Why Fake Crypto Staking And Crypto Scams Are So Common Nowadays?

[Sotherefore]

Scammers are really greedy and in many cases they could even invest money to create a scam opportunity. They spend money so that people could start believing more in the king of opportunity they create.

I have seen so many of such opportunities both in cryptocurrency and in other projects, it's not really easy , just that we have to be very careful and we shouldn't also be greedy because they understand that to be our weak points.

 

[Vinsane]

The biggest reason I think is because the economy is in a bad state at the moment and people are willing to do anything to try and earn some extra cash and sadly people take advantage of that!

 

[tray59]

People are in need of money they want money by all means so I think fraud dosnt start today,so I think that you have and need to be alert of scams website that can fraud you of your crypto.

 

[Smiles20]

This is also something that I have observed but you can be able to attribute that to the fact that a lot of people are just looking for ways to make free money even without understanding it.

 

[Good-Person]

People are in need of money they want money by all means so I think fraud dosnt start today,so I think that you have and need to be alert of scams website that can fraud you of your crypto.

Well, I have seen many so-called Big projects turning into a big scam within years or even within months. This is why now I am really, really prudent about investing money online with any kind of project.

 

[Chibson]

The decentralized nature of cryptocurrencies has made it easier for people to use it in order to scam a lot of people on the internet. This is why you need to be very careful on the kind of websites you use.

 

[tyrim88]

One of the major reason why crypto scams are so common is because the world of cryptocurrency is developing at an alarming rate, and it is normal for scammers to invade this type of niche because they could steal people's fund. These are specifically what the scammers do.

You can hardly find a legitimate business that you willnot find the activities of scamers,The returns on the activities of cryptocurency tradings usually make these persons to device means through which they come out to scame people.

 

[Good-Person]

Inflation is also one of the main reasons why scams have become so common. Many scammers are unemployed people who have no means of making money nd they have to resort to scamming, which I think is a bad thing.

 

[future MD]

Since it's a chance for them to make quick money, and since many individuals market crypto stacking as a means of earning, many others are fascinated in it and just follow the trend without even doing any study or analysis on it.

 

[lottowinningsignal]

You can hardly find a legitimate business that you willnot find the activities of scamers,The returns on the activities of cryptocurency tradings usually make these persons to device means through which they come out to scame people.

We can not disclose the fact that there are so many scammers that are trying to rip you off your cryptocurrency funds outside. The scammers are trying on a daily basis to hack your account and steal your funds with different malwares. It is very good that we should try as much as possible not to work on platforms that has no security because it could be very detrimental to our add earned money.

 

[tyrim88]

We can not disclose the fact that there are so many scammers that are trying to rip you off your cryptocurrency funds outside. The scammers are trying on a daily basis to hack your account and steal your funds with different malwares. It is very good that we should try as much as possible not to work on platforms that has no security because it could be very detrimental to our add earned money.

That is just a true fact because most times if you have not fallen a victim tou would not understand how others who have been scame has gone through,a cousine of mine had an experience with some of these platform recently.

 

[Sincerem]

It is so common because they are just looking for opportunity to reap from where they did not sow. . The most important thing is for us to carry out research and avoid dubious platform as much as possible.

 

[Shigobad2020]

Most scammers normally move with the flows of things happening around us , so they realises that crypto currency coin is trending nowadays , so they have diverted their focus on scamming people with crypto

 

[CryptoEarner999]

Cryptocurrency has been proved to be a real money making opportunity for many people and many investors. There are many people who have earned good money already. However, I have also noticed that there are many people who create fake crypto staking platforms and try to entice people into their ponzi schemes. For example, there are many HYIPs that try to cheat people. These HYIPs portray themselves as a legit staking opportunity but in reality they are scams. Why do you think they are so common nowadays?

Because it's easier to scam people when it comes hyped up new technologies.
Crypto is very new and due to the very high hype, there are so many people just going with the flow. So it's very easy to scam these people. But hopefully, as people become more educated on Crypto, these scams would start being less and less common.

 

[greenie]

A lot of people are not ready to seat down and learn the ropes of how this business works and in most cases they are always on the lookout for easy money which is not anywhere.

 

[Good-Person]

Most scammers normally move with the flows of things happening around us , so they realises that crypto currency coin is trending nowadays , so they have diverted their focus on scamming people with crypto

In the past, they were using online payment processors and E-Wallets to scam people. However, now they have shifted towards cryptocurrencies. Scammers would always have advantage in some aspects.

 

[Bethel Victor]

This is simply because crypto seem to be the future and it has lots of earning opportunity, so many people troop into crypto. Most of the people that go into crypto don't have basic knowledge of it, so scammers have seen it as a medium to make money.

 

[Sotherefore]

They are just trying to use people's interest in cryptocurrency against them . They understand that people are very much willing to invest in potential cryptocurrency and make profit with crypto , that is why there is high rate of scamming activities

 

[Shigobad2020]

The fake crypto currency staking sites are normally using the opportunity of people that love crypto currency to scam people because people those sites knows that people will usually stake .

 

[Agbalagbaa]

We have lots of scam platforms online, you have to be very careful, if you are not careful you might easily fall for them, if you don't want to be scammed you have to make a good research.