If you are thinking of jumping onto the Bitcoin bandwagon, or any type of cryptocurrency, you have to make sure that you are watching out for scams. There are a ton of them out there, including the following:
Fake Bitcoin Exchanges
You have to use a Bitcoin exchange if you want to buy or sell Bitcoins, but not all of them are legitimate. Instead, many of them are created for the sole purpose of taking people’s money. Only use well-known exchanges.
Bitcoins are not exempt from Ponzi sch