Post
Topic
Board Economics
Re: How to prevent fraud?
by
andycarrol
on 03/12/2019, 07:51:46 UTC
I once thought like that, I think it's quite safe and impossible to hack, but I got hacked, then I also got a scam investment. but from all that experience I learned to avoid fraud. because in my opinion, the experience will make people more aware and concerned. but if everything we do is right and still gets fraud? who is to blame? even big markets often get fraud.
As long as there are markets and there is money involved in them you can be sure that there are going to be frauds all over the place, what you need to do is to protect yourself, and while many times we discuss the ways in which you can protect yourself with the use of technology, we do not discuss how you can protect yourself by just using your common sense, and this is really important especially when it comes to investing in icos that despite all their claims most of them are just scams.
Indeed. We cannot stop the people who are scammers and planning to scam or fool other people. It is on us on how we are going to react into different circumstances in the market and how are we going to have enough education in order to identify the real opportunity to a fake one. We should be responsible to ourselves and that will be the key to prevention of any fraud or scams.

But we can do something to stop them and that is to share to people that they are not worth it to invest at after we've done our own investigation and we have proven that they are scam, so better to use friends and relatives and share here or in all social media so people could be aware and can find those things once they do their own research. Let's do our part for this to help people not become victim.
sooner or later this type of investment will be abandoned by many people, signs such as a decrease in trust is evidence that the public has been aware of the fraud.
nothing is safe in this world, there will always be a fraud. experience is very valuable to learn to at least avoid or minimize the great risk of fraud.