Everyone who has entered the cryptocurrency world knows that the cryptocurrency world is unpredictable. Even the price of Bitcoin fluctuates, making it hard to predict. Moreover, the current cryptocurrency environment is complex, and we will encounter various scams and traps when investing, so we have to be careful.
There are too many tricks in the cryptocurrency circle, and these are the ones we often encounter.
As a novice in the cryptocurrency circle, we have to face all kinds of information, which is difficult to distinguish between true and false. Scammers often pull you into some trading groups, and they often run away immediately after getting the money. So when we invest, we must be careful not to trust some over-the-counter trading groups casually, and we still have to trade in the formal digital currency market.
There are also some scammers in some OTC trading platforms. They will make fake payment receipts or find various reasons to refund after you transfer money. This situation often catches many novices off guard, but there are ways to deal with it. First of all, don't be bothered to check whether your card has received the money, and release the coins after confirming that the payment is correct. Secondly, when trading on such platforms, you must verify the other party's payment information and conduct KYC. If the payer's information is inconsistent with your transaction information, remember to make a phone call to confirm.
In addition, we must pay attention to some online scams and phishing websites. When we log in to the website, we must pay attention to whether the domain name of the website is the official domain name, and observe whether the sender of the email is official. For computers, we must update security in a timely manner, do not open unknown links, web pages, etc., and pay attention to the security protection of our computers.
Finally, we must pay attention to some CX scams under the name of blockchain, mining, and coin hoarding. For these scams, they generally dare not post on well-known forums, have no formal development team, do not publish codes, and can only be traded on internal trading platforms, etc. Therefore, investors must pay attention to investigating the background of the currency when investing, do not blindly follow the public investment, and learn to distinguish true and false currencies by themselves.
The scams in the cryptocurrency world are too complex, and we investors must know how to identify them in order to avoid being fooled. Otherwise, we will regret it later if we lose our assets.
