Risks and myths: what is really to be afraid of in the crypto world.

[clifaduna]

Everyone has heard about scams and break-ins, but how not to overdo it with paranoia? Let's look at typical deception schemes in our region and ways to protect ourselves,without panic horror stories, but to the point.

I'm pretty careful about using the internet, but my friends often get into situations that have led them to lose and have their wallets hacked. I also lost some money last year, which made me very skeptical about every action. Is it possible for you, experienced users, to ask for some lessons and schemes that beginners may encounter?

[Finebone]

. Is it possible for you, experienced users, to ask for some lessons and schemes that beginners may encounter?

Yes, why not?
Their is a popular saying that goes like, if you think that education is too expensive, try ignorance.

As an experience user, it's not a crime or an offense to ask questions anywhere you feel lost, because you can't know everything in this crypto space overnight, it's a gradual process, and due to how scammers are getting sophisticated daily on new scamming tricks, that is how you as an experience user needs to upgrade in knowledge and more exposure on how to navigate your way in the space without being scammed, so asking questions where you feel lost as an experience user is not a crime mate.

[Bishop Victor]

Everyone has heard about scams and break-ins, but how not to overdo it with paranoia? Let's look at typical deception schemes in our region and ways to protect ourselves,without panic horror stories, but to the point.

I'm pretty careful about using the internet, but my friends often get into situations that have led them to lose and have their wallets hacked. I also lost some money last year, which made me very skeptical about every action. Is it possible for you, experienced users, to ask for some lessons and schemes that beginners may encounter?

Scams and hacks are real, especially in our region, but constant fear can also make people freeze or make bad decisions. The goal is understanding common schemes and building good habits, not panicking over every click.

[Creeper0]

A fraudster or hacker is always adopting new methods to trick a person into falling into the trap of fraud. We always have to take every step with awareness, such as not entering any unknown link, if you ever make a transaction and at this time if you feel something suspicious, do not make a transaction at that time and do a little research on the matter about which you are suspicious. Awareness is the key to protecting yourself from such fraudsters.

We can never be a complete knowledge acquirer. Especially a hacker often adopts new methods. So what we have to do is to take every step with awareness and keep all the options for the security of the wallet enabled.

[FirmWars]

Being scammed and losing your hard earned money is the greatest fear of investors in the crypto world. The increasing number of scams should really make someone be skeptical about using any strange platform or partaking in an investment that involves putting their money, nothing they more important than protecting your money, if you invest into bad memecoins, your money fit just liquidate and that nah another fear people they get now for the crypto world. E no come be like before, that kind 2017 them way everywhere been good, things done spoil now.

[Joy_learns_crypto]

Is it possible for you, experienced users, to ask for some lessons and schemes that beginners may encounter?

Experience users have not experienced all schemes and lessons in the cryptocurrency world.
Experience users learns from experienced users, not so experience and even can ask questions from beginners.
But an experienced user knows more than a beginner because the user has experience more in cryptocurrency than the beginner.
What you should be afraid of in the cryptocurrency world are greed, fear of missing out and security mistakes.

[OsaiEmma]

While venturing into the crypto space newly, I started with the web3 space, where we did a lot of mining, things like backed beans, furio, e.t.c and one of the scams I got caught up in is signing contract that exposed your wallet to fraudsters.
What the do is they send you a link or post the link advertising some ponzi scheme where you invest and you will earn returns periodically, the moment you click on it, they'll ask you to sign a contract, the moment you do, they'll have full access to your wallet from there, they'll drain your wallet ASAP, like it's crazy.

In all, you should be careful with the links you click, the contracts you sign, if you're not too sure, use an empty wallet to interact in those dapps, In terms of CEXS, well those are heavily guarded, but still you should be careful with the type of links you click, mind how you conduct P2P, make proper confirmation before sending money or coin, be careful with clipboard hijacking, double check the address before you send any coin.

I know our good brothers here still have some good advice for you

[Asiska02]

I'm pretty careful about using the internet, but my friends often get into situations that have led them to lose and have their wallets hacked. I also lost some money last year, which made me very skeptical about every action. Is it possible for you, experienced users, to ask for some lessons and schemes that beginners may encounter?

Bitcoin was built as a decentralized financial system. It encompasses security and privacy, when this two are missing in your crypto journey, just know that you’re at the risk of losing everything and going back to square one. Advisory for beginners is that they should nurture their investment more through prioritizing privacy and security of their wallet. It doesn’t cost you much and the saying that befits the not your keys not your coins works here very much. When you see anything you’re not sure of as a beginner, ask questions before taking any action. Red flags are many to notice but as a newbie, anything you’re not sure of and look suspicious, don’t take action but wait to confirm. The crypto market is a place to learn, so sell knowledge more while making the best of your investment in it.