When it comes to investing in cryptocurrency, there are a number of scams that you need to be aware of. Here are some tips on how to avoid them. One of the most common crypto scams is the Ponzi scheme. This is where someone promises investors high returns for their investment but instead uses their money to pay off other investors. Another popular scam is phishing, where scammers send emails or messages pretending to be from a legitimate source in order to get people to share personal information or buy something. Finally, always be careful of anyone promising guaranteed profits from cryptocurrency investing. There are no guarantees in the world of investing, so if someone says they can guarantee you profits, they're likely trying to scam you.