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Topic: How would we know which cryptocurrency would be Scam? - page 17. (Read 3117 times)

member
Activity: 168
Merit: 10
In particular, forms that ask for the same information as your wallet address and private key on your google form are strictly fraudulent.
legendary
Activity: 1512
Merit: 1041
Transparency, decentralization, has been alluded to by the cryptocurrency carrier project. These two things must be a benchmark. function, of course, so that the public can see, and provide an assessment of the feasibility, security, good prospects for the future or not, and know the typical cryptocurrency offered.

so in general, by knowing the character of how the new project cryptocurrency, is the most appropriate thing to be able to see how to ensure crypto or not.
I don’t think it is easy to tell which cryptocurrency will end being a scam or which one is the best. All I do is invest in cryptocurrencies that has reputation and not the new ones without reputation. I know that the new ones may turn out to be a success tomorrow,  but I don’t care,  I’d rather invest when it's late and safe.

Investing into multiple coins with little amount into them will be some what a better way to safe guard us from not losing all the money at once and at the same time, we will not miss any good project too.
member
Activity: 1302
Merit: 25
Check if the volume is high enough and if the team is active. If they are releasing new roadmaps, partnerships and newer versions of wallets then they are very serious to make their project successful. If they don't have all those things then it can be considered as a scam.

But sometimes at the ico level, you can't really know their genuity. They flag off with high hopes but at the time of being listed in an exchange, they die down. Meaning they made enough of their money and never bordered to continue.

Basically, I think you can know a good coin when they have their own separate wallet be it web or separate blockchain. Also when in exchange, you observe an addition of coin in the max supply - you just know something is fishy. For example, we all know bitcoin has 21million as max supply. So, any time you observe an additional coin to that, you can begin to look for an exit door.
full member
Activity: 476
Merit: 100
Check if the volume is high enough and if the team is active. If they are releasing new roadmaps, partnerships and newer versions of wallets then they are very serious to make their project successful. If they don't have all those things then it can be considered as a scam.
hero member
Activity: 826
Merit: 529
As of now there are 1500+ cryptocurrency exists in the world.
Many dead many rising and many has to come.
So how can i know the currency  ,where i am putting my money is not a part of scam?
Or is there any other way so we can check about respected crypto might be it'll work?

It's really difficult to make sure which cryptocurrency could be a scam. You have to go through very attentively of every cryptocurrency's whitepaper. Also, their team combination would be a symptom regarding this issue. So that if you really want to invest your money then you have to select some of the top currency like Bitcoin, Ethereum, Bitcoin cash, Bitcoin gold, Litecoin and so on.

I think over experiment would cause a matter of disaster in this platform. So that you have to stay with recognised and popular cryptocurrency regarding investment and saving. that's why Bitcoin and Litecoin would be the best choice for making an investment.
member
Activity: 252
Merit: 12
It so hard to find which cryptocurrency is Scam, but for me if the crypto have many discount gave and give-away that's sign of Scam. For you not to be Scam, I think you should search about the crypo you want to invest or you should just invest in the Top10 crypto in the world.
sr. member
Activity: 840
Merit: 254
As of now there are 1500+ cryptocurrency exists in the world.
Many dead many rising and many has to come.
So how can i know the currency  ,where i am putting my money is not a part of scam?
Or is there any other way so we can check about respected crypto might be it'll work?
if you want to play it safe in digital currency,
is a bitcoin that has a great chance to make a profit and not a SCAM.
but if you want to gain multiple benefits,
look for a promising project because there can be very visible if the project is potentially a scam
Bitcoin is the safest bet that is true and with the current price this seems like the perfect opportunity to enter the market but at the same time if you are a true investor then that means we are always looking for opportunities to make the most money in the shortest amount of time, so the best strategy is to invest some of your money in bitcoin and the rest in altcoins and the proportion will depend in the amount of risk you want to take.
sr. member
Activity: 1400
Merit: 269
There are some crypto currency that are made to scam people in order to make profit so they make it crowd funded and when they reach their desire market cap it turns into a scam. But you can check if a project is legitimate by doing some researching checking they're development team, White paper, if the token can be merchandise and has good technology to it.
hero member
Activity: 2842
Merit: 625
DGbet.fun - Crypto Sportsbook
No one will ever know of a certain ICO if it is a scammer or a true ICO. But for me a specific ICO is real if it has a website and a Whitepaper and has a roadmap. That is the thing I consider to verify if this is not a scam.
Looking at the white paper and road map will not help to find out if the ICO is just a scam and doesn't have intention to move forward with what they are planning.

The only way to know if a project is a scam through this
Detecting early will become possible only if a crypto currency is coming from a known team of scammers.
Scammers will be scammers and if they are done with their past scam coin, they will generate a new one to scam more money.
legendary
Activity: 1176
Merit: 1024
nobody know early altcoin project will be successfully or being an scam altcoin but you can minimize the risk with do some research regarding upcoming altcoin project but it will not ensure you will get decent answers however you can check the feedback from this forum to determine the particular coin will scam or not and i think many people are willing to answers it
Detecting early will become possible only if a crypto currency is coming from a known team of scammers. Other than that there would be no significant methods to find out which coin will be successful and which one may go scam. That is the reason many people are afraid to invest with new projects.

But, when a new project is coming up with strong concepts and backed with a good team then we can freely go for investing with them. Still, anything may change over the course of time so we need to invest only what we can afford on the event of losing.

I do always ask for the opinion from my group of friends. Only based on their suggestion I do choose ICOs. So far, they are all good with their predictions which helped me making some decent returns out of my investments.
legendary
Activity: 1652
Merit: 1000
nobody know early altcoin project will be successfully or being an scam altcoin but you can minimize the risk with do some research regarding upcoming altcoin project but it will not ensure you will get decent answers however you can check the feedback from this forum to determine the particular coin will scam or not and i think many people are willing to answers it
full member
Activity: 280
Merit: 101
Blockchain with a Purpose
I am new to cryptocurrency and I have the same problem of knowing which ICo to buy or which forms to fill for Airdrops
No one will ever know of a certain ICO if it is a scammer or a true ICO. But for me a specific ICO is real if it has a website and a Whitepaper and has a roadmap. That is the thing I consider to verify if this is not a scam.
sr. member
Activity: 280
Merit: 250
Transparency, decentralization, has been alluded to by the cryptocurrency carrier project. These two things must be a benchmark. function, of course, so that the public can see, and provide an assessment of the feasibility, security, good prospects for the future or not, and know the typical cryptocurrency offered.

so in general, by knowing the character of how the new project cryptocurrency, is the most appropriate thing to be able to see how to ensure crypto or not.
hero member
Activity: 1092
Merit: 501
I am new to cryptocurrency and I have the same problem of knowing which ICo to buy or which forms to fill for Airdrops
Yes, this is a very difficult issue. Since the cryptocurrency market was born, analysts have identified and judged that investment is fragile and unstable. However, this is a great opportunity and potential. Create the interest of investors. That creates scam threats on the cryptocurrency market. ICOs are difficult to probe and oversee in the cryptocurrency market. In addition, some issues of hacker attacks also indirectly cause serious consequences for cryptocurrency.

Scammers are everywhere especially when it comes to that of the electronic world and the world that is there on internet. Since crypto currencies do need to have an internet, so they are more exposed to all the scammers and there are people who are trying out different sort of techniques in order to become the owner of the coins which are actually od someone else. All of us definitely need to be well aware of such kind of people in order to keep our bitcoins safe.
hero member
Activity: 1400
Merit: 536
As of now there are 1500+ cryptocurrency exists in the world.
Many dead many rising and many has to come.
So how can i know the currency  ,where i am putting my money is not a part of scam?
Or is there any other way so we can check about respected crypto might be it'll work?
Too much crypto money is not a bad thing, but over time the non-original crypto money will decrease. The crypto money, which is the same as the one, does not give the user anything, the similar half of the 1,500 crypto money is similar.
hero member
Activity: 2520
Merit: 568
Payment Gateway Allows Recurring Payments
If find People buy have bonus!i think like this Almost is not real good coin
Those bonuses are way to attract more investors to buy and join the ICO. Legit ones does have those bonuses and also a fake one will offer the same thing.
For me, I think the whitepaper is the best place to check if the company is really something that is valuable it really true to its promise. Scam are just promising high return and it will drop hard for sure.
Whitepaper is still not enough to know if an ICO is scam. But there are some hints when you have read everything on whitepaper still its hard to identify if a coin is just a scam but with the help of the concerned citizen in the community, we can bust them out.
jr. member
Activity: 87
Merit: 1
Helli everybody
If find People buy have bonus!i think like this Almost is not real good coin
hero member
Activity: 2618
Merit: 582
Leading Crypto Sports Betting & Casino Platform
I am new to cryptocurrency and I have the same problem of knowing which ICo to buy or which forms to fill for Airdrops
In the world of crypto currency, there are number of people who are doing scamming and are getting the money from others by trying different kind of schemes.

The only thing which can help you to stay away from such kind of frauds and schemes in order to save our money is none other than that of having some good amount of knowledge about the things. If you will be a learned man, then things will be not much difficult for you.
full member
Activity: 404
Merit: 105
As of now there are 1500+ cryptocurrency exists in the world.
Many dead many rising and many has to come.
So how can i know the currency  ,where i am putting my money is not a part of scam?
Or is there any other way so we can check about respected crypto might be it'll work?

Stick with the coin that have a good active and experienced team. Mostly those are coins last long and always a succesful coin for a long term. Just dont buy if you think that the offer is too high and too good to be true, mostly those are characteristic of scam coin. And lastly avoid ponzi scheme like coin
member
Activity: 280
Merit: 10
I am new to cryptocurrency and I have the same problem of knowing which ICo to buy or which forms to fill for Airdrops
Yes, this is a very difficult issue. Since the cryptocurrency market was born, analysts have identified and judged that investment is fragile and unstable. However, this is a great opportunity and potential. Create the interest of investors. That creates scam threats on the cryptocurrency market. ICOs are difficult to probe and oversee in the cryptocurrency market. In addition, some issues of hacker attacks also indirectly cause serious consequences for cryptocurrency.
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