Topic: How to spot a Scams - page 7. (Read 11048 times)
It's a good notion. But it will be better if you briefly explain how its gonna eliminate and destroy ICO scam projects. So that we can we can gain trust on it and join in there.
This is really true that detecting a scam coin during the ICO stage is very difficult. There is no hard and fast rule for identifying such coin. Try to invest in the reputed and reliable coin like bitcoin if you are new in this market.
It’s so hard to know that the ICO are scams. Unless if you’ve been a victim before. Have you heard about Myshield the first decentralized Anti-Scam platform that will definitely help us eliminate and destroy those Scams in Crypto industry. If not now then when? So join the community now. t.me/MyShield_TM
Myshield is good project that can help minimize those fake projects whose goal is to scam people in the entire crypto. I'm hoping that this will be a success in the future to conbat those scammers.
Before find out ICO scam you need to study their WP and also check their team. Because mesh ICO create a fake team. If you understand this WP and team is not true then ignore this ICO project.
There is no rule of thumb for detecting scam coin at the first time. This will require experience and expertise of the investors to understand this. Most probably try to avoid new project if you’re new in this market.
I think many scams have one thing in common, that is, their white papers are plagiarized, because scamers can't write their own white papers, and they don't bother to take the time to write a complete and feasible white paper.
But i think there are some scammers also that has a complete white papers in their ICO. Anyone can make their own whitepaper if they want to look like a legit ICO. I am a victim of that also. I thought it was real since it has a whitepaper but unfortunately NOT.
First of all, if someone contacts you or if you come across any posts that tells you to send crypto in exchange you will get double the amount, never fall for it. Never go for any posts which tells you to disclose personal information or to give identification of the wallets. These are all traits of scammers.
Although MyShield is useful for the crypto community, it does not help to avoid scammers by 100%.
Hopefully Myshield wouldn't prove to be scam itself. Recently, I have seen so many ICOs to run away with the investors' money that I am increasingly losing my trust on these ICO projects. But, it is true that we need some technology/project to help us identify these scams as it is an unregulated space and law enforcers can do nothing to help us. Hopefull, Myshield will live up to expectation of the community in this regard.
I think many scams have one thing in common, that is, their white papers are plagiarized, because scamers can't write their own white papers, and they don't bother to take the time to write a complete and feasible white paper.
Myshield is promising to help the users from falling for phishing websites, online counterfeit sales, and other types of online scams. Hopefully, they will be succesful to implement their security protocol properly which is badly needed for the ICO market right now as the recent rate of scammy and fraudulent ICOs have increased a lot.
Such projects were highly required by the crypto community after the recent reports of increasing scams in 2018 which are mostly done by fake ICOs. Hopefully, Myshield will be able to identify all these scam ICOs. They currently have a really good team and promising roadmap. I just wish that, no fraudulent ICO can get past their protocol that they are promising right now.
It is very sad that nothing could 100% destroy the scams! Spotting a scam is very tough than ever. Though Myshiled is pretty good one, but still don’t know whether it will be able to vanish all the scams or not. Let’s see what Myshiled can do to spot and destroy the scams.
It’s so hard to know that the ICO are scams. Unless if you’ve been a victim before. Have you heard about Myshield the first decentralized Anti-Scam platform that will definitely help us eliminate and destroy those Scams in Crypto industry. If not now then when? So join the community now. t.me/MyShield_TM
In fact, it is impossible to determine which of the projects is fraud, and which is not. It's like buying equipment in a store can still break down in a month. What you offer is not bad, but you always need to rely on your strength. It’s so hard to know that the ICO are scams. Unless if you’ve been a victim before. Have you heard about Myshield the first decentralized Anti-Scam platform that will definitely help us eliminate and destroy those Scams in Crypto industry. If not now then when? So join the community now. t.me/MyShield_TM
This is really a helpful group. There are a lot of members and I have been involved for a long time. When I participate in some projects, I inform people and people will help me test the credibility of the project.Everything is great and thanks to the creator of this group. Really very useful.
I think it's hard to define whether a project is a scam. 
Because even if the project is in active development early on, it can still be a scam.
Because even if the project is in active development early on, it can still be a scam.
Indeed most of the ICO project scam that could not be predicted at the outset. Then one of the best ways is we should be vigilant. By choosing the best project, see all sorts of criteria the project best. If match then there is no harm we follow the project.
It’s so hard to know that the ICO are scams. Unless if you’ve been a victim before.
Yes it's hard but I don't think that we need to be victim to identify a scam ICO. Learning from others may help us identify a scam project.Have you heard about Myshield the first decentralized Anti-Scam platform that will definitely help us eliminate and destroy those Scams in Crypto industry. If not now then when? So join the community now. t.me/MyShield_TM
I have not heard about myshield ICO but there was similar project that will prevent scam ICOs. It was DESCROW project, ICO was held last year. Buthad not raised much money. But still they promised to complete the project. It’s so hard to know that the ICO are scams. Unless if you’ve been a victim before. Have you heard about Myshield the first decentralized Anti-Scam platform that will definitely help us eliminate and destroy those Scams in Crypto industry. If not now then when? So join the community now. t.me/MyShield_TM
I think they will still be able to adapt. There are no many security projects,I hope the community will be successful. We need this type of community that protect us from scammers by being aware all the time
I really hope that the moment will come that scammers will lose the opportunity to create new projects. There are no many security projects, that's why I'm always happy about a new security project that makes life more difficult for scammers.
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