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Topic: 3 kinds of ICOs — Protect yourself - page 8. (Read 13704 times)

full member
Activity: 392
Merit: 100
November 14, 2017, 07:11:16 AM
Its good to invest on any projects that have team pics display...
member
Activity: 200
Merit: 10
November 14, 2017, 05:20:26 AM
When you invest in ICO, search yourself all information about the team, the project.

The idea has to be realistic and applicable in the real world. There must be a MVP/prototype to see the comitment of the team because it is too easy to just make a website and write a whitepaper with just promises. Also a team with software engineers background is far better than a team composed mostly of advisors or managers...
full member
Activity: 476
Merit: 100
November 14, 2017, 05:17:25 AM
I know that this post will help many person who wants to invest their money to the ICO. We should be aware to what ICO we will investing for us to know whether it is scam or not. Knowledge is very important when we are investing our money in different ICO.
full member
Activity: 289
Merit: 103
November 14, 2017, 05:00:28 AM
90% of ICOs are scams
I will not accept these ahahahhaha because some ICO only search for fund raising for example and ..
ICO was getting their image broke because of those managers or one people who are a piece of shit that wants all the money of he/she wants
MANAGERS and people behind are those scumbag scammers hahahah and not ICO it is like politics politicians are the corrupt not the politics
full member
Activity: 728
Merit: 101
Bitcoin is the currency of this age
November 14, 2017, 03:56:37 AM
Investing into ICO require hardwork from the investor,this days where we have lots of ICO coming up daily,detailed research is require and an understanding about what they have to offer in the real world
member
Activity: 114
Merit: 10
November 14, 2017, 02:13:42 AM
ICO101 for a dummy newbie, like me  Grin

Can't exactly tell, what's right, or what's a crap.
full member
Activity: 350
Merit: 107
November 14, 2017, 12:34:34 AM
Nice thread.. This help me a lot to aware scam ICO.
full member
Activity: 238
Merit: 100
T H E G O L D E N I C O
November 14, 2017, 12:24:24 AM
Nice thread, and I've been listing this kinds of ICO also on my other research. But these ICOs that's going to listen their community until time that nobody cares and they're gonna abandoning it like just nothing happened.
They're showing their core team that nothing to do with their project.
SO, better make a good research about the ICOs that you're going to invest because not all of them they'll give you good fortune.
full member
Activity: 238
Merit: 100
November 13, 2017, 11:54:13 PM
Thanks for this wonderful guidelines. Everyone should get the opportunity to read this before putting his money in anything crypto related. This just makes sense from all angles. Again, thank you so much for sharing this with the community.
full member
Activity: 280
Merit: 100
November 13, 2017, 08:58:07 PM
I definitely still believe in ICOs. I guess you can say a fair amount don't succeed but you can't compare all cryptocurrencies against each other. Many cryptocurrencies serve a different purpose making accurate comparisons near impossible. You have to look over the ICOs business plan and their goal and if they already have a useful output and not just mere ideas. Often doing your research on any given ICO will give you a better idea of what you are getting into.
hero member
Activity: 737
Merit: 500
November 13, 2017, 06:07:33 AM
I won't invest in any ICO without a prototype. The risk of being scammed is well too high. How many ICO's don't even have a MVP ? More or less 90% ?

With a prototype, we can expect the team to manage and fully develop the product described in the whitepaper.

Before ICO's, every startup that encountered the success would have developed a high quality product. The product was tested by the public and now ?  Huh
Even project has beta product like KICKICO, AirToken, the price of token from these projects are also dump to below the ICO price until today.
Therefore, so difficult to know the potential and the power of the community in the ICO projects.
As long as the whale want to dump the price of ICO token, they can control and dump the price anyway.
sr. member
Activity: 560
Merit: 250
November 10, 2017, 01:19:59 PM
Thank you for taking time to compile this. I have to say, I do agree with you 100%. With all the scamming going around unchecked, one can't be too careful. I think its interesting that you mention that people need to look out for icos in certain countries. Personally if the ICO is based in Eastern Europe and India, my antenna are raised. If the whole team is from any of those countries, I bounce :-/

Hahaha, I never join or invest to an ICO. I also always doubt with ICO. All I know, all forms of investment that is on the internet is just a lie. Whatever it is, I guess it's just another form of HYIP and I do not like it. The only legit and sure investment is Bitcoin. We just buy the currency and wait until the price goes up, as easy and simple as that. But wait, do not get me wrong first.

I'm not saying that all the ICO's are fake. I've even got the news that there are people who can profit 10-fold from ICO in no time. That's a good thing because to be able to profit 10-fold, we have to wait a long time if we invest in Bitcoin.
Anyway, ICO is also the best way for small investors can get big profit. As you know, Bitcoin price is too high now. How can a small investor get x5, x10 profit from Bitcoin with $100 or $1000 budget? They have to choose ICOs.
No, they can choose make money and use that amount to buy Bitcoin. ICO is risky, this way not useful for newbie while they don't have enough knowledge and experience to take loss and avoid the scam project. There are many scam projects always want to rob money of newbie, why do they need to get more risk?
newbie
Activity: 75
Merit: 0
November 08, 2017, 06:20:26 PM
Scams would be happening on the Internet with or without ICOs

In some ways investing in ICOs are like gambling. Sometimes you win, sometimes you lose.

You might lose all your money in a scam ICO. But you might lose all your money in a completely legitimate ICO too, with a blue chip team and a fancy white paper.

Better to think of ICOs as gambling than to put your life savings in it. People can be smart about gambling, eg counting cards at Blackjack, studying form guides for horse racing, cheating at poker or rigging boxing matches...

There are many ICOs that might get classed as "scam" by the criteria in this thread, just because they are from new teams with a radical vision. I can guarantee that at least some of these will turn out to be hugely successful ICOs. Facebook was once a bunch of college dropouts smoking b*ngs...
full member
Activity: 546
Merit: 100
November 07, 2017, 11:32:06 AM
Wow. The author of the post has shared cool information with us. And here are the signs of an ICO-scammer:

- Lack of detailed information about the company's business;
- The company reports events that have not yet happened or are difficult to verify;
- The company's shares start growing rapidly at the same time with PR-activity;
- The company often changes its name, management or field of activity.
member
Activity: 340
Merit: 13
November 07, 2017, 05:56:28 AM
Thankyou for this very important information you have been given, atleast i know what kind of ico i will choose if my rank will be moving up. I read it from the start to finish.  Lets up this information.
sr. member
Activity: 365
Merit: 250
November 07, 2017, 05:51:10 AM
Thank you for taking time to compile this. I have to say, I do agree with you 100%. With all the scamming going around unchecked, one can't be too careful. I think its interesting that you mention that people need to look out for icos in certain countries. Personally if the ICO is based in Eastern Europe and India, my antenna are raised. If the whole team is from any of those countries, I bounce :-/

Hahaha, I never join or invest to an ICO. I also always doubt with ICO. All I know, all forms of investment that is on the internet is just a lie. Whatever it is, I guess it's just another form of HYIP and I do not like it. The only legit and sure investment is Bitcoin. We just buy the currency and wait until the price goes up, as easy and simple as that. But wait, do not get me wrong first.

I'm not saying that all the ICO's are fake. I've even got the news that there are people who can profit 10-fold from ICO in no time. That's a good thing because to be able to profit 10-fold, we have to wait a long time if we invest in Bitcoin.
Anyway, ICO is also the best way for small investors can get big profit. As you know, Bitcoin price is too high now. How can a small investor get x5, x10 profit from Bitcoin with $100 or $1000 budget? They have to choose ICOs.
member
Activity: 200
Merit: 10
November 07, 2017, 05:23:37 AM
I won't invest in any ICO without a prototype. The risk of being scammed is well too high. How many ICO's don't even have a MVP ? More or less 90% ?

With a prototype, we can expect the team to manage and fully develop the product described in the whitepaper.

Before ICO's, every startup that encountered the success would have developed a high quality product. The product was tested by the public and now ?  Huh
full member
Activity: 294
Merit: 114
November 07, 2017, 05:12:30 AM
Thank you for taking time to compile this. I have to say, I do agree with you 100%. With all the scamming going around unchecked, one can't be too careful. I think its interesting that you mention that people need to look out for icos in certain countries. Personally if the ICO is based in Eastern Europe and India, my antenna are raised. If the whole team is from any of those countries, I bounce :-/

Hahaha, I never join or invest to an ICO. I also always doubt with ICO. All I know, all forms of investment that is on the internet is just a lie. Whatever it is, I guess it's just another form of HYIP and I do not like it. The only legit and sure investment is Bitcoin. We just buy the currency and wait until the price goes up, as easy and simple as that. But wait, do not get me wrong first.

I'm not saying that all the ICO's are fake. I've even got the news that there are people who can profit 10-fold from ICO in no time. That's a good thing because to be able to profit 10-fold, we have to wait a long time if we invest in Bitcoin.
full member
Activity: 378
Merit: 101
November 07, 2017, 04:48:07 AM
Thank you for taking time to compile this. I have to say, I do agree with you 100%. With all the scamming going around unchecked, one can't be too careful. I think its interesting that you mention that people need to look out for icos in certain countries. Personally if the ICO is based in Eastern Europe and India, my antenna are raised. If the whole team is from any of those countries, I bounce :-/
member
Activity: 224
Merit: 12
November 07, 2017, 03:36:12 AM
nice thread bro,very informative.All we need to do is search search and search.
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