Topic: HOW TO protect yourself from Scammers - page 5. (Read 4002 times)
this is just an anticipation that does not guarantee whether in the end the ico is a scam or not. namely by looking at several aspects of ico, such as whitepapers, investors, the development team, manager bounty, and the ico rating.
A great work with this! Yes we need to become more aggressive ans aware when it come to joining and participating in ICO and bounty campaign. Because the time, money and hardwork we spent in participating become worthless if we are joined in scam Ico. So it is better to become knowledgeable in choosing bounty campaign and uci projects to avoid being scam.
This page really helps me a lot on how to avoid myself from scammers.The info are worth reading .
Scammers are everywhere here so lets be careful and do believe easily .Do a research and educate yourself for the platform and projects you joining.
Scammers are everywhere here so lets be careful and do believe easily .Do a research and educate yourself for the platform and projects you joining.
The best protection for you is knowledge. Only if you have more knowledge of this market will you protect you from fraud.
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.
That's right. I think although it was useful to keep those above-stated means of protecting yourself from scammers, the best way to actually do it is to be disciplined and aware enough of what to avoid and stay away from. As this market is a big profit-giver, then it would be subjected to schemes and scammer attacks just for them to get some of the profit of people who won't be careful enough to guard their investments. Therefore, one should always be vigilant with every move he makes to make sure that before doing any act, he is secured.
First don't be greedy yourself , scammer will offer lucrative deal so as to strike , u need to be watchful and caution greed , before it caution you
Best of all - think with a cold head. Learn well a coin or project in which you want to invest. I made many mistakes before I realized something. And most importantly, I realized - I'm only learning from my mistakes:( but sometimes no:(
Another way to protect yourself from scammers is through research, do asking to other people and make everything they said as a guide before investing to a particular project.
Since Bitcoin became known in the market.
So many scammers became abusive using its name for scamming.
Most especially to the newbies.
Others use it for onpal scheme that leads only to Ponzi Scheme.
Many people became a victim of it including me when I don't really have much knowledge about bitcoin.
That's why other people says bitcoin is a scam
Since they don't know much about bitcoin.
Anyway, thanks for those infos to protect ourselves from scammers. 👍
So many scammers became abusive using its name for scamming.
Most especially to the newbies.
Others use it for onpal scheme that leads only to Ponzi Scheme.
Many people became a victim of it including me when I don't really have much knowledge about bitcoin.
That's why other people says bitcoin is a scam
Since they don't know much about bitcoin.
Anyway, thanks for those infos to protect ourselves from scammers. 👍
With cryptocurrency quite often it is possible to find the term scammers. People easily get trapped by scammers if the users were new to the cryptocurrency network. To get away from scammers people always need a strong connection to the cryptocurrency usage and a continued learning without which it is impossible to keep us secure from scammers.
I was making a list for my team on how to stay away from Crypto scammers, and thought I would just share it here as well.
Here are the type of Crypto scammers that I have encountered
Type 1. ICO as a SCAM - (More info contributed by: tosindesign)
There are ICOs that are only designed to get your money. Once the ICO is over then the pages are taken off the net and the makers of the ICO disappear with the money. The last case we reported was LoopX, but this is not the only case.
Type 3. Social media scammers - Would post like "I will send you 50 ETH if you send me 5"
How to protect yourself: This is an easy one, they all are scammers. Dont even respond.
Here are the type of Crypto scammers that I have encountered
Type 1. ICO as a SCAM - (More info contributed by: tosindesign)
There are ICOs that are only designed to get your money. Once the ICO is over then the pages are taken off the net and the makers of the ICO disappear with the money. The last case we reported was LoopX, but this is not the only case.
Type 3. Social media scammers - Would post like "I will send you 50 ETH if you send me 5"
How to protect yourself: This is an easy one, they all are scammers. Dont even respond.
That is really true. I have had an encounter with this two points you just raised. Scammers and Hackers are really smart. My first ICO campaign had not ended yet I received a message that I have been rewarded my token and to claim that, I need to send my private key. Thanks to the one who introduced me to blockchain. I almost made a fool out of myself. These are really good points to note especially when you are new to crypto. Its quite unfortunate that ICO managers too do not keep their promises and the keep monetizing our personal data to scammers.
Best of all - think with a cold head. Learn well a coin or project in which you want to invest. I made many mistakes before I realized something. And most importantly, I realized - I'm only learning from my mistakes:( but sometimes no:(
There are many scam ICO schemes that pretend to be best to invest in it and ask us by giving good offers.Anybody even an experienced man is not sure that the ICO is real.It only declares truthful when the scheme is over.The best way to protect from ponzi schemes is to stay away from schemes that give too much good offers.
That is correct. Only at the time of listing it will be clear whether you will end up with a profit or not. I have seen a lot of very good ICOs failing at the time of listing. It is tragic, actually.
I can protect it by for not talking on strangers in social media or other website. And protect my wallet using hardware. And you need to be knowledgeable
In my opinion to avoid scammers never giving anything. Don't share your actual social media account with random people, save your email address for yourself and if you have to use it make sure to have an email burner. Is that a burner? Emails are not necessarily made for every forum and project. Only emails that don't contain your personal data and that you don't use for online shopping, banking, and so on.
You must first realize what they want from you. In the end it's always your money, while in the process they may want some personal data, telephone numbers, whatever they can enter.
There are many scam ICO schemes that pretend to be best to invest in it and ask us by giving good offers.Anybody even an experienced man is not sure that the ICO is real.It only declares truthful when the scheme is over.The best way to protect from ponzi schemes is to stay away from schemes that give too much good offers.
That is correct. Only at the time of listing it will be clear whether you will end up with a profit or not. I have seen a lot of very good ICOs failing at the time of listing. It is tragic, actually.
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.
Yes it is true, it is still better to hodl and wait for the price of bitcoin to go up. Indeed, we cannot avoid the scammers; however, we can control our investment and by doing so we wouldn`t be able to provide them money. Thus, strategic concept is focus on our dealings. Focus means be contented and based on what is the objectives of entering into investments. Moreover, this info is very helpful...
Further, investment in other cryptos have an advantages and disadvantages; thus, we would not discourage other investors because who knows there will be other cryptos that will help the community - by means of investment, trading, technology, and individual profitability. Further, it is still good to be diversify. All of us have common grounds and that is to earn more profits. Thus, it is really a risk if we fall on preys but crypto world is risky, a notion all of knew.
There are many scam ICO schemes that pretend to be best to invest in it and ask us by giving good offers.Anybody even an experienced man is not sure that the ICO is real.It only declares truthful when the scheme is over.The best way to protect from ponzi schemes is to stay away from schemes that give too much good offers.
I've started entering crypto in 2017, so far I did not encounter any scammer, I suggest that always be careful in any transactions.
keep it safe your private key dont open click link if you think there's a malicious content.. Scammer are the worst internet entrepreneurs night mare, so please be careful
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