As we are once again returning into memecoin season, and new people are joining the community, it is important to remind ourselves of some of the scams out there, and to be extra careful.
Here are a few key points: - No one from any official support team will DM you first. If they do, it’s 99% a scam - Never give your private key to anyone. That gives the access to all your crypto - No one can give you magical 200% returns in 1 day. Never send crypto to anyone claiming to be able to do so - Don’t send crypto to strangers, you will likely never see it again - Don’t participate in pump and dump schemes. The average investor usually gets screwed here - Do not like you wallet to shady websites or approve any shady contracts
I’m sure there are many more scams to be on the lookout for. Do let me know in the comments if I missed any.
As always, stay safe and happy trading
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