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Author Topic: New coin are scam nowadays  (Read 3891 times)
coin-investor
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March 15, 2018, 02:54:01 PM
 #21

Hello, I am new in this forum but not new in cryptocurrencies,  I started trading cryptocurrency in 2016 and my first cryptocurrency I bought that time is vergecurrency and other penny coin. And I returned my money in bundle because they have good tech and very good team..So early this year I noticed that a lot of coin is now scam and failed promises. So please if you want to buy any coin don't go to coinmarketcap only because coinmarketcap can list any coin without verifying it well, just go to their telegram group and ask questions I think this can help you stay away from scam coin...
That's true some of the coins are masked in telegram you can easily tell if the dev just want a quick buck if they fail to answer questions about their roadmap, platform and the team composition they should have a good pr team in the telegram group.

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March 15, 2018, 02:58:44 PM
 #22

Hello, I am new in this forum but not new in cryptocurrencies,  I started trading cryptocurrency in 2016 and my first cryptocurrency I bought that time is vergecurrency and other penny coin. And I returned my money in bundle because they have good tech and very good team..So early this year I noticed that a lot of coin is now scam and failed promises. So please if you want to buy any coin don't go to coinmarketcap only because coinmarketcap can list any coin without verifying it well, just go to their telegram group and ask questions I think this can help you stay away from scam coin...
This currencies and its technology became more and more phenomenal as the years count by, expect tons of scams, abandoned and failed promises as a lot of people, scammers, developers legit or not are trying join and creat its own ICO projects, depending on what coins your looking on the CMC cause not all coins listed are legit as it shows, don't depend too much on the coinmarketcap even in your suggestion about the telegram, remember scammers improve and make its ways to fool people deploying a responsive and knowledgeable admins on the group. Be vigilant always read the whitepaper and the goals of the products.
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March 15, 2018, 02:59:23 PM
 #23

Hello, I am new in this forum but not new in cryptocurrencies,  I started trading cryptocurrency in 2016 and my first cryptocurrency I bought that time is vergecurrency and other penny coin. And I returned my money in bundle because they have good tech and very good team..So early this year I noticed that a lot of coin is now scam and failed promises. So please if you want to buy any coin don't go to coinmarketcap only because coinmarketcap can list any coin without verifying it well, just go to their telegram group and ask questions I think this can help you stay away from scam coin...

It's so sad but you are mostly correct, there are so many coins nowadays that are scam so the problem is that it is so hard to tell which is legit and not. Although not all coins are scam, but the percentage of the scam coins is so high its so frightening for investor just to dive in.

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March 15, 2018, 03:02:58 PM
 #24

I think that they simply do not have confidence yet because there are crypto-currencies at the head like bitcoin and etherium to which there is more than a positive attitude or it's just too lazy to delve into the crypto market to analyze a new coin
There are still so many new altcoin that are formed with very good and practical features in life. What investors need to do is study and analyze the new projects to invest and co-operate long-term with the project that he invested. The market will rebound in April so this is a good time to start buying ICO so that when the market rebounds you can take profit from the ICO bought.

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March 15, 2018, 03:10:35 PM
 #25

Hello, I am new in this forum but not new in cryptocurrencies,  I started trading cryptocurrency in 2016 and my first cryptocurrency I bought that time is vergecurrency and other penny coin. And I returned my money in bundle because they have good tech and very good team..So early this year I noticed that a lot of coin is now scam and failed promises. So please if you want to buy any coin don't go to coinmarketcap only because coinmarketcap can list any coin without verifying it well, just go to their telegram group and ask questions I think this can help you stay away from scam coin...
You made some real great choices in terms of investing. You are right. A lot of "bullshit" tokens are pumped to the "moon" nowadays. They don't fall in value immediately in the bear market, but they will fall eventually.

ellabanana
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March 15, 2018, 03:13:54 PM
 #26

Definitely. With more people engaged in cryptocurrency, some also took the advantage of fooling new comers who ventu in cryptocurrency to earn a profit. Indeed, before youroney, you have to think first and check all the resources that you can. Yes, risk is always there but you have to make sure that you have already minimized that risk.

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March 15, 2018, 03:15:20 PM
Last edit: March 15, 2018, 03:32:08 PM by Ararbermas
 #27

Yeah most of new coin are scam nowadays and they could not fulfill their promises .And also i agree on your statement above that don't trust buying coin through coinmarketcap because we have no idea if it has a good tech and team behind 'cause most emerging project on that site is not reliable and turn to shitcoin after all. That why i preferred also to stay here in forum 'cause we can easily determine those legit and shitcoin through their whitepaper and ANN thread which is a good idea to obtain more information about the project.
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March 15, 2018, 03:15:41 PM
 #28

There are also coins or ICO's that has fake members on their telegrams so that isn't going to be well off. Coinmarketcap is only listing those coins and is just a website to show charts, price and crypto's that are listing so they really don't care if it's a scam or not. They are also advertising scam websites on their banner so even you will warn people here, they will not stop advertising those scams.

It is up to the investors to make their own decisions about the investments. Most of the investors are searching for the easy profit and they actually ain't making the proper analyzations of the specific coins they want to invest in.

Some coins are certain but this kind of coins already have high value and they cannot bring a large amount of the profit to the investors.

That is why the investors are searching other coins which they haven't analyzed enough. When they end up with the loss they are blaming the developers but only one that should be blamed is the investor which didn't think prior the investment.

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March 15, 2018, 03:34:12 PM
 #29

Hello, I am new in this forum but not new in cryptocurrencies,  I started trading cryptocurrency in 2016 and my first cryptocurrency I bought that time is vergecurrency and other penny coin. And I returned my money in bundle because they have good tech and very good team..So early this year I noticed that a lot of coin is now scam and failed promises. So please if you want to buy any coin don't go to coinmarketcap only because coinmarketcap can list any coin without verifying it well, just go to their telegram group and ask questions I think this can help you stay away from scam coin...

You maybe right on this one mate, but still there are more coins out there that are showing their legitimacy in this industry. Though, we just need to be careful in choosing investing in the ico project here.
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March 15, 2018, 03:39:00 PM
 #30

You need to be able to make your research before you decipher a real project that would succeed.

Most of these new coins are scams and also, majority of  these airdrop coins are scams as well.

For every project/coin you wish to invest in, you need to research on the team and be sure that the team has the experience to make the project a reality and also check their working product as to know if it's solving a real life problem.

You also need to check the social media group of any coin you are investing in  as you would have an insight what the community looks like.
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March 15, 2018, 03:54:19 PM
 #31

Hello, I am new in this forum but not new in cryptocurrencies,  I started trading cryptocurrency in 2016 and my first cryptocurrency I bought that time is vergecurrency and other penny coin. And I returned my money in bundle because they have good tech and very good team..So early this year I noticed that a lot of coin is now scam and failed promises. So please if you want to buy any coin don't go to coinmarketcap only because coinmarketcap can list any coin without verifying it well, just go to their telegram group and ask questions I think this can help you stay away from scam coin...

In coinmarketcap does not verify which coin is good and which coin is not good. But most coins in coinmarketcap have a good track record, so it can be a benchmark for us to invest.
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March 15, 2018, 04:22:53 PM
 #32

yes now many coins are scattered then it must be careful to choose ... but not all new coins are scam ... in essence we are more thorough to choose coins ... I think we should do the usual coins we do ... because the result is also It is clear.
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March 15, 2018, 04:43:19 PM
 #33

Hello, I am new in this forum but not new in cryptocurrencies,  I started trading cryptocurrency in 2016 and my first cryptocurrency I bought that time is vergecurrency and other penny coin. And I returned my money in bundle because they have good tech and very good team..So early this year I noticed that a lot of coin is now scam and failed promises. So please if you want to buy any coin don't go to coinmarketcap only because coinmarketcap can list any coin without verifying it well, just go to their telegram group and ask questions I think this can help you stay away from scam coin...

Indeed you're right it would be better if we first join their telegram group and ask questions about their coins, because if we buy coins without verrifying them and only to find out that it is a scam it would be very frustrating. Coinmarketcap surely listed some coins that are scam coins but there are still good coins, I suggest we also make a research about the coin we're going to buy so we don't end up being scammed.

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March 15, 2018, 04:55:01 PM
 #34

Many are scam but not all are scam if you know how to find good coins or if you know how to find fake coins then its easy for you.

https://coinpricetoday.com/crypto/find-fake-token-ico/
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March 15, 2018, 04:59:43 PM
 #35

Coinmarketcap is just a paid website who are manipulating the people's mind,these are fake ranking site,it is better to have your own research find these new potential coins so that you wont have regrets in the future,im sure if you dig enough and found these potential new coins you'll be making tons of money when these coins matured.

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March 15, 2018, 05:02:58 PM
 #36

It is true that A LOT of past year's ICO were a failure, but there are still some good projects out there that turned out to be very profitable, such as Hedge
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March 15, 2018, 05:33:51 PM
 #37

There are more than 500,000 different ICOs and they are created every day more and more but most of them are just trash, it's true. We can only hope for the adequacy of investors so that they do not support scam projects and do not invest in them.
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March 15, 2018, 05:35:10 PM
 #38

Hello, I am new in this forum but not new in cryptocurrencies,  I started trading cryptocurrency in 2016 and my first cryptocurrency I bought that time is vergecurrency and other penny coin. And I returned my money in bundle because they have good tech and very good team..So early this year I noticed that a lot of coin is now scam and failed promises. So please if you want to buy any coin don't go to coinmarketcap only because coinmarketcap can list any coin without verifying it well, just go to their telegram group and ask questions I think this can help you stay away from scam coin...

ICO project has been fall, their product become scam, not all but most and I agree with that. Down trend is still happen and maybe until next year, leave ICO project for now and you can come back if market have significant moving again. No one know which one and how recognize scam ICO, many method has been released but sometimes we still fall. I only have one experience, never join ICO project with adult concept. Good luck with you.

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March 15, 2018, 06:24:26 PM
 #39

Hello, I am new in this forum but not new in cryptocurrencies,  I started trading cryptocurrency in 2016 and my first cryptocurrency I bought that time is vergecurrency and other penny coin. And I returned my money in bundle because they have good tech and very good team..So early this year I noticed that a lot of coin is now scam and failed promises. So please if you want to buy any coin don't go to coinmarketcap only because coinmarketcap can list any coin without verifying it well, just go to their telegram group and ask questions I think this can help you stay away from scam coin...
Meaning not all coins are scam. Because of all coins are scam you would not tell anyone to visit the telegram of an ICO to check if the project is really has a good future or if OT is really not a scam.

I believe not all coins are scam it so happen that there are scammers but that can't ever  be whole definition for all.

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March 15, 2018, 06:29:51 PM
 #40

Hello, I am new in this forum but not new in cryptocurrencies,  I started trading cryptocurrency in 2016 and my first cryptocurrency I bought that time is vergecurrency and other penny coin. And I returned my money in bundle because they have good tech and very good team..So early this year I noticed that a lot of coin is now scam and failed promises. So please if you want to buy any coin don't go to coinmarketcap only because coinmarketcap can list any coin without verifying it well, just go to their telegram group and ask questions I think this can help you stay away from scam coin...
There are a lot of coins and 80% of them are weak, so you need to be able to quickly navigate in different campaigns.

Really bro,if you don't want to lose and consider all the coins it is a scam then you should monitor and look for info about the coins you have.
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