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

[Lens]

The vast development achieved in the crypto space calls for extra caution, because the cyber criminals are using the popularity of cryptocurrency to perpetrate illicit act. They are on top of the game in stealing investors fund. My advice is to always check ratings of companies before accepting them.

 

[Aaron625]

Simple reason , there are still some many people who fall for these scams cheaply and thats why the scammers and scam hyip sites that show themselves legit staking platforms are growing rapidly.

 

[Shigobad2020]

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?

fake Crypto currency staking and crypto scamming are now rampant online simply because people are getting to know the importance of crypto currency nowadays and scammers are using it as an avenue to scam them.

 

[Alexandoy]

When there is a hype in the internet there would be the scammers lurking around to find willing victims. Usually the scammers would offer incredible rate of earning for the interest of your investment. That's how they do it in the offline and offline scamming. They are preying on your greed.

 

[Bousine123]

This is because people want to maje quick cash in the shortest time possible.you should also know that while some are loosing, some are also benefiting from it.

 

[Ralphjoe]

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?

Well I think that all this fake cryptocurrency exchange platforms are cropping up because they want to exploit people's ignorance so knowing a crypto-currency exchange platform that is not genuine and also for the fact that the cryptocurrency industry is not regulated and it being the industry is quite regulated then there will be no incidents or instance of people falling prey to all this fake cryptocurrency exchange platforms and cryptocurrencies staking platform.

 

[Senator]

They are becoming very common this days because they seem to also have noticed that people can easily get enticed into such schemes and also easily get scammed without much difficulty. So they keep thriving

 

[Suba]

Because fraudsters will offer to make easy money, such as fake staking sites, so many beginners are tempted and deposit some crypto, if you want to stake crypto you should use an official wallet, so you will avoid fraud.

 

[Nomad]

I am not surprised when I hear about fake crypto currency or fake crypto staking platforms. I am surprised when I hear about people getting scammed on these platforms. There are a lot of legit platforms, why on earth people join scam programs? Perhaps they are idiot or greedy

 

[Good-Person]

Well I think that all this fake cryptocurrency exchange platforms are cropping up because they want to exploit people's ignorance so knowing a crypto-currency exchange platform that is not genuine and also for the fact that the cryptocurrency industry is not regulated and it being the industry is quite regulated then there will be no incidents or instance of people falling prey to all this fake cryptocurrency exchange platforms and cryptocurrencies staking platform.

This is why it is always a good idea to carry out a proper research before you stake coins. Many of the staking platforms that promise a good return are actually HYIP programs. Unfortunately, it is not that easy to regulate such kind of platforms. In the past, these platforms used to scam people by luring them. They used to claim that they are investing the investor's money in forex. After the inception of crypto, they claim to invest in crypto staking and trading.

 

[Ralphjoe]

This is why it is always a good idea to carry out a proper research before you stake coins. Many of the staking platforms that promise a good return are actually HYIP programs. Unfortunately, it is not that easy to regulate such kind of platforms. In the past, these platforms used to scam people by luring them. They used to claim that they are investing the investor's money in forex. After the inception of crypto, they claim to invest in crypto staking and trading.

I do not agree with you that many of the cryptocurrencies platforms high yielding investment programs because most of the cryptocurrencies taking platforms are cryptocurrency exchange platforms that are very popular and so it is impossible for them to be referred to as and high-yielding investment program or platform.

 

[Zevin]

People who used to scam people through HYIP and Ponzi schemes have returned to the crypto currency world and they are scamming people in the name of mining and staking.

 

[jeff87]

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?

You are right in saying that cryptocurrency has given us money making opportunity and many people were made rich through it. I have been scammed by high yielding investment program before because I don't know yet their real works.

 

[mcjerry]

Hyip websites can never leave the internet. There are many scams out there that are upgrading there format everyday. I never thought that crypto currency can be used to scam people. But now there are many fake token that in any way they are extracting out fund

 

[Kelly5]

So many fake staking platforms and scams are out there today because it is becoming something that is very easy to get unsuspecting investors easily fooled into believing they're into the real thing.

 

[Ralphjoe]

So many fake staking platforms and scams are out there today because it is becoming something that is very easy to get unsuspecting investors easily fooled into believing they're into the real thing.

The truth is that I haven't seen any pics taken cryptocurrency website since I have been patrolling the internet so the only taking website that I know of is the binance cryptocurrency exchange platform and we all know that the finance is A reputable company that is into cryptocurrency.

 

[Good-Person]

Hyip websites can never leave the internet. There are many scams out there that are upgrading there format everyday. I never thought that crypto currency can be used to scam people. But now there are many fake token that in any way they are extracting out fund

The problem is that HYIPs have been on the internet even during the mid 2000s. HYIPs will never actually cease to exist. In fact, in the current era more and more HYIPs are being created and HYIPs are cheating people in the name of crypto trading.

 

[mcjerry]

The problem is that HYIPs have been on the internet even during the mid 2000s. HYIPs will never actually cease to exist. In fact, in the current era more and more HYIPs are being created and HYIPs are cheating people in the name of crypto trading.

You are right as there are more hyip websites that are been created everyday so are many people keep on falling for them. I once fell for one in 2016 when they scammed me of $100. After the scam I was angry so I wanted to have my own hyip websites but I changed my mind

 

[joy101]

That is common these days because many site are scam but one need to be very careful when whenever you are investing you should do research.

 

[Good-Person]

You are right as there are more hyip websites that are been created everyday so are many people keep on falling for them. I once fell for one in 2016 when they scammed me of $100. After the scam I was angry so I wanted to have my own hyip websites but I changed my mind

Woah! Getting scammed and losing $100 is really saddening. $100 is a big amount. I also lost around $28 in the year 2020. I made small investements in mamny HYIPs and despite diversifying my money, I got scammed by all of the HYIPs. I was scammed by four or five HYIPs, I think.