Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: newshunter on December 08, 2020, 01:01:18 AM

Title: Did you fall for it? 13 ICO scams that fooled thousands
Post by: newshunter on December 08, 2020, 01:01:18 AM

Did you fall for it? 13 ICO scams that fooled thousands

ICOs are revolutionary for business, though the fear of being scammed keeps investors at a distance.

Source: Did you fall for it? 13 ICO scams that fooled thousands (https://cointelegraph.com/news/did-you-fall-for-it-13-ico-scams-that-fooled-thousands)

Would appreciate your opinion about this

Title: Re: Did you fall for it? 13 ICO scams that fooled thousands
Post by: TomPluz on December 08, 2020, 11:13:52 AM

We should not anymore be wondering why there are many people who are turned off when they hear the term ICO in connection with the cryptocurrency industry. We could not blame them for equating ICO with scams all because there had been many big scams in the past using ICO as a vehicle to victimize people. Unfortunately, even at this stage, there is no sure-fire and guaranteed technology or system that can plug away scammers from this industry.

Title: Re: Did you fall for it? 13 ICO scams that fooled thousands
Post by: robert20 on December 09, 2020, 08:01:23 PM

These types of fake projects are polluting crypto. For these projects people are losing interest in crypto. They are stealing people's money. We need to be more careful about these types of projects and need to think wisely before investing.

Title: Re: Did you fall for it? 13 ICO scams that fooled thousands
Post by: Gravatai on December 10, 2020, 07:13:58 AM

There have always been many scam projects, even before the advent of cryptocurrencies, so this is not unusual. There are different forms of scam and they are constantly being improved, but you just need to be careful and not invest amid greed and in a hurry, you need to carefully check everything.