Topic: Is it safe to participate in ICO's? - page 70. (Read 15577 times)

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.

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

If I have to be frank with you, ICO's are the future, in my opinion. Just read about all the profitability that they bring to so many individual traders and companies, at the same time. However, there are many deceptions, therefore, you need to be very cautious when investing in one. What I do, prior to participating in ICO's, I try to find credible and reliable information of real companies that have done the same thing - as they're interested in accumulating profit before all, I believe this would be a winning long-term planning strategy. For example, one company, that I can recommend, is Cointed - they have been dealing with numerous ICO's for a while and have taken the right decisions (at least in my opinion), which, in turn, has ended with their profit increasing. Check out their reddit thread, if you wish: https://www.reddit.com/r/Cointed/. There's a lot of valuable info there, you just need to read a lot!

You must search further more about the project including and the moderator. Try to chat the members here specially the pioneer member so that they will an advice about the ICO's.

Of course, but never throw amounts you can't afford to lose completely.. The thing im most worried about is all these companies having my passport..

Yes, good ICOs do exist.
We must find them out before it is too late.
More often than not, I found some very good ICOs that were no longer accepting whitelist.

I don't think it is ever 100% safe in any investment as you are putting money into someone's hands hoping they make the right decisions.

The most important thing is to just do as much research as you can. Look at the ICO, the whitepaper, the team and most importantly ask as many questions as possible. This forum is great as nearly every iCO has a thread that means you can directly communicate with the team.

My biggest advice is to just research hard, don't rush into investing and if you find anything negative about an ICO, move onto the next one. There are plenty of choices. Currently I only invest into ICO's that have a low market cap and a working product.

YES
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Dependent on the project, it's actually very safe. And when you get into a good-promising project, you can multiply your initial investment by 5 or 10 times. This is reality. The thing is seeking the best initial coin offerings always.

Its safe if you find one that is going to work and one that has a supporting development team that will maintain it and make sure it will be successful.
Avoid scams by researching into ICOs.

Yes it is still, but you need be aware of the scams. Look for real projects like trade.io that is at ICO phase and almost ending soon.
DIW token is another ICO that is upcoming and is promising, im in Telegram group and the support team is constantly helping the members of its community. Check the site here https://www.diwtoken.com/

As long as ICO is good, it is safe to participate with ICO.
The first thing to consider to join ICO is the team, website, whitepaper, after knowing all and looking good, it's safe to join the new ICO.

Depends on the ICO. Some may be scams, while others are legit. Gotta research the concept and the team before investing in it. Either way, buying into an ICO is an investment, therefore there will definitely be risks, but these can be downgraded if you do the proper research beforehand.

It's safe if you do research about upcoming ICO's and be careful where you going to participate in ICO.

i think safe insecure depends on the project, if we want to invest in ico make sure ico have good prospects, do not invest in ico scam.

It depends.

Always check the team behind it and the legal of the project.

If it sounds legit, then it is safe.

We really cannot guarantee a successful participation of ICO's. You have to do your own research and analyze if the project is really worth investing because at the end of the day all this business is about risk.

When more and more people are profiting from the ICO, it's time to be wary, because nothing can always be profitable.

You must understand what ICO is.
not all ICO is safe, there are some platforms that make up stories in whitepaper then they hold ICO, after funds are collected ... they go by reason of website in hack,

we must be careful in investing in ICO

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".