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Author Topic: not a rule! but it's about your common sense to avoid scam projects  (Read 3639 times)
Mrcharles
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September 05, 2019, 06:06:48 PM
 #21

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.

Am in full agreement with your opinion, in fact that should be the crux of our investment strategy in the cryptocurrency space. Investment here should be done with maximum care and an indept understanding that even in your diligence, something can still go wrong. The only way out is investing what you can afford to loose.
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September 05, 2019, 06:10:10 PM
 #22

I mean no matter what, never spend more money than you can afford to lose.
It is not even a good thing to lose what we have and since we must invest I have decided not to buy coin during Ico because of the past loses I have incurred. If I want to invest into any project I allow the market, that is the forces of demand and supply to determine the price in the exchange and if it is ok I invest and that has helped me for some time now.
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September 06, 2019, 11:18:52 AM
 #23

investing in the crypto market is very risky especially for beginners who have no knowledge at all about the market will quickly lose. so as long as you have high determination and are not afraid to fight the risk you will know how to invest properly in the market.

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September 06, 2019, 01:55:21 PM
 #24

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.
Good advice indeed but its not same for everybody,many investors are fully into IEO investment rather than ICO which no doubt mostly are scam projects,the only risk involve in IEO is investing on projects from new exchanges,many new exchanges lack liquidity and volume but IEO from big exchanges are almost all successful

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September 06, 2019, 02:29:56 PM
 #25



Regulations and its strict adherence is not and will not be the cure-all of possible scams that can affect the marketplace. Why? It is because scammers are so creative in concocting ways to evade the law and fool as many people around. Now, having said that, I think regulations can be helping a lot in minimizing the scams unlike in an unregulated environment where anyone who has basic knowledge on the blockchain and cryptocurrency can start a project, make a good crowdfunding effort for it and then when the revenues are at hand think of flying into an exotic paradise and hide there.
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September 06, 2019, 03:32:27 PM
 #26

I guess you mean "Regulation" and not "Regulasi". I had to Google the word to be sure it's not a coin or something.

Anyway, I agree with you on scammer mimicking decent projects... this's why it is important to thoroughly research any project before investing. I believe there are developers who are credible and know what they are doing. It is difficult to find such developers because you have to go through alot of whitepapers to find something meaningful.
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September 06, 2019, 03:38:01 PM
 #27

the most important thing in investing is patience and confidence, always consider the decision you want to make. because the current market situation is very weak, our patience is really being tested, plus many cases of project fraud and anyone must always be careful before investing in a project.
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September 06, 2019, 06:09:36 PM
 #28

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

yes and this is just how we evaluate projects, actually to guess whether it is a scam or not is very difficult? and investors also don't really know that they have put money in a safe place. but it is undeniable that many projects currently look legitimate and ultimately do not, but I personally will always be careful before putting money into any project.

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September 06, 2019, 11:01:19 PM
 #29

And never invest to a project or anything that you don't even know and understand. The problem starts as it gives domino effect when someone earns from cryptocurrency it will be spread like wildfire to his comrades and relatives.

Wherein they'll just understand that their very own guy invested to 'cryptocurrency projects'. And with an expected return that will have the same outcome as that guy they knew who invested. To save time, they'll just invest and won't conduct researches.

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September 06, 2019, 11:09:51 PM
 #30

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.
Good advice, but I think you few will listen) because people are greedy and to earn more money they will get into debt or sell their property






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September 06, 2019, 11:12:50 PM
 #31

If investors knew that it was a SCAM project, they would not invest in the project let alone spend their money.
But because of the cleverness of a SCAMMERS who succeeded in deceiving them with a project that looks very good so investors do not know about it.  Currently there are Hundreds of existing SCAM projects without us knowing it, we should still be careful to invest.
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September 06, 2019, 11:18:16 PM
 #32

the most important thing in investing is patience and confidence, always consider the decision you want to make. because the current market situation is very weak, our patience is really being tested, plus many cases of project fraud and anyone must always be careful before investing in a project.
Sometimes when we lose out of patience and invest in projects we have not even researched, the tendency is we have fallen into the scam ones. Majority of the projects today are only scams so we should be more careful and researchful so as not to invest our money on the wrong projects. We can also avoid being scammed if we chose too but it takes more studies and background research on the project for this to be realized.

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September 06, 2019, 11:49:49 PM
 #33

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.
That's why with a lot of experience in this case and that means we has been getting self educated from there, so many people are blindly investing without know about the real information or analyzation to the project itself. Crypto placed in the gray line and that means it's really vague to think if the regulation will help us a lot in this case.
I have been seeing a few times the crypto crime report is getting rejected by the local authorities.
To educated our common sense is something that is a must for everyone.
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September 12, 2019, 06:36:00 AM
 #34

agree with you and I also will never spend money on junk projects, the best strategy is when you don't spend your money entirely on ico projects and don't be tempted by big offers, it's just a mere mode! For example, 30% bonus from project investment, 30% x $$$ = at the end of 0. You will lose if you invest in the ico garbage project
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September 12, 2019, 06:42:29 AM
 #35

In fact, each of us should fail once, be deceived once in a lifetime. From those failures, you will suffer and that experience will follow you for the rest of your life.
But we also really need the knowledge to invest in ICO projects properly and reasonably, otherwise, we will face fraudulent projects or bad projects.

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September 12, 2019, 07:32:16 AM
 #36

Many words have already been said on this subject.There are no rules and patterns at all.It's hard to know scam projects.And the further-the more it begins to seem to me that everything depends on luck.
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September 12, 2019, 08:21:42 AM
 #37

Many words have already been said on this subject.There are no rules and patterns at all.It's hard to know scam projects.And the further-the more it begins to seem to me that everything depends on luck.

yes now this is a big challenge for prize hunters and project investors before taking part in the crypto industry. the reality is that projects that have a strong team and even have a good background are also not guaranteed that their projects will succeed, and I agree that it's about project speculation or luck.

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September 12, 2019, 08:36:50 AM
 #38

The scammer cases that occur in cryptocurrency is to make fake Coin or ICO offers with very large prizes, thus making investors interested in the programs they offer.
REMEMBER,,, There is no money that can be been easily obtained, this is the main basis that must be understood by investors. Investors should not dream too highly to get huge profits in a short time.
So before investing common sense must come first,,! so as not to misstep and regret later on.

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September 12, 2019, 10:17:36 AM
 #39

Scammers are very smart people and they have been able to identify what people already know scammers do and have evolved. Day in day out they change their tricks and develop new ways of scamming others. You just need to be vigilant all the time.

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September 12, 2019, 10:40:29 AM
 #40

well there will never be rules that make scammers afraid, I think to avoid scam projects is to research it yourself.
I pity the newbie who invests in crypto who doesn't understand it. I think they should be warned immediately.

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