7. They carry out long pre-sale period spanning between 3 to 4 months which allow investors to buy any amount. This is to enable them to raise as much fund as they can because almost anyone can afford their pre-sale.
in this pase I'm sure they offer it at a fantastic price, such as discounts of up to more than 50%.
This is the trait of a scammer that is the easiest for me to meet, even their social media content only contains
tweets about public sales without their ecosystem or application.
In addition, they usually only make public sales on their own website without IDO or third parties and it is done from start to finish.
Unlike the truly successful projects, they usually promote directly to the big guys as their main investors, then leave a little allocation
for public sale as profit for the community who buys first to get a cheap price.
Exactly, scammers only care about one thing and that is the money they can make, this is why they offer those huge discounts, people on their haste to make money do not stop to think what those discounts really mean.
After all if I was a developer and I knew that my project was legitimate and it had a chance to become incredibly popular I will never offer a discount on my coins, I will let the community to buy as many or as little of the coins as they want and begin to work right away to show them they did not made a mistake by trusting me, however when it comes to scammers we see the opposite, they are only interested in the marketing side of the project and do not really care about the potential development of their coin at all.