Increase Your Alertness Everytime

[BITCOIN4X]

The price of bitcoin continues to grow and dominate the market, the market cap is also increasing, that's a really great thing for the bitcoin community around the world. You deserve to have fun because your investment have been successful and some of us even have profit exceeding 100%.

But don't forget that we've been a potential target for scammers, hackers and cybercriminals for the more than a decade since bitcoin became a valuable asset. Many people have been victims in this period and even exchange platform have fallen victim to it. So be careful and don't make you the next victim. At this point I advise anyone here, especially beginners, to be careful and always pay attention to the recommended security measures. This is a lesson not to be forgotten and must be practiced to keep your assets safe.

As long as bitcoin entered the new ATH, I was sure there were lots of Begginers to the forum for various purposes. Many old users returned to the forum and some of them were even detected as users who just woke up from a long sleep, email was changed, password was changed. We don't know if this account is still being used by real users or has been hacked until they prove ownership of the account by signing message. I know maybe this is one of the phenomena when the price of bitcoin has increased rapidly, but whatever it is, you have to be aware of the potential that exists.

Some things to note are:
1. Keep your account safe and do the steps properly.
2. Secure your wallet.
3. Consider not keeping your assets on an exchange.
4. Consider not keeping it in one place, because if something happens then not all of your assets will be lost even though it is very rare today.
5. Never believe in the lure of an unclear investment.
6. Don't easily trust anyone you don't know either online or in the real world.
7. Don't be too excited to tell the people around you about the current value of your investment as it will increase the risks such as robbery and so on.

I know the points above may already fall into the general category as a reminder to the wider community regarding security. But it doesn't hurt if I keep trying to tell everyone here and remind them to always be safe. One small effort may be worth putting into practice especially with regard to safety. So stay alert and be careful because we are always potential targets of criminals. Remember that our bitcoin are entirely our responsibility to secure them.

[Coyster]

Don't be too excited to tell the people around you about the current value of your investment as it will increase the risks such as robbery and so on.

Users who'll do this run the risk of a $5 wrench attack, I know quite a lot of people have made profits with this latest appreciation in the price of Bitcoin, it wasn't expected to go as high as this so fast (38-40k), so there are prolly a lot of people out there with a high amount of ROI, and I'm sure people will start talking about how much their investments have risen this period, it's good they know the risk that's associated with doing that, so it's always important not to tell everyone about your crypto holdings, even to friends or even family.

Don't easily trust anyone you don't know either online or in the real world.

There will be quite a lot of scam giveaways plus 'scam crypto experts' atm, making attempts to scam people, just hodl your Bitcoins, don't get greedy, ask questions and sell when you think is right, also treat every Bitcoin giveaway as a scam and remember that BTC isn't a "get rich quick scheme".

[Welsh]

Pretty much every time Bitcoin gets a lot of exposure, or Bitcoin booms in price there's a influx of new users trying to scam, and earn a quick buck. I expect to see a lot of reputation threads, and debates all over the forum in the next few weeks, if the price remains at around this value.

If Bitcoin has a "correction" or drops back down, I'd expect a ton of people claiming Bitcoin has finally died, and promote their altcoin scams. I think its the general life cycle of the cryptocurrency industry.

[OcTradism]

The warning is called at a very good time for old crypto enthusiasts and newbies. Thank you for your recap and advice but I want to invite readers here to read my topic Good topics on security and privacy

When newbies are doing crypto transactions, they must check details and avoid traps to steal their crypto by malwares.
Clipboard Hijacker Malware Monitors 2.3 Million Bitcoin Addresses
How to lose your Bitcoins with CTRL-C CTRL-V

[coinbiz]

Good advice.  I'd add:

8.  When prices begin to drop, don't try to hedge by buying altcoins.  Bitcoin preserves its value the best.  During the last crash Bitcoin bottomed at a maximum decline of 85% but many alts crashed 99%.  Remember, you cannot beat the market, and you don't need to.
9.  Don't try to hedge by selling your bitcoins for USDT, USDC or any stable coin.  Doing so will typically tie you to an exchange, and you may end up losing that coin.  

[cryptoaddictchie]

There will be quite a lot of scam giveaways plus 'scam crypto experts' atm, making attempts to scam people

There are already many even without bitcoin ATH goes to this. But definitely it will increase more as btc is keep exploding like this. Even now and then I saw many new post on scam thread about different site of scams. Damn, haha scammers are really like to try every inch of way to get in.

If Bitcoin has a "correction" or drops back down, I'd expect a ton of people claiming Bitcoin has finally died, and promote their altcoin scams. I think its the general life cycle of the cryptocurrency industry.

Waiting for that chance that bitcoin become scam again and dumped. Haha people idea is really simple. When it pumped its being fomo and become trending. When it dumped termed scam will always be present. Bogus, or shady investment.

[samputin]

There will be quite a lot of scam giveaways plus 'scam crypto experts' atm, making attempts to scam people

There are already many even without bitcoin ATH goes to this. But definitely it will increase more as btc is keep exploding like this. Even now and then I saw many new post on scam thread about different site of scams. Damn, haha scammers are really like to try every inch of way to get in.

Haha I think the only permanent thing here in crypto world are the scammers. Whether it was phishing, scam ICOs, HYIPs etc name it, they'll stay. They will be present 24/7. We cannot eradicate them imo and the least we can do is awareness and prevention. Hard to admit but that's the reality.

If Bitcoin has a "correction" or drops back down, I'd expect a ton of people claiming Bitcoin has finally died, and promote their altcoin scams. I think its the general life cycle of the cryptocurrency industry.

Waiting for that chance that bitcoin become scam again and dumped. Haha people idea is really simple. When it pumped its being fomo and become trending. When it dumped termed scam will always be present. Bogus, or shady investment.

Good luck to you mate, keep on waiting but I'll be selfish this time lmao. I'm hoping that this bull run will never end *peace.

Nonetheless, I agree to both of you. I guess that's the nature of human — focusing on a single bad thing done over the hundred of good things done.

[cryptoaddictchie]

Good luck to you mate, keep on waiting but I'll be selfish this time lmao. I'm hoping that this bull run will never end *peace.

Haha. That's fine. It shows that you got some bags and I don't. I'm just taking about bitcoin, but I do hope this bill run will last of course. Since I have altcoins as well, however my wish will totally be affected if ever bitcoin crashes since most altcoins will definitely go dump.

Nonetheless, I agree to both of you. I guess that's the nature of human — focusing on a single bad thing done over the hundred of good things done.

Its not general but when you observed it. The norm is likely  this anyway.

[plvbob0070]

7. Don't be too excited to tell the people around you about the current value of your investment as it will increase the risks such as robbery and so on.

It is illogical to flaunt your investment value, criminals will certainly run after your private keys to steal your assets. Be wary that things could be complicated when it involves money, people can easily turn their backs on you. Instead, keep it private because it could lead to a perilous threat where your life and assets are at risk. Regardless, we should identify our priorities as an investor to secure the privacy of our financial assets. With the new ATH, there could be a rapid development of fraudulent activities in the crypto space, so we should stay vigilant.

[BITCOIN4X]

@Coyster, It's good that you got my point perfectly.

~Snip
remember that BTC isn't a "get rich quick scheme".

This has been a fact for a long time but in practice there may still be some people who do.

Pretty much every time Bitcoin gets a lot of exposure, or Bitcoin booms in price there's a influx of new users trying to scam, and earn a quick buck. I expect to see a lot of reputation threads, and debates all over the forum in the next few weeks, if the price remains at around this value.

And it doesn't seem surprising anymore because it's almost predictable and just waiting for the time.

If Bitcoin has a "correction" or drops back down, I'd expect a ton of people claiming Bitcoin has finally died, and promote their altcoin scams. I think its the general life cycle of the cryptocurrency industry.

To me that is something that can be considered a joke because usually the babble will be there after they fail to make a profit on the investment. If they do make a profit, it's entirely possible for him to say that I made the right decision about investing today.

It is illogical to flaunt your investment value, criminals will certainly run after your private keys to steal your assets.

Of course, and that's why I took the time to remind everyone, especially those who are newbies.
You know that only people who don't care about privacy will do it on social media. Without realizing it, they will invite scammers who will make them victims. Privacy is not only about personal data related to identity, but financial privacy is also needed for the security of assets and ourselves.

If Satoshi didn't care about privacy, there would be hundreds of beggars every day asking him to share his chunk of bitcoin.

[ShowOff]

The seventh point is one of the standard methods to which we must pay attention. Privacy is one of the most important parts when we are involved in the cryptocurrency industry. You have a right to privacy by never telling anyone the value of your investment. Maybe, but wills are also needed because you never know what will happen to you in the future.

Most people probably don't realize that they have done something wrong simply because they have caught the attention of a hacker or con artist by sharing information about ownership of a valuable asset. Good privacy protection will keep you protected from various kinds of chaos and dangerous threat because your identity, asset, activities have now become public consumption in various place. You have to realize that Google and social media platform know your behavior more than you do now. Is privacy that important now ?

Scam, hacking, can happen anytime, anywhere and to anyone. You have to be very careful with things that you take for granted but end up being poisonous.