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Topic: if you want to invest in crypto... - page 8. (Read 1199 times)

sr. member
Activity: 1330
Merit: 326
July 31, 2020, 01:03:30 AM
#34
Not only the team. There are so many things we have to consider before investing in crypto projects or any crypto investments.

-Identifying risks.
-Flexible management.
-Product use and potential.

Better to DYOR before investing. It's good to know how those projects we are going to invest is developing at the moment, how their progress is doing so far, etc. Not because we are reading good about that project doesn't mean we are going to invest into it right away.
Invest wisely.
hero member
Activity: 3038
Merit: 617
July 31, 2020, 12:58:00 AM
#33
the problem even if they are real when they want to scam you cannot do anything about that.. i know some projects that did like this but after all they were all scammers. the project was successful in their ico but in the end, they end abandoning the project and their investors
There have been many projects like this in the past and their strategy was initially very impressive and attracted many investors to participate but after the sale was completed, the project disappeared very quickly. That is why I am afraid to invest in ICO projects because there is always a risk when investing. Now IEO is becoming a more upgraded version and can guarantee you liquidity if that project is IEO at big exchanges.

Some of them that were caught just go on with their lives like there is no consequences to their scam actions. The only satisfying news I heard was that of the ONE coins scammer/promoter who was killed. Two of them were murdered in Mexico which is something that shold really behappening to these guys because they have destroyed lives of the investors and so should thier lives as well.

Exchanges who are involve in doing IEO scam should also be penalized. P2pB2b actually were caught with fake team but stil ceast to operate.
hero member
Activity: 1050
Merit: 501
corion.io
July 31, 2020, 12:54:48 AM
#32
You're right. Project team members must have real LinkedIn profiles and all information must be clear. Never trust project without team information. Also, they must have some related experiences with project products, in crypto and finance field.
Nowadays its very easy to fake their identity thats why its a must to do an extensive research not only for the team but for their whole project. If you see an indication that it can be a scam then have doubt and think carefully. There are many scam projects existing specially the new one thus I prefer to invest in a popular coins because they already prove their uses and worth.
If you spend so much time analyzing the project and its team, then it is easier and I think it will be even more profitable to invest in Ethereum.
hero member
Activity: 3010
Merit: 629
July 31, 2020, 12:09:39 AM
#31
You're right. Project team members must have real LinkedIn profiles and all information must be clear. Never trust project without team information. Also, they must have some related experiences with project products, in crypto and finance field.
Nowadays its very easy to fake their identity thats why its a must to do an extensive research not only for the team but for their whole project. If you see an indication that it can be a scam then have doubt and think carefully. There are many scam projects existing specially the new one thus I prefer to invest in a popular coins because they already prove their uses and worth.
copper member
Activity: 406
Merit: 1
July 30, 2020, 11:41:09 PM
#30
to prove they're not scammer project and minimize your investment of being scam...

1. look for the team if they're legit and real human... prove to yourself if they're human and real, not fake linkin from russia, reddit or facebook stuff...
2. list your find...

You're right. Project team members must have real LinkedIn profiles and all information must be clear. Never trust project without team information. Also, they must have some related experiences with project products, in crypto and finance field.
sr. member
Activity: 440
Merit: 250
#SWGT CERTIK Audited
July 30, 2020, 10:57:36 PM
#29
the problem even if they are real when they want to scam you cannot do anything about that.. i know some projects that did like this but after all they were all scammers. the project was successful in their ico but in the end, they end abandoning the project and their investors
There have been many projects like this in the past and their strategy was initially very impressive and attracted many investors to participate but after the sale was completed, the project disappeared very quickly. That is why I am afraid to invest in ICO projects because there is always a risk when investing. Now IEO is becoming a more upgraded version and can guarantee you liquidity if that project is IEO at big exchanges.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
July 30, 2020, 06:53:42 PM
#28
to prove they're not scammer project and minimize your investment of being scam...

1. look for the team if they're legit and real human... prove to yourself if they're human and real, not fake linkin from russia, reddit or facebook stuff...
2. list your find...

yes, the team is the most important things to learn if we want to invest in any project, because a project will success or not is depends on their team
then i will read their whitepaper my friend, because a good project will have a pure whitepaper not a copy from other project
The team in the new project just like a brain in the project itself. It has been running all of the operations that happened in the project. When the team was a fake team and there was no chance for the ico to be a successful project. This is also the main point that needs to be analyzed before trying to invest in the ico. the fake team will always be correlated with scam ico.
sr. member
Activity: 1092
Merit: 250
July 30, 2020, 05:51:22 PM
#27
to prove they're not scammer project and minimize your investment of being scam...

1. look for the team if they're legit and real human... prove to yourself if they're human and real, not fake linkin from russia, reddit or facebook stuff...
2. list your find...

yes, the team is the most important things to learn if we want to invest in any project, because a project will success or not is depends on their team
then i will read their whitepaper my friend, because a good project will have a pure whitepaper not a copy from other project
member
Activity: 560
Merit: 14
July 30, 2020, 05:50:10 PM
#26
to prove they're not scammer project...

1. look for the team if they're legit and real human... prove to yourself if they're human and real, not fake linkin from russia, reddit or facebook stuff...
2. list your find...
There's a lot of tips before here in the forum before investing on cryptocurrency and I can't agree that much with this one.

1. Real human doesn't guarantee that the project is legit or can succeed in the future, you still need to dig dipper and know the purpose of the project because if its just a copy paste of other project, then it will be hard for them to succeed.

2. Listing your findings can help you monitor on what projects excel on every sector. If you are serious on investing to a new project then have at least 3 choices and compare those projects and invest to those who excel.

i should say minimize
Firstly, i want you to understand that crypto scammer are using different strategy to scam investors and if you have hear of Onecoin (Google cryptoqueen) and their team which was totally a project created by real people.
Second, the best tip which will save investors from crypto scammers is to invest after listing or a year after the project is successful launch but for those that love to invest in initial offering they need to understand the risk in crypto investment and never invest more than they can afford to lose
Investing after the project has hit on an exchange for about a year plus, is the best thing to do. By then you'll know the real volatility of the project. Whether it worth investing or not
Nothing pains more, than seeing a project you invested with good money, in year's to come, you're losing your whole investment
legendary
Activity: 1764
Merit: 1000
July 30, 2020, 03:51:34 PM
#25
Check out the quality of their social media channels, a promising project will be supported by a strong, active community. Do not trust too much on Crypto score ratings because this kind of scores can be bought for money.

i agree. i don't understand the need of these ico score rating. these rating, just like coindesk, if they're invest or get the free coins/tokens they would write really good thing about them. 
member
Activity: 126
Merit: 10
July 30, 2020, 09:51:29 AM
#24
Do you know most scammers are human too so I don't get why you have to emphasis on whether they're real human or not? Scam can come from anywhere even if they're by using real LinkedIn profiles or background details. They won't outcry scam you right away with their real profiles but things like "project failed" or "price too low",... That kind of stuff to make you abandoned the project and consider it as a failed investment.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
July 30, 2020, 09:23:27 AM
#23
to prove they're not scammer project and minimize your investment of being scam...

1. look for the team if they're legit and real human... prove to yourself if they're human and real, not fake linkin from russia, reddit or facebook stuff...
2. list your find...
Looking for real Human backing the project don't prove their legitimacy mate,though this is one  good reason to investigate  but now that even
personality is  available  in internet?there will be others  that  will find ways  to Hide their real personality.
actually in fast  i use this as material to check if the project is legit but i got  tired because still even their legit  yet  scam is in the end.



I believe to  find a good project?better  ask for  the help of  investigator  here,create  a thread asking about  specific project that you are eying and let them do the Job for you.
I believe that  you have already idea who are the people that i am talking,those good investigator in scam accusation section.

we are not safe on our own way mate,unless  you have the skills and  knowledge ,and also experience in finding them.
but for now?nothing is safe specially in ICO scamming.
hero member
Activity: 2674
Merit: 696
Dimon69
July 30, 2020, 08:55:22 AM
#22
Scammers are everywhere. Everyone should be extra vigilant and learn not to trust immediately. Checking of legitimacy of projects and profile of users should be a priority.
Practice researching a lot, monitoring activities and be rational enough to know that crypto world is always risky.
But if done right, it is worth the risk.

Also it's good to ask in a group or atleast in your local section if what they thought regarding the project, if they have experienced from it or any idea if it's worth investing. The decision will depend on you still. But if you think you already do your own research and already check the team and have extra money to invest with then give it a shot. It might be worth risking, and once invested make sure to monitor it to stop loss if the price didn't go well.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
July 30, 2020, 08:30:48 AM
#21
to prove they're not scammer project and minimize your investment of being scam...

1. look for the team if they're legit and real human... prove to yourself if they're human and real, not fake linkin from russia, reddit or facebook stuff...
2. list your find...

All of them will not always guarantee to get the right project because it is hard to select the right project without having the right knowledge. Even if we have the knowledge, sometimes we can miss something that can be the next point that will compare them between the fake project and real project. The one thing that you should do is only search for more and more about the project that you interest, and find out more to get the information about the project, so you can choose them or leave them.
member
Activity: 1008
Merit: 12
SAPG Pre-Sale Live on Uniswap!
July 30, 2020, 07:30:51 AM
#20
to prove they're not scammer project and minimize your investment of being scam...

1. look for the team if they're legit and real human... prove to yourself if they're human and real, not fake linkin from russia, reddit or facebook stuff...
2. list your find...
I like the fact that the community here is proactive and helping their fellow members regarding due diligence before investing in any project. Yes, team members are really important but sometimes the people behind these projects are too clever and they are able to dodge the community so there is even more requirement of efforts from senior community members here to keep an eye on each project.
member
Activity: 690
Merit: 12
There are consequences for every action
July 30, 2020, 07:27:08 AM
#19
if you want to invest in crypto... be prepared for sleepless nights, as the crypto market does not sleep, for gray hair due to high volatility, and be prepared to lose some of your investment.

Yes you are right; to invest in crypto currency requires sleepless nights; but not just sleepless nights; you always need to make the most of your sleepless nights by figuring out facts and terms for you to invest in any crypto currency project. For example; i always avoid projects with unaccessible team members.
hero member
Activity: 1498
Merit: 506
July 30, 2020, 07:23:37 AM
#18
Scammers are everywhere. Everyone should be extra vigilant and learn not to trust immediately. Checking of legitimacy of projects and profile of users should be a priority.
Practice researching a lot, monitoring activities and be rational enough to know that crypto world is always risky.
But if done right, it is worth the risk.
sr. member
Activity: 1652
Merit: 262
SOL.BIOKRIPT.COM
July 30, 2020, 07:22:38 AM
#17
can telegram bot be categorized as a scammer? if so, yobit does that. every day I receive information from the bot about investing. I think everything related to bots, will end badly. if you really want to invest, in my opinion you just go to the market exchange and buy directly there like binance, etherdelta or forkdelta.
sr. member
Activity: 1022
Merit: 276
★Bitvest.io★ Play Plinko or Invest!
July 30, 2020, 07:16:58 AM
#16
to prove they're not scammer project and minimize your investment of being scam...

1. look for the team if they're legit and real human... prove to yourself if they're human and real, not fake linkin from russia, reddit or facebook stuff...
2. list your find...
Aside from that, searching for their location can actually help. Looking on it in google maps to verify if the given location is really their working place. This way, we can verify if they just grab the address that they use for their project or if it is legit. There are more other ways to prove that they are not scammer, that's why we should always do the investigation and find every information we need to confirm.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
July 30, 2020, 07:09:23 AM
#15
I do agree with you dude, the team must also able to prove themselves. Sometimes this can't be a strong point to determine whether the team can be trusted or not. It looks like we must try to take various things to be used in our research too.
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