Topic: Popular projects and none popular projects (Read 944 times)
Some popular projects fail . Not all failed project is a scam project
In this case i say that anyone who want to invest a project so first they see the project roadmap, there community there social media channel so they easily see the strength of people and they easily know the project exict plan.
Most of people invest a none popular project and the project not achieve there goals and the project dead so people received a huge loss.
I can't say that its can't happen in popular project but its small risky then other.
Most of people invest a none popular project and the project not achieve there goals and the project dead so people received a huge loss.
I can't say that its can't happen in popular project but its small risky then other.
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
Popular project or non popular project both investment is risky. When investing in cryptocurrency, no one can guarantee you that your money will be safe there. Because investing in cryptocurrency is always risky, you must accept it. And even if you invest your money in the most popular Bitcoin, your money will still be at a risk.although bitcoin does not provide security guarantees or guarantee the risks involved, at least investing in bitcoin has a lower risk compared to new coins.
well i know we are in crypto as at the end of the risk that we have to take, but we live always full of risks that must be faced and there is nothing wrong with taking that risk but choosing to take a lower 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?
Popular project or non popular project both investment is risky. When investing in cryptocurrency, no one can guarantee you that your money will be safe there. Because investing in cryptocurrency is always risky, you must accept it. And even if you invest your money in the most popular Bitcoin, your money will still be at a risk.
any crypto can happen. here do not draw a conclusion , but take whatever might happen . I would say no crypto is safe because crypto is very investing but here we come for profit because it must really research the project so as not to lose in the future.
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 it's only driven by hype then there is a high chance for it to become a scam. You should not only base on the projects' popularity when you want to invest on it. You should also check its background like who the developers are or checking its roadmap or utility to see if it has a potential.
Just look at shitcoins now, they were very popular last year even if many of them have no real utilities. Many people bought them because it was hyped on the social media. Now their value is worthless and its developers already abandoned their project.
Investing in a popular project does mean it's not gonna be a scam. Also investing in an unpopular project doesn't mean it will be a scam. I had become a victim of this two scenarios. After then I learnt I should investigate and ask scrutiny questions like
1: Who are the Devs and are they known?
2: What's the project about?
3: How do they intend to succeed?
And many more. With this questions, I found METAISLAND. And since then, I have been with them.
1: Who are the Devs and are they known?
2: What's the project about?
3: How do they intend to succeed?
And many more. With this questions, I found METAISLAND. And since then, I have been with them.
There are metrics and details to check for in order to know is a project will yield returns or if it just another crypto scam. Some of these metrics may include project team, its community’s social media interaction and so on.
For ease, you can use “CheckMyTokenBot”, a telegram bot that is powered by HashEx. This bot will show you details of token supply, team behind the project, access control and most importantly, the possibility of a project being a scam. You can use this tool for free anytime!
For ease, you can use “CheckMyTokenBot”, a telegram bot that is powered by HashEx. This bot will show you details of token supply, team behind the project, access control and most importantly, the possibility of a project being a scam. You can use this tool for free anytime!
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
No guarantee in crypto investment. Although it is a popular project, it is possible to turn into a scam. That's why don't choose a project because of its popularity, but choose the project because of its fundamental factors. If a project has strong fundamentals, the chance for scams will be rather small. Moreover, if they have a trusted team, have good products, have a top company as the partnership, and list their tokens on top exchanges. It means that ETH will not be the highest growing one, sure there will be others, but ETH will grow very strongly and that’s at least guaranteed and known result, instead of risking it with anything else.
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
No guarantee in crypto investment. Although it is a popular project, it is possible to turn into a scam. That's why don't choose a project because of its popularity, but choose the project because of its fundamental factors. If a project has strong fundamentals, the chance for scams will be rather small. Moreover, if they have a trusted team, have good products, have a top company as the partnership, and list their tokens on top exchanges. 
Ah, well, I wouldn't call it a promise. Bitcoin and Ethereum are good long-term investments. They are, in my opinion, the most secure and risk-free cryptocurrency investment available right now. But if you can manage your profits well, which means you know when to purchase and sell, I believe it's excellent to work on any popular projects. It's impossible to predict the ultimate success or failure of any endeavor, no matter how promising it may seem at the outset.
Nothing is risk-free in crypto, but the top coins are obviously having the edge while the rest are only going to show short term profits but no long term gains.A popular project does not necessarily mean a profitable project - an investor's interest in a project should be clear, whether they want to be an influencer on the project and make it popular or be discreet and make money.
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Listen to Luna. So, all we have to do is maintain a state of constant vigilance while traversing the crypto space. Certainly not a stroll in the park.
One of the many examples of scams and ponzis that run in the industry. I am sure more are also running like that and people are investing in them without the mainstream media reporting about it because these scams run via referral-networks. They will get reported when the tables turn. This can be prevented by being logical about returns and by doing your own research on how ponzis work.
Ah, well, I wouldn't call it a promise. Bitcoin and Ethereum are good long-term investments. They are, in my opinion, the most secure and risk-free cryptocurrency investment available right now. But if you can manage your profits well, which means you know when to purchase and sell, I believe it's excellent to work on any popular projects. It's impossible to predict the ultimate success or failure of any endeavor, no matter how promising it may seem at the outset. Listen to Luna. So, all we have to do is maintain a state of constant vigilance while traversing the crypto space. Certainly not a stroll in the park.
I'm not sure and can't guarantee it's a hundred percent safe. Do you remember LUNA a few months ago?. they were even that famous but they became the project that collapsed first. Projects that we know are worth investing in, great potential and have great popularity like LUNA alone don't guarantee it will keep our money safe, always use research and target when you get out of there.
there is reason why it's very recommended that if you invested in something you should always gets updated with the news involving the project you are invested in, it's because case like luna, if you have invested in luna and know that luna is gonna collapse, you could save your investments ahead everyone else, it's same with the other coin, still doesn't change the fact that famous coin with higher market capitalization have lesser chance of collapsing than the other.It doesn't matter whether that was a popular or non popular project. The bullish trend will always be pumping all of coins in the market.
Popular project or non popular project both investment is risky. When investing in cryptocurrency, no one can guarantee you that your money will be safe there. Because investing in cryptocurrency is always risky, you must accept it. And even if you invest your money in the most popular Bitcoin, your money will still be at a risk.
The risk with buying bitcoin at a low price is much lower than buying bitcoin at high price or buying altcoins. Most "projects" are recycled ideas for altcoins and they are based around hype which is going to crash in a few days after launch or never launch at all. These are a type of gambling and are never recommended to a trader who plays it safe. There comes the risk vs reward thing, which is marking such projects with a high risk and high reward label and bitcoin at low price as a low risk low reward label.
One can buy bitcoin at different price levels and sell at a profit to get maximum gains but investing in such altcoins rarely ends up giving profits to its investors rather only to its owners who dump and run away.
If so, then you are verily safe from scam. Although there are also an example of scamming popular top popular altcoins like bitconnect, luna but those are rare incidents in the compromission of total popular altcoins. But popular coins could lost their popularity and turn into shit if they fail to develop themself according to time. So your portfolio balance may decrease even if you choice popular altcoins but at least you are about safe from being scam of your whole money
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
Popular project or non popular project both investment is risky. When investing in cryptocurrency, no one can guarantee you that your money will be safe there. Because investing in cryptocurrency is always risky, you must accept it. And even if you invest your money in the most popular Bitcoin, your money will still be at a risk.It's very difficult to see which projects are real, which ones end up being fraudulent. What you said could indeed be one of the indicators that we should include when we look at and analyze a new project. Usually from several successful projects it can be seen from how big their community is. I agree with you that it does not guarantee that the project is actually real, but at least it can minimize our risk when we will enter a new project.
Many new projects have a large community but it doesn't guarantee that the community is real and not a bot, so we have to analyze many other important indicators to assess new projects because investing in new projects is very risky and not recommended, I think it is very difficult to rate projects other than top coins because of the risk anything has the potential to happen like the Luna Coin case, so investing in top coins is highly recommended to avoid the risk of a scam project. 
I'm not sure and can't guarantee it's a hundred percent safe. Do you remember LUNA a few months ago?. they were even that famous but they became the project that collapsed first. Projects that we know are worth investing in, great potential and have great popularity like LUNA alone don't guarantee it will keep our money safe, always use research and target when you get out of there.
Understanding the project you're investing in and how they operate is higher underated because it seems anything you invest in, in the bull market gives you profit. Many people didn't understand how Luna is been operated. Those that did immediately withdraw their money when the first sign of collapse was noticed by the community and people got alerted. Was was design that fail and it did fail.
UST was the downfall of Luna as in trying to save UST from dieing both coins died. The algorithm of more Luna been printed to stabilize UST was wrong. Always understand what you're investing in so you don't cry at the end of the day.
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
Popular project or non popular project both investment is risky. When investing in cryptocurrency, no one can guarantee you that your money will be safe there. Because investing in cryptocurrency is always risky, you must accept it. And even if you invest your money in the most popular Bitcoin, your money will still be at a risk. I'm not sure and can't guarantee it's a hundred percent safe. Do you remember LUNA a few months ago?. they were even that famous but they became the project that collapsed first. Projects that we know are worth investing in, great potential and have great popularity like LUNA alone don't guarantee it will keep our money safe, always use research and target when you get out of there.
there is reason why it's very recommended that if you invested in something you should always gets updated with the news involving the project you are invested in, it's because case like luna, if you have invested in luna and know that luna is gonna collapse, you could save your investments ahead everyone else, it's same with the other coin, still doesn't change the fact that famous coin with higher market capitalization have lesser chance of collapsing than the other.I'm not sure and can't guarantee it's a hundred percent safe. Do you remember LUNA a few months ago?. they were even that famous but they became the project that collapsed first. Projects that we know are worth investing in, great potential and have great popularity like LUNA alone don't guarantee it will keep our money safe, always use research and target when you get out of there.
there is reason why it's very recommended that if you invested in something you should always gets updated with the news involving the project you are invested in, it's because case like luna, if you have invested in luna and know that luna is gonna collapse, you could save your investments ahead everyone else, it's same with the other coin, still doesn't change the fact that famous coin with higher market capitalization have lesser chance of collapsing than the other. 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 it's only driven by hype then there is a high chance for it to become a scam. You should not only base on the projects' popularity when you want to invest on it. You should also check its background like who the developers are or checking its roadmap or utility to see if it has a potential.
Just look at shitcoins now, they were very popular last year even if many of them have no real utilities. Many people bought them because it was hyped on the social media. Now their value is worthless and its developers already abandoned their 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?
Everyone cannot guarantee this risk, and no one will know that they have plans other than establishing a project, we know crypto must have a strong mentality because risk can happen at any time, to ourselves, if you invest in popular projects at least just take the moment, don't have to wait long, at least you have benefited from your investment, if you have made a profit then leave the project, because popular projects can change from their goals at any time, because we know this is not the right time to invest even though there are many popular projects out there, it doesn't mean we invest in random projects, because we also have to know the project, their purpose in developing the project, if we are not careful, then it will harm you in the future, if you intend to invest, no need to spend too much of your funds to invest, so at least you can expand your funds in all projects that have popularity that you think are good to invest in, it doesn't need to be long, you only invest short term..
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They could turn out to be a scam. I think being popular is not enough to make our assets safe, we better research in depth about which crypto coins are really good for the long term so that our assets are safe. I'm sure no crypto coin is one hundred percent safe, the problem is that hackers are getting more and more powerful nowadays, so be careful about storing any assets.
True. Luna was also a very popular coin among the big investors but it can make all of investors loosing their money in only two days. That proves that how popular the coin will not give any guarantee if that will become a safe asset. Even bitcoin is not a safe coin too. I think that people were not taking this as their main concern and they keep thinking popular token was a safe place to store their money or used it as store of 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?
A project been Popular doesn't mean a project is scam free, scammers can go extra miles just to make their projects look legit. Scam doesn't only mean when a project vanish after raising money through ICO. Some projects develop and launch then forget about the project and it dies down slowly, that too can be called a scam while others their smartcontract get exploited and huge some of money are stolen that destroy the project. When the project developers abandon such project it can also be said to be a scam.
We have had Ponzi scheme scam in the industry that was very popular and many lost money. Most of the popular stalking projects with tokens can also become a scam as scam doesn't have any boundaries. It can be found both in popular project and those yet to be known although majority are in the less popular ones as they can easily scam without getting the media attention.
When the market is bearish then this becomes a big test for projects, many projects are impatient so that they slowly become scams, and this usually happens to large projects that are no longer available in the market, and this is certainly a lesson that we must always monitor assets every day.
Those project have been designed to be scam projects. I thought that if the project has been running by honest developers and im sure that if project will still alive no matter what happened with market. There are so many projects that are continue developing their platforms. Im still watching low cap projects that are still actively developing during the bearish market. I think that your statement was not true. the reason is bad market conditions. which means that the developer does not have enough funds and creativity to keep the project afloat.
this is reminiscent of the popularity of ICO projects, even though market conditions affected sales and project development. but we can see the seriousness of the developer when in a tough market situation.
When the market is bearish then this becomes a big test for projects, many projects are impatient so that they slowly become scams, and this usually happens to large projects that are no longer available in the market, and this is certainly a lesson that we must always monitor assets every day.
Those project have been designed to be scam projects. I thought that if the project has been running by honest developers and im sure that if project will still alive no matter what happened with market. There are so many projects that are continue developing their platforms. Im still watching low cap projects that are still actively developing during the bearish market. I think that your statement was not true. 
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
Not all popular projects can provide a sense of security for placing money in your investment. Terra Luna and other coins were once popular, but ended very tragically.This overview is a small sample for your decision-making, it is worth noting not only the popular level, but the strength of the coin that can withstand any conditions and better take on a role in a project that has slowly increased, but has strong support.
one of the main reasons to invest is to research carefully what projects we are going to invest in, especially when it is bearish, there are many new projects that are being pioneered but if they are not strong they will stop in the middle of the road and end up being a fraudulent project
In cryptcourrencies is difficult to guess, maybe now there are projects that we think are small but after a few years become big, this makes us have to always be realistic that anything can happen, if we focus on profit then choose coins that have great potential to skyrocket.
the thing that matters is the development shown by the project itself I guess since even popular coin could lose their standing if they didn't meet their promise, just like how luna failed in taking care of their ust that make them gets abandoned and with a series of foolish decision in trying making a recover for their platform instead it goes even lower.Definitely not something that has gone down more than 99.99% because that turned millions of dollars into pennies and there is no recovery from that ever again, it requires way too much money to be invested again in order to at least recover others money, and the ones who do end up selling and that requires even more buying, and there is not that level of buying for a project that already failed.
When the market is bearish then this becomes a big test for projects, many projects are impatient so that they slowly become scams, and this usually happens to large projects that are no longer available in the market, and this is certainly a lesson that we must always monitor assets every day.
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
You need to know that investing need to some certain research do that you can be rest assure that what you are investing in can give you some assurance that you investment is safe and can bring something good to the table. Investing also need to aware that anything can happen in the crypto market that can cause a lot some difficulties to investors if the project eventually becomes rug pull. We need to understand that the market is full of scam project and some project that has weak team backing it can end up become a rug pull or a coin that will never go bullish even in a long time. 
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 very little that is safe in this crypto currency. But some cases are safe.As we saw a few days ago Tera Luna was a popular and good quality platform.People believed a lot and got enough popularity.For some reason that project turned into a scandal.So from here we can say that popular projects often turn into scams. It is said that there is very little that is safe in cryptocurrencies.If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
Being popular doesn't mean you are in a safe project. There's no such thing as 100% safe in any project however if the project already established a good community, and foundation, and working for several years already, it unlikely won't turn into a scam.
My advice is, for now, try to stay away from investing in new projects. I'm not saying it's not good to put money on new projects but you are not ready yet to face the risks of doing that. Build experience first and as soon as you can now determine if that new project is good or not, then you can now take yourself to another level of risks and challenges.
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 very little that is safe in this crypto currency. But some cases are safe.As we saw a few days ago Tera Luna was a popular and good quality platform.People believed a lot and got enough popularity.For some reason that project turned into a scandal.So from here we can say that popular projects often turn into scams. It is said that there is very little that is safe in cryptocurrencies. In cryptcourrencies is difficult to guess, maybe now there are projects that we think are small but after a few years become big, this makes us have to always be realistic that anything can happen, if we focus on profit then choose coins that have great potential to skyrocket.
the thing that matters is the development shown by the project itself I guess since even popular coin could lose their standing if they didn't meet their promise, just like how luna failed in taking care of their ust that make them gets abandoned and with a series of foolish decision in trying making a recover for their platform instead it goes even lower.If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
No project is 100% safe from scams and hacks but if VC firms like Pantera Capital and DCG are involved, then the project has been researched thoroughly and should be considered safe. Also, projects that are implementing ISO20022 compatibility like XLM, XRP and ICP should all be safe too because that is the standard for CBDCs and not any company has the ability/approval to transfer those kinds of assets. What popular project are you referring to? Is it a project that has been listed on the stock exchange, or is it still in the development stage. Popular is not a guarantee of scam or trust, but popular brings one step more success than unpopular. For example, Terra is a popular project, but we can see what Terra has been up to so far. That is, popular is not a guarantee of a trust.
That's the difference between popular projects and top projects, even popular projects are not guaranteed to be trusted for the long term, the Luna crash condition is very worrying because people trust investment in popular projects and ignore trust in top coins like ETH and BNB.
What popular project are you referring to? Is it a project that has been listed on the stock exchange, or is it still in the development stage. Popular is not a guarantee of scam or trust, but popular brings one step more success than unpopular. For example, Terra is a popular project, but we can see what Terra has been up to so far. That is, popular is not a guarantee of a trust.
That's the difference between popular projects and top projects, even popular projects are not guaranteed to be trusted for the long term, the Luna crash condition is very worrying because people trust investment in popular projects and ignore trust in top coins like ETH and BNB. If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
What popular project are you referring to? Is it a project that has been listed on the stock exchange, or is it still in the development stage. Popular is not a guarantee of scam or trust, but popular brings one step more success than unpopular. For example, Terra is a popular project, but we can see what Terra has been up to so far. That is, popular is not a guarantee of a trust.
If we go back to the present in both, a lot of incident happened. Even the most popular and reliable projects were abandoned. I think popularity is an important concept, but I think your priority should be other elements of the project. If a project is really consistent, it is already popular or will be. I don't understand why people invest just because a project is popular. Anything can happen in this market at any time, so you have to be careful and distribute everything.
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
What popular project are you referring to? Is it a project that has been listed on the stock exchange, or is it still in the development stage. Popular is not a guarantee of scam or trust, but popular brings one step more success than unpopular. For example, Terra is a popular project, but we can see what Terra has been up to so far. That is, popular is not a guarantee of a trust.
Cryptocurrencies are always dynamic and make us have to always follow developments, many investors do not care about developing by buying and then save on wallet, when there is a case of hack and making users have to send token again and with a time limit then if it's too late it will make us lose assets.
But there is another factor apart from popular projects for security when investing, namely the platform. Because a good platform is a platform that already has permission from the authorities. So this will add security when we make investments. So be careful when you invest in a coin that is on a new platform. Because the risk of loss is something that you will bear alone
Permission from the regulators are not always become the key to make your money safe. Remember that you can't know easily which platforms that have been fully cooperated with regulators. Some of platforms that called by people as trusted platforms have become scam platforms. The main thing is popular has lesser risk compared with the unpopular project. There are so many scam tokens in the market. These tokens were starting from anonymous developers.
It means, there are "some" platforms that you can trust, and won't turn into a scam, I am not saying it won't fail, projects could fail at any moment, but there is a difference between failing and scamming people.
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
Investing in a project is taking risk. No matter how popular or unpopular a project is, there is always a possibility that it can turn a scam. There are known projects in the industry that was very popular but in the end, it turns out to be a scam.
Back when cloud mining is popular, there are projects created that were so popular it generates a huge amounts of investment through selling hashes, at first they were ok but just months after they stop paying their client and sometimes declare bankruptcy and shut down. Some of these cloud mining company scam had been brought to court but some just poof in the thin air because the owner is unknown.
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 are no guarantee about safe investment in cryptocurrency because it’s not a stable market. Popular project, do you means old top ranking projects? Even those aren’t 100% guaranteed investment, you know about luna which is billions dollars project but it was collapsed within a few days it’s unbelievable but luna can be big example. 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 are a lot of examples when popular projects subsequently became bad. You were even given examples of different projects here. Much depends on the team and the usefulness of the provided product of any company. And the point is not that the project initially had the purpose of fraud, but that the product provided did not have further qualitative development. There is no guarantee that your money will be completely safe even if you invest in popular projects. but at least only minimize the risk.
There have been several examples of popular projects coming out to be scams in the past.
Research before investing is something that is worth investing in, not just based on hype.
There have been several examples of popular projects coming out to be scams in the past.
Research before investing is something that is worth investing in, not just based on hype.
Yes, they are just to reduce risk for us, there is no 100% guarantee for us including bitcoin. Cryptocurrencies are the riskiest investment market, so invest as much as you can lose and diversify your investments, don't invest it all in cryptocurrencies. Maybe besides cryptocurrencies, there should be other investments like gold or forex...
This comment is not accurate. Gold and forex are not high volatile asset like cryptocurrency. You will just few profit even if you invest on gold for a long time since the price growth is not that huge since then compared on crypto that can gain 100% or more with just a single day. It's improper to categorized gold and forex as same high risk as crypto without checking first the volatility of this assets.
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.
Most of these people would not take our advice to stay with the top 10 and rather for the least 10 thinking that these are going to go up all of a sudden. If they reveal properly, you will find out that they were suggested to buy them from some pump and dump group, after which the owners dumped.While stocks work differently, crypto has its roots in bitcoin. Buying bitcoin would be the safest thing to do in any bear market. But possibly not the biggest profit margin on the bull market even thought its instantaneous price is pretty big. Altcoins which are shitcoins would never be able to counter the same. Newly launched popular projects are even less likely after the hype starts going down.
if what you mean by popular is having high market capitalization then it's no brainer that investing in these coin will have less risk of making you lose your money, you see the volume is already different and usually what matters most is the liquidity, there is no use of investing if there is no liquidity, therefore liquidity matters and usually coin with higher market capitalization have higher volume meaning higher liquidity.
A large market capitalization is not yet a reason to invest in a coin, besides this, you need to study the project well, how it implements everything that it has planned, is there a working product, where is the price of the coin at the moment, it a strong decline now, or on ATH, etc. As for liquidity, I don’t think that you will drop such large amounts that you won’t have enough current liquidity, but if we are talking about an outright scam, then in this case it’s not even worth considering for investment. 
There is no guarantee that your money will be completely safe even if you invest in popular projects. but at least only minimize the risk.
There have been several examples of popular projects coming out to be scams in the past.
Research before investing is something that is worth investing in, not just based on hype.
There have been several examples of popular projects coming out to be scams in the past.
Research before investing is something that is worth investing in, not just based on hype.
Yes, they are just to reduce risk for us, there is no 100% guarantee for us including bitcoin. Cryptocurrencies are the riskiest investment market, so invest as much as you can lose and diversify your investments, don't invest it all in cryptocurrencies. Maybe besides cryptocurrencies, there should be other investments like gold or forex...
it's important to diversify whether it's an investment or a portfolio and at least it can minimize risk,
the most important thing before making a decision do research and analysis first
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 with popular projects that have been proven that they have been able to survive in the long term such as Eth, Bnb and some other top popular coins then I think it will not be too risky and we don't have to worry if one day they will commit fraud because if they If they do that, they have to deal with the SEC, as currently experienced by DoKwon, where he has become a fugitive because of a fraud case against the Terra platform. legendary
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But there is another factor apart from popular projects for security when investing, namely the platform. Because a good platform is a platform that already has permission from the authorities. So this will add security when we make investments. So be careful when you invest in a coin that is on a new platform. Because the risk of loss is something that you will bear alone
Permission from the regulators are not always become the key to make your money safe. Remember that you can't know easily which platforms that have been fully cooperated with regulators. Some of platforms that called by people as trusted platforms have become scam platforms. The main thing is popular has lesser risk compared with the unpopular project. There are so many scam tokens in the market. These tokens were starting from anonymous developers.
There is no guarantee that your money will be completely safe even if you invest in popular projects. but at least only minimize the risk.
There have been several examples of popular projects coming out to be scams in the past.
Research before investing is something that is worth investing in, not just based on hype.
There have been several examples of popular projects coming out to be scams in the past.
Research before investing is something that is worth investing in, not just based on hype.
Yes, they are just to reduce risk for us, there is no 100% guarantee for us including bitcoin. Cryptocurrencies are the riskiest investment market, so invest as much as you can lose and diversify your investments, don't invest it all in cryptocurrencies. Maybe besides cryptocurrencies, there should be other investments like gold or forex...
Everything in life always has a risk, so don't think too straight in dealing with something. That is in every decision in life we must think
carefully first, so that we are not wrong in making decisions. Likewise when it comes to investing in crypto, there are many things that
we have to consider, otherwise we will do something wrong. As you said investing in crypto has a very high risk, including investing in Bitcoin.
Because if we don't know how to invest in Bitcoin, it's certain that we will experience losses.
That's why I always recommend not rushing into the crypto world. Because if we don't learn how the crypto world works, we will definitely
make the wrong decisions. Because investing in crypto is not as easy as imagined, it's not just buying at a low price and selling it at a high price.
There are many complicated things that we will experience when we enter the crypto world, so learn well about the crypto world, then we will
know how to minimize the risk.
There is no guarantee that your money will be completely safe even if you invest in popular projects. but at least only minimize the risk.
There have been several examples of popular projects coming out to be scams in the past.
Research before investing is something that is worth investing in, not just based on hype.
All assets in the crypto market are risky. and we only try to minimize the risk to gain profit.There have been several examples of popular projects coming out to be scams in the past.
Research before investing is something that is worth investing in, not just based on hype.
investing in popular projects does not cover the risk of market fluctuations. it can make us lose or even make us in a scam project.
what happened to LUNA certainly teaches us an important lesson. how we are not completely risk-free investing with popular projects.
if what you mean by popular is having high market capitalization then it's no brainer that investing in these coin will have less risk of making you lose your money, you see the volume is already different and usually what matters most is the liquidity, there is no use of investing if there is no liquidity, therefore liquidity matters and usually coin with higher market capitalization have higher volume meaning higher liquidity.
Popular and established projects are far less likely to become a scam. There is almost zero chance Bitcoin becomes a scam. With more centralized coins it is a bigger risk. I would stay away from XRP and AVA. I think BNB, Cardano, and Solana have some risk but I don't worry as much about them collapsing and going to zero. Litecoin and Monero I would consider very safe but I also don't think there is as much of an upside to their price.
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.
We have to define the word popular that is commonly used, but believe me that popular is not a guarantee of top projects because new can also be popular due to hype under certain conditions, I am very experienced in reviewing previous popular projects that have turned into scam projects because the team only uses hype to improve project quality but for the purpose of increasing the market price and then they tear it down from selling the token allocation from the team, so stick to top projects or top coins if you are interested in investing. 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?
Everything could happen on this unpredictable and anonymous market.We've seen how those big platforms turns out to be a shit company after they've decided on scamming out their users.Its normal that we could really able to categorized those projects basing up into their utility and main support on the community.This is what makes things even more harder to choose on what
project you would really be investing yet there are projects which do shit looking but actually does have the potential on being supported on near future and since the price is cheap
then you would really be expecting something to be positive and this is why some people do really eventually took risk on investing on it.
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.
It takes time for the luna team to declare that their project was a scam. I think that's because they want to gain the trust of the people first because they can scam more money that way than if they perform the scam too early. The only problem is that the charges or the consequences that they are going to be face is also big.We should not base on the popularity of the project alone but we can also include their age. If the coin has aged a lot like eth and btc, and it is still popular then it's a big sign that they are safe and still profitable. Non popular projects on the other hand can still pump. This is where you can find hidden gems but we must be careful on picking them.
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.
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.
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.
meme coins are mostly very popular, like shib it's very popular yet it's still meme coin at the end of the day, there are many cases where the coin is very famous and ended with rugpulls I think fame alone isn't concrete proof that you aren't gonna get scammed instead I think you should see the underlying project technical and the devs itself, moreover if coin gets listed in platform like binance there's lower chance of having rugpulls in the future.
There's no guarantee that popular projects won't take your money away. Some time ago we were faced with a coin that was popular even had a high rating in the market, but still it brought a very big loss to date, I think I don't need to mention which coin because it happened recently and even they made a new project again which I think will have the same fate as the previous coin.
Do not be lured by its popularity, because it could be a very terrible trap. If not quite sure it is better to put money on the already self-explanatory bitcoin.
Do not be lured by its popularity, because it could be a very terrible trap. If not quite sure it is better to put money on the already self-explanatory bitcoin.
Popularity being used as an indication of where to put your money is reckless. Terra Luna was once popular, and Squid Game Token was also popular. There is no certainty that the term popular could be established to firmly stand whether some projects are safe or not. There is more assuring effort like analysing the token/business model, and the underlying technologies which could be used with more weight compared to popularity.
Popularity only affects within pump and dump scheme, but be in mind a scam scenario like Squid Game exists.
Popularity only affects within pump and dump scheme, but be in mind a scam scenario like Squid Game exists.
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 does not mean a legitimate project. We have so many examples of the same, since my time BitConnect became a massive hit, but then turned ponzi, probably you never heard of it and recently the Terra project.These project may initially look legitimate, but you can never understand when they reveal their true colors and by then it is too late. Properly done research might sometime reveal the red flags, but often the scammers reveal very little info so as to keep investors in the dark while giving out lucrative offers for taking the money.
Since the crypto space is not regulated a large number of scams may be going on right under our noses, but they will be caught in the coming 10years, not now when the hype is at peak.
it could have happened at any time after several high-profile projects collapsed in the last year. because we won't fully understand what the existing famous projects have planned and our job is only to do our own research before putting our money in the project.
and for me it is safer to invest in bitcoin which has been around for a long time and has a good track record for a long time and never disappoints investors in the long term. if you want to read all the bitcoin journeys from the beginning until now, chances are you will prefer to go there
and for me it is safer to invest in bitcoin which has been around for a long time and has a good track record for a long time and never disappoints investors in the long term. if you want to read all the bitcoin journeys from the beginning until now, chances are you will prefer to go there
It's not about whether the crypto project is popular or not, but how you research and understand why you should buy the coin.
There are more significant disadvantages than gains if we are not knowledgeable about the project.
Crypto is a high-risk investment asset, and the victims of scams are newbies who FOMO a crypto asset.
Do not invest in crypto assets without understanding the fundamentals and use case of the coin. DYOR
There are more significant disadvantages than gains if we are not knowledgeable about the project.
Crypto is a high-risk investment asset, and the victims of scams are newbies who FOMO a crypto asset.
Do not invest in crypto assets without understanding the fundamentals and use case of the coin. DYOR
Well, look at terra. But yes, relatively less chance to get berserk.
well this a good of example,
i mean yeah terra have a good community a good backend of investor good at development but still hahahaThen you must learn from what happened with terra luna, bitconnect and some major projects that have been going down due to the serious problem. There's no guarantee if top coins will give you safe place to store your money. Your money will not be safe. If you wanna put your money into the risk and then use it as investment rather than store of value. There's no safe place in the crypto other than owning fiat balance.
Truee haha . NO SYSTEM IS SAFE
Well, look at terra. But yes, relatively less chance to get berserk.
I assume by 'fiat balance' you mean stablecoins, then even UST fell. Imo there is nothing completely safe in the world.
..There's no safe place in the crypto other than owning fiat balance..
I assume by 'fiat balance' you mean stablecoins, then even UST fell. Imo there is nothing completely safe in the world.
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 latter could happen too and its proven in the past. Best example is bitconnect. Also some others well known projects that collapse and got their dirty tactics exiting the market. It doesnt mean that if you invest on a popular one then your safe. What you need to invest in are those big projects with a lot of proven legit and has a major background. Well for that you need to check top projects, some of them arent popular but indeed more trusted than those popular one.
Look at the community in the project, whether it is active, and how the developers work with the community.
I can give you an example of a promising project Amulet Protocol.
Amulet Protocol, it is a decentralized risk protection protocol.
This project at the moment probably has the most active community, and the developers are very open.
So here's an example of one definitely not a scam project. DYOR
I can give you an example of a promising project Amulet Protocol.
Amulet Protocol, it is a decentralized risk protection protocol.
This project at the moment probably has the most active community, and the developers are very open.
So here's an example of one definitely not a scam project. DYOR
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
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