#1: Don’t Invest in Crypto
Let’s get this out of the way. Not to sound like a high school health teacher but just as we know that the surest way to avoid gonorrhea is to practice abstinence, I would argue that the surest way to avoid losing your life savings in a cryptocurrency scam is to not invest in cryptocurrency at all.
You’ve heard this from us before, but we’ll say it again: Many people—particularly those in the financial industry—have warned that crypto itself is basically a big scam…or, at least, that it’s a vacuous bubble doomed to implode (someday).
Whether you choose to listen to the likes of Warren Buffet or to Peter Thiel is up to you, but I would personally advise a Web3-free lifestyle.
