Post
Topic
Board Beginners & Help
Re: Reason Why People(Mostly Newbies) Fall Victim To Scams Easily.
by
Vaculin
on 19/09/2022, 21:55:08 UTC
Too much greed is an unhealthy mindset and most of them ( I think the majority) had fallen to losing ends.
 - too much greed
 - knowledge
 - experience

These are the most probable cause that newbies or some people become a victim of scam projects. And this was the reason also why people had changed and growing as they learn a lot from their bad or worse experiences that open their eyes and see the reality of the market.
greed will become a ticking time bomb and this will have a detrimental effect. Greed doesn't matter whether someone is a beginner or not, some of those who are already professionals are also caught up in greed. This is indeed an unhealthy mindset and requires self-introspection so that it does not become a trait that continues to emerge.
Aside from greed, lack of knowledge and experience will also be great factors for you to end up in scams easily. Since you want to explore the whole crypto market and it’s different opportunities, then maybe the reason why some become blinded with the huge offers and fail to trace the red flags that scams are very capable to.