Topic: Don't be fooled. - page 10. (Read 986 times)
So may copycat projects now and if you have experienced on analyzing an ICO, it is very easy to tell that they don't have any chance to succeed. They'll collect more money until their project fail but they are still the winner in the end and investors are the big losers.
Motives of the team plays a role in it. With current situation, it's not a difficult task to come up with an Idea and an ICO to fund it. But the success of the token lies in how the team make use of it and how the token derives it's value. Most of the coins we seen are purely speculative and have nothing to do with actual progress of the project.
Hi, I want to warn you that now on this market has come a lot of bad people, they just beg you for money for nothing, hiding behind the blockchain, but they are not competitive and in most cases are not even going to compete with other companies. Many of the ideas are stolen from other projects.
The result, they have business, and you have illiquid tokens. Your funds have decreased several times.
But you can not make a claim to the founders of the projects, because they do not hide ) it is an open Scam.
The result, they have business, and you have illiquid tokens. Your funds have decreased several times.
But you can not make a claim to the founders of the projects, because they do not hide ) it is an open Scam.
Yep. There is a huge number of projects right now that aren't worth your investment. Especially if they are promising way too much that they cannot deliver in their promised timeframes. Usually, their ideas are also very repetitive and aren't needed in the market.
You obviously don't want to invest in any of those projects.
That's why research is so important. Ultimately, what you want to know is whether or not the team is only launching the project for money, or if there is actually a purpose for the project in the long term. Well said, OP. Avoid these projects at all costs, even if they are not a scam, the team will pretty much cease all development once ICO finishes.
Many people want to get rich instantly via crypto. As a result they are utilized by such people to take advantage by offering projects that we find difficult to distinguish from real projects. Do we currently miss a third party?
Hi, I want to warn you that now on this market has come a lot of bad people, they just beg you for money for nothing, hiding behind the blockchain, but they are not competitive and in most cases are not even going to compete with other companies. Many of the ideas are stolen from other projects.
The result, they have business, and you have illiquid tokens. Your funds have decreased several times.
But you can not make a claim to the founders of the projects, because they do not hide ) it is an open Scam.
The result, they have business, and you have illiquid tokens. Your funds have decreased several times.
But you can not make a claim to the founders of the projects, because they do not hide ) it is an open Scam.
I appreciate this concern post since most of us are really just learning the trade in crypto and all these considerations are sometimes beyond what's available for us to learn. With all the potential profit serving as an ecstasy for some to invest and invest it won't hurt for anyone to know when to hit the break and really do some research. really balance out the risk we are taking and we must be smart.
With that many flooding on to the market, it can be difficult to know which are scams and Ponzi schemes .I always check on different resources and sites but still its crazy how people want to get rich
Hi, I want to warn you that now on this market has come a lot of bad people, they just beg you for money for nothing, hiding behind the blockchain, but they are not competitive and in most cases are not even going to compete with other companies. Many of the ideas are stolen from other projects.
The result, they have business, and you have illiquid tokens. Your funds have decreased several times.
But you can not make a claim to the founders of the projects, because they do not hide ) it is an open Scam.
The result, they have business, and you have illiquid tokens. Your funds have decreased several times.
But you can not make a claim to the founders of the projects, because they do not hide ) it is an open Scam.
There is a lot of bad people in any field, but there are a lot of geniuses. We live in great information age and main weapon is information. If you be read and study crypto world, nobody can fool you!
many scams around I agree!
It's time to introduce regulation, or create new rules for ICO, otherwise scammers will continue to spoil the reputation of successful and useful projects. I very much hope that by the end of this year, there will be changes.
True. there are a lot of scammer and hacker waiting for us to be careless.
Hi, I want to warn you that now on this market has come a lot of bad people, they just beg you for money for nothing, hiding behind the blockchain, but they are not competitive and in most cases are not even going to compete with other companies. Many of the ideas are stolen from other projects.
The result, they have business, and you have illiquid tokens. Your funds have decreased several times.
But you can not make a claim to the founders of the projects, because they do not hide ) it is an open Scam.
People who approach business wisely first study the market before investing their money. And the time when investors invested in projects promising gold mountains have passed. Now all carefully analyze the projects, the number of parameters to be analyzed is growing, so scammers usually disappear at the stage of the bounty. The result, they have business, and you have illiquid tokens. Your funds have decreased several times.
But you can not make a claim to the founders of the projects, because they do not hide ) it is an open Scam.
I can't say that the scammers meet at every turn during the ICO campaigns. While I don't often come across. Maybe next will be worse.
That is the danger and why regulation is being introduced, especially to ICOs where investors are being ripped off continuously. It is always worth checking if the developers are in the public media, this makes it less likely to be a scam. Doesn't guarantee a successful project, but better than being scammed completely
If you enter to the crypto world, you should accept the risk that you will be scammed. And most likely it will just happen. The question is how many times. Unfortunately here more scammers than honest people.
Try to find as much information about the projects and their organizers as possible to understand how the idea of the project and its product is unique and can be implemented in reality. Investing can not be done blindly or in haste.
investigation and research are the most important thing to do before going into any ICO.
there are a lot of scam and fraud all over the net, not just now but since before.
if you will just grab something over it you will be in danger.
remember to study the ICO first. all the time!
there are a lot of scam and fraud all over the net, not just now but since before.
if you will just grab something over it you will be in danger.
remember to study the ICO first. all the time!
Hi, now there really are a lot of scammers, and you need to be more careful about what company to work with and where to invest. Unfortunately, it is not always possible to recognize who is good and who is bad.
From my personal experience i have decided not to invest in most of these ICOs being run everyday.They raise the money and start giving various excuses,cant even meet roadmap time lines and so on.And the worse part is that there is no form of regulation so you cant really take them on.Being fooled again by an ICO will be one of my major regrets in life.
Yes, these are the features of this market and you either accept the terms of the game and the risks or not. In the IСO format - just try to carefully select projects in which you want to invest
I think that tendency in real world same. Everyone wants to be better than another, that is cancer of capitalism.
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