actually our goal of supporting, investing, and also making a project have a volume in the market is for their project to succeed and we both benefit. unfortunately if they do a scam, all people who support get big losses, from the time to the money we spend to support them. all of this happened because it was indeed difficult to know whether the project would later be scammed or not. we cannot fully blame investors because behind the ongoing project is because of funds. investors dare to put their funds in because they also have high hopes, even though the irresponsible team fled.
there are several ways to reduce this, for example a selection before actually investing. or the investor must be more selective before putting their money in to support a project.
Topic: Stop shielding Scam,fake, or unproductive altcoins project - page 5. (Read 621 times)
Every big scam projects always have an idea to share, always have something good to offer, if they don't do this how will investors fall for them? Scam projects can't be detect if they are well organized until they turned scam
It's their way to attract more investors, they keep on giving them promises and sweet words to make them fall and you can't easily noticed it until you have done your own research. There are a lot of scam project these days that can make you ask yourself if it's legit or not because some of them sounds too good to be true that is why we have to be cautious and attentive particularly on making decision on where we can invest our funds.
Every big scam projects always have an idea to share, always have something good to offer, if they don't do this how will investors fall for them? Scam projects can't be detect if they are well organized until they turned scam
With what I can understand what altcoins are now wasn't what they were before, it was more productive, more realistic and made getting on board cryptocurrency more diverse you don't always have to base on Bitcoin.
But the problem now are different. Everywhere is filled with altcoins the more populated it becomes the More exposed it is to drop in utility.
While all this problems are happening to altcoins we also can part of this issue. Shielding, advocating and support project that are clear to fail for any financial gain or so on.
By standing with those sort of project you can
+Get investors scammed or regret why they invested
+ Lose your credibility as a cryptocurrency enthusiast
+ Make the altcoin sector become a total joke
And many vices.
Let's become more responsible with our action for a good course
But the problem now are different. Everywhere is filled with altcoins the more populated it becomes the More exposed it is to drop in utility.
While all this problems are happening to altcoins we also can part of this issue. Shielding, advocating and support project that are clear to fail for any financial gain or so on.
By standing with those sort of project you can
+Get investors scammed or regret why they invested
+ Lose your credibility as a cryptocurrency enthusiast
+ Make the altcoin sector become a total joke
And many vices.
Let's become more responsible with our action for a good course
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