Don't Fall Victim

[Cookdata]

What to do??
Firstly, you need to question  the fact that this coins are getting established and lunched at the halving period, why not get lunched years back before halving......(looks fishy)..... "halving brings up a bull market"

Anywhere there is money, just know that scammers will be there but this is not always the case of new projects launch during the halving and after the halving or during the bull run in general. If you notice during the bear market, people don't have any taste on any projects because even the potential ones usually are on losses, and with this, liquidity is taken away from the market but during the bull run, the market get excited and all of a sudden everyone want to invest this is why we see new projects comes to market this time.

However, in amidst of good projects, there will be bad people hiding under one or two trying to scam people just to get away with people's money and because the investors don't do investigations properly, they do fall victim especially the ones that has not experienced bull run before.

These are my give outs
Stay away from new meme and shitcoins (altcoins generally)
Although I'm not totally against  altcoins  but investment  should be focused on the real deal which is bitcoin
Avoid airdrops to prevent  dust attack on your wallets

Among others i could bring up are above. If there's  any addup, it's highly welcome.

The ten shitcoins has been in existence for many years and a lot of people should know this by now but I have come to a conclusion that people that will listen will listen and the people that will fall victim will still fall victim and  most often than not, it's greed. Meme coins are just the worst but a lot of newbies are not ready for that discussion; ask them about their portfolio and you will be surprised with what's in there.

[lalabotax]

....
My point is to create awareness  about the rapid increase in creation of shit and meme coins (altcoins generally)and most of them are about to lunch before the bitcoin halving .....

Honestly, bringing awareness to people who are really interested in projects that have the potential to be scams is quite difficult. Because, they are much more trusting of scammers who promise them lots of profits, compared to us. Therefore, we must provide various explanations that are very reasonable and also convincing for them. If not, then they will say no to what we said. This is ironic, but it often happens. And regret will only be behind.

In fact, there is a lot of education about scams. Never mind just education, there are also a lot of experiences regarding victimization scams. But unfortunately not many people want to understand that potential scams can happen to anyone. And they could be wrong. Therefore, being alert is necessary. By increasing our awareness and knowledge about various projects that have the potential to be scams, it is better to avoid than regret.

[Viscore]

What to do??
Firstly, you need to question  the fact that this coins are getting established and lunched at the halving period, why not get lunched years back before halving......(looks fishy)..... "halving brings up a bull market"

Just because a project is launching near the halving event isn't enough reason to call it fishy or a scam. What if it's a genuine project that has been planned this way and it's a requirement of their roadmap to launch the project during these times, what if they have planned to use this opportunity in their favour to attract more users and investors towards their project by launching it around the bull run and halving event?

So, I don't think what you said is what one should see when they are analysing a project to check whether it is a legit or a scam. There are other factors that one should notice to understand if the project has potential or if it has just been created to scam its investors such as looking at their history, a genuine project would be active around the industry and on social media even before their launch.

New projects have definitely their own timeline. Whether it’s launch pre halving or post halving, that will not guarantee that these certain projects are scams. We can only define that they’re scams once there is no real utility cases and their offers are quite good to be true that should lead us into thinking that they’re not reliable projects. If you are starting to see such kind of coins, avoid them at all cost. It’s better to stick to bitcoin and just buy and hold, than to risk your funds in altcoins where sustainable profits are hard to establish.

[odunybiz]

The sad truth is that they won't decrease but instead, many of the newbies that keeps coming in the market will fall for those scams and traps.

Thanks to the social media and crypto shitty influencers that keeps on shilling all of those altcoins that they've been paid to promote. They get affiliate money from promoting it.

And these newbies that think they're safe with these influencers don't have an idea that they're being sold out.

Using infiuencer suggestions and opinions to invest will be one of the greatest mistake a newbie will ever made. I myself have once fallen into this trap during the beginning of the last bear season. It is better for one to make his/her research on his own when investing than following all this paid influencers.

[Dzwaafu11]

This is one thing always common with during the bull run we always come across some promising projects that seems to be very good and when you invest you wouldn't know when the market will turned against you. That is why during bull market we don't expect to be jumping around coin because scammers can easily launched their coin during bull run and after they succeeded they dump the coin for those who invested at a new ATH.

These is the exactly what happen to some investors during the bull market, people don't calm down and look for good project and invest in. some people think during the bull run every coin that get pump will make them money without getting scam, they think during the bull run Investors are full in the market so any coin that get pump will continue like that which is not true. at the point scammers lunch many coins that seems to be good project but at the end of the day the even disappear in the market you will not see them anymore, and by the people have already invested in there.

But all these people that mostly fall victim during the bull market are investors who don't have their own way of investing; they follow their emotions, and greed pushes them to invest, which is why they get scammed. These reminders that the OP brought up now are very good, but the issue is that only a few people will stick to them; many will ignore them and get scammed.

[AVE5]

This is one thing always common with during the bull run we always come across some promising projects that seems to be very good and when you invest you wouldn't know when the market will turned against you. That is why during bull market we don't expect to be jumping around coin because scammers can easily launched their coin during bull run and after they succeeded they dump the coin for those who invested at a new ATH.

Most questionable fact about these new launching AltCoins and the MemeCoins is that where have they been all these while? Why haven't they been on the market trends during the the market prices are been frowning by investors?
Besides this is not really that the so coins gains increment effects by depending bitcoin increases. They basically obtains their potentials by hyping so why don't they trend when the market was on the low values?

It's obvious to have this figured that some of these coins are projected to vanish with the investors funds and strategically, they understands that they'd be successful on their Meme projects in gaining investors attentions only when investors are being excited during the bitcoin surge of increments in values there in the market trends.
Let's always stay watchful and don't fail to share suspicious informations that would help us manage the lost of funds in our investments while we remain a community in this forum.

[CryptopreneurBrainboss]

My point is to create awareness  about the rapid increase in creation of shit and meme coins (altcoins generally)and most of them are about to lunch before the bitcoin halving

Bitcoin halving draws attention to the industry as there is publicity all over the internet through news of Bitcoin having it's halving so it's expected that scammers will be coming to launch their projects to get some money from ignorant investors. Memecoins is their newest goldmine as they can hide behind being a memecoin to defraud their victims and yet they go untouched because the industry isn't a regulated one to punish them. Everyone is responsible for their safety here and if you decided to invest into a memecoins after all the discussion about them not being worth it by high ranked users, you should be accepting your fate for being ignorant.

These are my give outs
Stay away from new meme and shitcoins (altcoins generally)
Although I'm not totally against  altcoins  but investment  should be focused on the real deal which is bitcoin

To be safe, stay away from all altcoins not just the new ones because the old ones can also turn out to be an exit scam. Many altcoins will be using the bull market as an exit strategy knowing they don't stand a chance in the next bear bear as they escaped the last one with just luck. Investment in altcoins if there's any should be considered a gamble and not to be reliable. If you're new to the industry and don't have the experience yet, buy Bitcoin and hodl. Don't worry about the gains speculated on altcoins, accumulating Bitcoin that has a track record that's reliable and keep your Bitcoin offline through using a hardware wallet and storing your recovery phrase in a secure location that isn't connected to the internet should be your focus.

[promise444c5]

Bitcoin halving draws attention to the industry as there is publicity all over the internet through news of Bitcoin having it's halving so it's expected that scammers will be coming to launch their projects to get some money from ignorant investors. Memecoins is their newest goldmine as they can hide behind being a memecoin to defraud their victims and yet they go untouched because the industry isn't a regulated one to punish them. Everyone is responsible for their safety here and if you decided to invest into a memecoins after all the discussion about them not being worth it by high ranked users, you should be accepting your fate for being ignorant.

Recently, alot of new and old memecoins seem to be pumping hard even those that were 500%+ dump before.
Why?? It's  simple the meme market is more and becoming a means of trap to new investors, even old investors  fall into these traps because they  seem promising.
Devs are cunning  they make projects invest in it  dump in it after they gain alot of profits from it , using  out of that same same money to start and establish new projects  to fetch them much profit, exploiting  investors of their money and having nothing  to sacrifice  as a dev

If you're new to the industry and don't have the experience yet, buy Bitcoin and hodl. Don't worry about the gains speculated on altcoins, accumulating Bitcoin that has a track record that's reliable and keep your Bitcoin offline through using a hardware wallet and storing your recovery phrase in a secure location that isn't connected to the internet should be your focus.

That's  it  a new investors  should completely stay away from anything alt in crypto as it has it own games and how it's  being played , instead  they should focus on getting a privacy and secure wallet  to start holding BTC just as it has been  mentioned by CryptopreneurBrainboss

[Makus]

People who I fear for the most, are those who value new project so much, even before they get listed in an exchange. The fact that meme coins and shitcoin can seem to ba a potential coin and pass through all the KYC requirements is not a new update. We must be careful with the coins we choose for investment because there are scammers around the crypto network now. That is why after the bear run you'll observe that some coin will not get back up. That's because most of them are scam projects.

[Abu-Naim]

People who I fear for the most, are those who value new project so much, even before they get listed in an exchange. The fact that meme coins and shitcoin can seem to ba a potential coin and pass through all the KYC requirements is not a new update. We must be careful with the coins we choose for investment because there are scammers around the crypto network now. That is why after the bear run you'll observe that some coin will not get back up. That's because most of them are scam projects.

Those people are taking too much risk, although sometimes they make it quick before people that invested in bitcoin if they are wise enough to take profit once the coin get small recognition before it fell down again.

Some of these investors are not too vigilant about their privacy provided they will earn some $ if they if the coin do well, as such, they will do the KYC irrespective of the conditions involve Just for money.

[promise444c5]

Op I was more interested to hear about the scam coins your friends introduced you to. How was the end ot it? And why would your friends introduce you to Coins that's obviously a scam? I think such friends could think evil towards you, so you just have to be careful with those folks. Your friends too could be one of the architects of the MemeCoins developers.

No way I missed this, their case turned out to be a very funny one.
They were no architects, instead they turn out to be the last worke on chain structure investment   which means they are working  for other investors

[Makus]

Those people are taking too much risk, although sometimes they make it quick before people that invested in bitcoin if they are wise enough to take profit once the coin get small recognition before it fell down again.

Some of these investors are not too vigilant about their privacy provided they will earn some $ if they if the coin do well, as such, they will do the KYC irrespective of the conditions involve Just for money.

Correct, in as much as these coin are very volatile, they can give it holders a very rapid profit and can even take it all before the holder could realize that it was a shitcoin. Trading this coin requires a skill to know when to buy and sell. So if you want to become successful in trading altcoin, you'll need to stay vigilant and be able to read price charts to know what might likely happen next. But if it were to be Bitcoin investment, holding for long term doesn't necessarily mean you'll be learning all those reading of price charts and all of that, but having it as a added knowledge is a good one.

[Y3shot]

People who I fear for the most, are those who value new project so much, even before they get listed in an exchange. The fact that meme coins and shitcoin can seem to ba a potential coin and pass through all the KYC requirements is not a new update. We must be careful with the coins we choose for investment because there are scammers around the crypto network now. That is why after the bear run you'll observe that some coin will not get back up. That's because most of them are scam projects.

Having a project listed on exchange is not a guarantee that the project will be a potential one that will be reliable,  people need not to be deceived because a project is listed in exchange and they are fine with  it to invest a good amount of money in it. New projects needs to be handled with care and people should not just embrace new project so fast and expecting so much from it.

[Crypt0Gore]

I will advise any developer to release their coins after Bitcoin halving, many investors don't understand that a bear market is also not very nice with developers, they struggle to keep their projects alive in a bear market, I dont feel like it is wrong to release your project after BTC halving, its smartness.

If your timing is right you can avoid dumps but still, a project released after bitcoin halving can turn into a scam, in this crypto space it's better to be more interested in timing, even shitcoin can bring you insane money if your entry is good enough, like how Dogwifhat did days ago.

I am into new projects but I always make sure that they raise goof amount of money and probably from Dao maker or Binance Launchpad, it gives me more assurance on how reliable the project is.

[Taskford]

People who I fear for the most, are those who value new project so much, even before they get listed in an exchange. The fact that meme coins and shitcoin can seem to ba a potential coin and pass through all the KYC requirements is not a new update. We must be careful with the coins we choose for investment because there are scammers around the crypto network now. That is why after the bear run you'll observe that some coin will not get back up. That's because most of them are scam projects.

Having a project listed on exchange is not a guarantee that the project will be a potential one that will be reliable,  people need not to be deceived because a project is listed in exchange and they are fine with  it to invest a good amount of money in it. New projects needs to be handled with care and people should not just embrace new project so fast and expecting so much from it.

It really doesn't guarantee anything since they are just making it listed on public so that anyone could buy and if the dev have bad plans towards their token created then they can easily do what they want easily especially if they got a lot of volume on those exchange. So Its more better that we should not expect more on new project since the reputation of its creators is still questionable and much better for this is we should take our capital out so we can be safe for anything negative possibilities that might happen. If we want to continue to take the risk then we should use the profit we get and try to earn some profit with it so we will not get hurt so bad once those unexpected thing happen and we can move on easily.

[Makus]

Having a project listed on exchange is not a guarantee that the project will be a potential one that will be reliable,  people need not to be deceived because a project is listed in exchange and they are fine with  it to invest a good amount of money in it. New projects needs to be handled with care and people should not just embrace new project so fast and expecting so much from it.

Even scam projects get listed in exchanges. Scammer are now doing their best to make sure the coin looks perfect and running as every other normal coins. But the intent of why the coin was created is for scam purpose. We must be careful especially now that Bitcoin halving is on its way, will find lots of new projects in the market most of which some are scam project while other are good project. Sometimes due to lack of management or development skill a project could end up a shitcoin, even when it real Intent was to make a good project.

[Solokan]

Indeed, during a bullish market like now, Altcoins always appear that promise exorbitant profits, but not all of them are bad because sometimes there are also projects that are good and have the potential to be good, but yes, we have to be careful WithAltcoins because there are so many victims who fall as a result of buying altcoins that are of poor quality.

This is good advice, hopefully this topic will make beginners and all of us be careful in investing and indeed the best thing is to keep investing in Bitcoin. Of course we have seen real evidence that investing in BTC has the potential to be good for the future and the proof is that Bitcoin has made New ATH and of course this is clear proof that Bitcoin is the safest crypto asset.

but yes, most people invest in coins that are not of good quality due to greed, which makes people always suffer because they speculate too high and end up crying and regretting losses afterward. Yes, in this case we have to be alert and have to continue to increase our knowledge so we can choose which crypto is worth buying.

[Antotena]

These are my give outs
Stay away from new meme and shitcoins (altcoins generally)
Although I'm not totally against  altcoins  but investment  should be focused on the real deal which is bitcoin
Avoid airdrops to prevent  dust attack on your wallets

Among others i could bring up are above. If there's  any addup, it's highly welcome.

I wish they can listen to this advise. However, I think people that fall into scam are the newbies most often, people that are here since last bull run and experience a bear market must have heard or read one or two scams and how people loss money through the things you have explained, we all experienced how people loss millions from various altcoins even though the claim to be legit but they failed. People that need this message are the people coming into the crypto space as we are experiencing another bull run.

My definition of newbies stretch not just random detail investors, I mean even some of these institutional investors that are buying anything they set their hands on, they need it too because no knowledge is a waste knowledge, it can save you anytime, it's just like doing precautions things and learning to stay out of the trouble.

[Hyphen(-)]

What to do??
Firstly, you need to question  the fact that this coins are getting established and lunched at the halving period, why not get lunched years back before halving......(looks fishy)..... "halving brings up a bull market"

There is no problem with the newly created and listed coins, the main problem is investing in them without deep insight about the project.
During or few months to halving is the right time to lunch new projects because that’s the time people come into crypto space just to make money. If you have good knowledge, you will only invest in Bitcoin and be using these new altcoins to make money through buy and sell because they are not a long lasting coins that will be reliable.

These are my give outs
Stay away from new meme and shitcoins (altcoins generally)
Although I'm not totally against  altcoins  but investment  should be focused on the real deal which is bitcoin
Avoid airdrops to prevent  dust attack on your wallets

These advices are good ones, but discouraging people from altcoin looks somehow. Bitcoin is the best to invest on while Altcoins gives us money quick especially the meme coins.
Newbies come with the mindset of making it from meme coin because of FOMO which is what do lead them to lose money.

Avoiding airdrops is a good advice.

[Kristiyana]

What to do??
Firstly, you need to question  the fact that this coins are getting established and lunched at the halving period, why not get lunched years back before halving......(looks fishy)..... "halving brings up a bull market"

There is no problem with the newly created and listed coins, the main problem is investing in them without deep insight about the project.
During or few months to halving is the right time to lunch new projects because that’s the time people come into crypto space just to make money. If you have good knowledge, you will only invest in Bitcoin and be using these new altcoins to make money through buy and sell because they are not a long lasting coins that will be reliable.

These are my give outs
Stay away from new meme and shitcoins (altcoins generally)
Although I'm not totally against  altcoins  but investment  should be focused on the real deal which is bitcoin
Avoid airdrops to prevent  dust attack on your wallets

These advices are good ones, but discouraging people from altcoin looks somehow. Bitcoin is the best to invest on while Altcoins gives us money quick especially the meme coins.
Newbies come with the mindset of making it from meme coin because of FOMO which is what do lead them to lose money.

Avoiding airdrops is a good advice.

talking about staying away from altcoin and meme coin, but a lot of people have been benefiting from this coin? what i was expecting you to say is that altcoin and meme coin shouldn't be use for Long term investment, instead of discouraging people from altcoin and meme coin. However I agree with you that bitcoin is the best to invest, and if you want to get profited from bitcoin investment, you need to hold it for Long time. Talking about airdrop, though there are some airdrop project that is genuine, but I don't like participating in any airdrop project, I always avoid them.