How do I know legit and scam investment?

[Distinctin]

There is are so many kind of scam, and most of this scam is something like in favor of the victim because scammers will try to make their victim feel excited before they will get all you're asset through promising some lies and this is all obvious you can detect the scammers once they will ask your private keys or they offer a huge return, and after they will get you're private keys they will block you and leave you with nothing left so be careful.

Scammers do ride with the hype, that's why when the market is bullish we are seeing lots of money coming and that's where the scammers will try to play again, they are using the popularity of crypto for their bad intentions, so we have to be careful all the time, do due diligence before investing to ensure that we can minimize the risk.

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[Slow death]

I have come to realize that most of the real investment do look like scam.

In this cryptocurrency market, investing in bitcoin for the long term is the wisest thing to do and safest, invest in new altcoins and run a high risk of losing money

meanwhile the scam looks like the real once,50 percent of us  here have been scammed in one way or the other, But still yet we call ourselves good investors meanwhile we are investing into the wrong company.

I've been deceived too, it makes us create experience

We really need to know the good and real trading company because they are all like the scam.Do you really know the difference?

Of course I know the difference that's why I avoid putting money in meme coins for example

[Sanitough]

I have come to realize that most of the real investment do look like scam.

In this cryptocurrency market, investing in bitcoin for the long term is the wisest thing to do and safest, invest in new altcoins and run a high risk of losing money

meanwhile the scam looks like the real once,50 percent of us  here have been scammed in one way or the other, But still yet we call ourselves good investors meanwhile we are investing into the wrong company.

I've been deceived too, it makes us create experience

We really need to know the good and real trading company because they are all like the scam.Do you really know the difference?

Of course I know the difference that's why I avoid putting money in meme coins for example

Well, meme coins may seem legit in the beginning but when you started losing because its value falls drastically, that's when you realized meme coins have turned out to be scammed projects in the end.

However, legit projects have real and solid foundations and and are sometimes seen to be scams because they only grow very slowly. On the other hand, scam projects are even considered the legit ones because the rewards are definitely too good to be true that you will realized in the end if this is really existing. But if you are knowledgeable enough, you won't fall from this kind of project.

[wildan88]

You won't really know the difference but instead what I do is to wait for them to deliver the product first and if they could really deliver the product. Due to the scam projects right not it's impossible to know whether a project is scam or not sometimes it is better to wait for them to listed on exchange or deliver product before investing rather than be an early bird on something you are unsure of.

[wxa7115]

You won't really know the difference but instead what I do is to wait for them to deliver the product first and if they could really deliver the product. Due to the scam projects right not it's impossible to know whether a project is scam or not sometimes it is better to wait for them to listed on exchange or deliver product before investing rather than be an early bird on something you are unsure of.

This is what it should be done, people invest in a project when it is at a stage in which all of what the developers have are promises and nothing more, and a great problem is that most of the promises that we see are empty promises that are worth nothing.

However people are so obsessed with obtaining profits that they disregard any danger to themselves and their capital and invest in those projects despite our warnings, it is sad but at the end of the day it is their decision, as they will be the ones to endure the consequences once they inevitably fail.

[Hamphser]

You won't really know the difference but instead what I do is to wait for them to deliver the product first and if they could really deliver the product. Due to the scam projects right not it's impossible to know whether a project is scam or not sometimes it is better to wait for them to listed on exchange or deliver product before investing rather than be an early bird on something you are unsure of.

This is what it should be done, people invest in a project when it is at a stage in which all of what the developers have are promises and nothing more, and a great problem is that most of the promises that we see are empty promises that are worth nothing.

However people are so obsessed with obtaining profits that they disregard any danger to themselves and their capital and invest in those projects despite our warnings, it is sad but at the end of the day it is their decision, as they will be the ones to endure the consequences once they inevitably fail.

In simple talks which is about on being greedy because they would really cross out risks management whenever they do saw that they could potentially make big profits once they do engage on

without even thinking about on how reality works and directly make out some actions without having second thoughts or thinking. Just make use of your own common sense
and you would able to make out decisions basing on what you are seeing.

Dont be dumb and let your greediness control or overcome you because that would really result into disaster.

[sulendra12]

We really need to know the good and real trading company because they are all like the scam.Do you really know the difference?

The cruel thing is even they do look legit at first. After they have finished their public sell or any similar things called, they are just suddenly gone without any trace and using mediocre reasons as their backup such as "COVID" or even the project has failed to meet the expectation etc. If you have seen one of that then that's really difficult to even track if they look legit at the beginning.

[Finestream]

We really need to know the good and real trading company because they are all like the scam.Do you really know the difference?

The cruel thing is even they do look legit at first. After they have finished their public sell or any similar things called, they are just suddenly gone without any trace and using mediocre reasons as their backup such as "COVID" or even the project has failed to meet the expectation etc. If you have seen one of that then that's really difficult to even track if they look legit at the beginning.

I think scammers have become even smarter these days as most of the scam projects even look like more legit than those real legit projects. This is the reason why we have to be more careful in choosing projects to invest these days and as much as possible, research on the project a hundred times and trace the background of the team behind if they were into successful projects or not, or were also involved from those scam projects in the past. Its better not to invest when you're in doubt, than taking the risk and end up losing your capital.

[tvplus006]

...However people are so obsessed with obtaining profits that they disregard any danger to themselves and their capital and invest in those projects despite our warnings, it is sad but at the end of the day it is their decision, as they will be the ones to endure the consequences once they inevitably fail.

The desire to make money quickly in the absence of knowledge and experience always leads to the loss of the deposit. For this reason, most of the victims of fraud are represented by newcomers who have heard that using cryptocurrency you can quickly get a big profit.

[lovesmayfamilis]

The cruel thing is even they do look legit at first. After they have finished their public sell or any similar things called, they are just suddenly gone without any trace and using mediocre reasons as their backup such as "COVID" or even the project has failed to meet the expectation etc. If you have seen one of that then that's really difficult to even track if they look legit at the beginning.

I think scammers have become even smarter these days as most of the scam projects even look like more legit than those real legit projects. This is the reason why we have to be more careful in choosing projects to invest these days and as much as possible, research on the project a hundred times and trace the background of the team behind if they were into successful projects or not, or were also involved from those scam projects in the past. Its better not to invest when you're in doubt, than taking the risk and end up losing your capital.
[/quote]

You're right. In the absence of experience, it is enough just to get involved in a fraudulent project. Today, scammers do not spare money on advertising, make a big fuss about their projects, thereby provoking inexperienced people to invest in their scams. But as it has already been proved by experience, a lot of newly-minted projects do not live up to their final goals but evaporate as soon as they collect a small amount of money.
To this end, I recommend investing in bitcoin and some altcoins that are more trusted in the early stages. But even with them, I would not risk it.

[cheezcarls]

I have come to realize that most of the real investment do look like scam. meanwhile the scam looks like the real once,50 percent of us  here have been scammed in one way or the other, But still yet we call ourselves good investors meanwhile we are investing into the wrong company.We really need to know the good and real trading company because they are all like the scam.Do you really know the difference?

It’s challenging for us nowadays that we cannot determine if they are legit or scam. I have to agree that scammers are already becoming smarter and I’ve noticed that. They’ve learned from their mistakes on why most experienced people aren’t falling for their scams that easily. As they continue to get better in their scamming tactics, we should also get better and “upgrade” our minds in avoiding the next “level” scamming tactics that they have nowadays.

[JunkieMiner]

We can check most of the projects website and we can get more information through their social media links, and specially we can check that the projects are audited and that can be better in all aspects, so we can get through these social media links and get informed through it, then it would be better to get aware of all the scam investments platform.

[Zanab247]

Legit project are very easy to know if you are ready to going through their past project and their current project in the community. They don't have any short cut for any investors than to create a smooth procedure for all customers that are willingness to help them to advertise their company.
Scam investment has a lot of short cut in the project that will attract many customers to fall in love with that particular investment. At the beginning it will look legit to the eyes of the investors to invest huge amount of money that at the end they will make double amount of money  they have invested but at the end it will now show scam investment.
Take time to study the project before participating, for you not to involve your self in scam investment.

[TimeTeller]

Many people do research on everything but stay behind this kind of problem. Since there are scammers all around us , caution is the only weapon. It is said that most of when we invest any new projects if the projects can not survive in the market and be fail we just claim that this is attracted by scammer but truly say that they fail to reach the goal. Some times it can be happen. There are many sign for identifying scam project investment. Very beginning have to learn what is their goal and product as well as their development. You just realize those things carefully, i think you will get better idea.

Most of the time, it is already too late before we realize that the project is going to disappear or end up as a scam.
While some are sincere with their endeavors but the problem is their financial capability, why some are ending their developments.
Up until now, there's no defined strategy how to spot a legit and scam project, you just look for possible warnings.
Like for example, if the project is using fake images of their members, then, the likelihood that it will bad is high.

[milewilda]

Many people do research on everything but stay behind this kind of problem. Since there are scammers all around us , caution is the only weapon. It is said that most of when we invest any new projects if the projects can not survive in the market and be fail we just claim that this is attracted by scammer but truly say that they fail to reach the goal. Some times it can be happen. There are many sign for identifying scam project investment. Very beginning have to learn what is their goal and product as well as their development. You just realize those things carefully, i think you will get better idea.

Most of the time, it is already too late before we realize that the project is going to disappear or end up as a scam.
While some are sincere with their endeavors but the problem is their financial capability, why some are ending their developments.
Up until now, there's no defined strategy how to spot a legit and scam project, you just look for possible warnings.
Like for example, if the project is using fake images of their members, then, the likelihood that it will bad is high.

On point! We do only mind off when we had already made out some investment and realized later on that you had done wrong which is really a very common mistake for someone to commit on.
When im still noob i do really have this kind of problem but once you do gain sufficient experience and awareness then you would able to point out directly which project is worth
and which project should be avoided but it wont really be simple as it sounds yet you would still need to make out some research most of the time.

[DoublerHunter]

Many people do research on everything but stay behind this kind of problem. Since there are scammers all around us , caution is the only weapon. It is said that most of when we invest any new projects if the projects can not survive in the market and be fail we just claim that this is attracted by scammer but truly say that they fail to reach the goal. Some times it can be happen. There are many sign for identifying scam project investment. Very beginning have to learn what is their goal and product as well as their development. You just realize those things carefully, i think you will get better idea.

Most of the time, it is already too late before we realize that the project is going to disappear or end up as a scam.
While some are sincere with their endeavors but the problem is their financial capability, why some are ending their developments.
Up until now, there's no defined strategy how to spot a legit and scam project, you just look for possible warnings.
Like for example, if the project is using fake images of their members, then, the likelihood that it will bad is high.

^ Definitely right, there is no way to spot a scam project because as of now, most scam project seems good to be true but it is not, they will scam at the end of the project and make excuses. But at least we have a sign that we can determine it is a scam. Everything was on their documents and that is why people keep advising that should have been researched before putting your fund in any kind of investment.
Probably a good spot of a scam project is on when the project has a poor progress update.

[Johnyz]

Many people do research on everything but stay behind this kind of problem. Since there are scammers all around us , caution is the only weapon. It is said that most of when we invest any new projects if the projects can not survive in the market and be fail we just claim that this is attracted by scammer but truly say that they fail to reach the goal. Some times it can be happen. There are many sign for identifying scam project investment. Very beginning have to learn what is their goal and product as well as their development. You just realize those things carefully, i think you will get better idea.

This is necessary before you invest, have more research about the project you’re looking for though its easy nowadays to spot scam and fake projects, you should still do some effort to catch them. Also, if you’re active here in the forum you can see more updates about scam projects and by this you can avoid them as early as possible.

[Sled]

Many people do research on everything but stay behind this kind of problem. Since there are scammers all around us , caution is the only weapon. It is said that most of when we invest any new projects if the projects can not survive in the market and be fail we just claim that this is attracted by scammer but truly say that they fail to reach the goal. Some times it can be happen. There are many sign for identifying scam project investment. Very beginning have to learn what is their goal and product as well as their development. You just realize those things carefully, i think you will get better idea.

This is necessary before you invest, have more research about the project you’re looking for though its easy nowadays to spot scam and fake projects, you should still do some effort to catch them. Also, if you’re active here in the forum you can see more updates about scam projects and by this you can avoid them as early as possible.

Thus, if we are too lazy and not doing research, it just going to believe that these people will be got hooked up in easy money schemes, quick returns that are obviously a scam investment. That is why it is a must to do simple research, have to spend time looking on the internet that at least it gives us some insights and guide what projects we have to invest in and which one is not. And the last thing is that, we don't have to be greedy, as this is the common reason why investors had fallen into scam/fake projects.

[goinmerry]

I have come to realize that most of the real investment do look like scam. meanwhile the scam looks like the real once,50 percent of us  here have been scammed in one way or the other, But still yet we call ourselves good investors meanwhile we are investing into the wrong company.We really need to know the good and real trading company because they are all like the scam.Do you really know the difference?

There are ways to determine how to spot if the company is totally scam or not but in the end, there are projects that shows a legit operation at first then will change color along the way. That's the risk of investing in new projects.

The solution? If new to that kind of investing, then don't invest in new projects but choose coins that are already listed and performing well in the market. Those only with guts should take the risks of investing in new projects as they already know the risks they are facing to.

[Ryker1]

I have come to realize that most of the real investment do look like scam. meanwhile the scam looks like the real once,50 percent of us  here have been scammed in one way or the other, But still yet we call ourselves good investors meanwhile we are investing into the wrong company.We really need to know the good and real trading company because they are all like the scam.Do you really know the difference?

^[snip]
The solution? If new to that kind of investing, ^{[then don't invest in new projects but choose coins that are already listed]} and performing well in the market. Those only with guts should take the risks of investing in new projects as they already know the risks they are facing to.

Well I agree with that, never invest in a new project because most all of them are prone to scam.
I also prefer to invest with the existing project and that is listed already on exchange, or better to focus on investing in bitcoin if I have enough capital.
Investing in a new project it seems like you prefer to gamble your money and hope that you will earn profit in just a couple of months, invest in the project that has already gained trust from the community.