Depends on the popularity, and fundamentals of it. Look at Luna, it was a very popular project, at its height I think it broke over top 10 right? I am not entirely sure but I remember it being top 10 if I am not wrong or close to it, and look where it is right now, there is no Luna at all.
It means, you could trust into the big ones and it is not unique for them to turn out to be scam, but it is uncommon at least, whereas brand new projects or non-popular projects could turn out to be a scam easier, and that is the risk you are taking with them, it is pretty common for those ones to turn out to be a scam. I personally still go with top 10 just in case.
Topic: Popular projects and none popular projects - page 4. (Read 944 times)
I think always invest in strong and popular projects but in some time non popular projects give a big profit but many projects how not popular just scam with people, scams promise enormous prizes fast money or assured profits If an investment promises a high return with little or no risk it's definitely a scam ponzi schemes exploit new investors money to pay old ones without genuine investment these schemes fail never commit to an investment on the spot or under duress invest carefully who is can tel you who owns a website check if the account details you're directed to transfer match the company's name if an offer to buy seems authentic verify the company's stock listing for its current valuation and recent performance. some buyout offers may be below market value.
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
There is still a chance for a scam because of crypto is full of surprise and many people use crypto world as a place to scam.You can look at Terra and if you look at the past many popular projects that finally no longer exist.
Maybe it would be better to make it a short term if you have profited then out from that project.
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
A popular project is not the same as a quality project, there are many popular projects which are completely useless, just take a look at meme coins, a whole section of the market which has no use case at all and in which the value of each one of those coins depends on their popularity.And what happens to those coins despite their popularity? They dump and eventually disappear, there are only a few exceptions to this rule so far, but make no mistake those exceptions will disappear one day as well.
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
except for bitcoin, the rest of the projects are risky but the risk is more or less depending on each project, capital investment is very risky and cryptocurrencies are considered the riskiest form of investment. nothing is absolutely safe in the market, so you have to be very careful before investing
i will remind you of Luna's recent death, Luna is a potential coin developed in 2018 and will really explode in 2022 and become the top project with a market capitalization of nearly 60 billion, this is a huge number that proves the level of success of the project. but after less than 2 weeks everything has returned to zero showing that risks are always lurking for us in the market. be careful with everything, only invest as much as you can if you can lose
Yes, popular projects can easily turn out as scam or a big failure. You must have already heard of the case of Terra (Luna). If you haven't yet, read about it. Other than that, the altcoin market is full of such stories. If we trace its history back to the times when ICO is very popular, even those projects that managed to sold out their hard caps in a matter of hours or few days end up scams or big failures. That is why at this point, it is only Bitcoin that you can rely on. Or perhaps an altcoin or two.
Big capital NO. Crypto is a very big volatile crater that can erupt anytime. Your funds may be safe from exit scams or rug pulls, but what if there is a bank run for whatever reason, like Luna showed us
Investing in cryptocurrencies is very volatile, so we have to be good at choosing projects that are worthy of us to buy, especially if we are in a bearish market which will certainly test our patience, if we panic and sell at a loss, we will regret it.
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
If you invest in popular projects then surely your project will be risk free.But if you want to work in crypto currency, you must work with risk and you cannot do anything without it.And if you invest, you must accept this risk. As we saw a few days ago a very popular coin turned into a scam.And you all know that coin. That coin is Luna.Luna was once very popular and very high quality but she has turned people into total destruction.So you have to accept that even popular currency will turn into a scam at some point. 
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
Let's define what "popular" is meant for everyone.
Popular by hype?
Popular as it's now established?
Popular just on what you think?
I know that may not be not all hype projects, but mostly, it will be failed then.
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
We may find a certain popular project that is actually a scam. Have you still remembered the Squid Game coin or other hype coins that are very popular? In fact, they are big scams. Read what @harizen stated, and ensure that you are better to invest in projects that you really understand, have analyzed, and established very well, and moreover top coins like Bitcoin, Ethereum, and BNB. But once more, DYOR carefully and wisely before deciding. You take your own risks.
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
Let's define what "popular" is meant for everyone.
Popular by hype?
Popular as it's now established?
Popular just on what you think?
Technically, there's no way we can determine if a certain project will turn into a scam but for an already established project that already reached the status of being a well-known popular, the risks of being scammed won't likely happen.
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
The thing is that most altcoin related projects can turn into a scam pretty fast, sometimes it doesn't even matter how popular the project is because you might not be able to determine if the popularity is organic or genuine, or if it is solely based on hype with zero utility, if you are actually looking out for the safety of your money, then i'd suggest you go for a truly decentralized and long term sustainable project/coin like Bitcoin, and remember that whilst looking for projects to invest in, you should go for projects that have an actual utility, and not just ones that are popular, because popularity can be bought/shilled. 
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
Always consider investing in popular projects. But popular projects don't always turn into scandals.Again some popular projects turned into scams. But you must be careful while investing and you have to invest with risk.But in this crypto currency you always have to work with risk.Without risk you will never get anything easily. Then and whenever you do something you need to use something reliable.
Big capital NO. Crypto is a very big volatile crater that can erupt anytime. Your funds may be safe from exit scams or rug pulls, but what if there is a bank run for whatever reason, like Luna showed us
Yes, likely that you'll have a little chance to invest into a scam project if you're going with the flock. It's because that many have been also setting their standards and want to be safe with their investment so they do where most people go.
But as I have said, there's a little chance because we've seen top ranking projects that went miserably e.g Terra, UST a stable coin, Bitconnect was once at the top before.
It's still requiring each and everyone of us to do our research before we trust any of them. Well, to make it easier why don't just buy bitcoin?
But as I have said, there's a little chance because we've seen top ranking projects that went miserably e.g Terra, UST a stable coin, Bitconnect was once at the top before.
It's still requiring each and everyone of us to do our research before we trust any of them. Well, to make it easier why don't just buy bitcoin?
Popular project can become a scam project as well. This actually depends on the project developers. I think that you must know the reason DYOR is a must. there's no guarantee if investing in the major or legit token will give you guarantee if that will never become a scam project. The fact that these days the big project is also involving the risk by anyone when nivesting their money. Any investment product will always be involving the big risk
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
None can exactly guarantee it. But by investing in popular projects, moreover, the top projects that have been listed on the top exchanges, we have been more careful and tried to decrease the scam probabilities. However, the new project is a very high risk to invest in. Although we have analyzed the project seriously and carefully, the new projects have bigger percentages of scam probabilities. Additionally, even if they are not scammers, new projects also have more challenges to be successful in the market, not failed after listing. That is why new project investment may have higher risk. 
...I can give you an example of a promising project Amulet Protocol.
Amulet Protocol, it is a decentralized risk protection protocol...
Amulet Protocol, it is a decentralized risk protection protocol...
I think it's too early to say that the Amulet Protocol is a popular project, since it is still under development and testing in the test network has recently begun. Accordingly, it will not work to invest in this project, as the OP wishes. But given the fact that Solana Ventures, Animoca Brands, Republic are among the investors, it can be assumed that the team will present a really good project.
What do you mean by popular projects? Do you mean old projects with a good reputation or new projects with the hype?
If you mean an opportunity to fail, each project has a chance to fail. The failure cannot be always determined by new or old, by popular or unpopular. No project that really has a guarantee to survive forever. However, the old project with a good reputation should be the safest place to invest our money because they can prove that they already survive a long time and have no bad issues.
If you mean an opportunity to fail, each project has a chance to fail. The failure cannot be always determined by new or old, by popular or unpopular. No project that really has a guarantee to survive forever. However, the old project with a good reputation should be the safest place to invest our money because they can prove that they already survive a long time and have no bad issues.
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
Well i would say that if you are choosing projects that are already big and established, then i think that your funds are definitely way safer then if you choose a very new project. With big and established i mean projects that are withing the top 100 in terms of market cap. The danger that those projects are pure scams is just very little there in my opinion while a new and upcoming project that was only listed on uniswap or pancakeswap so far always has the threat of a potential rugpull of the team after a few days.
Of course even with big and established projects there always is a very small chance that you will lose your funds. Just take a look at what happened with Luna a few weeks ago and that project was even in the top 10 if i remember correctly. So you will never be 100% safe i assume.
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
There’s a higher chance that your money will be safe from scam since usually a good project can attract more investors and that makes them more popular though there’s a case already before that they are very popular with their ICO and after the period of investing, they just vanish and many loses their money. Investing is very risky, if you are in doubt you can choose to invest with the top coins/tokens which I can say is more safe. Jump to: