Many ICO / altcoin scams?

[santouao]

It is true that many ico and alts are scams but we can avoid them if we know how look and how to look for legit project and for good alts to invest in so we all need is analyzed the project qnd look for it well.

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[Metall303]

It is true that many ico and alts are scams but we can avoid them if we know how look and how to look for legit project and for good alts to invest in so we all need is analyzed the project qnd look for it well.

I would be interested to look at the statistics of "well" selected projects. I am sure that everyone who invests money, understands that now only 1 out of 10 projects is normal

[GreenStox]

indeed at the moment there are many ico scams but for IEO it seems that not too many are scams because IEO is better held at a high volume exchange place and has very strong security so it is not possible if the exchange provides IEO which makes its good name bad.

[Palider]

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.

Yes I agree with you, Because every move we make in crypto we need to think about.

Especially if we are investing in buying crypto currencies. It is best to first identify who they are and what development they will take to improve and benefit those who invest their money in it.

[GGmith]

that is the fact that crypto space is free for anyone who wants to take part in it including dishonest people, they are very excited to see the wealth of cryptoqurrency, many project frauds, market manipulation etc. so always be careful in putting money in any form of investment.

[ringgo96]

Many complain about fraud at ICO, it's natural, every ico that appears either new or old has lost investor confidence and the chasing of prizes, the crypto market is open freely so we must be clever in preventing the occurrence of sammers, we must find a safe space so investors are safer in playing in the crypto room going forward

Right now there are so many projects that scam and cheat their investors. and this is very detrimental to its investors. I am very sure that indeed the role of the exchanges in particular IEO is very influential with the large number of IEOs being launched and giving a list of the bad IEOs available

[fuer44]

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.

I agree with this statement, that all activities in the crypto world are very free and there is no set at all. including the statement ico which ended scam, it is detrimental to investors and participants, but this is the reality. we are taught to be the strongest in the jungle (figuratively)

[agentx44]

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.

We cannot really avoid such circumstances since ICOs are created with freedom in it. The best thing we can do about it is to be responsible on finding which ICO to trust. Make sure you read the whitepaper and view the history of those people running the ICO so that you can make sure that it is credible enough to trust.

[Meowth05]

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.

Well, that is inevitable. If you enter a place where freedom is residing like in this crypto industry then we should expect that there will be some people who are honest and there will be some people who take an advantages upon it. This market can be a good cause and full of fraudulent at the same time hence, being wise is all matters in here. There are some ICOs who aren't good that is why we are supposed to check first or make an research with that particular project before engaging with their activities. So basically, just be smart all the time.

[febriyana]

I think before jumping in cryptocurrency we must know the risk, the biggest risk is losing money.
So before invest we must have strong mentally, there is still a chance to get scammed, especially in ico.
ICO is free, cheap, everyone can open it,
that is different with IEO, it need verify from exchanges, also to listing it need bunch money. But there is still have any probability to be scam.
So never complain, keep move on!

[jets567]

I think before jumping in cryptocurrency we must know the risk, the biggest risk is losing money.
So before invest we must have strong mentally, there is still a chance to get scammed, especially in ico.
ICO is free, cheap, everyone can open it,
that is different with IEO, it need verify from exchanges, also to listing it need bunch money. But there is still have any probability to be scam.
So never complain, keep move on!

Not just in cryptocurrency but any kind of investments involve risks and there is no other way around to avoid it but the idea of reducing the risk is possible by using some strategies, proper research and good decision making.

ICO's was hyped before the bullish market that happen in beetwen of late 2017 and early 2018 when a lot of new investors keep throwing their money on different ICO's and most of them dind't even analyze the projects concept or the team behind  it. They probably don't have any idea that there are lot of scammers lurking on this space due to it's nature of decentralization.

[otto93]

You do not like its and you do not know anything about crypto, i perfectly agree with you, anybody that gets to know crypto should be able to understand how it worls and know that its a free zone where each and every one of us should look out for himself just like the popular saying everyone for himself, God for us all

[TelolettOm]

I think before jumping in cryptocurrency we must know the risk, the biggest risk is losing money.
So before invest we must have strong mentally, there is still a chance to get scammed, especially in ico.
ICO is free, cheap, everyone can open it,
that is different with IEO, it need verify from exchanges, also to listing it need bunch money. But there is still have any probability to be scam.
So never complain, keep move on!

Everyone already understands I think and about ICO has become a fact that exists today that indeed most of it is a fraud. and they all give a lot of losses to investors. this is very detrimental but this industry seems unable to die but develops to become more advanced to be able to fool many people. just look at IEO now contains a scam projeck

[red4slash]

You do not like its and you do not know anything about crypto, i perfectly agree with you, anybody that gets to know crypto should be able to understand how it worls and know that its a free zone where each and every one of us should look out for himself just like the popular saying everyone for himself, God for us all

securing yourself means you have to secure the funds you have by having knowledge in crypto and how to invest in, I agree that crypto is a free zone and if you don't like it you can say you don't understand it. but unfortunately those who want to know about investing forget general knowledge about crypto

[barabarian1]

yes you are right if we understand the crypto market well then we won't complain much. because fraud in any investment is normal and the risk that we must face. rather than complaining, we should do our research in earnest before joining the ICO. and now there is an IEO that provides security to investors. investing cryptocurrency does require patience in addition we have to be patient waiting for the increase in value we have to be patient with scammers.

[Seghokendil]

I agree and that is what they must know before joining this crypto world, they must be prepared to accept all risks and all the consequences. and but it cannot be denied that most ico projects are junk.

[Godstrength]

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.

We cannot really avoid such circumstances since ICOs are created with freedom in it. The best thing we can do about it is to be responsible on finding which ICO to trust. Make sure you read the whitepaper and view the history of those people running the ICO so that you can make sure that it is credible enough to trust.

These scam projects will really pop out of nowhere no matter what generation we're at, regardless if it's an ICO's, STO's, or IEO's. It's either they'll end up as an exit scam or a dead project not meeting any of their promises even though they had successful fundraising. We can't even  trust a word of mouth from these famous people too, John mcafee promoted a scam ICO last 2018 which is now awaiting court trials. That alone will tell you that you should still do your own research and not rely on news.

Sentiments and emotions drives a lot of what's happening in crypto and we have to play it smart minimize our losses as much as we can.

[desticy]

You do not like its and you do not know anything about crypto, i perfectly agree with you, anybody that gets to know crypto should be able to understand how it worls and know that its a free zone where each and every one of us should look out for himself just like the popular saying everyone for himself, God for us all

securing yourself means you have to secure the funds you have by having knowledge in crypto and how to invest in, I agree that crypto is a free zone and if you don't like it you can say you don't understand it. but unfortunately those who want to know about investing forget general knowledge about crypto

You can protect yourself in the brick market only with knowledge.
Knowledge of how to properly store your private keys and personal data, knowledge of what types of scam are and how to identify them so as not to fall into the trap, knowledge of how the market functions and what forces affect it. Forewarned is forearmed.

[gandame]

Now i see a lot of new ico many developer are promise to there investor that they get a good profits.
So why some ico after  the project success they will be abandon there investor then after the project will become scam?

[bitzizzix]

Lately, there have been many ICO scams in Altcoin that have made investors lose trust in ICO because of scams that make investors feel afraid and are afraid to end up with Losses.
there is a possibility because ICO fraud has affected the movement of Altcoin which is currently very alarming.