1.When its value never falls
One feature of currencies, whether digital currencies or official currencies, is the volatility of their exchange rates. As we have mentioned in previous articles, the basic law of the market, which is supply and demand, causes price fluctuations.
You cant make an invest without risk. NEVER
2.It does not have two basic characteristics.
One of them is to have the source code of its software made public.Ιt is not easy for the average user to understand the operating mechanism so we must search on web for more clues for the authenticity of the source code of each cryptocurrency.
The second element that the technology of a digital currency must satisfy is to ensure the controlled supply of currencies. Simply put, there must be a definite stock of units of a cryptocurrency in the market at a given time.
3. Promotion via ponzi schemes.
The famous Ponzi scheme is one of the best ways to see the scams. Lot of profits is just invite others in.
4.Not enough sufficient information about his identity
If the white paper is not clear enough about the coin or just copy from some other coin is scam.
