4 things that are scams!

in crypto •  3 years ago 

There are many scams around Bitcoin and cryptocurrencies!

This is not the fault of cryptocurrencies, rather that people still have very minimal information about these things, and many take advantage on it.

BE CAREFUL, if You encounter with these things:

1,
Never share your private key with anyone! The Bitcoin wallet ID is NOT identical to the Private Key! NEVER share your private key with anyone who tells You that it is required to send money! NO, IT IS NOT! If You provide your private key to someone, then he will take your crypto-wallet.

2,

Never believe anyone telling You that You can X30 your money with crypto-mining within let’s say 7 days. I am not going to go into details, but this is simply impossible. Then they ask You to transfer your personal money to his Bitcoin account, and he will pay You the profit after 7 days.

Do NOT believe such things!

Bitcoin mining is a very good and yielding opportunity, but You can NOT X30 your money within 7 days, and money shall be never transferred to a private person.

3,
Be careful if You are asked for anything in e-mail, which they can gain access to your crypto-money with. For instance they ask You to provide your private key, or your password used on the crypto stock exchange for confirmation purposes, etc.

Service Providers NEVER ask for such things, so never send these data to anyone in e-mail!

4,
Note what kind of website do You use. Scammers often register a domain with one character mixed up, which looks exactly the same as a well-known crypto stock exchange, and they ask You to login to that site. So always check the domain name, whether You login to the right website.

Always install an antivirus software on your computer to secure your data. I use the ESET Smart Security Premium, which has a 30-day-trial version too.

So do not let yourself scammed!

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