Here Are 3 Crypto Scams That You WILL Fall For

In video we cover the best ways to keep your crypto safe, away from hackers and scammers!

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0:00 - Intro
1:15 - Don't Click Links In Messages
5:52 - Double Check Every Website
12:24 - Don't Trust Endorsements
14:11 - Closing Thoughts

​​#crypto #scams #safety

OVERVIEW:

We are going over common crypto scams, and how to avoid them entirely. There are 3 main things you can do to not fall prey to these. First is don't click links in emails or messages. Second is double check every website you visit. Both will send you to fake websites that will steal your data that gives a scammer or hacker full access to your digital assets. Lastly, don't trust endorsements from celebrities or influencers.

In order to protect your cryptocurrency from hackers or any external threats, it is important to understand the types of wallets available and how to protect your private keys.

Storing private keys in a cold wallet, also known as a hardware wallet, is the most viable option because the cold wallet is encrypted, which keeps the keys secure. Exchange wallets are the most secure way to store bitcoins or other cryptocurrencies. Software wallets are one of the most popular ways to store bitcoins among mobile users as many of them can be used to manage a wide range of cryptocurrencies from most mobile devices.

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The Most Common Crypto SCAMS & How To Avoid Them

Legal Disclosure: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. Please be careful!

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