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Kong Hey Pakboy
Member
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Activity: 1120
Merit: 68
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April 18, 2020, 04:16:13 PM |
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There are really projects that are too good to be true that always make fake promises to investors that they assume they will receive a huge rewards from them, but in the end it is just a scam or fraud for you to get your attention, that is why invest lost their interest in participating new projects because they don't receive any good rewards anymore.
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Jocuserious
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April 18, 2020, 09:22:54 PM |
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Number of many projects scam of the year 2018 and 2019 but personally i miss some good project before. Yer i participate harmony and mb8coin two projects bounty with buy some coin after that i make profits harmony but still loss mb8. I forgot now invest but stay if i get a real promising project then i consider my mind.
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Zemomtum
Full Member
Offline
Activity: 1316
Merit: 104
CitizenFinance.io
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April 18, 2020, 09:39:39 PM |
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What a good and a real thought. A lot of empty promises on the whitepaper where there is no intention to implement. No wonder most people are calling for regulation. Blockchain is still at infant and people are taking advantage of it.
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Innocant
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April 18, 2020, 10:02:18 PM |
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Number of many projects scam of the year 2018 and 2019 but personally i miss some good project before. Yer i participate harmony and mb8coin two projects bounty with buy some coin after that i make profits harmony but still loss mb8. I forgot now invest but stay if i get a real promising project then i consider my mind.
It was to long for now that have so many project are trying to scam just like us a bounty hunter, Ill think they using us for there intention. But as of now we can aware that kind of project if we have time of research of the project that we need to participate. In this year it was only few of bounties or project are we can participate we hope more trusted bounty campaign coming.
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imoet
Member
Offline
Activity: 322
Merit: 10
homt.net
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April 18, 2020, 11:08:00 PM |
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Becareful of fake promises from new projects, some use cases can never be possible on blockchain and many don't know this, I've neglected some projects because of this, why are investors fooling themselves? The warning that says ' stay away from offers that are too good to be true' is not entirely talking about profits only, sometimes it's more than that, how can we be promised that a city will use A.I technology when no single A.I project is successful in crypto space? Be wise fellas, some things will never work on blockchain, at least not this time
I agree if we should be wise in joining all the new projects. Of course we can not trust easily because of there are so many scam. If the investors fools themselves, we should be smart.
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michellee
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April 19, 2020, 12:56:51 AM |
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Right now, it is very difficult to find the right project because all of the projects seem to be the right one, but we never know if they are really the right project or not in the future. Sometimes we choose the project which we think that the project will succeed after it's finished and they can continue to the next phase, but the fact is they delay the project in the middle and disappear with the investor money. That is why we need to be extra careful to find the project and make sure you can accept what will happen in the future.
That's the hardest part of trusting a project, we don't know their real intention until they got the investment money in their hand. They will give promises and they will make their move for the progress and development of the project but they will show their true colors when it comes to money. That is happening in many sectors, as when it comes to money, they will show their true color, as you said. They can be honest to us if they have a purpose, and even they can promise so many things to get our trust, but in the middle or the end, they will run away after they got something from us. But that will not happen with the project that wants to make all people inside the project can feel successful because they will hard work to make it happen. It is only a few projects which can be like that.
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EbriDan
Newbie
Offline
Activity: 279
Merit: 0
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April 19, 2020, 03:24:16 AM |
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Number of many projects scam of the year 2018 and 2019 but personally i miss some good project before. Yer i participate harmony and mb8coin two projects bounty with buy some coin after that i make profits harmony but still loss mb8. I forgot now invest but stay if i get a real promising project then i consider my mind.
It was to long for now that have so many project are trying to scam just like us a bounty hunter, Ill think they using us for there intention. But as of now we can aware that kind of project if we have time of research of the project that we need to participate. In this year it was only few of bounties or project are we can participate we hope more trusted bounty campaign coming. True, very true, and sometimes you can't see through them
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kaneki007
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April 19, 2020, 08:42:23 AM |
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Scam projects will continue to exist as long as many people are falling to their trap and they can make money.
Not just here in crypto but in other investment opportunity out there as well. So what we can do to avoid these scam projects? An extensive research.
Dont look for the potential profit if you invest but take time investigating for the factors that can lead you to determine if its real or just another scam.
I agree because we should before investing we as investors do research in order to know that the project is legit or not and has potential or not. So do not just think about profits, but also think in the future whether our investment will bring a large income. Now I am more careful before investing because experience can also be a lesson.
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TheUltraElite
Legendary
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Activity: 3024
Merit: 1325
So anyway, I applied as a merit source :)
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April 27, 2020, 05:28:55 AM |
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Fake promises can be easyli identified when you are thoroughly analysing a project Wrong. They are never identifiable if they are promises. How can you differentiate between a promise that is fake or true when the project itself shows you how its make the money? In face the money making method is a scam as well but peopl fail to understand in the first place. That is why the teams never make anything good out of them. All these projects have failed because they dont have anything develop on. If the fake promises were identifiable then no noob would even put their money in the project. if you found something suspicious about the project it is already a red flag and you should stay away from such a project. A big con would never make itself look suspicious. Use common sense, if you are thief, would you show everyone your methods if you want to steal something?
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Farma
Legendary
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Activity: 2688
Merit: 1002
Leading Crypto Sports Betting & Casino Platform
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April 27, 2020, 06:04:03 AM |
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What a good and a real thought. A lot of empty promises on the whitepaper where there is no intention to implement. No wonder most people are calling for regulation. Blockchain is still at infant and people are taking advantage of it.
because of this, choose a project that is already in the market, or that is doing an IEO on a popular market or has great potential for success. at this time, I feel that so many people are making concepts so well, but they are not carrying out the project as they set it. it's just that, when the concept is very good and doing IEO in the popular market, it can be strong support.
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bgaf
Sr. Member
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Activity: 644
Merit: 257
Worldwide Payments Accepted in Seconds!
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April 27, 2020, 06:39:36 AM |
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What a good and a real thought. A lot of empty promises on the whitepaper where there is no intention to implement. No wonder most people are calling for regulation. Blockchain is still at infant and people are taking advantage of it.
Regulation is not necessary needed. Why you going to risk the fruit of decentralization just to give the benefit of the doubt to those upcoming project. Whitepaper is just a basis of the project, and they can always alter or modify what is necessary for the improvement of their project. Roadmap as well is just a guide but not required to be follow from specifics. Ive seen many projects that made changes in order to have a good platform. People taking advantage of this innovation thats why we cant always trust new projects. Real projects are not too showing some progress and using your instinct I think you can feel it if your dealing with a scam one.
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ttcsalam
Copper Member
Jr. Member
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Activity: 1120
Merit: 2
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April 27, 2020, 08:46:58 AM |
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You are right. Exaggerated projects cause more faults.For example, BCNX launched a project a few days ago.Now that withdrawal is closed. It does a lot of damage. For ordinary investors
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imutlinda
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April 27, 2020, 08:59:40 AM |
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What a good and a real thought. A lot of empty promises on the whitepaper where there is no intention to implement. No wonder most people are calling for regulation. Blockchain is still at infant and people are taking advantage of it.
because of this, choose a project that is already in the market, or that is doing an IEO on a popular market or has great potential for success. at this time, I feel that so many people are making concepts so well, but they are not carrying out the project as they set it. it's just that, when the concept is very good and doing IEO in the popular market, it can be strong support. if both of these sectors support, namely in the form of a good project concept and holding an IEO on a popular exchange then I think it will be good. but so far it is still a bit difficult to find such a project, because the project that is able to do it is the real project. and sometimes projects that always provide nonsense will be difficult to achieve
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leea-1334
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April 27, 2020, 01:51:14 PM |
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because of this, choose a project that is already in the market, or that is doing an IEO on a popular market or has great potential for success. at this time, I feel that so many people are making concepts so well, but they are not carrying out the project as they set it. it's just that, when the concept is very good and doing IEO in the popular market, it can be strong support.
Easy to say. Everyone can advice you to say hey, invest in something with great potential for success. Everything has potential. The better advice is. Do not invest in any of these projects. Use it maybe,,, if you believe in it. But you are better off buying Bitcoin.
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KaratX
Member
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Activity: 252
Merit: 29
Sovryn - Brings DeFi to Bitcoin
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April 27, 2020, 01:59:13 PM |
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Many use case in crypto world won't see huge demand because they are utterly useless on the blockchain, the project team might be serious and have a good plan but investors might not even have interest in such coins, for example dogdata, very confusing
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PlayFuel_Official
Newbie
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Activity: 17
Merit: 0
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April 28, 2020, 08:32:04 AM |
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Blockchain projects are emerging nowadays. It is true that there are a number of projects that were not able to be successful due to unrealistic goals. As an interested investor or user, doing in-depth research about the project such as checking the whitepaper, website, credibility of team members, the number of listed exchanges, amount of volume, etc. By assessing through this information, you can see which project is realistic and achievable. PlayFuel aims to bring blockchain gaming at the forefront for independent game developers, all types of gamers, influencers, and merchants. The project is fairly new but its native token PLF shows good standing within the crypto market. Check out our website and whitepaper to know more about our project: https://playfuel.io/https://playfuel.io/playfuel-whitepaper.pdf
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NextDoor125
Member
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Activity: 153
Merit: 10
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April 30, 2020, 02:08:57 PM |
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Good projects always exist, I personally did a lot of good trading last month when the coins were scarce. Here are some rules to follow. Now things are different and there are very few projects to help investors make a profit. You can find good projects only if you find yourself. Thanks
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tiang_tower
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April 30, 2020, 02:17:49 PM |
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Good projects always exist, I personally did a lot of good trading last month when the coins were scarce. Here are some rules to follow. Now things are different and there are very few projects to help investors make a profit. You can find good projects only if you find yourself. Thanks
Yes, a good project is still there if we want to look for it with a research, because when things are different, then what we have to rely on now is ourselves, so do everything with research, so we can know the pros and cons of a project at this time.
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OneLifeKiller070
Jr. Member
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Activity: 79
Merit: 1
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May 07, 2020, 05:45:53 PM |
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I think the blockchain cryptocurrency market will be drastically reduced due to the threat that the world is facing now and the dire situation that is going to create. Because the world is now focusing on curing Covid-19. The situation is now against trading. So it is just a matter of time rather than a good project. Hope for the best for all and Too good to be real projects will be soon after this big break of pandemic . Thanks
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