How can we protect ourselves from scam?

[ginobitcoiner]

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 way we protect ourselves and protect all aspects related to the project.
white paper, team, product advisors, partners, etc. so that it will minimize you and investors from fraud

[1715620079]

1715620079

[1715620079]

1715620079

[Enzo05]

One way to check is their profiles. If they are really dedicated to their project or they are capable of doing a success project. You have to also double check if there's already a bad reputation on the project like other users who were already scammed by them.

[leow]

The cryptocurrency market is still quite young and not formed. After it began to pour a lot of money, there were a lot of scams that are trying different ways to steal the money. I think it will take some time to appear on the market serious methods of dealing with such scams and there is a good protection for their assets. Many new projects have also turned their attention to the fight against fraudulent projects. One of them is the W12 project. The bottom line is that the funds collected on the ico will be frozen, and will be unfrozen to the team as they fulfill the promised road map.

[coinic]

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 knowledge about the ICOs and real features of blockchain you have, the bigger the chance for you to avoid scams. However, sometimes scammers are extremely unexpected.

Yes, it's your perception and analyzation for the ICO's where to involve for making sure avoiding scams, you're correct that to look there features and platform wether it's legit. What's in your heart just goes on.

[jamids]

One way to check is their profiles. If they are really dedicated to their project or they are capable of doing a success project. You have to also double check if there's already a bad reputation on the project like other users who were already scammed by them.

It is important that you check the team first who are doing the project because from there, you can assess if they have experience and they are capable of implementing the project. You should as well if the names match with the faces that were shown and if the team decides to be anonymous then it is already a red flag. Usually, I would prefer those team members that have a LinkedIn account because it would seem reliable than just showing their faces without any links.

[Belibis]

There is no tool and there will not be such a tool that would guarantee you a 100% result that would protect you from the scam of projects, this can not be done at all, for this there are many reasons that are present in the market today.

[ambcoin]

Its really difficult to avoid scam ICO unless you do a very thorough research which is taking a lot of your time.  That's why you must only invest the amount that you are willing to lose so you will not regret later.  Or alternatively be a bounty hunter where you don't need to invest but doing social works to promote ICOs/Projects.

[fuer44]

be carefuly while enter the site, because at this time it is quite dangerous crypto phishing site. after that, read the whitepaper, road map and study the development team that worked on the project.

[Mr.HULK]

I Think we cant stop them but what we can do was to be more careful on our action and for every details that we are submitting. Because we dont know we are going to be scam and hopefully not because it may cause a big loss for us. Double careful only was the key to protect ourselves from it.

[llecrf]

I learned from mistakes, when I participated in ICO and invested in new coins, I always saw members of the ddan Whitepaper team from the ico project, it was very difficult to avoid scams because they were getting smarter. We can do some questions and do research with friends. .

[koralan]

In my opinion, how to protect yourself from the scams is that you need to learn the knowledge, accumulate experience to have knowledge of Crypto, you need to monitor and analyze the market, analyze the project a Carefully, you need to consult the surrounding reaction before making the decision...

[just_strange32]

Phishing in the cryptographic market is increasingly common. Only you can protect yourself from scams. The best thing is that you must have good knowledge and experience in cryptography. You need to constantly monitor and study the money, study the market, you know the reference around ... And always have to calm down, put the wisdom up before deciding on a problem related to crypto.

[Sheghy]

We need a insurance company that will give us insurance for scam. That was a joke, but one time I got scammed by some project called Benebit. They took money from private sale group and closed their office, the money wehe recovered in two weeks.

[coinmaster241]

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 best way to protect from a scam is to learn, understand each project concerned with a scam, then we will know the characteristics of a scam project and can avoid it from the start. now it is very difficult to identify which projects are scam and not, they are almost as complete but only differ in the promise of success

[zgrdyg]

Do your own comprehensive research about the projects,search for developers or executives in the linkedin, choose the bounty campaigns that are managed by respective bounty managers(amazix, sandra evans etc.) in this way you can protect yourself a little bit more.

[houjinglong]

Abandoning ICO's investment can avoid the 99% risk. The current ICO is not last year. Many ICO investors' funds have disappeared directly. No one knows where the money is going. This is terrible. A good project ICO is very difficult to find.

[kicauklaten]

the most powerful way is the analysis in crypto. It is the best way to do in order to create comfort and security in their investments. When not to be in analyzing then at least do deepening will be crypto. by this time the encounter suspicious thing then could immediately investigate whether it is an indication of a scam or not.

[Simayi]

Increase your knowledge, study hard and take investment or bounty activities seriously to reduce the chance of being cheated! I think participating in the discussion will also be of great help to us!

[Patrix_1]

Keep our private information safe, never visit fishing websites and be aware of scammers on Telegram. Always check the project very carefully, before putting your money in it. If you follow these steps, you will reduce the chances of getting scammed.

[Svelto]

To protect ourselves from scam, it is important to be careful. Whenever there is a “to good to be true” deal, always think twice. Apart from this, wallet security is very important. Never ever give your private key to anyone or reveal to any website.