save bitcoin safely
save bitcoin safelyOleh: Muh. Sabri Rahman Pada 2015-12-28 20:53:28
Fraudsters are always looking for ways to avoid existing law and regulations. They take advantage of technological innovations and take advantage of people who still don't fully understand certain technologies. Therefore, like new technologies, there are risks associated with digital currencies. We want you to understand the risks and ensure that you do ways to protect yourself and your money.
If you have a digital currency, you will be an attractive target for cyber criminals. Luno will keep your Bitcoin safe. But only you can ensure the security of your password.
‘Phishing’ is an attack where criminals use fake sites that asli look original ’to trick you into entering login details including your password. They then use your password to access your account.
Types of phishing attacks
Phishing through the site. Fraudsters make fake sites to lure you to enter your log in details. Stay alert and don't click fake Google ads. Before entering the details, check the website address carefully to make sure you are at the correct URL.
Phishing via email. Fraudsters will send e-mails that appear genuine and reliable in an effort to convince you to provide your login details. Check the sender's email and make sure you are directed to the original and correct URL site.
Spearphishing. Fraudsters try to get information about certain individuals. If they know you have a digital currency, fraudsters can pretend to be employees of the digital currency company and then contact you by telephone or email.
You might think you would easily recognize this trap and avoid it. But ask yourself, are you 100% sure of every link you have clicked on? Do you dare to risk all of your Bitcoin or Ethereum?
Here are the steps you must take to protect yourself safely.
Always make sure the site address you are visiting is correct and not a fake site
Use two-factor authentication in all Bitcoin wallets and your email address
Use the password manager program
If you use a Gmail account, do a security check
Because digital currency technology is still relatively new, fraudulent investment has emerged that tries to steal your money. You can recognize various forms of fraud under the guise of digital currency investment if you are familiar.
Cloud mining scams
99% of cloud mining operations are always suspicious. Legitimate Bitcoin miners will tell you that the profit margins in mining are very small. No one out there is mining Bitcoin and can produce 10%, 20%, 30% per month as promised by this type of fraud. Avoid this, whatever happens.
Multi-level marketing fraud
If companies promote their referral programs much more aggressively than actual products, chances are that the company is a scam. Usually, they pay old investors to use a new investor's deposit until eventually they will disappear and run away with your money, and only then will the victims realize that they really don't know who they are sending their money to.
Bitcoin "multipliers", or large profit investment programs (Ponzi schemes)
This type of deception assures you that they have found a special method or secret to produce extraordinary profits. Whether it's trading on your behalf, or technical aspects of digital currency. But in reality, they haven't found anything - even if they have done a big secret that is profitable, they don't need your investment, right? These people are very skilled at tricking you. Be careful.
How to recognize fraud
Know in depth before investing in anything. If the promised benefits sound too good to be true, chances are it's just an illusion / fraud. Also check Bad List at badbitcoin.org. If your investment company is here, that means they are fraudsters.
Although this is not related to criminal activity, it is important to note that Bitcoin and other digital currencies are very volatile. Price fluctuations can be potentially detrimental, so it is important for you to risk too much money (more than you can afford). Read our blog article about dollar cost averaging and market turmoil for more information.
Remember that during volatile market movements, erroneous information can spread on news portals, and digital currency companies may experience service disruptions due to high demand. You may not always be able to sell your digital currency whenever you want.