The producer of Gluta Raise in their website stated and I quote “ Gluta Raise - a breakthrough weight loss supplement that is helping thousands of people to balance hormones, reduce stress and anxiety, eliminate stress belly, and give them the restorative sleep they deserve, and helping affiliates make an absolute fortune.”unquote
Usually when people talk about weight loss, they will talk about hormone, thyroid function and food intake.
However for Gluta Raise, as you can notice in their website, they take a different approach in their effort to see results in weight loss.
They talk about igniter molecule, a molecule in our fat cells.
Gluta Raise target this molecule which is important for fat burning but this molecule diminishes with age.
New research from Baylor College of Medicine says your body can’t start melting fat off without the help of this molecule called GSH.
As we age, our body’s ability to produce GSH drastically decreases, and we store all the food we eat.
Gluta Raise is supposed to be able to rejuvenate the fat burning cell and get it work as we age.
In other words to give the body a boost it needs to burn fat.
Which group is suitable to use this supplement?
This supplement is for those men and women who want to balance their hormone, reduce stress and anxiety.
It can also eliminates stress belly, and restore the sleep the men and women deserve.
Scientists from Baylor College of Medicine just discovered the “Volcanic Slim Secret” of effortlessly skinny women.
Strangely enough, new studies reveal that as we age, a specific fat burning “igniter” molecule in your body starts to decrease.
We can find this molecule inside every fat cell – which explains why it becomes harder and harder to lose weight the older you get.
In order to find out whether this Gluta Raise is the right supplement for your weight loss, you may want to try out.
If you have any comments and feedback, please leave your input in the comment section below.
Quantum Millionaire is an intriguing program that can revolutionize your financial situation through its unique two-cup manifestation method.
In this review, we delve into the program's claims, techniques, and potential to help you attract wealth.
If you're seeking a solution to your financial worries, you may want to try out Quantum Millionaire , it might turn out to be the program which can help you to achieve financial freedom.
Captivating Narrative:
The video captivates viewers by sharing the personal story of Jason Henry, a regular father who went from financial distress to financial freedom with good wealth using the Quantum Millionaire program.
Henry's relatable journey, including the loss of his mother and the desperation to afford her funeral, establishes a connection with readers facing similar challenges.
This personal touch adds credibility to the program's claims and sets the stage for a life-changing experience.
Scientific Foundations:
Quantum Millionaire is said to be based on the research of renowned physicist Niels Bohr and his observations of electrons shifting orbits.
By tapping into the principles of quantum physics, the program claims to help you raise your vibrational level and attract financial abundance.
While the connection between quantum physics and wealth manifestation may raise some eyebrows, the video assures that Bohr's work provides a solid foundation for the program.
The Two-Cup Method:
At the heart of Quantum Millionaire lies the two-cup method, a simple yet powerful technique that can be easily performed at home.
The video explains that by following the audio guide and using two cups, users can activate their millionaire vibration and manifest money effortlessly.
The inclusion of alpha wave music and a calming voice further enhances the experience, creating an optimal environment for success.
Success Stories and Testimonials:
To reinforce the program's efficacy, the video shares several success stories and testimonials from individuals who have experienced financial transformations using Quantum Millionaire.
These firsthand accounts showcase the program's potential to bring about positive change and instill confidence in prospective users.
Conclusion:
Quantum Millionaire presents an alluring opportunity to transform your financial situation using the two-cup method and the principles of quantum physics.
While some skepticism is warranted when it comes to wealth manifestation programs.
The personal narrative, scientific references, and testimonials in this article work together to create an intriguing and compelling case for giving Quantum Millionaire a try.
If you're ready to take control of your financial future, Quantum Millionaire may be the solution you've been searching.
If you have any comments and feedback, please put it in the comment section below.
In the first part of this, I talked about what are types of Facebook Scams.
Now we want to focus on how to avoid Facebook scams.
This may not be fool proof, but at least we need to develop best practice as much as possible.
Normally we get scammed because of our casual and don't care attitude, which may cause us dearly eventually.
some things we can do while using Facebook
1. Set your privacy setting correctly.
I will not go into details of this, all you have to do is to go to the privacy setting and set the privacy setting which suit you.
2. Enable two steps authentication,
some may find this tedious, well, normally if you do not want to suffer this pain, you may suffer a more serious pain later.
3. Check carefully before accepting friends request.
Sometimes this may be a bit difficult to deal with, especially for those who are using Facebook Page for their businesses.
If that is the case, then you may have to exercise your discretion and intelligent to determine whether to accept the friends' request. you may want to carry out a due diligent online to have some ideas of the so called friends' requests.
4. Do not click on any link you come across in any FaceBook post you are reading.
Normally when we are surfing some Facebook posts, they are some links in the posts.
It is advisable not to click on the link unless you know the pages and posts you are reading are from reliable sources.
Sometimes, we may surf some news posts posted and try to understand and learn more about certain subjects, then you may have to be extra careful about the links in the posts you are reading.
5. Change your passwords every few months.
It is advisable to change the password of your login now and then, preferably after a few months.
This is quite a good practice, as it keeps you on alert and not easy for others to hack into your password.
More so if you have a very strong password involving lower case, upper case, character and number and preferably more than 8 characters long.
6. Check your login history and review any irregular visits.
sometimes if we review the history of our login, if we discover some irregularity, we need to take step to rectify, perhaps report to Facebook immediately.
7. Do not do your online shopping in Facebook if possible.
I normally do not do my shopping online, as I like to support the provision shop near my place.
Shopping on shopping platform may be good but on Facebook? I would not do that.
Why can't you do it on the Merchant's website? why must it be done in Facebook?
these are some steps you may want to consider.
Now we talk about what we can do off Facebook to avoid the scam.
1. Ensure your computer or any device you used to login Facebook is properly protected.
when using your computer or laptop or mobile phone to login to Facebook, ensure you have a good operating system which is updated.
you may also want to ensure you shield your device from public eyes when you are doing the login.
2. Report any irregularity or emails from "Facebook".
Most of the time, we tend to just click on the inbox of our email when we see it is from Facebook, without checking clearly the email domain whether it is from Facebook.
If we do come across this fictitious emails, we need to report to Facebook directly.
3. Have a good anti virus program in your device.
It goes without saying that a good anti virus software help to eliminate the threat and harm.
4. Use your common sense and logic.
Sometimes common sense is still the best control we have to avoid the scam.
If we can apply common sense and come to our senses, we will detect the scam easily.
What happen if you have been scammed, what can you do to minimize the damages?
1. Report to Facebook immediately.
If you think your Facebook account has been compromised, you need to report to Facebook immediately,
Hopefully they will take action and recover your account for you.
To me, Facebook should be doing the due diligence when one wants to open an account with them,
2. Change the login password.
as mentioned earlier, it is good that you have some complex password and change your password now and then.
3. Freeze the credit.
once you know your account has been hacked, you should call the banks and credit cards companies to freeze your account immediately.
4. Inform banks and credit cards companies to stop the credit cards.
the timing of informing the banks and credit cards companies will minimize your losses due to the hacking of your accounts.
prompt reporting may also help you to recover your losses.
5. Check your device and re-set if need be.
checking device if you discover there is some irregularity in the way your device is operating, it is best you can re-set your device, as for mobile phone, go back to factory setting, while for laptop, reinstall the operation system.
These are some ways we can do to detect and avoid Facebook scam.
Conclusion
Hope this can help you to be aware of the scams going on so that you will be more alert.
If you have been scammed before or aware of any scam, do share your experience in the comments section below.
People like to use Facebook to reach out and get in touch with others.
A lot of people are using Facebook to conduct their businesses and trying to gain as much as traction as possible.
Because of the popularity of Facebook, cybercriminals also use this to prey on their victims.
With so many users of this social media, cybercriminals treat this as their gold mine for them to get their victims.
If the cybercriminals can successfully catch a fraction of the users, it is a golden harvest for them.
What are the common scams in Facebook?
1. Phishing scams.
Phishing scams happen all the times, especially in Email, normally when you receive an email with a link, especially from an unknown sender, the best advice is to delete the email straight away.
The worst that can happen is you go and open the email and click on any link in it.
This may also happen in Facebook feed you are browsing, sometimes some fake Facebook account posted a news feed and you click on the link, that is the end.
You have activated the phishing malware embedded in the link.
The purpose of the phishing scam is to extract the information in your laptop or computer.
Now the cybercriminal is more sophisticated, they may engage you to talk in Facebook Messengers.
Once you are in continuous exchange of messages with them on Messenger, they may send you a link, since you have been in messaging with them, you may lower down your guard and decide to click on the link.
End result? whatever important information you have in your laptop/computer, especially your banking details, login details, credit cards details will be accessed by them.
2. Romance Scams
Romance scams are quite rampant in Facebook nowadays.
It becomes worse when Facebook allows user to open fictitious account, sometimes, you may think the profile of an account is a pretty lady.
Do you really think it is a pretty lady?
In fact, it is a man who is out to scam his victim, especially those who are love sick, or have preferences for females.
They think they can prey on the females, without realizing they are actually the target of the cybercriminals.
When the hook up is done, both parties will get into conversation and the "lady" will try to show she has been having a hard time, and need some help to tie over the predicament she is facing.
I have come across the following modus operandi a few times.
you would have some pretty faces who wanted to add you as friends, so you agreed to add them .
next they would message you via messenger and tell you they were seldom on Facebook and asked for your WhatsApp.
so you added them on WhatsApp, and they started chatting with you on that social media.
after chatting for a few days, the game started, during the first few days, the "lady" would tell you how she was dumped by her friend and now she needed to find her own living by working hard.
then telling you what work she was in and having one assignment, needed to get it done the soonest possible.
another day later, telling you that she encountered a problem and needed to purchase something online but not able to do so.
so she needed your help so that she could complete her work.
The moment she mentioned getting her an Apple Gift Card, that was the red flag telling you this was a scam.
another one which I came across was, she was having a meeting about investment.
She already opened an account but due to the work and company policy, she could not manage that account and needed you to help to administer the account.
3. Lottery Winning Scams
If you opened any Facebook page, you could see a lot of Pages about winning on gambling.
there were so many now on Facebook Pages and if you joined, they would send you a link.
The moment you click on the link, that would be the end of your personal data in your laptop.
4. Job Scams
this is a very common scam in Facebook, someone would post a job vacancy and promising so much in such a short time.
Cyber Criminals are cashing in on the current job market.
since there are quite a lot of people who lost their jobs during the height of pandemic, and every one was desperate to try to get a job so that they could put food on the table for the family.
in desperation, people may just respond to the advertisement for the job and provide the personal details to the scammers.
5. Shopping Scams
Facebook has evolved from one simple casual social networking tools into a large e-commerce tools for businesses to tap on the resources to increase their revenue.
Since every one is jumping into this platform to cash in on its popularity.
Cyber criminals also decided to set up bogus accounts representing certain brands, and using that to phish for information of the unsuspecting customers.
The scammers would post some out of this world offer which raised the impulse of people to buy, the too-good-to-be-true offer would blind the conscience of the people, then this would be the end for people.
6. Fake Friends Request Scams
Facebook does not really check on the identity of a person who opened an account with them, to them, the more accounts being opened, the better it would be, especially those business related accounts or PAGES.
They needed accounts holders to open more PAGES and promote the PAGES, the more account holders spend, the better for them.
Even though the accounts may not be a real account.
most of the time, we could detect that a lot of have pretty ladies as the profiles pictures and most of the times, the faces were the same.
When you accepted the friends request, you would want to look at what they posted.
a lot of them in their posts, you would see a lot of links or websites, and if you click on that, and your antivirus is good enough, it would flag the alert of the potential risks involved.
Conclusion
in my next post, I will be talking about the followings:
1. How to avoid Facebook Scam.
2. What you can do to be more alert.
3. What you can do if you are a victim of the scam.
For the time being, do give me your feedback and share your experience in the comments section below.
First, let me say that I do not endorse the use of crash diets. Some can be very dangerous. Nor do I have anything against diet pills. Used appropriately, they are usually safe.
However, I would like to talk about what I believe is the most effective weight loss method I've ever used.
It's called the Paleo Diet.
Basically, it's based around eating what our ancestors ate. Food that was available when man first evolved. So, it's mostly meat, fish, eggs, vegetables, fruit, nuts, and seeds.
Animal protein is considered to be very nutrient dense. It's high in vitamin B12, as well as vitamins E, D, and K2.
Therefore Animal fat is very satisfying. It has nine calories per gram, as compared to only four for carbohydrate and protein.
Animal fat, as well as animal protein, is also very satiating. That means, it's filling. In fact, one study showed that overweight people who ate a high-fat, low-carbohydrate diet lost more body fat than people who ate a low-fat, high-carbohydrate diet.
However, that's not all. The Paleo Diet is also easy on your joints. For example, the Arthritis Foundation has found that people who are overweight (and especially obese), often suffer arthritis.
So, while the Paleo Diet will definitely help you lose weight, it's also a great way to keep arthritis from coming back.
The Paleo Diet is also very economical. After all, meat is cheap. Eggs are cheap. So are vegetables. Fruit is a bit more expensive, but in the Paleo Diet, fruit is eaten as a special treat. And nuts are expensive. So, while nuts are not absolutely necessary, they do make a good snack.
Finally, the Paleo Diet is good for your health. It is low in carbohydrates, and studies have shown that carbs can be bad for your body. In fact, carbs are a major cause of diseases like cancer, stroke, and heart attack.
So, for all of the above reasons, I have switched to the Paleo Diet.
Just to share some extract from Paleo Diet website - quote
What Actually is Paleo Diet?
The Paleo diet is really simple.
‘Paleo’ just means real food. It’s the food from nature that our bodies were designed to eat. This is food we digest and extract nutrients from the most easily.
On the flip side of the coin, Paleo also means cutting out all the unnatural and processed food that gets churned out in factories…
…And, some food that seems healthy, but is actually very poor in nutrients and hard for our body to digest.
Assuming you often feel brain fog, sluggishness, bloating, and low energy, these types of food may be responsible. Our bodies were not evolved to easily digest these foods, because they were refined and created only in recent times.
If you cut all that stuff out of your diet for just one month, you will be amazed at how much better you already feel.
And, when you only eat Paleo-friendly natural food… You will notice- like many have- that your energy goes through the roof, and your body starts to burn off the extra fat. unquote
Again, I do not endorse the use of crash diets. But, if you want to lose weight, the Paleo Diet is definitely a safe way to do it.
That is why I do not endorse the use of crash diets. Some can be very dangerous. Nor do I have anything against diet pills. However, do keep in mind that diet pills can have serious side effects.
Instead, I would recommend regular exercise. The benefits of exercise are many. First of all, exercise can be enjoyable.
For example, I like playing tennis. And, for me, it is a great way to exercise. Of course, tennis is not the only game that is enjoyable. You can also go for a walk. Or, you could run. Or, you could go to the gym. Or, you could ride a bike. Or, you could play basketball. Or, you could go hiking. Or, you could play softball. Or, you could join an aerobics class. Or, you could lift weights. Or, you could swim. Or, you could do Yoga. Or, you could do Pilates.
To learn more about Paleo Diet, you can click HERE.
Metabolism is a term we always associate with our body.
Every thing we do using our body, we will talk about metabolism.
What is metabolism?
Metabolism is the process in your body which takes place in converting the food and drink which you take into energy.
The process will take calorie and oxygen in the food and drink and convert into energy by going through a chemical or metabolic process in your body, and so that your body has the energy to carry out the functions.
Why is metabolism important?
Metabolism is continuously providing energy for our body functions even when we are resting.
The basic functions required for metabolism are:
Breathing.
Circulating blood.
Digesting food.
Growing and repairing cells.
Managing hormone levels.
Regulating body temperature.
BMR or Basal Metabolic Rate, is the term we always come across.
Have we ever wondered what is this BMR, other than the physician and people in health and medical fields care about it, normal people will not bother to find out what BMR is.
In simple term, it is the minimum calories required in our bodies to function when we are resting.
However this varies from person to person.
Our body usually use about one tenth of the energy to process the food into fuel for our use, the rest of the energy is for our bodies movement and so on.
We have to bear in mind that metabolism is not equate to losing weight, a fast metabolism does not mean you will have a slim body and having ideal weight as compared to your height.
Do we know what factors affect metabolism or metabolic rate?
Many factors can affect how your metabolism functions.
People tend to focus on burning calorie, as the more calories they burn, the better it will be.
Therefore for some the factors which affect metabolism functions are such as:
Age: As we get older, our metabolism tends to slow down because we are losing muscle.
Genes: The genes you inherit from your parents play a role in your muscle size and ability to build muscle mass.
Muscle mass: People who have more muscle mass have faster metabolism as they need to burn more calories. It takes more energy (calories) to build and maintain muscle than fat.
Physical activity: We all know more exercise we do, we burn more calories, thus, even Walking, running and chasing after your kids, playing tennis and other forms of exercise cause your body to burn more calories.
Sex: Males tend to have faster metabolisms than females. They have more muscle mass, larger bones and less body fat.
Smoking: Nicotine speeds up your metabolism, so you burn more calories. This is one reason people who quit smoking may put on weight.
So smokers will tell you they rather continue their smoking habits than gaining weight after quitting smoking.
But they seem to have forgotten that the health consequences of smoking.
What are the health consequences of smoking?
— cancer, high blood pressure, coronary artery disease —
All the above seem to far outweigh any benefit you might get from burning a few extra calories.
The next question is how to boost metabolism?
Coffee Ignite seem to be the answer if one is willing to have a go at this, especially in the morning.
As stated in their website, this is The world’s first and only 100% safe and natural proprietary, patent-pending formula, that when combined with coffee, can increase both the speed and efficiency of metabolism...
This product seems to be working very well and have the following “
Electrifying metabolism...
Releasing and burning fat...
Enjoying incredible all-day-energy...
Reducing hunger...
And improving our health...
And to clear people doubt about this Coffee Ignite, I will reproduce the FAQs in the website below:
Coffee Ignite FAQs
How many Coffee Ignite should I order?
Research shows it’s best to take Coffee Ignite consistently for at least 90 - 180 days to experience optimal results. The longer and more consistently you take Coffee Ignite the more you will benefit. Therefore, we strongly recommend you take advantage of our best deal 180 day supply package, or our almost just-as-popular 90 day deep-discount package. We’re only able to guarantee this special pricing for today or until our limited inventory runs out, and we’re selling out of our current stock fast. This is another important reason why picking up at least 90 -180 days worth is definitely a smart option.
Is Coffee Ignite safe?
Coffee Ignite is absolutely 100% natural, safe and effective. Many thousands of women enjoy taking Coffee Ignite every day and there have been absolutely zero side effects reported. Every packet of Coffee Ignite is manufactured here in the USA in our state of the art FDA approved and GMP (good manufacturing practices) certified facility under the most sterile, strict and precise standards. Coffee Ignite is 100% all natural, vegetarian, gluten-free and non-GMO. As always, if you have a medical condition it's recommended to consult with your doctor.
What is the best way to take Coffee Ignite?
For best results, simply mix a single packet of Coffee Ignite into your coffee each morning. Then enjoy your coffee as normal with or without food. Coffee Ignite is tasteless and dissolves instantly into your coffee. Coffee Ignite will not affect the taste or consistency of your coffee, no matter what kind of coffee you drink or what else you put into it.
Do I have to take Coffee Ignite in the morning?
No you do not. You can enjoy and benefit from Coffee Ignite at any time of the day. However, for best results, it is recommended to take 1 packet of Coffee Ignite with your morning coffee to maximize its effectiveness throughout the day.
Does Coffee Ignite work with other beverages?
The individual nutrients in Coffee Ignite may offer health benefits when taken with other beverages. However, Coffee Ignite contains a proprietary formula of 100% natural ingredients that are designed to work synergistically with coffee to ignite metabolism and to create the most ideal environment for fat-burning.
What are the ingredients in Coffee Ignite?
Click here to see the full list of the ingredients in Coffee Ignite.
How will Coffee Ignite be shipped to me and how quickly?
We will ship your order directly to your home or office using a premium carrier such as FedEx or UPS, and if you’re in the US you can expect your order within 5 to 7 business days. International orders typically take 8 – 15 business days (plus customs clearance time).
Will I be billed anything else after I order?
Absolutely not! Rest assured this is a one-time payment only. This is not an auto-ship program of any kind. There are no hidden charges or subscription fees whatsoever. I’ve always hated that stuff as much as you do!
Is Coffee Ignite guaranteed?
Coffee Ignite is backed by a 60 day, no questions asked, 100% money back guarantee to make getting started an absolute no-brainer for you. If Coffee Ignite doesn’t turn out to be the best decision you’ve ever made, or if you change your mind for any reason whatsoever, just email us at support@yoga-burn.net anytime in the next 60 days and we’ll refund you the purchase price right away. My team and I are extremely easy to get a hold of. There’s simply no risk to you. It’s time to get started!
I drink coffee and I can't think of any reason not to use Coffee Ignite. Am I missing something!?
Nope, absolutely not. Allowing Coffee Ignite to enhance your health, energy and metabolism can be a total no-brainer 🙂
So if you want to improve your health and reduce weight, have a try of Coffee Ignite.
Nowadays people like to use platform to do their trading or investment.
do we do investment or trading?
for some, there are not able to differentiate the different between the two.
What is investment?
What is trading?
For those who like to be involved and watch the market such as NYSE, SI, Hang Seng, and so on, some will like to their hand in it, be it investment or trading.
normally people tend to use the two terms interchangeably , however there is a distinct different between the two terms
When one is in stock market and do Day Trading, as it is the easiest and fastest way to make money, this is TRADING.
if playing stock market with a long term view, then it is knowns as investment.
Normally investment is to take a position in a certain stock with the view of holding that stock for long term, and most of the time is for the high dividend yield of the stock which attract investors to hold long term for the stock.
There is a software which can assist investor in determine which counter to enter for - be it for day trading or long term investment, the software is known as Homily Chart.
This software or app is very useful and informative and can assist investors in making a calculated decision on which counter to buy and when to exit .
What are the main salient points of this app.
As stated in their own website, and I quote”
“Homily software has the function of stock selection, buying point analysis decision, stock holding analysis decision, and currency holding analysis decision.”
To find out more about this software, you can go to their website at
What I like most about this is their online Homily Chart Class which they organize almost every day, in English and Mandarin.
Some of the sample charts are as follows:
(as extracted from their website)
They have the software which you can either use it on your laptop or using your mobile.
Homily encouraged people to use their mobile app version as you can use it on the go and check your portfolio as you go.
I will not go in details on the software, you can do so by going to their website to learn about it.
Conclusion
However, if you really feel a need to get in contact and find out more, you can contact me , I can help you to link up with one of their staffs who are more than willing to help.
You only live once but if you do it right once enough
This is the quote we always hear now and then, especially when we were young and the elders lectured us.
Life is very challenging at times, and we can not expect to have an easy life.
It sometimes throws some curve balls and hit us without us knowing it.
The only definite thing is we only live this life once, and we have to make full of it.
In order not to regret later, we need to live our life the way we want to, and accept whatever challenges life throw at us.
The most important thing is to enjoy our life while we can, after all we only live once.
What are the challenges in life?
1. With all this uncertainty going on in life, we have to be sure of one thing, that is to enjoy life.
2. to avoid being disappointed in life.
3. Do not fall into scam in our life if we can.
1. To enjoy life
A lot of people have miserable life, they think too much and fall into the myth of over analysis become paralysis.
If we worry too much about our life, it will manifest into the negative things we are most worried about.
People always come across the warning - be careful of what you wish for, it may just become reality.
So we need to go out and enjoy our life, not to partying away but to do something valuable and useful, so that at the later years, we can tell ourselves, we have a very successful life.
2. To avoid being disappointed in life.
When we reach the silver lining age, we may reflect on our life, and what could have we done better and so on.
Well, there is no point in doing so if we have enjoyed our life to the maximum.
The what Ifs are not just the cup of tea we are having.
However, if we are to avoid being disappointed in life, we need to set out and do ourselves a big favor, plan our life and live the life the way we want to live,
After all, You Know You Only Live Once.
3. Do not fall into scams in our life
Scams are very rampant nowadays.
There are so many types of scams going on in this high technology era.
Some scams are:
Job scams
crypto scams
email scams
love scams
short messaging scams
So since we only live once, we have to make sure we do not fall into the scams, and ruin our life, worse, lost all our savings to all these scams.
It already happened quite often since towards the end of 2021 and things do not seem to improve at all. Even in this 2022, almost one third of the year has passed, however every now and then, we still read some people have fallen victims to scams and lost their life savings.
ScamAlert - Bringing you the latest scam info
to learn more about the scam going on instead of going to watch some videos which do not seem to add any value.
With the pandemic since two years ago, a lot of people have been affected one way or the other, some having their savings draining, some lost their job and created some financial problem.
Definitely people will be desperate, this is the time the scammers will take advantage and strike, so do be careful and be more alert.
Cryptocurrency is very common nowadays and everyone especially the young one is very keen to invest this instrument.
What Is Cryptocurrency?
Cryptocurrency is a virtual digital currency, no physical mean is transacted, it only works in virtual world.
If you send cryptocurrency to someone else, it is done through online transactions and it is not reversible.
Why do people nowadays like to use cryptocurrency?
Cryptocurrency transaction is online and fast. It does not work like banking transaction whereby the bank charge a transaction fee and need to verify your authenticity of the fund and purpose of the transactions.
Crypto transaction offers anonymity and the value of cryptocurrency varies and moves very fast, hence it is a very attractive item for investment.
A lot of people like to enter cryptocurrency as investment as they think it is another get rich fast investment with lucrative return within a short time.
As more and more people are jumping into the bandwagon of cryptocurrency, without really understand how it works, they are only after the high return cryptocurrency can give to them, and thinking this is the investment to go to.
What does this tell us with this hot potato?
Every time when there is some lucrative instrument which can help people to make money fast, the vulture will sure lurk around to prey on its victim.
The vulture is the scammers here, they will find ways and means to lure unsuspecting victims to invest in the scheme they design.
photo from 4vultures.org
Then the main question is – how do you know it is a cryptocurrency scam?
Scammers always look for new ways go for investors’ money, they can come up with so many methods and tricks to draw the investors to give up their money.
What are the signals you can detect in spotting the scams?
If someone offer you some good investment opportunities and business deals.
They even offer you to double your investment return and
Achieving financial freedom you are looking for.
That you can get you investment in double quick time.
Telling you that you can pay in cryptocurrency if you can recruit others into their scheme.
Offering you help that they can help you to grow your money.
Asking you to login into certain trading platform.
Once you have done that, you realize you are not able to withdraw your money without paying a fee.
There are scammers who will post some scam jobs on job websites and they promise you a job if you pay a fee.
Some scammers even have videos made saying how lucrative is the scheme they have.
They even have celebrity to endorse their success and testimonials to show the track records.
A lot of people do not realize all the videos and testimonials are fake.
Stay vigilant whenever you want to deal with cryptocurrency.
Some pointers for you to avoid falling into the scams
Always check the addresses and domains of the site you are surfing.
Never share your private information with any one else.
Be wary of easy money and fast returns on investment.
High risk high return, so do you believe it is good?
If you are in cryptocurrency, use a cold wallet.
Always use a new account to test out something new.
Leave as little in the wallets.
Use a 2FA verification method to login to your account.
Always check the rating of a platform.
Carry out due diligence before you embark on your cryptocurrency trading.
Conclusion
Do you still want to invest in cryptocurrency?
Despite all these reports about scams involving cryptocurrency, still we have a lot of people diving into this, this is typical human greed.
A greed to have more money in the shortest time possible and at all cost.
Some people have the mindset that this will not happen to them, and maybe they need to pay some school fees to learn a hard lesson.
At the end of the day, unless and until the government start regulating the cryptocurrency transactions, and unless you have done enough researches and learn more about the mechanism of cryptocurrency transaction.
With the recent rampant scam in the banking industries, especially towards the end of last year 2021, more people are alert to the scamming going on.
However, despite all this news about the scams in the banking industries, there are still a lot of bank customers fell into the trap of the scammers.
News report stated among those who fell victims to the scammers are professional and females.
One would have thought only elderly who are less savvy with information technology will fall prey to the scams.
the number showed otherwise, even as reported, IT engineer also one of the many victims.
The other group is the females, be it the professional, housewife or some who are emotionally disturbed. Scammers will look for those vulnerable.
What can we do to safeguard ourselves ?
to safeguard ourselves from falling victims to the scammers, and lose our lifelong savings, it is about time more people are to aware of this and take necessary steps to keep ourselves happy.
the age-old saying - do not talk to strangers, still hold true in this virtual world of advance technology.
most people seem to have forgotten this adage when come to online world, especially the young ones who like to communicate through virtual world.
We can at least do the following to safeguard ourselves.
1. Carry out due diligence on the other parties.
how many people online check on the background of the other parties they are dealing with?
when a person comes across some offers online, tendency is for the person to click on it and see the offer and like it, will purchase, without checking whether it is real or not.
Before you come to conclusion whether to deal with the person, do the following:
a. we should at least check the legitimacy of the website.
b. Read comments and review about the company,
c. Search online to see whether there is any about the person or company.
d. check whether the person whom you are supposed to deal with have any other social media accounts.
e. If the does, what did the posts and share in his account,
f. Carry out a check on anti scam website and see whether the name is listed in it or not.
2. Insist on a physical meeting.
One of the best way is to have a physical meeting, if the person on the other side refused to do so, then we can more or less about dealing with him.
well, the may say under the current circumstance, it is quite difficult to travel and meet up, then we can suggest a video call since the technology enable this virtual meeting a possibility.
3. Do not commit any decision instantly.
people tend to make instant decision nowadays, and scammers are taking full advantage of this.
nowadays people are impatient, especially when dealing with transactions online, they want it fast, so fast that until they do not bother to check clearly and carefully what they are clicking on.
4. Check for telltale sign that it is a fake website.
a lot of people when they receive a message, email or notices, they do not bother to check carefully to look for telltale sign of fake messages.
most people will just look at the headline and the sender name, and believe it is from the legitimate sender.
In Singapore, there are a lot of senders who like to use the following corporation or website names to send malware and phishing link.
1. DBS.
2. DHL.
3. LinkedIn.
5. Microsoft.com
6. MOH
7. POSB
these are just some example, if you check the domain names of the websites, it is not the original organization domain name, the email domain also look very different.
Are the measures announced by Monetary Authority of Singapore (MAS) effective?
MAS has since the phishing SMSes scam in December 2021, announced a few measures to further improve and strengthen the internet banking industry security.
1. Removing of clickable links in SMSes sent to customers.
last time banks used to send SMSes to customers with clickable links, this as explained by banks, it is to enable the customers to click on the link and get access to the website faster.
Scammers took advantage of this, especially when the banks used the shorten form of domain link, so it is quite difficult to check on the real domain name of the banks.
2. Delay the changes and updating of information of customers.
to make life easy for customers, banks used to say customers could now update their information online without making a trip to the branch.
with this scammer, after phishing the login particulars of the customers, happily do the changes and take control of the operation of the accounts of the customers.
now MAS want any changes and updating of personal particular such as phone number, login password and so on, be processed and be effective only after 12 hours.
you can read more about that in the following two links:
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