Topic: Avoid cryptocurrency scams (Read 543 times)
Be diligent and updated of the potential scams in the community. Educate yourself on what are the possible scams that may occur such as phishing scams/hacks, no escrow scams, free ether giveaway scams and other types of too good to be true offers.
Fraudsters are everywhere and don't visit or click on unauthorized sites or links.
Learning more about how blockchain technology works, learning more about the project's purpose, and knowing the team's developers will help understand and understand more details about the project's legality or fraud.
Learning more about how blockchain technology works, learning more about the project's purpose, and knowing the team's developers will help understand and understand more details about the project's legality or fraud.
I personally think that the cryptocurrency market has always been ups and downs. It is normal for the Walton chain to fall. I think that as an investor, the most important thing is patience. Without patience, you will have nothing to do.
We all want to avoid this, but today many people still come across similar projects and there are a lot of such projects, because today there are no services that would filter these projects, today many projects just do what they collect money.
Yes, this is true that all of us wants to avoid scams but we cannot easily determine whether the certain cryptocurrency is a scam. We need to be careful for the things that we do. In joining the projects, we need to gather first data and information or maybe background about the project we are going to join in. Being wise is the best weapon against the scams.
There are so many scams are active in crypto industry. I think you just have to choose the reliable sources for any kind of news and announcement.
You mean ICOs, OP? A coin is a coin. When it hits the trading sites after the ICO, it is not a scam anymore. It could be not profitable but scam =/= low profitability.
If you're referring to how to avoid scams then don't be blinded by that large allocation of tokens in bounties, I am pretty sure that you're hunting one. Are you lazy to read the whitepaper? That could be the 40% of your safety in investing your time in ICOs when you start reading them. There are some sites where ICOs are being rated by such ICOs expert.
Do not get so easily triggeredly joined after you saw that 5-star ICO. Those ratings could be a pay out for those raters. I mean it is an option for someone to pay an adviser to conclude their ICO as a good ico, good whitepaper and such.
It is upon your knowledge, not someone else on how can these scammy projects get avoided.
Nowadays, scams are everywhere even here in crypto. They are spreading their bad deeds and intentions. But it is our responsible to avoid every scams that we are going to face. We should study and read a lot to know what is legitimate or not. We must be very careful and not to be gullible. If you're referring to how to avoid scams then don't be blinded by that large allocation of tokens in bounties, I am pretty sure that you're hunting one. Are you lazy to read the whitepaper? That could be the 40% of your safety in investing your time in ICOs when you start reading them. There are some sites where ICOs are being rated by such ICOs expert.
Do not get so easily triggeredly joined after you saw that 5-star ICO. Those ratings could be a pay out for those raters. I mean it is an option for someone to pay an adviser to conclude their ICO as a good ico, good whitepaper and such.
It is upon your knowledge, not someone else on how can these scammy projects get avoided.
You mean ICOs, OP? A coin is a coin. When it hits the trading sites after the ICO, it is not a scam anymore. It could be not profitable but scam =/= low profitability.
If you're referring to how to avoid scams then don't be blinded by that large allocation of tokens in bounties, I am pretty sure that you're hunting one. Are you lazy to read the whitepaper? That could be the 40% of your safety in investing your time in ICOs when you start reading them. There are some sites where ICOs are being rated by such ICOs expert.
Do not get so easily triggeredly joined after you saw that 5-star ICO. Those ratings could be a pay out for those raters. I mean it is an option for someone to pay an adviser to conclude their ICO as a good ico, good whitepaper and such.
It is upon your knowledge, not someone else on how can these scammy projects get avoided.
Well, why, I think we all can share our pieces of advice in order to make our lives simplier and better. So i do nog mind sharing my experience If you're referring to how to avoid scams then don't be blinded by that large allocation of tokens in bounties, I am pretty sure that you're hunting one. Are you lazy to read the whitepaper? That could be the 40% of your safety in investing your time in ICOs when you start reading them. There are some sites where ICOs are being rated by such ICOs expert.
Do not get so easily triggeredly joined after you saw that 5-star ICO. Those ratings could be a pay out for those raters. I mean it is an option for someone to pay an adviser to conclude their ICO as a good ico, good whitepaper and such.
It is upon your knowledge, not someone else on how can these scammy projects get avoided.
I think this requires you to seriously understand the cryptocurrency you are investing in! I think that before you invest, you should learn more about its background, the popularity of his team and its projects! These are all important!
Hello, the news of growing numbers of cryptocurrency scams is really terrifying for the investors and holders. Can you suggest me how can I avoid this scams.
it is easier to say then do. I would recommend you to watch closely at the project and read whitepaper carefully. if any doubts - do not participate
Great stages, site straightforwardness, awesome colleagues and great abundance directors, that will be your premise with regards to where you have to put your cash on this industry, just like stock trade, you should first know the organization you are contributing with so you won't be misled. In this regard bitcoin is the best but be aware of the wicked people.
in my own opinion you can avoid scams by studying the ICO your trying to invest with. make sure you understand their projects.
and make sure they are giving you security. just like this ICO, https://medium.com/@dcc.finance2018/dcc-token-sale-is-upon-us-and-we-want-you-to-participate-safely-7f7613e4237c
To learn more about DCC, you can visit their website at http://dcc.finance/ or follow them on Twitter at https://twitter.com/DccOfficial2018
and make sure they are giving you security. just like this ICO, https://medium.com/@dcc.finance2018/dcc-token-sale-is-upon-us-and-we-want-you-to-participate-safely-7f7613e4237c
To learn more about DCC, you can visit their website at http://dcc.finance/ or follow them on Twitter at https://twitter.com/DccOfficial2018
I encourage the innovative investor to read guides as well to get a fuller picture of how most of the opportunities in crypto. Or simply focus on the red flags that could quickly help to highlight the risk of investments.
you can check everything on the web, starting from their original address or not, their team is there or not, and all their information about their ico sale should be transparency
There's a lot of cryptocoin as of now in the market. To avoud getring scam or losing your money you need to do a research , asking expert trader about the altcoins you want to buy. If the ICO they ahve big chance to lose your money becaude you do not know if the founder list their coin or not.
Yes, you are right fake news are affecting the crypto industry a lot. For this I can only suggest you to get directly involved in the market instead of listening to others and trusting others.
to avoid cryptocurrency which is scam in my opinion it is very difficult as i am looking to avoid cryptocurrency which scam is already a bit difficult as they try to influence the investors with valid information. but in fact it is not valid.
Hello, the news of growing numbers of cryptocurrency scams is really terrifying for the investors and holders. Can you suggest me how can I avoid this scams.
Good platforms, website transparency, great team members and good bounty managers, that will be your basis when it comes to where you need to put your money on this industry, just liek stock exchange, you must first know the company you are investing with so that you will not be scammed.
BTCsuggestion would be for investors and holders to avoid scams to become wise enough to believe what ever people say, and relay on own research most of the time, knowledge is the key.BTC
Yeah, we should be aware of this scam projects.
I created a thread about things to know to avoid scam projects in our local. Soon i will translate it in english and post it on begginers thread. It seems that it's a great help for some newbies.
I created a thread about things to know to avoid scam projects in our local. Soon i will translate it in english and post it on begginers thread. It seems that it's a great help for some newbies.
Knowing what scams are out there and being careful with your information is step #1. Avoiding questionable links or airdrops is also a good idea. Scammers mainly try to get your private key so that they can access your funds and transfer it out.
There is a project that is currently in ICO called CryptoPolice that is trying to actively fight scams by educating the public and keeping track of different kind of scams. You might check them out if you are interested.
There is a project that is currently in ICO called CryptoPolice that is trying to actively fight scams by educating the public and keeping track of different kind of scams. You might check them out if you are interested.
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