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Author Topic: BLAME THE INVESTOR FOR LOOSING NOT THE CRYPTO ECOSYSTEM  (Read 388 times)
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February 20, 2020, 12:05:34 AM
 #21

I do believed that before anyone can spend his/her money to invest in ANYTHING he/she wishes in order make some decent returns/profit. he need to research Or ask questions. follow the project. make sure he follows the teams responsible for the project. Ask questions in their social media channel. Most likely READ THE WHITEPAPER. also reasearch about the team involved. THE INTERNET is there for us all. Also engage with some crypto professionals if the Need be.

I believed if people can spend more time in doing this, the scams and looting in the crypto system may reduce. UNLESS Such person wants to gamble with his funds scam projects are also means to make quick money if you are lucky enough to follow up. If Not you will Loose.

Daily, there are new members getting into the cryptocurrency. people needs to be aware of what they are going into to avoid fund loss.

investors considering investments in crryptocurrencies are to be in the know that cryptocurrency is considered a volatile business and therefore utmost caution should be south for from professionals within the crypto space before considering investments as they are entirely responsible for the use of their resources, whether it be profitable or lost.

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February 20, 2020, 12:12:28 AM
 #22

The problem is that a lot of peoples' first experiences with cryptocurrencies as a whole comes from advertisements of exceptionally high returns in a short period, which is possible but rare, and thus a lot of people with little experience with the internet let alone crypto start investing with very limited knowledge into projects that simply heavily advertise themselves with no real backing product or service. I agree that besides helping newbies to crypto here and elsewhere as much as possible, we're probably not capable of inciting much major change to how people look at crypto investing. Most of these people do end up getting burned and learn an important lesson or seek for help, though, and I find very few people keep doing the same thing expecting a different result.
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February 20, 2020, 12:43:19 AM
 #23

I understand what you are talking about. sometimes people always blame the development of crypto, that it's not good, scam, and others. but the fact that they are in a hurry is interested in profits.
however, I agree if we need to be careful in investing. the most important thing in investing is that we know what is the place for our investment, be it in team matters, concepts, whitepapers, and others. if there is any doubt, ask in the telegram, or the place where the project is there will be better.

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February 20, 2020, 04:32:58 AM
 #24

Cryptocurrency developers should be blamed always for any loss of funds investors go through. My reasons are: if the project never existed at the first place, there will be no loss of funds. Secondly if the developer had built something targeted towards solving a problem, it's relevance will make it to not be a failure.
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February 20, 2020, 04:38:34 AM
 #25

It is true it is the investors fault for losing their own money.
We should be the one to make sure that the project is a good one to invest and dig about the team and developer.
We shouldn't blame anyone for our own decision it was our choice no one force us to do it.

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February 20, 2020, 05:00:06 AM
 #26

We cannot escape easily by targeting innocent people and their action of opting to invest with altcoins. Because, you must have forgot the important thing that investors are also part of crypto ecosystem and moreover they are the primary pillar of crypto ecosystem and you sound like blaming yourself. For losses, irresponsible decision of investment must be a reason but we need to think from an investor's perspective.

These days, every project is coming up with well written whitepaper and with huge team members along with social media links to verify them. So, investors are struggling to filter out scammy projects which lead to their individual failure which means the entire crypto ecosystem will suffer if we do not bother and do not take necessary steps to protect the investors.

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February 20, 2020, 05:06:24 AM
 #27

That's a normal scenario for an investor without the right knowledge, and they keep blaming the system and the worst thing here, they will blame their friends for introducing cryptocurrency to them. Whether you are a newbie or not it is mandatory to analyze first before investing and stop expecting big if you are investing into a new projects. New investors should work hard improving their knowledge about cryptocurrency, this is not a simple task of making money and this is a risky market.

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February 20, 2020, 05:18:26 AM
 #28

Scam projects will exist as long as there are investors who bite their wrong doings. The problem is many investors are only after money and ignoring the things that they need to consider before investing their hard earned money.

This is due to their greed to earn quick without doing anything. Sometimes we have to experience losing our money before we learn, I bet some of us learned how to invest carefully the hard way.

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February 20, 2020, 05:51:31 AM
 #29



I believed if people can spend more time in doing this, the scams and looting in the crypto system may reduce.
you have clearly stated that "scams will only reduced" but will not totally gone that is a clear way of admitting that it is not investors all fault because even how Good you do scammers is much better on that,but yeah at least will be lessen the chances of being scammed.
UNLESS Such person wants to gamble with his funds scam projects are also means to make quick money if you are lucky enough to follow up. If Not you will Loose.
agreed on this,if you can go along when they are starting to move away and withdraw?then the chance of profiting is there but that is very risky.
Daily, there are new members getting into the cryptocurrency. people needs to be aware of what they are going into to avoid fund loss.
yeah enough reason for people to help themselves also because there are few authority that can help them winning back the losses.
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February 20, 2020, 06:23:48 AM
 #30

THE INTERNET is there for us all.

The internet will help us to get any information that we needed, and mostly the information is free of charge. We can read so much good information about what we want, but we still need to be careful because not all of the information we get from the internet is right. So we need to manage the information and filter the information so we can know which is the correct information and wrong information. But some investors still not using the internet to find what they need because they only follow what other people suggest without research.

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February 20, 2020, 07:39:37 AM
 #31

Props to OP.

I think you did a very good putting up of words for a nice advise. All what you said is all true. Scam will always be there and the worst part here is the money stolen are from newbies and investors that dont do any research.

Scam projects will exist as long as there are investors who bite their wrong doings. The problem is many investors are only after money and ignoring the things that they need to consider before investing their hard earned money.

This is right. Most investors dont really concern about the factors that could lead to such trap. Most of them becoming greedy once they earned a bit. Too much is bad and always seek discipline cause money is involved here.
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February 20, 2020, 08:24:42 AM
 #32

In short, we should DYOR. Probably, a wise investors will not hastily join any projects without the proper research. If you are pointing out about ICO projects, I believe this is not new anymore. We can easily spot now if such a project is scam or not. Actually, I would agree about looking who were the teams are but do not forget the project's product if it is feasible or not.

On the other hand, there are 'other' crypto investments that we can choose from. Instead of investing in a new projects, why not invest some old , existing and proven projects?
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February 20, 2020, 08:50:38 AM
 #33

investors usually dont take time to do enough research on some projects before investing. there will always be red flag in any scam project. most times people do ignore it just because of greed intentions or a backup by a top member in the crypto space or an influencer. 
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February 20, 2020, 08:55:29 AM
 #34

now WHITEPAPER is not a guarantee that a project will run smoothly in the future or realized in the roadmap I suggest if you want capital to learn to trade for profit if to buy coins in ICO now many fraud
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February 20, 2020, 08:58:31 AM
 #35

In short, we should DYOR. Probably, a wise investors will not hastily join any projects without the proper research. If you are pointing out about ICO projects, I believe this is not new anymore. We can easily spot now if such a project is scam or not. Actually, I would agree about looking who were the teams are but do not forget the project's product if it is feasible or not.

On the other hand, there are 'other' crypto investments that we can choose from. Instead of investing in a new projects, why not invest some old , existing and proven projects?
really it's better to find profits in investing coins or tokens that have been running for a long time and the results are satisfying than going with the flow like the ICO for now is very risky loss
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February 20, 2020, 09:02:16 AM
 #36

I don't think the project only failed because of the scammer. Some times a very good project can screed up because of lack of enough support, proper management, enough investors, etc. The crypto market is very risky and sometimes depends on luck too. You can lose all your money even the project is good. Also, I also think that most of the investor doesn't do enough research about any project before throwing their money into that project.

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March 15, 2020, 07:25:26 PM
 #37

It is really disappointing that most Investors lacks the zeal to carry out their own research on any project they are getting involved with, could be they are getting involved owing to what someone says about the project or they are getting involved because of what they might have read. Yes it is good to read, but that's not enough, questions needs to be asked to know if truly the team have the best interest of the users at heart. Although there are still  projects out there that will pretend to be good but only ends up scamming, but yet, first thing first, ask good questions to know If it is only listing the team care for because they know that's the best way to draw investors or they are out to cause a good change.
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March 15, 2020, 08:16:39 PM
 #38

Similar to various things in this world, the crypto ecosystem has two sides, which are the advantages and disadvantages. At every opportunity, there must be a certain person who tries to make a profit by committing crimes or fraud, that's what causes many things to have an unfavourable risk. Our job is to adapt well to the ecosystem, beginning with learning basic knowledge, risks, strategies, etc. it allows us to be wiser and avoid the threat of loss and fraud.
Crypto ecosystem is quite difficult to guess and sometimes it is unthinkable, many things can happen, so understand the best strategy, always do an analysis, and respect every decision you have made, so you don't easily blame others for causing harm to your actions.

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March 16, 2020, 07:36:33 AM
 #39

I do believed that before anyone can spend his/her money to invest in ANYTHING he/she wishes in order make some decent returns/profit. he need to research Or ask questions. follow the project. make sure he follows the teams responsible for the project. Ask questions in their social media channel. Most likely READ THE WHITEPAPER. also reasearch about the team involved. THE INTERNET is there for us all. Also engage with some crypto professionals if the Need be.

I believed if people can spend more time in doing this, the scams and looting in the crypto system may reduce. UNLESS Such person wants to gamble with his funds scam projects are also means to make quick money if you are lucky enough to follow up. If Not you will Loose.

Daily, there are new members getting into the cryptocurrency. people needs to be aware of what they are going into to avoid fund loss.

You are very correct, research and finding of information always have to lead before anyone invests their money in real life scenario or in crypto currency.
Even whitepapers always has that quote that "it is not an investment advice" and they won't be liable for any loss.

So investors, daily traders, or bounty hunters, always do your research
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March 16, 2020, 08:06:02 AM
 #40

I do believed that before anyone can spend his/her money to invest in ANYTHING he/she wishes in order make some decent returns/profit. he need to research Or ask questions. follow the project. make sure he follows the teams responsible for the project. Ask questions in their social media channel. Most likely READ THE WHITEPAPER. also reasearch about the team involved. THE INTERNET is there for us all. Also engage with some crypto professionals if the Need be.

I believed if people can spend more time in doing this, the scams and looting in the crypto system may reduce. UNLESS Such person wants to gamble with his funds scam projects are also means to make quick money if you are lucky enough to follow up. If Not you will Loose.

Daily, there are new members getting into the cryptocurrency. people needs to be aware of what they are going into to avoid fund loss.
I guess somethings work out for you on your own part, right? That's why you are talking like this, the very tokens or coins you are holding presently what will happen if something bad happen to the projects? See, no one is perfect in crypto space, the very best coins in your eye can disappoint you, least that investors can do is research and that's never enough to safe you from disappointments

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