Post
Topic
Board Trading Discussion
Re: How many scams have you caught?
by
tjtonmoy
on 06/12/2023, 15:36:07 UTC
What I want to ask you is how many times have you been caught in a scam project?
I have been caught in a scam project before. It was one time with one project. In 2021 but I can't remember the date. That project was called Merlin. It wasn't advertised in this forum. They ran a campaign in Medium. I lost $360+ on that project. They had this staking system where you get a reward for staking their token. I was a newbie and didn't know much. I staked all at once and then the whole project got hacked. Then I came to know that it was an exit plan all along. So I got scammed there. After that, I was very eager to learn to avoid those scams.

Quote
And what factors deceived you?
As mentioned above, I got caught and was not able to get out of it. But after that, I have seen many fishy projects that turned out to be a scam later on. Also, one of my friends got scammed on a project. I immediately recognized it. You can say like a gut feeling. It was related to Tron staking or something like that. You buy trx, you stake that in their platform, and when you try to withdraw, they ask for a fee from you for withdrawing your tokes. Like what the actual fuck. I have the asset in my wallet, take it from there. Why do I have to send more money to get my own money? This is what gave it away. I told him not to continue that and withdraw what is left there. He didn't listen to me and he got scammed.