Topic: how to avoid fraudulent projects? - page 18. (Read 3094 times)
If your an investor don't gamble your money over ICO's it is better to choose from top 50 cryptocurrencies (except stablecoins) in coinmarketcap but of course this is not a financial advise. But if your asking as a bounty hunter you can't avoid promoting scams because some of them are too good to be true and sometimes hard to detect.
I think there is still a way to overcome the problem of scamers in this crypto room (but I'm not saying to eliminate it completely). . This might not have a big effect but at least it can reduce some of the fraud projects that exist in this industry. . like avoiding and not promoting suspicious projects repeatedly. .
I have always observed that many of them and even have high ratings but still support suspicious projects, especially participants (social media).
maybe this is one reason why many fraud projects are increasingly rampant, because someone always gives hope to them and makes someone trapped in it.
so what do you think?
I draw the conclusion above based on what I saw there.
Low rated projects most time turns scam as well, its not about the ratings because good projects can get low or high rating, it doesn't matter cos even bad projects pay rating websites to get good rating, i think the solution is doing research yourself I have always observed that many of them and even have high ratings but still support suspicious projects, especially participants (social media).
maybe this is one reason why many fraud projects are increasingly rampant, because someone always gives hope to them and makes someone trapped in it.
so what do you think?
I draw the conclusion above based on what I saw there.
I think there is still a way to overcome the problem of scamers in this crypto room (but I'm not saying to eliminate it completely). . This might not have a big effect but at least it can reduce some of the fraud projects that exist in this industry. . like avoiding and not promoting suspicious projects repeatedly. .
I have always observed that many of them and even have high ratings but still support suspicious projects, especially participants (social media).
maybe this is one reason why many fraud projects are increasingly rampant, because someone always gives hope to them and makes someone trapped in it.
so what do you think?
I draw the conclusion above based on what I saw there.
Obviously there is no way to completely stop fraudulent projects from launching, and also there is no 100% surety for bounty hunters that they are promoting a project which won't scam but we just do proper research to choose the best which look legit. The big question is, how do we detect a scam project when it has so much hype or team members looking so real? Some projects will list their tokens after token sale, yet they will never deliver their promises. Our main focus should be on project development after token sale, that's how to really know if a project is very legit. To curb scam projects launching rampantly, I think regulations will go a long way. Also, use your head, nobody needs to tell you to invest what you can afford to lose. I have always observed that many of them and even have high ratings but still support suspicious projects, especially participants (social media).
maybe this is one reason why many fraud projects are increasingly rampant, because someone always gives hope to them and makes someone trapped in it.
so what do you think?
I draw the conclusion above based on what I saw there.
Even though you're vigilant in selecting those legit projects, and thus strategies to determine them we're your motivations. I don't think that's enough to be called you're free of those possibilities, because once you kept yourself getting an involvement on different projects related to cryptocurrency; you're highly susceptible to become one of their victim. In order to prevent those worst situations to keep arising, avoid taking risk on any of thoe schemes they had even what promises they tried to deceive at you, always ignore them.
Most people don't do research anymore, for many, what matters is the numbers on the thread. If a topic is lucrative enough for an average member of this forum, they will definitely dive in right away. With research, it is very easy to spot a legit project. For example:
This is an image I originally took for a different topic where the original poster was asking whether the project is legit or not. As you can obviously see from the image that the so-called "project" is offering 350% returns on your investment, even more so if you refer your friends to the project. This is statistically impossible. And this whole research took me just 10 seconds, that is it. 10 seconds and I was able to find this specific part on their website.
TL;DR: Research like a normal person instead of losing your minds over promised hard $krilla ca$h whatever.
This is an image I originally took for a different topic where the original poster was asking whether the project is legit or not. As you can obviously see from the image that the so-called "project" is offering 350% returns on your investment, even more so if you refer your friends to the project. This is statistically impossible. And this whole research took me just 10 seconds, that is it. 10 seconds and I was able to find this specific part on their website.
TL;DR: Research like a normal person instead of losing your minds over promised hard $krilla ca$h whatever.
I think there is still a way to overcome the problem of scamers in this crypto room (but I'm not saying to eliminate it completely). . This might not have a big effect but at least it can reduce some of the fraud projects that exist in this industry. . like avoiding and not promoting suspicious projects repeatedly. .
I have always observed that many of them and even have high ratings but still support suspicious projects, especially participants (social media).
maybe this is one reason why many fraud projects are increasingly rampant, because someone always gives hope to them and makes someone trapped in it.
so what do you think?
I draw the conclusion above based on what I saw there.
Obviously there is no way to completely stop fraudulent projects from launching, and also there is no 100% surety for bounty hunters that they are promoting a project which won't scam but we just do proper research to choose the best which look legit. The big question is, how do we detect a scam project when it has so much hype or team members looking so real? Some projects will list their tokens after token sale, yet they will never deliver their promises. Our main focus should be on project development after token sale, that's how to really know if a project is very legit. To curb scam projects launching rampantly, I think regulations will go a long way. Also, use your head, nobody needs to tell you to invest what you can afford to lose. I have always observed that many of them and even have high ratings but still support suspicious projects, especially participants (social media).
maybe this is one reason why many fraud projects are increasingly rampant, because someone always gives hope to them and makes someone trapped in it.
so what do you think?
I draw the conclusion above based on what I saw there.
I think there is still a way to overcome the problem of scamers in this crypto room (but I'm not saying to eliminate it completely). . This might not have a big effect but at least it can reduce some of the fraud projects that exist in this industry. . like avoiding and not promoting suspicious projects repeatedly. .
I have always observed that many of them and even have high ratings but still support suspicious projects, especially participants (social media).
maybe this is one reason why many fraud projects are increasingly rampant, because someone always gives hope to them and makes someone trapped in it.
so what do you think?
I draw the conclusion above based on what I saw there.
I have always observed that many of them and even have high ratings but still support suspicious projects, especially participants (social media).
maybe this is one reason why many fraud projects are increasingly rampant, because someone always gives hope to them and makes someone trapped in it.
so what do you think?
I draw the conclusion above based on what I saw there.
Jump to: