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How can we safe ourselves from well organized scam projects? Some projects are so well crafted and in the end they scam people, to my own understand research doesn't help here at all, use case, whitepaper, team, every thing are so real and make sense, please give advice about this

Extensive research. Not just the kind of research wherein you're just scanning the project/startup's website and not doing extensive background search.
You need to look past the wonderful looking website, the listing promises to a prominent cryptocurrency exchange and even to how well-known the team behind such a project is.
Dig deeper until you find some red-flags. Avoid getting lured in with the "nice things" others may say about the project/company; you'll have to do your assessments on your own.
If everything checks out then you may jump-in, but remember, invest only what you can afford to lose.

Even with deep research it still won't safe you from well organized scam projects, it's better to rely on Investing what you can afford to lose, some projects will deliver what investors expect just to make them invest more..

One way to detect redflags in new project is through their github channel, most times they use other old projects idea, data, etc , a very good project will build their github from scratch

The best way to detect a fishy or a scam project is if it's promising something that sounds to good to be true. If someone is offering you a guaranteed 5%, 10% or even more daily, weekly or monthly gain, then that is a scam. No one can guarantee that much gain on such a short period. 5% gain on a yearly basis is great and everything more than that should be considered at least suspicous.

You go way deep.
Try questioning their authority of the project thru telegram.
See to it that they are widely knowledgeable with what they are doing.

Do video calls with their team. Specially when you are one to invest with them.

I remembered one here who perfected their scam project.
At the end they got the money and that is just the time when people knew they are scam.
Their team is composed of their teachers names in their school.
Damn scammers are just students.

Good project or not that's all your luck, in this forum, if you get paid after you work at a certain bounty and get a token.

There is nothing you can do when you find a scam project at the end of the story.
Many cases happened to members here, after working 6 months to one year, finally they were told by KYC, even though from the beginning they were not KYC, like this: https://bitcointalk.org/index.php?topic=5189364.msg52624092#msg52624092
That's all you can do, nothing more, the project still does the deception.

Very difficult to determine maybe by looking at the product, the project objectives that make sense, because I see there are many projects that want to create something impossible

Research does help.
But you have to apply certain researches if you're going to avoid scam projects. As you have described them being an organized will find it hard for you to determine them but as long as you are aware of some precautions, don't say that it doesn't help.

It would be too hard to figure out those well-organized scam projects. Scammers are also gaining knowledge with their every attempts and when they are coming across various scam accusation and related things. These simply help them to come out legit-like projects and most probably we do not have anything other than getting scammed at the end.

I am extremely sorry if I sound like I am talking in favor of scammers. But what I am trying to emphasize here is, we should not risk big money with every new projects but only what we can afford to lose on the occasions of scam. This is the only practical way, we can do right now against those scam projects.

There is no way you can understand whether the project is legit or not, the only solution is to support only projects that have experienced developers who has a track record to produce results in the past not especially in the crypto market but in developing software generally, scammers will adapt to the situation and they will come up with legit looking white paper and use case and even might hire models to be the poster for the projects.

The only thing that will work is do not invest in any new project created today, its better to support old project that we have in the market such as popular crypto currency.

The reason people invest in new ideas is simply because of income/ profit. Everyone wants to earn  by supporting a new  project and hoping that they can mutiply the invested money,all do we know that is not really secure to invest in any new project.

That is my opinion as well. If you don't want to be burned by new projects because some scammers can make a fancy whitepaper and even disclosing their "expert" team members is don't invest at all. Maybe, just do the trading once they are listed. But investing during their pre-ICO or ICO is really not a good idea for me. Most of the time, almost 100% of them, their price goes down so fast once listed, as low as 2-10% of their ICO price even after 2 weeks of trading. So are you going to risk your hard-earned money especially we are still in this crisis? You choice.

It didn't really help even after the tokens were already listed in the exchange the team can still become a scam in the end and the project can still do the exit scam. None are even going to try to sue the team because it already became normal in crypto that even the exchanges are doing it, we still could just go on.

I think it has to do with the technology they are bringing to the community, people should check what they are bringing in the table, if this is the kind of project that is just a duplicate of past failed and existing project, better move on to the next one, new projects that are considered weak in the eyes of the community and will just become a pump and dump when it entered the market should be ignored.

every project has the potential to scam, even if it is a large project so we must be selective in managing our money so that it can be developed properly.
for investment do not use personal money, but use free money if something happens that is not desired, do not regret it too much

agree, it is better to do extensive research in the beginning of the project, and then do bounty for projects that you trust, it is still not certain that you will end up with the reward received
but if you do not do extensive research at the start, then you will invest your time many times in following days/months, without even knowing if the project is realistic

Yes, you're right. Some projects are already listed but it's end up with nothing and turned into another scam. They should come up with different ideas to overcome events like Btc suddenly drop and other situation that will critically affect their projects. Nowadays, some scam projects are most likely to rely on copying successful projects then editing the context of the platform. One thing for sure this scam projects are without a strong team and sometimes there no project team at all.

Yeah you are right that it's very hard to understand uf a project is legit or scam by looking everything like I always say, "altcoin market is complex, sometimes you will never even realize that you have been scammed." You have go deeper analysis to understand that. Even everything is okay it's unlikely that the project will be scam one but take closer look again, may be something odd will come because scammer always keep a footprint or wrongdoing of their scam.

That's why I'm scared of new projects, they can become scams at any time. The best way to keep us safe is to never invest in new projects, too risky for us to do so. I have invested in OATH before, they have a lot of big partners and big investors. Even though they had a product, but the ended up they exiting the scam

To be honest, either a project exits scam or is a scam project from the start.
As long as you don't invest with emotions, you will always be in profit.

Why do i say that ? well organized projects that scams or exit scams always do that after several series of pumping that token, so if you invest to pick your profits, you are save.
If you are sentimental and emotional as an investor, it is what it is.

But always do your own research always.

You are right, if we are not greedy and don't invest with emotion, I believe we will still be profitable. In the past 3 years I have come across many scam projects, but I have never collapsed by these projects because I didn't hold them for long. I make a profit in the short term and look for other projects to continue reinvesting

I think you miss the important point here, personal research is helping a lot to identify and expose some of the fraudulent projects out there. because most of the shady projects are using fake information such us fake names, profiles, etc those scam bugs are so clever and they are afraid to get caught thats why they don't use their personal information. aside from making researched and checking all the information about the project your instinct can also help.

That is why we say that in the end luck matters the most, sometimes we skip a good looking project even after thorough analysis and due diligence about it and later we get to know that the project has exit scammed so in this case you were just lucky. In short any project can end up as a failure, each project and each investment is highly risky.

Whatever you do, research, questioning the team or whatsoever you can only determine if that is a scam once it is done, I think it says everything. However, my question to you is, how do you think it is a well-organized scam? What factors? or indicators? Of course, there are a lot but again, you will only know once the project ended their sale or once it hits the exchange.

Even if you do your extensive research on a certain project, you still won't be certain that they will or not scam others. In my opinion, the best way to avoid scam is to invest in a project that has a long-term planned working product. I've seen a lot of projects that is basing on community popularity, gaining thousands of followers and getting into an exchange but doesn't have any proper product, they end up scamming anyway.

This is the major problem, it's really confusing to find a genuine project these days and yes deep research is not enough scammers have lot of strategies to do scam unfortunately we don't have effective options to understand their strategies but there are many experienced people who are doing great work to spread awareness about scam projects so it may helpful for new and confused investors to take advice from experienced people before investing in any project.

Doing research will surely get your eye more opened so it's a good way to start, as time goes on you will get advanced in detecting bad projects but there is no way to escape scam projects 100%

There is only one way out and that is to be super choosy, i mean after all your due diligence and satisfaction, you should also go with your gut feeling and skip the project if you do not get good vibes. Also you need to invest in fewerprojects the only ones that are solid, legit and real from all aspects and online community also thinks so. Ecen then you still have the chance to fall for a scam but one thing a human can do is only be careful and watchful to reduce risks.

That is the risk when you enter this market. No matter how careful you are, you may still encounter risks, but if you research carefully each project, you will face less risk than those. others.

A scam free project sometimes still turn out to bring huge loss if care is not taken and most especially if you invest all your life-savings on it, you might have yourself to blame.
Those who also put the team into consideration more and use that as their major criterion might get disappointed.
Some people who were part of one or two successful projects in the past might come up with another and scam people. This is because they are using their past glory and they believe people will trust them again, not knowing that they have come to siphon more money.
I would have mentioned names, but I won't do that because I have not yet come into conclusion whether they have truly scammed people or not.

A well organized project seems to have a flaw if you look closer and deeper with their act and stance. Yeah of course they will act normally and without much nerve to have suspicion of them as scammer. Well there are plenty of ways on how to deal with them.

Always dig up their whitepaper find something that they just copied from other sources. A scammer wouldnt make such effort to make their own for this important requirement. The effective one is do a video call or request for their appearance. They are showing themselve through the public right? Why not show also on private, if they refuse theres a chance that these guys arent the one they are displaying.

My advice is not to jump on these new projects without further verification Unless it is going to have an IEO on Binance, Maybe I will try my luck to get a ticket on their lottery-style IEO. Yeah, I have encountered so many well-crafted scam projects before it was in year 2017 but now I guess ICO does not work anymore. The majority is aware of these scam activities so we are very careful now.

There are really a lot of projects that are too good to be true that even you check it's website, whitepaper and team members, it is hard to say if a project is a scam or not. I think it all begun in the year of 2018 that most projects in ICO are scams, and a lot of investors and bounty hunters have wasted a lot of their energy, money and time for those kind of projects.

Well organized projects do have some red flags. Sometimes there can be desperation in the part of the team to impress the community and thereafter start dishing out frivolous promises, may even talk of listing on Binance (this is rare), when they give listing price or give price prediction growth with all certainty, it's an open wound. I equally follow some reviews by a group of friends and check out ANN discussions.  Also, I stay clear from project that emanates from certain geographical regions.

I agree with you! Investing in new IEO projects that come through an average exchange is not a good idea because I see some so-called good project came through Probit IEO Launchpad, and now 90% of their volume is fake, no proper developments, not active discussion in telegram! Investing in Binance IEO or Binance's newly listed coins like SOL will be the best decision so far!

You see, Everyone talked about Cartesi, and now Cartesi is going to conduct their IEO on Binance Launchpad! This is the project that should be a measurement to all others! Came, won people's hearts and now going to list in word's best exchange! I will try my luck on Cartesi too!

I guess everyone has had a fair share of bad experience with them well organized scam projects. This particular reason is why lots of investors are now only investing in IEO projects listed on prominent exchanges such as binance and lot of people have had a fill of scam from startup project and do opt in for already established trusted coins to invest in. I guess when doing research for projects now, you have to look beyond well decorated whitepaper and websites and look more into the guenuity of the team behind the project

Only your vigilance and critical thinking will help you avoid falling into the paws of scammers.
Not a single scammer forced you or at gunpoint to send him your funds; people always do this voluntarily, even through deception.

Part of the means through which scam projects are caught are either through plagiarized whitepaper or fake team, but I have now noticed that a lot of them will try to outsmart in these areas. They might decide not to have a voluminous whitepaper. Some of them even write just one-page whitepaper to escape being caught through that means.

When it comes to the team, they might tell you that they are using anonymous team, which could not be revealed or that their team are on twitter or cord and if you want to reach them, you can talk to them through that means. Although they will remain suspicious, you cannot yet conclude through that on whether they are scammers or not.

When a project becomes questionable like this, it is better you do not invest in it.

Indeed that is why researching before joining or investing in a campaign will make your life easier about it. You know why people keep getting scammed? simply because they are taking the cryptocurrency for advantage, they come for money and easy way to get rich not knowing that they have got with predators in the wild.
Just you and your decision making, it's you who clicked, it's you who decide and it's you to suffer. Better be thinking twice before investing.

Yes, doing due diligence will help anyone to avoid scammy campaigns and projects before wasting efforts or investing with them. I believe it will be more helpful if this community forms a team of people who are experienced in identifying fake team and copied White-Paper kind of things. When that team will be approving a project then only it should come into effect for conducting campaigns and then to be listed on exchanges. This will be simply possible for this community because we are having a lot of powerful people who can influence into exchanges also.

I believe you this way we could identify scammy projects very easily and also participants of campaigns can donate some fee for those the members so that they will not find it as a hard work and they will work more enthusiastically for better environment of this community.

Seriously it is painful and the only way is still through research but in this case, a well thought-out research where enough time is invested into finding the truth and not the ordinary glance at the whitepaper or social media accounts etc. Scammers are improving their tactics everyday and hence one needs to be at alert all the time to ensure he is safe. In whichever case, when doubts arises from investing in a project, asking people's opinions is also a good step, as there is no crime in asking.

After witnessing the Denaro scam, I can tell you it is very difficult to detect a scam project even when you deep down about the team. Some of these projects are perfectly organized to the extent that nothing they provide you will be fake. However, I have discovered it is better to participate in projects that if it is not successful, you will get your money back. And this is the reason why you need to know maybe the business is officially registered in the country where they claim to be. Any project that is not registered or you cannot find any information about business registration is not to be considered. from experience, projects that are duly registered especially in europe are not likely to scam you.

At the present time, it is very difficult for us to detect a fraud project. Everything is perfect until the development team leaves and leaves a pile of trash.
Trying to do more research is a way to help us avoid some risk, or better yet, only invest in reputable projects in the market.

Crypto frauds are hidden through different ways, some are easy to detect but some have perfected the act that it is impossible to suspect fraud until they have executed their plan.

You are right. These days it has become to hard to filter out legit projects from scammy one. I guess it would be much better to stay away from bounty campaigns and only investing into any new coin after a clear suggestion from any crypto experts. Because I cannot afford with any losses just due to being part of any scam projects. So, I act slow in choosing new coins and I believe I am staying secured so far this way.

I guess there should be some simple regulatory authority for approving good projects so that small investors like me may stay find this altcoins industry more profitable and safer for investments.

Research does help in some cases when you research extensively and dig deeper into the project like who are related to the project, developer's previous track records, what purpose the project stands for etc. Who gives just sweet promises are definitely scammy one. It's hard though.

Many times they organize projects in such a way that people do not understand their purpose. There are many popular websites that list scam projects in exchange for money. When listed on the popular website, hype is created so that people can easily trust them. The result is a scam ! In my opinion, investors should not invest in any kind of project now.

You can trust people who are good at sniffing out scam as well, I know there are not that many around and many people to fall victim however check out everywhere else online and you will see comments about the project which are basically decentralized and that way you can find more reasonable people.

For example I do not trust bitcointalk about a project anymore, many people are paid and that is why I do not think they are really all that credible, however I do go to reddit and there I find people who are more free to talk about whatever they want without having any problem, even if mods of a certain subreddit bans people for saying bad stuff, you can find other subreddits who are more free and that way you can find peoples real comments there.

For projects proven to be a scam, there will usually be a warning from an experienced member here https://bitcointalk.org/index.php?board=83.0

Actually this is difficult to explain, not only need "experience" but also "luck". Projects that initially look good and promise can fail because they are less attractive to the market or choose the wrong strategy. Projects that initially seem usually even doubtful, can be extraordinary and profitable. That is why the crypto world is full of surprises.
The thing that you need to make sure that, whatever we do and choose will definitely bring positive or negative impacts. That is the risk and the consequences that we must understand.

It is very difficult to totally protect ourselves against scam project because even among ourselves we have scammers. Even those that are providing a way to stoping scam projects are scammers themselves, so tell me how do we protect ourselves against scam project.

Then don't invest, simply as that. Just became a holder of trusted coins, like Ethereum or Bitcoin so that you will not be scam by those pretending to be a good project in the beginning but later on they will just disappear. Yes, I will agree that they are well organised and very crafty and good at hiding their true intentions.

That's why as much as you DYOR, you can't really figure it out at the start until it's too late. Personally, I already stop investing on ICO/IEO/STO or whatever, I don't want to risk anymore. Just be a holder!!!

Why is it so difficult? I dont know if this true cause being scam will depend on how you react on these scammers trick. OP's asking a wise question because those scammers are actually intelligent and have broad knowledge of blockchain and cryptocurrency. But of course, they are not perfect there still a time they can be caught and those are the task you need to do as a responsible hunter. Search and do study if those projects are legit. There are plenty of ways to know it.

Its a very organize scam that exchanges took part of it, they do have a role in this scamming spree. They add the token in the exchanges which they partner up with the team to which they can then dump what they have to the market. This is why some projects are also creating their own p2p exchange to solo the scam, they don't have to partner with exchanges who will take percentage of the total scammed amount.   :D

No matter how much careful you try to be still things happen, some projects go dead even though their team had good intentions in the start. That's why only invest what you can afford to lose.

You are right scammers are upgrading their tactics so it's pretty difficult to trust new projects right now as we will not know whether they are really genuine with their goal or they are only after with the money. There are many who fall victim to this kind of tactics already like some projects out there that almost reach their hard cap but in the end they fade slowly, leaving the investors hanging.

I can't really point out a good counter measure to them not only if there will be government that will create a counter measure to them and put those people in jail once they will be found guilty.

Intense research is needed to escape well organized scam projects, there should be a flaw somehow, either by asking top notch questions that can get you banned on Telegram group or going through the project github.

mainly is research. several other factors such as the positive reputation of the developer in managing the previous project, having a real product or in accordance with the project work map, having a large partner, MYP project and many other things that can determine the project is feasible or not.

Well to be completely fair,,, not everybody needs a whitepaper at all. But I agree. Just because you have 1 pager does not mean you are good (neither does have 100 pages). But they should have enough to show us what they are all about and let us admit it, most people simply do not have anything useful.

I have seen many project have MVP and are used by many people. But after they finished their ICO and IEO, they quickly became a scam. Now it is hard for us to distinguish the scam projects because they are so smart, everything is perfect until they scam.

When you are careful in choosing campaigns and new coins for investments then the chances for not getting scammed is more compared to choosing them randomly. Still anything may happen at the end because we cannot do anything about accidental failure of projects. Please note there are big differences between failure of projects and well-organised scams.

This industry is getting old and people are becoming too smart but for negative reasons. Honestly identifying scams have become too difficult. This is why I have decided not to risk my money in any new coins but only with bitcoins. I'm not sure how many people have already decided like that.

What is MVP or MYP? Is this just typo or both are different things?

Let me come back to the topic; Now a days, people have started demanding bounty rewards will in advance so that they believe they can reduce the chances of getting scammed at the end, then devs also do agree to pay but that project never hit exchanges but bounty hunters will keep on waiting. This is how smartly scammers are working these days.

Manipulating markets are very older way of scamming which is happening everywhere and we cannot do anything about that. So, I am afraid altcoin scammers also may continue regardless of how quicker we are taking precaution steps. 

There is a good platform on which you can choose a project that is clearly not fraudulent.Here is the link:https://icodrops.com/ (https://icodrops.com/) I'm always looking for projects here.

I will still emphasis on looking at the team of the project. If the team are credible you can be confident of safety, I believe this is where scam project start from,they try to put up a good identity. If they dont have the name they look for recognized crypto present that can be attractive. After the last ICO saga and prosecuted member of cryptocurrency in US, People have been careful in supporting ICO/IEO starting from Vitalik, He distance himself from any startups.

You can't be 100% sure whether the project is legit or not even if you had done enough research from all the perspective that is why we can avoid investing on new projects if you don't want to lose any of your money.But when a project shown their real face then its hard for them to get away after scamming so look at the project team members first before going in to invest.

repeatedly the bounty hunters ask about scam project or not. but the definitive answer is we don't know it. because once again I explain to you , who knows the project is fake or not just the owner of the project itself. even a bounty manager doesn't know the project he's handling. so what we can do is choose a project based on how we feel.
 

Don't wait for someone to post in Scam Accusation before deciding, as you can investigate it by yourself anyway. Believe me, your research is more worth the money that you could've risked as you will not only save your money for some garbage throw investment but save a lot of investors from starting to have fear in investing due to many scams just like the fear that caused ICOs to disappear.

You're right. If a project is not listed, this does not mean that the project is not a scam. You need to check everything and as carefully as possible.
Scamers are very smart and cunning and will do everything possible to prevent them from being discovered.

And the funny thing about all these bounties is there are a lot of guys who recommends to other people reliable bounties. But as you already mentioned - there are no confirmed info in public about any bounties nowadays

I think this thread can also help hunters to avoid signing up to scam bounty. https://bitcointalk.org/index.php?topic=5230885.msg53975958#msg53975958

Some signs are obvious while you have to assume some yourself with experience. It is really bad to help in project promotion and not get your share of the agreement.

In cryptocurrency, i don't think we can ensure that we are 100% safe from scam projects.
There is always scam risk before we invest on any crypto projects, that's why many peoples said invest in crypto with only what you can afford to lose.
But actually we can reduce the risk by researching toward the project we want to invest, usually it consume a lot of time for research but it worth to do.

These stuff mainly the critical points participants are missing out. Scam projects aren't that dumb to let themselves be find out easily. So as persuasive the project may look like, hiding shading things would be on their top priority but that doesn't mean they'll get everything cornered out. If you are going to dig deeper you could find those unusual things and be soon can conclude that such project ain't real at all. So, yes, research is still a thing though but do it not in general way. You know, small pebble in your shoe can ruin the whole marathon.

Agree, never believe those high profit project >:(

White papers are easy to create as long as you have technical knowledge. Even team profiles are also fake. That is why you need to make a thorough understanding  or  research of the project. You need to do more than reading or if you must check each of the profile of the team to know if the team is composed of ligitimate person or of it is a fake profile.

theres not a 100% safe trick to avoid well organized scam project, for me even i did deep research for weeks, sometimes i still get scammed by a project, so for now, i just stop doing research and just wait till the project hit big exchanger, traded in big exchanger is my indicator to invest in a project now

This is true that most projects which later scammed once had good whitepaper, potential use case etc which make me most of the times fancy IEOs on top exchanges as the rate of exit scam is little to none. Nevertheless, what can we do than to increase our study skills, learning from how others were able to scam even when seen as good projects and using it as a basis to learn more about others. Also, another way most people tend to follow is waiting till the project is listed on good exchanges. However, in all sincerity, it is hard knowing how to spot scam projects because humans can't be predicted so at all times be watchful.

I think it's quite difficult to find fraudulent projects, because most projects look convincing or look real. as you say that the project is well organized, but there are still ways to avoid it by doing detailed research about the project and leaving if you see suspicions about the project.

oh really man  ? that was scary but i think i agree with this because i also see people complain about scams and those people are not really new on this world of cryptos so i assume they already done thier research but unfortunatly scammers still succeed   .

 nothing they can do anymore about their money but they can always report it here so that other investors that seeks advice can be aware and be save from incoming dangers   .  but dont worry , karma is the only one that can find them  .

They are not perfect, there's always a hole in a team that would give us a hint to figure out their true identity and market intentions. Of course, we can't easily figure it out and they are making things to sort it out but this kind of trick will never succeed in the ends. But the sad note is that they already have their victims before it was noticed by many. It can be an unlucky day for them who are caught this scamming activity but the good thing is that we save a lot and also the market reputation.

Yes, you're not lying about this. There are some scam projects that are well organized and people don't know that they are scammers until they carry out their plans and by then it's already too late to do anything about it. But, I still think that it is possible to find out at the earlier time, and that's with the team.

If you want to play it safe, you should check out the team that's running this project and get to know their social media handles on Twitter and LinkedIn. After you have gotten their handles, you should check them out on those platforms and see when they have been active, and if they are still new accounts, then you will have to be wary of them.

Only deep research. I also keep a close eye on how the projects keep their promises and how realistic they are. But of course, no one can give you a 100% guarantee.

Scammers are not stupid, the wise scammers know how to use the tricky ways for fooling even experienced users. Social engineering techniques never die and the worst side of social engineering is the user gives all necessary information for scamming. Perfect scams don't exist, only stupid users let them do whatever they did for convincing the opponent side.

They are everywhere I mean they've spread like viruses and the major problem here is that this guys are causing alot of  harm to blockchain technology and crypto space and something has to be done to stop it.

As long as what already promised by the project looks realistic and it may be considered as a project that is still in the gray area caused by it has the possibility to be a good project nor bad project too. The fact that if there's not a thing that will give you 100% guarantee. People have already familiar with this as the main thing to determine the project whether it's a scam project or a trusted project.

It is absolutely happening since before. Scam and other forms of fraudulent activities are already existed not only in crypto but also in the outside.
Scammers are now developing their strategies to work effectively that is why they can't be easily recognized to be scammer.
And talking about the stoppage of this kind of market trick is out from reality coz definitely we can't make it possible. That is why we should be careful and take more precautions is choosing a project for investment.

Nowadays, it's really hard to find a legit project as almost of the projects seem so legit but at the end of the campaign, they suddenly break their promises. If i were to check the legitimacy of the project, i will research deeply the personal record of the bounty manager. Of course he would not let his dignity messed up with a scam project. And check if the members in the telegram are all active especially the team behind it.

As the market is growing, more scammers are trying to milk from people who does not educate themselves on crypto.
We cannot stop these scammers to play around in less regulated market, but we can minimized their activity by making ourselves educated to crypto.
We learn and share our experience, that would already help the newbie in the market as they are usually the ones who will easily fall on the scams.

Scammers will have more advanced plans than their victims because they must have done careful planning so that new traders who still don't have much experience will be exposed and become victims of these scammers.

my advice is better to be careful when wanting to invest or trade in a new place of exchange.

That's right, since we can't stop those scammers from screwing unknowingly individuals. It is better not to support them for now and make time to educate ourselves. Maybe they are planning a new scamming scheme. They are getting better and better these days. Also, if you found one, even in telegram channel you can report them so they will be banned accordingly.

Researching can help to determine if the project is legit but its not enough sometimes, as you have said there are scam projects that looks real and promising.

So we have to be extra careful and look for the factors that can identify the legitimacy of the project. Gather an information and ask for opinion of your known crypto enthusiasts (or here in the forum) it can give you an idea and a decision whether to trust the project or not.

My opinion though, invest for such term and not for the long term because we all are here for the money. Nobody cares about how you loose your funds. it is all about how much you accumulates. most calculated scammers always make it to the big exchanges. Make huge sales before disappearing. if you are scared of gambling, leave the project. such projects are always short term. Know when to move in and when to sell out.

the best way I think about avoiding project scams is to buy tokens from projects that already have a lot of markets, especially in large markets. for examples like XRP, or LTC, it is a coin that already has many popular markets. I think projects like that are safer than projects that only list in a few markets. in addition, for new projects, try to see their potential with whom they work together.

I will like to list few ways you can detect scam projects on this forum  but mind it remember to only invest what you can afford to lose
1. github
2. Tough questions
3. Use search engine on team images

Also make sure that the team have experience of what they are planning to do, not through LinkedIn accounts only

Yes, someone who always knows when to move and when to sell, will always avoid losses and avoid scammers, because everyone needs more understanding and knowledge to be able to benefit in the short term, because the market situation is always changing at every year.

At times, one may not be able to avoid all scam projects, even the wisest of the investors or hunters may not be able to, but if one is able to avoid about 95% of scam projects, then it is a good thing.
Part of the points I want to add is that, we should consider the integrity of the bounty manager handling such project, what was his or her past achievement when it comes to delivering good bounty projects.  There were some BM that 3 out of the last 5 projects they executed have not paid people and without the hope of paying, the same BM is coming up with another project again, then we should be careful.  Another caution is that, we should be careful of too much sweet promises from the projects.  There are some promises or plan that seems almost impossible.  When we are seeing all these too sweet promises, then we should take some caution.

Cool observation, mate! Any investor should follow these steps to find a better project! Most of the project doesn't have GitHub sources, they just create some new accounts and buy some old accounts and rebrand it to their project name and come to raise money! Everyone needs to research about a project's team members because all the fraudulent project uses photoshop pictures in the team section! I asked some questions to RideNode team about regulations, they gave a shitty answer and then banned me. So, it's another good idea to ask a constructive question to know the project's depth!

Nowadays it is very risky to invest in any cryptocurrency project, so now I only make investments in cryptocurrency projects that conduct IEO on top exchanges like binance, huobi, bittrex and constantly get profit and do not lose my investments.

It's the right choice since this crypto exchange have reputation over the past years and continue to provide to their users. It's hard to track down this scam projects because of well organize and realistic but there are some aspects that you can know if it's a scam. You should ask them some difficult question specially about their purpose and objectives of the project directly to their admin. Always read a lot of project review it will help you a lot.

This looks a bit funny, because in your main sentence you say that at this time it is very risky to invest in a crypto currency project, but in the next sentence you say you always make a profit from investing in a crypto currency project, you should say this in advance so you don't looks funny.

There is always a hole in a scam projects, they will always mistakes in the middle of their scheme all the time at the same time there are always people who research regarding the projects , these people always look at the projects very carefully, they also make comments in a group made by a projects and ask lots of question, because they knew something is not right, so always read comments to be safe don't just look in one group

look for the reviews if there is no match information why would you spend your money if you know nothing about

That is the sad part, it is almost always too late to realize they are scams before they get to peoples money.

By the time you figure out that they are a scam and they are stealing peoples money, they are already very rich thanks to all the victims they have and we can't really reverse things because in bitcoin when you send money you sent it and there is no turning back from it. That is why it is vital importance to keep your eye open and let things go for a while before you join them, I know being early bird investor to many things made people rich which is why everyone tries to get in before it is too late but at the same time if you are too early, you would be one of the first ones to get your money stolen as well, that is why you have to risk not making too much profit and wait so you can be sure.

No, the scam project will never have a good team and didn't have a use case as you said. That it mean you didn't do a good analisys to the project that you choose. Scam project, it mean will no have a feature can be used to solve the problem in this world. I believe when there is a project which is have a solve problem on this world and have a good mindset from its team then the project will never fall to the scam project at the and. The team will force themselves to improve and fix some problems that in the project.

Yes, at least we must know about the project first, so that the capital we use on the project can be useful and benefit later, because only stupid people want to throw away money on unclear projects.

Why not wait until the market is bullish, that way we have a good chance that new projects will earn success.
For now, IMO, it's better to invest on popular coins that has big support as they won't die although seeing a drop of its value is possible.

there are few things which people don't understand in most of this projects concerning scammers and what they do to scam us, but believe me this steps will really helps us.
1. scammers are very smarts to the extent of copying every details of the project which they want to scam people, e.g.
they can say this is bounty phase two of the so so and so project that people should promotes, after every they will give you stakes as usual but they will try to create a site were you can make a deposits to buy the token and after every or when they have met their target they will run away with peoples funds.
2. they will launch are fake airdrop telling to send a ges fee as to receive your tokens
3. they will pm you as claiming to be bounty managers
4. they will changed their usernames and pictures claiming to be the CEO of the projects.
5. they will change their group name to be the exalt name of the project which they want to scam people from.
etc.

In summary,
if find any pm or such things, the only way to catch them is to call them on video calls and if they refuses to pick the calls then you should know that such persons or personnel is a scammer. knowing too well that the real owner will love to pick without hiding anything.

secondly, though people has also mentioned but it all need a thorough investigations about the project and also watch the manager that is behind the project, any reputable manager can't do any evil in the forum in other to scam people that is why participating in any project you all have to note the manager too.

that caused by it's not easy to participate in the IEO that runs on the top exchange sites and people are also looking for an alternative way to get the best project too. The lottery system has already made some people were not able to participated on IEO. As long as you were investing in the right project and everything will be fine

Your research wasn't enough and doubt if you really get deep into this project and still was unable to detect that their approach to scamming. Projects with products or case use should not be seen as a project that has prospect, there are many projects with good team and product backed tokens but still scam investors. Stop investing into new projects no matter who is the team member of the projects or their products. Always look ahead and invest wisely on Bitcoin and some good existing altcoins and not ransom new projects.

If you do not believe of making research that is your choice but Im really sure that of doing that we can see somw information to know if the project are scam. Right now most of the project are really good to hide the truth so that many people are losing more money. I believe researching is the best way a investors to do to avoid scam project in any fields researching is needed  not only fro the crypto world but for the real world too.

If you are unable to make judgments about new projects. Or you don't trust them, you don't need to try investing in them, just go to coinmarketcap and choose the top altcoins there. These are the best altcoins and platforms, so you don't need to fear it collapses or become a scam

Yes this is true and we are yet to found out that most of these projects in the space would end up this way. Most of these project do not start as a scam but because of the change in the landscape and loss on money to continue with their project they dump their tokens and flee the space. We need some of them to fail to help the stronger ones survive

Any project on a coinmarketcap can die and then your money can turn into 0. Do not be completely sure about cryptocurrency projects. always remember that this is a high-risk market and invest only money which you are ready to lose

There are just too many people who feel like angel investors when they are investing into a new project, what they are not realizing is the fact that they are not investing into startups that could make millions of dollars if not billions in profits. They are investing into small coins that will be given to them and if that coin goes up then they will make money and if that coin doesn't go up that means they will lose money.

It is not a business, it is not a company, it is basically just money itself, you give euro and get dollars, you give dollars and get pesos, well here you give bitcoin and get that token and that's it. If we can manage to explain this to people as well as we can, maybe they will realize their mistakes one day, I don't know if they will understand but we have to try.

Well organised scams cannot be detected except there's an unavoidable loophole. These guys take years or months to plot the scheme during which they eliminate every loophole that can stand in their way.

The first way of knowing these sets if people is through hyping, they do pay hyypers to hype Thier group, watch closely for such groups and run away from such. Secondly project team always claims to have negotiated with some top exchanges so as to draw the attention of investors and thirdly they have fake team members with fake promises. Once you see groups people are hyping so much please becareful before investing as some are paid to hype so as to entice investors so they can invest.

Smile! They are so many well organised scam project which you can't ever believe they can scam you, but this can be avoid by making more research and make more enquiries from people that know more than us in the world of crypto.

The Golden rule of investment is to always risk what you can afford to lose. Having done app the necessary homework on any project, sometimes it is difficult to pick out the scammy ones, in this case little risk will save you from losing too much.

Proper research needs to be done but most of us investors most especially bounty hunter don't do research that much or do not do at all. You can not simply presume a certain project by having a good whitepaper or having at least a respectable team members. Remember scammer will anything for the money, even hire celebrities, or credible advisory to advertise their project. Do it at your own risk, you'll never know what you would be the outcome until you try.

Regarding the personal record of the gift it is necessary to consider and explore in depth. Scam projects usually only use the Gift Manager managed by themselves by creating a new Bitcointalk account and using a Copper member. Projects like this that must be watched out for. They will not hire managers like Hhampuz, Coolcryptovator and other professional managers.

Telegram members cannot guarantee, because the telegram members they have are usually members who actually follow the campaign but use many telegram accounts, even their team members are very active at the beginning of the campaign, and just before the campaign will end, the Development Team will not be active and the telegram group was abandoned.

For now it is indeed very difficult to find a real project, many scam projects. the fraud mode they use also varies, many of which have to be identified in order to avoid scam projects.

You have to find out more, if their intention is a scam then it will be easily detected, whatever method they use to hide lies will definitely be detected. But if all is really good, it would be very unfortunate if they only aim to do a scam

I don't think there is any way that a scam will be organized without you knowing it. Anyone who is smart, no matter how you try to organize the Scam, they will still be able to tell that it's a scam.

Some people don't take their time to go through a project , they are more interested in the money they are going to make and therefore they choose projects based on how much they will make, and they don't take their time to check whether the project is good. Some don't even do proper checks on the team that's running the project and their activities on social media. Knowing these will help you a lot. People shouldn't just jump on any project they see.

Well organized scam are good, its' well organized so most likely they will convince people to invest in their project.
That's why its necessary to do a risk management so you will understand how to diversify your investment, it's not really expected that you'll profit in all of your investment, just like gambling, you lose some and you win some, what matters is you have more winnings.

We have to research before invest in new project. If we find their website, social medias is new and decorated for few months before, we need to avoid that project. If we find a project whose website at least one year ago, and they are on their road map, not plagiarized whitepaper, not fake team, and in this forum they have good reputation for their project, you can invest that project. Any short term crafted project should be avoided.

Yes, that's right, but what I see and understand is that investing in gold will always provide benefits, both in the short term and in the long run, because the price of gold always increases even though slowly and tends not to decrease dramatically, this can be you look at the gold price chart of each year.

short-term projects are also very good and can bring big profits to investors. it is important to evaluate the marketing strategy of the project as well. if it is at a high level, then a project that will exist for 2-3-4 years can bring very good profits to its first investors

Yes, it is very true, scammers at this time are already very clever in making projects, so research is clearly needed, because they are willing to spend a little capital to hire people who are trusted in crypto to get a lot of money through investors who enter into the project they.

This is the problem nowadays because scammers now are more look like legit than the first one,they seems to be
trustworthy and you can't find fishy just by looking at them.but if you dig deeper and check their Site,and the team
 behind this mostly the are using fake accounts specially the Photos they are using mostly scams that is why this is
one of the best way to find their legitimacy because no scammers that will let Him be known and will always Hide their
 personalities .

My suggestion is don't believe a new project easily. Investors should think thousand times in invest any new project. When a project start it's looking good. But after they scam. So i think investors should make deep research about project.

To be honest, I also have difficulty in determining project scams or not, because nowadays scammers are very smart. Can make fake projects
looks like a real project. So from that if you really intend to invest in new projects, invest money that we can afford to lose. So if until fooled
not too sorry. Right now I am choosing projects, not relying on research and investigation. I also saw the number of people participating in the
project. Because in my opinion more and more people are following the projects, it's possible these projects are very large is real.

I wouldn't investing in any altcoin project for that long. You need to book profits within 6-12 months and pull out most of your investment. You may decide to keep a certain amount for the long term, but I would advice you to keep the proportion low (somewhere between 20% and 30%). There are multiple risk factors associated with these projects and it will be better if you don't associate with them for too long.

Scammers of today can easily make a project looks very real with full details, they will wipe out every leak that investors can use to detect them until they finally achieve their aims

The first golden rule should be (1) never investing in something you don't understand, then if you know what you are doing, (2) never use too many leverages.

Anyway, if you guys want to invest in altcoin, better try community coins (preferably PoW) first like Monero, LTC, raven, etc. Tokens are just 99.9% scam most of the time. Better buy stocks!

What you need is to have deep investigation and research,

Even those good to be true project have their flaws that you can uncover once you perform a deep research. Looking with their documents and comparing it if there are other projects that are similar or something that you see any suspicions can help to determine if the project is legit or not.

No scam project can hide everyone's eyes. If you doubt that the project is a scam even though you have carefully researched it, you can rely on the community, there's always someone who is very good at finding scam projects.

Only pro forum members can help us to identify. Because most of the people do not have the ability or quality and knowledge to do deep research about the project and check its legitimacy. So Pro member from this form can check every new project is a copy of another project or it has any project or people that are accused to be a scam before. I think these will help a lot.

I always rely very much on the bitcointalk forum and on all its authoritative participants, who always help newcomers and other users with little knowledge, to decide on good cryptocurrencies, cryptocurrency exchanges and new projects.  Fraudsters in the cryptocurrency market have always acted and with the development of the market, their activities have also improved and determining the prospects and authenticity of new projects has become much more difficult.  The fact is that even a more thorough study of the available information about a new project did not always give confidence that this project would have prospects in the future and that the developers were really honest people.

Before we invest in who we should invest in, we need to choose the right kind of verification.Social media sites and various websites should be well verified.But even then, in some cases, we faced the loss.The best option is to then invest in news through this forum.

I myself also do not know exactly how to distinguish between fraudulent projects and not. because most projects that really pay are projects that have a simple concept. not too much about allocations and other things for bounty hunters

what do you mean by invest in news through this forum? sorry not understanding what you wanted to convey here.

But anyway, from what I encountered here through the years, even if the project has transparent team with corresponding profile links, nice whitepaper, it doesn't mean that they will not run away from their responsibilities. There are several projects that you will think that they are totally legit with attached docs, registration and proof of having assets. But wait after few months in the market, they will start to disappear and their coin's value will go down drastically, you have no time to sell your holdings just to recover your initial investments. What I am trying to say here, is that no matter how much effort you put in studying the project, if the team themselves decide to abandon their platform, you can't do anything much about it but to sell your coins even at a loss. So right now, it is better not to invest during their ICO or IEO stages, but if you see a good project, just wait for it to hit in the exchanges and just do the trading. Just my 2 cents here.

Not many people are prepared to go into that stress of the kind of research you are asking for here. I know it is very easy for you to do as a bounty manager because if you do not do a thorough research and you make a contract with a scam project, everybody will accuse you of knowingly promoting a scam. This will affect your reputation here. But not many hunters and investors care about all that and they may not have that time for a vigorous research.

This is why the crypto investors are leaving crypto, because many well scam projects on crypto world.
Unless there are many success crypto projects shown to investors, they won't interested to investing on crypto again.
Even well organized scam bounty campaigns are exist to scam bounty hunters.

Your explanation is a bit chaotic and wordy, because I do not understand the investment in what you say, and if it is about the right verification I still agree, so that when making investments can be more clear direction.

Crypto investors are doing back again to the market and as you can see there was a small growth in bitcoin. More people have already started to pick bitcoin and ethereum as their main portfolios. You must see the latest growth that was happening with bitcoin and ethereum dude.

That's a problem right there. Many bounty hunters are too quick to jump in and join any bounty campaign they see as long as the payment is good. Not even thinking of digging deep about the project itself.
As I've said in a topic similar such as this, cooperation between the BM, bounty hunters and even the investors is crucial. Even if just one of them found a red flag about the project, it should immediately be published and announced for everyone to be aware and possibly save everyone's time and money from pouring it in on a possible scam project.

Research helps one to stay away from scam projects. Secondly not falling in love with any token, we should take our profits and move on as fast as we can itoght help us not to get trapped.

Exactly, most times luck plays an important role when it comes to bounty hunting and getting paid or not getting screwed over, even though you do some extensive research and dyor still when you are not lucky the bounty will turn out to be a scam,  and when this happens,  there is nothing you can do about it,
Yes the forum may tag the project but is the really enough to put a dent in their project and stop people from investing?  It is not, so best thing you can do is hope luck is on your side, because you are gonna need it if you are a hunter especially in altscoin project.

The surest way is to check the team and project managers.
First of all, you need to find out everything you can about their career and past activities, as well as identify the reality of accounts in social networks.
Scamers very often use other people's pages, and also often come across this.

yes it is very difficult to determine real projects and scams these days because they are really the same, the only thing that I see is still looking for the background of each team and keep seeing the products they offer. if it looks like crap then I avoid it

How do you know which crap projects? I also do a lot of research before engaging in their bounty. But to be honest, sometimes it confuses me, projects that are rated as bullshit but they end IEO or ICO with success. And those projects that are considered good become scammer

From my experience we can detect the project legit or not by monitoring the project it self. Maybe after 2 weeks you can ask them about the goals or roadmap. If they start ignoring people you should worry and leave that project. Finding a real project is very hard task.

 The scammers can successfully disguise themselves and leave with the investor's money of  in a few months. Even they can give hunters a some money.I'm always grateful the Bitcointalk forum and the  not indifferent members for their help in researching the projects

Lol, there are scam projects one never expected to even occur. There are some that owners promised heaven and health, claimed good team and Crypto enthusiasts, some even did bounty with huge rewards and active admin , some do even claim partnership with huge companies that knows nothing about them and finally some claims to partner with some exchanges. It's not easy in this space.

Any scam project sooner or later reveals itself. It would be better if this happened as early as possible, and not at the stage when the developers are hiding with the funds of investors.
This is one of the tasks of this forum, to find and learn how to find and determine scam.

There is no way a scam projects can cover all their loophole, they can not dot every i's and cross every t's. From what I have learnt about this space most of the time is not about the scam projects but the greedy investors. If some is too good to be true, then is not. If you ask questions from the team and you get no real answer then there is a but.

Simply, you can´t. Those who are longer here, knows about scam that raised hundreds of millions of dollars without doubts that it could be a scam. I am talking about PinCoin, PlexCoin or Centra.  ::)

They've learn from how things works inside the market and they just follow the trend to make sure people will also follow them, it's tough to determine most of the time it's luck that will bring success because even you deal with research things can still turned into scam or failed project that will victimized you and just wasted your time and efforts.

There's a lot of projects that was created so perfectly, even you search deeply in order to determine whether it is scam or promising projects there is no simple way to find out. Some projects cost million dollars providing realistic project platforms including whitepaper, websites, team developers and many more. So the possibility to know or determine a scam project is quite difficult, but if you are here in this environment (crypto world) and a lot? Experienced you had about different types of scam I know that you have other way or strategy to avoid and break this problem.

It is indeed difficult to identify new projects as scams because they have whitepapers or projects that look legit. We will know that the new project is a scam after the sales period ends and there are no steps from the team to work on the project or not listing on the exchanger.

LPC was something really well build, a lot of good exchanges, stable price, high volume, at least for2-3 months, they created more 2-3 coins linked directly with LPC and people was still investing on it, only a few months, everything crashed.

it is difficult to research a project, I sometimes research and make my own decisions without seeing the decisions of others, I have participated in projects that are considered unsuccessful but after they made sales they were a huge success and until now their coin prices are still good, and in the past only some people are following their bounty

Broadly speaking, usually people will see who is behind a project that is running and see the whitepaper and website. but instead they are smarter by outsmarting all of it so as not to be suspected of being a scam project.
if you are not hit by a scam project because looking at it from having a simple concept, it is a fortune that is hard to come by now.
scam project criteria quite a lot at this time, from just disappearing to giving a reward but the price under the ICO is not even worth it anymore, or delay without any explanation

Honestly, if they are so well-organized and use any meant just to scam people then there is not much to do against them. Because they are well-organized so you can't spot out any shady thing or red flag. They usually operate very normally and legitimately at first so very hard to see through their tricks.

Every thing can make fake even exchange listed announcement. I think you should check cross partnership to find legit one. Some team members still supporting by their best to fight against scam. Only experience will help to find any team members who's related or not with previous any others projects

A lot of projects now work the same way you describe them, we won't be able to recognize them as scams because they are so well organized. The project is always active and updated every week, but after they finish the ICO and the IEO they gradually disappear from this market.

its a step higher than just research, most times the affiliates of the projects should be considered and also the team should have a known face and a averifiable link to vet if truely he or she is involved in that project as scam is fast becoming a challenge in the industry and also a major force resisiting the futherance of the adoption of the technology in the globe. Blockchain technology was more assuring interms of investors funds years ago than it is now.