How would we know which cryptocurrency would be Scam?

[Yusuf77]

Its hard to select good coin between more than 2000 different coin and token in market. But i am always choose top 200 coin in market cap. Its because top 200 must be have good liquidity and having a lot investor

I guess if the top 200 coins still exist, there will be a scam. of course we have to choose the top 10 coin in the marketcap coin which is guaranteed its security because it becomes the favorite coin of investors. besides that we also need to choose other coins that are promising and profitable later.

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[a d i m u l]

I found out if I followed the project until I was late and I didn't get the token distribution on the distribution date.

[echogomodrill]

if a project uses a unique idea and team has  very experienced people the project will not be scam
although there are exceptions

[Considered]

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?

I try to look at the linkedin page of the project, if they are not on linkedin then I get very suspicious of the project because that is where you will see the links to all of the people that are working on the project. Another thing that you want to look at is the product that they are using to back up their coin, if it is not sustainable then do not invest in the coin

[Sam San]

I found out if I followed the project until I was late and I didn't get the token distribution on the distribution date.

in the current situation, I follow the promising projects and take them on a pencil. then I wait for the appearance on the stock exchange and the actions of the team, if the project shows success and there is a movement on the exchange on the coin begin to bring it into the portfolio.

[wayaneka]

In my opinion some of the category that coin not fraud is that coin with no premine just like Bitcoin, and that coin has strong team developer. With no premine that mean the team developer does not have chance to dump the price. That coin also should be has partnership with third party and has unique product that different with others coin.

[grifinmch]

too much current crypto and among it there also would be able to produce. but to know the scam is a difficult thing to ascertained from among a large number of existing crypto. If you want to look for safer then at least select a Crypto was certainly well established then it is good enough to be owned for investment.

[stue]

You can find out the ICO that potentially scams if you can actively monitor the course and development of the ICO. Both external and internal developments. Communication in the team is very obligatory to be maintained so that the strategy for the goals can be achieved well. Other developments that you can monitor such as the team's activity in providing information in either the thread, telegram, or the web.

[Winner]

Doubt everything. Suspect everything. Think every project is a scam. In that way, you will be careful on what you are joining. Research is your best way to find out if it is really a scam or not. I think that's how you spot a scam.

If you are on the website of the coin looking for information and it looks like a scam when you find it, it more than likely could scam the purchaser of the coin.

[crudpuppy]

if a project uses a unique idea and team has  very experienced people the project will not be scam
although there are exceptions

The project got to be unique if I were to invest in it because that coin might be able to be exchanged for luxury items later.

[jemura]

Check the team first of all. Because if team buil big projects and worked in big companies its guarantee...but not 100%

[fuer44]

the simplest way is to see the soft cap. if crypto does not reach a soft cap, we can be sure that it is a scam because no investor wants to invest.

[Aroma92]

Unfortunately, we cannot be 100% sure that altcoin will bring profit. Before I buy a coin, I study the product, watch how it develops, study the team, buy a coin.All subjectively, but still helps to remove very bad coins.

[Sam San]

the simplest way is to see the soft cap. if crypto does not reach a soft cap, we can be sure that it is a scam because no investor wants to invest.

alas, even projects that have become a tough cap do not guarantee the disappearance of the team with the project. there are many different withdrawal schemes except for direct fraud. many do not want to share with investors, especially with disenfranchised investors.

[doycku]

the simplest way is to see the soft cap. if crypto does not reach a soft cap, we can be sure that it is a scam because no investor wants to invest.

alas, even projects that have become a tough cap do not guarantee the disappearance of the team with the project. there are many different withdrawal schemes except for direct fraud. many do not want to share with investors, especially with disenfranchised investors.

I think that first of all you need to study the names of the teams, because this will already give certain results in the authenticity of the names.

[Kaller]

There is no one way to know which coin is going to be a good one but there is something you can do which is looking at the project themselves and making sure that you are looking at things like the roadmap and the whitepaper for the coin. You can also check out the coins on their social media sites to make sure that you are able to follow what they are working on

[dedocry]

usually when you find out about a scam, it's too late to do anything.
therefore it is better to buy the top coins

[Just John]

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?

From the beginning, it can be very hard to tell which kind of coin is going to be a scam when you are looking at it, so when you are looking at a new coin then what you want to be looking at is the kind of product that they have with the coin, that project is what will determine if people will want to put their money into it and if it is applicable in every day life then you can be sure that the coin will be good

[siorapokk]

With your own brains. You can detect a scam ICO by yourself before investing in it. Spend several hours by checking every information that could be useful like docs, team members, bounty manager and so on.

[killerfrost]

Take a look at Dev team and see it at github. If Dev team does not work and develop product of the project then surely the project is scam. They just created a fake project to raise capital of investors