How can we protect ourselves from scam?

[Alijiindahaus]

I think that we should be very careful when we are planning to invest. It seems to me that a strong analysis of several projects is the most reliable way to circumvent fraudulent projects.

in any case, you will not be 100% sure, even if you do not pay attention to the ratings of other resources, And take up the work and analysis personally.

[Asantewaa2000]

Its all dependent on us, it seems most of those who get scam are most at times ignorant of what they are going into and I always blame them since they gave themselves up to be scammed. Most people don't do any effective research into what they are entering into only to  realized they've been cheated.

[mbluxs]

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?

whose name is impostor must have been a smart brain, because he was able to do tricks in various ways and in my opinion it is difficult for us to trace the impostor's footsteps, sometimes they cheat without leaving a trace,

[christofyler]

Fraud is not what you can easily fight or deal with..... Scam project are everywhere sometimes the developers who good intension but after raising fund they may decide to run away with investors money. The best way to deal with scam project is by training ourselves not be be victim.

[natka]

Fraud is not what you can easily fight or deal with..... Scam project are everywhere sometimes the developers who good intension but after raising fund they may decide to run away with investors money. The best way to deal with scam project is by training ourselves not be be victim.

The fact is that the project may be a little successful or the team is unprofessional, but the project is not fraudulent. There is a lot of situations, but no one can guarantee success with 100% accuracy.

[KofiAdepa]

The answer is just simple, just learn and think smart. Doing proper research on each and every project you try to join might be the only way out since we normally use to say knowledge is power.

[badungs]

All you need to do is learn all the information about cryptocurrency, understand everything, if you still don't understand, please discuss with people who understand it or can discuss in this forum, after that if you really understand cryptocurrency, you can become a smart investor by utilizing what You learned before, I think it's just the best way to avoid a scam in the crypto world

[avonka]

By making our own research on the projects we can reduce the risk to be scammed  but there is no full protection against it. Regulations are highly needed on ICO market to sort out scammers.

[wewe123]

The best think you can do to get out from this scammers is a long research of informations from different sources about this team or people promoting this bounty ICOs , but actually even if the managers are notable  good managers  but still the ICO can turn out to be a scam ,so are going in a lucky pick for this different bounty ICOs so just be lucky enough to pick this bounty ICOs.

[KingOfWinterfell01]

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, one should be prepared and knowledgeable about the on going scams around the cryptocurrency world. There are tons of ways ICOs or developers would scam their people but in order for you to escape or prevent lapses like these, preventively know what is going on.

[hakertajniak]

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 important to protect ourself from scam in cryptocurrency world because it is an anonymous world.
Maybe we can start by learning how to choosing a secure wallet to store our coins. Later we can learn about how to invest on a real project.
How to do our due diligence before investing, so we can avoid scam projects.

[rocketbits]

Only by ourselves, we should check all information and all projects very precisely, in todays conditions that's the only way to protect yourself.

I never invest my money in that project which I don’t know and whose credibility is suspicious. Some people announce fake projects and their aim is to collect huge funding from all over the world and when they realize that now it’s time to quit, you will never see them again. Always invest your money in good and reliable coins. Bitcoin is the best option for your investment.

[grifinmch]

avoid fraud necessarily by way of studying the fraud itself. When the come across a scam, of course, better and thorough analysis of these things what make this scam. of it will certainly be able to understand about the scam that is pretty much all there is, in fact, a crypto and certainly, almost all never encounter it. scams like this in crypto indeed could not have been prevented his appearance. but when it already appears at least to be avoided.

[SinarG]

I think you don’t need to invest in young projects that immediately want a lot of money from you. The point is to buy cheap and sell high.

[veekky]

In order to protect ourselves from scam activities, we should definitely make full analysis before taking investment decision and more experience we have, more proper decisions we take

[Ranly123]

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's very hard to correct scams and fraudulents but it could be avoided through ourselves. Being careful on what to invest and being able to research if the project is a scam or not is what we need to avoid those things. Just be careful when choosing on where you want to put your money and choose those with ready world usage tokens.

[March_Pro]

I think there are many good projects like Docademic, Rebel ... but maybe this time the Crypto market is very difficult so many scam projects. It is difficult to find such good projects, hoping the market will prosper we will make a lot of money.

[popkiko]

I suggest be wise, always ask for help and search for more details to prevent in scam project sometimes you need to join to their community for details and how the project works.

[mainthread]

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 situation is that even good projects often cannot complete a job. The reasons may be many. I pay attention only to those projects that already have a product. Perhaps they will not give a good profit, but in this way I will reduce my risks of losing a deposit.

[DISPERADO]

It is very difficult to distinguish a scam project. Now scammers have become smarter. I think that the regulation of ICO projects by the governments will partially solve this issue.