Warning for newbies

[vicoma]

Well if they will read and find it to be useful as many are scattered around the internet and we still have high scam activities reported frequently. Making good research about the purpose of the project, the team experience, marketing strategies and host of others has been a good choice for many

[key4co.in]

The scam accusations section on this forum is really helpful not only to newbies but to everyone especially before choosing which coin to invest in or promoting any project via Bounty. However, common sense they say is not common, always apply common sense in all your doings in crypto space. Newbies should not get lured into investing in any project because an influencer shilled it, that's a common problem. Due diligence should be done before any investment. I also like the point made by OP, "invest what you can afford to lose always".

[bohr]

Your all three points are effective especially the second one but I don't think these points are enough to aware newbies these days the scammers have various legerdemain to harvest newbies and they're getting successful in their ridiculous work but I hope better understanding, advises and instructions about investment will be very helpful for newbies and to having these kind of knowledge they must follow experienced people who have seen lots of ups and downs so it will be definitely helpful.

One of the bad things about newbies is that they do not understand that they are newbies, many come to this forum and to the market of cryptocurrencies thinking that they know it all that all of those stories about people being scammed are never going to happen to them, they are simply too smart to fall on the trap of a scammer and unfortunately many of them discover too late that scammers are many times smarter than they are but by that time they have already lost their money.

[Ashong Salonga]

Newbies needs to be prepared for this coming new year, scammers will try to take advantage of that year because bitcoin halving is already dropping the HYPE in crypto space  already, Learn to do research better, not all bad results in crypto are because a project failed, mostly are because of lack of research, with no good research you can easily fall for scam projects.

1) Do better research on new projects before promoting them or investing a penny on them

2) Visit scam accusation thread on the forum time to time, it will safe you a lot too

3) If you you have to invest always invest what you can afford to lose.

I agree. Since there are lots of newbies who wish to get engage into the cryptocurrency community, they must need to know certain precautionary measures so that they can enjoy their whole journey getting into the path of working and adapting into using varieties of cryptocurrencies existing within the market. Doing thorough research about a certain thing you wish to get engage whether it is a site, wallet or project, having enough information about it will be the first thing you must acquire to check its legibility so that you can avoid getting scammed. Being knowledgeable nowadays is the most important weapon you must have so that you will not be easily fooled by other people who tooks advantage of your weakness as a newbie. When investing, indeed do not go all out, just invest those only you can afford to loose so that when something wrong happens, you will not be regretful and can easily move forward into seeking for new opportunities to come.

[tambok]

Newbies needs to be prepared for this coming new year, scammers will try to take advantage of that year because bitcoin halving is already dropping the HYPE in crypto space  already, Learn to do research better, not all bad results in crypto are because a project failed, mostly are because of lack of research, with no good research you can easily fall for scam projects.

1) Do better research on new projects before promoting them or investing a penny on them

2) Visit scam accusation thread on the forum time to time, it will safe you a lot too

3) If you you have to invest always invest what you can afford to lose.

I agree. Since there are lots of newbies who wish to get engage into the cryptocurrency community, they must need to know certain precautionary measures so that they can enjoy their whole journey getting into the path of working and adapting into using varieties of cryptocurrencies existing within the market. Doing thorough research about a certain thing you wish to get engage whether it is a site, wallet or project, having enough information about it will be the first thing you must acquire to check its legibility so that you can avoid getting scammed. Being knowledgeable nowadays is the most important weapon you must have so that you will not be easily fooled by other people who tooks advantage of your weakness as a newbie. When investing, indeed do not go all out, just invest those only you can afford to loose so that when something wrong happens, you will not be regretful and can easily move forward into seeking for new opportunities to come.

That's the main reason why we do have forum too, why we are here for them to remind them always, all the time, we should always warn the users for these.

We also once become newbie, and we also need help from other members so it's time to get back to the community especially to the newbies out there.

[gielbier]

At point number 3 all investments carry risks not only in crypto and we as investors must be prepared to bear the risk if something happens at any time. Therefore don't be greedy in investing.

[ven7net]

Newbies needs to be prepared for this coming new year, scammers will try to take advantage of that year because bitcoin halving is already dropping the HYPE in crypto space  already, Learn to do research better, not all bad results in crypto are because a project failed, mostly are because of lack of research, with no good research you can easily fall for scam projects.

1) Do better research on new projects before promoting them or investing a penny on them

2) Visit scam accusation thread on the forum time to time, it will safe you a lot too

3) If you you have to invest always invest what you can afford to lose.

Thank you very much for the recommendation. Indeed, this will be even harder for beginners this year, as fraudsters will improve their abilities and will try to cheat. However, I’m watching now there are not many new projects coming out, maybe all this is due to the reluctance of investors to invest in crypto projects. But those projects that come out are almost all meaningless and more like fraudulent ones.

[Spider A4]

Newbies needs to be prepared for this coming new year, scammers will try to take advantage of that year because bitcoin halving is already dropping the HYPE in crypto space  already, Learn to do research better, not all bad results in crypto are because a project failed, mostly are because of lack of research, with no good research you can easily fall for scam projects.

1) Do better research on new projects before promoting them or investing a penny on them

2) Visit scam accusation thread on the forum time to time, it will safe you a lot too

3) If you you have to invest always invest what you can afford to lose.

I got to learn a lot of things that come to visit who's making scam accusation thread. Newbie's hunter can not find which is scam projects, they do not research enough regarding scam ico projects. Scam thread is always updated if new project coming.

At this point investment is risky dose not matter ico or ieo projects. Newbie members have no good idea of these things. So they have to be very careful in large or small scale investment.







 

[onyek16M]

Newbies needs to be prepared for this coming new year, scammers will try to take advantage of that year because bitcoin halving is already dropping the HYPE in crypto space  already, Learn to do research better, not all bad results in crypto are because a project failed, mostly are because of lack of research, with no good research you can easily fall for scam projects.

1) Do better research on new projects before promoting them or investing a penny on them

2) Visit scam accusation thread on the forum time to time, it will safe you a lot too

3) If you you have to invest always invest what you can afford to lose.

yes alright its best way to minimize scam. like you said research is needed. maybe you can see on the website if it scam projects it will look Unprofessional then the fund raises if its scam the fund raises will edit manual by team and the last like you said you have to visit scam accusation. i know it difficult to differentiate scam project because almost all same like real project but there is a different in there

[Wipeout2097]

These pints will work not only for the newbies but existing investors as well.We all know scam projects took place in the crypto world and it is not good for the whole crypto community if new comers come here to earn but at the end become victim of any scam will never join crypto again.

Its responsibility all of us write more about scammers and scam projects create awareness to discourage the scammers,If introduce any family and friend properly teach them that never believe in scam projects just go with legit projects and guide them how to choose the real project.

[Vishnu.Reang]

I would advice the newbies to stay away from the ICOs and IEOs altogether. These sectors are not meant for inexperienced users. Gain some knowledge and experience in the cryptocurrency market and after that you can consider participating in these ICOs. With the failure rate for new ICOs touching the 90% mark, I don't consider it safe for them to participate in this sector.

[Coroline]

Newbies needs to be prepared for this coming new year, scammers will try to take advantage of that year because bitcoin halving is already dropping the HYPE in crypto space  already, Learn to do research better, not all bad results in crypto are because a project failed, mostly are because of lack of research, with no good research you can easily fall for scam projects.

1) Do better research on new projects before promoting them or investing a penny on them

2) Visit scam accusation thread on the forum time to time, it will safe you a lot too

3) If you you have to invest always invest what you can afford to lose.

the point is to look at the prospects of the project and see the team whether what is being run is a real project or a fake seeing from followers on twitter whether it has a lot of interest if it is owned then the project can be said to be good and vice versa

[VIP BTC]

Newbies needs to be prepared for this coming new year, scammers will try to take advantage of that year because bitcoin halving is already dropping the HYPE in crypto space  already, Learn to do research better, not all bad results in crypto are because a project failed, mostly are because of lack of research, with no good research you can easily fall for scam projects.

1) Do better research on new projects before promoting them or investing a penny on them

2) Visit scam accusation thread on the forum time to time, it will safe you a lot too

3) If you you have to invest always invest what you can afford to lose.

Thank you for the advice you gave. Maybe the investment interest is very big for now, but doubts occur. Because many projects are not in accordance with what is said. We rarely see a project that really runs it well. Maybe we should invest in crypto that is already in exchange, not in a new project.

[trauchot]

Quite right, there are still too many cryptocurrency scam companies and cryptocurrency scam companies constantly appear, therefore, to protect yourself from losing your money, it is best to invest in top projects that have long been in the cryptocurrency field or at least invest in cryptocurrency companies that conduct IEO on top exchanges like binance, huobi, kucoin.

[ttcsalam]

Newbies needs to be prepared for this coming new year, scammers will try to take advantage of that year because bitcoin halving is already dropping the HYPE in crypto space  already, Learn to do research better, not all bad results in crypto are because a project failed, mostly are because of lack of research, with no good research you can easily fall for scam projects.

1) Do better research on new projects before promoting them or investing a penny on them

2) Visit scam accusation thread on the forum time to time, it will safe you a lot too

3) If you you have to invest always invest what you can afford to lose.

This is a post on a lot of information. I think it will be very helpful for new investors. Knowing this, investors will invest. Many investor investors are not wasting their investment capital due to investing.

[yulionoo]

Newbies needs to be prepared for this coming new year, scammers will try to take advantage of that year because bitcoin halving is already dropping the HYPE in crypto space  already, Learn to do research better, not all bad results in crypto are because a project failed, mostly are because of lack of research, with no good research you can easily fall for scam projects.

1) Do better research on new projects before promoting them or investing a penny on them

2) Visit scam accusation thread on the forum time to time, it will safe you a lot too

3) If you you have to invest always invest what you can afford to lose.

yes this is a good suggestion for beginners before entering the cryptocurrency industry. I will add in addition to the three things that were said op. beginners also should not be easily influenced by FUD or influenced by others to sell coins when the coins we hold have decreased. if we have done our research well we will be confident in the decisions we make and are not easily influenced.

[udlredlo]

Greetings ladies and gentlemen. What I would say - these days users are searching for more secured way of investing, storing and interacting. And in my opinion, this is also why demand on hardwallets keeps growing

[orcobbe]

Greetings ladies and gentlemen. What I would say - these days users are searching for more secured way of investing, storing and interacting. And in my opinion, this is also why demand on hardwallets keeps growing

Oh yes, I have also noticed that demand grows, but I was searching more on advanced products available nowadays and it was really difficult to find worthwhile solution. I mean there are so many - so it appears to be more difficult to choose

[Rikotin]

too easy to say even though not all of the suggestions you say can be free of fraud. Well, I understand that you have good intentions about your intentions above, even I have done it all, but if the market says otherwise the risk is the answer. but at least the points you mean can reduce the risk of loss.

[udlredlo]

Oh yes, I have also noticed that demand grows, but I was searching more on advanced products available nowadays and it was really difficult to find worthwhile solution. I mean there are so many - so it appears to be more difficult to choose

Exactly, that's the point. And this is why it is always better to choose, based on objective ratings and recommendations