Is it safe to participate in ICO's? - page 103.

kittie11

newbie

Activity: 28

Merit: 0

Quote from: bcnaranjo on September 29, 2017, 05:37:22 AM

Right now there are many ICOs coming out, is it really safe to participate in any of it and spend that much? In participating ICOs I have high hopes that these coins could be the next Bitcoin or other currencies that are really going up in the market.

we can't deny the fact that there are really ICO's whose intention is to scam people of their hard earned money.
But we cannot generalize all of the coin.
There are still those who are legitimate.
To invest in ICO you should at least find out what level of work for the project has already been completed and restrict yourself from ICO which only have a whitepaper but no any work mentioned in that whitepaper done.

I have read a few whitepapers and research upcoming ICOs and there is one who really caught my attention. Most of Bitcoin and cryptocurrencies have nothing behind them but Propthereum.io are an asset back cryptocurrency with potentially great coin appreciation. Definitely one you should check out for!

topesis

hero member

Activity: 630

Merit: 500

It is safe if you understand the project and believe in the team that they can deliver on what they are promising, to me the most important thing that people fail to read and understand is the term and conditions of these ICO which is very important

IceOleg

member

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Merit: 10

Quote from: bcnaranjo on September 29, 2017, 05:37:22 AM

Right now there are many ICOs coming out, is it really safe to participate in any of it and spend that much? In participating ICOs I have high hopes that these coins could be the next Bitcoin or other currencies that are really going up in the market.

Yes and do - as with any investment! It's the same with traditional stock market. Is it safe - yes, is moderately safe if you investigated the business of the company accurately, understand it and you are sure that the team behind the project is a group of reliable professionals. If you do not do any reasearch and just buy tockens from different projects with a promising name and fancy design - than it's a gambling and it is not safe.

You can win in both scenarious, but I prefer to invest to the projects I really understand, that's why I rarely invest more than two ICO or 3-4 companies at the same time.

zak2002

member

Activity: 89

Merit: 10

Quote from: Nagrogflaz on November 15, 2017, 11:09:58 AM

Quote from: burnedbyfees on September 29, 2017, 06:31:24 AM

It's safe if you do your research and know what (and who) you're buying.

but to do my own research will take time, if I think if ico was followed by many participants and many people who commented well then ico is safe

I used to think this too. But then I came to know of bounty campaigns by ICO's which means most of the comments on this website and followers of such ICos on social media like facebook, twitter etc are paid for.

stripykitteh

legendary

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CryptoTalk.Org - Get Paid for every Post!

Quote from: inanilujimi on November 08, 2017, 01:15:21 AM

It is better to be more selective in choosing the projects you want to invest.
Safe or not no one knows.
You simply depend on luck to be profitable or not at all.

ICO's are safe to invest in if the proper amount of research was put into it. Some coins however can be manipulated because of a single whale.

左

sr. member

Activity: 476

Merit: 250

Quote from: drachman on November 15, 2017, 03:26:07 PM

Quote from: bitcryptone on November 08, 2017, 08:13:47 PM

i'm a newbe but i defenetely think it is not safe - not with all that scam and wallet vulnerabilities

Also there are many scammers around, even if you participate in an ico that is successful now you need to worry about not losing your coins to scammers, I have invested in some projects and the more active the project and the better prospects there are the more scammers appear and try to steal your coins.

It's really annoying. At this point you have to take enough security measures to secure your funds.

drachman

sr. member

Activity: 756

Merit: 252

Quote from: bitcryptone on November 08, 2017, 08:13:47 PM

i'm a newbe but i defenetely think it is not safe - not with all that scam and wallet vulnerabilities

Also there are many scammers around, even if you participate in an ico that is successful now you need to worry about not losing your coins to scammers, I have invested in some projects and the more active the project and the better prospects there are the more scammers appear and try to steal your coins.

veraoktav127

full member

Activity: 364

Merit: 100

Quote from: DaedRik3 on September 29, 2017, 07:32:24 AM

Not safe if you are in South Korea right now.

why is not it safe to participate in ico in south korea? whether due to political conditions or other causes?

Nagrogflaz

member

Activity: 294

Merit: 11

Quote from: burnedbyfees on September 29, 2017, 06:31:24 AM

It's safe if you do your research and know what (and who) you're buying.

but to do my own research will take time, if I think if ico was followed by many participants and many people who commented well then ico is safe

hitler007

newbie

Activity: 31

Merit: 0

Yes it depends on the project. I participated in the airdrop for Amor https://bitcointalksearch.org/topic/airdrop-amor-meet-credible-people-2394762 and those guys seem to be doing just fine

kakawin

full member

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It's like playing on a stock exchange. It's easy to lose money or get a big win. Everything depends on the inner instinct, luck and information obtained from different sources.

Coinve.st

member

Activity: 700

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boltz

legendary

Activity: 3318

Merit: 1202

There are many ICOS right now but if you search good enough and inform yourself good enough on some projects you will find the good ones. What can I sugges you , is to look into GIZER thread untill ico will come.

twicezeroiszero

hero member

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Merit: 500

Borderless for People, Frictionless for Banks

Quote from: cryptolerant on November 12, 2017, 01:16:54 PM

Quote from: laluna24 on November 11, 2017, 05:36:50 PM

Quote from: steffi79 on November 11, 2017, 04:12:42 PM

Quote from: madcoin on November 10, 2017, 02:59:43 PM

Joining the ICO should not be generalized for all ICOs, both safe and unsafe. It's completely safe if we implement ICO rules and do not log in to fake sites. ICOs usually get good returns, and if they fail, they will send back the money. You should do a lot of research while doing your ICO selection.

yes because taking that easily for not making some research and study may the regret will go with you if having some lost of your money so think always before taking the advantage of participating with the ICO's.

Actually it is not safe in joining ICO because there aee ICo that is there to scam investors. Yes doing some research before participating in Ico. Every details needed to know for us not to be fool by the team and yes ofcourse analyzation is needed.

It is hard to generalize actually. There are scam projects and very successful honest projects. What you can do is you can search project team members n very detailed way and see their previous projects and then decide if you want to join the ICO or not.

Although I do not want to say these words, but to be honest, if you really want to invest in ICOs, you must to be ready with the situation lose all money invested. First of all, there are many projects same idea recently. As the dot com bubble, when the bubble become the hottest trending, it will make the market become crazy and scammer anywhere. Finally, only investors will be the loser.

inyakizuryel

full member

Activity: 378

Merit: 104

I can say it is safe but you still have to research more and more so that you will know whether an ICO is a scam or not but for my opinion it is safe to join and participate in ICOs and currently i am doing it right now and full time because i believe that my efforts here will not be wasted and my time too, it is very safe in joining here just answering questions and doing what the ICO is instructed you to do all you have to do is to have patience and trust to them, if you want to invest your coins make sure to read carefully and properly about that iCO that you wanted or you decided to invest with. I hope this advice from me will help you in joining an ICO

babsjoe

full member

Activity: 490

Merit: 100

It is safe. But you must check on these safety measure so you don't get scammed.
1. Follow the commnity! If there is no comminity and diverse participation and contribution, that could bre a red flag! Watch out for my next point on safety as it pertain to ICO!

Em_i_ly

member

Activity: 70

Merit: 10

Quote from: T.water on November 12, 2017, 01:55:57 PM

I believe it's safe to participate in ico

what makes you think that?

T.water

newbie

Activity: 2

Merit: 0

I believe it's safe to participate in ico

cryptolerant

full member

Activity: 210

Merit: 100

Quote from: laluna24 on November 11, 2017, 05:36:50 PM

Quote from: steffi79 on November 11, 2017, 04:12:42 PM

Quote from: madcoin on November 10, 2017, 02:59:43 PM

Joining the ICO should not be generalized for all ICOs, both safe and unsafe. It's completely safe if we implement ICO rules and do not log in to fake sites. ICOs usually get good returns, and if they fail, they will send back the money. You should do a lot of research while doing your ICO selection.

yes because taking that easily for not making some research and study may the regret will go with you if having some lost of your money so think always before taking the advantage of participating with the ICO's.

Actually it is not safe in joining ICO because there aee ICo that is there to scam investors. Yes doing some research before participating in Ico. Every details needed to know for us not to be fool by the team and yes ofcourse analyzation is needed.

It is hard to generalize actually. There are scam projects and very successful honest projects. What you can do is you can search project team members n very detailed way and see their previous projects and then decide if you want to join the ICO or not.

East7547

jr. member

Activity: 46

Merit: 10

I don’t think it’s unsafe, safe is the wrong word to use. It’s very risky

Topic: Is it safe to participate in ICO's? - page 103. (Read 15577 times)