Topic: How to prevent fraud? - page 9. (Read 3157 times)
You can't really avoid it. Even if you're a person with a high IQ it's just impossible to plan for every possible way that you can get hit. Experience helps a lot, but in order to gain that experience you have to be a victim.
One of the best ways to check and prevent fraud on the market is to stay vigilant and take precautionary measures before choosing to join the investment of a particular project. Never jump into a project blindly or hurriedly. Take time to research deeply into the project in order to come out with a good level of confidence about the authenticity of the project through the studying of the profiles of the team members and coherence in information provided the project on their various platforms (social media outlets, whitepaper, lightpaper, website, telegram etc).
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. Currently there are many bad projects being operated and investors still buy tokens and after the project breaks, they blame the project for scam.In fact, very few scam projects, many of which are projects with bad ideas and their team is not good enough to operate the project in accordance with the roadmap.
So to become a true investor, I recommend that we should be knowledgeable about blockchain as well as crypto for better analysis before investing.
i think the best way to prevent fault is the learn the fault it is, like you try to learn to ryde bicycle.
you wont know its fault/not until you experience it, unless someone tell you or you learn from other mistake.
If you learn, then you should not need to wait until someone tell you those are frauds. What's the point from learning then?you wont know its fault/not until you experience it, unless someone tell you or you learn from other mistake.
By just learn your fault is not enough, when frauds in these days are really creative and packed so they can look like "legit" stuff.
reading carefully , clicking carefully and always be carefull when joining something with your identitiy , reading whitepapper is best thing on joining some project
Not only the whitepaper because some people know how to make beautiful papers but also check for their existing licenses and if those docs are really authentic. In this age, anyone can make papers to look legit. Look for the team members involved and try to contact one of them and confirm their involvement in the project, if you have time to do that. I did that one time via linkedin because I had suspicions. Good thing, that person replied and appreciate my action of checking their existence.
reading carefully , clicking carefully and always be carefull when joining something with your identitiy , reading whitepapper is best thing on joining some project
we have to build our mental and emotion to able facing unpredicted condition and situation in market.by doing this we will not weak hand and panic man.everything could overcome with calm.
The problem here is you invested in fraud, your emotion is not anymore important, even if you hold, you already made a mistake, so you are bound to losing money. so the most important thing is a very good skill so as not to invest in the wrong project, there are many fraudulent projects that will make it difficult for us to find the right project, so with the skills we have at least we will always be careful to invest
i think the best way to prevent fault is the learn the fault it is, like you try to learn to ryde bicycle.
you wont know its fault/not until you experience it, unless someone tell you or you learn from other mistake.
you wont know its fault/not until you experience it, unless someone tell you or you learn from other mistake.
In my opinion it would be very to stop fraud because fraud has developed very long, and again this deception is a person who has been a bit trained and has committed fraud so that he has no mercy on the loss of others
In any case, each cryptocurrency user should take care of their security. It is care when using your wallets, as well as caution when storing your personal data, as well as secret keys, in any case will improve your security. In addition, fraud in the cryptocurrency market can be prevented by specifically regulating the process or investing stocks or trading on trading exchanges to avoid fraudulent activities by which they steal investment funds and manipulate the cryptocurrency market.
we have to build our mental and emotion to able facing unpredicted condition and situation in market.by doing this we will not weak hand and panic man.everything could overcome with calm.
The problem here is you invested in fraud, your emotion is not anymore important, even if you hold, you already made a mistake, so you are bound to losing money. Evading from fraud is about our induvidual perspection on the project we are penetrating, we have peruse its whitepaper on how legible it is. Thus, having a lot of knowledge will enhance our skills to be wise on every deliberance and being wise is the only method we can use in order to evade from fraud.
we have to build our mental and emotion to able facing unpredicted condition and situation in market.by doing this we will not weak hand and panic man.everything could overcome with calm.
The problem here is you invested in fraud, your emotion is not anymore important, even if you hold, you already made a mistake, so you are bound to losing money.
Avoid investing on strange projects. You should always check the liability of the project. Gather some information before investing to prevent losing money. Don't trust your gut feels, always try to look deeper before investing. People nowadays might look trustworthy but actually not.
we have to build our mental and emotion to able facing unpredicted condition and situation in market.by doing this we will not weak hand and panic man.everything could overcome with calm.
The problem here is you invested in fraud, your emotion is not anymore important, even if you hold, you already made a mistake, so you are bound to losing money. 
No one can't guarantee you safety and security and you have to try to protect yourself. Do the background check, check everything twice and if something looks suspicious than probably it is. Don't fall for fast and easy money, fraudsters count on greed and being naive. There is no such thing as free lunch, don't ever forget that.
A must have thing on investors mind and emotion that don't easily fall out with fast or too good to be true returns.This is the main reason why people do fall easily due to greed and that weakness is being used mainly to deceive people.
Research and experience would make able to avoid you and just be sensible in all sorts of things that looks suspicious on the first place.
@OP i believe it's a great write up that you have here even though i have not had the time to read it all 
but i believe you are likely to increase your audience on this thread if you can give your texts a little bit of spacing, some paragraphs.
I would read through it all as soon as this is done because i am likely to miss my lines whiles reading this clumsy post.
but i believe you are likely to increase your audience on this thread if you can give your texts a little bit of spacing, some paragraphs. I would read through it all as soon as this is done because i am likely to miss my lines whiles reading this clumsy post.
No one can't guarantee you safety and security and you have to try to protect yourself. Do the background check, check everything twice and if something looks suspicious than probably it is. Don't fall for fast and easy money, fraudsters count on greed and being naive. There is no such thing as free lunch, don't ever forget that.
A must have thing on investors mind and emotion that don't easily fall out with fast or too good to be true returns.This is the main reason why people do fall easily due to greed and that weakness is being used mainly to deceive people.
Research and experience would make able to avoid you and just be sensible in all sorts of things that looks suspicious on the first place.
No one can't guarantee you safety and security and you have to try to protect yourself. Do the background check, check everything twice and if something looks suspicious than probably it is. Don't fall for fast and easy money, fraudsters count on greed and being naive. There is no such thing as free lunch, don't ever forget that.
People should do research and after should ask community and even if there is a scam attemp they should always check better and never invest on something looking suspicious.
However, people are lazy when it comes in doing research, they just want easy money. That's why they invest on where the majority of people goes. They just go with the flow. This is an example why reading and being aware on the latest news is important. 
This is a will write up information about fraud and I really learn alot from this information. I have see fraud in all facets of endeavour and people in authority are really the best fraudster. From government agencies to public office holding we see a lot of fraud daily and I think since some of them has fraud investigating agencies in their pockets it very difficult to find out and prosecute them. Follow your recommendation I think it is best we have a system that makes it difficult for people to commit fraud and scam.
Scam and Fraud is very hard to be to continue the investigation when heading to the legal path, because of course they have the potential to bribe the judges. Very rarely seen fraud cases that the perpetrator ended up in prison.
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