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Topic: Crypto Scam? ICO Scam? IEO Scam and Now DeFi Scam? - page 4. (Read 1292 times)

sr. member
Activity: 1876
Merit: 328
From my point of view, it is not those crowdfunding methods are a scam but people who are taking advantage of hyped technologies for their own benefits. Wherever they will see the opportunity to scam investors, will make that try. So crypto investors must be ready and cautious for golden looking technologies and related projects.
The best way to avoid these scams is to actually wait for their promised product to be ready and then invest although you will get the token at a slightly higher cost but at least you know they have something solid to get the price going and the market will respond slowly but surely.

There is no way one can differentiate between scam and legit tokens in the ICO phase because there are way too many scams and more like 5-10% are legit and the scam ones actually advertise and popularize themselves better than the legit ones so it is nearly impossible to spot them hence use the safe method and wait for a big exchange listing or at least some progress on the product they promised.
newbie
Activity: 221
Merit: 0
Defi is getting much popular now a days so peoples start scam innocent peoples  with defi now days, many projects are launching day by day with defi and most of them become scam within few days, mostly twitter or social media accounts getting ban and support dont answer to investors as well. I suggest to join the trusted projects from trusted team to avoid losses or scam,.
member
Activity: 532
Merit: 41
Crypto Scam? ICO Scam? IEO Scam and Now DeFi Scam?

Many years before the Cryptocurrency was a scam for some people, later people said that ICOs are scam, when ICOs had gone and IEO had begun then they were blaming that IEOs are scam later now they are calming that DeFi is scam

Who are they??

They need to be called LOOFER= LOOSER who just want to spread FUD for their own benefit
What benefits is there to gain when one tell the world that they get scammed through ICO or IEO projects? I don't kinda understand your point here, scam projects are real and people don't need to lie about their existence, you can find answers just by doing your own research
full member
Activity: 1210
Merit: 100
This is what is called the crypto concept, having various forms of investment either through ICO, ITO, IEO, DEFI and maybe after the DEFI Hype ends, there will be new investment alternatives in the future. Trends sometimes bring new sensations in the crypto space, sometimes they are profitable for investment and vice versa. I as an ordinary person can only follow the flow of trends, which one is the best? which one is profitable? then I will take it.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
People who don't do research before investing on crypto projects will surely end up losing their money to scammers, newbies always like blaming the technology when they fall for scams, saying bitcoin is a scam of such but huge numbers of scam projects did exists, without proper research one will eventually get caught in scammers trap
It looks like the majority of blamers came from the newbies who didn't know how to play in the crypto. I saw so many newbies were blaming anything when they were getting lost.
Even if they were losing in trading activities and they will be visiting the telegram group and they will say that as a scam while the team has no control over the price of coin and market.
They need to be educated.

They needed to get engaged to the project before investing in, without proper knowledge about the project they
will just wasting their money, either caught between big whales or trapped by the dumpsters.

It's difficult for people to accept their mistakes so they are trying to point their fingers to anything just to blame for their failures of
conducting the right research.

Most victims are newbies indeed, people who wanted to get a quick gains and being stuck and nothing
to do but to see their money losing, that's really annoying.
member
Activity: 616
Merit: 12
The Standard Protocol - Solving Inflation
From what I know is that those who usually say DeFi is a scam here and there, are those who invested in scam projects and they lost all their money,not our fault if they had done a good research they wouldn't have fall into the scammers trap, even though there have been a few scams in ICO's back then and in the current DeFi market,but calling IEO a scam? Nah, I don't agree with the part, cus have witnessed alot of IEO's done on popular exchanges, they normally get good turn out.

hero member
Activity: 2296
Merit: 506
Cryptocasino.com
People who don't do research before investing on crypto projects will surely end up losing their money to scammers, newbies always like blaming the technology when they fall for scams, saying bitcoin is a scam of such but huge numbers of scam projects did exists, without proper research one will eventually get caught in scammers trap
It looks like the majority of blamers came from the newbies who didn't know how to play in the crypto. I saw so many newbies were blaming anything when they were getting lost.
Even if they were losing in trading activities and they will be visiting the telegram group and they will say that as a scam while the team has no control over the price of coin and market.
They need to be educated.
member
Activity: 462
Merit: 19
People who don't do research before investing on crypto projects will surely end up losing their money to scammers, newbies always like blaming the technology when they fall for scams, saying bitcoin is a scam of such but huge numbers of scam projects did exists, without proper research one will eventually get caught in scammers trap
member
Activity: 742
Merit: 42
There are lots of scams in the crypto world since the beggining. From ICO to IEO and now the new trend DEFI which driving investors crazy to invest with. But Cryptocurrency never a scam it's just the kind of investment that's coming in who's got into a scam. Just be wise and careful in investing so you will avoid getting scam.
sr. member
Activity: 1246
Merit: 263
SmartFi - EARN, LEND & TRADE
The ICO and DEFI markets are both new at the start of its trend so they are easily manipulated because they have no valuable history. Look at the present, Bitcoin has steadily increased in value as Bitcoin's history shows Bitcoin increased in value. If ICOs and DEFI are better managed, people have a better view of the market, they will not easily get caught up in bad events like discounts and scams.
Newcomers to the market often complain because they receive no returns. They often come later and buy at a high price, they are disappointed after the value of the token they are holding decreases. Perhaps they need to learn and keep up with the news and make more accurate decisions about price action in the market.
sr. member
Activity: 1204
Merit: 250
The cryptocurrencies themselves in general are certainly not a scam, but there are a huge number of scammers who use the cryptocurrency sphere for fraud, for example, when ICO was popular, many scammers created cryptocurrency companies and these scammers was selling their company's tokens through ICOs, and the same applies to IEO and defi sphere, there are scammers everywhere.
That's right, basically Cryptocurrency is not a scam, it's just that scammers who deliberately take advantage of opportunities through the opportunities they have so dare to create scam projects with methods that are in trend, such as ICOs in the past and after that IEO and DeFi at this time.
full member
Activity: 910
Merit: 101
Crypto, ICO, IEO and DeFi for those who are hurt or have suffered a lot of losses will definitely consider it a scam,
because they lost a lot of assets, but for those who get big profits Crypto, ICO, IEO and DeFi will not think the scam
all comes back to themselves ourselves, if it's a scam we just leave it
hero member
Activity: 2170
Merit: 530
Crypto Scam? ICO Scam? IEO Scam and Now DeFi Scam?
Many years before the Cryptocurrency was a scam for some people, later people said that ICOs are scam, when ICOs had gone and IEO had begun then they were blaming that IEOs are scam later now they are calming that DeFi is scam

Why did they say Crypto-currency is a scam? Because they didn't earn from it? Or because some of the projects in this Crypto-currency is literally scam? Actually, we can't blame them because there's a scam in Crypto-currency ICOs, IEOs, and Defi. Some of these project creators keep moving in the trending spot in crypto-currency to have many investors. So we need to choose wisely what project we should support or invest in.
newbie
Activity: 11
Merit: 0
Crypto Scam? ICO Scam? IEO Scam and Now DeFi Scam?

Many years before the Cryptocurrency was a scam for some people, later people said that ICOs are scam, when ICOs had gone and IEO had begun then they were blaming that IEOs are scam later now they are calming that DeFi is scam

Who are they??

They need to be called LOOFER= LOOSER who just want to spread FUD for their own benefit


Not all ICO's, IEO's & DEFI are SCAM's but I thing few of them are creating fud in this space.
sr. member
Activity: 868
Merit: 251
HEX: Longer pays better
Crypto Scam? ICO Scam? IEO Scam and Now DeFi Scam?

Many years before the Cryptocurrency was a scam for some people, later people said that ICOs are scam, when ICOs had gone and IEO had begun then they were blaming that IEOs are scam later now they are calming that DeFi is scam

Who are they??

They need to be called LOOFER= LOOSER who just want to spread FUD for their own benefit
In fact, that is the tradition and the way the crypto market works, you need to get used to it. Our Crypto market operates like a price manipulation market and so every year we have a trend formed by whales. As you can also see Defi trend currently has very few projects that actually bring services to the public out there.  all the price increase is due to the whale's fomo, and when the time comes to ripen they will sell off and determine the trend is over Smiley
So let's get used to it, which is also one of the thoughts that help you better understand the market and also know how to make money at the right time bro.
full member
Activity: 1638
Merit: 122
There is a lot of scam ICO until now a lot of project are scam too you know the only problems is the people who is scammer who use the different kinds of earnings here in crypto for their own sake which is very wrong and I hope those scammers will karma as soon as possible because those money is not for them people are want to earn money I don't know why other people are doing bad things for that.
bad karma is the last thing that we can wish for those scammers that wont be caught  out easily because they are slippery as an eel . money is hard to earn but why they keep on putting it on this kind of business when scammers are the only one that can benefit to it.

if they really want to earn in a less riskier way (although theres no real less risky way to earn ) they need to set up a business on thier own using that hard earned money they got and manage it seriously
hero member
Activity: 1834
Merit: 523
There is a lot of scam ICO until now a lot of project are scam too you know the only problems is the people who is scammer who use the different kinds of earnings here in crypto for their own sake which is very wrong and I hope those scammers will karma as soon as possible because those money is not for them people are want to earn money I don't know why other people are doing bad things for that.
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
It is not all about the crowdfunding activity rather it is all about the scammers that are fan of copying or taking advantage on the HYIP or FOMO in project investment. We know how good DEFI projects are but are now slowly degrading after some DEFI look alike crowdfunding projects that are only after for scamming. We could not avoid this because they are good in scamming and are free to do so. The best thing to do here is to always be aware and get inform in every project that will be reported in the scam and reputation board.
as happened some time ago when YFI coins could have such an expensive price after that a lot of coins that had the initial Y appeared and tried to deceive many people, so in my opinion be alert it still has to be done but for people who still don't have it. a lot of experience about scam cryptocurrencies would be difficult to avoid.

at least what you must know is that all cryptocurrency projects have a potential scam, no one knows when it happened.
hero member
Activity: 3010
Merit: 629
Those people (who think crypto is scam) dont have enough knowledge to understand the nature of it and believing on negative news against crypto and didnt bother to verify if the claim is true.

When it comes to ICO, IEO and defi projects they became popular because of hype. Its true that many scam exists during there popularity but it doesnt mean that all of them are scam. There are good projects manage to succeed during their times. Its just that many investors lose their money for investing in scam project and because of their eagerness to earn without proper knowledge
full member
Activity: 924
Merit: 220
It is not all about the crowdfunding activity rather it is all about the scammers that are fan of copying or taking advantage on the HYIP or FOMO in project investment. We know how good DEFI projects are but are now slowly degrading after some DEFI look alike crowdfunding projects that are only after for scamming. We could not avoid this because they are good in scamming and are free to do so. The best thing to do here is to always be aware and get inform in every project that will be reported in the scam and reputation board.
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