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davids
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October 04, 2017, 05:11:11 PM |
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ICO can not be said to be safe because it's a high-risk way of fundraising. Never invest anything you can’t completely afford to lose. Keep in mind that due to a lack of regulation, you will have difficulty getting back your lost money in case of any failures.
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You get merit points when someone likes your post enough to give you some. And for every 2 merit points you receive, you can send 1 merit point to someone else!
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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asdalani
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October 04, 2017, 08:44:28 PM |
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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.
The short answer to your question is that it is not safe to invest in ico's because most ico's fail within their first year. There will be another coin that will want your money after the ico is done. |
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batang_bitcoin
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October 04, 2017, 10:12:30 PM |
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You shouldn't think that investing in ICO's are safe, all types of investments are risky and in ICO's you don't have an idea on many investors will be investing to that project and will support it's crowdfunding. Because there are a lot of scammers that are hiding in the veil of ICO and their very own purpose is just to scam people and they are now into ICO's. Beware of those developers that are leaving the project after the success of ICO.
You are completely right, joining in ICO is similar to joining in IPO, which are both high risk investment, there are different kinds of scams, but the only thing you can do is trying to do more research before joining in. Since you have mentioned IPO, I haven't seen any IPO today but only last year. It is because that ICOs are even more popular than IPO's. Whatever you choose just make sure that you will always have the key to the investment that you will try to take the risk. There's nothing wrong to take the risk as long as it's legit and it's not a scheme that close to a scam, secure yourself by educating yourself first. |
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joinfree
Sr. Member
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Activity: 1246
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
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October 04, 2017, 10:15:26 PM |
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There are a lot of new ico's everyday, and it is difficult to only choose one, because they all promise a lot of things but at the end, they all are the same.. they only want to raise a lot of money from the owners, and then make a new "tradeable coin" trying to call it a succesfull project, and it is plenty of them, you can make profit from that, of course, but it is risky.
I dont join ico's, i prefer to hold my money on safe coins that are below top 20.
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Crypto Enthusiast supporting innovative ideas for the Liberalization of the world from the Centralized Institutions.
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_Dawid_
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October 04, 2017, 10:21:40 PM |
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You are right, lately a lot of ICOs coming out, most of them are usually verified whats means that you can easly invest in. But little part is a SCAM.How to find SCAM ICOs? It is not do easy, for sure easier to describe than to do. You have two opportunities, make really good research if you are experienced in crypto, or just trust others who SHOULD it do before you. Maybe new ICOs wont be as huge as Bitcoin but we can be confident that some of them will gain great growth.
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bitcoinvestor
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October 04, 2017, 10:22:57 PM |
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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.
oF Course if you read the whitpaper and look at the team behind the ICO, if the team indicated as scammer avoid the ICO if not you will make big profit, I invest coss and RVt, SCL and some others now the tokens price are growing. it is better than HYIP. |
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Sarah08
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October 05, 2017, 10:26:40 AM |
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It will be safe for you if you will be careful in joining in icos,because many ico's were making an appearance to the cryptocurrency world.And many news that many scams were happening.People were being scam because they are not being careful in joining ico's and not having an research.So be careful.It will be in yours if you will be careful in joining it will be safe.
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melted349
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October 05, 2017, 10:58:05 AM |
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It will be safe for you if you will be careful in joining in icos,because many ico's were making an appearance to the cryptocurrency world.And many news that many scams were happening.People were being scam because they are not being careful in joining ico's and not having an research.So be careful.It will be in yours if you will be careful in joining it will be safe.
it is hard to know first what and which will be the scam so for me you have to study before you participate as long that there is money involve scams are anywhere you can avoid if you are victim by it but not all the time so make yourself that you have nothing or you don't have any shortage of studying of it. |
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ngefek berat
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October 05, 2017, 11:05:44 AM |
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Actually it is safe but sometimes we also never think suddenly there ico which is only a scam and absolutely no benefit at all. But I instead make it as a motivation to keep trying hard in pioneering income in the future.
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MostHigh
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October 05, 2017, 11:13:16 AM |
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Participating in ICOs require a lot of due dilligence or what we call base line studies. But you call fall on inside forum like the bitcointalk and some special slacks and telegram pages to know which altcoin is doing well. I always ask people to check the background of the developers before they get into the sales and buying or participating in this ICos to put it short. It requires a little bit of reading especially the ICO whitepaper, if carefully read and understood will show you the potentials of the currency
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0t3p0t
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October 05, 2017, 11:25:58 AM |
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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 actually taking our own risks in participating ICO's. Doing a lot of research about the dev team, purpose of project or even reading the whole project details will do but not all because there are other promising ICO's out there that turns out to be a scam in the long run. They just appeared to be active when luring it's victims but when they got investors trust and chances they would run away with our investments and abandone the project in just a blink of an eye so let us be vigilant. But my question is "How do we know and pinpoint legit and scam ICO's? Is it like finding our luck when it comes to ICO's that really is a legitimate one? I do agree that there should be a regulation implementation on ICO's for our safety. |
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0t3p0t
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October 05, 2017, 11:34:26 AM |
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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 actually taking our own risks in participating ICO's. Doing a lot of research about the dev team, purpose of project or even reading the whole project details will do but not all because there are other promising ICO's out there that turns out to be a scam in the long run. They just appeared to be active when luring it's victims but when they got investors trust and chances they would run away with our investments and abandone the project in just a blink of an eye so let us be vigilant. But my question is "How do we know and pinpoint legit and scam ICO's? Is it like finding our luck when it comes to ICO's that really is a legitimate one? I do agree that there should be a regulation implementation on ICO's for our safety. |
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Freyya08
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October 05, 2017, 11:46:23 AM |
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I guess, for me, not entirely safe since there are some icos out there that are pure scam. Though this is quite rare,
We still have to be extra careful when joining icos. Before we invest or join an ico, we must first check the project and research about it so we will know if its legit or a scam. Although there are some that we cannot really tell either that is why investing or joining icos requires risks.
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julslet84
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October 05, 2017, 11:59:45 AM |
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if you act smart while you participate and know how to protect your invest, yes it is save.
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Knepala
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October 05, 2017, 12:35:26 PM |
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It's as safe as the amount of preparation, research and care you put in it. With a decent amount of effort you can weed out the scams.
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abcd7
Member
Offline
Activity: 126
Merit: 10
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October 05, 2017, 08:49:51 PM |
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Yes is safe if your investment comes with a good research and also invest the amount you are ok to loose .
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8rch7
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October 05, 2017, 10:05:18 PM |
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first learn about the project. who is the developer? what is the purpose in the future? see the roadmap. if you think it's safe and good. it is very good to invest.
agree with you, the first learn is find track record the developer. expertise and experience in many projects will make his track record good and more reliable / trust |
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donotlean
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October 05, 2017, 11:05:35 PM |
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it depend on the companys trustable which organized the ICO.i join a lot of ICO's and always i can take my money but you have to large research for finding safety ICO
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PowerfulGuerilla
Newbie
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Activity: 54
Merit: 0
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October 06, 2017, 12:50:51 PM |
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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.
I wouldn't say it's safe because participation in any of ICOs bears at least the minimum risk, and taking into account there is the increasing amount of those ICOs, I'd rather doubt there would be any great ICO that may overcome Bitcoin, at least, not in the nearest future. |
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ledu_ico
Full Member
Offline
Activity: 1250
Merit: 100
Education-Ecosystem
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October 06, 2017, 02:03:57 PM |
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I would say you could see for yourself if it is safe or not to participate in ICO's, by doing intense research on the ICO's you find more appealing to invest your hard earned cash. Read well the white paper and also try to find out more about the background of the team that is behind the ICO.
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