Too many project SCAMS - PLEASE CAREFUL

[repear7]

Scam increasing day by day. We can see crypto based scam project too much. Investors should be careful.

scammers scamming various cryptocurrency by showing temptation of profit.

[New_order]

Scam projects rise in numbers when new strategy or ideas are been born in crypto space, right now DeFi projects are the most attract to scammers right now, so if DeFi is on your mind make sure you walk carefully and do deep research first

[Banulit]

Getting involved in cryptocurrencies and crypto world, you really need to be wiser, more vigilant and more cautious in order to avoid fraudulent and scam because there are plenty of advantage taker and scammer just roaming around the crypto world waiting for their victim. Keep in mind those attributes in order not to fall on their traps.

[terible.hunter]

The situation today reminds me of 2017, when the market was just seething with scam and a lot of people stopped investing. It was an ICO boom now there is no ICO but there are decentralized exchanges that sell ETH tokens. Isn't it the same? =)

[juanda]

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.

I agree with your opinion because the price of bitcoin soared makes it easier for scammers to commit fraud by creating a virtual website for investment with a payment method using bitcoin. I hope we can all tell the difference between the original project and the scam project. so that we can avoid scam projects and lose the assets we already have.

[Btcvilla]

Scam project coming from ICO or IEO although you see listed on bigger exchange, I think scam project not only developer run away and not responsibility with his coin but scam project have lower price under IEO or ICO, they not have any way how to make ICO and IEO have higher price, never take risk with scam project basic on ICO or IEO.

[Renampun]

Scam project coming from ICO or IEO although you see listed on bigger exchange, I think scam project not only developer run away and not responsibility with his coin but scam project have lower price under IEO or ICO, they not have any way how to make ICO and IEO have higher price, never take risk with scam project basic on ICO or IEO.

buying tokens/coins when IEO on major exchanges does not guarantee we will be safe...
requires more research on a project so that our funds can be safe when we invest. there are also many tokens/coins that IEO at Binance and probit end up scam or have no value because there is no seriousness from the developer towards their coins/tokens.

[angrynerd88]

Different tricks are as of now clear for the past a long time and we cannot halt them. That's why it's moreover a portion of getting into crypto space is to know how to maintain a strategic distance from and keep yourself secure from scammers. Since the selection is ceaselessly developing, more scammers will utilize it to mislead tenderfoots. Keep in mind to continuously take care with ventures you're choosing and to continuously do earlier investigate.

[RabbiTANK]

Scam project coming from ICO or IEO although you see listed on bigger exchange, I think scam project not only developer run away and not responsibility with his coin but scam project have lower price under IEO or ICO, they not have any way how to make ICO and IEO have higher price, never take risk with scam project basic on ICO or IEO.

buying tokens/coins when IEO on major exchanges does not guarantee we will be safe...
requires more research on a project so that our funds can be safe when we invest. there are also many tokens/coins that IEO at Binance and probit end up scam or have no value because there is no seriousness from the developer towards their coins/tokens.

Buying tokens from top exchanges IEO is far more safer than anything in crypto space right now, top exchanges don't just bring any random project for investors to invest money on, the projects are always top notch, still I still recommend doing your own research first, binance launchpad never failed me

[Danslip]

Guys, we can't ignore scammers and we can't completely clean the crypto industry from the scams. The scammers are there for cleaning the market from weak hands who have ignored the simple investment rules it is not ethical but mother nature is cruel always. Be careful and don't believe everything you see on advertisement channels.

Scam project coming from ICO or IEO although you see listed on bigger exchange, I think scam project not only developer run away and not responsibility with his coin but scam project have lower price under IEO or ICO, they not have any way how to make ICO and IEO have higher price, never take risk with scam project basic on ICO or IEO.

buying tokens/coins when IEO on major exchanges does not guarantee we will be safe...
requires more research on a project so that our funds can be safe when we invest. there are also many tokens/coins that IEO at Binance and probit end up scam or have no value because there is no seriousness from the developer towards their coins/tokens.

Buying tokens from top exchanges IEO is far more safer than anything in crypto space right now, top exchanges don't just bring any random project for investors to invest money on, the projects are always top notch, still I still recommend doing your own research first, binance launchpad never failed me

Mate, those days are gone. It is harder now to find the safe IEO on well-known exchanges, almost all projects tend to take token sale offers of small exchanges. Investing is hard in the new projects but some projects still worth taking risks in the long term. Binance Launchpad is dead too, I am sure there is no more than 1 successfully launched IEO project on Binance per month.

[silverston]

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.

The cryptocurrency market has always been and will be a huge number of scammers and hackers. Everyone who has been on the market for a long time knows this and uses all precautions so as not to lose their money (for example, Trezor cold wallets). And all the addresses to which you transfer money and sites must be rechecked several times!

[doctor877]

This kind of schemes will not stop, they keep coming back everytime but you have to be careful of such projects. Don't give to get free things, only invest in project that is worth it by researching it well enough.

[RussianEnglishTranslation]

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.

This is true but mostly for what is called "meme" tokens. The biggest tricks are ICO/IEO exit scams and Uniswap rug-pulls. I've fallen for at least two rug-pulls so far.

[Btcvilla]

Many time I found with scam project and the owner always the same person with last scam project, there are we know investor most stupid why can't identify with scam project or not. Now not have any chance with ICO and IEO best way for investing because almost scammer make ICO and IEO project without listing on exchange market after ICO ended.

[AssociatesBumble579]

Scammers in the crypto world are always there, even they use various ways to earn money easily. To date, there is no solution to the scam project it is difficult to distinguish between good and bad projects sometimes they disappear halfway so we really should careful when choosing the project to invest in. Newbies will always get victimized so I hope they aware of scam projects. I think you need to be careful not only about investments but in general about everything related to cryptocurrency.

[dainoran]

Scammers in the crypto world are always there, even they use various ways to earn money easily. To date, there is no solution to the scam project it is difficult to distinguish between good and bad projects sometimes they disappear halfway so we really should careful when choosing the project to invest in. Newbies will always get victimized so I hope they aware of scam projects. I think you need to be careful not only about investments but in general about everything related to cryptocurrency.

It looks like you are making newbies afraid to do anything in cryptocurrency, because being careful here doesn't mean having to watch without doing anything, but being careful in choosing and following all programs in cryptocurrency so that in-depth research and analysis is always needed by everyone inside crypto.

at least you must give them a solution how to avoid the scam projects. depth research and analysis still not enough. every scammers are really smart day by day. they look like very serious about their projects, then disappear after the sale. there are so many ways for us to earn some profit from cryptocurrencies. we can do a daily trading or investing our money in trustworthy coins for a long time. don't focus only on ICO projects, IEO, etc. but i'm sure todays some newbies won't involve themselves with cryptocurrency without knowing anything.

[kesmex]

Scammers in the crypto world are always there, even they use various ways to earn money easily. To date, there is no solution to the scam project it is difficult to distinguish between good and bad projects sometimes they disappear halfway so we really should careful when choosing the project to invest in. Newbies will always get victimized so I hope they aware of scam projects. I think you need to be careful not only about investments but in general about everything related to cryptocurrency.

It looks like you are making newbies afraid to do anything in cryptocurrency, because being careful here doesn't mean having to watch without doing anything, but being careful in choosing and following all programs in cryptocurrency so that in-depth research and analysis is always needed by everyone inside crypto.

Indeed, before joining the project, make sure we have to do research first,
and that I think is very important to do because we know for ourselves many projects that end in a scam,
I hope we can all avoid a project like that because it's very unsettling for sure,
and I hope the newbies are not swayed by what he has to say

[max6575]

as developer gains with chance as improving release with the decision on referring models, investors might have with details of contrast of information about the project as running with the development. and soon to follows with chance as disputing funds and resource to work on involvement with the project.

[Traderbtcc]

Create an investment website for the purpose of calling for investment,

This are all scams, they are all over the place right now, one should be careful not  to fall for this scammers and their promises of giving you high profits in return, just stay away from any crypto doubler.

- Create an airdrop that calls for people to deposit fees to pay tokens

As long as you don't pay to receive tokens you're free to participate in any airdrop, but once a certain amount of fee is required to send the free tokens to you just know in your heart that it's a scam, airdrops are free tokens for freebies who would perform a certain task like Retweeting a post, following a Twitter account etc to be able to qualify for the airdrop, so if at the end you're asked to pay to recieve the tokens just walk away it's a scam.

[sgenuine]

    Scams are pretty common and are everywhere not just in this industry but also in our daily lives. If one is dumb enoigh to get scammed, that means he or she never bothered to invest enough time in learning about this industry or where he or she is. Do not let yourself be a victim, learn to swim first before you dive. And if you were already scammed once, learn your lesson well and be more prepared for next time so you won't fall for scams ever again.

Where no legal regulation there will always be a place for fraud. So the question itself arises why the creators and developers of the Ethereum platform, on which most of the scam is created, do not take any measures to combat this phenomenon?