Crypto Scams-BE ALERT!

Ok. So you’re new to cryptocurrency trading and it all looks too easy.

Well then, like they say “if its too good to be true!?”

Remember that phrase! For, just as there are so many amazing airdrops, not giveaways, new crypto wallets with sign up rewards there are fake cryptocurrencies. Fake traders - who will offer you the world. Fake cryptocurrency mining sites. Fake crypto gifting via Twitter and of course fake crypto job scams.

Is it easy to be scammed?

Yes and No. Once you’ve been scammed once or twice, you should have learnt enough to not let them get you again. Yet, for some of us, it can take a few more learning steps to curb that curiosity that leads you right to the scammer.

For me, it was Bitland Pro. It started as a free mining site. It had an Ontario address. Even a phone number, which a gruff voice answered one day. I tested the site. I upgraded to a paid account, my desire to create a long term residual income was to be realized. I only put a small amount of money in and it paid out. I tested it! It paid out to my bank account with no problems. So, I invested more. I invested to the highest allowable level.

The returns still looked a bit too good to be true, but I’d been able to withdraw.

Then the site disappeared. It was gone. Not to be seen again. My small investment that was to create a long term income was gone. I was devastated!

I didn’t give up though. One bad apple wasn’t going to stop me making money in this amazing crypto landscape. My imagination was captured. I saw my future being changed forever. Thus, I went to Telegram and found a trader.

I only had a small amount of money left. I asked if he would take $100 usd as a basic investment. He said he could. It was again amazing. Too good to be true. Jimmy Smith Crypto. He told me I had to pay gas fees to withdraw my funds. I asked how much. I think at first it was an extra $25. Then he came back to me and said I had earnt more. He had traded up for me and I had to pay more gas fees. He told me not to worry. Trust him. I ended up paying out another $280 in fake fees.

He sent me an apk downloadable app for a Bitcoin wallet and I downloaded it. Again another red flag. Downloading an apk of a readily available wallet can be a sign that it's a fake, a hack, or part of a scam.

I didn’t know that then. I downloaded the apk app, I had let him set up my account. Another no no. He sent me the passwords and I went to my newly made investment. Too easy!

There it was $11,000 bitcoin in my wallet, in my name. WOW.

I went to transfer the bitcoin to another wallet and I couldn’t get it to leave the account. Why not? It was an overlay. It looked like it was my crypto, but it was a wallet overlay. It was his wallet, overlaying mine. Meaning, it looked like it was in my account, but it was a different Bitcoin account code and that wallet address was placed at the top of what looked like my wallet page. It was fake. Not really there.

I'd been duped again. Jimmy wanted more gas fees. I said no. Tears in my eyes. Not again.

Then I found another trader who said he could help. I had to sign into a platform. It all looked very professional. I could see my investment grow.

Agent Garyson again via Telegram. Again he wanted more gas fees. But how? I thought the platform did all the work. I didn’t understand. That was another $150 gone.

Now I had decided this wasn’t the way to go about learning to trade. Random names via Telegram were not the best way to go about it. Thus, I went back to the safety of twitter or Twitter/x and decided to concentrate on airdrops, free NFTs and prizes.

More to come …. I will show you how they do it over the next 4 articles. If you can learn from my mistakes then at least I’ve helped other newbies to the crypto world survive the game of scam them if you can.

The latest scam I seem to have found is run by someone saying they are Giftlove. On Twitter. They say they will send random people amounts from $50 to thousands of $s. At the moment they have been requesting my banking details, seem to know that I have been on a government website and wanted my tax details. Fortunately, I am not that silly.

Unless Elon secretly sets up all these scammers and funds his extensive use of petroleum in his supposed bid to reach Mars, I do not quite understand why some of these “False Givers” have not been removed from Twitter or X — Twitter. This is where I have met most of these scam artists, or learnt about Telegram and trading and cryptocurrency mining. I cannot believe that these accounts do not get deleted!?

Plus, check out my article on “Shiny Object Syndrome.” I really value this article. I learnt a lot during the process of writing this one.

If you want to ">Buy Me A Coffee for all this hard work, you can! Or if you feel sorry for me because I was scammed out of my Co-vid savings, you can. If you just like buying people coffee, you can!