Post
Topic
Board Altcoin Discussion
Re: Why lots of people got scam easily
by
dataispower
on 06/05/2020, 09:14:32 UTC
people get easily scam because of hey never do any research before engage and i think they should talk to some crypto expert before buying any new crypto from ICO or exchange.
Not just beginners but people who are experienced in the Crypto world can also be easily fooled by projects that look good though in fact it is a scam. It is very difficult to distinguish which projects can be trusted and which are not. Scammers are really smart tricking investors with their tricks.

It's not very difficult to distinguish genuine projects from scam projects if you do more thorough research on team, rather than looking at hype around a project or their project aim/ roadmap. Atleast I've learnt that from experience. Well, you have a point since some projects look very genuine but at the end turn out to be scam. Sometimes its a matter of grace and not how well you do your research, even though it's necessary to. I bought one ICO in 2018 with a very superb MVP, yet they scammed.