Topic: be careful with projects that offer you great prizes, that is not a guarantee of - page 11. (Read 1336 times)
September 05, 2019, 12:15:08 PM
It is true my friend, everything that is offering you more than 5 percent per month is nothing more than a ponzi scheme. No project in the world is able to purchase 60 percent during a year, so be careful with such guys. It is better to have more projects with lower revenue but legit ones.
September 05, 2019, 12:10:10 PM
yes a large prize will not guarantee you, I personally prefer a standard fund that I mean is a medium fund but of course paying rather than a large fund but it is not certain, not to mention when the project ends sometimes there are budget cuts for participants.
September 05, 2019, 11:48:03 AM
Apparently, i just don't see any reason why one should invest his/her hard earned money to projects that's seems to offer very high prices when they are nothing but scam projects in the end. Take your time and carefully do research before investing your money into any project.
September 05, 2019, 11:40:19 AM
Luring investors with high yield investment plan is very common in crypto space today but there is no one to be blame,not even the scammers or fake developers but the greedy investors, there ars many warning from members that investors must not invest a penny in projects that offers too good to be real returns,obviously they are scam
September 05, 2019, 11:37:57 AM
yes the fact is like that, in this crypto industry there is no full guarantee for you. Even in traditional investment, nothing guarantees you profit. There will be no certainty in future income, and if a project claims their tokens will become more and more expensive over time, it is very likely that they are lying. Of course, that does not mean that they are wrong, however, ensuring that everyone in the inevitable benefit is not responsible, to say the least. If you see a project that claims that your profits will grow tenfold in just six months, it's far more likely to be a good old Ponzi scheme than it really is, as seen in BitConnect.
So, no matter how this promise actually looks, if you see that the project offers you sky-high profits for literally no effort, it probably means that they want to make that profit out of you.
So, no matter how this promise actually looks, if you see that the project offers you sky-high profits for literally no effort, it probably means that they want to make that profit out of you.
There was a time when every tokens yielded profit and people blindly jumped into any project to grab quick profit. But that token bubble is gone and now the crypto markets needs to compete with traditional market in regards of funding and investment. There have been approach to make crypto funding as secure as traditional funding but still there are many things to be achieved.
September 05, 2019, 11:34:35 AM
I have studied something and have realized projects that offer great prizes do not last long. They do that to attract people to invest in their project. Most at times because of the great prizes they give in the beginning, they are not able to continue giving those prizes later on.
often beginners get caught up in projects like that, for me a big prize is not a full guarantee, I say this because learning from experience. I had participated in such a project before but when it was finished, the prize given did not match the agreement at the beginning. well this is a bad experience. September 05, 2019, 09:02:22 AM
I have studied something and have realized projects that offer great prizes do not last long. They do that to attract people to invest in their project. Most at times because of the great prizes they give in the beginning, they are not able to continue giving those prizes later on.
often beginners get caught up in projects like that, for me a big prize is not a full guarantee, I say this because learning from experience. I had participated in such a project before but when it was finished, the prize given did not match the agreement at the beginning. well this is a bad experience. September 05, 2019, 05:39:16 AM
I have studied something and have realized projects that offer great prizes do not last long. They do that to attract people to invest in their project. Most at times because of the great prizes they give in the beginning, they are not able to continue giving those prizes later on.
September 05, 2019, 04:32:39 AM
This business is very easy fraud. They utilize crypto weaknesses because they do not have regulations. So it's easy for them to do scams by offering great prizes and sometimes it doesn't make sense. A project like this is very much, and of course, we have to be vigilant and don't be easily tempted.
Our obligation before joining the ICO project, IEO and STO are to ensure that the project is real.
Our obligation before joining the ICO project, IEO and STO are to ensure that the project is real.
not only the lack of regulation in the crypto world but the lack of knowledge that makes a person fall into the wrong hole. but it is undeniable that many of the current projects look real but they are actually con artists, but you are also right that research is the top priority that we need to do before investing in the project.
yes, a lot of people didn't knew what is this and how it work
thats why a lot of people lose their money in cryptocurrency,,
people should knew, if all kind of investments in risky, including crypto investments
and many people said to DYOR, but the fact thats only words without actions
September 05, 2019, 04:25:06 AM
This business is very easy fraud. They utilize crypto weaknesses because they do not have regulations. So it's easy for them to do scams by offering great prizes and sometimes it doesn't make sense. A project like this is very much, and of course, we have to be vigilant and don't be easily tempted.
Our obligation before joining the ICO project, IEO and STO are to ensure that the project is real.
Our obligation before joining the ICO project, IEO and STO are to ensure that the project is real.
not only the lack of regulation in the crypto world but the lack of knowledge that makes a person fall into the wrong hole. but it is undeniable that many of the current projects look real but they are actually con artists, but you are also right that research is the top priority that we need to do before investing in the project.
September 05, 2019, 04:31:11 AM
i would go as far as saying that any project that is giving you "prizes" is a scam. specially if they sold it to you as an investment that will give you a high return!
of course most of these types of shitcoins get pumped at first and the pumps are big but that doesn't change their scammy nature. you should always stay away from projects that are not providing any real world applications for their product and are only aiming to be traded.
of course most of these types of shitcoins get pumped at first and the pumps are big but that doesn't change their scammy nature. you should always stay away from projects that are not providing any real world applications for their product and are only aiming to be traded.
September 05, 2019, 04:22:03 AM
yes the fact is like that, in this crypto industry there is no full guarantee for you. Even in traditional investment, nothing guarantees you profit. There will be no certainty in future income, and if a project claims their tokens will become more and more expensive over time, it is very likely that they are lying. Of course, that does not mean that they are wrong, however, ensuring that everyone in the inevitable benefit is not responsible, to say the least. If you see a project that claims that your profits will grow tenfold in just six months, it's far more likely to be a good old Ponzi scheme than it really is, as seen in BitConnect.
So, no matter how this promise actually looks, if you see that the project offers you sky-high profits for literally no effort, it probably means that they want to make that profit out of you.
So, no matter how this promise actually looks, if you see that the project offers you sky-high profits for literally no effort, it probably means that they want to make that profit out of you.
in my analysis there is a simple sign, if the dev team always talk about price,, thats mean the project is not good enough
because the team didn't focusing on development but they focused on price,
wich mean when the price rising, they will dump their token as soon as possible and run away
September 05, 2019, 03:57:24 AM
This business is very easy fraud. They utilize crypto weaknesses because they do not have regulations. So it's easy for them to do scams by offering great prizes and sometimes it doesn't make sense. A project like this is very much, and of course, we have to be vigilant and don't be easily tempted.
Our obligation before joining the ICO project, IEO and STO are to ensure that the project is real.
Our obligation before joining the ICO project, IEO and STO are to ensure that the project is real.
September 05, 2019, 03:39:34 AM
I often face that problem, many projects now give participants great prizes, but I doubt that. on the one hand the market is in a weakened situation and this can have a big influence on new crypto users especially beginners. they will think about how to get quick profits by investing in projects that offer big rewards. but I do not recommend that decision.
September 05, 2019, 03:34:59 AM
Totally agree with you. Like everywhere in life in the crypto market there is now any guarantee at all. And if promising of the big gains of projects looks deliscious it's more like red flag, and you should definitely think twice before invest.
September 05, 2019, 03:30:11 AM
I agree with all of your opinion about that but it seems like we are seeing so many scam projects are appearing again to the air. For some people and they may still consider the price as the main consideration before try to join in any campaign or investment. But as far as i know some people are calling that as a big risk investment through put money in a high risk investment place but this is not a recommended idea to do.
But im thinking about what will be your point to create this thread, dude? i know if this thread is much more an awareness thread for everyone but at least i really appreciate what are you saying about that.
If they have product and it can be verified through how much profit generated by its product but if that was not having any product and just throw it to the trashcan.
But im thinking about what will be your point to create this thread, dude? i know if this thread is much more an awareness thread for everyone but at least i really appreciate what are you saying about that.
If they have product and it can be verified through how much profit generated by its product but if that was not having any product and just throw it to the trashcan.
September 05, 2019, 02:47:19 AM
yes first, you need to know that a big prize is not a guarantee for your benefit or the success of a project.. There is a very simple way to determine whether you’re looking at a pyramid scheme or not. If the project in question promises you returns that are higher than their product’s added value, you have all reasons to question the sources of those profits. If you discover that the gain of value comes from more people investing in the product, it’s a very definitive red flag. A responsible project always uses the investment funds to further develop their product, not to pay out some unrealistically high dividends
September 05, 2019, 02:30:58 AM
yes the fact is like that, in this crypto industry there is no full guarantee for you. Even in traditional investment, nothing guarantees you profit. There will be no certainty in future income, and if a project claims their tokens will become more and more expensive over time, it is very likely that they are lying. Of course, that does not mean that they are wrong, however, ensuring that everyone in the inevitable benefit is not responsible, to say the least. If you see a project that claims that your profits will grow tenfold in just six months, it's far more likely to be a good old Ponzi scheme than it really is, as seen in BitConnect.
So, no matter how this promise actually looks, if you see that the project offers you sky-high profits for literally no effort, it probably means that they want to make that profit out of you.
So, no matter how this promise actually looks, if you see that the project offers you sky-high profits for literally no effort, it probably means that they want to make that profit out of you.
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