Today, cryptocurrency is becoming increasingly popular, but with its growth, the number of scammers is also increasing. They come up with clever schemes to take your money. I will explain in simple terms how to protect yourself.
1. Don’t trust easy money
If someone promises quick earnings without effort, it's already suspicious. For example:
- "Invest $100, and in a week it will be $1000."
- "We guarantee a 10% income per day."
In cryptocurrency, no one can guarantee profit. It is always associated with risk.
2. Check the project
Before investing money:
- Learn about the team: Is there information about the developers? Do they have experience or are they just made-up names?
- Check the website and social networks: If the project looks cheap or was created recently, that's a warning sign.
- Check for reviews: Visit forums or social networks and read what others are saying.
3. Do not click on random links
Scammers often send links in Telegram, WhatsApp, or via email. This can be:
- Fake cryptocurrency exchange website.
- Fake cryptocurrency giveaway.
- A link that will steal your data.
Tip: Never enter your data if you are not sure about the website.
4. Keep your keys safe
Your private key or seed phrase is access to your wallet. If someone finds them out, they will take all your money.
- Do not share this information with anyone.
- Write them down on paper and keep them in a safe place.
5. Avoid fake exchanges and wallets
Some scammers create websites that look like real exchanges or wallets.
- Always check the website address.
- Download apps only from official sources.
6. Be careful with giveaways (airdrops)
If you are told: "Send 1 ETH, and we will return 2 ETH" — this is 100% a scam. No one will give away money just like that.
7. Check projects with tokens
If you found a new token and want to buy it:
- Check if it has a real product.
- Study its white paper.
- Find out where it is traded. If it's only on one platform, that's suspicious.
8. Trust, but verify
Even if the project looks solid, always double-check the information. Scammers can disguise themselves well.
The main rule
Never invest money that you are not prepared to lose. Cryptocurrency is a risky area, and even experienced investors sometimes lose money.
Be attentive, cautious, and always think twice before investing anywhere.
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