Is it safe to participate in ICO's?

[annbagira]

You can to all here we are talking about but no 100% guarantee for nothing! Yes here exist some mechanisms to check it but again without any guarantees! Sometime it necessary looking on it on philosophical way!

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[depodimon]

You must be careful with what you invest. I'm a victim of a bad ICO because of a lack of experience and did not do the necessary thorough checks. And ICO scammers are everywhere. So be careful, be vigilant.

[Arisgado]

It can be safe if you do great research before participating in ICOs that we will be successful and there are many ICOs that is really safe. Because good ICOs are building good community such as telegram, slack, reddit, facebook and other social media. Always be alert on choosing for the right one for to ensure all scammers.

[drachman]

You must understand that all projects that promise big profits are very risky. Therefore invest in ICOs only the money that you can afford to lose. But I know from my own experience that it is possible to earn very well with ICO investments.

The issue is that most people want to obtain huge profits and this means they begin to throw their money to some of the most weird projects, this is why we have seen regulations coming to icos and while I do not like regulations the ico market has gone out of control.

[Bdstar]

Since the ICO is a project of investment so that you have to make sure about some specific criteria, I would like suggest some step that you could follow for choosing ICO platform,

At first, you have to check it out about the developer team's profile and their vision along with strategy. carefully read the website content especially the roadmap and whitepaper.

Secondly, you have to go through the ANN thread and Bounty thread and the other content, you have to be clear what will they do and what they want?

Finally, Checking out the staff, conference activities, Social network campaign, those could be helpful for selecting a safe and sound ICO project.

[Md Saad]

For me and ICO should be a safe and sound Investment, But it's undeniable that every investment requires more or risk but we have to manage it properly. Firstly, you have to make up your mind with a good planning in order to deal with it very carefully.

Before choosing an ICO project, We need to evaluate some basic step very carefully, we need to know about the ICO through the website, Basically, roadmap and whitepaper should be read very carefully so that we can easily get their point of view and their vision.

Reading ANN and Reviews of regarding ICO would be helpful for making clear about the vision any ICO project. Along with that, We have to look carefully at the developer's profile and team members. that's the way we can make a profitable investment by joining in an ICO. otherwise, it could turn a loose project to us.

[parekoy]

If you fall in a good project and team, it is kind of safe to say. But if you are asking ICO in general. I doubt, too many ICOs and I am sure not all of the are honest good. Too many also fell to ICO scams. You need to study the project and everything about it before deciding to put your investment on them.

[zlatan07]

To invest in ico's or any other cryptocurrency is to eventually trade it and later on try to increase your holdings. I'll be the first to confess that I've bought some tokens based on information but it's hard now, with so many new tokens that appearing, some of them are good or scam.

[Geoll29]

Investing in any type can only give you two kinds of results. It's either you win or lose. If you think ICOs is more than giving you good returns than losing a small money then you can go ahead and invest. Anyway you can't win in any investment if you don't try to gamble with it.

[Alydora]

Do the research needed and it will be as safe as most. However there is the chance that the ICO can take a crap and you lose all the money you put into it sadly.

[hajisomad]

Is it safe to participate in ICO's? 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.

[Kolokoy]

ICOs in general is not safe. Many ICOs coming out each day and it even gets harder to choose which to ICO to participate. Many are scams. For me the deciding factors are the project itself and the people behind each project, do some research on those. ICOs are risky but when it turned out good, this may lead you to richness.

[Vanshenz]

Depending, if icos is not proven scam then it is safe to follow icos, but all you need to do if you want to follow icos is you have to be careful and check icos first.

[tania30]

have there ever been any cases when people got sued for trading cryptocurrencies?

[ankurguta87]

Because of the lack of regulation, the barrier to entry for setting up an ICO is pretty low. Unlike the massive information disclosure required for an IPO, an ICO has no such compliance mandate.  This benefits legitimate ICOS and their investors, but has also led to a number of offerings that could be considered scams. One Example is MCAP token launched by Gainbitcoin. Total Scam!!!

[MiXxe]

Depending, if icos is not proven scam then it is safe to follow icos, but all you need to do if you want to follow icos is you have to be careful and check icos first.

As of now there are some sites and advisors in ico which they check and read almost all information in an ICO and they rate it as a good ico or not. That was just an ICO advice or on their own vision only about some of the ICO you are the one who's responsible to invest and to your money. I will say that don't go all in even the team is so legit there are always a disadvantages or problems that can occur.

[Bit Tuka]

Yes it is safe. However, before doing that, we should first check and read their whitepaper to kmow their aim and do further research to see if it is a legitimate ICO and if it is something that might progress in the market.

[Fluffinfinity]

It is safe to participate with different ICO, but as we all know, joining isn't just as fast as that for we all have to be careful since ICOs are nit safe at all times, so be good in choosing.

[_noname_]

Yes it is safe. However, before doing that, we should first check and read their whitepaper to kmow their aim and do further research to see if it is a legitimate ICO and if it is something that might progress in the market.

As mate said that its safe. But its not safe as he mentioned because there were some ICO's which were proved to Scam. But it also don't need that every ICO's is scam.
So before participating you need to read fully about ICo's there white paper, their articles their full details and most importantly that how many people are taking interest in BTC and what are the opinion about that ICO and which kind of people are involve in that ICO and who are the organizer of that ICO. After getting all information then you should decide about participating in ICO.

[Chiyoko]

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 of course it is safe to participate but it depends to the project because some of them are not good but you need to choose wisely.