fake coin

[Shahinaz]

if you do not want to be deceived, you should be more detailed looking for data sources that you can, whether their team is real or just take photos of someone else from social media, because lately there are many projects that do that

[PhiliPPs]

The desire to get as much profit as possible mainly controls us, so we don’t always look at Bitcoin or Ethereum, but still keep them on the wallet, and therefore we start looking for something that will bring more profit and find coins with small trading volumes, but  Again, we run the risk of losing everything!

[comer]

There are coins that are tested legit and would bring great profit at the long way. Go to coinmarketcap and choice the top 10 coin. Hold it for a long time until such time market will recover and bring fortune for your investment.

[shadowdio]

I agree, many fake coins have been created so make a research for that coin to prevent losing money, it's better to invest in the top coinmarketcap most of them are trusted.

[nayeon.twc]

maybe the best and safest is to buy the right coins are guaranteed like ETH, Litecoin, Ripple and others who are in coinmarketcap.

Even if you buy it at coinmarketcap, it's useless. because in coinmarketcap, if you are not careful, you will get coins that do not develop. there have been many coins like that in coinmarketcap.

[Zemytha]

I agree. Lots of fake coins at the moment. visit their telegram. Is their project active or not. If active can be sure the price of their coins will continue to rise.

[khufuking]

I think the danger of buying a fake coin is only related to Decentralized exchanges because there is no chance to buy a fake coin from a centralized exchange. The number of fake tokens/coins on the decentralized exchanges is crazy and the best practice is to always check the contract of the coin/token you buy and of course, check the volume for trade etc ...

[88percent]

I agree, many fake coins have been created so make a research for that coin to prevent losing money, it's better to invest in the top coinmarketcap most of them are trusted.

Yes, it is true that many fake coins are spreading out right now. We must be careful to choose coins for investment. I agree that top coins on marketcap should be more trusted than new coins at ICOs.

[Altcoins_letsgetit]

Sometimes it is difficult to distinguish the right coin with a fake coin or scam. The best way to avoid it is to seek as much information about certain coins. Then see if many people buy the coin, and look at the background of the coin.
Sometimes even if you already do that we are still stuck with fake coins, maybe the best and safest is to buy the right coins are guaranteed like ETH, Litecoin, Ripple and others who are in coinmarketcap.

yeah I got your opinion, but sometimes the market needs development, so we have to give opportunity to new projects as well, I'm not saying to all projects please note, and before investing it's advised to pay attention to the team which is developing the project, its previous records, experiences and so on

[hermae]

It is true that there are many fake coins existing now. To be safe, I think it is better to buy coins that are already established and in the market already. There are also some ICOs to choose from. But if we want to buy from ICOs, be sure to check everything about it first, from its project, admin and its addresses. If they are consistent with everything, that maybe would indicate that the ICO is safe and real.

[tonymillions84]

if you are not really convinced in investing on icos. the best option is to wait for the project to hit an exchange. once you are sure it is on an exchange platform , go ahead, buy from exchange then transfer to your wallet but you need to be monitor the project also to avoid dumping everything in the market and disappearing.

[Rituvohra01]

There are many scam coin in the market. So I believe that the safest coins are that which are on coinmarketcap. I think these coins are trusted as well as potential coin for trading as well as for investment.

[Ghozrd]

Currently there are many fake coins in circulation and left behind by developers, I hope new coins can become competitors in coinmarketcap and not make people disappointed because the idea they have ends in a scam.

[kreiskleidolon]

just like in forex, you start with the majors first,
well in my opininion.. at least invest within top 20 cryptocurrencies.. with that you have some certainty in mind.. but do not invest long term.

(crypto prices tend to be more volatile than real currency rate or stocks)

[ComeBack]

It's really normal here that we will encounter a lot of fake coins/tokens/projects. Actually we believed that there's around 90%-95% of projects in crypto are turning to scam. What we just really need to do to avoid those things are just do some research.