ICOs are a legit or Scam? - page 10.

judeafante

sr. member

Activity: 2254

Merit: 258

Quote from: bilman on September 25, 2017, 08:14:01 PM

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.

Even if the ICO is real and legit it doesn't guaranty success and profitability, it must be something that the community wants and can generate interest for the cryptocurrency community some of the ICO now is just imitation of the past ICO the failure rate of some ICO are very high now.

micairvas

full member

Activity: 303

Merit: 105

Use google. Try to find out about team members. Whether they were involved in any unsuccessful project. Carefully check all project documents. And save them.

Thomas-s

hero member

Activity: 1274

Merit: 500

Proof-of-Stake Blockchain Network

Investments in ICO are more profitable because you get more profit than with coins, but the risk is even higher because the company after the investment can be a Scam.

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Quote from: jcarlo on November 05, 2018, 07:51:20 PM

Quote from: adekogbe on November 05, 2018, 06:58:09 PM

ICOs are very tricky and extremely risky investments. This projects are mostly too technically inclined for the ordinary person to understand and sometimes it's on purpose in order to confuse people.
Most icos are far ahead of their time and will not have a real user case in the nearest time so I think it is best to invest in infrastructure projects as the great ones will be the future of the blockchain technology.

Its true that making investment in ICOs very high risk. But many good ICOs with good developers. ICOs market is like a jungle because no regulation can touch it and i think we need regulation to avoid scam ICOs

The only regulation that will prevent the scam ico of any country give a mandatory for every ico to be registered and verified by the regulator. But this is not effective because every country has its own regulation and if there was an ico that runs outside of the country that created regulation and then there will be no regulation to be applied on its ico

Ngewex Yuk

sr. member

Activity: 1190

Merit: 250

Quote from: Kemileye on November 05, 2018, 06:57:56 PM

There are both legit and scam ICOs in the crypto world. The responsibility of an investor is to check the authenticity of an ICO before the investor participate in it.

Nowadays it is too difficult to find legit ICO, most are scam because making coins or tokens is too easy, moreover code can be learned overnight, this is what makes us have to be vigilant in choosing good ICO.

guffie

full member

Activity: 546

Merit: 100

Investing in an ICO project certainly has risks and of course, we don't want to get a fraud project. The ICO project is a good opportunity because it can give us jobs. Therefore we must be careful when choosing an ICO project. We must do research such as checking website appearance, checking project developer teams and managers, and achieving token sales. And this, in my opinion, is a good step before determining the project.

U2018

jr. member

Activity: 68

Merit: 2

Ironically, the current ICO project has been difficult to tell the truth, because they have perfect white papers and detailed project introductions, but in the end they all disappear!

magowapatonce3

newbie

Activity: 2

Merit: 0

I think, here are many ICO's out there.But be cautious in picking a project.We may never know whether its a trick or not. It is by one way or another hazardous. Be that as it may, read on their string at that point watch out about their group and read about the undertaking as well.

daicavung

member

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The Protocol for the Audience Economy

Quote from: Lubang Bawah on November 05, 2018, 10:39:19 PM

2018 is a difficult year for ICO, this is because there are too many ICOs, even today there are more than 400 live ICOs, the number of ICOs certainly makes investors confused so ICO is difficult to reach softcap.

The ICO is still widespread in the cryptographic market, and I do not think that any ICO will ever be successful with capital mobilization, as investors are worried about the value of the coin. decrease when exchanged. But some good ICOs they do not need softcap, they have enough capital, maybe they raise capital to add and only promote their brand to the main investors.

briton

member

Activity: 504

Merit: 10

Of course there are legit and scam ico and you have to be able to learn about it so that you don't misstep, learn in detail until you really understand

Lubang Bawah

sr. member

Activity: 1358

Merit: 253

2018 is a difficult year for ICO, this is because there are too many ICOs, even today there are more than 400 live ICOs, the number of ICOs certainly makes investors confused so ICO is difficult to reach softcap.

LickKing

member

Activity: 420

Merit: 10

The legitimacy of the ICO has been constantly controversial, and the regulatory ICO will make the cryptocurrency lose its anonymity. Failure to regulate ICO fraud projects can harm many investors. This is a contradictory issue. The ICO will decline before the new technology arrives, and even the ICO will disappear in the future. The new way will be more popular with investors.

Thomson-Winter

newbie

Activity: 32

Merit: 0

Nowadays there are many ICO projects that are scams but not the whole, so we need to analyze carefully before deciding whether to join or not.

fuer44

sr. member

Activity: 1680

Merit: 262

one or more years ago, ico was very legit. both for bounty hunters or investors. the former ico, has a good exchange rate and always gets success at the end of the period so the bounty hunters get good rewards and investors also get good profits too. for now since the market down, ico also has an impact on the length of the launch process at the exchange marke so that it is detrimental to investors who have invested their money but cannot sell again because the token has not been launched on the market exchange. Current bounty hunters also have to be patient longer to wait for that.

jcarlo

member

Activity: 798

Merit: 10

Quote from: adekogbe on November 05, 2018, 06:58:09 PM

ICOs are very tricky and extremely risky investments. This projects are mostly too technically inclined for the ordinary person to understand and sometimes it's on purpose in order to confuse people.
Most icos are far ahead of their time and will not have a real user case in the nearest time so I think it is best to invest in infrastructure projects as the great ones will be the future of the blockchain technology.

Its true that making investment in ICOs very high risk. But many good ICOs with good developers. ICOs market is like a jungle because no regulation can touch it and i think we need regulation to avoid scam ICOs

adekogbe

member

Activity: 854

Merit: 21

ICOs are very tricky and extremely risky investments. This projects are mostly too technically inclined for the ordinary person to understand and sometimes it's on purpose in order to confuse people.
Most icos are far ahead of their time and will not have a real user case in the nearest time so I think it is best to invest in infrastructure projects as the great ones will be the future of the blockchain technology.

Kemileye

member

Activity: 573

Merit: 11

There are both legit and scam ICOs in the crypto world. The responsibility of an investor is to check the authenticity of an ICO before the investor participate in it.

Adreman23

full member

Activity: 1366

Merit: 107

SOL.BIOKRIPT.COM

Quote from: bilman on September 25, 2017, 08:14:01 PM

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.

Research and deep analyzation is a must. Dont dive to invest in any ICOs if you are not 100% sure that they are legit and the project is promising. Investigate all including small details about the company. be a wise investor.

barabarian1

sr. member

Activity: 938

Merit: 250

I myself am not too interested in making a long-term investment with an ico. but if I trade ico I still want to learn it. I am not interested in long-term investment with ico because most ico are just cheating, which in the end the exact price is just below. but if you trade daily with ico, there might still be a chance to get results.

MrSpasybo

member

Activity: 378

Merit: 19

ICO is better than IPO, it is legit, but scammer want to use it to make scam ^^
Just need to check project to join and be rich with crypto world!

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