For me this is how to avoid scam ICO:
1. WEBSITE must be good and presentable.
2. Check for the team members and search them on social media if they post something with it.
3. Not too big to be true bonuses.
4. They have a decent campaign manager for their ICO.
5. Good "better-best" white paper for their project.
6. read all of the comment on this thread and you will learn more, extract all the information and make it as a rule before investing to ICO.
Topic: A Guide to Avoid Scams (Read 306 times)
On my suggestion to avoid any kind of scam lesson # 1 never store your Bitcoin and Altcoin to any kind of exchange if possible move or transfer it to your personal wallet much safer to hardware wallet,lesson # never exposed your private key to anyone if possible no one knows your private key only you.
To avoid scam project here my advice :
1. They have refferal system ( not all but i really hate this thing)
2. Give you big bonnuses for presale like 50 to 100% bonus.
3. Poorly design website
4. New create twitter account ( can be variable but dont focus in this one)
5. Their team unprofesional, and unknown
6. Their mission is to big and seems unreal and cant be happend.
1. They have refferal system ( not all but i really hate this thing)
2. Give you big bonnuses for presale like 50 to 100% bonus.
3. Poorly design website
4. New create twitter account ( can be variable but dont focus in this one)
5. Their team unprofesional, and unknown
6. Their mission is to big and seems unreal and cant be happend.
I mostly watch, review and oberved their sites, twitter posting, youtube and of course facebook if they have the kind if quality to introduce their projects because for me don't just the book by its cover will not be applicable anymore by this time because our money and efforts is at stake. Members of the team of the certain ICO should really have to be carefully review as well because some are actors.
Before you decide to invest in a project, you need to study the management team and how it works. Do not just invest in someone else's share while you do not really research the coin you invest in, it's very dangerous because you can be scammed at any time. The person you can trust the most is yourself, remember this.
I think we need this stickied.
We need a guide to safety looking for alt coins, knowing what to look for in order to identify a scam.
First rule; Spelling errors.
I am very new to alt-coins, so I'm sure many of you have some advice to give.
also look for their team credibility and their phony website We need a guide to safety looking for alt coins, knowing what to look for in order to identify a scam.
First rule; Spelling errors.
I am very new to alt-coins, so I'm sure many of you have some advice to give.
To avoid scam project here my advice :
1. They have refferal system ( not all but i really hate this thing)
2. Give you big bonnuses for presale like 50 to 100% bonus.
3. Poorly design website
4. New create twitter account ( can be variable but dont focus in this one)
5. Their team unprofesional, and unknown
6. Their mission is to big and seems unreal and cant be happend.
You are Completely right!im adding some .1. They have refferal system ( not all but i really hate this thing)
2. Give you big bonnuses for presale like 50 to 100% bonus.
3. Poorly design website
4. New create twitter account ( can be variable but dont focus in this one)
5. Their team unprofesional, and unknown
6. Their mission is to big and seems unreal and cant be happend.
7. they said new customer gurantee will get beyond profit in short term like 1000% profit in a 3 month.
8. Their not selling Project , Platform . their only sell coin their made. everything you see in their threads only go to invest and sell section.
I think we need this stickied.
We need a guide to safety looking for alt coins, knowing what to look for in order to identify a scam.
First rule; Spelling errors.
I am very new to alt-coins, so I'm sure many of you have some advice to give.
We need a guide to safety looking for alt coins, knowing what to look for in order to identify a scam.
First rule; Spelling errors.
I am very new to alt-coins, so I'm sure many of you have some advice to give.
I think to avoid scam in ico you must read the whitepaper and road map... but for me ill make sure that the ico have many member because for me few member is too risky.in airdrop avoid airdrop that need to be donate because airdrop muat be free..
I think we need this stickied.
We need a guide to safety looking for alt coins, knowing what to look for in order to identify a scam.
First rule; Spelling errors.
I am very new to alt-coins, so I'm sure many of you have some advice to give.
see if they have a phony website and also how's their team? We need a guide to safety looking for alt coins, knowing what to look for in order to identify a scam.
First rule; Spelling errors.
I am very new to alt-coins, so I'm sure many of you have some advice to give.
In my opinion, once the altcoin has been indexed, the scam rate is meager, unless it works under the lending model, Ponzi is similar to Bitconnect. New ICO campaigns potentially threaten massive scams as they are likely to scam to raise capital then disappear. So to avoid scam, you need to explore the ICO project or altcoins before investing thoroughly.
I think we need this stickied.
We need a guide to safety looking for alt coins, knowing what to look for in order to identify a scam.
First rule; Spelling errors.
I am very new to alt-coins, so I'm sure many of you have some advice to give.
Spelling errors? Might be included on the indications but not really a strong basis on spotting a scam project.When you are actively engaging into these things then the first thing you should always seek out is the transparency and experience on its developers or on the team because once you have checked on their capability then we can assume that they are legit ones not like on having a shady team.This is the thing i do always seek out. We need a guide to safety looking for alt coins, knowing what to look for in order to identify a scam.
First rule; Spelling errors.
I am very new to alt-coins, so I'm sure many of you have some advice to give.
I think we need this stickied.
We need a guide to safety looking for alt coins, knowing what to look for in order to identify a scam.
First rule; Spelling errors.
I am very new to alt-coins, so I'm sure many of you have some advice to give.
also see their team profile and history We need a guide to safety looking for alt coins, knowing what to look for in order to identify a scam.
First rule; Spelling errors.
I am very new to alt-coins, so I'm sure many of you have some advice to give.
and if they have a phony website
Is there any suggestions for avoiding scam airdrops? I've heard many people lost their wallets, info etc. because of them but I don't understand how this is possible or how to detect if an airdrop is scam.
I think we need this stickied.
We need a guide to safety looking for alt coins, knowing what to look for in order to identify a scam.
First rule; Spelling errors.
I am very new to alt-coins, so I'm sure many of you have some advice to give.
There was an ICO that had everything right. The ICO was very successful yet it was a scam. Hard cap was reached and the Developer too off with the proceeds till date. It is pretty difficult to identify a scam. They are improving their schemes on a daily basis. We need a guide to safety looking for alt coins, knowing what to look for in order to identify a scam.
First rule; Spelling errors.
I am very new to alt-coins, so I'm sure many of you have some advice to give.
I think we need this stickied.
We need a guide to safety looking for alt coins, knowing what to look for in order to identify a scam.
First rule; Spelling errors.
I am very new to alt-coins, so I'm sure many of you have some advice to give.
check their siteWe need a guide to safety looking for alt coins, knowing what to look for in order to identify a scam.
First rule; Spelling errors.
I am very new to alt-coins, so I'm sure many of you have some advice to give.
and
check their team is anonymous or not
Always do 2fa so even they hack your account still you own the code and the very best tactic is to create new account like register again then continue to access their site so you don't have anything in their site,i think also if they can't do to withdraw your coins in the site i'm sure they will not do anything in your coins but still for more i think you need to trust if you already know it.
the main rule to avoid ICO scams is to check how the devs abswers to technical questions and critics.
usually, scammers let you dreams and avoids technical questions.
usually, scammers let you dreams and avoids technical questions.
I think we need this stickied.
We need a guide to safety looking for alt coins, knowing what to look for in order to identify a scam.
First rule; Spelling errors.
I am very new to alt-coins, so I'm sure many of you have some advice to give.
The recent rise of the popularty of bitcoin and many other cryptocurrencies, has lead of course to people abusing this to scam others and make a lot of money, the easiest way to avoid scam is to just stick to the main cryptocurrencies that are well known, but if you are determined to invest in others you should be able to determine who is scaming and who is not, usaly the scam coins will be not listed on the exchange sites, the webiste of the coin is suspicous, thier team will be a bunch of random people, they have no whitepaper or the coin's source code does not exists. We need a guide to safety looking for alt coins, knowing what to look for in order to identify a scam.
First rule; Spelling errors.
I am very new to alt-coins, so I'm sure many of you have some advice to give.
Very useful topic. Thank you all for sharing information. I was very worried about this question. Now it's not so scary to join ico.
My advice would be for you to be careful with all your activities and you should do a triple check on all your transactions. You should also use strong passwords, be mindful of unnecessary emails. Also don't in any circumstance give out your private key.
Jump to: