Topic: How can we protect ourselves from scam? - page 33. (Read 5538 times)
if it sounds too good to be true, it most likely not true, avoid ICOs or projects that 'promise' a HUGE amount of return over a short period of timee. they are mostly scammy
We need a insurance company that will give us insurance for scam. That was a joke, but one time I got scammed by some project called Benebit. They took money from private sale group and closed their office, the money wehe recovered in two weeks.
There is no tool and there will not be such a tool that would guarantee you a 100% result that would protect you from the scam of projects, this can not be done at all, for this there are many reasons that are present in the market today.
Make sure to be careful in every step and decision you will make.
In investing in an ICO, make a studies and research about the project and its team member.
websites, whitepaper and anything you can see and relate to them is a must classify.
never go 100% in any investment.
never share your private keys and only invest on their website not to people.
In investing in an ICO, make a studies and research about the project and its team member.
websites, whitepaper and anything you can see and relate to them is a must classify.
never go 100% in any investment.
never share your private keys and only invest on their website not to people.
unfortunately the way to recognize a fraud -no..no one is immune from fraud and scams are becoming more sophisticated and smarter( 100% of the way at this stage of development ICO-no
unfortunately, more and more often we meet with scammers! of the 5 companies we choose - 3 scammers! and even experienced investors can be deceived! it is necessary to better study the company, but even this does not give 100 % guarantee
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?
emm, well there are better way to prevent such ventures first to check about project team and founder ( browse about them) to get more details about them now this well give you details, secondly check if the project has a youtube video that shows how ceo or co is present about the project. to me this are very good way to check if the project is legit.
in all honesty this is exceptionally hard to recognize, regardless of whether we have done the investigation once in a while we are still tricked and stayed with the undertaking trick. be that as it may, for me, the examination we do is simply the most ideal approach to secure and bear in mind to dependably talk about if there is any uncertainty.
You can't really put an end to fraud. Now a cheater can wrap a project into a real project. All kinds of information are true. But you can't recognize it. For now, you need to evaluate and study a project yourself. Find the association from the specific details of the project. Then decide whether the project is true and reliable.
For me I aim to follow certain team or manager who is highly credible and already tested by their past projects caused they also protect their names in the community hopefully this simple strategy can give you guide for farther verification.
make sure before you invest in the crypto money business, pay attention and carefully Projects that are in ICO or Bitcoin. don't let you get stuck in a project that is Scam. it will hurt you alone.
I think there is too much risk in this cryptocurrency world. It is impossible to completely get rid of fraud. People can only learn more about the field of cryptocurrency, so that the number of scams will be reduced. It’s already a very good result, after all, the risk is something people can’t predict.
The swindlers are getting better and better. We cannot always choose to avoid being cheated. The only way to avoid fraud in encrypted currency is not to engage in fraud. Just invest in bitcoin and Ethereum.
Very hard to get out of scams. There is no way to %100 protect but I think best way to protect to scam projects, we have to research very hard.
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?
it will be very difficult for us to be free from scams, at least you can minimize scams carefully in choosing each project that you will follow and never listen to others, do research and know everything before deciding to invest.
It is difficult to determine ICO scams because, scammers are now professionals.
All the discussion and information about to protect and get rid of scam projects, All this has been done by professional scammers.
So if we choose legit projects, it is also a good consultation with professionals who review legit ICO projects to protect us from scams. It's just a matter of paying, but we're definitely safe investing.
Yeah, that was I bolded above is a better way to determine which ICO's are good. Only professionals can smell if that project is smell like fishy and I'm sure that project is a scam. Like choosing a good and professional expert manager that who manage the ICO for the whole project they know much better than us because of many projects they handled. All the discussion and information about to protect and get rid of scam projects, All this has been done by professional scammers.
So if we choose legit projects, it is also a good consultation with professionals who review legit ICO projects to protect us from scams. It's just a matter of paying, but we're definitely safe investing.
Searching, reading and studying that's the major part that we something to do to know further in the project.
multiply the insight and knowledge to crypto. It will be the most valuable capital in the face of crypto especially in crypto riddled with fraud and it will definitely be there. This is, even more, seeing more promising the crypto. Therefore it is necessary to anticipate early in order to avoid problems of this kind.
As you said, encryption is so huge, there are various risks in the encryption world. Even if you have very rich trading experience, I don't think I can avoid the risks accurately. I can't avoid being deceived. What we can't predict, I think we only need to understand the world of encryption, which will reduce the number of times we are cheated.
It's hard to know the project is a scam because sometimes there are projects that look quite reliable but eventually become fraudulent projects. It is not uncommon that a project sometimes takes the profile of others without being noticed by them. I think we can't stop it but what we can do is be more careful in our actions.
It is very difficult to avoid being cheated. There are too many scams in encrypted money. You can't avoid it. The most effective way to avoid fraud is to invest only in bitcoin.
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?
of course you have to learn, experience really plays a role in knowing ico that really leads to a scam, it is not easy you will need time to investigate and research to analyze it. then you can compare with some other ico. or maybe you discuss it here.
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