Topic: not a rule! but it's about your common sense to avoid scam projects - page 2. (Read 3679 times)
December 03, 2019, 03:49:19 AM
I agree with you 100% never spend more money than you can afford to lose. No one know what will happen with the project that we invest in. If you not have stable economy in real life dont ever play risky just play safe.
December 03, 2019, 03:25:03 AM
Investing what you can afford to lose is not the solution, we all know that scammers are everywhere in crypto space now, if you invest in ten different projects with the amount you can afford to lose and only one or two is successful its still doesn't make sense, its like throwing away money
December 03, 2019, 03:18:55 AM
Great advice and it should be followed by a bunch of investors on this forum. People are just blindly investing into every single project without even looking for some kind of additional information to become more familiar with projects.
December 03, 2019, 03:13:53 AM
Regulasi aren't a golden bullet against scammers. As all those things become more obvious to the general public, scammers evolve to mimic decent projects with almost impeccable efficiency. Still, the most reasonable rule of investment isn't about ICOs or IPOs, it's just about your common sense. I mean no matter what, never spend more money than you can afford to lose.
Simply put it that way but common sense is a natural instinct of a person. Yes indeed it helps, but if a person doesn't have any knowledge or experience in dealing with the so called ICO/IPO or the projects they might invest with, what is the use of that sense anyway? It's always about the basic knowledge mate.
People here often got scammed and loss in trading due to their inability to know what is the reason of their loss. ICO is a tricky investment, if youre not an average trader probably you will only hold this and see it fly. But for experience one they will probably exit once they get their profit.
December 03, 2019, 02:30:56 AM
Regulasi aren't a golden bullet against scammers. As all those things become more obvious to the general public, scammers evolve to mimic decent projects with almost impeccable efficiency. Still, the most reasonable rule of investment isn't about ICOs or IPOs, it's just about your common sense. I mean no matter what, never spend more money than you can afford to lose.
"never invest more than you can afford to lose" is the basic rule on investments for everyone
so, we should know where is the right place to drop our money
and the best way to avoid scam projects is by doing a deep research on all sides from the project especially with their team member
because a project will success or not is depends on their team
December 03, 2019, 01:45:14 AM
Regulasi aren't a golden bullet against scammers. As all those things become more obvious to the general public, scammers evolve to mimic decent projects with almost impeccable efficiency. Still, the most reasonable rule of investment isn't about ICOs or IPOs, it's just about your common sense. I mean no matter what, never spend more money than you can afford to lose.
I agree that regulation will not immediately eliminate the scam project in cryptocurrency but with regulation, people will be more afraid to make a scam project. If regulations exist, every project to be made must meet the regulatory requirements and this will increase investor confidence and also reduce scam projects circulating in the crypto market.
December 02, 2019, 11:29:17 PM
True. Common sense does play a big role. There are people who will see all the signs of what a scam project looks like yet will still fall victim to it by investing there. Common sense will make these people dump this projects before they get scammed
Common sense can be used not only for specific coins it can be used for the whole market as well, since the creation of bitcoin thousands of coins have been created and many coins have disappeared, the first coin created is still the strongest, the one with the highest market capitalization and the one that is the most popular so why people do not use their common sense and stop investing in altcoins and invest in the only coin that they know will be around during the next decades. November 28, 2019, 02:40:14 PM
Regulasi aren't a golden bullet against scammers. As all those things become more obvious to the general public, scammers evolve to mimic decent projects with almost impeccable efficiency. Still, the most reasonable rule of investment isn't about ICOs or IPOs, it's just about your common sense. I mean no matter what, never spend more money than you can afford to lose.
Yes that has always been the number one rule, never to spend on a project an amount that is more than you can afford to lose. There are good projects that are still not successful at the end, that is why you should be careful with how much you're investing so that you don't lose your money in the project you're investing in.But before that, you have to apply some measures to make sure that you're not investing your money in the wrong project.. No matter how much a scam project tries to pretend to be legit, the team will always show that they are fake, they are either going to impersonate people who are big in the industry or create a fake profile. This is one thing I know for sure that will always expose them. I don't think any scammer is ready to show off who they are when it comes to this because they will be traced and caught.
Scammers don't care if you know their identity. They will scam you anyway. The thing with scammers is they are so cheeky and have no dignity or integrity in the least. I think they actually start believing the bs they try to sell to people. I say this because they seem so convincing like they actually believe what they are saying. I am pretty sure they are delusional.
November 28, 2019, 02:12:38 PM
Regulasi aren't a golden bullet against scammers. As all those things become more obvious to the general public, scammers evolve to mimic decent projects with almost impeccable efficiency. Still, the most reasonable rule of investment isn't about ICOs or IPOs, it's just about your common sense. I mean no matter what, never spend more money than you can afford to lose.
This rule is suitable only for experienced investors, not every ordinary person who wants to increase their investments is guided by this rule, do not spend more than you can afford to lose.Why you spend the fund even the little on the project you need to learn whether it will produce profit for you or not.
If you don't find the profit you can invest on it and don't have mindset affordable to loose the amount. We are here to loose the fund if that unfortunately happen we can adjust it.
November 28, 2019, 02:06:20 PM
Aside from common sense, I think that investors should also be updated on the new scammer's scheme as they always have new tricks to catch their victims. Exchanges are the number one target of hackers while crypto investors are the target of scammers that's why we should be very careful about whomever we deal with in crypto space.
November 28, 2019, 02:01:33 PM
Regulasi aren't a golden bullet against scammers. As all those things become more obvious to the general public, scammers evolve to mimic decent projects with almost impeccable efficiency. Still, the most reasonable rule of investment isn't about ICOs or IPOs, it's just about your common sense. I mean no matter what, never spend more money than you can afford to lose.
In the crypto world, we know that there are so many scammers on the internet and it is one of the things that we must avoid,We should be aware and knowledgable in the cryptocurrency to avoid this scam on the internet whatever we do there is always a scammer on the internet.
The money you put in bitcoin or in cryptocurrency is already a big risk and it is not recommended to put all of your money only the money that you can afford to lose because it is a big risk and a lot of scammers or something could easily go wrong because it is the internet and bitcoin is bitcoin. Like for example investing in ICO's we should be aware also being in these forums we are getting a lot of information from a lot of users' experiences so we should like from their mistakes.
November 28, 2019, 01:51:39 PM
Regulasi aren't a golden bullet against scammers. As all those things become more obvious to the general public, scammers evolve to mimic decent projects with almost impeccable efficiency. Still, the most reasonable rule of investment isn't about ICOs or IPOs, it's just about your common sense. I mean no matter what, never spend more money than you can afford to lose.
Yes that has always been the number one rule, never to spend on a project an amount that is more than you can afford to lose. There are good projects that are still not successful at the end, that is why you should be careful with how much you're investing so that you don't lose your money in the project you're investing in.But before that, you have to apply some measures to make sure that you're not investing your money in the wrong project.. No matter how much a scam project tries to pretend to be legit, the team will always show that they are fake, they are either going to impersonate people who are big in the industry or create a fake profile. This is one thing I know for sure that will always expose them. I don't think any scammer is ready to show off who they are when it comes to this because they will be traced and caught.
Scammers don't care if you know their identity. They will scam you anyway. The thing with scammers is they are so cheeky and have no dignity or integrity in the least. I think they actually start believing the bs they try to sell to people. I say this because they seem so convincing like they actually believe what they are saying. I am pretty sure they are delusional.
November 28, 2019, 01:46:48 PM
Regulasi aren't a golden bullet against scammers. As all those things become more obvious to the general public, scammers evolve to mimic decent projects with almost impeccable efficiency. Still, the most reasonable rule of investment isn't about ICOs or IPOs, it's just about your common sense. I mean no matter what, never spend more money than you can afford to lose.
This rule is suitable only for experienced investors, not every ordinary person who wants to increase their investments is guided by this rule, do not spend more than you can afford to lose. November 28, 2019, 11:03:15 AM
Yes you are right about using common sense but their are other factors that makes a project failed which your common sense can't or won't be able to safe you from, like if the project failed to raise fund successfully
November 28, 2019, 10:59:13 AM
Regulasi aren't a golden bullet against scammers. As all those things become more obvious to the general public, scammers evolve to mimic decent projects with almost impeccable efficiency. Still, the most reasonable rule of investment isn't about ICOs or IPOs, it's just about your common sense. I mean no matter what, never spend more money than you can afford to lose.
I agree. No matter how hard you try to avoid scam projects, if you are not using your common sense and sense of logic, you will still find yourself getting involved and manipulated by frauds. Investment is a strategic game and at the same time it requires logical think too so if you are not very good at logic, you might as well start improving it. There are a lot of people who find it hard to avoid scams and there are also people who tries hard to find a mean to escape or evade scams where in fact, the only thing they should work on is their common sense. November 28, 2019, 10:52:31 AM
That's right, never spend more money than you can afford to lose. Think carefully before making such a risky decision or you can make a safe investment.
November 28, 2019, 10:38:38 AM
True. Common sense does play a big role. There are people who will see all the signs of what a scam project looks like yet will still fall victim to it by investing there. Common sense will make these people dump this projects before they get scammed
November 28, 2019, 10:34:05 AM
Regulasi aren't a golden bullet against scammers. As all those things become more obvious to the general public, scammers evolve to mimic decent projects with almost impeccable efficiency. Still, the most reasonable rule of investment isn't about ICOs or IPOs, it's just about your common sense. I mean no matter what, never spend more money than you can afford to lose.
I think scammers will always be there and for us of course that is a very detrimental thing for people who participate in a project. And it's true that don't spend too much of your money on a project without observing the project, you need to observe how the project and the products it brings and how the team is behind it.
November 27, 2019, 11:07:19 PM
Regulasi aren't a golden bullet against scammers. As all those things become more obvious to the general public, scammers evolve to mimic decent projects with almost impeccable efficiency. Still, the most reasonable rule of investment isn't about ICOs or IPOs, it's just about your common sense. I mean no matter what, never spend more money than you can afford to lose.
I agree that the rules cannot stop a scam project from being launched by scammers. because scammers will design and prepare everything to commit fraud against investors who want to invest in cryptocurency. but to know that it is a scam project or not, we study the characteristics of a scam project. so we are not fooled by them scammers.
November 27, 2019, 10:46:59 PM
Regulasi aren't a golden bullet against scammers. As all those things become more obvious to the general public, scammers evolve to mimic decent projects with almost impeccable efficiency. Still, the most reasonable rule of investment isn't about ICOs or IPOs, it's just about your common sense. I mean no matter what, never spend more money than you can afford to lose.
Yes that has always been the number one rule, never to spend on a project an amount that is more than you can afford to lose. There are good projects that are still not successful at the end, that is why you should be careful with how much you're investing so that you don't lose your money in the project you're investing in.But before that, you have to apply some measures to make sure that you're not investing your money in the wrong project.. No matter how much a scam project tries to pretend to be legit, the team will always show that they are fake, they are either going to impersonate people who are big in the industry or create a fake profile. This is one thing I know for sure that will always expose them. I don't think any scammer is ready to show off who they are when it comes to this because they will be traced and caught.
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