Topic: Keep these things in mind when you are into crypto world - page 2. (Read 1534 times)
The second piece of what you composed is the thing that I concur with. The main is valid. I do realize that an ico that is genuine won't begin sending you private message on wire or requesting for btc/eth or another different coins as commitment. They will send whatever message in the general wire gathering. That is taken yet at same time, regardless I would not give all my trust in.
When you are in the world of the world, there are a lot of pitfalls here. The first thing you need to choose the right company in which you want to participate. Secondly, you can participate until the end of the project and receive no generosity. In the third, participation in the company needs patience and aspiration.
The most important thing when joining the ICO is the transparency of the team. Because of this you see if they are really true to their goals, And of course you will also find that they are ready to sacrifice their names. And it is better if we join the ICOs with working product and their organization firmly.
Hello everyone,
I am in crypto world from August 2017 and learn a lot and still have to learn a lot.
Let me share few things with you which are very important.
How to find weather ICO is scam or not
There are few things which we can check to avoid scams.
1. Do check their whitepaper , if you don't have any technical knowledge then you can take help from google to comes to know about project reviews because there are many website who review about ICO's
2. Do check their Team members, try to find their social accounts and do some background about them and their past experience.
3. Check out their Roadmap, check out discussion of projects on bitcointalk,reddit,telegram and other social channels.
4. Check their partnership details. Try to contact their partners to confirm it.
As once you select that you want to participate in ICO, then what you have to keep in mind.
1. No one from team member will contact you personally through telegram or other channels to contribute to you. Only ways of contribution are either through their website or that is mentioned on their website.
2. There are many fake admin profiles on telegram , they will personally message you and will give you contribution address to send ETH/BTC or whatever. Don't listen to them and ban them immediately.
3. Only trust official websites, Admin and team member.
4. you will get email from hackers , don't open them.
5. use 2fa and other securities to your accounts on exchanges.
Recently i get email from fake cryptopia exchange team that someone is trying to access my account. I click on that link and found that it was almost similar to real cryptopia link. So avoid these types of email.
If you have any question or need any help, leave your post below. I will try my best to help all of you.
Thank you and all the best.
I am in crypto world from August 2017 and learn a lot and still have to learn a lot.
Let me share few things with you which are very important.
How to find weather ICO is scam or not
There are few things which we can check to avoid scams.
1. Do check their whitepaper , if you don't have any technical knowledge then you can take help from google to comes to know about project reviews because there are many website who review about ICO's
2. Do check their Team members, try to find their social accounts and do some background about them and their past experience.
3. Check out their Roadmap, check out discussion of projects on bitcointalk,reddit,telegram and other social channels.
4. Check their partnership details. Try to contact their partners to confirm it.
As once you select that you want to participate in ICO, then what you have to keep in mind.
1. No one from team member will contact you personally through telegram or other channels to contribute to you. Only ways of contribution are either through their website or that is mentioned on their website.
2. There are many fake admin profiles on telegram , they will personally message you and will give you contribution address to send ETH/BTC or whatever. Don't listen to them and ban them immediately.
3. Only trust official websites, Admin and team member.
4. you will get email from hackers , don't open them.
5. use 2fa and other securities to your accounts on exchanges.
Recently i get email from fake cryptopia exchange team that someone is trying to access my account. I click on that link and found that it was almost similar to real cryptopia link. So avoid these types of email.
If you have any question or need any help, leave your post below. I will try my best to help all of you.
Thank you and all the best.
This is a great information for those who invest in ICO, thank you mate for sharing,i must be more careful now,, this are the basic important things we need to learn before investing in ICO.
Hello everyone,
I am in crypto world from August 2017 and learn a lot and still have to learn a lot.
Let me share few things with you which are very important.
How to find weather ICO is scam or not
There are few things which we can check to avoid scams.
1. Do check their whitepaper , if you don't have any technical knowledge then you can take help from google to comes to know about project reviews because there are many website who review about ICO's
2. Do check their Team members, try to find their social accounts and do some background about them and their past experience.
3. Check out their Roadmap, check out discussion of projects on bitcointalk,reddit,telegram and other social channels.
4. Check their partnership details. Try to contact their partners to confirm it.
As once you select that you want to participate in ICO, then what you have to keep in mind.
1. No one from team member will contact you personally through telegram or other channels to contribute to you. Only ways of contribution are either through their website or that is mentioned on their website.
2. There are many fake admin profiles on telegram , they will personally message you and will give you contribution address to send ETH/BTC or whatever. Don't listen to them and ban them immediately.
3. Only trust official websites, Admin and team member.
4. you will get email from hackers , don't open them.
5. use 2fa and other securities to your accounts on exchanges.
Recently i get email from fake cryptopia exchange team that someone is trying to access my account. I click on that link and found that it was almost similar to real cryptopia link. So avoid these types of email.
If you have any question or need any help, leave your post below. I will try my best to help all of you.
Thank you and all the best.
I am in crypto world from August 2017 and learn a lot and still have to learn a lot.
Let me share few things with you which are very important.
How to find weather ICO is scam or not
There are few things which we can check to avoid scams.
1. Do check their whitepaper , if you don't have any technical knowledge then you can take help from google to comes to know about project reviews because there are many website who review about ICO's
2. Do check their Team members, try to find their social accounts and do some background about them and their past experience.
3. Check out their Roadmap, check out discussion of projects on bitcointalk,reddit,telegram and other social channels.
4. Check their partnership details. Try to contact their partners to confirm it.
As once you select that you want to participate in ICO, then what you have to keep in mind.
1. No one from team member will contact you personally through telegram or other channels to contribute to you. Only ways of contribution are either through their website or that is mentioned on their website.
2. There are many fake admin profiles on telegram , they will personally message you and will give you contribution address to send ETH/BTC or whatever. Don't listen to them and ban them immediately.
3. Only trust official websites, Admin and team member.
4. you will get email from hackers , don't open them.
5. use 2fa and other securities to your accounts on exchanges.
Recently i get email from fake cryptopia exchange team that someone is trying to access my account. I click on that link and found that it was almost similar to real cryptopia link. So avoid these types of email.
If you have any question or need any help, leave your post below. I will try my best to help all of you.
Thank you and all the best.
This is important for those new to investing in ICO. Also remember that investing in ICO has a higher risk than those coins already listed in the market but also has a higher gain especially if it has a physical product in real world.
In particular, as I would see it, it's in no way, shape or form to go over the different connections that go to your email until the point when you ensure this is the official mail of the task. Since this is the simplest and most basic approach to discover your passwords and wallets keys. Furthermore, you won't think about it. What's more, I additionally met a few times with the phony names of undertaking directors in the Telegram station. Make sure to take a gander at the username not only the name.
There are too many points to note, especially for false administrators. Many new ICO investors are being cheated by them.
Thank you for the valuable advice, but some ICO can be a scam just because they had an unsuccessful project ...
Yes, these are the at least minimum precautions for not being scammed. You can check also their market cap on the site where coins are listed.
That is exceptionally enlightening OP. A debt of gratitude is in order for the guidance. I have heard a great deal of ICOs that ended up being a trick, there are some that are persuading, while they have assembled potential purchasers and financial specialists over a brief timeframe. The idea is great and the group is receptive to the majority of the inquiries that have been solicited, however by the end from the battle.. they have totally and absolutely gone dull. I trust the OP's message will profit the individuals who are still new to the possibility of digital currencies. Be sheltered and be watchful
Well it's very basic thing you need to know if you want to invest in any ICO. Even if you fully comply with the rule, there is no guarantee you will always win. Learn how to allocate finance, manage risk, and learn new technologies.
Obviously no doubt , this is really a good tips for the investors specially to those who are planning to invest in any ICO. In the recent time we've noticed a lot of scams in a cryptoworld and if you didn’t make any effort to study the project you’ll be a victim of scam, let’s keep our money always on the safe side even the risk is high. Thank you.
Definitely everything said in the OP was definitely true. However some teams are very slick and they are all in on the scam too. It's very hard to tell a scam sometimes - if it's hard in real life, it can be even harder with cryptocurrency.
All you can do is do your own research as you can. And if it's too good to be true, it usually is.
All you can do is do your own research as you can. And if it's too good to be true, it usually is.
Yeah this is very helpful. Some of this is what am I doing everytime that I see investment or any ICO related websites. Everyone should read this so that they are aware in this kind of scam. Some people are trying to scam other people just for their sake. Not knowing that they are not influencing others to invest in cryptocurrency because of the SCAM around it.
It is true that most of the scam and hacking happens to them who are greedy and when they see the email where it gives the link and tell you to fill the details and you are eligible to get bitcoins or free coins, All sorts of candy offers will be their. Even some time they will tell to download the file and run it so you will start earning bitcoins freely, this is also one type of virus exe which will hack it and the hacker will have full control of your computer so he will hack it and steal all important documents and empty your wallets.
So their you should always be alert and secure by not getting greedy by seeing candy offers.
We need to also be very careful about what we do with our emails you may receive a phishing link or if you run an exe file you could get a copy and paste virus, this is a very old virus but people keep falling for it, and what it does is that whenever you are trying to send money it replaces the address you want to send coins to for an address from the hacker and since most people do not double check what they are doing then they send money to the hacker without even knowing it. So their you should always be alert and secure by not getting greedy by seeing candy offers.
Thanks for sharing.
In addition, you should bear in mind how risky crypto investment is because it is very volatile that can make your investment plummets down so deep during crisis. So that requires you to be a risk taker in the first place and knows how to hold your crypto assets during crisis.
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