Topic: How to recognize a scam (Read 426 times)
It is very difficult for us to know if the villain or the person is fraudulent or not and we will be able to know everything about him when working with him only, but we can avoid fraud by staying away from anything unknown and unreliable
However, I'm wondering why because there still a lot of people get scammed, I don't know if they listening to us or bothered to read any thread concerning about scamming.
Many of them (scam victims) aren't on bitcointalk so they may not be reading this threads, giveaway scams for example are mostly posted on youtube and twitter, users on btt get to see threads about them cause a member of this forum saw the scam, reported it so the post will be taken down by those apps and also posted here to warn other members when they visit those apps/site. But that being said, doesn't blot any blame off them, if they were more curious to check/search, they'd prolly even see many threads warning about cryptocurrency scams without being a registered user on the forum. 
Almost all of the things and a way of scamming have already posted above. And that all be enough to say if that is scam or not coz eventually, they are pretty obvious to look at compared to the legit one.
However, I'm wondering why because there still a lot of people get scammed, I don't know if they listening to us or bothered to read any thread concerning about scamming. Or most likely they never changed their mindset but completely just a fool person to think about quick returns, instant millionaire or whatever it is which makes them blind to see it was a scam and they are already been scammed.
However, I'm wondering why because there still a lot of people get scammed, I don't know if they listening to us or bothered to read any thread concerning about scamming. Or most likely they never changed their mindset but completely just a fool person to think about quick returns, instant millionaire or whatever it is which makes them blind to see it was a scam and they are already been scammed.
From my experience, many people are just to desperate.
They need money because of some urgent needs and they are under stres and can't think in normal way.
Such people are often victims because they "wants" to believe all this "big promises " from scammers.
Do not get blind of good offers. This is how the scammer works most of the time and that is their bait. If you will met someone offering you like this then you should start wondering.
Other way of scamming is all about technical like letting yo disclose important details of your account. So whenever you visit a link and ask for your important details like your wallet address, private keys and etc. then do not attempt to disclose it. The scammer will just be able to access your account after you disclose it to him/her.
Beware also of the fake sites. Do not forget to bookmarks sites you can access it easily.
Other way of scamming is all about technical like letting yo disclose important details of your account. So whenever you visit a link and ask for your important details like your wallet address, private keys and etc. then do not attempt to disclose it. The scammer will just be able to access your account after you disclose it to him/her.
Beware also of the fake sites. Do not forget to bookmarks sites you can access it easily.
Almost all of the things and a way of scamming have already posted above. And that all be enough to say if that is scam or not coz eventually, they are pretty obvious to look at compared to the legit one.
However, I'm wondering why because there still a lot of people get scammed, I don't know if they listening to us or bothered to read any thread concerning about scamming. Or most likely they never changed their mindset but completely just a fool person to think about quick returns, instant millionaire or whatever it is which makes them blind to see it was a scam and they are already been scammed.
However, I'm wondering why because there still a lot of people get scammed, I don't know if they listening to us or bothered to read any thread concerning about scamming. Or most likely they never changed their mindset but completely just a fool person to think about quick returns, instant millionaire or whatever it is which makes them blind to see it was a scam and they are already been scammed.
Hi guys, I wanted to seek advice on how to recognize scams and avoid them on this forum. How do I determine if something is trustworthy or not? By this I mean any kinds of offers, campaigns, or deals with other users.
They usually employ the same thing in ICO fake whitepaper fake team copying other projects on gambling sites they gave you huge money as bonus but you need to deposit first before you can withdraw the funds and after you made a deposit they are gone, you can check out the scam reports and see and learn how they scammed people.
Hi guys, I wanted to seek advice on how to recognize scams and avoid them on this forum. How do I determine if something is trustworthy or not? By this I mean any kinds of offers, campaigns, or deals with other users.
The most popular tactics from scammers are attractive offers, stay away from any too good to be true offers like giveaways and airdrops that ask or may ask you for deposits first, you need to do research if you are into new projects, most times some use case won't work out because they aren't needy in crypto space 
To be honest, its hard to identify whether the website is a scam or legit especially if you are a newbie in the world of crypto, there are many fake websites offering good return for your investments most of them are scam especially if they offer to double your money for only a few days.
I just want to share to you my experience way back last 2 months when I get scammed, I was scammed before to the investment website, they offer to double my money for only 24 hours, I waited for so many days but still, nothing happens, there are many websites like that, just remember that there is no legit website that will double your money for only a few days, that is literally scam, I have learned my lesson now.
I just want to share to you my experience way back last 2 months when I get scammed, I was scammed before to the investment website, they offer to double my money for only 24 hours, I waited for so many days but still, nothing happens, there are many websites like that, just remember that there is no legit website that will double your money for only a few days, that is literally scam, I have learned my lesson now.
How to recognize a scam easily?
If you see these lines on their promotion banner
1. I can double your money.
2. A small amount of investment.
3. It is secured.
Those are the common things that happen to the scamming platform and also this is the line why people got encouraged easily but still making research and effort to make knowledge is worth it than being dependent on others' opinions.
Indeed, that is the common information that you will see for some fake website, its hard to find the legit website, just invest in that website that has many users and well known by many people. If you see these lines on their promotion banner
1. I can double your money.
2. A small amount of investment.
3. It is secured.
Those are the common things that happen to the scamming platform and also this is the line why people got encouraged easily but still making research and effort to make knowledge is worth it than being dependent on others' opinions.
Personally, there are words from scam projects that will give a red light against their projects. Though these red lights often show but those investors won't see and reason with the reviews. Scammers still succeed in their defraud against investors; is the amount of lazyless we have with our investors. How possible will it be for your investment to double up? Sometimes triple up: don't be greedy with your hard earned money, scammers are ready to take your breath if given the chance to do so.
This kind of fraud also happens a lot. Promoting their initial users with cheap discount transactions, some even free. Then the user gives positive feedback. It will be used by them as bait to catch other users very easily and of course with larger transactions, when they get a lot of money, they will just disappear. Pretending to be hacked and having trouble is a classic reason they always use.
You'll see a few exchanges or casinos do this, where they'll provide a bonus upon deposit and then just prevent you from withdrawing.Honestly, though? I would much rather learn from being scammed for a small amount than to have never been scammed and to have never educated myself on preventing scams. Of course, it's possible for many people to avoid scams their entire life, but since they are dynamic and develop constantly as people learn to avoid them, I think it's better to familiarize yourself with the structure of a scam and then learn to overcome that. Learn the scammer mindset, and keep your money tight.
After all, any time you're not sending out money or downloading something external, the risk of losing money is pretty much nil.
Hi guys, I wanted to seek advice on how to recognize scams and avoid them on this forum. How do I determine if something is trustworthy or not? By this I mean any kinds of offers, campaigns, or deals with other users.
On their announcement thread check if there is a flag created for that announcement, check the trust feedback of the member who created that announcement, and also check the scam section if there are reports about a person or the project, that's the obvious sign another thing to look for is the whitepaper and the platform do check if the whitepaper is not a copy from an old and dead project so do the platform you need to dig deep on these two. if you find something wrong do post and ask people for feedbacks.
The easiest way to detect scams is:
1. Sites that want to give more profit without any effort.
2. More and more protection in terms of investment.
3. If you share new links.
4. Also, if you want the key or password of your wallet, we should always avoid these sites.
Indeed. The best way for you to know if it is a scam if it offers things that are too good to be true that you can earn a good profit without making too much effort. You can also know if a project is a scam if no one gives any good or positive reviews or feedback about its site or its project. You can also encounter some people who will DM you just for you to invest your money in them. 1. Sites that want to give more profit without any effort.
2. More and more protection in terms of investment.
3. If you share new links.
4. Also, if you want the key or password of your wallet, we should always avoid these sites.
The easiest way to detect scams is:
1. Sites that want to give more profit without any effort.
2. More and more protection in terms of investment.
3. If you share new links.
4. Also, if you want the key or password of your wallet, we should always avoid these sites.
1. Sites that want to give more profit without any effort.
2. More and more protection in terms of investment.
3. If you share new links.
4. Also, if you want the key or password of your wallet, we should always avoid these sites.
But these easy-to-spot scams aren't the only scams, there are also scams that look quite legit at the first glance. For example, there are exchange services that process smaller transactions without problem, and as the result they get real positive reviews - but then some unfortunate user makes a big transaction and the exchange scams them. Or take exit scams - when a legitimate business suddenly disappears with all the user's deposits. Or exchanges that can scam users by pretending to be hacked.
This kind of fraud also happens a lot. Promoting their initial users with cheap discount transactions, some even free. Then the user gives positive feedback. It will be used by them as bait to catch other users very easily and of course with larger transactions, when they get a lot of money, they will just disappear. Pretending to be hacked and having trouble is a classic reason they always use. 
IMHO, you can't really spot a scam so easily without someone getting scammed. That's because, in most cases, someone gets scammed for sure and then tells people not to fall for it. The reason why other still possibly fall for the exact same thing is because either nobody reports (due to many reasons) or that the reach to the audience is not that huge, so those unknown of such scams still fall for them. The "too good to be true" and "get rich quick" schemes definitely should be avoided because none of these will actually deliver anything to you and you're most likely to end up losing everything that you invest.
There are already a lot of example about justify any scam. All experienced users shared here.So you should now lock this topic to avoid further spam posts in this topic.You can find lock topic button at the bottom of left side in this page.
I do not think blocking this topic would be the right solution. Yes, there are many ways to determine, but we must remember that scammers do not standstill. Their actions are improved daily. Where we think we know how scammers will work, we may face completely new fraud.
Take at least witcher_sense post. After all, such advice was not higher.
Therefore, in the fight against scammers, all the tips are good. The more often and more people will participate in such discussions, the less likely there will be to scammers to fool gullible investors.
There is plethora of guides already regarding recognizing of scam of any kind, so it is better to google before investing or participating. Moreover, you probably should give up your desire of making free money with zero effort, you may end up with zero money in your wallet instead. I want to add just one convinient way to check if project you want to invest has been reported as scam or not. Before depositing or giving away your money anywhere, please check deposit address on https://scam-alert.io/. This website will tell you if any particular address was reported recently. When I found this way to report, I started reporting all malicious addresses I know and they were added there to warn investors. Interestingly enough, every time scammer address receives any funds, this is being announced on Twitter:
There are already a lot of example about justify any scam. All experienced users shared here.So you should now lock this topic to avoid further spam posts in this topic.You can find lock topic button at the bottom of left side in this page.
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To detect scam especially in this forum then you have to more active and have to read more (scam accusation, reputation section), you can achieve some way to find a scam. Some suggestions to you about how you stay safe from the scammer in this forum.
For trading in this forum:
1. Always see the trust score of any use when you want to trade with any user.
2. Avoid red trust user ( no excuse, just ignore them)
3. Always try to trade by using escrow
4. Don't trust them if anybody contacts you outside in the forum (telegram, twitter,Fb, etc) and says he is the bitcointalk user X. In this case, you just say him to contact through bitcointalk PM.
For Bounty project :
1. Try to read all information about the site.
2. Read the whitepaper and confirm that it's unique
3. Investigate about the team members and confirm they are real.
If you follow these maybe you will not be scammed and after some days/months you will know more how the forum work. Best of Luck
For trading in this forum:
1. Always see the trust score of any use when you want to trade with any user.
2. Avoid red trust user ( no excuse, just ignore them)
3. Always try to trade by using escrow
4. Don't trust them if anybody contacts you outside in the forum (telegram, twitter,Fb, etc) and says he is the bitcointalk user X. In this case, you just say him to contact through bitcointalk PM.
For Bounty project :
1. Try to read all information about the site.
2. Read the whitepaper and confirm that it's unique
3. Investigate about the team members and confirm they are real.
If you follow these maybe you will not be scammed and after some days/months you will know more how the forum work. Best of Luck
There are a lot of detectives on this forum who take apart the project into small details, check the team, technical document, site creation time, and many other little things. Therefore, if you regularly visit the topic “Scam Accusations” without even having your own experience in detecting fraudsters, you will be warned to some extent.
And if you want to protect yourself from scammers who engage in financial transactions, a trust system can help here. Always look at the reviews of people who have made any transactions with this person.
But in fact, neither one nor the other will help you to the full, since an independent understanding of how not to fall into the trap of scammers is much more important. Your experience will become your assistant over time. Try to study and read as much as possible in order to find out all kinds of ways to recognize fraud on the Internet.
And if you want to protect yourself from scammers who engage in financial transactions, a trust system can help here. Always look at the reviews of people who have made any transactions with this person.
But in fact, neither one nor the other will help you to the full, since an independent understanding of how not to fall into the trap of scammers is much more important. Your experience will become your assistant over time. Try to study and read as much as possible in order to find out all kinds of ways to recognize fraud on the Internet.
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