*Title:* 3 Biggest Mistakes to Avoid in P2P Scams - $4,000 Lesson
*Introduction:*
P2P (Peer-to-Peer) trading is a popular way to buy and sell cryptocurrency. However, it also comes with risks. I am sharing my story in which I lost $4,000 in a P2P scam. This article will tell you how to stay safe in P2P trading.
*My Story:*
I decided to sell $USDT on P2P to make money quickly. A buyer approached me who had good reviews and ratings. He sent me a payment receipt that included the transaction ID and other details. I confirmed without verification, and afterward... the money did not arrive.
*3 Big Mistakes:*
1. *Confirming Without Verification:* I confirmed without verifying that the money had arrived in my account. This was the biggest mistake.
2. *Trusting a Screenshot:* The buyer had sent me a screenshot of the payment receipt. I trusted it and confirmed.
3. *Ignoring Gut Feeling in a Rush:* I ignored my gut feeling that something was wrong. If I had been a little patient and verified, I could have avoided this scam.
*Tips to Stay Safe in P2P Trading:*
1. *Do Not Confirm Until Money is in Your Account:* Do not confirm until the money has actually arrived in your account.
2. *Trust Bank Notification or Statement:* Do not trust screenshots. Trust bank notifications or statements.
3. *Do Not Succumb to Buyer Pressure:* If the buyer is rushing you, understand that something is wrong.
*Conclusion:*
It is essential to stay safe in P2P trading. You need to be patient and cautious. If you follow these tips, you can avoid P2P scams.
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