Quote from: panganib999 on October 23, 2019, 12:54:10 PM

Quote from: otto93 on October 23, 2019, 09:00:32 AM

What is Scam?
Scam is a dishonest scheme that is carried out by an individual or groups of persons in mode of taking away something that is valuable to others. Those who perform these acts are reffered to as scamers.

How do people get involved, how easily are people scammed and reasons?

Many individuals think of the internet as a get rich quick scheme and once they are exposed to any form of investment promising high ROI, witjout a second taught they jump onto it, you and I as well know how this will end? In a nutshell, GREED is a factor

Secondly the inability to conduct research and make real findings on our own. All this as a result of laziness.

Add yours!!

I entreat all of us to be on the look out for scan projects, make our findings and proof beyound doubts their scam intentions and also avoid been greedy when making an inveatment

Well, the worst thing that you can do when starting up your involvement in crypto space is, entering without knowing anything. it's like going into a war without having any weapons with you., and its like digging up your own tomb. For you to be able to manage and survive, you need to be open with continuous learning and research everything regarding cryptocurrency, trading. mining. investing and such so you won't end up losing all your assets because you got scammed. It's also essential reading threads about scam experiences of others so you could learn from their mistakes.

Fairly said, I believe also that the best teacher one can also have is experience, when you tell folks about most of the risks involved in investing in cryptocurrencies, they wouldn't believe yet they will be able to understand if they face the music and dance to it's tune themselves