As OP, newbies are always coming during the bullrun season then want to grab new altcoins. Why? Newbies don't see coinmarketcap listed coins or they are here to give money to scammers. Those newbies will make rumors about cryptocurrency in the future. Almost 50-70 percent of newbies will lose money for participating in the new ICO.
There are factors i considered to see if altcoins is a scam or not, first i'll always look for the team composition and search it on the web for their reputation. Second is if it is listed on the exchange its movement is seems movable but trading volume is unidentified, that is the thing to be considered prior investing new altcoins. 
Topic: How do I know if an altcoin is a scam? - page 6. (Read 2362 times)
As OP, newbies are always coming during the bullrun season then want to grab new altcoins. Why? Newbies don't see coinmarketcap listed coins or they are here to give money to scammers. Those newbies will make rumors about cryptocurrency in the future. Almost 50-70 percent of newbies will lose money for participating in the new ICO.
LOL.. rather than finding out whether a project is scam or not, it is easier to find whether it is genuine. Because more than 95% of the new projects look like outright scams or cheap copycats. So in case a project stands out from the rest, with aspects such as unique idea, continued development, quick response to bugs.etc, the you can shortlist it. To invest or not will depend on other factors as well, because a good idea alone can't guarantee success in the cryptocurrency market. There needs to be good marketing, and availability of enough funds with the developers.
If you are looking for a real moonshot you often do have to take some more risk and accept the existing information asymmetry. If you wait until it is obviously not a scam and a good one instead, it will most likely have pumped by then. I know it is a bit tricky, but I always take some of my money and try to be earlier than the rest of the market. The cost that comes with that strategy is to fall for a scam indeed.
do not invest in any token you saw pumping in the market without any background. it is surely a pump and dump campaign targeting newbies like you. Also it is not guaranteed when the project owners are known, smart contract is audited and partnership created. the project can still be a scam. i suggest you stick the top tokens in the coinmarket no matter how much your money reach.
In my opinion, knowing which altcoin projects are scams and which are not is quite difficult, but usually scam projects always carry out very large discount promotions, and promise multiple returns, this needs to be avoided or further research needs to be done
That's correct. A project where the talk is always about the price rather than the product is one to avoid at any costs. So far, almost all the projects who work on the product and neglect all the price talks are the ones that do well. I joined the shiba Inu token group and everyone was shouting, to the moon and profit,etc while no one was actually discussing what it provides as a product. Anyone asking such questions was being removed from the group silently.There might be many warnings but I can roughly list out 3 warnings of a scam project.
1- Talk about the price too much instead of the product.
2- Hidden team or just no mention about the team
3- ICOs aiming a high hard cap
Not being listed in coinmarketcap is the last point for new projects, because the main thing that the project developer must prepare is a completely transparent team structure and a roadmap that really makes sense, so that with that they can also publish their cooperation partners so that investors can come by themselves.
Many scam projects can be listed on coinmarketcap and some listed on coingecko, cannot be used as a conclusive analysis for new projects. The main analysis is the core of the whitepaper including the concept, team, roadmap, periodic information updates on social media.Usually, some documents are duplicated from other projects. Teams and platforms may be just what they planned.
but those who have already created the platform are the dangerous ones. they open investment and trade and it is very possible that they quickly take profit from us.
LOL.. rather than finding out whether a project is scam or not, it is easier to find whether it is genuine. Because more than 95% of the new projects look like outright scams or cheap copycats. So in case a project stands out from the rest, with aspects such as unique idea, continued development, quick response to bugs.etc, the you can shortlist it. To invest or not will depend on other factors as well, because a good idea alone can't guarantee success in the cryptocurrency market. There needs to be good marketing, and availability of enough funds with the developers.
Hello, I'm new here and I wanted to ask something I've been confused about for a few days.
I recently got into an altcoin (called startup boost token) and the devs are doxxed and presale LP locked, they claim to have live use case and all.
I want to know how I can determine / what kind of questions I should be asking to know if its a real 100x token? Any advice?
I think if you doubt the project you are following, try to look back and study the project and try to see the person who manages the project, here safe projects are usually managed by very experienced people, if you want to know the project is a scam or not basically we can't say a scam Without solid evidence, sometimes the problem that develops is not entirely true, try to follow a project managed by an experienced person to minimize the risk.I recently got into an altcoin (called startup boost token) and the devs are doxxed and presale LP locked, they claim to have live use case and all.
I want to know how I can determine / what kind of questions I should be asking to know if its a real 100x token? Any advice?
Sorting out projects is not easy as it is, you can say that by following those experienced developers might lessen chances of getting scam, which probably a good suggestion, but along the way, there's still a chance there that even well-known teams breaks up and runaway with investors money.
Going deeper following the team and the progress of the project, even it's slow as long as they are meeting their targets and the eam are not stopping to continue the development, if there's real usages then the project will soon received adoptions and acceptance placing the value to grow and give decent benefits to all those investor who believes and keep their trust with the team.
Not being listed in coinmarketcap is the last point for new projects, because the main thing that the project developer must prepare is a completely transparent team structure and a roadmap that really makes sense, so that with that they can also publish their cooperation partners so that investors can come by themselves.
Many scam projects can be listed on coinmarketcap and some listed on coingecko, cannot be used as a conclusive analysis for new projects. The main analysis is the core of the whitepaper including the concept, team, roadmap, periodic information updates on social media. 
I think To know that it is an Altcoin scammer is the first to not have a strong team, and not to have great investors. then the next step To find out that it is a scam altcoin not listed in Coinmarketcap. I think like that
Not being listed in coinmarketcap is the last point for new projects, because the main thing that the project developer must prepare is a completely transparent team structure and a roadmap that really makes sense, so that with that they can also publish their cooperation partners so that investors can come by themselves. 
I think To know that it is an Altcoin scammer is the first to not have a strong team, and not to have great investors. then the next step To find out that it is a scam altcoin not listed in Coinmarketcap. I think like that
The best way to know if a project is a scam project or not is through your own research before you buy into such project. It safe to assume that any project will not fully disclose all the information you need to make a right decision. You must read in between the lines and make a sound judgement about their claims. Another way to invest is to buy time test altcoin in Cryptocurrency market.
Check their team and previous experience. If they are new or no-names, I would start to be suspicious. How can a developer has nothing do display on public and promise success?
newer projects right now are more anonymous than what we have in the previous times .this makes it harder to determine if they are legit or not but there are project that are honest and been running up to this date .
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Check what they offer or are developing? Is this something new? Or another swap/exchange/dog (or other animal) related project? There are thousands of them already. They cant make 100x.
Remember, there are no easy and quick money in cryptocurrency, at least anymore.
we have meme coins with no real use case and have a repeat function .Remember, there are no easy and quick money in cryptocurrency, at least anymore.
if we got lucky the coin can get shilled by elon musk and it will pump but of course i dont recomend it because the loosing rate for this coins is still high.
As a beginner of this crypto industry you should not trust the new project to invest because there are many scam coins out there. It's difficult to find a coin that can increase 100x.. It's better to invest in the top coins and hold but don't expect that can go 100x just be satisfy of your earning.
First of all, you need to find out whether the team is live, whether there are profiles in social networks.
How do you imagine checking if the team members are actual persons or just fake accounts just by checking their social network? Usually, team social media accounts share limited info about the person. Often you dont know more than just name, surname and city or country they are from. With that, they try either to stay more anonymous or be a fake person.
Btw, all the IT department at my work dont have social media accounts at all. I'm sure they can code, but despite their CV, you cant get any info about their experience and etc.
Secondly, it is very important to learn about the past of the team, because often scammers and losers pick one project and launch a new one, essentially the same one under the guise of a new one, and it is important to be able to identify such things.
Again, not many team members share info about their experience. It can even be persons own decision not to show past experience, while having dozens of successful projects or experience behind. What conclusion you will do then?
Unfortunately, you can’t be completely sure that the altcoin you are going to invest in is safe. Moreover, if it is a new one. But as you have said about LP, I can guess that it is a token of defi project. So the steps you definitely need to take before investing are investigating the idea and docs, then an overview of the team and also you should see if any “whales” are going to invest in it.
First of all, you need to find out whether the team is live, whether there are profiles in social networks.
Secondly, it is very important to learn about the past of the team, because often scammers and losers pick one project and launch a new one, essentially the same one under the guise of a new one, and it is important to be able to identify such things.
In my opinion, knowing which altcoin projects are scams and which are not is quite difficult, but usually scam projects always carry out very large discount promotions, and promise multiple returns, this needs to be avoided or further research needs to be done
What do you mean by discounted token prices that are very cheap and promised high prices when listed on the exchange market? there are many ways to find out if a project is genuine or a scam by doing all of these ways we can judge whether or not a project is feasible or not for us to work on, it's also true don't be tempted by unreasonable offers so that we are interested in joining to make an investment Hello, I'm new here and I wanted to ask something I've been confused about for a few days.
I recently got into an altcoin (called startup boost token) and the devs are doxxed and presale LP locked, they claim to have live use case and all.
I want to know how I can determine / what kind of questions I should be asking to know if its a real 100x token? Any advice?
I recently got into an altcoin (called startup boost token) and the devs are doxxed and presale LP locked, they claim to have live use case and all.
I want to know how I can determine / what kind of questions I should be asking to know if its a real 100x token? Any advice?
It's already part of your post and that is USE CASE a project cannot keep up without a platform and usage each coin that we have in the top 100 do have their own use case, a project is defined by its use case, without this they are nothing but a pump and dump coin, not only use case but something that can contribute to the advancement of Cryptocurrency.
It's hard to say for sure which coin is a scam or a good one. What is certain is that if you want to invest in new coins, you can see from the team that handles them, if the team is really professional and has good judgment then that will be good too. Personally I'm also still learning to avoid scam coins/projects, so I'm more careful now and really choose projects that have a good team. I think it will help and if you are still confused we can try to invest in coins that do have good prospects in the market. There are many coins that have good prospects in the market. Usually the price is more stable too so the possibility of loss will be less. I am also still learning to be able to choose a good coin in the market and I will read this forum more often from experienced people.
Hello, I'm new here and I wanted to ask something I've been confused about for a few days.
I recently got into an altcoin (called startup boost token) and the devs are doxxed and presale LP locked, they claim to have live use case and all.
I want to know how I can determine / what kind of questions I should be asking to know if its a real 100x token? Any advice?
I recently got into an altcoin (called startup boost token) and the devs are doxxed and presale LP locked, they claim to have live use case and all.
I want to know how I can determine / what kind of questions I should be asking to know if its a real 100x token? Any advice?
Review there team, whitepaper and people behind the group if they are all legit. Somr of them is just creating fake and doing scammed to other investor. Review will and be vigilant always before doing and make a move to your investment.
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