Cryptocurrency SCAMS? HOW TO KNOW?

[Bianckyyyy]

How to know if cryptocurrency are scam or not

[1713967620]

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[mk4]

http://lmgtfy.com/?q=how+to+identify+a+cryptocurrency+scam

[fqhuqryfhjq11]

Why are so many people still watching e-money is Virtual, is fraud? If you want to know if Bitcoin is the scam or not, let's find out and study it thoroughly! I am sure it is a profitable investment, not a scam 

[hdheiiwo123]

How to know if cryptocurrency are scam or not

In fact, bitcoin is not a virtual currency, so calling Bitcoin as "encrypted cryptocurrency co-ordinate" is accurate, calling it "virtual" is completely false. You can study carefully before a problem or consult with someone who comes first to figure out if the problem is fraudulent or not. Goodluck!

[ddd4367a]

I know some virtual money called phishing: people should stay away
One coin
LCF Coin
Centurion Coin
Earthcoin
S-Coin

[hardip567]

Careful dusiness off crypto currency with advice elders

[thuiuqioui98382]

A list of 19 fraudulent electronic trading platforms under FSMA Belgium:

crypto
Btc-cap
Capital-coins
Coinquick
Cryptavenir
Crypto-banquet
Crypto-info
Cryptos.solutions
Crypto-currency
Ether-invest
Eurocryptopro
Finance-mag
Gme-crypto
Gmtcrypto
Good-crypto
Mycrypto24
Nettocrypto
Patrimoinecrypto
Ydconsultant

[Fathurrahman27]

I think if it's a scam, the project never displays their workers in the video (in the sense that they won't show their faces)

[psoo7]

How to know if cryptocurrency are scam or not

Some red flags for the beginners in the crypto world! Make sure to check these red flags before investing in any ICO.

1.CLAIMS OF HIGH, GUARANTEED RETURNS.
2.CELEBRITY ENDORSEMENTS
3.CLAIMS OF “SEC-COMPLIANT” (guarantees that their coins will trade on an SEC-compliant exchange where you can buy and sell them for profit)
4. INVESTING WITH A CREDIT CARD.
5. PUMP AND DUMP SCAMS.(Tempting you with guaranteed gains with pumps and dumps during pre ico to crowd sale)
6.Team members without any social profile. if they provide be sure to check the genuinity on basis of followers and background.
7.Language( grammar is correct or not)
 
and if you have done these be sure to read the whitepaper!!

[Alluro]

How to know if cryptocurrency are scam or not

First of all, learn about cryptocurrencies. There are so many sources to learn about cryptocurrencies. After that do your own research about cryptocurrencies. You can find cryptocurrencies are scam or not yourself.

[Panetymerni]

Anything that resembles a ponzi scheme is a scam almost at all times. When you have to invest your money and they are put in escrow for a long time. Also when you get paid for bringing new people to the project.

[AzatFinrazor]

• Go to their website, it should have an 'About' page where you can learn about the project and the team.
• Look up the creators on LinkedIn, see if they have a Twitter, read what they tweet about.
• Examine their whitepaper. It should be easy to read and understand what the project is all about, what new it brings.
• Look up news about the project, read user feedback on forums, or ask about it here.

[AzatFinrazor]

I think if it's a scam, the project never displays their workers in the video (in the sense that they won't show their faces)

That's actually a good observation. It is not necessarily a rule thumb but it defitinely gives more hope when you see the team members in the video.

[chulos]

How to know if cryptocurrency are scam or not

Here i have prepared a list of characteristics that are common to many frauds and which you should avoid if you do not lose your money.
1. Unrealistic Claims - Ponzi scheme
2. Mining in the Cloud - Fraudulent cloud sites are trying to lure investors to promise easy profits simply by investing in core capital.
3. Bitcoin Package Packages (BIP) - These packages are very profitable at first, but due to the Ponzi principle they operate, they have limited durability and end when new users stop coming.
4. Multi Level Marketing (MLM)
5. Lack of key information - No white paper
6. Insufficient or no information about members of the development team
7. No real support
These are the points i follow, and it is up to you to follow them too.

[dhwuy32koo11]

People still think of cryptocurrency. They think it's virtual and as a form of fraud. But no, to know that you need a cool head to learn the project before investing.

[wqiwi212jsjs@jj]

To verify that it is fraudulent, you should refer to the criteria such as project, safety, economic fluctuation and what I think is to understand the nature of the problem before making the final conclusions. I'm still learning more from the experts at this forum.

[socks435]

I think you can easily check if the cryptocurrency is scam or not if you know coinmarketcap.com you can see if the cryptocurrency is scam or not there are many scam cryptocurrency if you didn't find them in coinmarketcap the coin or token is scam just always choose a cryptocurrency which is listed on coinmarketcap.

Also, you can use this http://coinmarketcal.com you can check some project there with lower votes and no proof, for me, it's not a legit cryptocurrency or token but if there are many votes and with proof  and higher percentage you can say that the project is real and legit.

[Walter_Potts]

How to know if cryptocurrency are scam or not

Crypto currency is ideal for scammers. It is great interest, everyone talks about this, while only a few really understand how it all works. People perceive bitcoins (and other crypto currency) as a way of quick and easy money earning.
And for scammers this is an ideal environment and a way to quickly cash in. On the Internet you can find a huge number of different schemes of fraud (from scams with ICO to fake wallets and fake exchanges). And every day there is something new. You must constantly monitor news and analyze information.
All these schemes are designed for banal greed, belief in the fact that you can quickly and easily earn a lot of money, etc.
It seems to me that a universal way of protection is common sense and logic. If you do not see the material benefits for the other side, then these relations are manipulative. If someone offer you too much and very quickly - it's a trap.

[boyptc]

If you found an interesting coin and you want to make sure if that's not a scam.

You can use google and input those words "is this coin a scam?".

[Justian1993]

How to know if cryptocurrency are scam or not

A scam is a situation where we are deceived.
there is a characteristic scam cryptocurrency that can be seen at the beginning, such as
-No whitepaper or no clear whitepaper
-No web or low quality web
-No vision mission or short term target and long term target
-No roadmap
-the dev profile is hidden
-Passive community with the dev team
-etc

but there are also those who can not see until the end, even from the beginning it looked promising but finally we got a scam too.
this type is very difficult to detect a scam or not.