Stay away from crypto ponzis!

[Ambatman]

People fall for scams for two main reasons ignorance(naiveity) and greed. The funny thing is many victims have been pre warned about such but they chose either way because they saw fake evidence or a friend says it's legit without even doing their own research.
Ponzi is not limited just to crypto, it happens locally in various countries mine is an example.Forsage hype brought me to cryptocurrency.Though I didn't invest due to my paranoia but was almost tempted due to the testimonies but overcame it by buying and involuntarily keeping my ETH since I kinda misplaced the key. But it all turnout for good..
The essence is even with all this warning who would fall would still but I guess we can't stop trying.

[$crypto$]

If you are greedy, no matter how smart and careful you are, scammers will find a way to deceive you, so stop being greedy and learn to research and ask before you invest.

Agreed, greed is one of the loopholes that can be exploited by fraudsters against potential victims. Keep in mind that fraudsters are usually smart people, but they abuse their skills to deceive and harm other people. They also definitely have a target who will be their victims, one of which is greedy people, beginners and many more.

We must always think logically, especially since the OP said that the profit that will be obtained is a very large amount which does not make sense.

For me, people who have been around for a long time and are experienced and also have knowledge about crypto, they will be able to avoid Ponzi schemes like that.

[jeraldskie11]

Whenever the market is being bullish you can see lot of investment schemes to invest your cryptos which claims to provide unrealistic returns.

Crypto itself and investment and 99.9% of the time when someone ask you invest money like send money to an address and you will get 10% everyday or there are extreme cases who convince you that you will double the money you send instantly are obvious scams.

I am creating this thread after seeing an Instagram post that claimed exactly what I said above. Please be aware and stay away from scammers.

Scammers have been using this method of defrauding people for a long time because they continue to profit from it. I am too a victim of this type of fraud, however I have discovered that this too good to be true project is a scam. Just think what their investment strategy is and why they give out 10% every day. Probably if they offer you this type of stuff, it's a fraud. First of all, once you invest your money in an online platform, the danger is already present, so you need carefully choose which platform is worth investing on. If you've learned crypto well, you won't fall for this again.

[Findingnemo]

For me, people who have been around for a long time and are experienced and also have knowledge about crypto, they will be able to avoid Ponzi schemes like that.

People who are in crypto and people who know can be two different people. As I said in my previous post people keep falling for Ponzi back to back also happening and this won't be possible if they acquired knowledge related to crypto investing.

There are only two real investments that we can trust to get crypto in return for investing our crypto. One is staking on exchanges which gives 5-8% returns per year and casino bankroll investments which gives returns based on the casino's profits.

[Jamal Aezaz]

If you are greedy, no matter how smart and careful you are, scammers will find a way to deceive you, so stop being greedy and learn to research and ask before you invest.

Being greedy is the most harmful behavior which will create difficulties for you in the way of success, and a greedy person cannot get his desired profit because his wishes increase day by day  due to which he misses to take his deserved profit too.

Your Knowledge will be hidden by your prominent greediness and your experience will not work for you therefore if you overcome your greed you can get what you want.

If someone learns so much but he has no control over his greediness then there is no use of such knowledge and all things will just be time wasting.

[MrSpasybo]

Being greedy is the most harmful behavior which will create difficulties for you in the way of success, and a greedy person cannot get his desired profit because his wishes increase day by day  due to which he misses to take his deserved profit too.

Your Knowledge will be hidden by your prominent greediness and your experience will not work for you therefore if you overcome your greed you can get what you want.

If someone learns so much but he has no control over his greediness then there is no use of such knowledge and all things will just be time wasting.

I believe that knowledge can help curb blind greed in this market. When investors understand staking rewards, they will not fall into traps related to staking with unreasonably high APRs. When they know that Tron has a TRX token, they will not buy scam tokens with the ticker TRONX. When they know that it is very difficult to invest and make a profit in this market, investors will not send 1 ETH hoping to receive 2 ETH...

The traps in the crypto market are becoming increasingly sophisticated, involving both browser malware and fake tokens on DEXs to steal users' assets. It is difficult for us to be wary of them, but Ponzi schemes are often easier to spot due to their unreasonable returns. Investors only need to do a little research or ask someone with a bit of experience in the crypto market to avoid these Ponzi schemes.

Interestingly, in many cases, even though they know it is a Ponzi scheme, many people still participate in the hope of making a quick profit and then withdrawing and pushing the risk onto latecomers!

[Tribalchief]

Most of the people being scammed allowed for such when they express their greediness towards an offer because of high pay involved, we cannot deceive ourself on what is not it and expect it to become it, anything that looks too real to be true should not take chance on us and we should as well avoid making haste decision without making research at first with gambling, this is how we should expect for such.

I have come to notice that Ponzi investment scams don't have specific targets. Different people are usually attracted to them due to the massive scam offers that come as profits. The major people who are easily attracted are newcomers who are new to the crypto space and would love to get rich overnight. Something funny about this is that newcomers tend to have a higher chance of coming across such scams than those who are already in the crypto game.

Scammers have been using this method of defrauding people for a long time because they continue to profit from it. I am too a victim of this type of fraud, however I have discovered that this too good to be true project is a scam. Just think what their investment strategy is and why they give out 10% every day. Probably if they offer you this type of stuff, it's a fraud. First of all, once you invest your money in an online platform, the danger is already present, so you need carefully choose which platform is worth investing on. If you've learned crypto well, you won't fall for this again.

I literally don't understand how people tend to believe stories that are too good to be true. Why on earth would a person offer a 10% investment reward daily? People have to learn that crypto Ponzi schemes are questionable, and proper research must be done whenever one comes across such schemes. Moreover, there are several coins to invest in rather than looking for a shortcut to success.

[jeraldskie11]

Scammers have been using this method of defrauding people for a long time because they continue to profit from it. I am too a victim of this type of fraud, however I have discovered that this too good to be true project is a scam. Just think what their investment strategy is and why they give out 10% every day. Probably if they offer you this type of stuff, it's a fraud. First of all, once you invest your money in an online platform, the danger is already present, so you need carefully choose which platform is worth investing on. If you've learned crypto well, you won't fall for this again.

I literally don't understand how people tend to believe stories that are too good to be true. Why on earth would a person offer a 10% investment reward daily? People have to learn that crypto Ponzi schemes are questionable, and proper research must be done whenever one comes across such schemes. Moreover, there are several coins to invest in rather than looking for a shortcut to success.

One thing I've learned in crypto to avoid being scammed is to buy a token or a coin in a trusted exchange such as Binance. Even though they only list good coin but this doesn't mean that all coins are worth investing for a long time. Not all the time the investors will stay to them especially if they noticed that the project are only good at telling their plan. So we have to do a research to a coin we want to invest in to get a higher chance of making huge profit in the long run.

[0t3p0t]

Scammers have been using this method of defrauding people for a long time because they continue to profit from it. I am too a victim of this type of fraud, however I have discovered that this too good to be true project is a scam. Just think what their investment strategy is and why they give out 10% every day. Probably if they offer you this type of stuff, it's a fraud. First of all, once you invest your money in an online platform, the danger is already present, so you need carefully choose which platform is worth investing on. If you've learned crypto well, you won't fall for this again.

I literally don't understand how people tend to believe stories that are too good to be true. Why on earth would a person offer a 10% investment reward daily? People have to learn that crypto Ponzi schemes are questionable, and proper research must be done whenever one comes across such schemes. Moreover, there are several coins to invest in rather than looking for a shortcut to success.

One thing I've learned in crypto to avoid being scammed is to buy a token or a coin in a trusted exchange such as Binance. Even though they only list good coin but this doesn't mean that all coins are worth investing for a long time. Not all the time the investors will stay to them especially if they noticed that the project are only good at telling their plan. So we have to do a research to a coin we want to invest in to get a higher chance of making huge profit in the long run.

Yeah since it is a trusted exchange then it offers reliable and trusted coins as well. Though it is still risky due to the fact that crypto is volatile it is still up on us whether we buy with the hype or you have your own strategy. Scam actually occur on presales, dexes or other early launch platforms which investors should watch out as rug pull is quite common in there.

[armanda90]

Whenever the market is being bullish you can see lot of investment schemes to invest your cryptos which claims to provide unrealistic returns.

Crypto itself and investment and 99.9% of the time when someone ask you invest money like send money to an address and you will get 10% everyday or there are extreme cases who convince you that you will double the money you send instantly are obvious scams.

I am creating this thread after seeing an Instagram post that claimed exactly what I said above. Please be aware and stay away from scammers.

This cases ever happening with some Youtube or social media account exchange got hacked and they are giving offer investment with return around 10% depend on amount investing.
I think all cryptocurrency current understood well about cryptocurrency ponzis investment, they will not interested yet with this model of investing. Maybe the beginner or new comer in cryptocurrency will easy to participant because they don't know well with investment ponzis working.
Its seems old investment of ponzi and not relate if scammer make this way to get investor deposit or donate their fund, all people smart right now and know which one trust or not.

[Joseph Lee]

Whenever the market is being bullish you can see lot of investment schemes to invest your cryptos which claims to provide unrealistic returns.

Crypto itself and investment and 99.9% of the time when someone ask you invest money like send money to an address and you will get 10% everyday or there are extreme cases who convince you that you will double the money you send instantly are obvious scams.

I am creating this thread after seeing an Instagram post that claimed exactly what I said above. Please be aware and stay away from scammers.

I appreciate the thoughtfulness in this post. Indeed scams and ponzis have been on the rise lately. Now, more than ever, its necessary to remain cautious when dealing with anything crypto-related.

[Tristanerus]

While many people in the cryptocurrency community are aware of these scams, newcomers can be particularly vulnerable because they might not be familiar with how Ponzi schemes operate. It's true that many people are becoming more knowledgeable and cautious about where to trust their money, but scammers continue to find ways to deceive users. It's always important to be vigilant, do thorough research, and never invest in something that promises guaranteed returns with little to no risk.

[Findingnemo]

Its seems old investment of ponzi and not relate if scammer make this way to get investor deposit or donate their fund, all people smart right now and know which one trust or not.

People are interested in making money than ever before it doesn't mean they know what they are doing. GenZ kids may not even have deep understanding of what is investment model but most of them have been a part of social media influence which teaches them wrong information. Indeed it's important to know who to trust and now, majority don't really chose the right ones.

[milewilda]

Its seems old investment of ponzi and not relate if scammer make this way to get investor deposit or donate their fund, all people smart right now and know which one trust or not.

People are interested in making money than ever before it doesn't mean they know what they are doing. GenZ kids may not even have deep understanding of what is investment model but most of them have been a part of social media influence which teaches them wrong information. Indeed it's important to know who to trust and now, majority don't really chose the right ones.

You could actually be able to save up your ass if you are really just that mindful on making up some research first before you would really be taking any step forward or making out some decisions because the main mistake of those newbies is that they do make themselves that become impulsive and this is why they do really end up on making out some investment
without even trying to look at when it comes to the risks involved.  Just bare in mind that everything which is really that too good to be true is 100% a scam.
Nothing on this world such as easy money and this is something you should put up in mind.

[jeraldskie11]

Scammers have been using this method of defrauding people for a long time because they continue to profit from it. I am too a victim of this type of fraud, however I have discovered that this too good to be true project is a scam. Just think what their investment strategy is and why they give out 10% every day. Probably if they offer you this type of stuff, it's a fraud. First of all, once you invest your money in an online platform, the danger is already present, so you need carefully choose which platform is worth investing on. If you've learned crypto well, you won't fall for this again.

I literally don't understand how people tend to believe stories that are too good to be true. Why on earth would a person offer a 10% investment reward daily? People have to learn that crypto Ponzi schemes are questionable, and proper research must be done whenever one comes across such schemes. Moreover, there are several coins to invest in rather than looking for a shortcut to success.

One thing I've learned in crypto to avoid being scammed is to buy a token or a coin in a trusted exchange such as Binance. Even though they only list good coin but this doesn't mean that all coins are worth investing for a long time. Not all the time the investors will stay to them especially if they noticed that the project are only good at telling their plan. So we have to do a research to a coin we want to invest in to get a higher chance of making huge profit in the long run.

Yeah since it is a trusted exchange then it offers reliable and trusted coins as well. Though it is still risky due to the fact that crypto is volatile it is still up on us whether we buy with the hype or you have your own strategy. Scam actually occur on presales, dexes or other early launch platforms which investors should watch out as rug pull is quite common in there.

In the first place we see a coin newly listed in Binance to be a reliable and trusted coin but when times go by, when the bearish market is starting, the real coin will stay. Binance cares their users that's why they are going to delist all the coins who lose their volume, but this doesn't mean they are scam. This only means that some coins that are formerly listed in Binance are dead coins, meaning investing in them won't make you profit anymore. So it's not literally scamming you but you feel like you are being scam because there's no improvement in the price.