Many ICO / altcoin scams? - page 10.

wildey

sr. member

Activity: 1148

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Quote from: skarais on October 02, 2019, 03:32:22 AM

Quote from: Lantind on October 02, 2019, 03:21:30 AM

Analyzing all projects, it is a long time ago, especially for investors who often invest their funds in various projects, and I strongly agree that investors must visit trusted project sites before investing in a project, because with the analysis of investors will know information about the project.

Analyzing projects before starting to invest is the best way to prevent traffic jams with projects that don't have potential. Without analysis, investors will be very disadvantaged because the project is not going well.
Getting used to always checking the completeness of the project is a way to prevent investment failure.

honestly, quite a lot of people are lazy to do the analysis, even though that is the most important point in investment. some people think that it's difficult. Well, that is indeed quite difficult, requires deep accuracy, and requires time. but that is the best thing that can be done before investing, rather than being too hasty.

however, we must be aware that anything is possible in the world of cryptocurrency. even people who do an analysis of a project still have risks in the project. What if I don't do the analysis? they should prepare for the worst.

wedosgibas

member

Activity: 535

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here we go

Quote from: leea-1334 on October 02, 2019, 01:10:53 AM

Yes,,, and IEO coins now really need to be sold straightaway it seems. Binance has been now delisting so many coins and 20% of those trading pairs were from their Launchpad program (their version of IEO).

So I tell you now, soon IEOs even will be ignored if things continue at this rate.

Yes, IEO is the latest alternative from ICO, which is a development and still functions same, namely as a fundraiser. Some investor concerns are a bit helpful here, but there are still many projects that carry out IEO on exchange and the team does not provide any development news. In fact, there are still several new projects that hold ICO.

skarais

legendary

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Quote from: Lantind on October 02, 2019, 03:21:30 AM

Analyzing all projects, it is a long time ago, especially for investors who often invest their funds in various projects, and I strongly agree that investors must visit trusted project sites before investing in a project, because with the analysis of investors will know information about the project.

Analyzing projects before starting to invest is the best way to prevent traffic jams with projects that don't have potential. Without analysis, investors will be very disadvantaged because the project is not going well.
Getting used to always checking the completeness of the project is a way to prevent investment failure.

Lantind

sr. member

Activity: 2324

Merit: 263

Quote from: Hamzaal24 on October 02, 2019, 01:24:05 AM

It was a great idea, A decentralized platform open for everyone. But now every second scam project is getting lunch. I believe new investor should visit trusted site, analyze project deeply, check community remarks and project rating before investing their money.

Analyzing all projects, it is a long time ago, especially for investors who often invest their funds in various projects, and I strongly agree that investors must visit trusted project sites before investing in a project, because with the analysis of investors will know information about the project.

asyakashi

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Quote from: herurist on October 01, 2019, 08:56:50 PM

Quote from: asyakashi on October 01, 2019, 08:45:23 PM

in 2017 ICO became very popular because many investors were interested in bitcoin. at that time the price of bitcoin and altcoin increased. The decline in the price of bitcoin causes investors to lose confidence in ICO and ICO scams are growing rapidly. ICO currently competes with IEO.
I think it's very difficult to get new investors.

Investors are now a lot disappointed because of the rampant fraud, IEO also now does not guarantee to be the best sales but in my opinion only developers and team promotions are the best.

I also see that IEO binance only produces low roi. this is a sign that IEO is becoming obsolete.
Investors are no longer interested in IEO, the lottery system might have caused investors to be disappointed with binance.

steveabrahams

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Activity: 1050

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Quote from: ATSgrowth on September 22, 2019, 04:54:08 AM

Hi, many people are still complaining how many ICOs ended up as a scam.
The cryptocurrency idea is to create a free worldwide decentralized ecosystem. Free for all, for honest but also for dishonest people. It is free market and you should protect yourself before losing your money. You don´t like it? Then you do not understand crypto.

To be honest most of people who are complaining are from bounty hunters. They joined a bounty and end up with a scam ICO. Investors will not invest on unknown or random ICO. I agreed with you, investing in crypto is a high risk too, so before you invest, check it first the project, the team and else.

Hamzaal24

newbie

Activity: 42

Merit: 0

It was a great idea, A decentralized platform open for everyone. But now every second scam project is getting lunch. I believe new investor should visit trusted site, analyze project deeply, check community remarks and project rating before investing their money.

cutesgirl

sr. member

Activity: 938

Merit: 251

Not scam maybe have lower price after listing, team ICO re working for building coin price back to normal and higher than ICO price, they need time for building step by step with buy back and open working with other platform to make their coin become popular.

VDraci

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SAPG Pre-Sale Live on Uniswap!

ICO is a good fund raising strategy which would have been the best till this days but bad people with evil intent came into crypto space after ICO gains huge attention, these evil intent people brings disaster on ICO and investors lose trust in the system, these people are still around till today trying so hard to prey on people on the name of fake IEO projects but people are now smarter, they've pit trust in big exchanges instead

J1mb0

hero member

Activity: 983

Merit: 502

It's too easy to create a token, so fraudulent ICOs can appear everywhere. That makes investors' confidence decline and even good ICOs have difficulty raising capital.
Perhaps the only way is that you need to protect yourself before losing money, investing in IEOs of reputable exchanges is also a good way. Be a wise investor

leea-1334

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Temporary forum vacation

Quote from: ?? on ??

IEO seems to be the form of choice for a lot of investors at this time and this is really good for all investors because they do not need to wait too long to sell that coin. I think with what is happening in this market, IEO will be a popular investment form in the next few years so if you can choose good projects then consider investing. Personally, before investing, I always consult with many experts in the field of crypto and always find out information to get an overview of that project.

Yes,,, and IEO coins now really need to be sold straightaway it seems. Binance has been now delisting so many coins and 20% of those trading pairs were from their Launchpad program (their version of IEO).

So I tell you now, soon IEOs even will be ignored if things continue at this rate.

Murat

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Every Coin has two sides, so every initiative belongs to both a positive and negative aspect. This is the nature of the earth. So some scam ICO is not wired, it looks a natural process, not all the people are same, there are some people who want to make money by hook or by crook, those bloody people are the main culprit for this ICO crisis, general people are losing the interest of investing in this platform. In early 2017, ICO got huge popularity around the crypto world but some of these scam projects had brought a curse on this platform. Hopefully, this crisis will not sustain for a long time, but we are also partly responsible because we didn't also proper study and take a random decision regarding this issue. So we have to be more aware and conscious about what we are going to do.

skarais

legendary

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Quote from: wedosgibas on October 02, 2019, 12:17:02 AM

They complain because they are fooled by promise offered. Which person won't complain? Especially for investors, they don't want to donate and leave, they want to invest and make a profit in the future.

The ultimate goal of someone making an investment is to make a profit. All investors in my opinion will think the same. It's natural for investors to complain because they feel they have been cheated by some people at ICO. Because of this, most investors have left the ICO and started with new things that can be profitable. There are only a few opportunities to be able to invest in a good ICO, because many ICOs are now very disappointing.

wedosgibas

member

Activity: 535

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here we go

They complain because they are fooled by promise offered. Which person won't complain? Especially for investors, they don't want to donate and leave, they want to invest and make a profit in the future.

efxtrader

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GoMeat - Digitalizing Meat Stores - ICO

Quote from: ATSgrowth on September 22, 2019, 04:54:08 AM

Hi, many people are still complaining how many ICOs ended up as a scam.
The cryptocurrency idea is to create a free worldwide decentralized ecosystem. Free for all, for honest but also for dishonest people. It is free market and you should protect yourself before losing your money. You don´t like it? Then you do not understand crypto.

The cryptocurrency market is basically like other investment markets, the difference is that not everyone understands cryptocurrency. Maybe this happened because the cryptocurrency market is still relatively new but I am sure, for a long time people will understand to distinguish which projects are scams or projects that are good for the long term

alphaboon

newbie

Activity: 109

Merit: 0

Lots are newbies, where I can't deny that they are being greedy. For ICO if the site looks good and the team looks solid, it can fool not just new comers but also experienced users. One reason why I never tried an ICO. You really can't tell unlike an IPO where there are sufficient due diligence done.

Quote from: ?? on ??

People are dumb always chasing get rich quick schemes, then they blame others for their choice which caused them to lose the money they invested in an ICO.

The only true way to make money with crypto is to be patient, pick a good project and buy a small amount, then accumulate more with the projects progression, don't drop 2 BTC on an ICO with a good "team" and whitepaper as you never know how accurate the information is.

tadpole_bitfrog

member

Activity: 464

Merit: 10

yep, I often hear these complaints often on this forum. Many people want to make a big profit but cannot afford to lose it.
This is hard to understand, maybe they should take the risk or run away from it. If we want to invest safely, join Binance's lending, we will have a profit of 15% a year, higher than banks now. Remember, there is no security or insurance in the crypto market. We only use our brains to analyze and without the help of anyone. Wink

alphaboon

newbie

Activity: 109

Merit: 0

I feel altcoins scams are much worse. They setup very similar sites or names and very very attractive. For eg 10X ripples if you send ripples to them. Or 3X bitcoins if you send bitcoins to them. I nearly fall for that ripple one. Can't even blame me too much. Ripple has been announcing billions of giveaways. But nowadays my rule is never send anything to any giveaway first. They should be the one sending and not us.

herurist

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Quote from: asyakashi on October 01, 2019, 08:45:23 PM

in 2017 ICO became very popular because many investors were interested in bitcoin. at that time the price of bitcoin and altcoin increased. The decline in the price of bitcoin causes investors to lose confidence in ICO and ICO scams are growing rapidly. ICO currently competes with IEO.
I think it's very difficult to get new investors.

Investors are now a lot disappointed because of the rampant fraud, IEO also now does not guarantee to be the best sales but in my opinion only developers and team promotions are the best.

asyakashi

sr. member

Activity: 1918

Merit: 256

Just.bet - Decentralized On-chain Casino

in 2017 ICO became very popular because many investors were interested in bitcoin. at that time the price of bitcoin and altcoin increased. The decline in the price of bitcoin causes investors to lose confidence in ICO and ICO scams are growing rapidly. ICO currently competes with IEO.
I think it's very difficult to get new investors.

Topic: Many ICO / altcoin scams? - page 10. (Read 1935 times)