Topic: How to known a Scam ICO - page 21. (Read 30816 times)
I agree with most of the comments . you need to look at the technical document , the team and the road map ...
Please tell me how to known a scam ICO to protect myself
BTW now i should buy ICO coin or buy coin on exchange?
Thank so much
BTW now i should buy ICO coin or buy coin on exchange?
Thank so much
You should check the white paper first. If the developer is not clear about the project. THe white paper is like strange looks like copy pasted and looks like unrealistic. And also the identity of the developers is unknown. It seems like there is really no plan in the future. It is also not clear about the usage of the tokens. So I think it is better to do a research and check thoroughly the white paper of the project , in there you can detect the scam and the real one. If you feel strange then don't invest in that project.
in my opinion nobody knows the coins from ico will be good or scam because they make a sale before the coins are in the market so we just need to be more careful with collecting a lot of information if want to buy coins from ico
Please tell me how to known a scam ICO to protect myself
BTW now i should buy ICO coin or buy coin on exchange?
Thank so much
BTW now i should buy ICO coin or buy coin on exchange?
Thank so much
In my mind, we can all check like having a good team, in every project there should be social media like Telegram, twitter, and Facebook, all those projects should be active all on it, see white paper and Roadmap for Project, lastly, you have Check There is a Token allocation available for AirDrops.That's my opinion. But that's all back to yourself because all the decisions are in your hands.
Even experienced investors can not know for sure which ico are scams
Scam projects often do not have unique ideas, often ico sites look bad or designed like other ICO websites. Regarding media these projects are often not focused, they only put ads on FB, GG and TW to attract investors.
There are a lot of signs:
1. team is unanimous or not experienced, or just listed as a team and not involved,
2. project is not defined well, whitepaper is copy pasted or very general
3. team has no future plans
4. information on softcap, hard cap, and other info on project is not available, processes are not transparent.
I can suggest to look at Ambit Mining ICO, it is an example of good project, how it should be, the example of good team, idea and planning.
1. team is unanimous or not experienced, or just listed as a team and not involved,
2. project is not defined well, whitepaper is copy pasted or very general
3. team has no future plans
4. information on softcap, hard cap, and other info on project is not available, processes are not transparent.
I can suggest to look at Ambit Mining ICO, it is an example of good project, how it should be, the example of good team, idea and planning.
Giga Hash Miner Scam Exposed - https://cryptoshib.com/gigahash-miner-scam-exposed-by-cryptoshib/
You can identify if an ICO is scam or not by thorough research. Read their whitepaper and examine the team behind it if they're credible and experienced enough in this field. I can personally recommend you to check out DCC! Distributed Credit Chain (DCC) will break up the oligopoly controlling traditional financial institutions with a decentralized financial system. Financial institutions will now have to compete in the market by reducing the prices on the board instead of bouncing off of each other with pricing structures. A decentralized financial system makes sure that smaller banks will have the chance to compete while enabling big banks to return earnings to users and providers of the banking services. In that way, we’ll be able to achieve a truly inclusive financial system that will finally give users who couldn’t afford using traditional institutions a chance. I find their vision very promising.
To learn more about DCC, you can visit their website at http://dcc.finance/ or follow them on Twitter at https://twitter.com/DccOfficial2018
To learn more about DCC, you can visit their website at http://dcc.finance/ or follow them on Twitter at https://twitter.com/DccOfficial2018
If you are not well informed about the whole crypto industry, you can check some ICO rating web-sites. There are no sense to trust their marks, but you can see that project you want to invest is a scam or not. ICO are rated after the deep research
The best you can do to know if ICO is a scammer is to look out with their profiles and read properly their full details and also look if they have a good feedbacks form their clients or investors in this business.
Please tell me how to known a scam ICO to protect myself
BTW now i should buy ICO coin or buy coin on exchange?
Thank so much
BTW now i should buy ICO coin or buy coin on exchange?
Thank so much
In my mind, fraud is everywhere. You need to be more careful if you want to participate in the project.
Practice research in advance so that you do not become the next victim,
like the back team, be sure to check their profile and who the manager is on the project.
Know more about ICO before investing into it,
Visit their social channels and ask them a lot of questions, ask them until you get all clear answers.
Check out their team and previous background of team members. Generally ICOs with fake or unknown members and hidden team are fishy ones.
Check out what their project is, its usecases, check roadmap, github, smart contract etc, read whitepaper, how and when it will be developed?
in short do as much research as possible to know whether an ICO is a good investment or it's just to take your money.
Visit their social channels and ask them a lot of questions, ask them until you get all clear answers.
Check out their team and previous background of team members. Generally ICOs with fake or unknown members and hidden team are fishy ones.
Check out what their project is, its usecases, check roadmap, github, smart contract etc, read whitepaper, how and when it will be developed?
in short do as much research as possible to know whether an ICO is a good investment or it's just to take your money.
To identify true and false ICOs, you must first observe whether its white paper is regular! Does it meet the public demand! Second, you need to observe their teams. You can even actively contact their teams to communicate with them linguistically. This is the most direct and effective way. You can understand the details of many projects from the communication!
Please tell me how to known a scam ICO to protect myself
BTW now i should buy ICO coin or buy coin on exchange?
Thank so much
BTW now i should buy ICO coin or buy coin on exchange?
Thank so much
Identifying an ICO if it's a scam or legit is really hard, because there are lots of ICO that is having a good and promising project but still a scam. But for me to determine a scam ICO, i always recommend to review of there whitepaper and identify the members behind the team if they are credible members and not fabricated only.
The best way to know scam ico is to make research in any coin you want to invest into, seek opinion of people in the crypto community. Mostly scam ico makes use of fake team, hide most information from the users, offers huge bonus etc.
You can not check it. Even a project with very good reviews can be a scam. It may not happen at once. Once and for all buy and watch the market.
With such a bunch of startups and hot projects appearing it is really difficult to avoid scams.
If you are a advertiser you lose only your time and effort - it's bad either but losing money is a harder strike.
Scammers became more sneaky.
Beside fake photos and other stuff you should Google much.
And another sign - if the team or dev suddenly abandons official community group is clearly a bad sign.
If you are a advertiser you lose only your time and effort - it's bad either but losing money is a harder strike.
Scammers became more sneaky.
Beside fake photos and other stuff you should Google much.
And another sign - if the team or dev suddenly abandons official community group is clearly a bad sign.
Please tell me how to known a scam ICO to protect myself
BTW now i should buy ICO coin or buy coin on exchange?
Thank so much
There is no accurate way on how to spot a scam ICO, but better review the team behind it. If you have doubt, google their name. BTW now i should buy ICO coin or buy coin on exchange?
Thank so much
Please tell me how to known a scam ICO to protect myself
BTW now i should buy ICO coin or buy coin on exchange?
Thank so much
Personally, I first look at the project team.BTW now i should buy ICO coin or buy coin on exchange?
Thank so much
1) it is desirable that the team was not Russian (they have a lot of scum)
2) be sure to check their profiles in linkedin
3) 3) it is desirable that there would be people in the project team who previously participated in the successful project.
Now a lot of bench, they can be found and most without special skills and the help of others.
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