Mhd-Bobbi
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Activity: 434
Merit: 13
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September 02, 2018, 04:10:35 PM |
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So saw many self airdrops of ERC20 tokens and wave platforms in social media. They would promise their investors a cheap token price purchase, and in turn promise a good listing price at the exchange. 98% of these self airdrop never make it to exchange, and the few that get listed in a decentralized exchange get pumped for 2hrs and there after dumped forever. Why do you think people still patronize these scamming project and not study good ICOs and buy?
For them getting lucky on one coin will be worth it. For them it is like hitting the lottery, which personally i do not think is called investing but gambling. They are betting on some coins that has low potential. They do not realize they are just making the creator of the coins richer and them poorer. Again before you invest on anything study it. Check if this coin has a real potential. You are right, investing is fun for those who have experience, but they also need to know not only the real potential coins they need to know, they also need to know that many coins are now irresponsible, including the token project they run, which ends in fraud .
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code
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September 02, 2018, 05:51:09 PM |
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this was typical for any market, the point is not that the cryptocurrency has a flaw, but that investors themselves are not willing to spend time studying
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drm
Legendary
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Activity: 1176
Merit: 1005
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September 02, 2018, 07:49:12 PM |
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So saw many self airdrops of ERC20 tokens and wave platforms in social media. They would promise their investors a cheap token price purchase, and in turn promise a good listing price at the exchange. 98% of these self airdrop never make it to exchange, and the few that get listed in a decentralized exchange get pumped for 2hrs and there after dumped forever. Why do you think people still patronize these scamming project and not study good ICOs and buy?
For them getting lucky on one coin will be worth it. For them it is like hitting the lottery, which personally i do not think is called investing but gambling. They are betting on some coins that has low potential. They do not realize they are just making the creator of the coins richer and them poorer. Again before you invest on anything study it. Check if this coin has a real potential. You are right, investing is fun for those who have experience, but they also need to know not only the real potential coins they need to know, they also need to know that many coins are now irresponsible, including the token project they run, which ends in fraud . I don't know what else people expect out of these tokens, useless things never have any value.
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Norihiro
Full Member
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Activity: 448
Merit: 102
APOLLOX Protocol
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September 02, 2018, 08:33:01 PM |
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That's sad truth but what's surprising here? Where would you get free $ and for what purpose? I think that such times in crypto are gone forever, suddenly.
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levaorg
Newbie
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Activity: 29
Merit: 0
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September 03, 2018, 08:38:51 AM |
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Many people have not yet understood that crypto works exactly like all other areas of life. Just because there is a new market, it does not mean that there is suddenly something for free.
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Ekimzjames20
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Activity: 348
Merit: 10
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September 03, 2018, 09:01:46 AM |
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Many people have not yet understood that crypto works exactly like all other areas of life. Just because there is a new market, it does not mean that there is suddenly something for free.
Sometime people wants a quick or instant profits, that why even they know the big risk, they gamble it. To be richer or poorer in the end.
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Btcmicel
Newbie
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Activity: 177
Merit: 0
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September 03, 2018, 09:09:43 AM |
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Many people have not yet understood that crypto works exactly like all other areas of life. Just because there is a new market, it does not mean that there is suddenly something for free.
Sometime people wants a quick or instant profits, that why even they know the big risk, they gamble it. To be richer or poorer in the end. People want an adventure, a challenge to life. Being an investor sometimes we can considered it as an adventure for the richest, if they failed that considered learn for uour mistake and be careful next time arround.
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kenel
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September 04, 2018, 09:56:54 AM |
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I think such ICO is very difficult to find, a person before investing in such projects, he tries, and since it does not work at himself, he tries to find help
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Marcsymon
Member
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Activity: 322
Merit: 10
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September 04, 2018, 10:48:03 AM |
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I think such ICO is very difficult to find, a person before investing in such projects, he tries, and since it does not work at himself, he tries to find help
For me people will find such ICO with good products that are really helpful to the community even if it is hard to find. Because ICO with good products and intension are mostly become succeesful in the end and will serves as our good learning experience in this cryptocurrency platform.
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Bakery cream15
Newbie
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Activity: 89
Merit: 0
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September 04, 2018, 04:13:12 PM |
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This is a common practice nowadays some developers create a wallet with some anonymity features or whatever shit features then promote the project using free airdrops and a very own exchange then some newbies will promote this shitcoin and after 1-2 years the developers will dump the coin lol.
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ziac
Copper Member
Jr. Member
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Activity: 140
Merit: 1
”Decentralized Digital Billboards”
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September 04, 2018, 11:49:04 PM |
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Some people just dont learn and still hopeful for the prices of some token or coin to pump 😂 they're holdinh for some reason one is that they think thst certain coin will give them fortune from holding.. But they forgot that some coin are dying already and left abandoned.
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https://bidooh.io/ ▸▸ Decentralized Digital Billboards Backed by OKEx & Director of Manchester United ●●
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maaydin
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September 04, 2018, 11:55:16 PM |
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as soon as people will follow the mentality of easy money with minimum risk the scammers would always attract the people and thus the learning period will not come or will come very slowly unless we can control the greed.
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hubballi
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September 04, 2018, 11:57:57 PM |
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as soon as people will follow the mentality of easy money with minimum risk the scammers would always attract the people and thus the learning period will not come or will come very slowly unless we can control the greed.
What you told is the truth of getting scammed, even with lot of good projects their price are down almost 90% so greed makes the user to get scammed. Altcoins are just ment gain profit and increase the bitcoin volume in your portfolio
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Birin016
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September 04, 2018, 11:58:50 PM |
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People would know that if they were always getting involve in crypto everyday and balanced the situation and trend of market value. its very easy to decide for investment in crypto if we are monitored always and and focus to study about the technique of investment specially in this crucial time of Price market everyday.
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Labib1
Copper Member
Newbie
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Activity: 107
Merit: 0
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September 05, 2018, 12:04:06 AM |
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Firstly there is any fixed age or time to learn. But from my experience, when people do a mistake, they can learn from it. But A good friend can help to learn everything.
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Sled
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September 05, 2018, 12:44:48 AM |
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People would know that if they were always getting involve in crypto everyday and balanced the situation and trend of market value. its very easy to decide for investment in crypto if we are monitored always and and focus to study about the technique of investment specially in this crucial time of Price market everyday.
We can easily decide even without having to focus always in the cryptocurrency. As long as you know the basics like the fundamentals of cryptocurrency investment like the technical analysis type of investing then you can easily win this investing because with the technical analysis you will be having a high chance of making a good entry in the market.
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cloud9ners
Newbie
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Activity: 19
Merit: 0
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September 05, 2018, 02:01:27 AM |
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people learn when they fail or lose even when they disappoint.
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lingwistiko
Member
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Activity: 322
Merit: 10
╔►[FILIPINO Translator]◄╝
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September 05, 2018, 03:10:33 AM |
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So saw many self airdrops of ERC20 tokens and wave platforms in social media. They would promise their investors a cheap token price purchase, and in turn promise a good listing price at the exchange. 98% of these self airdrop never make it to exchange, and the few that get listed in a decentralized exchange get pumped for 2hrs and there after dumped forever. Why do you think people still patronize these scamming project and not study good ICOs and buy?
As i perceived about the situation, you got nothing to lose if you patronize airdrops even if you're not so sure if it's a scam or not because you don't need to pay for the tokens. Besides, there are also other legit airdrops that would mean something when the token got listed in the market.
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Kakawate
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September 05, 2018, 03:17:30 AM |
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In my opinion, it is because more and more people are getting the idea of cryptocurrencies everyday without really understanding or learning the whole thing, they would just jump in here and there because some people say that they are gonna earn a huge amount of return, and since they never really studies or even read and observed the cryptocommunity, they just tend to go, since they have the money to invest with, so the outcome is that they will experience a great deal of loss, and the story continues.
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lienfaye
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September 05, 2018, 03:56:16 AM |
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So saw many self airdrops of ERC20 tokens and wave platforms in social media. They would promise their investors a cheap token price purchase, and in turn promise a good listing price at the exchange. 98% of these self airdrop never make it to exchange, and the few that get listed in a decentralized exchange get pumped for 2hrs and there after dumped forever. Why do you think people still patronize these scamming project and not study good ICOs and buy?
That's usually happening if you're just new here thinking its easy to earn if you invest and wait without having a background check in the particular ICO. They just believe those promises of good return because of the eagerness to earn without exerting effort to do a research or asking for others opinion. But I think if you already experience to get scammed then you'll learn from that mistakes and become careful the nextime you invest, its part of the process I bet each of us (when we are still newbies) already experienced this before.
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