Be careful of strange projects

[VukotLy]

To strange projects in the cryptocurrency market should be treated with caution.
If you do not study the project itself and do not make sure that the development team is decent people, then you can be deceived.
Spending time and energy you can be left with nothing.

[Coroline]

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

absolutely right, don't be easy to believe in new projects that promise profit, they try to cheat people to make a profit, so be careful if you want to invest in a new project

[nikola22]

the market situation made all the investors become very cautious and they keep away from strange and risky projects.

[daniel2023]

There is no how the criminal elements can be get ride off totally. some people have that mentality of cheating others but forgetting that what goes around comes around. One of the solution to checkmate menace is to screen every project careful. There are wolfs in the sheep clothes.

[mv1986]

There is no how the criminal elements can be get ride off totally. some people have that mentality of cheating others but forgetting that what goes around comes around. One of the solution to checkmate menace is to screen every project careful. There are wolfs in the sheep clothes.

And as soon as you come up with a certain set of rules the scammers will find ways again to circumvent them and deceive investors.

[cryptobae10]

like that just as it happens. therefore, we only focus on coin investments that already have the highest market cap, for example bitcoin or etherum.

Overtime I have discovered that relying on investments on the highest cap tokens like etherum and bitcoin is very volatile and highly risky; it leaves you in massive loss than profits if you are not careful

We need profits that only altcoins can provide unless you have a lot of capital for bitcoin or etherum investment

[rosebrand]

like that just as it happens. therefore, we only focus on coin investments that already have the highest market cap, for example bitcoin or etherum.

Overtime I have discovered that relying on investments on the highest cap tokens like etherum and bitcoin is very volatile and highly risky; it leaves you in massive loss than profits if you are not careful

We need profits that only altcoins can provide unless you have a lot of capital for bitcoin or etherum investment

the most important in my opinion if investing in coins that have a large volume of market capitalization such as bitcoin and ethereum, depends on our cleverness in taking every opportunity available and our patience must also be great because the coins are only good for long-term investment just long enough to be able to benefit.

do not need large capital to be able to invest in both coins because in each market must have a minimal limit on the amount of money to be invested, not only based on expensive prices so we must have a large capital to be able to invest.

[Godday]

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

the condition of the project now in my opinion is decreasing. the problem is that many projects are created for the purpose of deceiving people. therefore we as investors, we must be more careful with market conditions that sometimes make us get lost. because we need to know that the condition of the project will be safe if there are no cunning people, by making their own projects.

[terra_vival]

Never neglect and forget about the rules of safe storage. Money always attracts scammers and cryptocurrencies are directly related to this.

[cryptpedia]

money a dirty in general. and crypto is only following suit. it will be corrupted as money has always been. institutions will take over and turn it into something ininmaginable.

[kateycoin]

Lot of coins also created with the name of bitcoin too,so the investor need to know their coin before investing on it.I don't think people are much fool to find and differentiate in no time.

That's right it's important to know more about the project that we want to invest because it's not easy if that money will gone because this scammer and frauders. That's why we need to study everything about the project before we put our money on that. But I think cryptocians are wiser now and only begginers in this crypto will fall on that fraud unless they study it first about that project before they invest.

[ije07]

everyone can indeed make their own coins, they can also make good concepts, but the problem is that not everyone can develop their coins and concepts and therefore there are lots of coins and bad projects especially because there are some people who have no intention to develop it, from the start they only wanted money, because they thought ICO was very profitable so they only thought about how to make an attractive ICO then go after getting money, they were not at all concerned with the fate of investors and bounty hunters and I thought people it must be thrown out of this place

[BCTS]

I think that buying coins with the same name, only one unit, but a lot of projects, who presented their projects as something unique and unrepeatable, but in the end it's all garbage that people buy this is really a trouble.

[Raymondavid47]

A lot of them have defrauded many people. Their soft cap and hardcap are usually less than 400 Eth so it's not too difficult to raise. They usually get listed pretty fast and then the project goes side ways. I actually invested in one and I have learned my lesson.

[mv1986]

A lot of them have defrauded many people. Their soft cap and hardcap are usually less than 400 Eth so it's not too difficult to raise. They usually get listed pretty fast and then the project goes side ways. I actually invested in one and I have learned my lesson.

They also sometimes have high soft caps and then tell the public that they reached it to make the project look more attractive, but in fact they have raised nothing.

[jekainvestor]

Every time before investing into some coin or altcoin, it is better to check twice the information about the coin and really be attentive is there is any information about the new coin with the additional name like classic or something like that - is it true or false, because really there are too many fraud projects appear.

[mirgo1791]

projects as the use with those on returns with notables by evaluation helps as investors to makes with one as decision to work on extensive to defines with one on limitation as the spares on funds to put on scheme with investment on token of release with the ico project.

[radjie]

Scammers have many ways to make profits in the wrong way and can harm others, beginners are one of the main targets because they are not accustomed to trading in this field and can easily trust if given the lure of a big prize if they can buy this type of coin to be traded. but in contrast to those who are observant in trading, before they decide to buy coins to trade, of course they can carefully see more about the project that will be lived and see the people involved in it

[Yamifoud]

Scammers have many ways to make profits in the wrong way and can harm others, beginners are one of the main targets because they are not accustomed to trading in this field and can easily trust if given the lure of a big prize if they can buy this type of coin to be traded. but in contrast to those who are observant in trading, before they decide to buy coins to trade, of course they can carefully see more about the project that will be lived and see the people involved in it

They are fully equipped and are knowledgeable  enough than to us which they could possibly find someone to be their victims. But we are also aware for possible scammers involvement and their strategies which giving us some hints what we should do to be not of their victims. That's is why they couldn't succeed their plans and even caught for their bad intentions.

[Xalata]

The cryptospace is actually dangerous right now due to the escalating increase in the number of fake projects that spreading to every corner of the cryptospace. Thanks for the heads up with this information because most individuals might have thought this was some sort of hardfork by the main network hence a very legitimate ground of investment.