Topic: be careful with projects that offer you great prizes, that is not a guarantee of - page 4. (Read 1319 times)
November 01, 2019, 05:23:29 PM
Good prices are attractive but I have adopted this strategy of avoiding projects that are too good to be real. I hate burning my fingers unnecessarily
November 01, 2019, 05:20:12 PM
Too much rewards mean the developer is trying to use everything they can to gather money as much as possible regardless how much money actually needed for the project to execute the idea. These kind of project usually gets dumped a lot and as a result people who invest will just ended up having a huge loss. Always choose a project that is reasonable and never ever invest into this kind of project because I've seen a lot of project like this and fail anyway.
A good project is a project that could execute their idea even when the money gathered is just suifficient or enough, that kind of project usually have trusted developers aswell.
A good project is a project that could execute their idea even when the money gathered is just suifficient or enough, that kind of project usually have trusted developers aswell.
November 01, 2019, 05:12:46 PM
Great prizes means there will be a lot of tokens to be dumped immediately after exchange launch which is a bad thing. Investors make this mistake of thinking that they are getting much more from bogus bonuses being offered them.
November 01, 2019, 05:11:37 PM
Good projects do have reasonable rewards as well, every developers must find a way to attract investors so its always part of the plan but if the reward is too good then there is a problem, there is a big chance that the project is a scam
sometimes a person can be easily attracted to a project that gives a high pay and therefore they do not research in it maybe because they see a great and interested interest. we must always do research before joining or we will be trapped and only waste time and capital spentdoing research on a project is very important before entering into a project because the ratio of scam projects in these days are increasing at a greater rate, and we know that all that glitter is not gold so be extremely careful while taking any step because scam projects will always offer something very big that every innocent will attract towards it.
November 01, 2019, 05:04:42 PM
Most of the times, I do not like seeing very low pool of projects, but it is much better than a project that has very large pool and yet nothing good is coming out of it. Some might be scam, while others might just be due to negligence or unprofessional handling of things.
November 01, 2019, 04:39:50 PM
You are very right, as an investor if you want to invest in a project, ensure you do total and complete research to know if the project is worth it, also if you see a project offering very huge bonus, please be watchful ,it could be a way of attracting more investors to the project.
November 01, 2019, 02:45:54 PM
Good projects do have reasonable rewards as well, every developers must find a way to attract investors so its always part of the plan but if the reward is too good then there is a problem, there is a big chance that the project is a scam
sometimes a person can be easily attracted to a project that gives a high pay and therefore they do not research in it maybe because they see a great and interested interest. we must always do research before joining or we will be trapped and only waste time and capital spent 
November 01, 2019, 02:16:56 PM
Never heard of projects offering great "prizes". All they say is that investors will receive some sort of reward. Like a very high amount of extra tokens or something (which is one of the main reason why price of the tokens gets ruined and falls down). People fall for those shitty project looking at those early bird rewards. Once they receive their token, they see that the price gets dumped (probably by the developers themselves) and they lose a lot.
Just don't invest on projects if you are not willing to take huge risks.
Just don't invest on projects if you are not willing to take huge risks.
November 01, 2019, 01:57:41 PM
Good projects do have reasonable rewards as well, every developers must find a way to attract investors so its always part of the plan but if the reward is too good then there is a problem, there is a big chance that the project is a scam
Yes you are right the legit projects always offer such rewards which they can afford and they have a good budget for their projects while the scam projects will always offers such a big rewards they even do not have that amount of budget, so instead of taking decision in hustle we should investigate about the projects and instead of attracting towards them we should check their budget. November 01, 2019, 12:40:49 PM
Good projects do have reasonable rewards as well, every developers must find a way to attract investors so its always part of the plan but if the reward is too good then there is a problem, there is a big chance that the project is a scam
November 01, 2019, 11:24:10 AM
Currently, most new projects in the market that are conducting IEO and ICO are just here to raise some money and leave the project to die at price then blame it on bounty hunters or bearish market. Any project that guarantees a good price after IEO or ICO is most likely a scam, all that did that in the past are all dead.
November 01, 2019, 10:14:27 AM
As our current situation in the bounty campaigns, it is impossible for every project to raise enough money to provide allocated funds in the bounty campaigns. We should not expect too much bounty and do not be blind by their offer.
Analyzing a project is one of our tasks, that's why thinking advance and realizing the possible things to happen and assessing our current situation can help to avoid these kinds of projects.
Indeed there are some projects that offer huge benefits but at the end of the project we cannot get satisfactory results even the time we spend does not match the results, but there are also some projects that offer not lucrative but the results we can satisfy, then we are very difficult to judge a good project for us to follow.
Assessing a project is indeed very difficult, so we need careful analysis in terms of choosing a project, of course it makes no sense if the project offers many benefits to everyone, while they are just starting.Analyzing a project is one of our tasks, that's why thinking advance and realizing the possible things to happen and assessing our current situation can help to avoid these kinds of projects.
November 01, 2019, 10:10:16 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.
in essence, investing in the crypto world is almost the same as investing in real estate or other investments. the risk of loss remains and is also quite large, depending on how the project will proceed. my advice is do not be easily tempted, and I agree with you that the promise of the dev team with a profit of% after we invest and counted in large amounts, in my opinion it is indeed suspicious.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.
especially if it's a new project because they haven't launched the token to the market exchange yet. invest safely by choosing your own based on observations we see the crypto market that currently exists, for example bitcoin, etherum, xrp, or in the list of the top 100. it will be more secure, at least you are not deceived because the coins are already on the market and clearly the capitalization.
November 01, 2019, 09:15:07 AM
Agreed, good projects should not promise huge profit to their investors as it might cause a huge damage to the proejct' reputation. I prefer invest in the projects which are likely to show a natural growth.
well, I am in agreement with you, because a good project is a project that shows the quality and development of their project, not just providing mere profit. 
November 01, 2019, 08:37:43 AM
Indeed there are some projects that offer huge benefits but at the end of the project we cannot get satisfactory results even the time we spend does not match the results, but there are also some projects that offer not lucrative but the results we can satisfy, then we are very difficult to judge a good project for us to follow.
Assessing a project is indeed very difficult, so we need careful analysis in terms of choosing a project, of course it makes no sense if the project offers many benefits to everyone, while they are just starting. November 01, 2019, 08:36:36 AM
Agreed, good projects should not promise huge profit to their investors as it might cause a huge damage to the proejct' reputation. I prefer invest in the projects which are likely to show a natural growth.
November 01, 2019, 08:36:31 AM
One of the scammers trap that is effective is giving great prizes. Usually many are chasing without learning about projects
it was because of the mind diverted by the great prizes. So be careful with projects that offer you great prizes, that is not a
guarantee of. Therefore, before we accept a project, we should study the project carefully so we can conclude these projects
are real or fake. Do not let our vigilance be distracted by the prizes offered.
it was because of the mind diverted by the great prizes. So be careful with projects that offer you great prizes, that is not a
guarantee of. Therefore, before we accept a project, we should study the project carefully so we can conclude these projects
are real or fake. Do not let our vigilance be distracted by the prizes offered.
November 01, 2019, 08:32:14 AM
Yes, I agree with you, we need to be more careful with projects that offer great prizes. because maybe some of the projects are scams. they offer great prizes for dancing us to join in and promote scam projects. and then they run away with investors' money. it's better if you want to participate in a prize campaign project if you choose a project whose manager and team are experienced and honest people. even though the pay isn't great.
November 01, 2019, 08:27:11 AM
Offering high return of profit for their investors i think this is not more than marketing strategy and the devs will do everything to attract investors invest at their projects and the decissions will belongs to the investors themself whether they will invest or not but before being an investors then people should be choose wisely and aware the risk behind it because as you says above nothing is certain in crypto and there is no 100% guarantee safe
November 01, 2019, 08:26:22 AM
Even with the legit investments, they doesn't guarantee you an exact profit. They might give you only a certain amount if the company has proved themselves and operating for a lot of years.
But with projects that are newly launched, when you see that they are offering such tremendous amount for profit, doubt it. Don't bite your greediness because that could be a trap.
But with projects that are newly launched, when you see that they are offering such tremendous amount for profit, doubt it. Don't bite your greediness because that could be a trap.
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