I am new to Bitcointalk and I have been around my local board since from my sign up yesterday, I wanted to asked this question over there but need a general knowledge from the community at large not only from my locals. Just as what I have used on my title I want to know the possible ways to avoid scammer and phishing sites because I have came to understand that for one to excel in this forum and in bitcoin investment / holding at large, one needs to be very mindful with the ways we click on sites, where we store our funds and the techniques scammers often use to scam beginners like us.
The local board is also a good place to start your journey here since it will be easier for you to comprehend things in your native language better than English language used in the general board but it is also wise to visit the general board once in a while even when you are new until when you have understood a whole lot and can visit the general board more often because the knowledge shared here covers more scope than that of the local board.
Avoiding scammers and knowing how to safe guard your assets is the most important thing to learn as you start your crypto journey. While you seek to know how to avoid scammers, you need to know that avoiding scammers involves two steps
1. Knowing the best precautionary measure to take and understanding how to apply these measures: The crypto world is full of scammers and everyday they come with new strategies to deceive people so they can steal from them that’s why knowing some precautionary measure is essential. Reading through your post i noticed some members have already shared with you some ways to avoid scammers and some red flags to take note of in order to identify scam attempts.
- Wallet selection is also one the most important things to consider to avoid scammers, there are lots of programmers who develop new wallets with the intention of scamming people. In selecting best suitable wallets you need to consider how reputable the wallet is and how long it has been in existence, don’t just see a wallet online and start using make sure you carryout proper research on them before using and make sure to use a non-custodial open source wallet.
- Avoid clinking links from an unknown source.
- your personal details are meant to be personal so avoid people who ask for them.
- Peowill come to you with Investment opportunities that they will claim will make you massive profits in a short time, never believe them they are all scam attempts. The list keeps going but to understand the crypto world properly you need to Research more on your own.
2. Applying these precautionary measures in real life encounters in your crypto journey: Knowing these precautionary measures is one step but applying them in your encounters is another thing because a lot of us here have this knowledge but don’t practice all this. Having the knowledge without utilizing it is a waste of knowledge and a lot of people still store their coins in crypto exchanges (custodial) wallets despite all the effort to discourage it. We tend to overlook all these things but they are so important because we have heard of how lots of exchanges get hacked or run with their customers assets so no matter how reputable an exchange is it is not free from hack threats. The safety of our assets is in our hands so we should try our best to practice all the precautions so we don’t have regrets in future.
I think security should be my number one priority as a fresher or newbies, although with time I will gets acquainted with the relevant information across the forum
Yeah you are right and i like your spirit because as a newbie seeking knowledge should be your first priority so you don’t make mistakes and have regrets in future. Most newbies make this mistake not seeking appropriate knowledge.