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Topic: 5 essential rules to avoid cryptocurrency scams - page 3. (Read 386 times)

jr. member
Activity: 252
Merit: 1
This information is very useful for me thanks for sharing it here.
I have a little extra, do not easily tempted by the lure of big profits and do not easily make transactions if you do not know details about the person or company.
And never give your key or password to anyone.
member
Activity: 798
Merit: 17
2023 would most likely be as bearish as 2022
yes everywhere scammers. specially i have seen in the ICO groups. i have had experiences too. lot scammers get money from poor people who does not know anything.


Strong password i can highly recommended ,  Do not share your private key under any circumstances.
member
Activity: 448
Merit: 17


5 essential rules to avoid cryptocurrency scams
The list of basic steps you should take to protect your earned money from frauds and hacker attacks.

>>>Have a very strong password
Obvious, isn’t it? Still, it’s funny how many people are lazy to follow this rule.  Did you know that for as less as $30 dollars, there are password crackers that can iterate 300 MILLION passwords per second ? Be wise and choose a combination of random Capital and small letters, symbols, and numbers. Create different passwords for all the sites and write them all down on a paper, which you keep stored safely.
 
>>>Always check before making any transaction
Millions of funds have been lost because entered addresses happened to be incorrect. Never try type out individual addresses – better simply copy-paste the address or scan QR codes whenever available.

>>>Use the cold storage

Web-wallets and exchanges should be used for active trading only. Coins you whant to keep for a long-term should be hold onto  offline hardware wallets.
 
>>>Double check all the crypto-relates web-sites you visit
Is it a malicious site your antivirus detected? A spoof Binance site with some letters misspelt? A site that just looks wrong? The best way is to access crypto services from the bookmark toolbar.
You can also use a an extension like MetaMask, which will automatically detect a fake MyEtherWallet.

>>>Don’t trust. Verify
There are a few online services that were specifically created to index fraudulent websites and services. Badbitcoin. org, for example, provides a comprehensive list of scams that were either confirmed or reported by users. The  bot @thatsascam on Twitter detects spam accounts and notifies you of the same. Always check new projects with one of this services.

 

thanks a lot, guys
Nowadays many Scammers are in the world of crypto
hopefully tips from you can be useful to others,
and for those who have been cheated by project developers through ICO, use the experience to be more careful
newbie
Activity: 71
Merit: 0
Hi
Thank you for this post, this is used for who is new in crypto market and who worry about cryptocurrency scams
jr. member
Activity: 154
Merit: 6


5 essential rules to avoid cryptocurrency scams
The list of basic steps you should take to protect your earned money from frauds and hacker attacks.

>>>Have a very strong password
Obvious, isn’t it? Still, it’s funny how many people are lazy to follow this rule.  Did you know that for as less as $30 dollars, there are password crackers that can iterate 300 MILLION passwords per second ? Be wise and choose a combination of random Capital and small letters, symbols, and numbers. Create different passwords for all the sites and write them all down on a paper, which you keep stored safely.
 
>>>Always check before making any transaction
Millions of funds have been lost because entered addresses happened to be incorrect. Never try type out individual addresses – better simply copy-paste the address or scan QR codes whenever available.

>>>Use the cold storage

Web-wallets and exchanges should be used for active trading only. Coins you whant to keep for a long-term should be hold onto  offline hardware wallets.
 
>>>Double check all the crypto-relates web-sites you visit
Is it a malicious site your antivirus detected? A spoof Binance site with some letters misspelt? A site that just looks wrong? The best way is to access crypto services from the bookmark toolbar.
You can also use a an extension like MetaMask, which will automatically detect a fake MyEtherWallet.

>>>Don’t trust. Verify
There are a few online services that were specifically created to index fraudulent websites and services. Badbitcoin. org, for example, provides a comprehensive list of scams that were either confirmed or reported by users. The  bot @thatsascam on Twitter detects spam accounts and notifies you of the same. Always check new projects with one of this services.

 
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