What should we pay attention to when using bitcoin?

[Suler12]

 Bitcoin is being used a lot now. This also increases the number of cheaters. how to protect from fraud?
 

[1713570351]

1713570351

[leonair]

Just simply don't be too gullible in what you see on the Internet, they are not all true even if you think they are.

Luckily since I discovered Bitcoin I was never got hacked or scammed by these so called fraudsters because I always double check if they have valid proofs and operating legally. Most of the time scam scheme always tell '100% money back guaranteed' but still there are people who got scammed because they are wanting easy money without thinking the consequences of their decision at all.

[Nelly.G0211]

Bitcoin is being used a lot now. This also increases the number of cheaters. how to protect from fraud?
 

you need to make sure your connection is private, scan your pc before doing any transactions with bitcoin (including opening the wallet itself), make sure the address you are sending your coins to is correct and the fee of transaction (cause the speed of transactions depend on this fee, the higher the fee the faster the transaction). unfortunately, this fraud situation is the result of crypto's popularity. Cause lots of people want to earn some profit, but they don't know the details of how this crypto world works. so let's be attentive, safety of our money is in our hands only

[ManaMan]

Bitcoin is being used a lot now. This also increases the number of cheaters. how to protect from fraud?
 

Protecting from fraud websites should be relatively easy, check the website reputation here on the forum - if you can't find much information create the topic and ask. Don't trust low member rank accounts much while making your decision. Don't use much centralized exchanges and online wallets if you don't have to. Don't expose your private key if you don't have to.

you need to make sure your connection is private, scan your pc before doing any transactions with bitcoin (including opening the wallet itself), make sure the address you are sending your coins to is correct and the fee of transaction (cause the speed of transactions depend on this fee, the higher the fee the faster the transaction). unfortunately, this fraud situation is the result of crypto's popularity. Cause lots of people want to earn some profit, but they don't know the details of how this crypto world works. so let's be attentive, safety of our money is in our hands only

To avoid the hassle you can simply run an Linux out of USB or CD in the live mode as it will reduce the chances of your OS even being affected and then you can send bitcoins in a more secured environment.

[Shenzou]

Bitcoin is being used a lot now. This also increases the number of cheaters. how to protect from fraud?
 

The best that you can do is to use trusted sites and try to protect your wallet with all kind of decryption like 2FA and long password, the best way to protect yourself from scams and frauds is to be able to identify them, you just need to know where to look and what kind of sites to use, and before investing in anything you need to read other people's reviews.

[alenahype]

Yes, now with the protection of the blockade there are big rumors. It is very dangerous to have cases even when you bypass all phishing and other attacks can still crack ...

[forumsehat]

It is true that today many players cheat, and we need to pay attention is the security of market accounts to keep the theft away from theft.

[Tisubasha]

That should be remembered when using bitcoi. Beware of ads issued by Google, as many fraudsters deliberately purchase an advertising place through Google AdWords with reference links to sites owned by such fraudsters.
Usually the look of the site has a look like a popular Bitcoin site like BTC-e or Blockchain. Well if you find such an ad immediately report to Google so that the ad is deleted, In order for no victims of fraud.

[TepungBeras]

There are so many who cheat and we should avoid HYIP, ponzy and pyramid systems, because they do a lot of fraud by using bitcoin.

[Dingdong7]

Bitcoin is being used a lot now. This also increases the number of cheaters. how to protect from fraud?
 

Just transact with people you really know. Dont engage to people who shares an easy money proposal. Cheaters will always cheat, so be mindful who this people are. Remember that no one would desperately pursue you for nothing, Its either thay need something from you or they will just use you for their personal interest.

[RAinery]

bitcoin address and bitcoin account password is very important and should get special attention when we use bitcoin, make no mistake when entering the address and password. otherwise keep a good password so that we avoid the theft of the bitcoin we have.

[ballerin and giroud]

So easy. We simply ensure the reputation of the service we will follow by using bitcoin and do not provide very important information to them. Although there is no guarantee in cryptocurrency we still have to be careful.

[mustamin88]

What to watch for when using bitcoin.
If there is an offer to increase Bitcoin quickly, do not be easily attracted because it is very vulnerable to Bitcoin fraud. All you need to remember is that there is no business that is gained instantly.

[Whibu]

To protect from fraudsters we should not use our bitcoin for investment with pyramid systems and we better invest in good and reliable exchange places.

[Ms.sagittarian]

When using Bitcoin we should pay attention to the website we are clicking because there are many people who wants others to harm. They are fraud who wants to steal anything from others

[cryptomema]

Bitcoin is being used a lot now. This also increases the number of cheaters. how to protect from fraud?
 

Do use hardwallets,metamask extension,anti virus & anti malware softwares and you will be fine.You can protect yourself from being hacked when you have these tools,and most importantly do not give up your privatekeys to someone else.

[pitiflin]

Phishing sites. Scumbags. People. Stupidity. These might be a few to begin with. If you're asking this question,you clearly have no clue on what all shit happens here. Read this: https://hackernoon.com/24-cryptocurrency-red-flags-21362adba27a

[hadveach]

you should recognize the shape of bitcoin, for example is the mode of fraud by phishing, you better avoid this pishing scam by not opening suspicious links. or if the link asks for your wallet address, then you better move away from that link.

then there is also a scam with ponzi mode, so you can avoid from scam with ponzi mode, then you do not try to meet all its offer. although the offer is very interesting.

avoid unnecessary links, and better you choose sites that support with bitcoin development.

[boksoon]

Bitcoin is being used a lot now. This also increases the number of cheaters. how to protect from fraud?
 

Always check your account everyday make sure that nobody knows about your private key except your love ones think always positive do not trust to suspicious people analyzed first before you proceed to investment with any other DIGITAL CURRENCY and making transaction through BUY and SELL of Bitcoin. All those things are really help for each user to protect their wealth from fraud.

[fosco333]

Bitcoin is being used a lot now. This also increases the number of cheaters. how to protect from fraud?
 

rather than cheater, i think it is a scammer and hacker. you should pay attention to the address you paste.
when you are about to send bitcoins to other address, make sure when you paste, that is the address that you want.
not only bitcoin, but every altcoin owners should double triple check their address.

[Spain2000]

We have to use bitcoin for which it is designed and which is the main purpose for introducing bitcoin in the world now a days bitcoin is good to make online dealing and if we look at the bitcoin usage mainly it is used for online buying and selling of this currency and we have to pay attention to this side then bitcoin will valuable more i the world.

[pawanjain]

There are many things that you should pay attention on while using Bitcoin. The first and foremost is the transaction fee. I have seen many cases where people have sent a huge amount of fees by mistake for a small amount of btc. The second thing is that never disclose your private to anyone and never speak about how much you own publicly. Never make any transactions on public PC (Internet Cafe) . Also, never trust any websites which says earn free BTC or some BTC in a very short time. Try differentiate between obvious scams.

[hualangktsld841]

Along with the rise of bitcoin prices, there are more and more frauds on bitcoin. I think that in the use of bitcoin, the main thing is to have a sense of security, some very different prices or some suspicious links are usually pitfalls, to overcome the heart of greed will make your bitcoin more secure.

[St4yInTh3D4rk]

Bitcoin is being used a lot now. This also increases the number of cheaters. how to protect from fraud?
 

The bitcoin transactions are completely safe,you need to pay attention to the bitcoin address of the receiver before sending the payment because one the transaction was initiated then there is no way to get back your bitcoins if you send it to the wrong address then you are gone.And the other thing is that what wallet you are using,online wallets are not safe so you can download software wallet of buy an hardware wallets to secure your funds.

[bitcoinVPSD]

You should pay attention to some things when using your bitcoin as not logging too much personal information on the site, choosing reputable bitcoin sites and having good protection. Store your bitcoin with the best wallet, Use long passwords including letters and numbers to protect your wallet.

[LastRolling]

its simple the only thing you want to avoid is the scammers and don’t believe too much on the internet many thing now in the media are fakes and pay close attention to what you’re signing up to read first before you click anything or join any campaign

[Nivir]

Just avoid sharing your private keys and other important codes. Avoid logging in on public connections. Your computer should have a good virus protection too. I haven't tried losing bitcoins as a mode of payment though as long as you are responsible enough. 

[Bharathi13]

I found this thread which really helpful and aware us about how to be safe from bitcoin scams and fraud.
https://bitcointalk.org/index.php?topic=33835.0

Also you can read following article from bitcoinist to make yourself safe from common Bitcoin scams

http://bitcoinist.com/how-to-protect-yourself-from-common-bitcoin-scams/

[p4npos]

The best thing you can do is not be stupid enough to trust every guy with a website. Many people are tricked into believing that, that guy has a website, so he must be telling the truth. Anybody with a internet connection can possess a website.

[Nelly.G0211]

Bitcoin is being used a lot now. This also increases the number of cheaters. how to protect from fraud?
 

You should be very precise when it comes to transactions you make. Check the address several times. And make sure your pc is under virus protection, use only well-known and certified bitcoin-connected sites (exchanges)