- cross-posted to:
- crypto@lemmy.ml
- cross-posted to:
- crypto@lemmy.ml
What is a crypto scam? How not be scammed when trading cryptocurrency? Pissed Consumer interviewed Heidi Chakos, a crypto vlogger and expert with CryptoTips, to find out what young traders should do to avoid cryptocurrency scams.
Step 1: don’t invest in a fiat currency not backed by a government as legal tender.
Done.
Government backing does not imply it’s not a scam. Better answer is to stop placing real value in arbitrary numbers and objects that some organization tells you is valuable.