Hello! Here we are at the juiciest part — how not to give money to fraudsters. The Slowmist service annually records losses from crypto scams at $10+ billion. But 99% of them could have been detected in no time. Here’s my detective checklist.

Feature 1: Too Sweet Promises 🍯

What they say: "Guaranteed return of 5% per day!", "Earn 1000% without risk!". Reality: There is no guaranteed profit in the world. If such schemes worked, the creators would take loans and quietly get rich, rather than looking for investors. Your answer: Run. Run without looking back.

Sign 2: Anonymous team 👤

What to look for: No names, photos, or links to LinkedIn of real people. Excuses: 'We are a decentralized project, we don't care who we are.' Lies. Serious projects are always proud of their team. Life hack: Check who owns the domain of the website (whois). If the data is hidden — red flag!

Sign 3: Pressure and deadlines ⏰

What they write: 'Hurry up and buy tokens before the end of the week at a low price!! 50% discount only today!'. Goal: Create hype and disable your logic. Normal projects do not rush. Protective phrase: 'If the offer is really advantageous, it will be valid tomorrow as well.'

Sign 4: Free cheese in a mousetrap 🧀

What they offer: 'Send 0.1 ETH to this wallet and get 2 ETH back!'. Scam: Classic. Works only one way — theirs. Rule: Never send crypto to strangers anywhere. Never.

Your action plan for 5 minutes:

1. Google the project name + 'scam', 'review', 'fraud'.

2. Check if the project is on CoinMarketCap or CoinGecko.

3. Look at the Whitepaper (technical documentation). At least the table of contents!

4. Check their social networks. If there are only screams of 'MOON!' and pictures of money — it's a cult, not a project.

Conclusion: Trust, but verify (DYOR — Do Your Own Research). Your money — your responsibility.

Have you already encountered an outright scam? 🕵️‍♂️ Share your story in the comments — warn others! Like if you now feel more confident, and wait for the final guide: cryptocurrencies in simple terms without complicated jargon.

#howtorecognizescam #cryptosafety #scammers #blockchain #investments #dyor


P.S. Remember: if an offer seems too good to be true — it is.