fake coin

[backfirst77]

Nowadays there are many fake ICO projects, just by using sales by means of Crodwsale they make products that are scam. Only to make money from deceiving investors who will buy it and then run away. It is difficult to know beforehand, because there are those who reach the soft stamp of their sales but they are still fake. So it's hard to tell which ones are good and which ones are scam.

[Cryptoz]

If you doubt to invest or trade with what crypto coins, you are better to choose top coins like Ethereum, Stellar, Ripple, or other promising top coins. For the beginner, it is not recommended to invest in ICOs. ICOs must be fit for experienced people since it needs complex research.

[Malam90]

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.

There are a lot fake coins now entering into the ICOs. Many investors and bounty hunters are being cheated at regular basis. Before investment, an investor should investigate pros and cons of that project. Hence i like to invest in established coins rather than new coins.

[Ar.harry]

sometimes you cant define that which coin is fake and which is real. so its better to investigate first before buying any coin because your money is very valuabe for you, you invest your money to get profit not to waste , so its better to consult any coin market expert before buying coins.

[Stgeorge]

I think nowadays a lot of fake coins in the world of cryptocurrencies.It will be very hard to avoid.so buy coins that are already on the market for investment.for example ethereum, ripple, Litecoin,EOS, Cardano.

[toheed2x]

yeah get rid of them lots of ICOs with fake tokens around come and dump going on stablecoin should be alternative 100 to 200 top one

[Bobcrypto]

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.

Yea, fake coins has a great of number coins compared to genuine coins today, but besides Eth, litcoins, and bitcoins, there are several other coins out there that are also very good. You may identify them through their trading volume at CMC and they might  be trading bolow the first top ten coins.

[LogiC]

since cryptopia hack I only preferred binance for trading nothing else safe now or better just do trade in exchanges and not hold there your coins

Binance was hacked before and even some big exchangers as well. Hackers sometime can penetrate this firms without any hardship since the concept of 51% attack is susceptible until now. I guess the more the people being cautious the more they become in danger of buying fake coins..

[Cryptoz]

Yea, fake coins has a great of number coins compared to genuine coins today, but besides Eth, litcoins, and bitcoins, there are several other coins out there that are also very good. You may identify them through their trading volume at CMC and they might  be trading bolow the first top ten coins.

True. There are many fake coins created by irresponsible developers currently. I call them "shitcoins", since they cannot be used and worthless. There are some that already listed on exchanges, but others only worthless coins on wallets that the developers never try to list on exchanges. However, there are still many good coins on CMC.

[Nolkupit46]

Day to day, ico fake projects are increasing alarmingly.. Investors losses a lot of money due to fake coins. Be careful with your involvement.

[enci55]

I also strongly agree with you, good and reliable coins are coins that have entered Coinmarketcap, but if we buy coins at ICO, we can get coins with bonuses, and that makes more profits when we sell them after enter the market.

[Ryanpogz]

To avoid laziness helps us to lessen scams. We have our confidence, our own faith, our own knowledge, our own strategies to cultivate what we think meaningful in our lives here. Take note, whether it is fake coin or not be diligent is necessary.

The scammers using fake tokens operate almost similar to pump & dump projects. Ideally, a team creates the fake crypto coins which they try to sell to investors by working on overview aspects like whitepapers. Using these documents, the scammers will sell a “cash cow” to investors while in truth their speculated targets are unrealistic. A good number of scamming whitepapers will often display inaccuracy starting with the grammar & other content that may probably be stolen.

[Levani91]

The volume of trades will not tell you whether a fake coin or not. It happens especially pampyat the coin, showing the volume, so that more beginners enter it. When choosing a coin, pay attention to the project team, the history of the coin, the exchange on which the coin is traded, and also preferably when investing, choose altcoins from the top 30 coinmarketcap