Too many project SCAMS - PLEASE CAREFUL

[Chainsmokers]

to date there is no solution to the scam project it is difficult to distinguish between good and bad projects sometimes they disappear at halfway
and they disappear at the time of sale if you want to avoid a scam project, my solutions are thorough and always follow the developments

[AmoreJaz]

to date there is no solution to the scam project it is difficult to distinguish between good and bad projects sometimes they disappear at halfway
and they disappear at the time of sale if you want to avoid a scam project, my solutions are thorough and always follow the developments

this is why i stopped investing in those projects a long time ago. because even if you do your research and the project is seemingly legit, with all the published profiles of their team members, with well-written wp, still, no assurance that the project will be successful. they may not be scammers. but if the platform will not hit it off in the market, they will still be a failure and they will just abandon their project. now, how can you get your investments back? not anymore, it's considered gone. so i guess, the best way to avoid being screwed, is not to invest with new projects. stay with top and established alts for now.

[Yamifoud]

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.

You will fall into them if you let things happen.
Any stupid promises and attractive offering could make greedy people suffered losses. This kind of trick has been widely spread around, it was really hard to find if that particular project is a scam. In fact, even some investors who have been in the market for a long time have also become victim to this as in the first impression you can't see that was a scam but a potential project and later on, they just realize that they got caught into them.

[Action Gamble]

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.

scam projects were an issue from the beginning of ICOs, but they were not as much as they are today, it is really absurd, back in 2017 a scam project was a discussion topic for all bitcointalk users, because we weren't that used to it, but now sadly, scam projects are part of the crypto community.

[shinratensei_]

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's easy to determine the scam project. The scam project will always try to mention fake partnership or something else. Scammers are everywhere and people who are hating crypto will always try to say that crypto is bad or something else. I have been hearing this since a few years ago before crypto becomes famous.
It's a common thing to see there are some people still saying it right now.

[culuuton]

maybe everyone already knows all of your suggestions, but in the crypto world anything can happen and cannot be predicted,
research must continue to be done and I think there will be ways of scammers to cheat in the future.

Fraud methods aren't new, but they are always improving with trends. Defi projects are the main direction where scammers aim to trick you, people's greed is too great when they see defi projects skyrocketing, wary of ourselves.

[TastyChillySauce00]

maybe everyone already knows all of your suggestions, but in the crypto world anything can happen and cannot be predicted,
research must continue to be done and I think there will be ways of scammers to cheat in the future.

Scammers will always there and this will be forever because the scammers were coming from the intention of someone to get the money easily by fooling others.
DYOR is a must and anyone must always try to do the best to analyze the scam project. This will prevent the scam project to scam them all.
There are bunch of scam projects right now, especially from the defi field. People must put DYOR as the priority.

[plvbob0070]

Various scams are already apparent for the past years and we cannot stop them. That's why it's also a part of getting into crypto space is to know how to avoid and keep yourself safe from scammers. Since the adoption is continuously growing, more scammers will use it to delude beginners. Remember to always be careful with projects you are choosing and to always do prior research.

And some of them are hiding as new projects in the crypto space. so be careful because they will use all the good stuff whitepaper roadmap just to get what they want which is your hardwork money. Invest only in legitimate project and don't be FOMO with a new coins with high price they will all lost its value someday so be careful.

It is a typical form of fraud that can be detected by a thorough evaluation of the content of the website and whitepaper. Thus, it should be prioritized as it will be the guide in identifying the underlying loopholes in the project. Furthermore, it is useful in understanding the proposition of the project in a specific issue. Unfortunately, some investors are influenced by greed and invest in a project that proposes a high-yield profit. In which they take the risk despite seeing the red flag, such as questionable ROI, poor content whitepaper, and website, fake teams. Regardless, they should be responsible and wise in trusting people with their funds.

[shoreno]

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's easy to determine the scam project. The scam project will always try to mention fake partnership or something else. Scammers are everywhere and people who are hating crypto will always try to say that crypto is bad or something else. I have been hearing this since a few years ago before crypto becomes famous.
It's a common thing to see there are some people still saying it right now.

there are websites that are easy to spot and there are profesionaly made but scam inside . not all are easy to spot if they are a scam and who would have thought that a project that has a partnership to some big companies a scam ? but basically investors jump on to the conclusion and will say this is legit and i will invest on it because i smell big profit but again research should be done first . there are crypto haters but they can hate crypto for different reason and not because they see that there are so many scams on it

[Teraboy]

I agree with this opinion because currently there are indeed a lot of projects that scamer beginner investors, so before participating in a project you must pay attention to the important points of a project that does not commit fraud.

There are lots of awareness about this but it's sad that there are still so many people abandon this awareness. So many times some members have been creating the thread about that but the hunters are still trying to put all of their effort to get the more projects based on the quantity rather than quality.
The hunters must realize it and if they keep doing what they have been doing and the scammers can fool them all.

[gabbie2010]

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.

Indeed, it would be better to research the project first in order to minimize risks.
the fact is there are many scam projects here so we have to be careful not to get caught in a scam project

Cryptos are in bullish trend now thus opportunities has been unveiled for scammers to steal from gullible or newbies, they devised all sort of tricks to scam investors, some of them use YouTube showing fake profits in a bid to entice viewers to pay some amount of coin I always emphasizes on doing thorough research before investing on any projects. It quite unfortunate despite all this warning some people will still go ahead and invest those projects especially the so-called DeFis.

[dotcoin.info]

All of the above mentioned by you happened both in the last bull run and throughout the entire time between them.
It's just that during periods of a bearish trend, there are fewer scammers, since deceived people try not to fall into the same trap twice. But in the current case, many new people come to the market and fall prey to scam.

[BitindaHouse]

I agree with this opinion that in 2020 there were many scammers .2017 was the same. We must not despair and continue to work, invest and carefully check projects. !!!!!!!

[Roidz]

I agree with this opinion that in 2020 there were many scammers .2017 was the same. We must not despair and continue to work, invest and carefully check projects. !!!!!!!

where there is big money spinning, of course there will be opportunities for people to commit fraud, including in crypto investment which does seem to be a pretty good land for scammers to get money, as a bounty hunter of course we have a big enough responsibility in promoting a crypto project. so of course we must always be vigilant and careful in choosing a project for us to follow so that we don't get caught up in a scam project that harms us and the investors later.

[sayaya17]

Scammers in the crypto world are always there, even they use various ways to earn  money easily. So for  beginners do not get  caught up
with offers that promise a lot of refunds. Like an airdrop with a big prize, but you have to  spend a  certain  amount  of ethereum or bitcoin
to get the prize. Don’t do that, even if the requested amount is not large. If multiplied by a thousand people who send, it will be enormous.

[Flowzer]

As long as you don't have to spend money to take part in the airdrop or the like you can follow it,
but if you have to pay money, then don't follow it, because the possibility of a scam is very big, as an investor you must understand this trick, most real projects give for free, but scam projects require you to pay money to take your reward.

For airdrop you can do like that, but at least for bounty we need to invest more time to know about the project, because we will invest our time for doing some bounty task. I hope 2021 is a good year for many new project 

[dainoran]

I agree with this opinion that in 2020 there were many scammers .2017 was the same. We must not despair and continue to work, invest and carefully check projects. !!!!!!!

the amount of scammers will increase year after year. moreover, some projects have a good improvement continously. it's a good progress. but nowaday, it's easy for some people to create some fake token/coins now, which mean they also give a chance for scammers to do their action.

[Pamadar]

I agree with this opinion that in 2020 there were many scammers .2017 was the same. We must not despair and continue to work, invest and carefully check projects. !!!!!!!

the amount of scammers will increase year after year. moreover, some projects have a good improvement continously. it's a good progress. but nowaday, it's easy for some people to create some fake token/coins now, which mean they also give a chance for scammers to do their action.

Scammers are multiplying each year, they can adopt every updates and developments.

Be very careful as there are scammers who are good hiding from this market, they can easily create tokens that we may think is good
enough or trustable enough but in the long term process once they've already achieve their targets they'll just simply runaway with investors money living the project to die along the way.

[raidarksword]

There were lots of scam airdrops and bounties  in crypto industry last year that's why i am being lazy now to join those types of waste of time airdrops and bounties. For newbies, always check the legitimacy as much as possible, if too good to be true then make a second thought of joining.

[ipanks]

After bitcoin price increasing, many project release at the market and many of them attract many investors to invest in every project. Still, unfortunately, many of them do not search for more info about the project. The investors attract to that project because they read on social media and other websites that the project will have success in the future, and the team can convince them to invest in that project. But it will not take too long to know the project scams them or not because after they give them money, people behind on the project will run away with the money without telling the people.