Lets be careful on what we are investing - page 11.

cahbagus555

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Activity: 756

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Quote from: bittick on May 24, 2019, 05:30:30 PM

Quote from: daniel2023 on May 24, 2019, 05:28:28 PM

Fake project is one major prevailing problem facing cryptocurrency world. Currently, many projects are out there to defraud people in different ways. some after ICO the will disappear while some will enter exchange and forget investors there.

I think that is why theres something called IEO where the exchange will requires verification for any of the upcoming project that wants to use their service so that the legitimacy of that project will be known by people, that also what contributes to the popularity of IEO simply because people judge it as more legit than ordinary ICO

IEOs administered by exchangers and this make investor more easier to invest because dont have to make a deep research. All done by exchanger start from developers team, the project progress or building community.

Little_king

copper member

Activity: 224

Merit: 0

Well I will not say why people still fall for fake project and scam cos people join the technology on a daily basis as the bad guys are also developing every new steps to scam people but still those who introduce their friends aslo have a lot of work to do before getting them in but the love for quick profit also makes them loss.

Sithara007

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: @baoli on May 25, 2019, 12:41:30 AM

Of course we can't go into this trading of a thing. Or investing in ICO/IEO without proper assessment. One will always get burnt venturing into things one is not too sure of. Risk analysis is always essential.

Very few of the investors make investment without a proper assessment. But what happens is that due to the lack of strict regulations, some of the ICO promoters never keep their promises and that results in huge losses to those who have made their investment. But the encouraging thing is that nowadays the investors are also striking back, and are actively taking the legal course and prosecuting the scammers.

@baoli

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Activity: 1162

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Base.protocol

Of course we can't go into this trading of a thing. Or investing in ICO/IEO without proper assessment. One will always get burnt venturing into things one is not too sure of. Risk analysis is always essential.

Jpt

jr. member

Activity: 374

Merit: 1

It is essentially important to monitor whether we are being scammed or not. The bad aspect of cryptocurrency is that there are also scammers in the market who are always looking for scamming potential investors. They come under different pretexts so much that they promise everything sometimes beyond reality to lure and attract investors. So it is very much important to stay on alert all the time beforehand. When you are planning to invest in cryptocurrency, you should take this thing into consideration.

sh4dtechnr

copper member

Activity: 434

Merit: 4

I have been in the industry for quite a long time, I follow it almost every day and, I think, I am quite experienced in this subject. Recently, I am not investing in ico at all.
It is better to choose a coin that has its own network, mineable and community driven.
It should be decentralized enough, as transparent and honest with its community as possible, and, of course, highly technological.
TAU (True asset unit) and Veil coins is my choices for 2019.

Pet240

jr. member

Activity: 486

Merit: 3

Those who have refused to learn and are still investing in scam ICO, because they cannot identify them might continue to fall prey. It is not a mus to invest in ICO, you can simply wait for it to be listed on exchange, they dive in to invest if it plunges. Most times, we see some of these coins fall after listing, which is usually a good time to but.

rdewilde

full member

Activity: 925

Merit: 100

Just as we can't buy any goods without checking it out, same should be with the crypto space. We should learn how to study and research projects before investing so as to protect our funds. There are many scam projects now and if one is not duly careful might be a victims. I believe with IEOs coming to play, these scam projects will be reduced to the least minimum.

spydee1522

member

Activity: 378

Merit: 10

On countless number of times will I keep suggesting that no there is no proper way of investing than a just research. Proper research can even land you where you never thought it could and either save you money or prevent you from loss. Sometimes, its not all about the hype, most hyped projects since 2017 are still struggling in the mud and you know what, most investors lost their hard earn monies. Research before investing.

bittick

hero member

Activity: 2296

Merit: 506

Cryptocasino.com

Quote from: daniel2023 on May 24, 2019, 05:28:28 PM

Fake project is one major prevailing problem facing cryptocurrency world. Currently, many projects are out there to defraud people in different ways. some after ICO the will disappear while some will enter exchange and forget investors there.

I think that is why theres something called IEO where the exchange will requires verification for any of the upcoming project that wants to use their service so that the legitimacy of that project will be known by people, that also what contributes to the popularity of IEO simply because people judge it as more legit than ordinary ICO

daniel2023

jr. member

Activity: 616

Merit: 2

Fake project is one major prevailing problem facing cryptocurrency world. Currently, many projects are out there to defraud people in different ways. some after ICO the will disappear while some will enter exchange and forget investors there.

fitty

hero member

Activity: 728

Merit: 501

CryptoTalk.Org - Get Paid for every Post!

Who else doesnt do research before investing on ico,only dumb investors will do that thing and they will rant here how they got scammed rofl.They know scammers are everywhere and yet they still invest all without researching they are throwing moneycdown the drain

Kay94

member

Activity: 364

Merit: 10

Its the truth. Scammers are everywhere now.that is why its important to be careful on what you invest so you don't waste your money.

Xardasim

sr. member

Activity: 1624

Merit: 250

Quote from: leetcoiner on May 23, 2019, 12:06:22 PM

At a minimum, you need to keep track of what you are investing and believe in this coin. And as a maximum, you need to analyze whether this coin is worth trusting your capital.

I agree with you. The most important thing we learned from the bad condition of the market. The possibility of scamming is very high than last years, so we must be careful when investing money.

tunapa

jr. member

Activity: 667

Merit: 1

It’s just about being more careful to avoid investing wrongly ! A lot for projects won’t even achieve just a portion of its white paper or goals.! So for the good ones that we come across , we must be ready to take the risks involved in every investments.

Successmaniac4

member

Activity: 196

Merit: 10

Hmm scammers are everywhere. Imagine some banks and investment companies are fake and run away with people's money after years of investing. The same thing happens in crypto, people design ICO's for their personal gains and lure people into investing. After a while, if they have made the specific amount they want then the run away with the money. Let's be vigilant

Chuky92

copper member

Activity: 966

Merit: 5

That is just the truth, in fact anyone still doing blind investment in any random upcoming projects may end up blaming himself.
As it stands now, it is better to take your time and do a thorough study on any project before investing because there are many scams coming up everyday.

mattadc

member

Activity: 426

Merit: 10

Recently, I have hardly been interested in new projects, but only using trusted projects that I have been using for a long time. It saves me time and money.

Starfranko

jr. member

Activity: 672

Merit: 1

This is the truth abd nothing but the truth. Some icos just jumped into the crypto-currencies space just to make money without any attempt at helping to develop the crypto-currencies environment whole sone are pure scams. They take investors money today by tomorrow they will be no way to find. Such icos should be avoided like a plague

prof7bit

hero member

Activity: 938

Merit: 500

https://youengine.io/

Recently, I believe in those projects that have entered the cryptocurrency market and have already shown themselves. I choose only the most liquid tokens for investment.

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