Because they turn their brains off, logic off, when they start to dream of good opportunity that pays off. Most people do this for all sorts of things.
many people in cryptocurrency is a believer that they could rich just in a one night, this a bad habit and created fomo and something like that. Yeah people should learn about the project before investing in ico, just use the logic to judge whether the ico is good or not and dont ever think an airdrop that you get could make you rich. In the end you need a capital to invest and the more you invest the more risk you got and more profit you could got. I believe this is the principel of investing 
Topic: WHEN WILL PEOPLE LEARN? - page 23. (Read 4601 times)
I think not all people understand how some token work.
Personally I try to choose the local project because I can understand their background more fluently, unlike foreign project.
But who know if one day another Stellar project occur !
You are right. Not everyone understands how tokens work. And they also don't understand how to sell tokens. My advice should they read and understand. So they are not wrong in choosing the project they run. Personally I try to choose the local project because I can understand their background more fluently, unlike foreign project.
But who know if one day another Stellar project occur !
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?
They try their luck in airdrop if you are lucky then you will receive huge amount of money then if it is not then you will loose it very simple you must need to take a risk for it, in life you must be a risk taker for you to understand on how life must going, don't look in the promises just go with the flow i'm sure you will have profit on it.
As people learn on how to avoid scam project so scammers improve on their scam strategy hence no person is above been scammed except by the grace of God but let me ask is it not high time managers that patronize fake ICOs is been sanctioned?
Because anything that is "free" affects the brain of the masses very much. Everyone wants free stuff and will do just about anything for it (as long as it's easy). Just like when you see the word "SALE" or "DISCOUNT".
Today people are learning to gain more knowledge to serve the need to make extra money from the knowledge they have learned. So I think that people are trying to learn from now
Your talking exactly right. I also don't know which blockchain ICO is real and which blockchain ICO is scam. Have any link for real project, so please give me that link. I lost my money in bad project. If we know about all project before invest, so we can avoied scam project.
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?
Everyone has their own reason. Some are still just newbies that are so dumband knows nothing, they just go straight and invest on whatever they see without carrying out some proper research. Another set of people are those who thinks they are too smart and since the token is still new they can just pump it and dump it immediately, leaving it for those that are coming in newly a) to get trapped in it and lose their money. Others can be those who thinks that it’s going to really work out, but at the end it never does.
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?
Everyone has their own reason. Some are still just newbies that are so dumband knows nothing, they just go straight and invest on whatever they see without carrying out some proper research. Another set of people are those who thinks they are too smart and since the token is still new they can just pump it and dump it immediately, leaving it for those that are coming in newly a) to get trapped in it and lose their money. Others can be those who thinks that it’s going to really work out, but at the end it never does.
They will learn, if a large number of ICO projects have truly recovered from their bad reputation. But can this still be fixed? ...
Probably people will learn until their efforts are already exhausted. Scammers grabbed the opportunity of the crypto craze. Some people are too eager to earn with a less knowledge about the team and the project. Skipping this process would result in checking the credibility of the project.
Because, the credibility of a project's one of the important components which's at the same time the spearhead of the success of a project in gaining trust in the eyes of the public.
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?
Probably people will learn until their efforts are already exhausted. Scammers grabbed the opportunity of the crypto craze. Some people are too eager to earn with a less knowledge about the team and the project. Skipping this process would result in checking the credibility of the project.
Because, the credibility of a project's one of the important components which's at the same time the spearhead of the success of a project in gaining trust in the eyes of the public.
Self airdrops are a big no for me, because I really do not see any point in exchanging my valuable ethereum for some worthless token there is little or no concrete plan to developed
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?
In my opinion its because they still hoping for it, seeing it as an easy to earn tokens without any hardwork. Well, for me people is not patronizing these scamming project but they are lack of knowledge about that project and their team. Its just some people are eager to earn fast money and they do not mind to think the consequences of it. Always be careful to the campaign you want to participate because the scam project is spreading nowadays.
They will learn when they fall for these scams and lose their money. They will either quit it all together or be stronger and make sure they don't make the same mistakes all over again. There seems to be a lot of scam projects so it's also hard to be aware of all them. Being a newbie doesn't help especially when you don't have friends who are well experienced in these kinds of stuff already.
What you are experiencing is almost true to all. Many are not scams but will behave like one. This is happening because there are to many ICO and each project doesn't even show much of the usability. So as a result many will just go on dumping with their coins because it is not moving. No usage or utility means no increase in demand and therefore dumping results.
For them getting lucky on a coin will be worth it. For them, it's like lottery, but personally I do not think the investment that I call it is gambling. They are betting on some low potential currencies. I think before you invest in anything should study and learn it. Check that this currency has real potential.
Some of these projects are not scams. And you can earn a decent profit from these ICO's. I guess the only to way to tell is by researching and studying their project. If the development team is decent they might just make it. Make sure you know the team and the project before supporting it.
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?
Will in this situation,everyday in our life is still process of learning, especially in the way of investment cryptocurrency people or investor still occur mistake and commit a scamming project,because we could not identify properly of whats is legit or fraud campaign project now,because everything we can see,we thinks its not a scam and only we could identify,thats those project is fake when in the end of the campaign period.
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?
Will in this situation,everyday in our life is still process of learning, especially in the way of investment cryptocurrency people or investor still occur mistake and commit a scamming project,because we could not identify properly of whats is legit or fraud campaign project now,because everything we can see,we thinks its not a scam and only we could identify,thats those project is fake when in the end of the campaign period.
Because they still don't know the how crypto works, they don't have enough experience that is why they are being scammed and easily manipulated by this scam ICOs
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?
We may felt bad for this scam ICOs but there is study that people are gaining profit through investing in ICOs. Yes, they may encounter scam ICO but it can be offset by the profit they gain from legit ones. I hope you get what i mean. Jump to: