The information that you had shared
OP in this forum is such useful to the new comers ,we know there are lots of ICO that are scammed and we cannot avoid sometimes that we cam invest with that ICO so with your informative thought the new ones can determine what should do before joining it.
Topic: Avoid Being Scammed Again - page 5. (Read 1671 times)
I've been scam for many times. And I have learned that in all my ways. So it's good to see how good ICO will be. One of our need to know whether legitimate and true is legitimate is to see their transparency. We can see immediately if they are the most visible faces on their websites, whitepapers and social media accounts
Thank you so much for this information me and my friend got hacked and got scammed thank for this ill read it carefully and share it to my friend to avoid being scammed
This good for newbie like me, i've been scammed many times on joining ICO, i will try to be more selective and aware. But i think this thread should be on altcoin section.
sometimes they are using a fake whitepaper ... so from that .. we must examine first .. do not be originally ... also must with negotiations in the group or something .. so we are not easy to get ripped off by the fake it😊
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.
Thank's for the information that you shared with us. Because it serve us a guide inorder to let us know the real ICOs. And to prevent from those scammed ICOs. Because honestly its hard to choose the right ICOs at this time...and we are afraid to lose our money that's is why I am very thankful about the information that you give to us.
I deceived again only when I decided to wait until the coin is still growing by 100% since it is already greed, and it was necessary to sell and buy when it falls!
This is indeed a great opportunity to read for the beginners to learn. That's great that people are helping at each other so that we will not be scam again by many people.
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.
To me one of the things that I have learned personally to avoid being scammed is to never trust fully. What I mean by that is to always double check to verify to continually ask questions and try to figure put for yourself the truth. If something is more than what it appears or if anything seems farcetched and too easy to attain then for me that is a sign that this is a scam and almost too good to be true which means it should be a no for me.
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Your information is of great help to me as a novice. Now I will be more careful with the ICO project, because I lost 5 ETH in ICO last year.
If you don't want to be scammed I strongly recommend you AML BitCoin (ABTC). The patent for this crypto has been approved, and AML BitCoin rests on a privately regulated public blockchain that facilitates AML-KYC compliance and identifies criminals associated with illicit transactions while maintaining and strengthening the privacy protections for legitimate users.
This post is very helpful u explained very well and helps me as well.i joined and invested in some ico and my goal is to gain profit but some of that ico turned scam and not successful.its like wasting money but need to move on and invest again.but this time i do some research to the background.thank you for this guide.
We could use some good regulations on ico to avoid scams
Your post shows us how much work and research you would have done to make this post. I appreciate your hardwork brother.
It is indeed hard sometimes to differentiate between a genuine ICO and a scam ICO. Also, there are some ICOs which people create just to scam others and there are some genuine ICOs as well which scam the people at the end and run away with their money. Those are the difficult ones to identify.
This post can help a lot of investors to prevent themselves from investing into such scam ICOs.
It is indeed hard sometimes to differentiate between a genuine ICO and a scam ICO. Also, there are some ICOs which people create just to scam others and there are some genuine ICOs as well which scam the people at the end and run away with their money. Those are the difficult ones to identify.
This post can help a lot of investors to prevent themselves from investing into such scam ICOs.
Your guide very clear sir, ico scammed are haunted every people who would like to become an investor, and at least this will reduce the risk of scammed again.
this is was very useful to others me and my friend know the pained of being hack well we were more wiser now and thanks for this i know there is a lot people will learn a lesson and a way to this post.
There are some very professional looking projects, all the information was written, perfect whitepaper but in the end a scam.
In investment, risk is always present, so all we have to do is take responsibility for every investment / action we take.
In investment, risk is always present, so all we have to do is take responsibility for every investment / action we take.
In order not to be scammed again, you need to choose the reliable ICO project. I would like to recommend you to try USECHAIN, it is definitely not a scam. If you are interested, then have a closer look at it here https://www.usechain.net/.
It is very hard to determine If the ICO is a scam or not because some scammer is very professional too and really also invest to make their ICO look like real.
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