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The Most Common Cryptocurrency Scams New Investors Should Be Aware Of

admin January 5, 2023

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, 2023-01-05 11:34:27,

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1 5 Common Scams New Investors Should Be Aware Of When Looking To Invest In Cryptocurrency
1.1 “Crypto Influencers”
dima_sidelnikov / Deposit Photos

With the new year comes new budding investors, many of which may have begun looking to expanding their portfolios into digital currencies – cryptocurrency. However, with every fresh and wide eyed investor leaves opportunity for scammers to catch-out unsuspecting people into parting with their money.

Experts from dappGambl want to educate new investors on the most common cryptocurrency scams which they may be targeted with as well as provide some helpful tips to protect them from these scams.

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5 Common Scams New Investors Should Be Aware Of When Looking To Invest In Cryptocurrency

  1. “Crypto Influencers”

Crypto influencers are problematic because they promote tokens they own and then dump them on their followers. This is an issue because the industry is not regulated, making it easy for influential people to take…

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