Too many project SCAMS - PLEASE CAREFUL

[gullu]

There are many scam projects out there. But dont think all are scam. Do your own reseach and invest in the projects.
Let me tell you one thing. Its the time of NFTs now. If you are planning to invest then look into those stuff. Recent project which i invested was Alien Worlds and Rplanet. You can also invest in liquidity pools like pancakeswap, mobox and apeswap. All these are legit ones.

[wekael]

If your that new you should use an exchange of trust to avoid that scams. I would prefer binance for sure.

[poldanmig]

DeFi and NFT now have so many indications of a scam. especially those on the Binance Smart Chain network. no whitepaper. anonymous team and also low liquidity make an indication that it is a pretty strong scam. but on the other hand many people are attracted when they see the price is low enough for them to be able to promote. what is clear you have to be more careful when investing in altcoins that are not clear.

[aioc]

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.

Nothing new now, actually it's lesser now because they are exposed before they get to scam people, back 5 years ago the scammers can easily accumulate thousands or even millions of dollars by just simply creating a coin similar to Bitcoin and market it as the next big thing, newbies should learn how to differentiate real ones to fake ones before they participated to these ICO and airdrops.

[Shasha80]

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.

Nothing new now, actually it's lesser now because they are exposed before they get to scam people, back 5 years ago the scammers can easily accumulate thousands or even millions of dollars by just simply creating a coin similar to Bitcoin and market it as the next big thing, newbies should learn how to differentiate real ones to fake ones before they participated to these ICO and airdrops.

For those who have been in the crypto world for a long time, you should not be surprised by the many project scams that have sprung up.
Because indeed since 2017 when crypto began to boom, there were so many newbies who joined crypto at that time. So the scammers saw
this as an opportunity to steal money from newbies, and it proved successful, many victims of fraud at that time. And now when the market is
bullish, scammers are trying to do the same, therefore for newbies, don't be lazy to learn about the crypto world. If newbie are lazy to read,
we can learn from videos on the YouTube platform, which now has many videos that educate you on how to recognize project scams,
so we can avoid being victims of fraud.

[jerlen17]

I have been in crypto world since 2017 and i joined so many projects. Many of them are good projects but there are still scam projects. I don't know how those people can sleep peacefully at night knowing their bad intentions by scamming people. Because sometimes it is hard to identified if it is a scam or a good one. My realization was to invest only for the amount you can afford to lose.

[MadeMen]

There's no doubt that the industry is quite risky and requires a great deal of care to avoid getting hurt. In most cases we find out several innovative ways of scam which are deployed to take advantage of the ignorance of people. The best approach is to think twice and have a good grasp of the scheme before venturing.

[MFahad]

Scam is inevitable what matters is how you protect urself and your assets out there in the crypto space. Doing enough researchs about the said projects is key. Though sometimes it still fails. But then we have to be hopeful.

It's true, scams can't be avoided by anyone because scammers are always making new ways to trap everyone in the crypto space, so it's clear in this case that everyone must be good at protecting themselves so they don't get caught in a scam path.

One way to stop being trapped by the scam is to stop being greedy. Most of the times its the greed due to which we take interest in the offers which are not realistic ones. If an project is offering you a lot of free money/token and in return asking for your keys, then beware that it would be a scam.

[coinbitrade]

One way to stop being trapped by the scam is to stop being greedy. Most of the times its the greed due to which we take interest in the offers which are not realistic ones. If an project is offering you a lot of free money/token and in return asking for your keys, then beware that it would be a scam.

This is already a mentality. People with small incomes are most likely to burn out. Since they want to get everything without investing anything, such people are usually left with nothing.

[Dump3er]

One way to stop being trapped by the scam is to stop being greedy. Most of the times its the greed due to which we take interest in the offers which are not realistic ones. If an project is offering you a lot of free money/token and in return asking for your keys, then beware that it would be a scam.

This is already a mentality. People with small incomes are most likely to burn out. Since they want to get everything without investing anything, such people are usually left with nothing.

Frankly speaking that's the same for everybody who doesn't have a lot to invest. Taking risks then is so painful. You don't have much, you can't even afford to lose it but still you want to take part in all the action that is taking place in front of your eyes. That's a bad situation which often leads to such people taking too high a risk.

[Golftech]

One way to stop being trapped by the scam is to stop being greedy. Most of the times its the greed due to which we take interest in the offers which are not realistic ones. If an project is offering you a lot of free money/token and in return asking for your keys, then beware that it would be a scam.

This is already a mentality. People with small incomes are most likely to burn out. Since they want to get everything without investing anything, such people are usually left with nothing.

They are trying their luck hoping that by chance the work will gain compensation, but since they are not careful and

just participating without taking efforts to investigate, most of them will just ends up nothing, waste time and effort

recieving few to nothing in returned. There's no other way but to deal with your DYOR and wish for luck to accompany you.

[bitterguy28]

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.

Welcome to the new phase of crypto community when Scams is more than legits 

You must be used on those because you will be dealing in more of them in the next years again and again.

How much have you lose on this?

because you have not mentioned what happened instead you are just throwing words against them.

And also better name which company are you referring for clarity .

[soul-impact]

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.

Thank you for your sharing. People who are susceptible to scams are usually new people
Those who desire fast profits chong
Little-known people
They with the ambition to get rich quickly should easily fall into the virtual currency trap, the projects are not real.

[Evgenklm]

The author accurately noted that with the development of cryptocurrency, we see a new stage in the development of scam projects, sometimes I wonder how they so secretly hide under the screen of a usreshny project, even list on exchanges, and then at the right time for them simply do not get in touch and delete accounts in social networks.

[slashz9]

There are many scam projects out there. But dont think all are scam. Do your own reseach and invest in the projects.
Let me tell you one thing. Its the time of NFTs now. If you are planning to invest then look into those stuff. Recent project which i invested was Alien Worlds and Rplanet. You can also invest in liquidity pools like pancakeswap, mobox and apeswap. All these are legit ones.

I agree because Fomo or the nft hype is ongoing now seeing projects that have nft in them is not a bad choice but of course you have to do research on the project as well.some projects also provide airdrop in the form of nft which may later be traded.

[SacriFries11]

There are many scam projects out there. But dont think all are scam. Do your own research and invest in the projects.
Let me tell you one thing. Its the time of NFTs now. If you are planning to invest then look into those stuff. Recent project which i invested was Alien Worlds and Rplanet. You can also invest in liquidity pools like pancakeswap, mobox and apeswap. All these are legit ones.

NFT projects are hot right now. It's good thing that there are project like these which is legitimate. Many investors don't trust anymore in crowdfunding. Many preferred to used other methods like Launchpad in Binance or get whitelist to get early access to buy tokens. I think bounty hunters, and investors are now learning about how to determine which project is legitimate with that, scammers are now less. Active groups, good feedbacks and proofs about the project, these will add more points in which we can determine the project is not scam.

[fahmimajannat]

Lots of projects are scamming these days.
They are getting more and more greedy.
But at the end peoples money are losing.
So be aware of these kinds of porjects. So that you can save Your asset

[rahmatullah9305]

Lots of projects are scamming these days.
They are getting more and more greedy.
But at the end peoples money are losing.
So be aware of these kinds of porjects. So that you can save Your asset

Actually all projects must be watched out so that we want to research them completely before we believe in them, this is why analysis and research always take precedence over having to believe right away.

[Samurai trieng]

indeed there are many scam projects in the cryptocurrency world, but there are also many good ICOs that pay us, preferably before you participate in a project, do a more in-depth research on the ins and outs of the project.  if you do, it is unlikely that the project you participate in will become a scam,

[izsara]

Ponzi schemes have mushroomed countless times, the problem now is the awareness of everyone, especially new people in the crypto world as well as greedy people who are still deceived by this kind of thing.
there are so many cases of people losing their assets because the investment in which is fraud and not nonsense, this is still a lot of people who are caught.
please stop doing this kind of thing, at least think ahead and don't be too careless in choosing something because fraud is all around us