Why buy altcoins or invest into ICOS if 99.9% are scams? - page 2.

Kubra Dam

sr. member

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Merit: 271

Quote from: dranster on August 08, 2017, 08:21:58 AM

I dont understand why there are 10's of coins getting created everyday and so many freaking icos with just a whitepaper, anon team, fake ids, and that which doesnt require any tokens at all. In my view, most are just honeypots of your BTCs and will scam you out. Be careful pls

Initial coin offerings were not like this even on february 2017. Scammers seeing this sale structure as an opportunity started to conduct lots of ICO to exploit people having cryptocurrencies. Well, you also say "altcoins" on the topic, but never mixed promising altcoins with other ICO tokens.

jdkarma627

newbie

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Merit: 0

Think about them as penny stocks = your 0.01%. Some of these got the ideas, great ideas just lacking the final product. It's a gamble that most are us are willing to take.

crismass1225

member

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will having trouble about it hahaha... not all ICOs is a scam bro... they are making tons of coins every month so that the market have alternative and choices in investment ... in other side ICOs are different in other ICOs in-terms of profitability and service they offer for the future...

Hamphser

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Vave.com - Crypto Casino

Quote from: Kanapka on August 08, 2017, 08:23:28 AM

You still have 0.01% of chance to find a good one, and even if it is a scam still can be pumped and dumped.

Better than play lottery for example

I would really go to that spot compared on joining on lotteries and as you said you do have still chance to hit the right project and would really possibly give you decent profits later on thats why we should really be aware and be careful on jumping into ICO and do plan to put money on it because we wont really know if it would be a success or a failure. This is always the risk and most people do really know about that and this thing really makes me think that almost everyday theres a new ICO unlike on the past which we do only have a few.

Kanapka

hero member

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You still have 0.01% of chance to find a good one, and even if it is a scam still can be pumped and dumped.

Better than play lottery for example

dranster

hero member

Activity: 546

Merit: 500

I dont understand why there are 10's of coins getting created everyday and so many freaking icos with just a whitepaper, anon team, fake ids, and that which doesnt require any tokens at all. In my view, most are just honeypots of your BTCs and will scam you out. Be careful pls

Topic: Why buy altcoins or invest into ICOS if 99.9% are scams? - page 2. (Read 1094 times)