Lots of projects will just do lots of shits by every means to get investors’ attention, and you are very mush right, we have to be extremely vigilant not to allow anything such has this to deceive us, and I must confess to you that it has really never crossed my mind that they will be using this too as bait, by adjusting the bar and for those not using bar, adjusting the figures since they are the ones directly operating the site.
This actually should have formed part of the research too if they were genuine, because you also need to know how other investors are responding to the project coupled with other strong factors ones has to consider before making any investment move on such projects, we will keep learning bits by bits until there is no longer chance for scammers again, and ICO will be revived once gain.
Topic: WARNING! this is very misleading - page 3. (Read 1059 times)
Many new projects are fooling new investors with bars of softcap or hardcap almost reached,showing how demanding their token is so that they can invest that's why newbies must learn first on this forum before anything else or else they will keep falling victim to scams like this.
what should be remembered by them keep in their mind about the contract sale and it's more than enough to check about the credibility of the bar or chart of the fundraising that already published by the developers. Please fellas take a minute to look at the image below
Every projects with ICO fundraising has this bars showing on their website if they've met softcap or hardcap,what came to surprise me is some investors depends on this bar to decide whether they will invest or not,they want to be sure that more investors are buying well you might be wrong.
1)Some projects are so shady that they will feed investors fake bars indicating that the sales is going on very well just to make you invest.
2)How can you just depend on a bar to decide if they project is good or not?even if people are rushing a ICO project doesnt mean the project is good,ask what happened to many investors who blindly invest in IEO projects when they rely on exchanges.
3)some projects presale fund raising might start very well and ended up not meeting hardcap in the end.
Rely more on your researches,no knowledge is lost and knowledge is indeed powerful.
Every projects with ICO fundraising has this bars showing on their website if they've met softcap or hardcap,what came to surprise me is some investors depends on this bar to decide whether they will invest or not,they want to be sure that more investors are buying well you might be wrong.
1)Some projects are so shady that they will feed investors fake bars indicating that the sales is going on very well just to make you invest.
2)How can you just depend on a bar to decide if they project is good or not?even if people are rushing a ICO project doesnt mean the project is good,ask what happened to many investors who blindly invest in IEO projects when they rely on exchanges.
3)some projects presale fund raising might start very well and ended up not meeting hardcap in the end.
Rely more on your researches,no knowledge is lost and knowledge is indeed powerful.
l would really like to point out l often face this kind of problem. l read some news about it. In my view, there is no way to know that's right or wrong. Some fake projects use this way to trap many investors. Unfortunately, there are some Investors, trust them that must be careful. l find your post very useful and let me express my opinion.
They do not publicly raise the amount actually raised, and with projects like that I will never invest in them. I have encountered too many projects using this way to make investors invest in their projects
Since we can't trust softcap and hardcap bars its always good to depend on the projects its self instead of how their fund raising is on going,I've seen projects that use almost a year for fundraising and in the end they met their target,bars are nothing but deceiver
Your 1st point really true. In 2017 hardcap and softcap have true indicator but now we can follow them to know how good those project. A month ago i find some developers use that to attract investor. This way really dishonest. As investor we must thinking more smart and do research more detail.
Please fellas take a minute to look at the image below
Every projects with ICO fundraising has this bars showing on their website if they've met softcap or hardcap,what came to surprise me is some investors depends on this bar to decide whether they will invest or not,they want to be sure that more investors are buying well you might be wrong.
1)Some projects are so shady that they will feed investors fake bars indicating that the sales is going on very well just to make you invest.
2)How can you just depend on a bar to decide if they project is good or not?even if people are rushing a ICO project doesnt mean the project is good,ask what happened to many investors who blindly invest in IEO projects when they rely on exchanges.
3)some projects presale fund raising might start very well and ended up not meeting hardcap in the end.
Rely more on your researches,no knowledge is lost and knowledge is indeed powerful.
Every projects with ICO fundraising has this bars showing on their website if they've met softcap or hardcap,what came to surprise me is some investors depends on this bar to decide whether they will invest or not,they want to be sure that more investors are buying well you might be wrong.
1)Some projects are so shady that they will feed investors fake bars indicating that the sales is going on very well just to make you invest.
2)How can you just depend on a bar to decide if they project is good or not?even if people are rushing a ICO project doesnt mean the project is good,ask what happened to many investors who blindly invest in IEO projects when they rely on exchanges.
3)some projects presale fund raising might start very well and ended up not meeting hardcap in the end.
Rely more on your researches,no knowledge is lost and knowledge is indeed powerful.
I agree with you, projects with progress bar regarding their ieos are mostly false
They make less than 30$ and end up claiming to earn millions, misleading investors to buy upon listing
It’s up to us to dyor and be spot on with projects we support
Sure it does and in fact will go a long way in attracting more newbies into being victims. This is one of the things found in ICOs or rather one of the ways in which they (ICOs) tends to bank on most investors. The funny thing is, most the project if not all never got listed on any good exchange neither did they offered any tangible results.
This is from a package you can buy that gives you everything you need to make an ICO. That is why every single ICO has only one page and scroll downs and that little bar.
It is the same thing over and over again it just has a different skin.
It is the same thing over and over again it just has a different skin.
It's funny to remember some of what I did before.
Yes I am guilty of doing that kind of speculation before investing.
I dont look at what features of a project is before but just mere looking at this bar and then buying their tokens if I see that bar almost hitting the softcap.
Learned a good lesson from it.
Now, I dont. I think there are more legitimate ones which dont show bars like that but rather tell their supporters everything in their telegram group.
Being transparent is really a must.
Yes I am guilty of doing that kind of speculation before investing.
I dont look at what features of a project is before but just mere looking at this bar and then buying their tokens if I see that bar almost hitting the softcap.
Learned a good lesson from it.
Now, I dont. I think there are more legitimate ones which dont show bars like that but rather tell their supporters everything in their telegram group.
Being transparent is really a must.
beware you must be careful of the abuse that is under the guise of a bounty hunter project with funders and developers who want to attract investors, if it is true there must be an audit team, clearly legitimate without any regulations that make it difficult for all parties related to a project, and correct there is no other manipulation.
there are even some projects that claim opinions from sellers to reach hardcap. but after that there is no development that is balanced with the funds obtained. like the release of the exchange that is really bad. obviously it will make investors and bounty hunters disappointed. 
beware you must be careful of the abuse that is under the guise of a bounty hunter project with funders and developers who want to attract investors, if it is true there must be an audit team, clearly legitimate without any regulations that make it difficult for all parties related to a project, and correct there is no other manipulation.
Many new projects are fooling new investors with bars of softcap or hardcap almost reached,showing how demanding their token is so that they can invest that's why newbies must learn first on this forum before anything else or else they will keep falling victim to scams like this.
Reaching the hardcap or softcap doesn't mean they can success in the market because many of projects has fallen when it listed on the market and they are difficult to rise on a few months. Many of them are good projects, but unfortunately, they can not survive in the market and only down deeper than the ICO price. They need a long time to rise and start to reach a new price at the market because their price is fallen too deep.
yes, I saw a project like that in 2018. and a lot. even those who reach hardcaps now have their tokens priced very cheap. do not have a strong community for trade. most of them sell and switch to other projects. future projects like this seem to be bleak. 
I often relied on softcap indications charts for a project. As long as it's softcap, I was immediately interested in participating. But after experiencing some inappropriate experiences, I began to study. Your word is correct if the softcap chart is not certain to always indicate the success of the project. It would be better if we crosscheck the truth first by analyzing it further.
Not all projects reaching the softcap target are good projects, in fact, many projects have achieved target hardcap, the price has now fallen more than 90% below the ICO price. It is difficult to determine whether the project is good or not, but in my opinion partnertship determines the project in the future
Reaching the hardcap or softcap doesn't mean they can success in the market because many of projects has fallen when it listed on the market and they are difficult to rise on a few months. Many of them are good projects, but unfortunately, they can not survive in the market and only down deeper than the ICO price. They need a long time to rise and start to reach a new price at the market because their price is fallen too deep.
Please fellas take a minute to look at the image below
Every projects with ICO fundraising has this bars showing on their website if they've met softcap or hardcap,what came to surprise me is some investors depends on this bar to decide whether they will invest or not,they want to be sure that more investors are buying well you might be wrong.
1)Some projects are so shady that they will feed investors fake bars indicating that the sales is going on very well just to make you invest.
2)How can you just depend on a bar to decide if they project is good or not?even if people are rushing a ICO project doesnt mean the project is good,ask what happened to many investors who blindly invest in IEO projects when they rely on exchanges.
3)some projects presale fund raising might start very well and ended up not meeting hardcap in the end.
Rely more on your researches,no knowledge is lost and knowledge is indeed powerful.
Every projects with ICO fundraising has this bars showing on their website if they've met softcap or hardcap,what came to surprise me is some investors depends on this bar to decide whether they will invest or not,they want to be sure that more investors are buying well you might be wrong.
1)Some projects are so shady that they will feed investors fake bars indicating that the sales is going on very well just to make you invest.
2)How can you just depend on a bar to decide if they project is good or not?even if people are rushing a ICO project doesnt mean the project is good,ask what happened to many investors who blindly invest in IEO projects when they rely on exchanges.
3)some projects presale fund raising might start very well and ended up not meeting hardcap in the end.
Rely more on your researches,no knowledge is lost and knowledge is indeed powerful.
It should be explained to newbies, but for all of us here whoa re used to it, we all know it can be manipulated because it is just a tool that can be set up to lower and higher, I never looked on that instead I looked on investors reaction and of course their wallet, to see if they are progressing, but that is not also an indicator.
I noticed it with a number of projects last year, what finally exposed most of them is the bear run. After the lies about teaching soft cap they were exposed when they couldn't go on with the project.
I often relied on softcap indications charts for a project. As long as it's softcap, I was immediately interested in participating. But after experiencing some inappropriate experiences, I began to study. Your word is correct if the softcap chart is not certain to always indicate the success of the project. It would be better if we crosscheck the truth first by analyzing it further.
Please fellas ,take a minute to look at the image below
Every projects with ICO fundraising has this bars showing on their website if they've met softcap or hardcap ,what came to surprise me is some investors depends on this bar to decide whether they will invest or not ,they want to be sure that more investors are buying well you might be wrong.
1)Some projects are so shady that they will feed investors fake bars indicating that the sales is going on very well just to make you invest.
2)How can you just depend on a bar to decide if they project is good or not?even if people are rushing a ICO project doesnt mean the project is good,ask what happened to many investors who blindly invest in IEO projects when they rely on exchanges.
3)some projects presale fund raising might start very well and ended up not meeting hardcap in the end.
Rely more on your researches ,no knowledge is lost and knowledge is indeed powerful.
Every projects with ICO fundraising has this bars showing on their website if they've met softcap or hardcap ,what came to surprise me is some investors depends on this bar to decide whether they will invest or not ,they want to be sure that more investors are buying well you might be wrong.
1)Some projects are so shady that they will feed investors fake bars indicating that the sales is going on very well just to make you invest.
2)How can you just depend on a bar to decide if they project is good or not?even if people are rushing a ICO project doesnt mean the project is good,ask what happened to many investors who blindly invest in IEO projects when they rely on exchanges.
3)some projects presale fund raising might start very well and ended up not meeting hardcap in the end.
Rely more on your researches ,no knowledge is lost and knowledge is indeed powerful.
first and foremost don't get fooled by the bar.
I Personally didn't believe how many fund raised by some project.
Even on IEO I don't 100% sure the found raised, In some case you can deceive fund raised during IEO (i.e Dev from some project buy their own Token on IEO, or may be they call the exchange to make ANN "IEO Sold out in 3 Minutes")
So true. We also really don't know whether the chart is genuine or fake. Maybe their team made it as if they had reached a softcap to convince potential investors. But it would be better if we analyze more in their actual wallet transactions. Is it fake or normal and how many have sold
Better not to invest atall if the websites are not transparent enough. I suspect that many of such websites are owned by few people or the same person in order to spams the ICO space and scam vulnerable people
Jump to: