Do not easily believe Cryptos

[azmirihaque]

Scams, frauds, or hackings have happened many times. So, we must be so surprised by this news. That's why people say investing or trading in crypto has high risks. But we can minimize or prevent our selves in certain ways. At least, don't too easy to believe in new people, greedy/unreasonable offers, or careless with our private keys.

Scammers are always active in all the places all the time. We have experienced different times the scamming in this market. Few months ago Spire-X has flew away with cheating a lot of people. So, we should always be concern against such scammer and never should easily believe all the cryptos. 

[Rafiq]

Hacking, scams, fraud have happened many times in the crypto world; It can happen at any moment. This has already happened in various crypto exchanges, including Binance. So we all have to be careful about this; One should not respond to greed by believing in unreasonable offers. Besides, the private keys of different accounts have to be stored carefully.

[@chison]

It is necessary one does a routine check before believing. One  needs to know the project engagement with investors and other interesting aspects. Community really matter in accepting or willing to join a project

[Debasco]

to some extent you are right, one issue about crypto is volatility, the price do change at any point in time, apart from that its as good as money, or as investment. somehow somehow do see reason to trust it to some extent.

[H2O]

How can i believe in cryptocurrency, because I an investors in cryptocurrency market cap but a few days ago i Participated a ieo which running on probit exchange. Homt is my investment coins which I bought at the rate of 0.36 dollar but now price below 3 cent.

[Lutera94]

it is very sad that we faced to lots of scammer , now are afraid to trust anymore but i believe that in 2020 scammer dont doing their best. because we are learn from our past now we should to avoid scammer in proper way.if we alert & research all project before doing work then we can minimize scam.

[hushpupppy]

It dooes not have to be crypto currency alone, but you cannot believe anything easily, especially when it involves money and investment. Always do your own research and ensure you are atmost safe with your investment before you get in. Do not gamble, crypto currency requires technicality

[Debasco]

Yes, sure; its still a means of earning, when one participate in a good project, and conduct necessary research before investing and before participating in any bounty one can never be scammed victim, because the research will be a guide and a means of necessary precaution.

[Rakin343]

Cryptocurrency must be trusted. Don't believe it's not right at all. Because cryptocurrency is a very honest site. Cryptocurrency is a site where the price of a coin can go up a lot as it goes up. And the price of another coin can come down a lot as it goes down. A lot of times we see ICOs over price. Comes to market with high prices. And many coins come into the market with much lower quality prices than the ICO price. It depends entirely on buying and selling. So I would say cryptocurrency is not right to blame.

[Joyjoyce0]

Yes, not all crypto projects can be trusted. Even some project that had the identity of the teams behind them still ran away with investors funds after ico. This is not to say cryptos can not be trusted, there are a lot of good projects in the market but you just have to DYOR and be sure

[pulpy]

Yes, it's not easy. First of all, because many people invested the wrong way. they lose money.  But if more and more people will invest safe, trust for the crypto will grow. So, I recommend paying more attention to the structured deposit technology. Why not?

[Coin63@]

All cryptocurrencies don't worthy to invest and trustable. Some projects arranged ieo but after completion of ieo sessions, some projects will turn to scamm projects. So all projects should n't be trusted.

[Bobcrypto]

Yes, you have a point here, most of the IEOs are arranged in some these exchanges, after successful token sale they dump the coin and run away. IEOs may be more hardly hit from scammers and could be worst than ICOs. I am so disappointed with the ways IEOs are been manege, it seems there are compromise between some of these exchanges with scammers.

[Quantum X]

Cryptos were designed to be as promising as possible to gain the potential investors and adopters and the very funny is that most of us in crypto apace knows about it and yet most were also victimize by their bait. What I'm telling is that it is literally hard to keep away from risk.

[Absolutep]

Individualy, we need to be very careful with the way we handle our assets, let us be sure of the safety of an exchange before we pit our assets in it, we should also be very careful about our we protect our wallet because thses are the ways through which hackers can get to us.