Although I don't condone fudding to scare newcomers into selling, getting burned by these antics is what every newcomer has to endure sadly enough. Back in 2012 I fell into the same traps, it's almost like a rite of passage.
Keep calm, educate yourself and VOOT on
Same with me!
That's why I find it morally OK.
Its something that you have to go through and then pass on.