You got some really great points for preventing people from getting scammed. Team is the key here. If team doesn't really have any background, it is most likely a scam. Many fake ICO even use stock images as a team member. This can be easily identified through image finder. Always do a thorough analysis of the project you are investing in. Never invest because of hype or someone suggested to invest. Because ultimately you are responsible for your investment decisions.
The golden rule is: Do your own research. If you do your own research you will be able to predict the future of your chosen altcoin/ICO and you will not sell your coin in loss. 
Topic: Avoid Being Scammed Again - page 3. (Read 1647 times)
The article is actually very useful, but even it will not help to avoid literate scammers, or simply not successful projects!
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.
I absolutely agree with your statement and also i had learn more things to be avoided being scammed again here thank you for reminding and sharing your ideas in avoiding scams because we all know that we are working here hard so we expect what we expect in our salary not just salary or even more 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 hope a lot of people here learn some tips or ideas earning money is to risky but all you can do is learn from mistakes. life must go on just keep to yourself to improve more.
That is what i wonder about. I also need the answer, if you have, please share with us. tks a lot!
I'm a newbie to this industry and read about different ways in order to earn profit from the crypto world and one thing common I've seen in different sites is that most of them has an ICO but i'm lucky to find your thread and read about different criteria to look on choosing right ICO as well as different scams.
but i would like to share the things I've searched about internet scams that may have an effect in investing to ICO as well as different scams:
https://commodity.com/cryptocurrency/avoid-scams/
https://ethereumworldnews.com/beware-avoid-these-7-cryptocurrency-scams-happening-right-now/
http://smallbusiness.chron.com/types-internet-fraud-work-61078.html
https://blogs.lawyers.com/2011/08/10-most-common-types-of-internet-scams/
https://www.scamwatch.gov.au/types-of-scams
but i would like to share the things I've searched about internet scams that may have an effect in investing to ICO as well as different scams:
https://commodity.com/cryptocurrency/avoid-scams/
https://ethereumworldnews.com/beware-avoid-these-7-cryptocurrency-scams-happening-right-now/
http://smallbusiness.chron.com/types-internet-fraud-work-61078.html
https://blogs.lawyers.com/2011/08/10-most-common-types-of-internet-scams/
https://www.scamwatch.gov.au/types-of-scams
You got some really great points for preventing people from getting scammed. Team is the key here. If team doesn't really have any background, it is most likely a scam. Many fake ICO even use stock images as a team member. This can be easily identified through image finder. Always do a thorough analysis of the project you are investing in. Never invest because of hype or someone suggested to invest. Because ultimately you are responsible for your investment decisions.
It's very difficult to check everything. There is a choice to trust or not to trust.
I agree with this, Although this post may not be totally helpful but there are some things I learned from this. Just like what you've said there are some projects that looks very professionals, all the information was written, perfect whitepaper but ended up being a scam.
In investment the risk is always present so all we have to do is to be responsible in every investments/actions we're going to make.
Yeah, you have a point every investments are risky, although you know that person by the information in the internet but you still dont know its real identity, so if I were on you just be smart on picking where you will invest your money. In investment the risk is always present so all we have to do is to be responsible in every investments/actions we're going to make.
Most cryptos can be hacked, but if you dont want to lose your coins you should buy AML BitCoin. This coin cannot be hacked.
thank you for this information as a learning of the many members who were deceived from the project that the shape is convincing but the result is a scam
i wasscammed before and i learn lesson from it specially in joining ico's. i have to read and check the background of the project before i am going to invest. other people cannot avoid scam because they them self dont check the background.
Yes now the scammers have also developed their technique. They plan so many things beforehand so it becomes very difficult to find a fake social media profile. The attributes mentioned on the website can be sourced from a professional content writer who returns to a very difficult to see name. Many investors are tricked by some Ico. because of this too, some social media prohibit Ico ads. I think you as an investor must be good at choosing Ico by studying in depth through their project and their team before investing. I usually believe Ico if there are some amazix people who manage Ico.
I really have not been scammed so I do not doubt any program, most of the programs have the sincerity of it you can trust in the program ico is co-trust, you should not have negative thoughts on the ico program
You can prevent being scammed just be smart in everything in crpto,my little advice to you is make a research about the project want to invest this make sure that will gain and not be scam,and also be strictly active in their social media sites like fb ,twitter and so on.
I totally agree with your tips. In order for us yo avoid these type of scams especially newbies, we have to research and be observant. There are those scammers who are waiting for you to tale the bait and scalp money as much as they can.
It will be very useful to us, you deserve my big thumbs up for you because I don't have merit right now so maybe thank you for now. Preventing the scam with the use of your tips wpuld be great.
Thank you for the information that we need to avoid scammers. Recently, I've been scam and from this I learned a lot and have a knowledge to avoid scammers and phising sites.
Still thankful that ever since i started on bitcoin community, i am not yet scammed. Hopefully i won't experience To be scammed.
Its good to be scammed sometime because you will learn from it, I personally made a mistake before but of course I bounce back high with a help of cryptocurrency. Keep yourseld updated here in the market and don’t invest if you are not confident about the project and the team behind it.Experience is best teacher. Some peoples learn from their mistake and some dont. In crypto world, we should always carefull before we investing our money because its new bussiness and not many peoples understand about crypto. I am believe learning from experience will guide us to better future
Still thankful that ever since i started on bitcoin community, i am not yet scammed. Hopefully i won't experience To be scammed.
Its good to be scammed sometime because you will learn from it, I personally made a mistake before but of course I bounce back high with a help of cryptocurrency. Keep yourseld updated here in the market and don’t invest if you are not confident about the project and the team behind it.
Still thankful that ever since i started on bitcoin community, i am not yet scammed. Hopefully i won't experience To be scammed.
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