7 Tips to Avoid Cryptocurrency and NFT Scams

Money Girl

Macmillan Holdings, LLC

Investing, Education, Business, Entrepreneurship, How To

4.6 • 1.8K Ratings

🗓️ 16 February 2022

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ready to invest in crypto and NFTs but don't want to get scammed? Laura answers listener questions about who should own crypto assets, the potential risks, and how to know when a cybercriminal is trying to take advantage of you. Read the transcript on Quick and Dirty Tips. Check out all the Quick and Dirty Tips shows. Subscribe to the newsletter to get more personal finance tips. Join the conversation on Facebook and Twitter. Links: https://www.quickanddirtytips.com/ https://www.quickanddirtytips.com/podcasts https://www.quickanddirtytips.com/subscribe https://www.facebook.com/MoneyGirlQDT https://twitter.com/LauraAdams

Transcript

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0:00.0	How's it going friends. Thank you for joining me this week. My name is Laura Adams. I'm
0:10.4	a personal finance expert who's been hosting the Money Girl Podcast. It's 2008. And I'm
0:15.6	also the author of several books, including my most recent title, which was an Amazon
0:20.7	number one new release called Money Smart Solo Pranur, a personal finance system for freelancers,
0:26.4	entrepreneurs and side hustlers. It's available as a paperback, e-book, or audiobook,
0:32.2	everywhere books are sold. I'm thrilled that you're spending some time with me today.
0:37.2	The mission here is pretty simple. It's to help you get the knowledge and motivation to prioritize
0:42.0	your finances, build wealth, and have more security and less stress. Every show is designed to make
0:48.9	sure you come away with practical tips and advice to make better money decisions, and hopefully
0:54.5	take your financial life to the next level. If you are enjoying the show, I would love for you to
1:00.6	subscribe, submit a rating, maybe a five-star rating, and consider sending me your money questions
1:06.5	or comments. It's easy to do. Just leave a voicemail at 302-364-0308, or you can email me using my
1:17.2	contact page at LauraDatoms.com. That's my personal website where you can learn a lot more about
1:24.3	me, my work, books, and money courses. And if you're new to the show, you may not realize that
1:31.0	every podcast has a companion blog post that we call the show notes. They're always published
1:36.8	in the MoneyGirl section at quickanddirtytips.com. Today's episode is number 718,
1:43.9	called Seven Tips to Avoid Cryptocurrency and NFT Scams. This show was inspired by some of your
1:51.7	excellent questions. The first one came in from Prakash You, who says your crypto podcast was
1:58.9	fascinating, and the interest rates from BlockFi and Gemini for stablecoins blew my mind.
2:05.0	You mentioned they don't have FDIC insurance. So to get such high rates, what are the risks?
2:12.3	Great question. We're going to get to that. And Susan H says, I love your podcast and listen to
2:18.1	you on my morning walks with my dogs. I'm a 51-year-old married female and have worked as a
	...

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