Post
Topic
Board Bitcoin Discussion
Re: The Experience of A Bitcoin User
by
sapnu
on 15/12/2019, 23:48:52 UTC
This is not really a new scam but not many users are aware of it. On Reddit, it was discussed extensively, please be enlightened  and secure your BTC. https://www.cryptoinfowatch.com/hackers-are-using-clipper-malware-to-steal-bitcoin-from-users/
Hackers and scammers never stop inventing new strategies for stealing from people. But, how you avoid these scammers is still the same ways – stop installing apps from unknown sources, make use of the main app stores whenever you want to install an application.

Stop opening unsolicited mails, when you see emails from people you don't know, just delete it immediately. And another thing is to avoid giving out information about yourself because when they lay hands on your information they can as well use it to do something against you. I'm always careful with how I use cryptocurrency because I know that they are not like PayPal, there is no way you can reverse your money, once it's sent, just say bye-bye to it.
Most people have never treated their online security as something important because for the most part of their lives they have relied on centralized institutions to protect them, but we know that is not true with bitcoin and cryptocurrencies in general, your coins are as secure as you make them be, and if you install your wallet in the same computer that you use for your everyday life and you have no problem installing software from unknown sources then it is obvious that at some point you're going to lose your money.

This is also why people do things like forget their coins on exchanges or wallets or lock themselves out of their own wallets losing the keys. People are so used to having some upper power to turn to when things go wrong or as people always do someone to blame for what is going wrong. Without this people may feel powerless. Even more so when susceptible to scams. Bitcoin is so free there is little you can d if you are scammed.
MY experience as a bitcoin user is somehow good and somehow bad also because yes I am earning here but also I am being scammed but that scams are not intentionally because the project might fail. Most users of Bitcoin have regret. In my case, it is somehow related. There are continuous dumps that happened and to cut my loss, I sell all of my Bitcoin and converted into Fiat without knowing that it will be able to recover with the backdrops. I sold my Bitcoin when it is priced at 3300 and currently it is priced at 4200 and still increasing. But now, I am planning to again, invest in Bitcoin and would use what I've learned which is to hold during downfalls.