Elderly crypto investors are getting scammed: Teach them these key safety tips

Why are seniors being targeted in crypto scams? Scammers prey on seniors because they view them as financially secure, trusting and less familiar with rapidly evolving technology. Let’s understand why seniors are key targets. Perception of wealth: Many older adults have retirement savings or pensions, making them lucrative targets. Lower tech fluency: Navigating crypto wallets, private keys and blockchain concepts can be intimidating, something scammers exploit source: https://cointelegraph.com/explained/elderly-crypto-investors-are-getting-scammed-teach-them-these-key-safety-tips?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound