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Topic: Many ICO / altcoin scams? - page 2. (Read 1935 times)

sr. member
Activity: 952
Merit: 274
October 21, 2019, 01:16:46 AM
According the report in the article https://medium.com/@sherwin.dowlat/ico-quality-development-trading-e4fef28df04f more or less 81% ICO turned out scams. This is data from 2018 year but to be honest trend is predictable.
Higher percentage of ICO scam above 81% ICOs project listed or not on exchange market are scam, some ICO scam without listing with exchange market and woner have run away without give feed back for investor to get profit, almost ICOs project scam by listing with shit exchange and have lower price than ICOs. How long you hold ICOs coins price still down and never touch how price on ICO time.
Low volume altcoins can be considered as scam altcoins. There is no market participants and it is the reason why we should never buy altcoins that you think a scam. The result of our wrong decisions is a loss.
newbie
Activity: 13
Merit: 0
October 21, 2019, 01:01:12 AM
Absolutely, everyone should think of security and safety first when venturing into cryptocurrency. Don't be deceived by many projects that claim to be real or have good team, extensive research must be carried out by anyone who wants to succeed in this space.
sr. member
Activity: 2016
Merit: 456
October 21, 2019, 12:52:44 AM
If you want more profitable investment, don't get into ICOs because they are dead now and the new trend is IEOs which are better than ICOs because they are efficient because they are already listed in an exchange and there is a bigger chance to make a profit in IEOs compare to ICOs because the hype is better as long as you join into big projects and not to those sketchy IEOs.
Majority of crypto enthusiasts know that ICOs are extinct currently, maybe newbies still invest in ICO. Everyone knows that IEOs are more beneficial right now, but this doesn't mean one should invest blindly even in the so called big projects or on big exchanges. Before making any investment, risk management should be considered as well as proper due diligence.
the most striking difference between IEO and ICO is the way it is sold, and also the availability of exchangers. Until now, there have been quite a number of ICOs that have become scams, and this has made investors choose IEO over ICO. However, although many ICOs are scams, not all ICOs have this potential. some ICOs clearly have very good concepts, only the lack of research makes us not see that potential.

caution in investing in the internet is needed now if you are still interested in it. whether it's ICO or IEO, consideration is indeed very necessary to invest now that there are quite a number of risks.
sr. member
Activity: 1246
Merit: 252
October 21, 2019, 12:45:44 AM
2018 recorded high level of scam and unsuccessful projects in crypto and this has been one of the major banes to the smooth progress of most of the original projects on the market now because some investors are now afraid to invest. It is always good to perform research on the project before investing in them.
This year is also a record because there are so many scam projects. not many people are aware of this fact that in 2019 there are also many problems regarding the many scam projects this year and of course this is very detrimental to many people. hopefully this can make us more careful in investing not to be careless
sr. member
Activity: 1428
Merit: 251
October 21, 2019, 12:38:29 AM
If you want more profitable investment, don't get into ICOs because they are dead now and the new trend is IEOs which are better than ICOs because they are efficient because they are already listed in an exchange and there is a bigger chance to make a profit in IEOs compare to ICOs because the hype is better as long as you join into big projects and not to those sketchy IEOs.
Of course, IEOs are trending now and comparing ICO to IEO, it is clear that the structure and mechanism of operation of IEO is far better than ICO because the token sales are hosted on an exchange platform. This grants the coin the opportunity to get listed on that exchange right after the token sales ends. However, this does not mean all IEOs are worth investing in. It is always good to go by the principle of performing ones own personal research on the IEO before investing.

I think not all IEO is better than ICO. In my opinion, everything depends on the project. There are several projects that still choose the ICO path and they succeed in achieving sales targets because investors believe in the team behind the project. IEO might be a good alternative but if we look at the current condition of IEO, many IEO prices fall after the initial listing
member
Activity: 938
Merit: 14
Earn more with Earn Network
October 20, 2019, 10:18:42 PM
If you want more profitable investment, don't get into ICOs because they are dead now and the new trend is IEOs which are better than ICOs because they are efficient because they are already listed in an exchange and there is a bigger chance to make a profit in IEOs compare to ICOs because the hype is better as long as you join into big projects and not to those sketchy IEOs.
Of course, IEOs are trending now and comparing ICO to IEO, it is clear that the structure and mechanism of operation of IEO is far better than ICO because the token sales are hosted on an exchange platform. This grants the coin the opportunity to get listed on that exchange right after the token sales ends. However, this does not mean all IEOs are worth investing in. It is always good to go by the principle of performing ones own personal research on the IEO before investing.
sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
October 20, 2019, 11:34:05 AM
Yes, the end of this end a lot of ICO ended scam. They organize them as mature as other ICOS. Finally, investors are now not interested in ICO.
They choose IEO which is in manage exchanger like binance which is arguably safe risk. It is true that Cryptocurecy creates a decentralized ecosystem but the reply is held by an irresponsible person that would harm.
It's good to prevent from being hit by a scammer.
sr. member
Activity: 1077
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
October 20, 2019, 11:26:18 AM
According the report in the article https://medium.com/@sherwin.dowlat/ico-quality-development-trading-e4fef28df04f more or less 81% ICO turned out scams. This is data from 2018 year but to be honest trend is predictable.
Higher percentage of ICO scam above 81% ICOs project listed or not on exchange market are scam, some ICO scam without listing with exchange market and woner have run away without give feed back for investor to get profit, almost ICOs project scam by listing with shit exchange and have lower price than ICOs. How long you hold ICOs coins price still down and never touch how price on ICO time.
this is so patheic, many ICOs (81%) scam make investor affraid of investing in ICOs anymore
it makes losing ICO fundrasing and make much money left crypto of course
i hope there is a better new fundraising in crypto, maybe such as an IEO

sr. member
Activity: 1344
Merit: 270
October 20, 2019, 06:06:32 AM
According the report in the article https://medium.com/@sherwin.dowlat/ico-quality-development-trading-e4fef28df04f more or less 81% ICO turned out scams. This is data from 2018 year but to be honest trend is predictable.
Higher percentage of ICO scam above 81% ICOs project listed or not on exchange market are scam, some ICO scam without listing with exchange market and woner have run away without give feed back for investor to get profit, almost ICOs project scam by listing with shit exchange and have lower price than ICOs. How long you hold ICOs coins price still down and never touch how price on ICO time.
sr. member
Activity: 700
Merit: 257
October 20, 2019, 04:57:30 AM
If you want more profitable investment, don't get into ICOs because they are dead now and the new trend is IEOs which are better than ICOs because they are efficient because they are already listed in an exchange and there is a bigger chance to make a profit in IEOs compare to ICOs because the hype is better as long as you join into big projects and not to those sketchy IEOs.
Majority of crypto enthusiasts know that ICOs are extinct currently, maybe newbies still invest in ICO. Everyone knows that IEOs are more beneficial right now, but this doesn't mean one should invest blindly even in the so called big projects or on big exchanges. Before making any investment, risk management should be considered as well as proper due diligence.

This is not new to us anymore and I know that we are already aware of it that majority of those who conducted ICO are scam, so be very vigilant if we don't want to be a victim of scam. Better not to invest if in doubt or that you don't have to check whether that project is legit or no, in this industry no one should trust but your instinct and your investigation.
hero member
Activity: 812
Merit: 503
October 20, 2019, 03:22:12 AM
If you want more profitable investment, don't get into ICOs because they are dead now and the new trend is IEOs which are better than ICOs because they are efficient because they are already listed in an exchange and there is a bigger chance to make a profit in IEOs compare to ICOs because the hype is better as long as you join into big projects and not to those sketchy IEOs.
Majority of crypto enthusiasts know that ICOs are extinct currently, maybe newbies still invest in ICO. Everyone knows that IEOs are more beneficial right now, but this doesn't mean one should invest blindly even in the so called big projects or on big exchanges. Before making any investment, risk management should be considered as well as proper due diligence.
sr. member
Activity: 1092
Merit: 255
October 20, 2019, 03:00:22 AM
ICOS nowadays are mostly scams, while there are other legit ones but it's destined to fail because people lost trust on ICOS so no investors would put that much money on it. The projects cannot even raised their softcap there's no way to develop their project.

It is unfortunate because many ICO projects are scams, so the impact on ICO is very good. Nobody else believes ICO is likely that by 2020 ICO will be abandoned by everyone with the presence of a better IEO than ICO
sr. member
Activity: 742
Merit: 329
CryptoTalk.Org - Get Paid for every Post!
October 20, 2019, 02:52:53 AM
If you want more profitable investment, don't get into ICOs because they are dead now and the new trend is IEOs which are better than ICOs because they are efficient because they are already listed in an exchange and there is a bigger chance to make a profit in IEOs compare to ICOs because the hype is better as long as you join into big projects and not to those sketchy IEOs.
member
Activity: 882
Merit: 13
October 20, 2019, 01:51:22 AM
ICOS nowadays are mostly scams, while there are other legit ones but it's destined to fail because people lost trust on ICOS so no investors would put that much money on it. The projects cannot even raised their softcap there's no way to develop their project.
jr. member
Activity: 280
Merit: 5
October 20, 2019, 01:48:43 AM
the cryptocurrency technology recent development was as a result of lack of trust and imbalance from our financial institution. the aim is to create a balance on how money is been owned and control. decentralization at its best. i doubt if the world will ever be decentralized. bitcoin holders are few. many will not be able to own it. the alt coins are to support btc but seems it is not a fair play for all.
sr. member
Activity: 994
Merit: 260
October 20, 2019, 01:10:36 AM
Yes, exactly, many ICOs are fraudulent projects and many altcoins too. Pump and dump, that's what they're made for. Good altcoins, as a rule, immediately begin to tradable on many exchanges, and they are already working several years from the beginning of their launch. Their team is constantly in touch with the community and comprehensively improves its project. Such altcoins are at the top of the CMC rating. Coins at the end of this ranking are likely not to be promising.
member
Activity: 938
Merit: 14
Earn more with Earn Network
October 19, 2019, 10:49:46 PM
2018 recorded high level of scam and unsuccessful projects in crypto and this has been one of the major banes to the smooth progress of most of the original projects on the market now because some investors are now afraid to invest. It is always good to perform research on the project before investing in them.
hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
October 19, 2019, 10:22:23 PM
It's really hard to find a potential, quality ICO project because most of them are scams.  But altcoins from ICOs are really hard to survive in the market now.  BTC accounts for most because it is so large.  Perhaps the altcoin season has ended from here unless there's a new trend coming back.
Find a good coin that listed already in the market and do not look for a new ICO project 90% of them is potential scam project . And the other 10% losing its price after the ICO which is not good indicator if you are looking for profit.
member
Activity: 756
Merit: 12
October 19, 2019, 10:11:08 PM
More than 80% ICO projects turn out to be scams. I am also holding some shitcoins myself, whose fault is this? Mine, totally mine. You have to be precautious in this business, and not depend on others for doing that work for you.

If there were government regulations, I think we would be less likely to keep valuable coins or tokens. I think government regulations can prevent many ICO scams and also provide certainty to investors
member
Activity: 700
Merit: 10
October 19, 2019, 08:31:39 PM
Even though many ICOs are scams, don't give up. Cryptocurrency still has many offers for you to earn money. If you are tired of projects and tokens or new coins that are scams, then switch to investing coins and tokens that exist in the market, choose the most promising, do the best analysis possible. Stop wasting energy on useless new tokens and coins. Now there is IEO, if indeed you are interested in new products then choose a compatible exchange such as Binance, Okex, Kucoin, etc.

Agree, there are many ways to make a profit in the cryptocurrency market. Although ICO is now starting to fade, there is IEO that is replacing and might be an alternative in funding new projects. In addition, we can do daily trading and many people assume that trading is one of the quick ways to double our portfolio
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