Post
Topic
Board Beginners & Help
Re: SCHEMES WHICH NEWBIES NEEDED TO AVOID.
by
Lucius
on 16/04/2020, 10:45:53 UTC
Let's help newbies to determine scams and save their money.

It would be good if we could publish your post somewhere where a lot of those who are looking for fast and easy earnings will see it. But this is unfortunately impossible, and in most cases inexperienced people are fooled and most learn something from their own mistakes. This is sometimes not so bad, because if you lose $10 or $100 you will not get the chance to lose $500 or $1000, except in the case that someone is really persistent in losing their money.

It's really easy to protect yourself from scams, just do not trust to anyone who ask you money and when you're buying something use escrow (for crypto), and PayPal for fiat.

I would just add type of scam when people are trick to buy public coin address and import that address in watch-only wallet, and scammer is selling them story that they have bought some coin. Also some newbies buy forked BTC coins, because someone convinces them that this is real BTC.

When we consider all the known scams and the unknown, for some people the internet is literally like a minefield.