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Author Topic: Don't trust easily all BSC tokens  (Read 35413 times)

Offline rizqillah

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Re: Don't trust easily all BSC tokens
« Reply #300 on: August 17, 2024, 03:34:04 PM »
Criminals don't care about that. After all, do criminals need to register their fake projects with licensing authorities first? I came across a lot of things like that in the past, even every day, plagiarized WPs, fake registration numbers, team photos from stock sites, etc.
I think tightening the law only complicates honest projects to begin with.
You're right. Criminals will never the fake projects, what for? Criminals don't need any license. Even real projects don't want to get any license because it sometimes makes the difficulty to run the projects. Crypto is mostly a decentralized system, we must do own research as the investors. There will be always a chance of seeing fake WP, fake team identities, fake sites, and the like. So, everyone who wants to invest in crypto projects, they must be careful and do own research firstly. This way may minimize the chance of joining scam projects.
I agree with you, dude. We should do research before deciding to invest in a project, especially new projects, there are many scams there. As you said, we will find fake identities and fake projects that will cheat us. I am more confident investing in old projects that are on top coins.

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Re: Don't trust easily all BSC tokens
« Reply #300 on: August 17, 2024, 03:34:04 PM »

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Offline alogan

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Re: Don't trust easily all BSC tokens
« Reply #301 on: August 17, 2024, 03:53:52 PM »
Lets be realisitic, isnt a problem only at BSC ecossystem, there are plenty of scam attempts at every chain. Sure being a cheap chain might atract more scammers, but well anyone must research before put their money at risk, and if you wanna to risk better try coins already listed at exchanges with reputation... Dex did open the pandora box, as anyone can create a token,  put liquidity and play with that, but well volume can be washed out as well... soo always research!!!

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Re: Don't trust easily all BSC tokens
« Reply #301 on: August 17, 2024, 03:53:52 PM »

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Offline JISAN

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Re: Don't trust easily all BSC tokens
« Reply #302 on: August 17, 2024, 05:49:00 PM »
Criminals don't care about that. After all, do criminals need to register their fake projects with licensing authorities first? I came across a lot of things like that in the past, even every day, plagiarized WPs, fake registration numbers, team photos from stock sites, etc.
I think tightening the law only complicates honest projects to begin with.
You're right. Criminals will never the fake projects, what for? Criminals don't need any license. Even real projects don't want to get any license because it sometimes makes the difficulty to run the projects. Crypto is mostly a decentralized system, we must do own research as the investors. There will be always a chance of seeing fake WP, fake team identities, fake sites, and the like. So, everyone who wants to invest in crypto projects, they must be careful and do own research firstly. This way may minimize the chance of joining scam projects.
I agree with you, dude. We should do research before deciding to invest in a project, especially new projects, there are many scams there. As you said, we will find fake identities and fake projects that will cheat us. I am more confident investing in old projects that are on top coins.
Due to the increase in transaction fees in ETH network, suddenly the demand of BSC network increased and at that time a lot of new projects started coming to Bsc network and still many new projects are coming to bsc network and scammers use this opportunity to bring projects using bsc network. So to stay away from scam projects a lot of research has to be done

On the other hand, market conditions have both good and bad sides. So even though many legal projects come in the market, not all projects can be successful. So many times, even if you invest in a very good project, you can't profit from it and there is a loss. So to profit from a new project or a new coin, you must become an expert.
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Offline nakmantu99

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Re: Don't trust easily all BSC tokens
« Reply #303 on: August 17, 2024, 05:59:28 PM »
Criminals don't care about that. After all, do criminals need to register their fake projects with licensing authorities first? I came across a lot of things like that in the past, even every day, plagiarized WPs, fake registration numbers, team photos from stock sites, etc.
I think tightening the law only complicates honest projects to begin with.
You're right. Criminals will never the fake projects, what for? Criminals don't need any license. Even real projects don't want to get any license because it sometimes makes the difficulty to run the projects. Crypto is mostly a decentralized system, we must do own research as the investors. There will be always a chance of seeing fake WP, fake team identities, fake sites, and the like. So, everyone who wants to invest in crypto projects, they must be careful and do own research firstly. This way may minimize the chance of joining scam projects.
I agree with you, dude. We should do research before deciding to invest in a project, especially new projects, there are many scams there. As you said, we will find fake identities and fake projects that will cheat us. I am more confident investing in old projects that are on top coins.
I myself have also experienced being cheated on a new project, the dev disappeared and I lost because the token price dropped drastically. Now I no longer invest in new projects because they are too risky, I prefer old projects that already have a good reputation.

Offline MUGNIA

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Re: Don't trust easily all BSC tokens
« Reply #304 on: August 17, 2024, 06:32:33 PM »
Criminals don't care about that. After all, do criminals need to register their fake projects with licensing authorities first? I came across a lot of things like that in the past, even every day, plagiarized WPs, fake registration numbers, team photos from stock sites, etc.
I think tightening the law only complicates honest projects to begin with.
You're right. Criminals will never the fake projects, what for? Criminals don't need any license. Even real projects don't want to get any license because it sometimes makes the difficulty to run the projects. Crypto is mostly a decentralized system, we must do own research as the investors. There will be always a chance of seeing fake WP, fake team identities, fake sites, and the like. So, everyone who wants to invest in crypto projects, they must be careful and do own research firstly. This way may minimize the chance of joining scam projects.
I agree with you, dude. We should do research before deciding to invest in a project, especially new projects, there are many scams there. As you said, we will find fake identities and fake projects that will cheat us. I am more confident investing in old projects that are on top coins.

Not minimizing one project, but it has been researched carefully, we can still be fooled by fraudsters there, currently crypto projects are very vulnerable to fraud, so the key is to be more careful, never put all your money in a new project.

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Re: Don't trust easily all BSC tokens
« Reply #305 on: August 21, 2024, 01:52:26 PM »
I myself have also experienced being cheated on a new project, the dev disappeared and I lost because the token price dropped drastically. Now I no longer invest in new projects because they are too risky, I prefer old projects that already have a good reputation.

You are not the first and not the last who lost money on such projects (one-day projects) of which hundreds are invented every day, this is a priority not only for the BSC blockchain, this happens to all blockchain users, you need to understand that 99% of projects are a scam without any future and they can be very competently made and seem like the real thing, you should know and understand this when you try to make money on them, you can of course make money but not always a lot and not always at all, you need to understand such a (fraudulent) market very well and not enter such projects for large amounts of money that you are not ready to lose, there it is essentially like in a casino but with knowledge it can be turned into earnings.

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Re: Don't trust easily all BSC tokens
« Reply #306 on: September 02, 2024, 06:31:52 AM »
It seems that it's not just from BSC tokens because tokens from various coins are also many that become Scams, I noticed from Ethereum there are also tokens that end up being Scams or have no value at all. We just have to be careful so that our funds are safe in crypto because hackers are now sophisticated and their knowledge is much smarter than ours.
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Re: Don't trust easily all BSC tokens
« Reply #306 on: September 02, 2024, 06:31:52 AM »


Offline Vision pro

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Re: Don't trust easily all BSC tokens
« Reply #307 on: September 03, 2024, 03:00:42 PM »
You're absolutely right scammers are always on the lookout for opportunities in the crypto space, especially on platforms like Binance Smart Chain and ERC-20 tokens. The decentralized nature of these platforms makes it easier for anyone to launch a project, which unfortunately includes malicious actors.Always take the time to research a project before investing. Look into the team behind the project, their track record, and their community. Check if the project has been audited by reputable firms.

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Re: Don't trust easily all BSC tokens
« Reply #308 on: September 04, 2024, 07:20:44 AM »
It seems that it's not just from BSC tokens because tokens from various coins are also many that become Scams, I noticed from Ethereum there are also tokens that end up being Scams or have no value at all. We just have to be careful so that our funds are safe in crypto because hackers are now sophisticated and their knowledge is much smarter than ours.
it's true that not only tokens that use the binance smart chain network end up scams, the ethereum network, Solana also has many fake tokens. We should always be careful, because scammers will always exist.

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Re: Don't trust easily all BSC tokens
« Reply #309 on: September 04, 2024, 03:54:18 PM »
It seems that it's not just from BSC tokens because tokens from various coins are also many that become Scams, I noticed from Ethereum there are also tokens that end up being Scams or have no value at all. We just have to be careful so that our funds are safe in crypto because hackers are now sophisticated and their knowledge is much smarter than ours.
it's true that not only tokens that use the binance smart chain network end up scams, the ethereum network, Solana also has many fake tokens. We should always be careful, because scammers will always exist.
Actually, I really agree that almost all networks will always have fraud. Indeed, because the BSC network is very famous and often used. The most is on this network. But it all depends on us to respond to this, because the information available on almost all platforms has said something about this, so we just have to manage not to be tempted and deceived by it.

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Re: Don't trust easily all BSC tokens
« Reply #310 on: September 04, 2024, 05:46:35 PM »
Actually, I really agree that almost all networks will always have fraud. Indeed, because the BSC network is very famous and often used. The most is on this network. But it all depends on us to respond to this, because the information available on almost all platforms has said something about this, so we just have to manage not to be tempted and deceived by it.
Currently most of network easily have fraud between Binance smart chain and Polygon network, both network are easily for receiving many kinds of scam coins in our wallet after few second make transaction. I think many people have been smart right now when receiving fake token in their wallet and not interested yet although checking on explore how much estimation of their wallet assets after receiving scam token.
For trader or investor active using both network above I think have much experience for receiving new scam token and ignore it without checking price or try to sell.

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Re: Don't trust easily all BSC tokens
« Reply #311 on: September 04, 2024, 11:24:04 PM »
Actually, I really agree that almost all networks will always have fraud. Indeed, because the BSC network is very famous and often used. The most is on this network. But it all depends on us to respond to this, because the information available on almost all platforms has said something about this, so we just have to manage not to be tempted and deceived by it.
Currently most of network easily have fraud between Binance smart chain and Polygon network, both network are easily for receiving many kinds of scam coins in our wallet after few second make transaction. I think many people have been smart right now when receiving fake token in their wallet and not interested yet although checking on explore how much estimation of their wallet assets after receiving scam token.
For trader or investor active using both network above I think have much experience for receiving new scam token and ignore it without checking price or try to sell.
Scammmers always do many things like sending fake tokens to our wallet, currently many networks are used by scammers binance smart chain, polygon, solana, and even ethereum also has scammers. so we have to be careful and check the tokens that are not known.

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Re: Don't trust easily all BSC tokens
« Reply #312 on: September 09, 2024, 03:32:12 PM »
In my opinion, not only on BSC, but almost every platform in the name of Altcoin tries to steal your coins with the promise of big profits. Don't easily believe platforms that use the name of Altcoin by promising big profits. But do a market price analysis and keep Be careful with unofficial links
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Offline yohananaomi

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Re: Don't trust easily all BSC tokens
« Reply #313 on: September 11, 2024, 03:20:34 PM »
Actually, I really agree that almost all networks will always have fraud. Indeed, because the BSC network is very famous and often used. The most is on this network. But it all depends on us to respond to this, because the information available on almost all platforms has said something about this, so we just have to manage not to be tempted and deceived by it.
Currently most of network easily have fraud between Binance smart chain and Polygon network, both network are easily for receiving many kinds of scam coins in our wallet after few second make transaction. I think many people have been smart right now when receiving fake token in their wallet and not interested yet although checking on explore how much estimation of their wallet assets after receiving scam token.
For trader or investor active using both network above I think have much experience for receiving new scam token and ignore it without checking price or try to sell.
Scammmers always do many things like sending fake tokens to our wallet, currently many networks are used by scammers binance smart chain, polygon, solana, and even ethereum also has scammers. so we have to be careful and check the tokens that are not known.
Indeed, their work is like that and no one can prevent the behavior that is done. Everything is returned to us to protect ourselves from anything that might be a trap to get what we have. As long as he only sends fake coins, of course, there is no need to be afraid, because we can check whether the coins sent are really valuable or not.
I think almost all networks have been used, especially the bsc network, which is the most because it is widely used and easy.

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Re: Don't trust easily all BSC tokens
« Reply #314 on: September 14, 2024, 11:57:13 PM »
It seems that it's not just from BSC tokens because tokens from various coins are also many that become Scams, I noticed from Ethereum there are also tokens that end up being Scams or have no value at all. We just have to be careful so that our funds are safe in crypto because hackers are now sophisticated and their knowledge is much smarter than ours.
it's true that not only tokens that use the binance smart chain network end up scams, the ethereum network, Solana also has many fake tokens. We should always be careful, because scammers will always exist.
Yes, there are many shit tokens on various networks, starting from the ERC20 network first, then BSC, then Solana, and then maybe TON and later there will be more depending on which network is currently hype. Because usually scammers or project creators will take advantage of the hype opportunity from the network that is currently trending. Be careful.

 

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