They want your money by all means possible

[JunkieMiner]

I always check the projects through other projects, whether they have been followed on Twitter, or any other means of social media by verified projects, For example, if some projects are followed by Coinmarketcap, Binance, Kucoin, and some other top accounts, so I think about these projects. So, this is also a way to look over.

[jossiel]

I always check the projects through other projects, whether they have been followed on Twitter, or any other means of social media by verified projects, For example, if some projects are followed by Coinmarketcap, Binance, Kucoin, and some other top accounts, so I think about these projects. So, this is also a way to look over.

But that's not enough, there are communities of projects that have been made with fake followers though I think you know what I mean and they're easy to be figured out.

If there's not that much interaction on that project then that only means that they're not real followers and probably used a following service from any third party to make it look like they have a lot of followers.

And the engagement isn't there because you see little active people to none.

[Fredomago]

I always check the projects through other projects, whether they have been followed on Twitter, or any other means of social media by verified projects, For example, if some projects are followed by Coinmarketcap, Binance, Kucoin, and some other top accounts, so I think about these projects. So, this is also a way to look over.

But that's not enough, there are communities of projects that have been made with fake followers though I think you know what I mean and they're easy to be figured out.

If there's not that much interaction on that project then that only means that they're not real followers and probably used a following service from any third party to make it look like they have a lot of followers.

And the engagement isn't there because you see little active people to none.

Community or better to say a working community helps the project, with active followers who really supporting the project the chance of being successful is high, there are many projects who do have good numbers of followers but just like the same schemes by those scammers they are just paid followers just to make the project being supported but in reality there are no supporters or just fake supporters that being paid by the team to allure people to invest.

Another part of you when starting to invest with your chosen projects, you need to work harder in finding the development if there's real progress with the project that you are following and investing your money.

[FanEagle]

It is easy to fall for fake projects if you are willing to fall for it. There are so many people out there who would like to invest into things that do not make sense to me at all. They are doing horrible as we all know because we see those new projects and how terribly made they are and yet they get paid for it for some reason.

Imagine this for a second, look at pinksale and all the new tokens that gets funding, there are ones that get money in millions, do you really think they all deserved it? Of course not, which means that just in one launchpad we see plenty of tokens that got everyone's money and for some reason everyone is fine about it and that's the problem.

[Oceat]

I don't think there are worthy coins out there in this era since it seems that they are all a scam to me like how they would make their investors invest then if the price pump they will suddenly be gone or make an exit scam. I know they are pump and dump coins but why is it there are people who still invest on them when it's too risky to invest and worse is they will take your money.

It has been happening since in the past and I don't know why there are people who still want to invest on them. There are worthy cool out there that are good but it's so rare to find them until bull run will show them.

[Zanab247]

Don't be in a hast to become successful, because many newbies that came with the mind of looking for shortcut to make a big money from new project to become successful ended up in the hand of scammers. Always carry out your personal research to choose a potential project that will lead you to success in future, because there are many fake project in the community that will never bring you profits than to empty your money at the end of the project.

[Eureka_07]

<snip>

We have the same thoughts, but we know that some scammers are also very good at hiding their bad intentions, so sometimes it will be hard to identify which project is good to invest in.
The "shortcut" to being rich is probably one of the biggest (if not the biggest) issues that new people in the crypto industry have. So just to add, we also have to learn to remove that thinking from ourselves. Scammers are everywhere, experience and some kind of study help; do not invest without any good plan.

[pawanjain]

<snip>

We have the same thoughts, but we know that some scammers are also very good at hiding their bad intentions, so sometimes it will be hard to identify which project is good to invest in.
The "shortcut" to being rich is probably one of the biggest (if not the biggest) issues that new people in the crypto industry have. So just to add, we also have to learn to remove that thinking from ourselves. Scammers are everywhere, experience and some kind of study help; do not invest without any good plan.

Very true. Greed is what drives the senses away from a man who wants to earn money quickly.
The harsh truth that there is no shortcut to success. We all have to go the hard way to earn consistent pofits.
All the ones looking for a quick buck either lose it all or gets scammed by these scammers.
It is our own due diligence to put in the effort to research on investments that we are gonna make.
Without hardwork, there's no road to success.

[sajeeb21]

To put it plainly, here nothing is totally alright for us, everything is consistently unsafe. Safeguard yourself by continuously learning, update everyday news, do your own exploration while financial planning, don't pay attention to anybody's recommendation, avoid projects that guarantee exceptional yields and particularly never set up your resources in one place, putting away with cash can lose.
As the market develops, it's getting increasingly hard to bring in cash and the tricks are getting an ever increasing number of complex, so forever be dubious in all cases, never put your confidence in anybody.