How to avoid theft, scams, and any other loss of funds. - Page 3 - Crypto World - CryptoTalk.Org Jump to content
Digicoin

How to avoid theft, scams, and any other loss of funds.

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On 12/23/2019 at 5:12 PM, CryptoMaxim said:

First do not download files from unfamiliar and unverified resources watch carefully so as not to get to phishing sites and preferably wallets and paproli do not store on your PC.

This is a good opinion for secure yourself from the scammers. But now a days the hackers hack the exchange. in this case all the assets are vanishes. So, in this case how we secure yourself from the scammers. Binance also hacked from the hackers

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I'm agree to your method. If we all alert and try to use Crypto safely than there are very few chance to get hack or scam. First our responsibility of our money and bitcoin.

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On 12/23/2019 at 5:04 PM, Digicoin said:

Generate your private keys in a secure, offline environment

Except if using little amounts, in which cases keys may be created in a hot wallet but otherwise offline wallet it better and the safest.

 

Create backups of your private keys

This helps to protect against the loss of your bitcoin due to hard drive failure.

 

Encrypt wallets to provide additional security

This helps prevent the physical theft of your funds in the event that your device or hardware wallet is stolen. 

Its not a big deal to protect our accounts from fraud and theft. Everytime when we involve in such activities where some one greed us by giving some huge rewards then we became blind and trust the scammer. All we need to be very careful in clicking emails and discussion with strangers

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Becoming more knowledgeable is what matters most. Yes you have keys, wallets etc. but you do not know how to utilize them efficiently so it is useless. Again, keep on learning for it will save you.

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2 hours ago, wilbertson said:

I guess i should learn from your real example, for me I do not be too smart because it's boring. I mean why should i go through all the trouble just log in to my account.

Somehow it is true what you say, i mean verifying dome link on your eumail every time you log in can be boring, but if you have big money in it, is worthy it.

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1 hour ago, Syed Rehan said:

This is a good opinion for secure yourself from the scammers. But now a days the hackers hack the exchange. in this case all the assets are vanishes. So, in this case how we secure yourself from the scammers. Binance also hacked from the hackers

In this case, if you hacked the exchanger or exchange funds are lost. The refund is possible only if the exchanger or exchange will compensate for the loss.

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4 hours ago, Emran23 said:

You do not invest in a project base based on giving bonuses. Do not invest before you research the project.

Yes, you must know first the background of the investment that you will entering. You must first know if that investment is a legitimate one or a scam. 

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I personally think that being skeptical about things would be a basic thing so that one can prevent from being scammed. It is important that you do not trust in an instant so that you can be saved from that happening.

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To avoid theft you have to away from scammers. Try storing your crypto coins in a safe wallet. Also try storing crypto with good security and protection.

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Before joining any project make sure you check there roadmap, white paper because nearby are hence scores of scammer around us. Their highest vacancy is sneak our money. We receive to believe lots of period before sending our capital to others. We tolerate to check correctly they are geniune or not. as a result we boast to be thorough

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Yes indeed, crypto in nowadays is have a lot of scammers ask for your crypto. My advice to avoid scammers is be wisely and dont trust anyone who want to give you free money in internet

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First of all, you should avoid those projects that offer you to earn good money in a short time. and secondly, this should be taken responsibly with the security of your funds, not shine anywhere your private wallet keys

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thank you so much for these helpful tips. these tips can save lives and again, thank you for sharing these information. 

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On 12/23/2019 at 7:04 PM, Digicoin said:

Generate your private keys in a secure, offline environment

Except if using little amounts, in which cases keys may be created in a hot wallet but otherwise offline wallet it better and the safest.

 

Create backups of your private keys

This helps to protect against the loss of your bitcoin due to hard drive failure.

 

Encrypt wallets to provide additional security

This helps prevent the physical theft of your funds in the event that your device or hardware wallet is stolen. 

What you should avoid is not sharing any sensitive information and do not send any money to any investment site. That will keep you safe. And we should avoid any airdrop from an illegitimate source. In short, stop being an airdrop whore. Lol.

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When we create account on any exchange then enable 2FA .This is the best security.and when we create personal wallet for holding then save private key and recovery phrase and do not share with any person.

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On 12/23/2019 at 6:04 PM, Digicoin said:

Generate your private keys in a secure, offline environment

Except if using little amounts, in which cases keys may be created in a hot wallet but otherwise offline wallet it better and the safest.

 

Create backups of your private keys

This helps to protect against the loss of your bitcoin due to hard drive failure.

 

Encrypt wallets to provide additional security

This helps prevent the physical theft of your funds in the event that your device or hardware wallet is stolen. 

It's a nice and  knowledgeable post I found. I think it will help the begginer level person. Many lose their funds because of ignore this.


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I suggest to protect your account and not to get scammed.always do your research before investing.do not share you username and password.also add some 2fa verification to your account if possible.

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You may not open sites that you do not recognize and links that are scams and do not give your private key to others because the private key is the primary key for you to lose your coins.

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Very good advice dude! Always doing backup for our private key and safe it on safe place on offline storage like flashdisk and also always use antivirus and some scam webste detection like etheraddresslookup to prevent malware that will harm our device.

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We should not click links easily no matter how the offer looks good, we should never ever share our password or any account details in any sites or people. Also stop your self from being greedy because it's one of the reason why people keep on getting scammed or hacked.

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If you protect your wallet and keep your privet key safe then your account isn't hacked. And then you keep your account from hackers. If you don't click any physing link then you are safe from  spamming.

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We must be knowledgeable to judge scams , or see other falling into scams and learn from there experience don't just get greedy and fall for scams first do research and see the actions going on.


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You can easily avoid them. They will tempt you to benefit a lot. Many scammer hackers like Crypto World e are thieves. It is best to stay away from them.

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2 hours ago, Kashifjat said:

To the digital currency because they have a lot of questiions how it works be crefuly to those people pretending they will help you.

You are right their are many scammers who offers you help and then drag your mind in scamming  schemes.They offer you nice earning and make you deposit money.So always invest in legit exchanges.Avoid online friend who ask for money.

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