It sucks to be among the most gullible 1% of buyers or sellers in a marketplace, weighted by sales volume.
In first-world markets, overall fraud is around 1%. But since experienced buyers and sellers learn to avoid it, the least experienced ones absorb most of the losses.
Whether you're in the most gullible 1% depends on who else you're competing with. For example, if you're selling a used car, you have to be fairly dumb to be in the most gullible 1% since lots of regular people do the same.
But the vast majority of iPhones on eBay are sold by sophisticated, professional, full-time merchants. So unless you have inside knowledge, you probably are in the most gullible 1% of iPhone sellers on eBay.
In first-world markets, overall fraud is around 1%. But since experienced buyers and sellers learn to avoid it, the least experienced ones absorb most of the losses.
Whether you're in the most gullible 1% depends on who else you're competing with. For example, if you're selling a used car, you have to be fairly dumb to be in the most gullible 1% since lots of regular people do the same.
But the vast majority of iPhones on eBay are sold by sophisticated, professional, full-time merchants. So unless you have inside knowledge, you probably are in the most gullible 1% of iPhone sellers on eBay.