Should we invest ICO? How to know that this Coins ICO is Scam?

Nagricoin

jr. member

Activity: 294

Merit: 2

Quote from: btvGainer on October 18, 2016, 05:52:29 PM

Quote from: camelson on August 22, 2016, 02:07:47 PM

Hello

I want to ask few question from this community. I have invested in few coins and all went dead, Lost more than 2 btc.
So

Should we invest ICO?
How to know that this Coins ICO is Scam?

ICO is one of the best investment available but remember not all ICO's are profitable and some of them turn out to be scams also.Always check devs,escrow,whitepaper and roadmap provided in ICO ANN thread

Yes, this is minimum level.
I also can recommend - try to analyze market of product (which ICO will create or propose).

sultanali

newbie

Activity: 238

Merit: 0

This depends on what you are talking about, if your question is concerning how not to be scammed in an ico then it mostly depends on the information you gather on the web plus public opinion plus the whitepaper but if you are talking about coins in general or on exchange platforms then that is a different story.

Huge Black Woman

sr. member

Activity: 322

Merit: 251

They's all scams, erry one of them. An' they all outta China or Russia, an' when yous buy inta this shits, you is directly supporting the Russian mafia or whatever the flunk they gots over in China. Y'all need to seriously consider that. They all scams, don't care what anybody tell you.

sabbirshm

sr. member

Activity: 294

Merit: 250

I think people should stop buying coins from ICO.99% ICO project is scam.

There are several ways you can know.

1. Newbie account.
2. Without escrow.
3. Without Real identity.
4. White paper etc

senyorito123

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Quote from: harizen on October 19, 2016, 05:59:48 AM

Quote from: senyorito123 on October 19, 2016, 04:53:42 AM

Quote from: Caladonian on October 19, 2016, 02:54:17 AM

Quote from: 1btcdream on October 18, 2016, 10:45:34 PM

An ICO without legitimate escrows always turned into a scam. Scammers hate escrows, they will do everything in their power to avoid them as much as possible. Before investing make sure the ICO coin is using trusted escrow service.

exactly this is the first thing i look when i joined ico i making it sure that the escrow that will handled my money / btc is one of the trusted escrow here because they are taking care of their names it will hard for scammers to fool them.

even escrow will holding the money when the time ICO is running you cannot still make sure that the ICO project will not turn scam since this coin will be easily dumped by the devs once it will be added on the exchangers and it got huge buys and got also huge btc volumes, and we surely see that one's and those coins are moslty located at yobit exchange, and also thats the reason why we can't trust fully the ICO coins since they are prone to became a scamcoin when the right volume and time comes.

That's why when someone want to put some decent amount on those coins on ICO, remember that manipulation can happen anytime or even every minute/s since it's easy for whales to change the phase of the price that's why monitoring is really a must. We should act fast here.

Also remember to get out when people already sees some sure profit rather than being a greed one waiting for more pump and price increase to avoid regrets.

to simplify those thing up we should not hold any ICO coin for so long and just intend it for the time when it still buyable, and my tactics for this one is to sell at the topest price of it and re roll again the price if this ICO coin will suddenly drop, but this thing would be happen if we do some extra ordinary monitoring of price and sure if we can do that surely we can earn huge profit by this certain coin even if this coin will be dumped totally in this coming future.

harizen

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For support ➡️ help.bc.game

Quote from: senyorito123 on October 19, 2016, 04:53:42 AM

Quote from: Caladonian on October 19, 2016, 02:54:17 AM

Quote from: 1btcdream on October 18, 2016, 10:45:34 PM

An ICO without legitimate escrows always turned into a scam. Scammers hate escrows, they will do everything in their power to avoid them as much as possible. Before investing make sure the ICO coin is using trusted escrow service.

exactly this is the first thing i look when i joined ico i making it sure that the escrow that will handled my money / btc is one of the trusted escrow here because they are taking care of their names it will hard for scammers to fool them.

even escrow will holding the money when the time ICO is running you cannot still make sure that the ICO project will not turn scam since this coin will be easily dumped by the devs once it will be added on the exchangers and it got huge buys and got also huge btc volumes, and we surely see that one's and those coins are moslty located at yobit exchange, and also thats the reason why we can't trust fully the ICO coins since they are prone to became a scamcoin when the right volume and time comes.

That's why when someone want to put some decent amount on those coins on ICO, remember that manipulation can happen anytime or even every minute/s since it's easy for whales to change the phase of the price that's why monitoring is really a must. We should act fast here.

Also remember to get out when people already sees some sure profit rather than being a greed one waiting for more pump and price increase to avoid regrets.

senyorito123

hero member

Activity: 1764

Merit: 505

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Quote from: Caladonian on October 19, 2016, 02:54:17 AM

Quote from: 1btcdream on October 18, 2016, 10:45:34 PM

An ICO without legitimate escrows always turned into a scam. Scammers hate escrows, they will do everything in their power to avoid them as much as possible. Before investing make sure the ICO coin is using trusted escrow service.

exactly this is the first thing i look when i joined ico i making it sure that the escrow that will handled my money / btc is one of the trusted escrow here because they are taking care of their names it will hard for scammers to fool them.

even escrow will holding the money when the time ICO is running you cannot still make sure that the ICO project will not turn scam since this coin will be easily dumped by the devs once it will be added on the exchangers and it got huge buys and got also huge btc volumes, and we surely see that one's and those coins are moslty located at yobit exchange, and also thats the reason why we can't trust fully the ICO coins since they are prone to became a scamcoin when the right volume and time comes.

Snorek

legendary

Activity: 1400

Merit: 1001

Quote from: camelson on August 22, 2016, 02:07:47 PM

I have invested in few coins and all went dead, Lost more than 2 btc.

May we know in which ICOs you invested before and why you actually picked these specific project? Why were you so hasty to invest into unproven ICO?
(Not that you can be sure about something not really existing in the first place)

Quote from: btvGainer on October 18, 2016, 05:52:29 PM

Always check devs,escrow,whitepaper and roadmap provided in ICO ANN thread

Whitepaper and road map can be bloated with fantasy promises. Coin might be abandoned long before everything announced in the roadmap will become reality.

Caladonian

hero member

Activity: 1302

Merit: 540

Quote from: 1btcdream on October 18, 2016, 10:45:34 PM

An ICO without legitimate escrows always turned into a scam. Scammers hate escrows, they will do everything in their power to avoid them as much as possible. Before investing make sure the ICO coin is using trusted escrow service.

exactly this is the first thing i look when i joined ico i making it sure that the escrow that will handled my money / btc is one of the trusted escrow here because they are taking care of their names it will hard for scammers to fool them.

SANALIU

full member

Activity: 126

Merit: 100

very dificult is your know is buy ico scam or not
but your follow standard requirement your buy ico coin
1 must use escrow reptable in bitcointalk
2 dev team much people not only one, is good coin dev is much people
3 this enough savety your money

1btcdream

sr. member

Activity: 393

Merit: 297

An ICO without legitimate escrows always turned into a scam. Scammers hate escrows, they will do everything in their power to avoid them as much as possible. Before investing make sure the ICO coin is using trusted escrow service.

btvGainer

legendary

Activity: 854

Merit: 1000

Quote from: camelson on August 22, 2016, 02:07:47 PM

Hello

I want to ask few question from this community. I have invested in few coins and all went dead, Lost more than 2 btc.
So

Should we invest ICO?
How to know that this Coins ICO is Scam?

ICO is one of the best investment available but remember not all ICO's are profitable and some of them turn out to be scams also.Always check devs,escrow,whitepaper and roadmap provided in ICO ANN thread

Hoor

member

Activity: 95

Merit: 10

if you do not have a good knowledge about a coin you should not invest your assets there.

nayanmehta

full member

Activity: 226

Merit: 100

how to get the news .. that ico will come?

Ubiquoin

member

Activity: 112

Merit: 10

ICOs are what push forward the limits of crypto.

Whether you make money or not is entirely up to you and your experience level.

socks435

legendary

Activity: 2058

Merit: 1030

I'm looking for free spin.

Quote from: Digitalbitcoin on August 23, 2016, 12:17:27 PM

ICO is really a great source to get stake of any launching new coins. These coin owner distribute premined coins for market rolling to there ICO contributors.

ICO is stands for Initial Coin Offering. This may be free or paid depend up on currency and it specifications.
[/quote
Yeah ICO is the best to choose to make a large profit.. but the problem not all ICO are safe to collect and to invest. always check who release and who are holding that coins.. if the owner or devs are all newbie dont expect for that it can be scam.

Digitalbitcoin

hero member

Activity: 1568

Merit: 502

ICO is really a great source to get stake of any launching new coins. These coin owner distribute premined coins for market rolling to there ICO contributors.

ICO is stands for Initial Coin Offering. This may be free or paid depend up on currency and it specifications.

MarkWi1son

newbie

Activity: 23

Merit: 0

Quote from: camelson on August 23, 2016, 11:37:43 AM

Quote from: tokeweed on August 23, 2016, 08:37:09 AM

Quote from: shanem on August 23, 2016, 08:32:40 AM

I don't buy ICOs as the risk is very high. I would rather pay a premium to buy the coin in the open market.
At least, I can assess the coin to see if it is worth investing. ICOs is risky as you are buying with your eyes closed.

Yeah and even then it's still risky. Check out the orderbook of Lisk right now. Some whale is putting a huge sell wall making people dump their LSK. It's very irresponsible of the whale.

Buying after ICO ended and listing of coins on a Exchange site its still risky. I bought Papaf coin after its relaese, it was just one day old and had good volume i thought it will go much higher than this, but when i bought that coins for almost .4btc it went down too quickly and now its worth only .004btc lol

Quote from: MarkWi1son on August 23, 2016, 11:18:34 AM

Love ICOs so easy to make money

With which coin you made profit?

ETH, lisk, xaurum (today), getting ready for ICONOMI now

camelson

copper member

Activity: 1386

Merit: 1000

Quote from: tokeweed on August 23, 2016, 08:37:09 AM

Quote from: shanem on August 23, 2016, 08:32:40 AM

I don't buy ICOs as the risk is very high. I would rather pay a premium to buy the coin in the open market.
At least, I can assess the coin to see if it is worth investing. ICOs is risky as you are buying with your eyes closed.

Yeah and even then it's still risky. Check out the orderbook of Lisk right now. Some whale is putting a huge sell wall making people dump their LSK. It's very irresponsible of the whale.

Buying after ICO ended and listing of coins on a Exchange site its still risky. I bought Papaf coin after its relaese, it was just one day old and had good volume i thought it will go much higher than this, but when i bought that coins for almost .4btc it went down too quickly and now its worth only .004btc lol

Quote from: MarkWi1son on August 23, 2016, 11:18:34 AM

Love ICOs so easy to make money

With which coin you made profit?

Caladonian

hero member

Activity: 1302

Merit: 540

check for better back up and dev who's handling or creating the coin, as of know to be honest only stratis is the great ico coins for the past 2 months and still looking good 3 time of ico price.

Topic: Should we invest ICO? How to know that this Coins ICO is Scam? (Read 1728 times)