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Topic: ICO Investor, don’t trust ICO listing sites! (Read 170 times)

full member
Activity: 500
Merit: 100
That was written so bright and clear, the things there are true, but we still can find independent websites which give us the real ranks. 
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
Don't be going about investing ICO that you have not researched into. That is a sure fire way for you to end up losing your money to scammers. ICO listing sites only list ICO projects that are ongoing and any one you end up picking is at your own discretion and risk and if you go about investing in them without doing research then that is your fault and not in any way the fault of the ICO listing site
The main problem is the majority of bad ico listing sites were putting fake rate to the scam icos. they are getting paid by listing shit ico scam to their sites and this is untorelable. So many people are getting fooled by them all caused by they are beliving about the rate that has been giving by the icolisting site itself.
full member
Activity: 273
Merit: 100
Don't be going about investing ICO that you have not researched into. That is a sure fire way for you to end up losing your money to scammers. ICO listing sites only list ICO projects that are ongoing and any one you end up picking is at your own discretion and risk and if you go about investing in them without doing research then that is your fault and not in any way the fault of the ICO listing site
member
Activity: 364
Merit: 10
Yeah, that was so bad, I have been scammed many times by ICOs, and I really was relying on the ICO listing in the internet, which turned out so worse.
sr. member
Activity: 756
Merit: 256
HEX: Longer pays better
I also don't think they're truthworthy as so many people still think. They can promote for every ICO project that willing to pay money for them, I feel these sites are the same like McAfee who often publish good ICO projects and coin to invest in. But I'm still curious that there are so many ICO listing sites but any of them is truthworthy? Or all of them are just telling a lie about ICO projects?
full member
Activity: 700
Merit: 105
APESWAP
Most ICO listing sites get paid or reach an agreement before listing an ICO there. Most times its misleading. I would advice anyone wanting to invest in any ICO to do their die diligence and research the project well enough before joining the ICO.
newbie
Activity: 69
Merit: 0
To be honest no one will help you to earn money. These sites do paid promotions.
So its better to do your home work and than invest. Everyone here is to earn. These sites earning by paid promotions Smiley
legendary
Activity: 3234
Merit: 1399
Join the world-leading crypto sportsbook NOW!
The author of the article is absolutely right. Maybe a year ago or a little more you could trust such sites and lists, but not now. Personally, I use these sites only to see new projects, and then I'll analyze it myself!
I don't even look at those websites. I think the main projects appear in discussions on this forum anyway and there's enough of them for analysis, so there's no need in additional data.
The article is probably right about the rates and stuff, I've seen ICOs buying views on youtube and followers on facebook, so it is not hard to suppose they would buy the rates as well. I was also asked to lead ANN threads or even pump those for money, as I am a Legendary member (I refused to do stuff like that, of course). Yet the article lacks some particular examples and proofs IMO.
newbie
Activity: 22
Merit: 0
Completely agree which is why everyone should thoroughly investigate before investing in ICOs. Who is on the whitepaper whats their history? Is what they are suggesting feasible? As with anything it is easy to be scammed and paid to do promotion for something, that's why i always suggest personal investigation
sr. member
Activity: 476
Merit: 250
On the websites of ICO-ratings you can really find new projects and get the first information about them. But I would use only top ratings as recommendations.
jr. member
Activity: 164
Merit: 3
Not to mention the huge amount these ICO listing sites charge from ICOs. Just crazy! One of the ICO I know just wasted $35k on ICOBench and got almost nothing in return.
member
Activity: 157
Merit: 13
You have a point. In order to make a good ICO analysis, ICO listings should also spend a lots of time studying each ICO. Even if they are honest and don't take any money for their ratings, I doubt they can afford to spend significant amount of time to make a good analysis of each ICO or hire a large enough team of analysts (developers, financial experts, economists, blockchain experts and etc) which can analyze many ICOs in parallel. The amount of new ICOs every day is much bigger then the real amount of ICOs which ICO listings can analyze thoroughly.

Their ratings shouldn't be taken as an undisputed true but rather as just a list or as an advertising. They can be used only as a good starting point for your own analysis and not more than that.
jr. member
Activity: 164
Merit: 3
With ICO listing sites, rating of ICOs are in hands of few people, which is dangerous for whole industry.
full member
Activity: 322
Merit: 100
it is very difficult to find a reliable ICO especially on the ICO list site. is just doing your own research that might be able to get the best information about the ICO so that we will not hesitate to invest.
full member
Activity: 294
Merit: 100
Tokenize Fantasy Sports
I think it should be "don't trust every ICO listing sites" cause IMO not all ICO listing sites are trash, I know all of them also received money to promote for ICO projects but I think there are still some ICO listing site is legit and truthworthy. I'm still using ICO listing site to find out good ICO project to invest in and it still work really good or maybe just because I'm a lucky man Cheesy
jr. member
Activity: 136
Merit: 1
Totally agree, i know most ICO have many rating from ICO rating, or summary information site. Most the team listed in their websites is project of them have 9.x point, five star and some think like that. But include with that, very ICO will come be scam  Cheesy
member
Activity: 266
Merit: 11
Good article. Most of the ICO review site gave good review score, after getting money from the those ICO. When I'm looking for investing in ICO, I search for several ICO sites and youtube. After shortlisting, then I do my own research. Only after that I'm investing on ICO. But this approach has some problem too. But I couldn't find any better approach yet.
full member
Activity: 364
Merit: 110
SPOKKZ
In this area, a lot of fraudulent sites have recently appeared, but there are many who can be trusted. Fraudsters put good marks on new projects for money. It's very bad that they give us false information and we can mistakenly invest in the scam.
jr. member
Activity: 518
Merit: 3
This is nothing but the fact. From experience, i have seen and participated in some projects listed in big ICO sites, because of the popularity of those sites, they gained attention from large audience. Their ICO became successful, but at the end the whole thing was a shamble. Most investors were at loss. It is high time these big ICO listing sites verified the genuineness of these ICO before listing them, because investors trust their sites. Else, they will totally loose their integrity.
jr. member
Activity: 164
Merit: 3
Well some ICO listing sites like walruscap and ICO Drops are helpful enough. Others only take some money to gain profit

Yes, if they just provide list of all ongoing ICO sales then it's good.

But when they start offering promoted posts or start rating ICOs, you should be skeptical.
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