Post
Topic
Board Altcoin Discussion
Re: How much money you've lost due to SCAMs?
by
Hyperphrenia
on 10/04/2014, 13:13:23 UTC
A while ago scams were extremely rare, a huge amount of coins have come in. You really need to do alot of research. There is a large majority of players out there who are trying to further technological development in both services and coin development. Learn from your mistakes, everyone has lost money from bad investment.

Kind sir, thank you for the kind words *sob*  Thanks for not laughing at this noob. Cry Cry It kind of makes me feel better to know I'm prolly not the gullible fool I thought I was.

Anyways, as scams are becoming more and more frequent & sophisticated (as I've just witness in the Radix Foundation thread:https://bitcointalk.org/index.php?topic=500209.0), I'd say that it's becoming rather difficult for a noob who's new to the altcoin scene to detect & tell a scam from the real thing. big SIGH* 

I think the prevalence of scams is what brought the price of altcoin down these days.