The way things are going with new crypto is worrisome - page 2.

daxetoken

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Quote from: cryptoserega on April 22, 2022, 03:45:18 PM

Quote from: Garsipop on April 13, 2022, 02:03:16 PM

The most important is to check how usefull is a poject and what tools it offer.
Now appear a lot of projects that offer useful tools to increase the profit like that https://twitter.com/UPGRADE_Tools/status/1508862493963259915

A lot of new cryptocurrency projects appear but among them there are a lot of scams.
Very often people invest money in scams and lose their assets.
So it is necessary to be very carefully and check everything not to lose money on investments.

Because there are a lot of scams in cryptocurrency investment on them are very risky.
Many people without experience came to the industry and lose money.

cryptoserega

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Quote from: Bertyda on April 21, 2022, 04:07:34 PM

Quote from: Garsipop on April 13, 2022, 02:03:16 PM

The most important is to check how usefull is a poject and what tools it offer.
Now appear a lot of projects that offer useful tools to increase the profit like that https://twitter.com/UPGRADE_Tools/status/1508862493963259915

Adoption of cryptocurrency growth and a lot of new projects appear because there is a big dimand in digital assets.
But among new projects there are scams. It is ncessary to be carefull and check everything not to invest money in scams.

A lot of new cryptocurrency projects appear but among them there are a lot of scams.
Very often people invest money in scams and lose their assets.
So it is necessary to be very carefully and check everything not to lose money on investments.

Bertyda

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Quote from: altixz on April 20, 2022, 04:30:19 PM

Quote from: Garsipop on April 13, 2022, 02:03:16 PM

The most important is to check how usefull is a poject and what tools it offer.
Now appear a lot of projects that offer useful tools to increase the profit like that https://twitter.com/UPGRADE_Tools/status/1508862493963259915

There are a lot of new projects that appear on the market. But not all the projects will be successful and will be able to bring profit for their users, that is why befor investing it is necessary to check everything not to lose money.

Adoption of cryptocurrency growth and a lot of new projects appear because there is a big dimand in digital assets.
But among new projects there are scams. It is ncessary to be carefull and check everything not to invest money in scams.

altixz

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Quote from: TmHsHel on April 19, 2022, 07:37:01 PM

Quote from: Garsipop on April 13, 2022, 02:03:16 PM

The most important is to check how usefull is a poject and what tools it offer.
Now appear a lot of projects that offer useful tools to increase the profit like that https://twitter.com/UPGRADE_Tools/status/1508862493963259915

Many people carefully monitor the market searching for a new and prospective for investment projects to earn money on investments.

There are a lot of new projects that appear on the market. But not all the projects will be successful and will be able to bring profit for their users, that is why befor investing it is necessary to check everything not to lose money.

TmHsHel

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Quote from: purka5 on April 17, 2022, 02:22:40 PM

Quote from: Garsipop on April 13, 2022, 02:03:16 PM

The most important is to check how usefull is a poject and what tools it offer.
Now appear a lot of projects that offer useful tools to increase the profit like that https://twitter.com/UPGRADE_Tools/status/1508862493963259915

A lot of new projects appear every day but not projects are prospective and are able to bring profit.
It is necessary to have experience and knowledge to invest in right projects and earn money on them.

Many people carefully monitor the market searching for a new and prospective for investment projects to earn money on investments.

purka5

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Quote from: METASENS on April 16, 2022, 07:16:30 PM

Quote from: Garsipop on April 13, 2022, 02:03:16 PM

The most important is to check how usefull is a poject and what tools it offer.
Now appear a lot of projects that offer useful tools to increase the profit like that https://twitter.com/UPGRADE_Tools/status/1508862493963259915

Many people thing that soon cryptocurrency market will grow. Adoption of digital assets increase and more and more people use cryptocurrency.

A lot of new projects appear every day but not projects are prospective and are able to bring profit.
It is necessary to have experience and knowledge to invest in right projects and earn money on them.

monineklutak

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Quote from: Daodex on February 25, 2022, 01:30:07 AM

Almost everyone I knew now creates their own tokens Grin

these guys aren't even crypto developers to begin with, they have no coding experience or knowledge now this makes me worry, imagine how many crypto tokens that are created by inexperienced personal, I think we need to buckle up for there will be huge rain of scam tokens upon us than what we've seen before...... Sigh! I wish that only few qualified people knew how to build blockchain projects.

there have been many crypto tokens that ended in scams, it has been around since cryptocurrencies first experienced the Hype,
there was one big coin that was Scam in 2017, I forgot the name, this has been the start of a fake project or a fake CEO started a crypto project,
moreover in 2021 many meme projects are coming, of course this is one of the years where token scammers are favored by investors, very sad

gabbie2010

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Quote from: doctor877 on April 13, 2022, 01:52:03 PM

The issue is not the creation, the problem is that they just raise funds list on dexes and abandon the projects despite giving many promises in Whitepaper. That's why before you invest you should do proper research and more important you shouldn't invest more than you can afford to lose.

Unfortunately some of these scam tokens creators package it with a well define roadmap and whitepaper at the same time paid some influencers to help them advertise and market their tokens in such a way that it will look real in a bid to deceiving newbie investors whereas it's fake, even with proper research some investors can fall for this type of trick, it's take proper diligence and scrutiny before any investor would ignore such type of project, cryptos are not regulated that is why every Tom, Dick and Harry just wake up and start creating tokens just to make money fraudulently.

Outhue

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Qualified blockchain experts turned to experts after a few trials too so there is nothing wrong if a new dev plans to build his own crypto project but the problem is how determined they are, will they be able to stand on their feet if mistakes happens? So projects got hacked in the past and it doesn't stopped these projects from existing and growing whereas some stopped working after getting hacked.

bussybuddy

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Quote from: Daodex on February 25, 2022, 01:30:07 AM

Almost everyone I knew now creates their own tokens Grin

these guys aren't even crypto developers to begin with, they have no coding experience or knowledge now this makes me worry, imagine how many crypto tokens that are created by inexperienced personal, I think we need to buckle up for there will be huge rain of scam tokens upon us than what we've seen before...... Sigh! I wish that only few qualified people knew how to build blockchain projects.

Perhaps we live in this era where some of the issues surrounding the promotion of the development of an entire industry or field will also go through stages such as awareness, understanding, application, creativity, etc., so I always keep a more positive view of myself. It may be harsh, but such a purification will bring more progress to life and those who cannot adapt will be left behind.

METASENS

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Quote from: LaCucina on April 15, 2022, 04:29:26 PM

Quote from: Garsipop on April 13, 2022, 02:03:16 PM

The most important is to check how usefull is a poject and what tools it offer.
Now appear a lot of projects that offer useful tools to increase the profit like that https://twitter.com/UPGRADE_Tools/status/1508862493963259915

Cryptocurrrency market is very unstable and unpredictable. Also there are a lot of scams.
That is why it is necessary to check everything not to lose money on investing and invest in the projects that are really necessary for people and in demand.

Many people thing that soon cryptocurrency market will grow. Adoption of digital assets increase and more and more people use cryptocurrency.

darewaller

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Quote from: Rasa nanas on April 15, 2022, 03:07:03 AM

actually this is a fairly easy problem. everyone has the right to create their own crypto, so you also have the right to create your own crypto.
You also have full rights to choose which projects you will invest in, if you find a new project suspicious or the development team of that project is not competent in its field all you have to do is walk away from that project. Therefore this is where the importance of conducting an analysis before investing.

It is not really that easy to predict which one is a scam and which one is a legit. Why? Because, there could be some scam projects that spend a million dollars to convince people they are not scams, and when people see that much attention and advertisement and work put into something they automatically think "what if they are actually quite legit? Who would spend a million dollars on a project if they are a scam?" and then they get disappointed when it turns out to be a scam.

This is why I care about the situation a lot, I care about the fact that we need to actually check it beyond how much they work and how much money they spend on that project to figure that out.

LaCucina

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Quote from: JackieAinsley on April 14, 2022, 04:29:57 PM

Quote from: Garsipop on April 13, 2022, 02:03:16 PM

The most important is to check how usefull is a poject and what tools it offer.
Now appear a lot of projects that offer useful tools to increase the profit like that https://twitter.com/UPGRADE_Tools/status/1508862493963259915

Now cryptocurrency is very popular and a lot of projects appear every day. But among good and prospective projects there are many scams.
That is why it is necessary to check everything befor investing not to invest money in scams.

Cryptocurrrency market is very unstable and unpredictable. Also there are a lot of scams.
That is why it is necessary to check everything not to lose money on investing and invest in the projects that are really necessary for people and in demand.

coin-investor

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Quote from: Daodex on February 25, 2022, 01:30:07 AM

Almost everyone I knew now creates their own tokens Grin

these guys aren't even crypto developers to begin with, they have no coding experience or knowledge now this makes me worry, imagine how many crypto tokens that are created by inexperienced personal, I think we need to buckle up for there will be huge rain of scam tokens upon us than what we've seen before...... Sigh! I wish that only few qualified people knew how to build blockchain projects.

This is not really a cause of concern, Bitcoin is open-source if it's not an open-source there will be no decentralization that we are embracing, let them create coins, your duty to yourself and to the community is only to support coins with real usage and potential and can advance the cause of Cryptocurrency, blockchain, and decentralization, if all of us are educated on the right coins to invest these shit coins can't harm us and they will be gone the soonest that they are created.

FatFork

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Quote from: TheUltraElite on March 29, 2022, 12:42:15 PM

Quote from: Pasa32 on March 06, 2022, 01:34:32 PM

Yeah, There are a lot of scammers now, scan any wallet on bscscan you will surely find a fake token in the wallet. Actually now many websites are launched which launches tokens by just getting a little fee. We have to be careful from these fake tokens.

This trend will be going on and people have to make themselves aware of such scams to be able to avoid them.

Jumping into every new project that gets launched is a bad and risky habit that people need to understand and they are surely going to lose with the number of scams currently going on. Newbies make these mistakes often and they are suffering for that. Others should learn from them.

It is a point of concern but we have to learn to live with thiefs among us. Thiefs exist because humans are greedy and make mistakes.

There is a growing trend of 3rd party services being created to simplify the creation of token to be used by an individual or company. This trend will be going on and on as the list of people doing things with smart contracts are growing. But all these are just technicalities that can make token creation less complex and potentially even easier than it was in the past.

But, the real value of token lies in what the token can be used for. These tokens can help a company to function better or make their product or service simpler for the people using it. The range of possibilities and use cases are as endless as the capacity of the imagination of a person.

Tokens are an exciting new thing to invest in, and although there are a lot of risks and uncertainties to deal with, they also offer great potential for a future return. The more you know about what's possible with tokens and their potential uses, the more chance you have of being successful and to make money from them.

uelque

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Quote from: Daodex on February 25, 2022, 01:30:07 AM

Almost everyone I knew now creates their own tokens Grin

these guys aren't even crypto developers to begin with, they have no coding experience or knowledge now this makes me worry, imagine how many crypto tokens that are created by inexperienced personal, I think we need to buckle up for there will be huge rain of scam tokens upon us than what we've seen before...... Sigh! I wish that only few qualified people knew how to build blockchain projects.

Yeah there are plenty of them who can create tokens without even a single knowledge of coding or solidity. It is mainly because the source code of any smart contracts are public and so most people can easily copy the source code and just pay small fees to create a token. That is the reason why most scam contracts are the same from up to end. And we can't do anything about that because that is how things work here.

The only thing we can do is be wise with our investments and choose properly a project that has the potential and having the team exposed to the public and not just a token that was made by anonymous group of people.

ringgo96

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Currently there are indeed very many tokens present, but not only have the potential to benefit us in holding the token, and very many we find fraudulent tokens that only want to make a profit in investors who invest in their projects and this we often find, even some developers can not manage their contracts properly, and used to be very often the case in ICO projects until now is no longer interested by investors.

Blank-Head

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Quote from: Daodex on February 25, 2022, 01:30:07 AM

Almost everyone I knew now creates their own tokens Grin

these guys aren't even crypto developers to begin with, they have no coding experience or knowledge now this makes me worry, imagine how many crypto tokens that are created by inexperienced personal, I think we need to buckle up for there will be huge rain of scam tokens upon us than what we've seen before...... Sigh! I wish that only few qualified people knew how to build blockchain projects.

Those who make tokens understand what he or she will be like in the future. And those who are new to look around so good token. Then with a twisted brain they decide that they will create a token and they too will start the journey in the marketplace. They do not know that new tokens / coins have to be present at all times.
but i can say with certainty that they can't do anything right. because, to do something good, you have to be good and efficient. they will never be able to come up with something out of the ordinary. one time you will become restless and stop everything

Rasa nanas

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actually this is a fairly easy problem. everyone has the right to create their own crypto, so you also have the right to create your own crypto.
You also have full rights to choose which projects you will invest in, if you find a new project suspicious or the development team of that project is not competent in its field all you have to do is walk away from that project. Therefore this is where the importance of conducting an analysis before investing.

JackieAinsley

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Quote from: Garsipop on April 13, 2022, 02:03:16 PM

The most important is to check how usefull is a poject and what tools it offer.
Now appear a lot of projects that offer useful tools to increase the profit like that https://twitter.com/UPGRADE_Tools/status/1508862493963259915

Now cryptocurrency is very popular and a lot of projects appear every day. But among good and prospective projects there are many scams.
That is why it is necessary to check everything befor investing not to invest money in scams.

Topic: The way things are going with new crypto is worrisome - page 2. (Read 960 times)