Are you a victim of Cryptocurrency Scam? It's your Fault or not!

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Interesting Article for all

4 years ago

In community: Filipino writer(89ae)

Scammers are a dastardly, low down bunch. Preying on the gullible, extorting the vulnerable, and hoodwinking the hoodwinkable with their promise of free bitcoin if you send a little first and daily interest on your Bitconnect loan.

It’s an indisputable fact that if the cryptocurrency space were cleansed of scammers, the web would be a better place.

It’s also a fact that if you’ve been scammed of cryptocurrency, it’s probably your fault.

Let’s be clear though: victims of cryptocurrency scams – no matter how naive or avaricious they may have been – don’t deserve ridicule.

There is no poetic justice in watching the greedy get deprived of the very thing they crave, and there is no satisfaction in watching scammers walk away with millions of stolen ether.

It’s possible to feel a twinge of sympathy for victims whilst also feeling that they brought it on themselves. But sympathy won’t get their money back.

The only way to stop this sort of stuff from happening is to tell it like it is. So here goes:

Stop taking the bait. Stop buying into schemes that look too good to be true. And stop encouraging your friends and relatives to buy into them too. Cos if there’s any subset of victims who don’t deserve the fate, it’s those who were lured into the Ponzi scheme by people they trusted.

There’s a steep learning curve with cryptocurrency. Anyone entering the space for the first time can be forgiven for feeling overwhelmed and ill-informed.

That’s why it’s important to get the lie of the land before jumping in with both feet. Buy some bitcoin. Purchase a Crypto legit. But don’t, under any circumstances, enter into coins, schemes, and ICOs you don’t understand and haven’t researched.