How can we protect ourselves from scam? - page 2.

AmoreJaz

legendary

Activity: 3122

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: Aponkye1 on January 18, 2019, 03:44:16 PM

First of all before you invest into any cryptocurrency please do your due diligence and also don't be too greedy because most scam schemes become successful out of the greed of some members. For instance someone tells you that he is offering 1ETH for 50 bucks and the transaction also is taking place on telegram. Grin

It's sounds so awful when i hear that people are being scammed in crypto investments.

or better yet, not invest at all in these ICOs. wait for them to hit in the exchanges and you can get them dirty cheap as compared to their ico prices. that is, if you believe a particular project. don't buy a coin that has no probability of increasing its price.

Felipeo

sr. member

Activity: 476

Merit: 262

EOSABC

Yep this market is full of scams. Not only this market every market where money transaction is high you will find many kind of scams. In this market you will find ico scams and and hacks and many more. The only way to get out of this scams are gathering knowledge. You just have to do some research or think about your steps. Don't take fast decision take time and think about it then go for any investment. And when you investing in a project just do some research on your own. That is the only way out.

Huntler1993

member

Activity: 462

Merit: 13

It's just simple lets do a lot of research on any project we try to join in order to confirm how legit it is and also we should try and learn from others mistakes. This will really save a us a lot.

A7373

member

Activity: 602

Merit: 15

I think at first some project teams want to create real useful projects, but when they recieve a lot of money from investors they forgot about their plans.

fianaindriati

sr. member

Activity: 700

Merit: 250

as far as I know, the way to avoid fraud is difficult ... because we can never know, which ones are fraudulent or not ... because everything sometimes looks the same ... so we need to be careful ... because now there are so many fraud which often happens ..

Gryphet

jr. member

Activity: 196

Merit: 1

If you are about the theft of funds , I think you do not need to store all the money on the same exchange or purse as much as possible on more parts break the funds, and install the phishing plugin he often saved me !

money_forever

member

Activity: 392

Merit: 10

In order to avoid scammers, we must carefully study the projects. In addition, we should be able to analyze some coins.

Aponkye1

member

Activity: 336

Merit: 10

First of all before you invest into any cryptocurrency please do your due diligence and also don't be too greedy because most scam schemes become successful out of the greed of some members. For instance someone tells you that he is offering 1ETH for 50 bucks and the transaction also is taking place on telegram. Grin

It's sounds so awful when i hear that people are being scammed in crypto investments.

Ezenwanyi1

copper member

Activity: 308

Merit: 1

Veil

There are many ways by which we can safeguard our digital assets and protect ourselves from falling victim of scams sure as, making sure not to click on Phish sites or any links we come across.
Do not be greedy, because most at times it's greediness 5hat makes people fall for scam.

marksayson

jr. member

Activity: 420

Merit: 1

Quote from: tailor.and on July 03, 2018, 08:38:07 AM

It's very hard to get out of scams. People who have proper knowledge and who do regular research, may understand scams. However, I saw someone invented an application software to eradicate scams from crypto society. You can search it on google. I hope it works.

That is good to hear. Because I also made a research mode and invest later plan. But I found out that the scammer team are more advance turned out it was also a scam. Good to hear that there is a user that invented this software.

CaMeRoNy

full member

Activity: 630

Merit: 103

The best way to protect yourself from scams, hackers and fraudulent ICOS is first and foremost to be very careful and cautious. If every person were attentive and careful, then there wouldn't be so many scams.

pedpedped101

jr. member

Activity: 552

Merit: 1

There is little to what the government, organizations or any body can do to combat the issue of scam. Although, if these scammers are caught, they will surely be prosecuted.
This is where we all are to come in and where we are responsible for ourselves.
Research is a very crucial aspect of cryptocurrency, most especially when it comes to investments.
We need to devote our time to do that, to avoid falling victim.

sends1

jr. member

Activity: 756

Merit: 1

in my opinion it is very difficult to recognize a scam project especially as it seems that it is still a beginner. But usually I ask friends by giving the site pages and also maintaining account confidentiality and being careful of phising links

Cryptmuster

legendary

Activity: 1904

Merit: 1176

Glory To Ukraine! Glory to the heroes!

I thought about it more than once, but from my own experience I can say that it is not as easy to define a project as the majority thinks. A project that collected 100 million, the envinion was scam. This is very sad and in this case we can only rely on the honesty of people.

baobao2000

member

Activity: 462

Merit: 23

I heard too many scam stories last year, it make me even fear to download wallet now. I used to join all the bounties or airdrop that I could found, but now I would research long time for bounties, and I also avoid download wallet, because the fear of PC hackers and scammers. I am not sure if there is any good solution for that in the future.

beehimneff

member

Activity: 574

Merit: 10

Quote from: Mkpez on July 02, 2018, 07:09:07 AM

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?

Yes, I think we can have the best way to deal with scams is to learn to think for yourself. Cheesy

There is another alternative way-is to wait until the ICO process is settled to eliminate the possible deception from the scammers.

Babbylily1112

jr. member

Activity: 247

Merit: 1

Scammers are unfortunately every where, to avoid scam in Crypto I made sure to research very thoroughly before I join any project bounty but u fortunately the fear of Scam has made me not to get involved in any ICOs

nangiarushali

copper member

Activity: 257

Merit: 2

The only way to keep ourselves safe from scams in the cryptocurrency world is to be indulged whole heartedly. Give your maximum time on researching about the project, its background team members, every possible thing you can know, you must know.

beckspace

hero member

Activity: 931

Merit: 500

Unfortunately, scammers are always one step ahead of us. For us the way tobe protect than them, is to do a lot of research, to take into account negative warnings. Our first aim should be to focus on not losing money, by focusing on the amount we can lose. We don't to put all our money into one project. I think this way to be protect us from possible huge losses.

pelumi20

member

Activity: 713

Merit: 15

There is no 2ay we can completely eradicate scam in cryptocurrency but if we are extremely conscious of our online activities and don't become greedy, then I think we can reduce it to the minimum.

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