As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
People just don't want to think and to do research. They just want to invest their money and earn fast profit. That's why they invest their money and losing it. 
Topic: Why do people believe and invest in fraudulent ICO? (Read 3301 times)
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
Most people do not guess if the ICO is real or fake. Many new people involved in the investment are tricked 1-2 times. There are also many others who have been tricked more than that. Because they have no experience to evaluate whether it is an ICO scam. But for long-time participants, they are able to identify potential iCOs. So there are still many ICOs that attract a lot of investment capital As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
I do not think that someone purposefully wants to give their money to fraudsters. It’s just that many of us lack the knowledge and luck to avoid such deception. Therefore, I believe that the ICO market today really needs certain principles and methods of regulation in order to minimize risks for investors.
sometimes to work on chance as managing the details on extensive as appealing status on profile with the developer as might to work on following to put with funds on reference as attaining business with involvement to gains with chance on benefit of returns with profit on terms with the investment scheme of the manage.
Many persons are new to the space and may find it difficult to tell the difference between what is feasible and what is not, the 'free-for-all'mentality that was prevalent in last bull market is still the fuel that powers current scams.Back then, you do not need to be an expert to make money here,even with scam projects you could make money for a while. Also, there are no regulations to protect investor.
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
No one wants to invest in fraudulent ICOS campaigns. Because they don't know and are deceived and unknowingly go to buy coins of no value. This situation is happening a lot and copies. We also meet fraudulent ICOS projects that don't pay for Bounty hunters. 
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
ICO fraudulent projects do not advertise that they are fraudulent. They are trying in every way to prove that they are good and promising projects and deserve to invest in them. And they do it quite skillfully. That is why they manage to collect huge amounts of money. Very often fraudulent ICO projects cannot be distinguished from real ones. In addition, we do not have enough opportunities to check the ICO team and their project. In this regard, fraud in the activities of the ICO is flourishing.
There were no ICO that has raised 1 billion USD in a token sale. There were cases that ICOs have raised around 30-50 millions USD, have distributed tokens, but have never released any product or an update yet.
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
I do not think that someone purposefully wants to give their money to fraudsters. It’s just that many of us lack the knowledge and luck to avoid such deception. Therefore, I believe that the ICO market today really needs certain principles and methods of regulation in order to minimize risks for investors.
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
They invest just because they want to make a profit, nobody knows that the project will be a scam, if they know ,they will not invest, investment is always risky! 
Fake things have good glare. All of us gets attracted to the glare and get trapped. It needs an experience to stay away from these frauds.
Oh, yes. Unfortunately, some projects turn to be something like Christmas tree decorations. The holiday is over, and they become useless, even turn into trash. You have to be very cautious and attentive when choosing an ICO.
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
Don't judge good ico project only depending by millions and billion raised. Because i know that some projects which raised 50 millions dollar but this is fraudulent scam project and investors lost money. And many project saying they raised millions dollar it just for marketing strategy i think. The answer is simple, it reason is because they don't know that it was a fraudulent ICO before investing, because know there is nobody that will know a scam ICO and still go ahead and invest in it.
there are some ways that help to analyze projects and reduce the opportunity to get on scammers. Just need to have a lot of time
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
Dude, nobody invests in a project if it's fraud. We're all human beings and we make mistakes. You never made a mistake in your life? But now investors are doing more research, so they are less likely to be swindled.legendary
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It is not that easy to spot the fraudulent ICOs, specially for newbie members they can easily get trapped in these projects. Initially, these scam projects do spend a lot of money for advertisement, so it is very difficult to spot whether they are legit or scam.
The projects I know from 2017 and 2018 have now become scam, of course they succeed ICO and pay full for bounty. But after a period of operation, their project was dead. so ICO died in 2018As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
At ICO stage no one really knows if the project is scam/fraud, there is no exact analysis on how to determine whether the project is legit or not. And given the fact that the project gives a lot of hype on the community. But there is one thing for sure, investors learned from these past mistakes and they will never fell in that trap again. 
The answer is simple, it reason is because they don't know that it was a fraudulent ICO before investing, because know there is nobody that will know a scam ICO and still go ahead and invest in it.
there are some ways that help to analyze projects and reduce the opportunity to get on scammers. Just need to have a lot of time
The answer is simple, it reason is because they don't know that it was a fraudulent ICO before investing, because know there is nobody that will know a scam ICO and still go ahead and invest in it.
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
There were alot of promising ICOS that make every investors blinded.Same as bounty hunters,alot of scam ICOS profited on a free promotion by bounty hunters.Nowadays there were alot of Scam ICOS that have made those people behind it instantly rich and suddenly it dissappears.Hoping these new year they will be gone and every scam projects would end. It is not that easy to spot the fraudulent ICOs, specially for newbie members they can easily get trapped in these projects. Initially, these scam projects do spend a lot of money for advertisement, so it is very difficult to spot whether they are legit or scam.
The projects I know from 2017 and 2018 have now become scam, of course they succeed ICO and pay full for bounty. But after a period of operation, their project was dead. so ICO died in 2018 Jump to: