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How to Recognise Scams in the Crypto World.


1. Bitcoin is the a whooping $4k+ so don't think anyone will give you free for any reason. Even Faucets that give free don't do that completely free. You get to complete tasks and at that you get meagre amounts.You could also earn free stuffs from airdrops. If you want to earn you must invest.

2. Never fall for anyone who claims they can give you unreasonable amount of Bitcoin in a short period of time. If they could they wouldn't be on social media posting ads. They would be somewhere spending their monies. They are scams and you lose your money when you send it to them.

3. Always check the profiles of those you are dealing with. Most profiles are fake. You should be able to tell a scam profile from a real one by simply checking for comments by friends on their posts. If there are no comments or very few pictures, then its a fake profile and also check when it was opened. Some profiles show that there were opened years ago but you never see post from those years. Those are scams. Don't fall for them.

4. All so-called miners who want to help you mine directly to your wallet via Ant-Miner S9 are scammers. They simply copy you "backup phrase" and use that to take control of your wallet after you fund it. If they could truly make such gains they would simply create all the wallets in the world and mine to them. Its such a easy scam method. Never fall for it.

5. Never send funds to anybody for any reason. Invest yourself. All so-called Binary Option Traders are Scam.

6. Do your own research before you invest in anything. You cannot get funds back once you lose it.

7. There are HYIPs but only invest if you will be OK with loss. You could invest safely but know that no investment in the world is 100% safe. This kind of program doesn’t last long.

8. You can get rich in the crypto world if you are patient and willing to learn and also if you are a risk taker. Just don't make irrational decisions.

9. If you wanna buy BTC then buy from Established Companies / Exchanges!

You have to find the right business among all. About 95% are scams here ...

Making money is not easy at all regardless if it is offline or online. Once you have the knowledge, you then find the right one which is suitable for you .

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