is crypto presale always scam?

doublebankai69

doublebankai69

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i've seen many articles about new cryto presale on CoinMarketCap.com. is it trust worthy or do i have to consider it as a scam? if there is any behind stroy with crypto presaling mechanism, plz share it. any personal experience will be welcomed.
 
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Extremely risky. Unless you know exactly what you're looking for and are comfortable with the possibility of losing your entire investment, I wouldn't go near presales.
 
It's not always a scam but you just need to do your due diligence. But if you hit the jackpot, you would have taken the risks..
 
Crypto presales and ICO's used to print in the stimulus check era, as numbers always went up. Now it's a completely different ballgame and most are outright scams or go down in value. Unless you know what you are doing and what to look for (VC backed, history of progress ect) then I just wouldn't do it.

In the past presales like solana and flow did 100x, but sadly that era is over
 
doublebankai69 said:
i've seen many articles about new cryto presale on CoinMarketCap.com. is it trust worthy or do i have to consider it as a scam? if there is any behind stroy with crypto presaling mechanism, plz share it. any personal experience will be welcomed.
Click to expand...
crypto pre sale or drops are not always scams but few one was, doing own research help you identify that which one should you join. simple easy way is by seeing the partners if the partners are legit then the project will be safe.
 
doublebankai69 said:
i've seen many articles about new cryto presale on CoinMarketCap.com. is it trust worthy or do i have to consider it as a scam? if there is any behind stroy with crypto presaling mechanism, plz share it. any personal experience will be welcomed.
Click to expand...
you can say this never ever spend any single dollar on air drops because sometime they waste time and money both!
 
Most of the time it is scam so stay away from these.
 
The minority ratio is a scam, only works on valuable coins instead of new ones.
 
The risk is very high. The people making money from these are those who are insiders. Common public will mostly loose money in these oppurtunities.
 
CoinMarketCap has a good reputation, but not all pre-sales are trustworthy. There are still many scammers out there.
 
99% of the Pre-sales are a scam yes.
and the other 1%. only 10% out of it are really giving profits right after a Pre-Sale.
 
doublebankai69 said:
i've seen many articles about new cryto presale on CoinMarketCap.com. is it trust worthy or do i have to consider it as a scam? if there is any behind stroy with crypto presaling mechanism, plz share it. any personal experience will be welcomed.
Click to expand...
99% chance it will be scam. Lot of time is wasted in searching these.
 
Not only presale but majority of new coin launches are complete scam. How will you find out which project is genuine and which is scam?
 
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