Be aware, so many scam coins are around

[upyem2k]

Most of those scams came during the ICO days and I don't think we have experienced such since the inception of the IEO. I think with IEO, investors are protected to a certain extent in getting scammed.

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[ALLAH 1]

Thank you for this thread. This is true, most projects nowadays are scam. They are always finding new ways of scamming people. It's really sad that the moderators here are also supporting something dirty like this.It's true. There have many scam ico. Many investors lost their money for this. That's where the ieo came for more safety.

[Vektrum]

There have really been a lot of scam projects lately. I noticed that even old projects with MVP and a good idea may turn out to be scam after some time. Fraudsters began to organize ICOs in a more sophisticated way and so that they are not accused of being scammers, they gradually sell their tokens and when the price of the coin drops very low and many investors leave, they refer to technical problems or insufficient funding for the further development of the project. Thus, they promise to drag out time and force investors to quit the project and leave.

[Aldrinx00]

There's a lot more than those three that you said well until no strict regulations has been implemented regarding ICOS it will continue. I think it's time to prevent those scam coins to take advantage of the people.

[r_delossa]

Those scams are coming and coming and within time the are not getting reduced. Some strange things are happening on this market, because even projects with great team, product and so on are ending as a scam after several years of work.

[shadowduck]

Those scams are coming and coming and within time the are not getting reduced. Some strange things are happening on this market, because even projects with great team, product and so on are ending as a scam after several years of work.

we should all be ready for this and think about all altcoins as a position that needs to be closed on time and make our profit

[Black bro]

most projects are scams or scams,they try to get more profit without thinking about other people,from the beginning cryptocurrency emerged phishing cases always appear,we must be more careful to follow it,

[MikeyVeez]

You can add into your list: Privix. A coin with very good looking features - masternodes provided VPN service, so they had a real use case.
But someone hacked the coin / or developers dumped the coin so hard. The price fell from $7 to $0.1 in a day! Still there is no sign of recovery, so I expect it as a dead coin.

[Nickz46]

Exactly. We have to be more aware of adopting any kinds of coins nowadays because as the market grows scam coins are now also growing. We have to make sure tjat before investing with that coin, we have to make a goog plan of reviewing it. But, for all of us here, We dint have to be negatively think that all of the coins are scam bevause I can recommend you a coin that is really great and has a really good future in tjere, this is the Aci coin tokens that gave a good and quality kind of making profits.

[JC btc]

Exactly. We have to be more aware of adopting any kinds of coins nowadays because as the market grows scam coins are now also growing. We have to make sure tjat before investing with that coin, we have to make a goog plan of reviewing it. But, for all of us here, We dint have to be negatively think that all of the coins are scam bevause I can recommend you a coin that is really great and has a really good future in tjere, this is the Aci coin tokens that gave a good and quality kind of making profits.

That's why extra careful is always required, it's not because there are too many scams but the market is too volatile too and it's too risky if we put investment in a coins/tokens that will not make ROI for a long time and worst won't have development at all that will push their price up, because most of the altcoins that's what happening.

[magnum cyber]

yes, scammers always have ways to fool victims, including some of the ways you have mentioned above are their tricks to fool victims. many beginners get caught up in such projects, and don't be surprised if there are currently many projects going through telegram bot campaigns and requiring participants to send for example: 1 ETH and get 2 ETH. looks interesting, but there are still many users who take part in this project.

[preikaler]

yes, scammers always have ways to fool victims, including some of the ways you have mentioned above are their tricks to fool victims. many beginners get caught up in such projects, and don't be surprised if there are currently many projects going through telegram bot campaigns and requiring participants to send for example: 1 ETH and get 2 ETH. looks interesting, but there are still many users who take part in this project.

those who took part in the project might be because they still have little experience or are new to crypto. If that person has been here for a long time there is no way they would do such a stupid thing

[Latines]

I have been dealing with scammers ever since I started living) In cryptocurrency, as in any niche, people own everything. And people are very greedy, many do not care how to make money. Therefore, this warning should be written in the kindergarten. Repeat every day at school, so that fraudsters become smaller due to the fact that people will no longer buy their tricks.

[Rcoinmoon]

There's a saying in where I come from that says "BY THEIR FRUITS YOU SHALL KNOW THEM" so I can tell that 70% of projects in this space are scam, the legit ones are very few I know what am saying and have fallen victim for alot of them but never again I gotta be smart now.

[vanegl]

Thanks for the heads up. Many ico projects was fake, after they ico campaign they didn't show any proyect update nor did pay bounty participant. Always do your own research and triple check domains and addresses before submitting any critical information. Stay safe!

[Botnake]

Thanks for the heads up. Many ico projects was fake, after they ico campaign they didn't show any proyect update nor did pay bounty participant. Always do your own research and triple check domains and addresses before submitting any critical information. Stay safe!

just don't invest in ICO anymore whether it looks good.

The time of ICO popularity has already lapse, it's different time now, it's the time for IEO and this kind of platform is going to gain more investors in the market once the market is again bullish. As what we have witnessed now, slowly, bitcoin is bouncing back and so with altcoins, that's a good sign already.

[HabiebRiziq]

Thanks for the heads up. Many ico projects was fake, after they ico campaign they didn't show any proyect update nor did pay bounty participant. Always do your own research and triple check domains and addresses before submitting any critical information. Stay safe!

Indeed, at this time it can be said that ICO projects are no longer profitable and many new projects have ended in failure due to the large number of scammers which then makes investors hesitant to invest in new projects and I think investors now will prefer to invest into the top coins for minimize the risk of loss that they could get.

[Wipeout2097]

This is major problem nowadays,many scam project with shit coins taking place having no any worth in future. Every investor and the bounty hunters avoid from these kind of projects to save you time and energy.

Specially new comers and beginners want to invest r trade must research properly and go with popular coins with bright future,without knowing coins history and worth is just losing money or risking the money.

[malphite534]

In this case, to avoid being scam by shitcoins we need to take a very deep research about the said coins that may appear in the marketplace. Because scammers will always find a ways to fool anyone. But marketplace has alot of good coins to offer and has a future in investing just like the Aci coin.

[Sanugarid]

Thanks for the heads up. Many ico projects was fake, after they ico campaign they didn't show any proyect update nor did pay bounty participant. Always do your own research and triple check domains and addresses before submitting any critical information. Stay safe!

Indeed, at this time it can be said that ICO projects are no longer profitable and many new projects have ended in failure due to the large number of scammers which then makes investors hesitant to invest in new projects and I think investors now will prefer to invest into the top coins for minimize the risk of loss that they could get.

This is actually normal since money is involved. Scamming is normal in this sector that is why you should be aware when you are deciding, although it is normal that is not good so we should be informative in every steps we make. You can actually prevent that matter if you just study what they offer because some of them are honest because they want you to support their project but some are intentionally scam other people. Reading the whitepaper of every project is important because that is the documentation of the olans they want to achieve.