JUST 1 TIP ON HOW TO AVOID STUPID PROJECTS JUST AFTER YOUR MONEY

[H1N1]

Stop investing  (investors) or promoting (bounty hunters)  projects requesting ridiculous amount of money just to build some silly application... it's just outrageous 90% of these kind of projects later Play an exit scam on investors

If we think the softcap or hardcap target is abnormal, then we will better to stay away for that project.
It is silly to buying or supporting those kind of projects indeed.
You will find more red flags in that projects if you have more time to doing your own research.

[Sacramentus]

Stop investing  (investors) or promoting (bounty hunters)  projects requesting ridiculous amount of money just to build some silly application... it's just outrageous 90% of these kind of projects later Play an exit scam on investors

in as much as I understand how you feel, but it can't work that way because every projects depending on its products and development will require different amounts to be raised so even if a project asks for just 1million, and depending on its products, they were supposed to be asking for like 500 thousand dollars. So I will say they are all thesame

[GregH37]

I hate to admit it but its true. Even the famous ones project also falls even having enough resources like paid and sponsored advertisements in any social sites. So how much more this projects that just relies there project's reputation to bounty hunters.

The reason why these big projects fail is because they rely more on the power of investors to keep the value high through the market than the project product itself, that is why thy spend more money on promoting in social media than having a product. Most of the adverts I have seen has been for people to come and get return on investment and not about what the people have to benefit from their products.

I don’t go for project that does not have a product that I can say it is worth using and probably committing my money to, except utility tokens, those ones I know I can’t do without if I am to use the cryptocurrency for payments.

[Whosdaddy]

Stop investing  (investors) or promoting (bounty hunters)  projects requesting ridiculous amount of money just to build some silly application... it's just outrageous 90% of these kind of projects later Play an exit scam on investors

Yes, how many of the ones that have succeed in raising such big amount of money has been able to account for the money, what product can we really see that has been created that warranted such huge amount of money. Many of these projects like to inflate the cost of the projects unnecessarily.

I am not trying to discourage new projects or company, but we cannot stop them from quoting whatever they want to quote that is necessary for their business, but for investment, I think I will prefer not to be the used as example, so I will wait to invest when the project has already entered exchange and have a working product.

[qazgroup]

Unless there is strict rule of law and strict action against the culprits we are going to see fake and low quality projects continuously, this type of environment is encouraging scammers to launch their copy paste project and then exit scam, last year we have seen massive wave of scam icos that is why i suggest their should be a regulated platform for icos and they should not be allowed openly like they are now.

[khufuking]

I totally agree with this, most projects want to raise millions just based on an idea and at the end, they will just give you  a product that can be done with literally few hundred of dollars, just lately a project I know raise millions of dollars and until this moment all they did is a website that can be done with 2 figures.

[nikogluttonym]

If you are interested in the project, just take it after entering the exchange. It will save you money. Almost all projects fall in price when entering the stock exchange. Especially if the project had a bounty.

[JC btc]

If you are interested in the project, just take it after entering the exchange. It will save you money. Almost all projects fall in price when entering the stock exchange. Especially if the project had a bounty.

That's the best strategy nowadays, a lot of coins are promoting at high price, but once they are listed the price was dropping or declining a lot, and the team will just say that they cannot control the market, so for me, it is way better if you think the project is good and has future, then you'll just watch it out on the exchange and buy the dip.