Topic: How can we protect ourselves from scam? - page 44. (Read 5518 times)
Scammers are counterfeit i think if we adopt the same measures we use to differentiate a counterfeit money we shall eliminate all scammers by carefully studying the characteristics of scarm ICOs and avoid falling into their pitfall,above all reading white paper is sacrosanct.
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?
We can not protect ourselves completely from scammers. But at least, we can avoid a part. You should not listen to any invitation when you do not understand it. And DON'T invest all your capital in something!
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.
The best way to avoid getting scammed in this vast cryptocurrency market is research in my opinion. Many people lazily don't do proper research before investing into a particular ICO and end up getting scammed and blame the market itself for all their troubles which shows their immaturity. You need to focus on doing your research(Analyzing the whitepaper, checking the development team background, social media interactions by development team etc) before deciding to invest into a particular ICO. Always do your research and be prepared to lose your money in this volatile market.
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.
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.
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?
Difficult to guarantee not to get scam. Various ways of deception arise and become the shadows that haunt the asset owner. What we need to do is always be careful in making decisions and never give a private key to something that is not clear and irresponsible.
scammer are smart people many of them finish college. they will always find a way to scam other people. in internet it would be hard to track track because they also look like legit.
There is an answer to every question. There is a solution to every problem. It only takes time to discover the answer or solution. There are several scams that have been busted at an early stage of the campaigns. I think, there is no dedicated team set up for the screening of ICOs. The campaign managers who ought to be the ones taking the lead are not doing so, though there are managers who have put up structures that reduced scams in their platform.
One way I know could help is escrow. I think Bountyhive is using an escrow system to screen the campaigns they handle.
One way I know could help is escrow. I think Bountyhive is using an escrow system to screen the campaigns they handle.
There is no way to 100 percent guarantee that you will not run into scams, but you can reduce this risk and carefully study the team and the project itself. Then perhaps you will be lucky
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.
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.
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?
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