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How to Avoid Bitcoin Scams

How to Avoid Bitcoin Scams

From snake oil salesmen to cryptocurrencies, whenever there’s a possibility to make money, there are scammers ready to take advantage of people and leave before anyone figures out their true motives. 

It’s easy to think that it won’t happen to us. However, if fake cryptocurrency wallets can make it through Apple’s screening process and end up in the app store, then no one is immune to scammer’s tactics. 

Here are some strategies you can follow to keep from being a victim of scammers.

How Safe Is Your Bitcoin From Hackers?

How Safe Is Your Bitcoin From Hackers?

The recent explosion in the interest of Bitcoin has lead a variety of inexperienced investors putting their money into the digital asset. However, a large number of buyers have no idea what they’re getting into concerning security and protecting their investments.

According to CNBC, Coinbase grew by about 1.9 million users in September and October of last year alone. It’s highly unlikely that most of those users took the proper security measures required to keep their coins safe.