Is it possible to avoid all scams?

[chaser15]

Many novices will be deceived because they are inexperienced. But there are also many experienced people who are deceived, because people are greedy by nature, they will confidently think that no one can deceive them, and some scammer projects will be very mature, so that people can't see the goodness of this project. Bad. Many people believe it and lose their money. We can only be more careful when investing and don't trust anyone lightly. Don't be too greedy.

And that's why they are the target of these scams. The scammers know that there are many people that are aware of their tactics. But they also know that there are many newbies that they can still snatch. As for those experienced people that are still deceived, many of those experiences are not enough for them and that's why they're still fooled. I agree about the nature of being greedy, it's one reason why we invest on those projects that promises big gains but in reality, when they promise like that, it should have been a red flag already.

That's the problem, even with experienced people on the internet, even they know it's a scam, they will still test the investment because their reasoning is, as long as it pays on the early operation, it's good. And because that's their reasoning, they will drag those inexperienced ones to become their referral.

That cycle will just repeat and repeat. There's no solution for that as there are still people who will fall on the scam scheme even with experience or not.

[HyunBin]

Do you think it is possible to completely get rid of scams?

Hello everybody. I think everyone who has ever been involved in cryptocurrency investments is interested in the question of how to protect themselves from scams and loss of money. Recently I learned about the CheckDot project, which creates a platform with which it will be possible to get an assessment of any project in the blockchain world. In theory, this way you can get rid of a lot of scams, but does it help?

What do you think, is it possible to somehow get rid of scams among crypto projects?

Scam, fraud and Phishing will never gonna be rid or eradicate because it will always be there regardless on any circumstance but you can avoid it by making the right decision and thinking first before entering in something that you don't know yet. Always remember that it is very important to do plenty of research to avoid getting scam or fraud.

[Smitty Werben Man Jensen]

Do you think it is possible to completely get rid of scams?

Hello everybody. I think everyone who has ever been involved in cryptocurrency investments is interested in the question of how to protect themselves from scams and loss of money. Recently I learned about the CheckDot project, which creates a platform with which it will be possible to get an assessment of any project in the blockchain world. In theory, this way you can get rid of a lot of scams, but does it help?

What do you think, is it possible to somehow get rid of scams among crypto projects?

Scam, fraud and Phishing will never gonna be rid or eradicate because it will always be there regardless on any circumstance but you can avoid it by making the right decision and thinking first before entering in something that you don't know yet. Always remember that it is very important to do plenty of research to avoid getting scam or fraud.

I agree with that and we have to accept that fraud will always exist from time to time,
even so that does not mean we have to just give up, however we need to try to avoid it,
indeed research is very important and before investing or joining a project we need to do that

[Dr.Osh]

No matter how much research has been given to any project, or any currency, there will always be a way that there is a scam, in the ecosystem of tokens when they are launched through a decentralized Exchange the option of scam is very likely, it is something normal that anyone is taking a risk, the only way to minimize that risk is by betting on projects, tokens or coins that are listed on exchanges such as Binance, since Binance does respond to any eventuality and there is a fixed point to claim.

yep, you can't avoid when the person is really planning to scam. In fact, there were a lot of projects last year that did rug pulls, even though the projects were successful at the start. it is very difficult to avoid the risk of a scam, even in any type of business. however, what we can do is minimize this, and standardize the investment places where we will invest the money we have.

[Synerggy]

Scam is scam right? So tell me how is it possible to avoid scam always because even if you don't fall for phishing and go for good projects the team might decide to exit scam on you, remember scam is scam, another one is projects that got hacked and users lost their tokens isn't this a scam too?

[LastKiss]

Scam is scam right? So tell me how is it possible to avoid scam always because even if you don't fall for phishing and go for good projects the team might decide to exit scam on you, remember scam is scam, another one is projects that got hacked and users lost their tokens isn't this a scam too?

If it's really a good project they wont abandon the project, why? Because it can be worth millions if they keep developing it's project and I will call them stupid if they leave it lmao. It's absolute that a bad project has a lot of uncertainty in their project like their roadmap, their team, etc. I won't say it is a scam if a project got hacked if it wasn't done on purpose.

[Henrobakkara]

Many novices will be deceived because they are inexperienced. But there are also many experienced people who are deceived, because people are greedy by nature, they will confidently think that no one can deceive them, and some scammer projects will be very mature, so that people can't see the goodness of this project. Bad. Many people believe it and lose their money. We can only be more careful when investing and don't trust anyone lightly. Don't be too greedy.

I believe you are right. Greed is basically it because even when some investors or traders see that the projects don't look right they still invest in it because they feel they can make quick money from it. Investment is all about calculation and looking for established projects even though we could say that scams could not be 100% escaped.

[Slow death]

Many novices will be deceived because they are inexperienced.

I do not believe that the problem is there, the problem is the lack of research that people do not do when they want to create an account on any site, a great example of this is that people who created an account on the site of your signature today are complaining funds have been frozen and your signature site does not respond to them and does not return people's money

We can only be more careful when investing and don't trust anyone lightly. Don't be too greedy.

I agree, if people start researching more before creating accounts on the sites then they won't be fooled

[Wewe Gombel]

I think it's impossible to avoid scams, if we invest in 10 projects there will always be scams, especially if we hold it for the long term there will be a lot of dead coins, this is because of intense competition and of course it can make coins die.

[JrRini]

Of course it is possible if you look closely at the project and ask the project manager who is in charge of the project whether he is good or not, whether he is legendary or his background is good.  Take a good look at the background and, of course, do a Google search to see if the project you are working on has a discussion or mention of the project in the ICO.  It is very difficult for me to win in this way so it is not possible to get rid of 100 out of 100 scams exactly.

[JayTrain]

it is definitely 100% impossible to guarantee the protection of savings in cryptocurrency, but with the observance of security measures, you can minimize the risks of hacking, for example, use hardware wallets, do not download dubious programs, keep seed phrases in your pocket and do not transfer to 3rd parties.

[lousie9]

it is definitely 100% impossible to guarantee the protection of savings in cryptocurrency, but with the observance of security measures, you can minimize the risks of hacking, for example, use hardware wallets, do not download dubious programs, keep seed phrases in your pocket and do not transfer to 3rd parties.

Sorry, maybe you are not careful about what is meant by the content in this thread, because what is meant is to avoid scam when we invest in Crypto projects, not scam in storing assets in wallets so this will be very far from the topic above.

I think it's impossible to avoid scams, if we invest in 10 projects there will always be scams, especially if we hold it for the long term there will be a lot of dead coins, this is because of intense competition and of course it can make coins die.

To avoid project scam, of course, we have to look for many references to prove that the project is really handled by a very competent team so that the project will continue to be developed by the project owner so that we will not hesitate to enter the project.