Bitcoin Forum

Newbies needs to be prepared for this coming new year, scammers will try to take advantage of that year because bitcoin halving is already dropping the HYPE in crypto space  already, Learn to do research better, not all bad results in crypto are because a project failed, mostly are because of lack of research, with no good research you can easily fall for scam projects.

1) Do better research on new projects before promoting them or investing a penny on them

2) Visit scam accusation thread on the forum time to time, it will safe you a lot too

3) If you you have to invest always invest what you can afford to lose.

It would not help newbies in my opinion. There are thousands of thread with the same massage, but I did not mention less people taking part in crap bounties or yelling that an ICO is a scam and he invested 5k into this garbage, it is not going to end.

It's true we have to visit the accusation scam board to see the scamer caught there and in the archives, I'm sure there will be many who report on the board about fraud, so for me it's very important to open the accusation scam board occasionally.

Investing is always a risk, so whatever the investment, we must do the research first and never be influenced by others. Invest your money as best you can.

Many beginners really will not pay attention to the good advice of experienced members of the forum, because they come to the forum to get big money in a short time. Only after they are defeated in their own experience will they listen more to valuable advice.

I think you are wrong for that, because in my opinion beginners aren't that stupid now, because I'm sure they probably already know a lot of junk projects and con artists in forums today, and of course they will definitely be more careful of the fraudsters who make project.

I recommend to newbies that they don't invest in a new coin, since halving is coming it's preferable to invest coins that has proven their worth in the market, do not waste your time to these new coins that, some of these we don not know if it will generate support since majority of them are just imitation of the past similar projects in the past, two examples of these are exchange and green energy type of projects.

It is very easy to advocate for people to do research before investing but unfortunately even with thorough research on this projects, many of them still end up disappointing investors, knowing the right project to invest on is not always easy because some trusted project can also disappoint.

1 & 2 I always do before actually participating in the project.

3 I would never have made this investment if the ICO trend was still the way it is now, at least I saw a number of big successful projects and brought investors success as well.

Most of the investors starts to invest on a project when someone convince them it as a good project to invest but we don't have to trust anyone even someone close to you can convince and make to you to invest your real money.Visit B&H section where you can find lot of guides regarding research about new crypto project which could help any newbies who lacks that knowledge.

It's hard to trust an ICO anymore. Investors will only think it's a scamer so investing in an ICO won't be so successful, my advice is better to look for a good IEO trend like in the large Binance exchanges etc. so you don't have to worry about investing there because there have been many projects that have successful and running until now.

In my view, it's not only for newbies but also for experienced investors. Research is mandatory prior to investing in any crypto project.

Bitcointalk.org has done great effort in bringing many scam projects to public and saved many from investing into the scam. Hats off to the efforts of bitcointalk.org members for doing this public service.

I think not just the newbies but everyone needs to be very vigilant i have seen very promising and professional looking projects ending up as nothing, so even good projects can fail, i have faced many shocks and surprises in around 3 years of my crypto career so yes if you are mentally strong and can face losses (alongwith massive profit potential) then you are welcome to jump into crypto.

good job but I am not sure how many of the people will follow the instruction you have given and make the more secured to avoid the scammer around the cryptocurrency marketplace.
Well investors can be also a newbie but mostly that level stupids will never try to hear the words.

Also, just google the project + scam with it to see what accusations it has, it's just faster. And if you don't find anything, google team members and their histories by yourself.

Scammers don't need to use the halving as a reason to do what they do.  The situation right now is so bad that it probably couldn't get much worse.  Scammers are everywhere.


The above two snippets are good pieces of advice.  As far as doing research on projects, tho, I'm not sure how useful that even is.  Scam projects are very good at concealing the scam, so you might be convinced that a project is legitimate when the reality is, it isn't.

I strongly agree that noobs should at least take a look at the scam accusation section to familiarize themselves with how some scams go down.  At least then they might be aware of what to watch for if they're thinking about investing in an ico or doing a bounty.

You can simply avoid scam if you don't invest at all to new projects, that's all you need to do when it comes to crypto specially these days when there ain't no real projects offered anywhere.

But I can't find a possible way how they may be able to use halving in scaming. It wouldn't be easy to scam today because all eyes of the scambusters are open to watching out new techniques.

many new projects will probably emerge in 2020 and not a few of them will probably end in a scam. for beginners or for all of us here must be careful and remember, scammers will never stop. in a few weeks again we will get ready for welcome the new year 2020 and hopefully not many scam projects will emerge.

Very enlightening and this is indeed a guide for beginners, because the price of crypto has fallen and it still seems difficult to rise, while the level of trust is also getting lower due to the many ICO scams and even IEO in the crypto world

If you have done your proper research, investing in crypto is not as risky as gambling. So, there's no need to think you'll lose anything you invest in crypto.
I'd rather say keep at least 25% of your savings as crypto and not more than 50%. That way you'd have fiat when you need it and won't miss the profit crypto yields in the bull run.

This won't help newbies at all, truth is they like learning the hard way and I can't blame them for that, if you are not ready to avoid stupid mistakes then there will be lessons to learn in the hard way

Beginners tend to rush things and they are mostly wanting to get some big profits in a short span of time like you have said and indeed once they experienced things here inside the crypto world they will eventually realize the importance of those points that the OP said. And i think this is really happening, that newbies are really rushing things and it is rare to see newbies that do not rush things and carefully searching things that can help them in their investments, i hope this should be a guide for all of us.

Newbies are always too impatience, they want to make money quickly so they find easy way out but after they missed the right path they will turn back, we can't force them to learn first and make money later

Newbies, if they are newbies not just in this forum but also in cryptocurrency, should not even think of investing right away. Investment is not theirs to do while they are still newbies. What newbies should do is not to invest but to learn. When they are not anymore newbies because they have already learned what needs to be learned first, they may take another step or steps further and start to learn to invest. For now, as newbies, they should know what Bitcoin, cryptocurreny, and blockchain is.

A newbie who already know a lot of junk projects is not a newbie, everyday we still have people coming on here to join this forum and they have zero knowledge about how crypto works, these are newbies so instead of trying to find answers to avoid doing something stupid they just focus more on making money fast

Beginner have looking good coin for investing and never trust with some one recommendation with their project, many coin giving bad image for bitcoin because they take label bitcoin name and give scam coin site without listing on exchange market. But beginner always trust with scam site without have profitable although not really understanding with profitable giving by their site.

scam projects of today are smart scam projects, they look very real and serious this makes not only newbies but old cryptopian fall for them too, this days scammers reveal their identity to gain investors trust easier and freely walk away when they feel like

Scammers will always be amongst us even if regulation takes place in the future, the only way to avoid scammers is making sure the project is not from scam artists, newbies don't want to learn, take it or leave it, the zeal of wanting to getting rich quick always blind them

Newbie like me need to up date their knowledge and keep practice. Need hard work for safety activity and that's not easy. I only can say to follow news up date about everything you need to increase our performance. Manage risk is really important, we can analyze market, potential coin but risk also need to calculate. In this part I think we need to keep trying, never give up with scam project just keep going and good luck to you.

Invest is always risky but don't be upset about it if you take right coin invest then you will makes profits. I know many people here their getting more profitable for investment but there a smart people about it. So keep your mind and take research which project best or bad then you can invest.

the problem is getting the right coins, especially for beginners of course this is difficult. for me it is better to choose a coin that is in the top rank to invest, so it will be safer for beginners. and use a small portion of capital to invest in other coins according to analysis, so you can learn

I dont see any relation with bitcoin halving its just you metnioned about how to avoid scams for begginers. Youre post isnt the first one to introduced a guide and this is a shallow understanding. I think many has been aware of this. Can you explain the relation about the halving of bitcoin for this raise topic?

it is possible that 2020 will also be filled with new projects. so, it seems like there is a big possibility for scammers to make their actions again. therefore, the things mentioned are very important for a beginner, especially those who are new to the crypto world.
for now, learn how to identify a project, see its advantages and disadvantages. in addition, team background and partnership. Well, a lot of things need to be mentioned, but another suggestion is, don't be easily attracted to a lot of money.

This is great advice and it is very important to conduct your own research into market trends and investment offerings viability in the current climate as always, use a reputable exchange for trading that has good customer service and uses custody to insure its customers funds and you're likely to lose less capital

This is indeed necessary for the newbie. Many newbie's experience a lot of losses and failures in their investments because they invest based on what other people say or because they are tempted by what is said behind the project. Because I think many newbies don't understand and understand what cryptocurrency is and how it should be done so that they are not easily influenced by what other people say, it's better to take the time to read about cryptocurrency, how things should be considered so as not to be affected by the project scam

It's true and it is the reason why many of us are in doubt whether to invest or not because we can't assure ourselves that those projects isn't a scam unless you've done your own exploration to find out if it's worthy. The saddest thing about it is that you can't easily say their true intention and there is still a huge possibility that they will distance themselves and hide if they have finally get the benefits they wanted. No wonder why many of us are hesitating because some of you had already experience it and you just don't want to do the same mistake from your past. Scammers these days are getting wiser and they will always find a way to get what they want, you should be cautious in very decision you make because it is your responsibility as an investor. Don't make yourself fall by their promises and words, have some research to make sure and be attentive.

Not only applicable for beginners, but also for everyone even if you've been into cryptocurrency for a long time. Scammers are always there so we should always be careful with our assets. Everyday, different ways of scamming are emerging. They keep on innovating their ways of scamming that's why as a user who doesn't want to get scammed, we should always be aware of what's happening in the crypto world. Always seek for news, updates, research so you can avoid scams and hacks.

Binance IEO is the only option in 2020 onward unless new style of ICO fund raising is introduce, many scam projects will still show up in 2020 so I will prefer to walk in a safe direction

the chances that another bullrun will happen is very high, if we look at how successful payment services like wepay and alipay have become in China I can't stop thinking that in the next three years everyone will start holding Cryptos for payments, many projects will fail and many will be successful, research is the best tool to use

This two you mention are probably true, We must do some reasearch before we participate those bounties. Because one of us in here if they saw BM are trusted they participate on it even not newbie are those one already and after the end that would bounty rewards happen so that we need to research if we want trusted bounty. Visit scam accusation thread are most important if we are bounty hunter we need to visit on that thread sometimes. 

Yaps, actually from our own careless and greedy, hear promotional ads and hope your money can return 5x in the near future (that's a stupid thing). specifically the ICO project and if next year the altcoin season, surely many projects will be accompanied by fraud. what the OP says at points 1 and 2 are very important, and before investing you should go through 2 procedures. besides that you have to be sure and pray a lot, if your money comes back don't forget to be grateful, okay.  ;)

Research is always the best tools for you to comes up with better investment. There's a lots of possibilities to happen though it's always the investors who will shoulder all the responsibilities to catch up. Don't invest your money into something that you don't really understand. Keep in mind that it's your money that you need to take care.

The fact that scammers are now smarter, they announced a big project with several partners. But after that, the project did not develop and just stalled without any demands, this was called shitcoin. And I think shitcoin is also a semi-fraud project, although not all shitcoins are owned by scammers but now scammers are smart enough to wear masks.

Scam section will not even discuss the shitcoin project because they only discuss scammers that are blatant. And remember don't look at the project only from BM, but try a deeper analysis.

Researching the best altcoins and investing in good projects will save investors from frustration. The more they analyze the projects, they will have better market understanding, from my experience. Scam projects are everywhere in online platforms, being careful is necessary for this situation. Fools always go for the easy money but they forget the first rule: The easy money is in the mouse trap...

Very valuable information for not only newbies but all those wanting or participating in bounty campaigns. These days, many bounty hunters especially newbies are falling prey to scammers. It is because they lack knowledge enough to know the crypto sphere and bounty campaigns. So they need to conduct research before joining any bounty campaign.

I believe newbies are among us and they always come across OP warning from time to time even if they don't visit scam accusation thread but still they will make mistakes, making mistakes is how they will learn, remember that playing it to safe will not open your eye to new things

New people can listen if they think and learn, if they ignore the advice they will fail then they will have experience and will learn our advice, new people always get stuck Mistakes are entirely possible.

This is often the case, where when they have gotten a failure or loss from what they do. They will start to complain and ask for advice on what should be done to avoid this and this is a natural and frequent thing in cryptocurrency. So for beginners it is better to take the time to read the discussion about cryptocurrency, be it trading, investing and also bounty hunting so as not to get a failure or to be able to better understand about it.

now there are many review sites, like icobench etc., so it's not too difficult to find what they need. But still they will be trapped in the influence of active communities on social media, and in telegrams will also be the same. Trapped in expectations by comparing price increases because the hype will make them think abstractly, but I'm sure this will only affect beginners who have experienced the same thing, and not beginners who have never been involved.

First thing first its advice able to invest only what you can afford to lose because nothing is certain in crypto world, gains and profits are always around the corner but risks of losses are present as well

I like your opinion number 3, most beginners do invest their money on a large scale in the crypto currency project, they just want a big profit without knowing the risks, if you trade, and invest, at least use your money half of your life's money, that's will help you in terms of emotions when trading, of course, equipped with trading knowledge

I think the biggest problem for beginners is that they are impatient. That's why they usually invest without much research. But in order to learn the crypto world better and make healthier investments, we always need to do detailed research. And always we sholud be patient.

I was once a newbie on this forum and posts like OP help me a lot but I guess it all because I wanted to learn then, I came from HYIP investment plan and I lost some money already, I never want the same to happen that was why I learn crypto basics first

Ethereum just had the Hardfork a few days ago, now is the time to be extremely cautious, the better the innovation, the smarter the scammer tend to be. I expected that within this new sector of finance dealing wit hBitcoin and cryptocurrency, their were bound to be a numerous amount of scams floating around. This should be expected, the market is really unregulated and the year of 2017 proves that. How else could the market price pump to $20,000 taking the altcoins on the ride with it, only to deflate indefinitely? Now we wait patiently for the price to recover and finish correcting itself. It's going on two years now, almost 3.

Well, I think it's not only for newbies. Even people with enough knowledges and experienced ones should've always be more careful. And always be cautious of anything, anywhere and all. Scammers always comes with a new way of scamming their victims-to be. Whether you are a newbie or not, there's always this small gap for scammers to tricked you into their trap.

Especially with bitcoin halving in the coming year, I can't imagine how many ideas scammers came up with to fraud those poor soul.

i also believe with what you are talking, they will create a kind of scheme next year and for those early people who know that scheme can earn big amount so we should watch what it be and you can also earn from it .

What kind of schemes does created that does early adopters can benefited though? Provably it's another scam scheme since that words is so over use by scammers and maybe it's best to not look for new ICO coins and stay focus on Bitcoin or maybe on ETH,LTC, and other top coins since for sure they will have a great future on next year timeline.

in my opinion for a beginner, it is still too risky to start investing in a project, even though the profit opportunity is large. but it will be even safer if investing in altcoin is already widely known to many people, the market is already known to many people and you for beginners will also be easier to get information because altcoin is certainly a lot of discussion. for example etherum, ripple, doge, xlm, and many others.

I think new people will always listen to the advice of their predecessors, because new people are obviously still very minimal in their knowledge and they also want to learn for free from people who already have a lot of knowledge and experience in the field of cryptocurrency.

I agree to what all you said but the problem is newbies are taking this message for granted. Some are lazy enough to even read the arcticle. Because everybody were all thirsty to join campaign, or invest something without even reviewing what the project has or if it seems suspicious.  But I really commend this topic, I just hope that newbies would care about this kind of stuff.

Nice one dude ;). This one suits very well for busy and as well as lazy people out there. Actually, this is the fastest way I could imagine to know if a certain project/service/platform got fraudulent activities. Imagine, all you need to do is to get updated on the Scam Accusation (Reputation is helpful too) and you can now filter the scams from legit ones. Plus, you can see testimonies there from our co-members so you can really weigh which side would you believe in ;D. This only proves that our forum is the best one stop place to find everthing inside our beloved crypto sphere.

I think traders and novice investors just don't know where the right article is because there are more articles that are not right, for the better it really needs a companion for these newbie traders so it's not spent by fake investments or scam projects.

Beginners need to learn how to select information which is extremely much on this forum.
I see no reason for a beginner to conduct and rely on his own research because he will not have enough experience and skills, because they are acquired in the process of research.
Thus, the study of other people's analyzes and comparing them with one's own opinion will be a much wiser act.

For beginners or newbies who wants to try out crypto. It would be helpful for them to learn, study how to trade. Learn all the basics of trading cause once they have mastered it all, it would be easy for them to get a profitable income rather than investing in ICO projects that don't have any assurance of success.

As for me, it will still be a big help for beginners these days. Most of them are just seeking and waiting for advice so it will be an advantage if we'll share our knowledge with them. It's also important that they will do their own research on how to observe the movement of the market so they wouldn't rely on FOMOs and fake information being spread. Newbies and beginners now are aware that they need an advice from experienced people here in crypto world.

Not only newbies, scammers will and can still victimized old timers, they are good at what they are doing now, they are good at making their projects very appealing and looks trustworthy, so not only newbies but old timers as well, education is still the key.

I admire you on how you value newbies and future investors by doing this thread. I really hope that this warning post will really help understand and be aware that some projects are scsm and they have to be very careful. I think what I can only say to them is that TAKE TIME to READ and DON'T DECIDE FAST.

Beginners are always trapped by fraud, yes most are like that, because of the lack of knowledge for beginners and most of them do not want to learn it first. If you are trapped then newbies will realize that it is important to have knowledge before they go directly to invest.

 i will advise newbies try to carry out diligent research before investing in crypto . Do not  FOMO else you may all your funds. 

Newbie who just got to know this forum and is still getting started on joining the bounty is still not very familiar. You have to learn and keep reading so you don't get caught up in a scam project. Suggestions for doing research first are very appropriate, then visit the thread thread allegations that have been available many researched projects. For investment it seems that it's still too early and still needs more education.

You need to understand that the fraudster does not sleep and is always on the alert. These rules are unlikely to help anyone because the further the scammer becomes more skilled but whenever you doubt it is better to think and even better ask the more experienced on this forum.

The projects now a days are good at hiding. They can easily cover their motives. They can act all good without people even noticing. Again, if a project looks all good, this does not mean they will not fail. There are projects that failed because they just couldn't achieve what they wanted to.
No need to continuously visit the scam accusation thread. Google is your friend. Just learn how to use it properly.
Your third point doesn't make sense. Invest where ever you think is good. You have to sometimes take risks!

During Xmas time many scammers come out of the wood works because they know people are spending money and it is the holiday season so they are excited and mostly in a better mood. Perfect for the scammers to take advantage of the situation. Ultimately people really need to follow their instincts. Always ask yourself why someone wants you to do something so urgently. Scammers cause urgency and panic and FOMO to get you to do things without properly thinking them out first.

but if they don't want to take the risk it will be better and it is strongly recommended to only invest in famous coins then that way you will get a better profit because you are investing with money that is supposed to get good results. after all, we don't need to wait until halving happens if we want to invest for the long term, because starting now will be better because when the bullish trend and crypto season arrive we at least hold coins that have the potential to earn high profits later

Thanks for the information you have shared. I will listen to you, will research better before promoting or investing. Learn how to research better to avoid falling into fraudulent projects.

You said it very correctly.
At least I value my work and appreciate the money that my work earned.  Based on this, I can not afford to lose something and therefore, in any case, I put as much effort as possible to study any project and all the information that is on the forum for this.  Based on this, I really agree with you that advising users to invest only those funds that you can afford to lose is not entirely correct.  Of course, today on the bitcointalk forum there is a lot of information on how to protect yourself, and many users work for the benefit of the cryptocurrency user community, they find and indicate fraud.  But scammers are constantly improving their work in order to deceive people as much as possible.

Mean while many not yield to this warning because of greediness. I was a victim of the new days of Bitcoin and was an experience for me though. Many have gone through this phase and learnt from their mistakes. Frankly speaking, many will still fall for the game of scam due to greediness which is human nature.

Not only new members but also all of us need to constantly research and develop. Since this market is a market intertwined with technology, it develops very rapidly and changes very rapidly, so it is not possible to advance one step or make money with the same knowledge. For this reason, not only the newcomers, but everyone should constantly add new information by doing research.
Secondly, it is very important to get acquainted with the project before investing, because doing a few minutes of research can give your investment a very different direction. For example, with a few minutes of research, you can find out if the project to be invested is a scam or a really successful project and determine your investment decision accordingly.
Finally, I would like to say that it is not always right to invest. In addition to your investments, you should make savings and be prepared for any situation. Yes, investing is more attractive and lucrative than saving, but having some savings in response to bad situations or new opportunities is also an important detail.

This is an important thing that is often missed by newbies. Many newbies are interested in cryptocurrency just because they want to get big profits in a short time, without them knowing there are many risks, so they are always affected by the lure of instant profit. Without knowing what they were investing, they gave their funds, without analysis, it was very fatal. This applies to investors and bounty hunters. Let's care more about what we will support. Don't let your money and time go to waste by supporting suspicious projects. Although many things are unpredictable, and this all depends very much on market acceptance, at least we are trying to choose potential projects, not just being affected by FOMO that is detrimental.
Old players also have a chance to be fooled, but newbies are easier to fool. So, let's study together, cultivate reading, and don't be easily influenced by the lure of instant profit by asking for funds in advance, immediately stay away.

This is indeed a good warning for everyone not only on the newbie, because as of now there are still a lot of scammers out there so we should be alert in every step we take, we should be aware of every decision we make because at the end of the day we are the one who is responsible for our own money. Before investing in a particular project, just make sure you have studied well that particular project so that you know what is their plan in their entire journey. You can actually check it on their whitepaper in which all their plans are stated there.

Most of the newbies are not yet good in research, what I can recommend to them is keep on reading in the forum so they will become familiar on how the projects work,how the investment become profitable,what projects should they avoid by reading the board that is appropriate to it and many more.

It is not easy to be a newbie, therefore in my end I didn't rush to learn things in just a short period of time instead I use my time reading and understanding the necessary information that I need. It's about patient and your willingness to learn, just don't be greedy so you can invest safely.

These advices are really good for newbies, and i advise newbies not to rush to make investment decisions after reading expectations from the members ’responses, because everyone here expresses his opinion and his personal expectation, Also, they should download any wallet to their computer from the official sites and stay away from suspicious sites and fake bounties and ANN topics, make sure you are always on the official topic by searching for the project in the forum and Google.

1 and 2 correlates in DYOR.

"Doing your own research"

This is a mandatory attitude of every investor in crypto because if you are not, the chance of being scammed is high. Avoid also being shilled by a stranger, get to know them first and the project they are telling.

Yes newbies do these mistakes and after that they regret. But I want to say newbie should start trading or entry in crypto with top coins. Better not to invest in ICO/IEO if he is Newbie. Newbies should make a habit to make research and read articles. If Newbies follow your 3rules maybe they will understand what should he do.           

This is a very good tip for newbies
But note; everyone of us has to be prepared and calm.
Either experienced or newbie; dyor and avoid strange exchange websites

The safest place to store all your assets is to it paper wallet or trezor

You're right. Beginners like no other should care about their safety. And the most important thing is not to do what you don't understand. Because in the crypto market, you have to keep everything under control, but if you don't have enough knowledge, then it will not lead to anything good.

This only applies to projects that are in the ICO, IEO stage but not on old projects that are already in the market and have already big supports from the community, it's better that people stay away from these new projects and just invest in the old ones.

In this space, just as much as you can obtain profit, there is also high possibility of losing you'd investment, except you are afraid of taking risk, which inadvertently means, no profit for you. If you will invest, invest that which will not make you to be pained, irrespective of how much you lose.

Agree, to avoid scammers, we should do in-depth research. With research, we know what the project is for and how it plays a role in the business world. And I also agree that to invest, we must use the money we can afford to lose because the risk in the crypto market is also high

did you know this is not just for newbies, everyone needs to ensure all this to keep their money safe. my advice like most people, try to avoid investing with ico and trying to find projects with ieo. maybe it's almost the same but ieo won't make our money just disappear like the ico projects

For beginners it is better to invest in free coins, in addition to minimizing the risk it can also be made for them to know how or what the coin price movements are like so they can ask advice from others what they should do to survive and earn advantages of cryptocurrency.

We cannot blame those newbies in crypto on what mistake it make but lesson learn for them on that because we also experience a mistake that would never forget in all time. Starting trading for newbie Ill think that was hard for them they need more time kind of things, Just make some research first on what step that need in trading or ask someone has expert in trading.

For the sake for those newbie in this crypto just do own research because not all the time we always here to guide you.

A scam can happen to anyone. In general, we have to be careful with crypto.
for newbies, I would recommend Newscrypto.io that gives you that first steps in crypto with school, prediction, basic tools etc.

Thank you for that comment  lot of them (newbies) because sheer greediness will never heed to this warning especially the gullible ones who might be scammed with Ponzi scheme promising them juice rate of returns will always fall it as usual as far I am concerned this message came at the right time

Huge desires of humans can be used against them easily, it's the same thing that is happening with newbies, they always want to get rich without much sweat and it's impossible

Correct. I spend with you, that for beginners need to examine first before actually plunging into the world of crypto. Moreover, the cryto currency is volatile, so it has a great potential to fall. especially lately many fraudulent projects that continue to emerge.

To summarize what you said into 2 words only. DON'T INVEST.

You consider yourself a newbie? Then don't just throw away your money into something that you don't know or simply don't invest at all if you are afraid to lose. Investing has risks and investors even newbie investors must know that. Anybody can be a scammer and now that the halving of Bitcoin is fast approaching, the best thing to do right now if you really want to invest is to just invest in Bitcoin. Nothing more :D.

Newbies always need to be alert, what does the next year have to do with it. Such warning messages will not save anyone. Only experience and technical literature on trading, perhaps you should still follow some more experienced trader or several, taking into account their experience and relying on their own logic.

really appreciate what you say about "learn to do research", it is clear what you say is a must have for anyone working in the crypto field does not have to be a beginner.
because every day many new projects grow and to analyze things that are certainly not easy, because many incidents that have been successful and have given tokens can be fraudulent because when there is a price drop in accordance with expectations that have been built so that it is actually detrimental.
I am more happy with what you said in point 2, ie do not be lazy to visit enter and visit the scam information site forum.

Exactly, this is not only for newbies but also for every crypto users that need informative things like this. This is not only because of new projects coming in crypto space but because this technology is improving.

This bold statement is one of our needs, to at least know what is happening even in scam accusations to know scam projects and avoid them immediately.

actually what is said is not only for beginners but all who still follow crypto more precisely.
because all must also continue to learn because new projects by means of fraud continue to grow and cannot just by analyzing quickly, cooperation is needed to be able to know that a particular project is a fraud.
I strongly agree that a scam new project complaint forum can be held so that all is not affected by it, rather than just relying on one's own experience or others who are not necessarily correct.

I think this is not the first time someone give advice to newbie about investing. Only real people can follow this guide and the one who uses his brain to think first before putting big money into it.

ICO is dangerous so if you just take easy on it and surely you will regret this kind of stuff without realizing that you gotten scam already. Thanks for the tips, and surely out of 100 people commented here Im pretty sure only 10 people can follow and not fall for scam ICOs.

Yes, it is absolutely true for beginners to be very careful. Since now scammers are preparing a large number of different tricks to attract Internet users. To benefit from this. In order to participate in projects you need to be very careful. Since you can fall into the hands of scammers and be left without their funds. I recommend looking for help from people who have extensive experience on the Internet.

I think it should be all the time that you are investing in Cryptocurrency, there are new coins or projects coming in, and there are old coins that stopped giving their investors update, not to mention MLM and high yield package project, we should at all times be alert on the projects that we are investing be slow to buy and do research, but be quick in selling when you notice something wrong is going on.

You are right, newbies motto is earn first learn later and it always works out that way for them  ;D ,it's a waste of time trying to warn newbies because it's certain that they will never listen

Newbie just allowing with what he got from bitcointalk tread, they look not try for researching which one legit and scam ICOs site for investing, but next time always have many way how to know whit scam and legit site for promoting and investing by looking who the owner and team advice in ICOs project, we can research on ICO rating site with some project investment.

The question is that, do they have any capital to invest? If there is, do they really have knowledge and confidence on what will happen to their money?
Wethere yes or no, it should be a question for newbies. Getting ready is good enough because you will never shock or amaze of what will you confront amidst of your trading career. As we know that the market of crypto is volatile enough to eat our capital.

A good beginner and smart before investing or anything will definitely do research and learning first and if indeed that person is really very new in the crypto world, must make adjustments and must start with good knowledge for at least 1 or 2 months to recognize and understand more about the world of crypto and its risks, especially the fraud that has occurred so far so you are more careful.
many beginners invest in projects because of greed without prior knowledge and are tempted to get large profits in a short time and finally regret it, and after everything happens they just learn it.

Yes correct you are. Most of our newbies does not know the rules of forum. They think its only a method of income and as a result they make start bounty from first day of forum. So maximum times they make spamming posts which is opposition of forum rules. On the other hand investment also same here.

So newbies should careful in forum rules.

that is true this season should be a time to celebrate life and family but other people just can bring good food at their table.
also, be aware of this kind of scheme, it's not about projects but we all do have crypto friends on every side of the world so sending money is also targeted by these scammers.
see link https://conversation.which.co.uk/money/facebook-account-hacked-posing-scam/

At least this gives more awareness to the newbies rather than doing nothing. Remember not so many newbies are aware about this. OP was trying to do his best by created this thread. Such a warning massage will give more awareness and that plays a lot in this case. To choose the expert traders is not an easy task to do.

I think it is a good topic for newbies and also for all crypto related persons. Before investing and promoting in a crypto projects we should research and investigation properly.

That's the reason we have this forum and why we are here, and that is to help each other, to warn each other, to guide, to learn, to introduce etc. especially for those who are new here, and good thing that there's a lot of experts here who are doing their best to guide newbies, so for newbies, it's your turn now to at help yourself too.

i can agree with this, i guess the real question now is: how do we, who maybe have a bit more XP in this space, helps these newbs?
Do we be hard on them with their stupid questions? do we coddle them like children? how do you know which ones are scammers or worth the invested time?
people need to take care of themselves in the end, thats something each generation is losing i fear.... : /

Hey. This will not help beginners. Firstly, because they do not yet know where to look for information. Secondly, because they are newcomers))  ;)we were all like that and each of the newcomers is destined to go through. And in advance to guess whether the project will be successful unfortunately is not realistic. Here, even experienced ones can make mistakes.

Why only newbies, all of us on this forum should not fall pray for any scam project, we should take care of our hard earned money. Before joinnig any project, be it a bounty campaign or for investment one shall properly research the core concept and about the team profile. I have seen some projects on this forum which posed as genuine in the beginning and later went scam. This is the need of hour to save crypto community. Scammers are everywhere and we shall stop them.

1) Research,  Have a take a look always on white paper, teams, project use,  and also transparency of admin.
2) Yes visiting scam accusation thread here in forum will  give you idea what ICO or IEO need to avoid
3) Invest money that you can afford lose is also good,  and also invest in ICO that you think will give you huge profit.  Maybe 3 so that If you lose in 1 you have a 2 that will give your proft and recover your loses on ICO no 1.

1. Yes, research is your main key before joining or taking part in this industry. and I think investors already know about this step, on the other hand smart investors will never invest their money in the wrong place.

2. That's right, I personally always find out about any project there, in my opinion this is very helpful for all of us especially investors and prize hunters.

3. Never invest all your money just to invest in a project, my suggestion is to set aside a portion for real investment in the top cryptoqurrency in the market.

I like OP's intention for helping those people who are new in crypto but I wonder if newbies reading this thread :D Anyways the most important thing is that in every investment, you must be knowledgeable before investing your hard earned money whether in crypto or in real-life investment.

sometime scam project give you a lot of reward, tempting, but you dont forget to do what op told. when you promote scam project, its danger for your account.

i think, experienced member will do research before start promoting some project. and real newbie, start looking on the reward.

knowledge is indeed important in the investment field because we cannot produce in an easy way, because we are risking our funds. maybe some newbies don't care about this, especially for those who don't have people who can teach them.

Every newbie should study about cryptocurrency firsthand before either investing their funds or time to promote projects. Time is money and should be valued as money.

It doesn't matter, those projects nowaday are so good at hiding their scam and crimes so it looks promising at first yet when it comes to be listed on exchanges or after IEO they are 100% gone. You can't just do a research and call it "done", that's not how it works.

It would save your time, yes! But that section doesn't cover all the projects, so you have to do it by yourself.

I bet they won't invest regardless of the project.

Why only newbies, scammers are also targetting old and veteran investors, that's added achievement if they can scam veteran investors, newbies, and veteran investors should always take a good look at every project that they are going to invest and promote, now is not the right time to be complacent.

Experience is the best teacher they say, besides each and everyone of us was once a newbie before knowing more about crypto now, so most certainly newbies will have to gain some experience on there own to understand the crypto space more better.

To tell you mate, not even newbies got scam even high rank forum members here are also been scam with some malicious projects. Why? Simple, they just keep rooting for those quick bucks money and not giving priority to those  more important such as product or services of the projects they promoting.

Newbies in terms of trading or being into project that are too good to be true. One should know to learn from their experiences as there are many opportunist that will attack them once they fell even at once. In crypto scamming is normal so we should be smart enough to identify them.

Newbies are mostly the main victims of the scammers because of their lack of knowledge. Newbies should not yet put money or make investment because their knoweldge is still not enough. Most of scammers are have good marketing skills and that's why the newbies that are getting victim are keel increasing. If the newbies will focus on improving their knowledge first then they can avoid scammers in the market.

Good tips but most newbies just jump ship without research in my opinion. They often think that crypto is a get-rich-quick thing so they just invest what they have, blinded by greed sot hey often get scammed by their own doing.

1.You can't exactly find a good project by doing even an extensive research,only we may get an idea.

2.That is good point will save lot of time.

3.Thumb rule for any investment.

We must admit that the victims of scammers are the most experienced by newbies, because newbies still do not understand the world
of crypto. So for newbies more difficult to identify fake projects. Unlike senior investors who already know how to distinguish real projects
from fake projects, so senior investors are less likely to be exposed to fraud. For newbies, they still can't manage their emotions, so
newbies are greed uncontrollable. So many newbies are become a victim as a scam because the reward offer is so large. If you find projects
with reward that is to be good to be true is a feature of scam projects. So newbies really need to be given a warning like that already mentioned
in the opening post.

Yes you are right. Not only newbies but this is warning to all of us. Because all we know that we are here for business so scammer always look at as a opportunity becauae we are always dealing in every coin transactions that can converted to cash or fiat money. I agree to you that you need to invest in a amount that you are ready to lose because all we know that every investment and transactions here in crypto world is very risky.

New bounty hunters right don't even care whether the project is a scam or not. It's because they are just after the compensation so they blindly follows the dev team. This ruins the industry especially the image of many bounty hunters. Indeed, visiting the scam accusation really helps for us to crowdsource information and confirm the false news to real ones.

Your advice will be of great benefit to new investors. In this world whether new investors come and start investing without the market trend.They think that investing here can only be beneficial.Their ideas are wrong.

Thus it make difference in previous and present year? Scammers are always around regardless of what year and implementations will happen, their numbers continue to increase as long as there's always a victims who fall on their traps. The best advise is stay cautious and vigilant or better stay with crypto if you don't know the consequences.

No matter how cool the project looks, you should not invest in it at the first opportunity.Personally, I watch the project, its development and then invest.The fact that the project may seem very cool,but if there are any difficulties - just disappear.That's it!

I absolutely agree that own research or at least some kind of analysis is required after finding one or another solution. But from my perspective, you should be also having some components you pay attention to after finding new solution, like its prospects or so

Fully agree with you here mate. For example, talking about me, I am always looking for practical value, some kind of latest technology implementation and prospects

From my side I would probably add team experience and the industry itself, kinda to evaluate adoption. And are there many solutions that meet your requirements?

Nope, not many. Probably 3 or 4 more interesting and attractive ones

What are those? Or well, probably just 1-2 most advanced ones you can recommend

Hmm, the most advanced one from the ones I follow is definitely Sapien Network - have you heard of the guys already? Cause they are pretty popular these days with a unique and professional product. In few words, Sapien could prove to be a viable and popular alternative to current existing social media platforms. More and more people are increasingly getting fed up with the way Facebook, Twitter, and other social media companies are mistreating them — from selling their personal information to third parties, to bombarding them with ads they never asked to see. But of course, better Google Sapien and check out their website to get deeper into what the guys are offering

At the beginning of 2017, investing at the very beginning was usually a great investment. Unfortunately, during the bear market many projects encountered unexpected difficulties, which you mentioned (mostly financial) and unfortunately just collapsed. This cannot be predicted 100%. However, you can eliminate a large risk element when you do our own analysis of, for example, the experience of people behind the project - have they already achieved any success in the industry. Thats for sure good advice for new investors.

Newbies just need have a common sense and don t rush in to the every new project without research. That s all new people in crypto need, experience come with time.

You hit the nail right on the head @OP. These are the fundamental rules in the investment into cryptocurrencies, ICOs, IEOs etc because without this you are likely to fall into one hell of a big scam. One thing that is worthy of being mentioned is that, never be greedy or else you will lose everything that you have invested.

Sometime, all of it really not concerned by newbies. Although not all, but some people start to make investment because they are influenced by other. Because of that, a lot of people really trapped in ICO that not really good when the sale already end. People should really make analysis in every aspect before do something with their money.

What you say is true, we only need to watch it, how will it progress in the future? If the project is good, what works on the road map, then it is up to you whether you want to invest or not. Clearly, a new project, there will always be difficulties and if you can't solve the problem. the team and the developer will leave the project dormant.

Not only in investing or in trading, we are also doing this in real life, for example you are doing a job, you are new there and what you need to do is to learn the process as much as you can so you can get promoted so you can earn a lot, so we could also do this in trading/investing, we should work hard for us to  learn as much as possible and to earn as much as we could.

You should replace the word newbies to all or everybody, as even experts and old-timers of this forum can fall victim from these scammers, we all know these scammers are getting better now, and they can make a project looks good in paper, it's everybody's battle to fight these scammers not only for newbies but for old members as well.

Becoming a newbie member does require even broader knowledge and continues to learn. All can be learned in this forum if newbie members are not lazy to read.

Many newbies are trapped in fake projects, scams, HYPE. If I follow the advice of the OP, I think the newbie members will also be a little helped and can avoid Scam projects.

Very educating for the newbie. It is true we beginners should be careful in doing something whether it follows the campaign, trading, investing, research and so on. Because all have the risk of each to be understood more in order not to suffer excessive loss.

Newbie traders usually not only from lazy reading but from various articles that sometimes mislead to them, that will make them lose, it is better for traders who want to learn it must be accompanied by professional traders and as much as possible really support and provide information that can accurately explain whether or not the method chosen.

Upon all the warnings on here scam projects still see huge people patronizing them, i guess people don't like learning first until they learn so i think warning newbies is a waste of time

Crypto is for the strong, both physically and mentally because its full of bad news and good news, luck every corner as well as bad luck as well, you can't predict which project will turn out good so its better to be open to every projects you see, do not keep your eggs in one basket

investing in anything is risky, people should know about what they're investing, before they put their money on it.

Scammers will always look for opportunities to earn money in various ways. Halving might be one of them but in my opinion what needs to be watched out for is scammers that occur in new projects or ICO. Although IEO is an alternative, but if prices fall far below IEO prices, in my opinion this can be categorized as a scam

It's much easier to follow real traders who have the good reputations people who have good knowledge that will share and guide you into the right path. The references  of success is higher than those who start from the scratch and keep suffering from different mistakes.

You have to be precise knowing the right communities to back you up  with your investment plans.

Crypto is not a quick money making investment and there are many risks involve as well, every crypto investors should know this before jumping in, even with research you will still make some mistakes just learn from them and keep hammering towards your goal

My only advice to the noobs is to remain vigilant. Too many scam projects are around, and new users should invest only in those projects which they are 100% sure about. Visiting the scam accusation forum will help, but remember that in most of the cases the projects turn out to be scams only after the ICO/IEO phase is completed. And by that time, the investors might have lost their capital to these scammers.

many people thinking the easiest way to earn money was investing in crypto market. but they didnt understand about the risk, and only thinking about positive side only. many people concious when they already suffer lot of loss and finally regret know this market. financial market only suitable for investors that totally learn about risk and reward.

Obviously, and to find out we must use enough research for investment, because the risk of investing is large, so our research must also be large, so as not to suffer losses in the future.

research is important but not always our research will actually happen. so in fact research is used to minimize the possibility of bad things happening, so we can know the possibilities that can happen when we invest in coins or projects that are invested

for the investment case, it seems that new people will be more careful and choose safer coins. but for new bounty hunters, they will have difficulty finding a good project. Yes, research must be done, but after all, everything is just like gambling.

After so much warning, people yet will do mistakes. Sometimes newbies fall in a greedy trap because they have a lack of experience or they don't do research well! Whoever follows this three-step, they won't get scam in crypto! You are right that scammers are alert now as a new and big hype is running, so everyone should do research as much as possible before invest!

the lack of desire to know more about the problems that exist in crypto makes people still trapped in deception in crypto. so we do have to always read before looking for projects or coins to be invested, so that it can be profitable when we invest in it

4) You can also check the team of ICO /IEO so that you will know if they are transparent.
5) Its good also to read white paper and understand what thier true intentions and what use case they have to attract more investors in the future.
6) Get advice from some member here or in your friends that introduce you in crypto i think they now whats scam and not.

newbies should not working too much with research as they might goes insane crazy to think about the movement of market and developer while they must learn english and english literacies of more before they propose to become candidate of future president with their country.

No one wants to lose an investment, but losses occur over time. Fraudulent planning occurs due to failure in the team project. So they have to stop the project, delay, even many who run away. At the beginning of the project launch, it was very difficult to distinguish which ones were real, and which were scams. While most of us invest at the beginning of the project, because the bonus offered is greater.

Yea even with investigation, some projects will still flop but it's better that some fails than involving in a project without any knowledge at all, I believe that will be a total loss, do I believe when you make investigation, you can never have it all wrong

It's a must that newbies should be obliged to do research. If they'll keep on thinking that most projects are safe and will never scam them, it's a negligence of them.
It may not be our money but we should help them and increase the awareness of the existence of these scams.

Don’t invest in ico’s unless you do a ton of research.

Many of the last projects were either scams or were projects that didn’t have a chance to succeed for various reasons.

I already did that and not helping, as newbie we I do the best I can to avoid scam project but fail. There's no significant parameter/ rules to detect scam project/ investment program so I research everything but fail always become the ending. Now I only see their respond in social media and telegram channel about users problem and up date information. As long running well I follow the project/ investment program but only use 10% from my fund.

Yes, I agree with you. That is a good suggestion for beginners. but I don't think beginners will fully obey your advice. because they are new to crypto they will be easily tempted by large fees and careless in making decisions. and those mistakes are natural if done by beginners. over time they will make a bad experience in crypto as a lesson. the important thing is they are not desperate to continue working and investing in cryptocurrency.

Many hype site looks like with bitcoin and they use label and symbol bitcoin or altcoin, you have be careful when finding whit some project giving promise about profit in daily day several percent, its bullshit system giving by hype where if you invest late you will be watcher without get back your money and profit in hype project.

Tips doesnt work 100%, but at least, it can reduce a risk in something
The basic thing before investing indeed do research, that's clearly a must

if we already done research but it still fails, there is possibility that the research isn't good
but we blame that the research doesnt help at all

Reducing risks is actually the only thing we can do! Risk is always present, that's a fact, and when we know that we need to be ready for any kind of outcome, no matter how deep research we did, no matter where from we received a tip, or anything else, risk is always present. People search for safe investment, for 100% secure profit, but that is just a dream.
Newcomers and all others need to be aware of the risks, and to not be desperate if they lose some money. It's the part of the process, it was always, you win some you lose some, it's the game. If you don't wish to lose don't play it.

Of course they are newbie and I think from the topic of money they are scared. I think a lot of newbies didn't easily adopted from the investment because they really didn't know it.

If they experience trust or get a legit investment maybe they've a chance to get scam soon.

however this depends on how they respond, because hype gives a large return income like 1-10% / day, depending on each project.
usually beginners always ignore this warning.
they don't seem to know the direction and try whatever they see, so yes it depends on the individual.
at least you have given an explanation.

It's a good one, only if this newbies will adhere to your advise, then it will help them, but I'm sure most won't do research because they feel it will waste their time because they need to cash out fast and as a result will end up in loss. Well the key thing here is alays invest what you can risk to loose.

This is another big issue. Even if the project you have invested into is not a scam it is one that dies because of least support and useless whitepaper which is unable to attract real investors. As you said, everyone is supposed to do deep research on projects before involving with them and if you are lazy enough for that, simply go for the projects that are already popular and trusted by people.

we have to really know the project being invested because if we can't find out then we can get stuck on a scam project and possibly also projects that don't have potential in the future. knowledge must be possessed when investing and other things must be supplemented

to analyze projects requires skills, so don't give up easily to learn to analyze a project. in this forum a lot of suggestions that can be learned so that we avoid fraud projects. therefore we must have an open mind to absorb a lot of knowledge

it will be like you said. newbies come to the market and first, they invest in the cryptocurrencies that they buy according to the recommendations of friends or some bloggers. They lose their money and only after they lose money they go to the forums to look for the answer to why this happened. only after losing money they are getting experience and then they begin to analyze new projects and learn how the market works

Thanks for the good advice, but there will always be fools attracted by amazing promises of easy money that will be seduced by the swindler on duty.
As Barnum said, a fool is born every minute ....

This is very important and the acronym DYOR was invented for a reason, this has got to be one of the golden rules of cryptocurrency investments, always research every aspect of a project, the team, the project itself, their product and many other things before you commit any funds and never invest more than you can afford to lose.

This is the link to the scam accusation thread for newbies who doesn't know- https://bitcointalk.org/index.php?board=83.0

It is quite difficult to do your own research if you do not have experience.
Even if you do this, the risk of making a mistake or missing something is too high, which means that you can easily choose a worthy project.
Such negative experience is easily fixed in the minds of beginners and discourages any desire to conduct new research. First you need to gain experience and only then conduct your own research.

Yeah, that right, newbies must be very careful because day by day scammers are getting smarter

First of all Don't invest in ICO because it’s now dead, If fresh investors invest in crypto world then needs collect  more and more information, and then invest in crypto, always careful is important.

My warning for newbies is to avoid investing in any kind of ICO and most especially avoid been greedy and always do alot of research before investing in any kind of altcoins. Another warning is to avoid clicking on any kind of links when surfing the internet

New friends should not open new titles immediately. They should read open topics. They will find answers to many questions they have. A new era has begun for people. Bitcointalk is the place to discuss a new economic order. You need to learn first to make money.

a person will not be a victim of   scam if they dont entertain messages from unknown people. Have a little knowledge on the project on the project they investing , like whos the member of team of they legit or just copied photos or infos of the true person. 

For newbie better joining with free way how to get bitcoin and altcoin without have investing, they have learn from earn altcoin from bounty campaign and airdrop project, they will understand later whit bounty campaign coin come from, after know whit ICO and IEO working they will understand about which one have to invest and get much profit for their investment.

Thanks for the advise. Everyone need these. I especially love #3 because crypto space as a whole is volatile. So when investing, we need to bear in mind the need to investing with spare funds or funds we can afford to lose

To say the truth nobody warned me when i entered into crypto space, back then i never knew this forum even existed and i did make many mistakes, those mistakes are the reason i am still standing strong today, its good to warn others but making mistakes is the way to learn better

This cant be stressed enough but researching project wont save you from been scammed in the crypto currency world so I believe newbies should mostly or only invest in bitcoin and other top coins because I believe 85% to 90% of new IEO and ICO are scam and you getting defrauded

For all the newbies, don't be too much hype and too much excited with cryptocurrencies thinking that this is just easy money that you can have. Although, there are a lot of people who are earning more of it than their usual income, that they have fulfilled their dreams and becomes rich doesn't mean that they made it instantly, it's not really a magic at all, it took them a lot of time and effort too before they achieved it.

Your all three points are effective especially the second one but I don't think these points are enough to aware newbies these days the scammers have various legerdemain to harvest newbies and they're getting successful in their ridiculous work but I hope better understanding, advises and instructions about investment will be very helpful for newbies and to having these kind of knowledge they must follow experienced people who have seen lots of ups and downs so it will be definitely helpful.

I think one of the most important tips for beginners and definitely one of the most useful tips is: "If something looks too good, it's almost certainly a scam."
Unfortunately, but no one gives away money for free and usually offering great opportunities to earn, scammers extort money from wanting to earn fast, inexperienced users.

That's very true especially if they said that if you will invest to them, you will be sure win and you will for sure have sure profit, with this kind of promises, it is not real, they are just attracting users by telling you sweet lies for you to believe them. What you should focus is their platform itself, what they are doing for development and marketing.

It is plain and simple, just be vigilant, make all decision supported by facts and research. Because at this era, scammers and fraudster are more intelligent than most people what more if they are newbies in the field of cryptocurrencies? I am not saying they shouldn't believe on anyone here, but the best thing to do is to make use of the trust system we've established on this forum. And make sure to ask them because their experience is more powerful than the knowledge of these scammers.

I do agree. Newbies have been the main aim or target of scammers out there taking advantage of let's just say their lack of knowledge about cryptocurrency and because of the early desperation of earning profit on their first try on engaging into crypto related works. Making yourself knowledgeable or getting yourself into many things about cryptocurrency is the first basic thing newbies must do to be able to know how to survive into this vast world of crypto in which risks are inevitable added by the fact that scammers are everywhere. Doing further research about a certain project will be a good thing to be done to be able to let yourself aware on how things are going so that you will not be wasting your time and effort into things that are not worth it. Do not exert all that you have in just one blow, invest only what you can afford to loose so that if ever an investment fails, you can easily move on trying into another. Do not easily loose hope about experiencing loss because it is normal that anyone will experience it. The important thing is that you learn and the next you do anything like that, you will already know what to do. For newbies, the best weapon to survive is to keep yourself always updated and knowledgeable not be fooled by anyone.

Well if they will read and find it to be useful as many are scattered around the internet and we still have high scam activities reported frequently. Making good research about the purpose of the project, the team experience, marketing strategies and host of others has been a good choice for many

The scam accusations section on this forum is really helpful not only to newbies but to everyone especially before choosing which coin to invest in or promoting any project via Bounty. However, common sense they say is not common, always apply common sense in all your doings in crypto space. Newbies should not get lured into investing in any project because an influencer shilled it, that's a common problem. Due diligence should be done before any investment. I also like the point made by OP, "invest what you can afford to lose always".

One of the bad things about newbies is that they do not understand that they are newbies, many come to this forum and to the market of cryptocurrencies thinking that they know it all that all of those stories about people being scammed are never going to happen to them, they are simply too smart to fall on the trap of a scammer and unfortunately many of them discover too late that scammers are many times smarter than they are but by that time they have already lost their money.

I agree. Since there are lots of newbies who wish to get engage into the cryptocurrency community, they must need to know certain precautionary measures so that they can enjoy their whole journey getting into the path of working and adapting into using varieties of cryptocurrencies existing within the market. Doing thorough research about a certain thing you wish to get engage whether it is a site, wallet or project, having enough information about it will be the first thing you must acquire to check its legibility so that you can avoid getting scammed. Being knowledgeable nowadays is the most important weapon you must have so that you will not be easily fooled by other people who tooks advantage of your weakness as a newbie. When investing, indeed do not go all out, just invest those only you can afford to loose so that when something wrong happens, you will not be regretful and can easily move forward into seeking for new opportunities to come.

That's the main reason why we do have forum too, why we are here for them to remind them always, all the time, we should always warn the users for these.

We also once become newbie, and we also need help from other members so it's time to get back to the community especially to the newbies out there.

At point number 3 all investments carry risks not only in crypto and we as investors must be prepared to bear the risk if something happens at any time. Therefore don't be greedy in investing.

Thank you very much for the recommendation. Indeed, this will be even harder for beginners this year, as fraudsters will improve their abilities and will try to cheat. However, I’m watching now there are not many new projects coming out, maybe all this is due to the reluctance of investors to invest in crypto projects. But those projects that come out are almost all meaningless and more like fraudulent ones.

I got to learn a lot of things that come to visit who's making scam accusation thread. Newbie's hunter can not find which is scam projects, they do not research enough regarding scam ico projects. Scam thread is always updated if new project coming.

At this point investment is risky dose not matter ico or ieo projects. Newbie members have no good idea of these things. So they have to be very careful in large or small scale investment.







 

yes alright its best way to minimize scam. like you said research is needed. maybe you can see on the website if it scam projects it will look Unprofessional then the fund raises if its scam the fund raises will edit manual by team and the last like you said you have to visit scam accusation. i know it difficult to differentiate scam project because almost all same like real project but there is a different in there

These pints will work not only for the newbies but existing investors as well.We all know scam projects took place in the crypto world and it is not good for the whole crypto community if new comers come here to earn but at the end become victim of any scam will never join crypto again.

Its responsibility all of us write more about scammers and scam projects create awareness to discourage the scammers,If introduce any family and friend properly teach them that never believe in scam projects just go with legit projects and guide them how to choose the real project.

I would advice the newbies to stay away from the ICOs and IEOs altogether. These sectors are not meant for inexperienced users. Gain some knowledge and experience in the cryptocurrency market and after that you can consider participating in these ICOs. With the failure rate for new ICOs touching the 90% mark, I don't consider it safe for them to participate in this sector.

the point is to look at the prospects of the project and see the team whether what is being run is a real project or a fake seeing from followers on twitter whether it has a lot of interest if it is owned then the project can be said to be good and vice versa

Thank you for the advice you gave. Maybe the investment interest is very big for now, but doubts occur. Because many projects are not in accordance with what is said. We rarely see a project that really runs it well. Maybe we should invest in crypto that is already in exchange, not in a new project.

Quite right, there are still too many cryptocurrency scam companies and cryptocurrency scam companies constantly appear, therefore, to protect yourself from losing your money, it is best to invest in top projects that have long been in the cryptocurrency field or at least invest in cryptocurrency companies that conduct IEO on top exchanges like binance, huobi, kucoin.

This is a post on a lot of information. I think it will be very helpful for new investors. Knowing this, investors will invest. Many investor investors are not wasting their investment capital due to investing.

yes this is a good suggestion for beginners before entering the cryptocurrency industry. I will add in addition to the three things that were said op. beginners also should not be easily influenced by FUD or influenced by others to sell coins when the coins we hold have decreased. if we have done our research well we will be confident in the decisions we make and are not easily influenced.

Greetings ladies and gentlemen. What I would say - these days users are searching for more secured way of investing, storing and interacting. And in my opinion, this is also why demand on hardwallets keeps growing

Oh yes, I have also noticed that demand grows, but I was searching more on advanced products available nowadays and it was really difficult to find worthwhile solution. I mean there are so many - so it appears to be more difficult to choose

too easy to say even though not all of the suggestions you say can be free of fraud. Well, I understand that you have good intentions about your intentions above, even I have done it all, but if the market says otherwise the risk is the answer. but at least the points you mean can reduce the risk of loss.

Exactly, that's the point. And this is why it is always better to choose, based on objective ratings and recommendations

Are you aware of any advanced solutions if you are deeply into the market? Cause I am definitely interested to hear your opinion

Well, the most advanced and fully working product I am aware of is definitely GetHashWallet. Basically, guys are coming with fully working, advanced and reliable hard wallet that meets all current requirements. There are great results so far in different spheres, for example, they have successful campaign on Indiegogo with great support. They are arrow certified. But of course, I also recommend you to have a look at their website, cause there is much more info available

yes it is a good step like doing more detailed research about the coins you want to invest, and looking for project information in the fraud thread in this rofum and not using all your money just to invest in projects, my advice set aside some also for investment in crypto like BTC, ETH, EOS, LTC, & BNB. they all have great potential for future investment.

Thank you for important advice. I think it will help for newbies. I also say that, don't believe any new project, i research thousand times for invest any project.    

Hmm, so far sounds very interesting, will have a closer look and get back with own thoughts afterwards

The problem with the new commers they just don't follow up any project do not study the project and claim that as scam which no doubt damage the reputation of a good project as well. So before  commenting any project scam they must do some homework some research otherwise do not say a word about a preject they don't know

begins with the procurement of ICO, then there is IEO, after that STO, so we need to always update the news about the crypto world. not only beginners are exposed to scam traps, sometimes seniors can also be affected by scams due to lack of information.

just invest in projects that are already prove something in crypto, dont invest on hype projects like pump and dump coin. The best defense not to be scammed is to do some research and ask some guidance on people who has a lot knowledge in crypto, and can define a project if its legit or not.

asking for directions from various people will only confuse us because they have different opinions. I think it's still better to research personally and have a personal decision. if we have doubts, I think it's better to invest in coins that are already trusted, because it's safer

You're right, for newbies its much safe if they invest in well-established crypto unlike in the new ones that popping.

Well-established crypto already prove their worth and survive even in bearish trend while other coins remain at the bottom and seems struggling to recover.

Just conduct a research it our key to become aware of what projects or coins are worth to invest in.

There are many new scam projects, but it doesnt mean that all scam projects is scam
I realize that finding new good project isnt easy thing, but what I know, Binance IEO is good deal

if many people like this, then crypto world is hard to grow. bcz there is no progress from new projects
I just suggest to invest in new project with super carefully for choosing.

The existence of bitcoin wasn't a big surprise at the beginning, this is when bitcoin was given as giveaway. By those days losts and lots of bitcoin got lost. Everything happened as it hasn't got big value. When the value started to grow little by little it gained importance and people started to search what they lost in the past.

As the price started to peak high and high more scammers and hackers got into the market. This has made more newbies and expert people get into the hands of hackers and scammers. This is where each and everyone needs to be cautious while handling cryptocurrency related investment and on other needs.

if the trend returns then I am also pretty sure that scammers will come back, so it is very important for people to protect themselves and continue to increase their ability to see the potential between legitimate projects and fraud. because ability is always needed, because with ability we can survive in any trend.

Yeah, people are getting into crypto market again and scammers are ready to work too. Already began seeing poor newbies crying about some noname crypto wallet or exchange that is trying to steal their money...

Binance is a good company that has good fame around the world. I hope it's gonna be safe for you. New investors of Altcoins should invest only in good sites and be long term investors. Choose good coins for investing and don't put all your money into any coin without any proper research and explore Google for collecting information and knowledge about the coin you are going to invest your money in.

Yes, the main factor is research, but good research also does not guarantee that you are free of fraud. I personally have done a lot of research, taking the time to choose a project but if the project says it's different then we also can't avoid it. on the one hand scamers always have devious ways to deceive their victims, even many good projects, look real, promising and ultimately end up deception.

I know good research will not entirely safe our necks from scammers but it's the best tool we have presently and to me research have safe me from silly mistakes, research is pretty useful

Investing in the cryptocurrency market is quite risky and losses are also experienced by people who have long been in cryptocurrency. But a warning for newbies, I think it's good that they don't get caught up in scam projects because many projects are only concerned with selling tokens rather than developing products

The problem is even though we do our very own research , still it isn't enough to save our asses due to some lack of information given by the project developers themselves. I recently found out that some IEO's out there don't give the exact amount of money raised, and that is a red flag for me as we are somehow getting excited when we see the project is getting much attention in support. So basically at that moment you knew at first then that is also the moment you say no to new ALT.

This is just the simple truth and best advice too, I think this is not just for newbies but for everyone in this community. Although some people might grounded in some aspects they might not be in some as well. Doing research on any project is really the first thing to be done before even going deeper or thinking of releasing funds for investment. And lastly, but very important, investing what one can afford is the best thing always not selling properties to invest because someone hyped the project etc.

That's a pretty complex problem indeed if the developer isn't transparent then what can we maintain to keep supporting? So by creating transparency will create a positive reciprocal relationship.
This is an important lesson for newbies, including me, so they are not easily attracted to the lure of large investments, because there is no guarantee.

This has been said over and over again but in a different way and manner but it all comes down to the same thing, which is, the truth; this post is the truth in all sincerity. Everyone needs to be careful this year most especially now that the pandemic is still very much active and scammers are lurking around to find who to defraud. Therefore let due diligence be banked on at all times.

This advices is very important to newbie that really just enterance cryptocurrency. The most important thing is always do research on any project that you want to participate or maybe you can invest on popular coin like ETH and btc.

It is not enough just to visit the branch of scam cases; it is important to check each project yourself in a search engine. And more than once.
Many make the mistake of checking the project only once during the initial analysis. While there are no 100% guarantees (they are almost always absent), it is necessary to assume the probability of scam.

Even in Bitcoin or Ethereum you must not invest any cents until you have a formal knowledge about where you are investing because the more you have knowledge is the more you may lose in each investing.
using search engine will also direct us to the scam cases regarding projects.
if you can afford to lose then bet for the said project but if you really care for your money?then extend your hands doing multiple research  first.

You can only avoid scams if you don't invest in new projects, that's all you need to do when it comes to special cryptocurrencies these days when no real projects are offered. anywhere. Many new projects are likely to appear in 2020 and many of them will probably end up in a scam. For beginners or for all of us here be careful and remember, scammers will never stop. If you are not ready to avoid stupid mistakes then there will be lessons to Learn the hard way.

Scam accusation thread on this forum is very informative, the usefulness is top notch, this will surely safe many newbies from doing some stupid mistakes, the thread is full of scam projects either through exchanges or wallet etc, I recommend such thread

LOL you got the point! The most memorable lesson is the lesson that you learn the hardest way. You have to experience the failure in order to learn something new and be better at it. Howe\ver, when it has to deal with money, use your knowledges, instincts, experiences as well as others' to avoid the least loss. You'll lose something but then you learn something!

OP your second point is the best, newbies can easily escape bad exchanges or projects if they visit scam accusation thread most times, before some thing bad happened there may be others who falled victim already and scam accusation thread is where to find answers

I think it's not just for beginners but for everyone who is here, because all the points you say do have to be done and should not be left, especially point number 1

And better yet, you need at least to learn the basic surrounding the blockchain technology and find time to read updated articles about cryptocurrency to avoid being scammed .

Learning the basics and everything about blockchain technology could really help newbies on where they should participate and invest their money on projects, so they could know if the project legitimate and has a potential to become successful in the long term.