They want your money by all means possible

[Humility4sure]

We are now in a era where scam devs don't care about anonymity anymore,  now they aren't willing to hide their faces, they will come out in the open, throw you some videos on YouTube and still run away with your money, if you are a newbie you need to have the following in mind when researching projects.

1. Visible team members don't mean they are scam free.
2. A audited smart contract project can still scam you.
3. Scammers can spend a lot on their website to make it look attractive just to make you invest your money.
4. High volume on the listed exchange doesn't make a project clean from going scam.

I'm in full agreement with you on this. It feels like people barely worry about their image and the future implications of their actions. So, we need to be more careful about our investments and know that Scammer are changing their tactics and employing every means possible to rip people off.

[d3nz]

We are now in a era where scam devs don't care about anonymity anymore,  now they aren't willing to hide their faces, they will come out in the open, throw you some videos on YouTube and still run away with your money, if you are a newbie you need to have the following in mind when researching projects.

1. Visible team members don't mean they are scam free.
2. A audited smart contract project can still scam you.
3. Scammers can spend a lot on their website to make it look attractive just to make you invest your money.
4. High volume on the listed exchange doesn't make a project clean from going scam.

This is the main problem right now and a lot of people are being scammed without even their noticing it. They just take the bait for promising words or thinking that the project will be gonna huge in the future and even though the developers are hiding their information or just creating fake profiles on LinkedIn.

Even if we spread the about the scam projects we cannot control the investor or new investors that will spend their money on scam projects since they are thinking of quick and high profited money which can be turned into their loss.

I would prefer to only trade the altcoins on a known exchange and take the opportunity of the bear market which that has more potential in the future,

[Yamifoud]

This is the main problem right now and a lot of people are being scammed without even their noticing it. They just take the bait for promising words or thinking that the project will be gonna huge in the future and even though the developers are hiding their information or just creating fake profiles on LinkedIn.

Even if we spread the about the scam projects we cannot control the investor or new investors that will spend their money on scam projects since they are thinking of quick and high profited money which can be turned into their loss.

I would prefer to only trade the altcoins on a known exchange and take the opportunity of the bear market which that has more potential in the future,

It was a sad reality but some people scam you face to face without worrying about what will happen to them because what is in their mind is to make money by fooling investors. Their hungry for money makes them find a way to trick people by all means and succeed. I have no clue what else we can do because even though we spread awareness but still, a lot of people become a victim.
I guess, we have to accept that these scammers are a part of crypto journey and no way to rid them.

[Ayers]

This is the main problem right now and a lot of people are being scammed without even their noticing it. They just take the bait for promising words or thinking that the project will be gonna huge in the future and even though the developers are hiding their information or just creating fake profiles on LinkedIn.

Even if we spread the about the scam projects we cannot control the investor or new investors that will spend their money on scam projects since they are thinking of quick and high profited money which can be turned into their loss.

I would prefer to only trade the altcoins on a known exchange and take the opportunity of the bear market which that has more potential in the future,

It was a sad reality but some people scam you face to face without worrying about what will happen to them because what is in their mind is to make money by fooling investors. Their hungry for money makes them find a way to trick people by all means and succeed. I have no clue what else we can do because even though we spread awareness but still, a lot of people become a victim.
I guess, we have to accept that these scammers are a part of crypto journey and no way to rid them.

scam is everywhere not only in crypto and there is no way to get rid of it completely it comes from human greed so once we don't get rid of greed it will always be by our side. scammers are becoming public in the market and scammers don't need to hide their faces anymore, simply because they know that there are no regulations or laws to be enforced in this market, Luna is an example.

the only solution we have, i think is regulation, once regulated, these situations will lessen because scammers will face the law if reported but regulation will make us lose our privacy when participating in investment.

[SirLancelot]

It was a sad reality but some people scam you face to face without worrying about what will happen to them because what is in their mind is to make money by fooling investors. Their hungry for money makes them find a way to trick people by all means and succeed. I have no clue what else we can do because even though we spread awareness but still, a lot of people become a victim.
I guess, we have to accept that these scammers are a part of crypto journey and no way to rid them.

We will need to be extra careful when we invest in new projects, even in old projects we need to keep ourselves updated on what happening in that project and see for ourselves if there a suspicious movements in their chart as well if they didn’t do any ways to keep their project known. There are already many coins in the market and some already built their name since they are able to survive for along time despite markets pump and dump. We should not be tempted to buy new coins without researching them. It will be our fault if we got scammed without doing our part in studying where we invest our money.

How is this a problem? What if they are already well known and they are fully aware of that, that is why they stop doing promotions for a while to spread their names more evenly. I think what you really mean there is if the project stop on developing and improving. That will looks suspicious as an investor.

If you notice that, then it can be a good sign to move away from the other active projects before it's too late. Project that can survive a couple of dumps or bears doesn't mean they are still a great project to invest in. There are lots of them but they aren't really that profitable. This is why many of us are looking forward to a new coin because their hypes are still fresh. We only need to be careful though.

[eightdots]

As a Newbie give yourself time to progress. I would not want to direct you on how to swing your investment but if you don't like losing money stick to Bitcoin. This won't fail you, I know in your mind you might have weighed your pocket and Capital and thought you can't achieve anything judging by how little your capital is.

But did you know with if you start now to accumulate Bitcoin as little as your can you would be doing yourself good favour for the future. Not only would it help you not to regret in fake projects or coins that failed but also you would be better off than when you started accumulating it. It's probably the surest fact in crypto-currency right now.

Absolutely I agree. Spend time in the market at a certain time. If you are going to trade, only do it in Bitcoin. You can't achieve huge gains all at once, but you won't have any losses either. People trying to scam people will never end. Many people who do not know the market plan to make a profit without making any effort. This is unlikely.

[Piesel]

Avoid scams and chill dave who just want to sick off your money, I used to be active with altcoin some years ago and to this very moment, the altcoin market has been highly centralized and does not have any privacy protection for your activities and your investment is also in high risk due to too much hype and chilling promoters who want to make money to the team by all means from that is where his pay cheque comes from.

[Hypnosis00]

As a Newbie give yourself time to progress. I would not want to direct you on how to swing your investment but if you don't like losing money stick to Bitcoin. This won't fail you, I know in your mind you might have weighed your pocket and Capital and thought you can't achieve anything judging by how little your capital is.

But did you know with if you start now to accumulate Bitcoin as little as your can you would be doing yourself good favour for the future. Not only would it help you not to regret in fake projects or coins that failed but also you would be better off than when you started accumulating it. It's probably the surest fact in crypto-currency right now.

Absolutely I agree. Spend time in the market at a certain time. If you are going to trade, only do it in Bitcoin. You can't achieve huge gains all at once, but you won't have any losses either. People trying to scam people will never end. Many people who do not know the market plan to make a profit without making any effort. This is unlikely.

Scammers do some efforts as well but it was a different approach to making money as it came from evil works. A lot of people had claimed to be scammed and so many people as well have known it but wondering why many were still scammed again. I couldn't presume the learnings happen to us but as I see, people had changed when they saw huge offers and high ROI which is eventually just a trick. A reason why scammers are growing is that they know that there are still a lot of people who haven't changed their mindset yet.

[DeathAngel]

This is why you should never invest more than you can afford to lose in unknown, unproven alts/tokens.
You can make a lot of money getting in early on these type of projects but you’re just as, if not more likely to lose everything. I prefer to stick with more established coins but make sure to do as much research as you can before you go down this route.

[Altryist]

How is this a problem? What if they are already well known and they are fully aware of that, that is why they stop doing promotions for a while to spread their names more evenly. I think what you really mean there is if the project stop on developing and improving. That will looks suspicious as an investor.

If you notice that, then it can be a good sign to move away from the other active projects before it's too late. Project that can survive a couple of dumps or bears doesn't mean they are still a great project to invest in. There are lots of them but they aren't really that profitable. This is why many of us are looking forward to a new coin because their hypes are still fresh. We only need to be careful though.

Sometimes a project may use a lull in development for the purpose of manipulation. Holders will see that the project has lost its former activity and may decide to sell their tokens because of this, and after the team collects most of the tokens, work at the project will continue and the price of the token will grow very well. But if the project has gone through several cycles but still has not achieved any significant result, then most likely you should not expect great results from it.

[serjent05]

It was a sad reality but some people scam you face to face without worrying about what will happen to them because what is in their mind is to make money by fooling investors. Their hungry for money makes them find a way to trick people by all means and succeed.

True the face to face scamming often happens in the network marketing industry.  Many Ponzi schemes and Pyramid scheme perpetrator isn't concerned about whether they will be known for scamming their victim.  All their focus is on how they can get money out of their victim.

I have no clue what else we can do because even though we spread awareness but still, a lot of people become a victim.

We cannot do anything when people's heart is dominated by greed.  No matter how we remind them about scams and fraud, they will never listen because they are already controlled by greed.

I guess, we have to accept that these scammers are a part of crypto journey and no way to rid them.

True, actually scammers aren't just a part of the crypto journey but also the financial system.  Scammers are already a part of the financial system led by financial institution.

[abel1337]

How is this a problem? What if they are already well known and they are fully aware of that, that is why they stop doing promotions for a while to spread their names more evenly. I think what you really mean there is if the project stop on developing and improving. That will looks suspicious as an investor.

If you notice that, then it can be a good sign to move away from the other active projects before it's too late. Project that can survive a couple of dumps or bears doesn't mean they are still a great project to invest in. There are lots of them but they aren't really that profitable. This is why many of us are looking forward to a new coin because their hypes are still fresh. We only need to be careful though.

Sometimes a project may use a lull in development for the purpose of manipulation. Holders will see that the project has lost its former activity and may decide to sell their tokens because of this, and after the team collects most of the tokens, work at the project will continue and the price of the token will grow very well. But if the project has gone through several cycles but still has not achieved any significant result, then most likely you should not expect great results from it.

This can potentially happen but there are times that projects lost their activity and it happens mostly during bear market. We can see a lot of project that has stopped producing their products and it is one of the signs that a project is a scam because they might ran away since there are no activities on their project. Project investors lose trust of course but yeah it's a matter of trust if you really believe on the team and project you invest to. If there are suspicious things happening on the project like losing activities and dumping token values, I simply do a investigation and research about their whale investors and other VC if they have sold their tokens, They have most likely the best intel about the project. If they sold It means something bad is about to happen. 

[mirakal]

This is why you should never invest more than you can afford to lose in unknown, unproven alts/tokens.
You can make a lot of money getting in early on these type of projects but you’re just as, if not more likely to lose everything. I prefer to stick with more established coins but make sure to do as much research as you can before you go down this route.

As they say, more risks is equals to more reward but for me it's not that worth it because if we invest in those coins, we will be the first ones to know if it will be successful or not as it's still new. We will be lucky if it will be successful but how about if it's the exact same opposite? There are some investors who are courageous enough to risks in new coins or projects but I'm afraid, I can't risk to take those steps. Just like you, it is much better to invest in proven projects and coins because the risks are somehow minimized.

[Gayong88]

We are now in a era where scam devs don't care about anonymity anymore,  now they aren't willing to hide their faces, they will come out in the open, throw you some videos on YouTube and still run away with your money, if you are a newbie you need to have the following in mind when researching projects.

4. High volume on the listed exchange doesn't make a project clean from going scam.

Maybe people will always have a different opinion and there's nothing wrong with that. My general view If a project is already listed on the top 100 exchanges, it doesn't make it a scam.

My own experience having invested in projects listed on the top 100 exchanges is still safe and I think everyone is doing it. In the end, it is up to each one to believe it or not.

[xSkylarx]

1. Visible team members don't mean they are scam free.

Scammers do all they can to scam others, even if they show their identity, but still, we can't chase them once we get scammed, right? This is the most common we think of when we see the team members on their websites. I remember before that we could easily predict the scam coins, but now you need to be more cautious as others are very promising, but the devs will run all the money. Having their identity revealed to the investors can still cost them (in case it is their real identity and not identity thief) because people will still recognize them whether online or in real life, and everyone is mocking them and searching for them, but still, in the end, we can't get our money back, or it has a slight chance that we can get it back.

[StreakW]

We are now in a era where scam devs don't care about anonymity anymore,  now they aren't willing to hide their faces, they will come out in the open, throw you some videos on YouTube and still run away with your money, if you are a newbie you need to have the following in mind when researching projects.

1. Visible team members don't mean they are scam free.
2. A audited smart contract project can still scam you.
3. Scammers can spend a lot on their website to make it look attractive just to make you invest your money.
4. High volume on the listed exchange doesn't make a project clean from going scam.

The points you mention are very helpful both for beginners and for those who are experienced in investing in new projects. Because not everyone has the understanding you describe here, especially beginners who usually tend to get caught up in new fraudulent projects that offer huge profits by buying a low price later when the coin is listed on an exchange with a high price. So be very careful in investing in new projects should always do your own research and don't be easily provoked.

[Fredomago]

We are now in a era where scam devs don't care about anonymity anymore,  now they aren't willing to hide their faces, they will come out in the open, throw you some videos on YouTube and still run away with your money, if you are a newbie you need to have the following in mind when researching projects.

1. Visible team members don't mean they are scam free.
2. A audited smart contract project can still scam you.
3. Scammers can spend a lot on their website to make it look attractive just to make you invest your money.
4. High volume on the listed exchange doesn't make a project clean from going scam.

The points you mention are very helpful both for beginners and for those who are experienced in investing in new projects. Because not everyone has the understanding you describe here, especially beginners who usually tend to get caught up in new fraudulent projects that offer huge profits by buying a low price later when the coin is listed on an exchange with a high price. So be very careful in investing in new projects should always do your own research and don't be easily provoked.

Indeed, right, because this information mostly tricks both new and old time investors, it's true that scammers are willing to invest with their websites to make it looks legit and they are willing to spend money as well to move their project around exchange, something that they money can move and scam developers are willing to take that risk.

They know that if there are interest that show up, they can simply reach their target amount to scam out and runaway.

Make sure to deal with proper research and be wise in investing your hard earned money, as always.

[lalabotax]

I guess, we have to accept that these scammers are a part of crypto journey and no way to rid them.

True, actually scammers aren't just a part of the crypto journey but also the financial system.  Scammers are already a part of the financial system led by financial institution.

Indeed, we cannot deny scammers in the crypto world, like the criminals in the real life, We are integrated. but, we must know how to avoid this scam to occur in us. We must build more awareness and carefulness about the scammers. Believing too much in someone in the crypto world, in a certain projects, and investment is not a good thing. We must check and crosscheck them again. Or alternatively, if we are really going to invest in the crypto industry, we are much better to invest in the coins that have been in the top one. never risks our money into the enw proejcts if we ar enot a high risk takers. because our money is very valauble for us and we oursleves who know the value of the money itself.

[Ziskinberg]

I guess, we have to accept that these scammers are a part of crypto journey and no way to rid them.

True, actually scammers aren't just a part of the crypto journey but also the financial system.  Scammers are already a part of the financial system led by financial institution.

Indeed, we cannot deny scammers in the crypto world, like the criminals in the real life, We are integrated. but, we must know how to avoid this scam to occur in us. We must build more awareness and carefulness about the scammers. Believing too much in someone in the crypto world, in a certain projects, and investment is not a good thing. We must check and crosscheck them again. Or alternatively, if we are really going to invest in the crypto industry, we are much better to invest in the coins that have been in the top one. never risks our money into the enw proejcts if we ar enot a high risk takers. because our money is very valauble for us and we oursleves who know the value of the money itself.

Indeed, we have a lot of way how to avoid these scammers but not all individuals had to see it clearly and it was very unfortunate that even with how much we do to be aware of newcomers, still a lot of them are falling into scams projects. It is a lack of education or greediness because it was their old and common tactic to offer huge returns and the Ponzi scheme but then, many were still not able to notice it.
Yes, whether we like it or not, scammers are here to join and make parties with these innocent people and are happy to scam them. Perhaps, they exist to ruin the market.

[Fredomago]

I guess, we have to accept that these scammers are a part of crypto journey and no way to rid them.

True, actually scammers aren't just a part of the crypto journey but also the financial system.  Scammers are already a part of the financial system led by financial institution.

Indeed, we cannot deny scammers in the crypto world, like the criminals in the real life, We are integrated. but, we must know how to avoid this scam to occur in us. We must build more awareness and carefulness about the scammers. Believing too much in someone in the crypto world, in a certain projects, and investment is not a good thing. We must check and crosscheck them again. Or alternatively, if we are really going to invest in the crypto industry, we are much better to invest in the coins that have been in the top one. never risks our money into the enw proejcts if we ar enot a high risk takers. because our money is very valauble for us and we oursleves who know the value of the money itself.

Indeed, we have a lot of way how to avoid these scammers but not all individuals had to see it clearly and it was very unfortunate that even with how much we do to be aware of newcomers, still a lot of them are falling into scams projects. It is a lack of education or greediness because it was their old and common tactic to offer huge returns and the Ponzi scheme but then, many were still not able to notice it.
Yes, whether we like it or not, scammers are here to join and make parties with these innocent people and are happy to scam them. Perhaps, they exist to ruin the market.

Scammers are observing and testing every tactic in their minds, waiting for people who will follow and give them opportunities to penetrate, I understand your point, there are still people who continue to follow this kind of schemes, allowing those scammers to continually gaining money out from both newbies and old timers.

The only thing you can avoid those schemes is to invest your time educating yourself with every information about these scam actions.

With such, you'll giving yourself enough chance to notice which is scam and which is legit.