ICO and its risk, research properly | Bitcointalksearch.org

TopT3ns

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Quote from: lienfaye on June 11, 2021, 08:46:41 AM

This advice is good but not timely, well ICO is quite popular but this happened few years ago. Currently the popularity is not the same as before due to many scam ICO resulting to lost of interest of many investors. I remember 2017 is the year wherein ICO is really popular and many projects are legit thus investing is really profitable. But it didnt last long, more projects turning scam or unable to reach their target funds resulting to failure.

Anyway, even on other opportunities becoming popular, its a must that we do a research to know what we're getting into. Its better to fill our minds with knowledge to be aware of what to expect.

of course we all have to take a deeper look at the projects they are developing and look at the team behind it so it will be clear that the project has the potential to become expensive or not, and of course by doing a search you can find out if it's a scam or not.

lkjhg

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Quote from: Reosta_ on June 10, 2021, 06:55:19 PM

I agree. It is absolutely important to do a strong research about an ICO before participating in it. We've seen so many scam projects so far in the end. Noone would like to come across them.

Yes, but you also need to know that current ICOs are no longer in demand by investors, so you also don't need to spend a lot of time researching ICOs that may no longer be useful now.

ICOs are outdated, because many choose to follow IEOs and IDOs, yes because these systems are very safe and convenient, oh yes,
one thing you should know that if you follow IEOs and IDOs make sure to follow the best exchanges, such as pancakeswap or Binance

BuNga_cute

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Quote from: samcrypto on June 11, 2021, 04:46:37 PM

Quote from: albon on June 11, 2021, 02:40:20 PM

I think that the era of ICO projects has ended and investors are no longer attracted to it due to its risks and the large number of scam projects that collected investors' money and then stole them, it is better if you are not professional in examining the ICO projects to invest your money in old projects whose currencies are listed in the markets.

I don't think so because there's still an ICO and some of them still succeed on raising funds, I guess it will still depend on the project itself and ICO is just a way to raise funds not the real scam. There's always risk if you are going to invest on a new project without any product or services yet, so don't think that IEO, IDO or any kind of way to raise fund didn't produce any scam project, scammers are every where so we should really do our own research.

I agree scams can happen anywhere, so not all ICOs are bad, it all depends on how we do research and analysis when choosing a good ICO.
There are still some ICOs that I find profitable for investment, because the developer team is very active and promotes well. And the ICO was
successfully listed on popular exchanges, so don't judge badly first against the ICO, before we actually do research and analysis on the ICO.

sulendra12

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Quote from: cryptoaddictchie on June 10, 2021, 09:50:06 PM

Quote from: sulendra12 on June 10, 2021, 07:20:56 PM

But, isn't that a reason why they are "hunters"? They have to hunt the legit projects to actually get the money, so if you think that hunters are the one that the most unfortunate amongst those choice, then you are wrong.

I agree. Traders and risk takers are the one at prone to scam since they are investing real money and chances of failure due to price down or rug is a possibility but in the case of hunters, the only thing that loses is their time and effort for promotions. Yes its also important but if we compared that to the loss of money, isnt it much painful right?

Correct, that's what I'm saying.

Most of the time, hunters are crying louder more than traders/investors. But, they are literally just losing the time when they promoting stuff. But, compared to losing money from the investors, those hunters are just nothing compared to those investors and have their ego checked.

Quote from: Expecto on June 11, 2021, 06:07:45 PM

The ICO market always contains some risks. Therefore it is very important to do a proper research like you indicated. We shouldn't trust any projects blindly before making sure about them. Of course, we can still have doubts after even doing the research. But we will have a clearer thought that's for sure.

ICO is pretty much dead anyway. It's been exploited for scammers to get some quick easy money.
Although someone said ICO/IEO/STO are just another type of crowdfund system, but still some of them are just pointless to run for the developers.

Expecto

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The ICO market always contains some risks. Therefore it is very important to do a proper research like you indicated. We shouldn't trust any projects blindly before making sure about them. Of course, we can still have doubts after even doing the research. But we will have a clearer thought that's for sure.

kawetsriyanto

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Did you still care about ICO? Now, ICO is still here, yeah. But many know that ICO is no longer interesting to reach the fundraising or even selling the token.
Moreover, it is now about IEO, DeFi, NFT.
The concept will be always developing, no matter what and we must be going to follow the development and changes.
We know that ICO has many weaknesses, especially about scam projects and also failed projects in both raising the token sale or even listing on exchanges. Many ICO projects are failed to enter the top market and end up as shitcoins.

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Quote from: Shallow on June 11, 2021, 01:07:07 PM

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In my own opinion, I think ICOs have lost it in all entirety rather IEO and IDO is the main thing now; in the case of IEO it makes sense going for those on top exchanges like Binance, at least to an extent one will be sure there won't be exit scam. Nowadays there are IDOs on decentralized exchanges which is also making huge impacts so far it is handled by prominent IDO platforms.
So in all ramifications, ICO is kind of gone, and it's better going with what's in play which is IEO and IDO.

from this we know that market trends change frequently. ICOs were very booming in 2017, many projects were successful at that time, even shitprojects could make big profits even if it was only in the blink of an eye. then scammers appear, market confidence decreases, moreover the market becomes saturated so the charm of the ICO fades. Then comes the trend of IEO and IDO, with scenarios of attracting investors by giving confidence that their coins are listed on the exchange, and yes... trusted global exchanges are the only guarantees of profit rather than just trusting in unclear exchanges.
ICOs, IEOs, IDOs, and the like have their respective advantages and disadvantages, all of which were popular in their time, we just need to adapt by understanding the risks, so we can anticipate the worst risks. what is clear, the principle of investment should not be forgotten, we must do an in-depth analysis before joining any project.

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Quote from: albon on June 11, 2021, 02:40:20 PM

I think that the era of ICO projects has ended and investors are no longer attracted to it due to its risks and the large number of scam projects that collected investors' money and then stole them, it is better if you are not professional in examining the ICO projects to invest your money in old projects whose currencies are listed in the markets.

I don't think so because there's still an ICO and some of them still succeed on raising funds, I guess it will still depend on the project itself and ICO is just a way to raise funds not the real scam. There's always risk if you are going to invest on a new project without any product or services yet, so don't think that IEO, IDO or any kind of way to raise fund didn't produce any scam project, scammers are every where so we should really do our own research.

sunny28

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When absolutely all coins are growing on the market, there are no special risks, because almost every ICO will have at least a little bit of a popular project.

But when there is a bearish trend in the market, you need to carefully select the projects in which you want to participate in the ICO. Since this is an investment, there will always be risks.

isaac_clarke22

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Kinda barely recall already when was the last ICO launched.
They were booming and slightly declining back in 2017. I even recall a lot of discussion in here that many ICOs are scams and that the trust of investor just went poof because of it.
Then another trend came up, and that we call IEOs.

albon

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I think that the era of ICO projects has ended and investors are no longer attracted to it due to its risks and the large number of scam projects that collected investors' money and then stole them, it is better if you are not professional in examining the ICO projects to invest your money in old projects whose currencies are listed in the markets.

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Crypto becomes a bubble for many people. New investors just saw a youtube video about a crypto project and they throw full portfolios in those projects without knowing where they actually put their money into. The only fundamentally strong project has a bright future in crypto. So do proper research before investing in any ico or IEO in a launchpad.

CaptainCrapper

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Recent I see lots of project taking capital from investor then they are going to under ground.so it's very patatic for small and ordinary investors.

Shallow

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This is a very nice piece of information as I find it rich with enough guidelines to direct people who wish to venture into ICOs, but however I believe for a long time now, little to nothing have been heard of ICO, in fact I can't remember the last time anything was said about ICO or people running after them, all because of the painful past of ICOs.
In my own opinion, I think ICOs have lost it in all entirety rather IEO and IDO is the main thing now; in the case of IEO it makes sense going for those on top exchanges like Binance, at least to an extent one will be sure there won't be exit scam. Nowadays there are IDOs on decentralized exchanges which is also making huge impacts so far it is handled by prominent IDO platforms.
So in all ramifications, ICO is kind of gone, and it's better going with what's in play which is IEO and IDO.

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Quote from: devil2man on June 11, 2021, 11:43:49 AM

any fundraising, investment is risky for any investors even if proposed (investments) by teams or trusted people something along the way can always go wrong, that the minimum investment required is not reached or the project fails or any coin does not meet the interest of the market, perhaps it is better to invest in the ieo that in some way are guaranteed by the exchanges

If you purchase on ICO of a legit company, You should not worry if they didn't meet minimum amount of investors because there's a refund which is indicated on there license to do ICO. The only risk on ICO was if the project is a scam because you don't have any means to retrieve your funds since there is no legal documents binding you to the team.

devil2man

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any fundraising, investment is risky for any investors even if proposed (investments) by teams or trusted people something along the way can always go wrong, that the minimum investment required is not reached or the project fails or any coin does not meet the interest of the market, perhaps it is better to invest in the ieo that in some way are guaranteed by the exchanges

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Quote from: junkerr on June 11, 2021, 09:18:11 AM

Quote from: ILuckyGuyI on June 11, 2021, 08:47:20 AM

Quote from: palle11 on May 26, 2021, 06:38:57 AM

3. If it has the support of a reputable user on the forum: At least the user know that they will be legit before supporting them because of reputation.

This is one of the biggest factors for me to decide when I want to join a campaign or an ICO. If that project has the support of a well-known user on the forum, then I start trusting the project much more than before.

it's true, most projects supported by famous people in forums with good popularity can be considered. even that is what is often used as a measure for many members like us.
support from famous people as well as support from partners will greatly affect the ICO project. they provide greater confidence.

but many ICOs have provided comfort for investors and suddenly became a scam after a few months,
there are many projects like that here, we don't know what the future of the project will be,
ICO investment is also very risky in my opinion, there is no guarantee you can win profit, be wise and don't be too rash

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Quote from: ILuckyGuyI on June 11, 2021, 08:47:20 AM

Quote from: palle11 on May 26, 2021, 06:38:57 AM

3. If it has the support of a reputable user on the forum: At least the user know that they will be legit before supporting them because of reputation.

This is one of the biggest factors for me to decide when I want to join a campaign or an ICO. If that project has the support of a well-known user on the forum, then I start trusting the project much more than before.

it's true, most projects supported by famous people in forums with good popularity can be considered. even that is what is often used as a measure for many members like us.
support from famous people as well as support from partners will greatly affect the ICO project. they provide greater confidence.

Jackl87

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Quote from: palle11 on May 26, 2021, 06:38:57 AM

ICO is acronym for Initial Coin Offer, it is also like the public companies call Initial Public Offer (IPO). Just as it is to raise capital for the company for its operations, it is for crypto the same thing alike. The difference however is that you can see the public company, visit them or make enquiry about them from regulatory bodies and most times the government won't allow them to scam the people. It is more secured compared to ICO.

ICO is quite riskier to invest on because it is less regulated and that is why it easily scam you off your money. This is the reason you need to be careful and research more.

Even if you do your work and research the project of an ICO, the team Members and all that other stuff there is still a chance that you lose your funds. I for example investend in the ICO of DimCoin back in 2017 like a lot of others too i think they raised like 14M $ or something because the project and the Team looked solid. Then only a few weeks after the ICO the CEO resigned and since then everything went downwards and that coin is dead which makes it a 100% loss for most of the investors.

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Quote from: palle11 on May 26, 2021, 06:38:57 AM

3. If it has the support of a reputable user on the forum: At least the user know that they will be legit before supporting them because of reputation.

This is one of the biggest factors for me to decide when I want to join a campaign or an ICO. If that project has the support of a well-known user on the forum, then I start trusting the project much more than before.

Topic: ICO and its risk, research properly (Read 434 times)