Stay away from crypto ponzis!

[Jamal Aezaz]

Yeah they only see the profits they have obtained without seeing how many failures they have experienced before becoming very rich people from Cryptocurrency. As far as I know in Cryptocurrency, not many people immediately succeed in becoming rich. Keep trying your best and seeing people who have succeeded in getting rich from Cryptocurrency is an encouragement so that we can become one of the rich people from Cryptocurrency.

It is normal that when people become successful then they forget about the difficulties which they have experienced in the past so it is to be noted that all experienced traders must have experienced failure in their past but they never get disappointed and learn something new at every step of their life. I think learning something due to experiencing failure is a good step because our mistakes teach us to be bold in future due to minimizing such negative steps.

Continuous struggle will make you able to do something better in future but don't take steps in crypto with a mind that you will become rich immediately because if you have such a mind then you will not be able to tolerate ups and downs as well as you will put money continuously without thinking about your failure and this method will put you at risk.

[Jomisa]

Yeah they only see the profits they have obtained without seeing how many failures they have experienced before becoming very rich people from Cryptocurrency. As far as I know in Cryptocurrency, not many people immediately succeed in becoming rich. Keep trying your best and seeing people who have succeeded in getting rich from Cryptocurrency is an encouragement so that we can become one of the rich people from Cryptocurrency.

It is normal that when people become successful then they forget about the difficulties which they have experienced in the past so it is to be noted that all experienced traders must have experienced failure in their past but they never get disappointed and learn something new at every step of their life. I think learning something due to experiencing failure is a good step because our mistakes teach us to be bold in future due to minimizing such negative steps.

Continuous struggle will make you able to do something better in future but don't take steps in crypto with a mind that you will become rich immediately because if you have such a mind then you will not be able to tolerate ups and downs as well as you will put money continuously without thinking about your failure and this method will put you at risk.

Your last paragraph is valid. Most people come to crypto with this mindset of getting rich quickly and end up being rekt.

[MUGNIA]

Yeah they only see the profits they have obtained without seeing how many failures they have experienced before becoming very rich people from Cryptocurrency. As far as I know in Cryptocurrency, not many people immediately succeed in becoming rich. Keep trying your best and seeing people who have succeeded in getting rich from Cryptocurrency is an encouragement so that we can become one of the rich people from Cryptocurrency.

It is normal that when people become successful then they forget about the difficulties which they have experienced in the past so it is to be noted that all experienced traders must have experienced failure in their past but they never get disappointed and learn something new at every step of their life. I think learning something due to experiencing failure is a good step because our mistakes teach us to be bold in future due to minimizing such negative steps.

Continuous struggle will make you able to do something better in future but don't take steps in crypto with a mind that you will become rich immediately because if you have such a mind then you will not be able to tolerate ups and downs as well as you will put money continuously without thinking about your failure and this method will put you at risk.

agree
every success must have a struggle and a story behind the success,
failure is used as a lesson and motivation for the future, not as a regret every time you take a step,
and dicrypto is not a place for people who want to get rich quickly, nor is it a tool to multiply money, in crypto you need knowledge, patience and accuracy to get everything you hope for,

[albon]

Not only Instagram, they are active in all social media sectors to scam and many people are being cheated by them. Especially those who are new to the crypto market are the victims of these scams. In fact, these investment companies are very old stories and there they used to distribute profits to investors through revenue share. But with the increase in fraud, people have forgotten all these investment systems. So if someone gives you such an offer then it is definitely a scamming attempt.

[0t3p0t]

Not only Instagram, they are active in all social media sectors to scam and many people are being cheated by them. Especially those who are new to the crypto market are the victims of these scams. In fact, these investment companies are very old stories and there they used to distribute profits to investors through revenue share. But with the increase in fraud, people have forgotten all these investment systems. So if someone gives you such an offer then it is definitely a scamming attempt.

I see this kind of scam mostly on Telegram wherein random accounts will send you messages and when you reply on them they will try to convince you on doing something like clicking links or sometimes they try to sell you tokens or encourage you to invest on something but I blocked them right away so I will be safe from fraud or phishing links and possible scams.

[albon]

Not only Instagram, they are active in all social media sectors to scam and many people are being cheated by them. Especially those who are new to the crypto market are the victims of these scams. In fact, these investment companies are very old stories and there they used to distribute profits to investors through revenue share. But with the increase in fraud, people have forgotten all these investment systems. So if someone gives you such an offer then it is definitely a scamming attempt.

I see this kind of scam mostly on Telegram wherein random accounts will send you messages and when you reply on them they will try to convince you on doing something like clicking links or sometimes they try to sell you tokens or encourage you to invest on something but I blocked them right away so I will be safe from fraud or phishing links and possible scams.

Besides, many new scamming possibilities are also available from twitter. They promise to giveaway money and tweet, like, share through it. All these giveaways are demanding small fees from you. In general there are many ways of scamming, so after coming to crypto you have to prevent yourself from all these scams. On the other hand you will get similar groups from Telegram who are opening Telegram accounts in conjunction with other projects and will offer you profit just for wallet connection.

[milewilda]

Not only Instagram, they are active in all social media sectors to scam and many people are being cheated by them. Especially those who are new to the crypto market are the victims of these scams. In fact, these investment companies are very old stories and there they used to distribute profits to investors through revenue share. But with the increase in fraud, people have forgotten all these investment systems. So if someone gives you such an offer then it is definitely a scamming attempt.

I see this kind of scam mostly on Telegram wherein random accounts will send you messages and when you reply on them they will try to convince you on doing something like clicking links or sometimes they try to sell you tokens or encourage you to invest on something but I blocked them right away so I will be safe from fraud or phishing links and possible scams.

Besides, many new scamming possibilities are also available from twitter. They promise to giveaway money and tweet, like, share through it. All these giveaways are demanding small fees from you. In general there are many ways of scamming, so after coming to crypto you have to prevent yourself from all these scams. On the other hand you will get similar groups from Telegram who are opening Telegram accounts in conjunction with other projects and will offer you profit just for wallet connection.

Scammers and fraudsters wont really be that lacking for any methods that they could really that make use of as long they could really be able to scam out people then they would
really be making those new ways if ever that their current ways or methods are busted or been known already. As long there's money that would circulate into this market
they would really be that keep on making new ways and methods that have known so that they would really be able to continuously be vicitmizing into those people
who do really believe about easy money.

[JoyMarsha]

It's during the bull run season, that you get to see different offers from ponzi scheme on social medias promising and bringing enticing offers to investors just to have them scammed.

It's the greedy people that fails mostly to their scam because they feel like making it big in this bull run, not knowing that this is not exact time for one to invest in coins that promise a double profits within a short time

[Cryptsafe]

It's during the bull run season, that you get to see different offers from ponzi scheme on social medias promising and bringing enticing offers to investors just to have them scammed.

It's the greedy people that fails mostly to their scam because they feel like making it big in this bull run, not knowing that this is not exact time for one to invest in coins that promise a double profits within a short time

As for any project that PM's me investment with a high return in a short time interval is tagged a scam. I automatically report and block that person because it is too real to believe such a childish talk. Such can not happen just like that aside it being a ponzi scheme that promise the world and end up ripping you of your hard earned resources.
I agree with your opinion that it is mostly greedy people who fall for this because of their desire to get everything very fast. This is the reason why they fall easily to Scammers without taking out time to conduct due diligence before investing.

[bayu7adi]

Does this only happen during the bull run season??? I don't think so... even when bearish, someone will still spread their Ponzi scam because actually this kind of fraud is never influenced by changes in the price of Bitcoin or other cryptocurrencies... and their target is definitely someone who doesn't even understand cryptocurrency prices. because new people's knowledge about cryptocurrency is also very limited... that's where fraudsters take advantage of loopholes, gaps in the limited general and basic knowledge about cryptocurrency... while the bullish moment is only an amplifier.

[Kemarit]

Does this only happen during the bull run season??? I don't think so... even when bearish, someone will still spread their Ponzi scam because actually this kind of fraud is never influenced by changes in the price of Bitcoin or other cryptocurrencies... and their target is definitely someone who doesn't even understand cryptocurrency prices. because new people's knowledge about cryptocurrency is also very limited... that's where fraudsters take advantage of loopholes, gaps in the limited general and basic knowledge about cryptocurrency... while the bullish moment is only an amplifier.

Yes, it's just in bull run, this is often magnified as obviously there is a hype and there are a lot of people trying to get their hands on crypto and so are very clever and they will target this newbies very often because of their inexperience and possible greed because they think that they can just turn their crypto in x amount of returns in short amount of time.

So we really need to be very careful of this fraudster, there are a lot of them in this market. Even clicking a link is very dangerous to us and so as a beginner the first thing that we should learn is to practice security and safety hygiene so that we won't be the next victims.

[Roseline492]

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

Ithose things are very common this days especially when the bull run is about to happen you will see so many crypto that would display to have a high potential and funny enough most people always fall a victim of those ponzi because of the motive of turning $100 into $3k, so the truth is that people should be very careful with the kind of crypto they put there money into because I could vividly remember what happened to a friend during the bull season when he was lured to invest on a particular coins so that he will make a lot of profits when the time comes and he invested a lot of money and after then he has not been able to sell the coin because they have rug pulled.

[milewilda]

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

Ithose things are very common this days especially when the bull run is about to happen you will see so many crypto that would display to have a high potential and funny enough most people always fall a victim of those ponzi because of the motive of turning $100 into $3k, so the truth is that people should be very careful with the kind of crypto they put there money into because I could vividly remember what happened to a friend during the bull season when he was lured to invest on a particular coins so that he will make a lot of profits when the time comes and he invested a lot of money and after then he has not been able to sell the coin because they have rug pulled.

Bull run or not, there would really be those things which are on existence. This is why it would really be that best that you should really be that making use of your common sense if we do speak about into those ponzis and other doublers who do really that exist on the moment that the market will really be that having that upward movement on which its yes its really that indeed bit true
that it would really be that even more rampant into these times considering that there would really be tons of people that dives into this market on this very moment specially into those
noobs who do easily believe that things are really that could possibly happen.

[Cryptsafe]

Not only Instagram, they are active in all social media sectors to scam and many people are being cheated by them. Especially those who are new to the crypto market are the victims of these scams. In fact, these investment companies are very old stories and there they used to distribute profits to investors through revenue share. But with the increase in fraud, people have forgotten all these investment systems. So if someone gives you such an offer then it is definitely a scamming attempt.

If is unfortunate that newbies are always the one's falling for these scams. They fail to conduct their due diligence before embarking upon anything online Crypto investment. For the fact that they do not have any idea how it works,, they ignorantly jump into any free give away which is not good.. sometimes, I wonder how these scammers are able to convince their victims into releasing huge amount of money to them for investment without meeting with them one on one. Nobody can scam me again as I have known their tricks and gimmicks they use.