Post
Topic
Board Beginners & Help
Re: How do I avoid and identify scams?
by
mvdheuvel1983
on 26/07/2023, 15:31:44 UTC
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.
There are too many scam projects out there that if you have been in t he cryptocurrency space for long you will be able to either identify based on the type of people promotion them, their media outreach and reviews.

People who are promotion scam projects don't change they only rebrand themselves. They move from one scam project whose cover has been blown to another scam project where they think newbies may not know them.

Their media out reach... characterized by slow and most times they are either unresponsive or unreachable. So of you have questions to ask about the project no one can give you any concrete answers.

The reviews... If you watch closely you'd see that experienced people in the crypto space have warned other to desist from investing in the project.