Guo in his latest intervies jokingly said that an ICO team of several Chinese plus a foreign guy is able to scam 100 Bitcoins with a 10-slide PowerPoint and 1000 Bitcoins with . All they have is just a concept, but ironically, more virtual, more attractive, just like religion.
http://news.8btc.com/chandler-guo-an-elaborately-made-powerpoint-helps-icos-scam-moneyHe also said it's never too late to invest in digital currencies, but just things that are taking the lion’s share of the media, never coins that no one but yourself have heard of.
There are many ICOS this days and this is very confusing as we do not know what ICO's and what coin are we going to buy. Shitcoins are widespread in the cryptomarket and there are some sites in which this kind of coins are rich. Shitcoins are not bad if you are careful since you can also earn big even if it is a shitcoin but the problem with shitcoins is that they never last long. So to avoid losing your investment and placing it under risk be sure to invest on trusted coins.
