How to avoid bitcoins and other crypto fraud

[Churchillvv]

The way the world is right now, people falling for scam in the crypto space is mostly self caused issues, a lot of people are just to greedy to them selves to the extent of wanting the whole world to be theirs in twinkle of an eye. Such people always end you get miss lead or bankrupt with such desires. If one can only be very careful or what they are dealing with them cyber crime will reduce because we aid in the process.

In a decentralised world, everyone is in charge of whatever happens around their assets, you much in the best of your vigilant behaviour to survive every attack that comes in the crypto world. Anyways all the list out ways to avoid the attacks are correct and a lot of people has contributed equally to make sure we all stay safe out there.

[knowngunman]

1. Don't send cryptocurrency to people who claim they will "double your money."
2. Double check that you are using an official website, not a malicious copy of a website.
3. Be highly suspicious of anyone who cold-contacts you by direct messaage, email, etc

We as newbie we really need to be very careful and take our time to learn
Not to rush things because the forum is very wide and full of scammers

E.g read more and pay very good attention to our high rank leaders

Learning no get limit and it's not applicable to newbies especially when it has to do with security. Everyone can fall victim to this scammers irrespective of your rank here in the forum but newbies to this industry are actually more vulnerable. Let us all be careful to protect ourselves from cyber and physical attacks.

I have little contribution to add to your points:

Not only cryptocurrency, if anyone asks you to send anything be it digital or physical currencies, properties and receive double in return, you don't have to think twice before cutting off that conversation and block the person straight. Remember, the more you keep the conversation, the high chance you become convinced and end up falling into their trap.

Limit your access to unknown websites once you start your journey in this space. Advisably, have a separate device for your daily usage and the other for your investments. This one will contain your wallets with very limited access to internet through shared links.

It doesn't matter whether someone approached you for investment or to teach you about crypto investment, trading or whatsoever, it's definitely an attempt to scam you. No serious person will message you first just because they want to teach you, you look out for them and not the other way round. In the course of looking for one, please be careful and if possible, look around your vicinity for physical tutor.

In conclusion, the first step to avoid being scam online and offline is to be contented and do away with greed. Greediness is the major factor that leads to being a victim of scam. If you are desperate to make money which you did not work for, you will definitely get scammed one day. Bitcoin is all about learning, buy, hold/trade and sell. Anything other than these, you should question where you are heading to.

[Uhwuchukwu53]

Op this key can help to remedy some scam mostly beginner, but the most victim of scam is newbie with quick to get rich syndrome, this also occurred in the Fiat system the so called 419 who claim to be money doublers all get their victims who are so build up by greed. In the crypto space if your build up by greed and comparison of how others make it in the system without know the level of work and how patient the people has been before the level becoming a cheap. Prey to the predator called scammers won't be hard for them.

Two things beginner must put out side
1. Greed
2. Comparison
The system is not quick to get rich for any who is looking for where your money or BTC would be double it's already seeking for scammers even when such is told to you, you need carry out some search to find out how genuine the thing may before partaking, aspects of comparison many ranked person have spend a good number of years in the forum and into crypto space to think you will be if there level overnight by way of short cut and doing some telegram scam work or airdrop your nit sure of it genuity exposes such beginner into scam.

[Sonia_123]

Avoid business transaction payment using cryptocurrency as a mode of payment .
Avoid online adverts.
Do not share your Seedphrase in order to join a business investment .
Avoid sending large amount of funds when it is the first transaction .
Send cryptocurrency to only those persons you know physically .
Read more in other to be able to identify fraudster when you come across them and their sites.
Use the recommended and trusted cryptocurrency exchanges and sites.

[Cryptomultiplier]

Avoiding fraud in the world of Bitcoin and other cryptocurrencies requires vigilance, education, and the use of best practices in managing your assets. Read the full article below for tips on avoiding becoming the next crypto scam victim, but for the tldr:

Wetin this industry dey about, no be decentralization? This one supposed tell you say na everybody on their own for here so na you dey incharge of your own security, protection from scammers and everything. Wetin important pass na to stay informed because information na power and some kind information dey go out of date and new ones dey come on board so if you no dey up to date, you go dey use old update dey hold body and when scammers or hackers come, you go come become easy target for them to attack but for your own mind you dey protected.

We as newbie we really need to be very careful and take our time to learn Not to rush things because the forum is very wide and full of scammers

If it's too good to be true then it should be avoided, consider everything as a scam until proven otherwise for this market because alot of scam full. The market no dey regulated so anybody if bring their own thing wey go make scammers dem plenty dey look for their next victim. Always verify anything wey you wan do to make sure say e legit, make you no go dey regret tomorrow. The best way to avoid scams so na to focus on buying the coin wey you wan buy and commot mine for any other things wey dey the market. No be must to follow people do wetin dey trend, just dey invest and hodl and e dun finish be dat.

Should we all now agree that cryptocurrency activities should be regulated in the country, so that every investor who has coins in a wallet for long or short term basis, would be safe from hackers and scammers?

I ask so because I understand say person need to really know watin dey current and the best practices to keep their wallet and privacy safe from hackers and from information theft. That's why joining this Bitcoin forum suppose be a requirement for novices wey just join the crypto currency market.
That's why also, every crypto currency investor must sabi do personal research, must sabi read and write and understand big grammar well well.

To avoid Bitcoin and cryptocurrencies fraud, the underlying word of advice na to go slow and steady in reading and proof reading before investing and accepting terms and conditions, in double checking and triple checking details before confirmation of transactions, and to be internet savvy enough, because the world is veering into virtual realities and advancing daily in the aspect of web3 internet and AI integrations, incase you don't believe programmable AI can hack ones account too.

[Josefjix]

Avoid business transaction payment using cryptocurrency as a mode of payment .
Avoid online adverts.
Do not share your Seedphrase in order to join a business investment .
Avoid sending large amount of funds when it is the first transaction .
Send cryptocurrency to only those persons you know physically .
Read more in other to be able to identify fraudster when you come across them and their sites.
Use the recommended and trusted cryptocurrency exchanges and sites.

Recommend reliable trusted crypto exchange for crypto related activities. Avoiding crypto fraud is very simple, it's basically based on the solid grounds we can found ourselves worthy of correcting our mistakes. I know it's very important to adapt to the space but it doesn't mean we should relent because there's more harm to avoid than good. Crypto fraud existence will hammered the greedy traders and investors that failed to actually acknowledge a project to be fraud, this is important in the space and we should never take chances when we have gotten them because the next project can be very timing under our watch.

[Zigabel]

Avoiding fraud in the world of Bitcoin and other cryptocurrencies requires vigilance, education, and the use of best practices in managing your assets. Read the full article below for tips on avoiding becoming the next crypto scam victim, but for the tldr:

1. Don't send cryptocurrency to people who claim they will "double your money."
2. Double check that you are using an official website, not a malicious copy of a website.
3. Be highly suspicious of anyone who cold-contacts you by direct messaage, email, etc

We as newbie we really need to be very careful and take our time to learn
Not to rush things because the forum is very wide and full of scammers

E.g read more and pay very good attention to our high rank leaders

One thing about dis crypto street Waka be say you no fit too wise finish but your advise Sha dey alright but I just dey try let you know say enh too many things beyond wetin u don talk now need to be done if you wan actually dey sure say you no fall for the crypto street movement because guys go still run you strrt even if say u na tae tae man for the crypto biz but if you don fall once use dat one as experience take guide make e no for happen again na so d Mata be because d truth be say no be everything you go know by reading or say you see or hear about am somewhere, some things you go know am by experience direct den you go fit understand am better.

E no get any body wey be say don become senior Man for the crypto business wey never get one experience or the other but with time them come Sabi pas as dem been dey when dem start, experience na must for d business sometimes e fit no be scam sef e fit b normal carelessness or say u no been really understand something den u run am e com cast, all those kind levels dem so just put your eyes for ground well and follow who know road na d best a d safest way b dat.

[Egii Nna]

You have some nice ideas, but the straight-forward and best solution is to just do your own research and don’t be greedy. You see, these two main factors are just what will save you from this crypto fraud because that is what scammers use to attract their clients, and they will like to see if you are literate or illiterate in the aspects of the crypto space. and also see if you are a greedy type or not, but if they find it hard to address these two factors, I don’t think they can be able to scam you.

But no matter the level of caution that is explained to people, they will still be victims because everyone who spends that money in the simplest way, which is easy, will arouse laziness and greed. because if you are lazy, you will not be able to have the strength to go and get more information about the project you are trying to invest in, and when a scammer brings something to you, he will like to persuade you with the best that he can do and make sure it proves to you that you will gain a lot of profit from, which will arouse your greediness level, and you will just give him trust, which will be a regret for you in the future.

[Miles2006]

If you observe carefully you go know say anything wey concern crypto na just about smartness, in summary creating a comfortable and safe environment go help definitely when you no suppose hear all this kind things like doubling an extra money for no reason, but, definitely them go come even with safety measures so seeing how everything works in crypto space everyone involve go need get knowledge first to overcome all this ones. The first thing wey I dey reason concerning free money offer na always false cause free money no dey anywhere and believing such when it has to do with crypto is surprising. Topics like this full the forum and you go see different steps to follow make you no go enter one chance.

[Judith87403]

Avoiding fraud in the world of Bitcoin and other cryptocurrencies requires vigilance, education, and the use of best practices in managing your assets. Read the full article below for tips on avoiding becoming the next crypto scam victim, but for the tldr:

1. Don't send cryptocurrency to people who claim they will "double your money."
2. Double check that you are using an official website, not a malicious copy of a website.
3. Be highly suspicious of anyone who cold-contacts you by direct messaage, email, etc

We as newbie we really need to be very careful and take our time to learn
Not to rush things because the forum is very wide and full of scammers

E.g read more and pay very good attention to our high rank leaders

Op, the three (3) points you listed are very nice but people getting scammed in crypto or maybe outside crypto is not because they are not educated or vigilant enough. Scam, sometimes it's like an accident and accident is something that people don't expect but sometimes we are concious that accident will or may happen because of the state we find ourselves, imagine someone who is drunk now entering inside his/her car to drive my brother waiting you dey expect go happen. Waiting I dey try talk be say, e get some fraud wey person go dey concious of and e get some wey we no dey, dey concious of, e get some kind thing wey you go just see like this wey go look so good not to be real and it's not like you trust it but you just want to give try and Las Las na fraud and sometimes dey use charms to fraud. thanks

[Ever-young]

1. Don't send cryptocurrency to people who claim they will "double your money."
 

We have to avoid the current unstable flows of the market. Sending cryptocurrency to either the wrong address or to some random fraudulent firm is weigh out of the picture. Doubling money is mainly scam and we should be always takes the hints to upgrade our styles. Cryptocurrency is risky and we should always pay attention to every trends in the market. Always be careful with the market because there's more to handle when it comes to trading.

You are absolutely right, because whatever one lose in trading can't be gotten back, its gone and gone forever, that is why it's advisable for everyone to trend with cautious because not all that glitters is gold, if we are not being careful, we might end up doing what we will regret later on in life, so before we take any action concerning what is new to use, let's seek for help or support to enable decide what is right or wrong and also before we decide to do any transaction with any unknown source or site, we should research about it before we can do any transaction. And we won't be a victim to fraudster  if we have the knowledge and the understanding of what we are doing.

[HajiBagi]

Avoiding fraud in the world of Bitcoin and other cryptocurrencies requires vigilance, education, and the use of best practices in managing your assets. Read the full article below for tips on avoiding becoming the next crypto scam victim, but for the tldr:

1. Don't send cryptocurrency to people who claim they will "double your money."
2. Double check that you are using an official website, not a malicious copy of a website.
3. Be highly suspicious of anyone who cold-contacts you by direct messaage, email, etc

We as newbie we really need to be very careful and take our time to learn
Not to rush things because the forum is very wide and full of scammers

E.g read more and pay very good attention to our high rank leaders

This is very important for everyone most especially the newbie who haven’t understood what the fraud can do, fraud or let me say the scammers are people who go about to scam or steal people fund or investment and those scam have some skills that can make someone to fall in their trap, the number one this is the easiest way that many scammers scam people, you know when it comes to doubling money that’s what people want, no one want to work and earn their own sweat money, and immediately they heard that if you put any amount you will get the double of what you put and that will make someone to be happy, not knowing that there is no free money to make this days.

And about number three, they are very smart and they are the dangerous people because they act as if they’re real, you can receive a message through email and some link and some can call you and act like a bank worker and start having conversations with you that make you send your pin or password to your wallet, never click or share your password with anyone even your close friends never show them or else you will regret showing your secret to the people who are closer to you.

[Uhwuchukwu53]

If you observe carefully you go know say anything wey concern crypto na just about smartness, in summary creating a comfortable and safe environment go help definitely when you no suppose hear all this kind things like doubling an extra money for no reason, but, definitely them go come even with safety measures so seeing how everything works in crypto space everyone involve go need get knowledge first to overcome all this ones. The first thing wey I dey reason concerning free money offer na always false cause free money no dey anywhere and believing such when it has to do with crypto is surprising. Topics like this full the forum and you go see different steps to follow make you no go enter one chance.

The course of many rushing into such false information and scammers damn is due to lack of knowledge and the mentality to which they are coached or them conceive from from somewhere mostly newbie's, have the mindset of crypto as quick to get rich platform and have the believe that others has made it in the system without seeking to knowledge on how patient they have exercise in the crypto space.

This advice is very crucial,  once you know that anything money don't come without work , and is not a place of doubling Money but investment with patients only this can make you smart when such scammers comes your way.

That  is why this saying always remain to be true in most case when a purpose of thing is not know abuse is inevitable, the abuse is falling into wrong hand because of ignorance and most of this challenge or scam di come from airdrop where many promise of doubling your income is assured.