How do you protect yourself from scams in crypto?

[joniboini]

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.

I honestly find it hard to believe if somebody doesn't know cracked software can contain malware. Even pirate websites usually give you a disclaimer about it. Most communities also discuss which website is "safe" or not, which implies some websites are distributing fake or malware on their download files. We can also find malware in movie torrent files too. There are many ways people can learn about malware. But yeah, sometimes people do stupid things just because they're overconfident in their ability.

[Z-tight]

There are many ways people can learn about malware. But yeah, sometimes people do stupid things just because they're overconfident in their ability.

Yeah, one way of learning about malwares is by joining crypto forums and being active and i believe every crypto person should be in at least one crypto forum. You get to learn from experienced users, share ideas and engage in quality discussions, this will open your eyes wide to scam and how to effectively avoid them.

[Gurujebs]

Yeah, one way of learning about malwares is by joining crypto forums and being active and i believe every crypto person should be in at least one crypto forum. You get to learn from experienced users, share ideas and engage in quality discussions, this will open your eyes wide to scam and how to effectively avoid them.

I think not just forum, I don't know if I'm the only person that notice that almost crypto projects in the market are all active on X which is formerly called X. In fact, scammers understand how Twitter is very important for projects, that's where many of them operates and there some Kols that are doing and writing educative content for their community to avoid scams.

There is this guy that help exposed some celebrities that are involved in many meme coins, some people just cheat their community and don't look back, all this things can be avoid with proper knowledge to everyone.

[Z-tight]

I think not just forum, I don't know if I'm the only person that notice that almost crypto projects in the market are all active on X which is formerly called X.

You mean formerly called Twitter. Yeah, crypto presence is high in X and poeple can learn from there, however, they can be exposed to a lot of scam there and lose their money before they find the educative and informative information available on that platform.

[libert19]

I think not just forum, I don't know if I'm the only person that notice that almost crypto projects in the market are all active on X which is formerly called X.

You mean formerly called Twitter. Yeah, crypto presence is high in X and poeple can learn from there, however, they can be exposed to a lot of scam there and lose their money before they find the educative and informative information available on that platform.

X has both good and bad stuff and you wouldn't know if some so called 'good' handles prior, start posting stuff to scam their folllowers, so I personally trust forums more as comments are quick to point out scummy stuff and there are also Sherlock Holmes types personalities who look if account changed hands.

[ZAINmalik75]

There are many ways people can learn about malware. But yeah, sometimes people do stupid things just because they're overconfident in their ability.

Yeah, one way of learning about malwares is by joining crypto forums and being active and i believe every crypto person should be in at least one crypto forum. You get to learn from experienced users, share ideas and engage in quality discussions, this will open your eyes wide to scam and how to effectively avoid them.

Forums are the best source to get the latest informations, BTT is famous and many websites have mentioned it in their articles and many big personalities have talked about it openely I still think BTT is very under rated even the Satoshi was active here.

And altcoinstalks is not that famous yet therefore people don't know about it much they first usually know about BTT and then about this platform. These communities and some others share latest news about spam and malwares and their types. Self study can be more better than relying on forum in some times.

[Z-tight]

so I personally trust forums more as comments are quick to point out scummy stuff

Yeah, i believe people learn about scammy stuff better in cryptocurrency forums, here we have a lot of productive discussions and everyone shares their own opinion. I know there are scammers lurking around even in crypto forums, but we usually point them out whenever they make a 'public' post.

[Freemind]

X has both good and bad stuff and you wouldn't know if some so called 'good' handles prior, start posting stuff to scam their folllowers, so I personally trust forums more as comments are quick to point out scummy stuff and there are also Sherlock Holmes types personalities who look if account changed hands.

Twitter/X is the worst place to learn about new cryptocurrencies. It can be used to get updates on already established and consolidated projects, but it is not useful for much else. In fact, more scams appear every day on that platform with verified accounts. That's a sign that, like Facebook, it doesn't care too much about its users to sell advertising. Forums and pages about new launches (ICO, IEO) are safer sites with much more information available.

[lepbagong]

so I personally trust forums more as comments are quick to point out scummy stuff

Yeah, i believe people learn about scammy stuff better in cryptocurrency forums, here we have a lot of productive discussions and everyone shares their own opinion. I know there are scammers lurking around even in crypto forums, but we usually point them out whenever they make a 'public' post.

What you said is very true that a forum like this will help us a lot in trouble that may occur due to scams that may be with by them, Because At the forum there is an in-depth discussion of what happens with scams, so that we can avoid it. At least we can discuss many problems that occur so that what we fear can be avoided and not experienced, because scammers are always targeting at any time

[|MINER|]

What you said is very true that a forum like this will help us a lot in trouble that may occur due to scams that may be with by them, Because At the forum there is an in-depth discussion of what happens with scams, so that we can avoid it. At least we can discuss many problems that occur so that what we fear can be avoided and not experienced, because scammers are always targeting at any time

But the hardest truth is most of the people come to cryptocurrency forum when the face losses via scams. Even though I think that wasn't a bad idea to explore the forum that experience because now it can help at least that person to be aware from the scammers.
Actually these forum communities main purpose is also to help each other by giving information as well these things were also included on it.

[Faisal2202]

For example if I'm looking to choose an exchange right now, I'd be looking for information that points towards safety. For example, the article that talked about Bitget userbase increasing by 400% in 2024 shows that a lot of people trust the exchange and that can't be a coincidence.

Well this is not a good thing to keep in mind before considering a exchange good because we should see their audits latest ones and their non custodial wallet technologies if they have made that public because recently bybit had a big exploit in their hardware wallets which was multi sig and still hackers get their hands on the funds.

How and which technology the Bybit was using, we still don't know many things these big exchanges are playing by a general expression I am getting from this is, we should not use one exchange only, like bybit did not held all of its funds in one hardware wallet, we have to diversify our assets into different exchanges so if one would go down the other will support us.

[debra]

What you said is very true that a forum like this will help us a lot in trouble that may occur due to scams that may be with by them, Because At the forum there is an in-depth discussion of what happens with scams, so that we can avoid it. At least we can discuss many problems that occur so that what we fear can be avoided and not experienced, because scammers are always targeting at any time

We have a lot of topics and information in this forum. So we can update information any time we need. Moreover it is about scams, we have some thread about updated scams. If we are active in this forum, we can should know it easily.

Actually, we also can get the information ourselves if we are googling. Just look for the update of current scam cases. We can get the information from varied sources. But make sure that we are reading from reliable sources for the valid news.

[lepbagong]

What you said is very true that a forum like this will help us a lot in trouble that may occur due to scams that may be with by them, Because At the forum there is an in-depth discussion of what happens with scams, so that we can avoid it. At least we can discuss many problems that occur so that what we fear can be avoided and not experienced, because scammers are always targeting at any time

But the hardest truth is most of the people come to cryptocurrency forum when the face losses via scams. Even though I think that wasn't a bad idea to explore the forum that experience because now it can help at least that person to be aware from the scammers.
Actually these forum communities main purpose is also to help each other by giving information as well these things were also included on it.

I agree, that vigilance must always be increased against the many frauds that are currently happening, so it's not wrong to continue to be able to join forums like this, because all possible discussions can be in the forum, and you can also use the mechanism to ask questions if it is really needed for enlightenment.
Many already understand the main purpose of a community like this, but not a few are still deceived because they don't understand it well enough.

[LogitechMouse]

X has both good and bad stuff and you wouldn't know if some so called 'good' handles prior, start posting stuff to scam their folllowers, so I personally trust forums more as comments are quick to point out scummy stuff and there are also Sherlock Holmes types personalities who look if account changed hands.

Twitter/X is the worst place to learn about new cryptocurrencies. It can be used to get updates on already established and consolidated projects, but it is not useful for much else. In fact, more scams appear every day on that platform with verified accounts. That's a sign that, like Facebook, it doesn't care too much about its users to sell advertising. Forums and pages about new launches (ICO, IEO) are safer sites with much more information available.

If there are newbies here, I will echo what he said. If you're a newbie, please, please don't go on Twitter.
For me, Twitter/X is becoming the next Telegram/Discord already.

It's the home for thousand of scammers, and scamming there is quite easier. Duplicating the handles with a bit of a tweaks of those legit and popular people are very easy. I mean they can just change some letters, and they're good to go. Don't rely your decision based on what you're seeing in Twitter. Twitter on the other hand doesn't seem to care about how rampant scams is on the platform since it's happening in every social media platforms.

This forum, and some legit people are the ones that can follow, and as for Twitter, I'm not saying that all of the people out there are scammers because there are still some who are worthy to follow at least. @WatcherGuru is one.

[|MINER|]

I agree, that vigilance must always be increased against the many frauds that are currently happening, so it's not wrong to continue to be able to join forums like this, because all possible discussions can be in the forum, and you can also use the mechanism to ask questions if it is really needed for enlightenment.
Many already understand the main purpose of a community like this, but not a few are still deceived because they don't understand it well enough.

These community I mean the forum is always helpful for those who were really seeking for knowledge about the cryptocurrency but what I said in my previous post that most of the people just their journey on these forum or community when they face losses or get scammed.

But I think peoples should focus on these types of community before making any investment on any platform and there is lots of people who already maked many articial and tools to check about a project that is scammer or not.