Quote from: rachael9385 on Today at 06:34:36 PM

Quote from: Son Of Blockchain (SOB) on March 10, 2025, 09:33:04 PM

I see people relating crypto scams to newbies only but the honest truth is that scammers feed on people's ignorance, not only that but greed as well, therefore anyone can be a victim, not only newbie. Well, newbies are their easiest targets cause their ignorance makes them very vulnerable but their are some newbies that are very smart and careful online not to lose money to scammers.

The truth is anyone can become a victim to scam just as you have said earlier, but it's not only crypto related things. There are different methods that scammers are using to get into people's head. Although you are right because the majority victims of scam are mostly the greedy people. A greedy person can not different legit or scam because they actually convince themselves about anything that's involves profits.

So far, many people have always introduced crypto as the most profitable investment to attract beginners, but very few of them explain that crypto also has high risks. As a result, beginners often lose both in investing, trading, or becoming victims of fraud. If you don't have enough knowledge about crypto, don't immediately believe in jumping into the crypto world because the crypto world is still very dangerous for ordinary people, however, we all know that there is a lot of fraud in the crypto world.

This fraud is something that cannot be separated from the crypto world because they always take advantage of opportunities, especially those who are greedy, it is very easy to become victims of fraud. Often fraud occurs not only because they don't have enough knowledge, they become victims because of greed. These two aspects provide easy access for fraudsters to carry out their actions.