What are some common cryptocurrency scams I should be aware of?
An example of an AI chatbot conversation about cryptocurrency scams to avoid.
What are some common cryptocurrency scams I should be aware of?
There are several common cryptocurrency scams, including Ponzi schemes, phishing attacks, and fake ICOs. Would you like details on any specific type?
Yes, tell me more about phishing attacks.
Phishing attacks often involve fraudulent emails or websites that mimic legitimate services to steal your credentials. Always check URLs and be cautious with links.
How can I protect myself from these scams?
To protect yourself, use two-factor authentication, verify sources before investing, and never share your private keys.
Are there any red flags I should look out for?
Yes, red flags include promises of guaranteed returns, pressure to invest quickly, and lack of transparency about the project.
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