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Topic: Its a big red flag (Read 310 times)

member
Activity: 1540
Merit: 22
March 02, 2022, 02:45:42 AM
#59
I myself, if I want to invest, focus on buying crypto that has been listed and has good fundamentals, then diversify into several cryptos and long-term hold and crypto daily trading is also high risk because crypto price movements can go up and down very quickly every day at least this way is much easier. safe for future investment.
hero member
Activity: 1540
Merit: 772
March 02, 2022, 02:30:08 AM
#58
Avoid investing money on projects where their main point and focus is on the profits you will make, they promise fake guarantee also a a safeguard method that will make you very rich..this is a big red flag

If all the team talks about is money that you will earn without any explanation how they will make that happen and also no technical professionals behind it it's a big red flag.
Right.
Good projects are those that explain how the project was developed so that we know how we will benefit instead of talking about how much profit we will get without us knowing how they work so that it can give us a profit.
sr. member
Activity: 1701
Merit: 308
March 02, 2022, 01:29:56 AM
#57
Indeed this is always stuck for investors who want to get quick profits so they do not realize that it is an offer that only gives a false lure, Many projects like that work teams do not develop their projects as much as possible because they do want to forgive investors for profit alone, so things like this are very rare for us to develop so that we do not fall into fraudulent projects.
hero member
Activity: 2688
Merit: 588
March 02, 2022, 01:18:32 AM
#56
Avoid investing money on projects where their main point and focus is on the profits you will make, they promise fake guarantee also a a safeguard method that will make you very rich..this is a big red flag

If all the team talks about is money that you will earn without any explanation how they will make that happen and also no technical professionals behind it it's a big red flag.
True. I always question any project that promises huge profit, and not just only the ones that are promising huge profit, but all of them. I always make sure that I understand what the project is all about and how the team plans to be making their own money, then I evaluate with how much they promise to be giving their investors to see the possibility of that and know whether it is going to work out or not.

If I don’t really see the possibility of what they are promising, then I am out of it and not taking any of those risks.It’s very important that everyone gets to assess anything they see before they decide to take part of it. Some people, especially those are new to this make the mistake of not checking properly.
full member
Activity: 616
Merit: 100
March 01, 2022, 10:10:06 PM
#55
Avoid investing money on projects where their main point and focus is on the profits you will make, they promise fake guarantee also a a safeguard method that will make you very rich..this is a big red flag

If all the team talks about is money that you will earn without any explanation how they will make that happen and also no technical professionals behind it it's a big red flag.
it's valid

a project should provide a concept and also provide a roadmap of a real long-term investment plan before releasing it to the public.

a project that has a real and clear goal usually doesn't always look for big profits, they focus on the project journey. So, if there is a project that gives a lot of promise and is big in terms of money, I think it's a fake investment
sr. member
Activity: 2380
Merit: 366
March 01, 2022, 08:22:43 PM
#54
Unfortunately, that is the direction that majority of the projects are taking. Although of course they need to present the technical side, it is very obvious that many of the projects we have right now are nothing but profit-making attempts. While they have whitepapers, a development team, planned products, roadmaps, etc, we could easily tell that they are only presenting these to comply with the basic. Behind all these presentations is the only agenda which is to make profit.
We also invest to make profit, the only way for investors to make profit is to invest early provided that we know that we are in a right project. Since some good projects no matter how good their perspective and idea of what their project can achieve once they see money and got blinded in the idea of having it without doing anything in their project will be the start of the dump of their project. ICO before have bright future and the ideas were too good that after they got money from investors they just left and make their project a scam.
True, investors who take the risk of investing at the beginning of the project will be launched, will get a bigger profit. Who invests must plan for future profits. but it all depends on where we put our money. if we choose the wrong project then we can lose everything. and that's of risk.
but some investors like to invest when the token is open for trading on the market. and they just came in. indeed can avoid the risk of tokens not being listed on the exchange. but it does not cover the risk of fraudulent projects. nowadays many are listed on exchanges and traded but the development team is missing.

The risk is much higher if you invest in a project which is just launched. There are so many information that we can get from the history of crypto investment which tells us that investment in new projects could fail more than investment made in already running and established projects. If I am made to choose between Ethereum for example and a new project which has nothing but promises, I would rather choose Ethereum.
sr. member
Activity: 1792
Merit: 293
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
March 01, 2022, 06:07:43 PM
#53
somehow projects like this are easier to attract people to buy. Even though they know about the risks of getting into a potentially scam project like this they just don't care. What they consider cheap will make a lot of profit in the future. I think that's an unreasonable statement how a project that was originally only promoting their sales could survive in the long term. They only whisper a big discount on every public purchase. after that go when their coin release on the market a few weeks. This kind of project should at least be completely avoided whatever the losses we make also come from our greed to get big profits. that's why we're interested in obscure projects like this.
sr. member
Activity: 2016
Merit: 283
March 01, 2022, 05:16:54 PM
#52
Avoid investing money on projects where their main point and focus is on the profits you will make, they promise fake guarantee also a a safeguard method that will make you very rich..this is a big red flag

If all the team talks about is money that you will earn without any explanation how they will make that happen and also no technical professionals behind it it's a big red flag.
there's no such thing, i mean a way that can make you rich easily.. Its immediately a red flag for me when i see a information which obviously very impossible and suspicious.

Probably if you're new on these space especially if you are lack of information because surely you will fell on that way of scamming people around the internet as its  still very common even these days.
hero member
Activity: 2744
Merit: 588
March 01, 2022, 05:12:18 PM
#51
You must think twice before investing. You must discuss enough about the project you want to invest in and then invest.There are many projects where they will make you dream of becoming very rich and later they will deceive you.Never invest in projects that will make you dream. They are covered by the biggest red flag.Invest before looking at the team and their activation before investing otherwise don't.
This is an old investment scheme, they always give you a promise about making profit but in reality it doesn’t exist at all. If the project talks more about the possible income without even talking about their future plans on how to provide quality services and improve their project, then that is a red flag. Avoid investing on a too good to be true project, analyze properly and don’t be a victim of those scammers.

Before, a lot of projects were saying "to the moon", and most of them actually died after few months.
I believe many investors already did learn their lessons well in the past.
Only few and mostly newcomers are being victimized by these substandard projects.
If you can't see a tangible plan and progress and all talks only, for sure, they won't last in this market.
legendary
Activity: 3752
Merit: 1415
March 01, 2022, 05:06:17 PM
#50
Avoid investing money on projects where their main point and focus is on the profits you will make, they promise fake guarantee also a a safeguard method that will make you very rich..this is a big red flag

If all the team talks about is money that you will earn without any explanation how they will make that happen and also no technical professionals behind it it's a big red flag.

I mean that should be standard.  The problem though is no one really cares about altcoin projects and it's technicals.  They want to put their money in pump and dumps.  No one really believes in most any of these alts.  They are just pump toys to stack more sats.  
full member
Activity: 2086
Merit: 193
March 01, 2022, 04:59:08 PM
#49
You must think twice before investing. You must discuss enough about the project you want to invest in and then invest.There are many projects where they will make you dream of becoming very rich and later they will deceive you.Never invest in projects that will make you dream. They are covered by the biggest red flag.Invest before looking at the team and their activation before investing otherwise don't.
This is an old investment scheme, they always give you a promise about making profit but in reality it doesn’t exist at all. If the project talks more about the possible income without even talking about their future plans on how to provide quality services and improve their project, then that is a red flag. Avoid investing on a too good to be true project, analyze properly and don’t be a victim of those scammers.
sr. member
Activity: 1610
Merit: 264
March 01, 2022, 04:22:30 PM
#48
~
There was one attempt on me just recently where they were like wanting to "work with me" but then started talking about money in the end. They might had thought that I was into them already and I wouldn't mind handing them over my money but meh. I don't trust a lot of people in the internet.
One of the usual tactics of these scammers also is targeting the elderlies and having to throw random techy words into them making them somehow convinced that the crap was real.
hero member
Activity: 2856
Merit: 674
March 01, 2022, 03:57:42 PM
#47
Avoid investing money on projects where their main point and focus is on the profits you will make, they promise fake guarantee also a a safeguard method that will make you very rich..this is a big red flag

If all the team talks about is money that you will earn without any explanation how they will make that happen and also no technical professionals behind it it's a big red flag.
It certainly is.

A project should be focusing on its development and that's what they should boast of and not on how much money you can make. If they have that type of guarantee and promise, it's likely that they'll giving false promises and that should be taken into account by potential investors.

Money will follow the project if the development is great but there's no guarantee that even it's successful, they're still prone into some rejections and possible losses at the start.
A good project is definitely the one that would talk about their project and not the ones that would consistently be talking about the profit that their investors would be getting from it, because they already know that showing true investors their plans is what would convince them to invest in the project and not really talking about the profit.

You don’t just be telling investors that they would be making up to 20% and you can’t elaborate on what it is really all about and how that profit would be coming. Such thing wouldn’t make sense to any investors that has been in the business for long and knows the in-and-out of it. So, it’s definitely a red flag for most of the people.
Its always unavoidable for most of the projects to create promises because that is one way to get the attention of investors. But if those projects keep on talking and boasting on the future profits that the projects will make, i guess that will make you alarm. Because most of the successful projects are only silent while hitting their goal or mission, and they are more serious on achieving the positive outcome of the project, and that profits is the last option to be discuss of. And once they end up reaching the expected value or goal and be able to achieve its high return on investment, then these projects are definitely legit and successful, and not bound to create red flag for us.
legendary
Activity: 2086
Merit: 1058
March 01, 2022, 03:05:53 PM
#46
Avoid investing money on projects where their main point and focus is on the profits you will make, they promise fake guarantee also a a safeguard method that will make you very rich..this is a big red flag

If all the team talks about is money that you will earn without any explanation how they will make that happen and also no technical professionals behind it it's a big red flag.
It certainly is.

A project should be focusing on its development and that's what they should boast of and not on how much money you can make. If they have that type of guarantee and promise, it's likely that they'll giving false promises and that should be taken into account by potential investors.

Money will follow the project if the development is great but there's no guarantee that even it's successful, they're still prone into some rejections and possible losses at the start.
A good project is definitely the one that would talk about their project and not the ones that would consistently be talking about the profit that their investors would be getting from it, because they already know that showing true investors their plans is what would convince them to invest in the project and not really talking about the profit.

You don’t just be telling investors that they would be making up to 20% and you can’t elaborate on what it is really all about and how that profit would be coming. Such thing wouldn’t make sense to any investors that has been in the business for long and knows the in-and-out of it. So, it’s definitely a red flag for most of the people.
hero member
Activity: 3052
Merit: 651
March 01, 2022, 01:17:47 PM
#45
It's an old tune and I think it doesn't really work right now.
Scammers have new type of invitations now like "we have the best project" then comparing it to one of the top of their industry. That way it won't be suspected as a scam attempt.
What I find amusing now is for a developer to say you will "enjoy" it rather than make money out of it. The problem with most of their work now is it gets boring at a certain amount of time just holding the coin and waiting for "big moment".
hero member
Activity: 2156
Merit: 531
March 01, 2022, 11:53:23 AM
#44
The big problem with projects that promise profits that's it most of them are but not all, result is end up losing your money. Even not a few people are trapped in the past, you must be always focus on research and don't be easily fooled by 10x profits at the beginning.
member
Activity: 756
Merit: 16
We All Can Make It
March 01, 2022, 11:34:46 AM
#43

If all the team talks about is money that you will earn without any explanation how they will make that happen and also no technical professionals behind it it's a big red flag.
What you just said here should be taught in crypto 101, people need to understand that there are no free money anywhere and that any money they put into Crypto is actually at risk of getting liquidated if they fall a victim of bad projects.

Most project developers are also doing so with profit making at the back of their mind so people should do their due diligence and invest in good projects that have good fundamentals and development team.
hero member
Activity: 1260
Merit: 510
March 01, 2022, 11:03:22 AM
#42
This type of projects brings fast money if you know your ways but not advisable for newbies, some projects only deserve your money for few weeks and take instant profits once you see their volume increasing, it's why I made much money from meme coins this year, I knew they are not good but still invest and took profits asap.

hit and run fitting. I did so, but I was disappointed with Shiba after I went all in, he survived until now, but I don't regret leaving Shiba I have got 50% profit already,  grateful for the favors obtained from MEME coins
this one,
legendary
Activity: 2072
Merit: 1023
DGbet.fun - Crypto Sportsbook
March 01, 2022, 10:45:37 AM
#41
A good project is one that gives a clear project roadmap, focuses on building a product, promoting the product to the community, trying to listen to the community's feedback. And the special thing is that they will never mention the return that investors can get when we invest in them. Because when a product is accepted by consumers, the token value will increase with the quality of that product.
Those projects that have no product, vague idea and always announce to buy their tokens and promise us high profits, I think it's a scam project.
legendary
Activity: 3094
Merit: 1069
DGbet.fun - Crypto Sportsbook
March 01, 2022, 10:29:27 AM
#40
Avoid investing money on projects where their main point and focus is on the profits you will make, they promise fake guarantee also a a safeguard method that will make you very rich..this is a big red flag

If all the team talks about is money that you will earn without any explanation how they will make that happen and also no technical professionals behind it it's a big red flag.

I would like to add high profits. As most of the sto's do provide a fixed percentage of profit but they are generally on the believable side. There are also many dapps pools and farms that provides a fix percentage of reward, most of the time when it's a inflationary coin, the practice yield would be smaller.
Anything above 0.05% a day or 1.5% per month or 45% above could be considered a plain ponzi specially when they have no valid business to prove and all they offer is just a website.
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