out and started leaving it with a lot of losses.

Never believe in any dream offered by others, whoever it is, If you have made a profit then sell and take that profit,
Don't think twice because crypto will not compensate you for anything.

[l3pox]

I am actually trying to understand what you meant by dreams, is this a coin or token because talking about dreams being solid is like statement not complete.

It's actually a complete statement if you put some reasoning into it, dreams are being sold regularly in the industry in the sense that you get ads telling you to buy the next Bitcoin or any other coin or trend that they're trying to shill to you. People are being convinced into believing that they can be the next lucky person that bought a coin and it 10x or a 100x in the shortest timeframe possible. Alot of pump and dump scams are being shilled to people and if you aren't informed, you'll think you're investing into something reasonable and I believe that's what the OP is advising against. Instead of those investments, newbies are better off buying Bitcoin to hodl and not even trading or trying out some other ponzi scheme bullshit.

Okay.. thank you for the shielded light you just put into here, and secondly you are right about newbies finding a better place to make investment than jumping to trade on coins that has no better future after having to accumulate lot of them.
Trading can be addictive irrespective of whom they are or how much they have while trading. Also, it's that important as well to always remain calm and fear not, it would only take a little process whenever they are fully back it would help to make judicious use of it

trading profitably may take years, even if you heat a lucky streak at the beggining it's not about that it is about developing the expertise to be able to make money and keep your money over time
this is much easier said than done
that's why just a minor part of traders are profitable in the long run

Yes this depends on the individual trader who solely develops interest in trading and like I know a dedicated trader may not take years to start making profits rather few months or just within a period of a year to start making profits. Although most times newbies can actually hold their coins while they keep their learning process going and there could be chances that before they finished their learning process they would also end up making some decent profits from their investments or holdings.

yes that's correct
I heard some take 3 years, maybe some take even more
it's a really hard thing to do
of course the thing is to do it with a small % of your total wealth only and develop systems and track it quite closely otherwise you probably won't make it
some books help a lot too

[Churchillvv]

It's not just about the story, but I experienced it myself with some memecoins that I held back at the time and at first it looked fine with a pretty high boost.
Dev always built a narrative that the memecoin would grow bigger all the time and reach an unthinkable ATH,
but in the months that went on that dream only became a nightmare when the Decline really stressed everyone out and started leaving it with a lot of losses.

Especially in the world of memecoins, it’s a home of dreams that are sold to people who do not have firsthand experiences about how manipulative it can become and crash in days or minutes, I was very very much into memecoins because I was sold a lot of dreams that I could become millionaire over few attempts just because i saw guys scream on medias how much they made, the only thing which saved me the cost of it was the mere fact that an elder or senior who has been around before memecoins gave me an eye opener lesson hence I didn’t process with losing my money to memecoins. Even the adverts about memecoins screams dreams and nightmares in the end.

[Orpichukwu]

If it's about buying cryptocurreny then it's better if you buy in an exchange rather than from other person like p2p. Even in person like your friend could also get you in trouble especially if the bitcoin sold is  stolen. For buying new projects is a risky investment since the project isn't 100% successful in the future. If anyone aren't aware many new projects are failing and only very few are successful after their launching of their projects.

Anyone who wants to buy bitcoin can either go through the exchange or they can pass through other routes, whicheverwill become easier for them. If you are talking about stolen bitcoin, we should avoid linking our real identity to it, as if it's being tracked, you, the buyer, will also get to be affected by that too. For security reasons, I just prefer to either pass KYC and buy and sell directly myself using my own data, and I know the source of fund.

[HajiBagi]

I believe that the first way to avoid getting scammed is not being greedy and believing in something for nothing, secondly not seeking the easy way to achieving a great financial success.

You have said it all, the first way to avoid getting scammed is not being greedy; greed is one of the reasons why some people get scammed; when you are contented with what you have, it will be difficult for you to get scammed; some people lose their sense when they hear about how to earn a quick profit in a day, and that is the method that scammers always use to scam people. Some individuals rush into platforms without asking questions, believing they can earn a profit quickly. However, there is no quick way to make money, and those who lack patience are more likely to be scammed.

[UchihaSarada]

You have said it all, the first way to avoid getting scammed is not being greedy; greed is one of the reasons why some people get scammed; when you are contented with what you have, it will be difficult for you to get scammed; some people lose their sense when they hear about how to earn a quick profit in a day, and that is the method that scammers always use to scam people. Some individuals rush into platforms without asking questions, believing they can earn a profit quickly. However, there is no quick way to make money, and those who lack patience are more likely to be scammed.

To avoid scams, basically people need to be neutral, not greedy, be careful and I am sure that if people can do this, they can control their actions so well and easily avoid "too good to be true" scam offers.

People who are too greedy, too careless, and ignore many scam signals that are so easy to detect, will be scammed by scammers even scam traps have no complexity at all.

The crytocurrency scambook.
Collection of comprehensive guides on identify and avoid scam projects

[LogitechMouse]

---
First way to avoid getting scammed is to be Skeptical about everything, and unsolicited private messages or DMs should be treated with Skepticism hence if otherwise any dreams sold to you by anyone should not be bought, don't hesitate to leave such conversations that have too much of promise of returns to you.

I hope this helps someone today.

Sometimes, being ignorant helps.
Sometimes, knowing how to ignore stranger helps.
Sometimes, not entertaining some random people helps.
Sometimes, thinking the phrase "If it's too good to be true, then is isn't true" helps.

Know the red flags of a scam/project. I've already received multiple DMs on Telegram regarding an opportunity which can give me lots of money in the long run, but I just ignore it because I know that it isn't realistic. Being skeptical about everything is also good, and with that kind of mindset, you will be forced to just invest on some old coins out there such as Bitcoin, Ethereum, and other top coins as well. If you want to be rich, go find those opportunities. Opportunities will not reach to you randomly. You need to find them, and maximize it.

Always take note that legit developers of a project/exchange/whatever it is will not approach you out of nowhere. You're the one that will approach them.

[Dhearnielt]

Disappointed?

Often time many people are disappointed, angry, and frustrated after joining the space. They bought a dream sold to them it wasn’t theirs in the first place. This had made many people angry, frustrated and even worse more blamed themselves for joining the space in the first place.

What dream have you bought yourself or someone else’s? People who bought other people dream might end up leaving the business living in eternal regrets.

Before you join any business, do your research; ensure you have and adequate knowledge that will keep you going on tough times.

Remember if it get tough, the tough get going this might not be so when you bought someone else dreams!

Don’t be deceived by fancy fantasies!

[internetional]

If it is a dream of getting rich, improving your finance and wealth with Bitcoin, also called as Bitcoin dream, why not?

There is an economist from Belarus (quite smart, he gives a lot of serious analytical commentary in various media) who still considers Bitcoin to be the kind of dream that someone is trying to sell. He says that perhaps there is some technology behind Bitcoin, but he won't even study it, because what he notices first of all is that from Bitcoin holders you always hear: "Buy Bitcoin". When this trail of money-squeezing stops following Bitcoin, then it will be possible to take a closer look at it.

[Zigabel]

Engaging a scammer is one very risky way of putting yourself out there to be scammed but this is unknown to many, they think they can be top smart and so when they get a dm from an unknown person which should be a suspected scammer, they try to engage this person with the taught that they cannot fall for whatever it is this person will be saying only to be tempted to make an attempt and end up been scammed.

If St any point you suspect anyone you are Engaging in a conversation with to be a scammer, first step to protecting yourself I'd disengaging from such conversation so as to avoid giving room for any conviction whatsoever that will lead to you wanting to give it a trial. These scammers are mostly good with conversation so they always know what to say to you so they sound convincing enough.

[Odogwu-Blockchain]

Sometimes, being ignorant helps.
Sometimes, knowing how to ignore stranger helps.
Sometimes, not entertaining some random people helps.
Sometimes, thinking the phrase "If it's too good to be true, then is isn't true" helps.

These are the major steps to take if you want to grow in the crypto space, entertaining every crypto projects even if doing proper research will definitely not end well, this makes investors not to be settled for bigger coins but chase cheaper coins here and there and not relaxing and making final decisions on it's own.

Until investors reach this stage and decide to stay calm and centered while choosing the right coins even if it's a slow progress, that's pretty a good advise.

[Zoomic]

I made this post below in a thread in my local board and I thought I should share it here and also give my two cent opinion to others.

My advice to anyone will simply, avoid or do not buy dreams.

If dreams of cryptocurrency of any kind is sold to you do not buy to it.

This above is from my experience, all scams are always tied to selling of dreams, some people call it too good to be true ideas or dreams.

First way to avoid getting scammed is to be Skeptical about everything, and unsolicited private messages or DMs should be treated with Skepticism hence if otherwise any dreams sold to you by anyone should not be bought, don't hesitate to leave such conversations that have too much of promise of returns to you.

I hope this helps someone today.

I am struggling to understand your definition of dream and how it is sold to someone. Should I take dream to mean testimonies?
I know that what people normally share is testimonies of how they became so rich through bitcoin and most of such testimonies come from scammers or people who really have not experienced bitcoin before.
As you said above, it is wise to threat every testimony or story with skepticism and it is only when you are in disbelief that you can ask some logical questions. Immediately you are overwhelmed by their fake testimonies, you become defenseless and probably a victim of their scam.

[Sonia_123]

First way to avoid getting scammed is to be Skeptical about everything, and unsolicited private messages or DMs should be treated with Skepticism hence if otherwise any dreams sold to you by anyone should not be bought, don't hesitate to leave such conversations that have too much of promise of returns to you.

Everyone must limit themselves from interacting with unfamiliar people, especially those who intend to offer help or certain benefits to us. We are in an environment where scammers roam, and we can follow anything to gather a lot of information. However, we must wisely limit our interactions with unknown individuals.
This is also quite vulnerable for those who have businesses to offer services. Choosing clients will be very important.

Dreams sold to you are likely not to produce anything Good because, it's not your dream and you don't know how it will work, what to be achieved and how to go about it, instead of buying peoples dream, why not build, develope and make your dreams grow yourself.
Most dreams bought from people tends not to profitable but ends up being a scam at the end of the day, real opportunity and golden dreams can't be sold out by any reliable person.

[Questat]

Sometimes, being ignorant helps.
Sometimes, knowing how to ignore stranger helps.
Sometimes, not entertaining some random people helps.
Sometimes, thinking the phrase "If it's too good to be true, then is isn't true" helps.

These are the major steps to take if you want to grow in the crypto space, entertaining every crypto projects even if doing proper research will definitely not end well, this makes investors not to be settled for bigger coins but chase cheaper coins here and there and not relaxing and making final decisions on it's own.

Until investors reach this stage and decide to stay calm and centered while choosing the right coins even if it's a slow progress, that's pretty a good advise.

Just be mindful and always stick to bitcoin. Don’t chase what others are chasing, they actually don’t know what they’re doing about. Stay away with the hypes, hypes are just made to attract and deceive people. Just focus on bitcoin, no matter how slow its progress may be but rest assured you are going on a positive goal and outcome.