The media is constantly announcing various news about Bitcoin, so many people will search the Internet for the what are Cryptocurrencies and about how to buy

There, as you search, you will find major Cryptocurrency scams that you should be suspicious of and read about.

This week as we write the article because it is the fourth message we have received on our YouTube channel from people who have lost money on various sites that promise sure profits and with zero risk, it is really very sad to hear people tell you this.

Bitcoin Phone Scam

One of the well-crafted scams that have been launched by astute people is the easy investment on the Bitcoin, they call you from a foreign country and explain to you about the best investment of your life and tell you that you will not lose the initial capital and that if you register and enter their website with 100€ you will get Bonus 200€ with 500€ Bonus 1000 $ and the amount goes accordingly.

Their purpose is for you to make the deposit and for them to invest, however they will call you almost every day to tell you how well things are going and with an app you will see your money go up daily. Until you ask for your money there they will never answer you their purpose is with the communication you will have gradually put more money so as soon as you ask for it back they will simply disappear.

Fake websites

Another scam that has been made and of course lawsuits but the page is still active is the one with the slogan see how a TV personality managed to make 2 million in 4 months from bitcoin and as soon as you click and read above it is so well designed that it can anyone can press it.

Fake social media

A generally new strategy followed by scammers is to create fake profiles but copy passes with the same followers, photos, similar name and profile photo, and send them to people in order to convince them to invest in Cryptocurrencies in order to steal this money or Cryptocurrencies.

Metamask Scam

Another method scammers do is to create fake contests, with the aim of connecting you to a page that has malware, and in this way they can steal all the money you might have in your metamask wallet.

Fake exchanges

This scam is one of the most dangerous because many people have lost money this way.

they will send you an email saying in the message that it is a new exchange and you won $10.000 in usdt.

They will give you a code and email to enter their page, and as soon as you try to withdraw the money, they will ask you for $300 in shipping costs

As soon as you go to send the $300, it will prompt you again to send $300 again.

My scout's view

That's why you want to learn and invest on Cryptocurrencies you should be very careful and a piece of advice before making any first investment ask other people who work on the subject get advice and in the end see how you will handle it.

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My name is Giorgos Bitsounis and I have been dealing with crypto since 2014 and after several years in 2019 I decided to start this website and YouTube channel with the aim of helping as many people as possible to get started in Cryptocurrencies.

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