How can we protect ourselves from scam?

[pinoy.bolanon]

The crypto world is so vast and they are interest from all continents of the world. Some investors / projects came with good intentions to make the world a better place while some to defraud investors and projects founder. Can we have a better way correct scam and lapses?

The only thing we can do in order to protect ourselves from possible scam is to be aware, and take a careful look before investing to anything. Awareness is a key in every thing. Do you own research and consult other people so that you can get ideas from them.

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[fortunecrypto]

The crypto world is so vast and they are interest from all continents of the world. Some investors / projects came with good intentions to make the world a better place while some to defraud investors and projects founder. Can we have a better way correct scam and lapses?

Yes we can if we just care to look on scam sections from time to time your chances to find scam ICO will be great there are also some tools and applications that you can use to trace those scam ICO  do check the scam sections for a list of those tools and applications and of course list of scam ICO.

[Lady Coquet]

The crypto world is so vast and they are interest from all continents of the world. Some investors / projects came with good intentions to make the world a better place while some to defraud investors and projects founder. Can we have a better way correct scam and lapses?

I think to protect ourselves from scam is to be smart or having knowledge in cryptocurrency for us not to get easily be trick, so better check everything before you take the risk. It is hard to predict if you will gonna invest in a scam project or not, that is why it will be nobody's fault if you will be ever be scammed.

[yrrehc16]

Never join any ICO, you must first know the fundamentals of cryptocurrency.
The market and how project establishes in this community.
Crypto is a very dangerous place for newcomers who don't want to study real life here.
You need to have the knowledge first before attempting to invest.
I suggest starting as a bounty hunter while you are learning from this.

[ije07]

indeed there are some people who intentionally use crypto to make money fraudulently and that really makes crypto tarnished but still not all do the same because there are still some people who are honest and really profit for the long term not just cheating then leave because they are satisfied with the benefits they get, so let's look for a good project like that and support them then let the project scam into neglected garbage

[Barinerro]

Well of course you need to always look at the person and scan it well to protect the purse you should definitely look at phishing is the most common situation when they steal

[JeromeL]

Stopping scammers is hard because we dont know who they are. We as a crypto user  what should we do is to be careful in choosing a good project, dont let those scammers take advantage us.  

Scammers are not so difficult to determine. If you see a project where there are strange photos and developers, or there are none at all. It is necessary to pay attention to whether developers participate in public events.

[mightwalker]

Try to read and learn about scam cases in ICOs from others. I think you will have more knowledge from them

[Sarastiche]

In order to protect yourselves from scam, do not be in a hurry  to invest or be part of an ICO  community, ensure you research about the project, observe the team involve and check out on there present and past track record, confirm the name on the website correlate with the name offline.

[Lwtelencio]

The crypto world is so vast and they are interest from all continents of the world. Some investors / projects came with good intentions to make the world a better place while some to defraud investors and projects founder. Can we have a better way correct scam and lapses?

One thing I could say, Be vigilant, be careful of what is the content of that what you are investing. I think  it is easy to say but very difficult to be done especially when it is time to analyze the project whether it is legit or not. There are many people out there who will anything so that they can scam from you. avoid suspicious ICO's and Trading platforms

[Junixi]

The crypto world is so vast and they are interest from all continents of the world. Some investors / projects came with good intentions to make the world a better place while some to defraud investors and projects founder. Can we have a better way correct scam and lapses?

in my opinion you all cn do mlot of things to prot3ct ypurself for exmple you can learn a lot about the same situations of scams

[Junixi]

The crypto world is so vast and they are interest from all continents of the world. Some investors / projects came with good intentions to make the world a better place while some to defraud investors and projects founder. Can we have a better way correct scam and lapses?

One thing I could say, Be vigilant, be careful of what is the content of that what you are investing. I think  it is easy to say but very difficult to be done especially when it is time to analyze the project whether it is legit or not. There are many people out there who will anything so that they can scam from you. avoid suspicious ICO's and Trading platforms

we cam pay attention to small things like website or soem other important trifles like little differret in prices for example

[Sondale]

The crypto world is so vast and they are interest from all continents of the world. Some investors / projects came with good intentions to make the world a better place while some to defraud investors and projects founder. Can we have a better way correct scam and lapses?

usualyg peopel do not pay attention to some key factors ajd they miss slightly different prices or strange sites

[Sondale]

To assess any ICO project, you need to focus on its components.
I will not describe everything in detail, but only point out what to pay attention to. Most likely you knew a lot of this...

Website

Badly made or template site. Most thieves are too lazy or stingy, so this is the first, on what they save

Fake information about team members

If you cannot find members of the ICO team on social networks, dont find confirmation that they really participated and so on, then most likely the project is scam

White Paper

The alarming signs are the presence of plagiarism and unrealistic promises, the absence of a detailed plan explaining exactly how this project will achieve the set tasks

Unclear goals

Each project has its own goals. And they must be realistic, concrete and achievable in the foreseeable future

Repository

If ICO claims to use open source code, then check the repository to store the code for this project. The code should be updated periodically.

Information about the legal entity

Behind every ICO is a real company. Almost every country has a public registry, in which you can make sure that the company is actually registered there.

Thank you for giving the detailed instructions, I think the present is more careful when joining the ICO. You should carefully select exchange to trade, as there are now too many exchanges that can have multiple exchange will be deleted at any time.

i thonk taht we will hever ever be able to protect ourselves fully but we have to try and we need to follow scammers strategies

[Fredrosam]

The crypto world is so vast and they are interest from all continents of the world. Some investors / projects came with good intentions to make the world a better place while some to defraud investors and projects founder. Can we have a better way correct scam and lapses?

tjere is no formupa taht can protect ypu from scammers on one hundred per cenrt so justhe careful ajd check every thing you need to

[ElnurBash]

The crypto world is so vast and they are interest from all continents of the world. Some investors / projects came with good intentions to make the world a better place while some to defraud investors and projects founder. Can we have a better way correct scam and lapses?

we need to know thatbthere re amany strategies of scamming and we heed to know the differencies andkey factors about each of them

[matchi2011]

The crypto world is so vast and they are interest from all continents of the world. Some investors / projects came with good intentions to make the world a better place while some to defraud investors and projects founder. Can we have a better way correct scam and lapses?

usualyg peopel do not pay attention to some key factors ajd they miss slightly different prices or strange sites

it is very importamt to read whitepapers and many peopel just skip this step withput knowing taht it is so dangerous for their money

Reading and understanding road plans is very important in order to understand how things will work about this project, we need to take time investing to learned more before placing our hard earned money, skipping this process only place you in a risky position as you are just like taking a gambling not knowing what the project will bring you after.

[Aldrinx00]

The only way to protect investors from scam ICO'S is a government regulation this way we can prevent people to exit their so called project when they wanted. Also their is a more secure way of investing and one is a security token because those type of project are subject to federal laws that govern securities, failure to comply with these regulations could result in severe consequences including penalties and potential derailment of the development of a project.

[KK.cimut]

we can not protect ourselves completely from scam, because we do not know which scam is. most importantly we have to be careful and not choose something if we are not sure. and also do not spend your money on one invetment.

[kolitski]

Scammers now it is hard to detect or to find out because their project is also like a real one but only i can say to protect ourselves from the scammers are to double check it first the team who behind this project and their documents are true.