Crypto Scams
How to Avoid Bitcoin and Cryptocurrency Scams (Non Technical Steps in Detecting Crypto Rugpulls and Potential Scam Tokens)
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Every day there's a new hack or scam that robs crypto investors of millions of dollars or NFT owners of highly valuable assets. It's no wonder there are so many people saying crypto currency and blockchain are unsafe and "not to be trusted". It's understandable. In 2021 alone crypto hackers stole over $1billion of assets from investors. Being afraid to make the wrong move with anything related to blockchain technology is actually pretty smart. Here's the thing. There's still a huge opportunity in this space. Cryptocurrencies, NFTs, and other Web3 projects are making money faster than any other...
Every day there's a new hack or scam that robs crypto investors of millions of dollars or NFT owners of highly valuable assets. It's no wonder there are so many people saying crypto currency and blockchain are unsafe and "not to be trusted". It's understandable. In 2021 alone crypto hackers stole over $1billion of assets from investors. Being afraid to make the wrong move with anything related to blockchain technology is actually pretty smart. Here's the thing. There's still a huge opportunity in this space. Cryptocurrencies, NFTs, and other Web3 projects are making money faster than any other financial vehicle. In this guide you'll learn...The simple steps to add extra layers of security that make your assets much harder to steal How to analyse the founding members of new projects to quickly identify obvious rug-pulls The dead giveaway tokenomic breakdowns that are huge red flags for new projects Common indicators from influencers and community members that are found in almost every Web3 crypto scam The information in this guide is important to know. I had to learn that the hard way, and I wish people had done this before I fell for a crypto scam. Now, you can join the effort and potentially help other people like you avoid scams. This guide will also be very useful for anyone who knows of a scummy crypto project, and wants to know how to report them.
