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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Sunrise360 on December 15, 2022, 08:30:48 AM



Title: High Profit Projects Are Prone To Scam
Post by: Sunrise360 on December 15, 2022, 08:30:48 AM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.

I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?





Title: Re: High Profit Projects Are Prone To Scam
Post by: Kelvinid on December 15, 2022, 10:23:40 AM
Perhaps, it was a broken promise and mostly it happens in new projects during their pre-sale. Well, greedy people could think they become rich if that will happen without thinking of the possible scam in the end. Unfortunately, this always happens,s and many people got fooled and lose their money despite several warnings spread to the forum in regards to scam tricks, they still ignore it until such time it arrives.

Like to say X1000 ROI from early investors when staking. It is really tempting...I can really feel it because I've once been a victim of this trick before. And it was not stopped because many people remain ignorant.


Title: Re: High Profit Projects Are Prone To Scam
Post by: mk4 on December 15, 2022, 12:07:39 PM
Try to avoid cryptocurrency projects that promise returns? More like totally avoid projects that promise returns; regardless if the claimed returns are excessive or not.


Title: Re: High Profit Projects Are Prone To Scam
Post by: michellee on December 15, 2022, 02:03:41 PM
It's good when you finally realize that projects that promise high returns will not always deliver. Many new projects say that their project is the best that will provide the greatest profit for investors. But with time, we will find that what they say is false and only want to deceive investors.

As new traders, we are required to be able to learn to analyze every project that we want to use as an investment so that that project won't fool us. Even if you can gather a lot of information, it doesn't guarantee that the project will run successfully because a lot of it has turned out to be a scam. And I agreed to invest the money we can afford to lose so that we don't lose more money if the project proves fraudulent.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Jackl87 on December 15, 2022, 02:09:39 PM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.

As you already said, it is just not possible for a financial project to be sustainable if they are offering stupidly high APY's. I mean it is also relatively simple mathematics that it can not really work out if a project is paying interests of 1000% per year or even more to their stakers. That projects like this can not last long should be clear to everyone that is able to think logically no matter if they are completely new to the crypto world or not. Also i suspect a lot of those projects are created with the intention already to only last a few days or weeks. The team and the very early investors make a huge profit that way but everyone that is joining to late will lose almost everything.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Yatsan on December 15, 2022, 02:10:43 PM
Gauge and know the difference of realistic and unrealistic rewards. If it is too much and is not in line with the market behavior, expect for risks on engaging into it. Well, there are still high paying projects both as an investment and campaign. But when it comes on high paying projects, only a few are legitimate. If you would be able to observe few projects nowadays succeed. In contrast with the situation years from the past. Ofcourse there are chances that a project is really that great but always check if the informations they are using; from promotion to public sale, are also real. There are many instances scam projects are manipulating promotional informations and you better be cautious of it.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Sunrise360 on December 15, 2022, 02:12:24 PM
Try to avoid cryptocurrency projects that promise returns? More like totally avoid projects that promise returns; regardless if the claimed returns are excessive or not.

Exactly, I think profit making should depend on project quality and market condition.


Title: Re: High Profit Projects Are Prone To Scam
Post by: vv181 on December 15, 2022, 03:02:51 PM
A scam scheme is not significantly different from the old ways before cryptocurrencies evolve, a method that was already being used to scam is only merely incorporated with cryptocurrency.

There is a few methods that use cryptocurrency technical stuff to practise scam, and it does works. Some scammers also get the benefit of the pseudonymous nature of cryptocurrencies so they might get away easily. But still, there are characteristics that are already known used for scams, like giving a sense of urgency, etc. Which is a basic red flag when dealing with anything online.

My point is that scam techniques keep evolving, in addition, it might due to technological progression. Almost likely, a known scam method for ages, being polished with a shade of new fancy things, like in this case cryptocurrency, which makes some people forget that such claim is absurd.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Baofeng on December 15, 2022, 03:31:42 PM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.

I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?

As we have a saying here, it if it too good to be true, then probably is.

Who would be in their right frame of mind give investors 5x, so given that they can do it, what do you think will happen to the project? So yeah, it's really very important to check everything first specially if you are a newbie, see what this project are offering because with huge returns? it's sort of sketchy.

DYOR, invest what you can afford to lose as you have said and just simply used our logical thinking.


Title: Re: High Profit Projects Are Prone To Scam
Post by: kojektea on December 15, 2022, 03:33:29 PM

3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?

It is strongly not recommended to invest in projects that promise outrageous investment returns. This is usually a sign of fraud or a Ponzi scheme, where the perpetrators use the funds of new investors to pay profits to old investors. It's best to avoid investing in projects that promise unrealistic annual percentage results like the ones you mentioned, as they are most likely scams. Before investing in a project, it's a good idea to do some in-depth research to make sure that the project is trusted and has good prospects. If you still have doubts, it's best to avoid investing in the project.






Title: Re: High Profit Projects Are Prone To Scam
Post by: Bitstar_coin on December 15, 2022, 03:55:25 PM
You are very correct, some may not appear as a scam from the way they operate but indirectly, they will take away your investment without you knowing or should I say recognizing that you are being scammed.
Often times those high-profit projects will re-adjust their high reward offers and leave investors to earn peanuts at the end, the best bet is to avoid them completely.


Title: Re: High Profit Projects Are Prone To Scam
Post by: cryptoaddictchie on December 15, 2022, 03:56:38 PM
Its normal to have bonuses or additional perks or tokens when you join the early rounds. This is an incentive to them actually but it doesnt mean a solid profit or guaranteed income.

Also joining a project must have a deeper research about it and dont invest too much money on a start up, cause who knows if that will really materialize or success in the end. Always be cautious.


Title: Re: High Profit Projects Are Prone To Scam
Post by: diminizio on December 15, 2022, 04:07:19 PM

1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.
That's right. As a new trader, it is very important to do in-depth research before investing in an upcoming crypto project. This will help you understand more deeply about the project, including their goals, the team behind it, and their future prospects. In addition, you can also collect information about the reputation of the project, reviews and testimonials from other investors, as well as its potential risks. By doing enough research, you can make informed and wise investment decisions.


Title: Re: High Profit Projects Are Prone To Scam
Post by: vanesha on December 15, 2022, 04:19:17 PM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.
You are right that there are many cryptocurrency projects that turn out to be scams. This is because cryptocurrencies are still a relatively new and not always organized environment. This allows some people to take advantage of inexperienced or unscrupulous investors. To avoid getting caught up in this scam, always do your own research on cryptocurrency projects before making any investment decisions. Never invest money you can't afford to lose and never buy cryptocurrency from an untrustworthy or untrusted seller.


Title: Re: High Profit Projects Are Prone To Scam
Post by: so98nn on December 15, 2022, 04:47:57 PM
Yeah the high yield projects.  Pretty much scams only. They want quick attention of investors and want to get lot of deposits into their wallets in exchange of those fake tokens. This type of scam is not new really. This has been around since very long. There was era of ICO when users were lured into the projects very quickly as they had impression of high returns and also at that time the boom was at another level. It’s always better to play slow but play steady. Rule of thumb, you can earn higher profits that way with least risk.


Title: Re: High Profit Projects Are Prone To Scam
Post by: o48o on December 15, 2022, 05:04:04 PM

Even when they talk about the price in their official telegram channel, you can be sure it's a scam. Or if they don't mean it to be scam at some point SEC would count it as illegal sale of securities, as that's the one clear sign. There can be no promise of returns. That would be a lie someone couldn't guarantee.

Also too high discounts during presale make it similar to pyramid scam, where early investors would just supposedly make more. Or they could just dump everything 2x on top of other investors. How does that make any sense in any form of investing?


Title: Re: High Profit Projects Are Prone To Scam
Post by: Crypt0Gore on December 15, 2022, 06:23:19 PM
You are right, about 99% of projects that promised high returns always end up a scam but one project proved me wrong two years ago, that's HEX, the learn of the day is whenever a project promised high returns it won't cost a thing to just check the project out first.

The promised returns might be on a fact about how rare the project utility is, those who knows how HEX works will understand better.

Do not confuse this with high APY and insane daily returns that some projects promises, I am only talking about good utilities only.


Title: Re: High Profit Projects Are Prone To Scam
Post by: $crypto$ on December 15, 2022, 07:23:40 PM
Projects that offer high ROI are pretty clear they will end up being scammed as well as projects that offer large APYs, in the end, the token is worthless and the project owner runs away with investors' money.

It's a shame that there are still many people who are preoccupied with new projects on pre-sales, they always want high returns, on the other hand, they never think about how big risks are ready to be waiting for you to lose your money, no matter how smart you do this research, it will be very difficult now to find a good project, essentially leaving the new project behind and switching to a coin that is already on the market with a large market cap.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Raflesia on December 15, 2022, 07:35:16 PM
Actually, from the offer, it can be seen that we are really careful because in any case promising x5 or more at the beginning is really worth asking why they say so confidently about this.
I think it can be used as a lesson and try to avoid things like this because it's just a waste of time really. Reasons like this are too classic to be made and we are still too naive because we consider this as one of the truths without paying attention to the worst possibility that will happen.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Odusko on December 15, 2022, 07:51:44 PM
The first pointer to scam is pthe promise of high returns this should be seen as a red flag anything that offers you a certain high return in profit for short period is a potential scam waiting to happen.
This forum is where you can learn a lot about this and experiences, but if anyone is gullible they can easily become prey in the hand of all those scam projects teams.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Silberman on December 15, 2022, 08:25:13 PM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.

I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?




I will argue that any project which promises that you will become profitable at all with them is a scam, and if you do not believe me lets look at the most successful project ever released which in fact created this market, which is bitcoin, Satoshi created bitcoin but he never made an assurance that people will become profitable with it, in fact he even cautioned people with his famous phrase that "in 20 years bitcoin will have a large transaction volume or no volume", which basically tells people that bitcoin could be worth a lot of money or have no value at all in the future, and if Satoshi could not make those kind of promises, why people think that a bunch of developers inferior in skill and imagination can do what he could not?


Title: Re: High Profit Projects Are Prone To Scam
Post by: Flexystar on December 18, 2022, 03:05:27 PM
Frankly we are in the riskiest market here but we can always take shot with popular and old projects here. If anyone’s is already guessing then I’m talking about those top 10 old coins we keep seeing on CMC. Literally I feel like they are harmless coins and they could at least give us security of long term investment with them. I know it’s still risky to trust that list but there are some coins which would always be giving us positive results.

With this approach we know one thing always, we are not going to fall for the high Return projects anytime.  Definitely it’s no for us.


Title: Re: High Profit Projects Are Prone To Scam
Post by: albon on December 18, 2022, 06:10:45 PM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.

I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?




Yes, that's right. They promise investors exorbitant investment returns, and in the end, they steal their funds and remove all evidence of their scams. They only take advantage of the greed and lack of experience of traders and investors by giving them false promises and illogical goals in order to encourage them to invest in their projects. For example, there were projects whose goals included listing on Binance and top exchange platforms only to delude investors that their investment now will turn a year after the listing into thousands of dollars and they collect the investors’ money, and in the end, they abandon the Telegram group and respond to the concerns and inquiries of their community and flee with the money, so a trader and investor should stop being greedy and conduct his research firsthand, and they should know that any project team is among the main reasons for its success, so they should get to know the team of any project that they wish to invest in and about their expertise, professionalism, etc. We must take this into consideration.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Silberman on December 18, 2022, 07:34:09 PM
Frankly we are in the riskiest market here but we can always take shot with popular and old projects here. If anyone’s is already guessing then I’m talking about those top 10 old coins we keep seeing on CMC. Literally I feel like they are harmless coins and they could at least give us security of long term investment with them. I know it’s still risky to trust that list but there are some coins which would always be giving us positive results.

With this approach we know one thing always, we are not going to fall for the high Return projects anytime.  Definitely it’s no for us.
Not even the coins on the top 10 are to be trusted either, except for bitcoin the rest of the coins have their own problems, for example there are three stable coins on the top 10, one coin released by an exchange, a meme coin, a coin with strong ties with banks and ethereum went from POW to POS, so it is not as if we have a lot of options in which you can trust in the top 10, so anyone thinking about investing their money in this market right now should do so in bitcoin and in no other coin.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Wiwo on December 18, 2022, 08:07:45 PM
A large percentage of altcoin investments are scams, and if you ever decide to hold any altcoin then you should rest assured that you are not different from gamblers because anything can happen and there is no difference between a profit-maximizing project and with Ponzi scheme that also promises to be smart enough to robe Paul to pay Peter until the bubble burst because the bubble will definitely burst at some point. We should try as much as possible to be less greedy and tasty to make profits from any project and concentrate more on building financial stability and education and most importantly the motivation to wait for a long time with a real project with physical development other than want to get 2× profits within a short time that can only lead to scam and most scammers are already aware of that.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Xal0lex on December 18, 2022, 08:18:57 PM
This has been known since the creation of ponzi schemes. Any investment or some service that offers high interest rates is a scam. Otherwise how would it create so much profit for all users? Everything here is built on human greed, people see big numbers and run to make deposits, thinking they are smarter than those who invest at 2-4% per annum. But miracles don't happen, if you see an APY over 20%, then in all likelihood, it's a scam.


Title: Re: High Profit Projects Are Prone To Scam
Post by: molsewid on December 18, 2022, 08:19:37 PM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.

I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?




Sometimes yes that's true, so whenever I am going to find new project I am looking for the list of team members and reading their whitepaper thoroughly, not because their whitepaper seems professional you Wil believe it, try to check if it is plagiarized as well. but I also think that if that project really want to scam you, they will scam you no matter how good they are still they will scam you if they want.


Title: Re: High Profit Projects Are Prone To Scam
Post by: BIT-BENDER on December 18, 2022, 08:26:33 PM
Why would you trust promises as a crypto-currency investor? It’s easy for those projects to claim to have a potential gem and a project that offers beautiful utilities on their project but ends up for it all to be fake promises.

I am not the fan of new project in crypto-currency and since I joined in I haven’t been caught in their fake promises. You need to reason beyond the things they throw at your face. Best you check the experience of its community and the team efficiency.


Title: Re: High Profit Projects Are Prone To Scam
Post by: coin-investor on December 18, 2022, 09:41:28 PM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.
It really is a scam from the start these projects use the yield model to entice investors from the start

Quote
I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the
complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
This is always been the complaint they really don't have any plan on listing because it will cost a lot and they want to keep the money to themselves they want more investors and when exposed they will just shut down the project, sorry for your loss but this is the situation now in the altcoin.

Quote
1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?
Without a working platform and a skilled team projects like that are doomed never to invest in projects that promise high interest and potential profit, the altcoin state is now in a sorry state you can hardly see a good new project now.






Title: Re: High Profit Projects Are Prone To Scam
Post by: BitcoinPanther on December 18, 2022, 09:47:10 PM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.

I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?

A project promising a huge is already a red flag for me.    If they are able to make the price of their released token surge, then why not save the token for sale, put the token on market and sell it when  the price of the token goes up.

I always consider projects that boast that they will be 10x 40x more expensive has tendency to be a scam.  Besides, giving early investors bonus has proven to be fatal for a project especially in its early time because investors will just dump their freebies making the price plummet and making possible new investors to lose interest.


Title: Re: High Profit Projects Are Prone To Scam
Post by: tabas on December 18, 2022, 09:48:24 PM
That's their marketing ploy, they're attracting investors to come to them as if they can earn 10000000% of gains from them. But in actual, there's no such legitimate project that can give them that much ROI and profit within a short period of time.
It's true that most of them are likely scam and everyone had to check it out first before entrusting and handing them your hard earned money, do not be fooled by those high earning potential scam promises.


Title: Re: High Profit Projects Are Prone To Scam
Post by: LastKiss on December 18, 2022, 10:50:06 PM
~snip~
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?


A lot of cases out there where someone falls to a tempting big ROI since they need fast money and their greed is controlling them. Even a project that has a 20% annual ROI has a chance to fail in the future. It's true that we should stay away that a project that promises us a big ROI in a short time and never FOMO just because we see someone got a lot of money from a project.


Title: Re: High Profit Projects Are Prone To Scam
Post by: dothebeats on December 18, 2022, 10:57:32 PM
Yes they are. If things are too good to be true, then it probably isn't. Lots of high yield projects often turn out to be scams, or if not scams, they cannot sustain what they promised from the get go. Better to enter/join something that promises growth and development in realistic numbers rather than those who promises aggressive increases but can't sustain anything. Those projects are doomed to fail, so better not enter them and not get tempted with what they're offering.


Title: Re: High Profit Projects Are Prone To Scam
Post by: samcrypto on December 18, 2022, 11:49:54 PM
Yes they are. If things are too good to be true, then it probably isn't. Lots of high yield projects often turn out to be scams, or if not scams, they cannot sustain what they promised from the get go. Better to enter/join something that promises growth and development in realistic numbers rather than those who promises aggressive increases but can't sustain anything. Those projects are doomed to fail, so better not enter them and not get tempted with what they're offering.
You can notice this easily if the team continue to hype the project and yet they cannot deliver, you should be very careful buying any new projects and claiming to be the best on their chosen industry, most probably its just a hyped. There’s a lot of projects like this, and the good thing is most of the user here in the forum knows it already. Don’t buy because of hype, analyze the project as well and decide if you will buy now or buy later.


Title: Re: High Profit Projects Are Prone To Scam
Post by: TheUltraElite on December 19, 2022, 09:52:22 AM
Unrealistic returns are always going to tempt the newcomers and the effect of that is going to be scam. This is known all across this forum but not among these newbies. They end up getting into the wrong coins at the start and they complain about not reaching profits.

High yeild projects are going to be quick fails to any average investor. The only such coin that can give a good return with time is bitcoin. Altcoins are going to worth nothing in a few years after their launch as tokens, so be cautious about them.

Being FOMOed about newly launched coins means loss for any investor.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Wong Goblog on December 19, 2022, 10:43:46 AM
The natural law of investment is that the higher the profit opportunity, the higher the loss opportunity. Currently, there are too many projects that certainly promise big profits. Some time ago we encountered a lot of APY rebase projects, but now investors are crying because it turns out that the price has dropped significantly. to be a scam, so beware in investing.


Title: Re: High Profit Projects Are Prone To Scam
Post by: yazher on December 19, 2022, 11:37:08 AM
Try to avoid cryptocurrency projects that promise returns? More like totally avoid projects that promise returns; regardless if the claimed returns are excessive or not.

Exactly, I think profit making should depend on project quality and market condition.

More likely all of them have some nice promise about their future developments and promotions but only a few projects fulfilled those promises and from those few, only in rare cases you can see they actually going to the next level where they will become popular and legit investment like Binance and others. But for some other projects, they lose hope and often abandoned it when they don't get their road maps fulfilled and the bad thing about this is they leave their investors with some false promises that they will gonna bounce back but not really do anything about it. This is where most of the time newbie investors fell victim because they cannot distinguish the false from reality.


Title: Re: High Profit Projects Are Prone To Scam
Post by: MFahad on December 19, 2022, 02:57:41 PM
All true but to add a little ballance, I take a risk on low cap coins at the end of October this year and after it more than doubled a few days ago I cashed in my initial investment and still hold the other half. Some alts from these lows can make you a fortune, getting in the right ones is the trick 


Title: Re: High Profit Projects Are Prone To Scam
Post by: Bananington on December 19, 2022, 05:26:18 PM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.
It is just funny that there will still be projects that will offer ridiculous returns on Investments to lure their victims and people will still fall victim no matter how much the awareness about such projects is raised. Strangely there is always a tell, a gut feeling that signals you that it is a scam, but most people who fall victims ignore that feeling, think they have struck a gold mine and choose to still try. Solid projects will offer you returns that are reasonable and not unrealistic.


Title: Re: High Profit Projects Are Prone To Scam
Post by: jostorres on December 19, 2022, 06:08:02 PM
More likely all of them have some nice promise about their future developments and promotions but only a few projects fulfilled those promises and from those few, only in rare cases you can see they actually going to the next level where they will become popular and legit investment like Binance and others. But for some other projects, they lose hope and often abandoned it when they don't get their road maps fulfilled and the bad thing about this is they leave their investors with some false promises that they will gonna bounce back but not really do anything about it. This is where most of the time newbie investors fell victim because they cannot distinguish the false from reality.
I think it's normal for any project to promise their investor and this is better than those who don't give any promises at all because it gives the investors a confidence and they will think that the project that they are investing in are committed to improve their project until the end. It's also normal for a project to fail and it does not mean that they didn't try their best.

It's just most of them are a scam and this have affected the way the investors look at the project. They now think that every new project is a scam. Sometimes it is hard to distinguish a scam from a legit project but those who are having a hard time can always seek a help here in the forum.


Title: Re: High Profit Projects Are Prone To Scam
Post by: inthelongrun on December 19, 2022, 06:14:12 PM
For the newbies, in order to not get scammed just think about this, if the promises of x5 or even higher or lower are legit and true, then they won't be asking for your hard-earned money since the big investors and financial institutions will be the ones pouring millions to billions of dollars. One of my current requirements in order to DYOR furthermore on new projects is if they are getting investments from Binane Labs, Kucoin, and other top crypto investors.

Some of these newbies already have an idea of these scams but they are blinded by the hope of becoming rich quickly and easily. In my country, I can see teachers, engineers, and other professionals still becoming a victim of these scams.


Title: Re: High Profit Projects Are Prone To Scam
Post by: SquallLeonhart on December 19, 2022, 07:05:11 PM
More likely all of them have some nice promise about their future developments and promotions but only a few projects fulfilled those promises and from those few, only in rare cases you can see they actually going to the next level where they will become popular and legit investment like Binance and others. But for some other projects, they lose hope and often abandoned it when they don't get their road maps fulfilled and the bad thing about this is they leave their investors with some false promises that they will gonna bounce back but not really do anything about it. This is where most of the time newbie investors fell victim because they cannot distinguish the false from reality.
Projects are usually not aiming at that much long term, the point of a project is not to be long term neither most of the time. It is about surviving the first six months because 99.999% of all new projects die within the first 6 months, it could die at concept stage all the way to being listed on an exchange and still die, so only a handful survive that first six months.

And the ones that does usually have a ton of money, or got invested a ton of money and that matters the most. This ends up being the fact that road maps are only realistic or aimed for the first six months, if they can survive that then it would be a lot easier to recover from there and grow.


Title: Re: High Profit Projects Are Prone To Scam
Post by: lobo13hf on December 19, 2022, 10:14:19 PM
honestly investing in a new project always carries bigger risk of losing your investment along the way, the thing is, as long as you could do diligent analyst in regard of the future potential of the project most of the time you will be fine, the only thing that usually causes so many to get scammed is that they got blinded by their greed thinking they could make quick money in some random project that's created for money grubbing and ended up getting scammed instead, even though they initially thought that they gonna outsmart the other party but unfortunately they are the ones getting scammed instead, had they did invest in some good quality project instead, surely their money will not get into waste.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Psynthax on December 19, 2022, 10:39:47 PM
I think the devs behind the project giving such big promise definitely with a reason that is to attract many potential investments, after all they are seeking for that massive flow of investments but whether they could really give that much amount of return in the long run is different matters, what they care is how they could gain funding, therefore only invest in realistic project that gives realistic return. therefore you are just being given some empty promises but the ones that really works.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Xal0lex on December 19, 2022, 10:58:05 PM
For the newbies, in order to not get scammed just think about this, if the promises of x5 or even higher or lower are legit and true, then they won't be asking for your hard-earned money since the big investors and financial institutions will be the ones pouring millions to billions of dollars. One of my current requirements in order to DYOR furthermore on new projects is if they are getting investments from Binane Labs, Kucoin, and other top crypto investors.

Some of these newbies already have an idea of these scams but they are blinded by the hope of becoming rich quickly and easily. In my country, I can see teachers, engineers, and other professionals still becoming a victim of these scams.

At the same time, having large investors does not mean that you do not invest in a pyramid scheme. Just think of investments in UST. They had a large fund that had tens of thousands of bitcoins and it turned out to be a scam because it offered high interest rates to its depositors, 20%. Such rates can only be sustained if the inflow of money into the system does not stop. Once it decreases, the pyramid collapses, even with large investors.


Title: Re: High Profit Projects Are Prone To Scam
Post by: romero121 on December 19, 2022, 11:01:18 PM
Whenever you make an investment it is good to think of the market as well as the project's core and the team. Just because it have promised for big multiples we should not invest on those projects. This is completely unfair and we could end it with big loss. Projects that are good with their development will never promise about the multiplier. They just focus on its real-time usage through which further the progress of the project can be reached.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Saisher on December 20, 2022, 02:58:50 AM

3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?


Investors should stop supporting projects that offer high yields without a usable platform, everything should be usability and utility not on yield or potential profit which is unrealistic as long as we have people like this that believes that these kind of projects are worth investing in, the industry cannot attract adoption lets get rid of bad actors in the industry its the only way to fave the way for the adoption of the greater masses.


Title: Re: High Profit Projects Are Prone To Scam
Post by: lienfaye on December 20, 2022, 07:47:42 AM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.
Any projects promising a too good to be true profit is likely a scam. That's why we often advise the investors specially the newbies to always DYOR before investing your hard-earned money. If the profit is not realistic don't invest because no one will give you huge return specially in a short period of time. Thus don't get fooled, if you're aware of this kind of tactic of scammers then you won't be end up as one of unfortunate victim.


Title: Re: High Profit Projects Are Prone To Scam
Post by: d3nz on December 20, 2022, 08:46:54 AM

3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?


Investors should stop supporting projects that offer high yields without a usable platform, everything should be usability and utility not on yield or potential profit which is unrealistic as long as we have people like this that believes that these kind of projects are worth investing in, the industry cannot attract adoption lets get rid of bad actors in the industry its the only way to fave the way for the adoption of the greater masses.

As we know that the target market of those projects are those new in cryptocurrency and they know that these people are into easy money even though those projects are flop which means it doesn't provide any use at all just for investment and making money by their team.

HYIP is really hype and too doo good to be true but once those investors realize that they are being scammed then it's already too late to pull out their money.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Strongkored on December 20, 2022, 09:46:44 AM
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?
A return of this size is known by many to be impossible but greed will never stop people from continuing to invest in projects like this which is why it keeps coming because the demand is still there, they have a strategy by being an early investor so they can take more profits before the others


Title: Re: High Profit Projects Are Prone To Scam
Post by: Mpamaegbu on December 20, 2022, 10:02:33 AM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.
We all get wiser from experience. I'm not sure there's no one who hasn't been tricked that way here. Perhaps may be one or two out of 100. It's the reason they say, "experience is the best teacher"

Quote
I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
I guess it's about time we stopped shielding these scammers by dragging and tagging the company involved so that others will know who and who we're referring to. In that way, many of those who will also want to scam in future will know numerous eyes are watching them.


Title: Re: High Profit Projects Are Prone To Scam
Post by: swogerino on December 20, 2022, 10:09:20 AM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.

I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?





That 300,000% percentage yield pretty much says it all about the project,which is a red flag that this project is most probably a scam.I personally never get involved in projects,I just do my own research regarding the different altcoins and then based on my conclusion I choose where to point my mining rigs.I love mining much more than investing and the only investing I do is in gear,buying new gear to upgrade my rigs so I can make some coins from the ones I believe on,I know now everything is in red but is exactly at such time when profits are made.


Title: Re: High Profit Projects Are Prone To Scam
Post by: sulendra12 on December 20, 2022, 12:02:01 PM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.
Especially when it's involved with High Yield Staking with high return profit for example there are always projects that offers you high return for example 500% APY which it doesn't make any sense at all to be true. If we see such kind of return and just immediately stay away from those kind of projects, don't waste your time and money on it.

2. Invest what you can afford to lose
If it's obviously scam then you shouldn't bother to invest at all.


Title: Re: High Profit Projects Are Prone To Scam
Post by: inthelongrun on December 20, 2022, 01:39:25 PM
For the newbies, in order to not get scammed just think about this, if the promises of x5 or even higher or lower are legit and true, then they won't be asking for your hard-earned money since the big investors and financial institutions will be the ones pouring millions to billions of dollars. One of my current requirements in order to DYOR furthermore on new projects is if they are getting investments from Binane Labs, Kucoin, and other top crypto investors.

Some of these newbies already have an idea of these scams but they are blinded by the hope of becoming rich quickly and easily. In my country, I can see teachers, engineers, and other professionals still becoming a victim of these scams.

At the same time, having large investors does not mean that you do not invest in a pyramid scheme. Just think of investments in UST. They had a large fund that had tens of thousands of bitcoins and it turned out to be a scam because it offered high interest rates to its depositors, 20%. Such rates can only be sustained if the inflow of money into the system does not stop. Once it decreases, the pyramid collapses, even with large investors.

I agree. 20% is not really feasible for a normal deposit interest rate. Even bonds that go beyond 10% are already risky. Banks are also very conservative with their deposit interest rates, probably the highest they can give is 5% and it's their time deposits that have locked-in periods.

UST kinds of scams are the easiest to market since people thought that their rates are realistic and not HYIP. And they also last longer than the over-the-moon HYIPs.






Title: Re: High Profit Projects Are Prone To Scam
Post by: justdimin on December 20, 2022, 04:30:24 PM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.
Especially when it's involved with High Yield Staking with high return profit for example there are always projects that offers you high return for example 500% APY which it doesn't make any sense at all to be true. If we see such kind of return and just immediately stay away from those kind of projects, don't waste your time and money on it.
They aim at getting as much funds as possible at first go, and offer high yields for that. We all remember the early DeFi period where everyone started a copy of pancakeswap and the reality is that we didn't get anything that was remotely close to that at all, it was a horrible period and it shouldn't have been that high at all, but when it was, those copycats offered as high as 50000% for early days, to get that attention and the more we invested the lower it got but the first days was so high that people made insane returns.

That is why most of them failed, because people sold in bulk and made profit and whoever was left holding paid the losses.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Jody.Drummer on December 20, 2022, 04:53:48 PM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.
Any projects promising a too good to be true profit is likely a scam. That's why we often advise the investors specially the newbies to always DYOR before investing your hard-earned money. If the profit is not realistic don't invest because no one will give you huge return specially in a short period of time. Thus don't get fooled, if you're aware of this kind of tactic of scammers then you won't be end up as one of unfortunate victim.
All projects promise lucrative profits, but if it's excessive without being supported by what their plans are for the future, it will raise a big question mark. Yes, we have to be more realistic when looking at projects that offer multiple benefits. Remember that fraudsters can be smarter to attract investors to invest in the projects they run. And the big problem is that the victims are beginners, because it will be at risk because they will most likely perceive crypto as a fraudulent project that is detrimental to crypto itself. And not infrequently those who are deceived will spread it by word of mouth so that other people will see crypto as a negative thing.


Title: Re: High Profit Projects Are Prone To Scam
Post by: |MINER| on December 20, 2022, 08:42:37 PM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.
Any projects promising a too good to be true profit is likely a scam. That's why we often advise the investors specially the newbies to always DYOR before investing your hard-earned money. If the profit is not realistic don't invest because no one will give you huge return specially in a short period of time. Thus don't get fooled, if you're aware of this kind of tactic of scammers then you won't be end up as one of unfortunate victim.
All projects promise lucrative profits, but if it's excessive without being supported by what their plans are for the future, it will raise a big question mark. Yes, we have to be more realistic when looking at projects that offer multiple benefits. Remember that fraudsters can be smarter to attract investors to invest in the projects they run. And the big problem is that the victims are beginners, because it will be at risk because they will most likely perceive crypto as a fraudulent project that is detrimental to crypto itself. And not infrequently those who are deceived will spread it by word of mouth so that other people will see crypto as a negative thing.
There will be always a question mark when a project gives you a high profit, specially in this  world I have seen a lots of project those who lure people to invest in their project by showing attractive APY, but later it turns out that the project is a scam. I think nothing in this world is free so I think why a project will give you 1000% apy without any work ? So It will be always suggestion to not get trap of high APY.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Jody.Drummer on December 20, 2022, 09:32:59 PM
All projects promise lucrative profits, but if it's excessive without being supported by what their plans are for the future, it will raise a big question mark. Yes, we have to be more realistic when looking at projects that offer multiple benefits. Remember that fraudsters can be smarter to attract investors to invest in the projects they run. And the big problem is that the victims are beginners, because it will be at risk because they will most likely perceive crypto as a fraudulent project that is detrimental to crypto itself. And not infrequently those who are deceived will spread it by word of mouth so that other people will see crypto as a negative thing.
There will be always a question mark when a project gives you a high profit, specially in this  world I have seen a lots of project those who lure people to invest in their project by showing attractive APY, but later it turns out that the project is a scam. I think nothing in this world is free so I think why a project will give you 1000% apy without any work ? So It will be always suggestion to not get trap of high APY.
The problem is that there are a lot of people who are too naive to filter this out because they always see that this is a real advantage. It becomes false because it doesn't make sense when one project promises huge profits in APY, even though we already know that something like this is likely. is a scam.
Indeed DYOR is very important but of course we also have to be a bit realistic because they also want profit and we are not the only ones who want something like that so it's enough to be naive and start dreaming of something that is not very realistic.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Natalim on December 20, 2022, 09:56:08 PM
As an investor, we also know how to assess whether the project can really be trusted or if they are capable enough to keep their promise.
Many people have fallen into scam projects because lack of research and less experience, but I see it was not the reason. Many are getting blind when seeing huge rewards and taking the bait from these scammers.

If we aim for earning a profit, we better stay away from new projects but instead, go buy Bitcoin and potential altcoins then we are safe.


Title: Re: High Profit Projects Are Prone To Scam
Post by: lalabotax on December 20, 2022, 10:34:11 PM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.

I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project.
This really often happens. Many investors are trapped with the high bonus of pre-sale with under price. However, many kinds of those projects are as you said. Moreover, even if they are listing their tokens, they are living in a small exchange or even in a non-trusted and reputable exchange. Additionally, some of the projects always postpone the time for listing and end to be never listed in any exchange. The developers then run away and leave the investors. This always happens but there are still many people who become the victims. Commonly, projects that promise big things too good to be true will always end as scams.


Title: Re: High Profit Projects Are Prone To Scam
Post by: harizen on December 20, 2022, 11:41:41 PM

Every project that promises a huge profit in return should be automatically blacklisted to you.

What should they show to attract some possible investors are those key fundamentals of that coin and why should we trust their projects.

For me, I always ignored new projects where what they talked about is the possible huge return in the future.


Title: Re: High Profit Projects Are Prone To Scam
Post by: landheer on December 21, 2022, 12:50:24 AM
every project there is a right and some are not. it depends on us who should be able to choose. but in the most important investment do not be greedy.
this is a simple example: we have a lot to learn from ants, try to pay attention when ants walk even though slowly, but the end will surely arrive. so is investing in crypto. you still have to look for the safest crypto and don't be greedy, the point is, even though the profit is small, keep it up, don't be tempted by bigger profits.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Silberman on December 21, 2022, 09:05:59 PM

Every project that promises a huge profit in return should be automatically blacklisted to you.

What should they show to attract some possible investors are those key fundamentals of that coin and why should we trust their projects.

For me, I always ignored new projects where what they talked about is the possible huge return in the future.
Correct, no project should be able to guarantee to you that you will obtain profits by investing with them, and if they do then you will know there is something suspicious about that project, now you could take your time to try to find how exactly they are trying to scam you but this is a waste of time, it is better to simply move on and look for other projects which may have some honest developers behind them, but lamentably this is very rare these days.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Psynthax on December 21, 2022, 10:42:11 PM
every project there is a right and some are not. it depends on us who should be able to choose. but in the most important investment do not be greedy.
this is a simple example: we have a lot to learn from ants, try to pay attention when ants walk even though slowly, but the end will surely arrive. so is investing in crypto. you still have to look for the safest crypto and don't be greedy, the point is, even though the profit is small, keep it up, don't be tempted by bigger profits.
the thing with investments is that even if you wanna invest slowly but sure there's always chance that eventually you gonna make a wrong decision and that causes loses in your investments, you could never be sure which coin that you invested gonna gives you profits, after all, from the paper these projects seems all outstanding but the execution usually is different and most of the time they failed in delivering their promises.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Wakate on December 21, 2022, 11:10:58 PM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.

I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?




It is not just only high profit projects but also new projects that has no recognized dev or team. There are plenty projects in the cryptocurrency market that are prone to scam which is one of the major reason why we should always do research before jumping on any project no matter what weight have heard about it. Many of the cryptocurrency projects we have now are mainly hype which is the centre of attraction for investors to keep investing in such a project. When the hype is gone or finished the project might end up becoming rug pull or losing momentum.


Title: Re: High Profit Projects Are Prone To Scam
Post by: MFahad on December 22, 2022, 05:38:15 PM
I don't think so, with interests being reduced next year and a down trend from inflation, falling treasury yields , I believe risky assets will be more attractive to investors and money will be move from banks back to the stock market and crypto


Title: Re: High Profit Projects Are Prone To Scam
Post by: sulendra12 on December 22, 2022, 06:21:25 PM
1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.
It is always nice to ask other opinions about your question if you are a new trader especially when it comes to research so you have good grasp about how you do the research by yourself later on.

2. Invest what you can afford to lose
Correct, but if they offer you insane amount of return with over-promoting something that does not exist yet and then you shouldn't bother to invest in the first place. It wastes of your money and your time.

3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?
True, they are struggle to even gather the sales value. How come they even provide us with such return with the struggle to make sales even worth going? It's a common sense.


Title: Re: High Profit Projects Are Prone To Scam
Post by: serjent05 on December 22, 2022, 11:16:08 PM

Every project that promises a huge profit in return should be automatically blacklisted to you.

What should they show to attract some possible investors are those key fundamentals of that coin and why should we trust their projects.

For me, I always ignored new projects where what they talked about is the possible huge return in the future.

Obviously, if the project's promise is too good to be true then the risk of the project being a scam is huge.  But projects that generate high profit is situational.  I mean not all high-profit project are scams or will turn into scams.  One example is Bitcoin.  Bitcoin is the currency that gives the highest return in the history of cryptocurrency, basing it on the initial price and the all-time high. So is Bitcoin prone to becoming a scam project?


Title: Re: High Profit Projects Are Prone To Scam
Post by: dunfida on December 22, 2022, 11:40:53 PM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.
Most of the time.

Investors should really open up their eyes and shouldn't really be that getting fooled on where these project owners do really promising into.Everything would really be depending on the demand because
this would really determine projects success and potential which is something that we cant able to know ahead. Although its really that hard to make out decisions because of all
the projects thats recently launching then it is really hard to choose which one is good and which one is shit, this is why its recommendable on taking up your
time on verifying and researching up on everything in relation to that.


Title: Re: High Profit Projects Are Prone To Scam
Post by: lobo13hf on December 23, 2022, 11:14:13 PM

Every project that promises a huge profit in return should be automatically blacklisted to you.

What should they show to attract some possible investors are those key fundamentals of that coin and why should we trust their projects.

For me, I always ignored new projects where what they talked about is the possible huge return in the future.
projects like this usually only talking about how much ROI they offered meanwhile their project itself is either mainstream or lack of innovation, the thing with these projects is that they're too focused in gathering funds from the masses and everyone with right mind could see at simple glance that these projects are no good and just trying to steal your money, good projects always talk about their innovation first and how it is revolutionary.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Derrickiell on December 24, 2022, 07:08:43 AM
Many crypto projects have excessive false claims to provide investors with maximum profits, and greedy people are always baited and scammed. Over time scam projects will slowly reveal their true colors, they are just trying to deceive investors.
So learn to analyze crypto projects and don't believe in any promise of high profits.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Hypnosis00 on December 24, 2022, 07:19:09 AM
Many crypto projects have excessive false claims to provide investors with maximum profits, and greedy people are always baited and scammed. Over time scam projects will slowly reveal their true colors, they are just trying to deceive investors.
So learn to analyze crypto projects and don't believe in any promise of high profits.
Well, the truth is that some people had learn from their mistakes but some still accumulating these shitcoins. That is why we could see that still a lot of people get scammed and the number of scam projects is also growing. If we all just know how to assess the project or even just be cautious in investing in projects who promise huge returns (APY), I could say that they will be getting out of their numbers and turning to zero in the future. But I'm not sure how we could change this situation knowing that there are a lot of greedy people that are still looking for instant money and quick-rich.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Silberman on December 24, 2022, 09:42:00 PM
Many crypto projects have excessive false claims to provide investors with maximum profits, and greedy people are always baited and scammed. Over time scam projects will slowly reveal their true colors, they are just trying to deceive investors.
So learn to analyze crypto projects and don't believe in any promise of high profits.
Well, the truth is that some people had learn from their mistakes but some still accumulating these shitcoins. That is why we could see that still a lot of people get scammed and the number of scam projects is also growing. If we all just know how to assess the project or even just be cautious in investing in projects who promise huge returns (APY), I could say that they will be getting out of their numbers and turning to zero in the future. But I'm not sure how we could change this situation knowing that there are a lot of greedy people that are still looking for instant money and quick-rich.
And this is one of the most important reasons why those projects refuse to disappear, anyone that has been in this market for long enough should be able to recognize that all of those projects are scams, however since the possibility still exist of making some money despite this fact many traders decide to ignore this as their greed takes over them and it becomes impossible for them to resist such offer, but once they lose money then they come to the forum to complain about it, as if they knew nothing about the project being a scam.


Title: Re: High Profit Projects Are Prone To Scam
Post by: TimeTeller on December 24, 2022, 09:46:37 PM
Many crypto projects have excessive false claims to provide investors with maximum profits, and greedy people are always baited and scammed. Over time scam projects will slowly reveal their true colors, they are just trying to deceive investors.
So learn to analyze crypto projects and don't believe in any promise of high profits.
Well, the truth is that some people had learn from their mistakes but some still accumulating these shitcoins. That is why we could see that still a lot of people get scammed and the number of scam projects is also growing. If we all just know how to assess the project or even just be cautious in investing in projects who promise huge returns (APY), I could say that they will be getting out of their numbers and turning to zero in the future. But I'm not sure how we could change this situation knowing that there are a lot of greedy people that are still looking for instant money and quick-rich.
And this is one of the most important reasons why those projects refuse to disappear, anyone that has been in this market for long enough should be able to recognize that all of those projects are scams, however since the possibility still exist of making some money despite this fact many traders decide to ignore this as their greed takes over them and it becomes impossible for them to resist such offer, but once they lose money then they come to the forum to complain about it, as if they knew nothing about the project being a scam.

These scam developers can always repeat their scamming process as they can introduce it anonymously.
I remember, a lot of pump and dump masternode coins that were introduced via discord channel.
Discord itself is not a scam, but scammers used this channel to sell their masternode coins.
And most of these MN coins become dead few months after they hit the trading market.
Leaving most of the MN owners not getting even their initial investments.
So yes, people should be aware of these scammers, because they are still here, waiting for their next victim.


Title: Re: High Profit Projects Are Prone To Scam
Post by: isaac_clarke22 on December 24, 2022, 09:55:59 PM
5x during presale was already a red flag. If that was legitimate, that would be a really risky move for the project devs themselves from how invested they were in their project, it would gain a lot of investor but the cost and return of it are not going to be worth it in the end.

Discord itself is not a scam, but scammers used this channel to sell their masternode coins.
I recall mass closing of those Discord servers that I had joined back then when I was still looking for new coins to invest. The nightmare.  :D


Title: Re: High Profit Projects Are Prone To Scam
Post by: nurilham on December 24, 2022, 09:59:30 PM
1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.
Indeed, researching project is a must when we are going to invest or trade in the new projects. However with high scam probabilities, we must be aware that every new project will probably tend to be failed or scam. that is why if we are a trader and going to trade the token, we must know the right phase for buying and selling. If we are too late, it will probably eman that we maybe closed tot he loss.

Howeever for me, I personally rpefer to choose the old coins or top coins to trade ebcause it is much better than the new one. Why? because I am not really good at the researching the new proejct, this will be likley a gambling if invetsing without good analysis and research.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Jatiluhung on December 24, 2022, 10:26:56 PM
thank you for sharing your experience OP with us who are new to the Crypto industry especially in altcoins. I also just realized that some altcoins are even listed on major exchanges. The altcoin offers a large percentage of profits per year if we do staking. and after I observed in more depth. it turns out that most of the altcoins that offer hundreds of percent of profits per year actually the price of the coin itself continues to experience a very deep decline. so that the hundreds of percent profit that we get from staking becomes worthless at all. I was bummed by this. and I hope all beginners can be more careful in staking.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Xal0lex on December 26, 2022, 08:44:00 PM
If we aim for earning a profit, we better stay away from new projects but instead, go buy Bitcoin and potential altcoins then we are safe.

New projects are not a sentence, new projects are opportunities and prospects. You just need to study them in more detail. For some reason I often see calls in the community that it is better to stay away from new projects and buy proven coins. Which ones? For example LUNA and FTT, which were also once tried and trustworthy, but now have become garbage. I agree that new projects scam much more often than established and proven ones. But when it comes to quick and big profits, let's be honest, without investing in new projects you can never get rich with a small deposit.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Desmong on December 26, 2022, 09:33:30 PM

Every project that promises a huge profit in return should be automatically blacklisted to you.

What should they show to attract some possible investors are those key fundamentals of that coin and why should we trust their projects.

For me, I always ignored new projects where what they talked about is the possible huge return in the future.
This is one of the real methods that scammers had been using to steal money from people especially for those that are very greedy and want to make fast money. I had fall victim to something like this before and I lost almost all my Bitcoin. I regretted the day I was born because of my big loses and I learnt a lesson never to go for something like that again.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Terezi on December 27, 2022, 06:01:40 AM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.

I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?




Don't be fooled by the many new high-yield projects on the market. The high profits mentioned by the project party are their fraudulent means to attract more investors, and it is their mode of operation. In-depth research must be done before investing in a project to ensure that the project has good potential and profitability in the future.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Oasisman on December 27, 2022, 07:00:07 AM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.

I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?


This has been discussed so many times. When the return is to good to be true, that's most likely a scam. I mean, who gives free money nowadays? Just put your money in it and expect a thousand folds return? nah, you must be dreamin. You have like 0.1% chance of landing that kind of project, and you're putting 99.9% of risk in putting your money in it.
Why not put your money to Bitcoin? These days seems a perfect time to buy more Btc. In 2024 Bitcoin will most likely going to have a it's new heights.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Adbitco on December 27, 2022, 07:29:22 AM
Why in this industry would a project promised investors such ROI and they boldly and proudly sink their funds in that project, this is why i don't pay attention to altcoin because there is a very high tendency of scamming their investors with the intention of offering a high ROI. Most times i also noticed with such project is that, when the pressure is much they would like locked the telegram group after much questions from the community.
When next try to use the search button as this topic could be handled over time here.


Title: Re: High Profit Projects Are Prone To Scam
Post by: lepbagong on December 28, 2022, 09:10:45 AM
indeed the current situation continues to make many new projects that arise will always end up being fraudulent, because investors have refrained from investing in new projects. resulting in many new projects providing unreasonable incentives for investors with the aim of investors wanting to invest their funds in the new project.

Op is true that many new projects run away and leave investors without responsibility, but what happens the most is that the value of the investment does not match the promises made, investors suffer a lot because the funds invested have actually shrunk or even become worthless.

but there are also new projects that are very wise and willing to be responsible, they return the funds that have been collected to investors because the fundraising is not in accordance with what was targeted. but those who have this kind of behavior are not comparable to those who commit fraud, so they are not heard.

there are indeed many ways to avoid fraud and many have provided information, but it must also be remembered that sometimes they are indeed more shrewd than investors, so it's no wonder that we will always hear of many fraudulent projects.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Silberman on December 28, 2022, 07:04:58 PM
Why in this industry would a project promised investors such ROI and they boldly and proudly sink their funds in that project, this is why i don't pay attention to altcoin because there is a very high tendency of scamming their investors with the intention of offering a high ROI. Most times i also noticed with such project is that, when the pressure is much they would like locked the telegram group after much questions from the community.
When next try to use the search button as this topic could be handled over time here.
For every user like you which immediately ignores any project that promises a high ROI there are 5 or even 10 other investors that instead give such project a lot of attention, scammers know very well that a great deal of the investors that are in this market do not care at all about the project in which they invest, they care about the profits and nothing more, so they know it is easy for them to claim they can give huge profits and that many investors will ignore everything just for that claim.


Title: Re: High Profit Projects Are Prone To Scam
Post by: TimeTeller on December 28, 2022, 09:59:43 PM
Why in this industry would a project promised investors such ROI and they boldly and proudly sink their funds in that project, this is why i don't pay attention to altcoin because there is a very high tendency of scamming their investors with the intention of offering a high ROI. Most times i also noticed with such project is that, when the pressure is much they would like locked the telegram group after much questions from the community.
When next try to use the search button as this topic could be handled over time here.
For every user like you which immediately ignores any project that promises a high ROI there are 5 or even 10 other investors that instead give such project a lot of attention, scammers know very well that a great deal of the investors that are in this market do not care at all about the project in which they invest, they care about the profits and nothing more, so they know it is easy for them to claim they can give huge profits and that many investors will ignore everything just for that claim.

Some are still taking the bait of high profits, without considering the significance of the project itself.
However, they will soon realize that it is just a front of many projects because you need to be realistic with things.
How can you get high profits? Where will the dev team get their funds to supply or sustain their investors?
This is why most are becoming a pump and dump projects, and so they will eventually be abandoned by their owners.
Or else, the project will turn to be a ponzi scheme, capitalizing from new users who will buy the project.


Title: Re: High Profit Projects Are Prone To Scam
Post by: GreatArkansas on December 29, 2022, 01:22:26 AM
1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.
(....)
If you are a trader on a centralized exchange. I rather trade high trading volume pairs, most of which are high market cap altcoins. Even if you don't do any fundamental research anymore if you are more into technical analysis when you do trading. Only downside of being a trader is the centralized exchange they are using when trading, they may get rekt once there will be problem on the exchange like withdrawal being halted or bankruptcy.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Marcellin9 on December 29, 2022, 03:09:24 AM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.

I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?


This has been discussed so many times. When the return is to good to be true, that's most likely a scam. I mean, who gives free money nowadays? Just put your money in it and expect a thousand folds return? nah, you must be dreamin. You have like 0.1% chance of landing that kind of project, and you're putting 99.9% of risk in putting your money in it.
Why not put your money to Bitcoin? These days seems a perfect time to buy more Btc. In 2024 Bitcoin will most likely going to have a it's new heights.

I guess most people knew before investment that the project would be a scam. They either believed that the money was something they could afford to lose or held a pipe dream that the 5 times returns might happen because they are the lucky ones. It's not hard to judge a scam project and most of us are able to tell whenever we see one. The difficult part is that many people choose to believe that 0.1% chance of winning. What is the difference between this and gambling ?


Title: Re: High Profit Projects Are Prone To Scam
Post by: Marcorey on December 29, 2022, 03:13:20 AM
There are many scam projects in the crypto market. In order to make profits and attract investors, many new projects will deliberately exaggerate and say that they will provide investors with the greatest profits. But over time many projects will turn into Ponzi schemes, will cryptographically prove that what they say is false, and always end up disappearing from the market as fraudulent.


Title: Re: High Profit Projects Are Prone To Scam
Post by: lienfaye on December 29, 2022, 03:46:16 AM
There are many scam projects in the crypto market. In order to make profits and attract investors, many new projects will deliberately exaggerate and say that they will provide investors with the greatest profits. But over time many projects will turn into Ponzi schemes, will cryptographically prove that what they say is false, and always end up disappearing from the market as fraudulent.
That's right. This strategy to attract the investors are not new actually and those who will likely fall in this trap probably didn't conduct their own research before investing their hard-earned money.

But I think most of us also experienced to invest in projects with too good to be true offer and it's because of our greed when we're still newbies. The good thing is, we learned from that experience and aware now that these projects are not worth to invest in.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Victorik on December 29, 2022, 05:35:03 AM
Yeah, you are very correct. The fact is these dev know that some investors are very greedy and would easily be prey by a high yield project, so they use that as a strategy to draw their attention and make them invest their money.
What they investor fail to ask is how is the dev goin to get all these monies they are promising, are they going to bring it out from their pockets or what?
 Personally, I run away from project promising unrealistic ROI.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Sebas.tian on December 29, 2022, 06:10:04 AM
Quote from: Sunrise360
1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.

Personal research is very important to new traders in the community, because it will help them to understand so many things that will make them to escape scam projects. Many traders has learned their lesson from those that failed to Carry out their research before investing their money on a particular projects that lead them to losses at the end of the scam projects. I don't think, potential traders will lack personal research in this season, because they know how to identify scam projects in the community and how to invest in a genuine projects through research. 


Title: Re: High Profit Projects Are Prone To Scam
Post by: d3nz on December 29, 2022, 08:21:41 AM
There are many scam projects in the crypto market. In order to make profits and attract investors, many new projects will deliberately exaggerate and say that they will provide investors with the greatest profits. But over time many projects will turn into Ponzi schemes, will cryptographically prove that what they say is false, and always end up disappearing from the market as fraudulent.
That's right. This strategy to attract the investors are not new actually and those who will likely fall in this trap probably didn't conduct their own research before investing their hard-earned money.

But I think most of us also experienced to invest in projects with too good to be true offer and it's because of our greed when we're still newbies. The good thing is, we learned from that experience and aware now that these projects are not worth to invest in.

This is an old tactic for investors to take the bait and invest more and advertise that they can high while re-investing their funds. I think that there is still a project that still using this kind of tactic but we all know that people will just go with the flow and invest even though it is very risky.


Title: Re: High Profit Projects Are Prone To Scam
Post by: iv4n on December 29, 2022, 02:49:09 PM
Yeah, you are very correct. The fact is these dev know that some investors are very greedy and would easily be prey by a high yield project, so they use that as a strategy to draw their attention and make them invest their money.
What they investor fail to ask is how is the dev goin to get all these monies they are promising, are they going to bring it out from their pockets or what?
 Personally, I run away from project promising unrealistic ROI.

That's why it's important to do your own research, if someone checks how big the returns are and to which addresses they all go, you will see something suspicious. In most cases, there are just a few addresses that make all the hype...

High-profit projects can't be a project that just starts with operations, promises of high profit is used by scammers to attract people. More promises mean that project is a scam most likely. There are no guarantees, and when someone guarantees a profit just runs away.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Silberman on December 31, 2022, 06:44:42 PM
Quote from: Sunrise360
1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.

Personal research is very important to new traders in the community, because it will help them to understand so many things that will make them to escape scam projects. Many traders has learned their lesson from those that failed to Carry out their research before investing their money on a particular projects that lead them to losses at the end of the scam projects. I don't think, potential traders will lack personal research in this season, because they know how to identify scam projects in the community and how to invest in a genuine projects through research. 
Investors need to also develop some basic common sense, if some people want to try to find a gem on the altcoin market then that is their right but they need to develop a way to use as little time as possible in determining if a project is a scam, so as to not waste their time and energy in a project only to eventually determine that it was a scam anyway, and one way to do this is by the ROI the developers promise to their investors, as it is impossible for any developer to be completely sure their project will become successful and it will offer any profits.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Lantind on December 31, 2022, 07:54:22 PM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.

I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?
Many people ask to consider some of the things you mentioned, but scammers from a project generally occur in the middle of the presale or even at the end of the presale. The worst thing is when the project has made it through the presale period, with the target of raising funds having been reached, but they don't listing the coin on the exchange, and in the end they bring investors' money.


Title: Re: High Profit Projects Are Prone To Scam
Post by: abel1337 on December 31, 2022, 08:27:57 PM
A project that is promising a return of investment is a major red flag. First of all you are an investors, There are certain risk in investing and it is the duty of an investor to know that. No project will say a bs that your investment will prosper with them. Too good to be true projects or investment are bad sign. You should research more or most likely avoid those project because those bonuses and massive returns are one sign of a project that has the characteristic of not being sustainable. If it's too good to be true, Just avoid it and never look back. I learned it before the hard way, Investing is not a form of easy money.


Title: Re: High Profit Projects Are Prone To Scam
Post by: BitcoinPanther on December 31, 2022, 10:58:20 PM
A project that is promising a return of investment is a major red flag. First of all you are an investors, There are certain risk in investing and it is the duty of an investor to know that. No project will say a bs that your investment will prosper with them. Too good to be true projects or investment are bad sign. You should research more or most likely avoid those project because those bonuses and massive returns are one sign of a project that has the characteristic of not being sustainable. If it's too good to be true, Just avoid it and never look back. I learned it before the hard way, Investing is not a form of easy money.

I highly agree, anything that offers a huge percent interest  can be labeled a Ponzi Scheme and is a candidate to scam.  We can support this statement by looking at the NFT projects and NFT games that offers huge APR and APY per year and end up dead making their investor lose huge amount of money.  Also, you can watch the video of Coffeezilla (https://www.youtube.com/@Coffeezilla) in exposing scam projects and be able to point out major red flag to consider a project a possible scam.



Title: Re: High Profit Projects Are Prone To Scam
Post by: bangjoe on January 01, 2023, 06:57:35 AM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.

I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?





It's true that irrational profits have the potential for fraud, I used to take part in a mining project on the web with a return of 30% per week, for the first week I got what the developer promised, and after that time I added value to increase income but at the end of the 2 weeks I can't withdraw, and at the last announcement it turned out that it was a fraudulent project used by scammers to make a profit.
things like this really have to be reminded of beginners who are easily attracted to fast and big income without reading first.


Title: Re: High Profit Projects Are Prone To Scam
Post by: hd49728 on January 01, 2023, 08:30:48 AM
Since 2009 to 2022, 13 years Bitcoin is a highest profit in crypto market and it has never scammed anyone.
Don't chase for altcoins with promises for high profit, Bitcoin is for everyone. In 2022 the market has FTT from FTX, LUNA and UST from Terra are two big failed and scam projects.

Bitcoin isn't scam. Altcoins are scam mostly. Your choice should be very easy.


Title: Re: High Profit Projects Are Prone To Scam
Post by: zasad@ on January 01, 2023, 08:49:31 AM
Since 2009 to 2022, 13 years Bitcoin is a highest profit in crypto market and it has never scammed anyone.
Don't chase for altcoins with promises for high profit, Bitcoin is for everyone. In 2022 the market has FTT from FTX, LUNA and UST from Terra are two big failed and scam projects.

Bitcoin isn't scam. Altcoins are scam mostly. Your choice should be very easy.
Don't you think that bitcoin will soon become unnecessary for global financial institutions? After all, thanks to them, bitcoin is traded on many global crypto exchanges. After all, they can sell their bitcoins and then ban trading them on all centralized exchanges and ban banks from working with bitcoin. There are many excuses for a ban. Any project will die anyway, the main thing is to sell your investments on time.


Title: Re: High Profit Projects Are Prone To Scam
Post by: savetheFORUM on January 01, 2023, 12:56:45 PM
Since 2009 to 2022, 13 years Bitcoin is a highest profit in crypto market and it has never scammed anyone.
Don't chase for altcoins with promises for high profit, Bitcoin is for everyone. In 2022 the market has FTT from FTX, LUNA and UST from Terra are two big failed and scam projects.

Bitcoin isn't scam. Altcoins are scam mostly. Your choice should be very easy.
Don't you think that bitcoin will soon become unnecessary for global financial institutions? After all, thanks to them, bitcoin is traded on many global crypto exchanges. After all, they can sell their bitcoins and then ban trading them on all centralized exchanges and ban banks from working with bitcoin. There are many excuses for a ban. Any project will die anyway, the main thing is to sell your investments on time.
I think he didn't say that. In fact, he only praise BTC there. If there's one that can become unnecessary then that will only be the scam altcoins or those who are weak altcoins as they can still die later on even if they are legit. BTC is the future of money I think it's because it's digital and most things now are shifting online. This is why I believe that BTC can soon become a global currency once those who are not involved in BTC finally adopts it.

Even if BTC can't die it's still needed to sell it on time so that our efforts of hodling our BTC for a long time can be worth it. Let's forget about being greedy because we can always profit again as long as we buy back at the dip.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Ngemmeng on January 01, 2023, 01:00:46 PM
if the team or admin is no longer active in the telegram group and does not respond to investor complaints, you can be sure that the project is a scam. supposedly if there are any problems the team should be able to provide understanding to all investors or the funds that have been collected during the presale are returned to investors. next time if you want to participate in presale also consider other issues such as partners or the team behind the project, don't just be tempted by big bonuses.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Ziskinberg on January 01, 2023, 02:54:54 PM
if the team or admin is no longer active in the telegram group and does not respond to investor complaints, you can be sure that the project is a scam. supposedly if there are any problems the team should be able to provide understanding to all investors or the funds that have been collected during the presale are returned to investors. next time if you want to participate in presale also consider other issues such as partners or the team behind the project, don't just be tempted by big bonuses.
It was not only they reject to reply to complaints or were not active on the telegram group but projects that offered high rewards during the pre-sale period mostly likely ended up as scams. Only we can assure to have rewards if that project has a working product and it is already established well but for a new project, it was really uncertain for them to give what they have promised to investors.
Many had fall into such tricks, greedy people and mostly newbies got scammed because of money, and this how scammers do taking advantage of them.


Title: Re: High Profit Projects Are Prone To Scam
Post by: mvdheuvel1983 on January 02, 2023, 01:40:35 AM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.

I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?
The best way to keep your mind at ease is to avoid these projects that promises a ROI above 50%
It is totally ridiculous and utterly crazy.
Well, if you do decide to take the risk and join the project never invest what you cannot afford to lose.


Title: Re: High Profit Projects Are Prone To Scam
Post by: My ThuiHa on January 02, 2023, 08:25:22 AM

Investing itself is risky. High-profit projects are definitely riskier than ordinary projects.High-profit projects depend on the strength of the publicity and the background of the propagandist. Although it is said that some high-profit projects are scammers, it cannot be ruled out that there are indeed some successful memecoins. The project team must have a clear understanding of market conditions.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Drnice on January 02, 2023, 09:26:52 AM
This is always a thing we all advise ourselves or new traders to lookout for, but one thing funny is that a team that will be scam or that will not stand by their word which at the beginning was fair, friendly and attractive at site, having achieved it's aim, ends up abandoning the project and moves with the money.
The team working on the project can't be tagged as scammers or geniue and that is why investors have this issue when it comes to investment. Making your research, you'll definitely get everything that will make a project look very good, but the heart intent of the team can't be exposed or seen on the forefront.


1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.

I do prefer this as my major fact for investment. Cause new projects now are mostly on a 50/50 take. Whence it goes right, there'll be a lot of smiles, but when it goes wrong, I dust myself and move on.
Quote
2. Invest what you can afford to lose
High profit projects are of more risk than any other projects, though some end up successfully, while those that are scam uses  convincing words of deception for defraud.


Title: Re: High Profit Projects Are Prone To Scam
Post by: stadus on January 02, 2023, 10:44:33 AM
This is always a thing we all advise ourselves or new traders to lookout for, but one thing funny is that a team that will be scam or that will not stand by their word which at the beginning was fair, friendly and attractive at site, having achieved it's aim, ends up abandoning the project and moves with the money.
The team working on the project can't be tagged as scammers or geniue and that is why investors have this issue when it comes to investment. Making your research, you'll definitely get everything that will make a project look very good, but the heart intent of the team can't be exposed or seen on the forefront.

Perhaps, they are clever enough to hide their real identity in order for them to make other projects and scam more. They did their best so nobody could notice that they will scam us but sometimes, they will fail to protect it because we already learn from the past scam experience and we are now careful, especially for a new project that promises high-profit returns. I'd see that everyone is now doing their job which makes these scammers hard work and mostly fail in their evil plans.


Title: Re: High Profit Projects Are Prone To Scam
Post by: darewaller on January 02, 2023, 06:50:51 PM
This is always a thing we all advise ourselves or new traders to lookout for, but one thing funny is that a team that will be scam or that will not stand by their word which at the beginning was fair, friendly and attractive at site, having achieved it's aim, ends up abandoning the project and moves with the money.
The team working on the project can't be tagged as scammers or geniue and that is why investors have this issue when it comes to investment. Making your research, you'll definitely get everything that will make a project look very good, but the heart intent of the team can't be exposed or seen on the forefront.
Perhaps, they are clever enough to hide their real identity in order for them to make other projects and scam more. They did their best so nobody could notice that they will scam us but sometimes, they will fail to protect it because we already learn from the past scam experience and we are now careful, especially for a new project that promises high-profit returns. I'd see that everyone is now doing their job which makes these scammers hard work and mostly fail in their evil plans.
If there is a good launchpad that you use and if you could get the KYC and even the security of it down then there is no problems. Like for example I use pinksale, they have safu badge, kyc badge, and a few others, which means if a project has all of them at the same time then they are doing great and there is no problem at all.

I obviously do not think that it will be done in any other way if you want to invest, it has to have all badges so I could trust it. If they do, then that means in order to get those badges they had to provide so many proof and even give control so much that they can't technically steal money from anyone and will use it for correct purposes.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Xal0lex on January 02, 2023, 07:21:41 PM
if the team or admin is no longer active in the telegram group and does not respond to investor complaints, you can be sure that the project is a scam. supposedly if there are any problems the team should be able to provide understanding to all investors or the funds that have been collected during the presale are returned to investors. next time if you want to participate in presale also consider other issues such as partners or the team behind the project, don't just be tempted by big bonuses.

This is the final stage of scam, when social networks are restricted, users are frequently banned for asking inconvenient questions, or social networks are removed altogether. The fact that the project is fraudulent should not be clear by whether the admin is active in Telegram or not. The topic was originally about projects with high interest and this is the first trigger that should help protect your money, activity in social networks should concern you in the tenth priority.


Title: Re: High Profit Projects Are Prone To Scam
Post by: gabbie2010 on January 02, 2023, 07:40:11 PM
There are many scam projects in the crypto market. In order to make profits and attract investors, many new projects will deliberately exaggerate and say that they will provide investors with the greatest profits. But over time many projects will turn into Ponzi schemes, will cryptographically prove that what they say is false, and always end up disappearing from the market as fraudulent.
I think juicy and bumper offer promised by those scam projects usually entice newbies, unfortunately those newcomers are usually very greedy and carried away by 10X profits thus swiftly invested their hard earned money into those fraudulent projects which later turned scam, infact there some of investors despite the overwhelming evidence that some those projects look suspicious unfortunately still went ahead to invest in them and due to lack of crypto market not regulated many of those projects are having a field day.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Cantsay on January 02, 2023, 07:48:46 PM
if the team or admin is no longer active in the telegram group and does not respond to investor complaints, you can be sure that the project is a scam. supposedly if there are any problems the team should be able to provide understanding to all investors or the funds that have been collected during the presale are returned to investors. next time if you want to participate in presale also consider other issues such as partners or the team behind the project, don't just be tempted by big bonuses.

They only become inactive in their telegram group, channel or any of their social media account when they have successfully completed their scamming scheme. 
When the project is still in it's juvenile state they are overly active so as to be able to get the attention of potential investors and also to give those that have invested in the project some false hope to prevent them from spreading FUD about the project and with all of these they will manage to buy their self more time to execute whatever it is that they have to do to successfully scam investors.


Title: Re: High Profit Projects Are Prone To Scam
Post by: dwminer1 on January 17, 2023, 04:31:24 PM
I have a rule that if a project guarantees or simply encourages with the promise of xxx% profits, I stay away. This approach is a big red flag for me. Of course, there are projects or hidden gems that can bring such profit, but they usually do not announce it in advance to all and sundry. Remember that if something looks too good, it is usually a scam.


Title: Re: High Profit Projects Are Prone To Scam
Post by: klidex on January 18, 2023, 05:52:03 PM
if the team or admin is no longer active in the telegram group and does not respond to investor complaints, you can be sure that the project is a scam. supposedly if there are any problems the team should be able to provide understanding to all investors or the funds that have been collected during the presale are returned to investors. next time if you want to participate in presale also consider other issues such as partners or the team behind the project, don't just be tempted by big bonuses.

They only become inactive in their telegram group, channel or any of their social media account when they have successfully completed their scamming scheme. 
When the project is still in it's juvenile state they are overly active so as to be able to get the attention of potential investors and also to give those that have invested in the project some false hope to prevent them from spreading FUD about the project and with all of these they will manage to buy their self more time to execute whatever it is that they have to do to successfully scam investors.

It has become a habit for new projects when investors have entered and are successful in developing they will be more relaxed in carrying out a promotion and development because their targets have been met, but projects like that will not be good for the long term and in the future will only provide destruction for investors incoming.
The best and most appropriate advice is not to be interested and invest in new projects because it will only give you worry and panic if at any time the project is in trouble.
It is better for us to invest in a project that has a clear and well-proven future development.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Psynthax on January 18, 2023, 11:01:51 PM
high profit is like marketing, they are promising such thing just to make you interested nothing more but usually the outcome will be entirely different, therefore if a project offering such tremendous return that it doesn't make sense certainly the first thing you should think is maybe the project is just scam, only if it's coming from reputed platform then you should trust. I'd say so far there's no project that has gained massive returns that initially offered fixed or some kind of percentage of returns to their targeted customers, instead it's always the fact that the project itself always delivers that makes the coin rise in value.


Title: Re: High Profit Projects Are Prone To Scam
Post by: abel1337 on January 18, 2023, 11:38:35 PM
high profit is like marketing, they are promising such thing just to make you interested nothing more but usually the outcome will be entirely different, therefore if a project offering such tremendous return that it doesn't make sense certainly the first thing you should think is maybe the project is just scam, only if it's coming from reputed platform then you should trust. I'd say so far there's no project that has gained massive returns that initially offered fixed or some kind of percentage of returns to their targeted customers, instead it's always the fact that the project itself always delivers that makes the coin rise in value.
Basically too good to be true projects are scam after all. Imagine what kind of business model they have if they are giving away so much that we can't tell if the project is getting funds from the investors. Projects who are offering fixed profits are bs. Almost all in crypto are volatile and we can never know where it will go in the future so yeah it is most likely to deceive you if a project tells you that. The one who are being a victims of this projects are the one who wants easy money or those who don't have financial literacy to deal with this kind of project. Project who offers a too good to be true project offers are one major red flag of a project right now.


Title: Re: High Profit Projects Are Prone To Scam
Post by: uneng on January 19, 2023, 04:52:12 AM
high profit is like marketing, they are promising such thing just to make you interested nothing more but usually the outcome will be entirely different, therefore if a project offering such tremendous return that it doesn't make sense certainly the first thing you should think is maybe the project is just scam, only if it's coming from reputed platform then you should trust. I'd say so far there's no project that has gained massive returns that initially offered fixed or some kind of percentage of returns to their targeted customers, instead it's always the fact that the project itself always delivers that makes the coin rise in value.
When projects promise too high rewards there are only two possible outcomes: scam or priceless tokens which you won't be able to sell even for 1 satoshi each. Developers doing this are only looking for greedy investors, as they know high rewards will attract them. It's the same method used by scammers who run hyips. Unfortunatelly that is not the kind of thing which is going to disappear from the crypto industry or from the internet, because there are many people looking for such investments yet, and since crypto is an anonymous and decentralized environment, it's also a fertile field for such schemes to take place.


Title: Re: High Profit Projects Are Prone To Scam
Post by: samcoin on January 19, 2023, 05:54:34 AM
The opportunity to catch high ROI projects without getting scammed is always available. We have seen a lot of scams in 2021 and 2022, but that doesn't deny that some reliable projects managed to survive and gain users' confidence. Actually, most of the top 20 joined the market with much lower values than its current values. To name some: BNB, Matic, AVAX, DOT...
The existence of scam projects doesn't prevent from finding some valuable opportunities over there, specially as we are in a bear market now. However, the fundamental analysis is highly recommended, and I think it's available for everyone.


Title: Re: High Profit Projects Are Prone To Scam
Post by: beerlover on January 21, 2023, 05:34:52 PM
When projects promise too high rewards there are only two possible outcomes: scam or priceless tokens which you won't be able to sell even for 1 satoshi each. Developers doing this are only looking for greedy investors, as they know high rewards will attract them. It's the same method used by scammers who run hyips. Unfortunatelly that is not the kind of thing which is going to disappear from the crypto industry or from the internet, because there are many people looking for such investments yet, and since crypto is an anonymous and decentralized environment, it's also a fertile field for such schemes to take place.
Developers are looking to make money for themselves first, and not to make their projects a success, that's the issue and I think it will continue to be like this for a long time considering how unbelievably difficult it is to continue down that path. I know that it is not going to be too simple to go on, we are talking about something like a wave here where scammers keep creating new projects to make money from newbie investors by promising a lot.

But, eventually something will be figured out to prevent this, like pinksale requires badges, similar to that, and people will want to see how legit a project is from that thing and invest accordingly which would make scamming harder.


Title: Re: High Profit Projects Are Prone To Scam
Post by: BobK71 on January 21, 2023, 06:17:46 PM
In 2021 there are numerous allegations of extorting money from investors with some scam projects. Some projects were attracting them with such lure that if they didn't invest there, it was like missing out on a bigger opportunity. But after investing, their false imagination throws them into the sea of disappointment. Here none of the things that an investor should have considered before investing. This situation was mainly due to greed. It's certainly true that projects that compensate for excess returns and at some point remove everything. Some projects, though promising to do something good, have lapsed due to the hostile market environment. Most of the problems arise in new projects. As the probability of profit is high, the probability of loss is even higher.


Title: Re: High Profit Projects Are Prone To Scam
Post by: TheUltraElite on January 26, 2023, 10:05:52 AM
In 2021 there are numerous allegations of extorting money from investors with some scam projects. Some projects were attracting them with such lure that if they didn't invest there, it was like missing out on a bigger opportunity. But after investing, their false imagination throws them into the sea of disappointment.
The only crypto to keep track of is bitcoin. I understand that people wanted to take risks and learnt their lesson in due course too. But this should teach the newbies that going in to altcoins is not the same as going in to small cap stocks in the stock market. Here the only worthy coin is bitcoin and rest all are for short term max.

Quote
Here none of the things that an investor should have considered before investing. This situation was mainly due to greed. It's certainly true that projects that compensate for excess returns and at some point remove everything. Some projects, though promising to do something good, have lapsed due to the hostile market environment. Most of the problems arise in new projects. As the probability of profit is high, the probability of loss is even higher.
Greed is one factor another is the lack of having a whole number coin. 0.01 BTC seems like a small amount to someone who does not know the cost of 1BTC, but 10,000 Shitcoin sound like a big number even though the shitcoin is worth dust.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Cling18 on January 26, 2023, 05:13:19 PM
Developers will always find ways to make their project legit and reliable simply by making high-profit promises which are too good to be true. Investors who fall for their trap are the people that they will be milking to make money. Scam projects can easily attrack investord who want huge profit in just a short period. Despite hearing good promises of profit, we should still do our own research and analyze everything to know if a project is legit.


Title: Re: High Profit Projects Are Prone To Scam
Post by: cryptomaniac_xxx on January 26, 2023, 09:17:01 PM
Developers will always find ways to make their project legit and reliable simply by making high-profit promises which are too good to be true. Investors who fall for their trap are the people that they will be milking to make money. Scam projects can easily attrack investord who want huge profit in just a short period. Despite hearing good promises of profit, we should still do our own research and analyze everything to know if a project is legit.

Yeah, that is the first sign, if it's too good to be true promise, like high yield or saying X amount of returns, then most likely they will pull a exit scam. We have seen this kind of bitch move from projects in the past and I doubt that it will change in the future.

Even the so called huge exchanges as well, just look at FTX, it collapses, losing billions of investors money.

So very hard for us investors who to trust at this point, just saying.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Captain Corporate on January 26, 2023, 09:20:20 PM
I got involved with one of these a few years back during the rush of bull run was still at its peak and DeFi was so profitable that you could invest into anything that was defi, you would have made some profit. What ended up as a bad investment because they turned out to be a scam, turned into people working towards making it back to come alive again, the owner was out anyway, so it was truly decentralized considering the scammer owner could have done nothing but maybe close the website but they couldn't made a single cent profit from it. Hence it became profitable again after 6 months of waiting, well to be fair I didn't wait, I forgot about it and when I checked it again months later, I learned about this story.


Title: Re: High Profit Projects Are Prone To Scam
Post by: beerlover on January 26, 2023, 09:25:41 PM
Greed is one factor another is the lack of having a whole number coin. 0.01 BTC seems like a small amount to someone who does not know the cost of 1BTC, but 10,000 Shitcoin sound like a big number even though the shitcoin is worth dust.
The idea that they could end up buying 10k of a token that doesn't worth much when they snub 0.01 bitcoin is the biggest reason. I have seen so many people who bought millions of shiba, and they said it was "millions of it" and if it is even 1 cent then they would be all rich. We all know that couldn't happen, and we all know the marketcap it would require to get it there, and yet they still couldn't understand that.

Not to understand something so so simple, like elementary school level of mathematics, is the reason why we make money because those people lose their money to us, people who know math. I am glad about it because if they didn't, where would we make money from.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Hypnosis00 on January 26, 2023, 09:31:45 PM
I got involved with one of these a few years back during the rush of bull run was still at its peak and DeFi was so profitable that you could invest into anything that was defi, you would have made some profit. What ended up as a bad investment because they turned out to be a scam, turned into people working towards making it back to come alive again, the owner was out anyway, so it was truly decentralized considering the scammer owner could have done nothing but maybe close the website but they couldn't made a single cent profit from it. Hence it became profitable again after 6 months of waiting, well to be fair I didn't wait, I forgot about it and when I checked it again months later, I learned about this story.
This is the truth - some people earn a huge profit but some of them had also too unlucky and lose their money. But I see this happen when investing coins during the hype, most of the time before we rejected the possible decline, we are always thinking that it keeps going higher but suddenly, drops come and never rise back again. A lot of people has been a victim of this during the ICO, IEO, and Defi times but the good thing is that we are started to learn this time and have been cautious with these new projects.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Little_Sister on January 26, 2023, 10:15:30 PM
This is the truth - some people earn a huge profit but some of them had also too unlucky and lose their money. But I see this happen when investing coins during the hype, most of the time before we rejected the possible decline, we are always thinking that it keeps going higher but suddenly, drops come and never rise back again. A lot of people has been a victim of this during the ICO, IEO, and Defi times but the good thing is that we are started to learn this time and have been cautious with these new projects.
Many victims of losses from ICO, IEO and Defi effects previously were attracted to short investments for high profits, but ended up losing because investments in new projects without guarantees could last until the current market, all altcoins are temporary and disappear. So when the next market trend is, we invest carefully even though the lure of big profits, it's better to choose top altcoin investments.


Title: Re: High Profit Projects Are Prone To Scam
Post by: evichi on January 27, 2023, 04:58:33 AM
Yes, it is indeed what intending and even experienced crypto investors have to be aware of. The moment a project promises a-too-good-to-be-true profit or yield, then we have to raise eye-brows and suspect, more especially when the team members are new/have no tract records of previous successful projects. It is unfortunate that scammers are making use of the crypto space to defraud people of their hard earned money. It is also noteworthy the the project team refused to list by continuously postponing the listing date because they know scam tokens can hardly be listed since the exchanges will very likely expose them. In all instances, it is important to always carry out detailed research before investing and only invest what you can afford to loose.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Nuraiuii on January 29, 2023, 07:26:36 AM
Many new projects will promise to provide investors with maximum profits for more publicity and maximum profits. But over time, scams that expose them and even projects disappear. There are many cryptocurrency projects that are already scams. Don't be too greedy in the encryption industry to reduce the occurrence of more losses.


Title: Re: High Profit Projects Are Prone To Scam
Post by: laylagur on January 29, 2023, 07:53:32 AM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.

I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?




In fact, I don't sympathize with people who are cheated. Pizza doesn't fall from the sky. Greedy people will eventually be killed by themselves. With such a high return, I believe no one will sue you for this opportunity. This is human nature.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Jatiluhung on January 29, 2023, 08:36:16 AM
Many new projects will promise to provide investors with maximum profits for more publicity and maximum profits. But over time, scams that expose them and even projects disappear. There are many cryptocurrency projects that are already scams. Don't be too greedy in the encryption industry to reduce the occurrence of more losses.


Projects that promise unreasonable profits really need to be watched out for. because the original project will not promise big profits in a short time. But a good altcoin project always shows positive project progress and always ensures the project continues according to the roadmap. those who are targeted by scam projects are those who are new to the crypto industry. and unfortunately indeed many beginners are deceived by projects like that. This is where we need to do a careful analysis. and we must prioritize sound logic rather than greed. But by now I think even beginner have become smart enough not to fall for scam projects.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Dr.Osh on January 29, 2023, 12:11:45 PM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.

I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?




giving a bonus of 5x greater than the investment fund at the time of the presale made me suspect that it would end up being a scam. even before the project started, the developer had planned for the project to crash. That's not to mention the sales after that, however, we can guess that a project like this could end up being scammed, abandoned, or at least the price is way too cheap and it makes investors lose even when they first list.

However, people in this group have always advised not to be tempted by huge bonuses. especially if the information about the team or roadmap given by the project is not clear. it is like investing in something that is really very uncertain without any preparation. So, before investing make sure that you have done in-depth research on it.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Xxmodded on January 29, 2023, 12:16:50 PM
Last several years during ICO still popular and hype easy how to earn greater than 5x for earning profit dur ICO or pre sale project joining, usually have excited with last several years ICO project promising bonuses when early entry at pre sale. I don't think there are have indicate with scam project due bigger bonuses received.

Have different with right now, there are have ended era with ICO but still have several pre sale kinds and not running effective yet with less interested from investor, many coins directly listing on the market without any progress due pre sale or open ICO selling.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Ziskinberg on January 29, 2023, 12:25:54 PM
Many new projects will promise to provide investors with maximum profits for more publicity and maximum profits. But over time, scams that expose them and even projects disappear. There are many cryptocurrency projects that are already scams. Don't be too greedy in the encryption industry to reduce the occurrence of more losses.


Projects that promise unreasonable profits really need to be watched out for. because the original project will not promise big profits in a short time. But a good altcoin project always shows positive project progress and always ensures the project continues according to the roadmap. those who are targeted by scam projects are those who are new to the crypto industry. and unfortunately indeed many beginners are deceived by projects like that. This is where we need to do a careful analysis. and we must prioritize sound logic rather than greed. But by now I think even beginner have become smart enough not to fall for scam projects.
There is no other option but to skip and ignore them because we only regret and suffered losses if we urge to take them.
We have to learn from others' experiences and make those things a reason to stay away from these attractive offers that have usually been a common practice of scammers. We don't let them win nor give them a chance to continue their evil plan and much more to ruin the market reputation. We'd make ourselves tempted to invest in small offers and rewards for they are true to what they have said.


Title: Re: High Profit Projects Are Prone To Scam
Post by: sulendra12 on January 29, 2023, 02:43:29 PM
I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale.
It's so easy for them to give the investors bonus during presale but is it worth it at all for you? For the risk of getting scammed or the price isn't something that you are comfortable with because most of the projects that are currently in presale are pretty much could end up in same scam scheme with whatever reasons they could come up with or not.

The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project.
It's a classic reason for them, I bet they don't even bother to make a listing proposal at all.

When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
Always to check the members everyday and if possible just avoid investing in new projects for now, it's not worth it.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Marykeller on January 29, 2023, 05:36:20 PM
I just wished all the investors in crypto will know that not all projects that promise high returns will eventually pay off as claimed.

All these promises of high returns in the crypto space are because of how competitive it is in crypto to get invest in your project. There are thousands of projects in the crypto space and they all need investors in the project. The only way to get investors to flock to your projects is to promise them a high return and watch investors rush to your project. While in the real sense, they can't fulfill the promise of high returns.

Promises of high returns are what project owners are doing and it is working for them. It is a pity that it can stop soon and many people will still be falling for it.



Title: Re: High Profit Projects Are Prone To Scam
Post by: TheUltraElite on February 10, 2023, 10:08:32 AM
In fact, I don't sympathize with people who are cheated. Pizza doesn't fall from the sky. Greedy people will eventually be killed by themselves. With such a high return, I believe no one will sue you for this opportunity. This is human nature.
Those who don't understand how the market works and how people get scammed will fall for high return schemes which are essentially scams or pump and dump. There are those who hunt for such projects and they might make money but in reality most of them are going to lose which includes the common folk at this forum.

The way to avoid this is not to get greedy, but keep patience to buy low and sell high.


Title: Re: High Profit Projects Are Prone To Scam
Post by: cafee_orange on February 11, 2023, 08:54:21 AM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.

I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?





Apart from your explanation, I will add a little so that we all don't choose the wrong project to invest.
for example, if there is a project that promises greater profits for investors, then don't be easily swayed by that false promise, the solution is to ensure that you do research and analysis more quickly. therefore an offer from me to those of you who want profit, if you have a lot of capital you should invest in quality projects, both old and new projects. You can set aside your funds in coins such as ethereum, bitcoin or Binance


Title: Re: High Profit Projects Are Prone To Scam
Post by: fuguebtc on February 11, 2023, 09:36:24 AM
With my little experience so far, I have come to realize that most crypto projects that promise Investors excessive returns on their Investment eventually turn out to be scam.

I once participated in a a certain project that was giving Investors about 5 times (5×) bonus during their presale. The team kept postponing the exchange listing date until everybody got tired of them and realized that, it was a scam project. When the complaints on the Telegram group became too much, the project team just abandoned the group, leaving Investors with bot.
1. So as a new trader,  it is always important to do your own research before any Investment with any upcoming crypto project.
2. Invest what you can afford to lose
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?




In fact, I don't sympathize with people who are cheated. Pizza doesn't fall from the sky. Greedy people will eventually be killed by themselves. With such a high return, I believe no one will sue you for this opportunity. This is human nature.

It sounds very cruel, but I also agree with you, I believe we are all adults here and aware enough that making money is not easy, nothing is free in this world. Those who are scammed, they deserve it, it is their greed that they suffer the consequences, if they weren't greedy, and didn't dive into get-rich-quick projects, they would never have been scammed. Earn money with your own efforts, cryptocurrency as well as outside life, to earn money you have to work hard, nothing is free.


Title: Re: High Profit Projects Are Prone To Scam
Post by: Moeda on February 13, 2023, 05:32:25 PM
3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?
Indeed, there are very many new projects that fail to be released to the stock exchange, and this continues every year. This is because too many cryptos are being developed in every year. But for those who want to get money instantly, of course they will cheat investors. But for those who are really developing a project for the future, of course they will do whatever it takes to make the project successful even if they lack investors in the early stages.
Of course in terms of crypto investment, especially at the presale stage, it is necessary to do more in-depth research. We worry that they are not actually doing anything for the future of crypto, but are making money in ways that are not true.