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Author Topic: Is it safe to participate in ICO's?  (Read 15513 times)
NickRey
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February 02, 2018, 03:59:23 AM
 #1501

Yes, still expected that the PinkDate ethereum smart contract will be deployed end of day, February 9th.
New updated road map is now live on the site https://pinkdate.is


Just don't invest anything you absolutely cannot lose. Try to find ones that are using smart contracts to automate things too so they can't just change their minds. Pinkdate does this.
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February 02, 2018, 04:20:29 AM
 #1502

I think always that participating in ICO is always too risky. This can lead to your success or failure. But there are ways to avoid participating in a scam ICO such as read the history, learn the details of the group, get the roadmap, and see the good possible to make your dream come true with your ICOs choice.
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February 02, 2018, 04:25:21 AM
 #1503

It depends on the ICO you've chosen, there are a lot of ICOs out there and some are not real and scams. You can do your own research about the ICO you like so your time and money will not be wasted. You should be careful in what ICO you will join before investing your money and time in to it.

We all not sure in the ICO because scams are always there, but we can do our own way to avoid joining those scam, i agree that we research all by your own will help because the only way to avoid those scam is know all about the project and about the team.
heleng05
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February 02, 2018, 04:26:30 AM
 #1504

Yes it is safe in participating in ICO's but you need to stick to one manager to ensure your money and I think it is also safe to invest if your trusted ICO manager is in that campaign that you can take advantage of taking it more secure that's why I always participate to ICO's that my trusted manager is managing it so I better relax on doing my position in the ICO.

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February 02, 2018, 04:34:03 AM
 #1505

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's very safe to participate in ICOs

Just make sure that ICO won't ask your private key or anything else.
You should be careful too before join the ICO,
There are so many ICOs that will become a huge project and very worth to join.
gulechain
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February 02, 2018, 04:39:34 AM
 #1506

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.


ico how to define it is safe and unsafe? Many projects with ico scam, resulting in chaos ico, a lot of projects as long as the team in the company, there is almost no risk of disappearance, so it depends on how to choose, and investment must be there Risky
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February 02, 2018, 04:40:05 AM
Last edit: February 02, 2018, 05:05:40 AM by BlockEye
 #1507

Yes it is safe in participating in ICO's but you need to stick to one manager to ensure your money and I think it is also safe to invest if your trusted ICO manager is in that campaign that you can take advantage of taking it more secure that's why I always participate to ICO's that my trusted manager is managing it so I better relax on doing my position in the ICO.
I think you're referring on bounty, but the OP is on investing idea, it is good to do both as long as we know that the project have potential for success, does it have a concrete plan and responsible team that can make the project success as an investor or as a bounty hunter.
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February 02, 2018, 04:40:18 AM
 #1508

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.
ico wont harm you so no need to be afraid lol..anyway what participate are you asking?investing or joining campaign?if youre going to invest i should say take care,because more than the legitimate is scams so you must be aware of that,since youre money is at steak on this..

But if were talking about bounty campaign participation what i can tell you is dont bother about scams or legit this only time whos involve and its not a lot to lose,but if the campaign succeed your profit is much higher than what you had lose in those scam,in the end youre gaining than losing.
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February 02, 2018, 04:58:44 AM
 #1509

There are always multiple risks of participating in an ICO. The first is that the project might not go well and the coins that are delivered in exchange for money will not worth anything. The biggest problems with the ICO is, that your money can be stolen. Do your research, what have others said about it on forums, have any mainstream you-tubers discussed them, is the white paper well written and factual or just dramatic nonsense trying to sound impressive.Diversify your investment to lower risk, don't put all your eggs in one basket, no matter how excited you are about one of the currencies. Not just for safety but it gives you a better chance of stumbling on the next big thing.
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February 02, 2018, 05:12:14 AM
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 #1510

All investments are risky. We should always remember that, it is inherent in risks. Example is an Initial Coin Offering or ICO. We can say that it is risky indeed but in order to minimize or even eliminate risks, we should be vigilant and a researcher. Try to research everything about your prospect ICO. Try to check the developers transparency and the team, the community of a coin in telegram and even partnerships they have been or incoming partnerships. Then after checking and everything looks good. It is safe to participate in Inital Coin Offering (ICO).

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February 02, 2018, 05:31:17 AM
 #1511

Investment in ICO is always too risky. First of all, you might to research and check a lot of info about ICO project. And only after make a right decision. But there is always a risk, that project will be a scam.
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February 02, 2018, 05:34:24 AM
 #1512

it thinks its risky to particapate ICO because theres a lot of ICO is scam you better read carefully the ICO project before you join so you dont regret it later

▐▐ █     GRE   ≣   GLOBAL RISK EXCHANGE     █ ▌▌
━━  ((     Whitepaper     |     ANN Thread     ))  ━━
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February 02, 2018, 05:39:57 AM
 #1513

It depends on the ICO you've chosen, there are a lot of ICOs out there and some are not real and scams. You can do your own research about the ICO you like so your time and money will not be wasted. You should be careful in what ICO you will join before investing your money and time in to it.

We all not sure in the ICO because scams are always there, but we can do our own way to avoid joining those scam, i agree that we research all by your own will help because the only way to avoid those scam is know all about the project and about the team.

Before joined in the ICO it is better to learn about of the project and the team. Of course
we need be carefull at the moment, because a lot of scammers make use of Crypto to get of money.

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February 02, 2018, 06:12:27 AM
 #1514

Yes it is safe, there is nothing wrong if you join an ICO but not all is safe, just check the background of the ICO so that you can be sure if this ICO has a bright future.

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February 02, 2018, 06:16:49 AM
 #1515

There is no safetest way in protecting us from scam of ICO projects, so we have to prepare us good knowledge before investing in any project, look for information about purposes and reasons why they did that, whitepaper is inevitable thing in the research, and can it be used in real life or not? from that you will have your chance to decide whether to invest or not, but everything has it risks, we can never make sure that project is completely safe.
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February 02, 2018, 06:23:30 AM
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 #1516

No, and the two main reasons are:

1. the lack of transparency in the way the token is distributed (you don't know if developers themselves are buying the tokens, to control the supply, and hence the price);
2. the lack of guarantee that the product will be delivered (and remember that by giving the money before any product or prototype is delivered, you are decreasing the incentives for the developers to work hard and continuously on the product).

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February 02, 2018, 06:44:34 AM
 #1517

After doing about six months of serious analysis of ICO's (nothing like running a podcast to focus the mind!) I have come to a few conclusions:

There is a very wide spectrum of legitimacy. In terms of legitimacy ...

ICO's can be categorized broadly as

a) Complete and utter scams (like Prodeum and the infamous Penis website),

b) ICO's of Convenience (that is, an ICO for the sake of an ICO where you can substitute the word "database" for half the references to "blockchain" and arrive at the same conclusion) ,

c) Earnest but questionable business use cases (take maybe Golem for instance -- a high-hopes project that seems, to put it charitably, stalled ...) that just didn't quite work out and

d) Sincere, well-though out use cases with impressive technology that have had a great deal of success.

The spectrum, in my opinion, is the classic bell curve, with tails at either end.  So , not a great deal of complete and total scams, very few successful ICO's, and the vast majority falling in between. 

I am very much looking forward to seeing what happens with these ICO's that are being run (rather recently) by already-successful companies in their own vertical markets. I don't want to believe that EVERY one of them are writing these whitepapers and holding these sales as a way to quickly raise money - I want to believe that SOME of them are actually going to improve their service through the use of blockchain technology, although I have often been accused of being overly optimistic.





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February 02, 2018, 07:03:30 AM
 #1518

I would say it is safe and it is also unsafe. It is safe if your research is well articulated and participate in a good project with great and future potentials and it is unsafe if otherwise.
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February 02, 2018, 07:10:44 AM
 #1519

ICOs got the good, the bad and the ugly. If you can carry out a thorough research on any ICO you would want to invest in, you may be able to discover the good one that can reward you handsomely. But always remember, every investment goes with commensurate risk and ICO investment is one of the riskiest investment you can make due to possibility of a very high return. Choose right before you invest.
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February 02, 2018, 07:12:56 AM
 #1520

Initial coin offerings have become the most used routes in fundraising campaigns towards building new technology based enterprises
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