Crypto Scam? ICO Scam? IEO Scam and Now DeFi Scam?

[DashingAgent]

Crypto Scam? ICO Scam? IEO Scam and Now DeFi Scam?

Many years before the Cryptocurrency was a scam for some people, later people said that ICOs are scam, when ICOs had gone and IEO had begun then they were blaming that IEOs are scam later now they are calming that DeFi is scam

Who are they??

They need to be called LOOFER= LOOSER who just want to spread FUD for their own benefit

[Adya]

Crypto Scam? ICO Scam? IEO Scam and Now DeFi Scam?

Many years before the Cryptocurrency was a scam for some people, later people said that ICOs are scam, when ICOs had gone and IEO had begun then they were blaming that IEOs are scam later now they are calming that DeFi is scam

Who are they??

They need to be called LOOFER= LOOSER who just want to spread FUD for their own benefit

i can be agreed that icos ieo and defi have hype effect. we can use word "hype". those who say it was scams do not understand what those words means and just spread fud. or they are really loosers  because they invested only in scams under hype effect without any analysis of their projects.

[TastyChillySauce00]

It could also be those people who have been getting a big loss from trading on the defi projects. I personally will not call everything as a scam. Sometimes people use it to call everything as a scam to spread FUD.
I ain't hearing it. I don't even care about what they were saying.

There were some people who have been saying if ethereum was a scam and this is just an example about crazy people are.
Even that's a legit coin but some people still called it as a scam. It's very hilarious

[aysha9853]

well defi can be a rug pull whereas my IEO doesn't agree with a scam, IEOs on big exchanges always get a good ROI, I think people who say that are either affected by Rekt or don't get IEO

[tsaroz]

Scammers flocks onto those sectors which are popular. At current time, DEFI has larger number of scams than any other sector in crypto cause Defi got an inflated degree of attention from the investors. Real Defi are the future of crypto based finance but it doesn't mean each and every defi that comes forward would be an entire success. Just a few of them that does it right, gets the early users and keeps on adjusting with the demand of time would flourish while 90% of Defi we know as of yet would go out of business.

[best123]

Not all the above are real; there are scam project inside too. I invested in a DeFi project last month and the ran away with over 60Eth of the investors. When i traced where they moved our Eth to, they already has over $1,480,000 worth of eth in that wallet. Which i know the scammed people. Here is the wallet they moved our eth to 0x910cbd523d972eb0a6f4cae4618ad62622b39dbf. The project name is YFOP. I have enjoyed some DeFi projects but the last 3 invested in, ended in pain.

[Jawhead999]

If you think you're being offended, you need to grow thicker skin. In the past before many people screaming ICO scam on 2018-2019, there're many people said Bitcoin is scam

Don't worry about their opinion against your choice and believing, they'll realize and regret until the coin in bullish.

[Princejebs]

We all invest in different projects and encountered different difficulties at different time. Those who call DeFi scam are the obvious ones who invested in bad projects. Like Yam and kimchi for example who had rebating problem and how hacker tap into SUSHI swap smart contract to exploit liquidity. Ico were bad, IEO were even better and DeFi were good but hype killed it so fast that's why many didn't even last and developers were using the new trend to drain people's money.
Would you blame someone who bout yearn.finance at $40k? He probably thought the price might go higher but was disappointed.

[DU18]

Not all the above are real; there are scam project inside too. I invested in a DeFi project last month and the ran away with over 60Eth of the investors. When i traced where they moved our Eth to, they already has over $1,480,000 worth of eth in that wallet. Which i know the scammed people. Here is the wallet they moved our eth to 0x910cbd523d972eb0a6f4cae4618ad62622b39dbf. The project name is YFOP. I have enjoyed some DeFi projects but the last 3 invested in, ended in pain.

The impressive growth in the DeFi (decentralized finance) market since the start of the year has indicated that there is a strong demand for this new revenue-generating protocol, so it should come as no surprise that many investors are starting to invest in DeFi-compliant projects nowadays. , so with his current fame it is not surprising and closing the possibility that there will be people who try to commit fraud by building a DeFi scam project and this seems inevitable in the future, such as ico, sto and also ieo that are not free from scams. so, it is proper for us to be careful in investing the money we have in a crypto project.

[bunglor]

As you can see all of them started really great and as the time goes by they all became full of scams. The reason is that the scammers are doing anything in order to trick out others they will use the current thread to take advantage to other by scamming them but I can tell to you that not all the projects right now are scam.

[DarkDays]

Whether it is an ICO, IEO or DeFI project doesn't mean you have got nothing to do on your part. On the contrary, you best research the projects of any of

these categories to see if its worth your investment or not.

Only with the proper knowledge of the project and not blindly adding money into projects you can avoid incurring losses. It is not the fault of the project

but the nature of it to be a scam if that's what it turns out to be. You're at fault.

Just because it's a project with some buzz words don't mean is safe. Due diligence is always a must.

[Sebas.tian]

Crypto Scam? ICO Scam? IEO Scam and Now DeFi Scam?
Many years before the Cryptocurrency was a scam for some people, later people said that ICOs are scam, when ICOs had gone and IEO had begun then they were blaming that IEOs are scam later now they are calming that DeFi is scam
Who are they??
They need to be called LOOFER= LOOSER who just want to spread FUD for their own benefit

More reasons many of us won't agree with you, the aims of millions in this industry is or are to make quick profits (get rich quick) and by so doing they end-up with scam projects. There are projects which without research anyone can figure out their aims but those with higher need of profits won't check these projects two times before make their investment which is wrong. Yes there are scam projects everywhere but there are still good projects with minimum profits.

[DashingAgent]

The only advice "invest whatever you afford to lose" I only suggest to invest the minimum $10 or $1 whatever you afford to lose and when you see that the project is promising then you may invest the bigger amount. Just assume that you are donating to beggars.

Not all the above are real; there are scam project inside too. I invested in a DeFi project last month and the ran away with over 60Eth of the investors. When i traced where they moved our Eth to, they already has over $1,480,000 worth of eth in that wallet. Which i know the scammed people. Here is the wallet they moved our eth to 0x910cbd523d972eb0a6f4cae4618ad62622b39dbf. The project name is YFOP. I have enjoyed some DeFi projects but the last 3 invested in, ended in pain.

[coinporch]

Crypto Scam? ICO Scam? IEO Scam and Now DeFi Scam?

Many years before the Cryptocurrency was a scam for some people, later people said that ICOs are scam, when ICOs had gone and IEO had begun then they were blaming that IEOs are scam later now they are calming that DeFi is scam

Who are they??

They need to be called LOOFER= LOOSER who just want to spread FUD for their own benefit

so, why you still active here in this forum, if you think crypto, ICO, IEO and defi is scam mate ?
better to drink your medicine, and keep your mind open to learn more how to understand about cryptocurrencies

[batang_bitcoin]

There are crypto's that are scam, the same as with ICO, IEO and Defis. It's not in general that cryptos are scam, we've heard it right and we've experienced how good to be part of this journey and market. But there really were bad people that are taking advantage of the lack of knowledge of other investors and creating scam tokens, scam projects and what's worse is that they are able to list that fake token to exchanges which also gets a lot of victims to lose money.

[Viscore]

Not all of them are scam projects but the image once gets ruin because the majority of them are turning to nothing and causes more losses to the investors. We are not believing that it will end like that as many of them look very promising but then, they can't hide their real intention.

I can't see the next projects will be the worse one but I can see that people won't give them trust easily. People are now learning from their mistakes and I'm sure they are not stupid gain to get fooled by nonsense promises that commonly use by any project developers.

[Marma Kalari]

Crypto Scam? ICO Scam? IEO Scam and Now DeFi Scam?

Many years before the Cryptocurrency was a scam for some people, later people said that ICOs are scam, when ICOs had gone and IEO had begun then they were blaming that IEOs are scam later now they are calming that DeFi is scam

Who are they??

They need to be called LOOFER= LOOSER who just want to spread FUD for their own benefit

There are finer things to understand here, ICO as a process is the most noble way to raise money for legit projects but we saw thousands of scam projects and that is the case with IEO, DeFi is a novel idea as well but you will see scammers taking over and running away with the money and we have already seen many scam projects in the DeFi platform as well.

[articlecity]

Crypto Scam? ICO Scam? IEO Scam and Now DeFi Scam?

Many years before the Cryptocurrency was a scam for some people, later people said that ICOs are scam, when ICOs had gone and IEO had begun then they were blaming that IEOs are scam later now they are calming that DeFi is scam

Who are they??

They need to be called LOOFER= LOOSER who just want to spread FUD for their own benefit

Every new business or tech takes time to develop and settle down, this is natural process and we should all know that when a new tech is launched many people will come to make personal advantages or quick money or we can say that bad people are everywhere in every business and every walk of life that can damage the reputation of the whole market but i think we should keep encouraging innovators while we should find a way to stop scammers as well.

[asriloni]

what people needs to understand is that the project they tagged scam is also making some people rich while many are profiting also. its not a magic, you have to be careful, consider the volatility and accept your losses without any tag of scam.

Crypto is about how you can be a winner or losers. there are so many cases the losers were calling such coin as a scam caused by they have been losing their money in trading on the market.
I have been seeing it so many times. Some people who have been hating the coins usually called such coin as a scam too.
When someone keeps call everything as a scam and there's a problem with his life. Sometimes the word of a scam being used as a hated speech.
It may not happen when they were investing in it and earn huge profits from there. They will not call that as a scam. Crypto is a game.

[arufox]

The scammer will take advantage of any circumstances to scammed people, and they are not stupid. They know what is tren and will find a way how to take advantage of it. So don't be surprised if ICO, IEO, Defi can be scam. Actually so easy to avoid it, don't join in any new project, but for people who greedy and don't have good knowledge it's so hard to follow that easy step