What is your opinion about safety and trust in crypto.

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What is your opinion about safety and trust in crypto.

If we're being honest, crypto is what you can call the "wild west" because any mistake, no matter how small, can ruin you.

It's worse if you're new, and you're still trying to understand how it works, asides the fact that you don't know a lot, there are people constantly out to get you, and one slip can mean getting scammed of everything you own.

But like most things there are two sides to this, you can also benefit a lot from interacting with crypto in many ways, it also helps that there are forums and subs online like this one, that makes interacting with crypto a lot easier.

I cannot count the amount of times, I've seen threads here talking about different ways to approach crypto securely, and protect yourself from scams.

I know crypto can be brutal but I've seen a lot of actions taken in good faith, I remember when they started payouts for FTX victims recently, I saw on X that some of them that showed their compensation application got an extra 2500 USDT from CEX like Bitget.

Even today, I've seen articles about exchanges supporting the one that recently got hacked, and all of this just signals that it's not all bad in crypto, even though I agree that there's a lot more people with bad intentions in the space.

submitted by /u/minibuddy0
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