I think at this time in cryptocurrency it is safe for us to assume that all ICOs are scam, until proven otherwise.
You should analyze any ico you want to invest in with professional scepticism and you will hardly fall for ico scam
Topic: How to avoid ICO scam. - page 8. (Read 23643 times)
Have a lot of knowledge about ICO.
Please, share your knowledge with us or do I take your statement to be a question. Anyway, I think the best way to avoid scam ICO is extensive research before investing in any ICO.
I am sure that the regulation of ICO at the legislative level will protect investors from fraudulent projects. Before allowing projects to start selling tokens, they will be checked for compliance. In addition, security tokens will gain popularity in 2019, which will also make ICO more secure.
I think be prevented from scams will easily not come for a people how many times we are using this forum will be the answers for this question because experience will make you more stronger in this field and also make good decisions also so to avoid scams will be in the experience.
Scam projects need to do very good research to avoid. the team behind the project is very important. When you combine these points, you can find a successful project.
There are several pointers to avoid ICO scam. The most important way to do it makes research and know the red flags. I can give 1 factor that can be considered a red flag. But I think it is so important that we should not neglect it.
Do a background check of the project team. Profile pictures are important. If the team uses caricatures or false/fake pictures. It is an obvious red flag.
Do a background check of the project team. Profile pictures are important. If the team uses caricatures or false/fake pictures. It is an obvious red flag.
To avoid bad/scam ICO, You should follow below step.
1. Team member ;
2. Social Media activity;
3. ICO review;
4. Project future;
You will check one by one and then fix about any ICO. Be sure check everything also alexa rank. Remember, Telegram also main things any ICO.
1. Team member ;
2. Social Media activity;
3. ICO review;
4. Project future;
You will check one by one and then fix about any ICO. Be sure check everything also alexa rank. Remember, Telegram also main things any ICO.
I like following tips mentioned but ICO reviews can not be trusted simply because most of them get paid for a good review, I believe more in personal research about the project.
It seems to me that all the possible options that are available here today will still not be able to protect you from scam projects, because there is really a lot of work, but in fact, today it is a problem that can comprehend any of us.
To avoid bad/scam ICO, You should follow below step.
1. Team member ;
2. Social Media activity;
3. ICO review;
4. Project future;
You will check one by one and then fix about any ICO. Be sure check everything also alexa rank. Remember, Telegram also main things any ICO.
1. Team member ;
2. Social Media activity;
3. ICO review;
4. Project future;
You will check one by one and then fix about any ICO. Be sure check everything also alexa rank. Remember, Telegram also main things any ICO.
To be honest, I keep myself away from these ICO's because believe it or not more than 95% of them out there are mere scams. The promise a lot of things on their site, whitepaper and roadmap but fail miserably when it comes to delivery. Just like me many have already burnt their hands and that's the reason why many do not welcome any more ICO's in their portfolio anymore.
Invest a lot of time in researching these projects and trying to understand if all of them are legit. It is not so easy, but after several researches, you would be able to detect a scam ICO every time simply by reading its whitepaper.
I believe that we need to create an independent rating of ICO projects on this forum in order to replenish the list of projects on a daily basis and add to the black list of scams. We must take care of our own security and warn others about it. Only together we can achieve fair conditions from ICO and secure our funds.
I think, it very difficult to Avoid ico scam. experience is good way to avoid ICO scam. before investment any ICO , you needed deep research about the project. if you have proper knowledge about ICO you can easily avoid ICo scam. so you should be careful before joining any projects.
Soon all of ICOs will be regulated and safe because regulations are coming. But is that good? We all want to be safe but without freedom?
I am sure that the regulation of ICO at the legislative level will protect investors from fraudulent projects. Before allowing projects to start selling tokens, they will be checked for compliance. In addition, security tokens will gain popularity in 2019, which will also make ICO more secure.
if in my opinion it is rather difficult to avoid it because it must have expertise about the project, read in the whitepaper. But the average person gives advice to read the website, whitepaper, etc.
Scam bounty campaign, ico project having no real team . The scams project always arrange in fake management team members. Fake website and white paper and roadmap.
There is no 100 percent guarantee to avoid scamming ICO projects, these days, there are a plenty of them, they behave like genuine and there are no difference of them. You can research well before joining these projects, but there is no guarantee that they wouldn't turned out to be a scam.
Simply, do not invest into ICOs.
Check my signature, now I am promoting post-ICO big german project - savedroid that is currently working hard on relasing the app for cryptocurrency savings.
Check my signature, now I am promoting post-ICO big german project - savedroid that is currently working hard on relasing the app for cryptocurrency savings.
I always follow icoethics post in bitcoin forum because he is a perfect man who identified scam bounty campaign,scam ico project and fake team .
This is a difficult question . We should invest a lot of knowledge about crypto, analyze each item in the whitepaper, investigate the project team to minimize the risk of investment. It is difficult to detect signs of scam in projects.
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