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Author Topic: How can we protect ourselves from scam?  (Read 5441 times)
faceoff97
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December 22, 2018, 08:36:29 AM
 #761

All you have to do is not to trust easily and verify the project by yourself. A good research will help you determine wether a project is good or not, reviews will also a good help since this is response from the community. Don't trust, verify! Same goes when you are storing your funds, don't put it in a wallet which gives you no full control like exchanges and closed source software. Electrum, Hodler and myetherwallet are one of the open source software that you could verify your funds.
Semar Mesem
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December 22, 2018, 09:10:31 AM
 #762

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.

The best thing is to read the whitepaper, a good and serious project certainly has a clear whitepaper and concept, besides investigating the team on the project is a must because many scam projects only copy from the previous whitepaper.

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AUDI_A6
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December 22, 2018, 02:28:10 PM
 #763

Fraudsters use illiteracy and greed. When there is a constant profit, nobody cares whether it is a fraud or not.
India: Police Bust Bitcoin Ponzi Scheme that Defrauded 8,000 Crypto Investors

https://www.ccn.com/india-police-bust-bitcoin-ponzi-scheme-that-defrauded-8000-crypto-investors/

OptimusPrime:)
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January 02, 2019, 09:34:39 AM
 #764

 If we talk about ICO, I have some tips: ask yourself a few question and make a right decision: 
Is the website of a high quality?
Is the team for real?
Is the whitepaper professionally written?
Are the ICO’s goals realistic?
Don’t forget about the code
shad_ow90
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January 03, 2019, 02:26:38 PM
 #765

The best way to protect ourselves from scams is to stay away from ICO projects. May do Bounty or Airdrop to earn free tokens but shouldn't spend your capital to invest on them. Instead, let's invest on big top coins

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givary
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January 03, 2019, 02:36:57 PM
 #766

ICO risky against fraud, if you actually want to remain joined in it then it should be a lot to learn, observe, analyze for true ICO could choose either. If you like far away from investment fraud is on the coin which indeed is good, although it is the way in which we need the capital.
gwaposakon
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January 03, 2019, 02:39:52 PM
 #767

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 know about the crypto or project, the more we could avoid being scammed. So, it is important that we do proper and deep research about all aspect of the project before investing in it. Information about the feasibility of the project, the technical and working paper, the people running it, and even community support tell us something about the authenticity of the project.
Kang Bahar
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January 03, 2019, 03:03:21 PM
 #768

If we talk about ICO, I have some tips: ask yourself a few question and make a right decision: 
Is the website of a high quality?
Is the team for real?
Is the whitepaper professionally written?
Are the ICO’s goals realistic?
Don’t forget about the code

Unfortunately, that does not means give us guarantee that we can avoid the scam ICO. Because everything that you mentioned can deceive us and investors.

The best way to protect ourselves from scams is to stay away from ICO projects. May do Bounty or Airdrop to earn free tokens but shouldn't spend your capital to invest on them.
Of course, we should not be easily tempted by their offer and we have to do some research about the potential and the risk of the project.
Johnzky
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January 03, 2019, 03:14:02 PM
 #769

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?

Scammers are around the forum and just waiting for the next victim,so if you want to prevent this from happening visit this thread for better look on the scammers strategies

https://bitcointalk.org/index.php?topic=3415026.0

And visit this if you are wanting to invest in ico,because this is how to learn that they are scammers

https://bitcointalk.org/index.php?topic=2896030.0

Goodluck for your future investing
newdevices
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January 03, 2019, 03:18:40 PM
 #770

fraud is now widespread, out of the 10 projects that were followed at least there were only 3 truly original projects, it was very difficult to determine which projects were genuine and which fraudulent projects, experience is needed to distinguish between fraudulent projects and good projects
Macinto$h
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January 03, 2019, 04:33:55 PM
Last edit: January 04, 2019, 03:58:37 AM by Macinto$h
 #771

In order to reduce the number of scammers in this area, not so much is needed - we need to create transparent and understandable rules for all projects that want make ICO, and prohibit ICO for those projects in which teams are anonymous and have no MVP. This can significantly reduce the amount of scam.
Thanasis
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January 03, 2019, 05:17:38 PM
 #772

Lot of people from this forum are helping in exposing the scam ICOs so all we need to do is check the scam accusation section and the reputed DT member's trust history to protect yourself from the scams in this forum.You also need to increase your knowledge about finding the good projects and fake projects.

MirclIX
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January 03, 2019, 05:23:52 PM
 #773

It is difficult to distinguish well-disguised fraudsters from decent teams. It is necessary for the protection of oneself to possess sufficient knowledge in this area.
The forum will always have players with great experience who can give advice on whether to work with various campaigns.
You need to listen to them.

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Msworld83
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January 03, 2019, 05:34:56 PM
 #774

We can be our major protector in every dealing as no o e know who is scammer until it happen and protecting one is the major thing to do in meeting new people and also using a very unique password and careful enough to get in to any site when giving details.
Santri
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January 03, 2019, 05:46:29 PM
 #775

Current fraud is increasing and many investors are losing money because they join ICO scam and for that we have to do a lot of research before doing it so we can avoid fraud and one more, don't trust anyone in crypto

#Darren
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January 03, 2019, 06:11:46 PM
 #776

We should invest a lot of time in investigating the projects, because if we would skip this step, we would increase the possibility of getting scammed or tricked. Read the whitepaper, check the team members, product development and so on.


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yvesp110
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January 03, 2019, 06:22:03 PM
 #777

If we talk about ICO, I have some tips: ask yourself a few question and make a right decision: 
Is the website of a high quality?
Is the team for real?
Is the whitepaper professionally written?
Are the ICO’s goals realistic?
Don’t forget about the code

Unfortunately, that does not means give us guarantee that we can avoid the scam ICO. Because everything that you mentioned can deceive us and investors.

The best way to protect ourselves from scams is to stay away from ICO projects. May do Bounty or Airdrop to earn free tokens but shouldn't spend your capital to invest on them.
Of course, we should not be easily tempted by their offer and we have to do some research about the potential and the risk of the project.
Indeed the best thing is to keep learning and to improve your knowledge those who lose at trading are those who  are lack of knowledge.  To avoid the risk of scamming the first thing is not to trust blindly and keep yourself away from it. This is modren age that everything is easy to search on Google and YouTube so search and learn.
hovrah
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January 03, 2019, 06:23:02 PM
 #778

We should invest a lot of time in investigating the projects, because if we would skip this step, we would increase the possibility of getting scammed or tricked. Read the whitepaper, check the team members, product development and so on.
today it is very hard to protect yourself from fraud. Even a chapel box analysis of all available information about the project and the team does not give you a 100% guarantee of the authenticity and success of the project. As an example, Desico, which has greatly deceived many people, can be cited.
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January 03, 2019, 06:37:18 PM
 #779

Destination of scammer is always to control you. By telegram PM, sending mail with a lot of scam Link, if you click there scammer got everything they want.
hubballi
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January 04, 2019, 01:24:07 AM
 #780

Scammers always come with lot of sugar coated offers which are always lured by the greediness and the user in greedy go for it and get scammed. I have seen lot of users who are mature enough have got in this scam. So the key point is never get greediness and get scam. Always store your important datas and wallets in separate computer if possible keep it offline, only use that computer when ever you need to use the wallets. For daily use keep another computer where their is no data and wallet so even if you get scammed or hacked you will be safe.

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