The crypto world is not far from fraud. It can indeed be quick to make profits, but scams are quicker.
So you must remain cautious, don't rush to make quick profits but be meticulous.
Here are some examples of scams in crypto that happen frequently. So you can stay alert and not become a victim.
1. Phishing Link
Modus: Fake links sent via DM, email, or even Twitter/Telegram comments.
2. Pump and Dump Group
Modus: Telegram/Discord groups invite to buy “secret” coins together, promising “To the moon!”
3. Rug Pull
Modus: New DeFi projects, unclear teams, coins not audited.
4. Giveaway Scam
Modus: Fake Elon Musk live streaming, or verified accounts suddenly giving away ETH.
And don't forget to always,
Use 2FA.
Store your seed phrase.
Scammers don’t sleep, so you shouldn’t be careless either.
