Guidance not to be a victim of a scammer

[sicattjl 33]

In the crypto world it is very easy to be the victim of a scammer when we are newbie, but all is not lost, since we are people of common sense and even when we are apprentices in this new system, it is always good to apply the basic rules that are described below.

If you comply fully with them, you will be less likely to be scammed when you start in the crypto world

 

Educate yourself
You should always start at the beginning. If you want to enter the world of cryptocurrencies, it is vital to educate yourself first about it: read what a cryptocurrency is, what is bitcoin, how it works. How you can get it, what wallets are available, how you can trade it and spend it.

Also, always do it from pages that do not request any kind of investment: the Internet is free. Your education, beyond the connection costs, should be free, unless you want to access a more specialized course from a university. The more you know, the less they can fool you.

 

Research
It does not matter what the project is: if you are going to invest in it, you must know even the smallest detail, from its operation to its administrators. If you have a White Paper, don't skip reading it. When a White Paper is just a copy of any other, it is most likely that the project is a scam or simply has no future.

Now if it's a service, look into that too. Look for reviews, complaints or recommendations. Also, stay up-to-date with the news on the matter: many exchange houses on the verge of bankruptcy after a massive hack choose to keep their users' funds, for example.

 

Don't believe everything you read
Even if it looks legit, leave room for doubt and pay attention to detail. In the case of phishing, the spelling is often wrong, apart from the URL. If they guarantee you astronomical profits in a very short time, you can be sure that they are lying. The crypto market is volatile and nothing is guaranteed.

If you read very positive news, do not believe it until you find the original source and check if it is reliable or not. Social networks are not usually. Check the official pages of the companies or organizations involved.

 

Keep your private keys out of sight
The private keys of your wallets should not be in digital, and even less should they be shown to anyone who requests to see them for any reason. Legitimate exchange and wallet services will never ask for this information. If you have any problem, the support team will guide you without the need to request any funds and any data beyond the problem you are presenting.

 

Don't leave funds online
At least not for long. If you are going to trade cryptocurrencies in an exchange house or deposit in a market, make sure you do it only when necessary and do not leave any remnants there. These platforms are not wallets: your funds may be at risk there, either from a hack or from an eventual exit scam.

 

Only use trusted people and companies
As we have already mentioned, there are a variety of scammers disguised as exchange houses, wallets, traders or other services. That's why it's important to only go to those who have extensively proven legitimate during their time on the market. In the case of people you do not know, when transferring funds, trust them only if they are backed by a reputation system, such as the one you can find in LocalBitcoins.

 

Use common sense
If something looks too good to be true, it is too good to be true.

 

Key phrases to identify scams

"100% guaranteed", "100% real", "daily earnings", "No scam", "The new Bitcoin", "blockchain will make you a millionaire", "technology that nobody knows", "1000 free coins for joining "," minimum investment "," earn cryptocurrencies easily "," I am giving cryptocurrencies "," multiply your bitcoins "," risk free "or" win without investment ".

[Tamerhassan2040 30]

I thank you very very much for this valuable information, and I add to that collocation in the return is the most important weapon of fraudsters, as they use the weapon of enticement a great deal, and sometimes they sacrifice lucrative returns at the beginning to hunt people after that.
 

[Viscount 1357]

It is always those deals that are too good to be true. Never be lured into their scheming lies and then lose your earnings or information. Never be too greedy as it can ruin you, so please take caution whenever you come across with them.

[aloooosh 220]

A very important topic, but there are those who recommend PDF books to start with education?

[tienda 8776]

Thanks for sharing this guidance @sicattjl to avoid scammers. Yes of course we are on the space full of scammers, if we don't know how to avoid them we will be their easy victim. So topics like yours can help many members here to take some notes about how o avoid mistakes. Is very important to take in consideration the advices and never be ignorant.

[BraveHeart01 1569]

I think the education and the knowledge  or research  both are the best things to take care of your money, you need to know a lot so that you can keep your money safe.

[juliofox1992 108]

Orientation not to be a victim of a scammer. At first we can say that we do not know everything always begin as novices but in one way or another we learn quickly if one proposes and it is very easy to fall into the hands of a scammer because we need to learn but that is only common sense if you know the rules more esecial.

[Yomose 3704]

I see this useful especially for beginners, it makes me to remember when I was a beginner and exposed to new forms of scam, but little knowledge I had at the time helped me not to be a victim, knowledge is just power we need to avoiding scams. 

[Kenciuu 1729]

You are giving informative topic. Not all of us having this even me. I experienced being scammed so I hope those who did not experience it yet. Please do not try to fall their flowery words of giving you large earnings because it is impossible. There is no easy money. Do not fall for it. You might lose your own money