Is it just me, or does it seem that any time a really great tool comes along that advances humanity for the better there is some jackass that decides to use that same great tool to scam people out of their hard earned money. This pitfall is not a new idea and has been happening since the concept of "mine" was first derived. The scammers are out there in EVERY industry and the emerging world of cryptocurrency is a prime target for a scam. Follow The 'Stache for my top 11 tips to avoid being scammed out of your hard earned cryptocurrency.
- Coin or project is “overly hyped”. If you start to see tons of banners and obvious fake accounts all pushing a new coin and over hyping it make sure you take caution and do research.
- Portrayed as a guaranteed investment. When it comes to investing, there really is no such thing as a "guaranteed" investment. Very rare cases aside, this is a good rule of thumb.
- Only use trusted, peer reviewed software. I try to always use well reviewed, open source software and avoid obscure wallets or desktop software for crypto type stuffs.
KEEP READING ON MY WEBSITE: https://www.cryptostache.com/2018/02/26/11-tips-avoid-scammed-crypto/