Topic: how to ignore scam icos ? - page 3. (Read 452 times)
It is easy to ignore scam ICO in the future all you have to do is research and study about there coins and the team back up of that platform and if you see that there platform is not promising and full of anominity then you have to begin to suspect that kind of platform and ignore it usualy that is scam.
Actually its hard to recognize real ico for nowadays even the one you think is best ico turn out to be scam my only advice is aside from reading all info of one ico just be wise on investing, for it is totally risky so just invest fair amount and spend it on different ico dont invest all your funds on one ico only.
Nowadays its a bit hard to spot the scam ICOs because the people behind it are expert on how to deceive people and on how their project looks like a legit one.
To avoid this to happen be a responsible investor by checking the team behind it, there should be transparency and its an advantage if one of them is a reputable person. Also check their website, read the white paper and their roadmap.
Follow their social accounts to know the latest progress and plan, its also important to know their marketing stategy for their project. Be careful when investing and dont trust easily by their promise of guaranteed profit.
To avoid this to happen be a responsible investor by checking the team behind it, there should be transparency and its an advantage if one of them is a reputable person. Also check their website, read the white paper and their roadmap.
Follow their social accounts to know the latest progress and plan, its also important to know their marketing stategy for their project. Be careful when investing and dont trust easily by their promise of guaranteed profit.
icos are good way to invest but there so many scam as well how to recognise the scam icos ?
Honestly it's not easy to know if the ICO projects are scam, actually before I joined in ICO projects I will do some research about the project, their platforms, the team behind the project, and the partnership. I'm a lucky because the projects that I participate are not scam. icos are good way to invest but there so many scam as well how to recognise the scam icos ?
In able to recognize scam ICOS and legit ICOS.
If you wanna recognize LEGIT ICO. First is You need to know what it is trying to do and you should be able to say it in one sentence. For ex: XYOnetwork is the first proof-of-location blockchain that enables us to track things whenever it is around the world in real time.
IF you are having a hard time figuring out what is the purpose of a coin THEN it probably is a Scam coin. Or something complicated coin that you don't wanna invest in. Because i believe a good company really needs to make it simple in able for the community to understand immediately what they are trying to do or accomplish the moment you get into their website.
That's it.. Have a nice day and always try to learn something new everyday !
It is necessary to determine the idea of the company, to evaluate the popularity (popular projects are rarely crooks) and, of course, to study the team.
If you are talking in respect to the bounty campaigns, then you can simply avoid participating in their campaigns so that later on you are not accused of promoting a ponzi scheme. The real challenge lies in identifying such scam campaigns and that needs an eagle eye vision to be done. Over the time when you gain enough experience, you would automatically learn the art of distinguishing scam from a genuine ico.
In my opinion, 50% of ICO posted on bounty section are scam and 30% will fail and 20% only will succeed. Knowing how legitimate they is there website, transparency and the advisors. These are long read my friend
icos are good way to invest but there so many scam as well how to recognise the scam icos ?
Before investing in any ICO do the proper homework, make a good research about the project and team, if the team based on known persons with good track record then go ahead but if there is any chance of scam team just avoid it.
just do not answer their messages and immediately block, so you will ignore them.
I think the only way to ignore or to know that this ICO is a scam is by researching about the project and the team itself that produce and develop the project. ICObench is one of the good websites to let you know that the ICO is a good one or a bad one and helps you to determine whether it's a scam or not. Whitepaper is also a good one, it can be noticeably that the team is good or not.
icos are good way to invest but there so many scam as well how to recognise the scam icos ?
Hello SIR, I think it depends on your experience. If you really want to get huge benefits from ico, I'm very difficult, because the scammers are everywhere. If the team is in your country, you can go directly to their company and know the situation directly. I don't think it is safe to look for information from the Internet. Seeing the real thing with your own eyes icos are good way to invest but there so many scam as well how to recognise the scam icos ?
Through reading whitepaper you will notice if the ICO is legitimate and they are on track based on the timeframe or roadmap. Also, you need to know the team structure and/or they willing to communicate regarding the consistent information about the project. There are many ways to know the ICO legitimacy. It depends on you how applies. In my suggestion to get consistent and accurate information about the ICO. Conduct own research and study about it before you engage.
icos are good way to invest but there so many scam as well how to recognise the scam icos ?
You can find a lot of tips in this forum.Look carefully and don't be fast)
It's hard to do that. But you can do your own research read the whitepaper, Find their team members are real, Search that ICO on rating sites like icobench, Ask from experts and more.
Its hard to do that because uts hard to us to fibd out which is the scam among the ico. But we must be alert abour scans for us to be safe
It's hard to do that. But you can do your own research read the whitepaper, Find their team members are real, Search that ICO on rating sites like icobench, Ask from experts and more.
icos are good way to invest but there so many scam as well how to recognise the scam icos ?
If you are so worried about investing in icos and you do not want to be scammed then it could be a good idea to avoid them for a while, invest in some of the most solid altcoins in the market, then when you get more experience and you are capable to tell more easily what it is a scam and what it is not then you can begin to invest in icos. 
Sometimes you really can’t tell if an ICO is a scam, you won’t really know if it is legit or not. You must make further research on the specific ICO. You can check first the campaign manager if it is trusted and reliable first, then check the whitepaper because you will know more about the project and their technology they are offering. You may consider the team behind the project if they have a good background for being successful. In that way, you will lessen the risk and have a great chance of success.
here in our forum, its hard to find which ICO's are legit or not, most of them are truly scam, 90% of ICO now are simply scam and its very difficult to avoid them, for me, even a the very best ICO campaign will soon to scam us if they want, but theyre 10% left for those ICO that worth to invest. here some tips to avoid ICO scam, but not 100% working. first look if the ICO has a good white paper and you can see how projects works or how they earn, second if they have a good website that indicates all the information about their project, you can see it your self if the website is simple or rich in features. third social media accounts has 5k-10k followers and active about updating whats happening on their projects or platform. fourth an active community that has 5k-10k members on either telegram or other channel platform that can communicate the devs and the investors. and last investigate.
icos are good way to invest but there so many scam as well how to recognise the scam icos ?
These people are making it hard for us to discern what is real and what are scam ICO, in my case, I sometimes spend 2 to 3 days to search the right one ICO to invest and promote, they are good when it comes to imitating the right one because they have money to spend.
Jump to: