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Topic: How would we know which cryptocurrency would be Scam? - page 9. (Read 3150 times)

member
Activity: 280
Merit: 10
The only way we can differentiate legit cryptocurrency from a scam is by reading more about the project and the integrity of the team behind such project.Because it is very painful to waste your time and other resources on a project that is not paying.We should always do a background check well before trusting a particular coin.
jr. member
Activity: 266
Merit: 2
The Premier Digital Asset Management Ecosystem
Most currencies lose value with time, sometimes because there was no working product and long term target.
Research on the project, the team, the process.
You are looking for a notable team, with a working product and commitments.
newbie
Activity: 99
Merit: 0
If you make an investment make sure you have studied the project you are going to invest.
Do not let you make a mistake in choosing the project.
Make sure the project has a good concept, consisting of a team of professionals and experienced in Cryptocurrency,
and make sure the project has reached a soft cap.
I think if you have confirmed these things then you will avoid the scam.
newbie
Activity: 97
Merit: 0
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?
We can place anywhere our coins, what we need to learn is how many investors who have the coin if the coin is sold a lot of coins is certainly not a scam, but if investors a little we need to be careful, if we lose scam but if not a scam you are lucky because in the future it will have a good value.
hopefully help a little.
full member
Activity: 420
Merit: 100
Crypto currencies cannot be scams, but projects can. You have to learn carefully about them and look at their content just to make sure there is a good stable base to start the project. Of course you may make mistakes and there are no guarantees that everything will go ok.
member
Activity: 602
Merit: 15
To begin with, this is practically not real. But if you are going to invest, it's best to invest in a coin from the Top 10 Coinmarketcup.com
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
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?
Just be honest. I personally find it difficult to determine which crypto is scam or not. Because usually if at the beginning, of course, all can promise and do not think it eventually will be a scam.

In the beginning, everything seems to be perfect because we cannot find them they are the scam, scam ICO companies will do same marketing as good ICO companies. This makes to believe them more and people start investing more into it and finally until they scam us.

Yes you are right in the beginning you don't know anything about this but if you have experience in a bit to this then you have a clarity about which is the best and which is the worst then automatically you will be decided this will be a scam this is the best way to get experience in and make and Investment.
sr. member
Activity: 672
Merit: 265
have you heard about the sparkster yet?
Go and reserch
This is one of the best ico in this year
It has bounty program also
Check it , join it! Now!!
http://sparkster.me/try?r=8AqAIaCO


This crap for a start, never believe any posts like this one with his poor mans referral link
newbie
Activity: 47
Merit: 0
have you heard about the sparkster yet?
Go and reserch
This is one of the best ico in this year
It has bounty program also
Check it , join it! Now!!
http://sparkster.me/try?r=8AqAIaCO
full member
Activity: 1134
Merit: 103
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?
Just be honest. I personally find it difficult to determine which crypto is scam or not. Because usually if at the beginning, of course, all can promise and do not think it eventually will be a scam.

In the beginning, everything seems to be perfect because we cannot find them they are the scam, scam ICO companies will do same marketing as good ICO companies. This makes to believe them more and people start investing more into it and finally until they scam us.
full member
Activity: 455
Merit: 102
This is a good question I think. And everybody should research well before investing their money in ICO projects. The best way is to read white paper as well as research well about the company reputation. I did for SciDex. Looks like a good one. What's your opinion?
I don’t think so that by just studying about any of the crypto currency will then help you in knowing that whether any of the crypto currency is scam or not. To know this thing, you must go for investing your money into any of the crypto currency and then, once you will deal with that crypto coin, you will get to know whether it is scam or not. It is better to invest only in reputed crypto coins to avoid any such thing.
newbie
Activity: 81
Merit: 0
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?
Just be honest. I personally find it difficult to determine which crypto is scam or not. Because usually if at the beginning, of course, all can promise and do not think it eventually will be a scam.

Idea isn't bad though. And the argument is right in almost all cases. But not all of the ICOs are scam. Need to research well before investing money as I already said. Research company white paper and who are working on this project. I found SciDex is legit and pure with lots of possibilities to grow. Thank you SciDex.
member
Activity: 448
Merit: 10
A Blockchain Mobile Operator With Token Rewards
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?
Just be honest. I personally find it difficult to determine which crypto is scam or not. Because usually if at the beginning, of course, all can promise and do not think it eventually will be a scam.
newbie
Activity: 20
Merit: 0
To evaluate a first project we need to evaluate the project roadmap. then to the project team and the idea and development of the project
hero member
Activity: 826
Merit: 502
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 they are added to some exchanges and they are added to coinmarketcap then it is hard to find scam among them if there will be any scam. For precaution I will sugges to invest only in those coins which have the highest volume of trade or which are on the top of the list on coinmarketcap. It will secure you from potential lose.

It is also advise from me that do not invest in those coins which are not on coinmarketcap yet and which do not have and stronger business.
newbie
Activity: 229
Merit: 0
Unluckily. I think there are not any specific solutions to be able to know a ico project is there a scam or not? Because, it is organized more sophisticated. In my opinion, it should take time to observe the preparation process of sales, marketing, community support, etc.
sr. member
Activity: 672
Merit: 253
CryptoTalk.Org - Get Paid for every Post!
I think detailed research is very important to know the newly emerging crypto types that could have just ended in deception. and a few things to do is look at the team that developed the crypto type that will be launched because of the success of the crypto to be launched and one of the things that can influence it is from the great team that developed the crypto.
newbie
Activity: 81
Merit: 0
This is a good question I think. And everybody should research well before investing their money in ICO projects. The best way is to read white paper as well as research well about the company reputation. I did for SciDex. Looks like a good one. What's your opinion?
sr. member
Activity: 658
Merit: 274
Wish for the rain? Then deal with the mud too.
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?

Well, the only thing you can do beside asking this kind of stuff is researching those crypto credibility where you will be involve with. Lots of crypto nowadays exist it is pretty hard to distinguish which is real and which is fake. Beside of the crypto credibility you may check the credibility of the manager who runs it, if in this forum look below the manager's name if there is a red trust probably the manager had been involve on some stuffs that made its trust red, probably the manager is a past scammer or whatsoever well, that is all.
member
Activity: 192
Merit: 11
Many ICO's are fraudulent! And many crypto-currencies have no practical application value!

Cryptocurrencies that have no value will end up returning to zero!

Investment must choose such as BTC, ETH cryptocurrency!
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