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Author Topic: Cryptocurrency scam tricks newbies might fall for.  (Read 237 times)
nakamura12
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August 14, 2021, 09:16:30 PM
 #21

OP you listed some of the common scams that everyone came across in the market but I feel that you missed about the scam exchanges which we found on the random google search or through any kind of advertisements.

Scam exchanges lure people with attractive low fee and intial deposit bonus,etc but never ever deposit your money on an exchange which is not familiar for you.
It's not just exchange sites are like that. There are other sites that scam people by doing a giveaway like you earn $50 and all you need to do is to deposit bla bla bla btc amount to withdraw your balance amd some sites are pishing sites where all the details you submitted on their site is they will know about it and steall all your funds in your wallet.

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August 14, 2021, 10:12:41 PM
 #22

Be wary of ads that lead you to phishing websites. There are some advertisements that clone exchange websites. Be sure to bookmark the correct link, and don’t browse similar-looking websites.
Chrome extension applications such as Mwtamask can also avoid phishing websites.

There have been a lot of victims phishing sites of wallet extensions recently. If you are familiar with Ronin wallet(the one which Axie Infinity created for their game), players who are new on crypto and Blockchain are getting hacked because they used wallets like this one. They did put all of their seed phrase and used the same account for their axie investment. People should be aware if the extension is fake or not.

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August 15, 2021, 06:20:14 AM
 #23

Today one of the most common scams are the phishing we know that the newbie wants to seek some information first and some of them tried to make an investment already and just use of the search engine you can find out but some of them visited and used the phishing website which is the reason why their funds lose and getting hack ( this common today on Axie infinity and Bitcoin wallets ).

This is the reason why always check the URL or the domain. If you can block the ads or recommend not legit website better to recommend to do it.

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traderethereum
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August 15, 2021, 11:22:21 AM
 #24

The important thing is we must always be careful when we are online because even we can protect our data, we still can not give 100% protection because we can forget to do one or two things that can make us get scam.
As long as we can be careful, especially when visiting a new website that we do not know or are not sure if the site is secure, it is better not to enter any personal data of us and leave the site as soon as possible.
The scammers will try to use many ways to trick people and they will get the new target when that person can not be aware of themselves.
If you see someone telling you that they can give you a big profit, that will not be possible because no one can do that except ourselves so always be careful.

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sapnu
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August 15, 2021, 11:58:29 PM
 #25

The way things are going, there are a lot of cryptocurrency scams going on right now, and if you're not careful, you might end up being a victim of one. As cryptocurrency grows in popularity, more people are trying to scam it, and most of them are going after newbies who they believe don't know much about cryptocurrency or are new so they can easily scam them.
As a newcomer to Bitcointalk, I feel this post will help everyone from falling victim to a bitcoin scam, such as the ones listed below.
1. If the website you're visiting isn't secure, I believe you should avoid it because your personal information may not be safe there, potentially resulting in the loss of assets or funds.
2. You receive a Gmail informing you that you have been awarded a coin and that you should claim the reward; however, you should never do so if the Gmail comes from an unknown source. Avoid using Gmail if it is not from a official website.
3. If you are asked or invited to participate in an initial coin offering (ICO) with an unknown investor, you should be wary.
4. Avoid applications that ask for your private key or password if the app isn't from a reputable source or the link to the app is not from their main website.
5. You should always avoid unnecessary giveaways and make sure you do your own research before applying for any airdrop to ensure the airdrop is legitimate and not a scam. You should also avoid people who ask you to send a coin and they will double it for you in return.
I feel these are just a few warnings, and I believe there are many more that others should write about, and you can write about your own experiences to prevent people from falling for scams.
This basice precautions should not be disregarded nor ignored specially for newbies. There are a lot of newbies who falls into scams just because they are too lazy to learn about scammers. Little do they know that it will be their weapon against them and it will save them a lot of money that is endangered to be stolen by a fraud. Money isn't the only thing they should worry about because scammers are also after their personal information which may cause much worse problems for a victim. Listen to what crypto-enthusiast tells you about scams, you'll surely thank them for it someday.
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August 16, 2021, 07:09:30 AM
 #26

I've noticed a lot of people falling for scams by searching things crypto related on places like Google and clicking ads that could scam them.

I've seen a lot of cases where someone tells a person they won a giveaway but require them to send a deposit to a site to withdraw it - which might seem like an obvious scam but a lot of people are not accustomed to how to register a site etc and think it's only legitimate organisations.

People are getting fooled by those schemes where they are offered to get free money or free coins when they download a certain app.

Also there are schemes where people input there information and those criminals will take advantage of the victim's information and get them hacked.

As an investor, or as a responsible internet user, those things that is offering an easy money is really not a guaranteed money so always be mindful and aware about that.

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November 24, 2021, 03:45:35 PM
 #27

I can give you an example of 3 of the most common scams that you can fall for:

1-Imposter websites - sometimes the links that you open might be redirected to fake URLs so be sure that you type the exact URL in your browser and doulecheck it before proceeding.
2-Fake Mobile apps - Ensure that the app youre wishing to use is authentic and reconsider downloading if needed.
3- Bad tweets and other social media updates - If someone on facebook or twitter asks for even a small amount of your cryptocurrency , its most likely you will never be able to get it back if you fell for a trap.

Hope it was useful. Bye
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November 24, 2021, 09:09:40 PM
 #28

Many beginners can't tell the difference between official and fake websites because they don't look at very similar website links, the metamask extension application doesn't update realtime to block phishing access, so you have to rely on your own abilities for personal security.
Google failed to filter out phishing site from showing up when someone did a certain search. Nothing is really safe for anyone on the internet when they fail to verify the legitimate security of the site they want to visit, this is possible with many apps on playstore as well as google extensions. Take precaution by bookmark site you use frequently, including bitcointalk.org because only then can you prevent visiting other phishing site.

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November 24, 2021, 09:44:03 PM
 #29

Good would show everything that is available, whether scam or not. So it's very important to verify the project you are planning to invest in, one way in verifying it is to visit this forum and ask suggestions from active members here, for sure they'll give enough information that is unbiased.

Newbies tend to be so aggressive, as long as they have the money to invest, they'll try it, especially if the offer is very tempting. That's why crypto is called sometimes a place for scammers is because of the newbies that did not educate themselves well enough before they decided to invest.
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