That is right. Of course it is not the task or responsibility of coinmarketcap to see to it that all the cryptocurrencies they list are proven and verified legit. That responsibility falls on the hands of the people who want to buy or invest or trade such coins. Coinmarketcap only provides a list, which is ranked according to the market cap sizes, plus some more additional information of the coins such as the coins 24-hour volumes, current and historical prices, trading sites, etc.
But I guess, to be fair to coinmarketcap, they also have their own screening process. I think they also have several requirements so that a certain coin will be admitted to their very influential list.
Topic: New coin are scam nowadays - page 28. (Read 3906 times)
We need to educate ourselves in able for us to not fall on those scam coins, we need to know what we are doing. Newbies be like, i bought bitcoin or whatever coins at 6k$ and it becomes 8k now ! im a genius 
.. and what often happens is, when the price of the coin that he bought drops to 5900$, he will panic and sell it in a lost. Clearly doesn't have any plan. Education is the key. Not academics, but real life skills like investing and trading or reading charts.
.. and what often happens is, when the price of the coin that he bought drops to 5900$, he will panic and sell it in a lost. Clearly doesn't have any plan. Education is the key. Not academics, but real life skills like investing and trading or reading charts. 
It is funny you say that because if everybody followed the simple instructions in your post then most of the scams wouldn't work. They work because we are lazy, and we are lazy because we want easy money. The people who get scammed pretty much deserve it because most scams are preventable. I myself have gotten scammed several times and each time I have deserved it 
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As of now there are too many new ICO's presented day by day and 60% of them are scam, fake teams, fake developer, tokens and coins that have no value.
Not all of new coins are scam, there are also a good coin and worth to invest in.
For example : Substratum coin, it's not a scam, it even likely will pump and reach its peak in this year. so, i don't think all of coins are scam.
Hello, I am new in this forum but not new in cryptocurrencies, I started trading cryptocurrency in 2016 and my first cryptocurrency I bought that time is vergecurrency and other penny coin. And I returned my money in bundle because they have good tech and very good team..So early this year I noticed that a lot of coin is now scam and failed promises. So please if you want to buy any coin don't go to coinmarketcap only because coinmarketcap can list any coin without verifying it well, just go to their telegram group and ask questions I think this can help you stay away from scam coin...
thanks for the information, it is very helpful and helpful. which I know the new altcoin is not able to compete in the market and does not have a clear vision and mission so many altcoins are scammed. in addition, many successful altcoins. so you have to be careful in choosing altcoin for you to succeed. A lot of the new airdrops and ICOs are also scam nowadays, so you have to be careful what you invest in.
Not all coins are fraudulent may exist because many coins are born to deceive people, so we have to be careful in choosing a coin, because right now looking for a really good coin is very difficult that's why altcoin has a bad reputation and why bitcoin down it because it has bad market value and no one can predict and guess about the market
First, study the project whose coins you want to buy. Only choose a good project, otherwise your coins will cost a penny. There are a lot of projects now that do not have good ideas and a development plan.
Sometimes you can earn not a bad money even on scams projects. It depends on time when you invest
It's very efficient advice of course. Nowadays it's impossible to invest without head on shoulders, if your really want to invest in ICO, don't believe only whitelist, look for more information, it is really important to take profit today.
As a rule, I begin to study altcoin on this forum and then turn to the resources of altcoin. Often, I do not read white paper) And these days in ICO it is better not to participate and wait for listing on the exchange.
It's very efficient advice of course. Nowadays it's impossible to invest without head on shoulders, if your really want to invest in ICO, don't believe only whitelist, look for more information, it is really important to take profit today.
Coinmarketcap has to maintain its business and yes many scam coins are there.You have to extend your search to sort out your selected project keep well defined vision or just scam.you have to raise different question on this plat forum and also on telegram network,in this way you will receive a lot of answers,analyze your answers then you would be able to differentiate between authentic and scam project.Scam projects are for short term not for long term.Solidify your research circles then i am sure that you can stay away from shity scam coins.
Very lucky for me that I have not encountered fraud in coins. But there is always room for fraudsters and their strategies
I haven't encountered any fraudcoins recently. Those coins can get money in their first week and more yet they choose to stop making money and bail.
I humbly agree with all you said.
It changed my perspective about how to know more about one altcoin. Telegram group.
The fastest way for questions to be answered and know more about the team and even their back office.
It wont be enough now if they gain popularity only. Yiu can now disect them like a frog asking questions which should be answered in a true manner.
It is your money, better protect it.
It changed my perspective about how to know more about one altcoin. Telegram group.
The fastest way for questions to be answered and know more about the team and even their back office.
It wont be enough now if they gain popularity only. Yiu can now disect them like a frog asking questions which should be answered in a true manner.
It is your money, better protect it.
Very lucky for me that I have not encountered fraud in coins. But there is always room for fraudsters and their strategies
Most, definitely yes. You need to track whether the coin is linked to real business groups that have experience and teams behind them.
Hello, I am new in this forum but not new in cryptocurrencies, I started trading cryptocurrency in 2016 and my first cryptocurrency I bought that time is vergecurrency and other penny coin. And I returned my money in bundle because they have good tech and very good team..So early this year I noticed that a lot of coin is now scam and failed promises. So please if you want to buy any coin don't go to coinmarketcap only because coinmarketcap can list any coin without verifying it well, just go to their telegram group and ask questions I think this can help you stay away from scam coin...
Crypto has attracted a lot of attention from the ordinary people, after the Bitcoin exchange rates rose by 15x in 2017. Some of the crooks are trying to take advantage of this situation by creating copycat cryptos and con ICOs which doesn't have any merit.
If it's about investing in ICO projects, it's very difficult to choose a good, viable project. If it's bounty campaigns, you have nothing to lose, just time. If you want to invest in an ICO project, I think it is best to analyze the project, the official project website, the team members and even talk to them on the telegram channel. It's not enough to rely on coinmarketcap when choosing a project.
...just go to their telegram group and ask questions I think this can help you stay away from scam coin..
Oh mine! If you think you can figure out a scamming coin from telegram conversation among members, you are wrong. Vionex had thousands of active subscribers on its telegram yet none was able to decode they were on a scam train until vionex exited its scam and wiped off every trace from its website to even thread here on BTT.And I keep using coinmarketcap for coins analysis. Because in coinmarketcap store all track records of each coins from year to year.
I hate to tell you that the CMC isn't a reliable place to gauge your technical analyses. It merely gives an overview of the market cap and trading volume. You should get the Tabtrader. It will aid your analytical experience.So, it's really difficult this day saying which coin will not scam or which will do well in the market no matter how hard one scrutinizes them.
Nice advice. Coinmarketcap does have some scam coins listed. They should do some research before adding coins to their site. Nonetheless, we should do our own research before investing in a coin. Asking in a telegram group is definitely a great idea. We should also read their ANN thread on bitcointalk. And team is also very essential part of an ICO.
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