What do you think about coronacoin COVID?

[Basisto]

Hi guys, i've heard about this coin since march but i dont know if invest on it. I think it may be a nice chance because covid is very talked about and if well managed it could go up, but im new to crypto investment and im a bit scared of losing money. What do you think? Thanks

[acdc]

Coronacoin COVID is like a malicious scam, it seems that scammers are trying to use the disease to advertise the project.
I don't know much about the coronacoin COVID project, however I will not participate in that project.

[batang_bitcoin]

It is a scam.
Don't invest into this coin and other coins that are obviously faking the project and wants to scam investors. You are a newbie and your first post seems to be pointing out in this coin.
Are you sure that you really didn't invested into this coin?

[petyang12]

Be careful of such coin. Even though there is no corona virus before scammers always find a way to create a scam project and as of now they even use the pandemic today to create a scam coin only to steal their investor's money. Stay away or you'll get infected with the coronacoin you mention.

[J1mb0]

I think that project is a scam, no one wants to use disease to advertise their project. The people who use the disease to advertise are scammers.
I would advise people to stay away from such projects.

[siddartha1492]

If a project has to use covid pandemic to get attention to their project then that's really pathetic. Scam or no scam, I don't see any reason to participate in such projects.

[forexandcryptoauditor]

We should not take any investment decision due to coin or token name. Need to do research on project goals and development before investing.
Looking at the name, coin seems temporary as COVID 

[The_Trader]

Wow if you are seriously asking this question OP you should not be playing with the crypto circus !

Put your money into a tin and under your bed, it will still be there in 6 mths, put your money into Altcoins you will have nothing.

It took me all of 30 seconds to research this coin and decide its a shitcoin and has red flags every where.

You need to research and the best way to spot a scam coin is to look back at older proven scam coins and look for similarities then take this new found knowledge and look at new coins.

And in this world "if it looks to good to be true it probably definitely isn't"

My views of coarse and I could be wrong COVID could be the next big coin........ but I don't see it

TT

[ije07]

I see there are many ico projects with the name Covid-19, on the one hand it does not mean I do not trust new projects about Covid, it's just that we all have to be vigilant about this because scamers always have many ways to fool victims. my advice is that you need to reconsider before investing in a Covid project especially if you are new to the crypto industry.

[Chuky92]

Hi guys, i've heard about this coin since march but i dont know if invest on it. I think it may be a nice chance because covid is very talked about and if well managed it could go up, but im new to crypto investment and im a bit scared of losing money. What do you think? Thanks

It is a scam, don't bother knowing more about it as you might be drawn into investing and losing your money since you are still new. Also, I remembered reading a post where the project team of the same Corona virus coin exited scam, now another is coming up again with same pattern, why, because they know this pandemic gives them the opportunity to scam innocent people. In case of another time, ask yourself, the relevance of the project and check if it is really achievable. Lastly, all Corona virus projects are just out to scam hence be careful always.

[Baimovic]

Yes, but it is a good opportunity for those who misuse crypto for fraud, especially about projects that use the name CORONA VIRUS. for you this is a bad road, you don't need to invest in any project that uses the name CORONA VIRUS. This will only make you lose money easily.

[tabas]

you don't need to invest in any project that uses the name CORONA VIRUS. This will only make you lose money easily.

And projects that name their coin related to coronavirus lacks empathy. They are turning into this event something as an opportunity for them but they don't see the whole bad thing that this virus is bringing us.
Ignore and boycott all of those projects that has a name of coronavirus and aims to have investors.

[tycsols]

Such coins do not have any utility and mostly greedy people and scammers launch such coins taking advantage of the trend also please note that there have already been 2 to 3 coins launched with similar names and they have already exit scammed people after selling their useless coins to people who thought it would pump like crazy so a buying oppirtunity but sadly they learnt the lesson in a hard way.

[Marble777]

The scamers will certainly take advantage of this situation for fraud. Corona outbreak became a trending topic on any site including in this forum section, scamers began launching their actions using COVID as bait to attract investors, be a wise investor and not be tempted by this kind of project.

[HunterUnchained]

Certainly looks like a joke and a great chance of being a scam. A developer somewhere is trying to use the current health challenge for their own personal gains and selfishness. Having seen a bit of what the project entails, I will advice anyone getting involved with them to please follow the project cautiously. I don't think they have anything worthwhile to offer.

[Rengga Jati]

I ever heard about this coin and now I have searched.
Well, is this token that the OP refers to?

The price is absolute wow, going to be a dead coin. There is no trading volume and no clear information about it )if it is true what the OP refers to). Is this coin for donation or as a usual token to be traded only? I cannot find much information about this coin exactly.

Moreover, what is their official website? Is this CoronaCoinOfficial.com or https://coronatoken.org/?
But the most important thing is that those two websites are dead, cannot be accessed.

For OP, I don't think that this coin is legit. If you are new in crypto investment, never it is better for you to avoid investing in this coin, this seems strange. Additionally, as a newcomer in the crypto world, never only thing to invest in a coin that is only by hype. Learn more and better to put your funds in the exact coins, for example on the top 10 coins on CMC at least. It may be safer for you (although it also doesn't guarantee).

Source:
https://www.coingecko.com/en/coins/coronacoin#markets

[LazerPanther]

Hi guys, i've heard about this coin since march but i dont know if invest on it. I think it may be a nice chance because covid is very talked about and if well managed it could go up, but im new to crypto investment and im a bit scared of losing money. What do you think? Thanks

Surely they are scam, a bullshit project created just to deceive investors in this market. Stay away from this project and corona virus related projects because they are scammer, they can't help disease disappear by blockchain

[alan2here]

I see there are many ico projects with the name Covid-19, on the one hand it does not mean I do not trust new projects about Covid, it's just that we all have to be vigilant about this because scamers always have many ways to fool victims. my advice is that you need to reconsider before investing in a Covid project especially if you are new to the crypto industry.

These projects are scams, and there won't be any stupid investors investing in them. I think there are hundreds of Covid-19 projects appearing in this market, and it makes me feel very funny thinking about it.

Certainly, those projects will not improve anything, and investors may lose money when they encounter investments. The world has become more chaotic after the pandemic, and this is also an opportunity for scammers to make money.

[coinsycrip09]

Coronacoin COVID? Seriously??
it looks like it's a very dangerous token. 
i think, they only take advantage of situations that are viral (just my opinion). if they use a name that is currently viral, they will not try hard to promote their project. because the name of their token will be talked about.

my suggestion, you better find another project that is better. don't waste your time on things that will definitely make you lose.

[brrzzz]

Of these coins, where the name of the virus is present, I have already seen three, four, my opinion is PR on the bones, and I am very sorry for people who have no imagination if they can’t even come up with a name for the project.