Post
Topic
Board Altcoin Discussion
Re: Well Organized Scam Projects
by
UPUPUP3
on 15/04/2020, 08:04:52 UTC
How can we safe ourselves from well organized scam projects? Some projects are so well crafted and in the end they scam people, to my own understand research doesn't help here at all, use case, whitepaper, team, every thing are so real and make sense, please give advice about this

The best way to detect a fishy or a scam project is if it's promising something that sounds to good to be true. If someone is offering you a guaranteed 5%, 10% or even more daily, weekly or monthly gain, then that is a scam. No one can guarantee that much gain on such a short period. 5% gain on a yearly basis is great and everything more than that should be considered at least suspicous.

Agree, never believe those high profit project Angry