Why does scam succeed?

[betece777]

because in crypto there is no definite law and can deter the deceiver this is a weakness in crypto there is no basic law and just have enough trust, if you have been hit by a scam you cannot complain anyone you can only confide and share stories in furom only

[Leebarnes]

being greedy and want to be an instant millionaire this characteristic  is the  key of the scammer to be successful

[Noni]

yes, right from the greed that we have, it is easily exploited to benefit the fraudsters so we must be careful in investing our money

[Nisa12]

they succeed because they offer benefits that are very fast and easy to do and that often happens to beginners who have no experience in the cryptocurrancy world, so we have to be good and not careless

[Pandawa5]

a fraudster will do everything he can to benefit himself wherever he is including the world of cryptococurrancy which is growing in the community.
if we don't want to fall we have to find out first

[TheHero]

Despite unconvincing storylines,widespread media coverage and in this Technology Era, people are still falling for scams. Human behaviour experts explain the psychological techniques used to cheat people. And Scammers always target specific weaknesses and some people who just new in some sort of things. We give example in this crypto world. Send 1 ETH to get 20 ETH after a week. How can we easily get the profit like that? only invest and wait until 7 days to get the 20x profit? its 100% scam. My friend is a trader and sometimes he will suffer from the lossing too. And some scam succeed because the victim too lazy to research them first and only just trust the new person and then feel regret after that.

[pelana vreo]

Doing research before you invest in crypto is something you have to do, don't invest because you see a big sales bonus at the ICO, it won't guarantee you get a profit.

[AltLogan]

Why? Because too many people want to earn easy money.
Of course they have to work hard in order to look like good services but nevertheless as soon as they receive money - it's quite easy to disappear.
And if one does it with crypto - he earns twice.

I would say they are smart enough, therefore they are able to make such frauds.

[Sapp]

we really want big profits and they immediately make very mature strategies so that we are lulled by a very profitable offer and that's where we will be exposed to their fraud. Deception can succeed because we are lulled by big profit hopes,

[Niteroy]

Scammers have always existed, so it is not surprising that they are now. Cryptocurrency is a topic that most people know very little about and scammers use it. They enjoy a low level of knowledge of people. Yes, they are constantly improving the types of fraud, but if you also constantly learn, get new knowledge, then it will be difficult to deceive you. You also need to remember that a person can be deceived only if he allows it to be done.

[akitha]

It just because people don't want to research about the project. Mostly newbies are the one who has been scammed.> But honestly it is very difficult to tell whether the project is scam or no..They are very professional on scamming investors

[Mr.X]

It is a and unfair to all the hunters effort scam will be succeed because of there badly kind of moves stealing the private key to each members that"s why they succeed there works mentally.

[kurapika]

They take advantage as we don't have any criminal offense in cryptocurrency. Also they can use any identity to scam people and they are not afraid as crypto is not totally supported by any government agency. We heard many scammed projects but no one was in jail.
The only way to combat those scammers is to have a regulation in launching ICO that those who want to launch ICO will deposit some collateral amount to the regulating agency as payment to the investors if they will run away after the ICO.

[Contagem]

Most often, the people themselves are to blame for being deceived by the scammer, because people are lazy to think, read, and succumb to greed. If you always remember that free cheese is only in a mousetrap, then you will be fine. Scammers think their head to come up with a new way of fraud, why don't we think before committing any actions?

[Raboni]

That's what they practiced all the time to scam others. It is stealing others properties without any verbal communication rather they did it through scammers ways maybe hypnotism by attracting investors to participate in their developed project which is scam. They succeed because they got enough victims.