Post
Topic
Board Altcoin Discussion
Re: Why people are calling projects as scam when they are in a bear market?
by
Ashong Salonga
on 15/03/2020, 16:35:51 UTC
I kinda noticed that people will just easily call a project scam without even researching about the project, their judgement is solely based on the price and does not consider that most altcoins are affected by the bear market. If they can't change their mentality, this would affect the reputation of the project, this is like destroying a project's reputation in bad times, instead of helping them.

Indeed. Such type of thinking or mindset towards a project which is easily judging it without doing prior research and spending false accusations because of its current standing in which the price of the token being promoted by that project is low is somewhat already destructing the reputation of that project which makes it more difficult for them to attract participants that can be a potential investor to make the project become successful. Remember everyone, not all fail projects are all scams because it is not really easy to establish a project because there are still lots of things to do and to consider before making it successful and leading its price to improve into a higher one. If we keep on saying that a low priced project is a scam, then even those good quality projects will be affected leading for people not to trust any projects anymore due to false accusations. Better do researching first before judging a project to be a scam or not because a single word of accusation even without basis can affect a project's reputation and it can destroy and make it fail at all.