Do not enter the cryptocurrency market if you do not have enough knowledge
According to Iran Economist, cryptocurrency as a type of digital asset has been receiving serious attention in the world for almost 13 years; In the past, of course, in the discussion of assets, we have had intangible assets, which can be referred to software and intellectual capital of individuals and companies. But with the development of blockchain technology, a special type of assets was created, which is called digital assets, and these are exactly like other assets (gold, property, etc.) and the owners are actually the owners, the most famous of these assets being Bitcoin and Ethereum. .
It has been said that the main philosophy of cryptocurrencies is based on decentralization; In the sense that it portrays a new atmosphere in the field of money and other areas, that instead of having a source of people’s trust like institutions such as central banks, it should be replaced by a value based on what the people are willing to do.
In this space, the most targeted areas are the institutions that people turn to to solve their problems, and one of them is the Central Bank. Any money that is exchanged in any country is valued at the credit of the central bank of that country; In other words, if there were no central banks, all current notes, coins and other related items would be devalued.
According to analysts, this emerging phenomenon may have potential risks and problems, and cryptocurrencies have their disadvantages like any other emerging technology; For example, in real estate transactions, problems such as fraud may arise. At this time, we do not say that property or real estate is a problem, but in the cryptocurrency space, due to its emerging nature and the fact that many interested people think they can get rich quickly, it is possible. to be scammed and take advantage of this sense of people. Therefore, its damages are like this, otherwise the blockchain network and digital assets and those that have support and a professional and serious business is behind them, will not harm the society and individuals; But the feeling that people are behind others and want to catch up to them can also be traumatic.
experts They believe that the security of cryptocurrencies at the global level has two aspects; The first point is that the security of this network is guaranteed and no one can question its security and the infrastructure that has been formed over time guarantees the responsibility of network security. But another issue is the frauds that are carried out in this field. In this field, the regulatory bodies in the world have started to formulate regulations and by-laws, but in any case, the technology is growing and people may be abused. .
According to this report, when new technologies are spread and a lot of advertisements are formed around them, some people enter them without updating themselves and based on advertisements and out of ignorance. Further, people who work under the title of fraud networks use this weakness to defraud the victims.
Cryptocurrencies Either cryptocurrencies or tokens are a set of codes that are generated with special algorithms and become valuable based on the fans they have or people’s luck towards them. These tokens are stored in special wallets. Cryptocurrencies are not a complex and difficult process, and the most important thing is their credibility. People who don’t know this market and technology, without knowing the real value of these cryptocurrencies, only measure their receipt and get caught. Therefore, knowing the risks of cryptocurrencies is a very important issue.
Ali Mohammad Rajabi – the head of FATA police’s cyber activities detection center – points to the threat process of the cryptocurrency market and says that the most common crime in the field of cryptocurrencies is that people unknowingly trust some people and give them money to buy cryptocurrencies for them. Some of these scammers and fake experts don’t buy cryptocurrency at all after receiving money and disappear. Others buy cryptocurrency and keep people’s wallet passwords with them and empty the wallet after some time.
But another problem is buying worthless cryptocurrencies or Bitcoins. In this context, there is a process called pump and dump. A Shetcoin is first given away for free and then in a low-value process, it attracts customers and its value rises upward to enter the cryptocurrency market. Fraudsters give credit to it by advertising in cyberspace and using famous people, and people also buy these worthless cryptocurrencies; After some time, that famous person withdraws from the project and the cryptocurrency falls. The purchase of Shatcoin has also increased and the volume of many people who lose is affected by this issue.
The next thing is getting caught by malware. In this case, the criminals design a fake wallet and use various methods such as social engineering to make the person install the malware, and then the hacker, after receiving the wallet information, empties it; This is like a phishing.
According to this report, the next risk in this field is phishing in exchanges. People use exchanges to exchange currency; In this method, criminals create a site completely similar to the original exchange and, like the previous method, they empty the original account information. One of the risks in this field is that we do not have access to many international exchanges due to sanctions, and they confiscate and sanction our assets and block our accounts. In this situation, the person will no longer have access to his assets. Some people created identities in neighboring countries to bypass the embargo, but after a while these identities disappeared and today people can no longer withdraw their assets.
The next risky case is the hacking of wallets or user accounts in exchanges; Therefore, everyone who enters this field should know that he is facing these threats; The process of dealing with these crimes is also very complicated in FATA police because many criminals are outside the country and there is no identity and these cases are mostly international.
From the point of view of psychology, perhaps greed causes people to be drawn to these markets, and some people trust and lose their capital due to optimism. To enter the cryptocurrency market, a lot of knowledge is needed in the fields of security, economic market analysis and information technology, and if people do not have this knowledge, they should avoid entering it. Also, the issues of cryptocurrencies have been extended to “Metaverse” and many frauds are carried out in Metaverse under the title of buying land, etc., which people should be careful of and know that it is of no use to them.
People can also refer to the police website to report violations, where operators chat with users 24 hours a day, and in addition, there is a number 096380 for advice in this field.