Common scams

In plain words

Nearly every bitcoin scam is one of five plots. Giveaways: "send one, get two" — no one doubles money. Fake support: "tell us your seed words" — no honest company asks. Steady-return platforms: they pay old victims with new deposits, then vanish. Online "friends" steering you to a fake exchange. Copycat wallet apps. The costumes change. The plot never does: your coins, or your words.

Why it matters

• Bitcoin does not reverse. Prevention is the only protection there is.
• Every pitch has a tell: guaranteed returns, urgency, or any ask for seed words.
• Learn five plots and the hundredth variation cannot touch you.

Go deeper

• Phishing
• Verifying downloads
• Seed phrase