How to check crypto scams

Discussion in 'Crypto Assets' started by Drawdown Addict, Feb 19, 2025.

  1. Are you advertising yourself as a sniper?
     
    #11     Feb 20, 2025
  2. Tokenz

    Tokenz

    Hey! I have an idea....

    How about just don't buy any newly released crypto and you won't have to worry about scams?!!!

    It's litterally that easy...

    All these people you see complaining that they lost money on all this Trump token and Argentina rug pulling crap, Hawk Tua coin, are the same people that can't figure out why they don't ever win the lottery. There shouldn't have to be rules or regulations or scam detectors for this. Just don't do anything stupid and you'll be fine...
     
    #12     Feb 20, 2025
    Ed48 and Drawdown Addict like this.

  3. You know what, I agree with you on this one.

    If they buy shitcoins they deserve whatever happens to them.
     
    #13     Feb 20, 2025
    Tokenz likes this.
  4. Interesting insight on how these scams operate! Always important to research before investing in any crypto project.
     
    #14     Feb 20, 2025
  5. traderjo

    traderjo

    Yes futures at regulated exchanges but be careful which broker/ FCM you use and in which jurisdiction, If US Futures brokers go belly up no SIPC protection for client money ( MF Global as an example) , UK FCA is perhaps the best ( up to 85,000 Pounds)
     
    #15     Feb 25, 2025
  6. traderjo

    traderjo

    What is a shiotcoin? is it something anybody can create by a 2 page ICO
     
    #16     Feb 25, 2025
  7. #17     Feb 25, 2025
  8. Checking for crypto scams can be tricky, but there are a few key things to watch out for. First, always be cautious of promises that sound too good to be true, like ‘guaranteed returns’ or ‘no-risk’ opportunities. Scammers often prey on new traders by making these kinds of bold claims. It’s also really important to research the project, look at their website, check if they have a legitimate team behind it, and if the project is listed on trustworthy platforms. If they don’t have clear contact information or seem secretive, that’s a red flag.
     
    #19     Mar 26, 2025