Is it possible to avoid all scams? - page 3.

Valak

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Quote from: minurre on November 14, 2021, 03:48:54 AM

Do you think it is possible to completely get rid of scams?

Hello everybody. I think everyone who has ever been involved in cryptocurrency investments is interested in the question of how to protect themselves from scams and loss of money. Recently I learned about the CheckDot project, which creates a platform with which it will be possible to get an assessment of any project in the blockchain world. In theory, this way you can get rid of a lot of scams, but does it help?

What do you think, is it possible to somehow get rid of scams among crypto projects?

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letyouearn

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Scam is something that one can't avoid completely. Scammers are constantly inventing more and more new complicated ways to deceive people and the only way to withstand this attacks is making a good analysis and double check everything before you send money anywhere.

lalabotax

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Quote from: Lordshiva on January 19, 2022, 12:20:47 PM

Many novices will be deceived because they are inexperienced. But there are also many experienced people who are deceived, because people are greedy by nature,

So, it means both experienced and inexperienced people can be deceived, right? If they are greedy and don't do deep analysis, everyone can be deceived? Well, I can agree with you, commonly those people who got scammed because they are newcomers, but some experienced people can be deceived as well if they are careless and too greedy. Being careful in analyzing a crypto project before deciding to join, is one of the important keys to avoiding scammers.

Zanab247

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Yes, it possible for investors to avoid scams in the community by obeying the rules and regulations that guided cryptocurrencies. Once you buy coins when it is time to buy and you hold when it's time to hold for future profit making and you listen to the good news of the forum on the time, it will be difficult for such investors to be scam in the market.
Avoid short cut whenever you are trading your coins, so that you can achieve what professional investors are achieving in the community.

Congyang

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Quote from: maartenhaha on January 19, 2022, 12:28:01 PM

Quote from: Lordshiva on January 19, 2022, 12:20:47 PM

Many novices will be deceived because they are inexperienced. But there are also many experienced people who are deceived, because people are greedy by nature, they will confidently think that no one can deceive them, and some scammer projects will be very mature, so that people can't see the goodness of this project. Bad. Many people believe it and lose their money. We can only be more careful when investing and don't trust anyone lightly. Don't be too greedy.

Scammers will not do the same scam method for every project created, so they see every opportunity of the developing trend in crypto especially during the meme coin trend because scammers don't need to think about detailed concepts for scam project.

I think the method they use is the same, because if you look at the various kinds of tricks that are currently being made, most of them are the same and tend to be monotonous under the guise of a project with the lure of coin burn and fake GiveAway.
Indeed, there are still many ways they do it, but the method in their approach is quite intense and makes innocent and naive people deceived by what he says.

Xinarae*

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It is possible to avoid scams but investors need to be careful you cannot invest in any currency after greed. The market needs to be researched and moved forward check out the website that launched a new cryptocurrency support if candid commenters like crypto enthusiasts suddenly pop up on a few websites youtube videos and social media, those who speak negatively about the new cryptocurrency are brutally attacked consider a red flag and be cautious.

maartenhaha

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Quote from: Lordshiva on January 19, 2022, 12:20:47 PM

Many novices will be deceived because they are inexperienced. But there are also many experienced people who are deceived, because people are greedy by nature, they will confidently think that no one can deceive them, and some scammer projects will be very mature, so that people can't see the goodness of this project. Bad. Many people believe it and lose their money. We can only be more careful when investing and don't trust anyone lightly. Don't be too greedy.

Scammers will not do the same scam method for every project created, so they see every opportunity of the developing trend in crypto especially during the meme coin trend because scammers don't need to think about detailed concepts for scam project.

Lordshiva

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Many novices will be deceived because they are inexperienced. But there are also many experienced people who are deceived, because people are greedy by nature, they will confidently think that no one can deceive them, and some scammer projects will be very mature, so that people can't see the goodness of this project. Bad. Many people believe it and lose their money. We can only be more careful when investing and don't trust anyone lightly. Don't be too greedy.

wajik-tempe

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It's possible if we are as the investors and the crypto users do everything carefully and doing research before investing to any projects.
Evading scam is not hard if we are not greedy enough and quite doing research before doing anything because most of scam cases happened because the investors are interest in a project with super quick return and big returns, so that's why they are got scammed.

virasog

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Quote from: topbitcoin on January 19, 2022, 02:28:00 AM

Quote from: minurre on November 14, 2021, 03:48:54 AM

Do you think it is possible to completely get rid of scams?

What do you think, is it possible to somehow get rid of scams among crypto projects?

There are many kind of scam that can threat people, not only about coins but many kind of investment that attract people to gain profit in short time. It is possible to avoid it as long before we made research before jumped into it, simple thing maybe seek in this forum and see how people respond about the project but we must know who really criticize it or who only shill it.

If we are stop being greedy then we can be saved from a lot of crypto scams. It's our greedy nature that make us jump into unrealistic offers which are hard to believe. We should be careful in all such investments which give a very high ROI.
Getting feedback and learning about the company is the best thing you can do before investing in any project.

Ceyflix-Rez

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Before making a decision always do good research, ask questions from people on here then you might be saved from a deadly move, there is no way forward in crypto space than learning and learning over again

goldkingcoiner

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I believe that if you are truley careful enough and do all your research and never sway from your security and op-sec, you will still, at some point in your life be victim to a scam one way or another. Its just not in human nature to be perfectly protected from trickery. So if you ever fall in the scam trap of some scam artist, I would say not to despair or self-hate. It happens to everyone, I believe. Still, the person who is more careful tends to avoid scams much more often.

CrossroadBTC

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No it's not possible because we will always see new scamming tricks but to limit the chances of getting scammed one needs to avoid farming on lands thats never their to begin with, don't expect anything from something you never worked on, greed is the greatest scamming tool that humans find to hard to avoid.

judaspriest

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Quote from: shadowdio on January 19, 2022, 03:06:30 AM

I don't think if there is a platform that can detect a scam projects completely. We can not avoid all scams because there are some projects looks genuine you will convince to invest the project but turn scam in the following days, so it's really difficult to detect a scam project but still do research at least less chances of getting scams.

It's absolutely impossible, of course, to be able to detect a scam project, especially with the development of technology, they also have many ways so that they are not easily detected,
scam projects are really troubling and we need to be careful

shadowdio

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Zawardo

I don't think if there is a platform that can detect a scam projects completely. We can not avoid all scams because there are some projects looks genuine you will convince to invest the project but turn scam in the following days, so it's really difficult to detect a scam project but still do research at least less chances of getting scams.

topbitcoin

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Quote from: minurre on November 14, 2021, 03:48:54 AM

Do you think it is possible to completely get rid of scams?

What do you think, is it possible to somehow get rid of scams among crypto projects?

There are many kind of scam that can threat people, not only about coins but many kind of investment that attract people to gain profit in short time. It is possible to avoid it as long before we made research before jumped into it, simple thing maybe seek in this forum and see how people respond about the project but we must know who really criticize it or who only shill it.

Maestro75

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Quote from: minurre on November 14, 2021, 03:48:54 AM

What do you think, is it possible to somehow get rid of scams among crypto projects?

It is not going to be possible to eliminate scam crypto projects completely as far as what causes scam is still around, and that is man. This is not only the problem of cryptocurrency but every where even in religious gatherings, both mosques and churches. Man and his greed is everywhere causing havoc to life and making the innocent ones lose money. Scams in crypto projects are more pronounced because they involve alot of cash and most of the projects do not have a physical address they can be traced to.

Quote from: sayaya17 on January 18, 2022, 09:41:51 PM

I don't think it's just beginners who are exposed to scam projects, even people who have been around for years can be exposed to scam projects.

That is correct. It is not only beginners who get scammed but they are the most scammed. This is because they hardly know their left from the right.

sayaya17

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I don't think it's just beginners who are exposed to scam projects, even people who have been around for years can be exposed to scam projects. Because a lot of tricks created by developers who cheat. For that as long as we are in crypto, we will always be stalked by scams. I've also lost money several times, but that's the risk.

Fivestar4everMVP

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Quote from: minurre on November 14, 2021, 03:48:54 AM

Do you think it is possible to completely get rid of scams?

Hello everybody. I think everyone who has ever been involved in cryptocurrency investments is interested in the question of how to protect themselves from scams and loss of money. Recently I learned about the CheckDot project, which creates a platform with which it will be possible to get an assessment of any project in the blockchain world. In theory, this way you can get rid of a lot of scams, but does it help?

What do you think, is it possible to somehow get rid of scams among crypto projects?

As long as decentralization in crypto is concerned, it is difficult, Infact, it's impossible to get rid of scams amongst crypto projects, we can only try our best through research to discover those projects that are scam and avoid them as well as warn other to stay away from such projects.
The only way I feel we can atleast bring the level of scams amongst crypto projects very low is if there is a centralized body like a government that will be in charge of monitoring and approving crypto projects to be launched, this can be by giving the legit projects license to launch while the licenses are denied for the shady ones.

bhadz

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Quote from: Gajayana on January 18, 2022, 02:45:59 PM

I will personally answer, it is very difficult to avoid scam investments, especially in new projects that actually have potential. Because currently scammers also have a very clever strategy to trap investors. However, apart from that it doesn't scare me into investing even in a relatively new project because one of the keys to investing is to do it with money that is intended for investment. So, if the money is lost it will not have an impact on our finances.

I agree.
They're clever and making it look like they're trustworthy at the beginning and that's why spotting them these days is hard. But don't settle for it because there are still ways of finding them out especially if you already have the experience of being scammed. You'll get to see how they're working for their brand and if there's something that's truly suspicious, you'll get to see what they're up to. In that case of seeing a red flag and bad sign, you just have to avoid it then and don't push for it even if you're really seeing the potential with them. Because that could be hype at the first place that you've seen.

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