Kemangi (OP)
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September 05, 2019, 03:37:33 AM |
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Regulasi aren't a golden bullet against scammers. As all those things become more obvious to the general public, scammers evolve to mimic decent projects with almost impeccable efficiency. Still, the most reasonable rule of investment isn't about ICOs or IPOs, it's just about your common sense. I mean no matter what, never spend more money than you can afford to lose.
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Jpti
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September 05, 2019, 04:49:52 AM |
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With cryptocurrency becoming so popular and being adopted widely, scammers are more active in the market looking forwards to cheating and scamming investors and bounty hunters. So we have to use our common sense and research before going for any bounty projects. We must report and discourage scam projects.
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===================================================== BILLCRYPT - CREATING HISTORY=====================================================
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etherclassic
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September 05, 2019, 06:09:57 AM |
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Regulasi aren't a golden bullet against scammers. As all those things become more obvious to the general public, scammers evolve to mimic decent projects with almost impeccable efficiency. Still, the most reasonable rule of investment isn't about ICOs or IPOs, it's just about your common sense. I mean no matter what, never spend more money than you can afford to lose.
I agree with you when we make investment in cryptocurrencies the projects must have regulation because it will protect the investors of scamer, however the cryptocurrencies projects (ICO, IEOs projects) mostly of them are start up and they does not have real of businesses and products. Also never spend more money than we can afford to lose is part of risk management investment in cryptocurrencies space, that's why we need planning on investment than just think about the profit from investment.
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Freescan
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September 05, 2019, 08:43:18 AM |
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Basically there are many ways that scamers do to deceive investors, one of them by imitating an old project and copying it back to make it look real. but my suggestion before joining any project is highly recommended to research first about the background of the team and also the developer.
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pinoy.bolanon
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"In CryptoEnergy we trust"
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September 05, 2019, 09:00:44 AM |
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Crypto is becoming more universal topics this time, people tend to invest with or without knowledge and we could not blamed them, its just that they should be aware of what they are investing, and you are correct, common sense is the important thing and invest only on what you can afford to lose, and leverage investments is also important, rather than investing in a single project.
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Alisha FR
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September 05, 2019, 09:03:03 AM |
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Regulasi aren't a golden bullet against scammers.
Regulations cannot guarantee a project is a scam or not, but regulations provide guarantees for us about the security of a project, for example, we choose projects whose regulations are given by a country, then the possibility of the country providing regulations also protects the security of the project, so why do projects that have regulations have fraud? I think it's because fraudsters instill rules or even the names of public figures to make their projects as if they have legitimate rules.
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Kang TB
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Revolutionizing Reward Points
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September 05, 2019, 09:03:49 AM |
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Regulasi aren't a golden bullet against scammers. As all those things become more obvious to the general public, scammers evolve to mimic decent projects with almost impeccable efficiency. Still, the most reasonable rule of investment isn't about ICOs or IPOs, it's just about your common sense. I mean no matter what, never spend more money than you can afford to lose.
"never invest more than you can afford to lose" is the basic rule on investments for everyone so, we should know where is the right place to drop our money and the best way to avoid scam projects is by doing a deep research on all sides from the project especially with their team member because a project will success or not is depends on their team
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joseyphil82
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September 05, 2019, 10:50:55 AM |
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Regulasi aren't a golden bullet against scammers. As all those things become more obvious to the general public, scammers evolve to mimic decent projects with almost impeccable efficiency. Still, the most reasonable rule of investment isn't about ICOs or IPOs, it's just about your common sense. I mean no matter what, never spend more money than you can afford to lose.
Using common sense is good but at the same time its still all about decision making,even if you want to invest the money you can afford to lose its still money,not paper, so you will still think about the money you lose,the difference is it won't hurt much, so the fact is you can't predict what a project will turn out to be even when you do research,either you invest little amount its still a lose if anything goes wrong
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omone1
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September 05, 2019, 02:40:11 PM |
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Some scammers are perfectionist. We saw projects like ethereum classic which gained a great momentum on this forum and was later flagged and some sturbborn persons still went ahead to submit their private keys to them and they loss their fund. I am still wondering how a good project like MiracleTele could be half dead. One needs be careful with new projects.
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Bitbtc8
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September 05, 2019, 02:55:19 PM |
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Its not as easy as you said,to avoid scam projects is very hard because we have different type of scammers in this crypto space,some are not that good so you can easily fish them out but some scammers have grade that when the finish building a scam project it will looks almost 99% real,this type of well made scam projects will only turn scam when they feel like and i bet you won't saw it coming
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pandanaran
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September 05, 2019, 02:56:43 PM |
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actually all of this depends on experience. if you are an old investor certainly know how to put your money in the right place. if you only speculate and don't have experience in investing, you will never know about the project. I'm not a crypto expert but at least I won't put money in the wrong place.
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royalfestus
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September 05, 2019, 02:57:03 PM |
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With cryptocurrency becoming so popular and being adopted widely, scammers are more active in the market looking forwards to cheating and scamming investors and bounty hunters. So we have to use our common sense and research before going for any bounty projects. We must report and discourage scam projects.
Most projects with scam bounties might need hunters go after the BM. Some BM have bag full of scam projects and some with fewer and some none. I have queried campaigns without announcements on this forum, maybe if we cant start querying project from that angle before they ever push bounty to us, some will understand how to research projects and rate the project before marketing .
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Byakuga
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September 05, 2019, 04:07:44 PM |
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Regulasi aren't a golden bullet against scammers. As all those things become more obvious to the general public, scammers evolve to mimic decent projects with almost impeccable efficiency. Still, the most reasonable rule of investment isn't about ICOs or IPOs, it's just about your common sense. I mean no matter what, never spend more money than you can afford to lose.
You are damn right and at the same time every penny lost will count,if you invest money you can afford to lose in 5 different projects and all turn to scam you will feel hurt,we are human and we all have our limits of endurance,instead of relying on the amount you can afford to lose its better to learn how to do better research on projects first to cut your loss short
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Mila52
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September 05, 2019, 04:11:35 PM |
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Today, for community cryptocurrency is one of the way to preserve a assets. Therefore, more and more scammers are trying to earn on this. In order not to lose your investments, conduct a qualitative analysis of the team and the project. And invest as much as you are not afraid to lose.
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Ss4sukE
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September 05, 2019, 04:46:04 PM |
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the rules that apply will not completely stop scamers in this market because they will never stop as long as you don't keep your money in a safe place. investing is a very high risk and it is important you can manage your financial management properly.
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Coltpython
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September 05, 2019, 04:57:57 PM |
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Regulasi aren't a golden bullet against scammers. As all those things become more obvious to the general public, scammers evolve to mimic decent projects with almost impeccable efficiency. Still, the most reasonable rule of investment isn't about ICOs or IPOs, it's just about your common sense. I mean no matter what, never spend more money than you can afford to lose.
It is just a thing that will always happen. Scammers won't stop trying to fool gullible investors into losing their money on shady investments. The onus is on us to wise up and see through the mist of scam they push to us. As for me, I need to see your project is already working before I put money on it
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confreslamp
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CINEMADROM ⥋ BLOCKCHAIN FILM PLATFORM
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September 05, 2019, 05:16:20 PM |
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Nobody wants to promote/participate in scam projects, but the problem is that even projects that seem legit are going scam within several years of work. What I am trying to say it has become extremely difficult to detect really legit projects out there.
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||bit
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September 05, 2019, 05:47:02 PM Last edit: March 14, 2022, 10:51:10 AM by ||bit |
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I don't think anyone would like to participate in a scam project but because they are not telling they are a scam and sometimes it is very hard to recognize, people are falling for them.You have to do lot of internal verification of the people involved in the project.If the project is scam, the people who defined to involved also to be scam. So background verification is enough to find the scam project
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Bodarbala
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September 05, 2019, 05:49:26 PM |
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Today, for community cryptocurrency is one of the way to preserve a assets. Therefore, more and more scammers are trying to earn on this. In order not to lose your investments, conduct a qualitative analysis of the team and the project. And invest as much as you are not afraid to lose.
As the crypto community is already expanding, more scammers too are entering in this market. If we cannot stop them from doing such things so we should learn how to manage our finances not to be invested in a wrong project. We should always make consistent research on the background of the project and the staff behind it because they are the big factors that will determine if a project is legit or not. Our money will always be at risk so we should never waste it putting in a scam project. Sure, encryption has become very popular, This is a real reason that more fraudsters are joining the market. My note is that these crooks really understand our feelings and can control them and deceive us with the simplest tricks to fuck them.
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Findingnemo
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September 05, 2019, 05:52:03 PM |
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Regulasi aren't a golden bullet against scammers. As all those things become more obvious to the general public, scammers evolve to mimic decent projects with almost impeccable efficiency. Still, the most reasonable rule of investment isn't about ICOs or IPOs, it's just about your common sense. I mean no matter what, never spend more money than you can afford to lose.
So you are justifying money to lose on the scam projects when its affordable for you to lose? Scam projects can be avoided when we know what the project is actually about too but there is no perfect or assured way to tell a project is scammy or legit until it happened.
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