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?
I think those who invested in crypto casino like NXT NEM ETH they are not regretting at all.
But like you see on top of top10 50% of them are some kind of ICOs.
Those coins live like other minning coins, mineable coins allso can go dead but with those from minning there is chance that after death
some whale will come and pump your coin while ICO once failed it will go offline forever.
There is many scams in crypto all is risky you have to think for yourself why that coin...
When i started i was thinking that PCC LTC DOGE will be worth something and after year those coins lost 80-90% Value so todays price is nothing
it can go down easslly but most likely coins from top10-20 won't be abandoned like rest
In crypto those who are 1st are winning so maybt if you know good trader insider just follow him probably he knows more people that you and jump his ICOs.
Scams are everywhere mined coins also can be scams like ICOs.
Fake ICOs are usualy:
- to good to be true
- promise you will be rich soon
- all are hypping thread for no real reason
- devs are avoiding answering hard questions and deleting them (there is site when you can check what was deleted)
important is to check what was deleted it will give you clue what is going on