Some Tips For Crypto Lovers To Avoid Scam

isaac_clarke22

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Quote from: Hunnykaushal31 on June 17, 2019, 01:55:22 AM

1. Keep your tokens/coins in private wallet if you are not trading it.

2. There are many scammers now a days, be aware of them

3. On telegram there are many people trying to scam by impersonating admin of projects, be aware.

4. If any airdrop/bounty/giveaway is asking for money or private key to redeem your coin/token, exit immediately.

5. Do not keep your private key in your email or computer, write it on paper and keep it on safe place.

6. Keep yourself away from cheap pump/dump groups, admins of those groups are dumping on people by giving buy signals to people.

7. Always do your own research before you invest in any project. Do not invest in ponzi scheme who promise to give big ROI.

8. If you are new to crypto world then try to invest in top coins only to avoid scam projects.

9. If you do not have money but want to have crypto then you can join bounty/Airdrop. To get good bounties/airdrops easily you can join this group on telegram @cryptoearnfree

10. Never click any website link from your email.

11. Always double check website link when you login to exchange or private wallet and always try to fill it manually, do not google it.

12. To get official website links of exchanges or crypto projects you can get it from coinmarketcap.

For newbies, #1 specifically says that you should put it in either hardware wallet or desktop wallet. Just don't use online wallet, as it makes no difference as leaving your money inside an exchange where it is vulnerable to be robbed by hackers or any attackers that would attempt to make damages to the site as well as user's sanity.

If anyone is using MEW most of the time, don't forget to bookmark the original site. I already had an experience before in almost getting scammed and robbed by attempting to make me put my private key into their site so that I can claim their shit coin which is gonna stay shit for all these years to come.

cryp24x

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Quote from: gabbie2010 on January 15, 2020, 12:42:02 PM

Most newbies are always guilty of revealing their private key instead of their ethereum address to scammers in the name freebies especially airdrops I agreed with the advice by the OP research on all the projects before investing although some might turns scam however with diligent scrutiny and crosschecking with ICO or IEO rating sites etc an investor should have an edge of falling into scams.

These advices are really good for the newbies and reminder also for us as members. I guess most of the mentioned tips were too general and common but still useful. We will be really needing this reminder when we forgot all these things. In addition to this, the user should also.practice multiple layers of security. Private keys should be kept in a really secured place, most preferably an offline wallet or a laptop that doesn't or have never been connected to the internet to avoid phishing sites and malicious software that will be use by hackers to steal important information such as passwords and security keys.

Mia44

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Quote from: Hunnykaushal31 on June 17, 2019, 01:55:22 AM

3. On telegram there are many people trying to scam by impersonating admin of projects, be aware.

The scammers not only fake the admin of the project, but they are anyone. So be careful, 99% of the people who proactively PM for you, which you are not used to are scammers.

Thomas-s

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Proof-of-Stake Blockchain Network

in order not to avoid phishing sites, you need to press only to the saved links in your browser in the control panel. This greatly reduces the risk of getting into scam sites. phishing attacks have already been greatly reduced, but they will still remain very dangerous, so you need to know how to avoid them

gabbie2010

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Vave.com - Crypto Casino

Most newbies are always guilty of revealing their private key instead of their ethereum address to scammers in the name freebies especially airdrops I agreed with the advice by the OP research on all the projects before investing although some might turns scam however with diligent scrutiny and crosschecking with ICO or IEO rating sites etc an investor should have an edge of falling into scams.

arimamib

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Leading Crypto Sports Betting & Casino Platform

these are the basic ways when investing and may be of little help, but in investing the most important thing for me is collecting data and also calculating the likelihood that can happen to the data that has been collected. it will be difficult if you cannot understand mathematics, because it is very used in this industry

thesmallgod

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And to add to what the Op has written, avoid investing in IEO on some exchanging platforms that have histories of promoting scam projects. Few of them include Latoken, Dobi, Exmarket.

Samayuki

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Quote from: Hunnykaushal31 on June 17, 2019, 01:55:22 AM

1. Keep your tokens/coins in private wallet if you are not trading it.

2. There are many scammers now a days, be aware of them

3. On telegram there are many people trying to scam by impersonating admin of projects, be aware.

4. If any airdrop/bounty/giveaway is asking for money or private key to redeem your coin/token, exit immediately.

5. Do not keep your private key in your email or computer, write it on paper and keep it on safe place.

6. Keep yourself away from cheap pump/dump groups, admins of those groups are dumping on people by giving buy signals to people.

7. Always do your own research before you invest in any project. Do not invest in ponzi scheme who promise to give big ROI.

8. If you are new to crypto world then try to invest in top coins only to avoid scam projects.

9. If you do not have money but want to have crypto then you can join bounty/Airdrop. To get good bounties/airdrops easily you can join this group on telegram @cryptoearnfree

10. Never click any website link from your email.

11. Always double check website link when you login to exchange or private wallet and always try to fill it manually, do not google it.

12. To get official website links of exchanges or crypto projects you can get it from coinmarketcap.

Good information overall but writing recovery phrases on paper doesn't count, you left out the importance of 2FA google security, private keys can be kept in mails if the 2FA is activated, no one will be able to pass that unless they get hold of your phone

Obito

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Quote from: emberbekas on June 18, 2019, 02:03:58 AM

Quote from: Galantin on June 17, 2019, 02:01:14 AM

In general, the only advice that will help you get rid of fraudsters in cryptocurrency. Exit cryptocurrency. All residual tips will not help. At any time, you can make a mistake and lose money. Grin

There are many people who never get scammed in the crypto world. Btw, for those who make mistakes, not all of them lose a significant amount of money and are able to continue their journey well. Bad things can happen but that doesn't mean that we have to give up. If we are careful enough, the opportunity to face bad experiences can be eliminated.

That's great to hear. Those people must be strict on keeping their properties totally secured and away from any harmful events. However experience will taught you hard and much more robust sense carefullness. I am not totally saying that we must all experience getting scam what I do mean is that, having no experience is different having the idea alone. Anyway let us all still keep in mind these lessons.

crisanto01

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Quote from: reza7777 on January 15, 2020, 11:47:30 AM

All the tips you mentioned are very good and useful for beginners who are new here, I always use the advice you mentioned above, I also added to be careful with scammers

Scammers are everywhere and if we will not be careful then we will regret in the future, so check first everything that you are doing, every person you are transacting, the exchange you are doing trading at, and of course the project itself that you wish to invest, always question them and don't just trust easily.

reza7777

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All the tips you mentioned are very good and useful for beginners who are new here, I always use the advice you mentioned above, I also added to be careful with scammers

OasisDre

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Writing private keys or recovery seeds on paper is a very bad idea, natural disaster can make you lose the paper easily, instead you should buy hardware wallet or find a stainless steel and carve your seed on it

Oceat

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Quote from: Shatterlean22 on June 17, 2019, 03:09:11 AM

The truth is there is no way to escape all this your advice ,mistakes are born to be make so it doesn't safe anyone from losing his or her coins ,mistakes will be made and coins will always bes lost but good advice overall

But it can be avoided if we are so keen to our move and never forget or if you forget try to make a plan B just in case. Everything can be done correctly if someone has the brain to do it. Imagine the Bitcoin wallet of Satoshi until this day. Amaze? Of course, he's not active on it because Satoshi is nowhere to be found but try that example. Although the best way to keep your private key is to write it on a piece of paper and hide it on a safe.

sakuragi21

jr. member

Activity: 286

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Thank you for all the tips you've shared with us. All of it are worth to think about. But for me in addition with all the mentioned tips above. We have also consider thing like reviewing or studying whatever that project is. Bevause nowadays as the market is really fast growing so as the scammers. So dont make an easy trust to many project that dint assure your security. Because scammers and scam project aren't rare, so only trust project which can provide not only good profit but also they must have a good whitepaper, good teamleader that runs the said project like the Aci Coins tokens to avoid us from being scammed.

Samboo

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www.thegeomadao.com

Very informative. Thank you for sharing this valuable information. It will be very much useful in avoiding being scammed. Now the present crypto market is also filled with scammers as the crypto is becoming much lucrative project. Incidents of scams and hacking may be increasing in the days to come. So it is high time controlling it. Thank you once again.

emberbekas

legendary

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Quote from: Galantin on June 17, 2019, 02:01:14 AM

In general, the only advice that will help you get rid of fraudsters in cryptocurrency. Exit cryptocurrency. All residual tips will not help. At any time, you can make a mistake and lose money. Grin

There are many people who never get scammed in the crypto world. Btw, for those who make mistakes, not all of them lose a significant amount of money and are able to continue their journey well. Bad things can happen but that doesn't mean that we have to give up. If we are careful enough, the opportunity to face bad experiences can be eliminated.

Shatterlean22

jr. member

Activity: 350

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Thanks for the advice,the only scam attempt I keep getting is phishing through email ,100s of mails per week about how to make thousands of money in a short period of time ,I never click on a single one just to stay safe

martychubbs

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Activity: 742

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Thanks for this information, I think it might help newbies. The most important rule is to always be careful and not to believe in freebies. However, new forms of fraud appear all the time, you should be prepared for this.

lobat999

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Activity: 1078

Merit: 310

Those are helpful tips to keep our digital assets more secure. Moreover, you can also find additional information on my previous post related to security topic in this link - https://bitcointalksearch.org/topic/m.50997437 . I hope they would find it useful too.

Erickan

member

Activity: 266

Merit: 18

The article is very good and complete for newcomers, I think if people are willing to learn and equip themselves with important knowledge about the crypto market, they will not lose money. But tricks of scammers are increasingly sophisticated, so we must always learn to avoid losing money unjustly.

judeafante

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Activity: 2254

Merit: 258

Quote from: Hunnykaushal31 on June 17, 2019, 01:55:22 AM

1. Keep your tokens/coins in private wallet if you are not trading it.

2. There are many scammers now a days, be aware of them

3. On telegram there are many people trying to scam by impersonating admin of projects, be aware.

4. If any airdrop/bounty/giveaway is asking for money or private key to redeem your coin/token, exit immediately.

5. Do not keep your private key in your email or computer, write it on paper and keep it on safe place.

6. Keep yourself away from cheap pump/dump groups, admins of those groups are dumping on people by giving buy signals to people.

7. Always do your own research before you invest in any project. Do not invest in ponzi scheme who promise to give big ROI.

8. If you are new to crypto world then try to invest in top coins only to avoid scam projects.

9. If you do not have money but want to have crypto then you can join bounty/Airdrop. To get good bounties/airdrops easily you can join this group on telegram @cryptoearnfree

10. Never click any website link from your email.

11. Always double check website link when you login to exchange or private wallet and always try to fill it manually, do not google it.

12. To get official website links of exchanges or crypto projects you can get it from coinmarketcap.

Ok one merited you for this I know some of these points I'm interested in your good bounties and group I'm pretty sure you are fully aware that there are useless airdrops and bounties here and you know what to look for a good one, better create an official thread here for those who can log in in their telegram.

jossiel

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Quote from: Hunnykaushal31 on June 17, 2019, 01:55:22 AM

12. To get official website links of exchanges or crypto projects you can get it from coinmarketcap.

Not every exchange listed on coinmarketcap are good. You have to be aware that there are exchanges listed there that you can't rely on. Still base on the review and experience of others but if you don't want to, be cautious when trying them.

Quote from: Hunnykaushal31 on June 17, 2019, 01:55:22 AM

10. Never click any website link from your email.

And never click a website from a stranger.

ahmia39

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Of all the tips you wrote, everything is good and certainly must be done, but on the 5th point it is a little ambiguous because I myself keep the private wallet key on the computer in the form of RAR and password, and it is very safe and I also make copies to external hard drives

masulum

legendary

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hmph..

Point #10, not all link on our email will become phising or malware. The best way to save your activity on email is
* Check email sender
* Right clicks anchor link, copy url address and paste to note/notepad than double check URL.

Point #12, many exchange and good projects not listed on coinmarketcap. Even their projects listed on coinmarketcap, no one guarantee if they wouldn't become a scam. Another solution is find another way like ANN bitcointalk thread to find official website link or google it.

DYOR/DWYOR

Stake13

newbie

Activity: 42

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All the tips that mentioned above was good to follow to avoid being scam. So in addition, you really have to be aware and smart of choosing a coins or a project to ne joined in. Another tip is to make sure that yoi really understands the projects whitepaper before adopting it because scammers are so tricky and can get your attention as well. So lastly to avoid being scam, be knowledgable on the idea of eveey project you were supposed to participate. I can leave here a really good project amd hundred percent not a scam. This project was so beneficial and this is the dencoin tokens.

cribusen

copper member

Activity: 490

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You should always be aware of scammers, especially on Telegram and E-mails. I am getting like 20 spam emails per day, asking for contribution. Never reply or click on links in such emails, because you will lose your money guys.

quarkfx

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Activity: 396

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mainly traders should be aware of hacks as they will be doing many transactions and mostly coins will be in online and we should know that scammers also know this points so they will come up with new ideas so beware

ginobitcoiner

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what you have to keep in mind is the product they have, because if their products are running maybe they will even grow so their coins will always be needed and the coins will continue to be traded with offers that continue to increase.

jrrsparkles

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Quote from: Galantin on June 17, 2019, 02:01:14 AM

In general, the only advice that will help you get rid of fraudsters in cryptocurrency. Exit cryptocurrency. All residual tips will not help. At any time, you can make a mistake and lose money. Grin

if you think you are not good at holding the cryptocurrencies that you should exit from it don't ask others to do. This tips are not rocket science for the common people to understand just having common sense I will save you from scam attacks from the blatant scammers.Get the responsibility because its your money and don't get attracted by any offers which are the possible scams.

Shatterlean22

jr. member

Activity: 350

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The truth is there is no way to escape all this your advice ,mistakes are born to be make so it doesn't safe anyone from losing his or her coins ,mistakes will be made and coins will always bes lost but good advice overall

Galantin

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Activity: 602

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In general, the only advice that will help you get rid of fraudsters in cryptocurrency. Exit cryptocurrency. All residual tips will not help. At any time, you can make a mistake and lose money. Grin

Hunnykaushal31

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Activity: 92

Merit: 25

1. Keep your tokens/coins in private wallet if you are not trading it.

2. There are many scammers now a days, be aware of them

3. On telegram there are many people trying to scam by impersonating admin of projects, be aware.

4. If any airdrop/bounty/giveaway is asking for money or private key to redeem your coin/token, exit immediately.

5. Do not keep your private key in your email or computer, write it on paper and keep it on safe place.

6. Keep yourself away from cheap pump/dump groups, admins of those groups are dumping on people by giving buy signals to people.

7. Always do your own research before you invest in any project. Do not invest in ponzi scheme who promise to give big ROI.

8. If you are new to crypto world then try to invest in top coins only to avoid scam projects.

9. If you do not have money but want to have crypto then you can join bounty/Airdrop. To get good bounties/airdrops easily you can join this group on telegram @cryptoearnfree

10. Never click any website link from your email.

11. Always double check website link when you login to exchange or private wallet and always try to fill it manually, do not google it.

12. To get official website links of exchanges or crypto projects you can get it from coinmarketcap.

Topic: Some Tips For Crypto Lovers To Avoid Scam (Read 340 times)