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Phishing Attacks in the World of Cryptocurrencies
Phishing: Be careful with fake emails and messages that impersonate trusted companies or people. Never share your personal data or confidential information in response to these messages.
Pump and dump schemes: Avoid investment recommendations in unknown or dubious projects. Do your research thoroughly before purchasing cryptocurrencies and be skeptical of promises of quick profits.
'Gifts', fake promotions, fake press releases: Be careful with fake accounts on social networks that promise gifts or promotions. Check the authenticity of the sources before participating.
Exit scams: Trust regulated platforms and companies. Research the reputation of the entities you trust with your funds and have a backup plan in case something goes wrong.
Fake ICO's: Before investing in an ICO, thoroughly research the project and verify the authenticity of the offer. Don't get carried away by empty promises of future profits.
Fake wallets and exchanges: Use reputable wallets and exchanges. Make sure they are safe and authentic websites before trusting them with your assets.
Education: Learn about cryptocurrencies, how they work and how to acquire them. Understand the technology behind Bitcoin and other cryptocurrencies.
Thorough research: Before investing in a project, thoroughly research its team, technology, and roadmap. Look for reviews and opinions from experts in the field.
Protect your private keys: Never share your private keys with anyone and keep this information in a safe place and out of the reach of others.
Cold wallets: Consider storing a portion of your assets in cold wallets, which are not connected to the Internet and are less vulnerable to cyberattacks.
By following these tips and staying informed, you can significantly reduce your risk of falling for cryptocurrency scams.
