not a rule! but it's about your common sense to avoid scam projects - page 7.

Kezacky

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Quote from: toydoll on September 12, 2019, 03:32:16 AM

Many words have already been said on this subject.There are no rules and patterns at all.It's hard to know scam projects.And the further-the more it begins to seem to me that everything depends on luck.

yes now this is a big challenge for prize hunters and project investors before taking part in the crypto industry. the reality is that projects that have a strong team and even have a good background are also not guaranteed that their projects will succeed, and I agree that it's about project speculation or luck.

toydoll

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Many words have already been said on this subject.There are no rules and patterns at all.It's hard to know scam projects.And the further-the more it begins to seem to me that everything depends on luck.

ichai

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Worlds Simplest Cryptocurrency Wallet

In fact, each of us should fail once, be deceived once in a lifetime. From those failures, you will suffer and that experience will follow you for the rest of your life.
But we also really need the knowledge to invest in ICO projects properly and reasonably, otherwise, we will face fraudulent projects or bad projects.

Ccscopst

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Activity: 40

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agree with you and I also will never spend money on junk projects, the best strategy is when you don't spend your money entirely on ico projects and don't be tempted by big offers, it's just a mere mode! For example, 30% bonus from project investment, 30% x $$$ = at the end of 0. You will lose if you invest in the ico garbage project

Teraboy

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Quote from: Kemangi on September 04, 2019, 11:37:33 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.

That's why with a lot of experience in this case and that means we has been getting self educated from there, so many people are blindly investing without know about the real information or analyzation to the project itself. Crypto placed in the gray line and that means it's really vague to think if the regulation will help us a lot in this case.
I have been seeing a few times the crypto crime report is getting rejected by the local authorities.
To educated our common sense is something that is a must for everyone.

Viscore

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Quote from: GGmith on September 06, 2019, 11:38:01 AM

the most important thing in investing is patience and confidence, always consider the decision you want to make. because the current market situation is very weak, our patience is really being tested, plus many cases of project fraud and anyone must always be careful before investing in a project.

Sometimes when we lose out of patience and invest in projects we have not even researched, the tendency is we have fallen into the scam ones. Majority of the projects today are only scams so we should be more careful and researchful so as not to invest our money on the wrong projects. We can also avoid being scammed if we chose too but it takes more studies and background research on the project for this to be realized.

Meysa_richa

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Activity: 458

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If investors knew that it was a SCAM project, they would not invest in the project let alone spend their money.
But because of the cleverness of a SCAMMERS who succeeded in deceiving them with a project that looks very good so investors do not know about it. Currently there are Hundreds of existing SCAM projects without us knowing it, we should still be careful to invest.

mickey_miner

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Quote from: Kemangi on September 04, 2019, 11:37:33 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.

Good advice, but I think you few will listen) because people are greedy and to earn more money they will get into debt or sell their property

jossiel

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And never invest to a project or anything that you don't even know and understand. The problem starts as it gives domino effect when someone earns from cryptocurrency it will be spread like wildfire to his comrades and relatives.

Wherein they'll just understand that their very own guy invested to 'cryptocurrency projects'. And with an expected return that will have the same outcome as that guy they knew who invested. To save time, they'll just invest and won't conduct researches.

magnum cyber

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Quote from: Coltpython on September 05, 2019, 12:57:57 PM

Quote from: Kemangi on September 04, 2019, 11:37:33 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.

It is just a thing that will always happen. Scammers won't stop trying to fool gullible investors into losing their money on shady investments. The onus is on us to wise up and see through the mist of scam they push to us. As for me, I need to see your project is already working before I put money on it

yes and this is just how we evaluate projects, actually to guess whether it is a scam or not is very difficult? and investors also don't really know that they have put money in a safe place. but it is undeniable that many projects currently look legitimate and ultimately do not, but I personally will always be careful before putting money into any project.

GGmith

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the most important thing in investing is patience and confidence, always consider the decision you want to make. because the current market situation is very weak, our patience is really being tested, plus many cases of project fraud and anyone must always be careful before investing in a project.

Ucy

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I guess you mean "Regulation" and not "Regulasi". I had to Google the word to be sure it's not a coin or something.

Anyway, I agree with you on scammer mimicking decent projects... this's why it is important to thoroughly research any project before investing. I believe there are developers who are credible and know what they are doing. It is difficult to find such developers because you have to go through alot of whitepapers to find something meaningful.

CryptoBry

sr. member

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Regulations and its strict adherence is not and will not be the cure-all of possible scams that can affect the marketplace. Why? It is because scammers are so creative in concocting ways to evade the law and fool as many people around. Now, having said that, I think regulations can be helping a lot in minimizing the scams unlike in an unregulated environment where anyone who has basic knowledge on the blockchain and cryptocurrency can start a project, make a good crowdfunding effort for it and then when the revenues are at hand think of flying into an exotic paradise and hide there.

Ken_terrance

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Quote from: Kemangi on September 04, 2019, 11:37:33 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.

Good advice indeed but its not same for everybody,many investors are fully into IEO investment rather than ICO which no doubt mostly are scam projects,the only risk involve in IEO is investing on projects from new exchanges,many new exchanges lack liquidity and volume but IEO from big exchanges are almost all successful

Plinteng

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https://goldeth.io/

investing in the crypto market is very risky especially for beginners who have no knowledge at all about the market will quickly lose. so as long as you have high determination and are not afraid to fight the risk you will know how to invest properly in the market.

omonuyak

sr. member

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Quote from: Kemangi on September 04, 2019, 11:37:33 PM

I mean no matter what, never spend more money than you can afford to lose.

It is not even a good thing to lose what we have and since we must invest I have decided not to buy coin during Ico because of the past loses I have incurred. If I want to invest into any project I allow the market, that is the forces of demand and supply to determine the price in the exchange and if it is ok I invest and that has helped me for some time now.

Mrcharles

copper member

Activity: 336

Merit: 5

Quote from: Kemangi on September 04, 2019, 11:37:33 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.

Am in full agreement with your opinion, in fact that should be the crux of our investment strategy in the cryptocurrency space. Investment here should be done with maximum care and an indept understanding that even in your diligence, something can still go wrong. The only way out is investing what you can afford to loose.

Findingnemo

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Bitcoin = Financial freedom

Quote from: Kemangi on September 04, 2019, 11:37:33 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.

So you are justifying money to lose on the scam projects when its affordable for you to lose?

Scam projects can be avoided when we know what the project is actually about too but there is no perfect or assured way to tell a project is scammy or legit until it happened.

Vaculin

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Winding down.

Quote from: Mila52 on September 05, 2019, 12:11:35 PM

Today, for community cryptocurrency is one of the way to preserve a assets. Therefore, more and more scammers are trying to earn on this. In order not to lose your investments, conduct a qualitative analysis of the team and the project. And invest as much as you are not afraid to lose.

As the crypto community is already expanding, more scammers too are entering in this market. If we cannot stop them from doing such things so we should learn how to manage our finances not to be invested in a wrong project. We should always make consistent research on the background of the project and the staff behind it because they are the big factors that will determine if a project is legit or not. Our money will always be at risk so we should never waste it putting in a scam project.

Bodarbala

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Quote from: Vaculin on September 05, 2019, 01:08:33 PM

Quote from: Mila52 on September 05, 2019, 12:11:35 PM

Today, for community cryptocurrency is one of the way to preserve a assets. Therefore, more and more scammers are trying to earn on this. In order not to lose your investments, conduct a qualitative analysis of the team and the project. And invest as much as you are not afraid to lose.

As the crypto community is already expanding, more scammers too are entering in this market. If we cannot stop them from doing such things so we should learn how to manage our finances not to be invested in a wrong project. We should always make consistent research on the background of the project and the staff behind it because they are the big factors that will determine if a project is legit or not. Our money will always be at risk so we should never waste it putting in a scam project.

Sure, encryption has become very popular, This is a real reason that more fraudsters are joining the market.
My note is that these crooks really understand our feelings and can control them and deceive us with the simplest tricks to fuck them.

Topic: not a rule! but it's about your common sense to avoid scam projects - page 7. (Read 3679 times)