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Author Topic: ICOs are a legit or Scam?  (Read 32131 times)
wakeham8
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November 07, 2018, 10:04:49 AM
 #1441

There are a lot of legit ICOs and some of the projects that are on the market are also scam. The only thing you can do is to invest your time and to make a deep research. To check the whitepaper, the team members and the product development status.
The trust scores you see are subjective; they will change depending on who you have in your trust list.
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mr.relax
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November 07, 2018, 10:07:26 AM
 #1442

No, there are some legit ones, many scams and most(huge majority) will not meet market demands(will fail for investors).
Only very few will bring profit for the investor.

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TpoJIb
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November 07, 2018, 10:10:31 AM
 #1443

At the moment you need to very well disassemble the project, before investing in it, I believe that there are good projects, and there are a lot of them.


LingoMaster
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November 07, 2018, 10:21:38 AM
 #1444

Study the ICOs yourself,

select the ICOs with product/prototype,
then study their whitepaper.

You can definitely get a better result from your investment.
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November 07, 2018, 10:59:41 AM
 #1445

In the ICO bounty projects being launched in the  cryptoworld , we can not deny that there are ICOs which are being promoted that are really a scam projects in the end ,  but there are also ICOs which are lauched that trully follow what are their platform of their projects and are being help to success by the members of the bitcoin forum, so not all ICOs are scams ,there are also true ICO projects.

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overnight03
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November 07, 2018, 11:10:14 AM
 #1446

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.
It's difficult to know about that because investment is always risky , but you should choose  projects that have a strong team , they will have more experience to make their project grow

clarkt
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November 07, 2018, 11:18:21 AM
 #1447

There is no oracle or tools that can reveal the outcome of any ICO to you. The outcome of an ICO is what determined whether the ICO is successful or it's a failed ICO.  However,  you must educate yourself on how cryptocurrency work so you could use your knowledge to come to logical conclusions about your decision to invest or not!

treatWy
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November 07, 2018, 11:22:28 AM
 #1448

Control your emotion.
Have patient.
Have the presence of mind at all times.
Search with high percentage of eagerness.
Look the roadmap, white paper and every necessary details about legit ICO.

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hanxinvwang
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November 07, 2018, 11:22:44 AM
 #1449

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.

Usually scam icos will have some common features, fake teams, no experience, white papers are full of holes, web pages are rough, and the way to sell tokens is not fixed.
And in more cases, you should try to choose those well-known ICO projects.

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Russlenat
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November 07, 2018, 01:32:35 PM
 #1450

Scams are everywhere, it is very risky to invest on any ICOs if you don't dig on its content but if you found a legit one then it surely a better profit for you if they reach its goals.

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jeronimosuykens
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November 07, 2018, 01:41:34 PM
 #1451

Depending on the country, but most of the ICO is not strictly controlled, so the amount of fraud ICO is increasingly rampant in the market, I find that now ICO fraud may account for 80% of the market This. So I no longer believe in ICO to invest
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November 07, 2018, 02:01:05 PM
 #1452

2017 is the best year for ICO, most ICOs reach hardcap in less than a month, and some ICOs that make me successful and make big money increases are: Chronobank, Omisego, Edgeless, Wetrust, Populous, Bitquence and so on.
primarydumz
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November 07, 2018, 02:03:43 PM
 #1453

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.


don't just invest any Ico you must need and full research when you want to invest in that particular project because of many scam Ico lurking nowadays. Its in your hands to choose the best one. Goodluck

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plr
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November 07, 2018, 02:05:04 PM
 #1454

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.

If you diligent research you will be surprised that so many of these ICO is a scam site, I don't know the right figure, but it could go up to 80% because of to many ICO coming in and so many new threads on the scam sections, this is one of the most active section here in Bitcointalk.
BobBct
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November 07, 2018, 02:05:33 PM
 #1455

It depends on what ICO you are looking to. because there's still alot of good ICOs out there that i wish had more attention to rather than having more attention on scam ICOs and beginners can't tell what's a scam and not a scam ICO. but some are pretty obvious.
Bagani
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November 07, 2018, 02:07:59 PM
 #1456

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.
Its hard to say this but almost 90% of ICOs are scam based on my observation. But still there are 10% of ICOs who are legit and want their project for long term development. As for me, you can see a legit project, if you see them on a blockchain conferences or any public events. In that way, they are very active spread the purpose of their project.

kiemnhieutien
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November 07, 2018, 02:10:43 PM
 #1457

There are many scam ICOs now, but there are still a lot of good and legit ICOs. So, do your own research is important. If you're going to invest in an ICO, research and find information about it, about team, are they legit and experienced. Check their whitepaper to see how its good. 
trash321
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November 07, 2018, 02:16:22 PM
 #1458

The situation and the question completely depends on what country you are in, because it is from this that the correctness of how situations with cryptocurrencies and ICO will develop, because the laws in different countries are completely different with respect to cryptocurrencies.
ADgordo
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November 07, 2018, 02:21:45 PM
 #1459

70 percentage of icos scam and the other 20 percentage of icos dont need to use blockchain in their systems so only 10 percentage of ico is valuable and quarter of them doing good roi.
So it is hard to analyze icos and that is risky investment in bear market. But if you want to invest you need to do your research about their project detailly.

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begau
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November 07, 2018, 02:23:42 PM
 #1460

In my opinion the current ICOS strategy is legitimate because it has the organizational scale and plan of the project ro. But besides that also the scams ICOS strategies. Important ICOS strategy That's fine and the purpose is not so you have to have a good look.
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