Too many project SCAMS - PLEASE CAREFUL

[ardentvolcanoes]

yes, it is true that fraud is always around us and scammers have thousands of ways to deceive their victims. but you seem to have forgotten to mention Defi. Nowadays Defi trend has become a new alternative to Scam action and you / anyone should be careful and alert before taking part in it.

Without knowledge better to stay away, riding with this project is very risky though chances to gain is very possible if you have strong knowledge

as taking your investment will allow you to position yourself in the place and in the right time. Everything that you needed are learnable the more

you have your interest the more you can pick the right project away from any scammers around.

[1715306693]

1715306693

[1715306693]

1715306693

[Kabul]

Everyone needs to rise their awareness so as to spot out any scam project. Not many investors are as smart as us and therefore, we have a duty to expose and destroy scam projects. In 2017, there were hundreds of shady projects created just for only one reason: to deceive investors and steal their money. Right now, we are standing at the middle of the all time high and no doubt that thieves try to abuse the situation.

Be careful. You are free to ask anything on this forum. Therefore, make a question before investing in any shady project

[xiboothrezi]

~

I think you need to add 2 more examples since that's currently FOMO and HYPE right now :
- Anything with DEFI project
- DEXs and Swap service giving free airdrop (e.g. Uniswap, 1nch exchanges)

and this is what scammers use to attract the attention of the masses. on behalf of DeFi, trying to get broad market support, unfortunately, it is not supported by a clear product,
so it seems rushed and gradually disappears.

Lately, there have also been many new DEXs that require us to link them to our wallets, be careful, it could be a trap that puts your assets at risk. make sure to use a separate wallet from your main wallet,
always be careful.

[makishart]

yes, it is true that fraud is always around us and scammers have thousands of ways to deceive their victims. but you seem to have forgotten to mention Defi. Nowadays Defi trend has become a new alternative to Scam action and you / anyone should be careful and alert before taking part in it.

The scammers were moving to the new trend and they were creating the fake project to fool the investors. Defi trend has become the way for scammer to scamming the investors.
People should do DYOR before try to participate in any defi ico even the defi ico that claimed already locked its liquidity can do rug pull.
it's too risky to participate on it right now.
The scammers become even smarter than before consider they started to use the various action command for smartcontract.

[rhodelmabanal]

It is not new in crypto scammers are always there and the only way to avoid scammer is to search on the project that you want to invest and be careful on investing, if it involves money and asset we need to be more careful because it is really hard to earn money and if we fall into scammers im sure that all our money and asset will be gone. The only problem is to identify the scam and legit poject, i believe that the legitimate project is being handled by the trusted team, so we need to search the team background history.

[Dr.Osh]

maybe the best project is one that has a physical form, or something that is currently very useful. however, there are already quite a few projects that have become scams that have no real programs. In fact, from various types of crypto project fields that have concepts such as gold, robots, AI, and others, many have become scams at this time.

[fuer44]

almost all the methods are the same so it will be very difficult to detect. At the start of the bounty, everything will go very well, from rules, spreadsheet calculations to distribution. but what will be difficult is when waiting for coins to be listed on the exchanger, it will definitely take a very long time. and the possibility is that it is a scam, or it is already listed but the exchange rate is so low it can also be called a scammer.

[saffira]

Thank you for your advice. I experienced many projects which smoothly flows until end and tokens are distributed. The problem is I am waiting on listing. Unfortunately,until now they are not on exchange. It is hard to detect. Scammers are everywhere and yes we should be very careful.

[bitkanu]

Thank you for your advice. I experienced many projects which smoothly flows until end and tokens are distributed. The problem is I am waiting on listing. Unfortunately,until now they are not on exchange. It is hard to detect. Scammers are everywhere and yes we should be very careful.

The listing can be done only by the developers but as supporters and you can also try to ask the exchange site to list your token but the problem is I didn't even believe there will be a supporter that wanna try to put his money into the risk or paid the listing fees. If the developers already raised million dollars worth of money and then that indicates if the developers were scammers.

[msarro]

By the end of 2020, along with the strong growth of Bitcoin, some people used the trust of many to scam.
For example:
- Create virtual projects,
- Create virtual tokens,
- Create an investment website for the purpose of calling for investment,
- Create an airdrop that calls for people to deposit fees to pay tokens
- ....
Everyone should be careful when participating in projects like that.
Thank you so much.

Even when the Bitcoin was not in its all time high there's a lot of scam projects already that scattered not just here on the forum but also off the forum, that's why it's important to make your own research and study the project.

[MonaLeeTracy]

Especially many Defi projects which in my opinion are only fraudulent schemes. I've almost been fooled several times. better avoid your risk of investing in unclear Defi or new altcoins. This is the same as you are gambling because you don't know in the future they will be accepted by the market or not. so many scams that have occurred nowadays

[Kid4U]

By the end of 2020, along with the strong growth of Bitcoin, some people used the trust of many to scam.
For example:
- Create virtual projects,
- Create virtual tokens,
- Create an investment website for the purpose of calling for investment,
- Create an airdrop that calls for people to deposit fees to pay tokens
- ....
Everyone should be careful when participating in projects like that.
Thank you so much.

thats a great advice for me and aslo for everyone who are intrested to invest in new project
but now i am adding one more to this that those project who force you or request you to invest
they must not be genuine. project because genuine project impress people by his roadmap planing and his project concept
so those reason people love to invest in his project.

[magnum cyber]

Most new projects have websites that promise or look real so it can be quite difficult to determine which ones are real and fake. Many people misuse the crypto industry as a dirty income field, scammers are always around us and anyone needs to be careful before putting money into any project.

[GbitG]

Most new projects have websites that promise or look real so it can be quite difficult to determine which ones are real and fake. Many people misuse the crypto industry as a dirty income field, scammers are always around us and anyone needs to be careful before putting money into any project.

Scammers are all around not only in crypto because they have same mind but different faces for dirty income from innocent peoples but for this all we have to be very careful because if we able to check all related things about project this can help us a lot and we can avoid these scam projects mostly greediness kills because most of investors after having news about good profit want to take advantage and lost money we need to guide them about this all with better way.

[arifteguhr]

Most new projects have websites that promise or look real so it can be quite difficult to determine which ones are real and fake. Many people misuse the crypto industry as a dirty income field, scammers are always around us and anyone needs to be careful before putting money into any project.

They all just want to take investors' money. We can see that the average after sales and listings are no longer updating. This is a huge scam scheme in my opinion that discourages many people from investing in new altcoins. we just don't know whether the future is good or not.

[trauchot]

Unfortunately, this has always been and will always be, because the cryptocurrency sphere is becoming more and more popular every day and scammers understand that in the cryptocurrency sphere they can very easily deceive people and earn millions, so nothing can be done here and we must always be very careful.

[isaac_clarke22]

~

Those are just type of projects that aren't into long-term actually. They're just there for a short-term profit and then abandoning the coin like an exit scam, leaving no traces behind. Not sure why people still believe in airdrops, as if the last one I've got long time ago tried to put me and bait me into their phishing MEW site.

[sapnu]

Well scammers will do anything to scam people and for sure many people still get victims of scams especially newbies that has no knowledge about cryptocurrencies. I hope newbies will notice this thread just to warn them about kind of scams in crypto space. There is no easy money nor doubling your money in some sites, it is a scam for sure.

There are indeed lots of scammers out there who want to take advantage of the ignorance of other people, their main goal is to get the money. That is why every person who wants to start making money here, make sure you are well-informed about cryptocurrency and about choosing a particular project you want to invest your money in, there are some things you should consider before choosing a particular project. That is make sure that your money can grow bigger without losing it.

[ScamViruS]

Most new projects have websites that promise or look real so it can be quite difficult to determine which ones are real and fake. Many people misuse the crypto industry as a dirty income field, scammers are always around us and anyone needs to be careful before putting money into any project.

It is really difficult for newbies to find out which is the original and which is the fake website. The right information should be taken to protect yourself from scams by refraining from investing as soon as you start your crypto journey.

Crypto users who rush to invest are often the victims of scams by scammers. Investing in a lucrative offer is like handing over your money to someone else, and he will run away with your money anytime.

[flagpara]

Already so many times in the cryptocurrency market, every time scam projects are more available than legitimate. We can only minimize all of the scam projects, but can stop it. Scam projects are more available by this growth of cryptocurrency. Advice won't work every time, we should learn to check everything about new projects.