Post
Topic
Board Economics
Re: There are still really a lot of fools when it comes to crypto investment?
by
hafiztalha
on 25/07/2025, 19:56:58 UTC

There are still many who fall for these kinds of scams, it really comes down to a lack of knowledge. As they say, it's just easy money or HYIP. Even though regulations are getting tighter, some still manage to slip through, and most of these scams happen in poor countries.

Maybe these people were probably offered a different job at first, but when they got to the actual work, it turned out to be a scam. They probably can’t leave anymore because there’s a big syndicate behind it. The pattern seems familiar, kind of like the scenario with POGO here in the Philippines.

There's no point of labelling one as fool for falling victims of scams and frauds yeah sometimes greed may creep in seeing the packages that those scammers advertise and on a norms it's hard to let go of it knowing fully well you can get it, this is a more reason most people are found as victims of scams and frauds. But sometimes a little research about it will be good. They just set a bait looking very attractive and lure users to apply and then you're stucked I think we all need to be careful this days.
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Many people are thinking that cryptocurrency is scam but I saw many scams but they were not a cryptocurrency. Many projects or teams did scams with the investors by taking benefit of good name of cryptocurrency. In the 2010 , cryptocurrency was in the initial stage and many people invested a little amount of money and after few months they got huge profit. After that many people invested for a long time and now they are ultra rich people of our society. But after that, scammers came in the market and invented different methods to do scams with the investors. They are making a website and then they are involving people with airdrop and promotion but they are not paying anything to these people and after getting good amount of money they fled . That is their profession and I think that is not cryptocurrency and people should do their own research before investment.