Confused about crypto currencies like Bitcoin and Ethereum? You're actually not alone on this one. Before you invest or use crypto currency, know what distinguishes it from cash and other payments methods, and also how to spot scams and also detect cryptocurrency accounts that may be compromised. All that, you will find in this article.

Scammers would always come up with new ways to steal your money using cryptocurrency. One sure sign of a scam is anyone who says you 'HAVE' to pay by cryptocurrency. In fact, anyone who tells you to make payment by "wire transfer, gift card, or cryptocurrency is a scammer". Of course if you pay using crypto there is almost no way for you to get your money back which is what the scammer is counting on.

Investment And Business Opportunity Scams.

• Some companies promise that you can earn lots of money in a short time and achieve financial breakthrough.

• Some scammers tell you to pay in cryptocurrencies for the right to recruit others into a program. If you do so, they say, you'll get recruitment rewards paid in cryptocurrency. The more cryptocurrency you pay, the more money they promise you'll make. But all these are fake promises and false guarantees.

• Some scammers start with unsolicited offers from supposed "investment managers". These scammers propose an offer to help you grow your money (which is not true), 'if you give them the cryptocurrency you've bought'. But once you log in to the "investment account" they opened, you'll find that you cannot withdraw the money unless you pay the fees which they might tell you to pay.

I sincerely hope that we all be careful and also follow this points I've outlined carefully.

Lastly we should beware of internet scammers. They are actually every where, on different sites. We should not let our love for money get to us negatively. PEACE.✌️