Re: How to prevent fraud?

I guess fraudulent is not preventable but you can minimize being a victim if you will be very vigilant in your actions towards your investments. Doing more research before engaging to something which includes money will reduce the chances of being a victim of fraudulence.

knowledge is the best way to dodge fraud. and where ever you are, in any platform, there are many fraud that hunt ever person move. ask to someone that know about that thing, get more experience to make yourself expert, and sometime, you need to be victim to get more experience

Knowledge is power, if you have right knowledge you can easily avoid scam projects. People are becoming blind to rewards and that's why they keep losing in fraud projects. Remember that the scammers are becoming more intelligent than before and there are studies saying that the victims of the scammers are keep increasing because of the investors who doesn't have right and enough knowledge.

With proper study, by making your time valuable and studying a lot of things, it will make you confident and can easily say no to scam project and I have seen this to some expert people I introduced a project to them to have a look at it but after scanning they can easily say to me that it was a scam, I told them that ' NO ' it's not a scam as it has office, real product etc etc, and they explained to me why, then after few months they were really right.

If it would be so simple to avoid fraud in the cryptocurrency market, then this topic would not be so relevant today. As a rule, more fraud is received by ordinary cryptocurrency users who invest their money in new projects, rather than large whales who possess large volumes of the highest rated cryptocurrencies, which do not raise doubts about future prospects.

New projects are sometimes difficult to analyze. and this is where many people fall into the scam project that eventually drains their money. it's safer to invest in coins that are already trusted, but the problem is many people want to get a satisfactory return, so they are following a new project