Ilan Tzorya talks about the four common cryptocurrency scams and how one can avoid them.
Ilan Tzorya
Ilan Tzorya is the founder of Legion Run, Chief Executive Officer of the Krypton Capital and million dollar entrepreneur. He had investmented in Crypto related companies, he is also known as 'The King of Crypto' in industry. He is also the founder of Krypton Capital, Global Fintech Solutions. Legion Run is the world's leading digital currency asset manager.
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There are huge number of digital currency investment advisors available globally both physically and online but an Israel based young millionaire entrepreneur and financial adviser Mr Ilan Tzorya helping millions of new and amateur investors to get more return on their investment by using his expertise and skills which he earned by spending his own money at risk.
Mr. Ilan Tzorya is a true example of a self-learning man and dedicated learner, he established his investment in digital currency with small capital under financial advisor and in his early days he loosed all his capital, and that's where he feels the importance of a good financial advisor.
After losing some of his capital, he started doing research and analysis of his own become his own financial advisor and with a very short span of time, he got big return on his investment. In the year 2011, he started his first company in under the name of Global Fintech Solutions which help financial institutions through technically.
Mr. Ilan Tzorya was getting big return on his investment and reputation but he was not satisfied because of his very helpful by nature since childhood so, he decided to become a full-time digital currency investment advisor and helping the new and experienced investor and entrepreneur.
In the early months of year 2017, he founded a new cmpany called Krypton Capital through which he started as a career in digital currency investment advisor and planner and within very short time it becomes a well known financial institution around the globe.
In very short of time Mr. Ilan Tzorya has a huge number of happy clients around the globe and his company billion-dollar business and he is also the founder of Legion Run. The major portion of his clients is from European countries and the United States of America and more. After his huge success in the industry, he often invited by well known financial institutions and events as guest speaker and motivator. He has a great impact on youth and upcoming entrepreneur.
Ilan Tzorya regularly writes useful tips and investment strategies on his personal blog at Ilan Tzorya.net. He is very popular on crptyocurrecny industry and huge no of investor try to connect with him personally which is not possible for him to entertain personally. To solve this he regularly write frequently ask question and tips to earn high return on investment. In this article he shared 4 Common Cryptocurrency Scams And How To Avoid.
As you become involved in the new digital currency known as cryptocurrency, it doesn't take long to recognize there's risk involved in these transactions. And we're not talking about the volatility of the market. Scammer and scamare there globally both offline and online, and cryptocurrency exchanges are no different. Don't trust in initially in different startups and exchange platforms, be aware of the possibilities of losing your cryptocurrency investments.
When we choosing for digital cryptocurrency agency or startups, my recommend is it must be blockchain-powered, it also have indepth transactioanal data. They should have concrate business plans that real time issue and support. They must have their digital currency liquidity and ICO rules. There should be real people behind the company. If any person investing in startup must double check the characteristics and review of it carefully.
Ilan Tzorya explains the most common scams and ways to avoid
Below are the list of important point that every new or amateur crypto trader avoid. Because it is very important to save ourselves from scammers globally to protect our hard earned money.
1- Imposter Websites
Ilan Tzorya say we may be following a solid tip from someone with a lot of expertise but still become a victim by accidently visiting a fake website. There is huge number dublicate websites available online resemblances to reputed website , valid startup companies. Invest must check a small lock icon snear the URL bar and no "https" in the site address stop the deal and double check the website.
Even if the site looks identical to the one you think you're visiting, you may find yourself directed to third party website for payment. For instance, clicked on a web link that seems like a legally approved site, but attackers have created a fake URL with a zero in it instead of a letter 'o'. To prevent this, double check the exact URL you are typing into your browser.
2- Fake Mobile Apps
Another common way scammers trick cryptocurrency investors is through fake apps available for download through Google Play and the Apple App Store according to Ilan Tzorya. Although stakeholders can often quickly find these fake apps and get them removed, that doesn't mean the apps aren't impacting many bottom lines. There are millions of people downloaded the fake cryptocurrency mobile apps, reports Bitcoin News.
It is a mojor risk for Android mobile users, every investor should be aware of the possibility. Are there obvious misspellings in the copy or even the name of the app? Or the name or branding name seems unauthentic with odd color or an incorrect logo? Take note and reconsider downloading.
3- Ilan Tzorya Says Entrusted Other Social Media Updates
If you're following celebrities and executives on social media, you can't be sure that you're not following impostor accounts. It is 100% applies to crypto currencies, where malicious, impersonating bots are rampant. Don't trust blindly on offers that come from social media like Twitter or Facebook and, especially if there seems to be an impossible result. Fake accounts are everywhere.
If someone on these platforms asks for even a small amount of your cryptocurrency, it's likely you can never get it back. Just because others are replying to the offer, don't assume they aren't bots, either. You have to be extra careful.
4- Ilan Tzorya Expalain Scamming Emails
When anyone receive any email resembles exactly to legitimate crypto currency company, double check before investing your digital currency. Is the email the exact same, and are the logo and branding identical? Can you verify that the email address is legitimately connected to the company? The ability to check on this is one reason why it's important to choose a company that has real people working for it.
If you have suspicion about any particular email, try to connect with any employee or representative who works there. Never click on any unaware link you don't have knowledge off or you don't know on your email.
Ilan Tzorya say scammers often announce fake ICOs, or initial coin offerings, as a way to steal substantial funds. Don't fall in their trap of fake email and huge offers websites. Take your time to look over all the details.
It is very sad to say, there are thousand of tricks available over Internet users exploit unsecure computing systems to mine or steal cryptocurrency. Learn more about staying safe and protecting yourself in this emerging market before you start investing in cryptocurrency says Ilan Tzorya.
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