Scam In The Finance Industry - Scam Is Driven By Greed

in Tron Fan Club2 years ago (edited)

I recently logged into my Facebook account and discovered that one of my friends' Facebook accounts had been hacked and was being run by scammers.

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The account's constant discussion about cryptocurrency trading and the ease with which people can amass wealth was the key hook in this case. I observed that scammers are better at creating con pages than they were at understanding crypto, but this might go unnoticed because it was obvious. In essence, they create or hijack other people's Facebook accounts, use the primary account to discuss quick money investments or ROIs that seem too good to be true, and then use the secondary accounts to tag and post on the primary account. When inexperienced investors or new users follow the link, their information may be stolen or they may be prompted to pay a fee that will double their money once a particular amount of time has passed.

IMG_20220829_143150.jpgScreenshot Of How Some Scammer Make Post To Attract Inexperience Investors On Facebook


Scam Is Driven By Greed


It's obvious that greed is the driving force behind scams. More people are interested in improbable ways to get rich, and some others are curious about ridiculous ROIs. The truth is that some people's greed may show up frequently. Others may have it hidden and require the perfect stimulus to bring it to the surface. It's simpler to appeal to people's interest when you match some of their assumptions with irrational things when you consider man's pursuit of money.

Therefore, the scamming sector is a reflection of every legitimate business opportunity available, but with better incentives and a lower requirement for higher input.


Being Real & Legit Takes a Long Time


This might sound weird, but it's absolutely true: the idea of making quick money undermines the need of conducting business legally. No matter what futuristic breakthrough prompts people to embrace the necessity to create riches rather slowly or organically, quick money will never go away, not now and not in the future.

The psychological tendency of people to want easiness, especially in matters of making money, is one explanation for this. There are principles to generating money, but we must acknowledge that not everyone will embrace them; those who won't will instead look for creative ways to achieve it.

Consider the necessity of compound interest, which is a calculation that accumulates with time, particularly when delayed gratification is used. This idea typically inspires thoughts of sacrificing today's enjoyment in order to acquire benefits in the future.


It's Easy To Make Money Faster With Scam Than Going Legit or Real


Going legitimate instead of scamming may sound reasonable on the surface, but this isn't totally accurate. Scamming arguably pays more than going legitimate; also, it's a business that satisfies the appetite for greed.

Not that scamming is easy—I've seen people copy popular Instagram users' identities to defraud others—but it is a lucrative industry driven by greed. It might also be tedious to build slowly.

This uses knowledge in a very different way than scams do. For instance, many individuals don't understand crypto, and this is because their attention is diverted by their greed, which opens up a vulnerability that makes it simpler for scammers to take advantage of them.

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You have written well. Indeed scammers do take advantage of the fact that people tend to be greedy. This explains why they always make mouth watering offers which they know people will fall for.

Another great piece that will definitely benefit everyone

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This is wonderful, thank you for sharing this detailed information with us today Success to us.

This is an interesting topic that you have shared with everyone in this community. Thank you for your effort.

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