How do you protect yourself from scams in crypto?

[Mia Chloe]

Protecting ourselves from scams should be our main priority, because all of what we've worked for will go to waste if we do not know how scammers and hackers attack their victims.

I believe one of the very first step to prevent falling for scams is actually to let go of greed. This is basically because most scam attempts become successful because the victim has some greedy motives in mind. As for things like hacks it's important to be very informed about your security and how to manage It.

Most times hackers target people with information already in hand based on what they could probably get from them that's why we need to be as private as possible.

[sampoerna]

Protecting ourselves from scams should be our main priority, because all of what we've worked for will go to waste if we do not know how scammers and hackers attack their victims.

I believe one of the very first step to prevent falling for scams is actually to let go of greed. This is basically because most scam attempts become successful because the victim has some greedy motives in mind. As for things like hacks it's important to be very informed about your security and how to manage It.

I agree with this. Don't be greedy and also think logically. Because often scam projects are too good to be true. So that it doesn't make sense, especially when promising results that are beyond reason in an instant.

Indeed, sometimes it seems difficult to detect whether it's a scam or not. It's just that, usually there are some general signs. At least don't let us spend money in a hurry. Especially if we don't really know the team and their social media. So, the point is don't easily believe in new projects or new types of programs that allow for scam projects.

[Rruchi man]

~

Information is one of the things that can majorly help in preventing yourself from being a victim to scammers and their tactics that are always changing. Information is always evolving; the reason you have to make sure you are being updated as the information you have changes.

[lepbagong]

~

Information is one of the things that can majorly help in preventing yourself from being a victim to scammers and their tactics that are always changing. Information is always evolving; the reason you have to make sure you are being updated as the information you have changes.

It is true that you said that scams will always update their methods and always change, even though sometimes they do the same thing, but we must also update them from the information we can get in forums like this or through forums that exist and are widely spread, because by updating we can at least know the methods they use to anticipate.

[Celsius]

~

Information is one of the things that can majorly help in preventing yourself from being a victim to scammers and their tactics that are always changing. Information is always evolving; the reason you have to make sure you are being updated as the information you have changes.

It is true that you said that scams will always update their methods and always change, even though sometimes they do the same thing, but we must also update them from the information we can get in forums like this or through forums that exist and are widely spread, because by updating we can at least know the methods they use to anticipate.

Those who run scam projects have different methods of scamming. Once they have cheated, they use different methods of cheating, which makes it difficult to escape from the trap of cheating. If they run an ICO project in one way, they later change the community and all kinds of websites and emerge in a new form in a different way.

[Aanuoluwatofunmi]

Most of the scam victims are those that have left themselves vulnerable for an attack without knowing, that is why we have to understand and know the required security measures everyone of us is expected to take in crypto, we must be able to avoid leaving some of our personal information open to public view, because that is one of the route through which they scammers use in getting to set us for an attack because of such vulnerabilities.

[Sim_card]

Protecting ourselves from scams should be our main priority, because all of what we've worked for will go to waste if we do not know how scammers and hackers attack their victims.

I believe one of the very first step to prevent falling for scams is actually to let go of greed. This is basically because most scam attempts become successful because the victim has some greedy motives in mind. As for things like hacks it's important to be very informed about your security and how to manage It.

I agree with this. Don't be greedy and also think logically. Because often scam projects are too good to be true. So that it doesn't make sense, especially when promising results that are beyond reason in an instant.

Indeed, sometimes it seems difficult to detect whether it's a scam or not. It's just that, usually there are some general signs. At least don't let us spend money in a hurry. Especially if we don't really know the team and their social media. So, the point is don't easily believe in new projects or new types of programs that allow for scam projects.

If you want to limit your chance of getting scammed in the crypto space is that you should avoid airdrops and be careful with your wallet. If you keep your seed phrase secured and avoid giveaways, but focus on buying and investing, you should also avoid new projects and people that claim to be trading experts to trade for you.

[Mia Chloe]

If you want to limit your chance of getting scammed in the crypto space is that you should avoid airdrops and be careful with your wallet. If you keep your seed phrase secured and avoid giveaways, but focus on buying and investing, you should also avoid new projects and people that claim to be trading experts to trade for you.

They actually many things involved that you need to consider in order to reduce the chances of you falling for scams and even hacks, although greed is one of the major things especially for the case of scam, privacy also matters a lot this is because there's a lower chance of these hackers being able to scam you when they have little or no information about you.

This is why it's very important to keep your Holdings as well as your keys safe because the more exposed the tend to be the higher the chances of you becoming a target.

[Gurujebs]

If you want to limit your chance of getting scammed in the crypto space is that you should avoid airdrops and be careful with your wallet. If you keep your seed phrase secured and avoid giveaways, but focus on buying and investing, you should also avoid new projects and people that claim to be trading experts to trade for you.

If you want to participate in airdrops, make sure you are using a burner wallets, use a particular wallet address for airdrops and never used your main wallet to do airdrops because you are going to sign into some platforms that is capable of draining everything you have on your wallets, doing such will help you prevent such type of disappointment in the future.

A wallet that is never connected to any platform can't be hack unless someone has access to it.  Use a particular wallet and you will be free from any worries that will come to you later in the future, that's what I also do on airdrops that I do participated.

[debra]

If you want to limit your chance of getting scammed in the crypto space is that you should avoid airdrops and be careful with your wallet. If you keep your seed phrase secured and avoid giveaways, but focus on buying and investing, you should also avoid new projects and people that claim to be trading experts to trade for you.

It is true. Just avoid joining airdrops, bounties, referrals, and the like. Make sure the main wallets never join any programs. If we want to join them, we must create new wallets. This is the right way that many experienced people have done. I also do this because I am worried with the random coins. If we join the giveaway programs, sometimes there are unknown coins in our wallets. Those are unwanted coins because they have no value.

[EluguHcman]

Best impact to keep you away from getting scammed is your ability to resist online steamers who tends to make you believe that if you follow their guides you will become rich or sites that makes earning profits is as easy as when you just invest with them.

That is apparently not to believe it when the profit percentage seems attractive and making research before accepting a fact from a consultant so that you don't get mislead to scam.

[bayu7adi]

Best impact to keep you away from getting scammed is your ability to resist online steamers who tends to make you believe that if you follow their guides you will become rich or sites that makes earning profits is as easy as when you just invest with them.

That is apparently not to believe it when the profit percentage seems attractive and making research before accepting a fact from a consultant so that you don't get mislead to scam.

Because fraud is not just about online gambling, I hope no one forgets about fraud through investment recommendations, especially now that the topic of conversation is memecoin... never buy memecoin with an offer that will give you big profits in a short time, even though memecoin has very dangerous potential too... we know its volatility is very crazy and if there are still those who believe that there is a guarantee of profit, then you should be careful...

In addition, another fraud that people may not be aware of is through malware in pirated software... especially for Windows users where there are so many software that are injected with viruses to steal data... this is not a direct fraud, but basically the worst thing that can happen is that it harms us too.

[knowngunman]

yeah this thread is an obvious way to get a name out there.

use a legit question for the title

then promo the exchange.

one way to beat scams is do not fall for threads that are started this way.
another way is talk to long term members ask them what exchanges do you use.

The poster doesn't even know what he's trying to promote or what led to recent upsurge in users registration on the exchange in question. The current wave of Telegram mining is the reason behind high registration on that platform because it seems to be the only exchange that can be easily manipulate and compromised. Higher users don't translate to high trust. In fact, the said exchange has lost credibility in the eyes of many and they now believe it is now the abode for unserious projects.

[LogitechMouse]

If you want to participate in airdrops, make sure you are using a burner wallets, use a particular wallet address for airdrops and never used your main wallet to do airdrops because you are going to sign into some platforms that is capable of draining everything you have on your wallets, doing such will help you prevent such type of disappointment in the future.

A wallet that is never connected to any platform can't be hack unless someone has access to it.  Use a particular wallet and you will be free from any worries that will come to you later in the future, that's what I also do on airdrops that I do participated.

I've always thinking about creating a burner wallet if I want to participate in airdrops, but I realize, I don't have that much money in my wallets so... I guess it doesn't matter for me if I lose my money for some reasons because at the end of the day, there are no assets on those wallets especially in Metamask.

Best impact to keep you away from getting scammed is your ability to resist online steamers who tends to make you believe that if you follow their guides you will become rich or sites that makes earning profits is as easy as when you just invest with them.

If you're a newbie in the space, following wrong influencers is pretty much normal, but the more you spend time learning, the more you will realize that the influencers that you're following isn't the right persons hence, you will find the right people that will truly guide you. Trust me, they're hard to find, but it's worth it.

[Z-tight]

That is apparently not to believe it when the profit percentage seems attractive and making research before accepting a fact from a consultant so that you don't get mislead to scam.

Yeah, scammers take advantage of people's greed, they meet their victims online and they either offer them a job opportunity with a payment that is too good to be true. They can also offer their victims investment opportunities with returns that are too good to be true. However, because of greed, many people cannot see through this, but they fall victim.