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Author Topic: Why do people believe and invest in fraudulent ICO?  (Read 3301 times)
iwah
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November 22, 2018, 12:53:06 PM
 #141

I believe no person will knowingly would want to or will invest in a scam ico, most people who invest in an ico did so because they don't know, its either they don't do research very well or because they are greedy.

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abubakar.tapo
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November 24, 2018, 02:18:31 PM
 #142

People believe and invest in a fraudulent ICO for a simple reason - this is human greed. Indeed, ICO projects can bring huge profits. The greed of people often leads to gains and success, so people resort to a certain risk in their decisions and steps towards quick earning. Risk in crypto is faith in ICO projects.
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November 24, 2018, 03:04:58 PM
 #143

Should I sell a crypto now?
Sendi blackspade team
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November 24, 2018, 03:08:06 PM
 #144

in fact no one believed, they were just fooled. their cheating is very invisible. That is why there are investors who are not very careful in analyzing projects and can be fooled into a project scam. as well as bounty hunters, it is indeed very difficult now to choose the ico project.
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November 24, 2018, 03:10:41 PM
 #145

Because it is in such projects that there is a lot of PR, as well as a very serious team of marketers who know how to hook people’s mind very much and try to work with it increasing the conversion.
uralcryptocoin
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November 24, 2018, 03:16:43 PM
 #146

As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

The situation could be changed if the government regulation will be. Will it good or bad - who knows. And indeed is it really needed? Now ICO-world is like wild wild west. Just a chance to get fast profit

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November 24, 2018, 03:20:14 PM
 #147

That's because most people here are new to investing and i am sure that they don't even know what project they invest in, most of them only listen to youtube and someone says this is a good project and believe it immediately, same with shill post on telegram and other source. If people bother to check the project first, they will find a lot of red flag that will prevent them from getting scammed.

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Ini35
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November 24, 2018, 05:02:24 PM
 #148

As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
If those who fell victims of scam ICOs knew they were scam, they would not have invested. I was once a victim of this, but that made me wiser and helped to to be able to decipher more between genuine and scam ICO. Sometimes, one does not need to be afraid when taking some steps, but you must have also done your research. So many of these scam projects have also made their money, but it's high time we did not allow them again.
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November 24, 2018, 06:46:07 PM
 #149

What to buy now?
fedben
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November 24, 2018, 06:51:59 PM
 #150

No one wishes to invest in a fraudulent project. If I know a project will appear to be a fraud thereafter, I would not be so daft to invest in sch project. No one really knows whether a project is a scam at the onset. One just needs to be wise enough not to fall into their trap.

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November 24, 2018, 07:11:44 PM
 #151

People believe and invest in a fraudulent ICO, because today it is difficult to understand where the fraudster is. Scammers skillfully make themselves real.
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November 24, 2018, 08:50:58 PM
 #152

There is no one who wants to invest in ICO scam. All who invest in ICO scam because they don't directly ICO scam with good ICO. I think like this, there must be special treatment immediately and until now this situation has not changed.

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November 24, 2018, 11:30:42 PM
 #153

I think that people just want to make a profit and still believe in ICO, as beautiful pictures with beautiful inscriptions and the opportunity to get three times more just by giving for example $ 100 for three months. I don't understand why people still invest in ICO.
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November 24, 2018, 11:42:13 PM
 #154

in fact no one believed, they were just fooled. their cheating is very invisible. That is why there are investors who are not very careful in analyzing projects and can be fooled into a project scam. as well as bounty hunters, it is indeed very difficult now to choose the ico project.
That's true. If someone knows that the ICO is a scam, then I think it's impossible for her to invest. They did it because they don't even know that the project is a scam, we know that it's very difficult to know whether the ICO is a scam or not now.

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November 24, 2018, 11:51:06 PM
 #155

That's what we call taking the risk. I don't think investors would ever know if a project is fraudulent or not in the first place. Coz if they did, why would they even invest into something they knew would be a loss?! This is simple logic and common sense.

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November 25, 2018, 02:33:58 AM
 #156

The very moment to buy?
maligu
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November 25, 2018, 06:22:02 AM
 #157

This is usually caused by greed, and human greed can get you into trouble and lose your judgment. Investors who are still investing in ICO are crazy, and they imagine the market will get rich overnight in 2017.

Nikolas_the_Wonderworker
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December 07, 2018, 05:53:07 PM
 #158

I agree with you that in cryptography we need knowledge. At the same time, I feel that I need to conduct day trading. Who ventured and invested, are millionaires today. Patience and time are key here. This is a great opportunity to invest in the crypto market today, when the price of ethereum has fallen to a two-digit value - $ 91.
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December 07, 2018, 06:17:48 PM
 #159

No one in his right mind will intentionally invest in something that he is sure of failing. Most of the time when people invest in such platform they do so with the hope of making money from it but the issue is that most investors don't do thorough research about a project before rushing to invest their hard earned money into it.
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December 07, 2018, 11:53:29 PM
 #160

I have always been surprised that people continue to invest in new fraudulent projects or new financial pyramids and convince themselves that they are right and this is really the best product in the world.
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