Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Binance Smart Chain + Ecosystem => Topic started by: Master107 on April 21, 2021, 12:00:52 AM
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You know, thieves are floating around in crypto seeking for someone to grab their money. Don't trust easily the so called "new project on BSC platform." Scammers are everywhere from ERC20 and BSC and so on.
Be careful not to give in to realistic/unrealistic platform copycat with ugly project background. To research is a must. Don't be in hurry to invest without knowing first. Take care of your money. Much better to go with the flow where the professional team manage the project with realistic goal and use case.
BSC did not promised the zero scam project. Be cautious.
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BSC did not promised the zero scam project. Be cautious.
Indeed, no blockchain can able to provide a guaranteed scam free projects. That's why we need ot be aware of those scam projects and DYOR first before taking further steps for any projects. Also, many projects look great or promising at the beginning,but those become a rugpull one at the end. So, yield farmer also needs to be careful and control our greed from high APY as whales can manipulate the price of that projects and dumped a lot.
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@Review Master
I agree. Dyor always matter every time we are dealing with investment or whatever as long as we are in crypto ecosystem. Project that looks like promising is not 100% legit potential as what you said "rug pull." There are hopeful investors toward their investment and yet in just a day the team run the huge money. So devastating for the other investor that some might sacrifice their daily meal or savings just to invest. The Scammers seems inhuman (not considering the loses of others).
Btw, just want to share. NextMoon is different. The team refunded the victim who bought fake NextMoon. They also asked who bought 10$ worth of token and sold when the price dump (they will refund). A kind approach with compassion to the community. Salute
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For sure, there is a lot of crap being created everyday, aways make some reasearch before buying any kind of token bep20
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On this time i see that many people invest their fund on all Low cap Bsc project and also i see that many people make some good money for their investment. I also i see that now BSC token is a Trending on market. But i think we can invest $5-$50 usd on this Type bsc project.
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This time, BSC projects are swarming like locust in the BSC blockchain. Most of them are definitely a "Pump and dump" projects, or even rugpulls. My friend recommends a coin that will be listed and said "this will go to moon" to our other friends and i warn them about that. and then, a rugpull happens. Our friends suffers a massive lost on their portfolio just like that.
Lesson: Research first. "DYOR".
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~ But i think we can invest $5-$50 usd on this Type bsc project.
If these amounts don't hurt you even if you lose them from exit scams and/or rug pulls, I guess it's okay. Just be reminded that many of the new projects with low caps are high risk-high return plays. In most cases, it's more like gambling than investing.
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~ But i think we can invest $5-$50 usd on this Type bsc project.
If these amounts don't hurt you even if you lose them from exit scams and/or rug pulls, I guess it's okay. Just be reminded that many of the new projects with low caps are high risk-high return plays. In most cases, it's more like gambling than investing.
I do the exactly same thing, since we are in bull market. At this time which coin is gonna high we have literally no idea. Some alt coin can speedily heading to the moon and we could double or triple our investment. But, only little portion of investment is good.
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At this time which coin is gonna high we have literally no idea. Some alt coin can speedily heading to the moon and we could double or triple our investment.
That's actually happening. I remember a post in another forum few days ago that his $20 gamble on a token turned into $1,000+ in two months time. It happened at the same time Doge was pumping to $0.4. I don't know if he cashed out and took profits already though.
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You know, thieves are floating around in crypto seeking for someone to grab their money. Don't trust easily the so called "new project on BSC platform." Scammers are everywhere from ERC20 and BSC and so on.
Be careful not to give in to realistic/unrealistic platform copycat with ugly project background. To research is a must. Don't be in hurry to invest without knowing first. Take care of your money. Much better to go with the flow where the professional team manage the project with realistic goal and use case.
BSC did not promised the zero scam project. Be cautious.
Of course, you're right. don't trust easily all bsc tokens. I see there are many new BSC project..But we must be careful to invest and learn the team and the project. Because I also see several good project like safemoon and Moonrat.
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Of course, you're right. don't trust easily all bsc tokens. I see there are many new BSC project..But we must be careful to invest and learn the team and the project. Because I also see several good project like safemoon and Moonrat.
Within shit coins the potential may come out. As we know that all projects are in genesis stage which in vital moment to form bigger and strong community with trust. Scam or rug pulls are always possible. As what we always recommend, dyor is necessary and just invest what we can afford to lose just in case.
Btw, you can include NextMoon.
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Of course, you're right. don't trust easily all bsc tokens. I see there are many new BSC project..But we must be careful to invest and learn the team and the project. Because I also see several good project like safemoon and Moonrat.
By researching on the quality of the team or project isn't enough to be sure that it would be safe to invest. As every team of a project will surerly act like a professional one and try to convince community members that they're here to do more things and they'll be game changer in the crypto community. In the mean time, most of the community members get faith on them for their actions, but some of those projects become a scam or rug pulled project. So, we should always try to profit out the initial amount whenever we are on profits and don't fall for greediness, IMO.
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Do not believe in any project no matter what chain it is on, BSC is not perfect of course and there are also scams. We always have to read the project documentation, social networks, articles, seek the experience of the team members and much more.I will never tire of repeating it, DYOR, does not matter in which chain the projects work.
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Beware is probably better than being reckless on the path of the Binance Smart Chain.
This hive for the Binance Smart Chain is so powerful that it overloads the blockchain of the Binance Smart Chain.
I saw Changpeng Zhao write that tweet a few days ago and I was really amazed that the Binance Smart Chain community is so huge.
But behind all this, there will definitely be a handful of people who take advantage of the hives of the Binance Smart Chain and create bep20 tokens quickly and when listing on the Decentralized Exchange sells all their tokens and there is Rugpul.
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I believe that each of us should understand a very simple truth that today binance Smart Chain is used by everyone who does not like the high commission on the Ethereum network, that is, they save. Although Each of us should understand the fact that Ethereum is a decentralized platform, which means it is much better and safer than bsc. Although there are very good projects on the binance smart chain, but among the total, their turn is difficult to recognize.
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Since that Bsc token was very trending so far, I am pretty sure too that most of the scammers now are now moving here or riding with flow to find a victim and collect money from the investors, where they are thinking it is one of the gullible members here. This is no difference with the ico, sto, ieo, so pets be careful of course.
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Since that Bsc token was very trending so far, I am pretty sure too that most of the scammers now are now moving here or riding with flow to find a victim and collect money from the investors, where they are thinking it is one of the gullible members here. This is no difference with the ico, sto, ieo, so pets be careful of course.
Some are dust, some are pure gold. SO, we might have talk about BSC projects mate. It depends on our research whether we will victim or profit hunter. Suppose you have good collection, takes some months of holding then finally paid nicely. I'm holding, and really have no plan to sell it.
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You know, thieves are floating around in crypto seeking for someone to grab their money. Don't trust easily the so called "new project on BSC platform." Scammers are everywhere from ERC20 and BSC and so on.
Be careful not to give in to realistic/unrealistic platform copycat with ugly project background. To research is a must. Don't be in hurry to invest without knowing first. Take care of your money. Much better to go with the flow where the professional team manage the project with realistic goal and use case.
BSC did not promised the zero scam project. Be cautious.
Yes, you are right there are many projects scamming people and grabbing their money, so we should research every project before investing in that project and there are many shitcoins which you can buy from pancakeswap but you can't sell beware of these tokens.
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Many people make the grave mistake of thinking that Binance Smart Chain is perfect simply because it is owned by Binance. There is nothing perfect in crypto, and there will always be thieves where there is money that can be stolen. What we all have to do is DYOR, DYOR, and then more DYOR, so we will avoid scares and robberies, it is the only way and it is not perfect either.
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Many people make the grave mistake of thinking that Binance Smart Chain is perfect simply because it is owned by Binance. There is nothing perfect in crypto, and there will always be thieves where there is money that can be stolen. What we all have to do is DYOR, DYOR, and then more DYOR, so we will avoid scares and robberies, it is the only way and it is not perfect either.
101% agree... :D whether ER20, BSC and whatever blockchain base. We should not believe easily.Either Transparency and Team aren't the identification in today's case as we know it is so easy to fake, not unless the team shows up their real identity. Dyor, dyor, dyor, and dyor is necessary to lessen the possibilities to get in to scam project (still not perfect).
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In my opinion this warning applies to all platforms, not just BSC. It's just that this platform is now enjoying increased attention from investors and users, and where there is an increased demand, there will always be various kinds of scammers. Everything new that appears on the cryptocurrency market, first of all, needs to be approached from the point of view of security and the existence of certain risks, since any area of this market can both bring us great profits and loss of invested funds. Of course, there is no place for trust. Everything needs to be carefully studied and rechecked.
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I agree that we should not trust right away on BSC tokens because there are many scam tokens nowadays not just ERC20 tokens. BSC is now very popular so for sure many scam tokens have been created so careful, always do your own research.
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In my opinion this warning applies to all platforms, not just BSC.
Absolutely. No favoritism. Scammers are everywhere. So, let us always be cautious.
I agree that we should not trust right away on BSC tokens because there are many scam tokens nowadays not just ERC20 tokens. BSC is now very popular so for sure many scam tokens have been created so careful, always do your own research.
Yeah, BSC is so hot now that use by scammers to take advantage the newbies and every possible victim. Hope we won't fall on their trap. How I wish we are all safe always.
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Some good money for their investment. I also i see that now BSC token is a Trending on market. But i think we can invest $5-$50 usd on this Type BSC project. BSC projects are swarming like locust in the BSC blockchain. Most of them are definitely BSC is not perfect of course and there are also scams. We always have to read the project documentation, social networks, articles, seek the experience of the team members and much more
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Many of them are taking advantage of the current popularity of the BSC to commit fraud, if we see that there are many worthless tokens that end up harming many people. Carefulness and thoroughness is required so that we don't get caught up in a scam project.
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In a short period of time BSC will be filled with thousands of useless tokens like Ethereum and Tron, scammers are everywhere, all chains and they will always think of new ways to scam people. To avoid these scams we must verify all the information we can, that is the only way they will not be able to scam us.
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Sadly with the rise of interest in the Binance smart chain network, it has attracted a lot of bad actors whom are only out to take people's hard earned money. I will also advise that everyone especially newbies should be very careful before putting their money into any assets, especially newly launched assets. Always do your own proper research before deciding on putting your money in any shitcoin.
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I am totally agree with above all. So, basically the reason behind this, we being human are greedy, we want to be rich in one night. We have seen that new token grow faster so we invented blindly and even do not bother to do research of token. Slot of token white paper is plagiarized from well know token and they are just created for scams as major portion is held by creater and they pump coin and sell all coins and run away.
So be careful and do some research before Investment.
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Don’t Trust easily all BSC token Because scammers now are now moving here or riding with flow to find a victim and collect money from the investors. So be careful baying any kind of token.
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BSC becomes where scam projects choose to scam investors' money. Currently we have too many new projects on BSC with website created about 1-2 months ago and earning huge capital. Investors are putting money into these projects the way they bought ICOs in 2017. Be careful, I only believe in top altcoin projects.
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Every Crypto project, be it in the BSC or ERC, is bound to commit fraud, but because making a BSC smart contract is very easy, BSC Tokens are more likely to be fraudulent. Therefore, we must be careful and do further research if we want to invest in new BSC tokens.
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Every Crypto project, be it in the BSC or ERC, is bound to commit fraud, but because making a BSC smart contract is very easy, BSC Tokens are more likely to be fraudulent. Therefore, we must be careful and do further research if we want to invest in new BSC tokens.
The fact is that the conditions of binance Smart Chain contribute to the development of fraud, as well as an increase in the number of junk coins, because the project team does not spend any finance, and does not care about its value.
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The fact is that the conditions of binance Smart Chain contribute to the development of fraud, as well as an increase in the number of junk coins, because the project team does not spend any finance, and does not care about its value.
You are absolutely right in what you say and I totally agree, but that's where personal responsibility comes in, of each one of us. We all have to know how to study projects to avoid being scammed. BSC is not perfect, Ethereum is not perfect either, no platform is perfect. Our ability to detect scams is the only thing that can help us.
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Scam projects are everywhere, therefore, before investing in any project, you need to fully study it many times and then make a decision to invest in this project or not, and in general, scam projects are becoming more and more as cryptocurrencies are becoming more and more popular and unfortunately almost no one fights with scammers.
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No matter which chain you use in cryptocurrency, none of it is completely secure, because there are some dishonest people everywhere. The Ethereum chain is not entirely secure as we all know many have lost their stored assets here in the past. That's why almost everyone is using the BSC chain. But many are skeptical about whether the BSC chain is safe to buy. We all need to be aware of why we don't use chains that are not 100 percent safe.
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Binance Smart Chain is centralized and you shouldn't be too quick to trust BEP20 tokens.
Research for all cryptocurrencies should be detailed, careful and thorough because cryptocurrencies are full of drama and difficult to control if we lose money.
Binance Smart Chain is a platform from BNB which has very strong endurance which always has full support from Changpeng Zhao but unfortunately it is centralized.
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Never trust easily on all crypto. That is good. Because whether it si BSC token, ERC20 tokens, TrX tokens and other types of tokens of platforms, there will be always scammers who utilize the platform to build certain tokens and scam people. And that is why we must be more and more careful, smarter, and also wiser when going to invest or participate in the projects.
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You know, thieves are floating around in crypto seeking for someone to grab their money. Don't trust easily the so called "new project on BSC platform." Scammers are everywhere from ERC20 and BSC and so on.
Be careful not to give in to realistic/unrealistic platform copycat with ugly project background. To research is a must. Don't be in hurry to invest without knowing first. Take care of your money. Much better to go with the flow where the professional team manage the project with realistic goal and use case.
BSC did not promised the zero scam project. Be cautious.
Yes, brothers, thieves will always be there. We should be careful of thieves.If we don't keep our erc20 wallet secret all the time, we will be ruined if it falls into the hands of a thief.Because it is normal for thieves to be very clever.So keep the wallet carefully and keep your earned money safe.
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You know, thieves are floating around in crypto seeking for someone to grab their money. Don't trust easily the so called "new project on BSC platform." Scammers are everywhere from ERC20 and BSC and so on.
Be careful not to give in to realistic/unrealistic platform copycat with ugly project background. To research is a must. Don't be in hurry to invest without knowing first. Take care of your money. Much better to go with the flow where the professional team manage the project with realistic goal and use case.
BSC did not promised the zero scam project. Be cautious.
many people are only interested because they dream of making a big profit from investing in new tokens using the bsc network...
We can see for ourselves that there are currently hundreds of shittoken using the bsc network, which was created just to steal other people's money, be careful with that, because it's all a fraud.
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In cryptocurrency again many people fall into the trap of fraud.People kill their tokens by forgetting various things.If there is BTC, they try to escape from the trap more.There are so many people in the world who are growing up by killing everything else. We have to work carefully all the time and deal with them by checking everything.It also kills a lot of people while making transactions.So whatever we do we always have to do with caution.If we are always vigilant, no one will be able to trap us or cheat us.
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many people are only interested because they dream of making a big profit from investing in new tokens using the bsc network...
We can see for ourselves that there are currently hundreds of shittoken using the bsc network, which was created just to steal other people's money, be careful with that, because it's all a fraud.
That happens exactly out of greed and doing everything quickly. Many people do not stop to search for information or consult smart contracts and they buy for the simple fact that the tokens have the same name as a well known project. I have been seeing this situation for several days on different Telegram channels and they lose money that they will never get back.
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Do not believe in any project no matter what chain it is on, BSC is not perfect of course and there are also scams. We always have to read the project documentation, social networks, articles, seek the experience of the team members and much more.I will never tire of repeating it, DYOR, does not matter in which chain the projects work.
Precisely. There are projects that promise but can't deliver, and there are others that can deliver but can't get the word out there. Everything boils down to how a project is seen by members of the community at large. Proper research on the likelihood that a team will be able to deliver a solution is vital.
It's because ICOs are mostly ideas. In my opinion, a project's long-term success is based on how well it can meet its original goals while still giving itself room for improvement.
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You know, thieves are floating around in crypto seeking for someone to grab their money. Don't trust easily the so called "new project on BSC platform." Scammers are everywhere from ERC20 and BSC and so on.
Be careful not to give in to realistic/unrealistic platform copycat with ugly project background. To research is a must. Don't be in hurry to invest without knowing first. Take care of your money. Much better to go with the flow where the professional team manage the project with realistic goal and use case.
BSC did not promised the zero scam project. Be cautious.
Yes, you are right i think because whatever BSC or any other coins platform, Scammers are everywhere and they must try to do their job. But as a investor we mush have to careful about it. I think a investor must see the projects details when they do investment. Matter of sorrow that once real projects sometimes scam at the end by team so this is very frustrated.
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BSC wallet is much better but always we should not depend on all the projects which have been launched on the BSC wallet. Before investing you have to research more , know about the team member and about their professionalism. after knowing well you have to invest.
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This is also happening to the ERC20 tokens. Both BSC and ERC20 tokens are easy to be created. Many scammers create new projects using the platforms and then getting the victims of investors.
And many scammers also create fake tokens in the BSC platform in order to be the same as the original one. We can find some of this fake tokens on Pancakeswap. Just be careful. Always do research and analyze from the official group about new tokens listing, and also about the new projects to follow
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This is also happening to the ERC20 tokens. Both BSC and ERC20 tokens are easy to be created. Many scammers create new projects using the platforms and then getting the victims of investors.
And many scammers also create fake tokens in the BSC platform in order to be the same as the original one. We can find some of this fake tokens on Pancakeswap. Just be careful. Always do research and analyze from the official group about new tokens listing, and also about the new projects to follow
That has always happened and will continue to happen on any chain where a token can easily be created. If platform restrictions are low or null, more scams will continue to appear because anyone can create tokens. I don't know to what extent that facility could be limited by implementing some kind of restriction, but I think sooner or later they should do something.
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Binance Smart Chain Wallet is playing a huge role in cryptocurrency. Due to which everyone is leaning towards this wallet and more and more savings are available. And all the projects, however, are BSC address papers and there is a lot of potential for further growth in the future.
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Yes I am agree with you But I know BSC are most acceptable token for many project now. If you attend recent project so you can see most of project are giving payment in bsc wallet. Because its very trustable, secure and popular. many people are invest here for long time to get huge profit.
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A lot of new tokens are coming out on the bsc network and most of them have a very large total amount. There are too many scam projects in the environment because the coins are very cheap. It's not clear what it is. While there were 650 altcoins in 2017, there are now more than 10 thousand coins.
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A lot of new tokens are coming out on the bsc network and most of them have a very large total amount. There are too many scam projects in the environment because the coins are very cheap. It's not clear what it is. While there were 650 altcoins in 2017, there are now more than 10 thousand coins.
The good and bad of the appearance of new projects is that 99% are worth nothing, they are just copies of copies, so there is no need for investors or users to do anything, those projects disappear by themselves and end in 0. The remaining 1% is the one that interests us, because some of those projects can be really good.
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The Beans Smart Chain Wallet is currently playing a huge role in cryptocurrency due to its low gas fees. Most of the Bounty projects are now coming to the "BSc platform" due to the high transit fees of Ethereum. Cheaters and hackers are active in crypto, they come up with scams, which will leave you speechless. So the "new project of BSc platform" will not really believe anyone's word and will take part in the project after saving the verification.
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Before we enter the cryptocurrency space, we should also research first because I am sure that we are knowledgeable people who must understand our every step in starting our activities, especially since this is an activity that includes the risk of losing our assets.
Binance Smart Chain has a very large community but behind that also Binance Smart Chain has a lot of trash tokens and even in my wallet there are also a lot of strange trash tokens that automatically enter the wallet.
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You know, thieves are floating around in crypto seeking for someone to grab their money. Don't trust easily the so called "new project on BSC platform." Scammers are everywhere from ERC20 and BSC and so on.
Be careful not to give in to realistic/unrealistic platform copycat with ugly project background. To research is a must. Don't be in hurry to invest without knowing first. Take care of your money. Much better to go with the flow where the professional team manage the project with realistic goal and use case.
BSC did not promised the zero scam project. Be cautious.
That's a good thread, I agree, don't trust easily at BSC tokens.
Because too many scam project there.
I personally have bought several coins and rug.
So, be careful.
We must learn their projects and team behind the project
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I think tokens on Ethereum platform are as reliable as BSc platform stores but not as reliable. There are many tokens on the Binance platform that are completely exhausted by pumping in the market for some time. So, before buying the stores of Binans Smart Chain platform, one must think carefully.
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That's right, there is no need to rush with the purchase of new tokens, you first need to determine what kind of project it is, who is developing it and what goals. There are a very large number of fraudulent projects on the cryptocurrency market right now.
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it's Almost the same when there are many new tokens on the ethereum network in 2017 and 2018 when ICOs at that time were in a good trend, I learned from that experience and I thought I would invest in a coin backed by Binance lab in Binance smart chain, It's hard to choose a new coin that has good fundamentals but we can learn from every experience we have to avoid worthless tokens because the project was abandoned by the developer.
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it's Almost the same when there are many new tokens on the ethereum network in 2017 and 2018 when ICOs at that time were in a good trend, I learned from that experience and I thought I would invest in a coin backed by Binance lab in Binance smart chain, It's hard to choose a new coin that has good fundamentals but we can learn from every experience we have to avoid worthless tokens because the project was abandoned by the developer.
When this happens with a project, it certainly depends on the developers themselves and not on the platform on which it was created. This is the experience that is gained and you begin to understand more thoroughly the projects you want to invest in.
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You know, thieves are floating around in crypto seeking for someone to grab their money. Don't trust easily the so called "new project on BSC platform." Scammers are everywhere from ERC20 and BSC and so on.
Be careful not to give in to realistic/unrealistic platform copycat with ugly project background. To research is a must. Don't be in hurry to invest without knowing first. Take care of your money. Much better to go with the flow where the professional team manage the project with realistic goal and use case.
BSC did not promised the zero scam project. Be cautious.
of course, many scam projects there.
We shouldn't trust easily, I agree with your.
See the project, team and always follow the news on their social media.
I see several projects were rug.
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I believe that each of us should understand a very simple truth that today binance Smart Chain is used by everyone who does not like the high commission on the Ethereum network, that is, they save. Although Each of us should understand the fact that Ethereum is a decentralized platform, which means it is much better and safer than bsc. Although there are very good projects on the binance smart chain, but among the total, their turn is difficult to recognize.
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Of course, there are lots of tokens created from the BSC network, so everyone must be careful because it is easy to create tokens on the BSC network, so a lot of tokens are scammed and just become garbage, when you want to buy make sure the address of the token maker or smart chain token is correct.
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This time, BSC projects are swarming like locust in the BSC blockchain. Most of them are definitely a "Pump and dump" projects, or even rugpulls. My friend recommends a coin that will be listed and said "this will go to moon" to our other friends and i warn them about that. and then, a rugpull happens. Our friends suffers a massive lost on their portfolio just like that.
Lesson: Research first. "DYOR".
Based on practice, it can be noted that the number of fraudulent projects is growing among everything that is popular. Therefore, the popular BSC will have the most scammers. Before investing in any project and any cryptocurrency, everything needs to be checked and rechecked. It will always be relevant.
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The platform that has cryptocurrency, the higher the value, the more people who duplicate, imitate and even become scammers and that is very common, so we have to be careful.
I also often see this kind of thing because I experienced it, even though I lost 2 USD but it is not recommended for us to jump into sending a little BNB to Smartcontracts to get fake tokens because they are scammers.
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BSC is only a blockchain platform, it does not guarantee the success or safety of BEP20 tokens. Therefore, always be careful with each investment on BSC. BSC is notorious for its DeFi hacks, we should keep this in mind.
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Yes, for the facts that BSC is currently making wave on the cryptocurrecy economy, there can't be ruled out the possibilities of having scam projects just as what happen on the ethereum network. We had experience so many scam ICOs that were launched on the ethereum chain, so many of them where unsuccessful as investors/hunters lost funds do heavy scammers activities.
Binance chain will definitely have a fair share of scammers rampage as projects continue to launched on it's networks now and in neat future.
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For the lower gas fee all scammer now choice Bsc and Polygon network. as bsc a lot popular that's why scammer specially like bsc. So we shouldn’t Trust all bsc token. We must check project properly and project Audit
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Yes, last 2/3 months I am seeing lots of scam tokens coming on my wallet I don't know why this and from where it's coming so I am carefully avoiding this token for my wallet safety. case lots of scam tokens can hack my wallet.
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As an investor, you do not trust any project until proper research is done to prove that the project is real. You can't just that a project is built on a particular and conclude that the project is trustworthy. As I type now there are so many fake projects built on BSC that I have ran away with investors money.
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The higher the popularity of the platform, which can be used to create new types of tokens, the more attractive it becomes for scammers. Where there is popularity and success, there are most fraudsters. Therefore, great care should be taken with new BSC format tokens. And in general, in the world of cryptocurrency, you can calmly relate only to old, time-tested coins, and even then not always.
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In fact, in crypto, scammers and hackers roam more, they can take your goods at any moment. In particular, before joining new projects on the BSc platform, verification has to be done.
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As they say, trust but check, not all projects are promising on any platform, you can even get a good project by studying. Which is why they are now switching to the BSC platform because of the low commission on the network.
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I have a friend who is starting in the world of crypto, and his passion for now is games, and he wanted to earn a little more by entering the whitelist and buying some tokens, but for days in the same telegram group at the moment From the public sale he copied a contract that a scamer put in and lost 1BNB, that is the fault that decentralized exchanges have.
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I am totally agree with above all. So, basically the reason behind this, we being human are greedy, we want to be rich in one night. We have seen that new token grow faster so we invented blindly and even do not bother to do research of token. Slot of token white paper is plagiarized from well know token and they are just created for scams as major portion is held by creater and they pump coin and sell all coins and run away.
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Be Careful !
We really need to have experience for token research from Binance Smart Chain because now Binance Smart Chain has a lot of scammers and will definitely steal our money so easily.
Hopefully the members in this forum are careful with what happens to tokens from Binance Smart Chain, the basic concept is stealing and at any rate Scammers will steal our assets from the Binance Smart Chain wallet.
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I believe that each of us should understand a very simple truth that today binance Smart Chain is used by everyone who does not like the high commission on the Ethereum network, that is, they save. Although Each of us should understand the fact that Ethereum is a decentralized platform, which means it is much better and safer than bsc. Although there are very good projects on the binance smart chain, but among the total, their turn is difficult to recognize.
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No matter what kind of token we are talking about, I think no asset should be trusted blindly - we always need to do research before we jump into any kind of investment. Scammers are everywhere, and it's especially hard to stay safe in the world of cryptos.
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Is there any project that can be guaranteed total scam free? It's all in our hands, even if the project make all necessary measures to keep all participants secured if the participants is not personally careful they can hand themselves over into scam. It is quite important that every investor should make a proper research on the project they are to invest in. Know the managers, which project have they successfully handled before,go through the white list and know what makes up the project....
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It is better to thoroughly familiarize yourself with the project, what are its plans for development, who are the developers of the project, only after all that has been done is it worth investing in this project or not. There are many more facts on how to determine whether a project is worth investing in or not.
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BSC is currently very popular because of the low cost, therefore many scammers are included in this Blockchain. And also in fact there are many tokens based on the BSC Blockchain that provide benefits with high price increases. But unfortunately many people are not aware that this is used by scammers to deceive them, therefore we must be careful investing in BSC tokens.
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You know, thieves are floating around in crypto seeking for someone to grab their money. Don't trust easily the so called "new project on BSC platform." Scammers are everywhere from ERC20 and BSC and so on.
Be careful not to give in to realistic/unrealistic platform copycat with ugly project background. To research is a must. Don't be in hurry to invest without knowing first. Take care of your money. Much better to go with the flow where the professional team manage the project with realistic goal and use case.
BSC did not promised the zero scam project. Be cautious.
The post is so important who are investor on different chain oroject specially on BSC. I think we should note the point that BSC hasn’t promised that any scam project will not published on their chain. Actually its an open source market where everyone can published their own coin. So guys we need to researchers before invest on BSC chain new project. We need to invest on solid project which has a good product and future as well not to chhose those project which are really looking shitty.
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You are absolutely right, buddy! It is very easy to code a token using solidity in ETH remix, and nowadays there are also many platforms that can help you to deploy your own token without even using remix, shit!
We really have to be extra-careful because a lot of scammers are taking this as an advantage to keep stealing our money, it is sad to trust a project and invest your money then at the end you realize that you were investing in a fake project!
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You know, thieves are floating around in crypto seeking for someone to grab their money. Don't trust easily the so called "new project on BSC platform." Scammers are everywhere from ERC20 and BSC and so on.
Be careful not to give in to realistic/unrealistic platform copycat with ugly project background. To research is a must. Don't be in hurry to invest without knowing first. Take care of your money. Much better to go with the flow where the professional team manage the project with realistic goal and use case.
BSC did not promised the zero scam project. Be cautious.
Yeah, I see there are several scam projects at BSC. Too easy to create coins at BSC, I think It's the reason why many scams projects already created in BSC, So be careful be to choose BSC projects.
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Yeah, just like we heard several scam projects on the Ethereum network, we are having the same on the current Binance smart chain network. Honestly, there are many start up projects on BSC, unfortunately some will definitely experienced exist scam projects. I just hope that good and genuine projects will exceed the scam and unsuccessful projects on BSC.
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I agree that we should not trust right away on BSC tokens because there are many scam tokens nowadays not just ERC20 tokens. BSC is now very popular so for sure many scam tokens have been created so careful, always do your own research don't get scammed.
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The name token under the main coin blockchain, don't trust it too much because I'm sure it's a token if it doesn't have a perfect development then the token will become a dead coin.
There are so many tokens that die from smart contracts, such as from ERC20, where thousands of tokens end tragically and die, but the eternal victor is the parent coin, namely Ethereum.
It's the same with BNB that will continue to live because there are lots of tokens from BEP20 that play too, so be careful, friends!
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when you don't trust all the altcoins created from the Binance Smart Chain network in my opinion you will experience a lot of loss because so far there are lots of tokens created from the BSC network and can provide a lot of profit for those who already understand how to buy good tokens and true and of course that has the potential to provide a lot of profit.
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You know, thieves are floating around in crypto seeking for someone to grab their money. Don't trust easily the so called "new project on BSC platform." Scammers are everywhere from ERC20 and BSC and so on.
Be careful not to give in to realistic/unrealistic platform copycat with ugly project background. To research is a must. Don't be in hurry to invest without knowing first. Take care of your money. Much better to go with the flow where the professional team manage the project with realistic goal and use case.
BSC did not promised the zero scam project. Be cautious.
Yeah, We all know there are many scams projects on BSC
Be careful but also many potential projects there
So , I think we can choose the potential coins fro investment
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Of course, some projects in the Balance Smart Chain network have tremendous success, but not all projects fall under such success. You need to be careful when choosing a project in which you want to invest, you never need to rush.
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Where there are large investments, there will also be scammers, this cannot be avoided, I myself was a victim of such hackers in this network and I do not fully understand how this could happen, no one is immune from this, and there is no need to neglect the security of my savings.
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You should not trust not only the token on the binance blockchain, but any new token. This is my firm position. You should definitely study the project properly before trusting him with money
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I've repeatedly got scammed projects in a rush to buy tokens citing fear of the price going up again. now I prefer to trade only on the Binance market
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Many people have already said that projects that begin their new ascent in the cryptocurrency market need to be thoroughly studied before investing in this project. A very large number of scammers who want to take over your money are in no hurry to invest in new projects.
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In fact, I was also of the opinion that it is very difficult to believe the tokens on the binance blockchain, because scammers do not invest any funds and try to create junk coins at the expense of cheap transaction prices. But there are such exceptions, due to which I admit my erroneous opinion. As an example, we can cite Junca Cash, which is now holding a bounty on the forum and this is, without exaggeration, a promising defi project.
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Yes lot of scam coins in bsc scan we don't have to buy memes coin 90% scam coins we have to invest in top 100 coins coinmarketcap coins we hold them for long term.
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In fact, I was also of the opinion that it is very difficult to believe the tokens on the binance blockchain, because scammers do not invest any funds and try to create junk coins at the expense of cheap transaction prices. But there are such exceptions, due to which I admit my erroneous opinion. As an example, we can cite Junca Cash, which is now holding a bounty on the forum and this is, without exaggeration, a promising defi project.
I participated in the Bounty company and had to study this project well enough. the team is well placed to fully satisfy the Asian remittance market. Therefore, I think that JCC is worthy of attention.
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Yes lot of scam coins in bsc scan we don't have to buy memes coin 90% scam coins we have to invest in top 100 coins coinmarketcap coins we hold them for long term.
Yes that's true, but some new projects in the BSC network will continue to be developed, if you look at Binance lab's twitter account, there are many new projects that are getting support from Binance lab and they are investing in those projects for the long term, every new project coming will always be made a lot of changes and added to the current crypto market cap
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It is good when other projects support new projects and help him with development, projects that are made on the BSC platform are very promising and it makes sense to study them for investment.
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We all have known that we must be careful in new projects, not only on BSC network but also moreover in ERC20 network in which there are so many scam tokens.
Well, this becomes a very common thing that scammers will always create scam tokens to get money
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You should always be careful when choosing a project in whatever network you purchase projects, now, although there are few scam projects. Already most of the Ether projects are switching to the BSC platform.
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On poocoin today it is possible to find many tokens that are of no value. It is possible to buy such tokens, but it is impossible to sell them. Check before buying a fake. You won't find such scam tokens on Ethereum. Most of all they come across in the BSC network.
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That's why we need ot be aware of those scam projects and DYOR first before taking further steps for any projects. Also, many projects look great or promising at the beginning,but those become a rugpull one at the end.
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BSC tokens have a lot of tokens that become waste and make a lot of people lose because BSC is caused by transaction fees and token creation fees which are very cheap and easy to develop so that many smart people try to scam from how to create new tokens on the BSC network.
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The exact same thing happened with many Ethereum tokens years ago, now not because of the high price of transaction fees, it also happens with Tron, there are many tokens that are scams, and with Binance Smart Chain as well, since it is one of the most used thanks to Binance. There are scams in all the chains, it is our obligation to distrust, nobody is going to give us anything for free, that is why education is very important, in this way we will avoid being scammed.
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No network can guarantee this, not just the BSC network. BSC did not give this guarantee either. There has never been a network that didn't experience hacks. The biggest responsibility in this is the team that issued the token.
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You know, thieves are floating around in crypto seeking for someone to grab their money. Don't trust easily the so called "new project on BSC platform." Scammers are everywhere from ERC20 and BSC and so on.
Be careful not to give in to realistic/unrealistic platform copycat with ugly project background. To research is a must. Don't be in hurry to invest without knowing first. Take care of your money. Much better to go with the flow where the professional team manage the project with realistic goal and use case.
BSC did not promised the zero scam project. Be cautious.
Yeah, I see many BSC projects are scam, I agree with your thread
Don't trust easily all BSC tokens.
We must learn and do research before invest.
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Yeah, I see many BSC projects are scam, I agree with your thread
Don't trust easily all BSC tokens.
We must learn and do research before invest.
Not only in binance smart chain, I think TRC20 and ERC20 too.
We must be careful to invest in project, do research and learn the team and the project.
good luck mate
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You know, thieves are floating around in crypto seeking for someone to grab their money. Don't trust easily the so called "new project on BSC platform." Scammers are everywhere from ERC20 and BSC and so on.
Be careful not to give in to realistic/unrealistic platform copycat with ugly project background. To research is a must. Don't be in hurry to invest without knowing first. Take care of your money. Much better to go with the flow where the professional team manage the project with realistic goal and use case.
BSC did not promised the zero scam project. Be cautious.
Good advice mate, I agree with your opinion,don't trust easily all BSC tokens.
I saw many scam projects there.
So We must do research detail and accuracy
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Yeah, I see many BSC projects are scam, I agree with your thread
Don't trust easily all BSC tokens.
We must learn and do research before invest.
Searching for information about the members of the team, about the project and about the plans they have is something that we must do in any project and in any chain, not only in BSC. Binance Smart Chain has become the chain with the most scams because it is the blockchain with the lowest transaction fees (along with Tron and others), for a long time the chain preferred by scammers was Ethereum, but the transaction fees are very expensive, that's why they have chosen another chain.
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To some extent you are right. Wallet is at risk of being hacked. But this problem is not only of B.Sc. But also with others. I love BSC Wallet from the very beginning. There is some fear in the mind about this problem, but giving it protection gives some relief.
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Not just BSC tokens though. Not all projects from different blockchains like Polygon, Solana, Tron, etc., are also legit too. They’re no exception.
This is why no matter what blockchain do they use such as BSC, it is you who must be doing your own research and proper risk management at the same time.
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Not just BSC tokens though. Not all projects from different blockchains like Polygon, Solana, Tron, etc., are also legit too. They’re no exception.
This is why no matter what blockchain do they use such as BSC, it is you who must be doing your own research and proper risk management at the same time.
I agree with you, not onlly BSC platform.
We all know there are may scam projects there.
ERC20, solana, polygon ,tron etc.
We should do research before invest in new projects, because too many scam projects.
maybe scammers can create new coins easily now, It's the reason why
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Unfortunately there have been quite a few rug pulls on BSC but I think that owes more to it being around for a while now compared to some o the other chains.
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It's common to see scam projects on market it's not about ecosystems i believe. Every ecosystem could have shtty projects and it's usual. I'm following some quality projects on BSC like Unilab. I believe if you want to invest on a project just check their goal first.
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Yes, any time there is opportunity for an emerging and popular networks, there is bound to be many fake projects taking advantage of the popular new Blockchain network to scam people. During the ICO days many scammers were on rampage, they defrauded many people untill a new model, the IEO came on board.
The ICO days was always launch on the Ethereum network but good to have this new emarging networks which will also experience some of these scam projects. I think that this situation will always be here and there is yet to be a solution on it.
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You know, thieves are floating around in crypto seeking for someone to grab their money. Don't trust easily the so called "new project on BSC platform." Scammers are everywhere from ERC20 and BSC and so on.
Be careful not to give in to realistic/unrealistic platform copycat with ugly project background. To research is a must. Don't be in hurry to invest without knowing first. Take care of your money. Much better to go with the flow where the professional team manage the project with realistic goal and use case.
BSC did not promised the zero scam project. Be cautious.
Yeah , good advice. don't trust easily all BSC tokens, It's really easy to create tokens there.
it's the reason why many scam projects at there.
We must always be careful.
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I think that it will be better "don't trust easily all tokens or coins". We know that not only new tokens from the BSC network but also from ERC20 are scams. They are also shitcoins that may only steal your money. There are some ICOs with this kind of token but they will end as shittokens. This has been so long time ago created and develped. But, itis likley never ending scamproject and shitprojects
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I was once deceived by the BSC token, in the telegram group it has many members and the admin is also actively answering participant questions and it turns out to be cheating after the coin price drops continuously
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It is not unnecessary to rush to invest in new projects, first look at which exchanges will be quoted, if its price starts to rise, this is a good sign for buying tokens. Most of the projects listed on the stock exchange immediately begins to fall.
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I was once deceived by the BSC token, in the telegram group it has many members and the admin is also actively answering participant questions and it turns out to be cheating after the coin price drops continuously
Such Telegram channels are usually paid to do promotions to members in their Telegram groups. I've joined such a group and it turned out to be profitable, it's almost like gambling and I'm getting used to new projects having liquidity under $500 USD, when the MC of the new token rises above $1k, then I take a little advantage of the situation it and sell it
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I totally agree with this issue. About 3-4 months ago, there was a project called cryptocars and it was one of the most popular projects of the BSC network, and the ccar project has disappeared for now. The project owner disappeared. Even his whole family was exposed for a while, but nothing happened. I lost 650 dollars, although not much. As far as I know, there are many people who are victims like me. This is not just the problem of the BSC network, but it is a fact.
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Well I really agree with what you suggest because with the BSC it's very easy to create new tokens at this time there are a lot of trash tokens circulating from the BSC network, I suggest you have to look at the new tokens on the BSC network, you can see them in poocoin.app which can little help you that this token is garbage or not.
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There are a lot of projects on the BSS platform that have moved or are working on this platform together with Ether. You can find very promising projects by choosing how many platforms they are hosted on.
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Well I really agree with what you suggest because with the BSC it's very easy to create new tokens at this time there are a lot of trash tokens circulating from the BSC network, I suggest you have to look at the new tokens on the BSC network, you can see them in poocoin.app which can little help you that this token is garbage or not.
Indeed, it is because of the convenience that causes many to deliberately make various names according to their wishes, but indeed because most of them are just for fun and I have not seen it being misused and hopefully no one will be deceived. but it's very easy to tell the difference, maybe one of them like our friend above has said, there is a way that can also be done if we open transactions frequently.
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If I think someone wants to invest in a project, what project is this first? the team? the dev? so let's read the website first as a consideration, if you're sure, please invest if not, leave it, if I prefer to buy BNB, etherum to invest
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Well except for newbies in the space, OGs with first hand experience in the space are quite educated on how to conduct their due diligence before deciding on supporting any BSC startups. Although one cannot always be 100% certain with their due diligence and will sometimes fall victim of scam, doing enough research before investing always pay more better!
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As with all platforms that make their own projects, before investing in a project, you need to check it in order not to fall on the scam project. You can't trust projects that make their projects on popular platforms.
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As with all platforms that make their own projects, before investing in a project, you need to check it in order not to fall on the scam project. You can't trust projects that make their projects on popular platforms.
I agree, I think all should get used to checking properly before making an investment, but now people who cheat are also getting smarter, because they also learn the weaknesses of those who will be cheated.
all the projects that we will participate in must be studied as well as possible and do not hesitate to ask questions and seek information on the projects that we will participate in.
In fact, if the communication was still on the forum, it would be easy to get information on whether a project is good or not.
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If I think someone wants to invest in a project, what project is this first? the team? the dev? so let's read the website first as a consideration, if you're sure, please invest if not, leave it, if I prefer to buy BNB, etherum to invest
The problem is that many users, with little or no experience, get carried away by FOMO, especially with meme coins. Thei believe that buying hundreds of millions of tokens for a few dollars will make them rich in a very short time, and the creators of those meme coins take advantage of that, because it is very easy and cheap to create those coins and then use the usual slogan, it's a community created and driven project. In the end many people lose a few dollars and the "team" disappears with all those dollars to return a short time later with another "project".
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As with all platforms that make their own projects, before investing in a project, you need to check it in order not to fall on the scam project. You can't trust projects that make their projects on popular platforms.
Low gas costs made many projects come to the BSC platform, this is almost the same as the ICOs ever on the ethereum network, many new projects at that time ended in fraud, but the scams at that time were more organized like Bitpaction exchange, Nauticus, developers boldly posted themselves, but in fact, they brought some investors money and no news about the recent fraud reports.
I've read some Honeypot schematics in some new projects, please be careful.
more: https://desk.lsr.finance/crypto-scam-helpbook
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Yes 95% coins scam lot of coins scam me so I don't trust it I like exchange coins so am still holding my exchange coins but I trust Binance coins some of them.
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You know, thieves are floating around in crypto seeking for someone to grab their money. Don't trust easily the so called "new project on BSC platform." Scammers are everywhere from ERC20 and BSC and so on.
Be careful not to give in to realistic/unrealistic platform copycat with ugly project background. To research is a must. Don't be in hurry to invest without knowing first. Take care of your money. Much better to go with the flow where the professional team manage the project with realistic goal and use case.
BSC did not promised the zero scam project. Be cautious.
I think the reason why, we should trust easily at BSC tokens, because there are many scam projects there
So easy to create tokens .
So be careful, I agree with this.
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Scammers have to scam whether it is BSC chain or erc20, but in BSC tokens, more tokens are getting scammed and hunting people. Scammers throw fake tokens in the market and disappear with people's money.
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It is easy to create fake tokens on binance smart chain at a small fee. Without proper analysis, we shouldn't buy any new tokens which are providing huge offers. Before investment, we should check audit, project purpose, roadmap, team members and legality of the project.
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You know, thieves are floating around in crypto seeking for someone to grab their money. Don't trust easily the so called "new project on BSC platform." Scammers are everywhere from ERC20 and BSC and so on.
Be careful not to give in to realistic/unrealistic platform copycat with ugly project background. To research is a must. Don't be in hurry to invest without knowing first. Take care of your money. Much better to go with the flow where the professional team manage the project with realistic goal and use case.
BSC did not promised the zero scam project. Be cautious.
Yeah, many scammers projects there
So easily to create BSC projects.
Many scammers create scam projects based on binance smart chain.
Be careful.
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Yes, because blockchain can't guarantee scam-free projects, that's our responsibility to be aware of these scams, and not to invest in any of these projects. Should check full team details, project ideas, and achievements so far. If the project has many achievements to show and has great ideas for the future then it will be best for investing.
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I have also often felt that BSC Smartchain tokens are dropped for scammers, I also have BSC tokens in my wallet which are now out of the market and become worthless which were selling for $2, to be careful in this the wanted.
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Like any facility has both advantages and disadvantages. I think BSC token is also something similar. There is no such token. Which can give you good profit. Anybody like this happens. Which is also fake.
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You know, thieves are floating around in crypto seeking for someone to grab their money. Don't trust easily the so called "new project on BSC platform." Scammers are everywhere from ERC20 and BSC and so on.
Be careful not to give in to realistic/unrealistic platform copycat with ugly project background. To research is a must. Don't be in hurry to invest without knowing first. Take care of your money. Much better to go with the flow where the professional team manage the project with realistic goal and use case.
BSC did not promised the zero scam project. Be cautious.
Yeah, I agree with OP.
don't trust easily all BSC tokens, because there are many scam projects there.
We should have good research before invest BSC tokens, I agree with this opinion.
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It is difficult in the cryptocurrency market to trust one or another platform to choose a new cryptocurrency that will be placed on the platform. Before choosing a project in which you want to invest, you need to study it and only then invest.
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Any blockchain can guarantee safe transactions but no guarantees in case of fake tokens. There are many fake tokens available in the market. And many fake tokens enter the wallet without buying or doing any work. Therefore, while buying and selling any token, as much information as possible should be obtained about it. , As far as my experience is concerned, the BSC network has the most such fake tokens.
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All networks have some fake tokens. Lately the number of fake tokens on the BSC network has increased. Almost every day I get a fake token or two in my wallet. Their purpose is to hack our wallets and extract other tokens when we go to trade these tokens. So research should be done before trading any unknown token.
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You know, thieves are floating around in crypto seeking for someone to grab their money. Don't trust easily the so called "new project on BSC platform." Scammers are everywhere from ERC20 and BSC and so on.
Be careful not to give in to realistic/unrealistic platform copycat with ugly project background. To research is a must. Don't be in hurry to invest without knowing first. Take care of your money. Much better to go with the flow where the professional team manage the project with realistic goal and use case.
BSC did not promised the zero scam project. Be cautious.
That's the fact, there are many scam project at binance smart chain.
As you said BSC didn't promise the zero scam there , because so easy to create new tokens in binance smart chain.
We should be careful and always have good research before invest
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It is important to read the whitepaper before investing or buying new tokens, some scamers copy and paste whitepapers and create tokens easily, there are many things to research before investing.
New projects usually register tokens on Dex and have no products, but they just make promises and end up rugpull
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No need to read any document, you just need to wait for the release of this project on the stock exchange. As a rule, after entering the exchange, tokens begin to fall, after that we read about the technology of this project and if it suits you, we invest.
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Currently BSC Network is very popular especially for the low transaction fee of this network. And because of this popularity, many new projects are being launched on this network. As a result many low quality projects and tokens are coming along with good projects. So it is not right to blindly trust all BSC tokens. Before investing in any token, you must research about that token.
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Currently BSC Network is very popular especially for the low transaction fee of this network. And because of this popularity, many new projects are being launched on this network. As a result many low quality projects and tokens are coming along with good projects. So it is not right to blindly trust all BSC tokens. Before investing in any token, you must research about that token.
very true, but in-between the low quality stuff you might sometimes find a little overlooked gem
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I think that each of us should understand a very simple truth that today binance Smart Chain is used by everyone who does not like high commission in Ethereum network, that is saving money. Although each of us should understand the fact that Ethereum is a decentralized platform and therefore much better and safer than bsc. Although there are very good projects on smartchain binance, but among the total number of them the line is difficult to recognize.
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I think that each of us should understand a very simple truth that today binance Smart Chain is used by everyone who does not like high commission in Ethereum network, that is saving money. Although each of us should understand the fact that Ethereum is a decentralized platform and therefore much better and safer than bsc. Although there are very good projects on smartchain binance, but among the total number of them the line is difficult to recognize.
Unfortunately those who don't like the Ethereum platform due to the high cost of creating tokens and the gas required for transactions are very high so they switch to the BSC platform which according to them is lighter and faster but they take advantage of this to create worthless tokens and try to create a scam a lot of people and investors, so you have to be careful if you want to buy new tokens that are on the BSC platform because it's easy to make.
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This time the crypto market is down and so many new coins are almost fake and this is not good for the crypto lover because newbie will come in this market and they start to invest their money almost in the new coins but they face the fake projects and when they make loss in this market they leave this market and think that this market is not good and it will give us loss. So the big crypto whales which control the market need to stop this type of scammers and introduce the real projects.
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indeed it is dangerous on BSC lots of scammers make tokens, but at the same time it has made it very easy for innovation to take place and for people with ideas to bring them to market.
im one of those people, i like to think my idea is on the smarter side, but i try to stay humble.
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BSC chain has a lot of SCAM tokens as we can find in any other smart chain, but BSC is cheap and more secure then other if you get on a legit token, like BNB there may be also more, but the most secure are BNB and BUSD.
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Less websites like airdropalert have sign that people get to know what is not scam and what is scam. Now other airdrop websites does not have that cauciton and huge number of dissapointment in crypto users show. Just be carefull out there when it come to join airdrops for your own money.
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Less websites like airdropalert have sign that people get to know what is not scam and what is scam. Now other airdrop websites does not have that cauciton and huge number of dissapointment in crypto users show. Just be carefull out there when it come to join airdrops for your own money.
What you just mentioned is essential to fight against scams. Websites that promote airdrops of different projects should be concerned about what they are exposing to users, but unfortunately this is not always the case. Some of these pages (not all) charge for each service in a different coin or token than the one offered, so they are not concerned about what may or may not reach the end user. If this were not the case, many scams could be avoided.
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What you just mentioned is essential to fight against scams. Websites that promote airdrops of different projects should be concerned about what they are exposing to users, but unfortunately this is not always the case. Some of these pages (not all) charge for each service in a different coin or token than the one offered, so they are not concerned about what may or may not reach the end user. If this were not the case, many scams could be avoided.
Banal, but I will say the following: most people sign transactions themselves without realizing it. I will explain, when you replenish your wallet (for a significant amount) - the bot automatically steals all the funds. Use the service "Revoke" - that would, unsubscribe not necessary to you services. As always the scammers are not dormant. It's one thing to store cryptocurrency, but it's quite another to keep it from being stolen. 8)
P.S. This is what I use myself and advise others to use. Or look for information about this service on Google. It has helped me personally more than once.
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This time, BSC projects are swarming like locust in the BSC blockchain. Most of them are definitely a "Pump and dump" projects, or even rugpulls. My friend recommends a coin that will be listed and said "this will go to moon" to our other friends and i warn them about that. and then, a rugpull happens. Our friends suffers a massive lost on their portfolio just like that.
Lesson: Research first. "DYOR".
Exactly, as you said "Pump and dump" I was a victim of that. When someone introduced me to a particular coin like that so many years ago. I was not in any crypto forum then, just decided to do some investment that was why I fall to firstcoin.
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You know, thieves are floating around in crypto seeking for someone to grab their money. Don't trust easily the so called "new project on BSC platform." Scammers are everywhere from ERC20 and BSC and so on.
Be careful not to give in to realistic/unrealistic platform copycat with ugly project background. To research is a must. Don't be in hurry to invest without knowing first. Take care of your money. Much better to go with the flow where the professional team manage the project with realistic goal and use case.
BSC did not promised the zero scam project. Be cautious.
Believing in all BSC coins is nothing but foolhardy. An acquaintance of mine suffered major damage from this a few years ago. His money has been scammed. Since then I have been warned that not all BSC coins are trustworthy. Thank you for sharing important topics with everyone.
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This time, BSC projects are swarming like locust in the BSC blockchain. Most of them are definitely a "Pump and dump" projects, or even rugpulls. My friend recommends a coin that will be listed and said "this will go to moon" to our other friends and i warn them about that. and then, a rugpull happens. Our friends suffers a massive lost on their portfolio just like that.
Lesson: Research first. "DYOR".
Exactly, as you said "Pump and dump" I was a victim of that. When someone introduced me to a particular coin like that so many years ago. I was not in any crypto forum then, just decided to do some investment that was why I fall to firstcoin.
You can be in any crypto forum and still get scam from anyone because scammers are very smart and when they do things, they make sure that the are ahead of everyone. I have experience someone investment burn down to ashes for buying a coin and it was layer dump on him on bsc chain, the team listed the coin on pancakeswap with a promise that it will go up but it later dump till nobody was willing to buy again.
DYOR is the best way to reduce these risks but it's not an assurance that you will not get into these scams unless you have 4 eyes and by that I mean you need to be smart about the type of coins that you buy and when to sell because generally altcoins are very risky investment. Just check the market cap and coingecko, over last 2 years the coins has doubled but more than half of them are dead and it's people that think are smart that invested on them.
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You can be in any crypto forum and still get scam from anyone because scammers are very smart and when they do things, they make sure that the are ahead of everyone. I have experience someone investment burn down to ashes for buying a coin and it was layer dump on him on bsc chain, the team listed the coin on pancakeswap with a promise that it will go up but it later dump till nobody was willing to buy again.
Yes, scammers are always everywhere, especially in an anonymous world like the crypto world.
We will always meet him. Scammers are smart people who have lost their way with bad character.
So be careful.
I see so easy to create coin or token in binance smart chain.
Don't trus easily there.
but not all BSC coins are scams, there are many that have potential.
So, learn their project and their team.
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I will tell you one more popular scheme on which you can lose your personal money.
— Fraudsters make (smart contract) with any token name.
— In the contract, they make the function of managing all tokens (issuance) on absolutely all wallets.
P.S. This means that tokens that will be sent to your wallet, they can send to another wallet (without your knowledge). Most importantly, even if you haven't interacted with the token.
Never try to sell any tokens - that come to your wallet. It is not safe and you will lose your cryptocurrency.
Be extremely careful, not just on the BSC network - but others as well. Scammers don't slumber, it's worth remembering that. 8)
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In general, it's not advisable to trust projects solely based on their blockchain affiliation, and this isn't exclusive to the BNB chain. I've observed numerous scam projects across various chains, indicating that scammers continuously migrate to different chains to target newcomers. Therefore, it's crucial to utilize project/token scanners, conduct extensive research, and ask numerous questions before investing. Avoid succumbing to FOMO simply because a project is being promoted by others.
Ultimately, it's your money, and you bear the responsibility for its outcomes.
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In general, it's not advisable to trust projects solely based on their blockchain affiliation, and this isn't exclusive to the BNB chain. I've observed numerous scam projects across various chains, indicating that scammers continuously migrate to different chains to target newcomers. Therefore, it's crucial to utilize project/token scanners, conduct extensive research, and ask numerous questions before investing. Avoid succumbing to FOMO simply because a project is being promoted by others.
Ultimately, it's your money, and you bear the responsibility for its outcomes.
One of the traditional ways people get trapped by these scams is through trend. Lots of investors believe that to make money from crypto, you need to follow a trend because as they said, trend is your friend if you want to make money but that shouldn't make you to be a careless person because you are hungry to make money. Scammers follow these same trend to build their scam for to extort money from investors that are hungry.
Check majority of these chains like the layer 2 we have today, so many of them that has nothing unique, they will brand old tech and sprinkle it with some updates and hype it for people to buy and because some of them are open source projects, scammers copy them and build theirs, raise money and give worthless coin and then later do nothing, no update and no development.
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One of the traditional ways people get trapped by these scams is through trend. Lots of investors believe that to make money from crypto, you need to follow a trend because as they said, trend is your friend if you want to make money but that shouldn't make you to be a careless person because you are hungry to make money. Scammers follow these same trend to build their scam for to extort money from investors that are hungry.
Check majority of these chains like the layer 2 we have today, so many of them that has nothing unique, they will brand old tech and sprinkle it with some updates and hype it for people to buy and because some of them are open source projects, scammers copy them and build theirs, raise money and give worthless coin and then later do nothing, no update and no development.
Patience always has a reward. In this case, the reward of having patience to learn things is something that not everyone has, and it is those people who lose money. What you say about layer 2 is very true, the only thing they do is copy the code, decorate it a little, make an eye-catching website and give it a lot of hype on social networks. From there they make a certain bounty so that many people can promote it on X (the preferred social network for cryptocurrencies) and then they don't do much else. But that is not only the modus operandi of scammers, unfortunately it is also the modus operandi of some projects that believe themselves to be serious.
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I guess stupid things are attractive hence people flood into shitcoin for quick gain and also quick loss lol
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I guess stupid things are attractive hence people flood into shitcoin for quick gain and also quick loss lol
There are some investors who cannot tell the difference between the BSC platform token and the token listed on the Binance exchange. There is a class of investors who think that bsc platform token means that token is listed on binance exchange. They invest with such misconceptions in their minds and after investing, when they wait for the profit, they find that they made a mistake in their investment and chose the wrong coin. The BSC platform has many tokens that have not been successful and there are many coins that investors have invested in but investors have been cheated by investing in all these coins. So before investing we must be sure and then invest.
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You know, thieves are floating around in crypto seeking for someone to grab their money. Don't trust easily the so called "new project on BSC platform." Scammers are everywhere from ERC20 and BSC and so on.
Creating a token on bsc and ETH chain is very easy. This is why scammers choose these platforms. So before investing in any altcoin you must do enough research Otherwise you will be investing in the wrong place with results that will hurt you a lot. so definitely research enough before investing
Be careful not to give in to realistic/unrealistic platform copycat with ugly project background. To research is a must. Don't be in hurry to invest without knowing first. Take care of your money. Much better to go with the flow where the professional team manage the project with realistic goal and use case.
BSC did not promised the zero scam project. Be cautious.
Scammers can never build a self-contained site. Due to which if one is able to do proper analysis then he can definitely identify the coin as a scam very soon. Investing in altcoins is already risky but if one invests in altcoins without any research then he will surely lose. so yes everyone should very careful to invest on bsc and erc20 based altcoins
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There are some investors who cannot tell the difference between the BSC platform token and the token listed on the Binance exchange. There is a class of investors who think that bsc platform token means that token is listed on binance exchange. They invest with such misconceptions in their minds and after investing, when they wait for the profit, they find that they made a mistake in their investment and chose the wrong coin. The BSC platform has many tokens that have not been successful and there are many coins that investors have invested in but investors have been cheated by investing in all these coins. So before investing we must be sure and then invest.
BSC Scan network have lower fees transaction and easily for scammer created thousand kinds of scam coins, if you active with transaction using BSC Scan network will receive new scam coins every day and scammer not really care with sending many kinds coins because have lower fees. Need to be careful when investing in BSC platform coins exactly not listed yet in CEX exchange and dapp easily removing liquidity.
Better not invest with coins has BSC platform and looking for the coins with ERC has higher fees difficult for scammer create ERC coin and they will prefer with bsc platform coins.
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It is easy to create fake tokens on binance smart chain at a small fee. Without proper analysis, we shouldn't buy any new tokens which are providing huge offers. Before investment, we should check audit, project purpose, roadmap, team members and legality of the project.
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There are some investors who cannot tell the difference between the BSC platform token and the token listed on the Binance exchange. There is a class of investors who think that bsc platform token means that token is listed on binance exchange. They invest with such misconceptions in their minds and after investing, when they wait for the profit, they find that they made a mistake in their investment and chose the wrong coin. The BSC platform has many tokens that have not been successful and there are many coins that investors have invested in but investors have been cheated by investing in all these coins. So before investing we must be sure and then invest.
Investors like that don't have much experience, so they still can't determine whether the token's network is supported by Binance or not. As long as the token has direct support from the Binance platform, it will give very good results and make a lot of profit for its supporters. Investors must learn the differences. This is to stay safe when investing in a new project.
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It is easy to create fake tokens on binance smart chain at a small fee. Without proper analysis, we shouldn't buy any new tokens which are providing huge offers. Before investment, we should check audit, project purpose, roadmap, team members and legality of the project.
Those parameters aren't as strong of a good benchmark to influence our decisions now. Nowadays, I prefer liquidity, project development, competitiveness, major investors joining in, and supportive exchanges. We can't rely too much on some plans, but we can focus more on implementation.
Many cryptocurrency-based projects end badly these days. We need something more valid and proven, not just plans.
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I guess stupid things are attractive hence people flood into shitcoin for quick gain and also quick loss lol
The thing is that scammers (they started to create so qualitatively), at a glance and do not distinguish the real token or scam. What to say if experienced users fall for the tricks.
P.S. Will it be the user's fault if he sends coins to the wrong address (but to the scammer's address)? My advice, in this network it is better to double-check everything several times. Or else, alas, there will be unpleasant situations, the outcome of which will be the loss of money. And in those situations, there will be no one to help. Law of meanness, if the network is convenient for everyone (small commissions) = there will always be crooks. ;D
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Those parameters aren't as strong of a good benchmark to influence our decisions now. Nowadays, I prefer liquidity, project development, competitiveness, major investors joining in, and supportive exchanges. We can't rely too much on some plans, but we can focus more on implementation.
Many cryptocurrency-based projects end badly these days. We need something more valid and proven, not just plans.
In fact, to have liquidity, you must have a product that is useful for many people, because when a project develops a product that is not useful, it will not have liquidity because it does not have enthusiasts who can provide a good price. Liquidity will increase when many people use the product being developed.
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It is easy to create fake tokens on binance smart chain at a small fee. Without proper analysis, we shouldn't buy any new tokens which are providing huge offers. Before investment, we should check audit, project purpose, roadmap, team members and legality of the project.
Yes, that's right. In fact, many projects completely copy the whitepaper, token name and other things from the original project. So it has become commonplace that when there is a good project on this network, it will be followed by fake tokens with names similar to the original project token. I hope beginners are more careful. Because I still see many users who sometimes mistakenly buy tokens with the same name but different contract addresses. Usually this happens a lot with DEX.
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Some very interesting news has come out. Who keeps funds in the BNB Beacon Chain (BEP2) network. It will be useful to you:
"Binance will close the BNB Beacon Chain (BEP2) network in the coming months."
Here is the news link: https://twitter.com/binance/status/1755444966908928236
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It is easy to create fake tokens on binance smart chain at a small fee. Without proper analysis, we shouldn't buy any new tokens which are providing huge offers. Before investment, we should check audit, project purpose, roadmap, team members and legality of the project.
Today's hackers are terrible, they are smart and we have to be smarter than them.
The position you describe is also true and many in my local community are caught in the same trap you stated.
Initially they participated in the AB airdrop but what was sent was a CD token, after checking on Pancakeswap it could be exchanged for BNB, maybe only 1-2 USD.
With a lot of wallets, for example dozens of wallets collected, the value is definitely good and large, but unfortunately one day the wallet will be hacked, as a result of trading on Pancakeswap due to interactions with Smartcontacts. So bad !
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At present, the import of BSC tokens is seen in the market, due to which the projects become more scams. That's why all BSC platform projects should not be trusted and should not be invested as you can lose your money for sure. All the projects that are brought from BSC platform are made only because of small transaction fees and here a project is easily succeeded with little cost. And when such a project goes to a good stage then that team leaves with more money and once the project dies later investors face a lot of loss from here so such projects should not be trusted.
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In fact, many projects completely copy the whitepaper, token name and other things from the original project. So it has become commonplace that when there is a good project on this network, it will be followed by fake tokens with names similar to the original project token. I hope beginners are more careful. Because I still see many users who sometimes mistakenly buy tokens with the same name but different contract addresses. Usually this happens a lot with DEX.
Most newbies are easy to cheat due to lack of experience. Many projects are scams, as you said many projects completely copy the whitepaper, token name and other things from the original project , scammers will use various methods to cheat, we have to be careful. Not only in BSC tokens, but in every where
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Most newbies are easy to cheat due to lack of experience. Many projects are scams, as you said many projects completely copy the whitepaper, token name and other things from the original project , scammers will use various methods to cheat, we have to be careful. Not only in BSC tokens, but in every where
Because the BSC network is the most widely used, so it is not impossible that many frauds will target this network. But we can't really blame it, because now fraud has become a source of livelihood for enrichment. Even though maybe a few people can be fooled, if you do it often, there will certainly be lots of results.
Fraud is now structured and very massive, not just copying and pasting other projects, with WP alone, but everything is the same. It's not surprising that many people who are not aware will fall into the trap. You are right that fraud is not only carried out on the BSC network, but almost all networks are also committed.
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Because the BSC network is the most widely used, so it is not impossible that many frauds will target this network. But we can't really blame it, because now fraud has become a source of livelihood for enrichment. Even though maybe a few people can be fooled, if you do it often, there will certainly be lots of results.
Yeah, we must always be careful. I think not only in BSC network, scammers will always be everywhere. BSC is very popular and uses it a lot, that's why there are a lot of fraudsters there. Many fake koin and fake project, that scam many newbies.
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It is easy to create fake tokens on binance smart chain at a small fee. Without proper analysis, we shouldn't buy any new tokens which are providing huge offers. Before investment, we should check audit, project purpose, roadmap, team members and legality of the project.
Those parameters aren't as strong of a good benchmark to influence our decisions now. Nowadays, I prefer liquidity, project development, competitiveness, major investors joining in, and supportive exchanges. We can't rely too much on some plans, but we can focus more on implementation.
Many cryptocurrency-based projects end badly these days. We need something more valid and proven, not just plans.
I also don't see if there is any control measures to help in dealing with some of these unrealistic crypto projects pumping in everyday, these are part of the reason to why we are having increasing numbers of scam and loss of funds in shitcoins, you cant imagine an exchange listing more than three coins a day and all were shitcoins, maybe tits time that the regulatory bodies shoukld be more effective than ever in discharging thier duties.
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I also don't see if there is any control measures to help in dealing with some of these unrealistic crypto projects pumping in everyday, these are part of the reason to why we are having increasing numbers of scam and loss of funds in shitcoins, you cant imagine an exchange listing more than three coins a day and all were shitcoins, maybe tits time that the regulatory bodies shoukld be more effective than ever in discharging thier duties.
Talking about shitcoins and fraud in the crypto world, I have no way or rules that can prevent it. Crypto is semi anonymous. So we can't track and find out who the fraudster is, because it could be that the fraudster is using fictitious data.
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Talking about shitcoins and fraud in the crypto world, I have no way or rules that can prevent it. Crypto is semi anonymous. So we can't track and find out who the fraudster is, because it could be that the fraudster is using fictitious data.
You are absolutely right, but when it comes to tracking down a project that is a scam, it is quite easy, until now fraudsters prefer not to provide information about the team behind the project so that indications of a scam will not be visible. Usually investors will check via the DNS used by website used by this project and after that, see the faces of the #DevelopmentTeam for this project. What is clear is that in the world of cryptocurrency, you must remain vigilant when connecting wallets or buying and selling cryptocurrency transactions.
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Talking about shitcoins and fraud in the crypto world, I have no way or rules that can prevent it. Crypto is semi anonymous. So we can't track and find out who the fraudster is, because it could be that the fraudster is using fictitious data.
You are absolutely right, but when it comes to tracking down a project that is a scam, it is quite easy, until now fraudsters prefer not to provide information about the team behind the project so that indications of a scam will not be visible. Usually investors will check via the DNS used by website used by this project and after that, see the faces of the #DevelopmentTeam for this project. What is clear is that in the world of cryptocurrency, you must remain vigilant when connecting wallets or buying and selling cryptocurrency transactions.
Can you explain how to detect whether a project is a scam or not in detail, because I'm still confused about detecting the project. because several times I participated in the bounty it was a scam, buying coins during presale was also a scam. Everything uses the BSC network
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Recognise if BSC network project is scam is almost define by impossible because of so convincing content and appearance of the entire functioning of the project and distribution as well as participation so it is risky always to enter any project.
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You are absolutely right, but when it comes to tracking down a project that is a scam, it is quite easy, until now fraudsters prefer not to provide information about the team behind the project so that indications of a scam will not be visible. Usually investors will check via the DNS used by website used by this project and after that, see the faces of the #DevelopmentTeam for this project. What is clear is that in the world of cryptocurrency, you must remain vigilant when connecting wallets or buying and selling cryptocurrency transactions.
Sometimes the fact that a project team wants to remain as anonymous as possible is not a red flag that it is a scam. Mixers is a clear example of what I am saying, since it is necessary for the team not to show its face due to possible legal problems in some countries, and looking up DNS doesn't always work since they can use Tor and not have a website on clearnet.
Scammers also learn new ways to trick people who want to invest, and unfortunately, there is no 100% reliable method to avoid scams, especially in the cryptocurrency industry.
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Because the BSC network is the most widely used, so it is not impossible that many frauds will target this network. But we can't really blame it, because now fraud has become a source of livelihood for enrichment. Even though maybe a few people can be fooled, if you do it often, there will certainly be lots of results.
Yeah, we must always be careful. I think not only in BSC network, scammers will always be everywhere. BSC is very popular and uses it a lot, that's why there are a lot of fraudsters there. Many fake koin and fake project, that scam many newbies.
I agree with you, we always have to be more careful, even though we can believe something that looks very trustworthy, but at least we have to continue to be willing to analyze it properly before making a decision. This is a common thing which will always happen to those who are more popular as targets for fraud, because the population is higher, always hoping that someone will be fooled.
It's not a question of whether you're a beginner or not, sometimes those who have already experienced it can also be affected, because the lust for profit blinds them to making mistakes again.
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I agree with you, we always have to be more careful, even though we can believe something that looks very trustworthy, but at least we have to continue to be willing to analyze it properly before making a decision. This is a common thing which will always happen to those who are more popular as targets for fraud, because the population is higher, always hoping that someone will be fooled.
It's not a question of whether you're a beginner or not, sometimes those who have already experienced it can also be affected, because the lust for profit blinds them to making mistakes again.[/size]
Yeah In conclusion, when trading, you must remain alert and not appear greedy because usually uncontrolled greed will only miss the opportunity for profits that you can get. At least you must be able to control your emotions well to get lots of profits that are in accordance with your conditions.
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Can you explain how to detect whether a project is a scam or not in detail, because I'm still confused about detecting the project. because several times I participated in the bounty it was a scam, buying coins during presale was also a scam. Everything uses the BSC network
Many bounties or airdrops that use the BSC network are scams and there is no guarantee that the method they provide is appropriate because up to now no one can provide information with certainty on how to detect a scam project from the start. If anyone wants to provide information then This is not possible in an open forum like this and it will be better to maintain privacy so that the developer of this project does not know that there is already a way to find out that the project is a scam.
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Yeah In conclusion, when trading, you must remain alert and not appear greedy because usually uncontrolled greed will only miss the opportunity for profits that you can get. At least you must be able to control your emotions well to get lots of profits that are in accordance with your conditions.
That's right friend, greed because you have got it but are not satisfied will have an impact on continuing to do it. In the end, forget the main goal of seeking profits from the calculations that have been done, and don't try to overdo it, because something undesirable can always happen.
Indeed, when you get what you want, there is a feeling of dissatisfaction and emotions that cannot be controlled and that is the characteristic that ultimately means that what is hoped for is not achieved.
Always adapting to what will be achieved is the best thing to do.
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That's right friend, greed because you have got it but are not satisfied will have an impact on continuing to do it. In the end, forget the main goal of seeking profits from the calculations that have been done, and don't try to overdo it, because something undesirable can always happen.
Indeed, when you get what you want, there is a feeling of dissatisfaction and emotions that cannot be controlled and that is the characteristic that ultimately means that what is hoped for is not achieved.
Always adapting to what will be achieved is the best thing to do.
Greed in the world of trading is indeed very scary because when you have made a profit when trading but you don't withdraw the profit immediately then you will miss the opportunity to sell at a high price and that will definitely make you regret it, so when you have made a lot of profit then you must immediately sell and get out. from that position and wait until the price collapses again to enter again with the same amount of capital.
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Greed in the world of trading is indeed very scary because when you have made a profit when trading but you don't withdraw the profit immediately then you will miss the opportunity to sell at a high price and that will definitely make you regret it, so when you have made a lot of profit then you must immediately sell and get out. from that position and wait until the price collapses again to enter again with the same amount of capital.
This will always be a fundamental problem for everyone investing in crypto, greed will always be a problem we have to face. There are many new projects that promise big profits, it's best to do your research first, because there are lots of scammers there, especially in BSC tokens, it's too easy to make coins there. Don't be greedy and always be careful.
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This will always be a fundamental problem for everyone investing in crypto, greed will always be a problem we have to face. There are many new projects that promise big profits, it's best to do your research first, because there are lots of scammers there, especially in BSC tokens, it's too easy to make coins there. Don't be greedy and always be careful.
As you said, the BSC Network is often used by criminals to create new projects and lure victims with the various benefits it offers and currently many are becoming victims when they connect their personal wallets to sites that are used to lure traders who are still not have a lot of experience.
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This will always be a fundamental problem for everyone investing in crypto, greed will always be a problem we have to face. There are many new projects that promise big profits, it's best to do your research first, because there are lots of scammers there, especially in BSC tokens, it's too easy to make coins there. Don't be greedy and always be careful.
As you said, the BSC Network is often used by criminals to create new projects and lure victims with the various benefits it offers and currently many are becoming victims when they connect their personal wallets to sites that are used to lure traders who are still not have a lot of experience.
Of course, there are many scammers who currently choose to use the BSC network, because perhaps this network is one of the most popular, with lower fees. In the past, there were also a lot of scammers on the ERC20 network, and that was really extraordinary. However, nowadays, they have many ways to carry out their scams with various types of networks available.
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That's right friend, greed because you have got it but are not satisfied will have an impact on continuing to do it. In the end, forget the main goal of seeking profits from the calculations that have been done, and don't try to overdo it, because something undesirable can always happen.
Indeed, when you get what you want, there is a feeling of dissatisfaction and emotions that cannot be controlled and that is the characteristic that ultimately means that what is hoped for is not achieved.
Always adapting to what will be achieved is the best thing to do.
Greed in the world of trading is indeed very scary because when you have made a profit when trading but you don't withdraw the profit immediately then you will miss the opportunity to sell at a high price and that will definitely make you regret it, so when you have made a lot of profit then you must immediately sell and get out. from that position and wait until the price collapses again to enter again with the same amount of capital.
It is a very human thing that humans are full of greed. It is true that you say, when you have reached the peak of profit that has been determined perhaps for a long time, they should make sales as soon as possible so that the existing moment is not left behind.
When they have made a profit, Continue to wait patiently to be able to buy at the corrected price. Obviously, this is the wisest way for a trader to do it. But once again, human nature, which is greedy and dissatisfied, sometimes forgets that.
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Of course, there are many scammers who currently choose to use the BSC network, because perhaps this network is one of the most popular, with lower fees. In the past, there were also a lot of scammers on the ERC20 network, and that was really extraordinary. However, nowadays, they have many ways to carry out their scams with various types of networks available.
it is currently easier and cheaper to use the binance smart chain network than ERC20. that's why there are lots of scammers there. We have to be careful. do research before choosing a token or project so that we don't get cheated.
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it is currently easier and cheaper to use the binance smart chain network than ERC20. that's why there are lots of scammers there. We have to be careful. do research before choosing a token or project so that we don't get cheated.
It seems that it is normal for the BSC Network to become a nest for fraudsters who want to try to drain all assets connected to several sites that were deliberately installed by hackers to drain your wallet. This is all due to the cheap cost of creating new tokens so it is misused by people who want to make quick profits.
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it is currently easier and cheaper to use the binance smart chain network than ERC20. that's why there are lots of scammers there. We have to be careful. do research before choosing a token or project so that we don't get cheated.
And it is difficult for ERC20 to reduce the costs it has to charge compared to BSC. This is, of course, very unfortunate, because if it is cheaper, it will be good competition.
BSC is like sugar, where it is always surrounded by ants, because it is easy and cheap, lots of new projects are growing there, so you have to be observant and analyze well before being fooled.
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Not all tokens on the binance smart chain are in the right position to Invest on, so it's very important to do your research before purchasing it for investment, even when listed on the binance smart chain, because there are alot of bad Influencers/hypes and promoters In the cryptocurency space.
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Not all tokens on the binance smart chain are in the right position to Invest on, so it's very important to do your research before purchasing it for investment, even when listed on the binance smart chain, because there are alot of bad Influencers/hypes and promoters In the cryptocurency space.
We have to be careful in investing and choosing existing coins. Not only on the Binance smart chain, there are also many smart chains that are scam coins or tokens. Do good research and analysis so that we don't choose the wrong coin when investing. Because this will cause losses.
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We have to be careful in investing and choosing existing coins. Not only on the Binance smart chain, there are also many smart chains that are scam coins or tokens. Do good research and analysis so that we don't choose the wrong coin when investing. Because this will cause losses.
Yes, you are right, currently a new network has been created which has cheaper fees than Binance Smart Chain which has the potential to create lots of scam tokens, Solana in the future there will be lots of useless trash tokens which will probably be more due to the influence of the ease of creation. tokens with very low fees.
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As the crypto world grows, we have to expect lots of smart contract creators and ceo's would rug pull their projects and run. But we have to be more investigative when we invest into something
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Not all tokens on the binance smart chain are in the right position to Invest on, so it's very important to do your research before purchasing it for investment, even when listed on the binance smart chain, because there are alot of bad Influencers/hypes and promoters In the cryptocurency space.
We have to be careful in investing and choosing existing coins. Not only on the Binance smart chain, there are also many smart chains that are scam coins or tokens. Do good research and analysis so that we don't choose the wrong coin when investing. Because this will cause losses.
It's all because popularity can't be avoided, so everyone always believes that it must be fine, but precisely because it's popular, many people use the opportunity to create fraud and many don't realize it because they're lazy to do proper research and analysis. So don't be surprised that there are still many people who are deceived and this continues to be done by people who don't have the responsibility to do it continuously.
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We have to be careful in investing and choosing existing coins. Not only on the Binance smart chain, there are also many smart chains that are scam coins or tokens. Do good research and analysis so that we don't choose the wrong coin when investing. Because this will cause losses.
It's all because popularity can't be avoided, so everyone always believes that it must be fine, but precisely because it's popular, many people use the opportunity to create fraud and many don't realize it because they're lazy to do proper research and analysis. So don't be surprised that there are still many people who are deceived and this continues to be done by people who don't have the responsibility to do it continuously.
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Fraudsters will always be everywhere and at any time. We have to be careful with advertisements and invitations that will bring profit, usually most of the fraudsters are there. Many scammers create tokens with the Binance Smart Chain platform and then commit fraud, this also happens on other networks. I agree with this opinion.
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It's all because popularity can't be avoided, so everyone always believes that it must be fine, but precisely because it's popular, many people use the opportunity to create fraud and many don't realize it because they're lazy to do proper research and analysis. So don't be surprised that there are still many people who are deceived and this continues to be done by people who don't have the responsibility to do it continuously.
Many people are trapped because they want to make quick profits, so they do something without analyzing it first. This doesn't only happen to BSC but to everyone.
However, we still have to analyze how potential the assets we will invest have. And for me it will take a long time to make sure I am really sure about what I want to invest in. In any case we must remain careful.
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It's all because popularity can't be avoided, so everyone always believes that it must be fine, but precisely because it's popular, many people use the opportunity to create fraud and many don't realize it because they're lazy to do proper research and analysis. So don't be surprised that there are still many people who are deceived and this continues to be done by people who don't have the responsibility to do it continuously.
Many people are trapped because they want to make quick profits, so they do something without analyzing it first. This doesn't only happen to BSC but to everyone.
However, we still have to analyze how potential the assets we will invest have. And for me it will take a long time to make sure I am really sure about what I want to invest in. In any case we must remain careful.
You are right, mistakes in analysis will make us lose. Not only coins or tokens use the BSC network, even all networks. We must be careful in analyzing before investing. And of course be careful because there are many scam projects.
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You are right, mistakes in analysis will make us lose. Not only coins or tokens use the BSC network, even all networks. We must be careful in analyzing before investing. And of course be careful because there are many scam projects.
Yes, all fraud in cryptocurrency can be done anywhere, including creating a phishing website that connects your wallet to their site and without you knowing, the connected wallet will be drained by bots or scripts that have been installed so stay alert, don't do it too often. connecting a wallet to a site.
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As far as I know, BSC has a lot of strange tokens, maybe it will be the same as the Ethereum ecosystem which attracts a lot of scammers.
We have to be more careful in investing anything in cryptocurrency, including choosing tokens on BSC.
But sometimes we also find it difficult to differentiate whether this BSC token will be a Pump or Dump.
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Many people are trapped because they want to make quick profits, so they do something without analyzing it first. This doesn't only happen to BSC but to everyone.
However, we still have to analyze how potential the assets we will invest have. And for me it will take a long time to make sure I am really sure about what I want to invest in. In any case we must remain careful.
You are right, mistakes in analysis will make us lose. Not only coins or tokens use the BSC network, even all networks. We must be careful in analyzing before investing. And of course be careful because there are many scam projects.
It cannot be denied that fraudsters are everywhere and therefore we must be very careful when we want to choose and invest in a new project, because the risk is losing all our money.
Even though we have been in the crypto world for a long time, it means we can do whatever we want. We must remain careful and must always carry out in-depth analysis or research about a project. And maybe this is an advantage for us because the experience we have can minimize us from avoiding fraudulent projects.
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Many people are trapped because they want to make quick profits, so they do something without analyzing it first. This doesn't only happen to BSC but to everyone.
However, we still have to analyze how potential the assets we will invest have. And for me it will take a long time to make sure I am really sure about what I want to invest in. In any case we must remain careful.
You are right, mistakes in analysis will make us lose. Not only coins or tokens use the BSC network, even all networks. We must be careful in analyzing before investing. And of course be careful because there are many scam projects.
It cannot be denied that fraudsters are everywhere and therefore we must be very careful when we want to choose and invest in a new project, because the risk is losing all our money.
Even though we have been in the crypto world for a long time, it means we can do whatever we want. We must remain careful and must always carry out in-depth analysis or research about a project. And maybe this is an advantage for us because the experience we have can minimize us from avoiding fraudulent projects.
Yes, with the experience we have gained over years of investing in crypto, we can minimize being fooled by scammers. but newbies don't know it yet, and don't have experience, they have to be more careful
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A bunch of new fraudsters falsely provide investment services, so as you mentioned those sites, they are now active on Telegram, where they easily trick the target investor or bounty hunters into giving them a private key in order to even get a higher percentage than others. You really have to be careful because I have come across such fraudsters who offer to buy your coins before the project enters the exchange.
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It cannot be denied that fraudsters are everywhere and therefore we must be very careful when we want to choose and invest in a new project, because the risk is losing all our money.
Even though we have been in the crypto world for a long time, it means we can do whatever we want. We must remain careful and must always carry out in-depth analysis or research about a project. And maybe this is an advantage for us because the experience we have can minimize us from avoiding fraudulent projects.
Yes, with the experience we have gained over years of investing in crypto, we can minimize being fooled by scammers. but newbies don't know it yet, and don't have experience, they have to be more careful
Because one of the targets of fraudsters is beginners, because beginners can easily be lured into big profits, even though it is a trap that they carry out.
It is recommended that beginners always ask something from more experienced people. Now it's very easy, because on social media there are also many people who want to share their knowledge, they are not influencers but people like that are usually more sincere and sincere when telling a beginner.
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We have to be careful in investing and choosing existing coins. Not only on the Binance smart chain, there are also many smart chains that are scam coins or tokens. Do good research and analysis so that we don't choose the wrong coin when investing. Because this will cause losses.
It's all because popularity can't be avoided, so everyone always believes that it must be fine, but precisely because it's popular, many people use the opportunity to create fraud and many don't realize it because they're lazy to do proper research and analysis. So don't be surprised that there are still many people who are deceived and this continues to be done by people who don't have the responsibility to do it continuously.
Fraudsters will always be everywhere and at any time. We have to be careful with advertisements and invitations that will bring profit, usually most of the fraudsters are there. Many scammers create tokens with the Binance Smart Chain platform and then commit fraud, this also happens on other networks. I agree with this opinion.
Yup, that's right, fraudsters will always be anywhere at any time as long as they will provide benefits for themselves remember that this method is no longer a secret and has been used as a source of livelihood, both individually and in an organized manner.
Indeed, because it is so easy, the BSC platform is always a target for fraudsters to use with attractive prices and cheap prices, but all this can be avoided if you analyze it well, because the method is always the same.
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Because one of the targets of fraudsters is beginners, because beginners can easily be lured into big profits, even though it is a trap that they carry out.
It is recommended that beginners always ask something from more experienced people. Now it's very easy, because on social media there are also many people who want to share their knowledge, they are not influencers but people like that are usually more sincere and sincere when telling a beginner.
Exactly, but nowadays it seems like many experienced people share how they make a profit. Those who are experienced prefer to keep quiet because maybe they have spent a lot of money doing research so it is natural for them to prefer to keep it a secret.
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A bunch of new fraudsters falsely provide investment services, so as you mentioned those sites, they are now active on Telegram, where they easily trick the target investor or bounty hunters into giving them a private key in order to even get a higher percentage than others. You really have to be careful because I have come across such fraudsters who offer to buy your coins before the project enters the exchange.
So what's the problem with not investing in such projects and tc? Alas, scammers have been and will be everywhere (in any line of work where there is money to be made). And this is normal, you have to get used to it + try to be on your guard all the time. At a minimum don't read (such people), at a maximum don't invest and pass by. If you want to save your capital of funds.
P.S. Always be careful + think through every action you take. Otherwise, you can get into some unpleasant situations. 8)
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Because one of the targets of fraudsters is beginners, because beginners can easily be lured into big profits, even though it is a trap that they carry out.
It is recommended that beginners always ask something from more experienced people. Now it's very easy, because on social media there are also many people who want to share their knowledge, they are not influencers but people like that are usually more sincere and sincere when telling a beginner.
Exactly, but nowadays it seems like many experienced people share how they make a profit. Those who are experienced prefer to keep quiet because maybe they have spent a lot of money doing research so it is natural for them to prefer to keep it a secret.
The sacrifices he made were great, that's what made them silent and not share about his research. and that's a natural thing to do. There are many tokens on BSC, we have to do research and analysis before investing
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The sacrifices he made were great, that's what made them silent and not share about his research. and that's a natural thing to do. There are many tokens on BSC, we have to do research and analysis before investing
Yes, you are right, doing research before deciding to buy coins on the BSC network is the right step, so far many tokens are scams and make traders lose money, so you have to be careful when you want to buy a BSC token.
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The sacrifices he made were great, that's what made them silent and not share about his research. and that's a natural thing to do. There are many tokens on BSC, we have to do research and analysis before investing
Yes, you are right, doing research before deciding to buy coins on the BSC network is the right step, so far many tokens are scams and make traders lose money, so you have to be careful when you want to buy a BSC token.
Even after doing research, sometimes we still lose because of the upside potential of new coins, if there are no strong fundamentals it will also be difficult, if I prefer old coins to new coins. because many new coins use the BSC platform, so we have to be careful
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Even after doing research, sometimes we still lose because of the upside potential of new coins, if there are no strong fundamentals it will also be difficult, if I prefer old coins to new coins. because many new coins use the BSC platform, so we have to be careful
That's right, before deciding to enter and buy coins, you must first pay attention to what kind of project they are developing. The safest thing for now is to buy coins that are in the top ten of coinmarketcap. The condition of the exchange is currently improving, so we have to be able to Take advantage of this momentum to seek potential profits in coins.
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Because one of the targets of fraudsters is beginners, because beginners can easily be lured into big profits, even though it is a trap that they carry out.
It is recommended that beginners always ask something from more experienced people. Now it's very easy, because on social media there are also many people who want to share their knowledge, they are not influencers but people like that are usually more sincere and sincere when telling a beginner.
Exactly, but nowadays it seems like many experienced people share how they make a profit. Those who are experienced prefer to keep quiet because maybe they have spent a lot of money doing research so it is natural for them to prefer to keep it a secret.
I think there are still many people who care and can provide good information so that there is no fraud committed by irresponsible people to seek profit for themselves and their group. But if there is something like you said, of course, that is their right, and we cannot do anything, but as long as there is still concern, I am sure there will be and will be many who want to help, don't always be discouraged, and I believe that, there are still many who care.
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I think there are still many people who care and can provide good information so that there is no fraud committed by irresponsible people to seek profit for themselves and their group. But if there is something like you said, of course, that is their right, and we cannot do anything, but as long as there is still concern, I am sure there will be and will be many who want to help, don't always be discouraged, and I believe that, there are still many who care.
If we talk about groups then we will find out that there are many cryptocurrency groups that try to incite us to buy useful tokens or coins, that is why when you let yourself know that many people know about cryptocurrency then we must be wise in responding to such invitations. Look for friends or an environment that has positive things, perhaps also an airdrop hunter environment that often shares work that can generate extra money.
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I think there are still many people who care and can provide good information so that there is no fraud committed by irresponsible people to seek profit for themselves and their group. But if there is something like you said, of course, that is their right, and we cannot do anything, but as long as there is still concern, I am sure there will be and will be many who want to help, don't always be discouraged, and I believe that, there are still many who care.
If we talk about groups then we will find out that there are many cryptocurrency groups that try to incite us to buy useful tokens or coins, that is why when you let yourself know that many people know about cryptocurrency then we must be wise in responding to such invitations. Look for friends or an environment that has positive things, perhaps also an airdrop hunter environment that often shares work that can generate extra money.
Usually, if you are in a group like that, the person is the same person who committed the fraud before, they seem to have their own network of fraudsters that has been operating for a long time.
We have to be very careful when someone invites us to invest in certain coins, especially if that person is someone we have just met. Actually, there are still many good people who can provide correct information, but it is very difficult to find people like that.
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I think there are still many people who care and can provide good information so that there is no fraud committed by irresponsible people to seek profit for themselves and their group. But if there is something like you said, of course, that is their right, and we cannot do anything, but as long as there is still concern, I am sure there will be and will be many who want to help, don't always be discouraged, and I believe that, there are still many who care.
If we talk about groups then we will find out that there are many cryptocurrency groups that try to incite us to buy useful tokens or coins, that is why when you let yourself know that many people know about cryptocurrency then we must be wise in responding to such invitations. Look for friends or an environment that has positive things, perhaps also an airdrop hunter environment that often shares work that can generate extra money.
That is the reason why we have to do research before investing. We don't follow people who suggest buying coins, because they could be fraudsters who are carrying out their actions against us. We should have our own confidence in buying coins, because we will bear the risk
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That is the reason why we have to do research before investing. We don't follow people who suggest buying coins, because they could be fraudsters who are carrying out their actions against us. We should have our own confidence in buying coins, because we will bear the risk
That's right, with research before we do something we can minimize the losses that might occur, the important thing is that we have to remain careful in cryptocurrency investments, many developers prefer to hide their identities so it is very difficult to ensure that this project is genuine or not.
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That is the reason why we have to do research before investing. We don't follow people who suggest buying coins, because they could be fraudsters who are carrying out their actions against us. We should have our own confidence in buying coins, because we will bear the risk
That's right, with research before we do something we can minimize the losses that might occur, the important thing is that we have to remain careful in cryptocurrency investments, many developers prefer to hide their identities so it is very difficult to ensure that this project is genuine or not.
Not that we all know that crypto is an anonymous world, but this technology is very promising in the future and will really be needed. Yes, we have to be careful when investing in the crypto world because we don't know the real ID of the people behind the project. Do analysis and research before investing to minimize losses and fraud
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I think there are still many people who care and can provide good information so that there is no fraud committed by irresponsible people to seek profit for themselves and their group. But if there is something like you said, of course, that is their right, and we cannot do anything, but as long as there is still concern, I am sure there will be and will be many who want to help, don't always be discouraged, and I believe that, there are still many who care.
If we talk about groups then we will find out that there are many cryptocurrency groups that try to incite us to buy useful tokens or coins, that is why when you let yourself know that many people know about cryptocurrency then we must be wise in responding to such invitations. Look for friends or an environment that has positive things, perhaps also an airdrop hunter environment that often shares work that can generate extra money.
Always keep thinking positively that there are still many groups or individuals who really care if we experience difficulties and can be helped, so don't be afraid of things that incite bad things. Of course, we don't worry about every invitation from those we know, but from new people or those who rarely gather in groups, we also need to be scrutinized more wisely. Yes, you are right, look for friends in a positive environment and this forum is actually a forum for not getting caught in fraud, because all the information will continue to appear at any time, whether it is about bounties or airdrops that can be obtained.
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Not that we all know that crypto is an anonymous world, but this technology is very promising in the future and will really be needed. Yes, we have to be careful when investing in the crypto world because we don't know the real ID of the people behind the project. Do analysis and research before investing to minimize losses and fraud
Not all technology developed in cryptocurrency will be promising in the future, because currently if you know there are lots of projects that are scams, so we must remain careful when we want to invest in cryptocurrency projects. Make sure we have done research so we don't lose the assets we have because we entered the wrong project.
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Not that we all know that crypto is an anonymous world, but this technology is very promising in the future and will really be needed. Yes, we have to be careful when investing in the crypto world because we don't know the real ID of the people behind the project. Do analysis and research before investing to minimize losses and fraud
Not all technology developed in cryptocurrency will be promising in the future, because currently if you know there are lots of projects that are scams, so we must remain careful when we want to invest in cryptocurrency projects. Make sure we have done research so we don't lose the assets we have because we entered the wrong project.
The transaction free of BSC network is very low which is why anyone can scam with this network token at low cost. apart from this, there are other reasons why scammers choose bsc network. Small investors invest in bsc network tokens to save transaction fees and scammers take advantage of these. So investors should be careful about these things so that even a small investment does not get lost. Investing in new projects is very risky, so if you want to invest, you have to accept the risk, but you can't be careless.
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Not that we all know that crypto is an anonymous world, but this technology is very promising in the future and will really be needed. Yes, we have to be careful when investing in the crypto world because we don't know the real ID of the people behind the project. Do analysis and research before investing to minimize losses and fraud
Not all technology developed in cryptocurrency will be promising in the future, because currently if you know there are lots of projects that are scams, so we must remain careful when we want to invest in cryptocurrency projects. Make sure we have done research so we don't lose the assets we have because we entered the wrong project.
Because of that, all the technology that is created may not necessarily be accepted by its users. That will determine whether it will continue or not.
Indeed, new projects continue to grow all the time, but we are always more careful in disclosing them, because the project could be a scam.
But with a lot of growth, there must be something good and that must also be appreciated and continued to support it if it is profitable.
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In general, I think that you should not trust any token on any blockchain, there should be no exceptions, 99% of all new tokens are a scam and nothing more, you can lose all your money on them, if you want to invest in some tokens that supposedly bring big money, it’s worth thinking about the fact that you need to analyze each project in great detail and not just hear some big news and run and buy a token that may cost zero tomorrow.
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In general, I think that you should not trust any token on any blockchain, there should be no exceptions, 99% of all new tokens are a scam and nothing more, you can lose all your money on them, if you want to invest in some tokens that supposedly bring big money, it’s worth thinking about the fact that you need to analyze each project in great detail and not just hear some big news and run and buy a token that may cost zero tomorrow.
We have to do research before investing in new coins or projects, because there are probably a lot of scams out there. If we still have confidence in buying furniture, try not to invest large amounts of money there, because it is very risky. I prefer to play with small money and short term
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In general, I think that you should not trust any token on any blockchain, there should be no exceptions, 99% of all new tokens are a scam and nothing more, you can lose all your money on them, if you want to invest in some tokens that supposedly bring big money, it’s worth thinking about the fact that you need to analyze each project in great detail and not just hear some big news and run and buy a token that may cost zero tomorrow.
We have to do research before investing in new coins or projects, because there are probably a lot of scams out there. If we still have confidence in buying furniture, try not to invest large amounts of money there, because it is very risky. I prefer to play with small money and short term
This is the essence of a short-term investor or trader. Being an analyst, if you are not an analyst, then you will not be able to earn money normally, or you must know such people very closely in order to 100% trust them in what they tell you and invest and open trades since they
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In general, I think that you should not trust any token on any blockchain, there should be no exceptions, 99% of all new tokens are a scam and nothing more, you can lose all your money on them, if you want to invest in some tokens that supposedly bring big money, it’s worth thinking about the fact that you need to analyze each project in great detail and not just hear some big news and run and buy a token that may cost zero tomorrow.
We have to do research before investing in new coins or projects, because there are probably a lot of scams out there. If we still have confidence in buying furniture, try not to invest large amounts of money there, because it is very risky. I prefer to play with small money and short term
This is the essence of a short-term investor or trader. Being an analyst, if you are not an analyst, then you will not be able to earn money normally, or you must know such people very closely in order to 100% trust them in what they tell you and invest and open trades since they
We don't need that analyst, we should do research and make our own analysis. Because this is our money and we will bear the risk of losing it. If we have analytical skills for the short term, we should do it for trading or holding short terms, this will also generate profits. But it all depends on our ability to analyze and make short-term predictions.
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In general, I think that you should not trust any token on any blockchain, there should be no exceptions, 99% of all new tokens are a scam and nothing more, you can lose all your money on them, if you want to invest in some tokens that supposedly bring big money, it’s worth thinking about the fact that you need to analyze each project in great detail and not just hear some big news and run and buy a token that may cost zero tomorrow.
We have to do research before investing in new coins or projects, because there are probably a lot of scams out there. If we still have confidence in buying furniture, try not to invest large amounts of money there, because it is very risky. I prefer to play with small money and short term
This is the essence of a short-term investor or trader. Being an analyst, if you are not an analyst, then you will not be able to earn money normally, or you must know such people very closely in order to 100% trust them in what they tell you and invest and open trades since they
We don't need that analyst, we should do research and make our own analysis. Because this is our money and we will bear the risk of losing it. If we have analytical skills for the short term, we should do it for trading or holding short terms, this will also generate profits. But it all depends on our ability to analyze and make short-term predictions.
You are writing from the point of view of a medium-term investor with a small amount of money, people who have a lot of money do not do this, they trust their money to companies that do this professionally and have 10 analysts on staff. But for those who have a lot of money, you must be an analyst yourself, otherwise don't make money.
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In general, I think that you should not trust any token on any blockchain, there should be no exceptions, 99% of all new tokens are a scam and nothing more, you can lose all your money on them, if you want to invest in some tokens that supposedly bring big money, it’s worth thinking about the fact that you need to analyze each project in great detail and not just hear some big news and run and buy a token that may cost zero tomorrow.
We have to do research before investing in new coins or projects, because there are probably a lot of scams out there. If we still have confidence in buying furniture, try not to invest large amounts of money there, because it is very risky. I prefer to play with small money and short term
Whatever we do to determine something, we really need to do an analysis beforehand, because without proper analysis, risks will occur.
Indeed, currently almost the majority of new projects are indicated to lead to fraud and this cannot be avoided because it is very tempting to make a profit.
It's a dilemma if you want to invest in a new project. Following it with small funds will also produce small value little but with large funds the fear is fraud.
In fact, everything can be trusted if the analysis we carry out is accurate, so there is no worry about how many funds we will invest in the new project.
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You are writing from the point of view of a medium-term investor with a small amount of money, people who have a lot of money do not do this, they trust their money to companies that do this professionally and have 10 analysts on staff. But for those who have a lot of money, you must be an analyst yourself, otherwise don't make money.
Small capital will usually produce only a few percent so the profits will be very little. It is better if you want to become an investor to use large capital. Of course, at least we must have unlimited income, meaning that we will always have the money we have every month. without having to do the work and just seeing the money work for us.
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You are writing from the point of view of a medium-term investor with a small amount of money, people who have a lot of money do not do this, they trust their money to companies that do this professionally and have 10 analysts on staff. But for those who have a lot of money, you must be an analyst yourself, otherwise don't make money.
Small capital will usually produce only a few percent so the profits will be very little. It is better if you want to become an investor to use large capital. Of course, at least we must have unlimited income, meaning that we will always have the money we have every month. without having to do the work and just seeing the money work for us.
It doesn’t make much difference What kind of capital you have, small, big, on the one hand, small capital is very easy to increase since you don’t mind it and you take risks on large capital, as usual, it brings a little less interest than small capital; ideally, make investments with large capital and invest small capital in yourself for development .
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Because of that, all the technology that is created may not necessarily be accepted by its users. That will determine whether it will continue or not.
Indeed, new projects continue to grow all the time, but we are always more careful in disclosing them, because the project could be a scam.
But with a lot of growth, there must be something good and that must also be appreciated and continued to support it if it is profitable.
Most tokens - have no technology, I am silent about their application. Any investment = taking risks and t.c. What to talk about if projects that have been on the market for more than a year are dwindling + do not fulfill their goals. About new tokens, even out of the question - there is nothing but deception. :o
P.S. One of the reasons why the crypto market should be fully regulated. To minimize such problems. 8)
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You are writing from the point of view of a medium-term investor with a small amount of money, people who have a lot of money do not do this, they trust their money to companies that do this professionally and have 10 analysts on staff. But for those who have a lot of money, you must be an analyst yourself, otherwise don't make money.
Small capital will usually produce only a few percent so the profits will be very little. It is better if you want to become an investor to use large capital. Of course, at least we must have unlimited income, meaning that we will always have the money we have every month. without having to do the work and just seeing the money work for us.
It doesn’t make much difference What kind of capital you have, small, big, on the one hand, small capital is very easy to increase since you don’t mind it and you take risks on large capital, as usual, it brings a little less interest than small capital; ideally, make investments with large capital and invest small capital in yourself for development .
Big or small capital does not matter, what is important is our intention in investing. Because we can start with small capital and increase our crypto assets by always buying crypto from the profits we get. Maybe almost the majority of members here do it. From participating in the dbounty campaign, joining airdrop they get capital to invest in crypto
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It's a dilemma if you want to invest in a new project. Following it with small funds will also produce small value little but with large funds the fear is fraud.
In fact, everything can be trusted if the analysis we carry out is accurate, so there is no worry about how many funds we will invest in the new project.
The dilemma will therefore also result in great risks as well as great gains.
But on the other hand, the mental will certainly be quite shaken when the new project does not go well or even a scam.
No analysis is always accurate, some do just know the basics but then when in the market anything can happen.
Investing money that you can afford to lose is the best advice, don't use money that is still needed for other needs and certainly do not put in one basket, diversification is needed.
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You are writing from the point of view of a medium-term investor with a small amount of money, people who have a lot of money do not do this, they trust their money to companies that do this professionally and have 10 analysts on staff. But for those who have a lot of money, you must be an analyst yourself, otherwise don't make money.
Small capital will usually produce only a few percent so the profits will be very little. It is better if you want to become an investor to use large capital. Of course, at least we must have unlimited income, meaning that we will always have the money we have every month. without having to do the work and just seeing the money work for us.
It doesn’t make much difference What kind of capital you have, small, big, on the one hand, small capital is very easy to increase since you don’t mind it and you take risks on large capital, as usual, it brings a little less interest than small capital; ideally, make investments with large capital and invest small capital in yourself for development .
Big or small capital does not matter, what is important is our intention in investing. Because we can start with small capital and increase our crypto assets by always buying crypto from the profits we get. Maybe almost the majority of members here do it. From participating in the dbounty campaign, joining airdrop they get capital to invest in crypto
I can’t know who invests here and how on the forum, but I know one thing: if you have very little money, then there is no point in investing these pennies in Bitcoin, if you have little money, then it is better to invest in education and not just buy bitcoins and wait for some miracle.
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I can’t know who invests here and how on the forum, but I know one thing: if you have very little money, then there is no point in investing these pennies in Bitcoin, if you have little money, then it is better to invest in education and not just buy bitcoins and wait for some miracle.
Maybe primary needs and other living needs in the real world are sufficient, that's why the person is trying to invest in bitcoin. And the source of the money he uses for investment could be from joining airdrops and bounty campaigns. so he used the money from the crypto event to invest in crypto
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I can’t know who invests here and how on the forum, but I know one thing: if you have very little money, then there is no point in investing these pennies in Bitcoin, if you have little money, then it is better to invest in education and not just buy bitcoins and wait for some miracle.
Maybe primary needs and other living needs in the real world are sufficient, that's why the person is trying to invest in bitcoin. And the source of the money he uses for investment could be from joining airdrops and bounty campaigns. so he used the money from the crypto event to invest in crypto
This doesn't mean that only those whose needs have been met can invest in Bitcoin, as those who understand can also do so as long as there are funds that can be purchased using the DCA scheme, if not directly.
Or what you said is true, by participating in the Bounty or Airdrop and the results are used as an investment. All methods can be done as long as there is a desire and to understand what investing in Bitcoin is.
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I can’t know who invests here and how on the forum, but I know one thing: if you have very little money, then there is no point in investing these pennies in Bitcoin, if you have little money, then it is better to invest in education and not just buy bitcoins and wait for some miracle.
Maybe primary needs and other living needs in the real world are sufficient, that's why the person is trying to invest in bitcoin. And the source of the money he uses for investment could be from joining airdrops and bounty campaigns. so he used the money from the crypto event to invest in crypto
I won’t sleep to insist that someone should do this or shouldn’t do this; in any case, any investment is the right move in financial well-being; I think that small investments are not very correct. More precisely, Bitcoin investments are not very correct because I believe that in investing is much more profitable for yourself.
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I can’t know who invests here and how on the forum, but I know one thing: if you have very little money, then there is no point in investing these pennies in Bitcoin, if you have little money, then it is better to invest in education and not just buy bitcoins and wait for some miracle.
Maybe primary needs and other living needs in the real world are sufficient, that's why the person is trying to invest in bitcoin. And the source of the money he uses for investment could be from joining airdrops and bounty campaigns. so he used the money from the crypto event to invest in crypto
I won’t sleep to insist that someone should do this or shouldn’t do this; in any case, any investment is the right move in financial well-being; I think that small investments are not very correct. More precisely, Bitcoin investments are not very correct because I believe that in investing is much more profitable for yourself.
If you think like that, no one will blame you. Investing in crypto is a matter of freedom and according to each individual's capacity. If you only have a little money and want to invest, maybe that's how you want to make a profit and increase your assets