winspiral
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Activity: 1778
Merit: 1026
Free WSPU2 Token or real dollars
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August 21, 2017, 08:36:35 AM |
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I have often invested in ICO, but too many SCAMs in the ICO world, especially now ICO is like dust grains. Let's discuss for a good ICO and not a scam, so we can enjoy the investment results
Always do your own research,before sending your money to some strangers you better research the project a lot, if you're not able to evaluate the project technical merit by reading the white paper you better stay away from those kind of investments. People see scam every where even there where scam does not exist... Be aware that often you go away good oppotunities and all the people missleading you will vanish... |
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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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Diced90
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August 21, 2017, 09:03:53 AM |
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If these scam ICO's continue we should expect these upcoming projects to go through some sort of project screening to valuate if the project can hold up its promises in the short run for the first part of it, but i know there are still genuine projects out there worth investing in...there is still hope.
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rumex
Member
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Activity: 112
Merit: 10
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August 21, 2017, 09:09:44 AM |
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The best we can do for ourselves is to continue to expose all of the scam project that is confirmed. Once we all do that then automatically all scam projects are blacklisted. Also we need to identify the team behind such project and avoid all their future projects.
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leea-1334
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August 21, 2017, 09:14:22 AM |
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I have often invested in ICO, but too many SCAMs in the ICO world, especially now ICO is like dust grains. Let's discuss for a good ICO and not a scam, so we can enjoy the investment results
Always do your own research,before sending your money to some strangers you better research the project a lot, if you're not able to evaluate the project technical merit by reading the white paper you better stay away from those kind of investments. This is absolutely true for avoiding complete scams that disappear with your hard-earned money. But you know what? If you look at those ICOs with so-called reputable people, good background and amazing technical details, many have also become abandoned or have lost a lot of their original value. And some who don't have real names of people, no real product, etc. are doing so well. I tell you this. ICOs are too much gamble at the moment. |
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machinek20
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August 21, 2017, 09:33:51 AM |
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unfortunately there are no way to know the ICO whether scam or not, you can search for information about the coin developer, the marketing team and everything, but that still cant guarantee it will avoid you from scam, and up until now I only can guessed which one is the legit one
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Stavri
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August 21, 2017, 09:34:22 AM |
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I have often invested in ICO, but too many SCAMs in the ICO world, especially now ICO is like dust grains. Let's discuss for a good ICO and not a scam, so we can enjoy the investment results
Yeah there are so many scams. It is really hard to find the good icos. But what i dont understand is even the most careless prepared projects without any reference and unknown team can easily collect thousands of ethereum which means millions of USD. They are able to scam on investors with a simple web site, a whitepaper and good bounty program. |
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VFabio
Newbie
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Activity: 54
Merit: 0
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August 21, 2017, 12:28:49 PM |
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Too many scams... Or too many greedy people trying to make speculation profits.
Without people investing in scam there wouldn't be any. You don't get pulled over the barrel, you let somebody pull you over.
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Waldozaur12
Legendary
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Activity: 1223
Merit: 1000
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August 21, 2017, 01:43:52 PM |
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I have often invested in ICO, but too many SCAMs in the ICO world, especially now ICO is like dust grains. Let's discuss for a good ICO and not a scam, so we can enjoy the investment results
Hello! We understand your frustration. But don't lose your interest and motivation! Every month we see projects with real products that deal with real problems. You just have to keep looking! And on a side note, let me tell you something, since the very foundation of our project, as a core team, we set a goal for us: no matter what happens with the ICO, no matter how much money we raise, we want to finish our product. We want to bring to the world because we believe in it and it's perspectives. |
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themathiasmiller
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August 21, 2017, 01:52:02 PM |
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Too many scams... Or too many greedy people trying to make speculation profits.
Without people investing in scam there wouldn't be any. You don't get pulled over the barrel, you let somebody pull you over.
Exactly you won't get scammed if you won't allow people to scam you. What I'm trying to say is if you will do your research and not go for coins that will give you impossible amount of profit in just a little time then you and your money will be safe. |
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TonixGaming_14
Full Member
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Activity: 329
Merit: 100
AGATE
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August 21, 2017, 01:54:55 PM |
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Well, there were also many good ICO that could earn a lot of money. Adex, Tenxpay example. Coming soon Comsa.
It is a good new to here that we can earn lot of money but we cannot say that we earn will be vanished. |
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shimbark123
Sr. Member
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Activity: 574
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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August 21, 2017, 01:59:07 PM |
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Well partly it is your fault because you did not first know the capabilities of that project you are investing on. You should first read the whole whitepaper of that ico, so that you will get away from that so called "scam." Also try to have someone to signal you to buy that coin.
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bhoybitcoin
Full Member
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Activity: 336
Merit: 100
“Join The Blockchain Revolution In Logistics”
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August 21, 2017, 02:05:40 PM |
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Its best to use Google and search if the ICO is a scam or not. My friend, you have to be careful. You need to use your entire resort to know if the ICO is legit.
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Mallyx
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August 21, 2017, 02:10:40 PM |
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I have often invested in ICO, but too many SCAMs in the ICO world, especially now ICO is like dust grains. Let's discuss for a good ICO and not a scam, so we can enjoy the investment results
Except for some obvious red flags, how can you know ? Too many scams... Or too many greedy people trying to make speculation profits.
Without people investing in scam there wouldn't be any. You don't get pulled over the barrel, you let somebody pull you over.
This. The issue is not the scammers, but the peoples getting scammed. |
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KluFf
Full Member
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Activity: 336
Merit: 100
Alfa-Enzo: Introducing the First Global Smartmarke
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August 21, 2017, 02:21:12 PM |
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before you click OK.
in investing ..
Ask some People here in Bitcointalk
if they know where to invest so you
wont be scammed
then check the reviews ..
don't be easy go lucky.
just be carefull next time.
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bravehearth0319
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August 21, 2017, 03:05:03 PM |
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I agree that there are a lot of ICOs lately and it's possible that some of them might not return the investment, but the right ones can pay you for all the rest and much more. It's a high risk - high reward investment and I'm afraid that it's not possible to reduce risks with the same profit possibility and pick just the winners.
I definitely agreed that most of the ICO project are scam, but I noticed something in the ICO that almost ICO token under by ethereum are mostly became successfull after the whole campaign end. And got their earnings in their to that ICO, Meaning those ico whose under ethereum erc20 are good to participate anyway. |
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Uhde
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August 21, 2017, 03:16:26 PM |
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I agree that there are a lot of ICOs lately and it's possible that some of them might not return the investment, but the right ones can pay you for all the rest and much more. It's a high risk - high reward investment and I'm afraid that it's not possible to reduce risks with the same profit possibility and pick just the winners.
I definitely agreed that most of the ICO project are scam, but I noticed something in the ICO that almost ICO token under by ethereum are mostly became successfull after the whole campaign end. And got their earnings in their to that ICO, Meaning those ico whose under ethereum erc20 are good to participate anyway. I agree more or less. It is risky but you can get good returns at the end. Actually we should ask what does investor want. A valuable digital coin or a good project. Because even some scam project had valuable coins and investors got very good returns. On the other hand there are some projects with a very good team and good ideas but the digital assets they distributed are not valuable at all. |
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Pamadar
Legendary
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Activity: 2982
Merit: 1028
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August 21, 2017, 03:26:52 PM |
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Well partly it is your fault because you did not first know the capabilities of that project you are investing on. You should first read the whole whitepaper of that ico, so that you will get away from that so called "scam." Also try to have someone to signal you to buy that coin.
that should be considered its our own money so better to research deeper before taking the risk as many project become scam its better to take this precaution look who's behind the project and make sure that they are trusted people that have real identity so they can really answer if failure happens. |
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Morphling
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August 21, 2017, 04:04:10 PM |
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the market is so hot that everyone wants to earn quick money from it, not only the investor but also the team, so they raise money with just an idea and when they get money ,they will not do real work, thats why so many scam
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Karmakid
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August 21, 2017, 04:07:15 PM |
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I have often invested in ICO, but too many SCAMs in the ICO world, especially now ICO is like dust grains. Let's discuss for a good ICO and not a scam, so we can enjoy the investment results
I really have no idea on which ICO is best to invest to, but I think you should consider the bounty manager, the team, and developers who are in the project. Most likely those who already have established their name would less likely SCAM people because their name is on the plate. Just check thoroughly before investing. |
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