Post
Topic
Board Beginners & Help
Re: SCAM SCAM SCAM!!!
by
kwabeedat
on 04/07/2018, 23:20:42 UTC
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!!
Even sometimes reading the whitepaper might deceive you more. I'm very particular about the Huge Returns Aspect. currently if you're joining any project it'd be better you join those that can have a real world use case and not those who'll promise unimaginable returns