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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: 1satyros1 on January 16, 2018, 12:27:49 PM



Title: Read this C A R E F U L L Y if you don't want to get scammed!!!!!!!!!!!!!!!!!!
Post by: 1satyros1 on January 16, 2018, 12:27:49 PM
This article was posted recently in Israel:

https://www.timesofisrael.com/as-binary-options-shuts-down-some-ex-operatives-turn-to-cryptocurrency/

Apparently, all the ex-binary options bucketshops-fraudsters have now been converted to Crypto Currency scams ready to take ALL of your money in 2018! The warnings are clear! ALWAYS ask information about the development team, their location and past projects before you invest in an ICO otherwise say Bye-Bye to your money!


Title: Re: Read this C A R E F U L L Y if you don't want to get scammed!!!!!!!!!!!!!!!!!!
Post by: m.vina on January 16, 2018, 03:15:47 PM
Don't just check the team. Check the entire project for crying out loud. Does their product have a purpose? What is it? How do they plan on doing/achieving that purpose? Etc, etc. There are a lot more factors to consider than just the team. Crypto is an emerging market where it is so easy to be unaware of what is real and what is not. The best thing to do is research and learn from the big coins like Bitcoin or Ethereum.


Title: Re: Read this C A R E F U L L Y if you don't want to get scammed!!!!!!!!!!!!!!!!!!
Post by: 1satyros1 on January 17, 2018, 09:30:33 AM
Totally agree with you. That is the best rule of investing. However, with some many ICO's and Fear of missing out, there is not a lot of time to do a lot of research and people are skipping the research part and jump on the latest pump! (have done this my self couple of times...) I think, this is fact that these crooks capitalize on in  order to scam as many as people as possible.  I wish they all get arrested and locked up for life.