BLAME THE INVESTOR FOR LOOSING NOT THE CRYPTO ECOSYSTEM - page 2.

michellee

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Quote from: Goodvalony on February 14, 2020, 10:22:07 AM

THE INTERNET is there for us all.

The internet will help us to get any information that we needed, and mostly the information is free of charge. We can read so much good information about what we want, but we still need to be careful because not all of the information we get from the internet is right. So we need to manage the information and filter the information so we can know which is the correct information and wrong information. But some investors still not using the internet to find what they need because they only follow what other people suggest without research.

carlisle1

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Quote from: Goodvalony on February 14, 2020, 10:22:07 AM

I believed if people can spend more time in doing this, the scams and looting in the crypto system may reduce.

you have clearly stated that "scams will only reduced" but will not totally gone that is a clear way of admitting that it is not investors all fault because even how Good you do scammers is much better on that,but yeah at least will be lessen the chances of being scammed.

Quote from: Goodvalony on February 14, 2020, 10:22:07 AM

UNLESS Such person wants to gamble with his funds scam projects are also means to make quick money if you are lucky enough to follow up. If Not you will Loose.

agreed on this,if you can go along when they are starting to move away and withdraw?then the chance of profiting is there but that is very risky.

Quote from: Goodvalony on February 14, 2020, 10:22:07 AM

Daily, there are new members getting into the cryptocurrency. people needs to be aware of what they are going into to avoid fund loss.

yeah enough reason for people to help themselves also because there are few authority that can help them winning back the losses.

lienfaye

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Scam projects will exist as long as there are investors who bite their wrong doings. The problem is many investors are only after money and ignoring the things that they need to consider before investing their hard earned money.

This is due to their greed to earn quick without doing anything. Sometimes we have to experience losing our money before we learn, I bet some of us learned how to invest carefully the hard way.

samcrypto

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That's a normal scenario for an investor without the right knowledge, and they keep blaming the system and the worst thing here, they will blame their friends for introducing cryptocurrency to them. Whether you are a newbie or not it is mandatory to analyze first before investing and stop expecting big if you are investing into a new projects. New investors should work hard improving their knowledge about cryptocurrency, this is not a simple task of making money and this is a risky market.

sana54210

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We cannot escape easily by targeting innocent people and their action of opting to invest with altcoins. Because, you must have forgot the important thing that investors are also part of crypto ecosystem and moreover they are the primary pillar of crypto ecosystem and you sound like blaming yourself. For losses, irresponsible decision of investment must be a reason but we need to think from an investor's perspective.

These days, every project is coming up with well written whitepaper and with huge team members along with social media links to verify them. So, investors are struggling to filter out scammy projects which lead to their individual failure which means the entire crypto ecosystem will suffer if we do not bother and do not take necessary steps to protect the investors.

bhabygrim

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It is true it is the investors fault for losing their own money.
We should be the one to make sure that the project is a good one to invest and dig about the team and developer.
We shouldn't blame anyone for our own decision it was our choice no one force us to do it.

gensol

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Cryptocurrency developers should be blamed always for any loss of funds investors go through. My reasons are: if the project never existed at the first place, there will be no loss of funds. Secondly if the developer had built something targeted towards solving a problem, it's relevance will make it to not be a failure.

Republikcoin.com

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I understand what you are talking about. sometimes people always blame the development of crypto, that it's not good, scam, and others. but the fact that they are in a hurry is interested in profits.
however, I agree if we need to be careful in investing. the most important thing in investing is that we know what is the place for our investment, be it in team matters, concepts, whitepapers, and others. if there is any doubt, ask in the telegram, or the place where the project is there will be better.

leowonderful

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Bitcoin FTW!

The problem is that a lot of peoples' first experiences with cryptocurrencies as a whole comes from advertisements of exceptionally high returns in a short period, which is possible but rare, and thus a lot of people with little experience with the internet let alone crypto start investing with very limited knowledge into projects that simply heavily advertise themselves with no real backing product or service. I agree that besides helping newbies to crypto here and elsewhere as much as possible, we're probably not capable of inciting much major change to how people look at crypto investing. Most of these people do end up getting burned and learn an important lesson or seek for help, though, and I find very few people keep doing the same thing expecting a different result.

jerrison

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Quote from: Goodvalony on February 14, 2020, 10:22:07 AM

I do believed that before anyone can spend his/her money to invest in ANYTHING he/she wishes in order make some decent returns/profit. he need to research Or ask questions. follow the project. make sure he follows the teams responsible for the project. Ask questions in their social media channel. Most likely READ THE WHITEPAPER. also reasearch about the team involved. THE INTERNET is there for us all. Also engage with some crypto professionals if the Need be.

I believed if people can spend more time in doing this, the scams and looting in the crypto system may reduce. UNLESS Such person wants to gamble with his funds scam projects are also means to make quick money if you are lucky enough to follow up. If Not you will Loose.

Daily, there are new members getting into the cryptocurrency. people needs to be aware of what they are going into to avoid fund loss.

investors considering investments in crryptocurrencies are to be in the know that cryptocurrency is considered a volatile business and therefore utmost caution should be south for from professionals within the crypto space before considering investments as they are entirely responsible for the use of their resources, whether it be profitable or lost.

fortunecrypto

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Quote from: Goodvalony on February 14, 2020, 10:22:07 AM

I do believed that before anyone can spend his/her money to invest in ANYTHING he/she wishes in order make some decent returns/profit. he need to research Or ask questions. follow the project. make sure he follows the teams responsible for the project. Ask questions in their social media channel. Most likely READ THE WHITEPAPER. also reasearch about the team involved. THE INTERNET is there for us all. Also engage with some crypto professionals if the Need be.

I believed if people can spend more time in doing this, the scams and looting in the crypto system may reduce. UNLESS Such person wants to gamble with his funds scam projects are also means to make quick money if you are lucky enough to follow up. If Not you will Loose.

Daily, there are new members getting into the cryptocurrency. people needs to be aware of what they are going into to avoid fund loss.

There are a lot of projects that has passed radars they looked legit, under good developers but unfortunately they failed to get support and some people actually ended up a losing project, one case is Actus, they are real people with real achievement but look at their project it's going nowhere.

batang_bitcoin

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Quote from: Rodeo02 on February 15, 2020, 10:02:36 AM

Quote from: batang_bitcoin on February 15, 2020, 09:51:55 AM

-snip -

They are also believing for what project promise to do with a project, if you are a real investors you will ask for every important matter of course for securing your money that you will use to invest.in reality Choosing a good project is a real harder than what noobs thinks, do not rely on the promise of high return and discount they given because the real of price of coins/tokens can only be seen once its tradeable .

Investors doesn't think of that. Once, they have been blindly promised by how much the return will be, they wouldn't care about the important matters and questions that they should be asking and that's what literally is happening before and even today.
if there's a project that shows an analysis of how much investors shall make, everybody will have an itchy hand for the profit and wouldn't care of important factors and if it's really legitimate.

el kaka22

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Well, we could blame both of them together, or we could basically do anything we want, this is a free forum where everyone can say or do whatever they want that is not against the rules and it is not against the rules to blame ecosystem instead of blaming the investor, I however am one of the people who blame both of them.

Simply because I think investors have a chance to research what they are getting into and if they get into the things they haven't researched properly that means they will probably lose all of their money and they are idiots, that is given and talked about a lot.

However, I do blame the crypto ecosystem as well for becoming such a system where scammers go rampant without really any protection in place, I could make any fake ICO today and get thousands of dollars for free and I know nothing would happen to me, that should change if we can do something about it.

GreenStox

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why do you blame investors, if there are no investors the project will not work at all.
those who make the project work, and also investors can lose more of their money if dev and the team are not serious about their project.
so there is nothing to blame in this matter.

Olayinka2225

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Yes crypto is just wide.
Lot's of things are entails in it.
So I will also blame and not the investors why; because some project promises heaven and hell for investors with fake documents etc. Moreso, so investors don't do thoroughly investigation before investing.

perla

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Quote from: Goodvalony on February 14, 2020, 10:22:07 AM

I do believed that before anyone can spend his/her money to invest in ANYTHING he/she wishes in order make some decent returns/profit. he need to research Or ask questions. follow the project. make sure he follows the teams responsible for the project. Ask questions in their social media channel. Most likely READ THE WHITEPAPER. also reasearch about the team involved. THE INTERNET is there for us all. Also engage with some crypto professionals if the Need be.

I believed if people can spend more time in doing this, the scams and looting in the crypto system may reduce. UNLESS Such person wants to gamble with his funds scam projects are also means to make quick money if you are lucky enough to follow up. If Not you will Loose.

Daily, there are new members getting into the cryptocurrency. people needs to be aware of what they are going into to avoid fund loss.

For now, maybe although fully make research wouldn't help much. Maybe what people should do now, better to see which project can enter good exchange and trade it like regular trading activity. Because with research or not is not guarantee that the project will success in market. Maybe in sale we can get cheap price if compared to their ICO price, but no one know price will up or down when listed.

TravelMug

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Quote from: rosezionjohn on February 15, 2020, 11:12:29 AM

You should probably change the title of the topic into something that's more fitting to your post. I'm not sure what you are trying to imply with not blaming the crypto ecosystem. Yes, it is just right to blame the lazy investors in loosing their money from their ignorance and their greed but let's not excuse the scammers who keeps targeting newbies in the space like what you said here

Quote from: Goodvalony on February 14, 2020, 10:22:07 AM

I believed if people can spend more time in doing this, the scams and looting in the crypto system may reduce. UNLESS Such person wants to gamble with his funds scam projects are also means to make quick money if you are lucky enough to follow up. If Not you will Loose.

It's like you're suggesting that it's okay to get involve in scam projects as long as you are quick to get out. If not, it's your fault.

I think he may have put it in the wrong way.

Perhaps what he meant is that if you if you're able to get it early, you might be able to get good profits, just like in a pump-and-dump scheme. However, there is still the element of risk, so personally, I don't like to put my money and hope that I will get lucky and make more money out of it. Still better to go for a safe method, like trading, or investing in a legit and trusted project.

tranduong123

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The sad fact is that most people will lose money when investing in the cryptocurrency market. I do not think that the main reason is that people do not research projects carefully, but that the market has too many opportunities and risks to coexist.

knuckey

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Certainly his knowledge of crypto is still limited, too greedy and does not want to join or follow to always share experiences and discussions in a crypto community space anywhere. If only he was active here and diligently read or discuss on every board and thread here, then I'm sure he will not experience fraud or loss, at least can minimize risk.

Jating

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Well there are really investors here who don't DYOR, they just listen to social media influencers and they've been suckered by this bad actors and then blame the ecosystem for it. And I do hope that they will learn their lessons once they got scammed by ICO's.

And the thing is that we didn't stop from preaching this, but still people are falling for this trick because they are either too lazy or doesn't equipped themselves with enough knowledge. And then you will hear them bitch around this community, LMAO.

Topic: BLAME THE INVESTOR FOR LOOSING NOT THE CRYPTO ECOSYSTEM - page 2. (Read 455 times)