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Topic: Do you trust ERC20 tokens? - page 4. (Read 4734 times)

hero member
Activity: 896
Merit: 500
Dolphins Finance TRUSTED FINANCE
September 08, 2018, 08:56:41 AM
it depends on what projects. Many good projects running in Ethereum network so we can't say it not good or can't trust. But i agree that it too easy to create ERC20 tokens. so it very easy to create to scam people as we can see in the past. Now many CEO/scammer cashout their easy money to cash. lol
newbie
Activity: 42
Merit: 0
September 08, 2018, 08:51:13 AM
Most of the coins i choose completely from Ethereum blockchain only, but i won't choose every coin of ERC20 because there are some coins which don't have any potential. By choosing those we might lose our money very fastly people start dumping the coin once we find any negative about the coin.
newbie
Activity: 154
Merit: 0
September 08, 2018, 08:47:46 AM
Yes,I have trust in erc-20 tokens.because now every company  pays their bounty client erc20 token and also when someone buy coin from any website moreover it is erc20 tokens.erc20 tokens are now one of the most famous currency and people are very comfortable to use it.For the long time using erc20 tokens people have faith and erc20 token is success to gain peoples trusts.So Not only me almoat everyone relatwd with crypto world truat erc20 tokens.
full member
Activity: 532
Merit: 101
September 08, 2018, 07:37:35 AM
ErC-20 tokens are good they are under contract with ETH.
They can be trusted and they are good to have.
tokens are just tokened the main thing to look is the team and how will they develop the project and token price.
copper member
Activity: 126
Merit: 0
September 08, 2018, 07:35:37 AM
Last year in early december I bought eBitcoin token which turned out to be a scam. Luckily for me I sold them before the ePRX snapshot but alot others have made losses. I really believed this token would be a succes but I've realized that alot of these ERC20 tokens have the same things in common. The devs (or better said scammers) create alot of hype and pretend their token to be the real deal while they never intended to create a working product. I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.

Do you trust them?

I think that you should never trust projects. It is necessary to check very carefully any project in which there is a desire to invest. In any area there are scammers and crypto currency is not an exception. For myself, I decided that I will invest only in projects from the Top 50 coinmarketcap and other projects I do not consider.
sr. member
Activity: 1610
Merit: 406
PredX - AI-Powered Prediction Market
September 08, 2018, 07:06:27 AM
I believe with ERC20 tokens Because now it has been proven since 2 years I have gotten a lot of income with the ethereum platform. and bounty as an intermediary, this is very good. the best platform from the current one
newbie
Activity: 154
Merit: 0
September 08, 2018, 07:04:32 AM
Last year in early december I bought eBitcoin token which turned out to be a scam. Luckily for me I sold them before the ePRX snapshot but alot others have made losses. I really believed this token would be a succes but I've realized that alot of these ERC20 tokens have the same things in common. The devs (or better said scammers) create alot of hype and pretend their token to be the real deal while they never intended to create a working product. I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.

Do you trust them?

It is very alarming to say that the current market for ERC20 token right now is full of scam. Many tokens end up declining when it goes out in the market since it does not develop their product.
newbie
Activity: 42
Merit: 0
September 08, 2018, 06:57:50 AM
To my mind, Erc-20 wallet tokens because they are built on the etherum blockchain, they move relatively with the price of etherum and with time and the market improvement, i thunk the Erc-20 altcoins will gain more ground and their prices will move with the price of ETH
member
Activity: 385
Merit: 10
September 08, 2018, 06:54:16 AM
Because of the convenience of ERC-20, many people will choose to use ERC20. There are certainly many scammers, but there are also some really good projects, such as EOS is also the origin of ERC-20. So this is not a matter of Ethereum, nor is it something about ERC-20.
newbie
Activity: 55
Merit: 0
September 08, 2018, 06:50:32 AM
I think it is always good to be careful and research  about the token before you invest in it because there are also some which are not worth investing in. A proper research will help you know which one is better when you read through the whitepaper and study the roadmap and spreadsheet very carefully and patiently.
member
Activity: 252
Merit: 15
September 08, 2018, 06:32:26 AM
The issue is on the project, not on ERC-20. ERC 20, keen contract ETH as a methods for the improvement of another Altcoin. There are many fizzled Altcoins, however there are likewise numerous fruitful ERC 20 tokens. All things considered, it's great to break down an ICO project before you choose to invest.
newbie
Activity: 126
Merit: 0
September 08, 2018, 06:25:53 AM
No, they're very unstable at most. There is always a high risk of losing everything, so I would advise refraining from buying erc-20 tokens as a middle and long-term investment. Be more careful with your investments.
newbie
Activity: 62
Merit: 0
September 08, 2018, 06:18:24 AM
How not to believe, the problem is that almost all ICONs use ERC20 tokens, I'm sure these tokens will become more potential tokens and have better value.
yes the investment players should continue to believe, but still be careful because not all crypto have the potential in the future. think carefully. success is in the hands of those who are patient, be careful and stay focused.
jr. member
Activity: 1036
Merit: 1
September 08, 2018, 06:14:45 AM
No, I usually do not trust projects that do not have plans to switch to their own blockchain. An ERC20 token is a digital asset that is secured by nothing. It may well be impaired per day, and as a result, you will be left with nothing. This is a very high-risk investment tool.
jr. member
Activity: 510
Merit: 2
September 08, 2018, 05:56:07 AM
Not all ERC20 are legit some of them are scam. It better u make profound enquiry before u purchase any of the token.
newbie
Activity: 119
Merit: 0
September 08, 2018, 05:14:09 AM
Well I acknowledge there is no inspiration driving why not trust in an ERC20 tokens , there was a lot of ERC20 tokens turning around the market that are true blue and shows vitality on their individual stage , it is just that it was definitely not hard to make an erc20 token that was being used to make a trap wanders , so my proposal to everyone is to pick your token insightfully.
full member
Activity: 406
Merit: 100
September 07, 2018, 04:40:03 AM
not all of ERC20 tokens are fraudulent, because basically only people with bad intentions and goals use the easy to do smart contracts through ERC20 so that it is developed as if it is real to invest in it.
of course this has become a common knowledge to be understood in order to avoid a very tempting offer.
and I still strongly believe in tokens developed from platfom erc20.
member
Activity: 378
Merit: 10
September 07, 2018, 04:38:06 AM
ERC20 good wallet for store ETH based Altcoins. But I'm believe Ledger Nano and trezor Cryptocurrency Hardware Wallet. Booths are safe wallet for store coin, So you can buy and used it.
member
Activity: 154
Merit: 10
September 07, 2018, 04:30:03 AM
Let me put it this way, most of the ERC-20 tokens i don't believe, a few i believe, and i also invest in which i trust, such as EOS, NEO, QTUM, OMG, etc. By the way, what i just listed some of them are no longer erc-20 tokens, but have their own main network.
member
Activity: 308
Merit: 10
September 07, 2018, 04:22:43 AM
I trust a number of tokens which can provide good benefits to owners like POLY, cedex and helbiz. You will smile if you have one of the tokens above
It is worthwhile to look at the coin of Pundi X, holders of these tokens not so long ago received very good profits
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