vfrcbv911
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October 29, 2018, 05:12:14 PM |
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The problem is that people just love easy money. I'm talking about the creators of scam who do not want to do something useful and just cheat, and about investors who do not understand what to invest.
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Fredomago
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Activity: 3122
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Leading Crypto Sports Betting & Casino Platform
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October 29, 2018, 06:06:45 PM |
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The problem is that people just love easy money. I'm talking about the creators of scam who do not want to do something useful and just cheat, and about investors who do not understand what to invest.
Both are looking to take quick earnings without dealing with real projects that will progress after some time, investors need to be more furious about projects that they will invest their money while developers needs to prove that project is reliable and have a good future outcome, ico scammers are very tricky as they can really attract people to invest even there's no possible progress they just provide promises that very attractive and unnoticeable with newcomers and grab their money very quickly.
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Gandam23
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October 29, 2018, 06:11:43 PM |
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Do you know that most of the ICO's are scam . Well if you don't here are some reasons behind it :- 1.) Most of these ICO's have no business model 2.) Most of these ICO's would never be profitable 3.) High Market cap for a project / ICO with no development , code or any past experiences 4.) Most of them have a 1 year roadmap which means no vision 5.) 5 months of hard work and for that they get Millions in funding 6.) Dumb people running the shitshow 7.) Behind the scenes it is all about Money What makes an ICO legit ? 1.) Working product 2.) Practical Use case 3.) Legit Team 4.) Limited Funding ( Based upon Fair Market valuation ) Why are these days ICO raising so much money ? Answer :- People are dumb and greedy they want to invest in the next ETH , STRATIS , WINGS , EDG , IOTA , XEL but they do not understand that Stratis had less than 1000 contributors and most of these ICO's happened during bear season when most of the people were not active in the scene . Should I invest in ICO's ? Yes , some ICO's are legit and can be good investments such as MobileGo , Edgeless , Civic etc which can yield you good ROI in long term but then always due diligence is important . Should I invest in ICO's with high marketcap ? No , High marketcap means a lot of people have invested in an ICO seeking for quick buck or the ICO team has been dependent on marketing to get more investors which makes a lot of weak hands so when the marketcap is not able to sustain the demand and supply the price will likely go down . When the price goes down is the time to invest but not during the ICO . I fomo like a noob during ICO as I don't want to miss it . Well then you are a fuking sheep who want to buy in today and be a millionaire tomorrow well it does not work that way , you can always buy after it hits the exchange . Always have a good risk management system in place where you are able to manage your risk/reward ratio according to your portfolio . Always :- Ask tough questions to the team and you will know the reality Best Regards , VerthagOGEveryone is trying to take advantage of the momentum right now. My strategy is the same for all investments whether cryptocurrency, stocks, and startups. First and foremost: - Team
- Traction
- Idea / Concept
TeamFirst and foremost, I invest in people. The questions I ask are: - Are these individuals I can trust and share the same values with?
- What experience does the team have in this space?
TractionTraction enables me to understand someone's passion, hustle, and results over a period of time. The question I ask here is: - What traction has the team achieved over the past quarter, six months, etc?
Idea / Concept
It's never about the idea. It's always about the execution. Hence why this ranks lower than traction. The questions I ask are: - What problem does this solve?
- Is this an idea that I'm passionate about and care offer value to?
- Is the idea / concept aligned with my values?
The answers to all of these questions give me a good sense on whether or not I should invest. While it is still possible to make money from momentum investing, I recommend everyone employing due diligence and ask the same questions above prior to making an investment. I am totally disagreeing with this subject because I can confidently say that in myself that most ICO are not scam. Maybe youre in out of luck but ive experienced it myself joining bounty signature campaign and luckily the most of the ICOs ive joined have a succesful journey and I got so much money from that.
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jan.nicolas
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October 29, 2018, 06:18:45 PM |
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A large number of people became interested in the blockchain and very many began to master the work on this technology, so I hope that the situation as a whole will be very, very transparent with time, but so far I see that nothing good happens
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PavelMed
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October 31, 2018, 04:14:59 PM |
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I don’t invest in ISO, but I think that many shit koin are very useful - for those who know how to use them, of course, you can make very good money on them if you can trade.
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FunGate
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Activity: 105
Merit: 4
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October 31, 2018, 04:29:20 PM |
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Because it's still unregulated and easy to scam. Both investors and charlatans want to make a quick buck and anyone can hide behind a pretty website and promising ideas. Illusions are powerful things.
If it seems too good to be true, it probably is.
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gorodi
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November 03, 2018, 03:14:19 PM |
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The skeptical investor doesn't need to look far in order to see this in practice. In fact, the scam-filled nature of ICOs is so widely known that the SEC created a fake ICO just to warn people away from them.
I totally disagree with this opinion. Of course, there is scam among ICO, but that doesn’t mean that all ICO are scam. There are a lot of good and promising ICO, you just need to learn more about the campaigns.
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DreamCayman
Jr. Member
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November 04, 2018, 07:59:36 AM |
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It should be noted that this topic started in mid-2017. Since then, almost 1.5 years have passed. Nothing changes, and for all this period they talk about bad ICO. I think ICO will develop. As the saying goes: the dog barks, the caravan moves on.
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BuyBuyBitcoin
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Get Maximalist or Get Wrecked
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November 04, 2018, 08:02:01 AM |
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If ICO's just told people to buy bitcoin, then they wouldnt be so shady.
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Avoiding ICO's and Shitcoins | Finding where people can Buy Bitcoin Around the World.
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zgrdyg
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November 04, 2018, 08:02:44 AM |
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It should be noted that this topic started in mid-2017. Since then, almost 1.5 years have passed. Nothing changes, and for all this period they talk about bad ICO. I think ICO will develop. As the saying goes: the dog barks, the caravan moves on.
Saying is good i read a review about the icos in 2018. Its written that the %80 percent of icos are scam in 2018. I might add if we add the failed icos to this math, successful icos in 2018 is only a handful. Its bad.
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V. J. Meyer
Member
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Merit: 10
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November 04, 2018, 08:11:15 AM |
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It should be noted that this topic started in mid-2017. Since then, almost 1.5 years have passed. Nothing changes, and for all this period they talk about bad ICO. I think ICO will develop. As the saying goes: the dog barks, the caravan moves on.
Currently, almost all ICO projects are fraudulent, accounting for 90% of phishing projects, but if we have experience and choice of projects then they probably will never exist. Poor quality, they cheat in the ICO project so they are very quickly rich, and the scam pattern is increasingly widespread.
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costgranda
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November 04, 2018, 10:53:05 PM |
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Yes, it is very sad, but practically all ICO is SCAM. Swindlers don't want to do the projects, they want to deceive only the investors and to disappear. Because of it at ordinary people the trust to cryptocurrency is lost. Therefore it is necessary to be very attentive at ICO choice.
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myxamop
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November 04, 2018, 10:58:01 PM |
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I am very much upset by a situation with ICO in the market of cryptocurrency. Many developers of projects deceive the investors for receiving money from them. They just steal investments and disappear. As the cryptocurrency isn't lawful yet, nobody can help investors. Probably to all fault human greed. She forces deceive people around.
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Botnake
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November 14, 2018, 02:07:49 AM |
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Yes, it is very sad, but practically all ICO is SCAM. Swindlers don't want to do the projects, they want to deceive only the investors and to disappear. Because of it at ordinary people the trust to cryptocurrency is lost. Therefore it is necessary to be very attentive at ICO choice.
At the early stage where regulation is not that clear, you can expect lots of scam but this market will survive and we will eliminate scams over time. We do not need to pressure the government to make regulations because they will be the one who are willing as they see big money in crypto. The best we can do to be safe is to be smart and that is making ourselves of the risk in crypto.
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raitsuk
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November 14, 2018, 02:48:39 AM |
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With the rise of so much scam project/ICO that really making everyone sick of it. That affecting the trust on every investors to put their investment in cryptocurrency. Thus making hard for any new project to retrieve the desired amount of investment.
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Crypt0BHunter
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November 14, 2018, 02:51:28 AM |
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I think the reason is that it's a big difference between an idea and realization of the idea
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Barbarian
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November 14, 2018, 03:28:49 AM |
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Because there are succesful ICO's in the past and so scammers sees this field as money opportunity. simple as that.
While that is correct a huge reason is that people keep falling for the same scam over and over again, if they were scammed once and then they learned their lesson the market of icos will decrease significantly to the point that scammers will leave the market but since that is not the case we have a market full of scammers.
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Ipwich
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November 17, 2018, 07:09:37 AM |
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I think the reason is that it's a big difference between an idea and realization of the idea
You'll never know if that idea will be realize, that is why we are betting on the team and we feel will and can deliver. There is no guarantee as well that the reputable team or the company would deliver because the risk is here and we don't see the future.
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GalaxyWorld
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The Exchange for EOS Community
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November 17, 2018, 07:14:06 AM |
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Because the ICO market is so easy to fool, they create an ICO with a lot of fraudulent schemes to take advantage of other people's assets, so they have a tremendous source of income. It's a shame if you choose the wrong project.
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Vektrum
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November 17, 2018, 07:38:59 AM |
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Most ICO projects are fraudulent because this activity allows you to collect huge amounts of money, anyone can conduct ICO, and this activity is not regulated by the states. Apparently, until this activity is regulated, the percentage of fraud will remain large.
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