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Topic: Is it safe to participate in ICO's? - page 84. (Read 15598 times)

full member
Activity: 211
Merit: 100
December 16, 2017, 10:27:55 AM
totally nope. Dont invest into any ICO without idea about them. you need do many things to make sure they dont scam you. like check their profile, their advisor, their plan, their whitepaper.... many things
jr. member
Activity: 89
Merit: 1
December 16, 2017, 10:20:57 AM
ICOs always entail a certain level of risk especially if the team behind it seems kind of shady. This is why we always would want to invest a a small portion of funds in them if really interested.
full member
Activity: 375
Merit: 100
Adoption Blockchain e-Commerce to World
December 16, 2017, 10:15:08 AM
Yes it is safe if you know what you are doing but if you do not know how to do it . That would be very bad if you are invest most of the ico are scam but you need to do some research to avoid those and if you filtered it out you can invest now and lastly read their objective and whitepaper
member
Activity: 168
Merit: 10
December 16, 2017, 10:14:02 AM
You are in a safeplay if you did a lot of research before entering an ICO because theres a lot to consider before you can say it will be a successful ICO.
member
Activity: 70
Merit: 10
December 16, 2017, 10:11:20 AM
be careful. because so many scams are also there. so be vigilant. if its scam, them where we will complain.
Nowadays there are many ICO's developing in the crypto world.But it is our responsibilty to understand the project and make decision to invest in it or not.As there are no regulations on ICO's it is our own duty to check them for ourselves.It is easy check whether an ICO is good or bad.Just check their whitepaper, team and activity.
full member
Activity: 244
Merit: 101
December 16, 2017, 08:35:29 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.

Keep in mind that participating in ICO's is an investment. You either earn profit from it or lose everything. My only advice is that before joining an ICO always read and do research on these coins, for you to have an idea if its worth investing on or not. Also I think that you should never invest everything on one ICO. For me it's still safe to participate in ICO's, you should just have the knowledge, and I think that there is nothing wrong with hoping that this or that coin could be the next bitcoin, after all the main reason that your participating in an ICO is to earn profit/money from it.
sr. member
Activity: 644
Merit: 253
Change Your Worlds Build a New Era!
December 16, 2017, 08:24:40 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.
Participating in crowdsales always bring certain risk. Choose wisely which token you will buy, do a lot research before buying and look at all these ICO's as one sort of gambling where you can profit a lot but you can also lose money.
Choosing right ICO is not so easy it requires lots of reading first and patience after.
full member
Activity: 406
Merit: 100
December 16, 2017, 08:19:41 AM
Yes it is safe to participate in icos but there is a risk if not be succesful.But as of now many icos have been succesful just always have some research before to go.
full member
Activity: 259
Merit: 110
December 16, 2017, 08:13:40 AM
I would to say also, are you mentally prepared for 50% of your investment to disappear in a few days with no hope of ever getting it back. 70%? 80%? if you are not, you should not be investing in crypto, there is still other things that u can invest ofc
member
Activity: 180
Merit: 10
December 16, 2017, 07:42:38 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 it is safe, however, in order to make sure you won't be scammed, research the project before yu invest into it. Know the forerunners and understand their program. If you think it is worth the risk, then take it. But remember, investments will always be risky.
full member
Activity: 186
Merit: 100
December 15, 2017, 11:10:32 PM
Participation by investing on ICOs is safe but before invest have to do the research, consult with other people before investing anywhere. There are many interesting projects in which one can invest almost without any fear.  According to my opinion, such projects seem to be reliable like Spective . Spective has a great concept, nice dev team and huge community support, that has a great future. Investing on Spective will be fruitful in near future.
full member
Activity: 322
Merit: 101
December 15, 2017, 10:46:06 PM
Research first about the devs, the project, check their goal, etc., before you invest. It is safe to participate in any ICO if you are always reasearch about them, to avoid scams.
member
Activity: 143
Merit: 11
I will win, not immediately but definitely
December 15, 2017, 09:20:44 PM
be careful. because so many scams are also there. so be vigilant. if its scam, them where we will complain.
member
Activity: 266
Merit: 12
December 15, 2017, 09:17:20 PM
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.
If you have the knowledge first through reading and studying the ICO's sites and whitepaper, youll be able to know if that ICO is safe of not. Most ICo are safe to join with. Joining in ICO is also a risk taking job but the profit is really good.
newbie
Activity: 56
Merit: 0
December 15, 2017, 08:53:49 PM
Before investing in an ICO.

Evaluation of the whitepaper

One of the most important ICO investment evaluation tips – take time to read the whitepaper for each project and ICO you want to invest in. White papers are long and sometimes confusing. Sometimes they puzzle you in understanding how the company will operate.While reading the whitepaper, focus on the strong and weak aspects and complement what you read with personal research. If you read the document thoroughly, I am sure it will help you to discover the value that each project proposes to add to the world.

Crypto community and the media

The crypto community is crucial for all investors. The community talks a lot and also dedicated to discussing whether it is worth investing in ICOs. You should check out CoinFund Slack Channel, CoinSchedule, CryptoCompare, CryptoSmile, and CyberFund and see what the general opinion is.
However, social media and networking sites are also relevant when evaluating ICO investment. It is better to avoid bounty posts.

Venture Capital support and the stage of the project

Venture Capital support. One of the most relevant questions you should ask yourself when evaluating the ICO investment is the stage of the project. Generally, ICO projects consist of some lines of working code, which is considered as reliable.Before making an investment, see whether the project has to back from venture capital firms (VCs). Find out the information about the VCs on the project’s website.  Also see whether there is a previous investment and if there is, who the investors are.

Assess the team

Research is must when you are evaluating a fresh ICO investment. I recommend you to investigate the members of the ICO team thoroughly, in particular, discover their experience. Search them on Google and read through their profiles on LinkedIn.Check out whether the team holds any kind of experience in cryptocurrencies. Ensure that some of them have been involved in ICOs in the past.
full member
Activity: 241
Merit: 117
Satpam BTT 👮
December 15, 2017, 08:00:34 PM
I think not, because they are just looking for profit. It is depends on which ico you want to participate, but before doing that do a further research about it to minimize the risk.
legendary
Activity: 2576
Merit: 1860
December 15, 2017, 07:47:35 PM
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.

One of the ICOs today might become the next Bitcoin-like coin the world of cryptocurrency. But the problem is that we already have so many ICOs right now that it is getting very hard for us even to distinguish the legitimate from the scam ones. And another problem is that everyday a large number of ICOs are added to the list. It is getting suffocating actually.
member
Activity: 113
Merit: 10
December 15, 2017, 07:40:59 PM
Everthing will goes well as long as you research about the ICO you'd be joining. There are many ways how to check if that ICO is safe or not: Read their whitepaper,look for their website and try to find their social media,you can see it there if this ICO is updated or not.
full member
Activity: 406
Merit: 100
December 15, 2017, 07:36:06 PM
There is no Bad or Good ICO unless you will conduct deep research on it. when you put your hard earned money in an ICO do you own research dont follow or agree what other say. after all you are the one losing money not them.  Join the ICO thread ,telegram and other social media to know better the ICO you want to join
member
Activity: 188
Merit: 10
December 15, 2017, 07:07:15 PM
It's investment.
You invest for their project by buying their tokens and the value of tokens would be proportional to profit of the project.
Most of the ICO's are profitable as their price would increase on reaching the market.
But some of them are total scams which would lead your investment to nothing.
So, study about the project before investing.

What study do you do before investing? Please tell me.
I think above explanation is right. Loss of all the investment if you fall to scam project. I think it is risky. But all investment also risky not only ico.
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