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Author Topic: Is it safe to participate in ICO's?  (Read 15513 times)
DIMKAZDS
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October 04, 2017, 07:50:48 AM
 #121

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.
Participating in ICOs Is risky for people who are inexperienced and don't know how to find a legitimate project as most ICOs today are only scams.
Look for the projects which have a strong development team Which is experienced.
Look for projects which have a unique idea.
Try to find projects which have a working product.
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October 04, 2017, 08:12:45 AM
 #122

If you want to participate in an ICO, you should first do some research on the ICO and read whitepaper to understand is it a scam or not.

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October 04, 2017, 08:26:20 AM
 #123

If i can suggest, you can invest your money when it is listed on any marketplace. If you invest when ico its to high risk you have but also high return. It can be zero if its scam project or you can be rich if its success.
But still i recommend to invest when its listed on marketplace.
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October 04, 2017, 08:47:37 AM
 #124

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.
At present, if it is safe to invest in an ICO, I'm not 100% sure it is safe because more and more ICO projects are coming out, not all ICOs are of good quality and play well done. There are even a number of schemes that trick investors into making a profit for those ICO developers alone. But not all of them are. I advise, that if you intend to invest in an ICO project, it is important that you thoroughly understand it, the information and data must be transparent and clear. It is best to have a wallet to store separately for investors when receiving altcoin. Also find out about their development team, if they have the reputation and experience, you will be more secure.
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October 04, 2017, 08:51:11 AM
 #125

If i can suggest, you can invest your money when it is listed on any marketplace. If you invest when ico its to high risk you have but also high return. It can be zero if its scam project or you can be rich if its success.
But still i recommend to invest when its listed on marketplace.
Investing in ICO is very risks, it is good to invest your funds when ICO is already successful and listed in exchange. But invest on what you can afford only, because there are many scam ICO's these days.

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October 04, 2017, 09:21:27 AM
 #126

Well there are some of the ICO that are good and at the same time there are some of them that are bad. All depends on your in which to invest. But ICO is generally good, you can get a lot of tokens for good price!
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October 04, 2017, 10:11:28 AM
 #127

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.
Participating in ICOs Is risky for people who are inexperienced and don't know how to find a legitimate project as most ICOs today are only scams.
Look for the projects which have a strong development team Which is experienced.
Look for projects which have a unique idea.
Try to find projects which have a working product.
I think all investments have risks not exception to ICO. you can see a lot of investors losing because ico to scam or ico is failing to enter the exchange or fail to run their project or no one uses the product from that ico. there are many possible risks in investing ico dude. therefore every investor is required to do picky on many ico so that they can choose and invest in ico which has good potential and good future..
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October 04, 2017, 10:31:19 AM
 #128

There are many projects with massive marketing now.
Scammers become smarter and invest huge amounts in pr/marketing before the sale.

So try to read "through" the marketing bullshit and don't go with the croud. "I invest where everybody invest" is not a strategy.

Read and try to understand the projects.

And ont beleive the numbers in FB/Telegram, they can be scammed as well
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October 04, 2017, 10:31:58 AM
 #129

Some ICO's ends up successful and some ends up failed. So you still have to choose well before participating on some ICO's, better to read about their project first so you won't regret it at the end. And it always depends on the ICO, so better to be selective before participating. It is safe if everything went fine. The proper advice I can give to you is choose well, choose who has the potential, and choose the different one that can captivates the eyes of the people, in that way you can guarantee to yourself your are safe.
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October 04, 2017, 10:53:51 AM
 #130

Safe or not It depends on us as an investor to  manage the risk in investing in ICO. Invest in ICO is high risk high return so before jump it we should be have good risk management, like; to know  detail profile who is behind the project by checking their activities on github, to understand the purpose of the project and what problems they want to solve and what think makes them more interesting than others.

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October 04, 2017, 10:55:17 AM
 #131

It's investment.
You invest for their project by buying their tokens and the value of tokens would be proportional to profit of the project.
Most of the ICO's are profitable as their price would increase on reaching the market.
But some of them are total scams which would lead your investment to nothing.
So, study about the project before investing.

Yep sound advice..some ICO's can be very profitable. They get negative comments as there a few scams, if you do your own research you should be fine. Dont rely on others to do it for you.
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October 04, 2017, 11:11:10 AM
 #132

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.
You should really study their project first before investing on it. Read their whitepaper or check if the team behind it are real people that are really in that team, not just random photos from the internet.
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October 04, 2017, 11:13:00 AM
 #133

Participating in ICO requires experience for sure. You need to know how the ICO's work to understand if the ICO you are interested is safe or not. There are lots of scams trying to take advantage of investors so you need to be smart to avoid them.All in all it's safe if you are smart enough know who to trust or not.

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October 04, 2017, 11:32:42 AM
 #134

Depend which ico you choose. Yeah there are many ico running out there. But if you want some profits from your invest then choose this ico which future bright and so much promising. Research on that project which you like to invest on it.

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October 04, 2017, 11:39:45 AM
 #135

Invest is not always safe. . . you are doing investment but as far you do a good research  for what you  are invest you have less risks. I think if you make a good research about which is the ICO that worth invest you have less to loose  Smiley
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October 04, 2017, 12:01:15 PM
 #136

It can be safe if you study the everything of a new ICO like study the whitepaper, logic behind the incoming project, is their project sustainable in long run or not. Then price is also a factor. If you do proper research, you can find a good ICO and can participate in that. Some ICO give huge profit in past and some give huge profit in future also if our finding is right.


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October 04, 2017, 12:07:11 PM
 #137

Nowadays there are many ICO's developing in the crypto world.But it is our responsibilty to understand the project and make decision to invest in it or not.As there are no regulations on ICO's it is our own duty to check them for ourselves.It is easy check whether an ICO is good or bad.Just check their whitepaper, team and activity.

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October 04, 2017, 12:53:44 PM
 #138

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.

It is safe. But the fate of your investments are actually, to a high extent, depending on your proper decision as to which ICOs you will be investing. There are coins and tokens that will immediately double their value as soon as they reach Bittrex or Poloniex. Not to mention the bonus that you will receive during ICOs.
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October 04, 2017, 12:57:09 PM
 #139

Some are reliable, some are scammer. The most important is to find a good project
if you find a good project you can make money in really good quantities
The question is, how you can find a good project between biased profile and background of the developers and the project. Many people above have saying the same thing about how to choose a good project to invest, but unfortunately, not 100% right. Sometimes, a project with legit devs, only leave the coin that they offer and grab their money, they don't care about the future of their coin

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October 04, 2017, 12:58:48 PM
 #140

It is safe as long as you take proper due diligence, make sure you research what it is you are investing in and keep your wits about you. Be sensible with the amounts you invest and where you invest it and you should do well from it.

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