How to Keep Your Bitcoins Safe? avoiding scam, theft and fraud (2024 Updated)

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There are numerous types of Bitcoin scams out there. Here’s how to avoid them.
If you want a more detailed review about how to identify scams and avoid fraud or theft, keep watching the video. Here’s what I’ll cover:

0:00 Intro
0:47 Is Bitcoin safe?
1:45 The most important Bitcoin safety tip
2:42 Storing large amounts of Bitcoin
2:55 How to avoid losing your Bitcoins
3:56 Why to backup your private key
4:23 How to avoid Bitcoin theft
4:53 Rules for a strong password
6:01 Using 2FA
7:03 Using secure networks
7:55 Using secure sites
8:11 Avoiding Bitcoin scams
10:21 Ponzi schemes
10:55 The Bitcoin Scam Test
11:13 Additional safety tips
12:24 Recap and conclusion

Here’s how to avoid the various types of Bitcoin scams:
– Never expose your private key / seed phrase.
– Use the Bitcoin Scam Test before using any unknown service.
– Make sure you’re not logging into a phishing site.
– Have strong unique passwords to all related accounts.
– Enable 2FA on related accounts.
– Use a VPN or secure network to connect to your Bitcoin accounts.

That’s how to avoid scams in a nutshell.

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