not a rule! but it's about your common sense to avoid scam projects

[SquallLeonhart]

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 don’t even believe that never spend money you can't afford to lose, I am so stingy to the extent that I cannot afford to lose even 1 cent of my money, I would rather prefer to give the money I would have risked on a project that I am not sure of to the beggar than take the chances on risking it on a project that I am not certain of. If it takes me to participate In just one project in a year, I don’t mind, so far it is a genuine one.

I am someone that takes my time to thoroughly research on a project and if there is any project that I have just one single doubt about even if they had looked perfect up to 95% , I would dust them off my site and never go back to revisit them again. We need to learn to spend quality time in making a very thorough research on these projects before we invest our time in them.

[Maturnuwun]

agree with all of you, don't ever spend money just on junk projects. manage your financial management well in investing in the crypto industry.

[gunhell16]

SCAM is a simple word yet the most destructive in the world of cryptocurrency and investment.
There are many things to do to see them but not a 100 percent accurate, after a day or decade! still its the team behind it.
We can check those team members, their plan and the future, the product and the project.
Their websites and ICO or IEO, those are good facts to check but at the end! if they are here to do scam they will still do it.

[martina14]

I've seen some good project which had a good ICO.
MOYA NETWORK who hit more than the softcap. The team always update the investors and BH with good videos from the team and CEO.
Yet, they abandoned the project and run with the money.
There are some projects who turned like this.

[mr_random]

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.

The luck factor is not the main determinant that explains the success factor in investment decisions. Scam projects have been here and there is no way to prevent the scam projects completely. The root of the scammers is long and their methodology is larger than the understanding the majority of the investors.

There are trading patterns exposed by the pro traders, it only becomes clear to the new traders after learning through making mistakes in the market. Everything does not depend on the luck, there are skilled traders who can make a "luck" factor offside. Investment decisions are not game,you are paid for the good results but you will gain experience in case of unsuccessful trades in the crypto market.

[Ryan Dugan]

For me I think if the team as not shown any progress and the way they handle their bounty tells a lot about them. From the beginning the project must differ from others and have some way of moving forward.
Not just pretty colours and lights and as tory of what they want to happen. Things must be implemented and not just "we plan to" Actions speaks louder than words. Allow projects actions to speak for themselves before you even consider investing or supporting them.

[Emilyp]

Regulation is the best way out of this thing to stop scammers from proliferation of decent projects and also maximize the abilities of projects to achieve their full potential in the market.

[Viceroy]

I would make this phrase a moto on every site concerning crypto! Because it’s not that hurting to lose money when you still can pay the rent.

[Jolly.Roger]

Regulation is the best way out of this thing to stop scammers from proliferation of decent projects and also maximize the abilities of projects to achieve their full potential in the market.

Regulation in no way can ensure the success of the project and the growth of investments, so do not rely too much on it.

[aemma]

You made valid points, it's not about regulations it about us being wise. Most people are drawn towards a project just because of what we have heard or the hype around it without doing our research and in most cases backfires at us. The truth has always been that, if we fail to protect ourselves, scammers will continue doing what they do.
IEOs are are now the latest trend, and no matter the exchange due diligence should be taken always so as not to blame anyone if it doesn't go as expected.

[bigcash2011]

What you have posted is nothing but simple rule of investing, i have always been against who take loans, selltheir property or other assets and try to go all in to make quick gains but we have seen this strategy has mostlyback fired especially in last years when mostly market has moved down only, although many people have already changed their lives by investing in crypto market but still i think everyone needs to be careful and avoid risk as much as possible, do not get trapped or spend remaining of your life in debt by following all in strategy.

[Rikotin]

I fully agree with you, investing should not depend on people or speculation of random people. because what determines your destiny in this industry is you. before investing do every detailed research about the project especially the team & developer.

[Insomnia family]

agree with all of you, don't ever spend money just on junk projects. manage your financial management well in investing in the crypto industry.

easy to say but the fact is very difficult. no investor wants to invest money in scamers, anyone who wants to invest has gone through in-depth research and no one will know that the project turned out to be rubbish. but I agree with your points about financial management, investment is very high risk and you need to manage your finances wisely.

[lienfaye]

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.

Thats why conducting a research is a must to avoid yourself ending up in a scam project.

Before putting your hard-earned money to any investment make sure that you are prepared for the outcome because its better to have less expectation.

[joybella]

Scammers are the most well articulated individuals I've come across. ICOs will take place, the communication is good, activity is good most go to list on high exchange and before investors know what's happening, they're off the market.

[torpedo]

As soon as you take responsibility for your life, you no longer wait for regulations, police or anything to fix the matter. You do it yourself.

[magnum cyber]

very wise of every word you say, but I also admit that there is no right way to fight scamers. Scamers are the biggest problem in the crypto industry like most cases of project fraud, a valid team and experienced developers, big bonuses, and quality products. all that is not a guarantee of the success of a project and in fact it is a form of strategy to attract market investment.
but I don't think regulation is a bad idea, but who will regulate it? is it the president or the government? As far as I know many countries are not ready to accept the presence of crypto and some even oppose this industry!

[dataispower]

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.

This is one of the best straight forward post I've seen recently, there is no 100% rules we can use to detect scam projects or projects that won't be successful. You just need to invest what you can afford to lose, that's it. Using common sense in most cases is the best approach, do not invest because an influencer is promoting the project for instance, maybe people got burnt in Sparkster for observe after the hype.

[NathanJB]

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.

This is one of the best straight forward post I've seen recently, there is no 100% rules we can use to detect scam projects or projects that won't be successful. You just need to invest what you can afford to lose, that's it. Using common sense in most cases is the best approach, do not invest because an influencer is promoting the project for instance, maybe people got burnt in Sparkster for observe after the hype.

There has to be a combination of good research, common sense, risk management, or even a little of luck. But more than the rest, it has to be research that occupies the foremost spot if an investor wants to give worth to his money. It is always advised that an investor should only invest what he can afford to lose but that does not mean that since he can afford to lose a certain amount, he will just invest it in whatever random project. He has to also learn to take careful steps so that not a single USD or centavo will go to a scam. That is how an investor should think.

[BlackFor3st]

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.

Yes, I agree that we should not invest the money that we can't afford to lose so we will not cry in the end if the investment will go wrong as there is always a risk in every investment.

Common sense is not enough to avoid scam projects as the scammers are evolving everyday and we cannot tell by our common sense only whether that project is genuine or scam. There are plenty of factors that we need to consider if we will lessen the chance to be scam like use our common sense, knowledge about the project,team,their partners and etc.