Topic: Why do investors want to buy ICO even they know there are a lot of scammers? (Read 706 times)

Most of the projects Altcoins will be dead in 1-2 years. But of course there will be those who implement their ideas and succeed. It is important at this stage to identify these projects, to invest in them more

In my experience, because ICO is a shortcut to generating profits in crypto investments, the profits given by ICO can multiply if the project is successful and the price increases in the crypto market. ICO fraud can be avoided through research on the ICO and trusting experienced ICO managers.

Because it's still a good investment object. Despite the market is up or down there is still point in investing in it. Banks the least place to keep your money in as there it's only shrinking while  being still. So better to invest it in something then slowly loosing it.

Because they're lazy ). They just need to spend few minutes to send their ETH or BTC to investment address then all they have to do is waiting till ICO ended. But you should know that investors always have their own way to find out good ICO projects and scammers so they know which one is good to invest in and it's the main reason why investors keep investing while there are so many scam project

The reason is the same as in IPOs and kickstarter, everyone wants to get in the ground floor of the next big thing as in regular investment, most of them fail. This not only the problem of ICOS, it is the same in other fund rising startups.

Investors split their investment in 10 projects and they recover all there investment and profit from one project, In share market also investor recover all there investment from one projects and not from all projects.

Split make a better investment

No one invest money without knowing the advantages and disadvantages in ICO's. Investors research on every ICO's and they check their previous projects and success. When it comes trading they will be very careful, their motto is to get profit until the token value increases they will hodl it patiently they are super power of trading. Mostly they plan for long-term investment and get a good return of investment.

ICO's last 2017 could easily return 10x on your initial contribution once the token hits an exchange. That's the reason for the ICO boom last year.
This is not the case now due to the bear market. Even ICO's with good teams are struggling to meet soft cap.

I believe that the investors has a big hope on the project they invest on, even though there are many scam project looking for their prey.
And perhaps the investors already making sure that the project they invest on is the real legit project.

Its the same thinking why people still invest on those 2% per day investment schemes. As long as they are paying they go for it. They have separate funds for those kind of scams and they are ready for it. To those who invest in ICO's, once the token is listed in exchanger's, they sell right away to gain back what they invested. The problem is if the token got listed, what if its not listed, that's a big problem.

People keep investing in icos even if they know or they should know that most of them are scams, but they do it because they're greedy, they just want to invest a few hundred dollars and multiply that money many times over, this can be extremely attractive for people that have a very low amount of capital because it will be impossible for them to obtain meaningful profits if they invested in any other market other than this one.

Every ICO investor will know the characteristics of a project that is scam so they will research carefully so as to avoid fraud. Investment at ICO at the moment is not promising, many tokens have high prices during ICO, but when it has been listed in several exchanges the price has dropped dramatically. I think they choose to invest long-term for a new project, because they believe when market recover the price of tokens that he holds will rise dramatically.

I think it is not just the project that they consider why investors are still investing. It is because of their passion and who they really are. Investors are almost the same as entrepreneurs who are willing to risk their money for the sake of profit.

Icos are very risky. You are right about that. But people can earn very fast and big amount money from icos if they decided to invest in right ico. Because of that too many people trying to their chance about icos and they are investing. We can not be sure about icos. We are only looking their whitepapers and websites and we dont know more than that. But people is taking these risks for earning big amount of money.

This is related to the history of cryptocurrencies, and you can observe the cryptocurrency market in 2017. Ethereum costs only $11. Yes, this is true, but at the end of 2017, the price of Ethereum shocked cryptocurrency investors around the world. I have to admit that Ethereum created the myth of ICO, but the myth is time-limited. Extreme conditions will make Ethereum quickly depreciate. Humans are often crazy about pursuing interests.

I think the investors still learning about every ICO projects and if they found that there is a good ICO and it's profitable, I think they will buy and keep the tokens for a long time. I don't think that the investors want to spend their money without they know the advantages of one ICO because, in the end, they want to make a profit in a short time and in a long time. So it does not surprise me if there are investors that still buy the tokens because I am sure that they have a reason why they bought the token.

many of the scam but that does not mean completely scam. There are still many ICO can be utilized and could produce. certainly, investors are confident that Crypto has a future and potential, in the long term, they will search from the results of the ICO. needed in these times is looking for the ICO could be believed that it was ICO which is nice.

This is not an investor, it is a group of gamblers. Because of the myth that ICO created in 2017, they want to make a fortune with a small amount of money. This is stupid. It is very difficult for such a dark horse to appear in the cryptocurrency market today.

It's really difficult to choose ICO carefully, since most ICO, even scam ICO looks really legitimate for investors to notice. ICO is one of the best time for investors to get decent amount of coins or tokens at cheaper price. That is why some are risking their money, expecting that they will get some decent profit from it.

Because there are many good projects' has also present here. And these project looks profitable for every investor. And they know the real value of an ICO. As investors everyone looking for the profit. That's the reason they still want to invest in ICO's.

I think it is a part of being an investor with a risk to lose or a chance to win mentality!
The thing is if the ICO is good with a great product in place and solid team, it has a good chance to be a winner. But, in the long run or short term? You have to find out. Good ICOs I like similar to the upcoming ARROUND project is very good with a chance to be a winner, simply because of its product and team..

This is my opinion as a non investor, I think the investors still have faith in cryptocurrency that they think it will change the future, and they are sure on the project they invest in aren't a scam project that will just taking away their money.

Check out this article to help choose the right ICO

The Evolution Of ICOs: What’s Changed?

https://medium.com/financex/the-evolution-of-icos-whats-changed-f3171201f7ff

you ask, and have answered it yourself.
what you say is the answer to your own question, when you invest in the past year with a profitable project. of course you always expect to invest in other ico, but the current situation has a very influential role in the market besides being just a scam.

profit will only come with risk. if you dont willing to take risk, there will be no profit. even for scammer, they too taking risk. building up a fake ICO too require money. if no one investing, they too on the risk of losses.

When talking about the results of any risk that exists is not a barrier. Indeed the scammer is pretty much in the crypto included in ICO. but on the other hand, it remains good projects to be followed where the ICO became a field that could produce a profit in quick time. the problem for this is knowing the ICO to follow.

Because most investors understand that you can make a good profit on ico, namely, if a large investor comes into any project at the pre-sale stage, it receives a good bonus and even if the project does not achieve its goals, it returns money, so in this situation the investor doesn’t does not lose, and in case of successful sale of a token project, on the contrary, it makes a profit

The thing is that not every investor should even be considered an investor, simply because a whole lot of them never even had any experience investing and like you said, they just heard with ICO you can make shit tons of money and they just hop into it, without even asking questions, no knowledge and they are just looking for the idea of making that quick money.

In the end, when they realized they have been getting it all wrong, it was too late. Find out today, you will realize a lot of people who have been investing in ICOs, don't even have an idea what due diligence is all about, let alone, even know how to go about it.

Apparently, no one will know they are investing in a scam and still end up investing in it anyway, it is just the mindset a lot of people bought into the space, laziness to learn and look for information, not even knowing what to look out for before investing in a project, and then a lot of scammers capitalizing on that.

It is just like in the real world, when you do not get yourself familiar about an investment, you do not know the risks involved and how to manage it with knowledge; you will always hit that point where you will just see yourself investing in every shit coin you can think of. Laziness to want to learn and the eagerness to want to get rich quick is what has led so many people into where they are till date.

ICO is a very violent investment product. You have to know that many coins such as ETH, XRP, etc. are very cheap at first. So ICO has poured into a large number of investors, and they all want to get rich overnight. I have to say that Bitcoin does create a miracle of finance.

I think it's all about excitement. People just want to put money somewhere and win millions. It's like roulette, only a little more complicated. IMHO

There's nothing wrong with investing in an ICO. The most important point is to research the project first. When we are sure that the project is potential, the team is good, then why don't we invest in it?

Because if you invest in a quality ICO, the profits turn to you will be much bigger than other investment types. As they said, higher risks, higher profits. So, what is vital, do your homework, researching carefuly before investing.

Many has had significant profits from ICO and have developed some interest for it. However, despite the numerous scam projects out there, there are equally legit ones and so why not take some risks.

In my opinion, I believe that there are still good and promising new ICO's in the market. There are still many people who believed that there is still a good ICO coin that could give them good return of investment and a bounty campaign to participate. I also believe that to be able to get a good ICO, try to do more research and make some comparison with the other new ICO in the crypto market and select the best among the rest of the promising ICO.

Investing in an ICO is only suitable for long-term investment. You will not be able to make a quick profit with the current market. Prices will definitely fall and in the early stages you will be at a loss, most investors now choose good projects and invest it and wait for the uptrend market

The reason is the same as in IPOs and kickstarter, everyone wants to get in the ground floor of the next big thing as in regular investment, most of them fail. This not only the problem of ICOS, it is the same in other fund rising startups.

they invest they either not know it is a scam or they have done their research. during ICO the bonus is high and the early to invest get most. many investors research for a good ICOs that is why there are still many investing but this past months crypto is not good so there are many that stop investing and just waiting for opportunity.

Everyone wants quick and big money. Therefore, don't pay attention to the risks and invest.

Icos are not going to be out of fashion anytime soon and people will keep investing in them because many have made 10x, 100x and even 1000x with some icos, so the profit potential is huge that no other traditional investment provides that is why icos are here to stay.

I think that there are still those who want to get rich quickly by investing in some project that they think is good. In fact, the situation with the ICO is very sad now.

ICO are changing and there is no doubt about this!  The future of ICO will feature a lots of improvement and safe guard investors as regulation become part and prerequisite for ICO funding!

The reason is simple. Not all ICOs are scams. Even if there are maybe just 5% genuine ICOs which tick all the boxes of a "great" project, the profit potential is huge. A "great" project has a great team, concept, MVP, marketing, businesses partnerships etc. So ya, if you think an ICO is building something new, innovative and most importantly useful for the "masses"; then it is definitely worth taking the risk. Although, you might want to do full research to minimize your risks.

The thing is that the investors realize that there are lot of scammers but the thing they also realize is that if you ever want to make money as an investor then you have to be willing to take a considerable amount of risks and that is why you see that despite the many scams in the market, there are still a lot of people putting iin money into icos.

Investors are not relying on some shills. For every coin you must do great amount of research, and for ICO be sure to investigate team.
Serious investors are getting face to face with team on blockchain summits or on some other ways.
There are always some great projects and always will be. But there will always be stupid people who goes for some shitcoin shill and lose their money.

Icos are fascinating and attracting business model and profits are enormous many saw such profits in the past so most of the crypto investors are attracted towards ico but some icos are scam we should be carefull

The answer is simple , investors wants to have quick gains and run away. If people see any light above the dark, or  they think they see something other people do not see;  they feel like catching a wide range opportunity to gain then they will risk more money on any of the ICO.

Because ICO is one of the best way to gain huge profits on investment but in at that since their have been lots of scam ICO this day we should always take out time to study projects carefully before investing in them and also try not to invest in one project cause we might not know the one that will pay off. ICO is a great way to make big income with little investment if it turn out to be successful.

Investors always looking for money so they will try to invest on anything which claims that it can give much profits but there are scammers using their greed to make money by scamming them from introducing ICO sale.But nowadays the investors are getting decreased due to more scam projest so in future we may have very less bounties and ICOs.

Because they wanna earn money and not all ICO are scam . Of course I know that number of scam ICO projects are great but there are still so many good ICO projects to invest in but it's not easy to find out so don't ever ask a stupid question like this again in the future .

Of course it will bring a lot of returns to the investor if the ICO is good and its price increases after being listed at the exchange. But that was the case last year and now no one is interested in investing in the ICO

This is obvious. Most people can not be called investors, because they do not even analyze the project before investing. According to yours, if among projects there are a lot of scam, then you cannot find a good one and make money on it? You're wrong.

I have never invested in ICO, because it is not my field of activity and I do not have such capital. But I see that many people are investing. So there is a benefit for them. Although there are a lot of Scam projects, ICO does not lose its appeal.

Investors understand the game of risk. They know that if they want more, they must surely risk more. Though ICO investment are not that encouraging now but there are still few of them that can scale investors through.

ICO is an investment which is promising and can give you a lot of profit. outside of the scam, the ICO has been a lot of evidence that this is quite a productive results. Although this year the ICO look bad of course there is still the ICO that does deserve to be followed for investing. How to choose and selectively resides just to get the ICO like this.

I support your reason and it is very valid. Again they come to invest in ico because they believe it will go higher when it gets to the market but unfortunately, sometimes it is not so. They scam investors and delete every communication avenue.

First, i want you to know that not all ICOs are scam and that does not mean there are no scam ICOs.
Another things is that most investors these days invest wisely, except for some very few of them, who do not care to do their research on projects before investing into them.
Also, we cannot be 100% sure of the sure of the success of a project, so we invest only what we can afford to loose.

I think the main point is that they trust the ICO to do well before they think if they are scammers or not.
I have seen many people invest into ICO's without even checking who the team is behind the project. If you do not check who the team is and even if you check and do not know what the team behind has done so far in their life than you have no idea what you are investing and there is a huge chance of getting scammed.

Whenever I invest on any ICO I try to find the team members and try to see who they are and what they have done with their life and what they achieved and if they look like they are really good guys that managed to make big things happen before this one than I invest. For example if Vitalik is part of a ICO one day I will definitely try to wait for him to say something about that ICO and not accept that he is part of it just because the website says so.

Well actually not all investors understand all complexity of a situation and many only came to this market having heard from someone that here it is possible to earn much. No one learns from the mistakes of others

Because so many people become risk taker, we can see also many people take others big risk like by in jump in to margin trading and playing casino. Because taking risk is apart of success, and no body will make huge money without take any risk.

There are two reasons why people still invest in ICO, first, they have researched the project and find that the project is a potential project (not a scam). Second, they don't know whether it's a scam or not so they just invest without knowing that thing.  We have to research the project before we invest, that's the most important thing to avoid scam.

I think now is not the right time to participate in the ICO development project, because there are too many ico projects that lead to SCAM,buying at the time of distribution of the bounty may be much better

It is less likely to make a profit through ICO, the potential of the project is good but after listing on the stock exchange the price drops, because here are not only problematic ICO participants, but most of the projects are always obscene in terms of treating investors. if it continues like this, I think one by one investors here leave the crypto community

Ofcourse they want to try their luck.
people buying from ICO can be profited more than thousand percent if the project is really good and growing

Investors are buying ICOs despite the existence of scammers because of various reasons, firstly investors are optimist about crypto and won't do anything less other than keeping investing by being selective about the tokens they buy and secondly all investment has its own risk and crypto is not left out with it's volatility and it's artificial problem scams. And lastly investment in cryptocurrency is lucrative so every investors is willing to unlock the potential of cryptocurrency

If you invest in ICO and the project is very potential, so as many investors put their money in the project, then you will get a big profit. A new token that has been listed in several exchanges will usually experience a drastic increase and you can sell when that happened. Not all ICO projects are scams, depending on your seriousness in choosing a project that is truly legit. An experience will give you a big profit when investing in an ICO, but if you don't have an experience then you will say the ICO project is a place to spend money.

There are a lot of scammers everywhere anyway. And ICOs are still one of the most profitable investment opportunity available when chosen with a little research and wit.
In every business and every fields there are scammers. The only difference between real world and crypto scammers is that it is difficult to identify the scammer if they don't provide their identity.

Not all ICO companies are scammers. And if you look at it, then 30% still work at a high level. And they bring not a small profit to their investor. The main thing to find them, but it is not so easy.

Well, let us not forget that ICOs at one point have brought very substantial profits to many years ago before these scammers have ever found their ways through ICOs. We cannot take this fact from people’s mind specially from those who’ve experienced good benefits from it and besides people’s are still hoping and taking chances and risks that somehow they will hit the bull if they find a good one every time they try to invest in NEW ICOs.

once again, many people who finally got stuck with the rewards offered, they didn't know it was a scammer, all they did was look at the rewards and see some interesting reviews about ICO

That is because that even if there is always the risk of losing their money they know that there is always the possibility that they are going to make a lot of money from the coin. It is part of being an investor, there is always risk, that is why people are always advising newbies that they should only be investing with money that they know they can afford to lose

it is the promise of big profits that the ICOs give. and sometimes they deliver some part of it and sometimes they just get dumped. so people still continue to gamble with them.
and also it is about all the free token giveaways, airdrops, bounties,... that is attracting the newbies a lot more than it could normally do.

ICO is not the only way...
monitor ELICOIN in livecoinwatch for example it's not a ICO or bounty or other similar rubbish...
with research you can always pick one of hidden gems for the next bull run...obviously you can't expect a big grow in % of price in the top 10 o 50 coins...for this you must always do your own research...I don't know when the next bullrun will start but this time I want to make good profits with low marketcap coins...
there are a lot of coins with small market cap ,mining pow, no premine, limited supply, active dev...a coin similar to litecoin,vertcoin or viacoin...as I just wrote in another thread I regret I did not get bought coins like litecoin,vertcoin or viacoin when they were very very low in 2015...today before it's too late I'm continuing to buy ELICOIN mined with CPU ( so it's accessible to all ) for example...only trade it on Crex24 for now....i think it's a good "lottery ticket" to buy for 50$ or 100$ before it's too late....this is the secret....do your research...

Because there are legit ICO's that gives a good profit on investment.
There would still be some chance for even the experienced of investors to fall for a scam as scammers are getting professional.
But even with the lost money on scams, the profit from legit project covers it all.

It's better to give many options than only one. There is the website you can follow to get the updates about the latest upcoming ICO. This will save your time to analyze and search a particular ICO.

I have two websites for you that will help you to find proper ICOs at present and in the coming future.

Coindelite

Coindelite is the most delightful media channel to get you the Latest Bitcoin News, Cryptocurrency News, and ICO Press Releases. Check updated ICO list, Live Cryptocurrency price charts, information Cryptocurrencies and real-time market data.

It is the only web platform that includes information regarding live cryptocurrency price charts, Bitcoin price trends, favourability and unfavorability of a trade, Complete list of ICOs, their scopes and functions, Rates of various cryptocurrencies according to distinguished crypto-exchange platforms, Real-time Market Data, Worldwide press releases, Bitcoin and other cryptocurrencies’ news, Blockchain and ICO Events, leading cryptocurrencies’ lists, and list of Top ICOs (Initial Coin Offerings), etc.

Coindelite through i came across incodium


There are a lot of ICO right now in the market but to find the Perfect ICO is difficult as there are many fake ICOs are going on. So while searching for ICOs I came across a website named Coindelite where I found many Interesting ICO but I found one ICO which has got great potential. The ICO is called INCODIUM.

Incodium aims to revolutionize the way compensation is provided through a simple, transparent and actionable platform. Their “Smart Compensation Protection” service determines the extent of the loss occurred and the amount of compensation that needs to be provided.

The compensation amount is calculated using these three parameters:

1. 30 times the amount of Incodium coin owned

2. 10,000 USD

3. Actual damage

The amount which will be compensated to the user is the lowest out of the three mentioned parameters.

You can also download their official white paper from the official website: https://incodium.io/

If you want to know the latest blogs about ICO visit: https://listofico.com/

To find more interesting ICO visit: https://coindelite.com/

ICO is the only way to get decent profit instantly. they have been doing a lot of research before try to invest in the ICO, i guess these investors are looking for the ico that has been getting support by RSK.
Remember those have been getting more than 50x from one ico just like ONT. that's the point why these guys never feel worry about that

  I was always wondering about it. I know that no one wants to lose their money in investing . Everyone is investing in ICO  simply because they see the potential of the project.They expect the price of coin will increase after being listed on the floor. And so, they decide to invest with the expectation that the coin will bring them profits.
   In addition, ICO is a form of investment that gives individuals great opportunities. If only Angel Investors or Venture Capital Funds had invested in startup projects at an early stage, So far, the ICO has allowed all individual investors, with a small cap of just $ 100, to be able to participate.Investments in this embryonic stage will of course be risky. However, if you are lucky to find the next Facebook, Amazon, Google … next, the money you earn will not less.