BiomeX-Men 40 Posted March 18, 2022 When I first heard about Bitcoin in 2013, I was intrigued because I have a friend who is full of ideas and loves to engage himself in anything crypto related, so whenever I'm around him, he always talks about Bitcoin and how he buys and sells online to make money, and I'm the type of person who enjoys anything that makes money, so I decided to give it a shot. He showed me some apps to download where I could store my coins and also advised me on what to avoid in order to avoid losing money I continue my research by joining crypto groups on social media such as telegram, Facebook, and Instagram. After a week or so, a message appears on my Instagram asking if I have BTC for sale, what is my rate, and how do I receive payment, and I honestly do have BTC for sell and I receive payment through PayPal, but I can't trade with you because I don't trust, he replied and said he doesn't trust me either, and that there is a group on tele That is how I was able to avoid getting conned. Quote Share this post Link to post Share on other sites
BiomeSupergirl 39 Posted March 18, 2022 Your narrative is very long, and it takes up too much of my time to read. I'm not sure whether it's true or not, but I believe you're saved by the bell, and one of your buddies informs you that everyone in that group is a con artist. And the lesson we learn is that we should not put our faith in what we see or encounter on the Internet right away, because today's scammers are out to wreck many people's lives. Quote Share this post Link to post Share on other sites
WitherS 54 Posted March 18, 2022 I'm not going to read it because it's too long, so I'll just go by the title. If you are in a rush, you may make irreversible mistakes, such as sending bitcoins to another wallet (small amount) but inadvertently setting a bigger fee, in which case you would lose your bitcoins with simply a transaction charge. The lesson to be learned here is to be quick when doing something that cannot be reversed. You should also be cautious about whatever service you employ, as some of them are not who they claim to be (some are impostors). Quote Share this post Link to post Share on other sites
respectde 6 Posted March 18, 2022 This has always been a bad concept that leads to being taken advantage of. And I'm not just referring to the scam you described, in which they dupe you into a terrible deal and then loot you, but I'm also referring to misinformation and pump and dump groups. You join these organizations to "learn" more, potentially about how and what to trade, but you end up obtaining a lot of incorrect information that they are providing for their own gain. They may, for example, market a shitcoin that they wish to dump in order to get YOU to buy it from them. One thing we all need to learn about the internet, and this isn't just about bitcoin, is where to obtain our information from and whether it's accurate. It's not the correct place for it on social media. Quote Share this post Link to post Share on other sites
Chonky 34 Posted March 18, 2022 Did you take a triple espresso before you started writing this? Periods and paragraphs are two types of punctuation. In terms of what you say, you are partly correct in that one should not rush into financial decisions, and many scammers prey on this by convincing the victim that he is about to miss out on a tremendous chance. Aside from that, I agree with the others that when it comes to crypto investments, social media networks should be avoided. Quote Share this post Link to post Share on other sites
Aralto 12 Posted March 18, 2022 Did you take a triple espresso before you started writing this? Periods and paragraphs are two types of punctuation. In terms of what you say, you are partly correct in that one should not rush into financial decisions, and many scammers prey on this by convincing the victim that he is about to miss out on a tremendous chance. Aside from that, I agree with the others that when it comes to crypto investments, social media networks should be avoided. Quote Share this post Link to post Share on other sites
bowerzcr 16 Posted March 18, 2022 Op, you must study and probe a site before engaging in any transactions with them, because scammers have devised various methods of obtaining clients through social media; all of the events you described occur not just on Telegram, but also on Facebook. The only thing I want you to know is that it's preferable and encouraged to hold a coin for a long time rather than investing in a ponzi scheme platform that is made up of scammers; second, if you want to sell your coins, go to a well-known exchange like Binance rather than selling to a group you don't know their taproot of exchanges; and finally, I believe you should be curious and smart before you venture into the hands of scammers. Quote Share this post Link to post Share on other sites
NerdsRedstone 33 Posted March 18, 2022 23 minutes ago, BiomeX-Men said: When I first heard about Bitcoin in 2013, I was intrigued because I have a friend who is full of ideas and loves to engage himself in anything crypto related, so whenever I'm around him, he always talks about Bitcoin and how he buys and sells online to make money, and I'm the type of person who enjoys anything that makes money, so I decided to give it a shot. He showed me some apps to download where I could store my coins and also advised me on what to avoid in order to avoid losing money I continue my research by joining crypto groups on social media such as telegram, Facebook, and Instagram. After a week or so, a message appears on my Instagram asking if I have BTC for sale, what is my rate, and how do I receive payment, and I honestly do have BTC for sell and I receive payment through PayPal, but I can't trade with you because I don't trust, he replied and said he doesn't trust me either, and that there is a group on tele That is how I was able to avoid getting conned. First, someone you don't know sends you a message, and you respond without inquiring how he obtained your contact information or blocking that user; I'm just glad the scammer got caught first before you got caught; next time, be wary of spamming related chats as they are part of the route to hacking your account; lucky you. Quote Share this post Link to post Share on other sites
deeffort 50 Posted March 18, 2022 27 minutes ago, BiomeX-Men said: When I first heard about Bitcoin in 2013, I was intrigued because I have a friend who is full of ideas and loves to engage himself in anything crypto related, so whenever I'm around him, he always talks about Bitcoin and how he buys and sells online to make money, and I'm the type of person who enjoys anything that makes money, so I decided to give it a shot. He showed me some apps to download where I could store my coins and also advised me on what to avoid in order to avoid losing money I continue my research by joining crypto groups on social media such as telegram, Facebook, and Instagram. After a week or so, a message appears on my Instagram asking if I have BTC for sale, what is my rate, and how do I receive payment, and I honestly do have BTC for sell and I receive payment through PayPal, but I can't trade with you because I don't trust, he replied and said he doesn't trust me either, and that there is a group on tele That is how I was able to avoid getting conned. Your experience taught you a valuable lesson. There is no reason to be in a rush at any time. "No rush in life," as the popular phrase goes, should always guide our activities. We all need to be patient when it comes to expanding and profiting in bitcoin because a thousand miles begins with a single step. We also need to be cautious with any internet transaction because we don't have concrete knowledge about the information of the people we encounter. I believe we should be cautious and alert when threading. Quote Share this post Link to post Share on other sites
Dullde 62 Posted March 18, 2022 Your experience taught you an invaluable lesson. There's never a reason to rush. "No rush in life," as the popular phrase goes, should constantly influence our decisions. We must all have patience in order to grow and earn in bitcoin, because a thousand miles begins with a single step. We must also be cautious when conducting business on the internet because we do not have clear information about the people we meet. We should be cautious and alert, in my opinion. Quote Share this post Link to post Share on other sites
antlerde 14 Posted March 18, 2022 To be honest, there are a lot of scammers in the Telegram group, so chatting to anyone from there is not a good idea, especially when it comes to trade and money. And that if an unknown person sends you a message with that goal, it is most likely a fraud. It was necessary for us to be more cautious about what we were doing and who we spoke with. We may avoid getting scammed if we are cautious, and we should never trust someone online unless they have a track record of successful transactions. We must increase our knowledge, and we must only employ legitimate exchanges if at all possible. Quote Share this post Link to post Share on other sites