Post
Topic
Board Altcoin Discussion
Re: Why people are calling projects as scam when they are in a bear market?
by
panganib999
on 09/04/2020, 23:53:41 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.

Totally true. People just keep on saying that such existing projects are all scams even without taking or doing thorough research about that project. That is why people are having false allegations about all projects because they mostly hear that projects are scams which brings negative impression and reputation even to those legible and good project because people easily judge projects by looking at the price and not taking good look of the project itself. All of the cryptocurrencies in the market whether Bitcoin or Altcoins are all affected by the current situation we do have which makes the prices low. It doesn't mean that when the price is too low it can already be considered as a bad or poor project because we are into a world crisis right now which takes a negative effecf on cryptocurrencies as well as with the stock market. This types of allegations are misleading people that projects are bad and it is not good to see misjudging projects because of the price.