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Author Topic: 5 things you need to check before buying crypto  (Read 407 times)
Harlot
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June 15, 2019, 08:58:18 PM
 #21

Not everything can be seen in their whitepaper, some fake ICOs are caught even just by looking at their websites from fake team members to fake addresses you can spot them as well. Just by focusing on their whitepaper could lead you too participating on a scam project especially if its perfectly built. With how the article made it based on the whitepaper you can't really spot them especially when you are focusing too much on numbers 1, 3, and 4. They may have created a promising project based on what they want to do but if they are a scam you'll just end up losing your money.
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quarkfx
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June 16, 2019, 10:45:45 AM
 #22

Rather than go through all this, yet still get scammed, it's wise and best to simply invest in the BTC and very few well know alternatives.

Reading whitepapers don't help to spot a scam project, the best way to do that is to avoid them altogether(by investing in BTC).
reading whitepaper and roadmap is waste they put unreal goals and start scamming , I suggest is watch how team is doing about project only about project don't give importance to listing in exchanges and other site , see partnerships , and developing about project ideas   
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June 17, 2019, 08:27:32 PM
 #23

Going all through all these can still make you get scammed. It is better you invest in specific coins that are already popular like BTC, BNB, ETH, XRP and the other top 100 coins that are already trading.

Prospector_John
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June 18, 2019, 01:25:10 AM
 #24

Anothe thing to remember is that an idea may SOUND great, like we have a technology to revolutuonize supply chain, but in fact maybe thats an entrenched industry with mukti billionair players who could care less about an open source crowd funded tech that they can copy and implement in their own blockchain team that they invested millions into themselves.

It cant just be high quality and useful, it has to be usable. or in the long run its doomed.
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