Post
Topic
Board Altcoin Discussion
Re: Many ICO / altcoin scams?
by
supercanada1
on 23/10/2019, 11:22:03 UTC
Hi, many people are still complaining how many ICOs ended up as a scam.
The cryptocurrency idea is to create a free worldwide decentralized ecosystem. Free for all, for honest but also for dishonest people. It is free market and you should protect yourself before losing your money. You don´t like it? Then you do not understand crypto.

But unfortunately the dishonest people in crypto world had overshadowed the honest ones thus painting the system in a bad light, moreso making the ecosystem more riskier for investment I quite agreed with you on protecting ourselves against scam possibly by investing with the amount of money we afford to lose so as to be on a safer side.
Still, the number of such fraudulent is increasing and therefore it is best to not even think about trying out new options. I really don't get why people choose ICOs and stuff when they can go for bitcoin or ethereum. If a person is serious about earning profits with the help of digital assets and opportunities, he should not waste his time on new projects. I honestly suggest to put efforts in bitcoin.