Topic: Avoid Being Scammed Again (Read 1647 times)
As if we have not yet avoided it, it will still be the case that people will simply begin to use what you do not know and will be deceived several times. We definitely need services to identify scam. This will probably be the right decision.
Good advice, way too many people are too relaxed when it comes to protecting their coins and if you have not been scammed before then you will not know how painful it is to get your coins stolen from you. Always make sure that you are following accurate security measures when it comes to the access and usage of your coins and your wallet because you don't know who might be lurking
I've seen many users complaining about being scammed by ICO projects most of them are new investors which probably gonna be the next generation of investors in cryptocurrency industry. I've been here in the cryptocurrency industry for a year and I've invested into different projects and seen how they disappear in the thin air, so to avoid this I want to share to you my criteria on choosing the right ICO or project to invest in.
This is not guaranteed but maybe in some point it may help you atleast to reduce the possibility on getting scammed by ICO's, the list below are my personal criteria how I choose Project to invest with using bitcoin or other cryptocurrency:
This topic related articles may help you feel free to check:
https://www.entrepreneur.com/article/306563
http://strategiccoin.com/3-ways-to-identify-an-ico-scam/
https://cryptona.co/valuable-tips-to-avoid-a-ico-scam/
https://blockgeeks.com/how-not-to-be-scammed-by-a-initial-coin-offering/
https://medium.com/@99cryptoman/how-to-avoid-scammers-when-investing-in-ico-489cfadcb0f6
https://www.cryptocompare.com/coins/guides/how-to-avoid-scam-icos/
Edit:
I've added this article links about different scams and how did they work so you have idea what are the different scams strategies so you can easily spot and avoid them:
https://steemit.com/cryptocurrency/@veeev/scamsintheworldofcryptocurrency-rzd5dwo060
https://techcrunch.com/2017/12/07/6-red-flags-of-an-ico-scam/
https://blockonomi.com/exit-scam/
https://coinsutra.com/cryptocurrency-scams/
https://www.makeuseof.com/tag/common-cryptocurrency-scams/
https://themerkle.com/top-3-types-of-bitcoin-scams/
https://www.finder.com/ph/bitcoin-scams
NOTE: Investment is one of the riskiest way to earn money. Invest only what you can afford to lose, in investment there's only two possible outcome it's either you will earn or you will learn. Learn from your mistakes.
Just like what I've said this steps are my personal steps on choosing ICO/Projects in where I'm going to invest in. This may not help you but I hope you'll learn at least a little in my little sharing. Have great day every one, ciao.
PS. If you have something to share in order to avoid scam or any topic related feel free to share so everyone will learn from us.
Even though i'm not an investors, but the tread is really good. I've always done few of those you mentioned before to avoid scam project. Cause doing bounty campaign on a scam project is a pain in the ..., that way i should find a way to minimize the chance of being scammed. This is not guaranteed but maybe in some point it may help you atleast to reduce the possibility on getting scammed by ICO's, the list below are my personal criteria how I choose Project to invest with using bitcoin or other cryptocurrency:
- Check the Background of the team (If the team didn't give info about each member of the team such as name previous projects, background, etc. There's a possibility that they will just run away with your money if they didn't give info's about their team.)
- Read their whitepaper and look if it's really worth to invest with, their concept, etc. (This is important to know what the project is all about.)
- Check the Social media accounts, If you find it very interesting presentable. (Join their telegram group in order to be updated.)
- Check the Projects professionalism (How they handle users, control frauds, etc.)
- Follow their Roadmap and other technical details and see if they meet it on time.
- Look for the projects community and see if the community is active.
- Look for special proof and validation.
- Do your own research about the project such as review about the projects or you can also check the projects ANN thread to see comments who's agree/disagree or the communities idea about the project because ANN threads is like an open forum where you can ask, give insights, etc.
This topic related articles may help you feel free to check:
https://www.entrepreneur.com/article/306563
http://strategiccoin.com/3-ways-to-identify-an-ico-scam/
https://cryptona.co/valuable-tips-to-avoid-a-ico-scam/
https://blockgeeks.com/how-not-to-be-scammed-by-a-initial-coin-offering/
https://medium.com/@99cryptoman/how-to-avoid-scammers-when-investing-in-ico-489cfadcb0f6
https://www.cryptocompare.com/coins/guides/how-to-avoid-scam-icos/
Edit:
I've added this article links about different scams and how did they work so you have idea what are the different scams strategies so you can easily spot and avoid them:
https://steemit.com/cryptocurrency/@veeev/scamsintheworldofcryptocurrency-rzd5dwo060
https://techcrunch.com/2017/12/07/6-red-flags-of-an-ico-scam/
https://blockonomi.com/exit-scam/
https://coinsutra.com/cryptocurrency-scams/
https://www.makeuseof.com/tag/common-cryptocurrency-scams/
https://themerkle.com/top-3-types-of-bitcoin-scams/
https://www.finder.com/ph/bitcoin-scams
NOTE: Investment is one of the riskiest way to earn money. Invest only what you can afford to lose, in investment there's only two possible outcome it's either you will earn or you will learn. Learn from your mistakes.
Just like what I've said this steps are my personal steps on choosing ICO/Projects in where I'm going to invest in. This may not help you but I hope you'll learn at least a little in my little sharing. Have great day every one, ciao.
PS. If you have something to share in order to avoid scam or any topic related feel free to share so everyone will learn from us.
the scam is to be overcome. When it is not able to resolve this or are not capable of analyzing the existing ICO scam then I think investors will not get the results they want. as a result, it is natural when currently many ICO could not succeed because it does not have investors and insufficient in their sales targets. at least the analysis will help though not a guarantee can be entirely able to avoid scam.
I think that Your information has helped and will help many, beginners and professional investors in cryptocurrency.
Nonetheless, now, many trick ventures are exceptionally keen. They can play conveniently and without exciting doubt. Presumably the same as should be expected ICO. The ICO trick likewise has an organized and orderly structure to cheat its enthusiasts. Furthermore, this is extremely unpleasant. I here and there still delay to contribute. As an answer, I had a discourse with my companions about the venture.
I've seen many users complaining about being scammed by ICO projects most of them are new investors which probably gonna be the next generation of investors in cryptocurrency industry. I've been here in the cryptocurrency industry for a year and I've invested into different projects and seen how they disappear in the thin air, so to avoid this I want to share to you my criteria on choosing the right ICO or project to invest in.
This is not guaranteed but maybe in some point it may help you atleast to reduce the possibility on getting scammed by ICO's, the list below are my personal criteria how I choose Project to invest with using bitcoin or other cryptocurrency:
This topic related articles may help you feel free to check:
https://www.entrepreneur.com/article/306563
http://strategiccoin.com/3-ways-to-identify-an-ico-scam/
https://cryptona.co/valuable-tips-to-avoid-a-ico-scam/
https://blockgeeks.com/how-not-to-be-scammed-by-a-initial-coin-offering/
https://medium.com/@99cryptoman/how-to-avoid-scammers-when-investing-in-ico-489cfadcb0f6
https://www.cryptocompare.com/coins/guides/how-to-avoid-scam-icos/
Edit:
I've added this article links about different scams and how did they work so you have idea what are the different scams strategies so you can easily spot and avoid them:
https://steemit.com/cryptocurrency/@veeev/scamsintheworldofcryptocurrency-rzd5dwo060
https://techcrunch.com/2017/12/07/6-red-flags-of-an-ico-scam/
https://blockonomi.com/exit-scam/
https://coinsutra.com/cryptocurrency-scams/
https://www.makeuseof.com/tag/common-cryptocurrency-scams/
https://themerkle.com/top-3-types-of-bitcoin-scams/
https://www.finder.com/ph/bitcoin-scams
NOTE: Investment is one of the riskiest way to earn money. Invest only what you can afford to lose, in investment there's only two possible outcome it's either you will earn or you will learn. Learn from your mistakes.
Just like what I've said this steps are my personal steps on choosing ICO/Projects in where I'm going to invest in. This may not help you but I hope you'll learn at least a little in my little sharing. Have great day every one, ciao.
PS. If you have something to share in order to avoid scam or any topic related feel free to share so everyone will learn from us.
This is not guaranteed but maybe in some point it may help you atleast to reduce the possibility on getting scammed by ICO's, the list below are my personal criteria how I choose Project to invest with using bitcoin or other cryptocurrency:
- Check the Background of the team (If the team didn't give info about each member of the team such as name previous projects, background, etc. There's a possibility that they will just run away with your money if they didn't give info's about their team.)
- Read their whitepaper and look if it's really worth to invest with, their concept, etc. (This is important to know what the project is all about.)
- Check the Social media accounts, If you find it very interesting presentable. (Join their telegram group in order to be updated.)
- Check the Projects professionalism (How they handle users, control frauds, etc.)
- Follow their Roadmap and other technical details and see if they meet it on time.
- Look for the projects community and see if the community is active.
- Look for special proof and validation.
- Do your own research about the project such as review about the projects or you can also check the projects ANN thread to see comments who's agree/disagree or the communities idea about the project because ANN threads is like an open forum where you can ask, give insights, etc.
This topic related articles may help you feel free to check:
https://www.entrepreneur.com/article/306563
http://strategiccoin.com/3-ways-to-identify-an-ico-scam/
https://cryptona.co/valuable-tips-to-avoid-a-ico-scam/
https://blockgeeks.com/how-not-to-be-scammed-by-a-initial-coin-offering/
https://medium.com/@99cryptoman/how-to-avoid-scammers-when-investing-in-ico-489cfadcb0f6
https://www.cryptocompare.com/coins/guides/how-to-avoid-scam-icos/
Edit:
I've added this article links about different scams and how did they work so you have idea what are the different scams strategies so you can easily spot and avoid them:
https://steemit.com/cryptocurrency/@veeev/scamsintheworldofcryptocurrency-rzd5dwo060
https://techcrunch.com/2017/12/07/6-red-flags-of-an-ico-scam/
https://blockonomi.com/exit-scam/
https://coinsutra.com/cryptocurrency-scams/
https://www.makeuseof.com/tag/common-cryptocurrency-scams/
https://themerkle.com/top-3-types-of-bitcoin-scams/
https://www.finder.com/ph/bitcoin-scams
NOTE: Investment is one of the riskiest way to earn money. Invest only what you can afford to lose, in investment there's only two possible outcome it's either you will earn or you will learn. Learn from your mistakes.
Just like what I've said this steps are my personal steps on choosing ICO/Projects in where I'm going to invest in. This may not help you but I hope you'll learn at least a little in my little sharing. Have great day every one, ciao.
PS. If you have something to share in order to avoid scam or any topic related feel free to share so everyone will learn from us.
This is a very useful thread/post, most of the newbie investors need this one. Just like, prevention is better than cure. Well, let's make it more simple... human have a sinful nature and one of those is to be greedy specially when money is the main character, so if you want to avoid those kind of crap human mind, better to read those things and learn atleast the important detail above.
This is so true and I always do this, " Do your own research about the project such as review about the projects or you can also check the projects ANN thread to see comments who's agree/disagree or the communities idea about the project because ANN threads is like an open forum where you can ask, give insights, etc."
In some cases despite the fact that we have picked with certainty and guarantee it won't tricks.. in any case, rather got tricks or not fruitful additionally it might in light of the fact that welcomed by somebody. All things considered, I think the fact of the matter is to have the capacity to developing everything identified with a specific undertaking now and again and gain from numerous encounters additionally difficult to accept.
The problem of scam is very acrual nowadays and it couldn't be avoided because of it too serious influence on the cryptomarket's development and recieving investments.
this is break that is requisite close to each ICO owner remarkably championing novices allying me, so the beginner divulge apart which individual is scamed and which is out-of-doors. on a former matter dorsum I say thank you.
hanks for this helpful post! I do not invest in many ICOs so experience is very limited. I can only try to read the project as thoroughly as possible and analyze them. Then if I believe I will invest in it. 
Top rated details...thank you
Thanks a lot for useful information)
Hope someone gives you a merit for your job!
Hope someone gives you a merit for your job!
This fear is widely spread on the cryptomarket and this problem is really very actual for this time. I agree with your points how to avoid it. I follow some of them.
Your exposure is quite helpful for us, so we have a broader perspective on ICO. Investment does have a big risk, but if we can conquer it, there will be a very big result that we can get it. And some mistakes from getting stuck in our scam ICO do not make us regret and resign. There is much science that we can get from the mistakes we have experienced, to be more careful again in choosing ICO.
Or. You could be the victim and next time you wont get scammed again. 
That is the fastest way.
In terms of prevention though, what he said will be good pointers to consider. Do not just jump into the hype. Research and do it over and over.
Check their social media. There might be clues there for legitimacy checking. You are fighting pro scammers so better be pro in digging who they are.
That is the fastest way.
In terms of prevention though, what he said will be good pointers to consider. Do not just jump into the hype. Research and do it over and over.
Check their social media. There might be clues there for legitimacy checking. You are fighting pro scammers so better be pro in digging who they are.
I recently heard about this eosGAS airdrop scam where they tolled people that they are getting 10k eosGAS tokens. Lot of people registered but it turns out that it was scam they were asking people to verify their wallet on their site which looked like mew and they were stealing peoples private keys.
What a useful write up, so many bitcoinist will find it useful but I'll share this candid advice to potential investors not to be gullible and greedy... Do your homework by digging deep about the project before investing and lastly invest 💰 you can afford to lose
I've seen many users complaining about being scammed by ICO projects most of them are new investors which probably gonna be the next generation of investors in cryptocurrency industry. I've been here in the cryptocurrency industry for a year and I've invested into different projects and seen how they disappear in the thin air, so to avoid this I want to share to you my criteria on choosing the right ICO or project to invest in.
This is not guaranteed but maybe in some point it may help you atleast to reduce the possibility on getting scammed by ICO's, the list below are my personal criteria how I choose Project to invest with using bitcoin or other cryptocurrency:
This topic related articles may help you feel free to check:
https://www.entrepreneur.com/article/306563
http://strategiccoin.com/3-ways-to-identify-an-ico-scam/
https://cryptona.co/valuable-tips-to-avoid-a-ico-scam/
https://blockgeeks.com/how-not-to-be-scammed-by-a-initial-coin-offering/
https://medium.com/@99cryptoman/how-to-avoid-scammers-when-investing-in-ico-489cfadcb0f6
https://www.cryptocompare.com/coins/guides/how-to-avoid-scam-icos/
Edit:
I've added this article links about different scams and how did they work so you have idea what are the different scams strategies so you can easily spot and avoid them:
https://steemit.com/cryptocurrency/@veeev/scamsintheworldofcryptocurrency-rzd5dwo060
https://techcrunch.com/2017/12/07/6-red-flags-of-an-ico-scam/
https://blockonomi.com/exit-scam/
https://coinsutra.com/cryptocurrency-scams/
https://www.makeuseof.com/tag/common-cryptocurrency-scams/
https://themerkle.com/top-3-types-of-bitcoin-scams/
https://www.finder.com/ph/bitcoin-scams
NOTE: Investment is one of the riskiest way to earn money. Invest only what you can afford to lose, in investment there's only two possible outcome it's either you will earn or you will learn. Learn from your mistakes.
Just like what I've said this steps are my personal steps on choosing ICO/Projects in where I'm going to invest in. This may not help you but I hope you'll learn at least a little in my little sharing. Have great day every one, ciao.
PS. If you have something to share in order to avoid scam or any topic related feel free to share so everyone will learn from us.
This is not guaranteed but maybe in some point it may help you atleast to reduce the possibility on getting scammed by ICO's, the list below are my personal criteria how I choose Project to invest with using bitcoin or other cryptocurrency:
- Check the Background of the team (If the team didn't give info about each member of the team such as name previous projects, background, etc. There's a possibility that they will just run away with your money if they didn't give info's about their team.)
- Read their whitepaper and look if it's really worth to invest with, their concept, etc. (This is important to know what the project is all about.)
- Check the Social media accounts, If you find it very interesting presentable. (Join their telegram group in order to be updated.)
- Check the Projects professionalism (How they handle users, control frauds, etc.)
- Follow their Roadmap and other technical details and see if they meet it on time.
- Look for the projects community and see if the community is active.
- Look for special proof and validation.
- Do your own research about the project such as review about the projects or you can also check the projects ANN thread to see comments who's agree/disagree or the communities idea about the project because ANN threads is like an open forum where you can ask, give insights, etc.
This topic related articles may help you feel free to check:
https://www.entrepreneur.com/article/306563
http://strategiccoin.com/3-ways-to-identify-an-ico-scam/
https://cryptona.co/valuable-tips-to-avoid-a-ico-scam/
https://blockgeeks.com/how-not-to-be-scammed-by-a-initial-coin-offering/
https://medium.com/@99cryptoman/how-to-avoid-scammers-when-investing-in-ico-489cfadcb0f6
https://www.cryptocompare.com/coins/guides/how-to-avoid-scam-icos/
Edit:
I've added this article links about different scams and how did they work so you have idea what are the different scams strategies so you can easily spot and avoid them:
https://steemit.com/cryptocurrency/@veeev/scamsintheworldofcryptocurrency-rzd5dwo060
https://techcrunch.com/2017/12/07/6-red-flags-of-an-ico-scam/
https://blockonomi.com/exit-scam/
https://coinsutra.com/cryptocurrency-scams/
https://www.makeuseof.com/tag/common-cryptocurrency-scams/
https://themerkle.com/top-3-types-of-bitcoin-scams/
https://www.finder.com/ph/bitcoin-scams
NOTE: Investment is one of the riskiest way to earn money. Invest only what you can afford to lose, in investment there's only two possible outcome it's either you will earn or you will learn. Learn from your mistakes.
Just like what I've said this steps are my personal steps on choosing ICO/Projects in where I'm going to invest in. This may not help you but I hope you'll learn at least a little in my little sharing. Have great day every one, ciao.
PS. If you have something to share in order to avoid scam or any topic related feel free to share so everyone will learn from us.
I think ICO as we know them almost dead, always read carefully the ICO white paper and learn about the team and their project execution capabilities!
I heard many stories about ICO review so DYOR - Do Your Own Research!
Here is a guide on how to detect ICO Scams I wrote
https://101blockchains.com/how-to-spot-ico-scams/
Hope it is helpful
There is no way we will have a market this big, over $300 billion and not have scammers in the space. Most people who got scammed are either greedy and fail to see the obvious. I could remember when here on this forum Bitconnect were called scam, some people stand up for them defending the Ponzi and we all know how that ends. Read and research the project
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