Bitcoin Forum

As interest in digital currencies increases such as Bitcoin, more and more Bitcoin scams promise high returns. Unrealistic lure is clearly a mere cover, and usually ends with the loss of clients' funds. Fraud often spreads in social circles based on trusted relationships. Therefore, we must be aware that there are cunning fraudsters who can actively seek ways to deceive with absurd tricks and offers.

How to avoid bitcoin scams :

1. Know What You Are Facing

You don't need to rush to decide whether an investment product is a scam or not. All you need to do is, take a moment to find complete information about the project. The easiest way to do this is to find information in the form of company details or Whitepaper (if ICO), and other things related to the investment product. Learn all the details carefully and do some research on testimonials, comments, and so on. Another way is to join a Bitcoin forum like Bitcointalk, and immediately ask for credibility of an investment product or company to other members.

2. Avoid Unrealistic Offerings

Usually, crypto currency fraud can disguise its identity by using a social media account or advertising banner that looks professional. Mark Steward, director of FCA law enforcement, explained that when people become more skeptical of the real world regarding investment and consumer habits have changed, investment fraud has moved into the realm of Online and social media.

How to avoid this Bitcoin Scam is, you are better selective about all investment offerings from the Online platform that you did not ask for, whether through social media, email, or even by telephone. Even if it looks official, pay attention to how it is offered. Con artists usually dare to promise high profits to lure victims. So if you feel the promise of profits is unrealistic, immediately ignore the proposed offer.

3. Beware of Phising Web Pages

Increased interest in crypto currencies makes many new investors enter the market. Lots of land in a fake landing page that claims to be a popular digital currency exchange platform. One example is the one that uses the Punycode technique. Through this method, the fake domain 'xn - inance-hrb [dot] com' can be displayed as 'ƅinance [dot] com'. This technique is usually able to deceive consumers, because web pages can look really like the original. You can overcome this by being aware of vulnerabilities that exist in internet browsers, such as Chrome, Firefox, and Opera,

4. Beware of Fake Digital Wallets

Fake virtual wallets often appear online or at the mobile app store. In the example of a fake Wallet fraud that happened, more than $ 3.3 million was stolen from users who want to claim their Bitcoin Gold. To anticipate similar events, many Bitcoin Wallet providers caution clients to be aware of the cloning of scammers who want to steal victim funds by imitating their appearance.

MyEtherWallet for example, warns customers about fake MyEtherWallet in December. In addition, before choosing a digital wallet provider, do research first. Please share opinions on leading crypto forums, both local and foreign. In essence, only use the Wallet provider with a good track record.

5. Beware of Bitcoin Thief Malware

Malware is something that concerns computer owners. But now, a new category of malware capable of stealing Bitcoin-related data has appeared. Malware authorized by the computer owner is able to record typing or search for a file with the keyword "Account", "Password", "Bitcoin", "Wallet", or other keywords specified by the author, then upload the file to an anonymous server automatically.

In addition, there is also a malware that seeks to absorb the computing power of computer users to mine crypto. Anticipating this, YouTube is trying to deactivate ads that take computing power to mine crypto currencies. It is believed, after users see the related ad videos, the computer becomes slow and there will be warnings from anti-virus programs. Malware like this can steal up to 100% of computing power to mine crypto currencies (generally Monero). The solution that can be applied here is to install strong anti-virus protection and active Firewall to protect the computer.

Well, the things you post almost everyone involved and learn about bitcoin for a long time has been known. It is just reasonable and suitable for newbies. New people should read to understand more.

Yeah, this topic was tackled already many times. And there are way more ways on avoiding getting scammed.

These things seem too obvious, but I'm sure they must be pinposted for everyone to read or refresh every now and again because every day some people get scammed, anyway.

Number 2 "Unrealistic offerings" is really trending right now with these hackers. I receive so many mails introducing various ICOs and Airdrop with multiple links to rejister or join them; I even wonder where they got my email address from. I disregard them as spam immediately, and i know greed for airdrop has robbed many of their coins too, so this should really be checked.

And i recommended to use operation systems, like mac os or ubuntu, because windows subject to virus attacks much more than the above. I use mac os more then 2 years and didn't get any attack.

Yes, many posts like this have already been made, but posts like this also need to be updated so that beginners can continue to see.

Those tips are very helpful and knowledgeable especially to those who are new and has yrust issues on how to use bitcoin.  I hope many would learn and apply those steps in bitcoin transactions.

I think hackings are more dangerous than phishing etc. because most people can avoid phishing but some new method of hackings could be very scary.

I agree with you. Preventing to hack the system of our accounts is one of the obstacle that cryptocurrency is facing right now. With digital transaction happening everyday we are always vulnerable to experience hackers. That is why we must always do our research to protect our asset since we are only responsible for doing that.

Yes man. I do agree whatever you said above. I really appreciate your work and valuable time for this post. Experienced people know about this but this may help to newbies like you. Good luck keep your good work

Thank you or this wonderful content. I believe this is not new and many people have known of this but still many on our community still been decieved by this kind of scheme. We must always know what we know to help out dear friends to gron in cryptocurrency industry.

To me this is key, trying to secure your coins in a Windows machine is a lost battle, you only need to make one mistake once and you will lose everything you worked so hard for the last years, it is OK if you want to have a Windows machine for the software you cannot replace like video games and things like that, but make sure that you use Linux or other safe environment to accesa your coins, if you do that then the risk of losing your coins drops considerably.

there are so many who make similar posts, and this is very helpful for beginners to avoid fraud. where they have to learn more and read some tips and tricks like this from people who have experience in the world of cryptocrrency.

These notice is useful for newbie join to this market, scammer everywhere and be careful before do anything.

check team and their partner . if they have something we can trust let join . dont lose our money too easily

Very informative for newbies, I really appreciate it. Such small but good reads will help crypto newbies to step in the crypto world safely.

We must always be careful so that we will not get scammed. One thing is that we must not easily trust anyone else especially if you do not know who that person is. Do not just give your personal information to anyone.

How to avoid scam?
Think if its realistic and think earning btc,litecoin etc. are difficult.I also being scam and now I learned.This topic is for newbie and must focus and pay attention

I also have some ideas to help you avoid cheating in bitcoin trading:
Have a strong password
Always check before a transaction
Verifying true - false
Use cold wallet
Do not trust, always verify

Yes, phishing everywhere so I have tips for people should set a strong password, always check back before making transactions, Carefully review the site you visit, should Use cold wallet, Do not trust completely into the market. Everyone should be careful when dealing.

If you are to be scammed in your fate, you'll be scammed no matter how many articles you put in your head!

This kind of topic will helps you, because of very informative post that will helps to a lot of newbies here in crypto world. You should not just put it on your head,  just live with in the useful information like this. Scam is everywhere and phishing site, email or links in crypto you need to be careful and be knowledgeable person.

This is well said, it will really help both the newbies and the old. Especially the third point, i would have be a victim of circumstances by dropping my pass key to a site if not that my mind that really convince me.

I think hackings are more dangerous than phishing. because most people can avoid phishing but they can hardly avoid hackers.

there is also scammers in telegram they talk to you about an ico or even something else and they ask you about money

thank you. Information is very useful. You just helped me protect my bitcoin number more securely.

Beware of Phising Web Pages

Increased interest in crypto currencies makes many new investors enter the market. Lots of land in a fake landing page that claims to be a popular digital currency exchange platform. One example is the one that uses the Punycode technique. Through this method, the fake domain 'xn - inance-hrb [dot] com' can be displayed as 'ƅinance [dot] com'. This technique is usually able to deceive consumers, because web pages can look really like the original. You can overcome this by being aware of vulnerabilities that exist in internet browsers, such as Chrome, Firefox, and Opera,
That is the reason many people lose money most

Moreover, a lot of that applies for financial pyramid scams, not btc. And yet sometimes very obvious truths are not getting the attention they should. To the advice listed in the op, I would add taking the responsibility for investments and paying attention to whether the accounts are real. The first tip is actually very important, because people don't like risking and yet are lead by the wish to win. This makes them easily give their capital to someone or even something (like a trading bot) else, so that they don't have this feeling that they made a mistake. If they lose, they can always blame the program or a person they trusted. One has to be mature enough to start investing money and managing one's own funds is crucial. The second tip is a small one and it's just due to the fact that when there are famous successful investors, there are usually fake accounts with the same names, trying to scam people. You shouldn't trust anyone much in this business, but if you do have some people who inspire you, make sure you're following only their verified accounts.

Very good and informative article and i want to add one thing that if any one share any link and if you don't trust him them avoid it because it can also be a trap.

Yes, posts like this should be made every week even every 2 days, because every day many new people join the bitcointalk forum.

Offline wallet.
Always have an offline wallet if you think you're a whale.
Because hackers target is not the one who has only less than 1 bitcoin, their target is the whale that has more than 10 bitcoins

Like a year ago it happen to me that I was scammed with unrealistic offer. I saw a suggestion on the forum to buy iPhone with bitcoin, which in turning to dollar was pretty cheap. So I sent coins and got nothing. I think this point should be placed on the first position in the list.

Its nice to see some useful advice like this in this forum. I was scammed before and that was the bad situation I have ever experienced. Thats why this information is such a great help especially for newbies.

Thanks, very valuable topic, I've encountered 2 scams already.

No. 2 is hard to quantify but still we can base on other users review with that entity.

This post is good and we should be aware of this type of scams specially that the scammers are sending a phising sites, be carefull to log in your wallet and accounts in this fraud sites. And also scammers are sending you private message through your email address and the website they send seems like a real site, but it is a phising site, a scam. So, beware guys.

Yes I agree with you , it will help the people in this community especially the newbie and the people who are new into crypto, There are so many people outside the forum who are using bitcoin as a source of income without fully understanding its purpose, they become scams and many people are looking down to bitcoin because of those people.

This thread is a good and important thing that you should know for you to have safety and be aware on everything that might happen. So I think there's a lot of opinions and facts that really helps your life, bitcoin life rather more easier.

This post is really good for newbie who are planing to enter in crypto world also some security necessary for our crypto funds we need to use two factor authentication for login and withdrawals also we can use OTP based transactions,never share Ur primary email with everyone, if we are investing big amount then use hardware wallet for secure our cryptocurrencies,always do deal with trustworthy person because crypto transaction is not reversible.

The truth will reveal. It is better to be ready than lazy.
Prevention is better than cure. Online is vulnerable. So not safe.
However, it is also about the os use and the management of the owner.

Im glad to see post like this from a newbie, but I think all of us here already know's these things and topic's like these are already posted in this forum many time's. Try to be more unique and search a similar topic before posting to lessen a redundant topics in this forum.

Good topic, we also have to be careful of Google publicity, usually fraudsters buy publicity through Google AdWords, with references leading to popular services such as blockchain or BTC-e.

If you find Google publicity, then you must use Google Technical Support.

The point about not being greedy is really important because this is nature for humanity to be easy deceived by desirable offerings like deposits with 20% annually, live bitcoin pyramids when you will be rich tomorrow, etc.

Bitcoin scams are mostly occured due to our own personal mistake either we have not research properly about the third party services and investment services or else we have shared our private keys , User id's to someone who is a cheat or fraudster. Keep in mind that treat your Bitcoin wallet address and other important details in the same way as you treat with your bank details and try not to enclose with anyone else.

These are real ways in which one can avoid been scammed off your bitcoins in your wallet. These are good safety measures to make hackers not to steal your bitcoins. However, its best to store your bitcoins in a hardware wallet to protect yourself from all these issues

A good article for newcomers, Bitcoin's value is higher, the more scammers appear. Most importantly, do not look at information and operate websites with strange signs .

Number 2 is very important among them. Frauds sometimes offer some unrealistic offers that are very attractive but in reality, fake. They offer very high outcome, but by investing on them, you will face a huge loss. So, it's always better to stay away from the unrealistic offers from the frauds.

Oh you forgot to include some very interesting things.

be careful when you hear "Hi Sir"

be careful when they hear: "Any negative comments about our company will trigger our lawyers"

be careful when they hear: "our team will contact you soon to answer these questions"

check more than 3 times the team members of each ICO before investing

Rule of thumb, don't trust anyone who you don't know. I hate to say it but this world is full of people with bad intentions. They don't care how much you have, all they do is scam scam scam until they squeeze every dollar out of you.

Thanks for creating this, to aware us and the important is the newbie here, the information is enough to know what you need to avoid to scam, because we know they have a lot of scammers now are here in crypto world we need to be always careful.

Thanks for sharing this. I hope lots of people will be benefited from this points. I am strongly agree with avoid those offerings which looks unrealistic. Many people can not resist and they got trapped.

For digital wallet malware for sure it's common people trying to create scam projects and their coin for free offerings. when they use their wallet it's totally virus with hacking tools. but it can be avoided by using a total virus checker like virus and another AV. even when we really want to try their wallet. Use the devices that we never use online for it.

Yeah there is nothing safe in online let alone investment, everything is vulnrable to hack and lots of fraud, all security will depend on manage from the owner itself, how do you manage your money for investment, this thread will be very helpful, like don't join an unrealistic project , be careful of phishing (fake web), etc

i appreciate your opinion. I think another important thing you may be missed. You can use mac to avoid the scam. the people who involved in crypto market we should aware about this scam.

That is very important to everyone that we should be careful in what things we are doing. Phishing site could only victimized to those who is not taking extra careful in opening the website. I would rather be delay in my transaction rather than be a victim of hackers.

This is not really only about bitcoin because these are the ways of deceiving people for scams. These are multiple ways which can be used for scamming anything from altcoins to bitcoin and even fiat purchases made.

This can be titled as ways to get scammed in crypto currencies.  :D

Its good tutorial anyway, and in all of them phishing has gotten a lot of roots in the deep crypto. They are everywhere via different sites, offerings, email links and basically every stuff that we click on!

maybe how to avoid it we need to see how many people follow the signature but if it's a little i never follow it and but if people follow it to the hundreds surely the project will succeed and be dependent on ourselves .

Thank you for sharing this information with us. It was very important for me, because now there are a lot of scammers and I worry about my savings

I'll do really agree with this. And also be knowledgeable about bitcoin if you really don't want be scam. Like benjamin said "An investment in Knowledge always pays the best interest''.

One of the type of scam :
Romance scam: This one is pretty difficult, as it plays on significant emotional attachment. However, try to keep in mind that if your hopeful romantic partner whom you've rarely met or never met asks you for large sums of money, it is at high risk of being a scam. Common excuses are funds to help pay for travel costs to see the victim, help to get property held by customs in a foreign country, and help for medical expenses. The supposed love interest is often in a different country entirely, making many of these setups possible.

Great to learn about this. It’ll help most of us. I think beside these 5, there are also more ways by which we can avoid bitcoin scams. The most important thing is that we all have to aware about this.

You really did a great job because now a day scammers of bitcoin has become very active and many users of bitcoin just afraid to invest only because they are afraid to this scammers or already being scammed.

Yeah, these are the best ways to avoid scams. But I think many people invest to buy scammy cryptocurrencies. Because most of the time they can’t understand which are fake or original. So, they got trapped.

That is not a valid excuse. No people will get trapped if all have due diligence in doing research.

I agree with your points that you described to avoid scams. These are the only way to avoid scams. Moreover, you people may attack by phishing. So, to avoid phishing, people should use linux or mac operating systems.

The way that are described are best way to avoid scam. Moreover, there are a lot of fake ICO projects that are available in the crypto market. People those who are working in those projects, invest a lot of money. But at last they lost all of them. So, the investors should be careful about that.

bitcoin is great for those who are scrupulous about studying and storing information, and is bad for those who do not feel responsible for their money

Scammers easily fooled new people. It’s a mandatory to follow all the major points to stay away from scams. If we skip this important thing there is a high possibility to fall in the trap of scammers.

First of all you need to know something about blockchain system and you need to understand there are many scammers with many problems. A new joined person should learn about transactions and need to know there are no returning back in wrong transactions. Many people thinks that the system like banks have but unfortunately not..

You have given some really good tips to avoid scams and what i would like to add here is go through the white paper thoroughly before choosing an ICO. I expect more such post on how to avoid hackings too.

To avoid bitcoin scams,beware of tricked by easy pickings,don’t open any unknown links.You should also avoid malware downloads & don’t trust fake digital wallets. & use verified websites for protection.

Agree with you Mac and ubuntu quit secure rather then Microsoft Windows and hackers also not active on linux

 I really agree with you and appreciate your work and valuable time for this post. and I want to say one think Do not shares your personal information to anyone.like(password, privet key)

First of all you need a safe operation system and you can use mac os or ubuntu. Because sometimes windows can attack by virus. Peoples are using these two and they don't face attack.

If you've the correct knowledge about crypto currency, cryptomarket and bitcoin,you can avoid the scam by your own judgement. You just have to beware of some unrealistic offers and some unknown links,which can steal your all data.

As the users of bitcoin increasing the scammers of bitcoin is also increasing with a great speed and it is a big threat for the bitcoin user and their coins.

those who have long joined here must know this surely, but for new people who start recently using bitcoin surely should know about this to prevent bad things happen to them.

Unrealistic offers or offers that looks beyond lucrative comparing the market should be avoided. Phishing web pages and fake digital wallets must be avoided. And one must be concern about the security of browser or computer

Thanks fo mentioning. Very useful for those who is new in the crypto sector and planning to invest or work with the cryptos. Scamming is indeed a very big issue now a days.

Actually this is really helpful for us based on this five step will helpful for us also for newbie’s it will be great lesson for them. I think it will be helpful for everyone.

Actually These five lesson is really helpful for us based on this people who are actually new in market they will get more benefits from here based on this we should follow this but most of them knows this actually.

The rate of Bitcoin scams are increasing day by day. This post will specially help the beginners to avoid scams. We need to study properly the project on which we are thinking of investing and we must not accept unrealistic  offerings. We also need to be careful about phishing and malware wallets.

the easiest way to protect your coins is to keep them on a cold wallet. and no matter what sites you visit)

Why is it that when I summarize them all it is like saying to just centralize it for security purpose.

The essence of having a decentralized coin or token is gone. There is no room now to tell which is true or not.
International investing. How could we visit their office if we are a country away from them?
Just relying on what they say in social media wont be enough. Going deeper in taking more information from them will be a video call only. Take a screenshot and maybe ask who the person really is.

I think it doesn't matter if you use Windows, as long as we use antivirus and also always update the windows that we use, the most important thing is always to use the maximum available security such as Google Authenticator for accounts in exchange. and also use 2-step verification for email for email account security

All points you have mentioned are basic common sense. We should be aware of what is going on in the market and keep our self updated in order to avoid us being scammed. Suppose a coin turned out to be a scam coin. We will see people rushing over to dump their coins in order to reduce loss. People will tell lies and do anything to sell their coins to random victims. The main point is, if anything sounds too good to be true, then there is actually something very fishy going on!

Yes, these 5 steps should act like a words ins tone, because if we budge from even one of them, it might cost us our precious coins. Thank you for this post and making it so thorough and clear.

Include also those cloud mining and high yield investment programs (HYIP). Those scam investments that are giving guaranteed high return, avoid them at all cost.

Theres also another scam in our local, they tell investors they will become better than bitcoin. But they are distributing their token that aren't listed on any exchange.

Avoid those investments that are giving you the words that they will be better than bitcoin.

we all get scammed because we are not knowledgeable enough. For us to avoid being a victim,  learn,  think,  ask and read those ways to effectively  manage the situation.

The thread you can post are clearly they help for those people want to invest in bitcoin without pattern or guidelines ideas to avoid scamm, but for those people had already knowledgeable about bitcoin or cryptocurrency they should knows how to handle their investment strategist.

Frauds are everywhere and scams are increasing in the Bitcoin platform as well. There are five ways to avoid the bitcoin scams. First, you must know what you are facing, avoid offerings from online platform that seems unrealistic, beware of phishing web pages, beware of fake digital wallets that often appear online or mobile app store and beware of bitcoin thief malware.

This is very helpful. One thing newbies should keep in mind is, in order to prevent being scammed, tricked or what is to conduct basic research about certain topic or things they are unfamiliar with. Learn how to observe and learn about the background of the thing you’re investing on.

We all know that scam is already happening before in bitcoin until now. I think having some basic knowledge about bitcoin can help on how are we going to avoid scammers. This information is very helpful to us and especially to those begginers. We nees to be aware on everything .

One of the most common thing that all scammers use are fake screenshots. They take screenshot of crypto earnings from other people, post it on social networking websites as their own and then scam them. Some people still fall for all this.

The easiest way to remain safe from all this is not to buy any service or course related to cryptro. There are enough free resources on crypto to start with.

It’s should be helpful article because scams is a common problem now a days. So, If it’s reliable article that should be help to avoid scams.

the existence of this solution is enough to help all of us, because there are also many people who do not know how to deal with fraud which is increasingly rampant. because it's also quite difficult.

These five points are really helpful and will benefit newbies who are interested in various transactions for making a gain in the market, I assume. Scams have increased and we should always be cautious.

It seems like I have read this article from a site, and I admit that the usual mistake is not being careful in storing private keys.

I see lots of accounts without owners out there.

For phishing sites, it is common for some users who do not pay attention to the sites visited, very many users are caught up in this problem.

5 ways of avoiding bitcoin scam from my point view at first we need to set up strong password for our bitcoin wallet . then second we need to keep tabs when we are purchasing bitcoin, then third we need to understand the underlying technology of cryptocurrency. Fourth we don’t have to follow all links using bitcoin we need to be careful and fifth we need to concern about the google publicity it will be helped to not be scam.

Yes, I do agree with you. But this is very general one and the basic concept of bitcoin scams. This can be helpful for newbies. Bitcoin scams are getting really harsh nowadays. People tend to get scammed easily because they made interface trustable for peoples.

I am very happy if anyone wants to share knowledge like this, and honestly it is more useful than complaining about the fall of the market, I was cheated before and that is a bad situation that I have experienced. That is why this information is very helpful especially for beginners.

in online world scams is very common so if you want to do online trading then you must know how to deal with these things, like figure out which are the original offers, and of course avoiding the fake coins are also very important

I'm wondering why are you people giving the comments like this. It's not long enough to meet the criteria of signature campaigns and it won't give you higher rank either. weird

There is no substitute for your instructions to protect Bitcoin from scamming. I think crypto people should follow these guidelines. Our awareness will protect us. Thank you

OP statement was all true that we must avoid from a scammer, nowadays scammers are getting smarter and waiting a chance to have a victim and especially they liked people who are the noob that gets easy to fool them. Don't trust the web wallet that was probably the cause of the leak in scamming. The most important thing is you have the responsibility to keep your private key safe which hard to access your wallet from theft.

Thanks for such detailed explanation on how to avoid btc scams. To my mind, it is necessary to avoid scams and you can do this if you do your best learning how to do this. I think that i will use your tips

For the fake digital wallet.
Its always advised that the original myetherwallet should be bookmarked and never try to search to redirect, always use the bookmarked link
Never access through a phish mail or probably a right mail cause it might be in your history and pop up while typing the right address which out of unconsciousness might be used and that could be dangerous.

I think that all pieces of advice on how to avoid btc scams are really useful. I think that it is really great to use btc and avoid scams because this is the best way to earn some profit. To my mind, it is better to hold

Anyone trying to sell you on 'earnings' or ways to 'make you money' is probably scamming to begin with. It's the same story over and over again.

I think we need to properly study projects where we think about investing and we cannot accept unrealistic offers.We also need to be careful about phishing and malware wallets.Phishing is the most common attempt by cyber criminals to destroy people's crypto assets.To avoid this kind of fraud it is wise to use secure encryption,two-factor authentication and USB while the user needs to store data.

Honestly, we could wish that it doesn't happen but it does especially within the unrealistic offerings that drives some people to think that such an opportunity as it suppose would never come again but we can do better to avoid getting too excited for such offers

It is possible to avoid the most bitcoin of the Moshia, but when the news in the road map does not correspond to reality and the market does not react to them, then the fraud takes a completely different scale - trade in fundamental analysis turns into a casino. While the market does not begin to respond to the news of the road map, it is impossible to trade the intros on the crypto currency. Well, trading on indicators is a very bad idea, if you can not understand the volatility in the price, or not.

I will like every one to print out this points and paste it within our reach so that we will be able to meditate on them every day. Almost everyone in this forum have the knowledge of facts mention here but we forget them sometimes when we see some attractive offers.

indeed this post is often seen in this forum. but that's good for beginners who don't know about bitcoin fraud so be careful in doing so

For number three, phishing websites has been used to dupe or scam many people, they look so real like the intended websites you wanted to surf, i recommend people to be using browser bookmarks, bookmarking the websites that requires vital information that could make some one take your assets is the best, so that whenever you are visiting the website using the bookmark, you will be safe to enter your credentails without being scared.

These type of posts are scattered across the forum but it surely is helpful for the newbies of the crypto market. But still, a lot of people get scammed everyday despite these awareness creating posts. Anyway, thank you for sharing and taking the time to write this post.

Apart from above listed ways I have following few points which we can check to avoid bitcoin and bitcoin based projects:

- Do your own research thoroughly on company, team etc.
- Check a public blockchain where all transaction records are freely accessible
- Go through an open source code base
- what are Core wallet software from which you can send and receive coins
- Is there active and knowledgeable community
- The ability to purchase and trade a currency through reputable and well-known exchanges
- Verify information before taking big investment decisions.

Very thanks buddy for sharing in wonderful and effective guidelines to prevents hack or scams in cryptoworld now adays many people creating a scams sites or other software and projects also. It's nice to read this guidelines. Hope you will convert to other languages so that many people have awareness of this.

That's right, phishing everywhere. And the phishing list seems to be getting longer and longer. Keep your account secure 2FA, using Google Authenticator or Authy at each login. We recommend that you use different passwords for websites and write them all on one sheet of paper, then keep it in a safe place.

It is also good advice to people here in the forum most of the investors or traders who make transactions with other people it is a great help to prevent the scam

Of course when you see it's too good to be true then you should stop and think first. No good money is earn in the most easiest and quickest way so cut the crap.

No one is responsible for our losses even we say we got scammed because in the end of the day there will be no scammers if there will be no people who fall from their trap. So grow up and be responsible as you can't trust anyone here, is it just only you.

Thanks man for sharing the important info, there are people who get into the scams every now and then

This is a very good information for the would be investors. But I would like to sum this up to a very simple analysis because it would be quite lengthy and maybe forgotten. The most important thought that you should bear in mind would be, "Why do they get in return if you were to invest your money in them?" or "Why is it that they are trying so hard to please you so that you could pay them the investment" or better still "Why are they encouraging you to invest and become rich when they can do it for themselves?" Any these questions will lead you to ask yourself about why should you invest and it would be a great help when you are almost failing to realize that the person encouraging you to get rich is a scammer.

Therefore, I think when trading you should be careful, always check before a transaction, always keep ahead always alert before the information on the screen.

the way number 1 is so simple,I have one of the tips to avoid scam ico, check the ico on https://icobench.com/icos, https://icomarks.com ETC  the higher the rating, the lower you get the scam,I did not say you only see the rating, but search for information the ico and read the whitespaper

Phishing is now widespread, electronic money floors are services that give users a market that allows them to trade Bitcoin, convert Bitcoin into real money or with other electronic currencies. However, the fraudulent electronic money floor has also emerged in the electronic money community. Electronic fraud rogue by asking the user to make a payment and buy Bitcoin. However, after purchase, this floor will not transfer any Bitcoin to the user at all. These deals usually attract customers by reducing transaction fees compared to the prestige floor.

Bitcoin is nothing other than just another form of money. However, it is for advanced than our traditional fiat currency payment infrastructure but on the other hand, it gives us power and control to manage everything without depending on others. That's why Crypto is all about self-responsibility and one should do his own research before taking any decision. I have saved my thousands of bucks just because I did research before taking any decision that involves my resources.

Avoiding scam this post is very helpful.There are also many ways to avoid the scam. but i think the point you mentioned are important. After reading this post hope newbie can understand how to avoid scam.

You provided an awesome tips and guides for us to use to avoid scams. This will help us all, especially us bounty hunters. We know that, there are a lot of scams today in the internet. And the reakity today is that, its hard to figure the legit or scam today. so we should all be careful.

Thanks for the info.

Probably, the basic yet the best solution to any problem is that of having first-hand knowledge about cryptocurrencies. Educating oneself is best thing to do to avoid scams or frauds and be able to identify which one is fraud or real information.

I think that is the best ways to avoid bitcoin scams because there are so many people that being scam by that. Also just make a research by yourself and do not trust others.

Lol even old members here don't know more about this things thats why many have become a victim until now for being lacking of informations..people here always need thread like this to remind us of what to do and what is not.what to avoid and what to follow,this is what sharing means thats why to OP thabks for this bro

I have read it and I think what you say is true and interesting. This will help all of us avoid fraud. Many bad people are on this cryptocurrency. So you should always be careful if you only know the person.

Thank you for sharing this information. I agree in your tips to avoid bitcoin scams and I think when people who read this will be informed and they will be more secured on what they are doing. Just continue on sharing thoughts.

Now-a-days scam is the biggest problem for investors. So if this instruction really work then many people are benefitted by this article. Specially newbie will be more benefitted.

Based on my experience here I always use an operating system, such as mac os or ubuntu, because windows is subject to far more virus attacks than the above. And I recommend this to you to improve your security from any attack.

This post is really good and will benefit the crypto currency investors. Moreover there is no chance to do scam in bitcoin so such technics should be applied when investing in a new project or altcoins. Bitcoin is reliable and reputed.

I think the hardware wallet is the most secure one. Many people who lose BTC do not keep their private key well or lose their encryption on the exchange.

Yes that was true but as we can see , this thread help us to remember whatbwe shild not commit for our own safety and I am glad that there still a few number of people who share knowledges regarding safety of our profits unlike the other who keep focusing on what they may get. These tips above must be monitored not only for the newbies and I guess also for the pioneers of this platforms from time to time scammers invent a new way to scam people.

We should avoid storing or screenshoting details of our wallet on our phones in order to secureour coins. And it should be minded that window phones is more susceptible to to hacking which is even more perilous than phishing.

This is my steps how to avoid bitcoin scams or crypto currency scams.
1. Check the Background of the team (If the team didn't give info about each member of the team such as name previous projects, background, etc. There's a possibility that they will just run away with your money if they didn't give info's about their team.)
2. Read their whitepaper and look if it's really worth to invest with, their concept, etc. (This is important to know what the project is all about.)
3. Check the Social media accounts, If you find it very interesting presentable. (Join their telegram group in order to be updated.)
4. Check the Projects professionalism (How they handle users, control frauds, etc.)
5. Follow their Roadmap and other technical details and see if they meet it on time.
6. Look for the projects community and see if the community is active.
7. Look for special proof and validation.
8. Do your own research about the project such as review about the projects or you can also check the projects ANN thread to see comments who's agree/disagree or the communities idea about the project because ANN threads is like an open forum where you can ask, give insights, etc.

In addition to what has been said;
- Runaway from ponzi scheme believe,
- Don't entrust your keys to your online accounts,
- Don't put trust in a stranger etc.

These tips are very useful because of the fact that a lot of scams on the crypto market now!
I always check the previous projects of the project team and how successful they were. I think this is a very important factor for ICO!

Most important thing every Bitcoin user must have in mind is that we are the owners and controllers of the Bitcoin we hold in our wallets, hence the security lies in our care. As much as possible, you must protect your login details and avoid giving away details to unknown sites that promises to give free Bitcoins.

I think you might be saying there are so many ways of being scammed.Its easy to say about these things to avoid but the truth is you cant really tell scammers from legit. This is one reason why still until today there are scams in crypto and many have still fallen into it. Still I think its luck most of the time that you can land on legit and profitable projects.

Well thank you for these reminders, its good to be reminded from time to time as not to become over confident to what we already know..there are indeed many scams  and so to avoid it we must be aware of it and make a necessary precaution not to victimized by it.

Most of your assets are in the wallet of the trading floor. Although it may seem safe, in reality your property may be in danger and become a victim of attacks. We should be careful when sharing personal information

Thank for your writing. I am a new member and the post really is very useful to me now, hopefully, the time comes when I decide to invest in the currency will not encounter such fraud cases.

A hardware purse is essentially a flash drive with a controller and other components that can fail. Therefore, I believe that you need to duplicate a private key and write it down in a safe place and store it in an inaccessible place to protect the risks of losing a private key.

Your ways is the best to avoid bitcoin scams. Actually beginners need to read this so that they can avoid bitcoin and they work here freely.

Another way to avoid your bitcoin from been stolen is to stop opening any address that pops up on your laptop. Airdrop is another method scammer are using now to steal people hard earned money. I used to do airdrop b4 but i habe learned my lessons now when my brothers wallet was compromised.

Newbies like me should these kinds of posts. Thanks for the heads up

100% agreed here, Mac's are realy safe and userfriendly. You get what you pay for.

Writing your passwords creates another set of problems, there are many people that write their passwords and they let that information laying around where anyone with access to the house can read them and steal your money, you need to have that information hidden somewhere in your home and if possible avoid strangers coming into it, if you do that then the chances that your accounts get hacked gets lower but the chance will always be there which is why we need to take the security of our coins very seriously.

This post will help a lot of beginners and investors. In addition its very important we learn to keep our private keys, password and anything related to our online funds safe to avoid stories that touches. secondly we should learn to avoid airdrop because that's the new way of scamming people off their funds nowadays. Thirdly greediness is the number one reason why most of us are been scam get this now no legit sites offers free Bitcoin or any other cryptocurrencies avoid sites that preach of free coins.

I would like to thank you for the good useful pieces of advice. I think that I will be able to avoid any btc scams after reading your post. I agree with all the points mentioned there and wish to find more posts like this one here

Nice article, these are actually the major ways people get scammed. I think people get scammed through phishing sites the most followed by unrealistic offerings

I think the following 5 ways will help you avoid cheating bitcoin.
1. Have a strong password.
2. Always check before transaction.
3. Verify true-fake.
4. Use cold wallets.
5. Do not trust, always verify before transaction.

This thread is very useful and knowledgeable for those new users for them to avoid from being scammed. Those ways that has been listed here really legit at can help other people in understanding the true security that they need.

Thank you for this . This information will be a great help to each one of us. Some of us experienced being scammed and regret everything and blame ourselves but with the help of this one we can get rid of scammers and avoid some offers that is obviously scam.

This very helpful information. Thank you for sharing your thoughts. All of you stated above was correct and we can used it to avoid Bitcoin scams. It is very important to ne aware of all the things we could encounter inside of internet. As a bitcoinist we need to be open minded to all of malicious things in your software. You did not know when and where they attacked you.

I think these are 5 ways to prevent scams in bitcoin.
for me first you should only know your private key or wallet that someone else should not know. Secondly avoid being friends with people who are not familiar and should not just believe in the word says so you do not go wrong anymore. I should only believe in you to avoid the deceivers and to handle things that others should not know.

Well said, these are the key factors or ways to avoid getting scammed, avoidance is a must and scams are the things that makes people think that BTC and crypto should be avoided at any cost, and that is based on my own experience sharing my thoughts to my friends.

What you have stated are all true when it comes in preventing to be scam however we cannot really say or predict the outcome of our investment. I would also want to add that before investing in something make sure that you know every detail of all of it and have a realistic yet wise plan whatever the result is.

   Precisely, it shows how hard time spending to read and acknowledge to gain knowledge by reading and spreading accurate suggestion. In fact it is a good behavior that must everyone have done. Only those lazy people woluld be catch by the scammers but those who has a luck of wisdom will evade those who are intentionally scammers. These 5 methods are preferablly good advice for everyone who penetrate crypto as a support fund and not to be scammed.

Everything that you have numbered is correct. And I also think that many people are very well aware of these facts.
Still when it comes to real situation they somehow lose common sense and tend to be very naive, not to say fullish.
Anyway, if you want to avoid scams be suspicious and performe due dilligence. And everything that sounds too good to be true, it isn't true so pay attention to that.

how to avoid bitcoin fraud is not easy to be fooled by an easy thing, be careful with suspicious links, be careful of ads from Google, avoid offers that do not make sense, do not download from suspicious sites, separate the E-Wallet computer from Daily Computer.

These are great ways for newcomers to BTC like me. Before I knew about BTC, I was very suspicious that one day hackers would steal my confidential documents, but reading this article made me feel safer, more careful. When I am proficient in BTC trading, I will learn more about this to avoid unfortunate circumstances  ;D

It is worth adding that it is worth paying attention to whether the software we use to cryptocurrencies is Open Source. Without this, we must trust the publisher that the keys are actually only on our device and are not sent anywhere. Almost all popular wallets have a closed source or "partially open" and they have hundreds of thousands of users. There is no reason to close the source of the wallet software in my opinion.

 Nothing else will be done to avoid scammers, read more harder the articles and threads that may lead to have a great wisdom in return for a safety. But becaming lazy will lead on scammers, those who are lack of wisdom, are easy to catch scammers. So, I bet having more knowlegde is the most safest way.

Well. I see your post very interesting. It's very necessary for newbie. Thank You

Its not the bitcoin that will scam noob,but the people who is longing for bitcoin from the people who holds bitcoin.

But this is such a great post to help each and everyone to prevent ourselves from becoming a victim of scammers as we know that they are everywhere in this community that only waiting for a right chances

Dont ever be afraid to ask question on what you don't know. you might need to search the bitcoin past discussions to see cases of scam in the past and how to avoid it, these are one the reasons of the forum not only for money making. Sometimes the forum moderators can be approached through messages (PM) if you find it difficult to trust anyone on the thread. They have a track record of honesty and wont want to dent their integrity. I hope in the future more measures and laws will be created to punish criminals on cryptocurrency.

Said factors are really needed but i guess we only need one thing. Based on my experience, i have been scammed a lot, i have been hacked a lot and i have been spending a lot just to get rid of the crypto hype back then. Make it slowly but surely, it is okay to get too long, do not mind the advertisements instead use the internet for a reliable searches.

This is the best way to do if you don't want to loose your bitcoin and make sure that you have 2FA authentication in your email or any accounts so that's no one can easily access in your accounts.

The most important reason for being bitcoin so successful and so popular is that bitcoin promises to provide the safest and the most confidential transactions as its transactions does not involve any third party seizure so no third person is able to see the transaction between the two and thus it provides user anonymity to its investors but I think no third person involvement is misused by some people and they thus steal others bitcoin so the best way to be age is to never share your passwords and keys to anyone.

Thanks for sharing this method, Even though I've seen a lot of topic about this but there are some members here who didn't know these methods on how to avoid in a scam project which coming out to the internet.

What you are doing is really useful for beginners who are involved in the Bitcoin Market. The valuable information will help new investors more confident to invest. We all know Bitcoin is a double-edged sword and not for amateurs or blind investors. Bitcoin can make you rich but you can lose everything. Thank you for contributing the necessary information to everyone.

Number 6 would be choosing a  crptocurrencies software that  is open source. Having an open source wallet assures us that key is all within our hands and not sent to somewhere else. Most of the well known wallets have a closed source, which for me there is no reason to close the source of the wallet. An open source wallet gives you the full control over your funds.
One of an open source multi wallet right now is the HODLER wallet, it secure all the fund with one seed. In addittion, it has  original feature of HODLER Secure Backup that protect user from malware trying to steal his seed.

Number 3,4,5 is what I often encounter, I don't know why there are lots of phishing letters coming in my email, they say from blockchain wallets and so on. but on the link they point to their site, if you are not observant you might fooled. and be careful with malware and viruses.

I don't know that yet, I also get a lot of scams
more careful the core

To avoid the most effective scams, you should know before investing, learn from the experience of long-term investors and you should choose the reputable trading floor to avoid the risk of fraud.

good general information here.  I always appreciate coming to forums and seeing helpful information like this.

for me to avoid the bitcoin scam or the ICO project scam is dont believe 100% with they said, like all the road map and anything else, you should think twice about that project before you join to investing in that project, that is my advice for all of you people that want to invest in a project

Tip 1: Don't be fooled easily by the easy thing

Usually fraudsters in doing bitcoin fraud send random bitcoin addresses and a private key this is done to ask to send money to someone's email address. Fraudsters have a mode that seems to take money from someone, but what happens is the opposite.

In a text file that is sent to you actually has been inserted an exe file that is executed, and if you have installed it then the fraudster already has access to the Bitcoin Wallet that you have.

Tip 2: Be careful with suspicious links

Don't be easily fooled by unknown or suspicious links. Because in your email there must be lots of Bitcoin offers from some popular Bitcoin services that advise you to visit a WEB site, where there will use information from your Bitcoin wallet.

Tip 3: Be Careful of Ads from Google

Be careful of advertisements issued by Google, because many fraudsters deliberately buy a place for advertising through Google AdWords by referring to links to sites that are owned by the fraudster.

Usually the appearance of the site has a look like a popular Bitcoin site like BTC-e or Blockchain. Well if you find an ad like that immediately report to Google so that the ad is deleted, so there are no victims of fraud.

Tip 4: Avoid offers that don't make sense

If there is an offer to increase Bitcoin quickly, don't be easily attracted because it is very vulnerable to Bitcoin fraud. All you need to remember is that there is no business that is obtained instantly.

Tip 5: Don't Download from a Suspicious Site

If you like downloading, for this Bitcoin business you have to be more careful. Don't download software from unknown or suspicious sites, because it usually contains viruses that can steal your Bitcoin.

We all know that there are a scammers here on bitcoin. So we need to be sure when we have a transaction to someone. We need to be secure if his background is good enough to trust that person. More of the bitcoin users being scam because they are easy to have their trust.

It’s always good to be reminded of these necessary precautions, especially now that hacking is so rampant. Who likes losing their hard-earned money?

I think the best way is to find out before deciding what to do.Do not believe anything until it is safe to do so." better safe than sorry ".

Yes, unrealistic offerings is usually the sign of scam or fraud project. If they could gain so much ROI in short time, they would not hold a crowdfunding,
they can just borrow some funds in big amount, and return their to their lender later because the ROI is high.

All of that are correct but if you want to avoid scams you need to be wise on choosing and do not click any untrusted files because there is a chance that it is a malware that can access your wallet on your pc or laptop. Just always check the website before you enter and conduct some research before you enter in this field of cryptocurrencies.

Your information is very good for those who are intending to use and exchange Bitcoin!
Not all Bitcoin and all Blockcoin-based altcoins need to be protected from scams!

All the things you mention already very often I found. Fortunately, I can distinguish between regular sites / web, and phishing sites / web. Not only that I also often find advertisements which offer high profits from 300% to 5000% this's certainly very tempting, especially for new users, while the situation is very opposite with actual market conditions. So, with the existence of such advertisements of course it's very doubtful.

What i can suggest is learn to take good care of your belongings, and since your Bitcoin belongs to you then be very careful about it. Do not entrust your personal infos regarding your account to anyone and secure it using authentications.

Right now there are so many models for cryptocurrency deployment and of course this is very detrimental because now cryptocurrency is experiencing a decline and especially if there is less good information later on such as fraud will make the market go down

Currently, several online services have been created to detect fraudulent websites and services. Badbitcoin.org is an example. This is considered a trusted site, which provides a full list of fraudulent or verified frauds. Another service on @thatsascam on Twitter is also quite useful. This is a bot that detects spam. These bots check those virtual tracker accounts based on the retweets rate. Take advantage of such tools to minimize the risk of fraud.

This is a good write up for those that are new in community it will really help and prevent them form being victims of scamers

I love what you’ve said about the phishing sites in which the most scandalous issue on why most of us become victims of this scammers and hackers

We must be aware about the phishing sites in this are as so many of people in cryptocurrency lose millions of dollars because of this and hope from this thread people will learn how to prevent from becoming victims

It made a lot of knowledge how we aware from this kind of scams, all mentioned from the tips are so useful with this we can avoid those bad intentions to earned instant money by doing bad things like this, with the guide you give us we can control and add more careful from our security account..

All in all it is so hard to avoid bitcoin scams unless if you will not entertain people offering you something that is great that would relatively will let you fall for it. Other scam activities fall in to investing ICO projects that are certainly some of the team doing and promoting the project are fraud.

You right. this type of theft method often happens. be careful with emails that contain a site like blockchain, coinbase or other wallet sites, they create replica sites by sending emails and saying that you are required to verify in that site's replication, when you fill email+password login. they already get your account

That's right, there have been too many modes like this milling about in the internet. The as if will give us big profits. And scammers it's no longer ashamed to spread their operations in various social sites, from facebook, twitter, youtube and other networks. As a result, there were also many ill-fated investors because the money they invested had disappeared.

These are some very basic but effective steps and has been posted many times on this same - but I feel, no one wants to study these days.

actually, it is very difficult to say right way to avoid Bitcoin scam. it's depending on your skills and on your experience be about Bitcoin. you should, always be careful on your, wallet, on your PC or phon. before new joining new project you should check it.

Indeed, even the old timer in this forum as well doesn't know how to trace scams sites, phishing site, or etc.  This, is for the awareness for everyone of us here also. Then, as long as the scammers see that there is a lot of people who are lack of knowledge a victim will always be there , so better be careful at all times since that we are in this business..

You need to secure a strong private key.Do not give your password to anyone.Do not click link that is suspicious.Do not forget your password.Be careful of the scammers.

There is many ways to avoid bitcoin scammer not only 5 but many more ways . But the most important to know of how to avoid scammers is to know your people that you face and inspect or observe his movements, speaking or in chat .

I think that all the governments of the world are so interested in the crypto that they will now do everything possible and depending on them that the crypto, especially bitcoin, will not grow in price anymore.

Really well and helpful topic but I have catching number 3 in my mind absolutely we know many Phising web page in the internet world it the mostly problem and anything can be hack our account.so we are need focus and looking real web link then click it. So don't click haven't understand Phising web page.

I also created this topic long time ago. [GUIDE]How to avoid scam? (https://bitcointalk.org/index.php?topic=3329803.msg34802617#msg34802617)
Avoiding scams is the part in having a life with crypto. Scammers is part of the crypto world. They are the person who losses funds or want to earn money in easier way. Just be careful when getting a deal with someone, much better if you uses escrow service to make it sure that is safe.

1. Don't use your original
2. use the application to secure accounts and so on.
3. see the facts and the news whether fraud or not
4. use the iphone to secure the account
5. hurry and be aware of yourself

I think the way to avoid hackers is to Know What You Are Facing, Avoid Unrealistic Offerings, Beware of Phishing Web Pages, Beware of Fake Digital Wallets, Beware of Bitcoin Steal Malware, Be Careful of Ads from Google, Separate Daily E-Wallet Computers from Computers.

I think this is an experience that can secure your bitcoin from hackers, if all have the experience of protecting your bitcoin, chances are you will know things that smell like fraud, it's just that new players might need guidance on how to maintain their bitcoin, so not easily stolen or fooled by irresponsible individuals ...

If you want to avoid scams then get AML BitCoin. AML BitCoin rests on a privately regulated public blockchain that facilitates AML-KYC compliance and identifies criminals associated with illicit transactions while maintaining and strengthening the privacy protections for legitimate users.

Those are well elaborated points but I will add that people take care of their wallet with the utmost care and protection because scammers are not relenting in their quest to catch you off guard.

Well thanks for the elaboration i hope other forum members would heed to the advices shared in this post so that they don't fall to prey to the schemes of some hackers because the activities of these hackers have made bitcoin investment quite unattractive some potential investors.

This points are very useful most especially to the beginners because I know for sure that most investors are already aware of all this investment precocious. In addition I will advice that we should also learn to avoid be greedy looking for huge profit is mainly the cause why scammers do succeed.

Scammers invent so many ways to trick crypto investors. Probably I should create the new topic and tell about my own experience.

Thanks for this very informative tips and guides on how to be secure and safekeep your assets on crypto mate. Scams, fraud and phishing are usually rampant on giveaways and crypto airdrop programs nowadays. This is there strategy to lure people to engage on their fraud acts. The usual victims are the newcomers on crypto. Thats why it should be mandatory for the newcomers to make their own research and study on how blockchain technology works and how to be secure in this technology.

6. Dont deal with Tether (USDT)

Tether (USDT) is scam (fake) USD, can crash any monent.

To add to some great points here, some of which have been touched upon briefly.

1. You Tube "promoters" = Scammers.

Check out this list > https://www.reddit.com/r/CryptoCurrency/comments/7y3xtr/this_will_be_the_blacklist_of_crypto_youtube/

  *Except for some of the guys who talk about charts and actually try and educate people  "The Chart Guys" are pretty decent, for example.

2. People on Social Media who use the term "Blockchain Entrepreneur" (lol's) Stay away from these "pretenders".  

3. ICO's  Simply do NOT invest in ICO's, maybe 1 in 10 will generate profits, most are scams, much better to pick older,  PROVEN altcoins.

4. If it is "Too good to be true" It is! Avoid!  (Really, so i invest my BTC and you promise i will gain $xxx in just a few days wow)

5.  NEVER, EVER... go "All In"  You will get REKT  (in the end).


Good luck and i wish your bags will grow large and the Bitcoin will Blossom.

i think indeed with a marketcap that is so big, it seems difficult to say a scam, because bitcoin holders have been spread. for that, for beginners are investing in btc are safest

But I see that many people convert their bitcoin to tether so they can rebuy bitcoin if the price is down. I think tether is not a scam because I see that tether can bring us a profit too. But besides tether, I think we have another option which is USDC, and we can trade this pair bitcoin. I think tether is the most stable compared with the other coin so we can sell bitcoin to get tether if bitcoin price increases.

I was close to believing a scam pretending to be affiliated with Binance. The profit was too good to be true and anyone naive will fall prey to this lie. If you are suspecting that an investment is a scam, be patient and take a step back to research first before making any move.

Always err on the side of caution as it is your own hard earned money you are protecting. And as already said by few members, don't be greedy. Greedy people don't tend to think clearly. They are too blinded with the promise of huge profits in a short amount of time. They often ignore the warning signs in front of them. And that's how scammers get them.

Indeed, this was a big help to any of the member in the forum. Good job mate on this one :)
Perhaps, in regardless of what you had stated on page 1 it was all true and majority of us here encountered those ways.
Honestly, I think scams also will not be disappear as long there is a victim for it. Just let us be careful to those people who are scammers
who are asking for money, and let us not get easily hype there sweet words, lets be observant and aware for it.

it is often our own fault that we are being flustered and we are losing money. do not overwhelm with safety equipment and always install 2fa

Thank you for the contributions from your post. This will probably help newbies get more knowledge to protect themselves.
In addition, I recommend using Mac OS. This is a secure operating system before the attacks.

What are the other ways we can do besides that to ensure that we are safe from being scams?

Now many way could make our bitcoin and altcoin balance lost by hecked, we have make safety is first for all of my coin save on exchange, we have always use correct link website for keep away from phising or fake website exchange.

not only for newborns or noobs but that safety precautions can also be applied for veterance and experienced crypto enthusiasts . 2fa's are also a good alternative for making our accounts more secure but in my case i dont really use 2fa authentication because i find it hassel and besides i dont really have a huge balances on my crypto wallets .

the only way to avoid scams is avoid joining investment programs that ask for payments because that is too obvious that they were only scam . instead we should only invest on our own .

This factors really are true but there is just one for me not to be scam using that tagline "Invest on Bitcoin", it is just don't give a shit on that one. Literally don't give a damn on every advertisement instead study the whole blockchain if you really want to know more about the cryptocurrency and most especially bitcoin.

for me
1. abide by certain and non-false sources
2 keep watch using the security of your account and wallet
3. Do not be affected in any way or do not immediately be tempted directly before you know right
4. Avoid strange system systems and link links
5. ourselves take care of ourselves and our minds

Absolutely right points (Beware of Fake Digital Wallets) totally i agree this points. I see many digital false wallet have been in this market section,it bad react and anytime can be hack our wallet.so we need to avoid to use wallet ,I want to use Bitcoin official wallet and given good safety. 

Thank you for advices, because it is they  will help in the future to save themselves from a fraudster or from a stupid incident) Often, by our own stupidity, it happens that we can get into the story with a not very happy ending.

It is not knowing the correct algorithm to work with a particular job - leads to a sad ending. I think that such articles are necessary, because: on the one hand, they protect newcomers from scam projects and, on the other hand, they remind old-timers of the existing danger!

You will be surprised by the amount of people that still fall in form of scams that have been known for a very long time, and this is because those people do not really inform themselves of all the ways in which they can lose their money, so it is important to share all the ways in which scammers try to get your money and to try to keep up to date with that information.

Don't forget people who want to earn money without hard work. That kind of people will always look for investment site that they think  can give them a lot of money without do nothing. That is main reason why scammers still exist.

Newbie problems are not just about investing scams, but maybe the main problem is. ICO investments are followed by many people including newbies and maybe many of them get scams. there are actually a lot of indicators to avoid ico scams ranging from their team to their project goals, but how to see that ico was made by bears?

This day many scam are pop up and many people are joining on it. This information is a very big help to all of us specially to those people who are just starting yet so that they can avoid scam projects. And for me to avoid scam if the money is very easy to get in there project or the % of your profit you will get is very high avoid it because 100% it's a scam.

Everyone in cryptocurrency specially in bitcoins should always double check things where they want to invest their money with, they all should make sure that it is a legit company and a trusted one before they invest their money in it.

The best way to avoid bitcoin scams is to avoid being greedy and be a bit realistic because there is no investment in the world that can give a profit of 50% in a month of investment. It's simply not possible.

Thank you so much for the work you have done in studying the problem and solving it. I, like many other people, had once been a novice and repeatedly encountered fraud.

Evil people are everywhere and they are trying to deceive us.

I hope you will not leave your topic and will continue to supplement it with new information. After all, the attackers every day come up with new ways that would fool the gullible people.

Good luck in your way!

Most important thing every Bitcoin user must have in mind is that we are the owners and controllers of the Bitcoin we hold in our wallets, hence the security lies in our care. As much as possible, you must protect your login details and avoid giving away details to unknown sites that promises to give free Bitcoins.

 5 ways to avoid Bitcoin scams is by
1  know what you are facing
2. To avoid unrealistic offer
3. Beware of phishing web pages
4  Beware of Counterfeit Digital Wallets
5. Beware of Bitcoin Thieves Malware

the basic rule is just to be careful with transactions and when clicking on links that you are not familiar with

1.   Use always trustsd websites which are having proper certificates.
2.   Don't share private key with someone.
3.   Do not install any application which is harmful for computer because once i installed, after installing my clipboard was hacked automatically it was paste someone bitcoin address in the address bar of the wallet.
4. Avoid free giveaway because no one has given free bitcoin because its expensiveness.
5.  Don't invest into cloud mining service of internet. I know there are legit service provider but most of these are Scammers.

Be safe and active bitcoiners.

I will quote John McAfee:

Don't be naive when you enter cryptocurrency world and don't accept just any offer you bump into.

Be specially cautios on telegram, when scammers pretending to be bounty/project managers try to offer you coins. ALL OF THEM ARE SCAMMERS. No developer or project member will PM you first with "special offer".

Thank you for sharing these five ways. It would definitely be helpful to me and help me avoid the scams. I was fooled and lost money in my wallet when filling out personal information from a gmail sent to me. Therefore, I advise investors not to fill Your information from gmail is sent to you that you do not understand about it

Avoid believing with email scam attempt too. Be aware of it, read this thread and "Do not send bitcoins to extortionists (https://bitcointalk.org/index.php?topic=5057062.0)".

This is fearful if you haven't deal with this type of email and you might think that you are affected of a malware/ransomware but don't be fooled.

The moment anybody or service promises of a consistent return of investing in their bitcoins product, then it should be a red flag that it is a scam or ponzi scheme and this should be a guide to anybody that want to avoid been duped by scammers.

These are great for new entrants to the crypto market. There will be new knowledge that is important to them because I think these things are so familiar to longtime investors. It is not too difficult to avoid bitcoin fraud as well as not easy to recognize and prevent. Please equip yourself with sufficient knowledge, psychology before investing in bitcoin.

I've also been exposed to malware viruses on my laptop where you try copying your bitcoin address, but actually when I paste it precisely someone else's address that appear lol. If you're not a keen and unfocused person, hacking this method can be very detrimental to you, make sure you update your anti Virus...

I totally agree with the points above and it all boils down to user's safety and common sense. Always question the things you will be putting your information to. Nothing is really trust worthy nowadays specially with the rise of phishing sites and malwares that are able to grab your bitcoins.

That is a very old virus and yet it still creates problems for the people and one big problem is that many people do not take the extra seconds to verify that everything is OK before sending a transaction and this means they will lose their money to those hackers, so if people like that are unable to take the needed precautions to protect their coins then it may be a good idea they get a hardware wallet that way those problems will be a thing of the past for them.

I say this because securing your computer is not a small feat especially if you are using a operative system full of bugs and backdoors like Windows so your time and money will be better spent in doing something else and just getting a hardware wallet.

I recommend using protected operating systems to help keep your computer away from the risk of viruses infiltrated by hackers.

the crypto world is very vulnerable to fraud, because lately crypto's growth has been so rapid, so many fraudsters have sprung up to find their own advantages, various ways they have done to fool potential victims. so it is very good if we fellow crypto users always remind each other so that there are no more victims of fraud in the future.

Nowadays, the world of crypto is really very diverse and scammers are so well able to disguise themselves, that sometimes you just can not figure out without specialized knowledge. In my opinion, you can be protected from scams only by not taking part in crypto projects at all.

Always check the website so you wouldn't be a victim of a fakewebsite or a phishing site.
And for wallets I recommend using only hardware wallets for your own safety.

Well you are right with the analysis of ways to avoid scam but the first thing to do if you ever want to overcome scam is to stop being too greedy and never get easily move by too much unrealistic promises from projects you never hard first hand information on. Because most people want to get rich quick and at that most times run into scam.

I have stored my bitcoin with a hardware wallet to avoid phishing. Also I use an online wallet to store the token from the ICO that I have received. I usually use a lot of online wallets and do not store all the cards from the ICO project I get at a wallet, which I split into several different wallets. and I use the security mode from the website available to protect my wallet

I am very thankful to you for sharing such useful pieces of advice as to my mind all of us are looking for the reliable ways to avoid btc scams. I think that I will try not to face unrealistic offers

It's a good topic for the newbies to learn and look forward to bear in mind when doing some kinda transactions online and offline. We have hungry bitcoin hackers out there who are willing to do all it takes to get into your wallet.

I think many cryptocians are wise because they don't  put their funds in danger. Some of new comer in crypto is the one that always victim of scams. Because some of them is lack of knowledge they not familiar to phishing site that's why we need to be vigilant.

So it is very important to understand the cryptocurrency ecosystem. Don't be easily influenced by someone else's invitation to cryptocurrency investment if you don't have enough knowledge. And the most important thing is that you have to proceed, don't be affected by instant profits.

yes there are correct, to avoid scammers you can do that, and I think the best part is in the 3, Phishing Website, is the biggest problem in scamming, there are many phishing website in this world, not only in cryptocurrency, all popular website like facebook, internet banking and anything else

Thank you, your information is very useful to some newcomers to this market like us, i will distance you 5 things you said on