Rise of Crypto and beware of its crimes

in LeoFinance3 years ago (edited)

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The progress of the increase in crypto prices is a blessing for the perpetrators. It is undeniable that after falling deep at the bottom, the rising value of crypto has made people excited again to be active in this industry. Everyone will be able to see an opportunity to increase prosperity. All activities that use crypto are certainly growing to achieve their respective goals.
However, on the other hand, we also see that there are some irresponsible people who try to commit crimes. Various frauds and crimes also occur in the crypto world. We often hear, read or know the number of victims of phishing or scamming. All of that needs attention for crypto players, especially new players.

Realize Risk

We should not only look at the benefits when cryptocurrencies have a high price. Crypto players should be fully aware that cryptocurrencies have very high fluctuations. So that we can be wise in investing in crypto. Don't let us feel happy without calculating the chances of falling when the price drops far.

Selecting Assets

Selection of the right assets will avoid criminal acts. At least we have to know which assets are the safest for us to buy and become our investment fields. don't let the greetings choose an unofficial asset so that we don't know it well. Bad things happened to the victims of E-Dinar Coin Cash (EDCCash), because they didn't know the details and only hoped for a profit from the capital issued.
To be more secure we need to know which assets have good prospects and legally have more adequate protection. As an Indonesian, of course I recommend studying the assets registered with the Badan Pengawas Perdagangan Berjangka Komoditi (Bappebti)
(Commodity Futures Trading Regulatory Agency (CoFTRA))

Don't be easily tempted

Crypto criminals or crypto investments always provide fantastic interest rates, plus member recruitment bonuses. This is often a trap that blinds the number of victims. Therefore, state financial institutions always remind the public to always be vigilant to avoid crimes in the crypto world. The point is we should not be easily tempted by this trapping seduction.

Those are some things that I can say in the hope that I can contribute to public awareness so that they avoid crypto-based crimes.
Thus my writing this time may be useful.
Best regard from Indonesia
@rokhani

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