misconceptions have always been and will always be

[darewaller]

It is sad that in the cryptocurrency industry, a token user who is a deceived investor cannot bring charges against the creators of the project. Even if they are real people, and not fakes, they can always pretend that they believed in their idea, but that it failed and the token could not reach the top. Although they always assumed this when making their scam. And of course they will not return the money.

And why not? We can always do something and as they say, as long as there is a will there is always a way. Even if we can't catch them alive, we can at least give a warning to others, to the crypto exchange so that they will block access to those coins and there is still a possibility that you can recover your money.

If they are doxed and looks like they are legit, I guess the only way to avoid being scammed big later on is to not give your 100 percent confidence about them and stick only to your investment limits no matter what happens or what promising updates they are publishing. Remember there is only one coin that we can trust 100 percent and that is Bitcoin.

[TimeTeller]

It is sad that in the cryptocurrency industry, a token user who is a deceived investor cannot bring charges against the creators of the project. Even if they are real people, and not fakes, they can always pretend that they believed in their idea, but that it failed and the token could not reach the top. Although they always assumed this when making their scam. And of course they will not return the money.

And why not? We can always do something and as they say, as long as there is a will there is always a way. Even if we can't catch them alive, we can at least give a warning to others, to the crypto exchange so that they will block access to those coins and there is still a possibility that you can recover your money.

If they are doxed and looks like they are legit, I guess the only way to avoid being scammed big later on is to not give your 100 percent confidence about them and stick only to your investment limits no matter what happens or what promising updates they are publishing. Remember there is only one coin that we can trust 100 percent and that is Bitcoin.

That is the reason why these token developers are bold enough to create new projects even if they have no expertise.
As it is hard to run after these people when the project goes down the drain and you have no way of recovering your investments.
How many projects have we seen that people just move on because they couldn't do anything about the abandoned project?
Sad to say, it is countless already and more crap projects are still in the making, this is why people always go back to bitcoin.

[Oilacris]

• Promised quick return is most likely a scam

This is what you should really be putting into your mind that its never something that ideal for you to engage on things which does offer something good or something that is unrealistic.
If you do make use of your own common sense then you could really be able to avoid up on possible losing money due on being scammed.Always make some in depth research
and even how many shit projects in the market but still there are some hidden gems but there's no easy way on finding out the right spot.
This is why it do always mind about risk taking.

[Rengga Jati]

• Be cautious around new projects.
• Do diligent research.
• Make sure the teams are up to the standard they are claiming to be.
• Do not rely on the promises of developers.
• Develop your routine of thinking.  
• Promised quick return is most likely a scam.
• Do not rush a thing, careful analysis always opens the eye.

The bad thing is that even though we have warned many times about this possibility, potential victims, especially beginners, will not believe us and believe more in the sweet promises of scammers. Indeed, sometimes developers are very neat and seem real in preparing their project scams. So it's not only newbies who are affected by the scams project but also old players. In this case, sometimes even though we have analyzed it, it turns out that they are unexpected and become scammers at the end of the day when listing. So they just kind of give shit tokens that will never get listed on any exchanges.

[_BlackStar]

• Be cautious around new projects.
• Do diligent research.
• Make sure the teams are up to the standard they are claiming to be.
• Do not rely on the promises of developers.
• Develop your routine of thinking.  
• Promised quick return is most likely a scam.
• Do not rush a thing, careful analysis always opens the eye.

Have description or some sort of explanation of either your assumptions or some other way to make this concept really useful. Obviously for us this is general point, but it's always good to get improvised to achieve your thread goals.

People can learn easily without general concepts like this, there is a lot of room to learn them both with blog content and videos. Even they can find a lot of explanations from Binance academy or other platform to keep these people well educated, but in the end you will really know that bitcoin is the best. There's nothing wrong with you, but improvisation is needed instead of just a general concept.

[Psynthax]

I'd always consider developers are those that have experience in developing project by quite literally do some engineering things like programming that has real contribution towards betterment of their project or even humanity, the thing with scammers is that they too could do that and do some underhanded method like rugpulls when they've built their reputation, for the scammers that only created tokens with one click, i'd say they are just pure scammers nothing more.

[ultrloa]

I'd always consider developers are those that have experience in developing project by quite literally do some engineering things like programming that has real contribution towards betterment of their project or even humanity, the thing with scammers is that they too could do that and do some underhanded method like rugpulls when they've built their reputation, for the scammers that only created tokens with one click, i'd say they are just pure scammers nothing more.

Project creators if doesn't know codding they hire good guys that can work for them so I don't give to much weight on this since the most important is the team presence and how they deal with certain problems that they encounter during they start operating their project. But in the case of cryptocurrency especially with new created tokens many is not good in the long term since some of them just start good but end up shit because they only want the money that's why to many scams happening in crypto scene.

[tvplus006]

The problem with victims of scammers are numerous, but the very most vital one is their quest to earn huge quick returns. In other words, impatience is the problem to many of the victims of scammers. ..

The desire to make money quickly, without having enough knowledge and experience, usually leads to the loss of the deposit. And when you see a promise to increase your deposit very quickly, caution and understanding that this is a scam disappear.

[blockman]

I have that experience when I'm rushing to buy an altcoin that I don't even know whenever I see it pumping within the day. I'm thinking that I may miss its run and that's why I'm not really doing my research well on it.
It's that without thinking, I am buying in losses and didn't do proper research because I thought that it was the right thing to do. Not until I'm verged with losses and made I realize that my approach was totally wrong.