We know that scam coins are everywhere, mainly advertised on social media, I spent time trying to know the exact way to fish out scam coins but to no avail, despite how inquisitive we could be to generate more funds for ourselves through Cryptocurrency investments and to try new things, we should also be much aware of the scam coins and their possible pernicious damage.
I agree that there are a lot of choices to make regarding cryptocurrency but early dictation of this proposed scam needs to be checked.
Am not much familiar with cryptocurrency, and that's why I need more guidance so that if eventual I see one, I will know how to handle it, this will help me to have a good knowledge on the path to settle for.
You can identify scam if you meet this following.
Promise to good to be true profits.
Ask you to invite more so you can earn more bigger thru referrals.
Cannot show any specific proof of legitimacy and doesn't have transparency.
They decline to answer critical question and block people who ask legit question related to their investment or business model offered to their investor.
If you spot this then leave them since this is just one if many indicator that they are scam.