Quote from: StreakW on Today at 11:42:42 AM

Quote from: Crypt0Gore on October 07, 2022, 02:58:56 PM

We are now in a era where scam devs don't care about anonymity anymore, now they aren't willing to hide their faces, they will come out in the open, throw you some videos on YouTube and still run away with your money, if you are a newbie you need to have the following in mind when researching projects.

1. Visible team members don't mean they are scam free.
2. A audited smart contract project can still scam you.
3. Scammers can spend a lot on their website to make it look attractive just to make you invest your money.
4. High volume on the listed exchange doesn't make a project clean from going scam.

The points you mention are very helpful both for beginners and for those who are experienced in investing in new projects. Because not everyone has the understanding you describe here, especially beginners who usually tend to get caught up in new fraudulent projects that offer huge profits by buying a low price later when the coin is listed on an exchange with a high price. So be very careful in investing in new projects should always do your own research and don't be easily provoked.

Indeed, right, because this information mostly tricks both new and old time investors, it's true that scammers are willing to invest with their websites to make it looks legit and they are willing to spend money as well to move their project around exchange, something that they money can move and scam developers are willing to take that risk.

They know that if there are interest that show up, they can simply reach their target amount to scam out and runaway.

Make sure to deal with proper research and be wise in investing your hard earned money, as always.