Author

Topic: BLAME THE INVESTOR FOR LOOSING NOT THE CRYPTO ECOSYSTEM (Read 455 times)

copper member
Activity: 482
Merit: 1
The has been reduction in the scams in recent time now because of the way the market is. New projects are struggling with raising funds now because of the scam and loss history that new Investirs are aware of. Those times were times of blind invesment by proxy or trust but now everyone is being careful.
member
Activity: 163
Merit: 10
if any investor loses, i think they should be blamed to an extent, it depends which project they lost on, thats why its good to do thorough research before putting your fiat in crypto. check the team background and make sure the project is at least 80% convincing before investing. this space is full of scam, so every investor have to be very careful investing in shitcoins... for now bitcoin ethereum and bnb are still the safest if you thinking about long term investment at this time.
full member
Activity: 1554
Merit: 101
and sometimes investors blame the project because not all of them get profits, there are losses,
because not only 1 person bought it.
some investors for now are not interested in new coins, they are more interested in investing in existing coins.
member
Activity: 574
Merit: 24
No offence but we surely have some blind investors in crypto space that don't do research on projects, they dream of making big money and they don't bother to do research, whatever happens is your own fault
member
Activity: 462
Merit: 19
There is nothing wrong with taking blames for your actions, this is the only way you can learn faster too, there is no way to be safer in crypto space if you don't make mistakes at first, failure is part of life and it's the only way to move forward
jr. member
Activity: 49
Merit: 1
FUD is the main reason of every drop as usual
sr. member
Activity: 2660
Merit: 339
I understand the fury for the investors but right now we are living in a time that is unprecented before. Normally when there is an economical problem there are solutions or at least safe harbors from it but this time around there is none. If you hold cash that is eroding in value, if you have stocks its going down, if you have crypto its going down, if you have gold its going down, if you have oil its going down, if you were in forex its volatile, if you are in anything it is going down.

When all of this is happening we are literally going down like crazy so there is literally nothing you can put your money into, there is nothing that can help you not lose your worth. So, you can't blame the crypto ecosystem I agree with that but you can't really blame the investors neither.
member
Activity: 560
Merit: 28
SAPG Pre-Sale Live on Uniswap!
Many investors don't know where to put their money, they only have the dream of making in big but not ready to go deep in research that's why many make stupid mistakes in crypto space today, I call it laziness, no where to put your hard-earned money
member
Activity: 434
Merit: 19
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.
It's not always the investors fault, I know some coins are crap that's why we need to do good research before investing on them, these are just the simple procedures, this doesn't guarantee your outcome, many crypto projects start the early circle of their life in good shape and later the died
member
Activity: 756
Merit: 12
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.

New investors are deceived in many new projects because the scam project will make the project look good and profitable. But we should do research to avoid being trapped and deceived and if we are doubtful about a project, it is better to invest in coins or tokens that have been registered at coin marketcap and are ranked at the top
member
Activity: 490
Merit: 19
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.
I guess somethings work out for you on your own part, right? That's why you are talking like this, the very tokens or coins you are holding presently what will happen if something bad happen to the projects? See, no one is perfect in crypto space, the very best coins in your eye can disappoint you, least that investors can do is research and that's never enough to safe you from disappointments
member
Activity: 579
Merit: 13
Are you kind to your neighbor? Think it through
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.

You are very correct, research and finding of information always have to lead before anyone invests their money in real life scenario or in crypto currency.
Even whitepapers always has that quote that "it is not an investment advice" and they won't be liable for any loss.

So investors, daily traders, or bounty hunters, always do your research
sr. member
Activity: 1246
Merit: 285
Similar to various things in this world, the crypto ecosystem has two sides, which are the advantages and disadvantages. At every opportunity, there must be a certain person who tries to make a profit by committing crimes or fraud, that's what causes many things to have an unfavourable risk. Our job is to adapt well to the ecosystem, beginning with learning basic knowledge, risks, strategies, etc. it allows us to be wiser and avoid the threat of loss and fraud.
Crypto ecosystem is quite difficult to guess and sometimes it is unthinkable, many things can happen, so understand the best strategy, always do an analysis, and respect every decision you have made, so you don't easily blame others for causing harm to your actions.
copper member
Activity: 966
Merit: 14
It is really disappointing that most Investors lacks the zeal to carry out their own research on any project they are getting involved with, could be they are getting involved owing to what someone says about the project or they are getting involved because of what they might have read. Yes it is good to read, but that's not enough, questions needs to be asked to know if truly the team have the best interest of the users at heart. Although there are still  projects out there that will pretend to be good but only ends up scamming, but yet, first thing first, ask good questions to know If it is only listing the team care for because they know that's the best way to draw investors or they are out to cause a good change.
member
Activity: 728
Merit: 19
KUWA.ai
I don't think the project only failed because of the scammer. Some times a very good project can screed up because of lack of enough support, proper management, enough investors, etc. The crypto market is very risky and sometimes depends on luck too. You can lose all your money even the project is good. Also, I also think that most of the investor doesn't do enough research about any project before throwing their money into that project.
member
Activity: 520
Merit: 10
In short, we should DYOR. Probably, a wise investors will not hastily join any projects without the proper research. If you are pointing out about ICO projects, I believe this is not new anymore. We can easily spot now if such a project is scam or not. Actually, I would agree about looking who were the teams are but do not forget the project's product if it is feasible or not.

On the other hand, there are 'other' crypto investments that we can choose from. Instead of investing in a new projects, why not invest some old , existing and proven projects?
really it's better to find profits in investing coins or tokens that have been running for a long time and the results are satisfying than going with the flow like the ICO for now is very risky loss
member
Activity: 520
Merit: 10
now WHITEPAPER is not a guarantee that a project will run smoothly in the future or realized in the roadmap I suggest if you want capital to learn to trade for profit if to buy coins in ICO now many fraud
full member
Activity: 896
Merit: 115
investors usually dont take time to do enough research on some projects before investing. there will always be red flag in any scam project. most times people do ignore it just because of greed intentions or a backup by a top member in the crypto space or an influencer. 
sr. member
Activity: 1330
Merit: 326
In short, we should DYOR. Probably, a wise investors will not hastily join any projects without the proper research. If you are pointing out about ICO projects, I believe this is not new anymore. We can easily spot now if such a project is scam or not. Actually, I would agree about looking who were the teams are but do not forget the project's product if it is feasible or not.

On the other hand, there are 'other' crypto investments that we can choose from. Instead of investing in a new projects, why not invest some old , existing and proven projects?
sr. member
Activity: 644
Merit: 257
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Props to OP.

I think you did a very good putting up of words for a nice advise. All what you said is all true. Scam will always be there and the worst part here is the money stolen are from newbies and investors that dont do any research.

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 right. Most investors dont really concern about the factors that could lead to such trap. Most of them becoming greedy once they earned a bit. Too much is bad and always seek discipline cause money is involved here.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
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.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man


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.
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.
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.
hero member
Activity: 3010
Merit: 629
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.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
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.
legendary
Activity: 3318
Merit: 1128
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.
sr. member
Activity: 994
Merit: 257
Best Bitcoin Casino www.coinsaga.com
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.
jr. member
Activity: 714
Merit: 3
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.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
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.
legendary
Activity: 1624
Merit: 1130
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.
full member
Activity: 1442
Merit: 106
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.
legendary
Activity: 2450
Merit: 1047
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.
hero member
Activity: 3080
Merit: 603
-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.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
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.
sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
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.
jr. member
Activity: 72
Merit: 1
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.
hero member
Activity: 1932
Merit: 504
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.
hero member
Activity: 2632
Merit: 833
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

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.
copper member
Activity: 714
Merit: 5
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.
sr. member
Activity: 1260
Merit: 251
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.
hero member
Activity: 2842
Merit: 772
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.
sr. member
Activity: 2030
Merit: 269
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.

I don't think there are investors who wants to lose their investment, there are projects that look good in paper and the platform is already working but failed to generate support and they are losing volume in the market, it still goes to developers for not doing everything they can to make their market grow, they have the money, they can run anytime.
full member
Activity: 952
Merit: 110
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.
Its true that asking questions from project's team can make one know how serious the team are but as per my own experience in crypto space I've done this in the past and still the project still fails, there is always more that meet the eye
member
Activity: 1540
Merit: 68
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.

In crypto currency, to my own little understanding, all sorts of investments are at everyone risk which is why it is always detailed at all whitepapers or ieo/ico terms that it is not an investment advice.

Instead of just buying this, buying that, i urge us to sit down, draw a whiteboard, get concrete facts about reliable tokens, and set the investment to a particular circle of tokens.
That way, there will be minimal losses.
sr. member
Activity: 882
Merit: 301
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

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.
hero member
Activity: 2716
Merit: 698
Dimon69
The problem is with the lazy investors. They don't want to use their time looking for some background checking about the projects that they might invest to. The reminder of everyone about DYOR a.k.a "do your own research" will always be there.
And it will be their thought and conscience if they will follow the advises that they will hear or read from us. The crypto ecosystem doesn't have to be blamed. It's basically us, our money, our responsibility.

Those who already lose may use their experience to do better and do research, but mostly some will just blame others and throughout crypto than blame themselves, they will walkout in this space and will put many negative reviews. We must know that to be able to succeed in crypto, this being volatile we must know to advance think of what may happen and do mind having decicions that will depend on our understanding.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
The problem is with the lazy investors. They don't want to use their time looking for some background checking about the projects that they might invest to. The reminder of everyone about DYOR a.k.a "do your own research" will always be there.
And it will be their thought and conscience if they will follow the advises that they will hear or read from us. The crypto ecosystem doesn't have to be blamed. It's basically us, our money, our responsibility.
As an investor, its our obligation to guarantee that we are investing on a genuine and profitable project. The issue with people nowadays is they underestimate the power of researching. They don't believe that doing their own exploration will assist them with distinguishing different of data in regards to that particular project. It will guide them with concluding whether to invest or not. If the project didn't end up great, at that point the investor must look on how they settle on their choices, on how they deal with their own investment, on how they secure their assets from fraudsters. Investing requires some serious time and effort to gather information that will help you, you can't just simply invest your funds without analyzing the results of your choices because a single misstep can have an effect on your investment.
member
Activity: 938
Merit: 13
AMEPAY
I agree that investors need to ask questions and do their own research and due diligence before investing and if they like everything and feel good then they can go ahead with investing but on the other hand i would have to confess that even after going through all this process i have stuck and lost money in many new projects. Some have lost all there value, some have simply closed, some have been abandoned by teams and then there are some projects that do multiple token swaps which is also bad intention from team as with each swap the supply reduces because many investors are not always active and they miss out on swapping deadlines.
hero member
Activity: 1302
Merit: 577
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-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 price of coins/tokens can only be seen once its tradeable .
hero member
Activity: 3080
Merit: 603
The problem is with the lazy investors. They don't want to use their time looking for some background checking about the projects that they might invest to. The reminder of everyone about DYOR a.k.a "do your own research" will always be there.
And it will be their thought and conscience if they will follow the advises that they will hear or read from us. The crypto ecosystem doesn't have to be blamed. It's basically us, our money, our responsibility.
member
Activity: 616
Merit: 16
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.
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