Topic: WHEN WILL PEOPLE LEARN? - page 21. (Read 4601 times)
When people are learned from their mistakes and if all of us are educated already in cryptocurrency before entering thw world of trading, then that is the time that we can say we are learned already. People must be educated so that we can move prior to our analysis not just by our instinct. And we are educating by our previous experience.
good profit in short amount of time is what dazzled their eyes and scammers are really know how to make it look like it's legit. Best way to avoid this is by experience or investigate the project further for legal information.
Purchasing tokens through airdrop or through a lengthy bounty campaign is not a guarantee that it will be successful listed in exchangers and the token will be promising In the market. If you are investing in ICO Just be ready to loose no matter how careful you are.
Because many people still believe can become rich without knowledge. They think crypto is an easy industry, but it's not. To survive and earn here, you need to learn a lot, deal with your mistakes and never give up.
So saw many self airdrops of ERC20 tokens and wave platforms in social media. They would promise their investors a cheap token price purchase, and in turn promise a good listing price at the exchange. 98% of these self airdrop never make it to exchange, and the few that get listed in a decentralized exchange get pumped for 2hrs and there after dumped forever. Why do you think people still patronize these scamming project and not study good ICOs and buy?
Most of those airdrops are scam. People should stay away from such no matter how attractive the offer might be. 
There will always be new fools that get suckered into these scam projects because they are promised great returns. It's difficult for myself to trust any new project unless the developer has a proven track record. The amount of scam projects is very high right now and it's part of the reason the market is suffering so much right now.
everything costs itself . to learn enough it means to lose enough . money is the best way to learn 
Maybe it because they got free token from self airdrop and once you got one of it you will thinking that you must have more. Thats why you buy. This is a good marketing strategies
So saw many self airdrops of ERC20 tokens and wave platforms in social media. They would promise their investors a cheap token price purchase, and in turn promise a good listing price at the exchange. 98% of these self airdrop never make it to exchange, and the few that get listed in a decentralized exchange get pumped for 2hrs and there after dumped forever. Why do you think people still patronize these scamming project and not study good ICOs and buy?
I agree with that, there's too many people that's uneducated about investing or how economic works and they believe that get rich in crypto quick which is not true. People want to get rich quick and the greed make them make bad decision that's why they invest in that kind of project. Some of them don't even have the capital so that's why they join a lot of airdrops. 
Peoples learn when they got mistakes, most of us are only learn when we got already a big mistakes, however it is only a part on this business to experience several forms of mistakes. Like for example lack of strong private securities that hackers can easily enter and hacked on your cryptocurrency coin assets.
I agree in your opinion, we only learn in our mistakes cause we got here experience it is part of our life for bring careless sometimes in this mistake we learn lot's of thing. In joining in this of kind of investment you can experience lot's of mistakes like encounter the hackers that hacked your investment, if you experience this kind of mistakes I am sure that next time you invest you will make lot of care in your investment. So saw many self airdrops of ERC20 tokens and wave platforms in social media. They would promise their investors a cheap token price purchase, and in turn promise a good listing price at the exchange. 98% of these self airdrop never make it to exchange, and the few that get listed in a decentralized exchange get pumped for 2hrs and there after dumped forever. Why do you think people still patronize these scamming project and not study good ICOs and buy?
So many people are still ignorant of this. That is why they continue to be scammed.
I think in the crypto space we have lot of people that have once participated in several pyramid schemes and HYIPS and they see this technology as another opportunity to participate in such schemes. More enlightenment is needed so that people can really know that this blockchain technology is way beyond several coins and tokens.
This is a common practice nowadays some developers create a wallet with some anonymity features or whatever shit features then promote the project using free airdrops and a very own exchange then some newbies will promote this shitcoin and after 1-2 years the developers will dump the coin lol.
It is us who need to make aware about such project or ask people to stay away or do their research before participating in any airdrop or even investing in ICO for that matter. As many newbie get lured by the return they may show or get carried away it becomes easy to scam this people for them.
People are never going to learn because they do not want to do it, they want to obtain profits, but they do not want to do what it is necessary to reach that goal, most people are like that by the way, if they see someone with something they do not have they just assume that person was lucky, not understanding that most of the time those that become rich do it because of the great effort they put into productive activities.
most of them are in a hurry and just catch a glimpse of the whitepaper and road map from ico. they only believe, and do not analyze further.
So saw many self airdrops of ERC20 tokens and wave platforms in social media. They would promise their investors a cheap token price purchase, and in turn promise a good listing price at the exchange. 98% of these self airdrop never make it to exchange, and the few that get listed in a decentralized exchange get pumped for 2hrs and there after dumped forever. Why do you think people still patronize these scamming project and not study good ICOs and buy?
Well that self airdrop will listed on decentralized exchange easily but the price will be super low and like a trash coin. The sad thing is many people still join that type of airdrop and even make many alt accounts to join the airdrop lol. Well it is free, that's why many people still join that airdrops even the airdrops is trash.
This is a common practice nowadays some developers create a wallet with some anonymity features or whatever shit features then promote the project using free airdrops and a very own exchange then some newbies will promote this shitcoin and after 1-2 years the developers will dump the coin lol.
Because people think its a free money and even token value is zero they do not lose anything and are targeting to sell once pump happens, but indirectly involving the people the air-dropper would benefit much, they will sell their shitcoin in much higher value during pump into people who will then carry those shit loads of coins forever in their portfolio.
All ICOs have almost no difference between scam projects and projects that are not capable of being maximized in the ICO. all whitepapers and attractive promotions look the same and they display a lot of logos with perfect value from the ico rating / review platform, all give nothing because investors prefer investments that are covered by the hype of big profit promotions.
There needs to be special certification in the use of smart contract regulation or ICO so that there are filters that will prevent the flow of fraud from becoming wild, this year I can hardly distinguish which is good and which is not.
There needs to be special certification in the use of smart contract regulation or ICO so that there are filters that will prevent the flow of fraud from becoming wild, this year I can hardly distinguish which is good and which is not.
99.9% Airdrop is a fraud, but almost all the coins and tokens that are now in the top 100 also did their airdrop when they started the project, the time involved is small because people and participate.
Bounty campaigns also consist of about 90% of scammers, and today there are very many cases of deception by campaign managers or project creators.
Just need to study the project more carefully before joining and distributing it.
Bounty campaigns also consist of about 90% of scammers, and today there are very many cases of deception by campaign managers or project creators.
Just need to study the project more carefully before joining and distributing it.
Jump to: