What is the worst way of starting an investment? Jumping in because of peer pressure, FOMO or without conducting proper due diligence. This has always been a thumb rule of various seasoned investors out there. However, its importance has just grown multifold in the cryptoverse. Why? Because it is an unregulated, decentralized territory. This means […]
Tag: online scam
Top 3 Rug Pulls of 2021
This week has been all about rug pulls. Once I managed to create my own token called the “PandaToken“, I realized that how easy it is for someone to execute a rug pull. On the other hand, why is it so difficult for the unsuspecting investors to differentiate between a scam and a legit crypto […]
How to Spot a Rug Pull: 5 Red Flags to Look Out For
The past week has been absolutely phenomenal for me. Not only I was able to save myself from Squid Games fiasco, I also managed to create my own token called the PandaToken. While I do not intend to make money off it in any way, it gave me a very important insight. If a non […]
What is a Rug Pull? How Does it Work?
Another day, another crypto lingo. That’s what I like about this realm. Everyday, a Gen Z would come up with a fresh perspective and an absolutely bizarre way of representing it. One such term that we all have heard about recently, is a Rug Pull. For the uninitiated, after the immense success of Squid Games, […]
Bitpay Crypto Scam: My Personal Experience
The growth of crypto market has been phenomenal in the post pandemic era. Even the people who exhibit patience and discipline of the highest order, felt the FOMO for real. In one of his interviews, Nikhil Kamath (Founder, Zerodha), went on record to mention that if he could change one thing by going back in […]
Online Fraud: How Does it Happen, Prevention and Next Steps
In a very short period of time, India has become the second highest consumer of data, globally. Smartphone penetration is projected to reach to a staggering 820mn by 2020 (source). With internet carrying so many benefits attached to it, we cannot overlook some downsides of the same. One most prominent drawback: India has become a […]