📌 How to identify cryptocurrency scams? and how to protect my assets? 🕵🏻♀
In the digital world, cryptocurrencies have changed the way we invest and move our money. But where there is innovation, there is also deception. Here I explain everything you need to know to avoid falling into scams with crypto assets.
💣 Most common types of scams:
- 🧠 Ponzi schemes: They promise extremely high returns if you bring in new investors. The money does not come from real investments, but from new unsuspecting individuals.
- 🎣 Phishing: Fake emails or websites that mimic known platforms to steal your keys or personal information.
- 📱 Fake apps: Applications that imitate real exchanges but disappear after stealing your funds.
- 🚀 Pump and dump: Artificially inflate the price of a cryptocurrency to sell for profit, leaving buyers with losses.
- 🧨 Rug pulls: Apparently reliable projects that abandon development and keep the investors' money.
🛡️ How to protect yourself
- 🔍 Research before investing: Read reviews, analyze the team behind the project, and check their presence on social media.
- 🗝️ Do not share your private keys: Never. No legitimate person will ask you for them.
- ⚠️ Be wary of things that sound too good: Promises of quickly doubling your investment are often red flags.
- 🏦 Use recognized platforms: Coinbase, Binance, and others with good reputations.
- 🔐 Enable two-factor authentication (2FA): This adds an extra layer of security to your accounts.
💬 Investing in cryptocurrencies can be exciting and profitable, but only if you do it safely. The best weapon against fraud is information. So stay alert, learn every day, and don’t hesitate to ask if something seems suspicious.
