There will be more scams in the upcoming bull run

[NotATether]

So a while ago in 2021 I'm sure you all remember the spike in investment scams, giveaway scams, hacked-account-promoting-tokens-and-other-shitcoins scams that seemingly exploded out of nowhere when Bitcoin jumped from $20K to $69K.

That's going to happen all over again the next time the price goes up like that. Because the scammers want to target all the new people buying crypto and people without enough knowledge about this.

So:

- don't click on any suspicious link
- don't interact with shady people
- don't randomly send coins to addresses you don't know about

And that's it. Stay safe.

[_act_]

I saw on news how FBI warned people about crypto scam through impersonation. Also recently I read that the commonly known North Korean hackers called Lazarus group are targeting bitcoin ETF. Impersonation scam is very common these days. Some can be in form of employment or job offer but which is not true but scam.

[Ujok]

Be careful when accepting links or various forms related to crypto on social media, there are lots of frauds targeting digital currency wallets because the price of digital currency is very high and they don't bother carrying out their actions by providing links or other forms. other. If someone you don't know gives you a link or something like that, don't click on it and if the link asks to connect your personal wallet, don't do it because this is a form of fraud that often happens now. So now, keep your wallet private, if necessary, install tight security so that your wallet is safe from danger.

[albon]

The more you practice in crypto then the more experience you have, so scammers can't scam you even if they want to. In fact scammers always target new investors because they know that newbies will easily fall into the scam trap. This has happened several times and there are many scamming techniques, so it is important to know them all. Illegal apps cannot be downloaded, software and apps should not be downloaded from any third party websites and unknown links. Clicking unknown gmail and entering the link there can't make account.
Moreover your personal information such as wallet key, password cannot be shared. Don't connect your personal wallet by looking at posts from twitter, facebook.

[0t3p0t]

Yeah I was also one of those who received emails and messages from scammers pretending to be from a project team but I just ignored them and blocked. This was actually new but I know there are still individuals that fall to that kind of scam so yeah I hope we take advices from here so things like that can be avoided.

[Mia Chloe]

So a while ago in 2021 I'm sure you all remember the spike in investment scams, giveaway scams, hacked-account-promoting-tokens-and-other-shitcoins scams that seemingly exploded out of nowhere when Bitcoin jumped from $20K to $69K.
That's going to happen all over again the next time the price goes up like that. Because the scammers want to target all the new people buying crypto and people without enough knowledge about this.
- don't click on any suspicious link
- don't interact with shady people
- don't randomly send coins to addresses you don't know about
And that's it. Stay safe.

+1 for the warning . I think these are things that can easily be avoided but nevertheless it's very important for us to be reminded about these little things. Sometimes I believe greed is one factor that makes humans vulnerable to scams. Sometimes it's difficult for people to turn down offers that look too good to be true even though them seem very skeptical and shady. The fact is just like we too are getting smarter, scams and hacks too are getting better to balance the fact that some persons will still get scammed.
The bull run is something everyone has been anticipating hopefully it comes nicely.

[Findingnemo]

I expect more innovative schemes from the scammers and I mean they are always ahead of the people but when the time is peak they can rise up to something to a new level and nobody didn't see that coming but we can avoid most of them cause they always comes with their old methods that can be noticed in the blink and can be avoided.

Incase if you guys ever came into such scheme please report it whether it's on a forum or any social media.

[dekafee79]

I expect more innovative schemes from the scammers and I mean they are always ahead of the people but when the time is peak they can rise up to something to a new level and nobody didn't see that coming but we can avoid most of them cause they always comes with their old methods that can be noticed in the blink and can be avoided.

Incase if you guys ever came into such scheme please report it whether it's on a forum or any social media.

Scammers will improve or always update their tricks and methods, because every time they commit fraud and have been read by many people, scammers will change their strategy. Your suggestion is good, if we see it, we should report it in the forum so that other members know.

[Sim_card]

One should not also connect his wallet to any app or site that asks for it to avoid wallet drain. The bull run is a period where most people are eager to mame money and that is where they give room to scammers by being vulnerable. OP, thanks for this post because it will safe some of us from being victims during the bull run.

[vegasus]

Indeed. Usually during the bullrun, new projects will also emerge that create FOMO for many people. And usually there will be many newcomers who want to invest in crypto because they are victims of hype, so most of them don't really understand crypto and how to invest wisely.

And this triggers many greedy scammers who take advantage of opportunities to deceive their various potential victims who are mostly beginners. With various methods, both new and old. And this may often happen, but there are still many victims who emerge because of all this.

[yhiaali3]

Thank you for the important tips, safety is the most important thing in the world of crypto because it is full of scammers who are constantly looking for new victims, so it is good to constantly remind especially for people new to the field.

There are many safety measures that must be followed and never neglected because any mistake can cost a lot, the most important thing is not to click on any untrusted link whether it is on social media, email or any website on the Internet.

Downloading cracked programs from the Internet is also very dangerous, unfortunately I fell victim to one of these programs a while ago when I downloaded a crack for a video conversion program from the Internet.

[Themepen]

I completely agree with warning about scams in crypto market. When prices go up scammers come out. We should be careful especially if we are new to crypto or do not know much about it. You gave excellent points but I would like add some more points.

I also think we should

Check information from trusted sources.
Research projects and about team of project carefully.
Make distance from promises that sound too good to be true.
Keep personal info and private keys safe. (Most Important)

Remain aware of these risks and taking steps to protect ourselves we can avoid falling victim to scams. Let's be safe and responsible in crypto community.

[MrSpasybo]

Indeed. Usually during the bullrun, new projects will also emerge that create FOMO for many people. And usually there will be many newcomers who want to invest in crypto because they are victims of hype, so most of them don't really understand crypto and how to invest wisely.

And this triggers many greedy scammers who take advantage of opportunities to deceive their various potential victims who are mostly beginners. With various methods, both new and old. And this may often happen, but there are still many victims who emerge because of all this.

Where there’s opportunity, there’s risk. One of the risks in the crypto market is the existence and proliferation of fraudulent projects. The multitude of GameFi, DeFi, and memecoin projects during the bullrun 2021 is evidence of this: they were hastily introduced during the bull market with numerous promises to attract retail investors, only to disappear quickly, causing investors to lose money and become disillusioned with the market.

Investors should follow fundamental analysts to identify the best projects with transparent teams and backing from large investment funds. This can help them reduce the risk of falling into the trap of fraudulent projects. However, sometimes fraudulent projects are also very professional and difficult to detect, such as Eos (under BlockOne) and FTX. At least we know that BTC and ETH are not scam cryptos, so we can allocate a large portion of our capital to them to ensure profits during bullrun.

[Hatchy]

So a while ago in 2021 I'm sure you all remember the spike in investment scams, giveaway scams, hacked-account-promoting-tokens-and-other-shitcoins scams that seemingly exploded out of nowhere when Bitcoin jumped from $20K to $69K.

That's going to happen all over again the next time the price goes up like that. Because the scammers want to target all the new people buying crypto and people without enough knowledge about this.

So:

- don't click on any suspicious link
- don't interact with shady people
- don't randomly send coins to addresses you don't know about

And that's it. Stay safe.

Will it really matter, the advice we share here on the forum? A lot of people who aren't members of these crypto forum will still fall victim due to intimidation and a lot others. As we walk in to the the bulls, you see so many false investors who also want to buy the trend but don't have money ,claiming to know how to make good amount of money In a short time. And this is even more common on the social medias. Newbies get tempted and buys their lies. Never did they know that these people are scammers, who wants to take money from them, so they can also invest for their own self..

[|MINER|]

There are very few people who haven't fallen victim to a cryptocurrency scam.  Newbies are the main target of scammers.  Because newbies don't know much about cryptocurrencies.  So newbies should always be aware.  Every step should be taken carefully.  Everyone in this forum should be aware.  Do not click any link or send money to any wallet without understanding.  Not only the newbies are victims of scams but also people who have been in the forum for a long time are also victims of scams. During the bull run, the market is more excited and people are more victims of scams. So don't be too greedy and enter any link without understanding.  can't be done