The best way one can protect himself best from scams related to bitcoin, is to learn from experience which I have had my own share of where I needed to convert the little coins I have gotten to cash but ended up in the hads of a scammer who used delay tactics on me but I was still immature then. But now, I just don't deal with anybody anyhow. I have a list of trusted guys to help with that and even before transacting I do a lot of ground work confirming nothing has changed since our last transaction.
I have never been scammed before but ever since I joined this site, I learned about ponzi, HYPI(?) and other altcoins that are scams, and because of this knowledge I was able to avoid scams. I've read somewhere on this forum that you shouldn't deal with newbies. Not to discriminate but it is highly possible for them to trick you.
I always look out for red flags and research first before engaging on something. Thankfully, I've never been scammed or lost any money online. Just always be on the lookout!
Well this is the only forum that can help us a lot and learn about ponzi or any scam site related in bitcoin. .that is why i came here before because i was one of the people who scam in ponzi scheme and i was looking for help before in this forum just to know how to recover my bitcoin in ponzi scam but almost all comments saying that i will never recover my bitcoin in ponzi site..
Now i learn this and never trust any site and there are no free bitcoins that you can get daily fast. except for micro earnings which is faucet..
Now if there are some site that i want to invest i always ask here in this forum before i invest so that i don't experience any scam again..