I think that people should do a lot of research when they want to enroll into a project and ensure themselves that it's 100% safe.But at the same time the scammers are getting more and more good at what they're doing and are also likely to fool you.You must be very careful about the projects nowadays and don't go after appearances.
Doing a truck load of research is the best way out of all this scam stuffs but most times some scams are so good and real. Let's use the just scam concluded ETCV fork. Those guys did everything right and good even their whitepaper was very convincing yet it was a scam at the end of the day. |
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Anyone who has tons of tokens stands a better chance to buying Lambo faster  then it all depends upon what tokens such an invidual has. Some persons buy tons of tokens because they like a project, they believe in the innovation the project is bringing. |
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Most people come into the space with such mentality but that turns out to be wrong. But I don't blame anyone as it all looks rosy on the outside truth is known on the inside. During the moon and Lambo days, it was easy to get rich quick here but that's old news now.
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The best way to invest this year is investing in projects that have mom boys and pump whales who can easily pump the coin from time to time or better still, invest in known projects with solid team like ADA, TRON, NEO and others.
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It's really hard to tell which is scam at the onset of ICOs although some are so glaring one can easily spot it. I would suggest people stop investing in ideas on written down in a whitepaper. At least a viable project should have an MVP, a real office with known team members should they decide to go rogue, they can easily be caught by the government.
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I wasn't careful and used to wear signature of ethereum classic vision, but once I've seen scam accusations, I immediately changed signature. It is tricky, because some projects can turn out to be a scam!
Because ethereum classic vision is not part of ethereum and the project was the same as the other project which using ethereum as their project. Maybe we can see many another project like that will release in the future and I hope that we can prevent to help them to trick people. It is why we need to learn and read about the project so we can find something and we can decide that the project is good or it will just be a scam project. knowledge is needed to choose the projects we will follow. but without experience, everything will be lacking and therefore do not need to worry too much if you are wrong in choosing a project because then you will better understand the characteristics of projects that are just deceptive. I am sure that with increasing working hours, we will be smarter. Knowledge is the principal thing here and if one has the right knowledge, Los is minized but when we keep following the crowd, making deciosns from other people's opinions and thoughts, we lose out. I think acquiring all the knowledge we can should come first in this space for survival. |
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Guys, it have come to my notice that some criminal minded guys are busy creating tokens and using it to defraud people, example of those tokens are *ripple classic,stellar classic, eos classic*, becareful guys and don't fall victim to their sweet mouth, they are busy listing them in almost exchanges and using that to brainwash guy.... Becareful and guard ur money like ur whole life depends on it
I have fallen for such projects doing self drops where one sends some unit of ETH to the contract address and gets tokens back. Such projects never make it to exchange and when some do, they die off 9nce the dev sells off their tokens. One needs to be very careful |
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What matters here is our decision to keep pushing on not only pushing on, doing the right thing. If you notice that your trades always fails, take a break look at what you did wrong improve on it and do better. Giving up isn't an option one must push on and do well.
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Panic selling brings about price dumps in the market and a sudden crash in price of tokens. What happened during the Bch fork, where people panic sold their Btc due to the dump on Btc and rumors, the price of Btc dumped as well.
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I participated in the cryptassist ICO a few months ago, and I chose this out of the many projects I could have done the ICO, but still no listing.
This is because of the market, but I strongly believe that if the project is good enough, the team should not be scared of listing
When I see projects taking shield behind the current market and not listing on exchange, it gets me angry and I'm like: was the market any good when you were conducting your ico. You took investors money in the bear market but can't lost on exchange with excuses of the market. It's saddening I pray people learn and take a break from ICOs. |
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Everything has changed in cryptocurrencies space during the past year it will be a long journey a very long one at that before things stabilize. Bounty campaign was most hit, it's recovery is almost impossible.
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I think it's wise to show the sales countdown so everyone involved in the ICO will keep being updated on the progress of the sales. Let the team look into this as it will make the investors more confident to invest.
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Most them are not just fake but are spammers looking for a way to lure people into filling out their private keys in the process of filling out the forms. Airdrops of projects that doesn't exist yet isn't a good thing to take part in. It's advisable to do bounty than airdrop.
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I think it's not a problem for bounty hunters to do kyc if it is written on the rules upfront, it is not that hard to do kyc if you have documents etc. However the problem arises when they will announced that bounty hunters need to do kyc only after the bounty campaign ends, in a way it is cheating.
I feel, provided the rules is stated in the first place, it shouldn't be a big deal for participants to take part in it as they already agreed to the terms and conditions before joining the said campaign. |
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Hey buddy, is there any particular development news driving the price? Are we fully set for the Bull run or will it crash again probably after the forthcoming hard fork?what exactly has made it do 100% and counting within the past days.
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The development of the blockchain continues, and more sophisticated Dapps are being built on the blockchain right this moment and as such, it will keep driving up people's quest and cool stuffs will be built not just some payment gateways or utility asserts. Let's look forward to the future when mass adoption sets in governments might build their military or other cool stuffs on the blockchain
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I am only willing to participate in some KYC projects that have already joined the exchange, because this will give me a greater chance of getting rewards.
It's always good to join projects already listed on exchanges as it gives one an assurance that they can sell when they want. Some projects never get to the exchange and some takes forever to be listed on any exchange at all. |
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