5 Ways to Avoid Bitcoin Scams

[@rt27]

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.

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.

[jemarleon]

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.

[zolfa]

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.

[soltantgris]

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.

[Nisharawal]

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.

[Sandra999]

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

[hungsanh2512]

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.

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.

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 .

[dreammoney710]

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.

[Slow death]

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

[lazygin006]

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.

[Question123]

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.

[Horraygram]

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.

[Dread Pirate Roberts]

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.

[mornabo]

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.

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.

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

[salinaangel]

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.

[katri]

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.

[aoihs00]

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. 

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!

[harimauagam]

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 .

[Dark_raven007]

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

[jrd2828]

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.

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''.