- Rohan's Newsletter
- Posts
- The Internet Journey Transcripts: Make Money Online, Encounter Your First Scam (S1E1)
The Internet Journey Transcripts: Make Money Online, Encounter Your First Scam (S1E1)
Listen to the podcast:
Of all the things you need to be aware of on the internet, the first and the basic thing, and almost everyone falls for it, is, do not send money on the internet to a party or to an institution who may don’t trust or someone who promises you of something and is asking for a payment before they can start.
For example, one of the most common example of scam on the internet is to give you the lure of making quick money. It is some kind of a myth that on the internet you can make money easily. That is not the case. You need to do the hard work.
You need to put in the work like you do in your real life. But somehow the myth has propagated, and because of the admit, if you happen to go on internet, you will see many, many, many scam websites asking you that they can make you rich in a very smart time job, there is an investment scheme. Just click here and make money, do the survey and make the make money and so many other things.
The thing is, why these scam episodes do get away is because there are legitimate, legitimate websites also which give you money by doing such kind of things, surveys and click things and so on. But they they pay you so much less, so much less that it’s not what the effort. So you will not go into legitimate things.
But instead, when you come across a scam website, like, click this ad 400 times in a day, and you learn, like, $200 that’s a very, very too good to be true offer, and it is often not true, and you’ll fall into that, and you will waste your time doing the click things, and the payout will be like $10,000 so theoretically, you will be earning $200 but to earn $10,000 you had to work for like a month, and after that month, the website will go away, or your login will go away, and you would have done the work for free, and you have been scammed. But this is one of the lower scams.
One of the most scariest scams on the internet is they promise you to make you rich, but before they can give you the Holy Grail, they ask you for an investment, a friend investment, and to lure you into the idea, they’ll first ask you to pay $1 and you will say $1 is a small amount to be invested, right? So let me just do that. And when you invest that $1 they will give you $5 and you’ll be like, Whoa, that’s a nice investment scheme. You invest the $5 they give you $10 and this keeps on happening until you take the plunge and invest all of your life savings into that, and then, boom, they are nowhere to be found.
So on the internet, whatever you do, but be very, very, very cautious before putting in your card or clicking on some links on the internet, you have to be trustful. You have to be aware. And if something sounds too good to be true, chances are it didn’t stay safe.