Beginner investors sometimes too rush because they were tempting with profit share from some of investment sites and they should be learn more that there is no too good to be true in the real investment and avoid the investment which offering high of profit share because this is obviously scam
It is true. Ordinary people are always tempted by quick and instant profits if they lose they just blame and say that cryptocurrency is dangerous, even though the fact is not the case. Insufficient knowledge causes this.
Topic: Stay away from Too good to be Real investments (Read 5018 times)
I remembered my co-worker invested in an online "double your money" scheme in one website. I have warned him but he never listened to me and he deposited btc into that website. After two weeks, the site shut down.
See? We have to be careful in every decisions, not because there is a big returns, big profits. The more too good to be true, the more we should think twice.
if any program give us double profits in short time, i am sure this is using ponzi scheme.while there is no more people joined they have no money to pay members profits.and people join lately will suffered loss and money that used to pay member that joined in early. See? We have to be careful in every decisions, not because there is a big returns, big profits. The more too good to be true, the more we should think twice.
I'm here to share cautioning to amateurs on here that are urgent to profit on the web,a large number of you all have no tolerance and at whatever point you see an opportunity alike you choose to take the shot
Well I don't have a clue on the off chance that you've all found out about High Yield Investment Platform,they guide you to store some sum and the platform will twofold your coins for you just in couple of days or week
Accept my recommendation and safe yourself some mistake,its a PYRAMID SCHEME everything they do is taking from one to bolster the other until they've had enough to close down the platform a word is sufficient for the insightful,do not be a greedy fellow.
Well I don't have a clue on the off chance that you've all found out about High Yield Investment Platform,they guide you to store some sum and the platform will twofold your coins for you just in couple of days or week
Accept my recommendation and safe yourself some mistake,its a PYRAMID SCHEME everything they do is taking from one to bolster the other until they've had enough to close down the platform a word is sufficient for the insightful,do not be a greedy fellow.
If you are a newbie coming in the market, then you should check Bitconnectcoin thread it's one of the largest Ponzi schemes in the crypto world,
Ponzi scheme and MLM has invaded Cryptocurrency, and this is something that we should guard ourselves.
Check if there is a product involved, check if they are offering incentives for investing your coin in their plan for a specific period of time, check who are the people running the project and their history.
every coin should have a platform behind it but not an investment plan that will yield you profit for a specific period f time.
I remembered my co-worker invested in an online "double your money" scheme in one website. I have warned him but he never listened to me and he deposited btc into that website. After two weeks, the site shut down.
See? We have to be careful in every decisions, not because there is a big returns, big profits. The more too good to be true, the more we should think twice.
See? We have to be careful in every decisions, not because there is a big returns, big profits. The more too good to be true, the more we should think twice.
I think that investing in projects that offer more than 7%-8% per month is risky. It is not surprising that many fail. Greed encourages them to invest in risky projects. But if you do not take the time to study the project, then the risk of losing your money increases and this is natural.
This is TRUE!
I strongly suggest to follow this advice!
I can recall several highly popular ICO projects who offered high ROIs from their platforms and then shortly after that disappeared or tanked because they where scams.
I strongly suggest to follow this advice!
I can recall several highly popular ICO projects who offered high ROIs from their platforms and then shortly after that disappeared or tanked because they where scams.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
It is good to stay away from not only too good to be good investment but also investments in sectors or industries you don't know because there is higher possibility that you will lose your hard earned money. So it is better to research and have good knowledge of where you are investing in.
But unfortunately, we don't know which project is good or bad, and we could only know in the middle of the running of the project. Many good project has become a scam, and we already know that. We could only prevent to use big money to invest in the project to avoid the scam which could happen in anytime. We don't know what will happen with the project in the future, and if we can control the money we used, we can be safe from the scammers.
It is good to stay away from not only too good to be good investment but also investments in sectors or industries you don't know because there is higher possibility that you will lose your hard earned money. So it is better to research and have good knowledge of where you are investing in.
I've studied that too good to real investments can be ponzi or red flag that's why you don't have to rush into investment in cryptocurrency. You need to take your time so you don't get carried away by the offer they are giving. Let's be careful when investing in cryptocurrency.
Too good to be real investment are [colo r=red]RED FLAG[/color] only for those who thinks deeply,they arent greedy and they understand what been fair means,many newbies coming into this space without learning are those falling victims to 'too good to be real investments'.
To earn profits from Mining you must have spend thousands of dollars on mining rigs not to talk of someone who wants to offer you some unrealistic profits with no actual working product backing it up.
You know that not everyone that is created to reason straight, we have so many people that have very shallow thinking, and they would believe or take anything that is being presented to them, while we have the smart ones that would first take the project and take a look at it deeply to see if whatever is being said makes sense or not. To earn profits from Mining you must have spend thousands of dollars on mining rigs not to talk of someone who wants to offer you some unrealistic profits with no actual working product backing it up.
This is why we have to just be there for our brothers too, like the op shared, we need to keep making them reason well, and also advising them against any project that we fill is not right for them to fall into. I also don’t know how people would think that it will be easy for anyone to get mining of products that easy. Even there is still so much risk if you set up the real one and use heavy money, and not to talk of these cloud mining coins.
Just remember yourself when you started on this market. You were a newbie as well. I made mistakes. Let's help those people by writing some good topics so they can teach from us.
I'm here to share cautioning to amateurs on here that are urgent to profit on the web,a large number of you all have no tolerance and at whatever point you see an opportunity alike you choose to take the shot
Well I don't have a clue on the off chance that you've all found out about High Yield Investment Platform,they guide you to store some sum and the platform will twofold your coins for you just in couple of days or week
Accept my recommendation and safe yourself some mistake,its a PYRAMID SCHEME everything they do is taking from one to bolster the other until they've had enough to close down the platform a word is sufficient for the insightful,do not be a greedy fellow.
Well I don't have a clue on the off chance that you've all found out about High Yield Investment Platform,they guide you to store some sum and the platform will twofold your coins for you just in couple of days or week
Accept my recommendation and safe yourself some mistake,its a PYRAMID SCHEME everything they do is taking from one to bolster the other until they've had enough to close down the platform a word is sufficient for the insightful,do not be a greedy fellow.
So many newbies coming here looking for profit, they all want to make a profit, because they have been educated to think that Cryptocurrency is all about profit when a Bull run comes, never doing planning or learning to find a good project that they will support and use their platform.
good invest! and real cashback in shops!
We started POS and mining only GPU first algo on hybrid ethereum + progpow !!!
hydnora coin!
He we see a classical coin NEVER to invest.We started POS and mining only GPU first algo on hybrid ethereum + progpow !!!
hydnora coin!
Post spam in non related thread.
Says something about getting back money traded in shops :-)
Generally from my experiences, if a crypto project offers unrealistic bounty pool or goals, it is highly likely to be a fake project. So we investors and bounty hunters need to look practical promises offered by bounty projects. So for that we need to research first before going for them. Only then we can save ourselves from fraud.
Yes you are right make sure that you understand the offer. If the offer is too good make a second review if it is feasible or even possible. Remember that every project is also a business they need also an income. And if you will have a very good income how about their company or project. So it may fall in a fraud or scam investment.
It is better to invest in bitcoin than HYIPs there is no legit HYIPs nowadays they are scam.. I agree to OP that stay away with these kind of investments.
Even before, those HYIPS were a total scam. They don't have any intention to help their investors and all they do is attract and have an exit when they've collected huge amount of money.But nowadays, the good news is that many are aware of their scam tactic. And it's very easy to determine if the website that you're interested with is a sort of HYIP or any other scam investment scheme.
Beginner investors sometimes too rush because they were tempting with profit share from some of investment sites and they should be learn more that there is no too good to be true in the real investment and avoid the investment which offering high of profit share because this is obviously scam
It is true. Ordinary people are always tempted by quick and instant profits if they lose they just blame and say that cryptocurrency is dangerous, even though the fact is not the case. Insufficient knowledge causes this. So many too good to be real investments these days and im actually referring it as a platform that aimed to develop the non sense idea that can be called as a too good to be real as an investment.
But it's not always related to the ponzi scheme but some times it refers to the scammy ico too.
This is the difficult part to choose the investment.
Agree, those investments that just take investors money as pay in and becomes payouts to those who joined first.. That's the cycle of like a ponzi scheme investments... If the group doesn't have enough payins there was no payouts then.. As of today, they use bitcoin and crypto trading as a source of payouts but the truth is, it is only their front.. After, collecting people's investment they will already tell a lot of excuses until no payouts for the people.. And at the end, turns scams already.. Pity those people who joined in this like investments... But it's not always related to the ponzi scheme but some times it refers to the scammy ico too.
This is the difficult part to choose the investment.
We see that only good profits now can be made only on Bitcoin. Other coins are waiting for pump, but it is really worth it? Waiting for a pump when Bircoim is pumping everyday?
not only bitcoin, there are still many altcoins that have very good price fluctuations in the bear market, for example ethereum and BNB, both of which cannot be said to fall, they can still be very promising investments.Bitcoin price has risen 200% in the past five months. It's a sign the market is still attractive for investors and there are many buyers. There are many people believe that altcoins will start to rise soon.
New investors are usually tempted by the great benefits offered in new projects, who would have thought it was just a scam project. lack of research and experience are the main factors causing it. If the value is far from the normal limit offered, stay away from the project.
It is true, the large profits offered by investment make the interest of novice investors interested regardless of the quality and target of the project. research needs to be done on the project starting from the type of project and its objectives, TEAM, whitepaper and support or partnet of the project. if not vigilant it will be trapped in fake or SCAM project investments Jump to: