With Bitcoin blockchain leading the surge in the cryptocurrency market, having a market capitalization of over $136 billion USD, shows consistent growth in marginal profit and has also inspired today’s altcoins and many in the cryptocurrency community towards building new crypto undertakings. It is safe to say at this point that while this new technology is uncharted territory to most economic systems, the current level of adaptation is being explored and new use cases are developed on a constant basis to demystify this economic tool.
The blockchain is the premise for which all Initial Coin Offering and their derivatives are built upon. As internet based businesses are moving their real world assets unto the blockchain, they find it convenient to use the digitized form of their assets to leverage the blockchain possibilities to their advantage. On the other hand, exploiting these possibilities have revealed flaws and cracks within the decentralized system as many have attempted to use the network for illicit purposes.
Topic: Is it safe to participate in ICO's? - page 8. (Read 15577 times)
Participating in ICOs are really risky. Why? Because:
1. It's all faith. Faith in the coins they have and the project it envisions.
2. Putting out cash is pretty risky. But being in crypto is really risky.
3. Unlike bounties, earning would be pretty hard. (Investment - profit)
1. It's all faith. Faith in the coins they have and the project it envisions.
2. Putting out cash is pretty risky. But being in crypto is really risky.
3. Unlike bounties, earning would be pretty hard. (Investment - profit)
there is no problem if they provide a refund option in their sales clause, and of course KYC is mandatory for investors, but I am not indiscriminate in any project, at least I struggle to do research and analysis that I think is right after I talk. with their developers / ceo, there needs to be a verbal analysis.
I think crypto is a big risk. Investing in ICO or altcoins can lead to big losses. You must carefully choose the project for investment.
Now the biggest problem in the ICO market is scam. Now many people want to earn by fraud. % of the scam is very high-minded and the investor is simply afraid of losing his investments, staying without anything. But there are projects that guarantee security and honesty, after all they are already managers, who have hired any project and know what they are doing-and the investor trusts them to a greater extent.
It is never safe. That is why there is risk and reward. You have to DYOR, and even then you can't be sure the project is going to succeed or not scam you. Try to manage your expectations and you will be fine
It is safe if you review what you are buying, if the project is okay and we are aware that many ico-tricksters are engage in many websites so we will first look up and check before we can participate in the project.
Every investor should be aware that there're a lot of SCAM ICOs. This issue is very much disscussed now. Even SEC created a fake ICO to warn all the investors against cryptocurrency scams. They created a common ICO with all star advisors, and a short whitepaper. But if you press "Buy tokens" you'll be redirected to SEC page, where you'll see which factors allow you to detect a scam ICO. So be safe and never trust anyone exect yourself.
Participating in ICO could be a good opportunity instead. In all things, risks will be involved. It's the matter of how you define safety, especially in cryptocurrency world. As far as I know, ICOs are safe. You just need to make sure that you don't join a scam. Make sure to do a lot of research before joining. Just telegram discussions on these ICOs and see it from there as well. Might be also helpful to know if these are good to invest in.
Joining ICO is not very secure, because there is always a risk that the project will die and you will lose money. But ICO can give you a very good earning.
Yes that how it work now in ICOs. Even very good and promising , hyped project can make a big loss on the market. And you cannot say when ICOs will bring a lot of x and when you will loose your money.
Be very picky with ICOs where you invest!
Joining ICO is not very secure, because there is always a risk that the project will die and you will lose money. But ICO can give you a very good earning.
I use ICO Vireo and I am very pleased. I recommend this project if you want to cooperate with a reliable and proven ICO.
Participating in ICOs are really risky. Why? Because:
1. It's all faith. Faith in the coins they have and the project it envisions.
2. Putting out cash is pretty risky. But being in crypto is really risky.
3. Unlike bounties, earning would be pretty hard. (Investment - profit)
1. It's all faith. Faith in the coins they have and the project it envisions.
2. Putting out cash is pretty risky. But being in crypto is really risky.
3. Unlike bounties, earning would be pretty hard. (Investment - profit)
Looking at which project, you must before you participate to analyze the team and the idea and whether there are prospects for the project
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 an investment. Investing on something no matter how big or small it is involves risk, good things can happen as long as your willing to take the risk. My advice is that you do research about the ICO and project before investing, if you feel like that ICO or project could go a long way invest on it. Also, never invest an amount you can't afford to lose.
Before you ask this question, you should think about whether you are investing in the right ICO project and whether you are profitable. When investing, profit will be proportional to risk. So the higher the profit, the higher the risk.
I think it's too risky to invest in ICOs because mostly of ICOs nowadays are either be scam or will become a big loss for you. But the risk is worth it when you found a great ICO to invest on. Do prior research and never fear of missing out in investing so you can taste that sweet profits you're waiting for.
yes, no need to be afraid of risk, because all things have risks, precisely if not dare to take risks then we will never succeed. because successful people are people who dare to take risks
I think it's too risky to invest in ICOs because mostly of ICOs nowadays are either be scam or will become a big loss for you. But the risk is worth it when you found a great ICO to invest on. Do prior research and never fear of missing out in investing so you can taste that sweet profits you're waiting for.
Of course it is safe as long as you don't break any rule to join the ico, you have to be careful if you are an American as usually they are not allowed to participate in the ico but other than that I don't see any reason why it's not safe. You have to make sure to send your money to the right address and make sure you send it from your own wallet (not exchange wallet) if it's erc20 token as the smart contract will send the token back to the wallet immediately.
We should be aware that there are ICOs that are only wasting our time or what we called scammers. There are also ICOs which can give us the earnings that we wanted especially those that have trustworthy managers. We should be keen in finding these kinds of ICOs.
hi, it depends of the project i saw some ico dropping after their relaese on exchange market, ans some others pump as hell
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