Introduction:
Inflation is projected to be a consequence of the world's preparations for an economic recession, which will be followed by a quick recovery powered by increases in government spending. Because of this demand, firms have been obliged to adapt fast in order to serve it, which has had a ripple impact throughout their supply chain.
Several imported commodities have been in short supply, and as a result, many businesses have been forced to pass on a percentage of their costs to the consumer. This has created a very significant problem since people's savings accounts have begun to lose value. A person's net worth is protected more effectively when assets with a deflationary base or assets whose supply falls over time are held in high regard. This is true because, as supply falls, demand and price rise in proportion to the reduction in supply, as seen in the chart below.
However, as much potential the crypto industry holds, there is also a significant volume of black hat activities in the industry, that targets such platforms like High and their communities, to gain unfair benefits. Such moves are not welcome, regardless of the degree or the extent of those activities and unfairness. Since the mission of High is to help their investor be financially strong, educating them against such mishappenings are a part of this mission. That is why this article will be discussing the steps to be taken before investing in High, or other crypto companies.
Avoid the mirage of Free Giveaways:
Since information travels quickly and easily over the internet, con artists try to take advantage of individuals by advertising free gifts of coins or other digital assets in return for paying a little amount of money to register, or by supplying some personal data. When you come across stuff like this on a website or social media platform, it's advisable to report it as false as soon as possible so that others don't become victims.
Beware of malware attacks:
Hackers have gotten more inventive in their search for new methods to steal from individuals. When sending High, always double- and triple-check the address you're sending it to before sending it out. Some malware applications, once installed, may modify the High address when they're copied and pasted from a user's clipboard, resulting in all of the High being sent unintentionally to the hacker's address rather than the user's address.
Given that there is no prospect of undoing a High transaction after it has been verified by the network, recognizing this after the fact indicates that it is too late and that the transaction is most certainly irreversible. If you have administrator access on your devices, it is a good idea to be very selective about the apps you let run on your devices. A virus scanner that is up to date and from a credible source might also be useful, but it is not failsafe.
Watch out for the phishing technique:
Keep an eye out for emails purporting to be from services you use, asking you to take action, such as changing your password or clicking through to offer some form of interaction with reference to your account, which you should avoid doing. It might be difficult to tell the difference between a phishing email that is attempting to convince you to jeopardize your account and a genuine email issued on behalf of a product or service that you are already familiar with. Whenever in doubt, try confirming the validity of the correspondence by sending it to the business, contacting them through the contact email address on their website, phoning them on the phone, and/or contacting them via their official social media profiles.
Conclusion:
It is very easy to get carried away by the potential of companies like High. But just like honest people, honest companies are also vulnerable to attacks of black hat people on the internet. They cause trouble to investors of a certain cryptocurrency and that causes an image loss for the company, which is not right at all. So, this problem can only be solved collectively by companies and investors together.
More Details:
Site Link: http://highdeflation.com/
Telegram Link: https://t.me/highdeflation
Medium Link: http://highdeflation.medium.com/
FaceBook PageLink: https://www.facebook.com/highdeflation/
Reddit Link: https://www.reddit.com/r/gethigh/
About Author:
BCT User Profile Name: Sionsak
Proof Of Forum Authentication: https://bitcointalk.org/index.php?topic=5382613.msg59343905#msg59343905
BCT User Profile: https://bitcointalk.org/index.php?action=profile;u=2252481;sa=summary
Telegram User Profile Name: @TheBitcoinBadger10
BSC Address: 0xc1B60b1C7127387f775D94C2D7a733C24Bf39917