Topic: HOW TO protect yourself from Scammers - page 12. (Read 3984 times)
it's easier then you can imagine... just follow this 2 simply rules:
- no one will give you anything for free, not trust un-believable offers, you will get scammed.
- use always an escrow (best are here on forum where you have a completely track record of their past actions).
- no one will give you anything for free, not trust un-believable offers, you will get scammed.
- use always an escrow (best are here on forum where you have a completely track record of their past actions).
Choose the best project before doing an investment. It is so important to research first and check the updates if it is real or just a Scam ICO. We cannot identify it easily but by monitoring the project we can surely identify it.
Research. That's all you have to do to dodge a bullet. I mean, how good can a scammer can possibly be. Obviously a scammer isn't able to write a good whitepaper (we're talking about ICO scammers) so by reading the WP of the project, you can easily avoid getting scammed. Just think of it. If a scammer is intelligent enough to set up a believable whitepaper and a believable website and has come up to a good concept for an ICO, then he's just going to setup an actual ICO which can make him rich in the coming years without having to deceive people.
Funny because by just looking at the website especially the "about" part of their website, you can easily see if it's a legit ICO. If the advisers are some known advisors and they actually confirm that they are advising that ICO, then the chance of you getting scammed is lessened (but not non-existent). There are ICOs where the "about" photos are pictures of random people and there's one time when there was just a drawing of people lol.
Bottomline, scamming is just about details. The more convincing your deal is, the more people you can scam. On the other hand, people with such good knowledge will be doing legit things to make money and not just commit basic scams for money. They can do better. So we're left off with scammers that aren't really that good.
(Of course I'm talking about internet scammers. There are scammers IRL that are really intelligent and was able to pull-off one huge scam.)
You should definitely prioritize your safety. You should definitely choose safe access routes to the sites you enter. try to use two-factor authentication everywhere. Also, try not to keep any passwords you have saved online. At least you'll be safer with them.
To protect yourself from scammers you need to be careful and do not just trust the people you do not know or even know you because when money can easily make a sin.
Choose the best project before doing an investment. It is so important to research first and check the updates if it is real or just a Scam ICO. We cannot identify it easily but by monitoring the project we can surely identify it.
Research. That's all you have to do to dodge a bullet. I mean, how good can a scammer can possibly be. Obviously a scammer isn't able to write a good whitepaper (we're talking about ICO scammers) so by reading the WP of the project, you can easily avoid getting scammed. Just think of it. If a scammer is intelligent enough to set up a believable whitepaper and a believable website and has come up to a good concept for an ICO, then he's just going to setup an actual ICO which can make him rich in the coming years without having to deceive people.
Funny because by just looking at the website especially the "about" part of their website, you can easily see if it's a legit ICO. If the advisers are some known advisors and they actually confirm that they are advising that ICO, then the chance of you getting scammed is lessened (but not non-existent). There are ICOs where the "about" photos are pictures of random people and there's one time when there was just a drawing of people lol.
Bottomline, scamming is just about details. The more convincing your deal is, the more people you can scam. On the other hand, people with such good knowledge will be doing legit things to make money and not just commit basic scams for money. They can do better. So we're left off with scammers that aren't really that good.
(Of course I'm talking about internet scammers. There are scammers IRL that are really intelligent and was able to pull-off one huge scam.)
I once encountered a scammer last week and guess what, he failed. Thank you for the tips you have posted, I read it thoroughly, it really helps me, and i owe you
Before putting venture on any bitcoin investment sites be sure to google first and find some good reviews about it. Mostly scam sites offer too good to be true program and by that you should be thinking twice and doubt that promised profit is impossible to reach. Having on bitcoin is already a risked to begin with because bitcoin is unpredictable and also the same as risking on ICO / HYIP / PONZI. Just be ready of everything could happened, invest what you can afford to lose.
Choose the best project before doing an investment. It is so important to research first and check the updates if it is real or just a Scam ICO. We cannot identify it easily but by monitoring the project we can surely identify it.
Honestly, its not that easy to protect ourselves from scammer, because they are so many. But, what I usually do just to make sure that I joined to the campaign that is not possibly a scam. I read there project goal, visit their website, Facebook ,twitter and etc. and if I see that there are so many members and participants, i can say that there are lots of Bitcoiners who believe it and it is not a scam.
I also wanted to hear about others on how they protect their self from the scammers.
I also wanted to hear about others on how they protect their self from the scammers.
Scammers can be seen all around, and bitcoin is no exception to it. As each and every activity related to bitcoin takes place through the internet it is easy for the scammers to make people fall into the trap. To stay away from those scammers we need to analyze the particular project in a better way and one thing need to be considered is the luck. Some looks perfectly legit and at some point they scam us and by that situation we cannot do anything.
Be careful and read more about the project before you invest or join in any bounty. It is much important to read first and learn how the project really works.
First and foremost be very cautious. The fact that you can lose your money within seconds is alarming and as such don't give out your private keys and personal data. Beware of scammers. Don't trust anybody.
First of all, you must protect your money, which you already have. If you are not trading, transfer all your money from the exchange to the purse, use two-factor authentication, do not store passwords in an easily accessible place and do not tell anyone how much money you have.
Using wallet exchange untum to store assets is very risky, so use a wallet exchange when trading only. Additionally linking with emails and providing complicated passwords can improve your aet security. Last suggestion, avoid website phising. 
First of all, you must protect your money, which you already have. If you are not trading, transfer all your money from the exchange to the purse, use two-factor authentication, do not store passwords in an easily accessible place and do not tell anyone how much money you have.
In my years of experience with bitcoin there is only one effective way to avoid scammers. In joining ICO even if you do your research you will not know that they are scammers until the ICO is over. Even if how many preparations we do or make in the end we still end up being a victim to scammers. The best way to avoid scammers is to no invest your bitcoins. Just hold it in your wallet and hold it for a long time and when the price is right you can sell them and you will have a good profit.
I agree. That's my main way of determining scams too, but mind you, it's easier said than done. Scammers nowadays are also becoming witty and smart, they know how to hide their tracks, and you wouldn't even see it until the very end of a project. Therefore, I would say that even if you get scammed, you should accept that it's part of this market since there are only a few safeguards that are put up to actually protect users, the only one you can rely on is yourself.
Scammers are everywhere now especially for cryptocurrencies. Bitcoin and other coins have more enemies than friends. Developers and programmers are really taking advantage of the novice in this industry. The best way to guide against them is to keep your private key and wallet id and password from the public. With this you can be safe from scammers and fraud.
It is best to trust proven solutions in this industry. Already a long time ago there are hardware wallets. You can buy yourself such a purse and do not worry about your private key more than ever. 
I think that the best protection for hackers is your own care! Do not store money on the exchange, use double authentication and do not store your passwords in an easily accessible place.
There are many ways to protect ourselves from scammers but the major tips to avoid scammers are being knowledgeable in the world of cryptocurrency because if you know everything no one can fool you and you can detect or analyze what is true and not. Just be aware and dont make decisions without thinking.
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