How to fight so many scams among Altcoins?

[dunfida]

There are so many scams going on in Crypto world. Useless coins and tokens are released everyday just to scam investors. Currently we are also witnessing so many Masternode coins with crazy rate of interest. I got scammed in such a masternode recently (Brig in my case). Is there any way we could fight this menace?

Not a new thing yet scams do even exist already since the beginning of crypto market where there are people would do sort of things which can generate them easy money. How to stop? No we cant as long there are people who do have knowledge on creating a coin and setting things up to be realistic then the cycle wont stop where there would always be a victim on losing out funds and feeding those scam devs.
One thing i do believe on nearly to somehow reduce this thing is on regulating ICO.

[1714677499]

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[1714677499]

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[organelles]

The best way to fight scams would be to not give them your money. The reason these scams are here is to make money so if they are not making any money then they have no option than to die out. If we are going to rid ourselves of this menace then we have to do it together, if you discover a scam then spread word out so other investors would know not to put their money into it.

[huyennhat204857]

You want to avoid many scams coint in crypto?
Some people is called with the name "crypto expert", "ICO analysis expert", ... who have more experience in this market. So if you become a person like that, you can avoid more scam coin.

[sanasara]

All I would I sag it is very common nowadays most of the coins are introducing and scamming with innocent peoples all we can do is simply research on the base of these coins usually people advice to talk with manager In this case. But I personally don't believe in new and introducing coins.

[waser12]

Don't stop learning. Your crypto experience will help you to detect scam projects for the seconds.

[tsmmyth]

sCAMS have become a pain for most people in the crypto market as there has been reports all over about  projects coming up but with no intentions of solving problems but rather with an aim of scamming people off their hard earned money, The only way out is to be cautious with how you go about choosing your coins

[moonblocks]

There are so many scams going on in Crypto world. Useless coins and tokens are released everyday just to scam investors. Currently we are also witnessing so many Masternode coins with crazy rate of interest. I got scammed in such a masternode recently (Brig in my case). Is there any way we could fight this menace?

Most masternode projects are just copies of another codebase with no innovations whatsoever

Researching is the best way to become better informed and lower the chances of making losses on your investments

[truemmu]

There are many scams in the Crypto world. This is the fact. The most important thing is to learn relevant knowledge and improve your recognition ability. Before investing, we should read the white paper carefully, understand his team members, understand the background of the project, and your investment risk. Will be greatly reduced

[kreditzcoin]

1.- Know the team
2.- If there are no clear funds accounting, just run away.
3.- Invest in new technologies, not new coins.
4.- Knoweledge.

[idioma1]

What can one do? The only thing is not to be a victim and research the project before participating or investing