Fraudsters, hackers and generally men of the underworld are present and a threat in any financial sector. And any platform by which they can scam others out of their cash.
The issue with cryptocurrency is it's decentralization which makes you responsible for your assets. Unlike fiat where losses or leaks are not your direct losses.
The technology is secure and can resist attacks, buy with expansions come others loop holes, centralized exchanges, and other aspects.
The rising cases if hacks is unsettling for enthusiasts, but no system is totally secure.
Topic: Your Security should be at optimal level in cryptocurrency (Read 187 times)
It's so sad that cryptocurrency which is a digital currency has offered us a lot of advantages over traditional currency Has been infested with fraudsters, hackers and generally men of the underworld.
Cryptocurrency can not come to an end because of the activities of these bad eggs neither can they(fraudsters) be completely eradicated this are menace we crypto enthusiasts have to live with and also constantly evolve to counter there activities.
In as much as this individuals are smart, wise and sneaky there are some indiscipline that we exhibits that makes us fall prey to this bad guys.
One of the most important and disastrous of them is GREED this character alone can get you duped not just once but several times the cryptocurrency world those not owe your millions so don't think you can come in and become one with out time, effort and knowledge
Other attitude that gives us away are
*inadequate observation... In as much as this guy's come out with great schemes to defraud unsuspecting individual they must be a loop hole if carefully observed Cam counter their attack. Most offer you fake exchanges, wallet e. T. C you can do well to research on them and know their trust level you don't just jump into it just because it's a link and you are captivated by the landscape of the site and it appeals to you as legit no that is a wrong move it's even rear for a reputable exchange, wallet to send you a private link to their site come on the have over a million users already. Also observe names and identity mimicry this is very important most platform those not allow multiple users with similar name but this can be altered slightly by these evil doers to avoid detection
*only trust yourself and God... Never trust anyone not even your hot girl friend everyone is in cryptocurrency to make something out for themself when you understand that. You will keep you wallet address, private keys and even your devices personal.
*seek multiple opinion... For example if Mr a is in partnership with the bad gang Mr b is not and if Mr b is then Mr c is not. Even when searching google about something you not sure of there are many opinion that will be brough out try to weigh various ones.
The topic of safety can not be overemphasized try to make it part of you. You have to practically become a watch dog. The sector is filled with scams stay safe.
Cryptocurrency can not come to an end because of the activities of these bad eggs neither can they(fraudsters) be completely eradicated this are menace we crypto enthusiasts have to live with and also constantly evolve to counter there activities.
In as much as this individuals are smart, wise and sneaky there are some indiscipline that we exhibits that makes us fall prey to this bad guys.
One of the most important and disastrous of them is GREED this character alone can get you duped not just once but several times the cryptocurrency world those not owe your millions so don't think you can come in and become one with out time, effort and knowledge
Other attitude that gives us away are
*inadequate observation... In as much as this guy's come out with great schemes to defraud unsuspecting individual they must be a loop hole if carefully observed Cam counter their attack. Most offer you fake exchanges, wallet e. T. C you can do well to research on them and know their trust level you don't just jump into it just because it's a link and you are captivated by the landscape of the site and it appeals to you as legit no that is a wrong move it's even rear for a reputable exchange, wallet to send you a private link to their site come on the have over a million users already. Also observe names and identity mimicry this is very important most platform those not allow multiple users with similar name but this can be altered slightly by these evil doers to avoid detection
*only trust yourself and God... Never trust anyone not even your hot girl friend everyone is in cryptocurrency to make something out for themself when you understand that. You will keep you wallet address, private keys and even your devices personal.
*seek multiple opinion... For example if Mr a is in partnership with the bad gang Mr b is not and if Mr b is then Mr c is not. Even when searching google about something you not sure of there are many opinion that will be brough out try to weigh various ones.
The topic of safety can not be overemphasized try to make it part of you. You have to practically become a watch dog. The sector is filled with scams stay safe.
Jump to: