Post
Topic
Board Altcoin Discussion
Re: Is it possible to avoid all scams?
by
wissy
on 22/11/2021, 12:15:36 UTC
Do you think it is possible to completely get rid of scams?

Hello everybody. I think everyone who has ever been involved in cryptocurrency investments is interested in the question of how to protect themselves from scams and loss of money. Recently I learned about the CheckDot project, which creates a platform with which it will be possible to get an assessment of any project in the blockchain world. In theory, this way you can get rid of a lot of scams, but does it help?

What do you think, is it possible to somehow get rid of scams among crypto projects?

It is if you decide to HODL only top crypto for long period of time. If you are not addicted to crypto, like a lot of us are, then I would suggest that you buy coins in top 50, safely store your private keys and forget about it for 10 years.
If you are already dragged too deep into crypto, then its too late and you will get scammed sooner or later.