Keep these things in mind when you are into crypto world

[shield132]

What you said is good, but some of them are not all that necessary if you’re going to find a something legit. Take for example the one you said that we should check their partners and contact them all to know if they are really into any partnership with the so ICO. You don’t really have to start contacting all their partners to know whether the ICO is legit or not, it doesn’t make any sense. Apart from this, every other thing you mentioned is alright.

I think it's enough if you see those members in one picture where they have a discussion/presentation of ICO. On another hand when team tries to promoto ico at it's best, I think contacting each of them and asking to verify id they are really involved in that ICO, is really the part we can avoid (it's boring for both side).
Any other suggestions fron OP are absolutely logical and I think that things even doesn't need to be written.

[coin_1122]

Very informative. Those things will surely help our fellow newbie members because that's what I execute in this market that are full of compromise and scams. I know that those will work because I have never experienced hacks.

We don't know when we are going to face the hacks but we should be very careful when dealing with crypto currency because there are many people wants free coin but they need to be sure check it twice before clicking any link send to you from the unknown users.

[neonshium]

Very informative. Those things will surely help our fellow newbie members because that's what I execute in this market that are full of compromise and scams. I know that those will work because I have never experienced hacks.

It will! It is just quite unfortunate though that as much as you keep saying all of these, some people will still not listen or read, and would still keep falling for it over and over again, which is what had led to the idea of regulation which we obviously have to admit is going to be a lot of help.

Most people are just too lazy to do research and I feel that is where a lot of investors, especially newbies always end up missing it. They just feel anything goes and end up investing.

[drachman]

This is why many are also taking advantage of the telegram groups by displaying themselves and disguising as the admin's, there's no way to stop this but to give public awareness.

There are also scammers on twitter.

Just like by visiting those announcements from the developers, there are these like giveaways that are being held through that.

When there is some instructions that dictates to send you xx amount of eth or bitcoin to an address, that's an obvious scam.

There are many scammers like that and they are everywhere so the only thing we can do to protect ourselves is to not be so dumb, scammers are very smart somehow they are able to get the list of everyone that invested in an ico and then they send them malicious emails trying to get their private keys and unfortunately many people fall for it, so people need to familiarize themselves with the current scams so they can avoid it.

Out of their laziness their natural intelligence is coming out in everything that becomes popular, they are creating a way to scam people.

And about those malicious emails, it's been in old days that there are so many email scams that are coming out.\

Now they have upgraded into cryptocurrency so as a protection, don't expose any information relevant to your identity because it can be used against you by these scammers.

It is true that the scammers are becoming more advanced but I think that they're still making use of the old formulas and if people are not able to protect themselves from those attacks then how are they going to protect themselves for the new attacks of the scammers and the hackers, also it is a good idea to try to not open any links that are sent to you through social media because most of the time that includes some kind of virus that can compromise your information.

[EdenHazard]

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.

This is important to the cryptocurrency enthusiast, good information and help everyone to start investing in ICO. It's not easy to find a reliable ICO and the average person doesn't know how. But this thread is very helpful, and can be a source of how to find a good ICO and not a scam.

ICO is a place that can make a person become a millionaire, how don't we buy a very cheap coin but if ICO works and many investors join then the price will be high. Suppose you buy 1000 coins of ICO / Token for $100 a few years later because the developers of ICO are trying hard to improve their products so that the price becomes $10 or even more then be preconcerted you will become a millionaire

[radjie]

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.

learning more deeply and understanding the future goals of white paper on projects is an important step to take before making a decision to invest in the ICO we will choose.
do not be too confident if someone in the telegram group offers an advantage by asking to send some amount of ethereum, because there are already many irresponsible people taking the chance by abusing the username of someone involved with the project team that is on the ICO.

[Tenderino]

You should change thread title to Keep these things in mind when you are into ICO world. I was expecting general statements and advices in connection to the crypto world, but once opened your thread realized it is only in relation to ICOs. However, there are surely many unaware investors looking for a quick money and that is why they are falling into traps of shady ICOs. It is finally their greed, but as an investor you should definitely spend some time to do your research first.

[mersal]

You should change thread title to Keep these things in mind when you are into ICO world. I was expecting general statements and advices in connection to the crypto world, but once opened your thread realized it is only in relation to ICOs. However, there are surely many unaware investors looking for a quick money and that is why they are falling into traps of shady ICOs. It is finally their greed, but as an investor you should definitely spend some time to do your research first.

Yes to live in standard stage we need to follow many regulation if we don't follow that we need to facr some more problems in making good income so my opinion is more than experience the stability is very important in this field.

[Kiweikoo]

Very informative. Those things will surely help our fellow newbie members because that's what I execute in this market that are full of compromise and scams. I know that those will work because I have never experienced hacks.

We don't know when we are going to face the hacks but we should be very careful when dealing with crypto currency because there are many people wants free coin but they need to be sure check it twice before clicking any link send to you from the unknown users.

At time when you are into the crypto world and that you have invested some good amount of money into it, then you need to handle the situation very much carefully and you need to take the things in a serious manner. If you will just keep relaxing without giving enough of the time in knowing what all is going on in the market, you might end up losing of your money and that you will be left with regret only.

[orions.belt19]

This is why many are also taking advantage of the telegram groups by displaying themselves and disguising as the admin's, there's no way to stop this but to give public awareness.

There are also scammers on twitter.

Just like by visiting those announcements from the developers, there are these like giveaways that are being held through that.

When there is some instructions that dictates to send you xx amount of eth or bitcoin to an address, that's an obvious scam.

There are many scammers like that and they are everywhere so the only thing we can do to protect ourselves is to not be so dumb, scammers are very smart somehow they are able to get the list of everyone that invested in an ico and then they send them malicious emails trying to get their private keys and unfortunately many people fall for it, so people need to familiarize themselves with the current scams so they can avoid it.

This is probably why the social media platforms have now chosen to ban ICO ads. Since there are many which are scams, their users may get victimized of these scams and their reputations will be at risk. These advertisements may help facilitate the scammers reach a bigger audience through social media. Awareness on how to avoid these scams should be spread so that the users may know what to look out for. There are red flags which help us tell whether an ICO is likely to be a scam.

[Hamphser]

This is why many are also taking advantage of the telegram groups by displaying themselves and disguising as the admin's, there's no way to stop this but to give public awareness.

There are also scammers on twitter.

Just like by visiting those announcements from the developers, there are these like giveaways that are being held through that.

When there is some instructions that dictates to send you xx amount of eth or bitcoin to an address, that's an obvious scam.

There are many scammers like that and they are everywhere so the only thing we can do to protect ourselves is to not be so dumb, scammers are very smart somehow they are able to get the list of everyone that invested in an ico and then they send them malicious emails trying to get their private keys and unfortunately many people fall for it, so people need to familiarize themselves with the current scams so they can avoid it.

This is probably why the social media platforms have now chosen to ban ICO ads. Since there are many which are scams, their users may get victimized of these scams and their reputations will be at risk. These advertisements may help facilitate the scammers reach a bigger audience through social media. Awareness on how to avoid these scams should be spread so that the users may know what to look out for. There are red flags which help us tell whether an ICO is likely to be a scam.

This is why im completely agree with that banning situation happening on social media platforms since it would really able to minimize the risk on getting scammed due to those projects who do make active advertisement to those platforms and if you are newbie investor then most likely you would really end up on losing money and for sure you will rage at on the site that do advertise it and this is what they think on, it might cost them reduced revenue but in the end they will really mind their own reputation.

[Macricjack]

I think that the most important thing when entering an ICO is to know its developers and how many and in which projects they have been involved.

[Ashwell John]

Those are really good tips especially for the newbie like me. I don't have much experience in ICO project. But I can easily understand the good and bad one. Recently I invested some money on SciDex. Though this ICO project is new but there has a great chance of earning some good cash. Behind the SciDex there a professional team who is working behind. Always supportive and give your instant feedback.

[logicgate]

This is why many are also taking advantage of the telegram groups by displaying themselves and disguising as the admin's, there's no way to stop this but to give public awareness.

There are also scammers on twitter.

Just like by visiting those announcements from the developers, there are these like giveaways that are being held through that.

When there is some instructions that dictates to send you xx amount of eth or bitcoin to an address, that's an obvious scam.

There are many scammers like that and they are everywhere so the only thing we can do to protect ourselves is to not be so dumb, scammers are very smart somehow they are able to get the list of everyone that invested in an ico and then they send them malicious emails trying to get their private keys and unfortunately many people fall for it, so people need to familiarize themselves with the current scams so they can avoid it.

This is probably why the social media platforms have now chosen to ban ICO ads. Since there are many which are scams, their users may get victimized of these scams and their reputations will be at risk. These advertisements may help facilitate the scammers reach a bigger audience through social media. Awareness on how to avoid these scams should be spread so that the users may know what to look out for. There are red flags which help us tell whether an ICO is likely to be a scam.

In the world of the crypto currency, scammers are one of the biggest threat to all those who have invested their money into it because scammers keep on trying different techniques to target people and then snatch their money and the crypto coins from them. You need to be very aware of all such kind of people and that you need to be sure that you are dealing at the right place and you have not fall victim of any such thing.

[tailwate07]

This is why many are also taking advantage of the telegram groups by displaying themselves and disguising as the admin's, there's no way to stop this but to give public awareness.

There are also scammers on twitter.

Just like by visiting those announcements from the developers, there are these like giveaways that are being held through that.

When there is some instructions that dictates to send you xx amount of eth or bitcoin to an address, that's an obvious scam.

There are many scammers like that and they are everywhere so the only thing we can do to protect ourselves is to not be so dumb, scammers are very smart somehow they are able to get the list of everyone that invested in an ico and then they send them malicious emails trying to get their private keys and unfortunately many people fall for it, so people need to familiarize themselves with the current scams so they can avoid it.

Out of their laziness their natural intelligence is coming out in everything that becomes popular, they are creating a way to scam people.

And about those malicious emails, it's been in old days that there are so many email scams that are coming out.\

Now they have upgraded into cryptocurrency so as a protection, don't expose any information relevant to your identity because it can be used against you by these scammers.

It is true that the scammers are becoming more advanced but I think that they're still making use of the old formulas and if people are not able to protect themselves from those attacks then how are they going to protect themselves for the new attacks of the scammers and the hackers, also it is a good idea to try to not open any links that are sent to you through social media because most of the time that includes some kind of virus that can compromise your information.

There is a lot of risk involved when you deal with any of the thing which involves an internet and that the probability of the risk increases even higher at times when money is involved. There are so many things which you need to take care of when you are there in the world of the crypto currencies which includes having a good background knowledge, keeping yourself up-to-date, staying aware of the scammers and above all, keeping yourself cool and calm.

[wxa7115]

Very informative. Those things will surely help our fellow newbie members because that's what I execute in this market that are full of compromise and scams. I know that those will work because I have never experienced hacks.

It will! It is just quite unfortunate though that as much as you keep saying all of these, some people will still not listen or read, and would still keep falling for it over and over again, which is what had led to the idea of regulation which we obviously have to admit is going to be a lot of help.

Most people are just too lazy to do research and I feel that is where a lot of investors, especially newbies always end up missing it. They just feel anything goes and end up investing.

This is the main problem, many people are not ready to become investors they think that the only thing they need is money to invest, and that is simply not the case they need a lot more they need to be willing to spend time investigating each coin and the developers because if they don't it is almost a guarantee that they are going to lose some money and are not going to get any profits.

[GoldenLad]

It may all sound so easy as it is being listed. But the bitter truth is that almost all ICOs are full of shit.  And it seems so hard to decode the good from the bad ones because fraudster developers are now working their ass off and setting up ICOs that has the features of the good ones. So even if you check and read their white papers,  check out the LinkedIn profiles of the developers,  it's so hard to tell.

[acheampong64]

That was a very nice education and alert you have given. We all have a lot to still learn here on crypto. People are scammed on countless occasions so we all have to be vigilant

[drachman]

This is why many are also taking advantage of the telegram groups by displaying themselves and disguising as the admin's, there's no way to stop this but to give public awareness.

There are also scammers on twitter.

Just like by visiting those announcements from the developers, there are these like giveaways that are being held through that.

When there is some instructions that dictates to send you xx amount of eth or bitcoin to an address, that's an obvious scam.

There are many scammers like that and they are everywhere so the only thing we can do to protect ourselves is to not be so dumb, scammers are very smart somehow they are able to get the list of everyone that invested in an ico and then they send them malicious emails trying to get their private keys and unfortunately many people fall for it, so people need to familiarize themselves with the current scams so they can avoid it.

Out of their laziness their natural intelligence is coming out in everything that becomes popular, they are creating a way to scam people.

And about those malicious emails, it's been in old days that there are so many email scams that are coming out.\

Now they have upgraded into cryptocurrency so as a protection, don't expose any information relevant to your identity because it can be used against you by these scammers.

It is true that the scammers are becoming more advanced but I think that they're still making use of the old formulas and if people are not able to protect themselves from those attacks then how are they going to protect themselves for the new attacks of the scammers and the hackers, also it is a good idea to try to not open any links that are sent to you through social media because most of the time that includes some kind of virus that can compromise your information.

There is a lot of risk involved when you deal with any of the thing which involves an internet and that the probability of the risk increases even higher at times when money is involved. There are so many things which you need to take care of when you are there in the world of the crypto currencies which includes having a good background knowledge, keeping yourself up-to-date, staying aware of the scammers and above all, keeping yourself cool and calm.

The risks have always been there the biggest problem with cryptocurrencies is that once you send your coins to another address you cannot get them back this is a great feature of bitcoin and other cryptocurrencies and it's one that I like but it's also a feature that scammers are using, so once they get your coins you'll never get them back.

[Findingnemo]

This is why many are also taking advantage of the telegram groups by displaying themselves and disguising as the admin's, there's no way to stop this but to give public awareness.

There are also scammers on twitter.

Just like by visiting those announcements from the developers, there are these like giveaways that are being held through that.

When there is some instructions that dictates to send you xx amount of eth or bitcoin to an address, that's an obvious scam.

There are many scammers like that and they are everywhere so the only thing we can do to protect ourselves is to not be so dumb, scammers are very smart somehow they are able to get the list of everyone that invested in an ico and then they send them malicious emails trying to get their private keys and unfortunately many people fall for it, so people need to familiarize themselves with the current scams so they can avoid it.

Out of their laziness their natural intelligence is coming out in everything that becomes popular, they are creating a way to scam people.

And about those malicious emails, it's been in old days that there are so many email scams that are coming out.\

Now they have upgraded into cryptocurrency so as a protection, don't expose any information relevant to your identity because it can be used against you by these scammers.

It is true that the scammers are becoming more advanced but I think that they're still making use of the old formulas and if people are not able to protect themselves from those attacks then how are they going to protect themselves for the new attacks of the scammers and the hackers, also it is a good idea to try to not open any links that are sent to you through social media because most of the time that includes some kind of virus that can compromise your information.

There is a lot of risk involved when you deal with any of the thing which involves an internet and that the probability of the risk increases even higher at times when money is involved. There are so many things which you need to take care of when you are there in the world of the crypto currencies which includes having a good background knowledge, keeping yourself up-to-date, staying aware of the scammers and above all, keeping yourself cool and calm.

The risks have always been there the biggest problem with cryptocurrencies is that once you send your coins to another address you cannot get them back this is a great feature of bitcoin and other cryptocurrencies and it's one that I like but it's also a feature that scammers are using, so once they get your coins you'll never get them back.

Yes following some instructions or some regulations will helpful you to get some profits so you can make it simple and do it simple and make it simple money is not our life but life needs some money that’s all.