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Author Topic: ICOs are a legit or Scam?  (Read 32126 times)
Swopon
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March 28, 2018, 07:45:49 AM
 #441

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.
Couples of month ago most ICO was legit and now most ICO seems scam.You can realize it's scam or legit by reading their whitepaper, and by seeing their team,Advisors.I would like to recommend you some ico like Kepler,Obiz,ntok,medichain,pep

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March 28, 2018, 07:47:22 AM
 #442

Some are scam and some are good projects, which have future. But is should be taken into consideration that there are a lot of scams, and we have to be more accurate when investing.
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March 28, 2018, 10:01:31 AM
 #443

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.

Based on my experience. We just see the ICO TEAM arrangement, there must be some experienced people who have been successful on ICO before. see also the bounty manager, everywhere the ICO is successful under his rule.
I see every ico who comes in the market always has different teams. i never found ico team ever successful in they ico before and then made ico again with the same team? is it you can give example where ico that have same team, that the team is already successful before ?
You never see them cause you need data to compare with, and noone will share this data with you because it may fail his own investments by that
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March 28, 2018, 10:07:12 AM
 #444

ICOs are caveat emptor - they are similar to IPOs - this question shows a serious lack of understanding and research on your behalf.. That is like asking - ARE IPOS SCAMS?
What is this "IPOs" you're talking about? We don't comparing ICO with anything, just trying to understand what's rules to trust in project or no.
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March 28, 2018, 10:55:48 AM
 #445

Not all of them. Most ICOs are scams, though. Around 95%...
That is very high percent, are you sure that it is like that? In my opinion chance to be a scam ICO is around 60-70%, not more, not less
cryptokudi
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March 28, 2018, 11:08:16 AM
 #446

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. Visit their website in order to know information regarding the project. Then in the bounty thread, the bounty manager must be a high rank position and have at least Legendary rank and no negative trust.
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March 28, 2018, 11:21:18 AM
 #447

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.
Current is a very good project, I think you should consider investing in it. Currently it is known to many people, the number of telegram community has reached the highest number that is 100k members. They are waiting for investors to come and buy their tokens. Especially Mark Cuban has invested in this project. This is a sign of prestige and not a scam, I think Current will overwhelm every ICO project at the moment.

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biticotalk
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March 28, 2018, 01:53:03 PM
 #448

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.
In order to understand the legitimate ICO or not, you need to analyze the project team and find out where the project is based.
chocochild
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March 28, 2018, 01:55:18 PM
 #449

All great coins started from ICOs it is legit just been used to scam other people lately making it reputation down but it is legit.
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March 28, 2018, 07:30:41 PM
 #450

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.

Check where it is registered and has experienced team.

For example there is lccx.io - looks like promising exchange based in London.  Well developed white paper, experienced team, located in politically stable jurisdiction.   
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March 28, 2018, 07:35:15 PM
 #451


Check where it is registered and has experienced team.

For example there is lccx.io - looks like promising exchange based in London.  Well developed white paper, experienced team, located in politically stable jurisdiction.   

Most projects hide their info, even legit ones. There are also some projects that look legit but after money grab, nothing big happens for a long time and team only give more and more promises  Sad
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March 28, 2018, 07:42:33 PM
 #452

You may check the exchanges whether they are going to trade this coin and also read the whitepaper
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March 28, 2018, 07:45:56 PM
 #453

In some countries it is illegal, but this too will soon be corrected ...
Invest in ISO of course you need, it can bring you a lot of money.
I would now advise considering BubbleTone, KYC Legal

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March 28, 2018, 09:28:27 PM
 #454

Chinese market players and investors trying to avoid  their laws and limits, they do it every time something gets on their ways, they're single-minded
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March 28, 2018, 09:37:27 PM
 #455

before investing in ICO, I would advise you to first take part in a bounty company in a subscription or social network. so you will learn to understand projects well. and then it is already possible to deal with invests.

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March 28, 2018, 09:40:41 PM
 #456

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 say both. There are some which could be, for what it is, considered scams, but there are also some which are legit and can really be sleeper projects that could give an investor big profit. However, the difficult part of investing, especially at this point, is the fact that it can be confusing and at the same time hard to to choose which projects would make it and which projects would not. Since there are many ICOs popping every now and then, it's not so easy to choose the better ones. What I am saying is that you should device a way to help you check which ones are good and which are not.
Whybuycrypto
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March 28, 2018, 09:41:07 PM
 #457

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.
You should really do your own research. Find a few listing sites for ICOs that you like and start there.
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March 28, 2018, 09:41:52 PM
 #458

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 legit ICOs and there are also scam ICOs. If you want to invest in ICO, you must do your research and be wise in choosing the right one. First, look at the goal, the soft and hardcap. If these two are too large and impossible to reach, better not choose. Lastly, look at the supply of the coin, if the supply is too many, it will be difficult to have a good price.
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March 28, 2018, 09:42:19 PM
Merited by alexberezov (19)
 #459

Cases of fraudulent ISO have recently become more frequent. Resist the ICO with poor technical documentation, with a closed team without references and experience
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March 28, 2018, 09:48:14 PM
 #460

There are legitimate ICOs in tge market and there are not. I say it just needs a keen eye and a good observer to actually be able to prevent yourself from getting victimized by these fake ICOs I'm talking about. On the bright side however, there are a lot of regulations being taken by certain sites to ban these fake ICOs completely or at the very least their advertisements in order to strip tgem away of the chance of victimizing others.

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