Ever wake up one morning and think to yourself:
“Jeepers self, I know crypto is here to stay, but how can I ensure I do not lose all my money via the zillions of scams online?”
If so you’re definitely not alone – while the world is moving to crypto faster than bricks jump thru skylights, the facts remain that *you* are responsible for securing your crypto…. nobody else!
That’s why you’ll love the following (and be sure to return back once you’re done so you can benefit from the additional resources I uncovered for you):
geekflare.com/finance/security-measures-for-cryptocurrency/
There, you’ll discover goodies like:
“Fake Websites:
They are one of the main ways scammers will try to get away with your crypto. They will set up a phony website that looks very similar to legitimate websites. The branding, the domain, almost everything that legitimate websites have.
With imposter websites like these, it’s nearly impossible for you to tell the difference only if you have a keen eye for details.
In most cases, the scammers will use fake domains to lure you into their sneaky traps. Domain names look so much similar to that of the original websites. But how do you tell the difference between fake and real domains? By taking your time to look for the devil in minor details.
In most cases, these domain names use letters similar to numbers in the real domains and vice versa. For example, replacing the letter’ i’ with the ‘l’ or the number ‘1’….”
and
“…Giveaway Scams
Often you will come across some giveaways on most social media platforms by celebrities or highly followed social media accounts. Scammers have noticed this trend and have started to establish it.
The scammers will use these giveaways as bait and eventually to their trap. As soon as you respond to these giveaways, they will need you to send some crypto to verify your address. And they will promise to give you even more after the verification. But after sending your crypto, you slowly start to realize you have fallen victim to a giveaway scam.
To be on the safe side:
Always be skeptical about crypto giveaways.
You don’t have to send crypto for address verification. So don’t do it.
When giveaways sound too good to be true, they probably are…..”
and more!
Mastering cryptocurrency security is a topic that could make for a grand challenge, cheatsheet, tutorial and more. You could structure it like so:
Step 1.) First, Check Out Ways You Can Be Scammed Regarding Crypto:
Need help with that? Consider:
www.consumer.ftc.gov/articles/what-know-about-cryptocurrency-and-scams
time.com/nextadvisor/investing/cryptocurrency/common-crypto-scams/
www.cnbc.com/2021/12/14/common-defi-crypto-related-scams-and-how-to-protect-your-wallet.html
www.experian.com/blogs/ask-experian/how-to-avoid-cryptocurrency-scams/
www.inverse.com/innovation/bitcoin-fraud-tactics-to-save-yourself-from-the-fake-elon-musks-wip
Next, move to:
Step 2.) Check Out Visual Crypto Security Tutorials
Need resources for that? Check out:
www.youtube.com/watch?v=h6m7psfXxzQ
www.youtube.com/watch?v=x_H8jtFi–w
www.youtube.com/watch?v=2z2xggmeW1A
www.youtube.com/watch?v=M4Q7kita0Nc
www.youtube.com/watch?v=peSLM6ncHMw
Finally, move to:
Step 3.) Armed with the Above, Consider Investing in Crypto!
Need ideas for that? Consider:
www.moneyunder30.com/how-to-invest-in-cryptocurrency
investorjunkie.com/alternative-investments/investing-in-cryptocurrency/
time.com/nextadvisor/investing/cryptocurrency/how-to-invest-in-crypto-without-buying-any-crypto/
www.morningbrew.com/daily/stories/2021/08/03/wanna-cryptonaire
www.onceuponaspecialneedslife.com/how-to-get-started-with-cryptocurrency/
Good stuff!
Your takeaway?
It’s your money… make sure you take the time to truly internalize the security concerns and then move to the next step (should you invest in crypto or not).
Enjoy!
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