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Topic: how to protect with scams (Read 498 times)

member
Activity: 462
Merit: 23
April 04, 2018, 02:27:48 PM
#66
Hard to avoid a scam, we need to idendify them before we invest. Here is some tips.

3 Ways to Identify an ICO Scam:
1. The Developers Are Anonymous
The first and most clearest sign of an ICO scam is that the token’s developers are anonymous or otherwise-unknown.
2. The Token Does Not Have a Clear Use Case
Another sign of an ICO scam is that the developers are unable to clearly articulate a valid use case for the token.
3. The Whitepaper Sets Unrealistic Goals
If the whitepaper sets an unrealistic development schedule, it either means the developers are using deceptive tactics to attract token buyers or they lack the necessary experience to give a sensible scope to the project. Either way, this does not bode well for the success of the project and its corresponding token.

My suggestion to avoid a scam is read whitpaper thoroughly and carefully, go to their site to see who is the developer and check their background history.
Go to several site see how people comments and discribe about their project.

hope this help you and wish you best luck for future investment.
full member
Activity: 350
Merit: 100
April 04, 2018, 02:07:56 PM
#65
For protection from the scams, you should do researches about the team and you should read carefully the whitepaper. But unfortunately, these can not protect you %100 from the scams. In my opinion, it is getting harder to distinguish that the campaigns if they are bad or not.
full member
Activity: 490
Merit: 100
April 04, 2018, 02:06:52 PM
#64
I think that today there are no such opportunities for people to protect themselves from scammers, probably now you just need to be very attentive to such little things, I think this will be the most correct approach.
hero member
Activity: 835
Merit: 502
April 04, 2018, 02:04:41 PM
#63
to protect yourself from scammers is almost impossible, today scammers are very tempted and it is very difficult to identify an impostor
full member
Activity: 280
Merit: 100
April 04, 2018, 01:30:01 PM
#62
It's not easy to stay away from scam ICO project. Not only newbie can be scammed but also professional investors also can be scammed by ICO project Smiley). Maybe you've heard about Denaro ICO project, everyone thought that it's a legit one and very truthworthy that why there are a lot of investors invested in Denaro ICO project but after that all of them get scammed Smiley. Sometime it depend on your experience, skills and knowledge but sometime you need to be lucky Smiley
I really agree with your opinion, sometimes we are difficult to distinguish projeckt ico scam or not, usually it depends on luck, accuracy in predicting the ico and also experience as you mentioned
sr. member
Activity: 1092
Merit: 250
Hodlers Network
April 04, 2018, 01:04:12 PM
#61
invest only on good and solid project,
look at their team member, is this trusted or not, to know about that
just check their social media profile such as linkedin, twitter or others
also learn more about the project in all sides,
the last thing is invest wisely  Wink
full member
Activity: 882
Merit: 126
★777Coin.com★ Fun BTC Casino!
April 04, 2018, 01:03:06 PM
#60
Reading the whitepaper,researching about the project development team,bounty allocations,roadmap,even with the bounty managers we can get identify the scam projects.So make yourself better at evealuating the ICO projects is the only way to pretect from scams.
full member
Activity: 658
Merit: 100
April 04, 2018, 12:59:24 PM
#59
The number of blockchain projects, and therefore of the ICOs, has increased considerably in recent months, and with it also the danger of frauds. It is important to always analyze carefully each project and the quality of the team, it is also important that there are advisors, even if obviously you can never have a 100% security
full member
Activity: 199
Merit: 100
Presale Starting May 1st
April 04, 2018, 12:45:37 PM
#58
If we are smart enough to protect our money by gaining knowledge and making some investigations and asking people about that certain ICO or investment scheme then we won't be victimized.
legendary
Activity: 2114
Merit: 1150
https://bitcoincleanup.com/
April 04, 2018, 12:41:47 PM
#57
There's no 100% scam proof method except when you do not participate at all  Grin
Just keep arming yourself with knowledge (do your own research).
As you become more knowledgeable, the easier it is to spot scam projects.
newbie
Activity: 84
Merit: 0
April 04, 2018, 12:41:11 PM
#56
Each new project can be both good and fraudulent. Investors typically participate in several projects at the same time, to share their risks.
jr. member
Activity: 71
Merit: 3
April 04, 2018, 12:40:31 PM
#55
You have looking for the detail of the coin you wanna buy and invest your money there. You have check the background of the coin want to buy, many new coinwill be scam only in the short time, so you have be quiet off the coin want to you buy.

newbie
Activity: 132
Merit: 0
April 04, 2018, 12:35:02 PM
#54
every day market grooth well new coins / tokens/ new projects /every new teams have with   Smiley :)youngers with gerat fire persons this is preety good. Cool Cool Cool

but the same time scams/are comeing new hybird  Roll Eyes Roll Eyes ::)methods   / and we are facing many how to protect this/ .share what last you attend  :-\and how you protect..this is Grin Grin, usefull for newbies and others too
I think you have to first read the whitepaper and learn the project and then check the community
newbie
Activity: 42
Merit: 0
April 04, 2018, 12:24:34 PM
#53
Hi all,

What do think about Welltrado (www.welltrado.io)? I saw Celcius network already raised 30M usd, do you think Welltrado could raise more?
I would like to invest in this ICO, but I'd like to hear your opinions.

Thank you for your answers!
full member
Activity: 364
Merit: 110
SPOKKZ
April 04, 2018, 12:15:25 PM
#52
Now, there are a lot of projects every day that cheat people and just disappear with money. You need to be very careful and carefully choose a company for investment. I advise you to carefully review the project team, or there are no cheaters in it.
jr. member
Activity: 252
Merit: 1
April 04, 2018, 11:36:06 AM
#51
to begin with, there is a lot of data on the fool - that is, people are mentioned in the team who do not even know that they are involved in the ICO. Next, check the competence of those involved. Further realism of the idea. Next, check the white paper on how there just described idea, there is one water and common phrases. The most convenient way now is the rating from ICO trackers. At least this is the primary selection, which makes sense to pay attention to
full member
Activity: 714
Merit: 104
April 04, 2018, 10:41:28 AM
#50
If you want know seriously scam this project or not you can do some steps
1) Learn project idea and token rule in this project, token must be useful
2) Team: try find team on social media and ask about project
Or you can use simplest way, join to the scam chats and see what peoples think about selected by you project
newbie
Activity: 146
Merit: 0
April 04, 2018, 10:36:58 AM
#49
Technically,I kwow we know already how to protect ourself from scam and we know already what does this scam is all about and on how to protect ourself is still on knowledge,make some inquiry and research about the project that your in,orientation before you join such campaign well work also.scam is always there cause we are on great posibility as one of the victim of it but our knowledge is the only armor in protecting ourselves.Goodluck and God bless.
newbie
Activity: 132
Merit: 0
April 04, 2018, 10:24:47 AM
#48
every day market grooth well new coins / tokens/ new projects /every new teams have with   Smiley :)youngers with gerat fire persons this is preety good. Cool Cool Cool

but the same time scams/are comeing new hybird  Roll Eyes Roll Eyes ::)methods   / and we are facing many how to protect this/ .share what last you attend  :-\and how you protect..this is Grin Grin, usefull for newbies and others too
When you choose the ICOs you first have to read the whitepaper and then check the site and then to invest in them




just watch out the scams
member
Activity: 294
Merit: 14
April 04, 2018, 10:21:10 AM
#47
Protect yourself by not being so gullible. There are several scammers in this forum that take advantage of newbies. Learn how to read and apply what you read. Do not immediately plunge into something you are not sure of. Do your research regarding the offers, or if its an ICO, research on its team, scrutinize its whitepaper, and go to reliable sites like icorating or icobench etc to know the credibility of that ICO. You will lose money if you are gullible here. Always be cautious and ask feedbacks from other people.
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