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Author Topic: Crypto Scams & Our Roles.  (Read 370 times)
notblox1
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October 18, 2020, 06:46:27 PM
 #21


https://www.reddit.com/r/CryptoCurrency/comments/jbvqe7/a_guide_on_how_to_avoid_crypto_scams_bot_stop/

Well written Coolcryptovator!
I found this helpful infographics on reddit showing most common type of crypto scams, red flags and path how to avoid getting scammed.
Even if we know all this we can be blinded by greed and fall from any of this scams, so beginners should read this.

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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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October 18, 2020, 07:25:58 PM
 #22

Noted I think with this guide we are save in the hands of scammer.
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October 20, 2020, 01:35:24 PM
 #23

I consider these information very important. A lot of times many innocent Cryptocurrency user fall victim of scam  and realize only when they have been con of their bitcoin or have their wallet hacked. We shouldn’t be ignorant of the difference scam activities going on in the world of Cryptocurrency. It’s important we are sure of who we are dealing with especially in times of transactions so we don’t end up in the wrong hands.

Bitcoin being decentralized and anonymous should make users to be smart enough and keep all their security details highly secured, don’t out of greed or the dream of becoming super rich over night click sites that don’t have genuine source and sites showing free btc. At all time you should be sure of the address you’re sending your funds. Don’t hurry, take your time and think over it  before pressing the send key or better still seek for advice.

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October 20, 2020, 01:58:00 PM
 #24

Our Bitcoin is our responsibility to secure it. It's like what we usually do in the real world to keep our money safe. There are step to secure bitcoin in the wallet that have been shared with the community by forum contributor and they are very useful.
I think bitcoin has offered a good level of security as long as user are using it properly. Therefore securing bitcoin is our own responsibility and I often hear cases of fraud and hacking are the user's own fault which is influenced by several thing such as not having enough knowledge, too wanting to get more, doing without consideration.

I remember this quote for securing a bitcoin wallet, isn't this an important warning for everyone ?
Always remember that it is your responsibility to adopt good practices in order to protect your money.

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