This is absolutely correct it's hard to distinguish between genuine projects because fake tokens are so rampant. When you can spot a legitimate project, investing in altcoins can be quite beneficial, however these days, the majority of new projects are either scams or fakes. Why take the chance of being conned when bitcoin is completely legitimate? Bitcoin investment is by far the most reliable.
You are right, when we have the choice to invest on a much much safer asset why take the unnecessary risk for some quick returns. 
Topic: misconceptions have always been and will always be - page 2. (Read 206 times)
Greed let people invest in a new project with no unique and real value. People should avoid involving in new projects for some quick double return but where they get scammed instead.
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Be cautious around new projects.
You have said it all and why would anyone even care about a new project that only replicates the previous project concept? Even if the team is a real developer the project will live in the shadow of the previous project that releases the exact concept. An example is ETH its introduced dApp and every project that imitates the concept lives in the shadow of ETH even when ETH was experiencing network congestion.
OP, you are again giving general concepts without going into details. Can you tell us what standards the team should have? Do you really understand the meaning of the expression "routine thinking"? As for a thorough investigation, it's about the same thing again. https://bitcointalksearch.org/topic/m.61634511
I'm actually wondering: do you know that in addition to opening a bunch of unnecessary topics daily, you can also spam other threads if you can't do anything else? So at least you will blend in with the crowd, and sooner or later you will not get the nickname of a spammer.
I'm actually wondering: do you know that in addition to opening a bunch of unnecessary topics daily, you can also spam other threads if you can't do anything else? So at least you will blend in with the crowd, and sooner or later you will not get the nickname of a spammer.
This is absolutely correct it's hard to distinguish between genuine projects because fake tokens are so rampant. When you can spot a legitimate project, investing in altcoins can be quite beneficial, however these days, the majority of new projects are either scams or fakes. Why take the chance of being conned when bitcoin is completely legitimate? Bitcoin investment is by far the most reliable.
The problem with victims of scammers are numerous, but the very most vital one is their quest to earn huge quick returns. In other words, impatience is the problem to many of the victims of scammers. People should learn to rely on trusted and reliable projects, stay focus and imbibe the spirit of perseverance, they will get what they deserve accordingly. Thanks
• Do not rush a thing, careful analysis always opens the eye.
In practical terms, your words are the most accurate but the reality is that it is complicated to follow them in your personal life. In our personal lives, we are a large number of people who can work according to routine life, the reason is that due to various problems in our life, we go out of our dreams or routine and because of not being able to solve the problems, so we cannot follow the routine.
Whenever a new technology comes out there are certain people who find a way to scam people such is the senerio of these developers. But I don’t blame many of them because gullible or rather greedy people pounce on this projects just to make excess profits even if there are many red flags around the project. Investors who are in to make profit think bitcoin is already pass the point where they could make 100% profit in short time span.
Anyway don't invest in a new project at all unless they have a record of data to make some analysis of one year or two.
This also doesn’t guarantee the quality of a coin. Some coins could take close 4 years before they ultimately crash
Anyway don't invest in a new project at all unless they have a record of data to make some analysis of one year or two.
This also doesn’t guarantee the quality of a coin. Some coins could take close 4 years before they ultimately crash
Is it true that people are actually interested in completely new random projects? Once they were in 2017/18 but all those golden days for scammers ended and now they are taking their efforts to next level to scam people.
Anyway don't invest in a new project at all unless they have a record of data to make some analysis of one year or two.
Anyway don't invest in a new project at all unless they have a record of data to make some analysis of one year or two.
If you know how effortless it is to create new tokens this days you will assume very deeply before investing money on new projects, I used to reproach developers, saying they are all identical but what about people that create and run scam projects? Are they deserved to be called developers? I don't think so.
There are few crypto platforms that have accomplished all the essential things about tokens in one niche, all you have to do is click one button and viola, you become the master. How do you feel about this?
Not all developers are real developers, and it's not that easy to become a real developer, fake nobodies only know how to copy codes of another project, change the name and deploy. Before you invest..
• Be cautious around new projects.
• Do diligent research.
• Make sure the teams are up to the standard they are claiming to be.
• Do not rely on the promises of developers.
• Develop your routine of thinking.
• Promised quick return is most likely a scam.
• Do not rush a thing, careful analysis always opens the eye.
There are few crypto platforms that have accomplished all the essential things about tokens in one niche, all you have to do is click one button and viola, you become the master. How do you feel about this?
Not all developers are real developers, and it's not that easy to become a real developer, fake nobodies only know how to copy codes of another project, change the name and deploy. Before you invest..
• Be cautious around new projects.
• Do diligent research.
• Make sure the teams are up to the standard they are claiming to be.
• Do not rely on the promises of developers.
• Develop your routine of thinking.
• Promised quick return is most likely a scam.
• Do not rush a thing, careful analysis always opens the eye.
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