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Author Topic: Should we invest ICO? How to know that this Coins ICO is Scam?  (Read 1672 times)
camelson (OP)
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August 22, 2016, 07:07:47 PM
 #1

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?
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August 22, 2016, 07:39:24 PM
 #2

Use http://icocountdown.com because I actually do due dilligence on projects.

https://medium.com/@icocountdown/

https://www.youtube.com/channel/UCOu5mkF_NczLQzICINvzr9w

Wink

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August 22, 2016, 08:03:19 PM
 #3

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

Request / 26th September / 2022 APP-06-22-4587
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August 23, 2016, 12:17:27 PM
 #4

Check out Victoriouscoin they had a unique plan and ready projects available although their Interactive Coin Sales is still ongoing,so far this crypto currency is delivering while we wait for others to do so.

http://victoriouscoin.site/

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August 23, 2016, 01:32:40 PM
 #5

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.

     

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August 23, 2016, 01:37:09 PM
 #6

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.

R


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August 23, 2016, 01:41:14 PM
 #7

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.

maybe it is time that you stop investing in ICOs!

Quote
Should we invest ICO?

well, ICO itself as the definition of it goes, is not a bad thing. and it actually has the potential to help the project and be a real constructive thing. but sadly it is being abused as a means to scam.
so answering to this question is a bit hard but I can say no, you shouldn't since you will regret it after a while.

Quote
How to know that this Coins ICO is Scam?

this is the hardest thing, maybe it is just me but I find it a gamble to invest in these ICOs especially these days that every scammer out there thinks altcoin scene is a way to make a quick buck.
but generally you should check out the developer and his history and also the project that he is managing to see if there is any hope at all for it to rise or not.

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August 23, 2016, 01:49:26 PM
 #8

It is a risk, there is no way to know for sure if there is real development behind many of these ICOs and those that you think have some substance hurt the most.

A lot of the time you can pick up coins at the same price if not cheaper than the actual ICO once it hits an exchange as many people who bought into the ICO will be looking for a quick profit and dump there coins pushing the price down.

There will be a hidden gem of a coin behind an ICO if you are lucky.



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August 23, 2016, 02:01:23 PM
 #9

if I want to invest into an ICO,i'll first see who's get involved into the project,if the person were proven trusted or just trusted enough maybe I could get in but sometimes,just see the past of the developers,if the developers were new I won't take a risk,but if in the development some veteran was getting involved even there's some new developers it's could be an exception

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August 23, 2016, 04:18:34 PM
 #10

Love ICOs so easy to make money
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August 23, 2016, 04:21:27 PM
 #11

for each premined altcoin is scam so don't invest at any ICO/IPO.
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August 23, 2016, 04:33:42 PM
 #12

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.
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August 23, 2016, 04:37:43 PM
 #13

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

Love ICOs so easy to make money

With which coin you made profit?

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August 23, 2016, 05:14:57 PM
 #14

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

Love ICOs so easy to make money

With which coin you made profit?



ETH, lisk, xaurum (today), getting ready for ICONOMI now
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August 23, 2016, 05:17:27 PM
 #15

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.
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August 23, 2016, 05:33:51 PM
 #16

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.

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August 23, 2016, 07:44:06 PM
 #17

ICOs are what push forward the limits of crypto.

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

Ubiquoin ANN Thread: https://bitcointalk.org/index.php?topic=1524644.0
Ubiquitous + Coin = Ubiquoin @ ubiquoin.com
nayanmehta
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October 18, 2016, 07:15:13 PM
 #18

how to get the news .. that ico will come?
Hoor
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October 18, 2016, 08:46:46 PM
 #19

if you do not have a good knowledge about  a coin you should not invest your assets there.
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October 18, 2016, 10:52:29 PM
 #20


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
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