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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: altcoinanalyst1 on May 25, 2018, 02:46:56 PM



Title: Avoid cryptocurrency scams
Post by: altcoinanalyst1 on May 25, 2018, 02:46:56 PM
Hello, the news of growing numbers of cryptocurrency scams is really terrifying for the investors and holders. Can you suggest me how can I avoid this scams.


Title: Re: Avoid cryptocurrency scams
Post by: snapee11 on May 25, 2018, 03:43:52 PM
Website and their transparency could be the terms of their authenticity.


Title: Re: Avoid cryptocurrency scams
Post by: inyakizuryel on May 25, 2018, 03:46:26 PM
Hello, the news of growing numbers of cryptocurrency scams is really terrifying for the investors and holders. Can you suggest me how can I avoid this scams.
Good platforms, website transparency, great team members and good bounty managers, that will be your basis when it comes to where you need to put your money on this industry, just liek stock exchange, you must first know the company you are investing with so that you will not be scammed.


Title: Re: Avoid cryptocurrency scams
Post by: cherryganda on May 25, 2018, 03:49:59 PM
Hello, the news of growing numbers of cryptocurrency scams is really terrifying for the investors and holders. Can you suggest me how can I avoid this scams.
Good platforms, website transparency, great team members and good bounty managers, that will be your basis when it comes to where you need to put your money on this industry, just liek stock exchange, you must first know the company you are investing with so that you will not be scammed.

add this to your list.
unique platform, the country where the team located or the project.
team members and developer is also a big account to have.
for you to avoid scams, make sure to study well the project and persons behind it.


Title: Re: Avoid cryptocurrency scams
Post by: lutcor on May 25, 2018, 03:51:03 PM
We all want to avoid this, but today many people still come across similar projects and there are a lot of such projects, because today there are no services that would filter these projects, today many projects just do what they collect money.


Title: Re: Avoid cryptocurrency scams
Post by: Probinus on May 25, 2018, 03:56:19 PM
Hello, the news of growing numbers of cryptocurrency scams is really terrifying for the investors and holders. Can you suggest me how can I avoid this scams.
Good platforms, website transparency, great team members and good bounty managers, that will be your basis when it comes to where you need to put your money on this industry, just liek stock exchange, you must first know the company you are investing with so that you will not be scammed.

add this to your list.
unique platform, the country where the team located or the project.
team members and developer is also a big account to have.
for you to avoid scams, make sure to study well the project and persons behind it.
I don't think good and unique platform would be enough. Think and ask yourself and maybe do some research, see if the project would really be possible. Most of the times, if projects are too good to be true, that project would turn out to be a scam.


Title: Re: Avoid cryptocurrency scams
Post by: Soroskatona on May 25, 2018, 04:09:22 PM
There are some points how you can determine if something is a scam. check:
Whitepaper, their team, the validity of the idea, ratings, try to find something really outstanding, which is completely unreal.


Title: Re: Avoid cryptocurrency scams
Post by: Omooba098 on May 25, 2018, 04:16:35 PM
Hello, the news of growing numbers of cryptocurrency scams is really terrifying for the investors and holders. Can you suggest me how can I avoid this scams.

Don't feel too lazy, there are quite number of threads created to solve your question. Read carefully through those threads. Having said that,  Website and the transparency of those ICOs could be the terms of their authenticity.


Title: Re: Avoid cryptocurrency scams
Post by: alexhitch20 on May 25, 2018, 05:04:25 PM
Most of them seem fairly obvious, anything too good to be true.


Title: Re: Avoid cryptocurrency scams
Post by: thanhqn on May 25, 2018, 05:11:31 PM
I do not know how to fight a cryptocurrency scam. I usually evaluate the cryptocurrency through the team, the roadmap, the whitepaper, the idea and the technology they aim for. A strong cryptocurrency that will have teams, roadmap, whitepaper, technology and what they look for in the future will help their cryptocurrency coin to be transparent and avoid being mistaken for a cryptocurrency fraud.


Title: Re: Avoid cryptocurrency scams
Post by: HadadC on May 25, 2018, 05:15:05 PM
Its very hard to avoid scams. Generally , you dont know that if there 'll be scam.But you should deep research and be careful.Every scam has experince.


Title: Re: Avoid cryptocurrency scams
Post by: ss890 on May 25, 2018, 05:27:50 PM
Hello, the news of growing numbers of cryptocurrency scams is really terrifying for the investors and holders. Can you suggest me how can I avoid this scams.

You can't really avoid the scams but you can minimise the risk of getting scammed by proper research over the project that you are investing into. I men that is also not the conclusive proof of the legitimacy but the problem is you have to take at least 50% chance to see where you have inserted your money. If you smell something fishy then try to get out of the project and if it is not possible to do so then you just landed into another 50% where the risk was highest one.

That is the way of crypto currency woking and thats all because of greedy people who just wanna cheat on the legit investors and steal their money.


Title: Re: Avoid cryptocurrency scams
Post by: mirgo1791 on May 25, 2018, 06:13:46 PM
report from expert as possessing use with details of news on intelligence as returns with manage of evaluation with customs of tasks as displacing use with indication as referring unit of objectives.


Title: Re: Avoid cryptocurrency scams
Post by: fmboyzz on May 25, 2018, 06:21:17 PM
Who is behind the operation? Is the team made up of well-known members of the digital assets community? What does their GitHub repository look like — is it impressive, lacking, or private?  If the answer is yes/positive, then this may be a legit project.


Title: Re: Avoid cryptocurrency scams
Post by: OluwaTosin10 on May 25, 2018, 06:25:02 PM
Hello, the news of growing numbers of cryptocurrency scams is really terrifying for the investors and holders. Can you suggest me how can I avoid this scams.


This is very easy.

Avoid phishing links, sites
Avoid tempting offers
Avoid exposing your private keys, Avoid misplacing your gadgets.

Then be sure to avoid fake forms.

Thats all i believe.


Title: Re: Avoid cryptocurrency scams
Post by: vasil777 on May 25, 2018, 06:28:09 PM
Hello, the news of growing numbers of cryptocurrency scams is really terrifying for the investors and holders. Can you suggest me how can I avoid this scams.
So now in the crypto world there is really a lot of fraud and it is very easy to fall victim to fraudsters. I think you need to be very attentive and then you will be in vain. Never enter your personal details anywhere!


Title: Re: Avoid cryptocurrency scams
Post by: nerlial on May 25, 2018, 06:28:57 PM
I think the only way to avoid scammers is to check any project or a crypto exchange or anything you go to invest in. Find information in the entire Internet. If there is no information or little I would not have invested there.


Title: Re: Avoid cryptocurrency scams
Post by: Encelad on May 25, 2018, 06:29:08 PM
This fact is really terrible. More and more information is being received about scam in the cryptosphere. I am sure that there is already a ready decision how to put an end to this. But the situation around this problem has frozen. There is a feeling that this situation is beneficial to those who are against the cryptocurrencies. Thus, these people try to frighten investors and reduce interest in cryptocurrencies.


Title: Re: Avoid cryptocurrency scams
Post by: pnqwiuha on May 25, 2018, 06:39:57 PM
Try to make your PC a special PC that you use in the encrypted world. Do not click on suspicious links, especially when sending and receiving mail. Do not transfer all your coins to the exchange, then turn around only when trading.


Title: Re: Avoid cryptocurrency scams
Post by: Crypcar10290 on May 25, 2018, 06:54:17 PM
Hello, the news of growing numbers of cryptocurrency scams is really terrifying for the investors and holders. Can you suggest me how can I avoid this scams.
You are right, the number of scams in crypto is climbing by the day, scammers in crypto is a big problem that needs to be resolved; the lack of regulations give lots of opportunities for scam projects, and as it seems that it is hard for governments to regulate crypto, one of the solutions would be people being more careful against scammers, to do so they need to learn and spend time studying about crypto. People will be forced to learn and be more careful or will be victims of scammer. I would suggest to take the time and study about any specific project before investing, look for the website, road map, whitepaper,  team members, and social media channels.


Title: Re: Avoid cryptocurrency scams
Post by: aundroid on May 25, 2018, 07:07:57 PM
I made a Thread about Crypt Scams here: https://bitcointalk.org/index.php?topic=4264404.msg38541432#msg38541432

Will keep it up- to- date and add more stuff over time!

If you have any questions, ask in the Thread above.
Stay Safe Online


Title: Re: Avoid cryptocurrency scams
Post by: abake on May 25, 2018, 07:12:27 PM
The number is seriously growing as a matter of fact and the only way to avoid it is by taking precautions which is cleared to almost everyone even newbies like me.
* Try to stay away from clicking on every link you received in your email without verifying.
* Don’t give out your private key
* Avoid phishing website


Title: Re: Avoid cryptocurrency scams
Post by: Just John on May 25, 2018, 08:59:55 PM
To avoid being scammed and having your coins stolen you should always make sure to check that you are on the right site before you put in your passwords or your private key. Don't click on suspicious links offering you free cryptos for doing nothing or links that offer you free cryptos if you put a certain amount of crypto in it.


Title: Re: Avoid cryptocurrency scams
Post by: dollarneed on May 25, 2018, 10:05:43 PM
Hello, the news of growing numbers of cryptocurrency scams is really terrifying for the investors and holders. Can you suggest me how can I avoid this scams.
To be honest it's really hard to find out whether the project is scam or not, however you can make your own research about people behind the project (check their profile, LinkedIn account, etc) I think this is the most important, checking some feedbacks on the internet, asking the community, learn their whitepaper etc, one thing is for sure there is no guarantee that the project is completely legit.


Title: Re: Avoid cryptocurrency scams
Post by: cryptotezi on May 26, 2018, 12:11:19 PM
Scammers are everywhere around the internet and they are trying to break the system and snatch your everything. So in order to keep your account safe you have to be sharp to identify the fake one and the real one. You always follow the lawful things and sites, people are used to. And do not visit or click unauthorized site or link. And most importantly do not grad any attractive offer without proper verification. 


Title: Re: Avoid cryptocurrency scams
Post by: EmJay on May 26, 2018, 12:24:45 PM
Hello, the news of growing numbers of cryptocurrency scams is really terrifying for the investors and holders. Can you suggest me how can I avoid this scams.

I think thorough research of the ICO you want to invest is the best thing to do to avoid being scammed. Transparency also of one project. You can also check the concept , whitepaper , things like that before investing into it. I agree with you that nowadays scammers are everywhere , so we must be careful and be wise enough not to be scammed.


Title: Re: Avoid cryptocurrency scams
Post by: cryptoroi on May 27, 2018, 06:22:09 AM
Actually, scams are spreaded all over and it's quite difficult to avoid it. Sometimes, people post various things without any valid links and those are mostly scams. A software should be established to eradicate this scams.


Title: Re: Avoid cryptocurrency scams
Post by: samiraetn on May 27, 2018, 07:05:31 AM
Yes it is becoming very tough to understand if it is a scam. I have few tips for you on this. You can do a thorough research on the team members. See if the website is clear enough and disclose every thing to the investors. And finally look if the project is a possible one.Most of the scams have some sort of impossible projects which are impossible to accomplish.


Title: Re: Avoid cryptocurrency scams
Post by: zxrcoin on May 27, 2018, 09:00:45 AM
At first, before investing on any cryptocurrency make a thorough research on it first. See the background community. The larger the community, the more secure the coin is. Lastly, read all the papers thoroughly.


Title: Re: Avoid cryptocurrency scams
Post by: creeps on May 27, 2018, 09:08:28 AM
At first, before investing on any cryptocurrency make a thorough research on it first. See the background community. The larger the community, the more secure the coin is. Lastly, read all the papers thoroughly.

To avoid cryptocurrency scams you must really educate yourself about the market. Yes, its not easy because almost everywhere scammers are making ways to scam people. One thing in a bounty campaign, make sure you have the right address on the spreadsheet every week because someone is trying to change your details on which campaign requireds you to write your objections and so on.


Title: Re: Avoid cryptocurrency scams
Post by: jonalva on May 27, 2018, 10:54:08 AM
We should avoid this basically great stages, site straightforwardness, awesome colleagues and great abundance directors, that will be your premise with regards to where you have to put your cash on this industry, just like stock trade, you should first know the organization you are contributing with so you won't be misled. In this regard bitcoin is the best but be aware of fraud people.


Title: Re: Avoid cryptocurrency scams
Post by: spastikss on May 27, 2018, 10:58:47 AM
If you are talking about ICO, to avoid cryptocurrency scams you should read their whitepaper , search their team, and also if there is a bounty campaign it should be made by a trusted manager.


Title: Re: Avoid cryptocurrency scams
Post by: Nunii on May 27, 2018, 11:07:13 AM
Yes it is the number one note we got to save. Unabke to invest in a project you want is better than getting scammed by a fake project.


Title: Re: Avoid cryptocurrency scams
Post by: wayancrypto on May 27, 2018, 11:09:32 AM
Learn more about how blockchain technology work,  learn more about purpose of the project and know more detail the team developer is will help to understanding and to know that project legit or fraud. In my country many crypto fraud and they sell the coin with network marketing, and to avoid that should be any more education about cryptocurrency knowledge.


Title: Re: Avoid cryptocurrency scams
Post by: BeeKeeoEr on May 27, 2018, 11:13:36 AM
If any fraudster wants to throw you, this process is inevitable, unless you succumb to these tricks.


Title: Re: Avoid cryptocurrency scams
Post by: seven2smoke1 on May 27, 2018, 11:29:57 AM
Hello, the news of growing numbers of cryptocurrency scams is really terrifying for the investors and holders. Can you suggest me how can I avoid this scams.
You can avoid this scam using your brain and some research on the internet. I agree that there are a lot of cryptocurrency scams nowadays, but you should be careful when you decide to invest and take a look about the project and about the team, the site, the white paper, also you can read peoples' reviews.. etc.. Do not put all your money in ICO even if you feel that is trusted, you should invest in a lot projects, but first try to find the good ones.


Title: Re: Avoid cryptocurrency scams
Post by: smyslov on May 27, 2018, 11:40:15 AM
Hello, the news of growing numbers of cryptocurrency scams is really terrifying for the investors and holders. Can you suggest me how can I avoid this scams.

ICO is now becoming a new version of hyip something should be done about this so many scam ico right now and some of them do have a legit team on board, but still, they go scam, I'm lucky that some of the Ico I've joined are legit ICO.


Title: Re: Avoid cryptocurrency scams
Post by: itoyitoy123 on May 27, 2018, 11:46:07 AM
You can avoid crypto scams by knowing there projects and ask them smart questions and you can research thier whitepaper, roadmap, announcements.etc.  and also join in the telegram group for you to know if they're active and a quick response to the questions.


Title: Re: Avoid cryptocurrency scams
Post by: LegendzX on May 27, 2018, 11:54:42 AM
Hello, the news of growing numbers of cryptocurrency scams is really terrifying for the investors and holders. Can you suggest me how can I avoid this scams.
Actually there is no perfect way of avoiding from joining in a possible scam ICO but we can lessen the chance or the risk to joining the obvious scam project. Checking their team in the whitepaper and the concept, understanding it if this is not far from reality, and check established supporter companies this can be one of the asset to make the ICO successful. Also if you are just new never invest to a project that asking a big amount of hard cap.


Title: Re: Avoid cryptocurrency scams
Post by: ashuawei on May 27, 2018, 12:24:47 PM
Hello, the news of growing numbers of cryptocurrency scams is really terrifying for the investors and holders. Can you suggest me how can I avoid this scams.

Sad to say but scammers are anywhere and everywhere. For me, before ill going to invest or trade something, i should study first and understand everything under the sun, if possible the project has an existing strong infrastruction and can easily communicate or keep intouch if you have queries.  And above all mentioned, PRAYER is my best shield against scammers. 


Title: Re: Avoid cryptocurrency scams
Post by: Paka1 on May 27, 2018, 12:34:51 PM
Scammers nowadays are rampant,  they are everywhere trying to trick people for their own sake.  In order not to be taken advantage by other people like those scammers you must be mindful and cautious. When you wanted to enter a bounty you must have the knowledge and background check of the developers, whitepaper and such. So always make sure you are equipped with informations in order not to be scammed.


Title: Re: Avoid cryptocurrency scams
Post by: fairytale on May 27, 2018, 12:36:31 PM
We cant avoid cryptocurrency scam but we can prevent it.Always take a deeper look on every cryptocurrency projects by means of reading carefully every terms and conditions.Do not hesitate to asked questions to the admin or to anyone that you think you can answers all your questions.And once you find it more difficult,do not invest.Looked for a another crypto projects.


Title: Re: Avoid cryptocurrency scams
Post by: Deubila on May 27, 2018, 12:52:40 PM
If any fraudster wants to throw you, this process is inevitable, unless you succumb to these tricks.
There are many ways to prevent fraud, it is important that you do not believe in anyone in the Crypto market, only believe in the people around you. Do not believe in anyone but we do not see their faces. The market is full of scammers, come to us just for profit.


Title: Re: Avoid cryptocurrency scams
Post by: Btcvilla on May 27, 2018, 12:58:13 PM
Hello, the news of growing numbers of cryptocurrency scams is really terrifying for the investors and holders. Can you suggest me how can I avoid this scams.


of course it takes time and experience, what else now ico that leads to a scam is almost difficult in detection. but there are many ways to investigate it to see if ico is competent on a scam. you can study and check out white papers, teams and developers. or can also check the history and data ico site is first made.


Title: Re: Avoid cryptocurrency scams
Post by: Fulmand on May 27, 2018, 01:18:04 PM
Hello, the news of growing numbers of cryptocurrency scams is really terrifying for the investors and holders. Can you suggest me how can I avoid this scams.
 If there is money involved, opportunist cannot be avoided, scammers always find a hole to victimized people, it is our responsibility to take precautionary measures in any venture we take in, like for example, investing an ICO project, do all the research about the whole project and the responsible team. You cannot detect a scam project right away that is why keeping in touch with them is the best practice to determine if they are true or not.


Title: Re: Avoid cryptocurrency scams
Post by: iamlds08 on May 27, 2018, 01:41:51 PM
Hello, the news of growing numbers of cryptocurrency scams is really terrifying for the investors and holders. Can you suggest me how can I avoid this scams.

check the team and partnership which the project is acquainted. most scam icos are no running projects and the roadmap is not on track.
most of the bounty campaign managers know the best projects try to join on a well respected managers.


Title: Re: Avoid cryptocurrency scams
Post by: usamamalik555 on May 27, 2018, 02:45:53 PM
I evaluate the project studying the team, looking for reviews and who made it, reading whitepaper. If everything seems too good and unrealistic it is scam. In recent time crypto became very popular, so a lot of freshers came, that’s why there is a lot of scam just to trick newcomers.


Title: Re: Avoid cryptocurrency scams
Post by: zhaviabieber405 on May 27, 2018, 03:11:05 PM
Well anything promising ridiculous rates of interest is an obvious one. If you want to remain safe then look for an experienced team who's had successful projects/companies in the past.


Title: Re: Avoid cryptocurrency scams
Post by: HALLASTERA on May 27, 2018, 11:21:26 PM
Hello, the news of growing numbers of cryptocurrency scams is really terrifying for the investors and holders. Can you suggest me how can I avoid this scams.
Don't show your wallets. Verify adress site where you currently. Don't participate in fake eth airdrops.


Title: Re: Avoid cryptocurrency scams
Post by: thresher on May 27, 2018, 11:25:08 PM
Everybody here made outstanding points, what I say would be pretty much the same except one: Realization

Realization possibility of a project is the most important aspect of it becoming the next big thing. If a project fails at delivering something that can be used in the real world, it will fail. Sooner or later, it will. Most of the projects without a realization possibility are shitcoins anyway...


Title: Re: Avoid cryptocurrency scams
Post by: TheNextChampion on May 27, 2018, 11:35:40 PM
If you want to avoid scams then you should learn and studies well the project that you are going to invest. It will help you a lot in terms where to invest or not but it won't make us avoid some possible scams because even good company turns into scam. Just invest what we can afford to lose because there are a lot of growing companies now that into crypto.


Title: Re: Avoid cryptocurrency scams
Post by: Tlongbottom on May 27, 2018, 11:42:56 PM
Knowing what scams are out there and being careful with your information is step #1. Avoiding questionable links or airdrops is also a good idea.  Scammers mainly try to get your private key so that they can access your funds and transfer it out.

There is a project that is currently in ICO called CryptoPolice that is trying to actively fight scams by educating the public and keeping track of different kind of scams. You might check them out if you are interested.


Title: Re: Avoid cryptocurrency scams
Post by: finaleshot2016 on May 27, 2018, 11:56:54 PM
Yeah, we should be aware of this scam projects.

I created a thread about things to know to avoid scam projects in our local. Soon i will translate it in english and post it on begginers thread. It seems that it's a great help for some newbies.


Title: Re: Avoid cryptocurrency scams
Post by: voltagecrypto on May 28, 2018, 12:04:26 AM
BTCsuggestion would be for investors and holders to avoid scams to become wise enough to believe what ever people say, and relay on own research most of the time, knowledge is the key.BTC


Title: Re: Avoid cryptocurrency scams
Post by: Awan Awan on May 28, 2018, 12:21:16 AM
Hello, the news of growing numbers of cryptocurrency scams is really terrifying for the investors and holders. Can you suggest me how can I avoid this scams.
Good platforms, website transparency, great team members and good bounty managers, that will be your basis when it comes to where you need to put your money on this industry, just liek stock exchange, you must first know the company you are investing with so that you will not be scammed.
Know your company. Before is Know Your Customer and now as customer we need to know the detail of the company where we put our money in. Transparency is the best thing now in blockchain since all is decentralized. Team also is the best important thing to know before investing to avoid scam. But bounty manager is not really important in my opinion.


Title: Re: Avoid cryptocurrency scams
Post by: putrisa on May 28, 2018, 01:02:04 AM
to avoid cryptocurrency which is scam in my opinion it is very difficult as i am looking to avoid cryptocurrency which scam is already a bit difficult as they try to influence the investors with valid information. but in fact it is not valid.


Title: Re: Avoid cryptocurrency scams
Post by: kevinpeck on May 28, 2018, 01:03:14 AM
Yes, you are right fake news are affecting the crypto industry a lot. For this I can only suggest you to get directly involved in the market instead of listening to others and trusting others.


Title: Re: Avoid cryptocurrency scams
Post by: Clark05 on May 28, 2018, 01:12:01 AM
There's a lot of cryptocoin as of now in the market. To avoud getring scam or losing your money you need to do a research , asking expert trader about the altcoins you want to buy. If the ICO they ahve big chance to lose your money becaude you do not know if the founder list their coin or not.


Title: Re: Avoid cryptocurrency scams
Post by: RajaCripto on May 28, 2018, 03:27:56 AM
you can check everything on the web, starting from their original address or not, their team is there or not, and all their information about their ico sale should be transparency


Title: Re: Avoid cryptocurrency scams
Post by: Btcallans on May 28, 2018, 03:45:43 AM
I encourage the innovative investor to read guides as well to get a fuller picture of how most of the opportunities in crypto. Or simply focus on the red flags that could quickly help to highlight the risk of investments.


Title: Re: Avoid cryptocurrency scams
Post by: Kratos2019 on May 28, 2018, 08:52:06 AM
in my own opinion you can avoid scams by studying the ICO your trying to invest with. make sure you understand their projects.
and make sure they are giving you security. just like this ICO, https://medium.com/@dcc.finance2018/dcc-token-sale-is-upon-us-and-we-want-you-to-participate-safely-7f7613e4237c

To learn more about DCC, you can visit their website at http://dcc.finance/ or follow them on Twitter at https://twitter.com/DccOfficial2018


Title: Re: Avoid cryptocurrency scams
Post by: cryptodreem on May 28, 2018, 09:49:40 AM
Great stages, site straightforwardness, awesome colleagues and great abundance directors, that will be your premise with regards to where you have to put your cash on this industry, just like stock trade, you should first know the organization you are contributing with so you won't be misled. In this regard bitcoin is the best but be aware of the wicked people.


Title: Re: Avoid cryptocurrency scams
Post by: crypthomonkey on May 28, 2018, 09:57:24 AM
Hello, the news of growing numbers of cryptocurrency scams is really terrifying for the investors and holders. Can you suggest me how can I avoid this scams.
it is easier to say then do. I would recommend you to watch closely at the project and read whitepaper  carefully. if any doubts - do not participate


Title: Re: Avoid cryptocurrency scams
Post by: Rocketiy on May 28, 2018, 09:58:40 AM
I think this requires you to seriously understand the cryptocurrency you are investing in! I think that before you invest, you should learn more about its background, the popularity of his team and its projects! These are all important!


Title: Re: Avoid cryptocurrency scams
Post by: crypthomonkey on May 28, 2018, 09:58:48 AM
You mean ICOs, OP? A coin is a coin. When it hits the trading sites after the ICO, it is not a scam anymore. It could be not profitable but scam =/= low profitability.

If you're referring to how to avoid scams then don't be blinded by that large allocation of tokens in bounties, I am pretty sure that you're hunting one. Are you lazy to read the whitepaper? That could be the 40% of your safety in investing your time in ICOs when you start reading them. There are some sites where ICOs are being rated by such ICOs expert.

Do not get so easily triggeredly joined after you saw that 5-star ICO. Those ratings could be a pay out for those raters. I mean it is an option for someone to pay an adviser to conclude their ICO as a good ico, good whitepaper and such.

It is upon your knowledge, not someone else on how can these scammy projects get avoided.
Well, why, I think we all can share our pieces of advice in order to make our lives simplier and better. So i do nog mind sharing my experience


Title: Re: Avoid cryptocurrency scams
Post by: Bakemat on May 28, 2018, 09:59:04 AM
You mean ICOs, OP? A coin is a coin. When it hits the trading sites after the ICO, it is not a scam anymore. It could be not profitable but scam =/= low profitability.

If you're referring to how to avoid scams then don't be blinded by that large allocation of tokens in bounties, I am pretty sure that you're hunting one. Are you lazy to read the whitepaper? That could be the 40% of your safety in investing your time in ICOs when you start reading them. There are some sites where ICOs are being rated by such ICOs expert.

Do not get so easily triggeredly joined after you saw that 5-star ICO. Those ratings could be a pay out for those raters. I mean it is an option for someone to pay an adviser to conclude their ICO as a good ico, good whitepaper and such.

It is upon your knowledge, not someone else on how can these scammy projects get avoided.
Nowadays, scams are everywhere even here in crypto. They are spreading their bad deeds and intentions. But it is our responsible to avoid every scams that we are going to face. We should study and read a lot to know what is legitimate or not. We must be very careful and not to be gullible.


Title: Re: Avoid cryptocurrency scams
Post by: bontkoli01 on May 28, 2018, 11:40:50 AM
There are so many scams are active in crypto industry. I think you just have to choose the reliable sources for any kind of news and announcement.


Title: Re: Avoid cryptocurrency scams
Post by: Darknight31 on June 26, 2018, 12:49:57 PM
We all want to avoid this, but today many people still come across similar projects and there are a lot of such projects, because today there are no services that would filter these projects, today many projects just do what they collect money.
Yes, this is true that all of us wants to avoid scams but we cannot easily determine whether the certain cryptocurrency is a scam. We need to be careful for the things that we do. In joining the projects, we need to gather first data and information or maybe background about the project we are going to join in. Being wise is the best weapon against the scams.


Title: Re: Avoid cryptocurrency scams
Post by: torreun on September 06, 2018, 11:27:02 AM
I personally think that the cryptocurrency market has always been ups and downs. It is normal for the Walton chain to fall. I think that as an investor, the most important thing is patience. Without patience, you will have nothing to do.


Title: Re: Avoid cryptocurrency scams
Post by: lantan81383628 on September 06, 2018, 11:30:33 AM
Fraudsters are everywhere and don't visit or click on unauthorized sites or links.

Learning more about how blockchain technology works, learning more about the project's purpose, and knowing the team's developers will help understand and understand more details about the project's legality or fraud.


Title: Re: Avoid cryptocurrency scams
Post by: passwordnow on September 06, 2018, 11:30:45 AM
Be diligent and updated of the potential scams in the community. Educate yourself on what are the possible scams that may occur such as phishing scams/hacks, no escrow scams, free ether giveaway scams and other types of too good to be true offers.