Avoiding Scams For Beginners

[libert19]

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.

[bayu7adi]

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...

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.

[Themepen]

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...

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.

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.

It is good to exercise caution when you are going to do investment especially research about those that seem too good to be true. Always keep in mind there is no shortcut to make money it requires effort patience and skill. Do not be greedy and always prioritize careful consideration and research before parting with your hard earned money.

[NotATether]

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.

[Odohu]

I think one of the most important things newbies need to know is that nothing is completely free and "if it is too good to be true, then it probably isn't". Many scammers get their victims by presenting to them what seems to be easy money but the main target is to scam them of their money or data. The moment we realize that nothing good comes easily and nothing is free, we will be able to put our greed in checks.

[JoyMarsha]

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.

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

[bayu7adi]

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.

In addition to telegram, for those who often do KYC to participate in aidrops, this database is also often used by fraudsters to contact you... fraudsters can enter via email, SMS or WhatsApp... for those who have already sent identity photos on several platforms, limit transactions with foreign numbers to stay safe.

[bounceback]

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.

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

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.

Its important for beginner learn more about how to safe their cryptocurrency assets to avoid from scammer sent them fake link until be smart when making investment on trusted project. Don't easily excited with higher reward promising by scammer because all of them have targeted with beginner to scam.

[Jating]

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.

[libert19]

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.

If you have to send money, you should already be suspicious, but people usually fall because of greed.

Regarding AI I agree, I saw a video where David Beckham was seen to promote some crypto stuff, at start of ad it looked genuine, but after a while when he started to promote crypto stuff then I realized it was deepfake.

[Aanuoluwatofunmi]

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.

[ZAINmalik75]

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.

Keeping such a large amount in a single wallet and then using that wallet carelessly will lead to scams. We are more likely to be scammed when we act quickly without a clear mind.

[lepbagong]

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.

[Aanuoluwatofunmi]

We cannot help in avoiding scam for any because we will not be held responsible for anyone who lacks the idea of how to stay updated on the necessary steps needed to take before engaging into crypto, also knowing about how to maintain a well and secured measures on the security of our assets is important, when we have insight on all these, losing or falling for any attempt on scam or hack will be difficult because we already know about them and could identify one once we see them coming. 

[taufik123]

Now beginners really have to learn how to avoid scams and traps created by scammers.
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.