Is it safe to participate in ICO's?

[KwizatzHaderach]

Investing is not a safe business to start with. ICOs have been notoriously filled with scams also. With lots of ICOs offering the moon but with no products to back them up, just some half-baked ideas.
Beauty of it though is it a crowdfunding event wherein people can bet some small amount they have for immediate returns.

Just to minimize the risk of being scammed, please practice due diligence first and research extensively on the ICOs you will be participating.

First rule in investing is never lose money.
Second is remember first rule.

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[haster100]

I think we can not understand which ico projects are safe for investment, so we should always take this risk and carefully research before investing in this ico, everything is too big is always dangerous, so you have to take these risks to get a chance to become rich.

[alien-fx2]

No, because there is simply no transparency in the way these tokens are distributed.

[trickyriky]

need research and investigation to see which ico will have a good chance. I think this should be accompanied by all stages, from researching looking at the roadmap. assess team and dev. and most importantly tokens that have the technology and benefits of the future.

All ICOs you participate should be verified through whitepaper all sources of information including special online consulting agencies. I have heard about this kind if services for investors. Never use it yet.

[pergola]

Participate in ICO is a big risk, which must be reduced to zero. We need to study projects, white papers, road maps and other documents. You also need to check the team's work experience, project registration and more. This is a very difficult job.

[Yana_M1]

Of course, there is always a risk of losing your investment. But there is also a considerable opportunity to multiply them. Who does not take risks ...

[SenSeiSoKo]

what is meant by safe? it can be safe yes but also there can be scam websites - scam ICO and some more shit... so be careful on the market nobody knows where it will goes ..

[SchultzDwayne]

it's inherently unsafe
but potentially you can multiply your money many times
so there's the tradeoff

[kalakabgr]

I can't believe there is not such a website to be safeico.com or something like that... there is a lot of people losing ETH buying useless contracts.

[Xeonhp]

It's investment.
You should never ask for safe while participate in ICO, ICO is a high risk investment
You need be careful when invest in any ICO , check they teamwork, wpp, roadmap ... check everything you can !

[haster100]

In my opinion, it is safe if you know who the campaign manager is, the team behind it, investors or people who support it, and many others. Before you trust ICO, there are many factors. Thus, the key must be more observant, knowledgeable and wise.

[martina14]

Investing is not a safe business to start with. ICOs have been notoriously filled with scams also. With lots of ICOs offering the moon but with no products to back them up, just some half-baked ideas.
Beauty of it though is it a crowdfunding event wherein people can bet some small amount they have for immediate returns.

Just to minimize the risk of being scammed, please practice due diligence first and research extensively on the ICOs you will be participating.

First rule in investing is never lose money.
Second is remember first rule.

We can now eliminate some ICO's which run for your many and then run again with your money,
theres a KYC now which an ICO have will result on more crowdsale, this KYC is one of the best thing for ICO now you better look for it before investing .
its been a year and so many ICO are runing with investors money so beware!

[drachman]

It is my first time joining ICO so I still don't have enough knowledge about ICO's that are existing here. Like you,I am also wondering before if it is safe to participate, so before joining, I do some research and asked my friends who knows well. I found out that it really depends on the ICO,some companies are total scammers. So I suggest,before joining ICO you have to be selective before investing your money.

Whether your investment is going to give you profits or not is going to depend entirely on the ico in which you invest this is why investing in icos is such a black and white endeavor, you can lose your money or you can become rich with your investment.

[nrvasquez]

i think its safe but you know every ico is not good their have many scam ico, many people gain after invest in ico's.  so just research before invest ico.

research is a must if you want to invest in ico, because no one can guarantee an ico will run smoothly and not a scam. we must be very selective in this way

[ZaoXhou]

Nobody can tell you. Some will make you money, some will not, some are run by scammers some are not, and even if they are legit they might not make you any profit.

[askmecrypto]

You must be very careful when you plan to invest in ICOs.
As you must have already read from many replies, 90% + ICOs are nothing but SCAM, this is what most of us have learned the hard way, however, real potential ICOs are also the most prominent investment.
Before taking any ICO into consideration for investment, you must go through the whitepaper to understand what is the project and what they want to achieve. Secondly, if there is even a slight/small grammatical or any other mistake in the whitepaper, turn it down straight away. Good ICOs are very careful about their whitepaper and never do mistakes.

Now, the second step is to check the team of project, the CEO,CTO, etc. are they known names and are they expert in the blockchain industry.
Make sure you check the advisory teams as well.

Next, check who/which companies are backing them up, what if the ICO investment gets hacked (like in the case of coindash, are they backed up to return your money or not).

Again, there are a lot many good ICOs, I am keeping my eyes open for ICOs that are NEO based, the reason being, they are limited and are actually being verified and validated by NEO.

Always Do a lot of research before investing in ICOs and all the best for your future investments.

[TIDOVEE]

It is safe to participate in ICO, even though not all ICOs are reliable and promising, meaning you have to look for a promising ICO to be at a safer side. Few ways you can at least guarantee how promising an ICO could be is; read their goal, check their past project (how succesful were they?),check the team- how effective have they been- Not a team with lazy managers.and many more

[moneyafric]

You must be very careful when you plan to invest in ICOs.
As you must have already read from many replies, 90% + ICOs are nothing but SCAM, this is what most of us have learned the hard way, however, real potential ICOs are also the most prominent investment.
Before taking any ICO into consideration for investment, you must go through the whitepaper to understand what is the project and what they want to achieve. Secondly, if there is even a slight/small grammatical or any other mistake in the whitepaper, turn it down straight away. Good ICOs are very careful about their whitepaper and never do mistakes.

Now, the second step is to check the team of project, the CEO,CTO, etc. are they known names and are they expert in the blockchain industry.
Make sure you check the advisory teams as well.

Next, check who/which companies are backing them up, what if the ICO investment gets hacked (like in the case of coindash, are they backed up to return your money or not).

Again, there are a lot many good ICOs, I am keeping my eyes open for ICOs that are NEO based, the reason being, they are limited and are actually being verified and validated by NEO.

Always Do a lot of research before investing in ICOs and all the best for your future investments.

This is a very good information to work with. Thanks

[bubble pop]

Right now there are many ICOs coming out, is it really safe to participate in any of it and spend that much? In participating ICOs I have high hopes that these coins could be the next Bitcoin or other currencies that are really going up in the market.

Yes it is safe to participate on some icos especially when itnis trusted. And how can we know if that is a trusted icos? Just look at the whitepapers the managers if those icos have a trusted and reliable manager it is gonna be a 100% trusted because those manager will not manage icos that are scam because their reputation are in that campaigns. But always check the whitepaper and the other members of that icos because icos are easily made and manipulated not checking it too much will just leads into a scam because almost all the icos out there are just a scam and fails.

[DrakeDG]

Well, any moves that involves your money is risky. Including participating on ICO projects. What you can do is Research first and make sure what you have invested will earn in the end.