Post
Topic
Board Beginners & Help
Re: Some tips to help protect yourself from crypto scam
by
SOKO-DEKE
on 06/01/2024, 18:25:57 UTC

(1) DYOR (Do your own research) always verify the legitimacy of a project or platform before investing your money and time.
The is reason newbies are advised to avoid investing unless they have good knowledge about cryptocurrency first and the industry, because if you they have the proper knowledge how can someone do it own research and know they best project to invest in. Personal research is very important because you will know what to do and what to not do because of proper information you may get, but if you are relying on someone advise it hardly to know proper things to do because you just be following what is doing whether is getting big risk or no, someone may not know.

(2) Avoid suspicious links: Be cautious when clicking on links, especially if they seems too good to be true or from an unknown sources.

It's crucial to be caution when using the internet! Watch out for dubious links that may not be what they seem at all times. A link could be a fraud if it makes grand claims or comes from an unknown person. Scams are similar to cunning plans to obtain personal information or create problems. Thus, be careful and refrain from clicking on dubious links. It's similar to not opening an unexpected parcel from an unknown sender you never know what might be inside! You can safeguard yourself and maintain a joyful and secure online environment by exercising caution.
(3) keep personal information private: Never share sensitive information like private key or seed phase with anyone.
Some people lose a lot of things both offline and online as a result of disclosing personal information to strangers. Therefore, anyone who wants to preserve their asset must completely refrain from disclosing any personal information. It's crucial to keep our private key and seed phase confidential, especially when it comes to cryptocurrencies, unless we are genuinely trusted.

(4) Beware of fake giveaway.

 it is imperative to exercise extreme caution, particularly when an offer of something of value is made. I really advise you to look into giveaways and make sure they're coming from a reliable source before getting too excited about them. Giveaways are a tool used by con artists to draw attention and fool people into parting with valuables. It would therefore be wise to decline and not take any dangers unless you are positive about the source of the freebie. You may avoid these cunning crooks on the internet by exercising caution and doing your research!