Topic: Are ICOs scam? - page 8. (Read 5410 times)
some are scams, you've got to do in depth research on an ICO before risking your hard earned money.
I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.
There are lot of things to consider why an ICO fails but it does not mean it is a scam, so better research regarding the ICO you invested so you can conclude that you get scammed, but based on they had collected it is not a scam because they are supported by community and reaching $5-10 is not a joke.
Even if we suppose that all ICOs are legit, not more than 10% will be really successful. Buterin has recently confirmed it. But its really same as with startup industry
I believe some icos are scam but not all. Remember that icos want to generate money from there tokens, i dont know how they scam from this site but i believe that it can be done.
This is one of the few ways to raise funds to bypass banks. In many countries, interest rates for small businesses can reach 30 percent.
Please do not join an #Airdrop #Airdrops which needed you to sent some amount of eth to participate .. its a scam .ask for they contract address I bet they cant show you
take care guys theres a lot of ripper out there
if you one of the victim
you can report them by filling this form with evidence
https://docs.google.com/forms/d/e/1FAIpQLSf8vsYLkm8QA8il615yS0gqCNmWWfLArFM1o4-R5xmV-0fbYg/viewform?fbzx=-4224064424139077000
please share this
take care guys theres a lot of ripper out there
if you one of the victim
you can report them by filling this form with evidence
https://docs.google.com/forms/d/e/1FAIpQLSf8vsYLkm8QA8il615yS0gqCNmWWfLArFM1o4-R5xmV-0fbYg/viewform?fbzx=-4224064424139077000
please share this
Many ICOs will be scams, it is important that you take your time before investing to investigate properly the coin and the team surrounding it, ask others in the forum their opinions, if anything seems shady then don't commit your money.
Well some of them are. Even airdrops can be scams, so be careful. But if you're gonna invest money you should always do enough research to know if it's a scam or not, or at least if it seems legit.
I'm really lucky and i never was scammed, but could be if didn't start read this forum. I still believe we have no scam ico. I sure that confideal is exactly this case. But You need always check your ico and read as much information abt it as you can.
In my opinion describe of ur ICO looks good, but it could means nothing also.
In my opinion describe of ur ICO looks good, but it could means nothing also.
I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.
You didn't mention which ICO you joined. They gathered $5mln, then that's a good amount. Maybe it has got a good concept and potential and that's why people invested so much there. But yes, out of 100 ICO, I would say only 5 are good.
Not all are! Although be careful as there are some cons out there unfortunately. Research the team that are behind the white paper and see if they are credible. If the idea is solid then I would be contacting people involved to confirm my faith before investing.
Near 90% ICO create extremely strong incentives for the owners to exit without finishing their product or service. That is why people only hold Bitcoins.
I choose ICO and check it as many times as I can, to be sure that it is really good project to invest. Now I have one good that will start in November - confideal.
Most of the ICO projects are deceptive, but there are still a small number of ICO projects are high-quality projects, so the ICO market is still an opportunity
Not all ICOs are scam, but the risks are high, very high. But if you do a deep research before the investments, your actually can earn. But I'm tired of all this ICOs.
Don't be tired bro. Someday or sometime we will hit the lucky pot out there bearing the next big cryptocurrencies in this time.
For all the guys who answered my question. Thank you guys! As a beginner I have learned so much.
There are sure scams out there. but remember to research and due diligent checks for our own safety. And sure there are promising ICOs that are good for investments.
Yes that's true! not all ICOs are legit and paying especially this year that has more ICOs and has more airdrops. For me it is hard to find out of which one are true and scam just make sure to research their background and team behind the project.
In order to avoid scams, it is better to goose about it or check videos on YouTube. Ask on forums like this one and try to go with the famous ICOs only.
Not all ICOs are scam, but the risks are high, very high. But if you do a deep research before the investments, your actually can earn. But I'm tired of all this ICOs.
Are there any ICOs going currently that you believe are good investments?
Not all ICOs are scam, but the risks are high, very high. But if you do a deep research before the investments, your actually can earn. But I'm tired of all this ICOs.
Try to do a research before joining an ICO. Check the team if they look legitimate and the purpose of their project. The legitimate ones would not fail you, I am currently in a campaign called electroneum, this is a legitimate ICO and I am looking forward in the success of this project. About 90% of ICOs are scam, so be careful.
I believe that the total amount of money raised does not show that they have scammed or not. We must gather more information about Team, Purpose,...before invest.
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