How to Recognise Scams/General Rules in the Cryptospace.
1)Bitcoin is the a whooping 10k+ 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 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.
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.
- If you wanna buy BTC then buy from Coinbase, LUNO, PAXFUL or anyone you know personally. Never deal with someone you don't know.
That's all I can think of for now.
I am a Nigerian and I make this post because my country is continually accused of scam. I am a Nigerian and I am a Crypto-preneur. All nations have scammers but most of those who fall for them are greedy personalities who want to be rich without earning it.
I invest and therefore I earn. I could show you how to invest and get 1.2% daily on BTC or 1.44% daily of LTC or 5% daily on BTC/LTC (HYIP).
In everything, don't be greedy and all make your own research.
You could also donate here if you like to:15PJj9bRZ3qSL6kMos9FsQL2mxvEhzpQvA (Bitcoin Only).
You can find me on Facebook as David Ayo Arloh and on Telegram on +2348140657018 or my Email: Arlohayo911@gmail.com
CRYPTOCURRENCY IS THE FUTURE. 🤞🏿🤞🏿🤞🏿🤞🏿
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