Topic: How to prevent fraud? - page 15. (Read 3155 times)
Until we go connective to the network there'll be no chances for security breach and stealing our funds. Even with the highly security concerned exchanges fail in it, even it's cold storages have got security breaches. Upon this it is impossible to state cent percent security with the cryptocurrency network.
In crypto in my opinion the fraud can be prevented more easy, if the PC , phone, usb or hardware wallet and privatekeys/passphrase never got online, will be hard for someone to steal them.
we can actually prevent fraud. but the way to prevent it is that everyone cannot find a solution for it all. the problem is that fraud is always there for every one of us. yes, all we can do is be careful when storing a coin and we also need to be active in the crypto world.
In crypto in my opinion the fraud can be prevented more easy, if the PC , phone, usb or hardware wallet and privatekeys/passphrase never got online, will be hard for someone to steal them.
I think that everything is directed in some way to seeing the word ICO is to be very careful because of the misuses that have been given to it. Now there are many ways to prevent fraud, in fact many ICO have become STO, which, I think have greater security and offer more confidence to investors, is a way to continue to believe in technology.
According to OP, I think that somehow not everything is safe, there will always be many pitfalls that many put to those who are less cautious, and in Crypto, the robberies are of very large amounts of money, which, according to Malkiel Burton, in his book said that when they do occur, they are often late when they have gone away with all the gains, such as happened in the 1823s since Jesse Livermore began his long vision of the market.
According to OP, I think that somehow not everything is safe, there will always be many pitfalls that many put to those who are less cautious, and in Crypto, the robberies are of very large amounts of money, which, according to Malkiel Burton, in his book said that when they do occur, they are often late when they have gone away with all the gains, such as happened in the 1823s since Jesse Livermore began his long vision of the market.
for now, be careful and careful to choose the ICO project to be used as an investment place, because most ICOs are now deceptive. so don't ever choose a strange project
actually to be careful in avoiding a scam project is difficult. because most people cannot yet identify which projects are serious and which projects are only fraudulent. because the data that makes them commit fraud has been kept tightly.
To prevent fraudulent activities, you should never provide any credit card information such as credit card details.You should also be careful on checking emails because fraud expert can send spam emails vigilantly.
do not make transactions using credit cards or all types of payments where the site has a weak database, because they are vulnrable to hack and hackers can have credit cards or many other accounts from vulnerable sites
Just do not believe on easy.or fast money they offer especially if they ask you to invest an amount. You know that we are anonymous here so everybody can take courage to scam,swind and fraud other users. Just head on and do some research for further guidance before anything else.
A newbie and his first post are about fraud? Nice.
Usually, Newbies are trying to spam some mega threads and their posts are nonsense. It's great that you've created a topic that most of the people here must know. I would like to add something about fraud, It is being used for class A persons where they can scam people or hi-jack some income with that precious information. Even here, some of the bounty campaigns, they require KYC where we send our information to receive the payment, that's very dangerous.
The newbie must know something about fraud, don't have a mentality of getting income first than your safety.
Usually, Newbies are trying to spam some mega threads and their posts are nonsense. It's great that you've created a topic that most of the people here must know. I would like to add something about fraud, It is being used for class A persons where they can scam people or hi-jack some income with that precious information. Even here, some of the bounty campaigns, they require KYC where we send our information to receive the payment, that's very dangerous.
The newbie must know something about fraud, don't have a mentality of getting income first than your safety.
To prevent fraudulent activities, you should never provide any credit card information such as credit card details.You should also be careful on checking emails because fraud expert can send spam emails vigilantly.
Sometimes we feel confident that the project that is being followed will be successful but in fact do fraud too. Determining which is safe and not is sometimes difficult that only we do is just remain patient if you face it. This Praud can come anytime without us even realizing it. Investment in crypto carries a risk as well as investing in an ICO project.
If you want to prevent a fraud you need to be specialized for that. How you do that is by learning everything you can about frauds. It`s impossible to
do that, scammers invent new ways everyday. To be up to date with scams and frauds you need to be in some crime organization.
Avoid frauds by researching about project creators, their idea. There is no guarantees that you will avoid fraud even if you take all necessary steps, we
risk a lot, but sometimes we get very high rewards for that risk.
do that, scammers invent new ways everyday. To be up to date with scams and frauds you need to be in some crime organization.
Avoid frauds by researching about project creators, their idea. There is no guarantees that you will avoid fraud even if you take all necessary steps, we
risk a lot, but sometimes we get very high rewards for that risk.
My opinion is that we have to be more careful if we want to invest in Crypto, because so many fraudsters keep lurking on us. So for prevention you must be careful and continue to do research on a project so that nothing bad happens.
In this topic we need a financial specialist, he/she is the only one who ios able to give a straight answer regarding the measures to take for preventing fraud.
we have to record all their activities from the start, because we have proof if they commit fraud. don't forget not to transfer to people you don't know before and not related to the project at all. avoid phishing sites. do not be tempted by a little depot but promise with very large profits, maybe they just want to cheat you. do not hesitate to ask the development team before investing or joining, if they answer in a hesitant tone, they must be lying.
Just recording their activities won't help us determine if the project is going to be a scam or not. Look out there, there are hundreds of project that had good activity and baam.. all of a sudden they disappeared. It's not that difficult to create fake activities and trick people into believing the project is active. Same goes with talking to the development team. They are well trained to bluff their answer. All you have to do is follow your own intuition. 
I believe ICO is not a fraud maker, the reason why there are so many ICO's that are scams and shady people and so forth is not the fault of ICO its the humanity. Ever since humans existed we have tried to find ways to make our lives better not caring if it would make others lives worse. In the end we are all humans and the easier we make money the better, yeah some of us try to do it legally, most of us try to do it legally but we all try to find legal and easy ways to make money as well.
So, when it comes down to ICO and how to make super fast money than yeah we can't really blame them. I never created any ICO and got funding but honestly if I did that I wouldn't scam people but I would always try to keep my own ambitions higher than other peoples like investors and traders.
It is true that an ICO project cannot be blamed for fraud. But, what about people who have the heart to commit fraud by creating an ICO project? Because basically an ICO project is created with a vision and mission that has the potential to overcome problems during the present conditions. We only blame those who misuse an ICO project for fraudulent acts, not the project. This is normal right?So, when it comes down to ICO and how to make super fast money than yeah we can't really blame them. I never created any ICO and got funding but honestly if I did that I wouldn't scam people but I would always try to keep my own ambitions higher than other peoples like investors and traders.
This is the reason why ICO needs to be regulated. For investors protection, any fund raising must be approved by the government office to at least minimize the risk involve in investing in an ICO. Cryptocurrency isn't anonymous anymore so I guess there is no harm in implementing licensed/registered ICO.
If you have done various ways to research an ICO and end up with a scam. of course the risks in ICO investment are greater because
you are getting harder to know which are trusted ICO and ICO scam. Is it that difficult now to choose potential ICO?
Please note that, It is not only scam ICOs that makes it a more riskier form of investment, because not all ICO's will reach the hard cap or even the soft cap and not all ICOs will be succesful regardless of how legit it was. Theres always a risk of failed investment than just being a scammed investment. So, I guess investing in ICOs nowaday isnt ideal for everyone anymore.
I believe ICO is not a fraud maker, the reason why there are so many ICO's that are scams and shady people and so forth is not the fault of ICO its the humanity. Ever since humans existed we have tried to find ways to make our lives better not caring if it would make others lives worse. In the end we are all humans and the easier we make money the better, yeah some of us try to do it legally, most of us try to do it legally but we all try to find legal and easy ways to make money as well.
So, when it comes down to ICO and how to make super fast money than yeah we can't really blame them. I never created any ICO and got funding but honestly if I did that I wouldn't scam people but I would always try to keep my own ambitions higher than other peoples like investors and traders.
It is true that an ICO project cannot be blamed for fraud. But, what about people who have the heart to commit fraud by creating an ICO project? Because basically an ICO project is created with a vision and mission that has the potential to overcome problems during the present conditions. We only blame those who misuse an ICO project for fraudulent acts, not the project. This is normal right? So, when it comes down to ICO and how to make super fast money than yeah we can't really blame them. I never created any ICO and got funding but honestly if I did that I wouldn't scam people but I would always try to keep my own ambitions higher than other peoples like investors and traders.
I believe ICO is not a fraud maker, the reason why there are so many ICO's that are scams and shady people and so forth is not the fault of ICO its the humanity. Ever since humans existed we have tried to find ways to make our lives better not caring if it would make others lives worse. In the end we are all humans and the easier we make money the better, yeah some of us try to do it legally, most of us try to do it legally but we all try to find legal and easy ways to make money as well.
So, when it comes down to ICO and how to make super fast money than yeah we can't really blame them. I never created any ICO and got funding but honestly if I did that I wouldn't scam people but I would always try to keep my own ambitions higher than other peoples like investors and traders.
So, when it comes down to ICO and how to make super fast money than yeah we can't really blame them. I never created any ICO and got funding but honestly if I did that I wouldn't scam people but I would always try to keep my own ambitions higher than other peoples like investors and traders.
To prevent fraud ensure you do not be in a hurry to invest, invest base on detailed research about the project whithpaper, the team involve and there past track record, checkout how realistic the amount they want to raise and the bonus, research before you invest.
Internet open spaces is a huge field for fraudsters who will use different methods to deceive you,
when choosing ICO you need to be as careful as possible, and study it very carefully, paying attention to all the little things.
as far as I know, sometimes many people use escrow to prevent fraud. the third person must be from a trusted place. nowadays, I see a lot of this on social media, even in the crypto world.when choosing ICO you need to be as careful as possible, and study it very carefully, paying attention to all the little things.
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