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A friend lost $3500 yesterday to a scammer and how they managed to get away with it still beats me. The signs are back up and there are those who are up to no good and will never even try to be. They lurk in the very open looking for who to scam.
The cryptocurrency space being young, has been known to be responsible for more than $4billion lost to scammers since 2017.
Yes, over $4billion USD lost since 2017 and that is a number as reported by the media. What about those scams that didn't make it to the social media trending pages?
Social media is evil as it is also a social good and with it, comes the pain.
No one can say they have not been approached at a time or the other during their crypto journey.
The Bulls are loose and with it, comes the scams that will send many to the deficit and we must be vigilant. Any project that promises 100%x profit is a scam or a ponzi at best.
No project has the ability to do that much if they are truly working based on a ling term goal. Good things work way slowly than the easy ones that ends up a pain.
do not transact with people you are not familiar to and never allow someone bully you to believing you will be missing out if you didn't invest in their project.