To all newbies like myself on this forum, you never know what you are missing if you are not visiting scam accusation thread regularly on this forum, this board right here
https://bitcointalk.org/index.php?board=83.0Can safe you lot of headache when you are still trying to invest on a project but you aren't sure yet whether to invest or not due to lack of solid information or
You haven't decide on which bounty project to promote yet, some members are very good at detecting scam projects and from time to time they always reveal fake/scam projects on the board, make sure you seek for better info before making any decisions, seeking answers can help.
But there are such projects in which you will not immediately realize that the project is fraudulent. Currently, fraudulent projects have learned to cleverly fake themselves as worthy projects.
When that happens there is a very easy solution to all of this, do not invest in those coins, it is understandable that newbies want to obtain great profits, who doesn't? But the problem comes when they decide to invest in coins that have nothing to show to investors except promises about what they are going to do and when that happens you should know that those projects have a very high chance of failure regardless of how good they may look on the outside.
So when you see a project that you are not sure if it's going to become a scam or not then think about the statistics that shows that more than 90% of the coins eventually fail and when you do that you will immediately avoid all of those projects no matter how good they may look like.