How do I avoid scams in cryptocurrncies

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How do I avoid scams in cryptocurrencies

• Blockchainx

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• Build a token bridge In this sense, Pereira
  pointed out that, although investment in
  cryptocurrencies is usually safe due to its
  traceability and difficulty in hacking, scams
  usually occur due to misuse or delivery of
  personal information or trust in unrecognized
  platforms in the market. Therefore, the risks
  associated with this type of digital investment
  can be classified according to different
  criteria

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• Most common types of scams
• The Academic Director of Blockchain Academy Chile
  , Cristóbal Pereira, also referred to the most
  common types and routes of scams and fraud that
  will allow us to be alert regarding the different
  investment offers that hide various scam
  formats, where many times changes the support,
  but the mode of operation remains for Build a
  cross chain development services

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• Pump-and-dump
• This is a sophisticated type of scam where
  developers build a seemingly legitimate
  crypto-related project and then suddenly lose
  their liquidity doubting the projects own
  developers, who take the money into their
  personal wallets.
• Build a cross chain bridge Scammers impersonate
  celebrities or create fake accounts to encourage
  their followers to invest in fake projects. In
  2021, a scam became popular in which Elon Musk
  was impersonated in a campaign promising free
  bitcoins. Some 2 million was lost in the hands
  of the scammers.

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