Is it possible to avoid all scams?

[Devifajarina]

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?

nah, it's hard to avoid them. they are getting smarter day by day. some projects even have a good whitepaper/litepaper, audit, Doxxed team, etc. still can scam you. i believe CheckDot project can't fully save you from scammers. i'm still investing my money in top 50 market cap coins. but it doesn't mean i am safe from scam one day. maybe one of them turned into a scam project in the future.

But it is more convincing to choose a project whose market capitalization is clear, such as the investment you make in the top 50 coins, this is clearer and we can make a thorough study, compared to the ChekDot project which currently does not have any prospects , many projects sometimes only rely on hype, not infrequently they even do evil ways to deceive many people, to avoid all that it is better for us to avoid.

[whiteblue]

But it is more convincing to choose a project whose market capitalization is clear, such as the investment you make in the top 50 coins, this is clearer and we can make a thorough study, compared to the ChekDot project which currently does not have any prospects , many projects sometimes only rely on hype, not infrequently they even do evil ways to deceive many people, to avoid all that it is better for us to avoid.

The point is that all of that needs to be analyzed first before knowing whether the project is good or bad because good projects are known through research and analysis as well as bad projects so judging it early is a mistake before doing research first.

[repear7]

You can't stop scams even if you want to. Because it doesn't happen through one person, it happens through many people.This scam started when cryptocurrency started. But before, there were not so many scams like now. And preventing this scandal is not so easy. Because the identity of those who are doing this scam is not given anywhere. That's why you can't catch a cheater even if you want to. If every user had an identity, it would be possible to capture it. So in my opinion it is impossible to prevent scams. You cannot take preventive or legal action against a stranger even if you want to. You can only take legal action if you know the identity of the person.

[kaka manteng]

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 getting rid of a scam is not easy, but there are many ways to avoid the scam I think.
what we need to do to avoid these scams is to not be careless in investing for a crypto, then don't be influenced by the media that talks a lot about the crypto. In my opinion, putting this attitude forward will protect us from fraud and will not lose our money.

[gamer4156]

Numerous novices are getting misled so how would you intend to take care of them. Complete direction, update and all alerts. Too many opened token with the advancement group and task proprietors is one more method of trick as they can dump on us whenever. The con artists are too savvy to even consider getting your cash and they can flee with your cash without you understand.

[globalpain]

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 getting rid of a scam is not easy, but there are many ways to avoid the scam I think.
what we need to do to avoid these scams is to not be careless in investing for a crypto, then don't be influenced by the media that talks a lot about the crypto. In my opinion, putting this attitude forward will protect us from fraud and will not lose our money.

Not only is it not easy but in my opinion it is almost impossible to get rid of the scam,
especially with current technological developments, they can use various ways to do this,
it's true that all we can do is avoid it and of course we need to be careful in investing

[bonyaserg]

Personally, in order to avoid fraud, you should at least always be ready for such attacks. There are several ways to avoid fraud. One way is simply not to participate in projects and there is a possibility that fraudsters will be able to pass by. And if you participate, you can fall into the hands of scammers and lose your funds. And from this no one is immune, failure can happen to everyone. You just need to be very careful and attentive in the cooperation of business projects.

[Devifajarina]

But it is more convincing to choose a project whose market capitalization is clear, such as the investment you make in the top 50 coins, this is clearer and we can make a thorough study, compared to the ChekDot project which currently does not have any prospects , many projects sometimes only rely on hype, not infrequently they even do evil ways to deceive many people, to avoid all that it is better for us to avoid.

The point is that all of that needs to be analyzed first before knowing whether the project is good or bad because good projects are known through research and analysis as well as bad projects so judging it early is a mistake before doing research first.

Yes, a little research is indeed needed to assess a project, both new and old, nowadays many people do not do that in making choices, so they are carried away by the hype that continues to be developed, even though we can look for many available sources, to find out if the project is is worth investing in or not, then we will be able to identify good projects.

[ansarose1]

Actually yes, i think if you just only knew right away that the project you seem to be joining smells like it's gonna be a scam scheme, or if you do several research first before entering into investments in a project it's safe to say you can refrain all of these type of scams and in other ways like ignoring Ponzi scheme and phising sites that are emailed to you.

[livingfree]

I think that it is not an easy thing to avoid scams just because you have no idea about the scam.

For experienced people, it's easy to avoid scams because of what they've gained as experience with these scams.

But at some extent you can  overcome scam by first investigate about the project and have some information about the project designer that is there any scam project of that person or not. Actually it is the fact that those which are scam will initially ask for certain amount of money so you can easily find that this is scam.

The developers is what you should look for their background. That's already a good ground where you can start for determining if the project is a scam or not.

[K4C]

First off all do your research and get advice from expert before joining any project . And don't connect your wallet to any site  without research. You can protect yourself from scam when you have complete knowledge about the project you wanna join.

[Rufsilf]

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 getting rid of a scam is not easy, but there are many ways to avoid the scam I think.
what we need to do to avoid these scams is to not be careless in investing for a crypto, then don't be influenced by the media that talks a lot about the crypto. In my opinion, putting this attitude forward will protect us from fraud and will not lose our money.

Being scammed isn't very pleasing because it will leave you staring in walls overtime. Even professionals are getting scammed especially novice. I've been there but even though it's not a large sum, still I worked hard for it not to go in waste.
So my advice is, always keep sensitive informations to yourself only, if it's inevitable then atleast make a hardcopy for safekeeping. Be aware of clickbaits because that's where they can find your informations and passwords. Always search everything to be knowledgeable rather than watch news that we know is a one-sided story.

[Kavelj22]

Being scammed isn't very pleasing because it will leave you staring in walls overtime. Even professionals are getting scammed especially novice. I've been there but even though it's not a large sum, still I worked hard for it not to go in waste.

I don't think it's mainly about being professional because scams can happen for totally unexpected reasons. Some users got scammed because the exchange where they hold their savings was hacked and can't refund hacked amount to users, so in this case we can't blame them if they are professional or not.

I want also to highlight again the point that in crypto space, you are your own bank and should be aware to take full responsibility over your savings. It's quite different from saving money in banks, and you should change your behaviors beside it.

[oemar bakrie]

Learning to look for the security of personal assets is indeed very difficult, by directly storing our keys by writing in a notebook, or by using an email that we always activate.
.but it all depends on our bad luck if we have stored it neatly but still lose the assets in it.. with an incident like that it is necessary to be given very secret security from anything..

[Smitty Werben Man Jensen]

Being scammed isn't very pleasing because it will leave you staring in walls overtime. Even professionals are getting scammed especially novice. I've been there but even though it's not a large sum, still I worked hard for it not to go in waste.

I don't think it's mainly about being professional because scams can happen for totally unexpected reasons. Some users got scammed because the exchange where they hold their savings was hacked and can't refund hacked amount to users, so in this case we can't blame them if they are professional or not.

Absolutely true and scam has nothing to do with professionalism,
because it's all out of their control and indeed this is what worries us all,
scams and hacks can happen to anyone so be careful and stay alert

[Ondekinecakabilirim]

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

This is not possible. Even rating agencies can cheat. I can't trust anyone with this. The best is to provide personal development. Like examining road maps, doing research about the team, comparing with similar projects. It is not easy to gain experience without having bad experience. Need to be able to read very well. It is necessary to know the market and to know its purpose.

[Kavelj22]

Being scammed isn't very pleasing because it will leave you staring in walls overtime. Even professionals are getting scammed especially novice. I've been there but even though it's not a large sum, still I worked hard for it not to go in waste.

I don't think it's mainly about being professional because scams can happen for totally unexpected reasons. Some users got scammed because the exchange where they hold their savings was hacked and can't refund hacked amount to users, so in this case we can't blame them if they are professional or not.

Absolutely true and scam has nothing to do with professionalism,
because it's all out of their control and indeed this is what worries us all,
scams and hacks can happen to anyone so be careful and stay alert

The key point here that everybody should also realize that avoiding scam should be a common sense because the one you may trust with your money can be scammed if he is not enough aware and your money could lost as well.

Highlight edit from my previous reply: You are your own bank and should be aware to take full responsibility over your savings. It's quite different from saving money in banks, and you should change your behaviors beside it.

[oemar bakrie]

Avoiding fraudsters is indeed very necessary in any way that we must learn, although theory is very helpful, but in my opinion theory alone will not be enough to give us confidence, because my view is to guard against fraud only by being careful in storing assets..

[LUCKMCFLY]

No matter how much research has been given to any project, or any currency, there will always be a way that there is a scam, in the ecosystem of tokens when they are launched through a decentralized Exchange the option of scam is very likely, it is something normal that anyone is taking a risk, the only way to minimize that risk is by betting on projects, tokens or coins that are listed on exchanges such as Binance, since Binance does respond to any eventuality and there is a fixed point to claim.

[yurekaa]

of course not, we dont know when the scam project come to us, at the beginning, all project give the good trust for the investor, and the holder. but on the progress of the project, maybe the team and the project owner scam us and bring all of the investor money.
we dont have any indicator, who will scam, what project that will scam in the future.

but i have an advice for holder and investor, maybr you should double check the project, if the profit or the return is bigger than normal, i thkn you should do some research before you join the that project, because there are many project that give the investor big return, end with scam.