@r2000
How To Spot crypto Scam!!!!???
Hello read.cashers how you doin’? Today I am writing about some of most popular scams which may make you loose you crypto currency. In the world of internet and technology and the value of crypto make some bad guy make more money from scamming. If you are aware enough you can recognize these most common scams. Let’s get into some popular scams Pyramid and ponzi schemes Usually these types of scams involved lending/ staking programs and encourage reinvesting profits. If promised returns are too good to be true, stay away. You can easily find these type of scams in form of ads and websites.
Phishing Emails pretending to be from a person or company you trust, such as an exchange site or wallet you use or any site that you visit regularly., Never click on a link to an exchange from an email. Always go to the exchange site first and be sure to use 2FA.
Cloud Mining Pools Fake pools will promise unusually high returns, ask you to pay upfront, and/ or lock you into contract lasting several months to one year. The best strategy here is to stick to well-known pools, preferably one that was referred to you by a trusted source. Pump and Dump Groups Don’t get caught holding a large bag of coins after organizers have made their profit. The best strategy have to avoid these group entirely. Fake ICOs Since almost anyone can write a white paper or have one written, make sure you research ICOs thoroughly! Drill down on the team, their profiles, the roadmap, and online medial coverage.
Phone Scams Most exchanges do not provide phone support so if you receive a call from an exchange, do not give them your wallet and other personal information. Also, do not search for support number online- many go directly to scammers. **To avoid such scams don't trust anyone who you met online.** Check if website is Http secured. Do some research on your own or ask other experienced person, or you can simply ask on internet it's full of question and answer as well. Use vpn and 2FA while using public wifi. There are other many ways you can be scammed. I wanna suggest you be aware when you use internet and don't compromise security and privacy. YOUR DATA IS THE NEW GOLD FOR SCAMMERS/HACKERS & BIG COMPANIES !!!!KEEP IT SAFE!!
13 comments
Thanks for the tip, I'll share the good news
thank you so much
How do I know if it is Http secured? Cos I have been scammed before by online crypto doubling site (crypto emirate)
you will see a lock icon at starting of link look up just like there is a lock or secure icoin read.cash.@200/how...... i exactly don't know about crypto emirate but most of doubling site pay for few time and encourage you to deposit more amount and they won't pay next. Genuinely i wont say any doubling site legit cause it will definitely stop paying after some time yes you can earn daily by interest, staking and investing but if anyone is offering scheme like 100%,200% they can't pay for long term.
😭 I lost 0.3 ETH to the site
if someone offers you 2x, 3x overnight that probably a scam , it's not possible yes they pay for few time i have lost some bitcoin several time(it so sad that were earn hardly) and i learned almost everyone of them do same
Chai!🤧
I was to be scam before when i joined a mining site before... thanks god i only invest a lil amount of money... thats why im very carefull now a day interms of investing..... thank you for this article very informative :)
Be aware while investing
yup im more careful this day in investing.. thank you
have good time
We need to be careful on the internet a lot of scams.
Yes, we have to surf internet wisely internet is full of scam