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Author Topic: ICOs are a legit or Scam?  (Read 32131 times)
deppil
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January 03, 2018, 02:15:40 PM
 #261

You have to research a lot to find good ICO's.

it is hard but not impossible to find a good project that has high potential, it is just harder because of the sheer volume.
many ICO get a price lower once they are listed.
so from that do research to find which ico really want to run and realize their project. so if that ico already launching usually that coin will listed in an exchange and you will profit because the price in exchange will usually be higher than when you buy it while still ico. but of course there are some ico that are scam. therefore research first is the most important thing
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NuttyOrange
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January 03, 2018, 02:16:49 PM
 #262

Right now there are many ICO's which are considered as scam. But still, there are few that are legits. I guess you will just have to identify which one is a scam and which one is legit through there goals and visions.
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January 03, 2018, 02:16:53 PM
 #263

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.
They say that many of the ICO are scam so I can consider that it is risky to invest our money to the ICO. I prefer to you that before you invest your money to the different ICO you must have a lot of knowledge.

If you are going to think of ico's that they are scammers, They are scammers if you are going to invest but always think that their coin does not really have always the chance to grow its value. Next thing is that most of the campaign are scamming like they are not giving the exact amount of payout that they should at the end of the sale.

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January 03, 2018, 02:23:32 PM
 #264

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 personally feel that the ICO is a dupe, because many listed companies don't have a few hundred million dollar value, why does a startup need so much money?

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January 03, 2018, 02:24:10 PM
 #265

many people who have fell victim of ICO scam in the past will surely tell you ICO is a scam but you need to know most of them are not scam. this days many ICO are unsuccessful because of common ideas e.g Real estate ICO (many ICO with this intention have been launched in the past), coin exchange ICO. you we realized that many of the project get dump easily after crowdsales. in order to run a successful idea, you must think outside the box and that is exactly what swissborg is doing now.
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January 03, 2018, 02:25:39 PM
 #266

Some of the scammers use the ICO projects right now. Once they reach the target amount of investment they will just stop and fade away. So I guess better to do research first on an ICO.
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January 03, 2018, 02:40:35 PM
 #267

Many people who are cryptocurrency enthusiasts wanted to invest or join ICOs. Some ICOs are profitable, some are not. Some are scams and some are legit. I think the proper way to be not a victim of scammers is to search more about that ICO. Read more about them and analyze. Decide whether it will be a good one for investment or not. Try to ask in some forums so you will know more about that ICO. If you really want to invest on ICOs, you must have courage and acceptance because there is always a risk on joining ICOs and even in life.

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January 03, 2018, 02:59:40 PM
 #268

Many people who are cryptocurrency enthusiasts wanted to invest or join ICOs. Some ICOs are profitable, some are not. Some are scams and some are legit. I think the proper way to be not a victim of scammers is to search more about that ICO. Read more about them and analyze. Decide whether it will be a good one for investment or not. Try to ask in some forums so you will know more about that ICO. If you really want to invest on ICOs, you must have courage and acceptance because there is always a risk on joining ICOs and even in life.

Yes research and analyze first before investing that way you will not be scammed in the end. Try to educate first yourself on all of the possibility the project will bring to you.
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January 05, 2018, 02:16:30 PM
 #269

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.

Recently, most of the ICO was created only to raise funds, and not to bring profits to investors. To determine a good project, you need to carefully study the terms of sale of the tokens, the idea, the team and the road map.
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January 05, 2018, 02:22:24 PM
 #270

Most ICOs are scams but few ICOs arent going to steal your money,review the background and whitepaper of each ICOs to be sure you wont waste your money.

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January 05, 2018, 02:39:31 PM
 #271

You will be scammed if you're careless. We can't deny the fact that most icos are scam, but if you do research and read the icos terms, the important details such as the white paper, the tokens and road map, then you can avoid scams. There are lot of legit icos too. Also, make sure that the ico you will be joining will be effective and will have good results.

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January 05, 2018, 03:04:53 PM
 #272

As stated before, not all ICOs are scams, but their are 10% of ICOs that are actually legit and real projects and will benefit the community.
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January 05, 2018, 03:06:52 PM
 #273

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.

Most ICOs are intended to either fund a project or to make the developers rich. Some ICOs are scam and developers just want to get funds through ICOs and then they disappear. However, some ICOs are devoted to improve their project and are still continuing to improve their services after ICO. You just need to research before investing on ICOs.
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January 05, 2018, 03:35:32 PM
 #274

You never know whether the ICO is normal or fraudulent, if you don't study them in the first place. No one wants to be deceived, so it is necessary to study them. To read a White paper to examine the command, whether the finished product. How was pre ICO.  Cool
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January 05, 2018, 11:24:08 PM
 #275

There are both because there are so many ICO's and they are unregulated.

You just have to research a lot. Look into their white paper, team and ask as many questions as you can.
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January 05, 2018, 11:46:15 PM
 #276

All ICO is not a legit, some scamer open a ICO so all of you, before invest  check this ICO
For me there are more ICO that is legit and great to invest for, but eventhough there are many ico that is legit there are still some ICO that is not worth it to invest for, but i have a simple advice before participating or investing on some ico is make sure that it is legit and it is will be successful.

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January 05, 2018, 11:48:08 PM
 #277

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 is actually no way for you to determine immediately if the ico is a scam or not. You need to wait further for the news or comments of other users regarding to the developers and manager of the current ico before you will know if the current campaign is really reliable or not.

I guess you can also predict it rather than wait for comments from other members, because if they have a verified team and have good vision, I do not think it will scam

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January 05, 2018, 11:52:05 PM
 #278

Like in everything, There are good and bad, some ICO's are good and very good, others bad, you just have to be careful where you invest your money
I consider ICOs (the legit ones) as being a great source of revenue. Most people would say there are too many ICOs and 99% will fail. Well, I think there is going to be competition.
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January 05, 2018, 11:52:22 PM
Last edit: January 06, 2018, 09:20:13 AM by KeithBeeCham
 #279

The ICO currently has many projects launched every day, and every ICO has its own mission. And you need to thoroughly explore ICO information before investing to avoid risk. You need to find out more about the ICO project, refer to the ICO review pages, the project information as well as the project team members, and you can evaluate the potential of the project. rely on that information. Therefore, if you want to invest in ICO, you should carefully research the information about that ICO projects.

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January 05, 2018, 11:52:35 PM
 #280

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 is actually no way for you to determine immediately if the ico is a scam or not. You need to wait further for the news or comments of other users regarding to the developers and manager of the current ico before you will know if the current campaign is really reliable or not.

I guess you can also predict it rather than wait for comments from other members, because if they have a verified team and have good vision, I do not think it will scam
Agreed, and very few ico's go as a scam. In particular such scam ICO's promote themselves through messages and they won't be having anything particular as an Ann thread, road map or a different team to promote. They ping and make use of the user who responds. Such kind of activities were found much around.
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