Post
Topic
Board Beginners & Help
Re: Anyone can fall victim to crypto scams
by
Makus
on 21/04/2025, 00:16:33 UTC
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.
 Although some can easily be fooled online. For instance, someone was scammed through releasing his passphrase, the scammer told him that he'll be gifted free coins but he'll have to drop his passpharse and out of ignorance he released it to the scammers and the rest of his coin in his wallet was history you'll be suprised how easily such person got scammed but think about it greed could play a role to that.
 Maybe the free money he was offered was very huge that he couldn't decline, maybe he might be ignorant but their are people even those with better understanding of the implications of releasing their passphrase that would overlook the implications and release their phrase to the scammer out of greed, everyone just needs to be more careful and avoid being greedy cause many have been scammed due to greed both ignorant and experienced crypto enthusiast.

Crypto scammers do feed on those with less knowledge about how they should secure their seed phrase or keep some  vital information private, it's easier for scammers to steal your crypo when you make use of the wrong moves. Most people thinks saving their seed phrase in their emails or cloud is actually the best way of safeguarding it Lol. This action is majorly practiced by newbies who thinks they've discovered a new medium, well at some point in my life I also taught same way, not until came across a blog that talks about backing up seed phrase offline