How we know scam altcoin project

[Mommynigabby]

Its  hard to generalize, but basically I make my judgement based on the "look" of the website and the whitepaper. Very rare to nothing updates on social media accounts are also a red flag for me.

Sometimes we found out it easily but it sometimes they really hiding it. They know also of what scammers are doing and they strategies it for not caught easily, and it sad that many were become victims of these people.
It is our own instinct and our observation of a certain project to know if that is legit or not.  It is very important to read feed backs and so we are all aware.

The fact is that today it is very difficult to identify fraudsters in the market spawn of companies. But I want to say with confidence that for the last year not one Bounty company, which demanded to provide personal data, that is, KYC, as well as any company that hid names on and other information did not pay the earned tokens to the participants. And also if paid, then These coins are not traded anywhere, but the same as the empty space.

Yeah I think we all agree that  the lists that we all came up with are NOT accurate and will NOT give you 100% assurance that the project youre promoting are 100% legit. As a bounty hunter, I feel like I owe it to my audience that I shouldnt feed them wrong infos and scam ICOs. I would never exchange my integrity over some tokens whether big or small. The first sign of malice on the project, i would stop promoting immediately.

[sfr2017]

The cryptocurrency world is highly decentralized and unregulated, making it very susceptible to fraud and forgeries and many coins are susceptible to be a scams.
Investors should research in the credibility of the project through assessing the credibility of the developer and teams.
a clear white paper outlines everything that an investor might want to know about this coin.

[steveabrahams]

Based on my experienced, here are the list. First thing is check the project, is it a repeatble project or a project that same like others, if yes just leave it. Check the team behind the project, the team members usually have a photo and linkendin link. Check it out and if the photo is from google, then it's a big red flag, check their whitepaper, join the telegram group, check how active the team or admin there answer the question from members or investor and many else.

[matchi2011]

The cryptocurrency world is highly decentralized and unregulated, making it very susceptible to fraud and forgeries and many coins are susceptible to be a scams.
Investors should research in the credibility of the project through assessing the credibility of the developer and teams.
a clear white paper outlines everything that an investor might want to know about this coin.

By doing this, you are increasing your chance to find projects that can lead you to a possible success, with how the team behaves will reveal
the potentials of the said tokens, everything that too good to be true  promises mostly will open project and raise an ico's then scam investors
money after.

[Yurkov]

For me the most dangerous is downloading wallet. Most of altcoin wallets need to unlock antivirus and many times also other protections of our desktop or mobile. Unfortunatelly scam projects use that way to infect our systems and try to steal our money. Before I download anything i make really big and long research about project.

[Johnzky]

Money ,,, everyone need money.. Some people choose the right way some not..
I new in this crypto world.. N newbie in this forum.. You guys that have a lot experience must be know the sign of scam project..
Can you tell me ?

Here is one good thread to learn how to find them,though ofcourse this needs your effort and knowledge also https://bitcointalk.org/index.php?topic=3415026.0 but atleast you can have some points from the comments below

And heres another one to prevent scam sites as this was used by manynd victimized alot

https://bitcointalk.org/index.php?topic=4456502.0

[komjhq]

For me the most dangerous is downloading wallet. Most of altcoin wallets need to unlock antivirus and many times also other protections of our desktop or mobile. Unfortunatelly scam projects use that way to infect our systems and try to steal our money. Before I download anything i make really big and long research about project.

How effective are your studies as a result? In my opinion, even dollars and closer study of the project still cannot guarantee you real success. In any case, there are risks.But I hope that the situation should change for the better soon.

[Fedrey]

For me the most dangerous is downloading wallet. Most of altcoin wallets need to unlock antivirus and many times also other protections of our desktop or mobile. Unfortunatelly scam projects use that way to infect our systems and try to steal our money. Before I download anything i make really big and long research about project.

How effective are your studies as a result? In my opinion, even dollars and closer study of the project still cannot guarantee you real success. In any case, there are risks.But I hope that the situation should change for the better soon.

I can answer in the affirmative that almost over the last year I have been participating directly in very many Bounty companies. I almost did not make any profit, although I did a very deep analysis of many projects, Studying all the information about the team, the project and the results of the project’s interest in society .

[otong]

Money ,,, everyone need money.. Some people choose the right way some not..
I new in this crypto world.. N newbie in this forum.. You guys that have a lot experience must be know the sign of scam project..
Can you tell me ?

like this, bro, everyone who has been in this forum for a long time or not seems like the same. because it identifies scam projects and projects that don't scam it is quite difficult. so I think we need careful thinking so that we are not fooled by scam projects.

[Spider A4]

A project is a scam if the team members are fake, and sometimes they will say that they already reached the softcap even they just only started thier token sale, and another one  is no one is answering question on thier telegram group.

Even i see that many project team was real and project is looking so transparent, huge success but after token sell end they raised couple of million dollars and go to scam. And some fraudulent team assuring before token sell their token will be listed in the major exchange.

[SMOKEU]

to verify if the project is scam is difficult.. even some experts cannot tell also.. but if you dig deep specially into their their is a chance that you can verify the project if scam or no

[ckorbba]

to verify if the project is scam is difficult.. even some experts cannot tell also.. but if you dig deep specially into their their is a chance that you can verify the project if scam or no

if you study all the available information and delve into their documentation, team names, and so on, it still does not give a full guarantee of success in participating in this project. To date, there is quite a lot of project, whose coins have no value comma although therefore, the company ico everything went quite well for you.

[victoria444]

Bitforex is an exchange which engages in nefarious fraud practices to take advantage of unsuspecting crypto projects wanting to list on the exchange and consumers wanting to trade. Projects should avoid listing on this exchange unless they want to lose their funds.

https://medium.com/@sallyalexon/bitforex-the-biggest-wash-trading-exchange-in-the-world-8245e9ca910a

[LUCKMCFLY]

to verify if the project is scam is difficult.. even some experts cannot tell also.. but if you dig deep specially into their their is a chance that you can verify the project if scam or no

if you study all the available information and delve into their documentation, team names, and so on, it still does not give a full guarantee of success in participating in this project. To date, there is quite a lot of project, whose coins have no value comma although therefore, the company ico everything went quite well for you.

Now you can request documents, and must comply with the established legal bases, since the new regulations require these rules, then the team must be willing to show those documents or publish them. Also check if they have complied with the whitepaper, the equipment must be registered with KYC in a control entity, it is a good way for them to follow up.

[mostcrack]

it was difficult to be able to avoid or choose a project that was not a scam, because what I had experienced when I attended a bounty program, although I have seen it in terms of white paper, background, investors and other things. but always in vain and hit by a scam. but I don't know if my analysis is wrong.

[AltcoinsBattle]

to verify if the project is scam is difficult.. even some experts cannot tell also.. but if you dig deep specially into their their is a chance that you can verify the project if scam or no

if you study all the available information and delve into their documentation, team names, and so on, it still does not give a full guarantee of success in participating in this project. To date, there is quite a lot of project, whose coins have no value comma although therefore, the company ico everything went quite well for you.

That is why the best way to invest now is to buy on the exchange. In most cases, you can buy cheaper ICO prices. Many projects are not in a hurry with the listing, they are waiting for a more profitable time. When the market starts to rise, there will be many new assets that will grow first.
When you do a research on the exchange, you can see the volume of trades, liquidity. In this case, it is not matter whether the project is scam or not.

[icecube45]

It's very difficult to find out about a scam altcoin project, that's because almost all altcoin projects end in scams, this is more than 90%. It is very difficult to avoid it, sometimes an altcoin project has succeeded and won a hardcap, but in the end it turned into a scam and eventually hurt. A project that will become a scam usually has signs that it has been inactive for a long time, usually on social media it is increasingly rare to update. Then always postpone payments even for months. Actually there are still many features, but to make it easier to find information on ICOdrops, this will help a lot.

[airdagon]

Honestly, it's very difficult to see a scam ICO project, because many ICO scam projects that are packaged are very good for tricking investors, but my advice is to look at the roadmap, the team behind it and the project offered, if you think it doesn't make sense, then stay away.

[boris singer]

Honestly, it's very difficult to see a scam ICO project, because many ICO scam projects that are packaged are very good for tricking investors, but my advice is to look at the roadmap, the team behind it and the project offered, if you think it doesn't make sense, then stay away.

many ICOs are almost perfect in the whitepaper and in the basis of the proposal, but if further explored by direct communication with the parties related to the project, differences will be seen between each other. There are already some members of this forum who seem to help analyze some ICOs that appear more authentically, we just need to be more subjective afterwards to the developers directly

[rjefferson]

I would look deep into their supporting team, community and even transaction history to get a good sense of what they are doing is just