Many ICO / altcoin scams?

[arifteguhr]

2018 recorded high level of scam and unsuccessful projects in crypto and this has been one of the major banes to the smooth progress of most of the original projects on the market now because some investors are now afraid to invest. It is always good to perform research on the project before investing in them.

This year is also a record because there are so many scam projects. not many people are aware of this fact that in 2019 there are also many problems regarding the many scam projects this year and of course this is very detrimental to many people. hopefully this can make us more careful in investing not to be careless

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[BigBos]

If you want more profitable investment, don't get into ICOs because they are dead now and the new trend is IEOs which are better than ICOs because they are efficient because they are already listed in an exchange and there is a bigger chance to make a profit in IEOs compare to ICOs because the hype is better as long as you join into big projects and not to those sketchy IEOs.

Majority of crypto enthusiasts know that ICOs are extinct currently, maybe newbies still invest in ICO. Everyone knows that IEOs are more beneficial right now, but this doesn't mean one should invest blindly even in the so called big projects or on big exchanges. Before making any investment, risk management should be considered as well as proper due diligence.

the most striking difference between IEO and ICO is the way it is sold, and also the availability of exchangers. Until now, there have been quite a number of ICOs that have become scams, and this has made investors choose IEO over ICO. However, although many ICOs are scams, not all ICOs have this potential. some ICOs clearly have very good concepts, only the lack of research makes us not see that potential.

caution in investing in the internet is needed now if you are still interested in it. whether it's ICO or IEO, consideration is indeed very necessary to invest now that there are quite a number of risks.

[Philomina]

Absolutely, everyone should think of security and safety first when venturing into cryptocurrency. Don't be deceived by many projects that claim to be real or have good team, extensive research must be carried out by anyone who wants to succeed in this space.

[Savemore]

According the report in the article https://medium.com/@sherwin.dowlat/ico-quality-development-trading-e4fef28df04f more or less 81% ICO turned out scams. This is data from 2018 year but to be honest trend is predictable.

Higher percentage of ICO scam above 81% ICOs project listed or not on exchange market are scam, some ICO scam without listing with exchange market and woner have run away without give feed back for investor to get profit, almost ICOs project scam by listing with shit exchange and have lower price than ICOs. How long you hold ICOs coins price still down and never touch how price on ICO time.

Low volume altcoins can be considered as scam altcoins. There is no market participants and it is the reason why we should never buy altcoins that you think a scam. The result of our wrong decisions is a loss.

[ardentvolcanoes]

According the report in the article https://medium.com/@sherwin.dowlat/ico-quality-development-trading-e4fef28df04f more or less 81% ICO turned out scams. This is data from 2018 year but to be honest trend is predictable.

Higher percentage of ICO scam above 81% ICOs project listed or not on exchange market are scam, some ICO scam without listing with exchange market and woner have run away without give feed back for investor to get profit, almost ICOs project scam by listing with shit exchange and have lower price than ICOs. How long you hold ICOs coins price still down and never touch how price on ICO time.

Low volume altcoins can be considered as scam altcoins. There is no market participants and it is the reason why we should never buy altcoins that you think a scam. The result of our wrong decisions is a loss.

The results of our ignorance is losing our valued money, we all needs to bring more engagement with projects that we are willing to support, don't invest with shitty/scummy projects that will only lead our investment to suffer. Most of the time people who take time studying and researching take a bigger slice of opportunities around this market.

[pepper_hot]

yes, surely many of them scams, but not all, we can see very good concepts on those project and every time we want to think of that, hawk network project has a ideal concept and i followed that, you can take a look on that as link below https://twitter.com/Hawk_HKC/status/1185539270456553472

[zidanw]

Absolutely, everyone should think of security and safety first when venturing into cryptocurrency. Don't be deceived by many projects that claim to be real or have good team, extensive research must be carried out by anyone who wants to succeed in this space.

It's not easy to be sure even though their team is genuine because some scam projeck also put the original team and in the end also a scam. now we better not invest in any ojeck if we are not ready for losses. due to the fact there are also many who lose large amounts due to invest in the ICO or IEO project

If you are interested it is better to choose a project that has been listed on the exchange because it already has the original price at the time of sale with a bonus offer besr but when the listing price drops to 90% it's the same. I have several times encountered the project with this and it is clearly detrimental to investors who already believe in investing but are at a disadvantage

[Aying]

We know that all investors now are afraid to invest on ICO projects without good quality services and products. but most of ICO projects are great. one thing that might look them scam because of not succeeding of what they aim. lots of users now are finding a thing of a project that looks interested and most of ico project didn't have that so we do not blame other investors if they not believe it.

[ongkok87]

This has been happening for a long time, but more and more fraud lies in 2018. There are many fraudsters who easily make a new project every time they finish with a previous project. due to their success in 2017, they made 2018 and in 2019 they still found a cheating project too. This is all because the lack of supervision of the developing project makes them easy

[btcdie]

maybe now investors will turn to the IEO project, because it is more secure and profitable. IEO is now a trend and many investors are forgetting ICO. very pitiful at this time, some of which ICO projects are real.

actually it is easy to anticipate investors becoming victims of ICO scams. we as bounty hunters have the right to fight scam projects, such as informing everyone through social media platforms such as tagging, for example "#ICO_SCAM #NOT_REAL # FV*K_PROJECT" 

[Plinteng]

We know that all investors now are afraid to invest on ICO projects without good quality services and products. but most of ICO projects are great. one thing that might look them scam because of not succeeding of what they aim. lots of users now are finding a thing of a project that looks interested and most of ico project didn't have that so we do not blame other investors if they not believe it.

but I think more projects fail and might look bad compared to good projects, I don't see a lot of really good ico projects in every aspect including well-functioning products and multi-professional teams / developers. most of them are bullshit.

[Colt81]

Hi, many people are still complaining how many ICOs ended up as a scam.
The cryptocurrency idea is to create a free worldwide decentralized ecosystem. Free for all, for honest but also for dishonest people. It is free market and you should protect yourself before losing your money. You don´t like it? Then you do not understand crypto.

There are really a lot of investors and bounty hunters who complains about ICO projects due to scams that makes to stop participating in ICO projects. Cryptocurrency is decentralized that no one could control it, that is why everyone has a freedom to do everything that they want that other people have been doing illegal activies like scam and etc. But i hope it should be stop because it is ruining the image of cryptocurrency.

[doomistake]

Absolutely, everyone should think of security and safety first when venturing into cryptocurrency. Don't be deceived by many projects that claim to be real or have good team, extensive research must be carried out by anyone who wants to succeed in this space.

Like you will see it coming, lol.

Scammers won't tell you that they are going to scam you, you'll back out for sure, and everybody else, that is the reason why they use all of their wit to get your trust for you to invest on them, give them wealth, then they will run at the end, too classic.

[Bananington]

We know that all investors now are afraid to invest on ICO projects without good quality services and products. but most of ICO projects are great. one thing that might look them scam because of not succeeding of what they aim. lots of users now are finding a thing of a project that looks interested and most of ico project didn't have that so we do not blame other investors if they not believe it.

2018 wasn't really easy for crypto investors, this is so true. Many people got frustrated after being scammed by different ICOs, some will have hype but yet at the end of the day will scam investors who believe in the project. Sometimes I wonder why there is no regulatory board to at least approve a new project before giving authorisation for token sale. Let's see what the future brings anyway, IEO on reputable exchanges really helped reduce scam a little this year.

[gabbie2010]

Hi, many people are still complaining how many ICOs ended up as a scam.
The cryptocurrency idea is to create a free worldwide decentralized ecosystem. Free for all, for honest but also for dishonest people. It is free market and you should protect yourself before losing your money. You don´t like it? Then you do not understand crypto.

But unfortunately the dishonest people in crypto world had overshadowed the honest ones thus painting the system in a bad light, moreso making the ecosystem more riskier for investment I quite agreed with you on protecting ourselves against scam possibly by investing with the amount of money we afford to lose so as to be on a safer side.

[supercanada1]

Hi, many people are still complaining how many ICOs ended up as a scam.
The cryptocurrency idea is to create a free worldwide decentralized ecosystem. Free for all, for honest but also for dishonest people. It is free market and you should protect yourself before losing your money. You don´t like it? Then you do not understand crypto.

But unfortunately the dishonest people in crypto world had overshadowed the honest ones thus painting the system in a bad light, moreso making the ecosystem more riskier for investment I quite agreed with you on protecting ourselves against scam possibly by investing with the amount of money we afford to lose so as to be on a safer side.

Still, the number of such fraudulent is increasing and therefore it is best to not even think about trying out new options. I really don't get why people choose ICOs and stuff when they can go for bitcoin or ethereum. If a person is serious about earning profits with the help of digital assets and opportunities, he should not waste his time on new projects. I honestly suggest to put efforts in bitcoin.

[Burogh]

Hi, many people are still complaining how many ICOs ended up as a scam.
The cryptocurrency idea is to create a free worldwide decentralized ecosystem. Free for all, for honest but also for dishonest people. It is free market and you should protect yourself before losing your money. You don´t like it? Then you do not understand crypto.

But unfortunately the dishonest people in crypto world had overshadowed the honest ones thus painting the system in a bad light, moreso making the ecosystem more riskier for investment I quite agreed with you on protecting ourselves against scam possibly by investing with the amount of money we afford to lose so as to be on a safer side.

Indeed, we should protect ourselves from scams by doing research on a project that we will invest in. We cannot depend on other people or government authorities because there is no clear regulation of new projects in the crypto market. But with IEO, at least investors can come back to believe that new projects need to be sold at the trading investors' place

[South Park]

2018 recorded high level of scam and unsuccessful projects in crypto and this has been one of the major banes to the smooth progress of most of the original projects on the market now because some investors are now afraid to invest. It is always good to perform research on the project before investing in them.

This is the reality of this market, if a substantial amount of icos were successful you can be sure that despite the bearish conditions that we found in 2018 there would have been plenty of investors willing to risk their money in those new projects, but that is not what happens, what happens is that most projects are scams and the few that are not are most likely condemned to fail so it is very reasonable that investors have been avoiding investing in icos since then.

[sends1]

I think investing in ico does have a high risk, if you choose the wrong ico, you will lose your money. Must analyze the project first before investing

[Kezacky]

yes I agree with you that this is a free market and applies to anyone who wants to join in it. crypto has a large space so don't be surprised if there are more dishonest people inside here. so as a user must always be vigilant in every action you want to do here.