How would we know which cryptocurrency would be Scam?

[jakedeez]

In order not to get caught in a network of scammers you need to be very careful and pay attention to some signs that will indicate to you the fake cryptocurrency. Better, to begin with, buy bitcoin in a small amount, besides the price of bitcoin is constantly growing, which will allow you to make good money.

[FeverMore23]

Cryptocurrency scam always depend upon the team, project and the potential of the coin. You can check it in their site. You can read their white paper so you can have an additional information about what are their plan. You can assure if their coin is really legit or only a scam. Try research about NEO and Ethereum. It has a good potential coin that can help you earn a lot of money.

[katiecbell]

As of now there are 1500+ cryptocurrency exists in the world.
Many dead many rising and many has to come.
So how can i know the currency  ,where i am putting my money is not a part of scam?
Or is there any other way so we can check about respected crypto might be it'll work?

There is no way you can tell which one would be scam, what you have to do is avoid them earlier. Just go for cryptocurrencies with reputation and not all these new ones that are yet to achieve anything. If you want to invest in new coins just invest a small amount of money in case you happen to lose it, it wouldn’t be much.

If you just jump with huge amount, when you lose it you will regret your life for real. So mind what you’re going for or stick to Bitcoin alone and no other cryptocurrency.

[@Mhaiang]

The best thing to do to check whether a crypto is a scam or not is through research. If you are not so sure of the crypto you are trying to invest just because you just heard it from friends that it is a good crypto, then think twice. If the team is that is behind it is unreachable or unresponsive too, then it can be a symptom of a scam crypto.

[tot-o]

We can not say an ICO is scam for first glance... But with the help of people feedback and observance some details are highlight and conclusion will be build.... That's how scam project we're detected on the process...

[blackandred]

the top 20 coins are worth investing . XRP should be excluded . it is a centralized coin . i used to buy some ripple , which made me lose some money .

[ZeusTrade]

ALWAYS SEE WHAT BEHIND ICO ALWAYS SEE IF THE CRYPTO YOU WISH TO PURCHASE EXISTS A PURPOSE IF IT WAS WELL ACCEPTED BY THE COMMUNITY SEE YOUR PARTNERSHIPS BECAUSE IF THEY ARE NOT ACTIVE WELL PROBABLY BEYOND A CURRENCY BECOMES SCAM TYPE

[TheNotoriouss]

They are lots of indicators which helps you to understand. They are several schemes, google it. I fascinated about this project - https://medium.com/@kelvinchain/the-post-quantum-era-of-blockchain-todays-solutions-for-the-world-of-tomorrow-16bdd970f49a What is you thoughts??

[MMA]

The best thing to do to check whether a crypto is a scam or not is through research. If you are not so sure of the crypto you are trying to invest just because you just heard it from friends that it is a good crypto, then think twice. If the team is that is behind it is unreachable or unresponsive too, then it can be a symptom of a scam crypto.

I do not think that there is any mechanism or way through which we can know about an ICO that either it is a scam or not, but i think that studying the white paper of the ICO and about the project from there we can get some information about such ICOs, but still an expert person can give you a good suggestion about it.

[zoperdal]

i think those crypto currency are the currency which loose their volume and they turn to be scam, and i think the coins who are not be mined is they will be turning to me scam in the long run. Much better to choose well know coins to make your investment safe or lessen the risk.

[Sadlife]

There are lot of new coins that has promising features and could become the next big thing bad sadly due to the volume of coins and mostly of it are shitcoins they get overlooked by possible investors. The only way to know where to properly invest your money is to know if that crypto currency is hype, has a good team of devs, has many physical source of income, and has a real CEO.

[anushkasachith888]

I think no one can give you perfect answer for this question, Because who knows that particular persons who are behind that project got what type of idea in their mind? It applies to any business not only to cryptocurrency. but we know normally all businessmen are not thieves. you can reduce the risk a lot by doing your own research in depth. checking whitepaper. the team. if you can decide the best way is to know how the crypto experts think of that project. because they know better than about the subject, Experience is so valuable. they got it.  

[Dharmmie]

Who knows...  Lots of scams that you don't even know the real 4rm d scam.  I don't think anyone can easily know the which crypto is scam

[1goldhunter001980]

I think no one can give you perfect answer for this question, Because who knows that particular persons who are behind that project got what type of idea in their mind? It applies to any business not only to cryptocurrency. but we know normally all businessmen are not thieves. you can reduce the risk a lot by doing your own research in depth. checking whitepaper. the team. if you can decide the best way is to know how the crypto experts think of that project. because they know better than about the subject, Experience is so valuable. they got it.  

It's really difficult to know that the bounty campaign we are participating or the ICOs project we are investing is a scammed because reading bounty campaign platform of some projects are more interesting and encouraging to invest.

[Marcel666]

Make efficient research on any potential ICO you wish to invest in.
There are so many projects with no long-term commitments.
You want integrity and expertise in the team, also their customer support service shout be effective and attend to your enquiries.
The working product should aim to solve a relevant problem.

[davinchi]

Who knows...  Lots of scams that you don't even know the real 4rm d scam.  I don't think anyone can easily know the which crypto is scam

There are so many people who are busy in dealing with the things which are related to that of the crypto currencies and that not all of them know this thing that whether they are dealing with the right person or not and that whether or not they will be able to end up making some good earning.

However, you need to stay alert and that you need to keep on looking at the things which are happening around you in order to avoid any kind of loss.

[lana_93]

Make efficient research on any potential ICO you wish to invest in.
There are so many projects with no long-term commitments.
You want integrity and expertise in the team, also their customer support service shout be effective and attend to your enquiries.
The working product should aim to solve a relevant problem.

With all this things you need carefully and very long study the project or a little rely on luck. Study and observation of the project will take a very long time.  I am sure that a lot of us don't want to do it and complain that can not find good project. Isn't it? I become study projects during for a long time, I think only this way is right for making profits. Now I think Romad, Eloncity and Menlo.one are best for investments.

[raviuda]

Well it is a real problem these scammers trying to steal from the little money new investors have. If it weren't for these scammers, crypto would've been more and more acknowledged by the world.

[BilHim]

It so hard to find which cryptocurrency is Scam, but for me if the crypto have many discount gave and give-away that's sign of Scam. For you not to be Scam, I think you should search about the crypo you want to invest or you should just invest in the Top10 crypto in the world.

[Vinalians]

Me as a small time investor I can say that the ICO or cryptocurrency that I will invest is a scam by checking their whitepaper if some or many of it just copy paste in some websites or some ICO I can barely knew that ICO is just a scam. And also by seeing their partners confirming it to them.