Cryptocurrency scams- Easy explanation

This is a video on “What are Cryptocurrency scams and how we can safeguard ourselves!”.
#crypto #scam #wallstreetmojo #cryptocurrency #cryptoscam

Chapters:
00:00 - Introduction
00:47 - What are cryptocurrency scams?
01:10 - What are Fake investment schemes?
01:40 - What are Rug pull scams?
02:23 - What are Romance scams?
03:04 - What are Phishing scams?
03:36 - What are social media giveaway scams?
04:14 - How to identify if you are being scammed?
05:13 - Conclusion

(Explained in detail in the video)
According to a CNBC report, more than 46,000 people have lost over $1 billion in crypto scams.
Cryptocurrencies have surely gained the attention of people, but it has also gained the attention of scammers.

These scammers are responsible for the rampant crypto scams that are targeting innocent people around the world.
The crypto scams are just like any other financial scams, people fall for the various tactics used by the scammers, and they lose their money.
There are many tactics that these scammers use:
(Explained in detail in the video)
1. Fake investment schemes
2. Rug pull scams
3. Romance scams
4. Phishing scams
5. Social media giveaway scams

(Explained in detail in the video)
No matter what tactics the scammers use, there are some red flags that you can spot and save yourself from falling prey to them.

1. No one can ever guarantee any return or profit be it in anything, let alone in crypto.
2. Anyone offering you free money is basically out there to scam you.
3. Don’t trust anyone who is not ready to give you complete details of the investment.
4. Before you invest your money into anything, make sure that you do your own research to ensure that it is all genuine.
5. Anyone who approaches you claiming to grow your investments is most probably a scammer.

(Explained in detail in the video)

This was all about crypto scams that you need to be aware of.
We regularly upload videos on topics including crypto, finance, etc.
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[SmonCat]

Thanks for the video Have you seen Farcana mini? In general, the project is a p2e battle royale. The project is still in development, but now you can play a mini-game and win prizes. Would be interested in a review from you

[PatrizioCausey]

Thanks for sharing such valuable information! I have a quick question: My OKX wallet holds some USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What's the best way to send them to Binance?

[Afromontana]

We all need to be really careful so you guys won’t be a victim of these Ponzi schemes. I was once a victim but I truly have learnt my lessons.
Before going into any thing of such at least you should pray to God for guidance, I truly know affliction will never rise again.
Satisfaction with what you have should be your first priority, on like I earn 22 percent weekly profit of my invested capital I’m grateful to God for leading me through the right path

[franklingrey]

Just when i thought I’ve lost my account and tones of cryptos, I recovered it back after reaching out to *Grindtechiei* they’re the best when it comes to retrieval of scammed funds