Topic: Lets be careful on what we are investing - page 17. (Read 52453 times)
Good research is always needed if we're looking for new coins to invest. I think that good contact between developers and community is a good sign. I'm glad when my voice matters for people who are responsible for final shape of the product. Last time I have such a feeling when FuturoCoin has updated their masternode system, which was asked by its community.
Ofcourse, we need to discover at least basis things about project and I think that good steps will be if we discover team legit, white paper and reputation.
Amid reports of crypto scams and scammers robbing investors and bounty hunters of hundreds of dollars, it is very much essential for all bounty hunters, traders, investors, crypto enthusiasts and authorities, to become careful and do the needful in stemming such bad and illegal trend. Every good thing has also bad side too. Cryptocurrency is good itself, but there are scammers as well. So authorities should bother to weed out scammers.
If you invest your money in a project without research. You may not only suffer loss, but you may be cheated by scammers. The market has more scammers who are placing their traps to rob potential investors. The market is being affected by such scammers. So it is very much crucial to remain on the alert before investing. And crypto knowledge is very much essential for newcomers.
Indeed, the main thing before investing in ICO or other investments certainly must do research or analyze it first. Indeed, that is what must be done, because investment cannot be done carelessly. Because you will lose your money if you invest without knowing more about the project you want to invest.
whatever you do in trade and investment must be in the stage of consideration first, of course you will lose if you do not do planning and technical analysis first. be careful and make purchases with the steps that already exist like analysis, research, and action yes, there are many cases of fraud in ico and there are various ways to fool us when off guard, so we must always be vigilant in everything. investing in cryptoqurency is indeed high risk but we can avoid it by tracing their work maps in detail and of course we have to spend some time before taking part in them.
That's right but not some time instead it should be lots of time, there's so many incidents that this venue of investment really scammed people's money, what we need to do is to make deeper research and study if we still have that interest investing with projects we need to have patience and extra carefulwhile investigating the future benefits of such coin/token, we need to make good assessment in order to have ood edge towards the development and success in the future.
yes, there are many cases of fraud in ico and there are various ways to fool us when off guard, so we must always be vigilant in everything. investing in cryptoqurency is indeed high risk but we can avoid it by tracing their work maps in detail and of course we have to spend some time before taking part in them.
your post was written a year ago, if you analyze what happened during this time in the field of ICO, then we will come to disappointing results ... there were many scam projects and many were left, although many attentive people appeared on the forum who expose scams but ... the trend such that all projects as a whole are trying to cheat, the market is puffed up with an oversupply of coins and it is very difficult to declare yourself now, the competition is great, and projects raise money for ICO and in every possible way delay access to exchanges and the development of projects tend to retard with words that now is not the best time ... it’s a pity for investors who have invested in such long-term projects, it’s a pity and bounty participants don’t usually pay at all, but the time is such that the ICO market needs a tough adjustment until this happens and we will enjoy the scams and projects without further development.
ICO is the riskiest investment in the cryptocurrency world, and you must know this before you invest.
But often novices can't tell what is a scam and what is a good investment.
I think it is necessary for the government to take some control, which will better promote the development of the encryption industry.
Sometimes classifying what is scam and not are hard. Because sometimes when you see a good project suddenly it became scam, and sometimes when you see a bad project and seems scam it will be stable and became a good project after the ICO. Yes it is risky but some precautions are need to done for you to pick a right ICO for you. You can check the legitimacy of it through promotions! If a big influencer is advertising I think that is a legit one because a legit project have a big funds and a great asset. Next, as you said if it is a registered project through the government various sector then it is a legit and a good one project. I have a experience not in ICO but in bitcoin casino, I am playing in one of the website without checking the legitimacy of it or searching the background of the company, It seems fun at first but, when I am going to withdraw my bitcoin in that website it didn't gave my winning or my initial money. That is very sad so I learned my lesson in that experience, After that I always check the legitimacy of a website before playing or investing. after that I see one site that is a good one! and I am always playing there now. So in conclusion check the background of the company first and be very careful on the scam! But often novices can't tell what is a scam and what is a good investment.
I think it is necessary for the government to take some control, which will better promote the development of the encryption industry.
Of course we must double our careful of what we are investing in crypto currency there are some crypto that have not potential to rising their prices in the market because lack of development for their project and there is no investor to invest on that project.
Thats why it is recommended that you have to invest in something you are sure, it is like you are investing some altcoins that are already in exchanges. In this way it reduces the risk and you still earn money rather than investing alts that you already know that you got nothing on it.
Indeed, the main thing before investing in ICO or other investments certainly must do research or analyze it first. Indeed, that is what must be done, because investment cannot be done carelessly. Because you will lose your money if you invest without knowing more about the project you want to invest.
Investing in ICO's are very risky off late. Though the higher the risk the higher the returns but thorough research into any ICO project and the team behind it is key and vital. If you still consider taking such risk, try as much as possible to risk what you can afford to lose. mostly we get scammed by these ICO projects of which some don't even have any product on the market. A vivid research, hard work and careful understanding on any project we come across will definitely prevent us from getting scammed.
people should check if the project they are investing have a legit team, many new project( fraud) are using other people identity just to make their team /project real.. you can have a deep background checking first
Without a detailed check of the project, only fools invest - I always invest only after I have studied all the details of the project, starting with his documents and ending with his team. To do this, you must have great patience and perseverance. If you doubt at least some small trifles, then do not invest.
Scam is everywhere and we cant stop them,they are much hardworking than us so we need to be careful.Not only on the cryptocurrency market has scam but all the markets has scams so always be prepared about this things be wise as always and make a research before making investments.
Anything you have in mind that you can warn the rest of us about. Have you been scammed recently by some nasty ICO or something? What have you heard?
There certain projects that would attract the attention of so many investors, not because they have done a lot of publicity, but because it is so clear that they are legit and that they have good deliverable for their investors and those who might have interest in them in future.
You should not invest in a project you do not have confidence in.
You should not invest in a project you do not have confidence in.
Investing it is not clear what coins can become a very big problem for you.
I personally always take the choice of the right coins very seriously so as not to fall into the fraudsters' trap.
Accuracy is a very important feature of each market participant.
I personally always take the choice of the right coins very seriously so as not to fall into the fraudsters' trap.
Accuracy is a very important feature of each market participant.
It was always really hard to find the right project for investment. There are a lot of scams. That's why we should study every information carefully
right, nowadays fraudsters are very many and smart so we find it difficult to distinguish between good projects or fraud even though we have been careful to choose them.do not be easily influenced by the gifts offered.
It was always really hard to find the right project for investment. There are a lot of scams. That's why we should study every information carefully
Generally all shitscoins have a percentage of scams in it. This is painful for all investors a d I pity their state of mind now. It takes guys to invest in Cryptocurrency and even more guts to invest blindly as you don't know if the project will do well. Ishook as an example. Uptill now, funny updates every time. I wish there could be a regulator to this industry.
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