Quote from: Kez1817 on June 24, 2018, 03:06:48 AM

Quote from: hunnykaushal on March 16, 2018, 07:48:13 AM

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.

You are right. In investing in ICO's you need not only capital but most of all knowledge about the projects and the things that can harm you and your account . A lot of ICO's out there so be careful not to fall on some scammers.Be wise always and use your knowledge to avoid fake ICO and scammers.

Yeah you are right but there are so many frauds and scams that nobody knows about them at all especially newbie. Your suggestions are useful and will help crypto investors. One thinks I want to way that new investors should never invest their money in small coins and new ICOs because of the scams. Better to invest in well reputed exchange coins.