How can we protect ourselves from scam?

[Cemploon]

To avoid fraud, you should not easily trust other people. I often get messages from e-mail or social media, that there is a message to invite investment. But I don't believe that because I also checked before joining the project.

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[Plecet Bank]

There are many ways to protect from fraud. Don't trust other people and do your own research. And invest in coins that are included in the list of the 20 best coins. If you want to invest outside the best coins, you should check it again.

[Sarisang]

protect yourself from scam it's not easy to do. a lot to be learned as have basic knowledge about crypto in order to avoid a scam. let alone see this field increasingly produces naturally the scammers will have numerous ways to cheat and this should be avoided.

[barabarian1]

I don't think we can avoid fraud because there is no tool that can detect this ICO scam or not. we just have to be more careful and careful in choosing ICO projects. but even though we have carefully researched the ICO project it also does not guarantee that the project we are following is not a scam. we have to be overlapping when the project we are following is a scam. and not despairing to try again even though now most projects are scams but I am sure there are still honest and successful ICO projects.

[quality.crypto]

Sometimes it is impossible to find the potential project because even though choosing the right with huge credibility but sometimes things will not work according to what they mentioned. Of course, to find the potential it is a very tough job but we have been careful about the scams until we get some knowledge about the technology.

[LDenis555]

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, we understand that no one can fully protect us from fraud, so we have to be very careful and cautious. But to improve this situation can be regulated by the authorities of the States, but this problem can not be solved completely. Scammers will always be in our society.

[Meizu]

only one thing is needed to avoid scams and not foolish. we need to be careful and to be examined in the project or ico. because if we just go into these things we will be able to work well in every step.

Well, in order to learn this you need to spend a very large amount of time and money. sometimes you even need to lose some money

Perhaps this is the right way to prevent and protect your money from scams. First you need to lose these funds, and then the person at the level of instincts begins to better and more thoroughly research projects and this market. But in General I think to keep 100% not be anyone else. Where there is a lot of money, there will always be a lot of scams.

[Meizu]

The only way to protect yourself from scams is to get away from this market and never invest your funds in any projects and coins. Only in this case we can protect ourselves from fraud. Other options in this market I think yet.

[cribusen]

Never to trust someone on Telegram because there are a lot of people that are trying to scam you. Also read the whitepapers and check the team members. As the last step I would investigate the product development status.

[jpnl0002]

Avoid clicking on every link you see and be careful with the kind of people you chat with on telegram and other social media platforms and also try not to give out your private key rather print them out on a paper that makes it a whole lot better

[gabmen]

only one thing is needed to avoid scams and not foolish. we need to be careful and to be examined in the project or ico. because if we just go into these things we will be able to work well in every step.

Well, in order to learn this you need to spend a very large amount of time and money. sometimes you even need to lose some money

Perhaps this is the right way to prevent and protect your money from scams. First you need to lose these funds, and then the person at the level of instincts begins to better and more thoroughly research projects and this market. But in General I think to keep 100% not be anyone else. Where there is a lot of money, there will always be a lot of scams.

Let experience teach you lol. At first it will be hard to ignore promises that are too good to be true from so called "developers" And there will be times you'll fall for it. But use reason and logic and you'll definitely minimize the chances of getting victimized.

[vallydelly]

I think one of the ways we can protect ourselves from scam is by learning and have knowledge about the space, if you understand the space, you are less likely to fall for scams

[KuyaBreezy]

I think it is definitely necessary to have a type of regulations to avoid so many scams, of course, that would not be the final solution, but the safest thing is that it helps a lot in the simplest scams at least, it is also important to educate investors and teach them to differentiate the different type of deceptions.

[rearwheels]

You need to learn, try to subscribe to Crypto Telegram Chats to get more information about projects, scams and so on. Anyway if you will join scam - it will be experience.

[escalante28]

Well it's really hard to detect scams ICO or projects this day because they are wrap nicely that in every details show perfectly. I as bounty hunter for a year, I encounter so many projects ended in scam even their teams are verified by the ICO review site like icobench.
I do believed that icobench do kyc through video call and gathering valid documents. Even there is legit check they can still ended in scam. The best way to prevent from being scam is to verified their team and make sure they are active in showing up in conferences and doing live streaming.

[dongosquad]

Well it's really hard to detect scams ICO or projects this day because they are wrap nicely that in every details show perfectly. I as bounty hunter for a year, I encounter so many projects ended in scam even their teams are verified by the ICO review site like icobench.
I do believed that icobench do kyc through video call and gathering valid documents. Even there is legit check they can still ended in scam. The best way to prevent from being scam is to verified their team and make sure they are active in showing up in conferences and doing live streaming.

That is, fraudsters are very clever at hiding their falsehood by falsifying the identities of others who are experts. So, if you are caught in a scam, don't be disappointed, just think of it as an experience. So, asking for opinions from more experienced friends will be very useful.

[Amakulax]

Make sure that you do not click any suspicious link and don’t put your private keys there do not involve scammers who offer to make you lot of money if just invest some cryptos into them

[chokomenia]

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.

I believe knowing more about the space and having more knowledge will keep any one safe from the fraud, because you will be able to know what's obtainable and what's not obtainable

[hidingyou]

Now-a-days it is very-very difficult to know that which project is scam or not. But if we take hard search about the project's concept or idea, analyzing whitepaper, developers & management team's background and also there activities & followers on social media. Than i think by doing these things we can know much-more about project and then definitely we can reduce the risk to get scammed.

Just be focus everytime in terms of participating or involve with projects ,we can already determined which is legit through reviewing there details and platform. Don't be lazy to look around in order to avoid scams.

[chadtn]

Security is the most important thing. But it is quite difficult to do this.
- In the first place to read white paper.
- See if there are errors on the site.
- Write to the project team.
- Check social networks.

Put in parts and look at the reaction. Keep in touch.
See how much they collected.