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RE: HOW TO SPOT A CRYPTOCURRENCY SCAM

in #bitcoin7 years ago

Very useful article. It's hard to navigate yourself away from scams. Scams have the trait of hooking you in to participate before you can really think about it. Sometimes, when I'm being presented with an 'opportunity', I have the immediate urge to jump straight in- lucky I know myself well enough (not all the time) to wait before making a decision. If you put sufficient time between an incident (being offered an 'opportunity') and acting you may be surprised at conclusion you draw.

The reaction and the analysis areas of the brain are separate. They do inform each other but they operate separately. When something critical happens its important that we can respond to that immediately as a reaction. Our reactionary instincts are very necessary. Scam artists will try to make you feel like you need to make a decision on the spot so that you only use your impulse part of brain before you can engage the rest of your intelligence.

An interesting thing I read recently was that if an online checkout is slow to complete then the business has a high number of people drop out of their sales. This would suggest that if the checkout process is slow then the sensible part of the brain has had the chance to catch up with the impulse part of the brain.

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good talk bro it is high time we investigate before we engage ourselves in any new opportunity. education and experience also matter

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