Post
Topic
Board Bitcoin Discussion
Re: What are hidden signs to look for when you're dealing with a Fraudster / Scammer
by
Hyphen(-)
on 17/04/2023, 20:27:48 UTC
So my simple question is this, in your experience, what are the red flags and tell tale signs that the person you are dealing with is a scammer/fraudster.
Because cryptocurrency is so risky, trust is a major issue. Everyone wants to win and make a lot of money when they invest in it, which is why scammers are constantly looking for new ways to scam and defraud people who are new to cryptocurrency or fall for their traps.

Scammers have different ways to be identified which include the following:
They always appear desperate to end or conclude any transaction they started before the victim realizes what is going on; therefore, if anyone is desperate for you to invest in a platform or send any cryptocurrency that you are not sure is a scammer, because real investors cannot be desperate to finish their transactions because they have nothing to fear.

Scammers typically use Telegram channels and groups to find victims and then delete the evidence after they have duped you. They usually have a team that will encourage you to invest or transact with them, claiming that they did theirs and were successful, so you will believe it is true because others have confirmed it for you.

Many users here have mentioned red flags that are used to identify scammers, but keep in mind that scammers are constantly developing new techniques to improve their scams. We simply need to be cautious and continue to learn every day so that we always know what to do.