Is it possible to avoid all scams?

[Marykeller]

Scams have been in existence for ages before the creation of bitcoin. It's quite unfortunate that we find ourselves among scammers duping us of our hard earn money in the crypto sphere. As it stands now there's nothing no one can do to get rid of scammers cos they do operate in different forms, promising good fortune to their investors which will end up being a scam.
The best and only way to follow them is to report them when you see one. By so doing we'll be able to reduce the number of people that will fall into their fraudulent acts in crypto.

[pawanjain]

I will be honest and as a newbie in the past I had been scammed a few times too and I must say that all you newbies are really lucky.
You people have all the information that is needed to prevent yourself from being scammed but back in those days falling prey to a scam was really easy.
I have learnt from my experience and was never scammed from the past 4 years. We can prevent ourself from getting scammed by taking the necessary security measures.
There are many types of scams happening every week, try to read about it and find out how scammers scam the people.
Learn from the mistakes of others and it will help you from getting scammed.

[Zanab247]

Scammers are everywhere in the community but there are some ways to avoid them and also to identify them in any particular environment. The best way to avoid them is to be more active in the forum information, so that you can get all the information you need to avoid scam in the community.  Never you run after cheap things in the community because those are the things scammers use to scam altcoin investors and also to reduce them in profit making. Always make your personal research before approaching any projects because there are some fake projects in the market .
Always listen to your facilitators in the community for you to be free from  scammers in the market.

[meldrio1]

No you can not avoid all scams because there is high risk when investing in cryptocurrency or the project like some of the projects looks legit but end it up scam. The scammers are smart now so you must be careful when investing the project, just carefully research the project so you will not losing money easily.

[NelfiNovita]

I suggest not buying random coins because we can be tricked by coins that give false hope that their coins will go very high. Before buying coins, we better go to their website so we can get clearer information about their project. In addition we also have to look at their social media, from their social media we can get information from their followers whether many recommend that the coin is very good or not.

[carlisle1]

No you can not avoid all scams because there is high risk when investing in cryptocurrency or the project like some of the projects looks legit but end it up scam. The scammers are smart now so you must be careful when investing the project, just carefully research the project so you will not losing money easily.

Scammers are everywhere, even there's a project that will introduce this kind of features scammer will simply find ways.

Admit it, they are also reading and doing their own research, they are better in finding the suitable ways to attract and allure their targets,
it's better to keep digging and make sure to investigate before your invest your money to any available prospect that you have in mind.

taking your time is your number one tool, it will save your butt with the scammers.

[Coin BTC]

Do you think it is possible to completely get rid of scams?

Hello everybody. I think everyone who has ever been involved in cryptocurrency investments is interested in the question of how to protect themselves from scams and loss of money. Recently I learned about the CheckDot project, which creates a platform with which it will be possible to get an assessment of any project in the blockchain world. In theory, this way you can get rid of a lot of scams, but does it help?

What do you think, is it possible to somehow get rid of scams among crypto projects?

Perhaps the most basic question is can the CheckDot site be trusted? The extent to which the role and function of their team in assessing a project. Are they almost the same as the SEC in auditing crypto? Because previously there were sites that gave ratings to new projects, and we choose the best rating with a verified team, but in the end, there were also scams.

[matjas]

Do you think it is possible to completely get rid of scams?

Hello everybody. I think everyone who has ever been involved in cryptocurrency investments is interested in the question of how to protect themselves from scams and loss of money. Recently I learned about the CheckDot project, which creates a platform with which it will be possible to get an assessment of any project in the blockchain world. In theory, this way you can get rid of a lot of scams, but does it help?

What do you think, is it possible to somehow get rid of scams among crypto projects?

It is possible if you stick to well recognized and most valued projects. Unfortunately, most of us are blinded by the huge gains of shitcoins and become easy target for scammers, but if you are not too greedy, you will be able to avoid unreal promises and stick to top gems which have a solid team behind who doesnt hide behind anonymity.   

[RealMalatesta]

I think everyone who has ever been involved in cryptocurrency investments is interested in the question of how to protect themselves from scams and loss of money. Recently I learned about the CheckDot project, which creates a platform with which it will be possible to get an assessment of any project in the blockchain world. In theory, this way you can get rid of a lot of scams, but does it help?

Rather than being alone, having this kind of services to help us to find out scams definitely a good thing to have in this crypto space because each and every day we need to face lots of scam attempts and just by ignoring alone lots of people are protecting themselves. But, if you turn greedy then definitely you will end up got cheating/hacked. So, I have to appreciate your efforts heading up about this service.

Still, just by checking with this website alone will not protect us completely. We need to learn how usually scams are happening and how to spot out it and how to ignore it. Because, only self awareness alone I will help anyone at any kind of situations because no website will be capable of covering all type of scam attempts.

[karanggatak]

nope.
people always have one experience about scam, it can be good experience because the best teacher is experience. people need to know how it feel, loss fund because of scam. people will get from investing, new ICO, or doing task from new ICO, or the other site.
scammer have power to make you trust more and more, so you will be attracted by their word

[o48o]

Its so easy to prevent, just always keep in mind to always make research if someone offer you something around the internet or you need something especially when it comes buying stuff and etc. Be aware! Specific information is a must wherein never trust anyone remember that. . Don't easily fall to anything such what you see around the internet because that's how its start or should i say most common mistake of newbies..  So be smart or stay away instead for your safety.

I wouldn't go as far as "easy". You need to be aware of LOTS of things and even if you are aware of most tricks, you are still in a risk of trusted third parties getting hacked or exit scamming, your accounts hacked and numerous ways people will try to social engineer your keys.

But there's one good rule. If something is too good to be true, someone is most likely scamming you.

[isaac_clarke22]

Can you also depend on that whatever platform you mentioned to avoid scams? Such platforms won't guarantee you that they can just "assess" a project head on.
Why depend on another project when can you just assess it by your own?
I recall OP mentioning CheckDot project quite few times now from his other post history.

[blockman]

It is possible if most of us are educated about what scams are. But there will always be the newbies that are not aware of it and just learning the process through their experience.
But as talking about the possibility that all of us of being literate about determining the scams then it's a no. We need to be the majority to deal and tackle about knowing the scams so everyone can avoid it.

[DanWalker]

Do you think it is possible to completely get rid of scams?
Hello everybody. I think everyone who has ever been involved in cryptocurrency investments is interested in the question of how to protect themselves from scams and loss of money. Recently I learned about the CheckDot project, which creates a platform with which it will be possible to get an assessment of any project in the blockchain world. In theory, this way you can get rid of a lot of scams, but does it help?
What do you think, is it possible to somehow get rid of scams among crypto projects?

I think it's possible to be safe from scams if you don't talk to strangers online, don't access unfamiliar websites, don't reply to unfamiliar emails, don't install unfamiliar software. Safety in the online world depends entirely on yourself, The smarter you are, the safer you will be.. Most of the scams are due to greed, so it is possible to be safe from scams by controlling greed and focusing on reality.

[n0ne]

Getting rid of scams is possible. For the same you need to be highly systematic. You should not allow people to follow you, and if someone looks to be a scammer just open it silently, so that the news can spread easily. Scams too have everything in a perfect manner which won't initiate any doubt. It is our responsibility to stay safe in all possible ways.

[bitgov]

Do you think it is possible to completely get rid of scams?

Hello everybody. I think everyone who has ever been involved in cryptocurrency investments is interested in the question of how to protect themselves from scams and loss of money. Recently I learned about the CheckDot project, which creates a platform with which it will be possible to get an assessment of any project in the blockchain world. In theory, this way you can get rid of a lot of scams, but does it help?

What do you think, is it possible to somehow get rid of scams among crypto projects?

The short answer: of course is that scams cannot be avoided. Wherever there is money, scams take place (unfortunately, such things happen even in families).
In my experience, I know that the more clearly a project tries to prove that it is not a scam, the more suspicious it is, so I will stay away from the project you are talking about.

[TelolettOm]

Do you think it is possible to completely get rid of scams?

Every investment will always involve risks and one of the most common risks that happen is this scam. Many scam projects are always coming up in order to scam and deceive people commonly with greediness and newbies to be trapped in the scam circle.
Btw, we cannot stop scam projects because this may be one of the most alluring and worthy world done by those scammers or robbers in this case.
We cannot control the people n the world to do or not do something moreover in this crypto world, there is no organization or specific rules about this.
But, we can avoid being scammed y being more and more careful, smarter, and also not hyped from new projects or investment that seem very worthy over and over

[justdimin]

I will be honest and as a newbie in the past I had been scammed a few times too and I must say that all you newbies are really lucky.
You people have all the information that is needed to prevent yourself from being scammed but back in those days falling prey to a scam was really easy.
I have learnt from my experience and was never scammed from the past 4 years. We can prevent ourself from getting scammed by taking the necessary security measures.
There are many types of scams happening every week, try to read about it and find out how scammers scam the people.
Learn from the mistakes of others and it will help you from getting scammed.

When I first started it was such a horrible situation that we literally would get scammed on our very first day. It was a very wild west type of place where everyone would scam everyone and nobody would be able to do anything. Right now the laws are better, the information is better, sharing who is dangerous and what type of scams are out there and many other things are out there.

It is a lot harder to get scammed but nowadays people are getting scammed collectively a lot more, and the amount is a lot more as well. Back in the day when even the biggest mt.gox happened the dollar amount wasn't as huge as some of the scams that happened recently, I have seen as high as 1 billion dollars for a scam, so individual ones are getting fewer but collective ones are increasing.

[MaDeidre]

Many novices will be deceived because they are inexperienced. But there are also many experienced people who are deceived, because people are greedy by nature, they will confidently think that no one can deceive them, and some scammer projects will be very mature, so that people can't see the goodness of this project. Bad. Many people believe it and lose their money. We can only be more careful when investing and don't trust anyone lightly. Don't be too greedy.

[Botnake]

Many novices will be deceived because they are inexperienced. But there are also many experienced people who are deceived, because people are greedy by nature, they will confidently think that no one can deceive them, and some scammer projects will be very mature, so that people can't see the goodness of this project. Bad. Many people believe it and lose their money. We can only be more careful when investing and don't trust anyone lightly. Don't be too greedy.

Well, no one is excused from scams. Although its more visible for those novices, but its also prone to happen even with those early investors in cryptocurrency. No matter how careful or vigilant you are in your investments, there are really those times that we got scam without it knowing. Maybe greed is also a big factor too since we always long for more profits so we end up investing in those projects that offer higher profits compared to those legit ones. And being overconfident too in our own accounts that sometimes we tend to forget how to be responsible in securing the safety of our own accounts and so we end up being scammed again.

Maybe let's just accept the fact that no one can't get rid of those scams happening all over again. But we can prevent it from occurring so often so we won't always be losing our funds.