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Author Topic: ICOs are a legit or Scam?  (Read 32131 times)
basyang
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September 08, 2018, 10:09:25 PM
 #1321

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.

There are lots of ICO's or bounty campaigns out there you just need to pick a right one. I can determine if its a legit or a scam in its announcement thread, what is the members point of view in its white paper it is a big help to read and understand all of they saying. If ever you joined in Bounty campaign then you feel it is scam then quit. You can also look for bounties in the legit telegram group of bounties.

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Question123
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September 08, 2018, 10:11:00 PM
 #1322

They have chance that you determine if the ICO legit or scam. By revieing all informatiom even white paper of ICO that you wanted to invest it is very helpful to you to invest to scam ICO. But it's not 100 percent guaranteed that ICO that you think is legit become successful everything is possible to happen and maybe even legit it will turn into scam if the team of ICO run investor money because they get millions of dollars. Invest wisely.
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September 08, 2018, 10:12:37 PM
 #1323

The best thing is to inform yourself, very few times you will see scams that are produced by hacking, a lot of them even try to steal your personal info.
tanjiran
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September 08, 2018, 10:47:11 PM
 #1324

Of course, it's legit, if you can choose and analyze ICOs that have great potential for success. If the project you have supported fails, then you can experience a loss. Join ICO is indeed a high risk, the time is also relatively long because if you want to get a large discount you usually have to join at the beginning.

pedropenduko001
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September 08, 2018, 10:58:09 PM
 #1325

I believe it's better if you research it by yourself because nowadays there's too many ICO that turn out to be bad and scams
so better do it by yourself
jpnl0002
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September 08, 2018, 11:08:44 PM
 #1326

Not all ICO s are scam there are still legit ICO out there but it could take some time to identify with them cause there are so much of scam in the system right now so thorough research has to be made to invest in the right ICO
briana samomingkir
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September 08, 2018, 11:23:34 PM
 #1327

The percentage between ICOs that are legit with ICOs that is a scam, it's actually almost the same. Because, the increasing demand for ICOs, making some rogue parties make it an opportunity for them to create a scam ICO for their own benefit by utilizing the weaknesses of the ICO community who are still weak against crypto knowledge. Always be careful and analyze first before you join the ICO, investigate the authenticity of their data until your data generates data that says they are worthy to follow.

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SindiRokRok
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September 08, 2018, 11:29:20 PM
 #1328

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.

not all ico is a scam, nowadays so many ico are scam but if you are careful and careful you will find good and successful ico.
Hivecool
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September 08, 2018, 11:33:27 PM
 #1329

Scammers have now learned to hide so cleverly for a good project, which is often incredibly difficult to distinguish. I would advise investing only in those projects that have a finished product, I believe
loof99
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September 09, 2018, 06:16:25 PM
 #1330

Actually half of the ICO are legit one but the other half of it are scams just remember this because the scammers are spread out to victim the innocents investors just be wise to be find out.
micknessjocular
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September 09, 2018, 06:19:07 PM
 #1331

there are a lot of scam ICO-s, but there are some "diamonds" with a really interesting idea and decent whitepapers, jsut DYOR always!
Netnox
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September 09, 2018, 06:21:23 PM
 #1332

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.

There are quite a lot of scams among the ongoing and upcoming ICOs, fueled by lack of regulations and lack of subject expertise. But at the same time, there are quite a few interesting projects out there, which look promising.
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September 09, 2018, 06:25:34 PM
 #1333

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.
I think both, because the ICO is a generic name if they use it in a bad way and go deceiving people with fake projects, team fake, etc ... But besides, there are a lot of good ICOs being implemented from good ideas that can be applied to life in the future

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fishycink222
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September 09, 2018, 06:31:28 PM
 #1334

there are a lot of scams due to how easy to collect money with this method, but there are a few diamonds out there which worth to invest in
alex_kir
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September 09, 2018, 06:33:03 PM
 #1335

Recently, very many countries say that holding an ICO can be considered not entirely legal, because so many countries are against crypto-currencies, but still most countries are still neutral about crypto-currencies.
uniquark
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September 09, 2018, 07:36:47 PM
 #1336

Recently, very many countries say that holding an ICO can be considered not entirely legal, because so many countries are against crypto-currencies, but still most countries are still neutral about crypto-currencies.

I think that countries are not controlling the money invested by crypto, so they prohibit it. What governments are concerned about is the amount of money they get from controlling their investments or profits from the trader, but that's not what they do.
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September 09, 2018, 08:02:22 PM
 #1337

There are a lot of ICOs out there and we cannot deny the fact the majority of it would be a scam or a no good project. So you have to be very critical and careful in making sure that you do necessary investigations and research before getting involve into any project. Take time in scrutinizing the project's whitepaper, know everything there is to know about the project, their vision, their team, the product and the road map. It is better to invest your time and effort on this step as a precaution, no one wants to invest into something, put in time, effort and your hard earned money for nothing.

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taktik
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September 09, 2018, 08:16:21 PM
 #1338

Recently, very many countries say that holding an ICO can be considered not entirely legal, because so many countries are against crypto-currencies, but still most countries are still neutral about crypto-currencies.

I think that countries are not controlling the money invested by crypto, so they prohibit it. What governments are concerned about is the amount of money they get from controlling their investments or profits from the trader, but that's not what they do.
if you think that the government can not control its companies, Then why do many put forward demands to provide personal data for adolescents?
pedpedped101
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September 09, 2018, 08:22:17 PM
 #1339

At first if you don't decide to invest in some coins you might not know if it's fake or not because you would want to focus on the once you're concerned about, so as to find the right once, good investigation is needed so as to find out the purpose of the coin so ad it's state of ground, the white paper will also help more. Though it's all about risk but you can make it minimal.
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September 09, 2018, 08:28:19 PM
 #1340

The best way is to reach as much informations as you can from different sources. Then you'll get an idea about a project.
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