Right now FAKE WALLET is most interested way for scammer by sharing their private key and show us how much assets in their wallet.There are many other common ways. Example is to connect you web3 wallet to a scam site. Another common on are fake exchanges. If someone deposit on the exchange, that means the person has been scammed. Another common one which is recovery service which are completely scam. Scam through impersonation is still common. Another one are address poisoning et cetera.
1. Never listen to an offer which is too good to be true: usually you just almost nothing and you can earn a lot of bucks just have some capital and turn your money to someone else.I think this is an important thing for new investors to pay attention to. They often easily put money into projects that are hastily created during a bullrun with a lot of promises of future profits. I've received many questions related to bad new projects during the bullrun 2021. Most of them had problems with the team, solution, and tokenomics, especially the promises related to profits.
2. Scammers are now getting so creative and even ahead of times when it comes to their crafts so always do some search and think a lot of times before you made the big jump.This is what often brings victims who are beginners. because let alone the creativity of scammers who make their scam projects or activities run very creatively and smoothly. various types of old scams also often trap beginners and become victims of these scammers.
1. Never listen to an offer which is too good to be true: usually you just almost nothing and you can earn a lot of bucks just have some capital and turn your money to someone else.Avoiding projects that offer a good return on investment will do better. Don't invest in them, no matter how sweet the offer can be. Keeping in mind that projects skyrocket in price organically will do a lot better to save one not to fall victim to pump-and-dump projects. Investing in a project because it pumps in price, remember it will eventually experience the same dump you are avoiding, to make you have a loss investment. However, invest wisely because you are convinced within yourself after carrying out your own research that a project will do well with time
There are many other common ways. Example is to connect you web3 wallet to a scam site. Another common on are fake exchanges. If someone deposit on the exchange, that means the person has been scammed. Another common one which is recovery service which are completely scam. Scam through impersonation is still common. Another one are address poisoning et cetera.Connect wallet is common way how to make many people got loss their assets, usually happening for airdrop participants without recheck the website for connecting their wallet are trusted or not before losing their fund.
For cryptocurrency holder their assets in wallet, make its privacy and never connected with not trusted site and checking more detail if required for connecting wallet are there web3 wallet scam or trust.What exactly do you mean by "are there web3 wallet scam or trust"? Are you saying that scam services will likely hide some details from you, or that scam web3 wallets will hide details and automatically sign transaction or something similar? I can't really understand it.
To avoid crypto scams, stick to reputable platforms with solid security, always enable two-factor authentication, and be cautious of phishing attempts—don’t click on suspicious links or share personal info. Thoroughly research any investment, check reviews, and understand the project before diving in. Also, be skeptical of unsolicited offers; if someone pitches a "hot tip," do your own research instead of relying on their advice.Agree. It is better to use trusted platforms only, don't use random platforms. When I want to trade my coins or store my coins temporarily, I prefer to choose top exchanges only. This is also the way to avoid scam exchanges. There are so many scam platforms, scam projects, or scam sites. So we must be more careful now! True, we must always do deep research and check the reviews from other people who ever used it. If we always becomes more careful, I think we can avoid the scams. In most cases, people are deceived by scammers because they are doing something carelessly.
I am sure there can be more good advice on how to avoid scams and frauds...and I want you to share it here for all of us to learn on.Your trust is something that scammers hope to gain first before they can successfully carry out their dubious schemes on you. If you do not easily trust, you will not easily fall victim to these scammers. Before you trust, you have to verify, and you do not need to trust blindly or completely. Trust is not something that should just be easily given to people or individuals simply because they are our friends or family members; they can be as dangerous as strangers. Before you trust someone, be sure that they have earned it.
I am sure there can be more good advice on how to avoid scams and frauds...and I want you to share it here for all of us to learn on.I can't agree more with your words and these are some good tips +1 for you. I also wanted to add a few examples of such scams that can also give newbies more idea of how really such scams work. For example, the Twitter (AKA X) account of some celebrity got hacked and the hacker made a tweet that connected your wallet to this link and got one in a time NFT people thought it might get them some good profit and everybody started connecting their account and lose and that day $900k were stolen by everyone who connected their wallets.
It would be interesting to see a quiz or test and let the people share their results with possible identification of scams, like an interactive one that makes you understand if you are susceptible to scams.
I'm interested in doing one.
When someone is not that eager to make it quickly in the cryptocurrency industry, it’s hardly likely for them to fall for all these kinds of scams. Most of these scammers’ tactics usually involve trying to get someone to double their money. When some people hear that, due to their desire to make money quickly, they just follow the scammers' instructions. If anyone doesn't want to fall into the hands of scammers, they should stop thinking that they can make it quickly. There is no free money anywhere because big profits are what most scammers use to attract people.
Some scammers run a legit platform then freeze the users account and take their balance and explain that they have broken some of the rules or they didn't follow it so there's nothing the users can do but to complain. Other scammers only make an exact copy of an original platform but the difference is the platform url, it is called phishing websites.If you do not trust a platform, this means that all the links related to it are unreliable links, let alone phishing links, but some services create temporary platforms and manage the exchange process via the binance OKX kucoin API, so you must be careful when using unknown platforms.
There is no free money anywhere because big profits are what most scammers use to attract people.That is part of it, i usually tell people that anything that looks too good to be true is probably a scam, until you can prove that it isn't. Greed is a major reason people get scammed, if you are not greedy you'll not fall for giveaway scams, you'll not fall for money doubling schemes, etc.
Nowadays, scammers come up with many types of offers that a newbie will be surely attracted to them, that is, those who do not have much knowledge about online and scams will easily fall for the scammers. So they have to be careful, they have to understand that no one will pay them in vain. Those who offer this kind of thing, all you have to do is create an account, and give a promo code, so you get $10000 (just for understanding). They are 100% scammers. So always be careful, Don't enter any highly profitable offers online they are scammers.Scammers also disguise themselves as important people in telegram groups, tricking beginners into following instructions given through private messages.
To avoid crypto scams, stick to reputable platforms with solid security, always enable two-factor authentication, and be cautious of phishing attempts—don’t click on suspicious links or share personal info. Thoroughly research any investment, check reviews, and understand the project before diving in. Also, be skeptical of unsolicited offers; if someone pitches a "hot tip," do your own research instead of relying on their advice.Hridoy7788 has given strong advice to avoid crypto scams because as a beginner this is mostly the mistakes you can make as a result of ignorance, beginners can’t differentiate between reputable exchanges and fake ones, they don’t know how dangerous it is when they click on suspicious links and get easily fooled by unrealistic promises and that way they are easily exposed to scams.
There are so many methods of fraud in crypto, from classic tricks to modern tricks that can be said to be difficult for us to identify, so we must remain vigilant against suspicious ones and always double-check with the correct verification so as not to fall into the trap of fraudsters who are trapping.Fake site always lead on the first line when searching on google, I believe its old trick from scammer how easily make their scam website get higher traffic and success make real site get under position on keyword search at google. I think more security when accessing some exchange or dapp check their twitter official and linked the website at their twitter profile.
Would love for more people to share their tricks.
I always visit social platform X where there are also many fake sites that look legitimate, with so many promising this has also been a lot of victims including my own friend drained his wallet due to phishing sites.
Fake site always lead on the first line when searching on google, I believe its old trick from scammer how easily make their scam website get higher traffic and success make real site get under position on keyword search at google. I think more security when accessing some exchange or dapp check their twitter official and linked the website at their twitter profile.I think investors are now more cautious about this type of scam because it has been warned everywhere. Checking the link should be done multiple times before we connect our wallet or use information from them. Bookmarks also work effectively in this case to avoid unfortunate mistakes.
Have many kinds of scammer trick make us loss assets from fake site, drained and hacking our wallet by sending scam token recently has higher values, take care your wallet and protect your self from all scam site still not stop by scammer to avoid us from scamming site.
1. Never listen to an offer which is too good to be true: usually you just almost nothing and you can earn a lot of bucks just have some capital and turn your money to someone else.
2. Scammers are now getting so creative and even ahead of times when it comes to their crafts so always do some search and think a lot of times before you made the big jump.
I am sure there can be more good advice on how to avoid scams and frauds...and I want you to share it here for all of us to learn on.I will add some more:
I am sure there can be more good advice on how to avoid scams and frauds...and I want you to share it here for all of us to learn on.Most times, why beginners get scammed is that they believe that making money online is very easy and fast. They fail to get the fact that there's no easy way to make money anywhere that why some stranger pulls out from ho where a pull off a scheme on them and steal theie funds. The best way to avoid being scammed as a beginner is to do proper research of any investment proposal you have been offered. Don't be fooled by mere talks about being rich over night.
Thank you for creating this topic I have familiar most of them on the list on the screenshot except the Rug pull scams. Can anyone explain it to me so that I can easily understood that. I am going to do google searching and I want also from some word from you guys.
You can say that greed is one of the major reasons why there are investors that are still getting scammed, but let's add MISINFORMATION to the mix as well because right now and with how people use the internet now, the amount of misinformation that we are seeing online increases. We've seen videos on YouTube that are misleading these newbie investors therefore, there's a high chance that they might get scammed. We've seen people that are spreading false information online, and the ones that are falling to this traps are newbies.There is no free money anywhere because big profits are what most scammers use to attract people.That is part of it, i usually tell people that anything that looks too good to be true is probably a scam, until you can prove that it isn't. Greed is a major reason people get scammed, if you are not greedy you'll not fall for giveaway scams, you'll not fall for money doubling schemes, etc.
+1 thanks for your notice, I thought no one have seen this post of mine :PThank you for creating this topic I have familiar most of them on the list on the screenshot except the Rug pull scams. Can anyone explain it to me so that I can easily understood that. I am going to do google searching and I want also from some word from you guys.
A rug pull is a scam where token developers abandon a project and take off with investors' money. First, the developers will create and list a new crypto token on a decentralized exchange. They promote this heavily through social media, influencers, and promises of huge returns. The hype creates buzz and many people buy because of FOMO. When enough money is invested, the developers sell off their holdings which crashes the price. They've "pulled the rug" out from investors and left them with worthless tokens.
The Squid Game token is a concrete example of a rug pull. It was inspired by the TV series and heavily marketed. Just days after its launch, the developers sold their holdings and disappeared. The token's value dropped from $2,800 to zero.
If we think we have acquired the required basic information and knowledge about the crypto network, then we still have more task ahead to do as a continuous process, this is on the security measures expected of us to take in other not to fall in for scam, there will be several attempts which people would have be making online to see that some fall their prey, but when we know how to identify such, we will always avoid them from happening.Yeap. Because If we look back to previous history then we will saw that the days gone the hacker or the scammers tooked new plan strategy to phishing the people and if we talk about the cryptocurrency then it is happening more here because of the anonymity.
I think investors are now more cautious about this type of scam because it has been warned everywhere. Checking the link should be done multiple times before we connect our wallet or use information from them. Bookmarks also work effectively in this case to avoid unfortunate mistakes.
It would be terrible if investors had to put real money into the market, trying to spend time and effort to invest and generate profits but end up losing all their crypto assets due to connecting their wallet to a fake site. I usually trust the links provided on Coinmarketcap or Coingecko to avoid fake sites.
Scams on Twitter are rampant these days, it's good that projects have started to make tweet saying, 'this is last tweet of the thread' — otherwise the viewer wouldn't even be able to figure out the correct link and fall prey to scam.
So what are the most important and practical ideas that can help newbies to never be victims of scams and frauds? Here are some from me:To how much I have come to understand the concept of fraudulent in the Crypto industry, we really can not cut its scamming existence off but we can only curve to limit individuals falling victims because most scammers are professionally knowledgeable with different skills of entrapping victims.
Scams on Twitter are rampant these days, it's good that projects have started to make tweet saying, 'this is last tweet of the thread' — otherwise the viewer wouldn't even be able to figure out the correct link and fall prey to scam.
It's good that some project provide warning. But IMO the reader should also check who exactly share the link.
the most frequent victims are those who are given tempting offers in a short time, such as big profits when making a deposit of a certain amount and they will get fixed profits within a few months... this scheme is usually not far from ponzi and this has claimed many victims... the guise of this fraud model is very diverse, and has even spread to telegram...I strongly agree with this opinion. Greed of quick and easy profits can be dangerous trap mostly leading to financial loss. Schemes promise mostly high returns in short time are mostly Ponzi schemes or similar fraudulent websites. These scams can attract in various ways and have even contact by social media platforms like Telegram.
The point is, be careful when you spend money. When it looks attractive, then it could be bait for you.. while you are the fish... Don't be easily tempted by something instant, because money is not that easy to get for people who don't have the skills.
Don't answer texts and messages from random people who promise that they will make you money. This is a very common scam that could completely wipe you out if you're not careful.It often happens on the Telegram application, suddenly there are people who offer investments with very high APY and have strange platform names... for those who have joined the cryptocurrency category telegram group, they may also be contacted by these people often, so it is true, that be careful when you have to spend your money on people you don't know.
Avoiding scams is a very necessary thing every beginner in crypto should learn of. Crypto is full of scams; that's why everyone should up their game so as not to fall prey to crypto scams as many scammers are hovering around crypto space with different scamming strategies.Telegram channel is easily way how scammer avoid the beginner in cryptocurrency by sending any fake link or scam kinds of investment, usually when our position as beginner every day receiving some one message us about investment offering in cryptocurrency and offer us for investing with project give high return.
That being said, if a beginner in the crypto space adheres to the advice given in this post, they will go a long way in having their crypto assets secured
Scams on Twitter are rampant these days, it's good that projects have started to make tweet saying, 'this is last tweet of the thread' — otherwise the viewer wouldn't even be able to figure out the correct link and fall prey to scam.
It's good that some project provide warning. But IMO the reader should also check who exactly share the link.
Yes, they should, but you know how it goes with scammers, they make handle name look like official handle and people (especially newbies) fall into trap of thinking it's legit handle and click the link.
Scams on Twitter are rampant these days, it's good that projects have started to make tweet saying, 'this is last tweet of the thread' — otherwise the viewer wouldn't even be able to figure out the correct link and fall prey to scam.
It's good that some project provide warning. But IMO the reader should also check who exactly share the link.
Yes, they should, but you know how it goes with scammers, they make handle name look like official handle and people (especially newbies) fall into trap of thinking it's legit handle and click the link.
Or even there are cases that the original account has been hack and so we don't have any idea that it is under the hackers already and so we fall for the trick of sending some money to them. And now with the advancement of AI, it's going to be very hard to even verify that the own we are conversing are AI generated and we would thought that it is a real person. So the best thing for us to do is to be very vigilant always and be on the lookout and follow our hunch. If we feel that we are talking to scammers then stop.
The first rule we must ensure not to avoid is from our desperation for making money online, because this will ultimately be a reason why many would have fall a victim of scam, when they were busy running up and down over online offers promising big rewards, but they are not taking their own personal time in making research over them to see or know whether its true or not.Desperation for money is not the issue here because recently, a person lost 55 million DAI to a scammer's phishing attempt. Can you believe that a wealthy person could lose money to such scammers? He linked his wallet address to a phishing site and even signed the transaction. If I were in his place, I would never connect my wallet to any site. Instead, I would transfer funds from one account to another if I needed to sell or swap them.
The first rule we must ensure not to avoid is from our desperation for making money online, because this will ultimately be a reason why many would have fall a victim of scam, when they were busy running up and down over online offers promising big rewards, but they are not taking their own personal time in making research over them to see or know whether its true or not.The main principle that must be done is to always listen to and read well the information that can possibly be obtained, so with that do not hesitate to do research from everything that is obtained before deciding what to do. Right, many offers are available online, and it is very promising that sometimes is no longer examined so that many are fooled by it, the promise of a big prize is certainly good if it is true, but can it be trusted? Continue to analyze well before doing.
Don't answer texts and messages from random people who promise that they will make you money. This is a very common scam that could completely wipe you out if you're not careful.A very popular scam fueled by greed, if not greed tell me why someone would believe that a complete stranger would help them make money or double the money that they have, that is totally ridiculous. The scammer would only end up scamming the person, taking away the little the person has, this experience has taught a lot of people not to be greedy.
Now beginners really have to learn how to avoid scams and traps created by scammers.In addition to digital, beginners are also wary of real things in the field... the last time I saw a fraud with the same model, but moving directly to the target's house. Usually they target people who are no longer young, especially retirees who have more time at home... minimal knowledge of technology, makes fraudsters pretend to be teachers for those who provide a way and teach how to make money... targets who feel like students, there is no other word but to obey....
The more advanced today's technology with the help of AI the easier it is for scammers to make their fraud methods more perfect.
As a person who has been in crypto for quite a long time, I also have to keep up with the development of this technology and of course beginners should also do it. It is also easier to learn something, if beginners cannot develop then it will hinder them and only become a target for scammers.
Do research on each project that will be followed to be used as an investment, make sure it is safe and can provide profits.
Don't answer texts and messages from random people who promise that they will make you money. This is a very common scam that could completely wipe you out if you're not careful.A very popular scam fueled by greed, if not greed tell me why someone would believe that a complete stranger would help them make money or double the money that they have, that is totally ridiculous. The scammer would only end up scamming the person, taking away the little the person has, this experience has taught a lot of people not to be greedy.
A very popular scam fueled by greed, if not greed tell me why someone would believe that a complete stranger would help them make money or double the money that they have, that is totally ridiculous. The scammer would only end up scamming the person, taking away the little the person has, this experience has taught a lot of people not to be greedy.
Here in the Philippines, it is frequent that we will get that text message and this scammers will take everything, from banks to other government services and then they will have you to click on a phishing link.
Although I think there are users that are already aware of this kind of attacks so I'm assuming that there are not anymore victims in this kind of phishing scams. Anyway, we should still be very attentive with this kind of attacks, just saying.
Although I think there are users that are already aware of this kind of attacks so I'm assuming that there are not anymore victims in this kind of phishing scams. Anyway, we should still be very attentive with this kind of attacks, just saying.Even in where i live, scammers also sent text messages and even make phone calls, impersonating reps of a particular service, you are right that there is a lot of awareness on scams and scammers like this and their victims have reduced, but they still get victims. I hope we get to the point where scammers get little to no victims again.
Those scumbags are devising different methods every day and also looking for ways to develop their already existing methods just to ensure they successfully defraud their victims without them even seeing they're being scammed, and the bitter truth about this issue of scamming is that, these scammers are very smart, because sometimes I just stand to imagine just how they're able to successfully maneuver their way into people's head and just deceive and confuse them into sending them money or releasing sensitive informations to them. The truth is that, we can't be careful enough and we can't completely avoid these scammers, the least we can do is try to be updated on latest trends so we use the informations to avoid being victimized by these scammers.Although I think there are users that are already aware of this kind of attacks so I'm assuming that there are not anymore victims in this kind of phishing scams. Anyway, we should still be very attentive with this kind of attacks, just saying.Even in where i live, scammers also sent text messages and even make phone calls, impersonating reps of a particular service, you are right that there is a lot of awareness on scams and scammers like this and their victims have reduced, but they still get victims. I hope we get to the point where scammers get little to no victims again.
In addition to digital, beginners are also wary of real things in the field... the last time I saw a fraud with the same model, but moving directly to the target's house. Usually they target people who are no longer young, especially retirees who have more time at home... minimal knowledge of technology, makes fraudsters pretend to be teachers for those who provide a way and teach how to make money... targets who feel like students, there is no other word but to obey....It would attack a person directly, and their target would be a person who had no power and effort to resist or even obstruct their plans.
So, in addition to being wary of digital offers, we must also be wary of real offers in the field.
Now beginners really have to learn how to avoid scams and traps created by scammers.Speaking of AI and it's development, there's already a thing called "Deepfake" where in a video, it appears that the CEO or the developer of the project is speaking and talking about their project and in the end, they will ask for some money. If you're a newbie, and you saw that video with lots of flowery and attractive words, for sure you will get attracted to it, will invest into it and *poof* your money is gone in an instant.
The more advanced today's technology with the help of AI the easier it is for scammers to make their fraud methods more perfect.
As a person who has been in crypto for quite a long time, I also have to keep up with the development of this technology and of course beginners should also do it. It is also easier to learn something, if beginners cannot develop then it will hinder them and only become a target for scammers.
and the bitter truth about this issue of scamming is that, these scammers are very smart, because sometimes I just stand to imagine just how they're able to successfully maneuver their way into people's head and just deceive and confuse them into sending them money or releasing sensitive informations to them.I don't really agree that scammers are as smart as people say they are, it is very easy to spot what scammers do, i haver never been a victim of scam, be it fiat or crypto scam. Just as i have already said, any greedy individual is vulnerable to scammers, whatever they tell them sounds like an opportunity to make money, but they don't know that they are about to lose the money they have.
Trust me when I say this, those scumbags are smart, not all though, some of them are dumb and uses old and outdated techniques and that's why they're quite easy to spot or predict that they're about to scam you. It might interest you to know that some of these scammers are graduates, some have good technological skills and knowledge, which makes them an expert in what they do, now some of them are even involved in diabolical practices. Not like I actually believe in anything diabolical, but I believe they're using it and it helps them to became to maneuver their ways into their victim's heart.and the bitter truth about this issue of scamming is that, these scammers are very smart, because sometimes I just stand to imagine just how they're able to successfully maneuver their way into people's head and just deceive and confuse them into sending them money or releasing sensitive informations to them.I don't really agree that scammers are as smart as people say they are, it is very easy to spot what scammers do, i haver never been a victim of scam, be it fiat or crypto scam. Just as i have already said, any greedy individual is vulnerable to scammers, whatever they tell them sounds like an opportunity to make money, but they don't know that they are about to lose the money they have.
Now some of these scammers even go as far as building and even cloning an Already existing app, and you still want say that these folks aren't smart?It's not a new thing that most of these scammers are full literates. They are just people who already had the nerves to steal from little child. Even though their techniques are pretty old, a lot of people still fall victims of their petty scams. Most times they can go to any extent to make sure they get what they want from their victims, just like you said, diabolical methods too. The best way to avoid such people is to avoid being greedy. Most people who fall victims of scam are those who thinks it's easy to make millions over night. And when they come in contact with such offers, they won't think twice but send funds ASAP, thinking they are going to o Become rich.
I don't really agree that scammers are as smart as people say they are, it is very easy to spot what scammers do, i haver never been a victim of scam, be it fiat or crypto scam. Just as i have already said, any greedy individual is vulnerable to scammers, whatever they tell them sounds like an opportunity to make money, but they don't know that they are about to lose the money they have.It seems like there is something missing about you, a person who is quite active in the online world, usually at least once in their life has felt like a victim of fraud or hacking. No matter how smart you are, be careful in doing anything, because in reality, scammers are not as stupid as you think. Even the seeds of these scammers can be associated with their intelligence with top hackers... to measure their activities, you can search for them on the darkweb or the underground internet, there the movements of clever scammers are quite attention-grabbing.
It's not a new thing that most of these scammers are full literates. They are just people who already had the nerves to steal from little child. Even though their techniques are pretty old, a lot of people still fall victims of their petty scams. Most times they can go to any extent to make sure they get what they want from their victims, just like you said, diabolical methods too. The best way to avoid such people is to avoid being greedy. Most people who fall victims of scam are those who thinks it's easy to make millions over night. And when they come in contact with such offers, they won't think twice but send funds ASAP, thinking they are going to o Become rich.Yes it's no longer news that these scammers are literates and quite intelligent too, but it's quite unfortunate that most people underestimate these scammers hence putting themselves in a very vulnerable environment or place, making them potential victims to these scammers.
I don't really agree that scammers are as smart as people say they are, it is very easy to spot what scammers do, i haver never been a victim of scam, be it fiat or crypto scam. Just as i have already said, any greedy individual is vulnerable to scammers, whatever they tell them sounds like an opportunity to make money, but they don't know that they are about to lose the money they have.It seems like there is something missing about you, a person who is quite active in the online world, usually at least once in their life has felt like a victim of fraud or hacking. No matter how smart you are, be careful in doing anything, because in reality, scammers are not as stupid as you think. Even the seeds of these scammers can be associated with their intelligence with top hackers... to measure their activities, you can search for them on the darkweb or the underground internet, there the movements of clever scammers are quite attention-grabbing.
One of the reasons why we fall victim to scams or hacking is because we underestimate them. Sometimes if we think we are smart, we think that all the steps we are taking are correct. We don't realize that there are things we still need to know. So to avoid or minimize being a victim of hacking let's not be too confident, always make sure our decisions and actions in terms of your assets in crypto.I don't really agree that scammers are as smart as people say they are, it is very easy to spot what scammers do, i haver never been a victim of scam, be it fiat or crypto scam. Just as i have already said, any greedy individual is vulnerable to scammers, whatever they tell them sounds like an opportunity to make money, but they don't know that they are about to lose the money they have.It seems like there is something missing about you, a person who is quite active in the online world, usually at least once in their life has felt like a victim of fraud or hacking. No matter how smart you are, be careful in doing anything, because in reality, scammers are not as stupid as you think. Even the seeds of these scammers can be associated with their intelligence with top hackers... to measure their activities, you can search for them on the darkweb or the underground internet, there the movements of clever scammers are quite attention-grabbing.
There are stupid scammers, and there are smart ones too. Don't let former cloud your judgement.I agree with what you are saying, my point is that one can avoid these scammers, all they need is just one mistake or one loophole for them to attack, i try as much as possible to make sure i do not make any mistake that can make me vulnerable to scammers. Even people who use hardware wallet or cold storage and still get scammed made one mistake or the other that made them open to scam, however, if you use cold storage and you know what you are doing, it is almost impossible to get scammed.
One of the reasons why we fall victim to scams or hacking is because we underestimate them. Sometimes if we think we are smart, we think that all the steps we are taking are correct. We don't realize that there are things we still need to know. So to avoid or minimize being a victim of hacking let's not be too confident, always make sure our decisions and actions in terms of your assets in crypto.
I feel that some major reason that makes some people to become victims is because of greed, inpatient and carelessness. Some people are careless with their security and that is why they get scammed, some people too are greedy to the extent that they invest in sweet fake offers.Greed is the true nature of human beings, and of course the level will also vary.
Greed is the true nature of human beings, and of course the level will also vary.That's right, if I trace all my history of being a victim of fraud, it is because of the sweet promises of the fraudster, my greed and ignorance of the current conditions... I have been a victim of fraud several times, and all the methods are different... the amounts vary, starting from $ 3 to the largest of $ 500 +... from there I began to learn that trusting people I just met is not a wise move... especially for buying and selling transactions, the existence of a middle man or escrow is quite important to secure our transactions...
As a beginner who does not understand how the crypto market works, you will be tempted by the offer of high income, even though it is just a trap.
There are many types of scams that can trap anyone, and some scams are aimed at beginners.
I was also a beginner and fell into a trap that cost me thousands of dollars, but it was a valuable lesson for me.
-snip-It's better to use an escrow service that is trusted and has good feedback.
Starting in 2021, I have very often used escrow or middle man services for transactions worth more than $ 50... and started to be a little skeptical of strange offers on the internet.
Although I think there are users that are already aware of this kind of attacks so I'm assuming that there are not anymore victims in this kind of phishing scams. Anyway, we should still be very attentive with this kind of attacks, just saying.Even in where i live, scammers also sent text messages and even make phone calls, impersonating reps of a particular service, you are right that there is a lot of awareness on scams and scammers like this and their victims have reduced, but they still get victims. I hope we get to the point where scammers get little to no victims again.
We must admit that the scammer is smarter than the one being cheated, because his cleverness is able to provide more trust so that they are willing to do whatever he tells them to do, because they are indeed lured by a prize that has set a trap to be able to take everything they have., But it could be that what you say is true because greed can no longer control itself to be able to understand whether it is true or not but immediately believes it.Don't answer texts and messages from random people who promise that they will make you money. This is a very common scam that could completely wipe you out if you're not careful.A very popular scam fueled by greed, if not greed tell me why someone would believe that a complete stranger would help them make money or double the money that they have, that is totally ridiculous. The scammer would only end up scamming the person, taking away the little the person has, this experience has taught a lot of people not to be greedy.
I feel that some major reason that makes some people to become victims is because of greed, inpatient and carelessness. Some people are careless with their security and that is why they get scammed, some people too are greedy to the extent that they invest in sweet fake offers.Indeed. Those 3 things are the main reasons. People who never care about these, will easily become the victim. Moreover if people don't care with their security, scammers will be easy to scam them. Both beginners and experienced people actually have the same chance to be scammed if they are careless. That's why it is very recommended to be careful in everything we do in crypto, especially when it is related to managing our assets. We must be very careful to keep our passwords, key phrase, and etc. This private data should be stored in a very safe place.
If you're a beginner, then always try as much as possible to see that you tidy up the way you go about cryptocurrency investment by learning form those that already have the experience, then its also a good idea to start small and then later grow the investment with time, we must also try to avoid alts to an extent if we really want to reduce the chances on getting involved with shitcoins.
Over confidence definitely not good and a lot of people make mistakes from being over confident but then you have a point also, greed, and carelessness are major factors that make people fall victim to hacks and scams. Greed will let you believe anything possible to just earn money quickly without minding if they are legit or fake, you will do anything for the money while being careless to not even bother to verify the authenticity of it.One of the reasons why we fall victim to scams or hacking is because we underestimate them. Sometimes if we think we are smart, we think that all the steps we are taking are correct. We don't realize that there are things we still need to know. So to avoid or minimize being a victim of hacking let's not be too confident, always make sure our decisions and actions in terms of your assets in crypto.
I feel that some major reason that makes some people to become victims is because of greed, inpatient and carelessness. Some people are careless with their security and that is why they get scammed, some people too are greedy to the extent that they invest in sweet fake offers.
Over confidence definitely not good and a lot of people make mistakes from being over confidentsooner or later someone who is overconfident will be humbled down of course they will learn a lesson but it would have been learned the hard way some people might even lose their confidence from making a mistake but as long as you have enough knowledge then you can trust yourself
sooner or later someone who is overconfident will be humbled down of course they will learn a lesson but it would have been learned the hard way some people might even lose their confidence from making a mistake but as long as you have enough knowledge then you can trust yourself
Sometimes too overconfident is also not good, because it will greatly affect what you do in every job. Eventually you can become overconfident and can turn on yourself. On the one hand, confidence is also allowed, but don't get too over it, because it can't protect itself against the mistakes it might make.Over confidence definitely not good and a lot of people make mistakes from being over confidentsooner or later someone who is overconfident will be humbled down of course they will learn a lesson but it would have been learned the hard way some people might even lose their confidence from making a mistake but as long as you have enough knowledge then you can trust yourself
I personally am always careful when it comes to following newly launched cryptocurrencies, except maybe I believe in Bitcoin and Ethereum. There are so many DMs to my personal Telegram offering about cryptocurrencies, not to mention I was immediately added to a cryptocurrency group that I didn't know. This is annoying, but many also say that this cryptocurrency is a good source of finance to invest in.That's very important. Being very careful and carrying out your own research is a very important part of Doing anything investment related in the crypto space. For a very long time now the entire crypto space has been saturated with a lot of scam coins as well as alot of pump and dump coins. It takes a nice level of research and understanding of the crypto space and ecosystem to be able to spot out quality projects and also potential projects. Like I always say , the crypto space is a nice space but it could very well be a nightmare too to those that a poorly orientated about it especially when it comes to the aspect of security.
Indeed, the proper and detailed investigation of the digital asset before investing in them is critical. Given that there are so many fake coins and pump and dump schemes, it is crucial to be familiar with the industry and the projects it holds. The crypto world is indeed promising but it also brings a lot of risks that the people should avoid, if they are not so careful enough. It is therefore noteworthy that having good knowledge and understanding of the various security aspects can help a long way in preventing such incidences and make better investment decisions.I personally am always careful when it comes to following newly launched cryptocurrencies, except maybe I believe in Bitcoin and Ethereum. There are so many DMs to my personal Telegram offering about cryptocurrencies, not to mention I was immediately added to a cryptocurrency group that I didn't know. This is annoying, but many also say that this cryptocurrency is a good source of finance to invest in.That's very important. Being very careful and carrying out your own research is a very important part of Doing anything investment related in the crypto space. For a very long time now the entire crypto space has been saturated with a lot of scam coins as well as alot of pump and dump coins. It takes a nice level of research and understanding of the crypto space and ecosystem to be able to spot out quality projects and also potential projects. Like I always say , the crypto space is a nice space but it could very well be a nightmare too to those that a poorly orientated about it especially when it comes to the aspect of security.
Indeed, the proper and detailed investigation of the digital asset before investing in them is critical. Given that there are so many fake coins and pump and dump schemes, it is crucial to be familiar with the industry and the projects it holds. The crypto world is indeed promising but it also brings a lot of risks that the people should avoid, if they are not so careful enough. It is therefore noteworthy that having good knowledge and understanding of the various security aspects can help a long way in preventing such incidences and make better investment decisions.Sometimes I think some newbies in the crypto ecosystem actually don't mess up because they have zero knowledge about the crypto space however it's more because of fake and misleading information out there. And the whole stuff actually makes sense. Because there is virtually no one in this era that doesn't have even a glimpse of the idea of crypto currencies and or the crypto space in general. Infact we are in a digital era an as such the awareness of the digital space in let's say inevitable.
I personally am always careful when it comes to following newly launched cryptocurrencies, except maybe I believe in Bitcoin and Ethereum. There are so many DMs to my personal Telegram offering about cryptocurrencies, not to mention I was immediately added to a cryptocurrency group that I didn't know. This is annoying, but many also say that this cryptocurrency is a good source of finance to invest in.What you are doing is something right, and I will also do the same thing with what you are doing. Indeed, every new project that comes up should be analyzed well and look at many factors that are with the new project, because it is possible that without analysis we can be deceived, because of their smartness to do so.
1. Never listen to an offer which is too good to be true: usually you just almost nothing and you can earn a lot of bucks just have some capital and turn your money to someone else.
2. Scammers are now getting so creative and even ahead of times when it comes to their crafts so always do some search and think a lot of times before you made the big jump.
I personally am always careful when it comes to following newly launched cryptocurrencies, except maybe I believe in Bitcoin and Ethereum. There are so many DMs to my personal Telegram offering about cryptocurrencies, not to mention I was immediately added to a cryptocurrency group that I didn't know. This is annoying, but many also say that this cryptocurrency is a good source of finance to invest in.Bitcoin is undoubtedly a good way to invest your money, but I can’t say the same for altcoins, as a matter of fact, I have quite the opposite point of view concerning altcoins, and I think anyone who chooses to invest in them would be doing so at their own risk and should at all time approach with extreme caution. Because when you’re investing in shitcoins, you can never be careful enough as you don’t know when the project would be dumped, because most of those projects are mostly pump and dump projects and those who actually benefits from such projects are the developers and also some of the early investors who are lucky enough to take out their profits before the dumps.
Beginners think the crypto space is where you will earn quick money. That is why they fall victim to all these scammers.
So what are the most important and practical ideas that can help newbies to never be victims of scams and frauds? Here are some from me:These scammers are always getting new methods to get new victims which are always beginners in crypto and greedy crypto investors.
1. Never listen to an offer which is too good to be true: usually you just almost nothing and you can earn a lot of bucks just have some capital and turn your money to someone else.
2. Scammers are now getting so creative and even ahead of times when it comes to their crafts so always do some search and think a lot of times before you made the big jump.
3. Don't just go along with the crowd that may lead you to the slaughterhouse...popularity is not always the gauge or the test of being true or genuine as even the most popular people can also be scammed or worst are scammers themselves.
I am sure there can be more good advice on how to avoid scams and frauds...and I want you to share it here for all of us to learn on.
I personally am always careful when it comes to following newly launched cryptocurrencies, except maybe I believe in Bitcoin and Ethereum.bitcoin and ethereum are not newly launched projects these two are the oldest most used with biggest marketcaps in the cryptocurrency industry these two are the most reliable and most trusted by crypto users
There are so many DMs to my personal Telegram offering about cryptocurrencies, not to mention I was immediately added to a cryptocurrency group that I didn't know. This is annoying, but many also say that this cryptocurrency is a good source of finance to invest in.beware of people randomly messaging you especially those who want you to click on suspicious links or fill out specific forms that require you to input personal information do not download anything from messages that people you don’t know send
Scammers are not limited to the internet, they can be found anywhere, even among our trusted friends. Therefore, anything pertaining to your assets should be private. Social media influencers had been a contributing factor in the problem that led to newbies being scammed, so newbies should be on guard because the majority of them fall for luxurious materials that influencers used to convince people of their legitimacy and use malware links on their page to trick people.
I am sure there can be more good advice on how to avoid scams and frauds...and I want you to share it here for all of us to learn on.
Of course, there is no doubt about the capacity of bitcoin and ethereum and I strongly agree that they are two very old coins and until now they dominate crypto with the largest and best market capitalization, until now, and it is very difficult for anyone to surpass, even though there are many movements below them, but they are still the best.I personally am always careful when it comes to following newly launched cryptocurrencies, except maybe I believe in Bitcoin and Ethereum.bitcoin and ethereum are not newly launched projects these two are the oldest most used with biggest marketcaps in the cryptocurrency industry these two are the most reliable and most trusted by crypto users
It seems that we should not always trust any shipments that we do not know, because usually the contents look very good but are very misleading when we follow the directions they do, because usually what we have followed will make whatever we have in our wallet instantly change hands. Agree, do not download any messages that we do not believe, and we will be saved.There are so many DMs to my personal Telegram offering about cryptocurrencies, not to mention I was immediately added to a cryptocurrency group that I didn't know. This is annoying, but many also say that this cryptocurrency is a good source of finance to invest in.beware of people randomly messaging you especially those who want you to click on suspicious links or fill out specific forms that require you to input personal information do not download anything from messages that people you don’t know send
if you want to protect data to be safer, then never install something that is a threat to our computers, even if it is an official application... at least avoid unnecessary things to keep devices containing our sensitive data, at a safe level...That is true, and it is safer if one should store their coins in an offline or airgapped device, if you store your funds in the same device you use to browse the internet, there is always risk, because anything online is prone to hacking.
Actually, the existing wallets are also good, and their protection can be considered good, but again, as said, not to install something that we are not sure that can be safe and is not something that can harm our computers. Also protect our computers with good anti-virus protection.if you want to protect data to be safer, then never install something that is a threat to our computers, even if it is an official application... at least avoid unnecessary things to keep devices containing our sensitive data, at a safe level...That is true, and it is safer if one should store their coins in an offline or airgapped device, if you store your funds in the same device you use to browse the internet, there is always risk, because anything online is prone to hacking.