TOP 10 WAYS TO Avoid Losing Stupid Money In Crypto
💥Currently, along with strong growth, scams are increasingly sophisticated.
In the Financial and Crypto markets, I myself have been "stupid" many times.
AND... this ''stupidity'' comes at a high price in ''cash''.
Therefore, I would like to share and ''expose'' 10 ways that ''professional'' scammers often do today to ''pick your pocket''.
Here are 10 forms of Finance and cryptocurrency fraud and how to avoid them that you should know!
1️⃣ Impersonation scam
Scammers pretend to be friends or family members who need money, exploit emotions, and manipulate emotions. ''hypnotize'' you into transferring money.
👉What you need to do:
Always verify direct money requests through a trusted communication channel before sending any cash or cryptocurrency.
2️⃣ Ponzi scam
This method preys on your ''greed'', the scammer promises ''sky-high'' high returns.
The exact nature of ''Ponzi'' is to use money from new investors to pay the previous ones.
Most of these plans will... "collapse" soon when there are no "angel" investors to invest. .
👉How to avoid: Be suspicious and carefully evaluate projects and "promises" that generate high interest rates
3️⃣ Fraud on the web
There are websites or Emails that look exactly like official sites or have the same interface as legitimate cryptocurrency wallets.
👉How to prevent: Do not log in to websites, open emails of unknown origin...
4️⃣ Fake ICO (initial coin offering)
5️⃣ Fake gifts: You should remember ''there is no such thing as a free lunch''
6️⃣ Hakc and malware
7️⃣ Fake apps and wallets:
8️⃣ Cloud mining scam
9️⃣ Money pumping group
🔟 Pump and Dump Plan
Using many different methods to artificially inflate the value of a product, stock code, cryptocurrency token... and create positive news to create ''FOMO''. Then the selling price increases, causing the value to drop
👉If you know of other scam schemes of bad guys, please help me add them to the list above.
🥰I am extremely grateful to you!
#CryptoTalks #BTCFi #btc #hack #ether
