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Topic: ICOs are a legit or Scam? - page 66. (Read 32174 times)

full member
Activity: 218
Merit: 101
Blockchain with solar energy
January 16, 2018, 11:00:48 PM
Its hard to differentiate ICO scams and the legit ones. Well, I think that most of the ICO's out there were legit, you just need to do some research before investing to one. Read the whitepaper,  the road map, and join their community, you can also find a lot of ICO reviews out there on the internet. In order to prevent a loss of money, we must be smarter than those scammers, choose carefully to have a good fortune.
newbie
Activity: 34
Merit: 0
January 16, 2018, 10:56:05 PM
Chase hot ico is a good way.
by the way ico listed in icodrop is safe to buy.
full member
Activity: 322
Merit: 102
January 16, 2018, 10:54:11 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.

Basically there a lot of ICOs made by their creators, of course, to benefit them and earn. Most of the ICOs as well are scams definitely that's why giving extra caution to which ICOs to choose and join is a must. Having a thorough research about these ICOs could give you a better idea if they are a scam or not. You can look at their development team's portfolio, their whitepaper and road-map to ensure that they are legit. Then, from there you decide. Read also from different forums or website that exchanges knowledge about cryptocurrencies.
member
Activity: 490
Merit: 11
January 16, 2018, 10:48:13 PM
some legit, some scam
just do some understanding about the size of the community, the facts brought and the validity of data presented to investors.
a meticulous investor, will be right in making his choice
jr. member
Activity: 38
Merit: 10
January 16, 2018, 10:46:53 PM
It depends. Some are scams and some are legit. There's no surefire way to know but sometimes the signs of a scammy ICO is as bright as day. Just be sure to do your research as much as you can, and see what people have to say about the ICO.

Just be sure to do enough research that you'll be able to decide for yourself and not someone else's opinion.
member
Activity: 129
Merit: 10
RedTube & Rasputin Party Mansion
January 16, 2018, 08:08:38 PM
ICO is just a new method to start a business; people make it legit or scam: if there is a real value, a good project and a competent management, results are good.
Of course, if you just want to steal money from people, well... of course it's a scam.
member
Activity: 115
Merit: 10
January 16, 2018, 07:31:07 PM
there are many ICO's that are legit buth there are also some who are scam. So I think that you need to conduct research first before trusting in an ICO. You need to consider the team the goal the function and the strategy of the ICO that you want to join in order not to be scammed.
Yaeh, I agree with this point of view. Nobody will tell you for sure that this ICO is true and this ICO is a scam. If you want to make a profit, than you should do such researches by yourself.


We can't say that all ICOs are legit or scam but we are sure that there are some legit and scam. We can't say what is it but we should have to make sure that we can't be a victim for all of that. So that we can't encounter being scammed.
member
Activity: 84
Merit: 10
January 16, 2018, 07:16:52 PM
there are many ICO's that are legit buth there are also some who are scam. So I think that you need to conduct research first before trusting in an ICO. You need to consider the team the goal the function and the strategy of the ICO that you want to join in order not to be scammed.
Yaeh, I agree with this point of view. Nobody will tell you for sure that this ICO is true and this ICO is a scam. If you want to make a profit, than you should do such researches by yourself.
newbie
Activity: 94
Merit: 0
January 16, 2018, 07:00:07 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.

There are some ICOs are scam. BUT however, It doesn't mean that all ICOs are scam. There are ICOs that are legit. Like The electroneum when it is still and ICOs. They stop because there are technical difficulties but look now. How the price of ETN in the market improved. Many are amazed
full member
Activity: 139
Merit: 100
January 16, 2018, 06:32:20 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.

You will listen to answers like "99% are scams because ..." 100% of people who say such shits have done ZERO research and just repeating bullshit of other people. This is a fact!

ICOs are NOT scams, is the new way of doing business, if you as investor invest to a shitty project with shitty team and whitepaper, then is your mistake!
We have very good examples of good ICOs Steemit , Siacoin, NEO and the list is getting is growing by day with ICO that develop products.
ICOs is a new thing that just started, do not expect every project to be successful, is your responsibility to choose the right one.

The real scams are all the coins like Bitcoin, which are empty tokens and nothing more! ICO are not the scams, are the real investments and coins like bitcoin , dash , Litecoin etc are the scams and the worthless
full member
Activity: 445
Merit: 100
January 16, 2018, 06:23:29 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.
There are some which are scams and there are also not. The best thing to do before joining and investing to an ICO is to check for the platform itself and the people behind it in particular with the credibility. That's the risk on ICOs because it is really hard to determine who's not.  I'll recommend TWN . Check it.
member
Activity: 154
Merit: 10
Magic is real
January 16, 2018, 06:20:19 PM
Go past the fraudulent ICO. I've seen a good ICO, but there are already white lists closed. Just rumors, social networks with their help learn about promising projects. And everyone wants to invest profitable.
jr. member
Activity: 210
Merit: 1
OMNITY Knowledge, connected
January 16, 2018, 05:51:04 PM
Well, it seems that - for some people - ICOs are a fast way to easy money.
There are a lot of (evident) scams, and a lot (not so evident) of amateurial approach: people that can't manage a spreadsheet but want to manage millions of dollars. It's inevitable in a new market.
But there are also a good number of very well built proposals, so we can't say they are all scams.
member
Activity: 322
Merit: 10
January 16, 2018, 03:02:01 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.

They are are legit but earning profit from the coins of ico is not really profitable since the value of this coins is decreasing very fast when their coin is already in the market. The best thing to do is just work on bounty campaigns in order to earn their altcoin that you are interested, most of the traders are also working in this campaigns and use their coin in the market to sell or hold.
jr. member
Activity: 34
Merit: 2
January 16, 2018, 02:53:00 PM
How do you know if it's legal or illegal?
full member
Activity: 291
Merit: 101
https://icoenergy.org/
January 05, 2018, 11:46:57 PM
there are many ICO's that are legit buth there are also some who are scam. So I think that you need to conduct research first before trusting in an ICO. You need to consider the team the goal the function and the strategy of the ICO that you want to join in order not to be scammed.
sr. member
Activity: 448
Merit: 250
January 05, 2018, 11:36:54 PM
I would state 8 of every 12 are trick ICO tasks and you can foresee that from the way they have spoken to themselves. It was great business before in light of the fact that thoughts were new and imaginative with the goal that individuals can trust the task and over that they use to make it reality after the adequate assets have been raised. Presently a days people are extremely avaricious about the cash and they will simply shape a phony group and distribute the ICO in need that they will raise a few finances and flee. So to keep away from that to occur with us we ought to dependably talk about the particular ICO on this discussion. You can discover numerous talks going ahead about the ICO here from which thought can be separated whether to contribute or not.
sr. member
Activity: 1316
Merit: 379
Catalog Websites
January 05, 2018, 11:35:03 PM
Any investment is a step into risk. ICO is legit business but not all turn out to be good investment that is why we call scam. But there are several ICOs coming up everyday.

A key way I have developed to view ICO is product. What product does the ICO have to sell.

Another point is, is it a startup ICO or an expansion ICO. An expansion ICO is most likely going to be a good one compared to startup.

Credibility of the team. Does the team have public profile and required expertise about the product.

full member
Activity: 168
Merit: 120
January 05, 2018, 11:26:53 PM
As far as I can see only seldom ICO's can be trusted as many of them are purposely made to lure and tricked others with their marketing plans which if you did not carefully analyze and do you researched you will be fooled by them. So before you conduct a transaction with them you need to be careful.
newbie
Activity: 294
Merit: 0
January 05, 2018, 11:11:40 PM
ico legit that has good teams and ideas but there are some that smell like a scam. In some situations you have and you should re-look behind the team to avoid ico scams. ICO bad lately it's hard to find a good one. Must do a lot of research and readings
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