There will be more bad guys in this technology and try to fool people.
If you dont want to be on their bait you should study everyday and know more about the community and ICO.
People must study the project to be on the good side.
Topic: What Can Be Done About This? (Read 96 times)
if really targeting big profits by looking at current market conditions, don't be discouraged and stop investing, because for people in general this kind of thing looks very sad. but we need to know this is an opportunity to continue to invest because prices are very cheap in the market today.
in my opinion, don't give up first in terms of participating in bounty campaigns and investments. don't start selling your altcoin assets for now even though etheriun continues to decline because it will make things worse.
ICO is not the same and will not bring profit as before. One has only to wait and I think more than one year.
Unfortunately, there is no solution against these fake ICOs except to stop investing in ICOs. I do not have the right numbers in my head right now, but studies have shown that well over 50% of ICOs are scams. These numbers are scary. There are several points to look for in an ICO. 1. Is the team known behind the ICO? 2. How is the white paper structured, a detailed reading is very useful 3. How transparent is the project? For example, was the program code published on Reddit? Does the project already have a large community? 4. How realistic is the roadmap? can the times be kept realistically? what does the project intend to do?
Newbies are the ones that fall into shiny and fake schemes, i do remember that when i was new i even fell for a few ponzi schemes and then slowly i learnt how things work and how to analyze each project to stay away from fake projects and ponzi schemes.
We've seen too many fake ICOs like this. What do you think is the solution to this anomaly? https://cryptoinfowatch.com/foneex-this-scam-commences-presale-in-12-hours/
with the reason of plagiarizing other people's work and using fake team photo images, it is clear that ICO aims to deceive investors, so with this kind of event we must thoroughly examine the truth of all team profiles and see the project program to be run.
the reality is that there will be people that do no research and will end up investing in ICOs even if they are scams. I personally have been very skeptical of most because you see every week that people are getting taken. These scammers are getting smarter and finding ways to make it look more legit which to the average user they can't spot it. I would say a way to fix this is to force people to really do their research before making a decision.
We've seen too many fake ICOs like this. What do you think is the solution to this anomaly? https://cryptoinfowatch.com/foneex-this-scam-commences-presale-in-12-hours/
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