Read this several minutes ago. We must be vigilant on what we are investing and must do some research or study first if the project that we wanted to join is legit or not. So sad that there are some ICOs who are just making money for their own sake. Because of this issues, people becomes scared of cryptocurrencies and thinks that other cryptos that are legit are scams too.
http://www.livebitcoinnews.com/denaro-ico-raises-8-7m-and-goes-up-in-smoke/The easy way to get money through crypto currencies is indeed misused for fraud lately. Therefore I am not surprised if crypto currency players have no confidence in crypto currencies. Now that trust starts to build but we still have to be careful about what we invest. We must be as selective as possible to get the right investment land. We must not be lazy in doing analysis. Our mistake in choosing land investment in crypto currency is very influential on the results we will get.