Online scam is becoming more popular everyday, people are being scammed of there money and crypto coin, there are different types of online scam and is good we know them so we can be at alert always.

1. Investment scamming: a scammer will tell someone that there's an investment available which there's little or no risk involved and one will get his return in Bitcoin, they make it real and some set of people who always love quick success accept and they get scammed, they may also introduce to you fraudulent mining operations so let's be careful.

2. Phishing Scam: Fraudulent exchange or wallet mimic legitimate cryptocurrency exchanges or wallets to steal users' private keys or login details, I know some set of people may have fallen victim for this one needs to check well before accepting any message or link.


3. Ponzi schemes scam: In a Ponzi scheme they will tell you to start an investment with them and you will be paid weekly or monthly, they use early inventors money to pay the other investors and before the new investors date of payment will be due they have made a lot of money and they will vanish.

4. Impersonation Scam: Scammers pose as celebrities, influencers, or companies offering money giveaways,victims are asked to send money with the promise of receiving more money in return, which never happens, a friend of mine has fallen victim to this, someone impersonated Elon musk and told him his doing a giveaway he did a fake video call with my friend and told him to first of all send money to a particular account using Bitcoin and his going to send him 10 time's the money his sent.

6. Love Scam: scammers develop online relationships and romance and then request payments for fake emergencies such as sickness, accident, gun shot and many other things.

7. Airdrop scam: those of you that are doing airdrops be very careful don't connect those airdrop to the wallet you are using to accumulate Bitcoin because if you do you have given them access to your wallet and they can withdraw your Bitcoin.


Stay safe