Risk of scam ICOs is more during Bull phase - page 3.

ParabellumLite

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Quote from: Nivelir on August 30, 2018, 08:38:06 AM

I do not think that this is so, it seems to me that it is now difficult to collect anything from crypto-currencies, because few projects can really offer something very effective, probably it does not matter when this happens.

No, he was right, as the market went up, so many new investors would join the mayor, they were afraid of the opportunity to miss. However, they are the most delicious prey to be fooled. And a lot of new ICOs came out when Bitcoin hit the $ 20000 mark

mairespleet

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I think main culprit is pathetic greed of many investors on bull phase. We lose out senses to earn quickly and start investing on various ICOs which later turns out to be a scam. So this all is within our mentality

ololajulo

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I have a different opinion on this. Experienced investors wont purchase ICO, they will be thinking of taking profit. Most investment was before the bullish move last year. When ethereum was high this year it only lasted few weeks and I think the ICOs may not take their funds then, believing it might rise higher. Last year had higher hardcaps that are unreasonable high than this year. more measure are taking this year to identify scam ICO and reveal them.

Vengeance007

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scam ico are more risky and it is causes for lose. if you want to save your wallet you should avoid this. we should invest here carefully and increase awareness.

Beffm

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These days no state whether the bull phase or the bear phase is safe. There are so many scam ICOs with various ways to manipulate investors with fake promises. I think we should be careful always

Lisedc

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There are many ways to avoid the ico scams. People should learn them very, specially the new users. Otherwise they will lose huge thing and will be disappointed. This should be published more in many sites.

Catesknee

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SCAM ICO are more risky and we should totally avoid it. it will causes of our loses. we should increase awareness. it will save our wallet.

Zadicar

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Quote from: virendarnagpal on August 27, 2018, 11:38:23 AM

We have seen few scam ICOs. I think during Bull phase when prices are rising every day; people are very much enthusiastic to invest in Alt coins by directly buying from the market and from the ICOs. More and more people then want to buy more and more coins because the price are rising day to day.
So as per my opinion the chances of cheating by scam ICOs are more while there is bull phase and the rising market. So in a greed to become rich overnight, people sometimes buy such coins. Even inexperienced people with greed; enter the market at those times; they become the easy target of such scams.
And during bear phase when the markets are falling; even good ICOs are finding it difficult to attract sufficient investors; so the chances of scam ICOs are low.
But I think we shall always be alert before investing; but more alert during rising market.

Even in a bearish market it doesn't signify that scam icos are low.There still projects who do really still tend to scam investors.They might not able to raise up millions of fundings but accumulating hundreds of thousands would really be already sufficient for them to run.This is the effect of those frauds which in a bear market when a legit project do launch crowdfund then most of the case they will surely fail and I cant really blame investors to lose up confidence on investing due to the past that they had experienced.

fourplealise

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yes you should be careful about you investment. you should justify before invest. scam are more harmful for investment. it will destroy your investment that's why you should aware about scam ico.

Docnaster

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Doesn't really matter, so long as people do their due diligence, the odds of being scammed by an ICO is actually extremely low. I have lost track of the number of times I've investigated a potential ICO investment option, only to be turned-off by something or other. Typically, I find out news later down the line that the ICO was actually a scam.

Luckily I haven't been stung by any of these yet. But for real guys, do your damn research before investing. If everything isn't exactly PERFECT do not invest as you WILL lose your money.

Beity

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ICO scam is a dangerous thing that happens regularly with the users. But all should know how to avoid them by following some easy steps like avoid malware download, avoid easy and unbelievable profit policy offers etc.

CorneliaMarket

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It is a great article about ICOs scams. Yes,regarding the market up and down,the scams are becoming more viral and dangerous. People should know how to avoid the scams.

SnodGrass74

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We have seen few trick ICOs.So according to my assessment, the odds of tricking by trick ICOs are progressive while there is bull stage and the rising business sector.

PurpleTulle

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Quote from: virendarnagpal on August 27, 2018, 11:38:23 AM

We have seen few scam ICOs. I think during Bull phase when prices are rising every day; people are very much enthusiastic to invest in Alt coins by directly buying from the market and from the ICOs. More and more people then want to buy more and more coins because the price are rising day to day.
So as per my opinion the chances of cheating by scam ICOs are more while there is bull phase and the rising market. So in a greed to become rich overnight, people sometimes buy such coins. Even inexperienced people with greed; enter the market at those times; they become the easy target of such scams.
And during bear phase when the markets are falling; even good ICOs are finding it difficult to attract sufficient investors; so the chances of scam ICOs are low.
But I think we shall always be alert before investing; but more alert during rising market.

I agree that the risk of scam during bull phase is high, but some projects choose to put their ICOs on hold during unfavorable market conditions or at least till the market attains some form of stability. I know for example that MF Chain shifted its ICO date due to the current trend of the market, but just because an ICO holds during bear phase doesn't necessarily mean it is legit and the same also goes for ICOs during bull phase.

SnodGrass74

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An underlying coin offering is a raising money technique where new ventures offer their crypto tokens in return for different cryptographic forms of money like Bitcoin and Etereum or fiat cash.

BTCPair1000

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A year ago's stellar execution of crypto tokens is by all accounts the reason which is driving most crypto bulls into new ICO extends in expansive numbers.

SeNeor

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Quote from: virendarnagpal on August 27, 2018, 11:38:23 AM

We have seen few scam ICOs. I think during Bull phase when prices are rising every day; people are very much enthusiastic to invest in Alt coins by directly buying from the market and from the ICOs. More and more people then want to buy more and more coins because the price are rising day to day.
So as per my opinion the chances of cheating by scam ICOs are more while there is bull phase and the rising market. So in a greed to become rich overnight, people sometimes buy such coins. Even inexperienced people with greed; enter the market at those times; they become the easy target of such scams.
And during bear phase when the markets are falling; even good ICOs are finding it difficult to attract sufficient investors; so the chances of scam ICOs are low.
But I think we shall always be alert before investing; but more alert during rising market.

Yes, I also agree with you that the rate of scam is always high during the bull market because everyone wants to make profit by all means but if we are very careful and take our time to do a research before investing in the project, we will not fall victim of scam.

SeNeor

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Quote from: virendarnagpal on August 27, 2018, 11:38:23 AM

We have seen few scam ICOs. I think during Bull phase when prices are rising every day; people are very much enthusiastic to invest in Alt coins by directly buying from the market and from the ICOs. More and more people then want to buy more and more coins because the price are rising day to day.
So as per my opinion the chances of cheating by scam ICOs are more while there is bull phase and the rising market. So in a greed to become rich overnight, people sometimes buy such coins. Even inexperienced people with greed; enter the market at those times; they become the easy target of such scams.
And during bear phase when the markets are falling; even good ICOs are finding it difficult to attract sufficient investors; so the chances of scam ICOs are low.
But I think we shall always be alert before investing; but more alert during rising market.

Yes, I also agree with you that the rate of scam is always high during the bull market because everyone wants to make profit by all means but if we are very careful and take our time to do a research before investing in the project, we will not fall victim of scam.

akihiro101117

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Quote from: virendarnagpal on August 27, 2018, 11:38:23 AM

We have seen few scam ICOs. I think during Bull phase when prices are rising every day; people are very much enthusiastic to invest in Alt coins by directly buying from the market and from the ICOs. More and more people then want to buy more and more coins because the price are rising day to day.
So as per my opinion the chances of cheating by scam ICOs are more while there is bull phase and the rising market. So in a greed to become rich overnight, people sometimes buy such coins. Even inexperienced people with greed; enter the market at those times; they become the easy target of such scams.
And during bear phase when the markets are falling; even good ICOs are finding it difficult to attract sufficient investors; so the chances of scam ICOs are low.
But I think we shall always be alert before investing; but more alert during rising market.

you observations and conclusions are in line but there are also big chances of getting good ICOs during the bull run because it is the time where it is good to promote projects. my advice is do an intricate research on what you are investing.

zeze18

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Quote from: virendarnagpal on August 27, 2018, 11:38:23 AM

We have seen few scam ICOs. I think during Bull phase when prices are rising every day; people are very much enthusiastic to invest in Alt coins by directly buying from the market and from the ICOs. More and more people then want to buy more and more coins because the price are rising day to day.
So as per my opinion the chances of cheating by scam ICOs are more while there is bull phase and the rising market. So in a greed to become rich overnight, people sometimes buy such coins. Even inexperienced people with greed; enter the market at those times; they become the easy target of such scams.
And during bear phase when the markets are falling; even good ICOs are finding it difficult to attract sufficient investors; so the chances of scam ICOs are low.
But I think we shall always be alert before investing; but more alert during rising market.

yeah but lately many ICO postponed their sale due to market low.
So, the developer of the project won't sell their token cheap, it's a marketing strategy

Topic: Risk of scam ICOs is more during Bull phase - page 3. (Read 675 times)