drjohnkagimu

We have been scammed or engaged with strange people we could identify as scam or conmen.What the question after falling into many hands of scammers is, how should I get rid of scammers,how can I indentify legit from scam?In this article I will share with you a familiar experience and how to identify scam, how to avoid scam and how to collect coins without having to ask,invest in scam platforms or fearing to lose our dear hard earned cash.HOW SCAMMERS WORK?Scammers have many ways of manipulating our minds,they go an extra mile in investing in scam,they do what it takes to get the best techniques of seeking attention from you who have it in plenty (attention).Ten ways how professional crypto scammers manipulate people:1. False Promises: They lure people in with promises of high returns and easy money, making it seem like a no-brainer investment.2. Fear of Missing Out (FOMO): They create a sense of urgency and scarcity by claiming that the opportunity is limited and that others are already making huge profits.3. Impersonation: Some scammers may impersonate legitimate companies or individuals to gain trust and credibility.4. Fake Testimonials: They may use fake testimonials or reviews to showcase successful investors and build a false sense of trust.5. Social Media Manipulation: Scammers use social media platforms to target potential victims, often using fake profiles and paid ads to reach a larger audience.6. Phishing Scams: They may send out emails or messages that appear to be from a legitimate company, asking for personal information or login details to steal funds.7. Pump and Dump Schemes: Scammers artificially inflate the price of a cryptocurrency by spreading false information and then sell their holdings at a profit, leaving others with worthless coins.8. Pyramid Schemes: Some scammers use a pyramid scheme structure where early investors are paid with money from new investors, creating a false sense of legitimacy and sustainability.9. Fake Airdrops: They may advertise fake airdrops (free coins or tokens) to attract new users and collect personal information for future scams.10. Manipulating Market Sentiment: Scammers may use fake news or create hype around a particular cryptocurrency to drive up its price, only to sell at a profit and leave others with losses.Five ways how professional crypto scammers operate or work.1. Creating Fake Websites: They create fake websites that mimic legitimate cryptocurrency exchanges or trading platforms to trick users into depositing funds.2. Hacking Accounts: Some scammers may hack into legitimate accounts or exchanges to steal funds or personal information.3. Pump and Dump Groups: Scammers may operate in organized groups, using messaging apps or social media to coordinate pump and dump schemes.4. Using Cryptocurrency Mixers: Scammers may use cryptocurrency mixers to obscure the origin of stolen funds, making it difficult to trace the transactions.5. Exploiting Vulnerabilities: They may exploit vulnerabilities in smart contracts or decentralized applications to steal funds or manipulate the market.As they reach a set target,they disappear unannounced!! Oh that worse experience.But what if we look at how to prevent scam.1. Love your money, idon't just give it away.2. Don't fall any for over hyped profits, you can't get $BTC 34,000 by "investing" $10.3. Stay with your coins while trading that's..trade on binance,if they want to help let them just give insights that you buy and sell your coins while having access to your assets.4. Follow legit verified experienced traders willing to share their trading knowledge with newbies.5 utilize the learn or academy session on binance,if you don't learn, you will always clutch into scammers.I will share the familiar experience in the next article, I will show how you can start off and rehabilitate from scam and start a new trading journey.Follow,we follow each other to get in touch with all updates.Have a wonderful day trading!!