Topic: Lets be careful on what we are investing - page 20. (Read 52415 times)
I have always said that you need to be very careful with the choice of coins for investment. Because, as technology develops, fraudsters are also becoming stronger.
Many projects are good and noteworthy but ICO is still keeping in mind that money is being invested because many scams are projects even when they are showing a product and the project is good enough to be a scam so it is worth checking for the projects to be involved. Scammers today are dobbled in violent acts because they take advantage of the opportunity because many investors are returning crypto because of the rise of the crypto market. So it's best to be smart again.
You have to do a search on the investment that we will do, as we know that today there are so many people who offer quite a lot of investment but indeed most of the potential for scam is very large so we must be able to do calculations first
Been careful is an important thing to learn in this crypto space, making good and solid research is needed before investing in any project so as not to get scammed with hyped ICO price.
I think almoust everyone is aware now about scammers in Ico industry , I am making a very strict research of any project before joining its bounty programm ,I don't wanna lose my time for promoting scam icos.
This kind of ICO seems to be normal. Since 2018 I think that all ICOs coming in cryptocurrency is not that good. All of these are ending up in scams. Although some does not but mostly of them are. That's why doing researches can solve this kind of problem of us falling into the traps of scammers.
Any investment must be done carefully, especially in any cryptocurrency can occur, up or down is a natural thing, so we must be able to accept what risks are in cryptocurrency, do not be pessimistic if what we get now is not in line with our expectations
Always find ways to have alternative plans, just in case things didn't work out properly, being careful and do your homework researching and studying sometimes not enough to succeed from this venue of investment, there's still chances that we will failed and be victimized by scammers or failed developers.
Any investment must be done carefully, especially in any cryptocurrency can occur, up or down is a natural thing, so we must be able to accept what risks are in cryptocurrency, do not be pessimistic if what we get now is not in line with our expectations
Always find ways to have alternative plans, just in case things didn't work out properly, being careful and do your homework researching and studying sometimes not enough to succeed from this venue of investment, there's still chances that we will failed and be victimized by scammers or failed developers. No matter how careful you might be, always have it it in mind that, there are projects that disguise and look almost exactly like good ones. So it takes extra cars to identify them.
Sometimes, you might not know they are scam, until they are listed on exchange, which is common with so many of them.
you are right, just being careful is not enough, we need research and luck so we can avoid a project scam.Sometimes, you might not know they are scam, until they are listed on exchange, which is common with so many of them.
sometimes i also make mistakes, even though i have been quite careful in choosing projects and many who believe in the project are very good, but in the end the project is one of the other scam projects that looks really good.
I but of due due diligence and research into what project someone wants to invest in might Judy be the difference between someone who gets scammed abd one who is not. One does not stand to loose nothing by knowing deeply what they are getting into. Such knowledge might help avoid some pitfalls that could be encountered along the way
Investing on cryptocurrency is not just like a game, because you are facing the risk, and the risk may take you sometimes to profit or into deficit. In investing you should double check on what you are planning to invest, study the market situation and the coin yu are about to invest with.
mostly in here has an experienced of getting scam didnt you? im also get scam by scammer to do direct trade with unknown person and being scam thousand of dollar. yeah it was a very pain in the butt. Until these day im hope that person will suffer for scamming me. That why we need to educate ourself and be careful when doing a trades or invest to any project out there. Nothing has come to easy to be rich fast and always remember to check the background of the project first before investing. scammer always here in this forum waiting for bait. So always remember money is not something you can find so easy and lose just like that.
Not all coins or project are worth investing in because some of them may not survive the race on the market. There are factors like the expertise level of the team, the product of the project, the demand level of the product on the market, the supportive level of the community of the project etc which determine the success of each project/coin on the market. This is what investors must look for during their research into projects with the view of identifying the right project to invest in.
Any investment must be done carefully, especially in any cryptocurrency can occur, up or down is a natural thing, so we must be able to accept what risks are in cryptocurrency, do not be pessimistic if what we get now is not in line with our expectations
You have to be awake before scam projects. Now the project is very sophisticated scam go fake project team or copy whitepaper. Take a look at the daily project activity that checks
Many people are now fully aware that out of 10 ICO only one will be legitimate and is why so many people are no longer interested in advertising for bounty campaign because many already know what the outcome of the project will be.
all encryption is at risk, including bitcoin. If u are magnifying the time for a hundred years. BTC can also be a scam. But we only invest for a period of time, such as three or two years. I believe mainstream coins are safe.
what risks to encryption is there? quantum computers?
We just need to be more precise and accurate with what we pay attention to. As from my point of view, the things that matterare team, MVP and real work. And I always look at all this before investing. I believe that this is the most important things in general. And for you to understand better what I mean - check projects with good ratings on leading tracking platforms - from mindsync to many others (from my point of view)
Majority of the people in the crypto ecosystem see cryptocurrency investment as a mining field where you can easily dig out gold and have fortunes out of it. Due to this mentality, about 50% of these people just invest in any crypto coin they see without researching about it to know the type of crypto coin it is. Its high time we advice ourselves on what crypto coin to invest in and stop listening to speculations made by people and also spend time doing our own researches on cryptocurrencies before investing in them.
I've been in a trap, only interested in low prices, large discounts and appointment listings on large exchangers, without finding out who are the people behind the ICO project, and whether the ICO was recommended by a trusted ICO rating site. and finally, I was cheated and lost some ETH because the project turned out to be fake, bad luck for me pfftt. My past mistakes will always be remembered and become a valuable lesson for me. So, we must be careful when choosing an ICO project.
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