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Topic: Don't go to ICO!i was cheated again! - page 10. (Read 3511 times)

member
Activity: 448
Merit: 15
August 09, 2018, 03:17:39 AM
Unfortunately 90% of the ICO projects are scam, 6% fails and only 4% hit exchanges and among this 4%, 90% are listed at lower ICO price. It's hard to choose in whic ICO take part.
newbie
Activity: 183
Merit: 0
August 09, 2018, 01:37:10 AM
I think your lack of thorough investigation leads to being cheated, or you do not have enough experience to buy the ico, pay attention to the development team, the route and the actual application of the project. Finally, whether the community's assessment of the project is good or not
member
Activity: 122
Merit: 10
Do what needs to be done.
August 09, 2018, 01:30:19 AM
Personally I tend to stay away from ICOs as if crypto is high risk investment ICOs are VERY high risk investment.

If you do research well (as much as possible) there is always chance for big bank in the process, but not always.

There are scam projects of course, man you can buy entire ICO setup for like few hundred USD and keep your own ICO launched if you want to go that route. ICO = startup with lot of frauds IMO. Nothing else.
sr. member
Activity: 2436
Merit: 343
August 09, 2018, 01:26:10 AM
Before going into any ICO you should do a lot of research first to verify or filter out the ICO that are good for investing and long term holding because some of the ICO are just hyped up and that creates a fast pump but in long term basis, it doesn't give them a great income since the hype was gone and the price is starting to fall down.
member
Activity: 154
Merit: 10
August 09, 2018, 12:55:58 AM
ico is good for investment,i think you should carefully read the project before joining bounty or before investment..
member
Activity: 700
Merit: 12
August 09, 2018, 12:25:50 AM
If you don't have any faith in the ICO better don't invest in the ICO because recently we have seen many scam ICO launching without any developments after raising the money. So it is always good to choose the right ICO for investing, otherwise, start investing in the potential coin in order to be in safe trading.
jr. member
Activity: 80
Merit: 1
August 08, 2018, 11:00:29 PM
I think you either had not made a good research before investing or where just hyped by others on investing into a scam coin. There's a huge risk in investing into ICO, but I think with the proper research you'd be safe. Don't just rely on review platform like icobench, icorating, and menlo. Also do an extensive research afterwards.
full member
Activity: 350
Merit: 100
August 08, 2018, 03:50:25 PM
Well I totally agree with you that the individuals need to begin doing there due dilligence on ventures before contributing, paying little mind to tricks I believe that alot of activities even great ones do advertise there ico's excessively and promise excessively however I don't imagine that is the issue I think the genuine issue isn't meeting the due dates for points of reference you set for your self as an undertaking and group and many individuals feel like they've been scamed or duped.
I believe that each undertaking that is justified, despite all the trouble's weight will set aside the opportunity to build up a completely utilitarian item they simply must speak the truth about it from the get go.
full member
Activity: 265
Merit: 100
August 08, 2018, 01:12:47 PM
You may not be lucky with this project but may be lucky with another project. It also depends on you for the ICO, how likely it is to develop or just spam.
full member
Activity: 504
Merit: 100
Bitgesell (BGL) Decentralized Cryptocurrency!
August 08, 2018, 12:07:41 AM
Please, be occurate choosing the right project for investment! I feel sorry for u. Did u analyse the mistakes u did? The next time u gotta check that point twice!
sr. member
Activity: 392
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
August 07, 2018, 07:03:59 PM
The risk of ico is quite large.you must be careful when you participate in ico.If you are not careful, you will lose all.
dx5
sr. member
Activity: 303
Merit: 251
August 07, 2018, 04:26:49 PM
I'm so upset recently! I took part in a project called VEGA at the beginning of the year! It's mainly for AI trading! But after ICO, there was no such thing as the second largest exchange they had ever said, and there was no progress in the so-called A project, and there was no one in the telegraph group to manage it. This project now seems to have no hope, so here I appeal to everyone, do not participate in ICO activities! Because there are so many liars! You can't tell which project is real!
 Embarrassed Embarrassed Embarrassed

I've kind of left ICOs behind. But there are still ways where to know whether an ICO is legit or not. For example the team and whether they have experience with the development of another coin, and thus a reputation. Such a reputation would tell you if you can trust them or not. If it's a new person in the field, then I wouldn't trust them.
newbie
Activity: 238
Merit: 0
August 07, 2018, 02:35:46 PM
It's just a reality, but you shouldn't be upset really, just take a closer look at other projects and for sure you will earn more in some project, more attempts - more chances to get what you want
newbie
Activity: 80
Merit: 0
August 07, 2018, 01:10:31 PM
Feel sorry for you bro,  but you ought to have done some extremely research about the ico you wanna invest in,  but I think generalizing all ico as scam is highly uncalled for,  if you had invested in some good project ICOs you wouldn't have generalized them as scam
full member
Activity: 658
Merit: 100
August 07, 2018, 12:17:32 PM
Well, don't judge all ICO just by 1 negative experience. Yes, that is truth that now is not the best period for ICOs in general but it is still a valid way to invest your money if you know how to work with ICOs in the right way.
it is very unfair to give a statement that all ICOs fail and scam. I agree with you. there are other things that must be done to avoid ico scam. this is an important part so ico gets better and you have the right to determine it yourself.
member
Activity: 392
Merit: 10
August 07, 2018, 12:03:11 AM
patiently, all investments do have risks, but not all ico are frauds as you accuse, if ico fails because of lack of interest from other investors, you cannot blame them, but I will continue to invest through ico with the experience I have
full member
Activity: 420
Merit: 100
August 06, 2018, 11:35:33 PM
i think ico is very good maybe it's just you who can't choose good ico so you are cheated like that, you have to be good at seeing ico, try you can see it on https://icobench.com/icos there is ico which is very good who has a rating above 4/5.
full member
Activity: 938
Merit: 137
August 06, 2018, 08:35:21 PM
I'm so upset recently! I took part in a project called VEGA at the beginning of the year! It's mainly for AI trading! But after ICO, there was no such thing as the second largest exchange they had ever said, and there was no progress in the so-called A project, and there was no one in the telegraph group to manage it. This project now seems to have no hope, so here I appeal to everyone, do not participate in ICO activities! Because there are so many liars! You can't tell which project is real!
 Embarrassed Embarrassed Embarrassed
Starting to participate in ICO projects as a participant in the ICO generosity campaign, we must be prepared that any of the ICO companies may not collect enough sum for the softcap, or simply be fraudulent. Yes, it's unpleasant, time, effort, and everything was wasted. However, tragedies of this do not. May be lucky next time.
In the future, the situation may change for the better. Perhaps the states, at last, will regulate the process of conducting ICO and fraud will disappear from this type of activity.
full member
Activity: 392
Merit: 101
August 06, 2018, 08:30:41 PM
For me no all ICO's are cheated even now a days some of ICO's now are scams I believe there are some of good ICO's now that telling the truth and I suggest before investing in any ICO you need to do a research about them for you to avoid scam and regret later that's why we need to be careful on that.
full member
Activity: 206
Merit: 100
“The Future of Security Tokens”
August 06, 2018, 02:34:25 PM
Well, don't judge all ICO just by 1 negative experience. Yes, that is truth that now is not the best period for ICOs in general but it is still a valid way to invest your money if you know how to work with ICOs in the right way.
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