New coin are scam nowadays

[dragononcrypto]

I think in an extended bear market, when the market cap of altcoins is bleeding, then all new coins looks like scam - losing 90-99% of their value and ultimately many failing projects running out of money due to the volatility of Ether prices. Recently it seems like people are gaining respect for these newer projects with many already providing outstanding gains in comparison to Bitcoin and most of the Top 10 coins. My money would be on HOT and GRIN long-term, personally.

[Quart]

~snip~ But we can know or determine whether the scams or good projects. It is the only way to prevent from following scam projects.

Yes, we can avoid the scam projects if we want to take analysis. Even if there is 100 accuracy on our analysis but it is much better than choosing projects without analyzing them. If we have friends that already become experienced crypto investors or traders, we also can ask them to help us analyze crypto projects. 

[debra]

I also think so. Many coins are scams. I cannot say that it is mostly. But, so far, there are still many scam coins, failed ICO projects, or even the doubtful coins that we can find on the market or on ICO/IEO. Just be careful then.

[Fatiti]

Hello, I am new in this forum but not new in cryptocurrencies,  I started trading cryptocurrency in 2016 and my first cryptocurrency I bought that time is vergecurrency and other penny coin. And I returned my money in bundle because they have good tech and very good team..So early this year I noticed that a lot of coin is now scam and failed promises. So please if you want to buy any coin don't go to coinmarketcap only because coinmarketcap can list any coin without verifying it well, just go to their telegram group and ask questions I think this can help you stay away from scam coin...

You are very correct brother, the best way into investing to a good coin is to make a good research about the project, what  problem is the project trying to solve and how efficient can the project solve this problem and also the team behind the project. By so doing we would be able to know what we are investing into.

[Bobcrypto]

Hello, I am new in this forum but not new in cryptocurrencies,  I started trading cryptocurrency in 2016 and my first cryptocurrency I bought that time is vergecurrency and other penny coin. And I returned my money in bundle because they have good tech and very good team..So early this year I noticed that a lot of coin is now scam and failed promises. So please if you want to buy any coin don't go to coinmarketcap only because coinmarketcap can list any coin without verifying it well, just go to their telegram group and ask questions I think this can help you stay away from scam coin...

I must also tell you that must of projects telegram groups or channels could be fake channels and some of them has many fake admin that will always give a misleading information about the projects. I think there are a lot an individual could do to get clear information about some thwse project(s). Some of these are thorough research all social media sites, active crypto rating sites, project location, a true identity of the team members etc.

[indexx]

This is our warning to not buy coins without analyzing it carefully first. Because of the scam coins, we must beware that probably we are the victims. That is why we should be more selective in deciding which coins to be bought.

[toheed2x]

projects which have good ideas not working because of bearish market and hackers get all the investors many like hell 

[bayiajaib]

Hello, I am new in this forum but not new in cryptocurrencies,  I started trading cryptocurrency in 2016 and my first cryptocurrency I bought that time is vergecurrency and other penny coin. And I returned my money in bundle because they have good tech and very good team..So early this year I noticed that a lot of coin is now scam and failed promises. So please if you want to buy any coin don't go to coinmarketcap only because coinmarketcap can list any coin without verifying it well, just go to their telegram group and ask questions I think this can help you stay away from scam coin...

Yes I think it is true.  Several new coins are scams now.  We must be carreful.  Learn their white paper and team behind them

[alfatih99]

It is true that a lot of new coins are scam at the moment, we must be more careful to buy a coin, and we should invest in large coins.

[Black ID]

I will not say all coins, but, many new coins are exactly scams. We can see on the projects of crypto, many of them are finished. But, nothing happened to the distribution of the coins. Moreover, they may have distributed the coins, but they have no progress on the exchange after many months.

[legend45]

Hello, I am new in this forum but not new in cryptocurrencies,  I started trading cryptocurrency in 2016 and my first cryptocurrency I bought that time is vergecurrency and other penny coin. And I returned my money in bundle because they have good tech and very good team..So early this year I noticed that a lot of coin is now scam and failed promises. So please if you want to buy any coin don't go to coinmarketcap only because coinmarketcap can list any coin without verifying it well, just go to their telegram group and ask questions I think this can help you stay away from scam coin...

No,  I think not all.  Several new coins are good adn very potential.  Today,  It just a crisis,  I believe  It will be ok soon

[OptimusPrime]

Well yes you are right but not totally right. Not all new coins or tokens are. Scam, but the ones created just to deceive people and scam them of their money

[trauchot]

Quite right, many people understand that now it is easy to deceive investors through cryptocurrency and therefore these people create scam companies through which they collect an incredible amount of money and then just disappear with this money.

[VirtualBtc]

All new coins are not scams but a few coins scams. Please don't damage our market with scam ico and coins.

[Len]

There are scammers in each market, but one failed project does not necessarily imply that people behind it had scamming intentions. Sometimes there is just a bug in algorithm which costs too much to be fixed and people just move from such project