Topic: How to find scam coins - page 3. (Read 971 times)
Investing in the world of cryptocurrency right now must be careful because there have been so many victims of fake projects, we as bounty hunters and investors must first explore every project that we follow so as not to feel disadvantaged by the teams that designed the scamer project.
There are many many dozens of cryptos launching each and every month, and side by side that there are many new tokens come out of a series of Initial Coin Offering or ICOs. The desire among a wide pool of people who invest for these kinds of opportunities has grown so much, even despite the fact that cryptos have been shabby in 2018.
All of these elements unite to attract scammers. In the end, if investors have shown that they have the will to throw dollars toward a highly hypothetical crypto, they seem to invest in a crypto that might be fraudulent ICOs or tokens.
Read more : https://paperblockchain.com/how-to-find-scam-coins/
All of these elements unite to attract scammers. In the end, if investors have shown that they have the will to throw dollars toward a highly hypothetical crypto, they seem to invest in a crypto that might be fraudulent ICOs or tokens.
Read more : https://paperblockchain.com/how-to-find-scam-coins/
Everything on these articles is all true and the majority of bounty hunters, already know this, maybe the author is also a victim of the scam bounty campaign, there are now many criteria, on what to look and where and how to look, investing in ICO has become a big trap, it's like a quicksilver if you already invested on it, your every move is a disaster.
There are really no specific guidelines towards finding scam coins. Basically, there are just a few tips and tricks people tend to follow to help them what coin is safe to invest and what coin is not, and mostly scam. Research and knowledge are two weapons to equip yourself with in order not to fall for the scam coins.
but in order to earn the skill of high-quality research of coins and to get the knowledge for this, you need to get a lot of experience, which will not always be pleasantThere is no specific way to find out if the project / coin is a scam or not, because there are indeed some cases when the project is running in teams and active developers, so many investors trust the project or coin
but many will deliberately scam,
They have the good team at first but their goal is to scam people, there are so many projects like this and for sure they will still exist especially when we recover from this drop. Its not easy to find but you have to do your best to find out if the project is a scam or not. Don't rush to invest, spend at least a week to study the project and if you want to buy after making a lot of research don't buy big buy more after the exchange listing. but many will deliberately scam,
There are really no specific guidelines towards finding scam coins. Basically, there are just a few tips and tricks people tend to follow to help them what coin is safe to invest and what coin is not, and mostly scam. Research and knowledge are two weapons to equip yourself with in order not to fall for the scam coins.
but in order to earn the skill of high-quality research of coins and to get the knowledge for this, you need to get a lot of experience, which will not always be pleasant
Their are lot of ICO right now are coming some of them are scam on when the time of ICO ends. So if we want to be aware of those kind of ICO must better to read more some of them information they have. And take a look sometime about the whitepaper and the roadmap of the ICO because some of them one of the important thing if the ICO are scam or not. And the team also if they are active always and have some improve of the ICO.
Looking for coins that have a IEO is one of the ways that a person could find a scam. 
it is difficult to recognize scammers, in 2019 I came across 3 such projects in which I invested. completely disappointed in the ICO. now I take part only in the IEO they have more confidence as the participation is on the stock exchange.
Even IEO at this time is a scam. Ideally, we should only invest in altcoins in the top 100 in coinmarket. It will be a lot safer than IEO or ICO 
Your article forgot to mention about those shitty clone coins. Clone coins also include coins that have no unique feature of itself other than copying features from other coins. Most of the altcoins that are clone of other coins are scam coins. Those coins gets premined by the developer and then they dump in into the market. Thus they always end up dying. So avoid investing on those coin.
There are many many dozens of cryptos launching each and every month, and side by side that there are many new tokens come out of a series of Initial Coin Offering or ICOs. The desire among a wide pool of people who invest for these kinds of opportunities has grown so much, even despite the fact that cryptos have been shabby in 2018.
All of these elements unite to attract scammers. In the end, if investors have shown that they have the will to throw dollars toward a highly hypothetical crypto, they seem to invest in a crypto that might be fraudulent ICOs or tokens.
Read more : https://paperblockchain.com/how-to-find-scam-coins/
All of these elements unite to attract scammers. In the end, if investors have shown that they have the will to throw dollars toward a highly hypothetical crypto, they seem to invest in a crypto that might be fraudulent ICOs or tokens.
Read more : https://paperblockchain.com/how-to-find-scam-coins/
I think every ICO launched has its own funder. Logically, every ICO that is launched always achieves a soft cap, or basic target. So, the investor will never lose money even if the project is not successful. They only target Hardcap to get extra money from outside investors. This is if the writing on their website is correct. I assume so, because the issue of scam does not affect the new project.
Some projects are now too difficult to determined if they are scam or not so for me the existing regulation policy should need an improvement because of these scam projects that are still able to bypass the regulation. Like the KYC, i think instead of submitting ID pictures that can be faked then why not submit government certifications that clearing the individual to launch a project that if without it then investors can now easily to refrain of investing to that project.
It's true that it is hard to determined if the project is scam or not because there are scam projects who seems legitimate, that is why a lot of people have been victim of this scam project. So, i think to find if the project is a scam is by checking the whitepaper and the team member, and also asking other people if it is worth to participate or invest in the project. I also think that it will better if we avoid submitting KYC if we are not sure if the project is a scam because they may used it to scam other people and we are the ones who will get the blame. 
Scam coins or projects can normally be seen after performing a thorough research on the project because the contemporary scammers are clever enough not to be easily identified. It is always good for the investor to study the team members. Check their various social media accounts for coherence in information they provide. These scammers normally have their social media accounts being newly registered. Some also have incoherence in the information they provide in their various social media platforms.
Doing a deeper research about the team members of the projects offer good balance of decision-making when participating and investing with the project. Knowing the real identity of the team will guide you since how the creator success before will definitely give a high chance for the new one to experience the same with their new one. If the team is really serious the project will be successful, on the other-hand, if the team is dummy that will also give a hint not to follow or support as it will be a waste of time and money.
Scam coins or projects can normally be seen after performing a thorough research on the project because the contemporary scammers are clever enough not to be easily identified. It is always good for the investor to study the team members. Check their various social media accounts for coherence in information they provide. These scammers normally have their social media accounts being newly registered. Some also have incoherence in the information they provide in their various social media platforms.
Most of us have experienced facing scam projects and I admit that it's really frustrating. No matter how hard we try to avoid, scammers will always be around since Cryptocurrency always involves money. Multiple experiences of being scammed could make us wiser since we will be able to be more observant to get rid of fake projects. A series of research before entering or joining such a project would be a big help for us to know if we're on the right track. The team behind a certain coin has a big impact on its reputation so we must be smart to check its background.
You have chech the roadmap of that coin and find the people are real or fake. Then analysis the white paper, from this two you may decide, whether to inverse your money or not.
If you want to inverse on altcoin, kindly analysis it and inverse on it.
If you want to inverse on altcoin, kindly analysis it and inverse on it.
Good points sir.
In addition, this is just my own personal opinion, I usually indicate a scam coin with the presence or absence of team & product introduction at AMA. It has been ascertained if a coin that has no AMA, will definitely end up with a scam.
The second is product. Products that are already running usually make investors more confident that the coin project is true & runs smoothly. Meanwhile, if the product is still in concept and has not been realized, then we can be sure the market price is not so good. It could be a project that is ignored in the future.
For me a scam is not only a team that runs away with millions of money, but the products offered at the beginning of an unfinished, can be indicated as scam.
In addition, this is just my own personal opinion, I usually indicate a scam coin with the presence or absence of team & product introduction at AMA. It has been ascertained if a coin that has no AMA, will definitely end up with a scam.
The second is product. Products that are already running usually make investors more confident that the coin project is true & runs smoothly. Meanwhile, if the product is still in concept and has not been realized, then we can be sure the market price is not so good. It could be a project that is ignored in the future.
For me a scam is not only a team that runs away with millions of money, but the products offered at the beginning of an unfinished, can be indicated as scam.
Scam coin looks from team is not valid and using fake team for their project, always have delay for distributing bonus and listing with exchange market, at the end they have never promised about an exchange market have higher volume transaction and they are not trusted with to buy back after price is dump or lower.
Some projects are now too difficult to determined if they are scam or not so for me the existing regulation policy should need an improvement because of these scam projects that are still able to bypass the regulation. Like the KYC, i think instead of submitting ID pictures that can be faked then why not submit government certifications that clearing the individual to launch a project that if without it then investors can now easily to refrain of investing to that project.
There is no specific way to find out if the project / coin is a scam or not, because there are indeed some cases when the project is running in teams and active developers, so many investors trust the project or coin
but many will deliberately scam,
but many will deliberately scam,
There are many scam coin and that is no wonder because everyone with knowledge can create new coins anytime.
To find scam coins, we will need to see as the whole project. Look at the team of the coin, their whitepaper,
we should find some red flags if they are a scam coin.
To find scam coins, we will need to see as the whole project. Look at the team of the coin, their whitepaper,
we should find some red flags if they are a scam coin.
Thanks for sharing a very valuable post, Nowadays it is really difficult to recognize the real or scam project. I personally recommend only take part in IEO which are conducted on high ranking exchanges.
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