Topic: Crazy ICO or Crazy Me? (Read 682 times)

Investing in an ICO is risky because you don't know the person or team at the receiving end. If you can risk participation in an ICO, then its cool for you but if you can't risk it then no need to invest a dime.

As far as I can see, now that ICO projects are successfully sold and traded on major trading sites, they are many times more expensive than ICO, so the current ICO the trend is very hot now. I understand that it is not easy to find a quality ICO project in thousands of projects today, which requires you to use a lot of knowledge and time to research and learn new ideas good ICO. Once you have chosen a good project, investing in it is great.

I am afraid you are right about the fact that they are a lot more scammers now than before, but I think the number of good ICO is about the same, just a lot more are trying to make money of nothing and increase the number of shaddy ICO.

If you think that you can be deceived when investing and buying ICO coins, then you have the option to buy bitcoin, ethereum, litecoin and other similar coins to hold for a long time.

To invest in ICO tou got to take your time to reaearch about the project,bookmark the project site copied from a reliable source like icobench,icodrop,token market, do not be in a hurry to invest,Do not follow the crowd,and the hype on social media,invest what you can afford to lose,ICO has raise lots of millionaire do not be afraid to take risk.

ICO have become very popular because of the opportunity to earn good money. This attracts not only new investors, but also scammers. So now there is so much scam in the ICO. So with you everything is in order.

One needs to read the whitepaper of an upcoming project/ICO thoroughly, after that you can decide whether its gonna be a good project or not, if the project try to solve a real problem it has a chance for great partnerships and a future, also one thing to remember is what the team looks like, the team is very important as they make the project come true, I'm gonna invest in Daneel.io and have high hopes for it.

I used icobench for research and analysis upcoming ICO's. I think is the best resource of ICO ratings. Some experts opinions often coincide with realuty. But even the best experts can make mistakes and come across scam projects
https://icobench.com/ico/tradove  It's was the project with good rating, but now but it turned out that there are many charges of fraud and the ICO closed
I do not know at what opinion I can rely on 

Just check everything - especially the need of token, whitepaper and team. If project doesn't actually need token - first red flag, team doesn't answer to the questions at all - second red flag, whitepaper doesn't sound good - third red flag. And don't forget that you need to diversify your funds - so no need to go all in

Most ICOs are indeed money grabbers, but some are really good. When I invest I tend to buy ones that will give me bonus token, but also only the ones that I am sure are going to have a future. When I bought both DIGI and Giftz I got a ton of bonus, which will help me make a profit even if the coin price drops a little bit.



I did, I was a little bit worried at first but now I am sure it was a solid investment. But don't take my word for it, please go to their website and read the whitepaper, read their news, blog posts, everything. Always get all information possible before investing.

Basically my experience a couple of months ago in a nutshell... ICO's, regardless of their advertisements, website designs, etc. may be scams but also may be very promising projects. It is difficult to differentiate the good from the bad with visuals. It is better to read a lot about their mission, idea of the project, whitepaper, etc. Additionally, it is a good idea to check the company behind each project - is it a credible one or it is some company of which nobody knows anything. Last but not least, check as many YouTube channels and online threads & discussions to form an objective opinion. Discern between the valuable criticism and the spam.
To answer your second question: Yes, I have invested in ICO's before and yes, I have made profit. I have invested in LiveEdu, Restart Energy, and Titanium. I'm currently getting familiarized with Cointed (CTD). Their whitepaper seems promising and the company behind the project has a trustworthy record - it partnered with Nvidia and TAS Group, which enables it to do green mining and to launch multiple ATMs all over Europe. Has anyone invested in them? I know for sure that a couple of friends have invested in it and are currently satisfied but I still need more proof, as investing in ICO's needs to be done in precaution.

I agree with this statement. Indeed, the mechanism of many ISO allows you to spend a lot of money in the absence of proper reporting and control. And these moments are sure to take advantage of scammers.

Now a huge number of projects that can take off or fall, I've chosen one project, I was very interested in PayPal's participation in it, albeit within the framework of one of the three startups selected for their nine month incubation program in Singapore. 

Yes, now there is a lot of fraud in the ICO. A lot of money attracts a lot of scammers. But this does not stop people, they continue to invest in ICO, because it can bring them very good profits.

that's what makes me hesitate to invest in ico, the various scam risks make me more hesitant.
I better buy etherum, clear and safe for etherum deposit to get profit.

what you mean "ico can become scam anytime"? if it is scam, it is scam... no illusions... I believe you were talking about problems related to low community... but this is the risk related to the ICO... If you invest on it, you must understand that hypes are created, and are not permannent 

Purchase ico when the pat pre-ico is good chance to get more discount, but i think it not worth because at that time the community still low. And because of that, the ico can become scam anytime.

I think, although there are many cryptocurrencies in the world currently but still investing in ICO might give better return within a short period of time. As per my experience, I had invested on an ICO 2 years back and got great return although I am not focusing on active investment, however, I have been researching on an upcoming ICO of highly secure cryptocurrency is called Gitalcoin.

I have found very impressive in terms of the future prospect.

I am sharing some information you might interested, please refer below

The Website link: https://gitalcoin.io/

Cost Per Coin Pre ICO: USD 0.5

They are mentioned that Monthly Interest Rate Up to 42%

The 1st year they are offering 10% per month which is quite good for ICO investors I guess.

I will get more information and post it accordingly.

Thanks for reading my thoughts.

I fully agree with your opinion.
Today there is a lot of excitement around the ICO. I want to see really good projects and not scam

I noticed that many projects making ICO turn out to be a scam. This is a thirst for easy money, of course this sphere will always attract fraudsters.
I think you can trust those projects that are built on the working business. And the more years this business worked before the ICO, the better