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Questions and StoriesCategory: StoriesBe Wary of Scams, My Journey
Edward Duffy asked 2 weeks ago

Be Wary of Scams, My Journey

Over the Christmas period last year I got sucked into a scam involving bitcoin which I found on Facebook. I saw this advert on Facebook and contacted the person that uploaded the ad and one thing lead to another and I deposited $A200 into a crypto wallet on an interesting website that I no longer recall the detail. After a couple of days I deposited another $A300 thinking that I was onto a very good thing. After I deposited the last amount I then realised that I had been scammed. After this I decided to find a reputable investment strategy for investing in Bitcoin.

I invested a small amount in January when the price was around $US7k and the price of Bitcoin went to over $US12k in August and now it is sitting at around $US10.5k. I will sit and wait to see what Bitcoin does.

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The moral of this post is to be very aware of scams and investigate completely all the ads on social media that promise a lot but are only there to take your money.

Over the years I have tried to find the one investment that will work for me and I have been ripped off before and at the moment this is the reason why I am in a degree of financial hurt as I invested some money in a couple of ventures and I have lost a considerable amount of money. Had I invested in another opportunity at the time that had presented itself life may have been much better.

This is possibly one of those things about developing a billionaires mind that read about earlier this morning that I have yet to develop. I have had many failures along the way to finding the right opportunity and I am seeing this – LuckScout Club – as an opportunity for me to do something positive and to be able to get back on my feet and go towards achieving my goals in life.

The other things I am involved in at present is covered calls which I can provide some information in the coming weeks for those that do not know what they are about, I am trying to break into property development and I am also trying to get my head around Forex Trading. Forex trading has not evolved at present probably because my mindset is not there. I need to develop a mindset that works and can process the information in a logical manner instead of jumping in and taking the wrong trades.

There are many reputable sources of income out there it is just finding them that is the key.

As mentioned in many articles that are on this site the key I have discovered is the right mindset and hard work plays a large role and this is where I may also be lacking as I have not done the work on some of these opportunities to be able to succeed as my full time job ensures that I am really busy most of the time. I am writing this as I am currently on leave for a few days so I have time to sit down and gather my thoughts and put them into print.

Good luck to everyone and happy investing and striving for your goals.

10 Answers
Best Answer
Vahid Chaychi Staff answered 2 weeks ago

Thank you for sharing this story Edward…

Male answered 2 weeks ago

Failures before success.

Gareth White answered 2 weeks ago

Feel your pain, as I have fallen foul of similar scams – I think sometimes we try too hard to find businesses, ideas, investments that we can get involved with to try and better our life’s. Majority of the time it is just someone out to try and scam us but occasionally we do find the real thing – like Luckscout

Vicaris answered 1 week ago

 Edward are you on Facebook. I would like to be friends with you. My Facebook name is Victor Emeka Nwankwo

Edward Duffy answered 1 week ago

Hi Victor, yes I am. I will have a look for you next time I am on FB,

Vicaris replied 1 week ago


Vicaris replied 1 week ago

Hi Edward, I am yet to see your friend request

fdk191503 answered 1 week ago

Thank you for this story, Edward. It is almost impossible to embark on the journey of online business without encountering the scam business. It is important to take it as a lesson and not as a mistake because that way we can focus on finding the right way and keep going. In this journey to become a successful person, we can only succeed or learn.

Edward Duffy replied 1 week ago

fdk, I agree completely and I am extremely wary so that I do not do the same thing in the future. If it quacks like a duck, waddles like a duck it generally is a duck. Learning experience.

fdk191503 replied 1 week ago

Hehe, i like your duck analogy.

David Matlala answered 1 week ago

I’m sorry to hear about your misfortune Edward. Such things really set you back and makes you skeptical of investment opportunities in general. But I see you have brushed it aside and continuing with what needs to be done. That’s the spirit! Good luck.

jeankomaro answered 1 week ago

I can remember in 2019 I was trying to find a good investment platform or business then I saw an advertisement on facebook. The person contacted me through messenger saying that I could make a lot of money on they plaform with only 300$ .i was scared but he succeeded to convince me to try. Then decided to make a deposit. After the deposit he blocked me on facebook, messenger and WhatsApp. I spent Tree days in the sadness, then I took the positive side of the life and kept trying to find a good place where I can make money online. It’s was a big mistake at the same time an experience for online investment

James0608 replied 1 week ago

Tks Edward for sharing your story . I think all of us at some extent gone through the same pain as him . There will be someone to fool us even we are very careful. They are trained to con people .

jeankomaro answered 18 hours ago

Yes I have been involved in such situation in 2018 on facebook. I lost
400$ in Two days, at the moment I realized that it was a scam I had already made the deposit. I tried to find another one, I made more 120$ deposit in since December 2019 till now they don’t allow me to withdraw even one Penny. All these faillures did not discourage me but they gave me some experiences on online business.

Gareth White answered 17 hours ago

I have to confess I have really been on facebook – its not something that sits well with me in regards to data control and now I can see why

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