Post
Topic
Board Altcoin Discussion
Re: Why do people still fall victim to obvious scam?
by
bassbity
on 07/07/2020, 12:52:09 UTC
Well, it's not that only early crypto adopters are here. New people keep arriving crypo world and mainly from news like how Bitcoin made people rich etc. So obviously they think it is easy to become rich by getting into cryptos and then sometimes they fall into scam traps.
Agree! Most people believe that cryptocurrency market is an easy market to earn money. They don't really understand the way this market world. They know about crypto through news and media (which is usually overreacting). Because of lack of knowledge, they are at great risk of being scammed. It's too obvious that you'll be fooled if you do something you don't know about!
Many people are tempted by the short price increase, but they do not know if there is a crash in the cryptocurrency market, well of course if someone is just news from them, they will be deceived, but if they do what they want, of course they will feel a heavy failure at first.