Post
Topic
Board Beginners & Help
Re: How do I avoid and identify scams?
by
Asuspawer09
on 27/07/2023, 07:13:55 UTC
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.


I mean scammers, hackers, etc. are already part of the cryptocurrency space I guess, so we can't really stop them and they not going to go away, so we are the ones that gonna need to adjust to them. If you have enough knowledge your not really going to get hacked or scammed, your surely going to get in on your experience and knowledge, For sure you're going to get a lot here in the forum since this is where I get a lot of ideas about how I'm going to protect myself from this people.

Also, you might want to see if there are a lot of green flags on some of the projects, In my opinion, some of the token projects weren't actually real kinds of scams or something that they really plan to scam people, most of them are actually legit but the model of there project was just not that great so most of the time they just end up as a fail and some people think that it is a scam because they fail, and their money is already lost. Also were gonna need to study everytime because this hackers or scammers always find and create new ways to scam investors so you always wanted to get updated to there ways.