These references will explain in detail how to avoid scams:
What is the most common cryptocurrency scam and how to avoid it — https://hackernoon.com/what-is-the-most-common-cryptocurrency-scam-and-how-to-avoid-it-4112588afa61
How to spot and avoid a Bitcoin scam — https://www.finder.com/uk/bitcoin-scams
Common Cryptocurrency scams — https://commodity.com/cryptocurrency/avoid-scams/
7 Most Common Types Of Cryptocurrency Scams & Tips to Avoid Them — https://coinsutra.com/cryptocurrency-scams/
Thai Police Arrest Suspect in $24 Million Bitcoin Scam — https://cointelegraph.com/news/thai-police-arrest-suspect-in-24-million-bitcoin-scam
Topic: How to know if an ICO is a scam? :A beginner's guide (Read 157 times)
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We all have been searching the ICOs where we can invest.These are my warning signs that you should read before you invest because we all know that 80 percent of the ICOS are scams.Though having said that,we shouldn't consider every ICO as Scam.So lets begin
1) If all of the employees in the linkedin accounts of the company are gorgeous girls,it probably is a scam.Duh.Not every company has Scarlett Johanson look alikes as their employees.
2) If any big government official name is linked. Though ,the government officials might be investing or are linked to the projects "secretly",they wouldn't risk to reveal their names.
3) Avoid projects with poetic whitepapers. The real projects get to the point .Simple as that.
4)The whitepaper will seem somehow "original". It will not have borrowed words.
5) Search for the employees. They should be real people rather than same person wearing different clothes.Or images of the profile are just searched through google.
6)Too fancy website. The website and company seems too professional but the important details such as the dates of the ICOs keep changing.
1) If all of the employees in the linkedin accounts of the company are gorgeous girls,it probably is a scam.Duh.Not every company has Scarlett Johanson look alikes as their employees.
2) If any big government official name is linked. Though ,the government officials might be investing or are linked to the projects "secretly",they wouldn't risk to reveal their names.
3) Avoid projects with poetic whitepapers. The real projects get to the point .Simple as that.
4)The whitepaper will seem somehow "original". It will not have borrowed words.
5) Search for the employees. They should be real people rather than same person wearing different clothes.Or images of the profile are just searched through google.
6)Too fancy website. The website and company seems too professional but the important details such as the dates of the ICOs keep changing.
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