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Author Topic: Lets be careful on what we are investing  (Read 2311 times)
brooklynian
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August 21, 2018, 05:34:54 PM
 #561

Scam is a menace that the whole of the cryptocurrency world have to tackle headlong. It is not funny at all. Over eighty percent of the ICO so far in the year 2018 is already scam. This is going to be a major issue by the time the minds of potential investors are completely changed from ico.

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cleimor4e
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August 21, 2018, 09:01:30 PM
 #562

People should be really scared of the shitcoins and they should not trust it at all.
ooeygooeygold
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August 21, 2018, 10:33:56 PM
 #563

Here's a good rule of thumb to follow when looking at what to invest:
1. The project must solve a problem(s) that affects lots of people.
2. The use of blockchain and cryptocurrency is essential for the solution to work.
3. There are evidence of a real team behind it (e.g. videos and photos of the team promoting the project, responsive when asked questions).
Absolutely absolutely, these are essential when you want to invest in Altcoin or any ICO. You need to pay attention to the basic rules so that you do not have to make the mistake of investing.
I think that's the reason why people are leaving bit coins and the value decreasing. We should always care about our investing and getting feedback before sending money to unknown person or ICO.
Choosing the right investment plan is also a way to help investors get profits in this market, never too greedy to follow the investment plan given. I believe everything will be better in the last months of this year. The market is showing signs of positive recovery but still dominated by many whales.
deus030518
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August 22, 2018, 11:47:22 AM
 #564

Yes in investing in crypto you have to be careful because there is no record when you invest on it and you cannot track the last transaction that you have made that is why you have to check first before you do a transaction with bitcoin. You cannot also blame someone when you have done something wrong with your transactions on bitcoin.

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mr.nby
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August 22, 2018, 02:30:12 PM
 #565

Investment in my opinion is risking some of our money or savings on a project or ICO for crypto to be careful and careful because we want an advantage from it instead of the opposite

Being careful is one of the most important factors determining investing in cryptocurrencies. This is as important as the exact analysis of ICO. If you do not pay enough attention when investing it is very easy to be cheated.
time2.coffee
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August 22, 2018, 03:18:26 PM
 #566

We must be very careful and meticulous in investing in criptocurrency, it would be nice to ask in advance to know that ICO is really trustworthy. we know that any online transaction system must be based on trust, trust arises from our thoroughness in studying and filtering from the data in office and out office.
That's true, We should be careful when we decide to invest in an ICO, we should read carefully the project and the whitepaper to understand more about this project, then we can search about the team, if it's a good and trusted team, then we can follow reviews and invest in them, Recently, there are some ICO scams, so be careful guys when you invest.

From recent ICO listings require KYC for founders and team members. Hopefully it will eliminate scammers and at least there will be also trace to founders from any ICO, that can be followed.
pieppiep
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August 22, 2018, 04:14:47 PM
 #567

Should you want to invest, you should be careful not to invest in the wrong place and do not let you buy coins that do not have a development, because with the development will have very high demand that prices can become very expensive.


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ViciousWarlock29
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August 22, 2018, 05:03:46 PM
 #568

Shitcoins are bad and people must be scared of these shitcoins.
We are also blame, that there are so many scam projects. After all, we want to make money very quickly and without effort, and there are a lot of projects that help the campaign to promote, for example upvotes.io
hiru65
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August 22, 2018, 06:40:00 PM
 #569

Yes. We should care what and where are we invest in because by today there are many scam project as well as although some are not scam but they have to close their project because lack of investors. If we invest we should care the project and have to observe details well. Study should be personal because there are many of scam news.
petermike
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August 22, 2018, 08:35:01 PM
 #570

People do not really take the time to think about the money they are investing in, and that's why scammers can take advantage of them by creating a fake project and then they can turn lose with all that money. This brings a bad face to electronic money and can kill the ICO market as Abraham Lincoln has said "People can only fool some people at all times, fooling people in for a few moments, but not Can fool people all the time!".

Dark Sky
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August 22, 2018, 11:35:58 PM
 #571

People do not really take the time to think about the money they are investing in, and that's why scammers can take advantage of them by creating a fake project and then they can turn lose with all that money. This brings a bad face to electronic money and can kill the ICO market as Abraham Lincoln has said "People can only fool some people at all times, fooling people in for a few moments, but not Can fool people all the time!".
That's why people should get complete knowledge about ICO's and then invest, so that's why bitcoin is best for investing and also trusted currency, so many people buy it and hold it for their future because bitcoin price will more high in coming future.

Joseph_Williams
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August 24, 2018, 05:05:48 AM
 #572

today one has to be very careful when choosing which cryptocurrency to invest in, there are so many scammers around. it is good for use to verify the site or trading  company before you commit to doing business with them, read reviews about them and use other ways to check their authenticity. also try to invest only in the popular coins, these ones have been on the market for longer than the new ones and have been tried and tested. also read th information on these forums to get more understanding on a certain topic you are interested in.
taliwang
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August 24, 2018, 11:22:57 AM
 #573

yes you are right you should be able to be more careful when you want to invest because the investment gives you the money you have to other people so you have to understand the benefits and risks that exist when investing.


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Scripture
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August 24, 2018, 02:57:39 PM
 #574

That is another purpose of this forum where people discussed informative things, sharing thoughts and knowledge specially to inform people about ICO projects scams or any fraud things. Let just all be cautious and read before going into anything.
brascopck
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August 27, 2018, 03:43:03 AM
 #575

Read this several minutes ago. We must be vigilant on what we are investing and must do some research or study first if the project that we wanted to join is legit or not. So sad that there are some ICOs who are just making money for their own sake. Because of this issues, people becomes scared of cryptocurrencies and thinks that other cryptos that are legit are scams too.

http://www.livebitcoinnews.com/denaro-ico-raises-8-7m-and-goes-up-in-smoke/

Yeah ICOs like that is really give a bad image into ICO and of course the media out there will input this kind of news and it makes a bad image into cryptocurrency world. That's why you need to remember, to invest that only you can lost on ICO. Also don't invest on any random ICOs, do some research first and find many information about the project before investing.
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August 27, 2018, 04:28:50 AM
 #576

yes you should be right when you invest so you should be careful not to invest in the wrong place and make sure they have a product that is very useful for the people.
cryptokingmaker
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August 27, 2018, 05:25:22 AM
 #577

Yes, it is always good to check before investing into any ICO because every ICO will not give profits to us, we have to check twice and twice whether the ICO has capable to reach their target what they have specified in the roadmap, recently we have seen many failures from the owners of the company. They will raise the money but they don't know how to develop the things what they mentioned in the roadmap.
MarchToke
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August 27, 2018, 06:30:05 AM
 #578

Numerous cases of people being scammed by fake ICOs are not already new in this crypto industry. So when you are going to invest, it's your duty or job to determine first whether this ICO is fake or not because once you send your investment to them, then it will be pocketed by them before the ICO ends.

ToyotaFortuner
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August 27, 2018, 07:04:35 AM
 #579

yes nowadays there are very many cryptocurrency that are scam and many are victims of the crime and you should be careful when you want to invest.

BlackSociety
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August 27, 2018, 07:52:48 AM
 #580

Very good article, I think such an article needs to be spread to more websites and social groups, so that more investors can invest cautiously!

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