2. Phishing Scams: One Click & You’re Broke

“Your wallet has been compromised…”

Sound familiar? That fake email or DM from MetaMask or Binance is trying to steal your seed phrase—and your entire portfolio.

Latest Trick:

Scammers impersonate support agents or influencers and ask you to “verify” your wallet. Big NOPE!

Never share your seed phrase!

It’s the crypto version of your ATM PIN + your home address + your mom’s maiden name all rolled into one.

3. Pump & Dump: The Influencer Trap

They said “This token is going to the moon!”

Guess what? They sold while you were buying.

Behind the scenes:

Private Telegram groups & shady influencers orchestrate pump-and-dump schemes. You FOMO in. They cash out.

Result:

You’re holding a bag heavier than your student loans.

Pro tip:

If it pumps too fast, it dumps even faster!