Thank you for your tips, your article is comprehensive, but the best advice is not to invest in any ICO, because good ICO also has a great chance of failure!
Chance for failure is always around you will never know if you don't invest, project could become big one day and it is worth of shot. Invest what you can afford to lose, last year people were selling their houses to buy bitcoins and where are they now, they have lost at least 60% of their investment. 
Topic: Scam scam scam!! - page 2. (Read 533 times)
Self moderated thread is usually sign that something is wrong.
Some red flags for the beginners in the crypto world! Make sure to check these red flags before investing in any ICO.
1.CLAIMS OF HIGH, GUARANTEED RETURNS.
2.CELEBRITY ENDORSEMENTS. (check their SNS where announcements are made to make sure they are genuine).
3.CLAIMS OF “SEC-COMPLIANT” (guarantees that their coins will trade on an SEC-compliant exchange where you can buy and sell them for profit)
4. INVESTING WITH A CREDIT CARD.
5. PUMP AND DUMP SCAMS.(Tempting you with guaranteed gains with pumps and dumps during pre ico to crowd sale)
6.Team members without any social profile. if they provide be sure to check the genuinity on basis of followers and background.
7.Language( grammar is correct or not)
and if you have done these (or not) BE SURE TO READ THE WHITEPAPER!!
1.CLAIMS OF HIGH, GUARANTEED RETURNS.
2.CELEBRITY ENDORSEMENTS. (check their SNS where announcements are made to make sure they are genuine).
3.CLAIMS OF “SEC-COMPLIANT” (guarantees that their coins will trade on an SEC-compliant exchange where you can buy and sell them for profit)
4. INVESTING WITH A CREDIT CARD.
5. PUMP AND DUMP SCAMS.(Tempting you with guaranteed gains with pumps and dumps during pre ico to crowd sale)
6.Team members without any social profile. if they provide be sure to check the genuinity on basis of followers and background.
7.Language( grammar is correct or not)
and if you have done these (or not) BE SURE TO READ THE WHITEPAPER!!
I agree with #1 and reading the whitepaper is also a must before making any investments.
I also like to check their social media pages and see what they post about and if the projects have any proper content.
There are really many scam on cryptocurrency but it is up to you on how to avoid them. What I do before I enter or invest into an ICO or project is that, I really read their backgrounds and also the road map of the ICO or the feedback of the people to this project so that I will be sure and make a good decision. As a part of crypto community, you must really know how to avoid scam and the secret is being a good researcher.
Thank you for your tips, your article is comprehensive, but the best advice is not to invest in any ICO, because good ICO also has a great chance of failure!
yeah 
that is the most safest way! Some red flags for the beginners in the crypto world! Make sure to check these red flags before investing in any ICO.
1.CLAIMS OF HIGH, GUARANTEED RETURNS.
2.CELEBRITY ENDORSEMENTS. (check their SNS where announcements are made to make sure they are genuine).
3.CLAIMS OF “SEC-COMPLIANT” (guarantees that their coins will trade on an SEC-compliant exchange where you can buy and sell them for profit)
4. INVESTING WITH A CREDIT CARD.
5. PUMP AND DUMP SCAMS.(Tempting you with guaranteed gains with pumps and dumps during pre ico to crowd sale)
6.Team members without any social profile. if they provide be sure to check the genuinity on basis of followers and background.
7.Language( grammar is correct or not)
and if you have done these (or not) BE SURE TO READ THE WHITEPAPER!!
1.CLAIMS OF HIGH, GUARANTEED RETURNS.
2.CELEBRITY ENDORSEMENTS. (check their SNS where announcements are made to make sure they are genuine).
3.CLAIMS OF “SEC-COMPLIANT” (guarantees that their coins will trade on an SEC-compliant exchange where you can buy and sell them for profit)
4. INVESTING WITH A CREDIT CARD.
5. PUMP AND DUMP SCAMS.(Tempting you with guaranteed gains with pumps and dumps during pre ico to crowd sale)
6.Team members without any social profile. if they provide be sure to check the genuinity on basis of followers and background.
7.Language( grammar is correct or not)
and if you have done these (or not) BE SURE TO READ THE WHITEPAPER!!
Your listing is really good and definitely useful for beginners. What I personally noticed is that bounty campaigns that are accepting newbies too are to 99% scam. Maybe that would be another point that you can write about your list.
Some red flags for the beginners in the crypto world! Make sure to check these red flags before investing in any ICO.
1.CLAIMS OF HIGH, GUARANTEED RETURNS.
2.CELEBRITY ENDORSEMENTS. (check their SNS where announcements are made to make sure they are genuine).
3.CLAIMS OF “SEC-COMPLIANT” (guarantees that their coins will trade on an SEC-compliant exchange where you can buy and sell them for profit)
4. INVESTING WITH A CREDIT CARD.
5. PUMP AND DUMP SCAMS.(Tempting you with guaranteed gains with pumps and dumps during pre ico to crowd sale)
6.Team members without any social profile. if they provide be sure to check the genuinity on basis of followers and background.
7.Language( grammar is correct or not)
and if you have done these (or not) BE SURE TO READ THE WHITEPAPER!!
Yes, these are very good steps to take to avoid investing or participating in a scam project. You should also take your time to study the roadmap and broadsheet of the project, check the developer history, the manager's past achievements and history then follow your intuition. 1.CLAIMS OF HIGH, GUARANTEED RETURNS.
2.CELEBRITY ENDORSEMENTS. (check their SNS where announcements are made to make sure they are genuine).
3.CLAIMS OF “SEC-COMPLIANT” (guarantees that their coins will trade on an SEC-compliant exchange where you can buy and sell them for profit)
4. INVESTING WITH A CREDIT CARD.
5. PUMP AND DUMP SCAMS.(Tempting you with guaranteed gains with pumps and dumps during pre ico to crowd sale)
6.Team members without any social profile. if they provide be sure to check the genuinity on basis of followers and background.
7.Language( grammar is correct or not)
and if you have done these (or not) BE SURE TO READ THE WHITEPAPER!!
Thank you for your tips, your article is comprehensive, but the best advice is not to invest in any ICO, because good ICO also has a great chance of failure!
the most important point, the team that moves in it is clear about his profile. in addition to the high flying hours, and has long been engaged in the field of crypto. many real movements are published in social media, and do not hesitate to work with other teams ...
and it's very difficult to get a team like that, but at least we've tried and minimize our ICO scam encounter.
good luck
and it's very difficult to get a team like that, but at least we've tried and minimize our ICO scam encounter.
good luck
There are many ways to check but most important is team. Top managers must be found in social and this must be live accs with real people with family, friends. I don't believe that anyone no doesn't exist anywhere in the social media. If I found nothing this is pure scam at 99.99%. You can try google search by photo of the team.
Some red flags for the beginners in the crypto world! Make sure to check these red flags before investing in any ICO.
1.CLAIMS OF HIGH, GUARANTEED RETURNS.
2.CELEBRITY ENDORSEMENTS. (check their SNS where announcements are made to make sure they are genuine).
3.CLAIMS OF “SEC-COMPLIANT” (guarantees that their coins will trade on an SEC-compliant exchange where you can buy and sell them for profit)
4. INVESTING WITH A CREDIT CARD.
5. PUMP AND DUMP SCAMS.(Tempting you with guaranteed gains with pumps and dumps during pre ico to crowd sale)
6.Team members without any social profile. if they provide be sure to check the genuinity on basis of followers and background.
7.Language( grammar is correct or not)
and if you have done these (or not) BE SURE TO READ THE WHITEPAPER!!
1.CLAIMS OF HIGH, GUARANTEED RETURNS.
2.CELEBRITY ENDORSEMENTS. (check their SNS where announcements are made to make sure they are genuine).
3.CLAIMS OF “SEC-COMPLIANT” (guarantees that their coins will trade on an SEC-compliant exchange where you can buy and sell them for profit)
4. INVESTING WITH A CREDIT CARD.
5. PUMP AND DUMP SCAMS.(Tempting you with guaranteed gains with pumps and dumps during pre ico to crowd sale)
6.Team members without any social profile. if they provide be sure to check the genuinity on basis of followers and background.
7.Language( grammar is correct or not)
and if you have done these (or not) BE SURE TO READ THE WHITEPAPER!!
Your listing is really good and definitely useful for beginners. What I personally noticed is that bounty campaigns that are accepting newbies too are to 99% scam. Maybe that would be another point that you can write about your list.
Scams and frauds have been going around the ICO and cryptocurrency platform since this whole thing started many years ago. Those scammers which had been using the HYIP formats many years ago got so excited when they learned that they can do their trade in the ICO scene and instead of just defrauding thousands here they can do their thing in millions. These scammers have become the bad names for ICO and cryptocurrency in general and even the name of Bitcoin got smeared all because many are assuming that Bitcoin is connected with them. We should really be careful and those tips above can really help. As for me, I have been imposing a one-year sabbatical leave on buying new tokens but maybe next year can be different that is if there will be good projects worth supporting.
Some red flags for the beginners in the crypto world! Make sure to check these red flags before investing in any ICO.
1.CLAIMS OF HIGH, GUARANTEED RETURNS.
2.CELEBRITY ENDORSEMENTS. (check their SNS where announcements are made to make sure they are genuine).
3.CLAIMS OF “SEC-COMPLIANT” (guarantees that their coins will trade on an SEC-compliant exchange where you can buy and sell them for profit)
4. INVESTING WITH A CREDIT CARD.
5. PUMP AND DUMP SCAMS.(Tempting you with guaranteed gains with pumps and dumps during pre ico to crowd sale)
6.Team members without any social profile. if they provide be sure to check the genuinity on basis of followers and background.
7.Language( grammar is correct or not)
and if you have done these (or not) BE SURE TO READ THE WHITEPAPER!!
Hi, I agree with you and I have one more suggestion. If some ICO says that we need to send ETH for gas-free, Please don't do anything with them. Or they say that send ETH to get more ETH, It is truly scam.1.CLAIMS OF HIGH, GUARANTEED RETURNS.
2.CELEBRITY ENDORSEMENTS. (check their SNS where announcements are made to make sure they are genuine).
3.CLAIMS OF “SEC-COMPLIANT” (guarantees that their coins will trade on an SEC-compliant exchange where you can buy and sell them for profit)
4. INVESTING WITH A CREDIT CARD.
5. PUMP AND DUMP SCAMS.(Tempting you with guaranteed gains with pumps and dumps during pre ico to crowd sale)
6.Team members without any social profile. if they provide be sure to check the genuinity on basis of followers and background.
7.Language( grammar is correct or not)
and if you have done these (or not) BE SURE TO READ THE WHITEPAPER!!
Thanks for sharing. The most striking one for me is the claim of guaranteed returns or high profit
Some red flags for the beginners in the crypto world! Make sure to check these red flags before investing in any ICO.
1.CLAIMS OF HIGH, GUARANTEED RETURNS.
2.CELEBRITY ENDORSEMENTS. (check their SNS where announcements are made to make sure they are genuine).
3.CLAIMS OF “SEC-COMPLIANT” (guarantees that their coins will trade on an SEC-compliant exchange where you can buy and sell them for profit)
4. INVESTING WITH A CREDIT CARD.
5. PUMP AND DUMP SCAMS.(Tempting you with guaranteed gains with pumps and dumps during pre ico to crowd sale)
6.Team members without any social profile. if they provide be sure to check the genuinity on basis of followers and background.
7.Language( grammar is correct or not)
and if you have done these (or not) BE SURE TO READ THE WHITEPAPER!!
Hi, I agree with you and I have one more suggestion. If some ICO says that we need to send ETH for gas-free, Please don't do anything with them. Or they say that send ETH to get more ETH, It is truly scam. 1.CLAIMS OF HIGH, GUARANTEED RETURNS.
2.CELEBRITY ENDORSEMENTS. (check their SNS where announcements are made to make sure they are genuine).
3.CLAIMS OF “SEC-COMPLIANT” (guarantees that their coins will trade on an SEC-compliant exchange where you can buy and sell them for profit)
4. INVESTING WITH A CREDIT CARD.
5. PUMP AND DUMP SCAMS.(Tempting you with guaranteed gains with pumps and dumps during pre ico to crowd sale)
6.Team members without any social profile. if they provide be sure to check the genuinity on basis of followers and background.
7.Language( grammar is correct or not)
and if you have done these (or not) BE SURE TO READ THE WHITEPAPER!!
the most important point, the team that moves in it is clear about his profile. in addition to the high flying hours, and has long been engaged in the field of crypto. many real movements are published in social media, and do not hesitate to work with other teams ...
and it's very difficult to get a team like that, but at least we've tried and minimize our ICO scam encounter.
good luck
and it's very difficult to get a team like that, but at least we've tried and minimize our ICO scam encounter.
good luck
check out the whitepaper and the team. It is the basic things are certainly important but often is also very often overlooked by many people. information about the team and will be important for the sake of whitepaper project progressed.
To be honest, in recent years, almost all projects fall under all these criteria, this suggests that the ICO is full of scam.
Thats why you must do as much homework as you can do before investing.
Edited : Celebrity endorsements ( (check their SNS where announcements are made to make sure they are genuine).
Some red flags for the beginners in the crypto world! Make sure to check these red flags before investing in any ICO.
1.CLAIMS OF HIGH, GUARANTEED RETURNS.
2.CELEBRITY ENDORSEMENTS
3.CLAIMS OF “SEC-COMPLIANT” (guarantees that their coins will trade on an SEC-compliant exchange where you can buy and sell them for profit)
4. INVESTING WITH A CREDIT CARD.
5. PUMP AND DUMP SCAMS.(Tempting you with guaranteed gains with pumps and dumps during pre ico to crowd sale)
6.Team members without any social profile. if they provide be sure to check the genuinity on basis of followers and background.
7.Language( grammar is correct or not)
and if you have done these be sure to read the whitepaper!!
1.CLAIMS OF HIGH, GUARANTEED RETURNS.
2.CELEBRITY ENDORSEMENTS
3.CLAIMS OF “SEC-COMPLIANT” (guarantees that their coins will trade on an SEC-compliant exchange where you can buy and sell them for profit)
4. INVESTING WITH A CREDIT CARD.
5. PUMP AND DUMP SCAMS.(Tempting you with guaranteed gains with pumps and dumps during pre ico to crowd sale)
6.Team members without any social profile. if they provide be sure to check the genuinity on basis of followers and background.
7.Language( grammar is correct or not)
and if you have done these be sure to read the whitepaper!!
I don't know how long you've been in the space but celebrity endorsement is not wrong and does not make a project a scam also the issue of SEC-compliant is only an issue for US citizen, what about people from other part of the world. I hope you know scammers are getting smarter too. For me what I tell people is too only invest what they can afford to lose
Verified ICOs has a good blog post on what to look out for.
https://medium.com/@VerifiedICOs/look-out-for-these-things-before-investing-in-an-ico-b60408103425
Noted! https://medium.com/@VerifiedICOs/look-out-for-these-things-before-investing-in-an-ico-b60408103425
1. In any type of investment that guarantees high profits it's an indication that you are investing to a soon-to-be-scam investment.
2. Well, not all of them are scam.
3. That's just too unreal.
4. It's a no for me, don't ever use your credit card investing to such without knowing the consequences of using it.
5. All of those pump and dump coins are scams and also pump and dump groups.
6. Some teams are really valuing anonymity but better to rely with real people.
7. Yes, it's unprofessional if the language/grammar is too broke.
Totally agree 2. Well, not all of them are scam.
3. That's just too unreal.
4. It's a no for me, don't ever use your credit card investing to such without knowing the consequences of using it.
5. All of those pump and dump coins are scams and also pump and dump groups.
6. Some teams are really valuing anonymity but better to rely with real people.
7. Yes, it's unprofessional if the language/grammar is too broke.
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