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Topic: New coin are scam nowadays - page 30. (Read 3924 times)

newbie
Activity: 45
Merit: 0
March 15, 2018, 11:22:53 AM
#32
yes now many coins are scattered then it must be careful to choose ... but not all new coins are scam ... in essence we are more thorough to choose coins ... I think we should do the usual coins we do ... because the result is also It is clear.
full member
Activity: 517
Merit: 100
March 15, 2018, 10:54:19 AM
#31
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...

In coinmarketcap does not verify which coin is good and which coin is not good. But most coins in coinmarketcap have a good track record, so it can be a benchmark for us to invest.
jr. member
Activity: 252
Merit: 1
March 15, 2018, 10:39:00 AM
#30
You need to be able to make your research before you decipher a real project that would succeed.

Most of these new coins are scams and also, majority of  these airdrop coins are scams as well.

For every project/coin you wish to invest in, you need to research on the team and be sure that the team has the experience to make the project a reality and also check their working product as to know if it's solving a real life problem.

You also need to check the social media group of any coin you are investing in  as you would have an insight what the community looks like.
sr. member
Activity: 798
Merit: 258
March 15, 2018, 10:34:12 AM
#29
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...

You maybe right on this one mate, but still there are more coins out there that are showing their legitimacy in this industry. Though, we just need to be careful in choosing investing in the ico project here.
member
Activity: 182
Merit: 14
March 15, 2018, 10:15:41 AM
#28
There are also coins or ICO's that has fake members on their telegrams so that isn't going to be well off. Coinmarketcap is only listing those coins and is just a website to show charts, price and crypto's that are listing so they really don't care if it's a scam or not. They are also advertising scam websites on their banner so even you will warn people here, they will not stop advertising those scams.

It is up to the investors to make their own decisions about the investments. Most of the investors are searching for the easy profit and they actually ain't making the proper analyzations of the specific coins they want to invest in.

Some coins are certain but this kind of coins already have high value and they cannot bring a large amount of the profit to the investors.

That is why the investors are searching other coins which they haven't analyzed enough. When they end up with the loss they are blaming the developers but only one that should be blamed is the investor which didn't think prior the investment.
sr. member
Activity: 2016
Merit: 283
March 15, 2018, 10:15:20 AM
#27
Yeah most of new coin are scam nowadays and they could not fulfill their promises .And also i agree on your statement above that don't trust buying coin through coinmarketcap because we have no idea if it has a good tech and team behind 'cause most emerging project on that site is not reliable and turn to shitcoin after all. That why i preferred also to stay here in forum 'cause we can easily determine those legit and shitcoin through their whitepaper and ANN thread which is a good idea to obtain more information about the project.
member
Activity: 266
Merit: 11
March 15, 2018, 10:13:54 AM
#26
Definitely. With more people engaged in cryptocurrency, some also took the advantage of fooling new comers who ventu in cryptocurrency to earn a profit. Indeed, before youroney, you have to think first and check all the resources that you can. Yes, risk is always there but you have to make sure that you have already minimized that risk.
sr. member
Activity: 392
Merit: 253
Open and Transparent Science Powered By Blockchain
March 15, 2018, 10:10:35 AM
#25
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...
You made some real great choices in terms of investing. You are right. A lot of "bullshit" tokens are pumped to the "moon" nowadays. They don't fall in value immediately in the bear market, but they will fall eventually.
member
Activity: 518
Merit: 11
HODL
March 15, 2018, 10:02:58 AM
#24
I think that they simply do not have confidence yet because there are crypto-currencies at the head like bitcoin and etherium to which there is more than a positive attitude or it's just too lazy to delve into the crypto market to analyze a new coin
There are still so many new altcoin that are formed with very good and practical features in life. What investors need to do is study and analyze the new projects to invest and co-operate long-term with the project that he invested. The market will rebound in April so this is a good time to start buying ICO so that when the market rebounds you can take profit from the ICO bought.
full member
Activity: 346
Merit: 100
BitSong is a dcentralized music streaming platform
March 15, 2018, 09:59:23 AM
#23
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...

It's so sad but you are mostly correct, there are so many coins nowadays that are scam so the problem is that it is so hard to tell which is legit and not. Although not all coins are scam, but the percentage of the scam coins is so high its so frightening for investor just to dive in.
full member
Activity: 378
Merit: 101
March 15, 2018, 09:58:44 AM
#22
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...
This currencies and its technology became more and more phenomenal as the years count by, expect tons of scams, abandoned and failed promises as a lot of people, scammers, developers legit or not are trying join and creat its own ICO projects, depending on what coins your looking on the CMC cause not all coins listed are legit as it shows, don't depend too much on the coinmarketcap even in your suggestion about the telegram, remember scammers improve and make its ways to fool people deploying a responsive and knowledgeable admins on the group. Be vigilant always read the whitepaper and the goals of the products.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
March 15, 2018, 09:54:01 AM
#21
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...
That's true some of the coins are masked in telegram you can easily tell if the dev just want a quick buck if they fail to answer questions about their roadmap, platform and the team composition they should have a good pr team in the telegram group.
newbie
Activity: 126
Merit: 0
March 15, 2018, 09:49:26 AM
#20
I think that they simply do not have confidence yet because there are crypto-currencies at the head like bitcoin and etherium to which there is more than a positive attitude or it's just too lazy to delve into the crypto market to analyze a new coin
full member
Activity: 378
Merit: 103
March 15, 2018, 09:45:15 AM
#19
Very well said. Now a days we need to be smarter and more careful in choosing coins because scammer right now is very smart even coinmarketcap they already entered so the trust of many crypto have decrease. Don’t trust in one source of information, keep on your research which coin is really legit so you will not lose earnings because here in cryptocurrency must have great knowledge so we will never be cheated by the scammer.
newbie
Activity: 168
Merit: 0
March 15, 2018, 09:29:34 AM
#18
A lot of the new airdrops and ICOs are also scam nowadays, so you have to be careful what you invest in.
full member
Activity: 490
Merit: 106
March 15, 2018, 09:19:42 AM
#17
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...
You are right but not the only one because if not all, most of cryptocurrency investors already noticed that there are lots of shitty scam ICOs for a very long time now but I think that there are still some few projects that are worth investing, you just have to be careful and very picky on where to put your money and for those who participates on bounty campaigns too, you shouldn't waste your time promoting shit projects. I've also invested a lot of times on cryptocurrency startup companies before but now I lose my interest because most ICOs are just copying each other and most are scammers. I mean investing on ICOs are surely profitable because you are able to buy their coin/token at cheaper rate but the problem is not all projects have the potential even they are legit company.
newbie
Activity: 6
Merit: 0
March 15, 2018, 08:46:15 AM
#16
Check the whitepaper first!  Huh It's your money if you are going to invest at least pay a little due dilligence. Most of the scam ICOs just talk on 'air' and don't really make an effort on writing a good whitepaper. There are few more points and then you need to look at their combination as well. I'd suggest you to consider these points while making a judgement:

https://airdrops.me/crypto-guide/find-good-icos/
full member
Activity: 322
Merit: 100
🤖UBEX.COM 🤖
March 15, 2018, 08:43:14 AM
#15
not all new coins are scam, there still a lot of real project that distribute their coin project but maybe the chance now 50 50
member
Activity: 658
Merit: 10
Community Builder and Telegram Moderator
March 15, 2018, 08:21:20 AM
#14
with the massive rally in cryto space last year, the shitcoins and scams have also piled up. Increased caution is required now, much more than what was though of earlier.
newbie
Activity: 73
Merit: 0
March 15, 2018, 08:18:13 AM
#13
you are right, there are a lot of coins on the market which is not verified to be in the market cup. It make the situation so bad, there are many people or trader are wondering of it because they do not want to lose their profit they have in. Moreover, there is no one can predict and guess about the market.
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