Topic: Is it safe to participate in ICO's? - page 69. (Read 15597 times)
Is not really safe, it's risky also, many of the coins developer now is taking the advantage of this ICO activity and disappear after the ICO end. But their is a way to lessen the risk by study the ICO properly, study their white paper and the reputation of the ICO before you decide participating with them. Thanks
Safe but need to study to pick what is ico that will bring you success and also to avoid the scam.
In fact, it depends on ico, if it is reliable or not, because some of them are scammers. One example is cartaxi, they have not paid the right amount to users who participate in their campaign before, and I'm one of them.
As I posted in another thread:
"Step 1: As with any investment, don't invest money you can't afford to lose.
-Even if the company is legit, crypto is stocks on steroids and are very volatile and unpredictable
-You could win or lose big so be prepared for both
-It is NOT gambling as you can learn to pick a winner with proper preparation. It's like playing cards and legally (and more easily) being able to count them.
Step 2: Make sure the company is REAL and not a scam.
-Pictures of staff members
-Staff members linkedin accounts
-Pictures of staff members together
-Videos of staff members/interviews
-Pictures of office
-Office location (research address)
-Social media presence of company
-Dig around the website...does it look legit? Is the English native-level?
-Email them-do they respond promptly and in English?
-Google CEO/CTO/developers/marketers and found out who they are and what they've done.
-Do they have a working product already?
-Do they have funding or investors already?
-Does it give you a good or bad gut feeling?
-Think to yourself...if I had 10,000-20,000 dollars, could I recreate everything that is on their website, forums, etc? If so, beware...
Step 3: Research the project
-Whitepaper (clear plan and goals, well written, not just a bunch of buzzwords)
-Roadmap (reasonable and clear)
-Is there demand for what they are doing?
-Is their technology proprietary or unique?
-Are they well-respected and connected in the industry?
-Is their advisory panel well-respected and connected?
-Search them on forums like this one, and find out the general consensus on their project, its viability
-Search their legal team and contact them if possible beforehand
-What will they use your money for?
-How will they make MONEY?
-How will you be able to make money when they make money?
-Do you feel passionate about what they are doing?
Step4:
Invest or don't invest based on all of the above."
Anyway, worst case scenario is you lose your money, so I don't think "is it safe or not" is really the right question. A better question might be "will you get a return on your investment".
Well Said /I think if people follow your suggestion most of us will not fall the ICO with fake info and that they want is to deceive people and gain quick profit"Step 1: As with any investment, don't invest money you can't afford to lose.
-Even if the company is legit, crypto is stocks on steroids and are very volatile and unpredictable
-You could win or lose big so be prepared for both
-It is NOT gambling as you can learn to pick a winner with proper preparation. It's like playing cards and legally (and more easily) being able to count them.
Step 2: Make sure the company is REAL and not a scam.
-Pictures of staff members
-Staff members linkedin accounts
-Pictures of staff members together
-Videos of staff members/interviews
-Pictures of office
-Office location (research address)
-Social media presence of company
-Dig around the website...does it look legit? Is the English native-level?
-Email them-do they respond promptly and in English?
-Google CEO/CTO/developers/marketers and found out who they are and what they've done.
-Do they have a working product already?
-Do they have funding or investors already?
-Does it give you a good or bad gut feeling?
-Think to yourself...if I had 10,000-20,000 dollars, could I recreate everything that is on their website, forums, etc? If so, beware...
Step 3: Research the project
-Whitepaper (clear plan and goals, well written, not just a bunch of buzzwords)
-Roadmap (reasonable and clear)
-Is there demand for what they are doing?
-Is their technology proprietary or unique?
-Are they well-respected and connected in the industry?
-Is their advisory panel well-respected and connected?
-Search them on forums like this one, and find out the general consensus on their project, its viability
-Search their legal team and contact them if possible beforehand
-What will they use your money for?
-How will they make MONEY?
-How will you be able to make money when they make money?
-Do you feel passionate about what they are doing?
Step4:
Invest or don't invest based on all of the above."
Anyway, worst case scenario is you lose your money, so I don't think "is it safe or not" is really the right question. A better question might be "will you get a return on your investment".
Thanks
It is perfectly safe to invest in erc20 based ICO. Erc20 based token ICO has been tested and tried! Many erc20 based ICO has been very successful without any controversy or scam. Erc20 is verifiable and you can not change the contract once it is made!
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.
I think ICO is safe in 2018, because most ICOs raise a lot of money but you also need to watch out for fraudulent ICOs if you do not want to lose money. There will be a penny over the bitcoin I think it is difficult. It can happen in the long run, look at its value chart then you will understand.
I believe the majority of current ICOs are created with the best intentions but its always hard to analyze which ones are.
Like with any investment there is always some risk involved. However, I think that with ICOs you are more than 3 out of 5 times lucky, which is a lot safer investment than other highly profitable opportunities.
Like with any investment there is always some risk involved. However, I think that with ICOs you are more than 3 out of 5 times lucky, which is a lot safer investment than other highly profitable opportunities.
When it comes to investing ICOs, there are no guarantees if it's gaining traction after their token sale ends. From my own point of view, I cannot say that ICOs are safe to invest.
You know why? It is because there are some who are misleading their investors and run away with their money. If you want to invest in some ICOs, be sure to take time reading their whitepaper, roadmap, checking the team's social media profiles, partners, media, etc.
I have participated in 9 ICOs by investing between $10 to $20, and planning to participate more only in promising projects.
You know why? It is because there are some who are misleading their investors and run away with their money. If you want to invest in some ICOs, be sure to take time reading their whitepaper, roadmap, checking the team's social media profiles, partners, media, etc.
I have participated in 9 ICOs by investing between $10 to $20, and planning to participate more only in promising projects.
well as long as you know in what you are putting your money , it's safer than ever, right ? But make sure you understand the project. I have read some that I don't understand a thing from their product , maybe they are scamms or who knows. For now I prefer CEDEX , safe and legit.
depends. be careful who is behind the actual project and always study white paper
If you choose the right projects, you can earn a lot of money at ICO. You need to be very careful and don't get caught in scam projects 
Each ICO is like a roulette. By investing money there you must be aware of the risks and the possibility of losing your funds. And it's good if, after the failure of ICO, your investments are returned to you. But some teams can just hide with the accumulated amount.
it depends. If you have good researching skill, you can find a good project. If not, you are easy to lose your money. So, to save your time, I will introduce you 2 potential projects. They are Livestars and Swiggborg. Investing in them will help you get big money.
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 is safe if you understand this sphere. If you know the specific goals of your participation. If you understand that it is more profitable for you: to invest in ico, use an airdrop or take part in a bounty program? 
If you have experience in investment, you will not buy DOG coins just because you love dogs... Investing cannot be completely safe, just make yourself familiar with the market, follow the news (even the smallest ones matter), know the thoughts of famous crypto-traders and on this basis make your decisions. Oh, yeah, and be ready to learn ICO investing the hard way.
The links below will take you to DIW which i believe is the next best ICO. I recommend you read the whitepaper and participate in bounty and whitelist program, definitely worth the check. Anything that keeps personal information safe and secure is great. Decentralized Security is what DIW is all about.
https://www.diwtoken.com/ for the website.
https://bitcointalksearch.org/topic/bounty-closed-2682890 for the bounty program.
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 depends from ico project because sometimes there ico that failed, let alone many ico out with promising projects, but not all of them are successful.
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.
safe or not it depends on the project developer or I can not figure it out, next bitcoin? no, I'm sure there are no coins that can rival or replace popularity as the first crypto currency.I agree. It would depend on the ICO you're joining, if it has good plans to develop and a good amount allotted for its bounty, then I would say that it is a good to participate in it. It would also dictate how safe it will be since if the developers have a concrete plan for it, then it would amount to a safe investment. Actually, it would be better if you would try to find out background details that can help you determine if the project is legit and safe. You can also check the management of the project, because unfortunately, there are a lot of scammers all over the market that take advantage of ICO joiners. That is why many think that ICOs are scams.
It can be safe but also can be scams. You need to look into them before you jump into them.
Generally a solid project with popular people backing should able to survive for at least months or years to go on, excluding medias as they are paid. ICO are generally safe in terms of fund storage but their value are highly subjective cause it depends on how things are being rolled out back them, basically their effort secure your profits, do your research on their key members and of course the feasibility of the project itself being go in.
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