‘Virtual wallet’ warning to crypto money investors

Kadir Kurtuluş, Chairman of the Eurasia Blockchain and Digital Currency Research Association, warned crypto money investors to be careful against virtual fraud.

Kurtulus, who attended the Turkey Entrepreneurs Meeting Summit and Exhibition in Konya, made evaluations about the sector to the AA correspondent. Stating that the economic setup has changed with blockchain and cryptocurrencies, Kurtuluş emphasized that economies based on reserves have been shifted to economies based on transactions.

Noting that we are going through a period when assets and values ​​change hands, Kurtuluş said, “We talked to entrepreneurs about bockchain technology. Turkey is among the few countries in the world interested in cryptocurrencies. We should not look at this field as ‘trading’, but also talk about its infrastructure and what is produced. “It is important that we have financial technology companies. Turkey is developing very rapidly in the field of financial technology, the number of companies has increased a lot. The structure of banks is cumbersome, financial technology companies start-ups are faster. They have created a great value.” he said.



Listing his suggestions for crypto money investors, Kurtuluş said:

“If you don’t know about crypto money, don’t invest unconsciously. Crypto money is a very risky investment tool. Its standards are like that. If you say ‘I trade’, don’t start it at all. Do not get into this business by taking out loans or borrowing. Be in this market, but research and examine it well. Pay attention to the stock markets. The crypto money you will invest should not exceed 20 percent of all your investments. Invest in cryptocurrencies whose technology you trust, not buy and sell.

Keep cryptocurrency in your own wallet. When trying to enter your wallet on the Internet, do not click on the first advertisement and write your wallet number. Pay attention to the security of the phones too. These are very important and you must protect the investment first.”

Stating that some victims of fraud applied to them, Kurtuluş said, “A lady with a large amount of investment recently clicked on the advertisement while trying to access her wallet, and they emptied some of her money.” said.


Source: bigpara- GÜNDEM by bigpara.hurriyet.com.tr.

*The article has been translated based on the content of bigpara- GÜNDEM by bigpara.hurriyet.com.tr. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!