Post
Topic
Board Altcoin Discussion
Re: How can we avoid scams in blockchain?
by
so98nn
on 11/11/2021, 12:47:06 UTC
So we have a crypto project that tests whether the other crypto projects are trusted or not?

Thats funny. How I am supposed to check if the CheckDot is trusted or not? Well I would just start studying the project, have some reviews from the hunters here, get involved with their social networks, most probably would be active in the Telegram and after that I may just get some idea whether they are honest peeps with good success ahead or not.

Thats how you do it for all of the crypto projects old or new one. There is no way to secure your predictions way before timeline. For example, it would be idiotic to believe on the project which just got launched with some white paper, poor social network, too shiny roadmap etc. Even the most serious looking projects have failed for some reason or another in the past.

So be sure to keep yourself updated with what you invest and act fast according to the time. Depends you wanna buy more or sell etc.