2017 - 2018 I have never funded or invested in, but I ran out of time to hunt for fake coins so that I never got to profit, there were only fake coins that had no price.
In the 2017 - 2018 period there were so many fake coins that were born that some of them are now dead and will never have a price, which is still there, but most of the fake coins were born in 2018 alone. 
Topic: How many scammers have you funded by putting your money in? - page 8. (Read 1599 times)
2017 - 2018 I have never funded or invested in, but I ran out of time to hunt for fake coins so that I never got to profit, there were only fake coins that had no price.
Joined ICO, local project the developer is same country as me. But the project really hype and look very promising. But after ICO end, the dev showing off new phone and people start think that the guy bought it with money from ICO. And then usage of investment money that different from their whitepaper make the coin die instantly. A lot of people lose in their investment include me.
When it comes to ponzi/hyip then there are lots i had funded in due to greediness.
-Hashocean
-Those obvious doublers/HYIP
When it comes to ICO
-Snovio
-Kickcity
and more....
If i do have just simply save up those coins on long term then i might already be a millionaire on the current market condition.
Its just stressing a bit on minding those bad experiences again.
-Hashocean
-Those obvious doublers/HYIP
When it comes to ICO
-Snovio
-Kickcity
and more....
If i do have just simply save up those coins on long term then i might already be a millionaire on the current market condition.
Its just stressing a bit on minding those bad experiences again.
I just felt 1, sha-256.io
Have you ever heard that name?
Have you ever heard that name?
yes, of course I think everyone has experienced events like this, especially new in the crypto world. And I have also been fooled by things like this even though the losses are only small but in the past I never learned from mistakes and greedy when it comes to great rewards.
but for now it's different, I am more patient and do more research first because in the past I was more concerned with my greed and now I have started to understand how the system in crypto works I have made my dark experiences in the past a valuable lesson
but for now it's different, I am more patient and do more research first because in the past I was more concerned with my greed and now I have started to understand how the system in crypto works I have made my dark experiences in the past a valuable lesson
I got scammed not for my money but my time because I worked for a project for as long as I could as I was their ANN, website and whitepaper translator and later, they scammed everyone by putting everything offline. I lost around $1000 which could have been worth a lot more if the project worked out as expected, and a lot of time that I dedicated behind their thread.
In the past, I lost quite a lot of money from my work in 2017 due to the wrong choice of ICO investment. Right now I already have a limit on investing in the high risk investment category. which will be my guide to be more selective in choosing. Of course I don't want to be wrong in choosing an altcoin. now when the market is experiencing an upward trend there will be many new projects that appear. and I anticipate being careful in choosing
Thankfully, I haven't put even a cent in a scam project so far. But it doesn't mean it is guaranteed that I won't unwittingly also. We all should be very careful about scammers really. There are many projects in the market which may seem as credible but they're not actually.
But it doesn't mean it is guaranteed that I won't unwittingly also. We all should be very careful about scammers really. There are many projects in the market which may seem as credible but they're not actually. 
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?
when investing in ICO there were several fraudulent projects that have taken my money and among them I even invested my money as much as $ 1000 in a project called Bitconnect and while investing in ICO, the Bitconnect project was a project that I lost the most money at that time, meanwhile In other ICO projects, I would only invest as much as $ 100- $ 200 and to be honest I have given up on investing in ICOs and better trade now. 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?
Sometimes even with DYOR, legit looking projects turn out to be scams.
That's the situation with me. And I believe with many others here too. The DYOR thing doesn't seem to work most of the time because one may not even know the right places to look. Scammers are very clever. They can mask the tiniest bit of item that will give them away, except one is lucky to have stumbled on that slip before it's erased. Sometimes this slip can come from an insider who may not like the idea of others in the team scamming innocent investors. I suffered a few times in 2017 when I newly joined this crypto industry. I had invested heavily in ICOs only for most of them (if not all) to vanish. This is the single reason you won't catch me investing in ICOs today, no matter how profitable an ICO project may sound. I don't, and won't. I rather wait for the project to be listed on reputable exchange before investing.And sometimes we just want to risk it.
Why would anyone know that a project is a scam or a ponzi and still invest in it? That's stupid risk. 
Omg. I have been fooled so many times that it is quite embarrassing to talk about it. I have been in this industry for soooooo long and have seen good projects that are obviously better than the ones I invested in. Its just that my dumb eyes back then were easily fooled by baseless and too good time be true promises. Good thing though is I only invest amounts that are of not that much use to me so I can easily move on from the pain. But still though, I could've been sitting on hundreds of thousands of dollars had I invested in the right ones instead back then. I even invested on doge due to my stupidity back then but sold when I realised it was a joke of a coin but now I feel even more dumb than ever watching how much dogecoin went up in price recently. This industry is making me nuts!
As I said above, though, not even good projects that you spend days and weeks to do due diligence can guarantee you it's safe.
So no need to feel humiliated I guess. I feel really bad thinking about it but I try to see those experiences as lessons that I've learnt and hopefully use to remind me never to trust people too much, no matter how good things look and feel.
I only joined in different ICO projects through bounty campaign, but I never try neither to think of it to invest in any of them.
Because, I knew that buying or investing in any of the ICO is too risky actually, and I've seen a lot of investors got run their investment
after the ico project collected a huge amount of fund but I am not saying all of them, of course there is still some of them are legit to join
in anyhow.
Because, I knew that buying or investing in any of the ICO is too risky actually, and I've seen a lot of investors got run their investment
after the ico project collected a huge amount of fund but I am not saying all of them, of course there is still some of them are legit to join
in anyhow.
In 2018 there were a lot of people losing money with scam ICO, at which point people were investing in ICO based on hype.
I also participated in a few ICOs at that time and lost my money, it was a sad experience.
I was one of the victims. At that time I was still a newbie and was carried away by the hype, so I joined ICO without doing any analysis first. yes, it's purely my fault. after that I lost up to 80%. I forgot the name of the project, which I don't want to remember anymore. lolI also participated in a few ICOs at that time and lost my money, it was a sad experience.
That's an important lesson for me, since then I have been more careful before joining any project and prefer projects that are already running and have good prospects.
I think that year there were also many who experienced the same thing.
A lot of people participating in the crypto market in 2018 face the same situation as you. At that time people were easily deceived by the lies of scammers and were willing to invest in new projects without even studying it.
This is not an easy one to say. I have traded countless cryptocurrencies, I don't remember how many went to bottom and how many made it. I had to stop in 2018 as everything was looking very bad, and restarted again last year with altcoin trading. I have lost money to projects that were not exactly scams, or at least not having been accussed as that. But maybe when the founders dump their stack of dev tokens this is a scam too. I see the overall performance of my investment and have in mind that many of those may be scams, or shady with devs getting ready to dump.
2017 was a tough year at this point, you're right this is how we learn.
Now I'm checking the info like 100 times before investing!
And I always talk with newcomers to explain them and share my experience, making sure scammers won't earn anything BUT there are lots of stupid people around as well and they won't listen to you even If you warn them
Crypto is a very risky thing, but once you found a couple great projects you will be ok
Good Luck
Now I'm checking the info like 100 times before investing!
And I always talk with newcomers to explain them and share my experience, making sure scammers won't earn anything BUT there are lots of stupid people around as well and they won't listen to you even If you warn them
Crypto is a very risky thing, but once you found a couple great projects you will be ok
Good Luck
Previously participated in such projects... It's good that i didn't involve my friends or strangers in such projects. After losing money i decided not to risk anymore in such projects it's better to under-earn than to lose everything.
you lost your money so thats not what you called under earn but under earn is when you have some funds left or you sell at a loss and that is the best thing to do if you are sure that the value of your token will go down deep but you have learned your lesson because you are not investing in the same kind of projects .lets not waste time on scam and unsure projects because we have legit cryptos that we can invest in . btc to name one
Previously participated in such projects... It's good that i didn't involve my friends or strangers in such projects. After losing money i decided not to risk anymore in such projects it's better to under-earn than to lose everything.
i dont really participate in ico but its slightly inevitable to fall for one especially perfected ones even with the team and everything if you really do participate in it. this is mostly common with shitcoins which are rampant now. but everything is a lesson which we must take every lesson with us and apply it forward.
I have never participated in an ICO made by a scam or original, but I was fooled by individuals with the purchase of token which I have the lure of big transactions without a rekber . there are at least 3 different projects, but I am not ashamed to say that I have fallen prey to scammers several times in the past, because it was become my lesson for now , and not to sell tokens outside the market anymore
Jump to: