be careful with projects that offer you great prizes, that is not a guarantee of - page 5.

jootn2kx

full member

Activity: 378

Merit: 101

Estimated.Pro - Crypto Signals. Free.

Quote from: Seghokendil on 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.

Projects that focus on money (rather than tech and solving some real-world problem) to attract investors are scams by default in my eyes. It's the first and most obvious red flag. With thousands of coins out there, no sensible developer would dare claim that their coin will see a price increase. They can hope it will, sure. They should, their project's future may very well depend on it. But to openly claim it — nah, I'm not buying it.

jcarlo

member

Activity: 798

Merit: 10

Quote from: stephanirain on November 01, 2019, 07:31:10 AM

Quote from: Seghokendil on 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.

If the deal is too good to be true, then it is normal to start doubting the legitimacy of the project. I always look forward on realistic promises of the project instead of the projects that always say that you can earn XXX times if you invest on them. It is important to understand that you can only earn a lot if you bought the coin in one of its lowest price and then a bull run happened for that coin. The chances are slim and even if the prices go up, it's not as much as you initially expected.

It's a little suspicious when a project gives a big bonus, even though it is common to attract investors. In the midst of market conditions that are currently not good, new projects are competing to attract investors and one way is to provide a large bonus, but if we do not do research in advance on the project, we could be exposed to fraud

Bonwin

member

Activity: 798

Merit: 38

There have been series of projects, where the developers would have already stated the expected price on exchange. Most times, particularly the ones that I have witnessed. They all failed. Projects like that end up as scam
.
One thing I believe in is that, the market determines the price.

stephanirain

sr. member

Activity: 756

Merit: 257

Freshdice.com

Quote from: Seghokendil on 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.

If the deal is too good to be true, then it is normal to start doubting the legitimacy of the project. I always look forward on realistic promises of the project instead of the projects that always say that you can earn XXX times if you invest on them. It is important to understand that you can only earn a lot if you bought the coin in one of its lowest price and then a bull run happened for that coin. The chances are slim and even if the prices go up, it's not as much as you initially expected.

Ailmand

hero member

Activity: 1274

Merit: 519

Coindragon.com 30% Cash Back

Such offer from developers is part of the marketing plan. Each project are somewhat designed to attract investors so I guess projects always promote their project that way, of course that is aside from promoting the product or the service it self. That is why investors should always do their reaearch and mudt have a good judgement whether if what is written in the white paper can be achieved by the team.

Rampagoe004

sr. member

Activity: 1624

Merit: 339

https://duelbits.com/

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.

Bim abk

sr. member

Activity: 896

Merit: 251

Quote from: trauchot on November 01, 2019, 06:31:59 AM

It’s absolutely true that when any cryptocurrency projects promise huge profits in the future, it’s better to bypass such projects and just watch them from time to time, so that they really can achieve what they promised or not, and in general such projects are usually scam and better just ignore them.

projects that provide large prizes may have an effect on market prices because price dumps can occur. plus investors will reduce interest if the percentage of prizes is large, therefore you should look for projects that provide sufficient pay and also have potential in the future. because the projects give big rewards, sometimes they cannot survive in the future

trauchot

member

Activity: 1764

Merit: 10

It’s absolutely true that when any cryptocurrency projects promise huge profits in the future, it’s better to bypass such projects and just watch them from time to time, so that they really can achieve what they promised or not, and in general such projects are usually scam and better just ignore them.

Landak

hero member

Activity: 1386

Merit: 503

Quote from: llecrf on October 31, 2019, 08:36:12 PM

Quote from: meliodas on October 31, 2019, 08:17:49 PM

When it is too good to be true then it is a scam. Don't be greedy when it comes to joining into projects and do your research first before investing your time, effort and money into something. There is a lot of scams out there and it is not worth of your time so you better educate yourself first on the things that you need to check before you get in.

As I have seen in several new projects, team members are always active and carry out all their activities, but their obligation to pay for the work of the bounty hunters are always postponed if the price of their altcoins starts to decline.
doing research is a good thing, but luck is always needed because some new projects always make changes about the distribution date of the altcoin they provide for the bounty campaign

An active team but can't provide good innovation and update, it's useless.
they delay it might be the purpose is to reduce the worst conditions. Although the distribution was postponed or not, in fact the project conditions were indeed bad. we lose.
it's better if we join a project where the prizes are normal and not many and not small, big prizes have many problems in the end.
btw, if we think about it, indeed everything can't guarantee.

Google+

hero member

Activity: 2464

Merit: 550

Leading Crypto Sports Betting & Casino Platform

indeed, at the moment there are many projects that offer very high prizes and many are scams, many participants are deceived like that, some time ago I have experienced an event like this, you better find more information before you become a participant in a new project so that you can avoid fraud like that which makes many people suffer losses.

secretgirl

sr. member

Activity: 798

Merit: 250

BabelFish - FISH Token Sale at Sovryn

Quote from: karanggatak on October 31, 2019, 09:27:16 PM

Quote from: Seghokendil on 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.

yes, you are right to say, there is no full guarantee when we work on a project, whether they will keep their promises or not. You say that a project that promises huge rewards without effort is too easy, it is possible that the project just wants to take advantage of us. even for a project that promised to give reasonable rewards, many also lie for now. therefore we must be good at doing research first before we participate in a project.

I strongly agree with your opinion, there is no guarantee that can be ascertained to know that the project will provide rewards to us, when the project is over. in the past I also felt cheated by a project, even though I had researched the development team beforehand and I thought the project was good, but I did not get a reward when the project ended. but all that I'm not too sorry, maybe I'm still not lucky. In essence, we must continue to try our best to see and research the projects that you will participate in, because by doing so you have minimized the level of fraud against you.

Aabcde

sr. member

Activity: 1050

Merit: 256

Giving a big prize is a trick of their marketing so that someone wants to join. Personally, giving bonuses to new members or new investors is a lack of confidence in the project. Because what they sell is a bonus not a good idea and product. From this, it is clear that they just want to make you tempted and will take your money. Don't be small fish who want to get the big lure because of it just greed, but be a whale, eat small objects and be big.

karanggatak

hero member

Activity: 1106

Merit: 506

Quote from: Seghokendil on 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.

yes, you are right to say, there is no full guarantee when we work on a project, whether they will keep their promises or not. You say that a project that promises huge rewards without effort is too easy, it is possible that the project just wants to take advantage of us. even for a project that promised to give reasonable rewards, many also lie for now. therefore we must be good at doing research first before we participate in a project.

ableh

sr. member

Activity: 498

Merit: 251

CryptoTalk.Org - Get Paid for every Post!

Quote from: Seghokendil on 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.

yes it is true, projects that given a lot of purchase bonuses and promise high profit returns, after the ICO ends most of them have no value. Even their tokens have never been listed on the central exchange, even though they have been running for more than 6 months since ICO ends.

llecrf

jr. member

Activity: 420

Merit: 1

Quote from: meliodas on October 31, 2019, 08:17:49 PM

When it is too good to be true then it is a scam. Don't be greedy when it comes to joining into projects and do your research first before investing your time, effort and money into something. There is a lot of scams out there and it is not worth of your time so you better educate yourself first on the things that you need to check before you get in.

As I have seen in several new projects, team members are always active and carry out all their activities, but their obligation to pay for the work of the bounty hunters are always postponed if the price of their altcoins starts to decline.
doing research is a good thing, but luck is always needed because some new projects always make changes about the distribution date of the altcoin they provide for the bounty campaign

meliodas

sr. member

Activity: 742

Merit: 329

CryptoTalk.Org - Get Paid for every Post!

When it is too good to be true then it is a scam. Don't be greedy when it comes to joining into projects and do your research first before investing your time, effort and money into something. There is a lot of scams out there and it is not worth of your time so you better educate yourself first on the things that you need to check before you get in.

Menawi12

member

Activity: 700

Merit: 10

Quote from: Seghokendil on 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.

I agree that we should not be tempted by the big bonus that will be given. Large bonuses can also result in prices falling when the initial listing and not also guarantee projects that provide large bonuses are legitimate projects

kaconk

hero member

Activity: 1083

Merit: 503

if you found the project that promise and guarantee with high roi or something else, stay away from that, I believe it will end in fraud. even now there are a lot of projects that don't actually require tokenization. it's all just a trick to scam people.

JC btc

sr. member

Activity: 770

Merit: 253

Most scammers nowadays are doing hype in the market for them to attract users and investors, yes there's no guarantee with it. That's why be very careful before investing and before you join and do KYC in their platform as there are lots of scammers using every identity of every person to scam.

sapnu

sr. member

Activity: 1050

Merit: 286

Quote from: Pinkris128 on October 25, 2019, 11:46:23 AM

Quote from: Seghokendil on 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.

If the deal or promise of the investment is too good to be true, it will be most likely to fail or end up as a scam. Beware of this kind of unrealistic promises because if you let your greed drive you, one way or another, you would crashed. Also, it is necessary to understand then accept that every decision you make with your investment has always risks no matter how hard you do to reduce them. There is no perfect investment but there are ideal ones which are rare like diamonds in the mine.

You can actually know some information to some users that is actually experienced their offer. You can know if that offer or rewards are legit if they are recommending that. You should have study that5 particular project before you should trust them since we are in a digital world, there are lots of scammers that is in here so we should be careful in every decision or move we take for us to secure our money. Have courage and patience in every investing you are planning because money is not easy to gain, you need to wait for the right time until the project succeed. And most importantly, you should have to study and learn in every mistake or decision you make.

Topic: be careful with projects that offer you great prizes, that is not a guarantee of - page 5. (Read 1336 times)