Bitcoin is not new, So why are scams still working?

[Adams0001]

Have you forgotten that we are not new to Fiat currency and yet you see a lot of scams going on on different platforms by different scammers using diverse techniques, what matters when it comes to security of our asset is our knowledge and awareness we have towards it that will not permit any other person to have access to anything that belongs to us, because any chances they have will be used against us and they will not spare, if you are into Bitcoin, then you will know that you need to learn more about security and privacy has been important for your safety.

Sure, the only things that can safe you from scammers are security you should keep your things safe without anyone getting access to it. Bitcoin is not a new things but scammers are always ready to form a way to scams others that are new to it when you’re into crypto for so long you should have get some experience and knowledge that when a scammers comes to you or try to form some lie you can understand easily and block him up or take the necessary actions.

But newbies that are new to bitcoin are the people they scam easily, because they always find way to get money fast and scammers will surly try to look for a way to show newbies money or trying to make some transactions with them. You just need to be wise when he comes to internet they have different ways to scam just try to keep your things secure.

[Byebyebtc]

Of cause if you take a look at the development when it comes to technology and AI, there are still reason why individuals fall. Even as people get wiser the scammers also find ways to manipulate and make scamming possible. I don't personally see how scamming will stop, even if measures are taken to stop it, they will still find a way to put some people in such situations.

Except ever one is wise enough, but sadly out of 10 there will still be some lacking in that aspect.

[MusaPk]

Sure, the only things that can safe you from scammers are security you should keep your things safe without anyone getting access to it. Bitcoin is not a new things but scammers are always ready to form a way to scams others that are new to it when you’re into crypto for so long you should have get some experience and knowledge that when a scammers comes to you or try to form some lie you can understand easily and block him up or take the necessary actions.

But newbies that are new to bitcoin are the people they scam easily, because they always find way to get money fast and scammers will surly try to look for a way to show newbies money or trying to make some transactions with them. You just need to be wise when he comes to internet they have different ways to scam just try to keep your things secure.

Scammers are always updating there techniques to increase the success rate of their attack. As people get to know about a certain scam scheme, the scammers are left with no other option but to come up with an unknown scheme. As scammers are updating, its important for us as an end user to keep our self updated about new upcoming attacks. In crypto world, security is important because in case you lose your coins due to any reason then there is no way to recover them. Keep yourself up to date before it gets too late.   

[AmoreJaz]

Of cause if you take a look at the development when it comes to technology and AI, there are still reason why individuals fall. Even as people get wiser the scammers also find ways to manipulate and make scamming possible. I don't personally see how scamming will stop, even if measures are taken to stop it, they will still find a way to put some people in such situations.

Except ever one is wise enough, but sadly out of 10 there will still be some lacking in that aspect.

As there are still people who want easy money, they fall to these baits by scammers. Thus, greed is one of the reasons why people get scammed

[Mandoy]

Sure, the only things that can safe you from scammers are security you should keep your things safe without anyone getting access to it. Bitcoin is not a new things but scammers are always ready to form a way to scams others that are new to it when you’re into crypto for so long you should have get some experience and knowledge that when a scammers comes to you or try to form some lie you can understand easily and block him up or take the necessary actions.

But newbies that are new to bitcoin are the people they scam easily, because they always find way to get money fast and scammers will surly try to look for a way to show newbies money or trying to make some transactions with them. You just need to be wise when he comes to internet they have different ways to scam just try to keep your things secure.

Scammers are always updating there techniques to increase the success rate of their attack. As people get to know about a certain scam scheme, the scammers are left with no other option but to come up with an unknown scheme. As scammers are updating, its important for us as an end user to keep our self updated about new upcoming attacks. In crypto world, security is important because in case you lose your coins due to any reason then there is no way to recover them. Keep yourself up to date before it gets too late.   

Scams are indeed still going on in Bitcoin since the scammers are always updating themselves and new people are constantly coming into the market daily. Despite the fact that Bitcoin has been around for a long time, human emotions of greed, fear and quick profits are all targets of easy pickings. Many newcomers don't have the knowledge to identify warning signs and are thus susceptible to fraud Meanwhile, Advanced users can also fall victim if they take certain risks. Cryptos are typically irreversible. So it is crucial to stay up to date on the latest scam methods and have great security habits to ensure that you protect your funds.

[MarjorieZimmermanGinger]

Bitcoin is no longer new, and crypto scams have been around for years already. People should already know the basic red flags by now, like guaranteed profit, fake investment platforms, and strangers offering easy money.

But why are we still seeing reports of millions, even billions, lost to crypto scams?

When greed takes hold, fraudulent schemes run by irresponsible individuals become much easier to fall into. We often hear about fraudulent investments in this industry, yet many people still fall prey to them. When asked why they fall for them, the answer is often false promises and promises of easy, large sums of money. When people's mindsets tend to focus on making quick and large sums of money, there are many opportunities for them to be scammed, especially those with narrow-minded thinking and lack of knowledge about what others are offering.

Ultimately this depends on each individual. If they think they can make money easily, they shouldn't assume that this type of fraud can be eliminated, even if we see government involvement in early prevention. People must think rationally about making money, as there's no easy or instant way to make a lot of money it takes a long process to reach that stage.

[PepeLapiu]

When a pick pocket steals your wallet or purse, nobody dares call it a dollar problem or dollar scam.
But for some reason when someone steals your Bitcoin, it suddenly becomes a "bitcoin scam" and it's bitcoin's fault ?

The reality is, if you own anything of value, someone will attempt to scam you out of it, or take it from you.

That "bitcoin scams" exist is a testament to the fact that bitcoin is valuable.

You don't hear about a dogecoin scam because it's worthless.

You don't hear about a beach sand scam because beach sand is worthless.

[CryptoYar]

[...]

That is why crypto scams are so cruel as compared to regular banking. There is no safety net whatsoever. Once you make mistake here, there wont be customer service number to call and reverse transfer, those coins have left your wallet for good.

Many people fail to realize that scams are not just fake links that are easily made, and not well thought out. These have now become extremely complex and smart social engineering traps, with fake job offers, AI voice cloning, and fake developer profiles to fool even most expert users who are only careless for one second. Whether you have been here for year or decade, it is laziness that is killer. Protecting your coins means that you need to be in constant fearful state, rechecking every smart contract action you do and checking every single source separately.

[HajiBagi]

Bitcoin is no longer new, and crypto scams have been around for years already. People should already know the basic red flags by now, like guaranteed profit, fake investment platforms, and strangers offering easy money.

But why are we still seeing reports of millions, even billions, lost to crypto scams?

Now with AI, scammers can create more convincing messages, fake profiles, fake voices, and even fake videos. So maybe scams are becoming harder to detect, or maybe people are still too careless when money and profit are involved.

So who is really lacking here? The users who still fall for these scams, the platforms that allow fake ads and fake apps, or the government for not doing enough?

Scam can not end because it has been there for years and it increases day by day, it may looks like something that has been happening for many years and people should have know more about it and how to avoid it but scammers are more than what you think, when it happens it is when you will understand that even if you are smart you can not escape scam sometimes, there are many people who are very smart and just small thing will be the reason why they get scam.

Although some people get scam because of their lack of understanding and experience but scammers are very good that they come with different methods that they don’t mind any way they scam people, either they scam people with local currency or their investments, the only way is to pray we should not make a mistake that will let us regret falling in the wrong direction that will make us lose our investments.

[ndutndut]

Of cause if you take a look at the development when it comes to technology and AI, there are still reason why individuals fall. Even as people get wiser the scammers also find ways to manipulate and make scamming possible. I don't personally see how scamming will stop, even if measures are taken to stop it, they will still find a way to put some people in such situations.

Except ever one is wise enough, but sadly out of 10 there will still be some lacking in that aspect.

As there are still people who want easy money, they fall to these baits by scammers. Thus, greed is one of the reasons why people get scammed

Besides what you mentioned, they fall prey to scams because they want easy money. Greed and carelessness in the crypto world always attract new people. Especially when the market is rising many new people are attracted to investing or trading, lacking experience and understanding how to avoid scams and other scams.

We can see in several cases that among the many victims of crypto fraud most are beginners with very little understanding of crypto. This also needs to be emphasized for beginners who want to enter the crypto world or those who want to invite friends to start trading and investing. The first thing they must know is asset security and how to recognize the characteristics of scam sites and other similar things. This will make them more cautious when engaging in crypto. After all, fraud in crypto will always exist especially now that their methods are increasingly sophisticated in targeting victims especially those who lack security knowledge, those who are greedy and those who want to get rich quick from crypto.

[Silikiem]

The fact that bitcoin isn’t new doesn’t mean that everyone is enlightened about bitcoin and how it actually works. I can tell for a fact that there are still many people out there who haven’t heard about bitcoin and even if they hear about bitcoin they don’t know how it works and it’s very likely that such people can get to meet someone who will claim to reach them about bitcoin and unknowingly to them they might get scammed in the process. And everyday this scammers are looking out for new ideas on how to scam people from their hard earned money. I think what is important here is not necessarily how old bitcoin have been in existence but how enlightened most people and communities really are about bitcoin.

[BlackBoss_]

Besides what you mentioned, they fall prey to scams because they want easy money. Greed and carelessness in the crypto world always attract new people. Especially when the market is rising many new people are attracted to investing or trading, lacking experience and understanding how to avoid scams and other scams.

We can see in several cases that among the many victims of crypto fraud most are beginners with very little understanding of crypto.

Greed and carelessness are reasons as you thought, and by thinking them as reasons, you can see not only beginners in Bitcoin market have these bad things. All people have greed and carelessness that are not only limited to newbies, and it's not true to say like newbies are more greedy and careless than experienced people in the market.

In a same market, there are people who have similar greed and carelessness even they are either newbies or senior people. Therefore it's right to say people who have traits like greedy and careless will be more likely victims of scammers, and to avoid scams, they must change themselves, change these things starting by learning about most common scams.

https://www.chainsec.io/scams

[ultrloa]

Besides what you mentioned, they fall prey to scams because they want easy money. Greed and carelessness in the crypto world always attract new people. Especially when the market is rising many new people are attracted to investing or trading, lacking experience and understanding how to avoid scams and other scams.

We can see in several cases that among the many victims of crypto fraud most are beginners with very little understanding of crypto.

Greed and carelessness are reasons as you thought, and by thinking them as reasons, you can see not only beginners in Bitcoin market have these bad things. All people have greed and carelessness that are not only limited to newbies, and it's not true to say like newbies are more greedy and careless than experienced people in the market.

In a same market, there are people who have similar greed and carelessness even they are either newbies or senior people. Therefore it's right to say people who have traits like greedy and careless will be more likely victims of scammers, and to avoid scams, they must change themselves, change these things starting by learning about most common scams.

https://www.chainsec.io/scams

Sad to see that they didn't realize that the one they are looking at are actually scam. To many people resist on the warnings and still continue because their greed push them to invest because what comes up on their mind is they are right and profit will eventually come later on.

People really need to change big time their attitudes and instead of learning from their own mistakes, better to think in advance then do a research. Maybe with this they realize what's really better approach to do when they think about proper investments.