Because of the increase in the financial leverage of Bitcoin and cryptocurrency a lot of fraudster are budding under the umbrella of Bitcoin and cryptocurrency to scammer people especially those who are not much grounded and knowledgeable of Bitcoin and cryptocurrency like me. Instance, some fraudster will send you a link through WhatsApp, Facebook and other social media telling you to click the link to register for cryptocurrency and Bitcoin with hope of making much money
So if I may ask, how can we identify this kind of fraudsters?
The thing is that it takes only someone that has a good cryptocurrency knowledge to be able to identify or I have a doubt if they are being lured into wrong investment by scammers, that's why learning about Bitcoin is very important because it will open your eyes to see that it will be very difficult for someone to be paid Bitcoin only by joining a platform or link, however for now is actually very difficult to identify scammers because since they know that people are beginning to understand there method of operation they have actually established different method and sometimes they could even lure you to register on a particular platform and not to ask you for investment but instead what they just need is your email and some personal information so that they would use it for other people, while some will ask you to perform a task to be paid a certain amount of Bitcoin and after performing all the task they will ask you to deposit a certain amount of dollar for you to be eligible to claim it, so you can see that they actually have so many ways and the reason why I have this knowledge was because I have seen people who got scammed through this method and however with the knowledge I have about Bitcoin I don't think I can be lured into a wrong investment platform now.