Lesson 05 12 min read

Security & Scams

Protecting your money is more important than making profit. Learn how to stay safe.

Progress: 5 of 15

Security Matters More Than Profit

Losing your crypto to a scam or hack is permanent. Focus on protection first.

Most Common Scams

1. Phishing Attacks

Fake websites and messages that trick you into giving your seed phrase or password.

2. Fake Giveaways & Impersonation

“Send 1 BTC and get 2 back” scams. Never true.

3. Rug Pulls

New projects where creators suddenly drain all the money and disappear.

10 Golden Security Rules

1. Never share your seed phrase
2. Use hardware wallet for large amounts
3. Double-check website URLs
4. Enable 2FA everywhere
5. Keep seed phrase offline
6. Be skeptical of unsolicited offers
7. Only use reputable exchanges
8. Never click random links

Red Flags to Watch For

  • ⚠️ Promises of guaranteed high returns
  • ⚠️ Pressure to act quickly
  • ⚠️ Anyone asking for your seed phrase
  • ⚠️ Unsolicited messages on Telegram/WhatsApp

Key Takeaway

In crypto, security is your responsibility. Stay vigilant, never share your keys, and if something sounds too good to be true — it almost always is.

Quick Summary

  • Security > Profit
  • Never share seed phrase
  • Use hardware wallets for big amounts
  • If in doubt — don’t do it
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