Since 2009 to 2022, 13 years Bitcoin is a highest profit in crypto market and it has never scammed anyone.
Don't chase for altcoins with promises for high profit, Bitcoin is for everyone. In 2022 the market has FTT from FTX, LUNA and UST from Terra are two big failed and scam projects.
Bitcoin isn't scam. Altcoins are scam mostly. Your choice should be very easy.
Topic: High Profit Projects Are Prone To Scam - page 3. (Read 1257 times)
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.
I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader, it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?
I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader, it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?
It's true that irrational profits have the potential for fraud, I used to take part in a mining project on the web with a return of 30% per week, for the first week I got what the developer promised, and after that time I added value to increase income but at the end of the 2 weeks I can't withdraw, and at the last announcement it turned out that it was a fraudulent project used by scammers to make a profit.
things like this really have to be reminded of beginners who are easily attracted to fast and big income without reading first.
A project that is promising a return of investment is a major red flag. First of all you are an investors, There are certain risk in investing and it is the duty of an investor to know that. No project will say a bs that your investment will prosper with them. Too good to be true projects or investment are bad sign. You should research more or most likely avoid those project because those bonuses and massive returns are one sign of a project that has the characteristic of not being sustainable. If it's too good to be true, Just avoid it and never look back. I learned it before the hard way, Investing is not a form of easy money.
I highly agree, anything that offers a huge percent interest can be labeled a Ponzi Scheme and is a candidate to scam. We can support this statement by looking at the NFT projects and NFT games that offers huge APR and APY per year and end up dead making their investor lose huge amount of money. Also, you can watch the video of Coffeezilla in exposing scam projects and be able to point out major red flag to consider a project a possible scam.
A project that is promising a return of investment is a major red flag. First of all you are an investors, There are certain risk in investing and it is the duty of an investor to know that. No project will say a bs that your investment will prosper with them. Too good to be true projects or investment are bad sign. You should research more or most likely avoid those project because those bonuses and massive returns are one sign of a project that has the characteristic of not being sustainable. If it's too good to be true, Just avoid it and never look back. I learned it before the hard way, Investing is not a form of easy money.
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.
I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader, it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?
Many people ask to consider some of the things you mentioned, but scammers from a project generally occur in the middle of the presale or even at the end of the presale. The worst thing is when the project has made it through the presale period, with the target of raising funds having been reached, but they don't listing the coin on the exchange, and in the end they bring investors' money. I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader, it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?
Quote from: Sunrise360
1. So as a new trader, it is always important to do your own research before any Investment with any upcoming crypto project.
Personal research is very important to new traders in the community, because it will help them to understand so many things that will make them to escape scam projects. Many traders has learned their lesson from those that failed to Carry out their research before investing their money on a particular projects that lead them to losses at the end of the scam projects. I don't think, potential traders will lack personal research in this season, because they know how to identify scam projects in the community and how to invest in a genuine projects through research.
Yeah, you are very correct. The fact is these dev know that some investors are very greedy and would easily be prey by a high yield project, so they use that as a strategy to draw their attention and make them invest their money.
What they investor fail to ask is how is the dev goin to get all these monies they are promising, are they going to bring it out from their pockets or what?
Personally, I run away from project promising unrealistic ROI.
What they investor fail to ask is how is the dev goin to get all these monies they are promising, are they going to bring it out from their pockets or what?
Personally, I run away from project promising unrealistic ROI.
That's why it's important to do your own research, if someone checks how big the returns are and to which addresses they all go, you will see something suspicious. In most cases, there are just a few addresses that make all the hype...
High-profit projects can't be a project that just starts with operations, promises of high profit is used by scammers to attract people. More promises mean that project is a scam most likely. There are no guarantees, and when someone guarantees a profit just runs away.
There are many scam projects in the crypto market. In order to make profits and attract investors, many new projects will deliberately exaggerate and say that they will provide investors with the greatest profits. But over time many projects will turn into Ponzi schemes, will cryptographically prove that what they say is false, and always end up disappearing from the market as fraudulent.
That's right. This strategy to attract the investors are not new actually and those who will likely fall in this trap probably didn't conduct their own research before investing their hard-earned money.But I think most of us also experienced to invest in projects with too good to be true offer and it's because of our greed when we're still newbies. The good thing is, we learned from that experience and aware now that these projects are not worth to invest in.
This is an old tactic for investors to take the bait and invest more and advertise that they can high while re-investing their funds. I think that there is still a project that still using this kind of tactic but we all know that people will just go with the flow and invest even though it is very risky.
Quote from: Sunrise360
1. So as a new trader, it is always important to do your own research before any Investment with any upcoming crypto project.
Personal research is very important to new traders in the community, because it will help them to understand so many things that will make them to escape scam projects. Many traders has learned their lesson from those that failed to Carry out their research before investing their money on a particular projects that lead them to losses at the end of the scam projects. I don't think, potential traders will lack personal research in this season, because they know how to identify scam projects in the community and how to invest in a genuine projects through research.
Yeah, you are very correct. The fact is these dev know that some investors are very greedy and would easily be prey by a high yield project, so they use that as a strategy to draw their attention and make them invest their money.
What they investor fail to ask is how is the dev goin to get all these monies they are promising, are they going to bring it out from their pockets or what?
Personally, I run away from project promising unrealistic ROI.
What they investor fail to ask is how is the dev goin to get all these monies they are promising, are they going to bring it out from their pockets or what?
Personally, I run away from project promising unrealistic ROI.
There are many scam projects in the crypto market. In order to make profits and attract investors, many new projects will deliberately exaggerate and say that they will provide investors with the greatest profits. But over time many projects will turn into Ponzi schemes, will cryptographically prove that what they say is false, and always end up disappearing from the market as fraudulent.
That's right. This strategy to attract the investors are not new actually and those who will likely fall in this trap probably didn't conduct their own research before investing their hard-earned money.But I think most of us also experienced to invest in projects with too good to be true offer and it's because of our greed when we're still newbies. The good thing is, we learned from that experience and aware now that these projects are not worth to invest in.
There are many scam projects in the crypto market. In order to make profits and attract investors, many new projects will deliberately exaggerate and say that they will provide investors with the greatest profits. But over time many projects will turn into Ponzi schemes, will cryptographically prove that what they say is false, and always end up disappearing from the market as fraudulent.
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.
I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader, it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?
I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader, it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?
This has been discussed so many times. When the return is to good to be true, that's most likely a scam. I mean, who gives free money nowadays? Just put your money in it and expect a thousand folds return? nah, you must be dreamin. You have like 0.1% chance of landing that kind of project, and you're putting 99.9% of risk in putting your money in it.
Why not put your money to Bitcoin? These days seems a perfect time to buy more Btc. In 2024 Bitcoin will most likely going to have a it's new heights.
I guess most people knew before investment that the project would be a scam. They either believed that the money was something they could afford to lose or held a pipe dream that the 5 times returns might happen because they are the lucky ones. It's not hard to judge a scam project and most of us are able to tell whenever we see one. The difficult part is that many people choose to believe that 0.1% chance of winning. What is the difference between this and gambling ?
1. So as a new trader, it is always important to do your own research before any Investment with any upcoming crypto project.
(....)
If you are a trader on a centralized exchange. I rather trade high trading volume pairs, most of which are high market cap altcoins. Even if you don't do any fundamental research anymore if you are more into technical analysis when you do trading. Only downside of being a trader is the centralized exchange they are using when trading, they may get rekt once there will be problem on the exchange like withdrawal being halted or bankruptcy. (....)
Why in this industry would a project promised investors such ROI and they boldly and proudly sink their funds in that project, this is why i don't pay attention to altcoin because there is a very high tendency of scamming their investors with the intention of offering a high ROI. Most times i also noticed with such project is that, when the pressure is much they would like locked the telegram group after much questions from the community.
When next try to use the search button as this topic could be handled over time here.
For every user like you which immediately ignores any project that promises a high ROI there are 5 or even 10 other investors that instead give such project a lot of attention, scammers know very well that a great deal of the investors that are in this market do not care at all about the project in which they invest, they care about the profits and nothing more, so they know it is easy for them to claim they can give huge profits and that many investors will ignore everything just for that claim.When next try to use the search button as this topic could be handled over time here.
Some are still taking the bait of high profits, without considering the significance of the project itself.
However, they will soon realize that it is just a front of many projects because you need to be realistic with things.
How can you get high profits? Where will the dev team get their funds to supply or sustain their investors?
This is why most are becoming a pump and dump projects, and so they will eventually be abandoned by their owners.
Or else, the project will turn to be a ponzi scheme, capitalizing from new users who will buy the project.
Why in this industry would a project promised investors such ROI and they boldly and proudly sink their funds in that project, this is why i don't pay attention to altcoin because there is a very high tendency of scamming their investors with the intention of offering a high ROI. Most times i also noticed with such project is that, when the pressure is much they would like locked the telegram group after much questions from the community.
When next try to use the search button as this topic could be handled over time here.
For every user like you which immediately ignores any project that promises a high ROI there are 5 or even 10 other investors that instead give such project a lot of attention, scammers know very well that a great deal of the investors that are in this market do not care at all about the project in which they invest, they care about the profits and nothing more, so they know it is easy for them to claim they can give huge profits and that many investors will ignore everything just for that claim. When next try to use the search button as this topic could be handled over time here.
indeed the current situation continues to make many new projects that arise will always end up being fraudulent, because investors have refrained from investing in new projects. resulting in many new projects providing unreasonable incentives for investors with the aim of investors wanting to invest their funds in the new project.
Op is true that many new projects run away and leave investors without responsibility, but what happens the most is that the value of the investment does not match the promises made, investors suffer a lot because the funds invested have actually shrunk or even become worthless.
but there are also new projects that are very wise and willing to be responsible, they return the funds that have been collected to investors because the fundraising is not in accordance with what was targeted. but those who have this kind of behavior are not comparable to those who commit fraud, so they are not heard.
there are indeed many ways to avoid fraud and many have provided information, but it must also be remembered that sometimes they are indeed more shrewd than investors, so it's no wonder that we will always hear of many fraudulent projects.
Op is true that many new projects run away and leave investors without responsibility, but what happens the most is that the value of the investment does not match the promises made, investors suffer a lot because the funds invested have actually shrunk or even become worthless.
but there are also new projects that are very wise and willing to be responsible, they return the funds that have been collected to investors because the fundraising is not in accordance with what was targeted. but those who have this kind of behavior are not comparable to those who commit fraud, so they are not heard.
there are indeed many ways to avoid fraud and many have provided information, but it must also be remembered that sometimes they are indeed more shrewd than investors, so it's no wonder that we will always hear of many fraudulent projects.
Why in this industry would a project promised investors such ROI and they boldly and proudly sink their funds in that project, this is why i don't pay attention to altcoin because there is a very high tendency of scamming their investors with the intention of offering a high ROI. Most times i also noticed with such project is that, when the pressure is much they would like locked the telegram group after much questions from the community.
When next try to use the search button as this topic could be handled over time here.
When next try to use the search button as this topic could be handled over time here.
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.
I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader, it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?
I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader, it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?
This has been discussed so many times. When the return is to good to be true, that's most likely a scam. I mean, who gives free money nowadays? Just put your money in it and expect a thousand folds return? nah, you must be dreamin. You have like 0.1% chance of landing that kind of project, and you're putting 99.9% of risk in putting your money in it.
Why not put your money to Bitcoin? These days seems a perfect time to buy more Btc. In 2024 Bitcoin will most likely going to have a it's new heights.
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.
I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader, it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?
Don't be fooled by the many new high-yield projects on the market. The high profits mentioned by the project party are their fraudulent means to attract more investors, and it is their mode of operation. In-depth research must be done before investing in a project to ensure that the project has good potential and profitability in the future. I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader, it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?
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