Topic: How to prevent fraud? - page 19. (Read 3157 times)
They will continuously promote fraud in many ways so it's better to take care of ourselves. Fraud is anywhere it's made for scamming a lot of people that doesn't have enough knowledge about crypto. Fraudulent is risky if we are investor because we are prioritized by those fraudsters. Fraudsters always make a way to continue their work in a wiser process.
there is no denying that the blockchain project is synonymous with fraud, because most people only see it as a comparison of bitcoin which has become an extraordinary digital asset. With the capital of a whitepaper and a vision to create revolution many people are deceived.
but not all blockchain projects are like that, this happens because of a lack of regulation, so many use it only to raise funds. therefore we must start learning to do research to get a good project. it can be considered including experienced teams, the project roadmap, and the white papperOn the other hand, talking about regulation, it can bring more fraudulent techniques to the industry. When you force someone to act legally then they will find a way to overcome it and act in an illegal way, most of the time with irreversible consequences. The best way is to get some advice from the experienced ones and then act according to them.
The situation is really complex than it seems.I have realised that sometimes it is still not easy to identify scam projects after doing your own background research. Fraudsters are becoming more intelligent and meticulous in their dealings lately. Interestingly enough you may assume that a project is a scam meanwhile it is genuine in reality.
This is exactly the situation on ground. Fraudsters are becoming wiser and smarter in their craftiness and in most cases, excellent work is put together to defraud people. In that right under one's watch and with diligent research, the scam will still be carried out successfully. 
there is no denying that the blockchain project is synonymous with fraud, because most people only see it as a comparison of bitcoin which has become an extraordinary digital asset. With the capital of a whitepaper and a vision to create revolution many people are deceived.
but not all blockchain projects are like that, this happens because of a lack of regulation,regulation cannot totally combat frauds . ive witnessed alot of regulated projects but they can still be bypass by fraudsters . we all cant prevent fraud because fraud is already part of the ecosystem ( not just crypto ) altough we can minimize the risk of catching them if we manage to plan our moves and decisions carefully .
Your question is too long and spinning,
You ask about, "how to prevent fraud",
Actually, some of you have answered yourself, who deceived and cheated.
I want to add a little: maybe, if this has happened If you already feel there has been a deception seed in the area as you tell, don't hesitate to report it to your boss and don't let anything like that happen because the crime that is left will definitely run rampant and the fraudsterwill underestimate you because it is easily fooled.
You ask about, "how to prevent fraud",
Actually, some of you have answered yourself, who deceived and cheated.
I want to add a little: maybe, if this has happened If you already feel there has been a deception seed in the area as you tell, don't hesitate to report it to your boss and don't let anything like that happen because the crime that is left will definitely run rampant and the fraudsterwill underestimate you because it is easily fooled.
there is no denying that the blockchain project is synonymous with fraud, because most people only see it as a comparison of bitcoin which has become an extraordinary digital asset. With the capital of a whitepaper and a vision to create revolution many people are deceived.
but not all blockchain projects are like that, this happens because of a lack of regulation,regulation cannot totally combat frauds . ive witnessed alot of regulated projects but they can still be bypass by fraudsters . we all cant prevent fraud because fraud is already part of the ecosystem ( not just crypto ) altough we can minimize the risk of catching them if we manage to plan our moves and decisions carefully .
exchange or wallet, and that can minimize someone to cheat, because their identity has been seen by government
there is no denying that the blockchain project is synonymous with fraud, because most people only see it as a comparison of bitcoin which has become an extraordinary digital asset. With the capital of a whitepaper and a vision to create revolution many people are deceived.
but not all blockchain projects are like that, this happens because of a lack of regulation,regulation cannot totally combat frauds . ive witnessed alot of regulated projects but they can still be bypass by fraudsters . we all cant prevent fraud because fraud is already part of the ecosystem ( not just crypto ) altough we can minimize the risk of catching them if we manage to plan our moves and decisions carefully .
Its true this white collar fraud not just cryptocurrency, its happen in stocks market too. If we recall Bernie Madoff, we know that economic system can used for fraud. Regulation only can reduce but can not stop fraud in any bussiness and investment, what we can do is stay carefull with our investment
there is no denying that the blockchain project is synonymous with fraud, because most people only see it as a comparison of bitcoin which has become an extraordinary digital asset. With the capital of a whitepaper and a vision to create revolution many people are deceived.
but not all blockchain projects are like that, this happens because of a lack of regulation,regulation cannot totally combat frauds . ive witnessed alot of regulated projects but they can still be bypass by fraudsters . we all cant prevent fraud because fraud is already part of the ecosystem ( not just crypto ) altough we can minimize the risk of catching them if we manage to plan our moves and decisions carefully .
Be careful when choosing an ICO project because there are currently many ICO projects that are not clear even though not all ICO projects are like that. Avoiding participating in ICO projects is a better thing to prevent us from fraud.
There were more and more ico's coming into usage, but very few succeeds or becomes much worthier in the market. Rather than avoiding the participation into ICO projects it is good to analyze better about the ICO. Every ico has a calculated value for the token, but end of the day it'll be getting around 100 percent drop value when listed to the exchanges.
Be careful when choosing an ICO project because there are currently many ICO projects that are not clear even though not all ICO projects are like that. Avoiding participating in ICO projects is a better thing to prevent us from fraud.
how to prevent fraud? that is by not being too trusting in projects that promise a profit or a future that is too good and even very far from common sense, don't be fooled by the appearance of documents such as websites, WP or whatever they make.
and don't be tempted by a roadmap that doesn't make sense.
and don't be tempted by a roadmap that doesn't make sense.
Would have been nice if you had formatted this better but yes, all of those are telltale signs. I don't remember the name but I saw one docu on TV about this woman working the family business as the accountant. For several years she never taken a vacation, apparently coz she's cooking the books.
Currently ICO projects are bringing two different issues. It brings a lot of benefits to the market and investors when it is a real and successful ICO project.
the rest have a lot of fraud projects that have lost a lot of money from investors and the crypto market.
If you do not want to lose money, do not invest in ICO projects without careful analysis.
the rest have a lot of fraud projects that have lost a lot of money from investors and the crypto market.
If you do not want to lose money, do not invest in ICO projects without careful analysis.
there is no denying that the blockchain project is synonymous with fraud, because most people only see it as a comparison of bitcoin which has become an extraordinary digital asset. With the capital of a whitepaper and a vision to create revolution many people are deceived.
but not all blockchain projects are like that, this happens because of a lack of regulation, so many use it only to raise funds. therefore we must start learning to do research to get a good project. it can be considered including experienced teams, the project roadmap, and the white papper
The situation is really complex than it seems.I have realised that sometimes it is still not easy to identify scam projects after doing your own background research. Fraudsters are becoming more intelligent and meticulous in their dealings lately. Interestingly enough you may assume that a project is a scam meanwhile it is genuine in reality.
This free market is very arbitrary to make profits detrimental to others, the most important prevention is to multiply research first before investing or whatever, because the chances of crime in this world are very large, try not to rush to everyone in here, it's very difficult to tell everyone that selfishness destroys everything.
It is true that ICO has no effect on the progress of cryptocurrency because most altcoins are big nonsense that doesn't give anything after following complicated procedures, a small number of them are also good and honest but sometimes less exposed.
It is true that ICO has no effect on the progress of cryptocurrency because most altcoins are big nonsense that doesn't give anything after following complicated procedures, a small number of them are also good and honest but sometimes less exposed.
there is no denying that the blockchain project is synonymous with fraud, because most people only see it as a comparison of bitcoin which has become an extraordinary digital asset. With the capital of a whitepaper and a vision to create revolution many people are deceived.
I guess fraudulent is not preventable but you can minimize being a victim if you will be very vigilant in your actions towards your investments. Doing more research before engaging to something which includes money will reduce the chances of being a victim of fraudulence.
Specially when sending some information about you in online. That's why i really hate when they're requiring KYC on a project to receive a payment, my information can be used or sell by them. It's very preventable but if you really want to risk because of the "benefits" of a platform/project then you should and take the consequences.
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
Yes, ICOs do not have a good reputation at the moment, but there are still some interesting projects that I think will give a lot of satisfaction in the future. The point is too chose wisely which projects are worth investing.
ICOs are very trash today, most of it are just scams and will waste our time, that's the reason why I'm sticking to btc campaign than alt camps.
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
Yes, ICOs do not have a good reputation at the moment, but there are still some interesting projects that I think will give a lot of satisfaction in the future. The point is too chose wisely which projects are worth investing.
I guess fraudulent is not preventable but you can minimize being a victim if you will be very vigilant in your actions towards your investments. Doing more research before engaging to something which includes money will reduce the chances of being a victim of fraudulence.
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