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I've seen numerous clients grumbling about being misled by ICO extends a large portion of them are new financial specialists which presumably going to be the up and coming age of speculators in digital money industry. I've been here in the digital currency industry for multi year and I've put into various activities and perceived how they vanish in the thin air, so to evade this I need to share to you my criteria on picking the privilege ICO or venture to put resources into.

This isn't ensured yet perhaps in some point it might help you atleast to decrease the likelihood on getting defrauded by ICO's, the rundown underneath are my own criteria how I pick Project to contribute with utilizing bitcoin or other cryptographic money:

Check the Background of the group (If the group didn't give information about every individual from the group, for example, name past ventures, foundation, and so on. There's a probability that they will simply flee with your cash in the event that they didn't give data's about their group.)

Read their whitepaper and look if it's extremely worth to contribute with, their idea, and so on. (This is critical to recognize what the venture is about.)

Check the Social media accounts, If you think that its extremely fascinating adequate. (Join their message bunch so as to be refreshed.)
Check the Projects polished methodology (How they handle clients, control cheats, and so forth.)
Take after their Roadmap and other specialized points of interest and check whether they meet it on time.
Search for the undertakings network and check whether the network is dynamic.
Search for unique evidence and approval.

Do your own particular research about the undertaking, for example, survey about the ventures or you can likewise check the activities ANN string to see remarks who's concur/differ or the networks thought regarding the task in light of the fact that ANN strings resembles an open discussion where you can ask, give bits of knowledge, and so forth.

This point related articles may enable you to don't hesitate to check:

https://www.entrepreneur.com/article/306563
http://strategiccoin.com/3-approaches to-recognize an-ico-trick/
https://cryptona.co/important hints to-maintain a strategic distance from an ico-trick/
https://blockgeeks.com/how-not-to-be-misled by-an underlying coin-advertising/
https://medium.com/@99cryptoman/how-to-stay away from tricksters when-putting resources into ico-489cfadcb0f6
https://www.cryptocompare.com/coins/guides/how-to-maintain a strategic distance from trick icos/


I've included this article connects about various tricks and how could they function so you have thought what are the distinctive tricks procedures so you can without much of a stretch spot and keep away from them:

https://steemit.com/digital currency/@veeev/scamsintheworldofcryptocurrency-rzd5dwo060
https://techcrunch.com/2017/12/07/6-warnings of-an-ico-trick/
https://blockonomi.com/leave trick/
https://coinsutra.com/cryptographic money tricks/
https://www.makeuseof.com/tag/basic digital currency tricks/
https://themerkle.com/top-3-kinds of-bitcoin-tricks/
https://www.finder.com/ph/bitcoin-tricks

NOTE: Investment is one of the least secure approach to win cash. Contribute just what you can bear to lose, in speculation there's solitary two conceivable result it's possibly you will procure or you will learn. Gain from your errors.

Much the same as what I've said this means are my own means on picking ICO/Projects in where I will put resources into. This may not encourage you but rather I trust you'll learn no less than a little in my small sharing. Have incredible day each one, ciao.

PS. On the off chance that you have something to partake with a specific end goal to keep away from trick or any subject related don't hesitate to share so everybody will gain from us.

cryptocurrenciesboom

thanks for information...i think you can get merits from someone.thank you

I really appreciate your effort for putting this points together. But sadly, it's easy to say than to execute. Now the scammers have also evolved their techniques. They plan a lot in advance so it has become very hard to spot a fake social media profile. The attributes mentioned in the website can be sourced from a professional content writer which again becomes very tough to spot any anamolies.

It is little easier to spot a fake ICO projects through their twitter activities. I have seen a lot of ICO projects those who tweet about only their projects with a lot of jargons and copied text from their website. Only a handful of them post about their real pictures and their team members. Once you see an ICO is continuously posting about their participation in various crypto summits and their tours and sales pitches, you can at least trust that they are not fake and genuinely trying to get better attention.

I usually use this determination factor before joining any bounty program.

This is very good information, especially for newbies. I remember when i first discovered crypto and ICO's, i was just randomly investing in a lot of ICO's just because they sounded good. Unfortunately this wasn't enough, you need to really inform yourself as much as you can before you make an investment.

Thanks for the great effort. You have figured out some really important points. I think we should keep these things in our mind before taking any decisions.

"I have seen a lot of ICO projects.I really appreciate your effort for putting this points together. thanks for the information it’s really helpful for me and all the newbies."

When investing in ICO projects you often worry will be fooled. Or you have been tricked so you do not want to continue investing in ICO projects. Have been cheated once you should experience not to be fooled twice. Consider who that investment, how capital and how to develop?

Not being scammed is not an achievement but a struggle every time. Scams though preventable in most cases sometimes comes in never predicted form. One of the key for not being scammed is patience. Don't take decisions in a hurry. Don't go after instant profit.

Thanks for this wonderful effort, this is much need in the Crypto space, because the rate at which scam project are popping up is giving cryptocurrency a bad name.

This post will be a lot helpful for the newbies here. We all know the red flags, we all are aware of the do's and don'ts, but still we fall prey for the trap. The key is to not be greedy. It is greed that blinds us from being sensible. Never go for the amount of the money, but go for the demand of the coin instead.

Scammers are there no matter what, though there will also be good quality ICOs to invest on, with legit team biuld ups, some users will still be losing money and going hayware on their investments. There are always prepared and aware scammers just as prepared and aware users are.

There has been various ICOs with legit team, roadmap and whitepaper; they also had huge community compares to others but still vanished with all the investors' money. Though good ICOs can be identified by following the steps you mentioned but scammers will come prepared with everything as they have understand that people are more aware now.

I truly value your exertion for assembling this focuses. Yet, unfortunately, it's anything but difficult for the state than to execute. Presently the con artists have additionally developed their methods. They design a great deal ahead of time so it has turned out to be difficult to detect fake profiles from social media.

Good observation. It takes times and efforts to do research about a project. But it is worthy to do because it can make us safe from online fraud projects.

Very useful information. yeah, being scammed by the ICOs or bounties that spent our money or energy or time will be very weird and bad. I also felt that scam. however now, we must be able to avoid the scams by learning and analyzing more about the ICO or bounties that we are going to participate in. This consideration and analysis are very important and crucial to do. Your information is also very useful for us. Thanks so much.

That is true as innovation in technology happens very often, scammers and hackers adapt to security measures that any company and forum does. Also even though a project is very questionable because of these warning signs though they are legit it is very hard to distinguish as they are the same with the scammers. The thing that users need: self regulation.

This is a great information for us who are new to the industry. Kudos to you sir for bringing a lot of effort in order to avoid scams.

Beginners will be hugely benefited with this amazing information. I think nothing is more important than research and analysis in cryptocurrency. It is the main key to stay safe.

I think this news is good for Newbies. Early crypto gave good sound. In my opinion, when you will definitely verify the information you have. You can study more for this.

These are really very important information for new comers. I appreciate it. It’s really difficult to execute. But it will help the newbies to understand the situation.

I have been always checking out all these points you have mentioned for a long time before investing in an ICO. There is a huge chance of falling for fraudulent projects if the ICO has shady information and unknown team behind them. Hopefully, it will help the newcomers who are interested to invest in ICOs.

crypto authority are trying their best to provides the users as best security they can provide but if you want to protect your coins from it you also have to follow some safety requirements from your own otherwise you lack of awareness can cause you a big harm

There was a lot of misinterpretation about the ICO projects. Thanks for your nice writing about the ICO system. It will help the people to understand about the ICO.

People those who want to invest in the ICO, this informative writing will help them a lot. The newcomers can easily understand the pros and cons of the system from this writing.

These are some must dos/checks before investing in an ICO, otherwise, there remains a huge chance of falling for scams and losing all your money. Thanks for sharing your experience and knowledge with the community. Hopefully, everyone will be benfited from this post.

As mentioned in one other similar thread, you can never be safe from investing in Scam projects, also if you have been around for years. Also the scammers are getting better and better and it is hard to spot if a project is fraudulent from the past..previously you could detect that easier, now scammers getting more professional and don't make as many mistakes as before...be careful

Correct, scammers are not going to sit and do nothing while everyone now is able to detect the way they used to scam, they are adapting as well and they are doing it at such a speed that I think investing in this market of icos is no longer safe and if possible it should be avoided, some may think that is too harsh but taking into account the huge number of scams I do not think that is the case.

Yes, nowadays the scams are increasing so it becomes very important to be careful while investing in anything. Whitepaper is the mains source of all the info about the project. We should read it carefully, make sure it has some real ideas and realistic goal. We should also read about the team of developers, we will not find much information if they are a group of scammers.  Moreover generally I have seen there are just merely faces on the paper rather than people really working behind the project.

It is good that you have made all of these points. A lot of people really need to see this so they can know the kind of things they are getting into when they invest. It is good that we are all enlightening people on the ways that the can avoid being victims of scams which is a good thing. Always make sure that you are not investing in scam projects.

That's a useful post you've written over here. I agree with you in all the points, one should only invest the amount they can afford to lose, the world of cryptocurrency has been unpredictable until now, as much as it is risky. I only get involved with the verified sites to avoid scam.

I do not really know if the scammers have actually gone up or if we are just getting better at detecting them, to be honest I am leaning towards the latter since now there are many members that have been scammed and now are dedicating their time to reveal scams and they are doing a great service to the community, but as soon as there is a new bull market new and inexperienced investors will flow in the market again and the scammers will have unfortunately an easy time scamming them.

We all know that all the crypto currencies are very much popular and very successful among millions of people and all the people find it very trustworthy to invest their money into crypto currencies and they even even superior to all the form of currencies available in the market and there are many reasons why millions of people support it and the foremost reason is that all the crypto currencies provides the safest and the most confidential transactions so it’s very difficult to scam the bitcoin transactions.

This is good information, we should always be alert when it comes to our coin and to avoid being scammed again. We all need to realize that with each passing day the scammers get smarter and come up with more sophisticated ways of scamming people so we need to be just as smart. My advice, never open suspicious links and make sure that the links are correct before putting your information.

Its true all

I always read horror stories of people being scammed, but have never been scammed myself (well except for insignificant amounts when I'm in an extreme hurry or something). There's one simple rule to life. Trust nobody, sure it will cost you opportunities, but when you have very little money, some times you simply cannot afford to be scammed as it could set you back severa months in recovery time.

that's good information, I think you'll be rewarded, do you gave good food for thought, we must always remember and keep this information in my head.