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Topic: be careful with projects that offer you great prizes, that is not a guarantee of - page 8. (Read 1274 times)

jr. member
Activity: 370
Merit: 1
Little or big money allocation isn't a warranty for success all is based on team development of their project makes price stable in market.
legendary
Activity: 1904
Merit: 1277
It's true that often with bounties the rewards don't live up to the expectation. But I'm not sure this is the fault of the bounty project itself, it's just normal that they list the maximum possible reward, based on the project hitting hard cap. And they usually don't hit hard cap, which means firstly that the reward is proportionally smaller, and secondly that supply outstrips demand, which means prices are bound to fall as soon as the coin is tradeable (quite apart from any downwards pressure there might be on the market as a whole). I just think sometimes we can be unrealistic in our expectations.
full member
Activity: 1890
Merit: 101
1xBit 🏆 │ NotYourKeys.org
I have participated in many projects that offer great prizes, but most of them are scams

finding a good project and paying right, now is like a fortune. I really hope that IEO will be a guarantee for hunters or ICO investors
full member
Activity: 910
Merit: 100
Yes, indeed, now there aren't as many good and promising projects as before. And I choose them with big trepidation and caution, based on personal criteria, and not on promises of great prizes or rewards. It seems to me that this is advice for new people in crypto who have just begun their way here.
member
Activity: 756
Merit: 14
Developers has one sure popular way of luring investors to invest in their project and that is giving invest discount price per token and of cos promising them huge return of investment but alas any project that promises ROI is obviously a red flag, even good projects can't predict what will happen in near future but fake projects are promising investors fake returns
member
Activity: 92
Merit: 10
well ........ that's what investors need to know before investing in any project. because in the market there are no guarantees whatsoever and what determines your destiny is about your own way of managing your financial management.
member
Activity: 1540
Merit: 68
I would say be careful with every projects

Offering great prizes are a representation of what to expect from the project
Offering low prizes are also a show of what to come

Neither determines success; it only presume what is to come
legendary
Activity: 1876
Merit: 1003
Great prizes are indeed a red flag but that doesn't mean it would be a failure. I have seen and made profit of such coins which had great prizes when it was still unknown. But of course most of them suck in the end.
I remember the Athero real estate project which gave the approximately $1mln to the bounty hunters. The price was calculated in average dollar value but the price of the token fall due to the market circumstances. The big reward promised bounty campaigns fail in my opinion and the exceptiona don't change this rule in the crypto bounty campaigns.
legendary
Activity: 1647
Merit: 1012
Practising Hebrew before visiting Israel
Great prizes are indeed a red flag but that doesn't mean it would be a failure. I have seen and made profit of such coins which had great prizes when it was still unknown. But of course most of them suck in the end.
member
Activity: 630
Merit: 11
NEW MEDICINE:Faster, Safer, Smarter
The saying applies to anything in general and in context especially to crypto .if something is too good to be true then it probably is. Don't fall for extravagant offers even if they are for bounties.
jr. member
Activity: 296
Merit: 1
Yes, something that promises a big prize is not necessarily true or mirni, when prices are weakening there are several projects that offer big for participants, but ultimately zero, so to get the best investment must analyze the information correctly, every project that wants to join either a big offer or small believe the origin stem in general and the rules are openly clear
I agree with you the most important thing is the transparency of the team and the project work map, a big prize is no guarantee for the success of the project. transparency of the team or the reputation of the developer in managing the previous project that we need to pay attention to because it is currently very vulnerable about project fraud.
jr. member
Activity: 87
Merit: 1
Great prizes is a main red flag first of all
sr. member
Activity: 1701
Merit: 308
Yes, something that promises a big prize is not necessarily true or mirni, when prices are weakening there are several projects that offer big for participants, but ultimately zero, so to get the best investment must analyze the information correctly, every project that wants to join either a big offer or small believe the origin stem in general and the rules are openly clear
full member
Activity: 504
Merit: 100
The author rights, I with him agree.Of course you can not just believe the beautiful words,they can say anything,their task is that we invested in their projects.Now it is generally difficult to get investment in the project, investors have already been taught.
hero member
Activity: 2156
Merit: 711
Telegram @tokensfund
Yes, I agree with your opinion. These days, A new project offering high return or big bonuses for a tiny investment. So that investors become greedy and buy as much they can. The project authorities announce big prizes so that more people get interested and once they got a big amount of investment they utterly ran away.

So, Investors like us should always be conscious of this sort of scam project. I think people who invest are smart enough to estimate a project. We have internet, google to find all the info on a project. I don't consider those projects that giveaway free token in bounty for small works. I think those tokens are worthless thats why millions of tokens are giving away almost freely I would say.
member
Activity: 476
Merit: 10
You are right that many projects offer huge gains but are experiencing failures. Even if it is checked that the team is not transparent and does not provide information on project development. Maybe we can find a more realistic project and have a clear roadmap. But all decisions are in your hands, most importantly always vigilant.
jr. member
Activity: 315
Merit: 2
Yes, an attractive pool is good, but it can sometimes be deceiving.
I prefer a project that pays in small amount and yet it is real and has prospects than become a bagholder of shitcoins.
There are so many of them. The best way to avoid them is by sticking to good bounty managers.
full member
Activity: 1260
Merit: 100
I believe behind the great profit, there are some great risks.
If there is a project offering a huge profit with no risk, it is clearly a scam project for me.
Always be suspicious if there is something sounds too good, it will save us from fraud.
member
Activity: 700
Merit: 10
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 think this things must be know by people from long time ago. There are no guarantee even in real investment. So people must be already prepared for something like this, and know what they do. I mean, in investment that have volatile like bitcoin or other altcoins, people shouldn't trust anyone. And keep believe with themself so they not blame anyone or maybe anything if they fail.
at times like this many people make their own rumors and this actually confuses us when following it, and ultimately erodes our confidence, will be at high risk if we do not have confidence. therefore you may read news from various sources, but we personally must have an attitude, so that we can still think positively, Moreover, tempting offers sometimes make us interested, again we have to re-examine before deciding
hero member
Activity: 1932
Merit: 504
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 think this things must be know by people from long time ago. There are no guarantee even in real investment. So people must be already prepared for something like this, and know what they do. I mean, in investment that have volatile like bitcoin or other altcoins, people shouldn't trust anyone. And keep believe with themself so they not blame anyone or maybe anything if they fail.
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