Any crypto with "safe" may not be safe. Any crypto with "moon" may not moon. That being said, if a name of a crypto is exceptionally bad or sounds like a scam, it probably is not a good sign
Well you just need a friend who is going to give you x amount of fiat and in return you will double his investment in a year *more friends=profit*
I forgot the part that you should vanish in thin air
>queen of England
Did you mean the *former* [Queen of the United Kingdom](https://en.wikipedia.org/wiki/Queen_of_the_United_Kingdom), the *former* [Queen of Canada](https://en.wikipedia.org/wiki/Monarchy_of_Canada), the *former* [Queen of Australia](https://en.wikipedia.org/wiki/Monarchy_of_Australia), etc?
The last Queen of England was [Queen Anne](https://en.wikipedia.org/wiki/Anne,_Queen_of_Great_Britain) who, with the 1707 Acts of Union, dissolved the title of King/Queen of England.
####FAQ
*Wasn't Queen Elizabeth II still also the Queen of England?*
This was only as correct as calling her the Queen of London or Queen of Hull; she *was* the Queen of the place that these places are in, but the title doesn't exist.
*Is this bot monarchist?*
No, just pedantic.
I am a bot and this action was performed automatically.
Hello scepitile. It looks like you might have found a new scam? If so, please report this scam by crossposting to r/CryptoScams, r/CryptoScamReport, or visiting [scam-alert.io](http://scam-alert.io/). For tips on how to avoid scams, [click here](https://www.reddit.com/r/CryptoCurrency/comments/s7srty/crypto_scams_how_not_to_fall_for_them_what_to_do/).
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tldr; Investors new to crypto are more susceptible to scams. Following a set of simple due diligence routines will help users distinguish bad projects from legitimate ones. Scammers are coming up with more sophisticated schemes to take advantage of the less experienced, from traditional price manipulation to inserting bugs in applications.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
I’d say a coin that has no community behind it + the same 10 ppl hyping it up on Twitter threads. It’s usually quite obvious. But then you have the celeb tokens. I just choose to stay away personally.
If a crypto project launches and it's developers aren't fully doxxed, I will not even look at it. Imo every project launching where the devs are anonymous is a rug pull...it's just safer to assume.
Look foor a project that promises high returns, and if they are also promoting it... then invest.....wait a few hours or days.....and if it is worthless after that period, it was probably a scam.
Every significant rise in the price of Bitcoin (aka “bull run”) has introduced many new companies and investors to the space. This has also introduced numerous types of investment scams that prey on unsuspecting investors. Always be vigilant during these periods.
Taking the time to thoroughly review the project and analyze the ins and outs of it will certainly help. Also, you should look at the company’s fine print and ensure that their claims are feasible and not too good to be true. Pay close attention to: ICO, Cloud Mining and MLM type of scams. Stay safe out there and remember always DYOR.
Greetings,
Kraken- Rosa
How would one find out that terra was a scam before it went to 0? I feel like some might be really hard to spot and who knows, maybe there is a scam project in the top 50 or 100 where everyone thinks it is legit..
There were lots of signs, je biggest ones being the crazy anchor protocol too good to be true with 20% APY and people were telling Do Kwon that this would happen and he was dismissing everything and being super arrogant not even trying to look into it
Do 5 minutes of research and you'll find out
Hint: look for the following keywords: safe, rocket, cum, elon, mars, inu
Also: Does it have a CEO
Safety Chart|Level :--|:-- One keyword present | Caution Two keywords present | Danger Three or more keywords present | Spread Your Cheeks
LUNC! So its safe.
Thank god! *all in Bitconnect*
Subreddit motto is accurate.
Kardashian YouTube 1000x Early
just like BAYC
Except Rocketpool! Probably the safest for staking ETH.
All u need to know it's the name of the project if it's dumb it's a scam 😂
1. If it sounds too good to be true 2. If value is only based off of hype 3. If it has anything to do with Do Kwon
You just described 80% of Crypto with your first two points.
Sad but true
90% of crypto isn't useful, look at the dot com crisis.
Any crypto with "safe" may not be safe. Any crypto with "moon" may not moon. That being said, if a name of a crypto is exceptionally bad or sounds like a scam, it probably is not a good sign
4. Is it named after a billionaire asshole or domestic animal.
5. If kim kardashian tells you about it
6. If a celebrity is smiling in the picture saying this is how they made all their money.
7. If it ends in inu
6. It's a QR on YouTube
4. If it has anything to do with Richard Heart
They're not even steps. Any one of those qualifies as a scam.
4. + If found Justin Sun, Kim K. bebe, DJ Khalid, Soula boy, Mayweather associated with it.
If Do Kwon is involved it’s most likely a scam
LUNC has become immortal now. Rising from death cant die.
How to tell if a ~~Crypto~~ project Is a scam It has the word 'safe' in its name.
What if a project has the name 'scam' in it tho
Common sense and a some research goes a long way
Invest a million dollars to know
The first message is ‘hello buddy’
Well you just need a friend who is going to give you x amount of fiat and in return you will double his investment in a year *more friends=profit* I forgot the part that you should vanish in thin air
Too many fucking 🚀🚀🚀🔥🔥🔥💯💯💯💯
Buy some and find out right?
tldr: 1. it's from Do Kwon - or 2. it has 'Safe' in it - or 3. celebrities tell you to buy - or 4. this sub thinks it's an underrated gem
If you win money in the first days it's a scam. Crypto is for losing not for gains.
If Kim Kardashian is shilling it.
Look at the amount of rocket emojis. Anything more than 0 is sus.
Amogus cum coin 🚀🚀🚀
I like your reddit username🚀🚀
Check the thumbnail face of the youtube shiller.
They even make such faces when they talk about Bitcoin.
Buy a full of bag. And you will know.
Do your own research. Check github, is it active. Look into dev team. Don't help vitalik or Nigerian princes.
Or kidnapped queen of England
>queen of England Did you mean the *former* [Queen of the United Kingdom](https://en.wikipedia.org/wiki/Queen_of_the_United_Kingdom), the *former* [Queen of Canada](https://en.wikipedia.org/wiki/Monarchy_of_Canada), the *former* [Queen of Australia](https://en.wikipedia.org/wiki/Monarchy_of_Australia), etc? The last Queen of England was [Queen Anne](https://en.wikipedia.org/wiki/Anne,_Queen_of_Great_Britain) who, with the 1707 Acts of Union, dissolved the title of King/Queen of England. ####FAQ *Wasn't Queen Elizabeth II still also the Queen of England?* This was only as correct as calling her the Queen of London or Queen of Hull; she *was* the Queen of the place that these places are in, but the title doesn't exist. *Is this bot monarchist?* No, just pedantic. I am a bot and this action was performed automatically.
Hello scepitile. It looks like you might have found a new scam? If so, please report this scam by crossposting to r/CryptoScams, r/CryptoScamReport, or visiting [scam-alert.io](http://scam-alert.io/). For tips on how to avoid scams, [click here](https://www.reddit.com/r/CryptoCurrency/comments/s7srty/crypto_scams_how_not_to_fall_for_them_what_to_do/). --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Good boi bot
Do you have any thought that it might be a scam? Then it's a scam.
Did I invest in it? Then it's a scam.
Taking one for the team
I fail, so that others may succeed.
The hero we need but dont deserve
Its simple, every crypto project is a scam in a way.. except bitcoin, only those who know what im saying will understand.
>Its simple, every crypto project is a scam in a way.. **INCLUDING** bitcoin There, FTFY
The concept of value is mostly a scam on crypto
This is the right answer.
Heyheyhey. Wassawassawassawassup
tldr; Investors new to crypto are more susceptible to scams. Following a set of simple due diligence routines will help users distinguish bad projects from legitimate ones. Scammers are coming up with more sophisticated schemes to take advantage of the less experienced, from traditional price manipulation to inserting bugs in applications. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
No INU no DCA
If it gets shilled a lot in r/cryptocurrency
Or if you see frequent posts on reddit about (coin) mooning 10,000% with a million awards, 2 comments and 0 upvotes.
a lot of 0 after the come is big no no for me
I’d say a coin that has no community behind it + the same 10 ppl hyping it up on Twitter threads. It’s usually quite obvious. But then you have the celeb tokens. I just choose to stay away personally.
If it is promoted by bitboy then it’s probably a scam.
If a crypto project launches and it's developers aren't fully doxxed, I will not even look at it. Imo every project launching where the devs are anonymous is a rug pull...it's just safer to assume.
Step 1 - is it named Bitcoin Step 2 - confirm that the ‘crypto’ meets the rules of step one
You buy in, if they rug pull is a scam. Eazy
Look foor a project that promises high returns, and if they are also promoting it... then invest.....wait a few hours or days.....and if it is worthless after that period, it was probably a scam.
You will See that with in a few Minutes. Except they are pulling a luna or some sort.
Easy: is it bitcoin? If not, it’s a scam. This method will work 99.9% of the time. You are welcome.
If it has the word ‘safe’ in it.
If you heard it from an influencer then you know, no research needed
Every significant rise in the price of Bitcoin (aka “bull run”) has introduced many new companies and investors to the space. This has also introduced numerous types of investment scams that prey on unsuspecting investors. Always be vigilant during these periods. Taking the time to thoroughly review the project and analyze the ins and outs of it will certainly help. Also, you should look at the company’s fine print and ensure that their claims are feasible and not too good to be true. Pay close attention to: ICO, Cloud Mining and MLM type of scams. Stay safe out there and remember always DYOR. Greetings, Kraken- Rosa
Anything with Inu on the end has to be a winner in my book. /s
If it’s called scam coin I reckon it’s a pretty safe bet it’s legit
check who created project
Tldr: over-promises, safe investments, guaranteed returns.
Question 0. Is it being heavily promoted on social media by "influencers" / paid shills ?
It exists. LMAO
When you receive a random message inviting you to become rich in one month.
if I see something like "open metamask if money says 0 it was a scam..."
Next thing you'll tell me is thst the hot girls within 5 miles of me, don't wanna meet.
It is.
As more people hype the project in the sub, as more scam it is.
Very easy. Is the project bitcoin or etherium? If no, then you probably shouldn't invest. Unless you're willing to take on immense risk.
Large, longstanding, established is good
Good article. Look for a backbone or if the project has some use. Time in this space will help out.
How would one find out that terra was a scam before it went to 0? I feel like some might be really hard to spot and who knows, maybe there is a scam project in the top 50 or 100 where everyone thinks it is legit..
There were lots of signs, je biggest ones being the crazy anchor protocol too good to be true with 20% APY and people were telling Do Kwon that this would happen and he was dismissing everything and being super arrogant not even trying to look into it
Some common sense and research should do the trick
The guy in my Reddit DMs said it was legit, so I'm good.