Crypto scams are everywhere. How do you stay safe?

[MaryEmerald]

We know how bad things can get in this space. Fake Airdrops, rug pulls, scams, phishing and the rest of them.
It's not all bad. There are opportunities within the space but I'm just saying there are also a lot of exploiters and manipulators.

When it comes to protecting ourselves, the majority of us do what we know which is mostly stuff like DYOR, confirming contact addresses and avoiding links we're not sure of but with the recent occurrences, I'm starting to think that might not be enough anymore.

That's what brings me to Cointel.
$COLS comes with tools that make trading much smarter and safer.
It's a segment of an ecosystem that puts together on-chain data, AI-powered insights and scam detection.

There are lots of AI-driven projects in crypto of which majority provide mainly trading signals or market predictions which is useful but in my opinion, we need more.

Cointel, from my understanding helps traders like you and I stay away from unreliable projects.
The job of $COLS is to make sure a project wouldn't be an unworthy investment. It checks for red flags and unusual trading behaviour.

It's got another advantage which is a blend of AI-driven and human expert analysis.
Pure AI is great but crypto moves so fast and sometimes you need human intuition to spot anomalies. Having both working together is a good way to approach it.

My standpoint is scams aren't cooling off or decreasing so security is equally as important as tools for trading. 
If you use AI as a tool for trading signals, that's great because you can use it to stay safe as well.

With this we have one less thing to worry about and knowing how exhausting this space can be, that's exactly what we all need.


How do you spot scams? I would like to hear and maybe give your method a try too.

[Daisylord]

We know how bad things can get in this space. Fake Airdrops, rug pulls, scams, phishing and the rest of them.
It's not all bad. There are opportunities within the space but I'm just saying there are also a lot of exploiters and manipulators.

When it comes to protecting ourselves, the majority of us do what we know which is mostly stuff like DYOR, confirming contact addresses and avoiding links we're not sure of but with the recent occurrences, I'm starting to think that might not be enough anymore.

That's what brings me to Cointel.
$COLS comes with tools that make trading much smarter and safer.
It's a segment of an ecosystem that puts together on-chain data, AI-powered insights and scam detection.

There are lots of AI-driven projects in crypto of which majority provide mainly trading signals or market predictions which is useful but in my opinion, we need more.

Cointel, from my understanding helps traders like you and I stay away from unreliable projects.
The job of $COLS is to make sure a project wouldn't be an unworthy investment. It checks for red flags and unusual trading behaviour.

It's got another advantage which is a blend of AI-driven and human expert analysis.
Pure AI is great but crypto moves so fast and sometimes you need human intuition to spot anomalies. Having both working together is a good way to approach it.

My standpoint is scams aren't cooling off or decreasing so security is equally as important as tools for trading. 
If you use AI as a tool for trading signals, that's great because you can use it to stay safe as well.

With this we have one less thing to worry about and knowing how exhausting this space can be, that's exactly what we all need.


How do you spot scams? I would like to hear and maybe give your method a try too.

Yeah I’ve been feeling the same lately, rug pulls are getting smarter, and even when you think you’re doing everything right, stuff still slips through. I found $COLS after that big move on the chart and figured I’d take a closer look. Turns out it’s not just another AI buzzword project, actually helps flag sketchy activity and weird token behavior in real time. That combo of AI and human input makes it feel a bit more grounded than the usual auto-signal stuff.

Price-wise, it’s been holding up better than most after the pump. Usually these things spike and vanish, but $COLS is still showing steady volume and hasn’t fully retraced. If it keeps building actual tools that protect traders, not just hype, I could see this one sticking around longer than most of the AI tokens out there.
[nofollow]

[TomPluz]

When one will decide to enter and get in with the many opportunities in the cryptocurrency industry, he/she should realized one big thing: SCAMS and frauds are always here just waiting to punch someone and victimize people. Now, one thing for sure: if one will just go for holding certain assets like Bitcoin there will be less exposure to this malady but we are doing many other things as well and that is why we can be exposed. To minimized being a statistic for scams, we have to educate ourselves on how scam artists are doing their business so we can be updated. Education is always the best weapon against this cancer of the industry since we can never stop it.

[tabas]

When there are obvious scams, they can be seen and spotted based on how we see them. First, by looking at those potential scam by promising exact gains. There is no exact profits that we'll get from these projects so if they tell you that you will earn good money and amount, you'd see that they're likely a scam project.

[KryptoBull]

When there are obvious scams, they can be seen and spotted based on how we see them. First, by looking at those potential scam by promising exact gains. There is no exact profits that we'll get from these projects so if they tell you that you will earn good money and amount, you'd see that they're likely a scam project.

Scam projects often prey on investors' greed: airdropping a few ETH, easily 100x your capital within just a few months... Therefore, the simplest way is for investors to not be greedy and only invest in the best projects in the crypto market.

Sometimes, even some top-tier projects like Bcc, Luna, and Ftx can also be scams and cause many investors to lose money. In this case, investors need to analyze the project's operating model and the stability of the products they offer to avoid dangerous models that promise high returns.

[tabas]

When there are obvious scams, they can be seen and spotted based on how we see them. First, by looking at those potential scam by promising exact gains. There is no exact profits that we'll get from these projects so if they tell you that you will earn good money and amount, you'd see that they're likely a scam project.

Scam projects often prey on investors' greed: airdropping a few ETH, easily 100x your capital within just a few months... Therefore, the simplest way is for investors to not be greedy and only invest in the best projects in the crypto market.

I agree that investors need to look at their greed. Because if they're too greedy, they are likely to fall for those traps and that's what they need to be careful about.

Sometimes, even some top-tier projects like Bcc, Luna, and Ftx can also be scams and cause many investors to lose money. In this case, investors need to analyze the project's operating model and the stability of the products they offer to avoid dangerous models that promise high returns.

This is true but this happens once they are established and when a hardcore critical thinker finds what they've been doing shadily.

[LogitechMouse]

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How do you spot scams? I would like to hear and maybe give your method a try too.

Not interested in your shilled project because this threads are just like what the other newbies are doing. Asking something, but highlighting a new project that could be the answer of that "something".

As for spotting scams, it's very easy. When you see a red flag on a project, don't invest on it anymore. What can be the possible red flags of a project? Lack of transparency from developers, lack of community, the token has no use-case at all, and many more. You can do some research about it, but if you see at least 1 red flag, that might be a sign for you to stay away from that project.

Speaking of red flags, there's a very famous meme coin out there that has all the red flags that I see on a project, and yet, it's at the top 100 in terms of market cap. I'm talking about PEPE, and it's surprising TBH to see it like that. I will not invest nor hold on it though.

[Bobcrypto]

To safeguard yourself from crypto scams activities, these step may help avoid these scammers that are going almost uncontrollable.
1.Stay away from phishing sms, emails unknown links.
2. Always asked if you are in doubt of any suspicious emails, links and SMS alerts. Don't assume.
3. Do not exposure your crypto transactions addresses online or advertising your crypto achievements, and be very careful who you discusse sensitive crypto related transactions.

[bitterguy28]

To safeguard yourself from crypto scams activities, these step may help avoid these scammers that are going almost uncontrollable.
1.Stay away from phishing sms, emails unknown links.
2. Always asked if you are in doubt of any suspicious emails, links and SMS alerts. Don't assume.

do not be gullible and always double check the source of emails or texts coming towards you it is usually very easy to check your suspicions unknown numbers or emails must be double checked don’t click on anything they send you unless verified

3. Do not exposure your crypto transactions addresses online or advertising your crypto achievements, and be very careful who you discusse sensitive crypto related transactions.

lots of people think that just because we are using anonymous accounts on the internet, we are safe but there are plenty of ways to hack you even without getting personal information out of you