Topic: 2019 icos - page 11. (Read 18793 times)

You are right, ICOdrops seems so strict in their criteria when it comes to rating ICOs which is a good thing. I used to use it during the ICO boom but the problem was their top rated projects would sell out in seconds even before you get a chance of buying any token s for your self.

The team behind this website https://www.concourseq.io is also good at vetting ICOs but the problem is the website is not that popular and the owners seem to be very busy with other things at times so updating it takes longer sometimes.

The only one I would recommend from that list is ICODrops. They seem different from the usual rating agencies. I sometimes look through their list of Rated ICO projects just to be up to date with what is going on. Currently they have listed only two projects in that list, one has collected $18M and the other $25M.

You are very much correct that why it might be not such a bad idea to have some sort of decentralisation attached to the initial coin offering icos sector

ICOs are very risky and right now the best recommendation is to prefer holding your BTC or ETH instead of investing them in shitcoin ICOs. There could be some good ones but the risk to invest in a scam or failed ICO is very high, like shown in the stats posted by DdmrDdmr a few posts above.

It's very easy for scam ICOs to buy good ratings on ICO-sites like ICObench. If you want to have a detailed article about how easy it is to buy fake ratings I would recommend to have a look here: https://medium.com/alethena/this-is-how-easy-it-is-to-buy-ico-ratings-an-investigation-13d07e987394

The investigation team tried to buy expert ratings on ICObench and they were surprised about the result. Everyone can buy fake ratings via Telegram if he pays enough. In addition, it was possible to define the text which experts submit in their own name...

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And ICOs have some more disadvantages, the most important one is the danger of sending your personal data to them if the ICO requires KYC. Most ICO scammers are not just collecting money, they are also collecting personal data when an investor joins and submits KYC. The scammers will sell your personal data to someone else and they will use it most likely for criminal activities. Once sold only one time, your personal data is lost and you don't know where it is traded and used for. It's not worth to invest in shitcoins ICOs that criminals get access to your personal data.

Some ICOs can be good investments, but the number is very low. Better keep your crypto to yourself, HODL it and don't risk identity theft due to scammy ICOs.

ICO's and 2019 - these two words can't be used in one sentence. OP, forget about ICO's, they aren't going to make you rich. It's most likely that you will lose money. Like people above suggesting, better invest in already existing coins which have potential to rise.
I'm not familiar with these websites, but my suggestion - don't use information written there blindly. These reviews still can be biased or with misleading information. Always use your own head when you make research about ICO's

Just be careful and do your research.  Most icos are junk projects if not oughtright scams. 

There is a survey create by Satis Group around a year ago that got a lot of attention, and though a year has passed, as far as I’m aware, there in nothing that has changed on the ICO front from the offering point of view, although probably a fair share from the capitalization and awareness viewpoints.

The survey (see ICO Quality: Development & Trading) depicts the distribution of ICOs in the aftermaths as follows:
81% scams
6% failed
5% gone dead
8% move on to trade
Of those that moved on to trade, less than half were successful.

Now those figures give a clear indication that ICOs are not investments, but resemble more a gambling game. The due diligence mantra (check team, whitepaper, cap, feasibility, development made at the time, etc.) may reduce somewhat odds of ending-up down the wrong path, but eventually one is not an expert on discerning what is what, and the final odds of the investment coming to a good end are weak (not impossible though, just weak).

Even coming STOs  are not guarantee upon investment. They may be regulated, and as such reduce some of the ill intention from the get-go, but again are still ultimately a gamble on results.

Checking ratings on websites is not a very good idea I've come across many a project with excellent ratings on such websites turn out to be a scam, or a failed project before take off. This is cause majority of projects turn out to be disappointments despite having a glowing whitepaper and trying to disrupt one industry or the other using the blockchain.

It's very difficult to predict which project would turn out good during an ICO. I go for those with an already established sector which is verifiable and functioning.
ICOs are big risks. Only a small percentage turn out successful.

Thats just not true, there are a lot of good projects that had very good returns.  Don't just throw every new project under the bus.  I remember when many called ethereum a scam at the beginning and those early investors are sitting pretty right now.

Well the initial coin offering icos is not what it used to be as of two years back.
But still with a good research you can possibly get some good initial coin offering. You can check
Icodrops

I suggest not to invest in ICOs in 2019 as this year is similar to previous years. It still has bearish trends and definitely, it will the tokens below the ICO price.

Instead of taking too much of a risk investing in ICOs that majority turns out to be a shitproject (scam), why not invest in already tradable coins that suffered huge price decline due to the bear market. Usually I don't advice buying of altcoin that's if you can afford just one bitcoin you're good but since you don't have the fund. Draft out some spear time, research for those project with real life usage which aren't just hype project and invest in them instead of replying on some random advice on "best project ICO to invest in 2019".

Not just under the ico price but it's more terrible as it don't have anymore value. ICOs now are hopeless and even they change it to STO category it wouldn't change the fact it will just use to scam.

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OP should rather invest in bitcoin or perhaps on some promising coin like eth, eos and ltc. Save yourself and don't waste your money in trashy icos.

Very wrong advice to give to a newbie, most of these websites, ICObench for example have been rating recent scams very highly. DO NOT TRUST THESE WEBSITES without doing any due diligence yourself. You will be ripped off your hard earned money!

Here are examples of recent scam highly rated by ICObench "Experts":

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1. Resto Token Scam

ICObench expert ratings.



Like seriously, fuckin'   4.3/5 ratings? KYC "passed" too and still scammed people?

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2. Bidium Exit scam

ICObench "expert ratings"





7 Damn experts gave this ICO a pool rating of 4.2/5 and it still exited with investors money!  Seven!  

And a sea of many other scam ICOs from this so-called ICo rating websites

Don't invest in ICO because now, the ICO was not a good way to make a profit.
I think you can try to invest in bitcoin only and hold it for this year until the next halving. Or you can buy altcoin too if it necessary so you can get double profit in the next year.

Maybe in the middle of this year will have a new trend for cryptocurrency and you can join but for now, stay away from ICO for a while. Use your money for another thing.

We could only give you a suggestion, but the rest is up to you.

most of the projects today are waiting for the price to rise up so even if the ICO is completed and funds were given to the team, they may still not release anything nor list their token to an exchange which can turn your money into -50%. some projects which the team postponed their ICO turned scam. you be careful with ICO, investing and dumping isn't a a good business model in bear market.

ICO is very risky, I can only suggest you to do your own DD from various site. Below are some ICO reviews/reviewer that I believe a good choice to analyze or know which ICO that you can DD further:
- ICODrops
- WolfCrypto
- Luntik Reports
- ICODog
- MMCrypto

Don't use site like ICOBench, Icoholder or something similar, their reviews, most of the time are worse than bounty hunter article on that project.

ICOS until now is still the same. It will be hard to earn profit from your investment as most ICOs won't be a succesful after the fundraising. If you have skills that can be useful in crypto you can start your own service for payment as long as it's guaranteed working and you have to build reputation too.

If you are investing in icos for the first time, be extremely careful.

Good article on the risk involved.

[Suspicious link removed]j.com/articles/buyer-beware-hundreds-of-bitcoin-wannabes-show-hallmarks-of-fraud-1526573115[/url]

If you can't read the link, put it into https://outline.com and read it from there.

edit: Not sure why the wsj would be flagged as a suspicious link but you can still read it here. https://outline.com/Svf8kR

I agree with this. Most of ICO is purely scam and there are high risk. Their token price when listed in exchange is always under ico price.