How can we protect ourselves from scam?

[elenka n]

Whenever there is a new earning opportunity, there is also a new opportunity for fraud!

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[Vills21]

We have to make sure that the project is good or scam project by reading and making the search of the some project.
There are so many projects in this cryptoworld we have choose the correct one's. and should make our transaction with the believable exchanges.

[iMark]

absolutely you can not get rid of scam in ICO becuase of it not regulated like the IPO.However reading whitepaper might give you some confidence or not in any ICO. I have review and read so many project whitepaper and believe me section such as legal agreement speak alot of thing about credibility of an ICO

Sometimes that does not guarantee that you will avoid scams, even when you are very confident that ico will be successful launching with everything that supports from whitepapers, clear roadmaps, big promotions and so on, maybe they still could become scams? the point is this risk will still exist even though you do analysis and research though. so if you can't accept this risk then it's better not to try to invest in ico

[Sevarchik]

First of all need to be attentive.
Look the way how you hear about opportunity, look from who you find this opportunity.
No more free moneys there.

[rachman mahesa]

To protect yourself from fraud, what you can do is always be careful of what you do. If we are careless in investing without analysis, we might be trapped and make us fail, resulting in losses or fraud. Therefore this investment is very important, and do not invest in projects that are not clear, for example.

[Dimm_bounty13]

First of all need to be attentive.
Look the way how you hear about opportunity, look from who you find this opportunity.
No more free moneys there.

Absolutely useless advice, it's like: don't breath if you don't want to catch a virus. People are absent-minded not because they want to but because they can't control this. If you wanna help, advise sth concrete!

[Hans Groober]

absolutely you can not get rid of scam in ICO becuase of it not regulated like the IPO.However reading whitepaper might give you some confidence or not in any ICO. I have review and read so many project whitepaper and believe me section such as legal agreement speak alot of thing about credibility of an ICO

I think if we could implement the same laws and regulations as in the IPO and for ICO, it could significantly reduce the number of fraudsters in the cryptocurrency market.

[jaywizzy]

You can protect your yourself from scam by not displaying your private key to anybody and you should also mind the Link to click on.

[cryptolidus]

There is no 100 % protection against scam projects as they are sophisticated nowadays and in many
cases they turn out to be a scam in later stages of the project. But, if we do our research we can reduce
the chances to fall into their trap by paying attention on the red flags.

[den11111]

It is difficult to avoid fraud, one thing to recognize is that most fraudsters are very good. What we can do is research and always be careful about our decisions.

[smyslov]

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?

You need tools and applications to trace who of these ICO's are using fake profile check the scam section of this forum, you will find some of this on that section besides scam project, check the name of your ICO if it is on the list the guys have done great works for all of us.

[oppo070]

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?

It is our personal intuition and knowledge that will keep us from Scam projects. Sadly to say, even scam projects are good in marketing using graphic and motion designs to attract investors and bounty hunters.

[FIREBALL24]

You can't really put an end to fraud. Now a cheater can wrap a project into a real project. All kinds of information are true. But you can't recognize it. For now, you need to evaluate and study a project yourself. Find the association from the specific details of the project. Then decide whether the project is true and reliable.

Yes we cannot stop those frauds, all we do is ourself that we must be carefull and select the best reliable project and legit if you think its a right one.,in crypto society or in outside crypto frauds are always there,so we must be vigilant and carefull in all our decisions.

[Mianae]

The only way is going through a projects official site to get necessary information we need especially during ICOs. Secondly staying away from telegram PMs and studying a project before we invest in it. The most important way is curbing greed as greed leads u to be easily enticed and vulnerable to scam.

[Twinscoin2017]

We all know that scammers are now really scattering specially on crypto feild. There are so many scammers that wanted to get our hard earned money and I believe that the only way to avoid or protect our self from scammer is to have some more learning on crypto or about crypto for good. Scammers are really smart if they smell that we are new investors in crypto they will find a way to get our profit.

[zxl912157]

If you want to be free of fraud, you should also stay away from the world of cryptocurrency!
in the trade in gold or coal there were many mafias and frauds, so with cryptocurrency.

The conclusion is that all the places where you work to make money must be careful!

[babsjoe]

Fir now, individual due diligence and checklist is the only protection there is, I think there will coordinated effort by cryptocurrency community to find lasting silution to reoccurence of scam project, and until then, individual just need to be careful on where they invest there fund!

[libert19]

One sentence that will help you in real and online world. If it seems too good to be true then it probably is.

[guffie]

This year's fraud increased and they made the situation at Crypto warm. Many people experience losses and their time is wasted. And to avoid fraud, of course, you have to check and add a lot of knowledge about crypto. But I am grateful for never experiencing it.

[boller]

Learn about fraud is the way that can be used to avoid the fraud that occurred in crypto. This is important as capital because crypto is full of scam and if it can not be in avoiding this then the profit will be far from expectations. many deepening and crypto knowledge will be a good thing to do.