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Regulasi aren't a golden bullet against scammers. As all those things become more obvious to the general public, scammers evolve to mimic decent projects with almost impeccable efficiency. Still, the most reasonable rule of investment isn't about ICOs or IPOs, it's just about your common sense. I mean no matter what, never spend more money than you can afford to lose.

With cryptocurrency becoming so popular and being adopted widely, scammers are more active in the market looking forwards to cheating and scamming investors and bounty hunters. So we have to use our common sense and research before going for any bounty projects. We must report and discourage scam projects.

I agree with you when we make investment in cryptocurrencies the projects must have regulation because it will protect the investors of scamer, however the cryptocurrencies projects (ICO, IEOs projects) mostly of them are start up and they does not have real of businesses and products. Also never spend more money than we can afford to lose is part of risk management investment in cryptocurrencies space, that's why we need planning on investment than just think about the profit from investment.

Basically there are many ways that scamers do to deceive investors, one of them by imitating an old project and copying it back to make it look real. but my suggestion before joining any project is highly recommended to research first about the background of the team and also the developer.

Crypto is becoming more universal topics this time, people tend to invest with or without knowledge and we could not blamed them, its just that they should be aware of what they are investing, and you are correct, common sense is the important thing and invest only on what you can afford to lose, and leverage investments is also important, rather than investing in a single project.

Regulations cannot guarantee a project is a scam or not, but regulations provide guarantees for us about the security of a project, for example, we choose projects whose regulations are given by a country, then the possibility of the country providing regulations also protects the security of the project, so why do projects that have regulations have fraud? I think it's because fraudsters instill rules or even the names of public figures to make their projects as if they have legitimate rules.

"never invest more than you can afford to lose" is the basic rule on investments for everyone
so, we should know where is the right place to drop our money
and the best way to avoid scam projects is by doing a deep research on all sides from the project especially with their team member
because a project will success or not is depends on their team  ;)

Using common sense is good but at the same time its still all about decision making,even if you want to invest the money you can afford to lose its still money,not paper, so you will still think about the money you lose,the difference is it won't hurt much, so the fact is you can't predict what a project will turn out to be even when you do research,either you invest little amount its still a lose if anything goes wrong

Some scammers are perfectionist. We saw projects like ethereum classic which gained a great momentum on this forum and was later flagged and some sturbborn persons still went ahead to submit their private keys to them and they loss their fund. I am still wondering how a good project like MiracleTele could be half dead. One needs be careful with new projects.

Its not as easy as you said,to avoid scam projects is very hard because we have different type of scammers in this crypto space,some are not that good so you can easily fish them out but some scammers have grade that when the finish building a scam project it will looks almost 99% real,this type of well made scam projects will only turn scam when they feel like and i bet you won't saw it coming

actually all of this depends on experience. if you are an old investor certainly know how to put your money in the right place. if you only speculate and don't have experience in investing, you will never know about the project. I'm not a crypto expert but at least I won't put money in the wrong place.

Most projects with scam bounties might need hunters go after the BM. Some BM have  bag full of scam projects and some with fewer and some none.  I have queried campaigns without announcements on this forum, maybe if we cant start querying project from that angle before they ever push bounty to us, some will understand how to research projects and rate the project before marketing .

You are damn right and at the same time every penny lost will count,if you invest money you can afford to lose in 5 different projects and all turn to scam you will feel hurt,we are human and we all have our limits of endurance,instead of relying on the amount you can afford to lose its better to learn how to do better research on projects first to cut your loss short

Today,  for community cryptocurrency is one of the way to preserve a assets. Therefore, more and more scammers are trying to earn on this. In order not to lose your investments, conduct a qualitative analysis of the team and the project. And invest as much as you are not afraid to lose.

the rules that apply will not completely stop scamers in this market because they will never stop as long as you don't keep your money in a safe place. investing is a very high risk and it is important you can manage your financial management properly.

It is just a thing that will always happen. Scammers won't stop trying to fool gullible investors into losing their money on shady investments. The onus is on us to wise up and see through the mist of scam they push to us. As for me, I need to see your project is already working before I put money on it

Nobody wants to promote/participate in scam projects, but the problem is that even projects that seem legit are going scam within several years of work. What I am trying to say it has become extremely difficult to detect really legit projects out there.

I don't think anyone would like to participate in a scam project but because they are not telling they are a scam and sometimes it is very hard to recognize, people are falling for them.You have to do lot of internal verification of the people involved in the project.If the project is scam, the people who defined to involved also to be scam. So background verification is enough to find the scam project

Sure, encryption has become very popular, This is a real reason that more fraudsters are joining the market.
My note is that these crooks really understand our feelings and can control them and deceive us with the simplest tricks to fuck them.

So you are justifying money to lose on the scam projects when its affordable for you to lose?

Scam projects can be avoided when we know what the project is actually about too but there is no perfect or assured way to tell a project is scammy or legit until it happened.

Am in full agreement with your opinion, in fact that should be the crux of our investment strategy in the cryptocurrency space. Investment here should be done with maximum care and an indept understanding that even in your diligence, something can still go wrong. The only way out is investing what you can afford to loose.

It is not even a good thing to lose what we have and since we must invest I have decided not to buy coin during Ico because of the past loses I have incurred. If I want to invest into any project I allow the market, that is the forces of demand and supply to determine the price in the exchange and if it is ok I invest and that has helped me for some time now.

investing in the crypto market is very risky especially for beginners who have no knowledge at all about the market will quickly lose. so as long as you have high determination and are not afraid to fight the risk you will know how to invest properly in the market.

Good advice indeed but its not same for everybody,many investors are fully into IEO investment rather than ICO which no doubt mostly are scam projects,the only risk involve in IEO is investing on projects from new exchanges,many new exchanges lack liquidity and volume but IEO from big exchanges are almost all successful

Regulations and its strict adherence is not and will not be the cure-all of possible scams that can affect the marketplace. Why? It is because scammers are so creative in concocting ways to evade the law and fool as many people around. Now, having said that, I think regulations can be helping a lot in minimizing the scams unlike in an unregulated environment where anyone who has basic knowledge on the blockchain and cryptocurrency can start a project, make a good crowdfunding effort for it and then when the revenues are at hand think of flying into an exotic paradise and hide there.

I guess you mean "Regulation" and not "Regulasi". I had to Google the word to be sure it's not a coin or something.

Anyway, I agree with you on scammer mimicking decent projects... this's why it is important to thoroughly research any project before investing. I believe there are developers who are credible and know what they are doing. It is difficult to find such developers because you have to go through alot of whitepapers to find something meaningful.

the most important thing in investing is patience and confidence, always consider the decision you want to make. because the current market situation is very weak, our patience is really being tested, plus many cases of project fraud and anyone must always be careful before investing in a project.

yes and this is just how we evaluate projects, actually to guess whether it is a scam or not is very difficult? and investors also don't really know that they have put money in a safe place. but it is undeniable that many projects currently look legitimate and ultimately do not, but I personally will always be careful before putting money into any project.

And never invest to a project or anything that you don't even know and understand. The problem starts as it gives domino effect when someone earns from cryptocurrency it will be spread like wildfire to his comrades and relatives.

Wherein they'll just understand that their very own guy invested to 'cryptocurrency projects'. And with an expected return that will have the same outcome as that guy they knew who invested. To save time, they'll just invest and won't conduct researches.

Good advice, but I think you few will listen) because people are greedy and to earn more money they will get into debt or sell their property

If investors knew that it was a SCAM project, they would not invest in the project let alone spend their money.
But because of the cleverness of a SCAMMERS who succeeded in deceiving them with a project that looks very good so investors do not know about it.  Currently there are Hundreds of existing SCAM projects without us knowing it, we should still be careful to invest.

Sometimes when we lose out of patience and invest in projects we have not even researched, the tendency is we have fallen into the scam ones. Majority of the projects today are only scams so we should be more careful and researchful so as not to invest our money on the wrong projects. We can also avoid being scammed if we chose too but it takes more studies and background research on the project for this to be realized.

That's why with a lot of experience in this case and that means we has been getting self educated from there, so many people are blindly investing without know about the real information or analyzation to the project itself. Crypto placed in the gray line and that means it's really vague to think if the regulation will help us a lot in this case.
I have been seeing a few times the crypto crime report is getting rejected by the local authorities.
To educated our common sense is something that is a must for everyone.

agree with you and I also will never spend money on junk projects, the best strategy is when you don't spend your money entirely on ico projects and don't be tempted by big offers, it's just a mere mode! For example, 30% bonus from project investment, 30% x $$$ = at the end of 0. You will lose if you invest in the ico garbage project

In fact, each of us should fail once, be deceived once in a lifetime. From those failures, you will suffer and that experience will follow you for the rest of your life.
But we also really need the knowledge to invest in ICO projects properly and reasonably, otherwise, we will face fraudulent projects or bad projects.

Many words have already been said on this subject.There are no rules and patterns at all.It's hard to know scam projects.And the further-the more it begins to seem to me that everything depends on luck.

yes now this is a big challenge for prize hunters and project investors before taking part in the crypto industry. the reality is that projects that have a strong team and even have a good background are also not guaranteed that their projects will succeed, and I agree that it's about project speculation or luck.

The scammer cases that occur in cryptocurrency is to make fake Coin or ICO offers with very large prizes, thus making investors interested in the programs they offer.
REMEMBER,,, There is no money that can be been easily obtained, this is the main basis that must be understood by investors. Investors should not dream too highly to get huge profits in a short time.
So before investing common sense must come first,,! so as not to misstep and regret later on.

Scammers are very smart people and they have been able to identify what people already know scammers do and have evolved. Day in day out they change their tricks and develop new ways of scamming others. You just need to be vigilant all the time.

well there will never be rules that make scammers afraid, I think to avoid scam projects is to research it yourself.
I pity the newbie who invests in crypto who doesn't understand it. I think they should be warned immediately.

I don’t even believe that never spend money you can't afford to lose, I am so stingy to the extent that I cannot afford to lose even 1 cent of my money, I would rather prefer to give the money I would have risked on a project that I am not sure of to the beggar than take the chances on risking it on a project that I am not certain of. If it takes me to participate In just one project in a year, I don’t mind, so far it is a genuine one.

I am someone that takes my time to thoroughly research on a project and if there is any project that I have just one single doubt about even if they had looked perfect up to 95% , I would dust them off my site and never go back to revisit them again. We need to learn to spend quality time in making a very thorough research on these projects before we invest our time in them.

agree with all of you, don't ever spend money just on junk projects. manage your financial management well in investing in the crypto industry.

SCAM is a simple word yet the most destructive in the world of cryptocurrency and investment.
There are many things to do to see them but not a 100 percent accurate, after a day or decade! still its the team behind it.
We can check those team members, their plan and the future, the product and the project.
Their websites and ICO or IEO, those are good facts to check but at the end! if they are here to do scam they will still do it.

I've seen some good project which had a good ICO.
MOYA NETWORK who hit more than the softcap. The team always update the investors and BH with good videos from the team and CEO.
Yet, they abandoned the project and run with the money.
There are some projects who turned like this.

The luck factor is not the main determinant that explains the success factor in investment decisions. Scam projects have been here and there is no way to prevent the scam projects completely. The root of the scammers is long and their methodology is larger than the understanding the majority of the investors.

There are trading patterns exposed by the pro traders, it only becomes clear to the new traders after learning through making mistakes in the market. Everything does not depend on the luck, there are skilled traders who can make a "luck" factor offside. Investment decisions are not game,you are paid for the good results but you will gain experience in case of unsuccessful trades in the crypto market.

For me I think if the team as not shown any progress and the way they handle their bounty tells a lot about them. From the beginning the project must differ from others and have some way of moving forward.
Not just pretty colours and lights and as tory of what they want to happen. Things must be implemented and not just "we plan to" Actions speaks louder than words. Allow projects actions to speak for themselves before you even consider investing or supporting them.

Regulation is the best way out of this thing to stop scammers from proliferation of decent projects and also maximize the abilities of projects to achieve their full potential in the market.

I would make this phrase a moto on every site concerning crypto! Because it’s not that hurting to lose money when you still can pay the rent.

Regulation in no way can ensure the success of the project and the growth of investments, so do not rely too much on it.

You made valid points, it's not about regulations it about us being wise. Most people are drawn towards a project just because of what we have heard or the hype around it without doing our research and in most cases backfires at us. The truth has always been that, if we fail to protect ourselves, scammers will continue doing what they do.
IEOs are are now the latest trend, and no matter the exchange due diligence should be taken always so as not to blame anyone if it doesn't go as expected.

What you have posted is nothing but simple rule of investing, i have always been against who take loans, selltheir property or other assets and try to go all in to make quick gains but we have seen this strategy has mostlyback fired especially in last years when mostly market has moved down only, although many people have already changed their lives by investing in crypto market but still i think everyone needs to be careful and avoid risk as much as possible, do not get trapped or spend remaining of your life in debt by following all in strategy.

I fully agree with you, investing should not depend on people or speculation of random people. because what determines your destiny in this industry is you. before investing do every detailed research about the project especially the team & developer.

easy to say but the fact is very difficult. no investor wants to invest money in scamers, anyone who wants to invest has gone through in-depth research and no one will know that the project turned out to be rubbish. but I agree with your points about financial management, investment is very high risk and you need to manage your finances wisely.

Thats why conducting a research is a must to avoid yourself ending up in a scam project.

Before putting your hard-earned money to any investment make sure that you are prepared for the outcome because its better to have less expectation.

Scammers are the most well articulated individuals I've come across. ICOs will take place, the communication is good, activity is good most go to list on high exchange and before investors know what's happening, they're off the market.

As soon as you take responsibility for your life, you no longer wait for regulations, police or anything to fix the matter. You do it yourself.

very wise of every word you say, but I also admit that there is no right way to fight scamers. Scamers are the biggest problem in the crypto industry like most cases of project fraud, a valid team and experienced developers, big bonuses, and quality products. all that is not a guarantee of the success of a project and in fact it is a form of strategy to attract market investment.
but I don't think regulation is a bad idea, but who will regulate it? is it the president or the government? As far as I know many countries are not ready to accept the presence of crypto and some even oppose this industry!

This is one of the best straight forward post I've seen recently, there is no 100% rules we can use to detect scam projects or projects that won't be successful. You just need to invest what you can afford to lose, that's it. Using common sense in most cases is the best approach, do not invest because an influencer is promoting the project for instance, maybe people got burnt in Sparkster for observe after the hype.

There has to be a combination of good research, common sense, risk management, or even a little of luck. But more than the rest, it has to be research that occupies the foremost spot if an investor wants to give worth to his money. It is always advised that an investor should only invest what he can afford to lose but that does not mean that since he can afford to lose a certain amount, he will just invest it in whatever random project. He has to also learn to take careful steps so that not a single USD or centavo will go to a scam. That is how an investor should think.

Yes, I agree that we should not invest the money that we can't afford to lose so we will not cry in the end if the investment will go wrong as there is always a risk in every investment.

Common sense is not enough to avoid scam projects as the scammers are evolving everyday and we cannot tell by our common sense only whether that project is genuine or scam. There are plenty of factors that we need to consider if we will lessen the chance to be scam like use our common sense, knowledge about the project,team,their partners and etc.

That was I'm telling investors from the start, the golden rule was "Invest only what you can afford to lose" until they saw a good to be true project then they will lose this rule on their head and went to engage in something they thought will change their life forever and it does. it changes their view to cryptocurrencies and blames the other for their failures. If they just stick with the rules they won't become like that rather they will continue to advise the other to stay away from good to be true projects for most of these kinds of projects are scams.

Its really hard to have 100% common sense to avoid every scam in your life.
 But the best advice - use your brain and try to find red flags

No one can be right for all the time. However promising a single project may seem, it is wise not to invest all your money on a single project. Diversification is a key to success.
You need to look at what the project aims to achieve and do you really think they'll be have a profit from that. Mining asteroids seems promising but is not still viable for any startup.

Your view is right and applicable to some extent. But the situation is not sometime the same. When you take all measures to find out a good project including a research, even then the project you trust most will turn out to be a scam one. So in my view, regulations will help discourage scam projects through rules.

you are right - regulation will help us reduce the number os scams, but we also need to understand that regulators will always follow their own motives. they are interested that the cryptocurrency does not prevent them from doing everything that they are now doing through the American dollar

You're right! It is important to remember that any investment is a risk, and investment in cryptocurrency, in this case ICO, is an even greater risk. The fact that scammers learn to be better makes it clear that even market regulation will not help get rid of fraudulent projects forever. Of course, you need to try to identify fraudsters, and also do not forget about the risks of investment.

Yes, I agree, do not be too eager to follow a project that is not clear because it can harm our assets as investors, especially just bragging like going to list in the market binance, upbit etc without a clear roadmap and whitepaper. we as investors must be observant in choosing projects because if we are not observant, then we have lost the funds that you have invested in fake or scam projects.

I wonder what will happen to you if you invest money you can afford to lose on ten different ICO at ten different times and they all turn scam? is that common sense? i expected you to include the importance of research? Those penny money that you can afford to lose will turn to huge money before you know it

People have been relying on regulatory authorities when it comes to safeguarding their money and savings. But in cryptos, you're responsible for the safety of your own funds. This lead to carelessness when it comes to cryptos and people lost many in crypto hacks and frauds. Regarding scam ICO projects, one can save himself by going through the site diligently.
I agree that it's more of a common sense when it comes to avoid scam projects

There is no such thing like a rule governing any project to be compulsory or forcibly require each and everyone to participate in it. It is about time each individual, the investor and bounty hunter out there to do investigate and make their own research and come out with a decision from their common sense.

I want to add suggestion aside to the common sense need also a deep learning to determine the leaglity of the project is most important things to minimize the risk and waste of time and effort as a hunters.

At least the regulations can reduce scam. Even though scams can happen to projects that were initially good, they suddenly abandon the project slowly. At least we know who their team is and we can talk to the police.
For me, no matter how much money I spend on investing in ICO, IPO or IEO, it doesn't matter if I get the money from Airdrop. Because this will not give hurt if the project is a scam.

Many people were deceived because the lure offered was fantastic. Try we think the logic where a project gives too much on offer isn't that weird? Why not make the project like limited by giving it a little.
And of course, a lot of people are stuck on the offer for them to be rich instantly when it's not. So we have to be vigilant with such an offer and still use our common sense logic to avoid the rise of scammers.

regulations can also set investors' mindset to know which are valid and not, rules are made as guidelines, if not like that then many people will be affected because their reference is "hoping for potential". Scammers are always good at refracting their profiles, rules must bind them with the key to transparency, but we are in a world of decentralization and there is no implicit solution.

everything goes back to the reason why we chose the project,
and reasons based on our desires, and of course desires must be limited, because if too obedient wishes will only invite greed,
because scammers always get victims from greedy people who want instant wealth without risk. This is the core point that we should know, because even though the rules have been made but greedy people still exist, the scammer will still be there.

Its better to lose half of your money than losing everything you have, good advice but this has nothing to do with knowing how to pick the right projects, if you keep investing what you can afford to lose in shit coins you will end up in same spot

invest as much as you can afford to lose I think this is a principle we must follow when entering the crypto market. the highly volatile crypto market can make us rich but can also make us bankrupt overnight. so invest as much as we can afford to lose. and the existence of a regulation on ICO / IEO projects cannot guarantee that ICO is not a scam. con artists always have ways to be able to fool us. they will try to imitate the old poryek. copying the whitepaper erases and adds a few words. they can fool investors. so now we have to be more careful in choosing ICO / IEO projects.

Not spending more money than one can lose is not a way of avoiding scam, it just minimises the amount of losenone could incur. A way to avoid scam is doing thorough research on projects before investing.

yes, researching all projects that you want to follow is a good way, including from the telegran group, project concepts, partners, road maps, team & developer background, what products they offer in the market, managing financial management correctly and important to remember that currently many new projects offer big bonuses, my suggestion is if the project doesn't make sense, it's better to go and find another project that better fits your choice.

Everyone knows the rule "Never spend more money what you can't lose" but sometimes people love to break the chain to make more profits, si, they take the risk. Sometimes they gain, sometimes they fall. But I don't agree with you that because you said it's not about ICO, but actually, it is! Whoever invests in ICO, will lose huge money without getting and profit return! So, investing in ICO in this situation will be a foolish decision. But if you invest in potential IEO not after listing on exchange rather from the IEO sale, then your profit is guaranteed!

Scam projects will always be among us in crypto space and people will still keep falling for them until a new law takes place, for now the best advice is to invest what you can afford to lose

In fact anything related to money is very risky, human beings on this earth have been enslaved by money to the point of whining to cry over money. what I know is that successful people have good psychologists, are not greedy and help one another wrestle in their fields. for the ICO problem there are no specific rules, it's just that we ourselves determine. Scammers are very difficult to destroy, but can still be avoided. so your life is in your hands, be careful. I know cryptocurrency is risky, but it can make you rich.

I guess the scammers will always be active they often find victims on social media such as facebook, twitter and telegrams they sent a message to the victim. they sell bitcoin and altcoin other similar cryptocurenccy with cheap price I frequently get the message telegram they often offer bitcoin at very cheap prices when I reply to a message from them by calling them scammers they quickly block my telegram.

Its just about not losing your life even if you invested on a scam projects but no points related to how to avoid the scam project investment.

Yes using common sense sounds good but do you have any? Please let us know. :P

The rule is of course golden but tell me who is investing in ico now and if people are investing, tell me which companies? Because the credibility of new projects is very small for obvious reasons.

There is no investment place who doesn't have any risk, most all of investment place it definitely have a risk even you have an interest to invest on gold (which has considered as safe place to store our money) but you'll never be avoided from fraud/scammer on it.

You are right, don't spend money that you aren't willing to lose and I think that is the basic knowledge before we are going to start, unless you spend it on bitcoin. But to invest in altcoin I'll doubt it, I have found some project which have interesting offer, such as they offer to give you almost 15% profit per months, I think that is really scammer's job.

There is just one way to avoid it, and I believe a knowledge of someone against the ins and out to crypto industry will help him to avoid scammer. As you may know, most of the victims who fall to the scammer are newbie or the people who just know cryptocurrency and they spend a lot of money just because they see to the profit that offer by scammer.

At this time it's unlikely to earn in ICO or new projects as the market is still in bear and the scammer are still everywhere, it will be better to invest in existing companies and been in the market thru dump and pump since they can cope on the market's volatility just make sure those project have vivid plan for their future like chainlink who keeps pushing having investors and more partnerships.

   I have to agree, all that it really comes down to, is having common sense. If one practices their Due Diligence correctly and takes the ample and necessary time to research the endeavor first, one won't be able to be be scammed so easily and will be able to spot potential pitfalls that these scams turn out to be. I once sent 1 Ethereum ($150 per ETH at the time) to a telegram bot that was supposed to go toward an ICO. The bot ended up being to good to be true, and I never seen that 1 ETH again.  :-\

So please remember to practice your Due Diligence

Theres a lot of scammer in the internet always hide and wake on the right time to grab those new people in this crypto world, so dont be fooled for those precious words that offer a good return in a small period of time, always think twice before doing any action or else you want to lose your money.

The law will not help a lot, in this case, consider those scammers can use the decentralized system and infrastructure anytime. Maybe the verification will be the only thing that can prevent the scam project.
Just take the reviews from others may become the best thing we can do right now.

Let's be clear, scammers are always there, they are not staying still or what, they will always be there as long as there is money involved.
You mean, invest only in the coins which are already launched in the market? How are we able to have newly launch coins in the market? If no investors will fund the project, no new coins will be launched.

One of the most important things to remember, without it, analyzation of the current situation of the market will be impossible.

It takes time to combat those fraudsters in these industry. Since most of the countries that has already a proliferation of crypto industry has no decisive action to combat fraud, each country has its own way to regulate the crypto market. in that case i think there's no uniformity regarding regulation. that's why it was weak and remain open for exploitation by those scammers.

This crypto world is so full of uncertainties and investors should always have it at the back of their minds that their funds are not safe in crypto and they can lose it at any point in time. Some people just enter into crypto with their all and that is why they always complain when a project runs away with their funds.

because the rules are not always followed, scammers don't care about the rules because they will continue to do the action when there is a gap to get lots of free money. so indeed, common sense will become something very important so that we still have a wise mindset before investing, because when your common sense and mindset are easy to be poisoned by their promises, then in the end it's just an affliction which of course it is something we should be aware of from the start before spending your money to invest

   Common sense is when you know that project is a scam and you avoid that project. But how many of us here participated in
project that looked like any other good project, but only in the end they showed their true face?
   If we knew from the start that project is a scam, that people will be scammed for their investment, bounty participants will not
get paid, we would avoid that project, there's no reason to participate in such project as investor or bounty hunter. But only if would
knew that from the start.

I guess if common sense dictates that anything that looks too good to be true that means it usually is, however anything that looks fishy and scammy is also that as well. So, there is really nothing that you can invest if you go into common sense, bad looking ones are bad, good looking ones look fake, what the hell do you invest?

Hence, all you have to do is check the team, that is what I do and it worked not bad so far, if the team is hard working and actually does anything that means they are good, if the team doesn't really do much other than creating web pages and designs and market their product instead of actually working on it, that means they are bad. Try to stay away from the ones that has the biggest marketing budget, the good ones always have a big development budget instead.

Agree with you, actually we should follow our instinct that dictates by our brain and not our heart, as there is power in mind that will keep us saying the truth, but sometimes the heart denies it and doesn't agree, heart will always say to give chance, but the mind will say the truth that you should beware on it. So, better to ask your mind always not your heart. Anyway, if we really want to be sure, let's always use our mind/common sense.

I think that is still the best way not to lose too much in some of these projects because if we really base it on real use case or research, it is not easy to identify a scam or a good project and all many of us have been using is our instinct with the little research that we do to spot the ones that at least looks like they have real use case and a very great team.

We cannot rely on that research alone, which will make me agree with you that we have to be careful in putting money into these projects and the only money that we should put is money that we know we can afford to lose even though there is no money that we have suffered for should be lost, but there is always risk in life which will make us to always lose money, but we can still control the amount of money being lost.

This is very true. I read posts more often than not, claiming that regulations will curb the menace of scammers. But scammers can also find their way around this regulations to be able to make heads way. Notwithstanding,  just as you have rightly said, never invest more than you can afford to lose. Dont be greedy. That's the simple golden rule

Well every investment has risk no matter how promising it is there's no assurance it will succeed. So yes even we conduct a research its hard to determine if the project is real and not scam. What we can do is use a spare money that we can afford to lose so whatever the outcome is we are prepared and it wont hurt much since we dont expect a sure return.

We cant get rid of scam projects so we must be careful to not end investing in one of them.

The reason why we have to learn everything about crypto including its risks is for us to be aware and wise to get rid of scammers online. We all know that there are plenty of ways for scammers to fool and victimize us but the only weapon that we could have is knowledge and awareness. Where there is money, there are scammers so we must learn how to deal with crypto risks.

sometimes there are still people who are tempted to join promises that don't make sense, such as guaranteeing that investment will multiply and many more sweet promises made to attract investors.
we should realize that crypto is not a way to get rich quick.

in fact it is like that, many people speculate that crypto is a fast way to get rich. maybe because some hype projects that spread advertising like that so new people consider it pure. use common sense to invest, in crypto or in investing in the real world

The regulations are not there to slow down scammers, the regulations are there to try to figure out how much money each person has in the market of cryptocurrencies, but when it comes to scammers that is useless because they have no problem creating fake identities which they can use to avoid revealing their activities, but for the rest of the people which are honest about their holdings they have no option but to reveal their identity and scammers take advantage of this and may even sell that information.

No one wants to invest time to research projects, because it takes time and needs a lot of effort. People want to invest and get huge ROI within a shortest period of time, but the reality is different and a lot of people are not ready to face it.

No matter how you are aware about it. if those scam artist will perfectly executed their plan. you can even notice it. until it was done or happens already. scumbags are often showing its face in public attending various events and blockchain forums. and even attending  KYC on most of the ICO rating website. if that's the case how could we suspect it as a scam. when the project was complete in road map,Whitepaper and team. I must says its complicated and common sense is not enough! 

knowledge is the basis for doing research most people are lazy to do research because of the absence of free time. but before joining or investing in a new project we should have a strong reason so that we are not affected because we already know the project

Never spend more than you can afford to lose, this is the first rule of investment which most people tends to ignore because they want to hit it big. You also made good points , we really should be mindful of the projects we invest in because in most; the ideas is unrealistic or the team lacks the appropriate expertise to be launching such a project. Also, these scammers have taken new steps of replicating projects and adding few things so as to attract more investor. Like you said, we should use our common sense.

almost all of them lost its value the bettter way is to stay away with any of that investemtn and do not not buy any ico tokens anymore since there will be no real use cases . The 2 years trends explain it all why you dont need to invest in it, besides even you reasearcch about the project the result will be the same its all lost.

Agree with you. That's really ironic, they should consider it more. Doing research is very important before starting to invest in a project, because actually the only one who guarantees your money is you. This is a fact, you will not be able to find a project that makes you instantly rich except scammers who want to run off your money.

Some scams are unavoidable, for example bitconnect starts very good and neat and the project make it top 20 on cmc in 2017, still in the end it turned scam, few scam project are very good that you won't know they are.

I have realized this too, that no matter how much active a certain core team in the community, sending screenshots or live video stating that they are not scam and that they are working but turned out to be scam in the end, we should not really trust those kind of strategies, and let us always follow our instincts, let our mind decide and not by heart.

I agree that the rules cannot stop a scam project from being launched by scammers. because scammers will design and prepare everything to commit fraud against investors who want to invest in cryptocurency. but to know that it is a scam project or not, we study the characteristics of a scam project. so we are not fooled by them scammers.

When i see the red tagged person i will stay away from all the project that has being tagged by red flagg.  What use to argue something that not very clear. For me i just sty away and support any projects that has potential in delivered their promises. Which is most likely hard to find nowaday..

Always inspect the trust of the manager and also the previous projects that he had managed. You will learn a lot on how do they deal with it and whether they are picky on the bounties for the projects raising an ICO. I don't say that it would guarantee to be legit or anything but the chances of it being a scam or an utter failure is lesser than those random ones that aren't that known and you are sure that these managers before dealing with those people behind some new projects would not let their lives easier if they decided to just run away.

Yes that has always been the number one rule, never to spend on a project an amount that is more than you can afford to lose. There are good projects that are still not successful at the end, that is why you should be careful with how much you're investing so that you don't lose your money in the project you're investing in.

But before that, you have to apply some measures to make sure that you're not investing your money in the wrong project.. No matter how much a scam project tries to pretend to be legit, the team will always show that they are fake, they are either going to impersonate people who are big in the industry or create a fake profile. This is one thing I know for sure that will always expose them. I don't think any scammer is ready to show off who they are when it comes to this because they will be traced and caught.

Scammers are really good at pretending to be someone they are not, after all they are scammers, and many projects are now deciding to not reveal the identity of the developers in any way or form, this way they can avoid the techniques that scam busters use to find if they are really who they say they are, and they will come with the excuse that somehow what they're doing is going to completely change the world and they prefer to be anonymous in very much the same way that satoshi was.

for now luck is the first choice to get a good project. because we have researched perfectly (in our opinion), but the results are not satisfactory. there are indeed many factors that influence, so this happens, and not just because the project is bad so it is not successful

I think scammers will always be there and for us of course that is a very detrimental thing for people who participate in a project. And it's true that don't spend too much of your money on a project without observing the project, you need to observe how the project and the products it brings and how the team is behind it.

True. Common sense does play a big role. There are people who will see all the signs of what a scam project looks like yet will still fall victim to it by investing there. Common sense will make these people dump this projects before they get scammed

That's right, never spend more money than you can afford to lose. Think carefully before making such a risky decision or you can make a safe investment.

I agree. No matter how hard you try to avoid scam projects, if you are not using your common sense and sense of logic, you will still find yourself getting involved and manipulated by frauds. Investment is a strategic game and at the same time it requires logical think too so if you are not very good at logic, you might as well start improving it. There are a lot of people who find it hard to avoid scams and there are also people who tries hard to find a mean to escape or evade scams where in fact, the only thing they should work on is their common sense.

Yes you are right about using common sense but their are other factors that makes a project failed which your common sense can't or won't be able to safe you from, like if the project failed to raise fund successfully

This rule is suitable only for experienced investors, not every ordinary person who wants to increase their investments is guided by this rule, do not spend more than you can afford to lose.

Scammers don't care if you know their identity. They will scam you anyway. The thing with scammers is they are so cheeky and have no dignity or integrity in the least. I think they actually start believing the bs they try to sell to people. I say this because they seem so convincing like they actually believe what they are saying. I am pretty sure they are delusional.

In the crypto world, we know that there are so many scammers on the internet and it is one of the things that we must avoid,
We should be aware and knowledgable in the cryptocurrency to avoid this scam on the internet whatever we do there is always a scammer on the internet.
The money you put in bitcoin or in cryptocurrency is already a big risk and it is not recommended to put all of your money only the money that you can afford to lose because it is a big risk and a lot of scammers or something could easily go wrong because it is the internet and bitcoin is bitcoin. Like for example investing in ICO's we should be aware also being in these forums we are getting a lot of information from a lot of users' experiences so we should like from their mistakes.

Aside from common sense, I think that investors should also be updated on the new scammer's scheme as they always have new tricks to catch their victims. Exchanges are the number one target of hackers while crypto investors are the target of scammers that's why we should be very careful about whomever we deal with in crypto space.

Why you spend the fund even the little on the project you need to learn whether it will produce profit for you or not.

If you don't find the profit you can invest on it and don't have mindset affordable to loose the amount. We are here to loose the fund if that unfortunately happen we can adjust it.

Indeed, because there are actually scams that are so obvious than even a teen can notice or recognize, it is about being aware. No matter how good is he or them to pretend that they are good, as a investor or a trader you should have study that particular project for you to prove on yourself that they are talking legit. You can actually recognize who is a scam, by analyzing their wants and analyzing the project they want you to invest in. Knowledge is important, if you have a lot of this, it is impossible for you to be scammed.

Common sense can be used not only for specific coins it can be used for the whole market as well, since the creation of bitcoin thousands of coins have been created and many coins have disappeared, the first coin created is still the strongest, the one with the highest market capitalization and the one that is the most popular so why people do not use their common sense and stop investing in altcoins and invest in the only coin that they know will be around during the next decades.

I agree that regulation will not immediately eliminate the scam project in cryptocurrency but with regulation, people will be more afraid to make a scam project. If regulations exist, every project to be made must meet the regulatory requirements and this will increase investor confidence and also reduce scam projects circulating in the crypto market.

Sometimes even though we have done research on a project that we will participate in, we will feel that the project is not much different from other projects and will look like a project that will run well, the scammer will know where the opportunity to fool people into wanting invest in the project. I think to distinguish between scam projects or not, of course we must have experience about scam projects that we have participated in for us to compare with new projects that we will participate in so that this does not happen again.

Simply put it that way but common sense is a natural instinct of a person. Yes indeed it helps, but if a person doesn't have any knowledge or experience in dealing with the so called ICO/IPO or the projects they might invest with, what is the use of that sense anyway? It's always about the basic knowledge mate.

People here often got scammed and loss in trading due to their inability to know what is the reason of their loss. ICO is a tricky investment, if youre not an average trader probably you will only hold this and see it fly. But for experience one they will probably exit once they get their profit.

Great advice and it should be followed by a bunch of investors on this forum. People are just blindly investing into every single project without even looking for some kind of additional information to become more familiar with projects.

Investing what you can afford to lose is not the solution, we all know that scammers are everywhere in crypto space now, if you invest in ten different projects with the amount you can afford to lose and only one or two is successful its still doesn't make sense, its like throwing away money

I agree with you 100% never spend more money than you can afford to lose. No one know what will happen with the project that we invest in. If you not have stable economy in real life dont ever play risky just play safe.

Scam is such a broad term now in crypto, people are calling projects scam even if they are not (per definition of the word), but doing a proper due diligence would indeed weed out most of the actual malicious scam projects, still a reality is that some of them are so elaborate and well put together that it is hard to notice any red flags on the initial sweep, so even with "common sense", you are still exposed to some risk.

In my opinion, regulation may not be everything to prevent a scam project but it will at least reduce new scam projects. With regulations, new projects that will sell tokens must meet the requirements in accordance with the regulations and mean they must report to the government that they will raise funds in project financing. From here, the government can prevent scam projects in the cryptocurrency market if there are clear regulations on crypto

At least there is action from the regulator if there are projects that prove to be scam if there are regulations. In my opinion, regulation will have a big effect on the cryptocurrency market because investors will be more comfortable and feel their funds are protected legally

I completely agree with this, people always talk about the money that you can afford to lose, but that is completely false no one can afford to lose anything, you are not in this market to lose money we are here to earn money and it is simply not acceptable that the majority of the projects in the market are scams or project without any future, as such some time ago I took a decision that doesn't really satisfy me but it is the only way to protect myself fully from scammers and that is to avoid investing in any new project.

Opinion base from anyone's experiences, scammers also updating their skills as they needed to comply with how the market works to attract more investors and still to runaway with their money. I agree that doing your research and yet use the money that you can afford to lose will keep you moving just in case that scammers catch you up with a decent way of creating scam project. Be furious with how will you spend your money from this kind of market.

Well its our responsibility to research first before putting our hard earned money to any investment. Lots of scam project are existing nowadays in the world of crypto and we cant get rid of them if there's no regulation that can lessen these kind of projects. Conduct an extensive research and dont invest if you have doubt.

Yes, many people are trapped into sweet sayings by the team behind the project, which in turn can attract investors to invest in the project. To avoid this myself, I think it's better to invest in the top coins than to invest in new projects.

 Well common sense might help , but then scammers can do anything to deceive their victims and get their funds. we cant completely avoid it except we want to avoid crypto investment , but we can minimize it by being  more careful about where we invest our monies. we have to investigate more and do more research before investing . This can help us avoid some forms of scammers.

and use verified sources, exchanges, projects, coins.

It seems to me that quite often scammers do not imitate or fake a project, but really do it. and then when they see real money in their account, they are simply tempted by them, because why work further if the profit is already in hand. Because many times already come across projects that looked very strong and confident and suddenly blown away in one day.

It is the reason why I never get tired on doing my own research before making decision and action, it's a bit laborious but it is worth it because you know that as the day passes by your funds are in a safe place because you have made the right decision. Many of us have experienced getting scammed and that experience taught us some lesson that will guide us and make us wiser. For them, anything is possible when it comes to money and they will take advantage of you if they get the chance that is why we need to prepare ourselves and make sure before making decisions so we will not end up feeling remorse about it.

The problem here is they take advantage of other legit profiles on famous ICO and used it as part of their hidden agenda yes this is quite frustrating like what happened on MiracleTele, I feel like they really made it that they are legit but in the end the project shows a dirty tactics and exit the money that already spent.

Scammers are very smart individuals they are evolving and they are improving their techniques so they can deceive even more people with their scams, I really do not like that it has come to this but the only way to avoid scammers is to doubt every single project out there that you see because chances are that those projects are scams even if you do not see a single sign that points towards that conclusion, you must assume that the scammers are so good that it's impossible for you to distinguish a scam from a good project.

In my journey in this space, I've learnt the golden rule of never investing any amount I can't afford to loose. I've discovered that no matter how legit an investment program seems, it could still go wrong. To be on the safer side and save myself more worries, I take every fund invested as charity with the hope of returns when possible.

All we know that scam projects are already have huge cases here in crypto industry. But if we are analizing about every project we can easily define the real project compare to the scam project. Always remember that you need to know if project's offers are feasible to give their offers. If is too good offer just think and analized it more.

the challenge is that scam projects are not the only ones that make a lot of people suffer losses, projects that suddenly fail ICO and only make a false state afterwards are still involved in the same box. All evaluations mentioned are widely understood by potential investors. The expected solutions are not just how we analyze them, but how they guarantee real accountability.

This is the best lesson so far. Do not invest what you cannot afford to lose. Do not invest your college fund from your kids, all your savings, retirement funds, etc.

Indeed this year is very bad in the eyes of investors from what we expect in Crypto, the many scammers make investors are no longer interested in the help of developers on new projects, the results of a good project just displaced due to shortage of funds or anything. But this has already happened until Altcoin season did not go back then and now it is willing to change years, yeah my hope for next year scammer disappeared and crypto comeback.

Actually not all ICO projects are fraudulent, among the many there may be some true and honest projects. yes I know fraud is not only happening in the ICO project, any investment if you do not use common sense as you say, then the risk will be exposed to scammers. But this is difficult because scammers are everywhere. Especially in the crypto room, scammers are more free to act. So choose and think about a good investment in your opinion.

We all know that not all ico projects are fraudulent but at the same time we know that the majority of them are scams and as such we do not really have a lot of options as investors, since my capital is not unlimited then that means that I cannot really afford to invest in icos because there is a very high chance that I will lose it and I do not want to go through it because I really believe there is a high chance the market of cryptocurrencies will go up during the next years and I want to be part of that.