Do not believe any offers that sounds too good

[coinlary]

Alll the story bebinfld it means nothing, they are all made up to make some sense to their targets, all they want from you is the deposit. Once you deposit, they will ghost you immediately or nurture you for a while to see if their victim is dumber to male more deposit before finally ghosting you lol !

Now imagine they manage to convince  atleast 500 people to deposit $50 each, that's  $25k  .

I mostly blame the greedy nature of humans .

[Makus]

Money doubling is a scam and no matter how well people try to make it sound reasonable it is always going to remain a terrible decision anyone can make. Bitcoin should be there invested and not to be used to make quick money because that's no really what it's all about, Bitcoin is meant to be a gradual investment and not the one that gives quick profits. Anything that offers double of the amount you invested within a week or few days is a scam, I wonder why this is difficult for a lot of nigerians to realize.

[Byebyebtc]

As a Nigerian these are natural instinct already

Any thing that seems too good to be true is automatically and naturally avoided after the experience of MMM and the other scams we experienced, we should be wise enough by now to know these things. Infact at this point 100% no de sound normal for my ear again, as soon as I hear 100% and the settings get how e be I don commot body, wether crypto or not crypto.

[AVE5]

I actually do not want to use pidgin because I know we do have visitors here for them to also learn from this experience and remain alert whenever they come across such incidents.

You've talked so well by sharing that of your experience but I don't think the excuse of you about the pidgin language was that necessary. The main the that matters is a convenience means of communications for members.
Perhaps you've the interest of relating this post to other user's that're not from our locality, then you should better post it to the general board After all the information you're passing isn't a local news.
Same time, Ponzi networking schemes isn't a new one anymore and I trust the disappointment of the MMM should had thought everyone the lessons not to trust any golden promising with the influencing ease of becoming quick rich. Although like you've said, there's also need to keep spreading the likely scamming strategies for newbies to also stay informed and safe.

[ColdLava40]

I actually do not want to use pidgin because I know we do have visitors here for them to also learn from this experience and remain alert whenever they come across such incidents.

Legit people will never message you first to give you an offer to better your life. The don't really care about you and when a stranger starts to care it is a sign of threat to you.

Some people still fall victims, some are just too easy to prey on that is why these scammers still go on because they believe they can still get more people.

Only if people become really smart and avoid any offer that is just unbelievable to the normal ears.

[Jubilee58]

You really do well to share this post here, because if na person wey de new for cryptocurrency en for don fall finish, and na so dem de carry de scam people. Wetin me I de talk be sey, make people no de too eager to make money, we no sey to make money de very important but make e be for genue way. No where wey money de come free, so e dey good make you involve for genue investment. If you want invest for Bitcoin, invest, then hodl for some years, and your investment to make profit for you. Na to look for quick money de make some of us fall for these scammers, and by the time you don fall for dem, na two things de involve, one you go loose your money, and second thinking go enter your body wey fit even bring other health problem join. So make we dey very careful, and make we stay safe too.

[Nightwatchmare]

At first, when you make the deposit they will send your profit to make you believe that what they’re saying is true and as a result of that you will have to increase your next deposit so you can earn higher profits, and from there the whole system stopped working and your money is gone. Anyone that’s promising you a quick profit In bitcoin is trying to scam you, bitcoin investment does not guarantee quick profits. Many people who do not understand how bitcoin works easily fall for this kind of scam because they are not familiar with bitcoin. It is important for people to really get to understand bitcoin because if they truly do, they will hardly fall for this kind of scam.

From the way you talk, it seems you have been a victim of this kind of scam or your friend or loved one have had this experience because a friend of mine who fall for this kind of scam it was the same trick they used on him, and before he could detect it is a scam he has already made his second deposit which he did get ROI like he did in his first deposit. Even if Bitcoin investment guarantee quick profit, Bitcoin investment is not done the way Op explained, in Bitcoin investment you are fully in charge of your investment and you must hold your Bitcoin for at least 4 years before you can even start seeing good gains. Anyone asking to deposit Bitcoin in a place where only you do not have access to its private keys for you to receive ROI in giving period of time just know that it is a scam scheme, and you should block the person right away.

[Eldestyoung]

One thing people need to understand is that nobody is giving away free money in the crypto space, any platform promising guaranteed returns, huge bonuses or quick withdrawals just to convince you to deposit Bitcoin should be treated with suspicion.
Remember, if an offer sounds too good to be true, it probably is. Never let the desire to make quick money put your hard earned money at risk.

[Franklyn-wood]

This is the reason why it's not good to desperate in every thing that you are doing, just assumed you didn't take your time to understand how scammers works you could have been scammed by now but as someone who knows how they function it was very difficult for them to run you street on your funds, and do not be surprised that person who chatted with you on social media is the person that knows you very and understand that you are into Bitcoin or digital currency. This the reason why people must remain vigilant at every time because you may not know the style and pattern that they could usually tie enter to directly.

This fraud stars are very smart and vigilant, they come with different pattern to different people sounding differently. Imagine chatting with him on social media then coming as a different entity to steal is hard earned investment. Thank goodness he didn't fall prey to there tricks it would have been a painful experience. When greed is removed from the mind it makes it a little more safer with personal security consciousness dealing with scammer beill be easier.