Keep these things in mind when you are into crypto world

[mcrey11]

Hello everyone,

I am in crypto world from August 2017 and learn a lot and still have to learn a lot.

Let me share few things with you which are very important.

How to find weather ICO is scam or not

There are few things which we can check to avoid scams.

1. Do check their whitepaper , if you don't have any technical knowledge then you can take help from google to comes to know about project reviews because there are many website who review about ICO's
2. Do check their Team members, try to find their social accounts and do some background about them and their past experience.
3. Check out their Roadmap, check out discussion of projects on bitcointalk,reddit,telegram and other social channels.
4. Check their partnership details. Try to contact their partners to confirm it.

As once you select that you want to participate in ICO, then what you have to keep in mind.
1. No one from team member will contact you personally through telegram or other channels to contribute to you. Only ways of contribution are either through their website or that is mentioned on their website.
2. There are many fake admin profiles on telegram , they will personally message you and will give you contribution address to send ETH/BTC or whatever. Don't listen to them and ban them immediately.
3. Only trust official websites, Admin and team member.
4. you will get email from hackers , don't open them.
5. use 2fa and other securities to your accounts on exchanges.

Recently i get email from fake cryptopia exchange team that someone is trying to access my account. I click on that link and found that it was almost similar to real cryptopia link. So avoid these types of email.

If you have any question or need any help, leave your post below. I will try my best to help all of you.

Thank you and all the best.

Great insights! There are lot of ICO's that might be a scam. One thing always check their team members legit accounts on social media, this is personally what I did.

[1715213138]

1715213138

[1715213138]

1715213138

[1715213138]

1715213138

[1715213138]

1715213138

[1715213138]

1715213138

[Onestepinhell]

Always be prepared that anything can happen, it could be upsetting or could be overwhelming. In crypto world there a lot of doors open to become wealthy, but on the other hand you have to be prepared that it is possible of losing too, that is the reality in crypyo industry. You must be a risk taker in joining crypto world😊

Yes, I agree that these are two sides of the same coin, here you can get a chance, but also lose it. So in our field of work we must have a cold mind and strong will. That would not be scared at the right time))

[Uvidify]

Nice tips. I would like to add these:

when doing airdrops, You should also have a seperate password from your main password which you use in exchanges. because some airdrops are already phishing the hell out of newbies

[laurenB7742]

Nice tips. I would like to add these:

when doing airdrops, You should also have a seperate password from your main password which you use in exchanges. because some airdrops are already phishing the hell out of newbies

Good one. I use random passwords for this kind of purposes and save them to browser password library. Alternatively you can use one of dedicated password managers.

[nara1892]

This information is interesting, you're pretty new in the crypto world, but you've been able to analyze so far, I'm so respect to you.
You're right, a lot of ico scam stuck because lazy to read whitepaper, even among the whitepaper of ico scame it just copy paste from whitepaper another coin.

[knackergays8]

You must check it before investing or doing anything with the ICO.

[voztata]

The information you shares will help a lot especially for the new comers in crypto world.  It is true that there's so many fake, scammers and great pretender roaming around to take advantage on us.  If we are not familiar with the proper set up of what an ICO should be, we might be get fooled.  They can copy and imitate exactly the full concept of a certain ICO just to have an access from the participants.  I have once encountered an ICO which I am about to participate.  All their social media accounts are inactive.  I have also received a personal email convincing me to support their project and to contribute a required Ethereum amount.  Because of this consecutive impostors, I patiently studied the trend of different ICOs.  Starting from top to bottom and searched every single details.   We should be more censorious to avoid fraud.  These are the few important things that I have learned.

Fake currencies and scams are big problem in crypto world. People hardly believe in crypto because there is big risk in investing money in such currency which you cannot control. You can only withdraw and use it but one click will take all your money. People need security and authentication before entering in crypto world. Trust is important in cryptocurrency.

[Bugatti73]

If you are a newcomer and absolutely dont understand anything in investing, then its better to spend money and time for training in this field of activity.

[bitgolden]

Always be prepared that anything can happen, it could be upsetting or could be overwhelming. In crypto world there a lot of doors open to become wealthy, but on the other hand you have to be prepared that it is possible of losing too, that is the reality in crypyo industry. You must be a risk taker in joining crypto world😊

You can only perform better in the world of the crypto currencies if you have enough of the knowledge and awareness regarding the things and that you have this much of the skillset that you can make the right decision at the right time. while being in the crypto world, the only thing which you need to focus more is to look for the ways which can help you in having a better understanding of the things.

[fleecedamp]

There are many ICOs that are scam. You must be smart and wise enough to know that.

[Bugatti73]

In the current days, many projects are a scams, but at the same time the regulation of the sphere of ICO will be carried out in the near future. I think with more control there will be less scammers.

[harastvo]

It's very useful topic, If I had meruts, I would give it to you.

[marsmyname]

This information is interesting, you're pretty new in the crypto world, but you've been able to analyze so far, I'm so respect to you.
You're right, a lot of ico scam stuck because lazy to read whitepaper, even among the whitepaper of ico scame it just copy paste from whitepaper another coin.

If you somehow managed to step into the world of the crypto currencies, then you need to be very much careful while dealing the things related to that of the crypto world because there are so many things which you need to learn and know. Only then, you can think of something better in your coming life. Just remain patient and that do not make any such decision which make you feel regret in the future.

[Sum24]

The information you shares will help a lot especially for the new comers in crypto world.  It is true that there's so many fake, scammers and great pretender roaming around to take advantage on us.  If we are not familiar with the proper set up of what an ICO should be, we might be get fooled.  They can copy and imitate exactly the full concept of a certain ICO just to have an access from the participants.  I have once encountered an ICO which I am about to participate.  All their social media accounts are inactive.  I have also received a personal email convincing me to support their project and to contribute a required Ethereum amount.  Because of this consecutive impostors, I patiently studied the trend of different ICOs.  Starting from top to bottom and searched every single details.   We should be more censorious to avoid fraud.  These are the few important things that I have learned.

Fake currencies and scams are big problem in crypto world. People hardly believe in crypto because there is big risk in investing money in such currency which you cannot control. You can only withdraw and use it but one click will take all your money. People need security and authentication before entering in crypto world. Trust is important in cryptocurrency.

Well if there is risk for investing in bitcoin then there are a lot of sites who are there to guide you for buying bitcoin form genuine site instead of being scammed, bitcoin is good investment if you do a little of care about it while investing or trading, always use the real site and search about its previous performance, the other thing is “panic selling” don’t sell at panic when you see price is low just hold your bitcoin never think about selling it at low price, have patience and wait for the price to  be high again instead of rushing to sell it.

[Harley29]

Always be prepared that anything can happen, it could be upsetting or could be overwhelming. In crypto world there a lot of doors open to become wealthy, but on the other hand you have to be prepared that it is possible of losing too, that is the reality in crypyo industry. You must be a risk taker in joining crypto world😊

Yes, I agree that these are two sides of the same coin, here you can get a chance, but also lose it. So in our field of work we must have a cold mind and strong will. That would not be scared at the right time))

yeah it is true bitcoin investors should be very could mind so that they will not get stressed at the time of dump as it happens but user should not lose the patience for selling at panic, bitcoin user has to be positive as sometime people use to say negative things about it but no need to listen them just have patience and hold your bitcoin, try to buy at the time of red and then hold it till market turn green.

[rickadone]

In the current days, many projects are a scams, but at the same time the regulation of the sphere of ICO will be carried out in the near future. I think with more control there will be less scammers.

Yes, with regulation, we will end up having a more matured space and a sane one as well.

It is normal to see things like this in a decentralized space and it is just pretty unfortunate that some people usually just do not know how to do some research on their own, or they are just so lazy that all they keep looking for is how to make fast money and they just invest in anything they feel like. However, we cannot run away from regulation with all these in as much as we may not like it, but I believe it will help.

[el kaka22]

Always be prepared that anything can happen, it could be upsetting or could be overwhelming. In crypto world there a lot of doors open to become wealthy, but on the other hand you have to be prepared that it is possible of losing too, that is the reality in crypyo industry. You must be a risk taker in joining crypto world😊

Yes, I agree that these are two sides of the same coin, here you can get a chance, but also lose it. So in our field of work we must have a cold mind and strong will. That would not be scared at the right time))

The good thing however is that, even if it is a two side of the same coin, you can always stand the better chance not to end up in the wrong side. This space may in a way be a gamble, but at the same time, it is a risk you can minimize when you have the knowledge to make the right decisions. A lot of people complain about ICOs being scams but they forget that they are mainly the ones at fault for not doing due diligence in the first place. It is necessary to always be vast in your area of investment to get the best from it.

[streazight]

This information is interesting, you're pretty new in the crypto world, but you've been able to analyze so far, I'm so respect to you.
You're right, a lot of ico scam stuck because lazy to read whitepaper, even among the whitepaper of ico scame it just copy paste from whitepaper another coin.

If you somehow managed to step into the world of the crypto currencies, then you need to be very much careful while dealing the things related to that of the crypto world because there are so many things which you need to learn and know. Only then, you can think of something better in your coming life. Just remain patient and that do not make any such decision which make you feel regret in the future.

I don’t think so that getting into any of the crypto currency before having some good amount of information and know how about the things is a very good idea and that if you really want to achieve what all you have in your mind, then you do need to learn some good information first. Learn from your mistakes and try not to repeat them in the future. think very well before making any final decision.

[Mosesayo4450]

Thanks a lot a really helpful heads up

[crutu]

Always be prepared that anything can happen, it could be upsetting or could be overwhelming. In crypto world there a lot of doors open to become wealthy, but on the other hand you have to be prepared that it is possible of losing too, that is the reality in crypyo industry. You must be a risk taker in joining crypto world😊

Yes, I agree that these are two sides of the same coin, here you can get a chance, but also lose it. So in our field of work we must have a cold mind and strong will. That would not be scared at the right time))

the big risks that will be faced if going into the world of crypto will definitely feel the loss, but it is likely that we can easily generate profits if you continue to focus on the field and spend a lot of time to get a chance to get a very promising advantage.