Risk of scam ICOs is more during Bull phase

[apirmalakas]

I think the risk that the ico is scam is same at both bull and bear markets. In fact, good icos tend to become sh*t projects during bear markets because their value drops and their liquidity massively affected. It also affects their implementation and spending for their activities mentioned in their whitepaper.

[Bourn1993]

yes you are right. to protect us from this kind of threat we should be alert before investing. we should analyis the full details of the project where we want to invest. firstly we should look on their project purpose, their background. to analysis all of these then we should go  for this.

[Catesknee]

Scam is a kind of threat in crypto market. we should be careful before investing in any project. when the time of bull market people mostly get scammed on this time. we should analysis the market before investing.

[jamota]

There are currently many frauds in the ICO project. There must be more restrictions to release ICO projects to make the creators of these projects more serious and reduce scamming. And obviously people must be more careful and prevent more fraud victims from falling.

[gloomyz]

Yes, it's true that the risk of fraud increases during the bull phase. Transactions increased during this time and the price was also quite good. This makes it more vulnerable to fraud. So I would suggest all to be more careful in transactions so far. I think that people who invest in cryptocurrency must be very careful when choosing coins. We have to be aware of this and have to check it before investing. There are many ICO projects that work well and investors can also get benefits easily. But because some researchers are fake, people are afraid to invest in crypto coins.

[BounderbyMAX]

i agree with you. there is high chance to get scammed when the price of the market increasing rapidly. we should be aware when investing in a ICO.

[arsenti]

I actually makes sense from a logical point of view...if people are so enthusiastic and make a lot of money during a bull market, they become careless and throw the money at projects more easily, often without doing the required due diligence. 

[matchi2011]

i agree with you. there is high chance to get scammed when the price of the market increasing rapidly. we should be aware when investing in a ICO.

Scammers indeed are much wiser nowadays as they knew that investors can be moved when the value of the market are pushing high, when bull start to show up, they easily adopt and make their own way to earn, you will never knew but we need to be more careful not because we are seeing potentials
we will not investigate deeper, its still needs to be well studied before doing anything.

[zeze18]

We have seen few scam ICOs.  I think during Bull phase when prices are rising every day; people are very much enthusiastic to invest in Alt coins by directly buying from the market and from the ICOs.  More and  more people then want to buy more and more coins because the price are rising day to day.
So as per my opinion the chances of cheating by scam ICOs are more while there is bull phase and the rising market.  So in a greed to become rich overnight, people sometimes buy such coins.  Even inexperienced people with greed; enter the market at those times; they become the easy target of such scams.
And during bear phase when the markets are falling; even good ICOs are finding it difficult to attract sufficient investors; so the chances of scam ICOs are low.
But I think we shall always be alert before investing; but more alert during rising market.

yeah but lately many ICO postponed their sale due to market low.
So, the developer of the project won't sell their token cheap, it's a marketing strategy

[akihiro101117]

We have seen few scam ICOs.  I think during Bull phase when prices are rising every day; people are very much enthusiastic to invest in Alt coins by directly buying from the market and from the ICOs.  More and  more people then want to buy more and more coins because the price are rising day to day.
So as per my opinion the chances of cheating by scam ICOs are more while there is bull phase and the rising market.  So in a greed to become rich overnight, people sometimes buy such coins.  Even inexperienced people with greed; enter the market at those times; they become the easy target of such scams.
And during bear phase when the markets are falling; even good ICOs are finding it difficult to attract sufficient investors; so the chances of scam ICOs are low.
But I think we shall always be alert before investing; but more alert during rising market.

you observations and conclusions are in line but there are also big chances of getting good ICOs during the bull run because it is the time where it is good to promote projects. my advice is do an intricate research on what you are investing.

[SeNeor]

We have seen few scam ICOs.  I think during Bull phase when prices are rising every day; people are very much enthusiastic to invest in Alt coins by directly buying from the market and from the ICOs.  More and  more people then want to buy more and more coins because the price are rising day to day.
So as per my opinion the chances of cheating by scam ICOs are more while there is bull phase and the rising market.  So in a greed to become rich overnight, people sometimes buy such coins.  Even inexperienced people with greed; enter the market at those times; they become the easy target of such scams.
And during bear phase when the markets are falling; even good ICOs are finding it difficult to attract sufficient investors; so the chances of scam ICOs are low.
But I think we shall always be alert before investing; but more alert during rising market.

Yes, I also agree with you that the rate of scam is always high during the bull market because everyone wants to make profit by all means but if we are very careful and take our time to do a research before investing in the project, we will not fall victim of scam.

[SeNeor]

We have seen few scam ICOs.  I think during Bull phase when prices are rising every day; people are very much enthusiastic to invest in Alt coins by directly buying from the market and from the ICOs.  More and  more people then want to buy more and more coins because the price are rising day to day.
So as per my opinion the chances of cheating by scam ICOs are more while there is bull phase and the rising market.  So in a greed to become rich overnight, people sometimes buy such coins.  Even inexperienced people with greed; enter the market at those times; they become the easy target of such scams.
And during bear phase when the markets are falling; even good ICOs are finding it difficult to attract sufficient investors; so the chances of scam ICOs are low.
But I think we shall always be alert before investing; but more alert during rising market.

Yes, I also agree with you that the rate of scam is always high during the bull market because everyone wants to make profit by all means but if we are very careful and take our time to do a research before investing in the project, we will not fall victim of scam.

[BTCPair1000]

A year ago's stellar execution of crypto tokens is by all accounts the reason which is driving most crypto bulls into new ICO extends in expansive numbers.

[SnodGrass74]

An underlying coin offering is a raising money technique where new ventures offer their crypto tokens in return for different cryptographic forms of money like Bitcoin and Etereum or fiat cash.

[PurpleTulle]

We have seen few scam ICOs.  I think during Bull phase when prices are rising every day; people are very much enthusiastic to invest in Alt coins by directly buying from the market and from the ICOs.  More and  more people then want to buy more and more coins because the price are rising day to day.
So as per my opinion the chances of cheating by scam ICOs are more while there is bull phase and the rising market.  So in a greed to become rich overnight, people sometimes buy such coins.  Even inexperienced people with greed; enter the market at those times; they become the easy target of such scams.
And during bear phase when the markets are falling; even good ICOs are finding it difficult to attract sufficient investors; so the chances of scam ICOs are low.
But I think we shall always be alert before investing; but more alert during rising market.

I agree that the risk of scam during bull phase is high, but some projects choose to put their ICOs on hold during unfavorable market conditions or at least till the market attains some form of stability. I know for example that MF Chain shifted its ICO date due to the current trend of the market, but just because an ICO holds during bear phase doesn't necessarily mean it is legit and the same also goes for ICOs during bull phase.

[SnodGrass74]

We have seen few trick ICOs.So according to my assessment, the odds of tricking by trick ICOs are progressive while there is bull stage and the rising business sector.

[CorneliaMarket]

It is a great article about ICOs scams. Yes,regarding the market up and down,the scams are becoming more viral and dangerous. People should know how to avoid the scams.

[Beity]

ICO scam is a dangerous thing that happens regularly with the users. But all should know how to avoid them by following some easy steps like avoid malware download, avoid easy and unbelievable profit policy offers etc.

[Docnaster]

Doesn't really matter, so long as people do their due diligence, the odds of being scammed by an ICO is actually extremely low. I have lost track of the number of times I've investigated a potential ICO investment option, only to be turned-off by something or other. Typically, I find out news later down the line that the ICO was actually a scam.

Luckily I haven't been stung by any of these yet. But for real guys, do your damn research before investing. If everything isn't exactly PERFECT do not invest as you WILL lose your money.

[fourplealise]

yes you should be careful about you investment. you should justify before invest. scam are more harmful for investment. it will destroy your investment that's why you should aware about scam ico.