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Author Topic: Lets be careful on what we are investing  (Read 52364 times)
gabbie2010
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March 07, 2019, 12:58:43 PM
 #681

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/
You are right, especially now that there are too many scam projects in the cryptospace, nearly 90% of project are just fundraising without any development since their initial aim is just to gather some $ and run please dyor before any investment.
I absolutely agreed with the OP on why we should research before investing or joining any ICO, I was victim of a scam project i.e scam ICO known as bidium I invested much in their project and actively participated in the promotion of that project however in the long run investors funds were collected and the project managers went into thin air this is a very bad experience it was my first encounter with a failed and scam project however I have put that behind me and ensured that I researched thoroughly before investing in any new ICO

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March 07, 2019, 10:20:55 PM
Last edit: March 22, 2019, 02:11:21 PM by faceoff97
 #682

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/
It takes a lot of reading to find a good project. Finding review is a good way of searching wether a project is good or not, the community behind a project will say it all. It is also must to consider whose the team working behind it and how credible they are. The larger the community also is a big factor, the larger it is, the better the future it has. You might wanna try investing on Hodler, they have active team working on the development of their project. Great project and read a lot bout them.
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March 09, 2019, 02:46:06 PM
 #683

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/
It takes a lot of reading to find a good project. Finding review is a good way of searching wether a project is good or not, the community behind a project will say it all. It is also must to consider whose the team working behind it and how credible they are. The larger the community also is a big factor, the larger it is, the better the future it has.
That is a big challenge for us, for the increase numbers of projects existed today we can't easily find whose gonna be legit and have a good market in the future. It somehow we need to sacrifice some things and need to extract some more efforts finding the right one otherwise will just fall into scam projects.   
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March 09, 2019, 11:30:10 PM
 #684

Since i started on cryptocurrency i never invested in any ico project cause i dont want to lose any amount of my money. If im going to invest into a coin i will a coin that will have use case.

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March 10, 2019, 02:26:03 AM
 #685

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/

To anticipate this, we must understand how people's thinking patterns, especially for those (former victims of ICO fraud) who tend to think negatively about crypto currencies, mean they have never studied or researched themselves on the positive benefits that crypto currencies bring. If that's the case, don't be surprised if in the end there is a negative assumption in the community, that this cryptocurrency is worthless and is only a blah scheme blah blah. If we leave this kind of assumption scattered, of course this misguided assumption will teach nonsense and break people's interest and enthusiasm towards the great benefits of crypto currencies.

The solution was earlier, they had to research and understand the performance of cryptocurrency, because the real crypto performance is media which always provides an opportunity for success for anyone. Even though there are those who commit fraud, I think unethical!, if we accuse it only on cryptocurrencies because as we know that cryptocurrency's just a medium/capital to look for fortune, both to enrich themselves (such as expected by many people) and as well as other positive interests.

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March 10, 2019, 08:28:13 AM
Merited by wildduck (1)
 #686

Since i started on cryptocurrency i never invested in any ico project cause i dont want to lose any amount of my money. If im going to invest into a coin i will a coin that will have use case.

Investing in ICO is risky but may be very profitable even more then investing in bitcoin. Off course investing requires some research first. So what you need to is first is deep research on upcoming ICO. Evaluate the team behind project, see if there is tread here on forum, evaluating the whitepaper, look for websites that gives detailed information (SOME THAT I USE: ICO Watchlist (Highly recommended!), ICO Data, ICO Rating and  Coin Schedule).

If somehow all this comes to satisfy you then considering investing in ICO. Create you trust scale and sometimes is good to take risk cuz with minimum investment you can gain huge return.

Clark05
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March 10, 2019, 11:27:14 AM
 #687

Being vigilant is one of the good way to avoid scam project.  There is a lot of project now are scam and failure to meet the hard cap so the investor lose their money too. Investing is good to your money to grow but investment also can cause to you to lose your money too once you invest your money to the wrong investment. Careful means you will limit also investing to ICO or to the projects.
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March 19, 2019, 08:24:05 PM
 #688

Hello crypto community! I'm sure the community of the future.
I'm studying at Linguistic university. In the hope of reducing the cost of tuition, all the money provided by the family, I invested in the investment project GOEX. As it turned out - Scam Goex Alert is a fraud! I beg the progressive community to help me continue my studies in order to obtain the master's degree.
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I Can do translation for you in English-Italian-Russian.
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March 19, 2019, 11:22:41 PM
 #689

  The best investment path for me the last few years is with crypto dice sites that allow you to invest in the bankroll, had you been in the right casinos during the bear market you could have earned crypto faster than the price was dropping. It's nice when you see a 140$ etherium price now but during the entire downturn you increased your position 3x and now those etherium are basically worth 420$ each.

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Dhanems
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March 22, 2019, 12:16:51 PM
 #690

I love investment but how we know that investment is legit...even on crypto I don't know really what is legit and scam project..but of course I tried many times but 50% fail..I know that's part of the risk ..
JohnBitCo
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March 23, 2019, 04:55:37 PM
 #691

Investors should be vigilant and do thorough research and investigation to ascertain the genuineness of otherwise of any project you want to invest on.
I understand that these days, so many are coming up with fake scam projects in order to scam unsuspecting investors of their hard earned money.
Let carefulness be our watch word in this market.

First of all, investment should be done after through study and research. This is true for both investment in the sites and in the altcoins for trading. A Good investment can make you very rich in a short period of time , while a bad investment can make you lose big money. 
You should spend some time in research before you actually make the decision of investing.
Kelvinid
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March 24, 2019, 11:38:47 AM
 #692

I love investment but how we know that investment is legit...even on crypto I don't know really what is legit and scam project..but of course I tried many times but 50% fail..I know that's part of the risk ..
But despite of you're losses you're still investing crypto. May I suggest to find another strategy that works well or just to spend more time in searching the good project cause I believe that there something wrong with your strategies and the way you choose. It could be safe if you'll just invest in existing project rather than of participating ICO's.

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johanesrobin
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March 26, 2019, 09:11:13 PM
 #693

Follow market trends and keep updated information so that you invest assets properly.
IEO new trends in investment, at least you participate.
Ezenwanyi
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March 27, 2019, 05:36:08 PM
 #694

Doing my own findings before investing into any project in cryptocurrency is one of the crypto rules that I do not joke with and it has been my saving grace.
I suggest people should also make it a point of call to always do proper findings on any coin or projects before investing in order to avoid recording avoidable losses.

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March 28, 2019, 09:34:51 AM
 #695

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/
Mostly new investor fall in this trap and scammer project also target them. Nowadays most of the traders investing money in crypto to be a reach quickly. They are thinking Crypto market is a quick money maker that's why they are falling into the trap of scammer even old trader because of the proper knowledge.
We must learn about crypto to be a successful crypto trader.

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March 31, 2019, 04:57:12 PM
 #696

Follow market trends and keep updated information so that you invest assets properly.
IEO new trends in investment, at least you participate.

I think IEO on exchanges like Binance, bittrex and kucoin should not be missed and advantage should be taken from them. I have seen people 3x - 5x money from these IEO. Also the losing percentage in these IEO is very less.
This is the best investment of the current time.

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April 04, 2019, 12:22:40 AM
 #697

my advice for now is not to invest in ico first, because the market situation is falling and the number of scammers who are looking for opportunities in situations like this is getting higher. different if the market situation is falling. if you want to invest, do it with bitcoin or etherum.

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reality18
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April 04, 2019, 12:35:39 AM
 #698

Of course, it is very important to stay cautious on which project or coin to invest. There are numerous coins on the market yet not all of these coins are worth investing hence investors are required to do personal research into projects and coins before investing. Research into the team members, the product of the project and its demand level on the market. Ascertaining these will help an investor make a good choice.
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April 04, 2019, 12:42:31 AM
 #699

yes I think that is a risk that we must face when entering cryptocurrency. but I am optimistic that a lot of learning to do research will make us experienced and will be careful in making decisions. although many projects are scam but there are still successful ICOs. and I think cryptocurrency remains a good investment choice.

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April 04, 2019, 12:43:03 AM
 #700

That is right we must be careful on what we are investing in cryptocurrency because most of them are not profitable or being a scam and your money will be loss at any moment, we should reasearch it first carefully before we invest.

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