ethereumhunter
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July 30, 2020, 12:30:48 PM |
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to prove they're not scammer project and minimize your investment of being scam...
1. look for the team if they're legit and real human... prove to yourself if they're human and real, not fake linkin from russia, reddit or facebook stuff... 2. list your find...
All of them will not always guarantee to get the right project because it is hard to select the right project without having the right knowledge. Even if we have the knowledge, sometimes we can miss something that can be the next point that will compare them between the fake project and real project. The one thing that you should do is only search for more and more about the project that you interest, and find out more to get the information about the project, so you can choose them or leave them.
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dimonstration
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July 30, 2020, 12:55:22 PM |
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Scammers are everywhere. Everyone should be extra vigilant and learn not to trust immediately. Checking of legitimacy of projects and profile of users should be a priority. Practice researching a lot, monitoring activities and be rational enough to know that crypto world is always risky. But if done right, it is worth the risk.
Also it's good to ask in a group or atleast in your local section if what they thought regarding the project, if they have experienced from it or any idea if it's worth investing. The decision will depend on you still. But if you think you already do your own research and already check the team and have extra money to invest with then give it a shot. It might be worth risking, and once invested make sure to monitor it to stop loss if the price didn't go well.
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Reatim
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July 30, 2020, 01:23:27 PM |
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to prove they're not scammer project and minimize your investment of being scam...
1. look for the team if they're legit and real human... prove to yourself if they're human and real, not fake linkin from russia, reddit or facebook stuff... 2. list your find...
Looking for real Human backing the project don't prove their legitimacy mate,though this is one good reason to investigate but now that even personality is available in internet?there will be others that will find ways to Hide their real personality. actually in fast i use this as material to check if the project is legit but i got tired because still even their legit yet scam is in the end.
I believe to find a good project?better ask for the help of investigator here,create a thread asking about specific project that you are eying and let them do the Job for you. I believe that you have already idea who are the people that i am talking,those good investigator in scam accusation section. we are not safe on our own way mate,unless you have the skills and knowledge ,and also experience in finding them. but for now?nothing is safe specially in ICO scamming.
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AbNewton
Member
Offline
Activity: 126
Merit: 10
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July 30, 2020, 01:51:29 PM |
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Do you know most scammers are human too so I don't get why you have to emphasis on whether they're real human or not? Scam can come from anywhere even if they're by using real LinkedIn profiles or background details. They won't outcry scam you right away with their real profiles but things like "project failed" or "price too low",... That kind of stuff to make you abandoned the project and consider it as a failed investment.
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benthach (OP)
Legendary
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Activity: 1764
Merit: 1000
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July 30, 2020, 07:51:34 PM |
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Check out the quality of their social media channels, a promising project will be supported by a strong, active community. Do not trust too much on Crypto score ratings because this kind of scores can be bought for money.
i agree. i don't understand the need of these ico score rating. these rating, just like coindesk, if they're invest or get the free coins/tokens they would write really good thing about them.
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reddit btcwriter1 - twitter kingpininvestor
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Upgate
Member
Offline
Activity: 560
Merit: 14
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July 30, 2020, 09:50:10 PM |
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to prove they're not scammer project...
1. look for the team if they're legit and real human... prove to yourself if they're human and real, not fake linkin from russia, reddit or facebook stuff... 2. list your find...
There's a lot of tips before here in the forum before investing on cryptocurrency and I can't agree that much with this one. 1. Real human doesn't guarantee that the project is legit or can succeed in the future, you still need to dig dipper and know the purpose of the project because if its just a copy paste of other project, then it will be hard for them to succeed. 2. Listing your findings can help you monitor on what projects excel on every sector. If you are serious on investing to a new project then have at least 3 choices and compare those projects and invest to those who excel. i should say minimize Firstly, i want you to understand that crypto scammer are using different strategy to scam investors and if you have hear of Onecoin (Google cryptoqueen) and their team which was totally a project created by real people. Second, the best tip which will save investors from crypto scammers is to invest after listing or a year after the project is successful launch but for those that love to invest in initial offering they need to understand the risk in crypto investment and never invest more than they can afford to lose Investing after the project has hit on an exchange for about a year plus, is the best thing to do. By then you'll know the real volatility of the project. Whether it worth investing or not Nothing pains more, than seeing a project you invested with good money, in year's to come, you're losing your whole investment
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coinswebid
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July 30, 2020, 09:51:22 PM |
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to prove they're not scammer project and minimize your investment of being scam...
1. look for the team if they're legit and real human... prove to yourself if they're human and real, not fake linkin from russia, reddit or facebook stuff... 2. list your find...
yes, the team is the most important things to learn if we want to invest in any project, because a project will success or not is depends on their team then i will read their whitepaper my friend, because a good project will have a pure whitepaper not a copy from other project
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bitkanu
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July 30, 2020, 10:53:42 PM |
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to prove they're not scammer project and minimize your investment of being scam...
1. look for the team if they're legit and real human... prove to yourself if they're human and real, not fake linkin from russia, reddit or facebook stuff... 2. list your find...
yes, the team is the most important things to learn if we want to invest in any project, because a project will success or not is depends on their team then i will read their whitepaper my friend, because a good project will have a pure whitepaper not a copy from other project The team in the new project just like a brain in the project itself. It has been running all of the operations that happened in the project. When the team was a fake team and there was no chance for the ico to be a successful project. This is also the main point that needs to be analyzed before trying to invest in the ico. the fake team will always be correlated with scam ico.
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sandos
Sr. Member
Offline
Activity: 440
Merit: 250
#SWGT CERTIK Audited
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July 31, 2020, 02:57:36 AM |
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the problem even if they are real when they want to scam you cannot do anything about that.. i know some projects that did like this but after all they were all scammers. the project was successful in their ico but in the end, they end abandoning the project and their investors
There have been many projects like this in the past and their strategy was initially very impressive and attracted many investors to participate but after the sale was completed, the project disappeared very quickly. That is why I am afraid to invest in ICO projects because there is always a risk when investing. Now IEO is becoming a more upgraded version and can guarantee you liquidity if that project is IEO at big exchanges.
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Python Master
Copper Member
Jr. Member
Offline
Activity: 406
Merit: 1
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July 31, 2020, 03:41:09 AM |
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to prove they're not scammer project and minimize your investment of being scam...
1. look for the team if they're legit and real human... prove to yourself if they're human and real, not fake linkin from russia, reddit or facebook stuff... 2. list your find...
You're right. Project team members must have real LinkedIn profiles and all information must be clear. Never trust project without team information. Also, they must have some related experiences with project products, in crypto and finance field.
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lienfaye
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July 31, 2020, 04:09:39 AM |
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You're right. Project team members must have real LinkedIn profiles and all information must be clear. Never trust project without team information. Also, they must have some related experiences with project products, in crypto and finance field.
Nowadays its very easy to fake their identity thats why its a must to do an extensive research not only for the team but for their whole project. If you see an indication that it can be a scam then have doubt and think carefully. There are many scam projects existing specially the new one thus I prefer to invest in a popular coins because they already prove their uses and worth.
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vvu351
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July 31, 2020, 04:54:48 AM |
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You're right. Project team members must have real LinkedIn profiles and all information must be clear. Never trust project without team information. Also, they must have some related experiences with project products, in crypto and finance field.
Nowadays its very easy to fake their identity thats why its a must to do an extensive research not only for the team but for their whole project. If you see an indication that it can be a scam then have doubt and think carefully. There are many scam projects existing specially the new one thus I prefer to invest in a popular coins because they already prove their uses and worth. If you spend so much time analyzing the project and its team, then it is easier and I think it will be even more profitable to invest in Ethereum.
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bittraffic
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July 31, 2020, 04:58:00 AM |
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the problem even if they are real when they want to scam you cannot do anything about that.. i know some projects that did like this but after all they were all scammers. the project was successful in their ico but in the end, they end abandoning the project and their investors
There have been many projects like this in the past and their strategy was initially very impressive and attracted many investors to participate but after the sale was completed, the project disappeared very quickly. That is why I am afraid to invest in ICO projects because there is always a risk when investing. Now IEO is becoming a more upgraded version and can guarantee you liquidity if that project is IEO at big exchanges. Some of them that were caught just go on with their lives like there is no consequences to their scam actions. The only satisfying news I heard was that of the ONE coins scammer/promoter who was killed. Two of them were murdered in Mexico which is something that shold really behappening to these guys because they have destroyed lives of the investors and so should thier lives as well. Exchanges who are involve in doing IEO scam should also be penalized. P2pB2b actually were caught with fake team but stil ceast to operate.
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maxreish
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July 31, 2020, 05:03:30 AM |
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Not only the team. There are so many things we have to consider before investing in crypto projects or any crypto investments.
-Identifying risks. -Flexible management. -Product use and potential.
Better to DYOR before investing. It's good to know how those projects we are going to invest is developing at the moment, how their progress is doing so far, etc. Not because we are reading good about that project doesn't mean we are going to invest into it right away. Invest wisely.
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DraGonD
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July 31, 2020, 05:24:40 AM |
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Legit people behind the project means almost nothing for it success. Idea is much more important
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Btc_1856
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July 31, 2020, 05:37:47 AM |
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Not only the team. There are so many things we have to consider before investing in crypto projects or any crypto investments.
-Identifying risks. -Flexible management. -Product use and potential.
Better to DYOR before investing. It's good to know how those projects we are going to invest is developing at the moment, how their progress is doing so far, etc. Not because we are reading good about that project doesn't mean we are going to invest into it right away. Invest wisely.
You are right, we should be very careful when investing because without researching it is impossible to find out how potential the company is going to be, we should purchase the coin only when there are some developments in the market and it will help us to get more accurate answers from the company.
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Reid
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July 31, 2020, 05:43:21 AM |
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Video call for assurance. Since it is the normal thing to do now, they cannot just decline that request especially if you are a buyer.
I think I have said this also a hundred times here in the altcoin section especially to the bounty hunters. They want less risk, better do your homework to minimize the risk of joining a bad company to advertise.
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TheUltraElite
Legendary
Offline
Activity: 3052
Merit: 1327
Ready for diwali/halloween?
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July 31, 2020, 05:49:49 AM |
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-snip- You know you can do millions of hours of research and still get scammed. The point is that this is the internet and here everything is a joke unless you are the one who is running the scam. In a more professional way what I mean is, if you are investing into a legal security, like stocks, bonds, commodities then at least you have some regulatory body to back you if the thing turns out something illegal. But this is not the case with altcoins. If you want to make money put money in bitcoin and not in any altcoin. The scammers are intelligent enough to not reveal information on the internet that can allow them to be caught, they have learnt our scam detection tactics and thus use the pseudo-anonymity provided by crypto and the internet together to run these scams and believe me they are very successful at it.
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shadowduck
Full Member
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Activity: 840
Merit: 100
Oikos.cash | Decentralized Finance on Tron
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July 31, 2020, 06:04:40 AM |
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Video call for assurance. Since it is the normal thing to do now, they cannot just decline that request especially if you are a buyer.
I think I have said this also a hundred times here in the altcoin section especially to the bounty hunters. They want less risk, better do your homework to minimize the risk of joining a bad company to advertise.
and what stops them from stealing investors money after the video call? you made a video call with the team - they said everything is fine. A year later, they collect a lot of money and disappeared. Where will you try to find them?
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maydna
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July 31, 2020, 06:13:35 AM |
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If you spend so much time analyzing the project and its team, then it is easier and I think it will be even more profitable to invest in Ethereum.
Even if we spend much time analyzing the project and the teams, it doesn't guarantee us to find the right project because we don't know if they will not scam us or not in the future. Perhaps, you need to invest in the project with the money you can afford, so if something worst happens, you don't lose too big money, and you don't feel too sad. It is not easy to find the project because we know that many projects offer that seems too good to be true, so you must be careful choosing the project. Analyzing will the project and the team will give you much information so you can determine if investing in their project can be profitable in the future. Perhaps you can try to analyze the existing project rather than select the new project because we don't know how good their progress from time to time, especially if the market is still at the bearish trend.
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