Stay away from crypto ponzis!

[Captain Corporate]

The bull run hasn't started yet, people are acting as if they would never fall for any ponzi ever, because they are capable of seeing the ponzis now, because they are obvious from a mile away. But as someone who has been around for a decade now, I can tell you that when the bull run starts and when people start to make a lot of money, it is going to be easy to fall for prey. Not only because the ponzis/scams will be much better, but they will also be a lot more, and also we would all have profit from real coins, so we will be a lot more snubbish about our talents and that's when ponzis will take our money for sure.

[LUCKMCFLY]

The old players certainly already know many ponzi projects, because ponzi projects at that time did develop quite rapidly.
Many even invest their money into obscure ponzi businesses and use crypto names as an attraction.

Take a look at this picture, if you are an old player, of course you know how the crypto ponzi project that disappeared and deceived many people.

I think it's now more like old users are taking advantage of new users who don't understand how this place works, they are using them for exit liquidity in some scams projects and because how naive and greedy the new users were informed, the are likely to fall victims of scams faster than any one in this space, more new people more likely losses.

I was looking at some of the meme coins that has launched for the past 6 months this year and there is absolutely none of them that are even with user distribution of profits. There are some people that has made money from it and there are some people that loss money from it and guess the people that loss money the most, they are the new users because they don't understand this things like the old users and that looks like scam to me.

I have the same perception as you, however there are buts that they get money from these types of coin projects that wow I don't know how they do it, I imagine that they always do these things to do something more focused on what they have to do, for example when I'm looking for a way to generate more money I Always look for reliable things, and quick money and something easy you always have to put the magnifying glass on it, it's something that I will always see However when we are Looking at different ways to play and earn, everything has to be considered, I see that these things shine for a moment or two, and then everything goes down and they don't go up Anymore.

[akeemqaz]

Apart from staying away from this kind of Ponzi scheme, it's also advisable to stay away from websites or people asking you to pay to learn how to make thousands of dollars daily. If they are earning such amounts, they wouldn't ask you to bring money to earn that amount.

[bayu7adi]

I am very sure that it is not only Ponzi that is being used by fraudsters to look for victims during the current bullish moment. There will be many new fraud schemes that we may not be aware of before the fraud incident occurs. Analyzing several aspects is not enough, because the decision to transfer money is really in our hands, so I think you have to think twice or even three times when you want to send money to someone you don't know, whether for buying and selling or business matters.

New people should be wary of, and if you really feel confident with that person, it's a good idea to try it with a small amount of money first. We cannot know the mechanism of someone's fraud before we become victims.

[Jamal Aezaz]

Apart from staying away from this kind of Ponzi scheme, it's also advisable to stay away from websites or people asking you to pay to learn how to make thousands of dollars daily. If they are earning such amounts, they wouldn't ask you to bring money to earn that amount.

All those are not trustworthy individuals who are providing information related to crypto trading, investment or something else because if they know everything then will be millionaire and millionaires have no need of such a little amount of money as they can easily make it through their strategies and will have no need to ask you to give them money.

Most of those individuals who are new in the crypto world easily get trapped into the planning of such people and they pay money for learning but actually that information does not guarantee that you will make money through it because newbies do not know that the given information will work accurately or not.

[ajiz138]

Most of those individuals who are new in the crypto world easily get trapped into the planning of such people and they pay money for learning but actually that information does not guarantee that you will make money through it because newbies do not know that the given information will work accurately or not.

Most people who end up being deceived are people who are getting to know crypto for the first time, they don't have much knowledge, so they are easily tempted by something they find interesting, and that is definitely related to money.

I think that is a normal thing, it can be a lesson for them to be more careful. Actually, things like this can make them better for the future, because it can make them more careful in doing things.

[Gurujebs]

Most people who end up being deceived are people who are getting to know crypto for the first time, they don't have much knowledge, so they are easily tempted by something they find interesting, and that is definitely related to money.

I think that is a normal thing, it can be a lesson for them to be more careful. Actually, things like this can make them better for the future, because it can make them more careful in doing things.

I can tell you for free that there are some people that are new to this game and they lose money more than even the newbies and this is because they are been drive greed and you know what, many of them knows that such coins are ponzi schemes but will rather just do it and risk it because thy want to test it out if they can make some money from it.

The newbies lacks orientation is why many of them are victims of these Ponzi schemes, they don't want to learn and they also have the same greed in them which makes them to lose money into these ponzi schemes.

[Sim_card]

The bull run hasn't started yet, people are acting as if they would never fall for any ponzi ever, because they are capable of seeing the ponzis now, because they are obvious from a mile away. But as someone who has been around for a decade now, I can tell you that when the bull run starts and when people start to make a lot of money, it is going to be easy to fall for prey. Not only because the ponzis/scams will be much better, but they will also be a lot more, and also we would all have profit from real coins, so we will be a lot more snubbish about our talents and that's when ponzis will take our money for sure.

Of course taking profit and making more money will blind fold some people that they will happily jump into a ponzi scheme unknown to them because they will feel that profit is assured. It is when they have being scammed that they will realize it was a ponzi scheme. Just the way many people will make profit in the bull run is the same way a lot will run at loss too. Meme coins is like gambling and only the luck for you to sell at the right time is what you need.

[milewilda]

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.

If you do really just that make use of your own common sense then you wont really be able to make yourself that being victimized with these scams. Scams and frauds had been long time existed on crypto space wayback before on 2015-2016 on where there are tons of ponzi and hyips on that time on which usually newbies are the ones who do end up on getting scammed
because they do really believe that easy money exist or free money but on the moment that they get scammed then this is where realization would comes next. 

[Captain Corporate]

Using the gullible newbies to take their money for a promise of a huge return has been a popular thing for a long time. The better way is also showing you actually do pay for a while, which makes ponzi work, without that part it would never work. Imagine a ponzi that made many people millionaires, obviously it requires influx of money, I would say as long as you are in profit and can continue to pay, then keep doing it. After a while, since no ponzi can make unlimited money, even if you are Bernie Madoff, you will end up with a loss, and everything will show how you have done something wrong with that money eventually.

[ajiz138]

Most people who end up being deceived are people who are getting to know crypto for the first time, they don't have much knowledge, so they are easily tempted by something they find interesting, and that is definitely related to money.

I think that is a normal thing, it can be a lesson for them to be more careful. Actually, things like this can make them better for the future, because it can make them more careful in doing things.

I can tell you for free that there are some people that are new to this game and they lose money more than even the newbies and this is because they are been drive greed and you know what, many of them knows that such coins are ponzi schemes but will rather just do it and risk it because thy want to test it out if they can make some money from it.

The newbies lacks orientation is why many of them are victims of these Ponzi schemes, they don't want to learn and they also have the same greed in them which makes them to lose money into these ponzi schemes.

They think making a profit from crypto is easy, and they think all coins are the same, so they will easily be tempted, and as you said, they also have greed and want to make a quick profit.

and there will be 2 people who are born after they have been deceived, the first one they will want to learn to know about crypto completely, and there are people who finally give up and they will even think it's all the same (crypto is a fraud).

[NotATether]

They think making a profit from crypto is easy, and they think all coins are the same, so they will easily be tempted, and as you said, they also have greed and want to make a quick profit.

and there will be 2 people who are born after they have been deceived, the first one they will want to learn to know about crypto completely, and there are people who finally give up and they will even think it's all the same (crypto is a fraud).

I just don't understand why people think they will suddenly get rich after they have *just* gotten into crypto. It's pretty weird the more you think about it. Because it's like they see all these people who have made a bunch of money on shitcoins, but there is no guarantee or any sort of possibility that it will happen for them.

People really are gullible, aren't they.

[0t3p0t]

Apart from staying away from this kind of Ponzi scheme, it's also advisable to stay away from websites or people asking you to pay to learn how to make thousands of dollars daily. If they are earning such amounts, they wouldn't ask you to bring money to earn that amount.

Well, I've seen these kind of content on social medias or streaming sites but I am not gonna fall for it because aside from being not able to afford it, I am just looking for something that works for me just like in trading a lot of people offers online courses that has been uploaded many times on the internet we just need to find it and modify it based on our own understanding. If it works in our trial and error and it makes us profitable then that's a good one and I don't think you are gonna sell it maybe you will just literally use it and achieve financial freedom from it. No need to fall for something that only works for other people as it may not work for us.

[bayu7adi]

Apart from staying away from this kind of Ponzi scheme, it's also advisable to stay away from websites or people asking you to pay to learn how to make thousands of dollars daily. If they are earning such amounts, they wouldn't ask you to bring money to earn that amount.

Everyone considers it a logic in considering offers. I really agree with the way you think and consider the offer. It really doesn't make sense if someone can make more money than recruiting new members and convincing those new members. Moreover, in this investigation, many people are definitely hoping to reveal the secret of how someone can make big money... that's very illogical and someone shouldn't make money by selling a technique to make money that has more potential.

Everyone definitely wants to take the easiest way, and get maximum results, rather than having to go through the difficult way and the results will be ineffective.

[Cryptsafe]

Using the gullible newbies to take their money for a promise of a huge return has been a popular thing for a long time. The better way is also showing you actually do pay for a while, which makes ponzi work, without that part it would never work. Imagine a ponzi that made many people millionaires, obviously it requires influx of money, I would say as long as you are in profit and can continue to pay, then keep doing it. After a while, since no ponzi can make unlimited money, even if you are Bernie Madoff, you will end up with a loss, and everything will show how you have done something wrong with that money eventually.

I see ponzi as robbing Mr A to pay Mr B and that keeping repeating itself in a circle. When there are large participants, and other members in it are making money from it by virtue of their early adoption or entrance into the system, they keep recruiting others and using themselves as examples of how they have benefited from it.

That is how they keep decieving people in to it making them think it is real but the smart ones who knows their tricks just take profit ones or twice and leave the system and in most cases when that begins to happen, the ponzi scheme begins to shake and when they discover it, they start pulling out funds and allow the scheme to collapse doing away with peoples funds.