Well Organized Scam Projects

[cytpoway121]

How can we safe ourselves from well organized scam projects? Some projects are so well crafted and in the end they scam people, to my own understand research doesn't help here at all, use case, whitepaper, team, every thing are so real and make sense, please give advice about this

To be honest, either a project exits scam or is a scam project from the start.
As long as you don't invest with emotions, you will always be in profit.

Why do i say that ? well organized projects that scams or exit scams always do that after several series of pumping that token, so if you invest to pick your profits, you are save.
If you are sentimental and emotional as an investor, it is what it is.

But always do your own research always.

[FairUser]

How can we safe ourselves from well organized scam projects? Some projects are so well crafted and in the end they scam people, to my own understand research doesn't help here at all, use case, whitepaper, team, every thing are so real and make sense, please give advice about this

To be honest, either a project exits scam or is a scam project from the start.
As long as you don't invest with emotions, you will always be in profit.

Why do i say that ? well organized projects that scams or exit scams always do that after several series of pumping that token, so if you invest to pick your profits, you are save.
If you are sentimental and emotional as an investor, it is what it is.

But always do your own research always.

You are right, if we are not greedy and don't invest with emotion, I believe we will still be profitable. In the past 3 years I have come across many scam projects, but I have never collapsed by these projects because I didn't hold them for long. I make a profit in the short term and look for other projects to continue reinvesting

[masterrex]

How can we safe ourselves from well organized scam projects? Some projects are so well crafted and in the end they scam people, to my own understand research doesn't help here at all, use case, whitepaper, team, every thing are so real and make sense, please give advice about this

I think you miss the important point here, personal research is helping a lot to identify and expose some of the fraudulent projects out there. because most of the shady projects are using fake information such us fake names, profiles, etc those scam bugs are so clever and they are afraid to get caught thats why they don't use their personal information. aside from making researched and checking all the information about the project your instinct can also help.

[kindbtc]

That is why we say that in the end luck matters the most, sometimes we skip a good looking project even after thorough analysis and due diligence about it and later we get to know that the project has exit scammed so in this case you were just lucky. In short any project can end up as a failure, each project and each investment is highly risky.

[patz22]

Whatever you do, research, questioning the team or whatsoever you can only determine if that is a scam once it is done, I think it says everything. However, my question to you is, how do you think it is a well-organized scam? What factors? or indicators? Of course, there are a lot but again, you will only know once the project ended their sale or once it hits the exchange.

[meanwords]

How can we safe ourselves from well organized scam projects? Some projects are so well crafted and in the end they scam people, to my own understand research doesn't help here at all, use case, whitepaper, team, every thing are so real and make sense, please give advice about this

Even if you do your extensive research on a certain project, you still won't be certain that they will or not scam others. In my opinion, the best way to avoid scam is to invest in a project that has a long-term planned working product. I've seen a lot of projects that is basing on community popularity, gaining thousands of followers and getting into an exchange but doesn't have any proper product, they end up scamming anyway.

[Kunnu]

This is the major problem, it's really confusing to find a genuine project these days and yes deep research is not enough scammers have lot of strategies to do scam unfortunately we don't have effective options to understand their strategies but there are many experienced people who are doing great work to spread awareness about scam projects so it may helpful for new and confused investors to take advice from experienced people before investing in any project.

[FireBallex]

Doing research will surely get your eye more opened so it's a good way to start, as time goes on you will get advanced in detecting bad projects but there is no way to escape scam projects 100%

[bttmember]

There is only one way out and that is to be super choosy, i mean after all your due diligence and satisfaction, you should also go with your gut feeling and skip the project if you do not get good vibes. Also you need to invest in fewerprojects the only ones that are solid, legit and real from all aspects and online community also thinks so. Ecen then you still have the chance to fall for a scam but one thing a human can do is only be careful and watchful to reduce risks.

[BlacksmithCorporation]

That is the risk when you enter this market. No matter how careful you are, you may still encounter risks, but if you research carefully each project, you will face less risk than those. others.

[Bonwin]

A scam free project sometimes still turn out to bring huge loss if care is not taken and most especially if you invest all your life-savings on it, you might have yourself to blame.
Those who also put the team into consideration more and use that as their major criterion might get disappointed.
Some people who were part of one or two successful projects in the past might come up with another and scam people. This is because they are using their past glory and they believe people will trust them again, not knowing that they have come to siphon more money.
I would have mentioned names, but I won't do that because I have not yet come into conclusion whether they have truly scammed people or not.

[minairia3]

A well organized project seems to have a flaw if you look closer and deeper with their act and stance. Yeah of course they will act normally and without much nerve to have suspicion of them as scammer. Well there are plenty of ways on how to deal with them.

Always dig up their whitepaper find something that they just copied from other sources. A scammer wouldnt make such effort to make their own for this important requirement. The effective one is do a video call or request for their appearance. They are showing themselve through the public right? Why not show also on private, if they refuse theres a chance that these guys arent the one they are displaying.

[LbtalkL]

My advice is not to jump on these new projects without further verification Unless it is going to have an IEO on Binance, Maybe I will try my luck to get a ticket on their lottery-style IEO. Yeah, I have encountered so many well-crafted scam projects before it was in year 2017 but now I guess ICO does not work anymore. The majority is aware of these scam activities so we are very careful now.

[Kong Hey Pakboy]

How can we safe ourselves from well organized scam projects? Some projects are so well crafted and in the end they scam people, to my own understand research doesn't help here at all, use case, whitepaper, team, every thing are so real and make sense, please give advice about this

There are really a lot of projects that are too good to be true that even you check it's website, whitepaper and team members, it is hard to say if a project is a scam or not. I think it all begun in the year of 2018 that most projects in ICO are scams, and a lot of investors and bounty hunters have wasted a lot of their energy, money and time for those kind of projects.

[Leonardo7]

Well organized projects do have some red flags. Sometimes there can be desperation in the part of the team to impress the community and thereafter start dishing out frivolous promises, may even talk of listing on Binance (this is rare), when they give listing price or give price prediction growth with all certainty, it's an open wound. I equally follow some reviews by a group of friends and check out ANN discussions.  Also, I stay clear from project that emanates from certain geographical regions.

[thisnewcoin]

My advice is not to jump on these new projects without further verification Unless it is going to have an IEO on Binance, Maybe I will try my luck to get a ticket on their lottery-style IEO. Yeah, I have encountered so many well-crafted scam projects before it was in the year 2017 but now I guess ICO does not work anymore. The majority is aware of these scam activities so we are very careful now.

I agree with you! Investing in new IEO projects that come through an average exchange is not a good idea because I see some so-called good project came through Probit IEO Launchpad, and now 90% of their volume is fake, no proper developments, not active discussion in telegram! Investing in Binance IEO or Binance's newly listed coins like SOL will be the best decision so far!

You see, Everyone talked about Cartesi, and now Cartesi is going to conduct their IEO on Binance Launchpad! This is the project that should be a measurement to all others! Came, won people's hearts and now going to list in word's best exchange! I will try my luck on Cartesi too!

[htsy585]

How can we safe ourselves from well organized scam projects? Some projects are so well crafted and in the end they scam people, to my own understand research doesn't help here at all, use case, whitepaper, team, every thing are so real and make sense, please give advice about this

I guess everyone has had a fair share of bad experience with them well organized scam projects. This particular reason is why lots of investors are now only investing in IEO projects listed on prominent exchanges such as binance and lot of people have had a fill of scam from startup project and do opt in for already established trusted coins to invest in. I guess when doing research for projects now, you have to look beyond well decorated whitepaper and websites and look more into the guenuity of the team behind the project

[TrevorS]

Only your vigilance and critical thinking will help you avoid falling into the paws of scammers.
Not a single scammer forced you or at gunpoint to send him your funds; people always do this voluntarily, even through deception.

[Perfect35]

How can we safe ourselves from well organized scam projects? Some projects are so well crafted and in the end they scam people, to my own understand research doesn't help here at all, use case, whitepaper, team, every thing are so real and make sense, please give advice about this

Part of the means through which scam projects are caught are either through plagiarized whitepaper or fake team, but I have now noticed that a lot of them will try to outsmart in these areas. They might decide not to have a voluminous whitepaper. Some of them even write just one-page whitepaper to escape being caught through that means.

When it comes to the team, they might tell you that they are using anonymous team, which could not be revealed or that their team are on twitter or cord and if you want to reach them, you can talk to them through that means. Although they will remain suspicious, you cannot yet conclude through that on whether they are scammers or not.

When a project becomes questionable like this, it is better you do not invest in it.

[Sanugarid]

Only your vigilance and critical thinking will help you avoid falling into the paws of scammers.

Indeed that is why researching before joining or investing in a campaign will make your life easier about it. You know why people keep getting scammed? simply because they are taking the cryptocurrency for advantage, they come for money and easy way to get rich not knowing that they have got with predators in the wild.

Not a single scammer forced you or at gunpoint to send him your funds; people always do this voluntarily, even through deception.

Just you and your decision making, it's you who clicked, it's you who decide and it's you to suffer. Better be thinking twice before investing.