Topic: How to avoid ICO scam. - page 5. (Read 23619 times)
Try to analyse the project and follow the famous crypto guys. I trust them more than unknown people. But really, you never know where scammers are.
I still find myself not trusting ICOs due to past experience ,they easily break and you end up losing your money its just better to invest in popular coins instead of investing in new iICOs and 99% of the new ones are just scams ,but to spot the right ones are even harder so luck is all that remains
It is hard to notify which is the scam ICO because it is looks like real ICO but in my case i really research it carefully there documents are legit like website, whitepaper, roadmap, smart contract and the team behind this are more on experience.
Yes.You need to investigate all the things about this ico.You need to investigate whether the team is real.Learn all about the team from a variety of sources.In short, judging whether it is a scam, you need to do a lot.
ICO fraud is indeed a very detrimental thing for everyone. And I think if there are institutions that can be trusted to carry out fake ICO audits. Of course, this will be very helpful for investors and bounty hunters. And what you will do must go through a lot of consideration and research.
It is hard to notify which is the scam ICO because it is looks like real ICO but in my case i really research it carefully there documents are legit like website, whitepaper, roadmap, smart contract and the team behind this are more on experience.
Stop investing on any of the ICO projects because most of them where are not giving any profits to the investors even if they are legit so don't risk too much just invest on the altcoins and take your profits whatever its comes from the altcoin or bitcoins investment.
It will be difficult to avoid fraudulent ICO projects, because once they hide it, it is difficult to recognize. I think the law needs to have stricter regulations on ICO to protect investors
I believe there is no specific rules about avoiding scam, what we can do is filter those scam project manually and carefully.
But that doesn't guaranty that we will be able to fully avoid on getting scammed. That step will just reduce the possibilities of being scammed.
But that doesn't guaranty that we will be able to fully avoid on getting scammed. That step will just reduce the possibilities of being scammed.
Take a look and lot of read about the project, get also some honest review so you'll find what is something strange about the project. It would be better if you'll take choose a project with legit device team working with expertise. I've learned that only those project who has active team has the possible potential. Currently I am.lookint at Hodler wallet and fortunately it shows development from time to time.
You cannot avoid scam ICO nowadays because most of the scam ICO's are good in start and when they collect enough funds in their so called project , they suddenly leave their project and their investors . But if you want to know a good ICO qnd scam ICO you must have the knowledge in finding and research for the right one to invest.
Apparently, ICO investors continue to fall prey to innumerable ICO scam. The effect of this is very devastating on investors perception of crypto-project ICOs.
While it appears there is no apparent solution to address the current scam associated with ICO in the crypto space. I propose that we help each other in finding out the best ways to identify and separate genuine ICO from fake ones....
Share your view and help a friend from falling prey to ICO scam. Let help build a healthy crypto environment. Fight the scam now.
The reason why scam cannot end or people continue to fall for it is lack of orientation. There should be better education on cryptocurrency investing. New comers in particular need to be informed of this dark side of ICOs. While it appears there is no apparent solution to address the current scam associated with ICO in the crypto space. I propose that we help each other in finding out the best ways to identify and separate genuine ICO from fake ones....
Share your view and help a friend from falling prey to ICO scam. Let help build a healthy crypto environment. Fight the scam now.
We must oppose ICO fraud and this is indeed difficult to detect. Some ways to avoid this are by checking. We will look at the website and we check from the Team, the Whitepaper, and reach the sales token. Some of these ways we do and may benefit us all.
As many says that it is not easy to determine whether an ico is a scam, however we should do a lot of more background research about what we are joining ico. We should read their project plans and the content about their ico on whitepaper and on their website. Because there are some ico that only copies other project's perspective. We see it as a real project but the real thing is its a fraud or scam ico.
Put main attention on the whitepaper and the team. Most of scammers are stealing another project's whitepaper and then put it into his site. As far as I know that about the fact that most of scammers are using the fake identity by stealing it from the internet.
As many says that it is not easy to determine whether an ico is a scam, however we should do a lot of more background research about what we are joining ico. We should read their project plans and the content about their ico on whitepaper and on their website. Because there are some ico that only copies other project's perspective. We see it as a real project but the real thing is its a fraud or scam ico.
For me to avoid scams ICO should look good if it is legit or not. because most ico is now a scam and if the scam is not paused or stopped, because they do not see the potential of their tokens and they do not expect to earn them big.
On this forum, trying to fight fraudsters. However, advertising projects on so many powerful that vseravno scammers get investment. It's true no one believes. But then it turns out that we were right. Projects need reliable protection.
Never trust anybody lol!
I usually follow well know sources like Icodrops and other similar channels to find good ICO to invest
I try to stay away as much as I can from the whole “influencer” thing, as we seen last year, lot of peeps lost money because they got into deals shilled by these folks
Also I follow some crypto funds like Polychain and similar and try to learn and understand what kind of investments they do
I usually follow well know sources like Icodrops and other similar channels to find good ICO to invest
I try to stay away as much as I can from the whole “influencer” thing, as we seen last year, lot of peeps lost money because they got into deals shilled by these folks
Also I follow some crypto funds like Polychain and similar and try to learn and understand what kind of investments they do
Apparently, ICO investors continue to fall prey to innumerable ICO scam. The effect of this is very devastating on investors perception of crypto-project ICOs.
While it appears there is no apparent solution to address the current scam associated with ICO in the crypto space. I propose that we help each other in finding out the best ways to identify and separate genuine ICO from fake ones....
Share your view and help a friend from falling prey to ICO scam. Let help build a healthy crypto environment. Fight the scam now.
While it appears there is no apparent solution to address the current scam associated with ICO in the crypto space. I propose that we help each other in finding out the best ways to identify and separate genuine ICO from fake ones....
Share your view and help a friend from falling prey to ICO scam. Let help build a healthy crypto environment. Fight the scam now.
simply do some thorough research about the that certain initial coin offering or ico, who the one manage its bounty campaign, the team involved in that particular ico, theyre project proposal. The more you dig, the more you will not buried. Be wise enough to investigate every ico that you are going to be part of.
I agree with you completely, this is our common problem, the money that forever leaves the world of cryptocurrency is a very strong common problem, but how can we fight it??? Even if we find specialists, where are the guarantees that they won't be bribed tomorrow? Unfortunately, there are no such guarantees.
when the market is experiencing a very large price decline and there is an ico scam everywhere, you still ask how to distinguish ico scam or real 
from here you have to learn a lot and do a lot of research, not ask other people you don't know
from here you have to learn a lot and do a lot of research, not ask other people you don't know Jump to: