Identify Cryptocurrency and ICO Scams With Easy Ways

[Alexiscaceres 110]

You are very right, all the advice you gave, are exactly what I always give, detecting a scam is not that difficult when you have been here for a while

[Raichu1987 115]

It is always good to receive this type of information, especially for those of us who are not used to it, sometimes we want things easy, but without effort nothing will come, but if we make an effort to learn more about these things, we will have great rewards, little by little I will learning.

[Edwinvicky 819]

Thanks for the write up. Quite educative especially for the newbies and for those who want invest in ICO project.

[ejgomez78 35]

scams always exist in the world of ICOs. The indications you give in this post are very important since there are many unscrupulous people who do not mind deceiving investors.

[Mohmaza 46]

website and your social networks and you can identify if it is possible scam also if they ask you for money to start with the airdrop it is totally scam since for an airdrop you are not asked

[Asphenix 71]

Initial Coin Offerings (ICO) continue to boom, and despite the fact that several countries in the world such as South Korea, China and even the United States tighten the regulatory fence around this flourishing method of raising capital, they still remain in force. growth, serving as an ideal scheme to raise funds among ecosystem projects.

[tienda 8776]

Thanks for sharing those useful points Dear @iloveyobit! as a newbie is not easy to identify cryptocurrency and ICO scam anyway, the unique option is the experience. When we are newbie we should be ignorant about any offers we receive and about the new coin/token, always stay investing in the most popular cryptocurrency.

[Calvinpriva 17296]

On 9/28/2020 at 2:05 PM, iloveyobit said:

1-Make a deep research about the Team:

The first and first step that anyone who wants to invest in new currencies or an ICO must take is to search for the currency team and their social media accounts in terms of whether they are real accounts and if are they active, this can give you a great idea about the currency and if its real or scam .

Well said, by following the mentioned steps we will e able to identify many cryptocurrency scams and ICOs. Many people have cried because they have lose a lot of money by investing in fake projects after being attracted by their fake offers! So its goo to review before join them.

[iloveyobit 6599]

1 hour ago, Calvinpriva said:

Well said, by following the mentioned steps we will e able to identify many cryptocurrency scams and ICOs. Many people have cried because they have lose a lot of money by investing in fake projects after being attracted by their fake offers! So its goo to review before join them.

true and thats too sad for them , but in the same time someone has to share someways to expose scam coins and Ico projects so people cant lose their money in it , im just sharing my humble  knowledge.

[scofield64 943]

Thank you for sharing with us these four points to know whether an cryptocurrency or ICO are scam. These information will really help a lots in identifying scam coin before investing. 

[iloveyobit 6599]

On 10/6/2020 at 3:33 PM, Juan PM said:

Be very careful with ICOs, almost 90% are fraudulent scams. sadly they took advantage of the boom, to make setups and mismanagement and steal the funds with different fraudulent strategies to keep the money. it is best to review, review and re-look at everything with great distrust. Since the experiences we had were not good, I think that all the ico were lost, in a few months. so you better check and be very careful not to lose your money.

indeed , actually im longer investing with them since i got a bad experience with an ICO in 2018 , i invested with them then the project almost failed and i got my money frozen for more than year but fortunately i get it back after the coin listing and i was lucky . 

[rahul12345 0]

Yeah these are the good ways to check the project legitimacy .i really appreciat all the information you have provide in this post very nice information .esto tambien grantiza una mayor liquidez para el proyecto .

[Cryptotakl1 0]

Website and your social network and you can identify if it is possible scam also if they ask you for money to .we will have great rewards , little by little i will learning .

[huesca123 946]

Thats good advice you give. The problem is people get caught up in the moment & do things without taking the time to do the proper research. Then they get burned & lose money. Then they blame other people. Its your responsibility to know where you are spending your money. No one to blame but yourself if you lose money.