As far as i remember i have put my money into the scam project when yearn finance was getting hyped. There were bunch of scam projects when defi got hyped last year.
So many bubble appearing used the popuilarity that already gained by YFI. The same situation is happening with dogecoin right now.
Dogecoin makes a lot of new bubble is popping out.
Topic: How many scammers have you funded by putting your money in? - page 11. (Read 1647 times)
Thats how we have been fall for those newly created projects. I also invested in a scam ones before. Bought cheap shitcoins that until now has a no value at all in exchange of ethereum. I bought it for some ethereum not aware before that those coins are not worthy enough to hold. Indeed a lesson learned that we might choose the established and potential ones rather than taking a risk to those newly projects.
I don't think there's no shame admitting that we make mistakes, that's where you learn from. Sometimes even with DYOR, legit looking projects turn out to be scams. And sometimes we just want to risk it.
During last bullrun ico frency 2017-2018 many people were saying that ICO scams are now over and next time people will be smarter. However now there are more scams then ever, especially rug pulls in uniswap and pancakeswap. We just don't call them ICOs anymore.
My failures of judgement contain 2 icos from many years ago which were obvious scams in hindsight : Swiss Alps Mining, Envion and one latest where Dev disappeared after i aped in to some BSC shittoken for the hopes of 2x-10 flip (i can't even remember the name of it).
Luckily i haven't invested anything i couldn't lose (to scams anyway), and i have even made money with investing to something that turned out to be scam later on. But still they are obviously annoying.
So i would like to hear your stories on how did you get scammed. Was it because you aped in without research or something else?
I didn't participate in any ICOs but I did invest in a lot of scam projects on Ethereum. Several projects rugpulled liquidity and another deployed a contract that doesn't let you sell. From then on I began only investing in mineable projects like 0xMR and RVN. Those projects have no dev wallets so it's impossible for them to exit scam or rug-pull. My investments are now safe. During last bullrun ico frency 2017-2018 many people were saying that ICO scams are now over and next time people will be smarter. However now there are more scams then ever, especially rug pulls in uniswap and pancakeswap. We just don't call them ICOs anymore.
My failures of judgement contain 2 icos from many years ago which were obvious scams in hindsight : Swiss Alps Mining, Envion and one latest where Dev disappeared after i aped in to some BSC shittoken for the hopes of 2x-10 flip (i can't even remember the name of it).
Luckily i haven't invested anything i couldn't lose (to scams anyway), and i have even made money with investing to something that turned out to be scam later on. But still they are obviously annoying.
So i would like to hear your stories on how did you get scammed. Was it because you aped in without research or something else?
talking about the scammer problem at the ICO, I think I was involved in several projects with promising prospects, but from what I remember, I did not get my money back. from this point on, I really do my selection of what I choose. however, ICOs are still profitable if you choose really good ICOs. however, for now, it looks like we need to be careful to avoid scammers.
I have not put any money on the ICO created by scammers, but I do put effort by joining their bounty campaign and advertising them in this forum later found out that they aren't willing to pay their bounty participants and later they turned into a scam. I believe majority of us had experienced this kind of thing. So I guess this is the same as putting money into their project. If I recall almost majority of the bounty campaign during 2018 - 2019 turned to scam their bounty participants so I couldn't even recall how many times I had been scammed since in all the campaign I joined, only a few of them paid.
When I notice that the prices of ICO tokens listed on exchanges are jumping up especially when coins are listed on binance, I started thinking of buying as an early investor and then sell when listed. The good part is that bounty hunters will not have the chance to sell it yet because investors are the first to get the tokens on binance. I sent a tiny bit of ETH just to test ICO project. I have some success and failures as well in making a profit.
The scammers in 2018 have the guts to show their faces on linkedin which will make you believe they are real people. Later you know you are scammed if someone figured the photos they put on their team profile are fake.
The scammers in 2018 have the guts to show their faces on linkedin which will make you believe they are real people. Later you know you are scammed if someone figured the photos they put on their team profile are fake.
quite a lot, because I invested heavily in new projects. 2017-2018 was the worst year for me. My portfolio has become worthless, and I was fooled by many scam projects. That's why I'm no longer interested in investing in ICO/IEO/IDO, I'm more interested in projects that have been tested and have a large market cap.
Im so glad that i never invested in the scam icos, even when the icos became failed and I could still leave the market without any loss.
I were always doing research with my friends. I were only using icodrop as a way to determine which ico will become the legit project.
Flow, solana, ADA, injective, and many more. Im glad that I have become the early investors of those projects.
I were always doing research with my friends. I were only using icodrop as a way to determine which ico will become the legit project.
Flow, solana, ADA, injective, and many more. Im glad that I have become the early investors of those projects.
For ico fraud I experienced 3 in 2018, 2 in 2019. And that's all I did without research. I bought and invested there based on high Twitter followers and the active community in telegram. I don't even remember the name of the project because I just joined in. I even found out the project was a scam after the telegram was inactive for a few months. i admit i am very stupid haha
I don't think there's no shame admitting that we make mistakes, that's where you learn from. Sometimes even with DYOR, legit looking projects turn out to be scams. And sometimes we just want to risk it.
During last bullrun ico frency 2017-2018 many people were saying that ICO scams are now over and next time people will be smarter. However now there are more scams then ever, especially rug pulls in uniswap and pancakeswap. We just don't call them ICOs anymore.
My failures of judgement contain 2 icos from many years ago which were obvious scams in hindsight : Swiss Alps Mining, Envion and one latest where Dev disappeared after i aped in to some BSC shittoken for the hopes of 2x-10 flip (i can't even remember the name of it).
Luckily i haven't invested anything i couldn't lose (to scams anyway), and i have even made money with investing to something that turned out to be scam later on. But still they are obviously annoying.
So i would like to hear your stories on how did you get scammed. Was it because you aped in without research or something else?
During last bullrun ico frency 2017-2018 many people were saying that ICO scams are now over and next time people will be smarter. However now there are more scams then ever, especially rug pulls in uniswap and pancakeswap. We just don't call them ICOs anymore.
My failures of judgement contain 2 icos from many years ago which were obvious scams in hindsight : Swiss Alps Mining, Envion and one latest where Dev disappeared after i aped in to some BSC shittoken for the hopes of 2x-10 flip (i can't even remember the name of it).
Luckily i haven't invested anything i couldn't lose (to scams anyway), and i have even made money with investing to something that turned out to be scam later on. But still they are obviously annoying.
So i would like to hear your stories on how did you get scammed. Was it because you aped in without research or something else?
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