Beware of Scammers Trying to Help
Most crypto communities live on Discord, which is rife with scam bots trying to "help" you by sending you to legit looking websites. Beware. Many people lose lots of money this way.
A dear friend of mine, who shall remain nameless, messaged me the other day. He missed out on an NFT contest on Twitter and was trying to figure out if there was still a way to get one. He then received a DM from another person on Discord with helpful informaton. He clicked the link. The site looked legimate and there seemed to be a way to buy one of the NFTs for a reasonable cheap price.
Ultimately, he was scammed. Thankfully, for not that much. However, he did feel somewhat embarassed for falling into the trap. Unfortunately, he’s not alone. Even people who have been in the space for a long time have fallen pray to somewhat sophisticated scams.
One word of caution. Beware of ANYONE trying to help you outside of official channels. DMs and Twitter replies are notoriously terrible. But even in official Discord rooms, do not assume anyone there is who they say they are. Instead, you should seek out the official website of the project as well as official notifications, announcements, and articles.
Crypto can be an unforgiving place. The tech changes so frequently and one can feel overwhelmed trying to keep up. But it’s better to stay conservative and slow down instead of trying to rush in and have your wallet drained.
Also, it’s a good idea to not keep all of your funds in a single, soft wallet. Keep most of your funds save in a custodial or hardware wallet solution. Only keep what you can afford to lose in a hot wallet. And practice vigilance, particularly when people are trying to help.