Topic: How can we protect ourselves from scam? - page 18. (Read 5536 times)
One of the best things for you to do as a cryptocurrency investor to protect yourself from scams is to make sure that you are crosschecking everything before you invest yourself in them. There are so many ways for scammers to get to your coins so you want to make sure that whatever you are doing that you are making sure that you are on the right sites
in my opinion it's a very easy thing, basically we don't trust anyone here especially if you want to invest in ico because fraudsters now use fake names in telegram by saying if they are a team or use names that are almost the same as teams
Fraud develops every year and you can serovno get to the tricks, but of course if you follow the rules , you can reduce the risks of getting to the trick scams, you need to check on a few times and you will always be sure!
There are some preventive measures. You can improve your security level by making analysis and getting in touch with professionals.
Also don't disclose your data to 3rd parties.
Also don't disclose your data to 3rd parties.
It is very hard to know who's the scammers and which project are legit, i've have been here for quit sometime but until now i can't determine them, for me to avoid scam projects I always select thus who has an existing project.
The best way to protect ourselves from scammers is to keep our self well informed and be vigilant. If we notice scams we must share it with others as well to help them not fall for scammers. Some people easily fall for scammers because they are too greedy. We must always read and acquire new informations to keep ourselves updated with the latest.
the problem is to find the new coin that can do a big % of price grow...we must look for coins that are not ico or bounty but people are too stupid for this....I regret I did not get bought coins like litecoin,vertcoin or viacoin when they were very very low in 2015...there is a good dose of luck of course, but you must always do your own researches...for example watch Elicoin in livecoinwatch , is not an ICO or bounty... it's a coin with low mc, low supply, PoW whit cpu, no premine, active dev...only trading it on CREX24 for now...do you own researches in the thread in bitcointalk: https://bitcointalksearch.org/topic/anneli-elicoin-cpu-mining-only-exchange-available-3028302... people are too stupid for DYOR and got scammed by ICO or bounty...just my 2 cents...hope it helps...cheers
It's actually very difficult to determine , for this you need to research the company very carefully , but usually if it's a bad team and a project idea , then it's a great indicator.
The best way to protect yourself from scam is to thoroughly check all the ICOs you are going to invest in, or check projects when you are going to participate in in the bounty campaigns..
It would probably be very good to defend oneself, but today there are very few normal projects and very little time in order to process all that is on the market today. It seems to me that today we still need to understand that projects definitely cannot be safe.
If you want to protect yourselves from scammer then improve your reseach on crypto or take advies from good professional crypto adviser. both are the good option the choice is yours !!! keep eye on market !!
Scammers can be quite easily identified.
Really?They usually have cheap sites with poor translation into foreign languages. They also have a small project team. At the same time, none of them holds public meetings with investors.
Most of scammers nowadays are really smart and smarter than you. Even though they have good design site and wannabe cryptocurrency team that looking so promising, the chance of getting scammed is really high these days. You can't believe anything in the internet. The crypto world is so vast and they are interest from all continents of the world. Some investors / projects came with good intentions to make the world a better place while some to defraud investors and projects founder. Can we have a better way correct scam and lapses?
Before you get involved in any crypto investment you should be able to carry out a due diligent search to ascertain the validity of the project before you put in your hard earned money to avoid been scammed.
first of all, we should invest money, that we will not regret to loose. also, we should be careful and patient when we look for projects. that will help
We always need to be careful with projects that you are taking part in. Always check the team members, the whitepaper, developers, community and much more. Just spend like 5-6 hours and it will help you to avoid scam projects and to save a lot of money.
The crypto world is so vast and they are interest from all continents of the world. Some investors / projects came with good intentions to make the world a better place while some to defraud investors and projects founder. Can we have a better way correct scam and lapses?
The best thing you can do to protect your self is to avoid joining investment schemes where you are promised to receive good profit in just a short span of time. You must always keep in mind that no one will ever let you earn money in an easy way. Cryptocurrency is the easiest way to scam people since most people are eager to risk their money to earn easy profit.
I think each project should be mandated to register before they can be authorised to sell tokens to investors, every founder and developers of project should come to the regulators to register and any company that doesn't have that done should be labeled as scam.
Well, there is no 100 percent safety against scam, as there is not much difference between legit and scam projects. Both of them have been using good marketing technique to promote their products. Despite that by researching well you can have good understanding about legit and scam projects.
Scammers can be quite easily identified. They usually have cheap sites with poor translation into foreign languages. They also have a small project team. At the same time, none of them holds public meetings with investors.
We can protect ourselves only by working together. It is necessary to share information in this forum about your suspicions and together to conduct investigations . And then to punish cheaters in every way. Only then can the market the ICO and this forum will be clean from bad people and projects
it's very difficult to avoid fraud, because we don't know the project is right or just fraud. even our predictions cannot guarantee 100% to avoid fraud.
One solution to avoid fraud is that we must be more careful and do not rush to do something.
One solution to avoid fraud is that we must be more careful and do not rush to do something.
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