Topic: Keep these things in mind when you are into crypto world - page 12. (Read 1534 times)
You should change thread title to Keep these things in mind when you are into ICO world. I was expecting general statements and advices in connection to the crypto world, but once opened your thread realized it is only in relation to ICOs. However, there are surely many unaware investors looking for a quick money and that is why they are falling into traps of shady ICOs. It is finally their greed, but as an investor you should definitely spend some time to do your research first.
This is why many are also taking advantage of the telegram groups by displaying themselves and disguising as the admin's, there's no way to stop this but to give public awareness.
There are also scammers on twitter.
Just like by visiting those announcements from the developers, there are these like giveaways that are being held through that.
When there is some instructions that dictates to send you xx amount of eth or bitcoin to an address, that's an obvious scam.
There are many scammers like that and they are everywhere so the only thing we can do to protect ourselves is to not be so dumb, scammers are very smart somehow they are able to get the list of everyone that invested in an ico and then they send them malicious emails trying to get their private keys and unfortunately many people fall for it, so people need to familiarize themselves with the current scams so they can avoid it.There are also scammers on twitter.
Just like by visiting those announcements from the developers, there are these like giveaways that are being held through that.
When there is some instructions that dictates to send you xx amount of eth or bitcoin to an address, that's an obvious scam.
And about those malicious emails, it's been in old days that there are so many email scams that are coming out.\
Now they have upgraded into cryptocurrency so as a protection, don't expose any information relevant to your identity because it can be used against you by these scammers.
Very informative. Those things will surely help our fellow newbie members because that's what I execute in this market that are full of compromise and scams. I know that those will work because I have never experienced hacks.
It will! It is just quite unfortunate though that as much as you keep saying all of these, some people will still not listen or read, and would still keep falling for it over and over again, which is what had led to the idea of regulation which we obviously have to admit is going to be a lot of help. Most people are just too lazy to do research and I feel that is where a lot of investors, especially newbies always end up missing it. They just feel anything goes and end up investing.
Very informative. Those things will surely help our fellow newbie members because that's what I execute in this market that are full of compromise and scams. I know that those will work because I have never experienced hacks.
We don't know when we are going to face the hacks but we should be very careful when dealing with crypto currency because there are many people wants free coin but they need to be sure check it twice before clicking any link send to you from the unknown users.
What you said is good, but some of them are not all that necessary if you’re going to find a something legit. Take for example the one you said that we should check their partners and contact them all to know if they are really into any partnership with the so ICO. You don’t really have to start contacting all their partners to know whether the ICO is legit or not, it doesn’t make any sense. Apart from this, every other thing you mentioned is alright.
I think it's enough if you see those members in one picture where they have a discussion/presentation of ICO. On another hand when team tries to promoto ico at it's best, I think contacting each of them and asking to verify id they are really involved in that ICO, is really the part we can avoid (it's boring for both side).Any other suggestions fron OP are absolutely logical and I think that things even doesn't need to be written.
Thanks for the info, it is such a big help for me as a newbie in crypto.That is true that there are lots of scammer because even me I experienced those things.Like when I joined in a project someone send private message on me that he/she will help me to earn profit like teaching me how to join in bounty and airdrop in exchange of contributing money and send it to the wallet address he/she posted.Luckily I had read in telegram that they warned about scammers like sending private message to you and pretending as an admin.So the next thing I do is to block that person who send me private message and asking for money.As of now I am having a hard time on looking for a real ICO because there are too many ICO project in this forum and thanks goodness I read your post.I will follow what you said in order to stay away to scammers/fake.
The second part of what you wrote is what I agree with. The number one is very true. I do know that an ico that is real won't start sending you private message on telegram or soliciting for btc/eth or another other coins as contribution. They will send whatever message in the general telegram group. That is taken but at same time, I still would not give all my trust in.
Obviously, there are just some things you will see in an ICO that would apparently tell you straight on that this should be an area you should not even delve into. However, I really do not know what the investors who invest in such ICOs think. Apparently, they are so blinded to the idea of just wanting to make a lot of profit without even thinking of the possibility of getting scammed in the process. This is why many are also taking advantage of the telegram groups by displaying themselves and disguising as the admin's, there's no way to stop this but to give public awareness.
There are also scammers on twitter.
Just like by visiting those announcements from the developers, there are these like giveaways that are being held through that.
When there is some instructions that dictates to send you xx amount of eth or bitcoin to an address, that's an obvious scam.
There are many scammers like that and they are everywhere so the only thing we can do to protect ourselves is to not be so dumb, scammers are very smart somehow they are able to get the list of everyone that invested in an ico and then they send them malicious emails trying to get their private keys and unfortunately many people fall for it, so people need to familiarize themselves with the current scams so they can avoid it.There are also scammers on twitter.
Just like by visiting those announcements from the developers, there are these like giveaways that are being held through that.
When there is some instructions that dictates to send you xx amount of eth or bitcoin to an address, that's an obvious scam.
And about those malicious emails, it's been in old days that there are so many email scams that are coming out.\
Now they have upgraded into cryptocurrency so as a protection, don't expose any information relevant to your identity because it can be used against you by these scammers.
What you said is good, but some of them are not all that necessary if you’re going to find a something legit. Take for example the one you said that we should check their partners and contact them all to know if they are really into any partnership with the so ICO. You don’t really have to start contacting all their partners to know whether the ICO is legit or not, it doesn’t make any sense. Apart from this, every other thing you mentioned is alright.
You may not have to contact the partners, but really it is a way to go and I would not say it does not make sense. Sure, some of the team may be busy, but those who are looking for a way to make things work and have nothing to hide; you may use that as a means to fish them out.It could be dropping a quick message to the original handler of any of the advisory board on the legitimacy of the project, or just trying to have a chat, probably video with the team. All that would help a lot. Most times, it is always better to call out on the team.
Must check press release, Team member detail, contact them before investment.
It will not always progress. All of these are on its introductory stage wherein the growth is really unstable. It is a risky investment but if it grows, you are very lucky. Expect the worst here and handle your investments intelligently.
This is really good and will be as a help to newbies in here. As for the case of getting emails from hackers, well, that’s never a new thing though and you don’t have to be into cryptocurrency before hacking will start sending you mails.
It happens to those that are not into cryptocurrency investment, and have even been around before cryptocurrencies were introduced.So if you’re getting into crypto be sure of coming across them, especially when you’re being careless and giving out your info anyhow.
It happens to those that are not into cryptocurrency investment, and have even been around before cryptocurrencies were introduced.So if you’re getting into crypto be sure of coming across them, especially when you’re being careless and giving out your info anyhow.
Very informative. Those things will surely help our fellow newbie members because that's what I execute in this market that are full of compromise and scams. I know that those will work because I have never experienced hacks.
I add some, look at their announcement thread and their telegram group. If the team/admin project is inactive and rarely answer many questions from people, it's a red flag because it means they don't care about it and they make that project only for quick bucks, collect the money from ICOs and run out in the end.
That is a huge red flag to me if the developers are asking for such a huge amount of money then they need to be very diligent and answer to every single question no matter how dumb possible investors may have if they do not really have the time to do that then that opens a lot of questions about their professionalism and how dedicated they are to make this project a success. Jump to: