Quote from: Upgate on October 19, 2019, 11:13:45 AM

I will want to draw attention of newbies towards this scam on social media, the wide popularity of bitcoin is an advantage for criminals.
I got a message from an anonymous person on whatsapp offering me an opportunity to invest in bitcoin and earn twice your investment in no time, this guys confuses you with fake chat of others claiming to have been paid from the investment, which I knew where altered and I did the rightful thing by blocking the person.
I would like to call on newbies not to fall victim on social media in the name of investing in bitcoin
If you willing to invest in bitcoin you can get bitcoin wallet and go to an exchange where you can buy bitcoin and keep in your wallet, very easy.
Planning to double your money in a day through bitcoin on social media is at your own risk there is hardly such type of investment being genuine

Its not only limited to the Newbies but sometimes even the experienced in crypto fell for this scam. It is presented in such a way, that for a moment anyone would be tempted to double their money in no time, but these types of schemes are fraud.

Quote from: Lucius on October 19, 2019, 01:12:36 PM

Quote from: Upgate on October 19, 2019, 11:13:45 AM

I got a message from an anonymous person on whatsapp offering me an opportunity to invest in bitcoin and earn twice your investment in no time...

If someone contacted you through WhatsApp that means you were careless with your mobile phone number, just as you are careless with your e-mail that is displayed publicly through your profile. One of the most important steps is not to make such information public, otherwise you give anyone a chance to contact you and try to deceive you in any way.

Bad people use all possible methods to find their potential victims, and social networks, e-mails, mobile phones are ideal platforms for modern scams. Do not share such data publicly, do not trust unknown people who contact you to make money and you will be safe.

Getting a phone number is not too difficult for the like minded people. If you are a trader, you must have joined few whatsapp trading signal groups and your phone number is easily visible. Also people can send messages on random numbers hoping to get some victims.