Topic: How can we protect ourselves from scam? - page 23. (Read 5499 times)
There is no guarantee that you will not face fraud,the only good thing is that against them there is a struggle and the people themselves have become attentive to the choice of companies,to study the project,the team and so on.This leads to the fact that people are becoming more literate in their choices.
To think, just to always think what you are doing. Slowly make decisions. To minimize the risks. And do not get into the network of fraudsters once again. And also spend always the analysis of your choice.
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?
you mean, you want to be a fraud, I am the wrong choice, or you want to avoid fraud, actually avoiding fraud is easy, what we must first know is, we must be careful in seeking gifts, not to be exposed to fraud
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?
Hello there mate, the very best way to not become a victim of any scam ico out there would be to check their whitepaper, investigate their team profiles, also the vision of their project and how it will contribute to the future of crypto world. Scam ico is everywhere nowadays, we had to be very careful in investing in any of this.
It's very simple, you just have to be very attentive. You are trying to deceive people like you, and often such a deception is calculated for a complete fool. If you have at least a drop of mindfulness and consideration, you will easily understand what you need to do.
This is probably the biggest problem of our time, that today we have not yet been able to figure out how we can fight against the deceit, which is so tired and already ate a lot of money. I think that this problem needs to be solved.
You should spend some time with that. I especially recommend that you read the whitepaper of the projects. And you should investigate the team members of the project. Finally, you should look at the comments about the project. But unfortunately, despite this much review, sometimes you can participate in scam projects.
What is clear is that you must really understand about ico investment, and you also have to be really sure of it, examine more deeply about the ico project you are going to invest in, you can find out through the ico site reviews there are very many
To avoid fraudulent projects, tips must be able to understand the slight difference in the project from its prospects and the products that are transmitted, even though it is difficult, but if we have a lot of experience and knowledge, we certainly can. with so many projects appearing more and more we are trapped, therefore we must be vigilant and analyze before choosing.
The more advanced technology, the more different types of fraud will be with different models. for me to avoid fraud is to follow news from Cryptocurrency crime , like spam, dump, fake investment etc. from there we learn various fraud models so as not to overwrite ourselves.
From there we learn to know the condition of the world now so that it is not easily deceived.
From there we learn to know the condition of the world now so that it is not easily deceived.
real talk
How to distinguish prospective altcoin from a shell and not lose own investments
https://steemit.com/cryptocurrency/@bigbearmaster/how-to-distinguish-prospective-altcoin-from-a-shell-and-not-lose-own-investments
https://steemit.com/cryptocurrency/@bigbearmaster/how-to-distinguish-prospective-altcoin-from-a-shell-and-not-lose-own-investments
The best protection you can have against a scam is to know very well what you're doing, if you're going to invest blindly in a product you are going to lose your money, the scams work because the general public is not well informed, so the first thing they tell you to do before putting your money in this space always does your own research.
At this moment we cannot control people who have a bad intension to scam other people's money because even small business is so hot how much more like this comes in a big investments. We can only assure that we have to report if their is suspicious act of work towards our fellow traders and investors to reminds and stay away. And as a responsible person and investors you have your own research crypto to avoid scam.
To assess any ICO project, you need to focus on its components.
I will not describe everything in detail, but only point out what to pay attention to. Most likely you knew a lot of this...
Website
Badly made or template site. Most thieves are too lazy or stingy, so this is the first, on what they save
Fake information about team members
If you cannot find members of the ICO team on social networks, dont find confirmation that they really participated and so on, then most likely the project is scam
White Paper
The alarming signs are the presence of plagiarism and unrealistic promises, the absence of a detailed plan explaining exactly how this project will achieve the set tasks
Unclear goals
Each project has its own goals. And they must be realistic, concrete and achievable in the foreseeable future
Repository
If ICO claims to use open source code, then check the repository to store the code for this project. The code should be updated periodically.
Information about the legal entity
Behind every ICO is a real company. Almost every country has a public registry, in which you can make sure that the company is actually registered there.
I will not describe everything in detail, but only point out what to pay attention to. Most likely you knew a lot of this...
Website
Badly made or template site. Most thieves are too lazy or stingy, so this is the first, on what they save
Fake information about team members
If you cannot find members of the ICO team on social networks, dont find confirmation that they really participated and so on, then most likely the project is scam
White Paper
The alarming signs are the presence of plagiarism and unrealistic promises, the absence of a detailed plan explaining exactly how this project will achieve the set tasks
Unclear goals
Each project has its own goals. And they must be realistic, concrete and achievable in the foreseeable future
Repository
If ICO claims to use open source code, then check the repository to store the code for this project. The code should be updated periodically.
Information about the legal entity
Behind every ICO is a real company. Almost every country has a public registry, in which you can make sure that the company is actually registered there.
Thank you for giving the detailed instructions, I think the present is more careful when joining the ICO. You should carefully select exchange to trade, as there are now too many exchanges that can have multiple exchange will be deleted at any time.
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?
I quite agree that a lot of investors came to this community with good intentions and to make profit but unfortunately there are some people with other bad mission to scam innocent people which will scare potential investors away. There is need for a high regulations. 
To assess any ICO project, you need to focus on its components.
I will not describe everything in detail, but only point out what to pay attention to. Most likely you knew a lot of this...
Website
Badly made or template site. Most thieves are too lazy or stingy, so this is the first, on what they save
Fake information about team members
If you cannot find members of the ICO team on social networks, dont find confirmation that they really participated and so on, then most likely the project is scam
White Paper
The alarming signs are the presence of plagiarism and unrealistic promises, the absence of a detailed plan explaining exactly how this project will achieve the set tasks
Unclear goals
Each project has its own goals. And they must be realistic, concrete and achievable in the foreseeable future
Repository
If ICO claims to use open source code, then check the repository to store the code for this project. The code should be updated periodically.
Information about the legal entity
Behind every ICO is a real company. Almost every country has a public registry, in which you can make sure that the company is actually registered there.
I will not describe everything in detail, but only point out what to pay attention to. Most likely you knew a lot of this...
Website
Badly made or template site. Most thieves are too lazy or stingy, so this is the first, on what they save
Fake information about team members
If you cannot find members of the ICO team on social networks, dont find confirmation that they really participated and so on, then most likely the project is scam
White Paper
The alarming signs are the presence of plagiarism and unrealistic promises, the absence of a detailed plan explaining exactly how this project will achieve the set tasks
Unclear goals
Each project has its own goals. And they must be realistic, concrete and achievable in the foreseeable future
Repository
If ICO claims to use open source code, then check the repository to store the code for this project. The code should be updated periodically.
Information about the legal entity
Behind every ICO is a real company. Almost every country has a public registry, in which you can make sure that the company is actually registered there.
The only good way that is possible is for countries to recognize cryptocurrencies and create laws that can regulate issues related to cryptocurrencies, including fraud.
The best thing I think is being very alert. Do not hurry and do not invest in untested crypto currency. Always keep coins in a safe wallet. And constantly re-read the latest information and news.
Very difficult happens to distinguish fraud. And there are no concrete rules how to understand the project real or is created by swindlers. It is necessary just learns to understand on the experience and over time you will be able to look at the project and already to know fraud it or not.
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