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Author Topic: Avoiding Crypto currency Scsm  (Read 18 times)
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January 30, 2018, 12:54:55 PM

 started my journey world into Crypto currency a little bit late last year. But during that time it was all too fascinating. Especially with the idea of safety and privacy that Crypto currency and the entire blockchain is about to bring to the financial world at large.
With all the promises and hope that Crypto currency is set to bring, one this is already standing tall as it enemy and barrier to greater height has it is.
In just few weeks alot of exchanges had to change their services and create a greater security wall due to the high attempt of internet Scammers and hijackers from various areas of the world.
Not so long ago the well know decentralised exchange site Etherdelta was hacked and a good number of transactions containing millions of ethereum were diverted to the Scammers address.
Quite alot of other exchanges sites have been affected with DDos attacks coming from site hijackers in other to thief more money from the innocent traders.

Fast forward this week Crypto theft has moved higher to another level. Alot of ICOs are been tampered with, with Scammers taking a new level of phishing ICO database and sending lookalike fake nails to guilble users who at the same time are sending all there earned money into the fake wallet address.

Here is my advice for Crypto traders especially those just coming into the frame since they are the most gullible.

Always take advice from only trust users or friends before trading or doing anything.
Never post your private key (this is how theft are started)
Be careful of where you upload or share your JSON file or private key.
Always use safe password that you can remember and very hard for hijackers to remember.
Review any ICO very well before you participate in it.
Only trade money with people you can trust or better still get enough info that you can use to hold the other party invade there is a fishy deal.
Don't be too greedy when it comes to gain, that is what has allowed alot of traders to be scammed.
I think this few steps and note are already enough, Internet scam is real play SAFE.
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