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Author Topic: Be careful of strange projects  (Read 56780 times)
macstrong12
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March 01, 2019, 05:41:54 PM
 #461

These days I avoid joining to ICOs or IEOs , very diffrent of that thing are coming up like STO , IEO , etc , New startups are trying to gather money in any way but in this bearish market it seem very hard, I just try to join to ICOs of binance like Fetch and bittorent , even though it is very hard to win in that competition .
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March 01, 2019, 06:47:43 PM
 #462

These days I avoid joining to ICOs or IEOs , very diffrent of that thing are coming up like STO , IEO , etc , New startups are trying to gather money in any way but in this bearish market it seem very hard, I just try to join to ICOs of binance like Fetch and bittorent , even though it is very hard to win in that competition .
It seems to me that over the past year, the developers of new projects are coming up with more and more new types of fraud, which does not bring any results for investors and participants in Bounty companies. It is very difficult to name such projects that would bring a good profit for the second half of 2018 and the beginning of 2019.
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March 01, 2019, 06:54:29 PM
 #463

These days I avoid joining to ICOs or IEOs , very diffrent of that thing are coming up like STO , IEO , etc , New startups are trying to gather money in any way but in this bearish market it seem very hard, I just try to join to ICOs of binance like Fetch and bittorent , even though it is very hard to win in that competition .
It seems to me that over the past year, the developers of new projects are coming up with more and more new types of fraud, which does not bring any results for investors and participants in Bounty companies. It is very difficult to name such projects that would bring a good profit for the second half of 2018 and the beginning of 2019.
in this case there are many aspects that must be assessed in order to be able to make a statement about the causes of the many undeveloped ICOs and the number of fraudulent projects. so I think there are a lot of developers who take advantage of this situation so I think being careful is the most important key

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March 01, 2019, 07:45:19 PM
 #464

You need to be very careful when choosing projects.
First of all, study the project team, learn about these people from reputable market players.
Then you can be sure that you will not be deceived and you will receive a profit for the work you have done.

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March 01, 2019, 07:45:27 PM
 #465

These days I avoid joining to ICOs or IEOs , very diffrent of that thing are coming up like STO , IEO , etc , New startups are trying to gather money in any way but in this bearish market it seem very hard, I just try to join to ICOs of binance like Fetch and bittorent , even though it is very hard to win in that competition .
It seems to me that over the past year, the developers of new projects are coming up with more and more new types of fraud, which does not bring any results for investors and participants in Bounty companies. It is very difficult to name such projects that would bring a good profit for the second half of 2018 and the beginning of 2019.
in this case there are many aspects that must be assessed in order to be able to make a statement about the causes of the many undeveloped ICOs and the number of fraudulent projects. so I think there are a lot of developers who take advantage of this situation so I think being careful is the most important key
I fully agree with you, because even with the current state of the cryptocurrency market, caution does not hurt. In any case, today we need to spend more and more time analyzing the market for ico companies and individual projects. Only by obtaining real results regarding the verification of all available information can one draw conclusions about the prospects of this project. I am sure that 100% guarantee of the project’s success cannot be guaranteed, even with a completely positive analysis result.
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March 02, 2019, 06:30:34 AM
 #466

The number of projects are increasing day by day. So it's became hard to find a good project.

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March 02, 2019, 06:36:43 AM
 #467

Yes, of course we have to be careful when looking for good projects and don't get caught up in the wrong project, many projects appear but not all have good potential, choose projects with clear goals and teams, this is important to do so that you don't get caught up in wrong project

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March 02, 2019, 06:38:47 AM
 #468

Yes, there are currently very many ICO scams and they use the name of the coin that is already popular. This is very strange when they cannot explain the product and the purpose of the project. At the beginning of the year, we saw several fraudulent projects such as ETCV. We must be careful and do research before investing.

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March 02, 2019, 09:55:12 AM
 #469

You have said it all, most investors just buys any with hype without making appropriate research.  I believe by now we have to be wise, forget all the hype and sweet mouth and go for what actually they can offer.
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March 02, 2019, 10:01:05 AM
 #470

Yeah, indeed. Strange projects need to be punished because they are the root of the scam of all the scams around the world.
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March 02, 2019, 10:37:48 AM
 #471

Guys, it have come to my notice that some criminal minded guys are busy creating tokens and using it to defraud people, example of those tokens are *ripple classic,stellar classic, eos classic*, becareful guys and don't fall victim to their sweet mouth, they are busy listing them  in almost exchanges and using that to brainwash guy.... Becareful and guard ur money like ur whole life depends on it
Your intension is good you make people in crypto have awareness. We need always to defense our token from these cheaters. They are everywhere in crypto and creating tokens that makes us believe and to capture us from there fishing net. Sad to say some big investor stops for a while because of these lazy cheaters wan't to scammed investors.
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March 02, 2019, 11:20:02 AM
 #472

you are right, all the coins are only camouflage so they can take money from investors and then leave.
but this risk has become a consequence of this investment, let's just say those who succeed are just lucky, as an person investors we must be able to choose the right project.

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March 02, 2019, 11:31:32 AM
 #473

Guys, it have come to my notice that some criminal minded guys are busy creating tokens and using it to defraud people, example of those tokens are *ripple classic,stellar classic, eos classic*, becareful guys and don't fall victim to their sweet mouth, they are busy listing them  in almost exchanges and using that to brainwash guy.... Becareful and guard ur money like ur whole life depends on it


Thank you for the advise but dont worry, because a lot of scam ICO projects busted last year, people are now arware with this. I observe that people are now much cautious about investing on new things. Scams and bad people are always there waiting for the moment you turn into victim. Dont fall for it.

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March 02, 2019, 11:51:40 AM
 #474

There are many very projects that conceal its true goals. There are projects that are configured to help their product in science, people. There are projects which aim to raise money and that's it) the Main thing to be wary of projects which goal is to collect money and carry out all sorts of bad things against society.
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March 02, 2019, 12:01:09 PM
 #475

Today it is hard to avoid investing in scammer projects. Scammers very carefully forge projects and pass them off as promising. And we realize that we have been deceived after a while, but nothing has changed.

With the right knowledge, you can tell and avoid scam projects. Look out for redflags by checking out team from LinkedIn page, plagiarised whitepaper, poorly designed websites and so on
I think there have been signs of fraud when a strange project has plagiarism or replica technology, not good in marketing, poor teams, poor websites, and lack of information and innovation. you'd better stay away from that project
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March 02, 2019, 01:32:59 PM
 #476

Guys, it have come to my notice that some criminal minded guys are busy creating tokens and using it to defraud people, example of those tokens are *ripple classic,stellar classic, eos classic*, becareful guys and don't fall victim to their sweet mouth, they are busy listing them  in almost exchanges and using that to brainwash guy.... Becareful and guard ur money like ur whole life depends on it
Not everybody get fooled by fake tokens and strange projects. The most people who get fooled by scammers are the ones who are new in cryptocurrency or people who don't have any knowledge with crypto. They should be guided by people who influenced them, so they could not to get fooled.

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March 02, 2019, 01:36:37 PM
 #477

Thanks for this information actually it is so sad that some people would want to tarnish the image of crypto by running all sort of scam projects. Any investor in this forum has to becareful these days and not to be fooled by some projects which makes a whole lot of unachievable goals. Stay safe people.

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March 02, 2019, 01:48:01 PM
 #478

Yep scammers are everywhere so people before investing money must understand what coin/token is that and why it was made we know scams becoming much more famous than normal projects.

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March 02, 2019, 01:51:12 PM
 #479

right because now a lot of weird projects are finally cheating. so to join or choose a project it's better to be careful to read and always be careful to avoid cheating projects

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March 02, 2019, 02:00:34 PM
 #480

Guys, it have come to my notice that some criminal minded guys are busy creating tokens and using it to defraud people, example of those tokens are *ripple classic,stellar classic, eos classic*, becareful guys and don't fall victim to their sweet mouth, they are busy listing them  in almost exchanges and using that to brainwash guy.... Becareful and guard ur money like ur whole life depends on it
Yes we must careful, that's why dont believe so much with the team says will give profits instant, huge profits and etc. Use your mind, great project start from begining so they need time to reach great price. Dont be fools bro. No one project will give you easy profits, crypto not make people rich fast. And also always check Scam Accusations thread in forum

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