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Topic: 80% of ICOs are Scams - page 4. (Read 12213 times)

member
Activity: 392
Merit: 11
October 30, 2018, 03:39:14 AM
ICO is funding eventorganized by different project to initiate a course of pursuing an ideal, developing a service or creating a product! As it is with all start up, not all project will get the required funding or go on to be successful!
Yes, there are now a lot of fraudulent ICO projects, they are constantly doing negative news to scam the newbies, but now not only beginners cheated but also old ones are still experienced So I think that today's market is not easy for us to make a profit from investing in ICO
newbie
Activity: 8
Merit: 0
October 30, 2018, 03:22:10 AM
In my opinion,long term investment is advisable but must be done avoiding greed so as not to loose you profit made overtime as a result of fluctuation, an example is what we experienced recently and we are still experiencing. Some who did not dispose their investment that yielded so much when the price of BTC & altcoin was high are now regretting not selling when it was dropping. So long term is good but with wisdom.
full member
Activity: 504
Merit: 100
The Standard Protocol - Solving Inflation
October 29, 2018, 12:32:41 PM
ICO is funding eventorganized by different project to initiate a course of pursuing an ideal, developing a service or creating a product! As it is with all start up, not all project will get the required funding or go on to be successful!
hero member
Activity: 1470
Merit: 504
October 29, 2018, 05:47:54 AM
Well now most of the projects just do not raise funds, and of course most of just a Scam and closed , but if a good project I think you will see it from far away
nowadays many projeck are scam and deceptive. there are many people who feel or are deceived by most of the projects that only aim for the sake of the team itself
member
Activity: 420
Merit: 50
October 29, 2018, 05:45:01 AM
It is happening due to the current market conditions. They are not scam, they are just suffering from the lack of investors, because no ICO can guarantee you big profit on such a market. Wait for the next bull run and every ICO will collect its hard cap.
Maybe, but mostly of ICO were already put on the exchange are hard to get up from the hard fork it most likely a scammed especially when a token has been put on the yobit exchange. Its only rare ICO project were totally survived from the bearsih market.
jr. member
Activity: 154
Merit: 1
October 29, 2018, 05:40:24 AM
I agree with this statement. Now really most of the ICO, it's scammers, or unpromising projects. And now, to choose a good company, you need to carefully check everything. This year was not the best for the ICO, but I hope that next year everything will change.
newbie
Activity: 10
Merit: 0
October 29, 2018, 05:22:46 AM
Well the only reason about doing some long term investment is to gain larger and steady profits. And I suggest if you are doing long term investments, you should invest on Bitcoin or Ethereum because I believe that these to will rise up again by the end of this year 2018.
member
Activity: 252
Merit: 10
October 29, 2018, 05:18:05 AM
It is happening due to the current market conditions. They are not scam, they are just suffering from the lack of investors, because no ICO can guarantee you big profit on such a market. Wait for the next bull run and every ICO will collect its hard cap.
full member
Activity: 924
Merit: 106
homt.net
October 29, 2018, 04:55:51 AM
I do not think that so many ICOs are scam, but if you look at past ICOs you will see that almost every ICO lost about 95% of its ICO value. Not because most of them are scam, but because they are still working on a product and thanks to bear market we have sales!
member
Activity: 420
Merit: 10
October 28, 2018, 04:39:13 PM
Well now most of the projects just do not raise funds, and of course most of just a Scam and closed , but if a good project I think you will see it from far away
member
Activity: 107
Merit: 10
Justice as a Service Infrastructure
October 28, 2018, 04:38:37 PM
It is not surprising. Swindlers manage many projects. Already got used to it. Strict regulation is necessary. Bad projects are not necessary.
newbie
Activity: 97
Merit: 0
October 28, 2018, 04:32:16 PM
Did anyone here ever consider looking into SEC Reg. CF companies? You remove about 99% of the scams right there!

The only ICO's you have to worry about are those that aren't regulated.
member
Activity: 172
Merit: 10
Justice as a Service Infrastructure
October 28, 2018, 04:25:52 PM
It seems to me that not 80% and even are skamy more. And with it you will make nothing. Any projects can't just raise money for development, and some aren't going to develop further at all, only raise money to themselves in a pocket.
hero member
Activity: 1204
Merit: 518
October 28, 2018, 04:24:54 PM
90% of ICOs are scammers at the moment. The cryptocurrency market is fading away and ICOs cannot raise capital. It is very difficult for me to find a good project now.
newbie
Activity: 97
Merit: 0
October 28, 2018, 04:17:26 PM
Also investing in bitcoin and wait for long will surely give you a high amount of profit.

Another BTC groupie.

"Investing" in Bitcoin means gambling on something that has no value but you hope that someday there will be somebody who will pay you more for it. At various times, this has taken the form of tulip bulbs or coconut shells.

If you hold BTC long enough, you may just as well find it to be worthless.

I do like tulips, though. So in that respect, they may be worth more than a bitcoin.   
newbie
Activity: 5
Merit: 0
October 28, 2018, 04:07:04 PM
Also investing in bitcoin and wait for long will surely give you a high amount of profit.
copper member
Activity: 56
Merit: 0
https://temco.io
October 28, 2018, 04:06:58 PM
I think less than 80%. somewhere between 60-70%. Again, the statistics do not stand still. But still want to see not Scam projects.
newbie
Activity: 11
Merit: 0
October 28, 2018, 04:05:24 PM
Because I tend to make huge profits from it, as the coin grows, as long as the coin invested is stable and has good potential, the profit will increase.
jr. member
Activity: 1288
Merit: 7
October 28, 2018, 03:24:27 PM
It is very important now to carefully examine ICOs before participating. While ICOs might have good intention to succeed, the project might fail on the long run. It is really difficult to discern a good and viable ICO from a fake/spam ICO. I think the project promoters profile can help determine how serious/promising a project can be. In fact extensive research is required. Exercising patience to examine the project is very important. At the end, it will pay off because money is involved.
jr. member
Activity: 126
Merit: 1
October 25, 2018, 01:47:03 PM
Yes, now most of the projects that have a lot of problems with fees, and a lot of projects that have a lot of scams, it is necessary to invest with caution, especially now the market
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