How to spot a Scams

[chatedha]

Some time ago, I know some project like myshield, they want to help an investor to avoid scam ICO, but now I can't find them...

[desticy]

Even if you have been a victim of scam project before, it's still not easy for one to spot out which project is scam or not. Talking about the Anti-scam stuff, I haven't seen anything about it but I hope it's real.

Scam is always a hoax, which means checking all the information sooner or later you stumble upon proof of deception. It all depends on your effort.

[SaRmY]

I think that it is very important that the project has an impeccable history about itself.  Which is in their documentation where everything is described.  This you should study very carefully.  Then everything will be clear.

All these paper stories mean nothing to many. They can also share. Very easy. In general, electronic documents here will not help us. It is necessary to verify the identity of the developers. And follow their past achievements.

[siorapokk]

The only thing that can stop scam are the regulations, but if we would implement hard regulations we will lose the major feature of all crypto currencies and this is the anonymity. I will rather stay decentralised and will avoid scams on my own.

[OptimusPrime_3]

Spotting scams are not that easy because the manipulators take their time to cover their tracks they make everything look so perfect that you can find it very difficult to differentiate a real project from a dubious one. Just be careful

[pedpedped101]

There are different platforms that offer the service of detecting scam projects, but not everyone of them can be trusted. I guess any of them that want people to patronize them, should first tell us and give evidence of their portfolio.
Also, scammers are these days coming up with different strategies that make it difficult to detect them. Even at that, those who have enough experience can easily spot them.

[ljane]

It's quite difficult yo spot a scam from the  start because some projects looks very genuine but in reality, its no where genuine. Its a scam. That's why its important and necessary to find out more about the project before investing. This will help you get the right projects.

[Chicky213]

It’s so hard to know that the ICO are scams. Unless if you’ve been a victim before. Have you heard about Myshield the first decentralized Anti-Scam platform that will definitely help us eliminate and destroy those Scams in Crypto industry. If not now then when? So join the community now. t.me/MyShield_TM

When you become a victim of scam project, you will more caution before join every ICO.
To spot scam project, it is difficult at first. If you find a trustful ICO, don't be hasty to buying in ICO, just keep attention to the project.
But now is easier to investing because IEO. You can joining IEO project because it more trusted than ICO i think.

You are right, cause one need to investigate thoroughly before investing in any ICO. Go to the profile of the teams LinkedIn, check the activities of the project on social media. Study the whitepaper, even the Telegram community activities should be monitored. IEO trend has reduced the scam rate.