Topic: Is it safe to participate in ICO's? - page 109. (Read 15598 times)
It's like investing money in stocks on the stock exchange. Everything depends on the information received from various sources, internal instinct and luck. It is very easy to lose money or get a big jackpot.
There are lot of scam but in reality most of ICO distribute the token at the end, you should participate only if you are sure that the price will be much higher than the ICO price otherwise stay away of the project because their keep your money for 1 month at least and you have no guaranty that you receive your token or you will make profit, many great project like BAT(Basic Attention Token) have made good marketing but after listing the price has dropped...
In this regard it still depends on whether you are hoping to hold tokens of a certain project on some long term or not, pretty much, not to mention that product tokens generally provide you with in-product opportunities that are reasons for joining a project as a token holder. 
There are lot of scam but in reality most of ICO distribute the token at the end, you should participate only if you are sure that the price will be much higher than the ICO price otherwise stay away of the project because their keep your money for 1 month at least and you have no guaranty that you receive your token or you will make profit, many great project like BAT(Basic Attention Token) have made good marketing but after listing the price has dropped...
Tell me what's completely safe in this world... I dare say - nothing.
There's always a chance to make a mistake. Or to face someone else's mistake. Or to get into a natural disaster or a mere accident.
Seriously, when it comes to ICOs, just like in the other aspects of life, you can only do your best to be safe and accomplish a certain goal. Make your own research (team, roadmap, market segment and its volume and competitors, product, etc.), take experts' opinions into consideration, watch bounty campaigns, read news on new and "old" media - do whatever it takes to understand the value and the perspectives of the project you are interested in, and then your chances to succeed together with it and be safe will be highest.
There's always a chance to make a mistake. Or to face someone else's mistake. Or to get into a natural disaster or a mere accident.
Seriously, when it comes to ICOs, just like in the other aspects of life, you can only do your best to be safe and accomplish a certain goal. Make your own research (team, roadmap, market segment and its volume and competitors, product, etc.), take experts' opinions into consideration, watch bounty campaigns, read news on new and "old" media - do whatever it takes to understand the value and the perspectives of the project you are interested in, and then your chances to succeed together with it and be safe will be highest.
As others have said you need to do your research. As well as looking through the website and white paper you should join their social media groups to see how busy they are working and promoting their product. This will also give you valuable information on the quality of the team and how they treat their investors.
It's true there is a lot of scam projects and it's harder to find a good one. But I truly believe there is a big future of ICO's, so we now just need more patience to do our research
Research and choose the right Idea ICO which has a good opportunity to provide on us in the future like the most innovative things that we need in particular to the technologies.
it is not necessary to invest a lot. The minimum transaction to buy asspace token amount is set at 0.1 ETH 
It's true there is a lot of scam projects and it's harder to find a good one. But I truly believe there is a big future of ICO's, so we now just need more patience to do our research
As a newbie in this field, I have a question. When the Ico's show on their websites that we have gathered this much money and sold this much tokens, is there a chance that they are just exaggerating to show that people are trusting them? I mean, is the investment generated a true measure of authenticity?
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.
It's super risky, but big rewards come with big risks so it's your choice.
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.
many of our friends who do business in coins follow ICO and they are fine so it's a sign that we are still safe to participate in ICO
I propose to develop a standard (list of rules) that guarantees absolute protection of investor's funds.
BPI, Blood Pact ICO standard
I invite you to join the discussion
BPI, Blood Pact ICO standard
I invite you to join the discussion
Though there are really good ICO's but there are a lot of scams as well. But generally, you just have to do some research and readings on the credibility of those behind them. Look into their activities as presented by their road maps. Try to gauge as well if the product offers something relevant and useful for the general public. Overall, there is no guarantee. As an investment, there are really possibilities of gaining or losing. But with some studies, you may be able to gain with a calculated risks.
there is no safetest way in protecting us from scam of ICO projects, so we have to prepare us good knowledge before investing in any project, look for information about purposes and reasons why they did that, whitepaper is inevitable thing in the research, and can it be used in real life or not? from that you will have your chance to decide whether to invest or not, but everything has it risks, we can never make sure that project is completely safe.
Certainly, Investing in ICO is not safe. How can you get big profit with low risk? If you wanna be safe, let choose Bitcoin. If not, you have to accept risks.
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.
Its not really safe , its very risky when you participate in ICO's. Its like gambling, you win and you will also lose at the same time. Now, to make it atleast a little safe, I suggest you do a research on the projects you want to invest in. Check the background of the devs, roadmaps and the people behind it, coz there are a lot of fake ICO's going around here and even those legit and dedicated teams would sometimes fail. Good thing you posted this kind of question, this forum could be a great help for you to identify which one is legit. Just keep on asking peoples suggestion specifically about participating in ICO's.
It depends. We all know here that not all ICOs are authentic. There are still several fake ICOs revolving around this forum. Participating at those have corresponding risks ofcourse because you are investing. Investments and risks will always be side by side. Altcoin to be the new bitcoin? Quite impossible. Btc price is approximately 10x altcoin's so this is still questionable. However, this does not mean that altcoins aren't good investments because they still are.
New coins don’t seem to be the new Bitcoin I think:)but you should choose projects, which already have working technology and product.Good luck for everybody
It is a investment usually in altcoins made of group of people and idea it is risky we need to choose or observe wisely in one project so that you do not regret at the end.
Is it safe? Really?! Gambling cannot be safe, buddy. 99% of all ICO's are scam or crap. So be cautious with your money and don't trust others
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