On 13 March 2021, a Saturday evening as I was having my dinner and scrolling through twitter, I saw Elon Musk's tweet and below that was a thread with his account and a message that there was a cryptocurrency giveaway that Elon Musk was doing. The tweet seemed real as it was tweeted by an account that looked like Elon Musk and even had the blue tick. I clicked in and was directed into below page.
I was sceptical at first but seeing that Elon Musk was bullish on Bitcoin and also since he does funny things some times, I thought this was real and I almost really did a transfer. What saved me from it was really hilarious, I DIDN'T HAVE 0.1 BTC HAHAHAHAH. If you saw my previous article, I only have 0.03 BTC.
Read more: Market Crash or Correction? | What I have bought
Yea, I didn't have sufficient amount and so I didn't transfer it. I didn't think that it was a scam and thought that I missed out on it until I saw this article on Wednesday, 17 March 2021
What I learned about this incident and reading the article
I always thought scams would only happen if you are not savvy with your technology devices. I have never thought I would fall prey to a scam, cryptocurrency scams are on the rise as more people start getting into it, if I had did the transfer, no one will be able to reverse it. As a blockchain transfer, you will be able to know the bitcoin went into which wallet but since there is no governing authority, you are not able to get assistance.
In the article, the person transferred 10 bitcoins and most likely, he will never get it back, losing such a huge amount where he bought them in 2017, cashed out his capital and held on. They were able to track the wallet but not much can be done.
Huge learning point for me as now I am really more cautious and to be honest, if something really sounds too good, then I think it isn't true. Greed is also a factor for why I was almost scammed. I thought I would be able to receive free bitcoins. Hope this sharing has been informative for you as it was a huge lesson for me.
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Reference article:
https://www.bbc.com/news/technology-56402378
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