Crypto is an incredible lucrative space right now, but it's brought out some incredibly sophisticated scammers. Here are some of the most common ways that scammers are trying to hack or steal your cryptocurrency and what you can do to protect yourself and your money!
Bottom line: Don’t Get Scammed
USE 2 FACTOR AUTHENTICATION - use it on your email too
Never give away your private keys (or store them online where they’re accessible)
Use a hardware wallet
Don’t keep your money on exchanges long-term
Don’t click on Google Ads
Don’t fall for Slack or Telegram messages and phishing attempts
Don’t listen to “guaranteed” return on investment
Don’t invest in fraudulent ICO’s (See Confido)
Before you send money ANYWHERE, always check it’s legit
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Really useful advice.
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interssting !! Really nice article
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You simply need to run checks multiple times.
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Really nice article. carry on this activity.i know do u hard work for this video good jab.
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The best way to avoid this type of scam is to only click links provided by official social media accounts of the company doing the ICO. Don’t click links from random reddit posts, don’t click links from people in Facebook groups, and definitely don’t click links from people who message you with a link to an ICO.
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How to avoid crypto scams: use your brain
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helpfull thank you.
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always success
@cryptobobby
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Well said and it is also good to just stick to coins that have the biggest market cap like bitcoin/ ether
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scam is big challenge this days spaciously on ICO
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Yeah. Nowadays there are many fake businesses offering lucrative deals. Here are a few steps to avoid them:
Thank you
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I must say your advice is a beautiful one. A lot of sites coming up these days, scamming people. Some people even create steemit accounts that look similar to that of upvote bots and that of whales, waiting for who to make mistake and transfer funds to them in place of sending to original source. We must really be careful, even here on steemit. @greatness96
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Unfortunately scam is inevitable in this digital age but blockchain will bring a lot of transparency in the long term.
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Thanks for share......
always success
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A whole new world of potential scams. As an auditor this will be something I'll investigate to help my clients as we move into direct transactions. Thanks for writing. I'd like to see a follow-on about what some of the things are that you have in your list.
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The advice you shared are very wise and good for individual security.
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Thank you. It is very helpful information. My friend already lost 3 Bitcoin due to hac
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Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @thejohalfiles valued at 87.88 SBD, based on the pending payout at the time the data was extracted.
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Congratulations @cryptobobby, this post is the sixth most rewarded post (based on pending payouts) in the last 12 hours written by a Superuser account holder (accounts that hold between 1 and 10 Mega Vests). The total number of posts by Superuser account holders during this period was 1005 and the total pending payments to posts in this category was $4860.23. To see the full list of highest paid posts across all accounts categories, click here.
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Wait wait hold on minute. So your saying that new lending platform ICO that promises to give me 1000000% a day in interest is a scam??!??!!? Nah your just jealous I'm going to be rich.
https://dogeconnect.co/join/spreadthisponzischeme
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SCAM i guess is everywhere. all individual should play their part, not to reveal private keys and as such. AND of cox there is no 100% guaranteed nor SURE profit in investment. i would say most of the ICOs are high risk. do invest on what you are afford to lose. good luck.
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Great article... one of the clearest and most profitable scam's currently in this space is Bitconnect.
Its a classic ponzi/pyramind scheme and whilst people may be profiting from it in the short-run, the moment the guys running it pull the plug then they will walk away with a lot of Bitcoins and a lot of people will get burned in the process unfortunately =(
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thank you friend for sharing :)
its really helpful for us ....
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No mention of these but I will say it: stay away from cloud mining and Bitconnect
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There are no guarantees in Crypto but only endless opportunities, some guarantee returns are doing well brother, lets stay positive and nice advice!
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