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Author Topic: How can we protect ourselves from scam?  (Read 5439 times)
Twkasun52
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October 05, 2018, 03:53:43 PM
 #461

This is really hard thing to do.nobody can tell it 100% sure.Even promising,hyped project can be a scam anytime.Better to find out their partnerships with existing successful project ,most probably they will not be scam.

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October 05, 2018, 04:19:07 PM
 #462

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?

Of course there are ways to protect ourselves. But it all have to start with ourselves, every player in the cryptocurrency market should be well experience because experience will go a long way to protect you as an individual. I remember receiving a twitter message of MTH airdrop including a contract address for buying the token, but the token sales of MTH occurred sometime last year. As experience person in this field I was able to discover this fraud and avoided it.
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October 05, 2018, 05:18:13 PM
 #463

crypto is a global digital currency for investing easily and safely. some people use it to cheat by building projects to collaborate with investors to develop products to promote. to avoid fraud we must have a clear insight about crypto by looking at the ecosystem and its prospects. be careful and analyze before choosing.
The Scorpion
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October 06, 2018, 06:50:21 AM
 #464

It has become increasingly challenging to set apart genuine projects from a fraudulent ICO. This is why investors are advised to keenly observe potential projects and diligently follow some simple rules that pertain to financial security.
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October 06, 2018, 07:05:42 AM
 #465

It is prudent to begin by analyzing the white paper as it is undoubtedly the most vital document of an ICO as well as the product presentation that the authors suggest. Carefully analyze the facts and if a project’s geography is some distance away from where you are then it is not advisable to make such an investment.
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October 06, 2018, 07:05:49 AM
 #466

Everyone is not really safe when a selfish person are hacking something that why the best thing to do is to be careful of what we are giving personal things online or who are asking to us online. That's the only best way that I know how we can protect our investments to those people.

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blingow
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October 08, 2018, 09:02:35 PM
 #467

Well, there are only a few things we can do for ourselves since the scams and frauds have taken over our streets, and seem to be ruling. I think that it would be to our best interest to be very picky with our investments. Make sure you are really satisfied with your analysis before before investing in a project, and be careful with the amount you choose to put in it too. Never invest what you can't afford to lose.
NetFreak199
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October 09, 2018, 07:59:53 AM
 #468

Be more vigilant and do not trust everyone. These people have schemes so commonplace, I don't know how you get caught.
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October 12, 2018, 12:30:23 PM
 #469

Do not shout at every corner that you are fond of cryptocurrency and bought it in various volumes. Be more vigilant when dealing with strangers.
sniper2018
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October 12, 2018, 12:34:36 PM
 #470

What we need to do inorder to avoid or protect from scam is to be very vigilant in every action that we were going to take here in crypto world. Never visit or put your personal and valuable informations in a phishing sites because most of the scammers are doing this kind of ways.
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October 12, 2018, 12:47:20 PM
 #471

Protection against scam directly depends on the ability to analyze and choose a project, only you are responsible for participating in scam and you can only blame yourself. You have all the tools you need to determine whether fraudsters use them or not.
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October 12, 2018, 01:03:22 PM
 #472

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
Making the proper decisions could give you an option to avoid the scams that could make you lose the money that you earned. Do your own research before you make the investment.

deeplilac
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October 12, 2018, 01:11:01 PM
 #473

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 crypto market is still very young. And it still has a lot of fraud. At the moment, we are already seeing good projects that are likely to develop. Invest in new coins desire is gone. But everyone must make their own decisions.
temilade200
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October 12, 2018, 01:54:48 PM
 #474

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 more we fall for scam, the more scammers are triggered to do their wicked acts.
We need to get to a stage, most especially those of us that have been in the crypto space for quite some time now, where we would be able to easily identify scam projects.
Do not always rush to invest into projects or coins, take your time to study it first. When you are sure of the authenticity of the project, you can then make the moves to invest.
No one can protect you from scam, you should protect yourself.
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October 12, 2018, 02:36:08 PM
 #475

that is depend what scam do you mean, in wide meaning - use cold wallets, dont go to unknown and not checked links
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October 12, 2018, 04:25:05 PM
 #476

scammer is very difficult to detect, because most ico scam projects will look the same as the original ones such as having whitepaper, roadmap, team profile, softcap and hardcap allocation planning, but what is very easy to detect is communication from the team, if they are not very active then suspicious

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October 12, 2018, 04:54:30 PM
 #477

There are so many examples of how to properly use it all the same, but I think that the worst thing is that today there are still no services that could check or do some kind of analysis that could give investors a chance for a guarantee.
Bim abk
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October 12, 2018, 05:01:33 PM
 #478

I have a personal way to avoid being fooled when I want to spend money in investing. the way I use is accuracy before investing in the funds I have by reading or looking for references from some people I know. therefore I personally recommend that you multiply your friends so that the information obtained is more updated and the possibility of being trapped in fraud will be even less
Yourodiviy
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October 12, 2018, 05:07:31 PM
 #479

You need to thoroughly study the projects in which you want to invest your money. To study the team, their experience, partnerships, the press about them. And of course, just study their white paper in detail.

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October 12, 2018, 05:09:37 PM
 #480

There are so many things you to follow before you invest in an ico project. And if you are more competent on the project then you can invest. First we need to have look at their website and see whether it is a proper one but some scam projects also have a good looking websites. Then you can get an idea about the development and advisory teams. Check whether these people had engaged in developing previous good icos. Then read their whitepaper which shows you about their aims and roadmap of the project.
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