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Author Topic: You can avoid most scams by simply keeping your private key/seed to yourself  (Read 160 times)
lovesmayfamilis
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July 02, 2022, 07:07:01 AM
 #21

An important part of your security is also blocking all pop-up messages in all your browsers. And as a consequence of this, the appearance of such windows should be a red flag.

Beginners are naive in that they know only one side of cryptocurrencies; that it is very easy to get rich here, and they are in no hurry to learn about the safe storage and use of wallets. Therefore, it is very easy to deceive them by promising a sudden profit in any of the pop-up windows.

But the golden rule for everyone is that before you create wallets and rush to invest anything in them, you need to fully master all the intricacies of safe handling of wallets.

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July 02, 2022, 08:50:28 AM
 #22

You gonna be thinking about why the site asks for your key or password which in the first place you don't have to open your wallet. From that point, you can also think of a scam attempt or hacking purposes.

This is very common in social media accounts, sometimes we click links that ask for login credentials. If we are too innocent about these tricks, we simply give these hackers access to control our accounts, the same thing happens to our crypto wallets.

* Don't click and ignore the links.

R


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July 02, 2022, 09:49:48 AM
 #23

And we are not just talking about scams when we repeat the motto "not your keys, not your coins". It is about privacy too, now.

In Spain, for example, a new law is going to force custodial services, exchanges etc. to send all their customers' data to the IRS, and new regulations from the EU seem to follow the same way.

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