Topic: How to prevent fraud? - page 6. (Read 3157 times)
Nowadays, scam projects are everywhere. You should always check for its legitimacy beforehand. Better to ask someone that is using that platform so that you will have an idea what's going on inside. You should always analyze the mechanisms(how it works) and also the team that you will be working with. Knowledge is a very essential tool in order to prevent fraud.
To prevent fraud we must ensure we avoid hasty decision, research, think, observe before investing into a project or platform, also ensure you do not fill your details into unknown and unverify source. Prevent your personal data with upto date antivirus.
Do not give your personal information on sites that are suspicious. Be aware on everything you go and search thoroughly about it, read feedbacks if available for you to know that it is not a fraud. Do not believe easily on what they offer because it is just a bait to catch attention and ready to victimize you. 
To prevent scams from ICO projects or lending programs, the first thing is to carefully analyze the type of business as well as their team.
Check everything carefully and get their whitepaper to see the token lock time and some plans in the roadmap.
If it doesn't make sense and they only care about how much capital they raise, be careful because it's a sign of a scam.
Check everything carefully and get their whitepaper to see the token lock time and some plans in the roadmap.
If it doesn't make sense and they only care about how much capital they raise, be careful because it's a sign of a scam.
Whitepapers and road maps aren't a hundred percent guarantee the a project is legitimate. Sometimes fraudulent people do take time to make whitepapers. It's better if you research on the people behind the project. That's where you'll see if they can be trusted with your money. A project with a respectable and honest team will eventually have it's own value.
In these days, is really hard to find a good project. Many of them are just scam.
You need spend a lot of time to reserch about the project and people envolved with.
But, sometimes, when you think is all ok with the project, the team cant put the project to work.
Yes, there is such a possibility, we have to examine the projects in detail.
But I don't do that anymore. I only work with projects traded on the exchange. I'm especially interested in projects that have proven their worth and are listed on exchanges such as Binance and Huobi. Because these exchanges are doing all the research for us.
To prevent scams from ICO projects or lending programs, the first thing is to carefully analyze the type of business as well as their team.
Check everything carefully and get their whitepaper to see the token lock time and some plans in the roadmap.
If it doesn't make sense and they only care about how much capital they raise, be careful because it's a sign of a scam.
Check everything carefully and get their whitepaper to see the token lock time and some plans in the roadmap.
If it doesn't make sense and they only care about how much capital they raise, be careful because it's a sign of a scam.
Whitepapers and road maps aren't a hundred percent guarantee the a project is legitimate. Sometimes fraudulent people do take time to make whitepapers. It's better if you research on the people behind the project. That's where you'll see if they can be trusted with your money. A project with a respectable and honest team will eventually have it's own value.
In these days, is really hard to find a good project. Many of them are just scam.
You need spend a lot of time to reserch about the project and people envolved with.
But, sometimes, when you think is all ok with the project, the team cant put the project to work.
To prevent scams from ICO projects or lending programs, the first thing is to carefully analyze the type of business as well as their team.
Check everything carefully and get their whitepaper to see the token lock time and some plans in the roadmap.
If it doesn't make sense and they only care about how much capital they raise, be careful because it's a sign of a scam.
Check everything carefully and get their whitepaper to see the token lock time and some plans in the roadmap.
If it doesn't make sense and they only care about how much capital they raise, be careful because it's a sign of a scam.
Whitepapers and road maps aren't a hundred percent guarantee the a project is legitimate. Sometimes fraudulent people do take time to make whitepapers. It's better if you research on the people behind the project. That's where you'll see if they can be trusted with your money. A project with a respectable and honest team will eventually have it's own value.
To prevent fraud we must ensure we avoid hasty decision, research, think, observe before investing into a project or platform, also ensure you do not fill your details into unknown and unverify source. Prevent your personal data with upto date antivirus.
More precisely, what you say means that in a world where people always set rules, no administration or government can participate in this game, preventing fraud can only be an individual's act and consciousness, it's clear that we will need to learn how to identify fraud and stay away from such issues. And when it comes to perceptions of each individual, it belongs to each person's right, protecting ourselves is primarily, not protecting others, we cannot afford to pay attention or completely stop these frauds when this is a black market without rules.
To prevent scams from ICO projects or lending programs, the first thing is to carefully analyze the type of business as well as their team.
Check everything carefully and get their whitepaper to see the token lock time and some plans in the roadmap.
If it doesn't make sense and they only care about how much capital they raise, be careful because it's a sign of a scam.
Check everything carefully and get their whitepaper to see the token lock time and some plans in the roadmap.
If it doesn't make sense and they only care about how much capital they raise, be careful because it's a sign of a scam.
To prevent fraud we must ensure we avoid hasty decision, research, think, observe before investing into a project or platform, also ensure you do not fill your details into unknown and unverify source. Prevent your personal data with upto date antivirus.
Don’t believe your caller ID
Spot imposters
Do online searches
Don’t pay upfront for a promise
Spot imposters
Do online searches
Don’t pay upfront for a promise
This is useful if employees are stealing. In my country, the chiefs themselves first steal. And they have all the arrangements with the law.
It's the same in my county, rich people are getting richer, usually the politicians of the ruling party and their families and close friends. I don't know what needs to happen for that to stop, cause it last like forever. Scheme is the same, just new names are on the paper, I think I will not vote anymore.
Frauds will never stop, at least I don't see the wns of them. Maybe with some new system we can have less frauds, but who can five any guarantees about that, we can just hope for the best.
This is useful if employees are stealing. In my country, the chiefs themselves first steal. And they have all the arrangements with the law.
It's the same in my county, rich people are getting richer, usually the politicians of the ruling party and their families and close friends. I don't know what needs to happen for that to stop, cause it last like forever. Scheme is the same, just new names are on the paper, I think I will not vote anymore.
Frauds will never stop, at least I don't see the wns of them. Maybe with some new system we can have less frauds, but who can five any guarantees about that, we can just hope for the best.
It seems to me that to work in the cryptocurrency market you need to have a separate device from which you can not visit any other resources, except to have original links with bookmarks to the resources that you use. This is to save you from visiting phishing sites. Even Google search needs to be carried out on another computer or smartphone. Leave your work computer just for work.
It's also a good step or way, but we can't conclude that everyone has a separate device to work in and enter a new link or whatever. So, by using a device that is basically only for personal and as long as you are always careful I don't think it is a problem. Avoiding or preventing fraud depends on the mindset and greed that exists, if it can be controlled properly I am sure it is the basis that at least must be possessed so as not to be fooled.
It seems to me that to work in the cryptocurrency market you need to have a separate device from which you can not visit any other resources, except to have original links with bookmarks to the resources that you use. This is to save you from visiting phishing sites. Even Google search needs to be carried out on another computer or smartphone. Leave your work computer just for work.
It seems to me that at certain points it is not difficult to punish a fraudster, but we need to think about how to prevent fraud or how to protect our personal data, secret keys, passwords or funds from loss. At the moment I do not see any way out of this situation, since each of us is still at risk, even if he takes the original precautions.
Fraud is an old problem. And this until now is very difficult to eliminate. I think security is the main thing to store digital assets. I am always cautious about doing things and not being easily tempted with results that are of great advantage. I am grateful that until now have not experienced any fraud that made me lose a lot of money.
Yes, it may be an old problem but is still present up to this day. And since we are now on the digital age, of high technology, even the wrong-doers are already tech-savvy. This should be a warning to everyone to be careful in there personal belongings, especially when it involves money. Never let your guards down and always be cautious.
I think authenticator or OTP (One Time Password) will prevent little on fraud activity it is possible to use in crypto and it will develop a huge impact on it and other crypto exchanger implement on these there a small changes that could illegal activity will happen.
This is just part of the security measure in your account in a certain exchange, but when the exchange is a fraud and you put you money with them, that authenticator is just useless. What we are talking here is the entire fraud scenario that is happening within the market. Fraud is an old problem. And this until now is very difficult to eliminate. I think security is the main thing to store digital assets. I am always cautious about doing things and not being easily tempted with results that are of great advantage. I am grateful that until now have not experienced any fraud that made me lose a lot of money.
Yes, the best way to prevent various types of fraud in the crypto world is to never be tempted by the desire for quick and big profits, but we must be good at researching the invitation, because in the world of Cypto there are a lot of fraudsters, so you have to be careful.It's hard to prevent fraud due to a fact that people have different issues. We can't deny it because even we already issued a warning, some will always doesn't follow rules. This is how life works, there is always a victim and nobody can stop it in 100%.
Fraud is an old problem. And this until now is very difficult to eliminate. I think security is the main thing to store digital assets. I am always cautious about doing things and not being easily tempted with results that are of great advantage. I am grateful that until now have not experienced any fraud that made me lose a lot of money.
against fraudsters need to take tougher penalties, I doubt that a person will want to commit fraud, if he knows that it can be put in prison for the rest of days. I hope that such laws will be adopted in the future. then the world will be better)) 
It is expected that in the future crypto will be regulated, otherwise we won't be able to use it anymore because they can also ban this if they cannot regulate since there's a big interest among users already and without regulation this illegal activities cannot be controlled.
against fraudsters need to take tougher penalties, I doubt that a person will want to commit fraud, if he knows that it can be put in prison for the rest of days. I hope that such laws will be adopted in the future. then the world will be better))
Jump to: