MORE TYPES OF BITCOIN SCAMS

[n0ne]

Most users have described about beginners easily getting caught into the traps of scammers. More than that we've got experienced people who have known much about the cryptocurrency and its growth possibilities getting caught into traps. Scam existed as a result of people in need for more money and the same is used as a source by people who without humanity does it and we go behind without making any research.

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[Bes19]

There are a lot of scams on bitcoin. People are using BITCOIN for their scheme but if someone is offering a "too good to be true" investment then think twice coz that might be a scam! In regard with number 3., there are lots who do these on telegram. Pretending thay they are from an exchange and asking for $$$ to get listed on their exchange with a 25% discount lol Never fall on that!

[Japinat]

That scam attempt format is very obvious, only those who are fools will fall for that.

Crypto world is also full of scams although it's also full of opportunity, hence risk on investing here is considered a high risk.
Thanks for the tip, but every potential investors should dig more as the crypto is getting bigger, they are also seeing great opportunity
to scam people, hence they will revise and improve their strategy to continue taking advantage of the ignorant investors.

[richard007]

Hi, Firstly Speaking on Bitcoin Scam's as the majority of the programs that are being Introduced are In fact Scam which we think of and so we usually get into much Tense and Panic situation where we might actually think Dumb because as all of these Scams are visually so powerful that their Content Grabs our attention. and Drags us into getting Scammed and Invested which is going in Vain. So, we must make sure that the most possibility of not getting scammed is to research deep enough that we get to know there is certain or a lot amount is Invested in it and we must take time to check the Potential of the given Project which is Invested enough to not just get into some Scam or turn out to be a big Disappointment.

[Noilee]

These scammer's strategies mostly target beginners for they aren't aware of the possibilities that might happen and they could believe in these strategies easily.
It's a good thing that you're sharing these things for awareness. We should really be aware all the time to get rid of these scammers.

I think the scammers are target all of people, not only for the beginners if they have a chance .Before you believe just think of it well and be careful if who they are. If you are wise a dont believe it, then you will not fall victim to a scam.

[stompix]

OP, your title is a bit misleading. I rushed in here thinking I was going to read about the different types of scam only to get "Guides to avoiding different bitcoin scams"
Maybe you should consider changing the title to a more fitting one

Yeah, it's a little clickbait, the content is more like "Don't do this unless you want to lose your coins.
And the advice is pretty generic, all of them can be replicated for some fiat payments methods also.

this is the obvious scam but the less obvious one that is common nowadays is the cases where they tell you they can help you "make profit" is an investment in some shitcoin they want to pump, in other words they don't take your bitcoins directly to their wallet, they instead take it from you indirectly by encouraging you to buy their sell orders of the shitcoin they want to dump!
they disguise it in form of "investment groups", or "signal channels", and things like that.

The sad part is that once somebody builds a website, posts some fake profiles and pays a few hundred of dollars in advertising people start taking the bait. The howeycoin thread shows how gullible people are.

Greed is the biggest enemy and with all the exposed scams, people losing money, all the information available, they keep handing money to unknown persons hoping they will become rich overnight.

[Fredomago]

There are a lot of scams on bitcoin. People are using BITCOIN for their scheme but if someone is offering a "too good to be true" investment then think twice coz that might be a scam! In regard with number 3., there are lots who do these on telegram. Pretending thay they are from an exchange and asking for $$$ to get listed on their exchange with a 25% discount lol Never fall on that!

Always do your research and never to fall in such discounted offers, with how the industry move forward everyone should always never forget the importance of studying and analyzing every investment that they've going to place their money, we have to make good precautions to avoid being
scammed and to protect our money.

[Mpamaegbu]

Tips for Respective Bitcoin HOLDERS :

Types of Bitcoin SCAMS :

The whole tips OP listed can only manifest if the victim is given to greed. Without greed on the part of the victim, fraudsters are as stupid as they come. How can you make someone rich when you aren't even rich yourself? Those who participate in HYIP don't even bother to find out from where the promises they are made of repaid interest will come from. They don't bother to find out these things before indulging the business.

Greed is everything - steer clear of it and your Bitcoin is safe.

[maldini]

OP, your title is a bit misleading. I rushed in here thinking I was going to read about the different types of scam only to get "Guides to avoiding different bitcoin scams"
Maybe you should consider changing the title to a more fitting one

There are so man bitcoin/cryptocurrency scams that one can't even exhaust all of them. The most recent ones are.
- Fake wallets and exchanges that can steal your coins
- Advanced malware in form of apps and browser extensions that can steal your login detail or private keys.
-  FAKE bitcoin forks meant to steal one's coins etc

Just add:
- Be careful when entering the private key, because many phishing sites are similar.
- Don't download content from untrusted sites.
- Be careful when using new exchanges.
- Be careful with hype sites that lure money fast.

Remember, protecting is always your best asset.

[Leonardo7]

Scammers are majorly after newbies to cryptocurrency. Funny many are been scammed daily. I have been safeguarding some persons in my country I come across, I help them to buy and sell bitcoin by referring them to reliable escrow and exchanges, sometimes they put me off the picture of their deals, although very few on of them, and some do get burnt, having a good mentor in this space is very important.

[okala]

Tips for Respective Bitcoin HOLDERS :

Types of Bitcoin SCAMS :

1) Never trust anyone who says Invest your bitcoins here/there and we will show how they grow down the line ! Never trust anyone and transfer your bitcoins into any wallet,once they are gone they are gone forever ! So please !

2) Any one threatening saying they know your secrets and request you for Bitcoins,dont even care just hit the delete button !

3) Anybody calls you and says they are from your exchange and request for access/password,just hangup the call !

4) Whatever stories you hear or told,never let your bitcoins leave your WALLET AT ANY COST !

5) Dont buy bitcoins from anyone who says they are selling for cheap ! Buy only from Trusted Exchanges !

Just dont care and move on for any of the above !!

I believe there are other suffisticated ways of bitcoin scam lately such as the use of phishing site to steal log in details and also the hacking into your email. I don't trust any bitcoin investment formula that promise double return on investment because the market is always unpredictable.

[Slow death]

people should be careful here:

-  Announcements (Altcoins)

- Tokens (Altcoins)

People should conduct research: investigate team members, investigate location of company headquarters, investigate the code, investigate the smart contracts, investigate the partner, investigate what the project offers in real life or the online world, and investigate the white paper

and never invest money here:

- Investor-based games

[Crypto_Happy_Sad]

Thankyou guys for sharing more info and the experiences,its very much needed for NOOBS !

[Kevs Young]

Tips for Respective Bitcoin HOLDERS :

Types of Bitcoin SCAMS :

1) Never trust anyone who says Invest your bitcoins here/there and we will show how they grow down the line ! Never trust anyone and transfer your bitcoins into any wallet,once they are gone they are gone forever ! So please !

2) Any one threatening saying they know your secrets and request you for Bitcoins,dont even care just hit the delete button !

3) Anybody calls you and says they are from your exchange and request for access/password,just hangup the call !

4) Whatever stories you hear or told,never let your bitcoins leave your WALLET AT ANY COST !

5) Dont buy bitcoins from anyone who says they are selling for cheap ! Buy only from Trusted Exchanges !

Just dont care and move on for any of the above !!

The most common scenarios of those people doing scams are being pointed into numbers 1,3,4, and 5 because I think the number 2 is more likely a black mail since it already involves threat which is really alarming and I think is already in need to seek for assistance from the authorities. Well, all you have pointed out are all true because I have already experienced being scammed and I do really regret the decision I have made but I do promise not to make the same mistake again and to ensue the safety of my Bitcoin and also my other cryptos that they are always in tacked as well as my passwords for my accounts. It is really in need to trust no one because you are the only one who knows how to take care of your ow things. Better seek for second opinion from your closest friends before doing such actions.

[niisarearning]

Tips for Respective Bitcoin HOLDERS :

Types of Bitcoin SCAMS :

1) Never trust anyone who says Invest your bitcoins here/there and we will show how they grow down the line ! Never trust anyone and transfer your bitcoins into any wallet,once they are gone they are gone forever ! So please !

2) Any one threatening saying they know your secrets and request you for Bitcoins,dont even care just hit the delete button !

3) Anybody calls you and says they are from your exchange and request for access/password,just hangup the call !

4) Whatever stories you hear or told,never let your bitcoins leave your WALLET AT ANY COST !

5) Dont buy bitcoins from anyone who says they are selling for cheap ! Buy only from Trusted Exchanges !

Just dont care and move on for any of the above !!

You forgot to mention one more important thing that is proof of key never leave your bitcoin in any exchanges including local exchanges it may hack or scammed in the name of hack anytime as it happened with cryptopia I lost good amount of money in that exchange.

[kamudd]

In essence, we must trust ourselves more and always be careful when entering your key key and not easily trust other people, especially those who you do not know for real or I just know on the internet.

[maxreish]

Tips for Respective Bitcoin HOLDERS :

Types of Bitcoin SCAMS :

1) Never trust anyone who says Invest your bitcoins here/there and we will show how they grow down the line ! Never trust anyone and transfer your bitcoins into any wallet,once they are gone they are gone forever ! So please !

I knew someone who never listened to me. He is fond of joining his acquintances who offered him doubled the money and promised big profits. If he just listened to me before, he will not cry like a baby now because they've tricked him.

2) Any one threatening saying they know your secrets and request you for Bitcoins,dont even care just hit the delete button !

I never receieved any kind of emails or messages like this. Considering they are harassing us and blackmailing us, we can not be threaten by those kind of messages.

3) Anybody calls you and says they are from your exchange and request for access/password,just hangup the call !

We should be careful to whom person we are talking to. There are some instances that a  person will act and pretend they are a team from a particular exchange just to get personal informations from us. The best thing to do is to ignore if it is suspicious.

4) Whatever stories you hear or told,never let your bitcoins leave your WALLET AT ANY COST !

5) Dont buy bitcoins from anyone who says they are selling for cheap ! Buy only from Trusted Exchanges !

Just dont care and move on for any of the above !!

I don't store my bitcoins for too long in my wallets. Anyway, thank for the advices mate. It will be very helpful to remember these kind of tips to everyone here.

[gabbie2010]

Scammers are majorly after newbies to cryptocurrency. Funny many are been scammed daily. I have been safeguarding some persons in my country I come across, I help them to buy and sell bitcoin by referring them to reliable escrow and exchanges, sometimes they put me off the picture of their deals, although very few on of them, and some do get burnt, having a good mentor in this space is very important.

I remembered when I was a newbie I was almost scammed l was lured to send some bitcoin and promised a rate of Return Of 200% in three days time   similar to hyip.
Honestly trusted exchange or resellers is the way out in cryptos because of fraudulent practices across the cryptosphere and moreso the use of ESCROW services is another option in transaction of bitcoin in addition to the OP ways of preventing scam.

[boyptc]

1. In short, don't trust someone with your fund. You have the authority to do whatever you want with your bitcoin and avoid investing into investment scams that are promising high returns.

2. Yes, that's the best option, ignore them.

3. Contact the exchange authority and verify if they are conducting that.

4. Same as number 2.

5. Use reputable exchanges or buy from someone known.

[edisystem]

I add some, never trust about giveaway, airdrop, bounty or anything about freebies from email. Most of them are scam and the email will give you a link.

Just don't click it and delete the email directly.