isn't it common sense to avoid scam projects?

[Istiak]

people are calling projects scam even if they are not but doing a proper due diligence would indeed weed out most of the actual malicious scam projects, still, a reality is that some of them are so elaborate and well put together that it is hard to notice any red flags on the initial sweep, so even with "common sense", you are still exposed to some risk.

[Coin63@]

people are calling projects scam even if they are not but doing a proper due diligence would indeed weed out most of the actual malicious scam projects, still, a reality is that some of them are so elaborate and well put together that it is hard to notice any red flags on the initial sweep, so even with "common sense", you are still exposed to some risk.

It's very hard to identify scam projects. Everywhere in bitcointalk and Altcoinstalks forum scam bounty campaign project. But market situations are responsible for making projects scam.

[Delgboke]

There are many risk in the cryptocurrency platform, it is a common sense to avoid scam projects but it's very difficult to know which project that is actually a scam projects.

[masterrex]

people are calling projects scam even if they are not but doing a proper due diligence would indeed weed out most of the actual malicious scam projects, still, a reality is that some of them are so elaborate and well put together that it is hard to notice any red flags on the initial sweep, so even with "common sense", you are still exposed to some risk.

For the sake argument I think in crypto scam is the part of the game, and its everyone's job as an investors to act accordingly with due diligence you know why its because cryptocurrency is promoting to be a private, anonymous etc. and most of scammers are using this alibis to hide its identity, that's why if you found out that the project is shady in nature just keep away. i think that's the best thing to do.

[Seerge]

When there was a Cryptocurrency project in the first place, many investors benefited from their participation in the Cryptocurrency project. But after so many SCAM Cryptocurrency projects that currently make them traumatized. Even many who did not do the research test thoroughly then said that currently the Crypto project was all SCAM. Although actually not all. But the reality now is that we have difficulty finding potential projects, if not SCAM then later if the token enters the market the price will be destroyed.

[I-Bit]

It is very difficult to avoid scam projects. They are all professional and the projects seem to be legit also. In this case, try to analyze deeper into the team, projects, community, and also the reality of the projects. But, many people want to help others by giving a warning when they know scams.

[aji678]

people are calling projects scam even if they are not but doing a proper due diligence would indeed weed out most of the actual malicious scam projects, still, a reality is that some of them are so elaborate and well put together that it is hard to notice any red flags on the initial sweep, so even with "common sense", you are still exposed to some risk.

It's very hard to identify scam projects. Everywhere in bitcointalk and Altcoinstalks forum scam bounty campaign project. But market situations are responsible for making projects scam.

identify the project that is needed in this case and accuracy so as not to be carried over by the scam-indicated project.
for me the market situation affects the price.

[pelana vreo]

Doing research for each new project is needed, a road map and whitepaper of a new project are needed, if you see almost the same ideas from the previous project then you can ask why this project has almost the same ideas and future or long-term goals of new project they are build

[tk808]

Not really and at the same time somewhat. Most highly clever projects know how to cover their trails. There's only so much information or conclusions one can draw from "scam project's or Ponzi schemes." Bitconnect was one perfect example, but even then there were a lot of skeptical community members.


The best thing to do is follow a project closely and monitor feedback and how the team responds; and their presented information.

[WhiskeyHoney]

Most scam cries are not true. Often people themselves are to blame, for example, they were hacked, and then they blame everyone, but not themselves.

[Fenix]

Cryptocurrency is anonymity and financial risk. Moreover, not only because of the high level of fraud in it, but also because of its high price volatility. In this situation, you must either take the possible risks, or leave the world of cryptocurrency.
At the same time, cryptocurrency continues to develop rapidly. The market and states will find ways to deal with fraudsters, but the volatility of the cryptocurrency seems to remain.

[shadowdio]

It is really difficult to know if that project is a scam, because you know some of them looks legit, but a scam to the end.. It is really risky to invest in ICOs or a newly coin.

[trauchot]

If you want to invest in some kind of cryptocurrency project, then you need to study it completely for some time, because scammers can very well cover their tracks and you will won’t find anything until the company’s team will disappear with money.

[Jaephoenix]

Easier said than done. Some projects come out as cute and loveable and then they suddenly show their color.I have fallen victim severally
 

[Lillian]

Investing in cryptocurrencies or anything else requires analytical skills, perseverance and time to get rich fast. And the most important factor is that you choose a reputable place to deposit your money and feel secure to invest.