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It bothers me a bit that most people in crypto are not hacked but scammed. Then people are trying to make it look like it is cryptos fault. The truth is that what made them get scammed is their irresponsible use of cryptocurrencies.

All Cryptocurrencies

by COINS NEWS 70 Views

Day by day on diffferent forums I keep seeing people who are getting "hacked" and their crypto stolen.

Meanwhile what made them get "hacked" is their poor usage of computer and crypto security. It is not crypto that is getting hacked, it is you.

Poor usage, weak passwords, suspicious websites linking to the wallet, scammy links in emails are being clicked, investing in shitcoins, not making a burner wallet, not checking addresses for sending/receiving crypto.

Even with these big exchanges scams, being cautious and holding crypto in your own wallet and being fully responsible for it is the way.

So, there is a difference between getting hacked or getting scammed, and people are getting scammed most of the times, then talking how crypto is unsecure, how people are losing money because of it, yet it is their irresponsibility that did it.

Common scams:

  1. Free giveaways - "just pay me the fee and I will send you a lot of money"
  2. Fake exchanges
  3. Suspicious websites
  4. Phising links
  5. Sending seed phrase to support
  6. Social engineering
  7. Shitcoins that are being rugpulled
  8. Not using internet carefully, clickin on a bunch of websites

Also, I feel bad for the dude but - link of article of a dude losing everything.

A man from Canada invested in a crypto he found on youtube video in this order: $250, $2500 and then in couple of months $500,000. Later he had to sell his house to make up for the money scammers stole from him.

As I said I am sorry for the guy, but who invests based on a youtube video and trusts to some people blindly without proper DYOR? This gives crypto a bad picture, yet none of it is a cryptos fault.

Social engineering is also a type of hack, but social engineering is actually people scamming you.

Being your own bank in a decentralized world takes some responsibility, and it crypto really is secure if you use it correctly.

submitted by /u/middlemangv
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