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Author Topic: Is it safe to participate in ICO's?  (Read 15513 times)
kkofor
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November 07, 2017, 04:12:31 PM
 #401

Certainly, Investing in ICO is not safe. How can you get big profit with low risk? If you wanna be safe, let choose Bitcoin. If not, you have to accept risks.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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November 07, 2017, 04:41:01 PM
 #402

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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November 07, 2017, 04:41:41 PM
 #403

Though there are really good ICO's but there are a lot of scams as well. But generally, you just have to do some research and readings on the credibility of those behind them. Look into their activities as presented by their road maps. Try to gauge as well if the product offers something relevant and useful for the general public. Overall, there is no guarantee. As an investment, there are really possibilities of gaining or losing. But with some studies, you may be able to gain with a calculated risks.

Gerobit
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November 07, 2017, 04:43:36 PM
 #404

I propose to develop a standard (list of rules) that guarantees absolute protection of investor's funds.


BPI, Blood Pact ICO standard



I invite you to join the discussion  Smiley
Nagrogflaz
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November 07, 2017, 04:51:50 PM
 #405

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.
many of our friends who do business in coins follow ICO and they are fine so it's a sign that we are still safe to participate in ICO

TheAntiHick
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November 07, 2017, 05:02:48 PM
 #406

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 super risky, but big rewards come with big risks so it's your choice.
zak2002
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November 07, 2017, 05:08:34 PM
 #407

As a newbie in this field, I have a question. When the Ico's show on their websites that we have gathered this much money and sold this much tokens, is there a chance that they are just exaggerating to show that people are trusting them? I mean, is the investment generated a true measure of authenticity? 

tstang
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November 07, 2017, 05:12:59 PM
 #408

It's true there is a lot of scam projects and it's harder to find a good one. But I truly believe there is a big future of ICO's, so we now just need more patience to do our research
ASSPACE
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November 07, 2017, 05:16:22 PM
 #409

it is not necessary to invest a lot. The minimum transaction to buy asspace token amount is set at 0.1 ETH Wink
MiXxe
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November 07, 2017, 05:29:11 PM
 #410

It's true there is a lot of scam projects and it's harder to find a good one. But I truly believe there is a big future of ICO's, so we now just need more patience to do our research
Research and choose the right Idea ICO which has a good opportunity to provide on us in the future like the most innovative things that we need in particular to the technologies.

Chamone
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November 07, 2017, 05:36:42 PM
 #411

As others have said you need to do your research. As well as looking through the website and white paper you should join their social media groups to see how busy they are working and promoting their product. This will also give you valuable information on the quality of the team and how they treat their investors.
sculptoris
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November 07, 2017, 06:20:28 PM
 #412

Tell me what's completely safe in this world... I dare say - nothing.

There's always a chance to make a mistake. Or to face someone else's mistake. Or to get into a natural disaster or a mere accident.

Seriously, when it comes to ICOs, just like in the other aspects of life, you can only do your best to be safe and accomplish a certain goal. Make your own research (team, roadmap, market segment and its volume and competitors, product, etc.), take experts' opinions into consideration, watch bounty campaigns, read news on new and "old" media - do whatever it takes to understand the value and the perspectives of the project you are interested in, and then your chances to succeed together with it and be safe will be highest.
yannick225
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November 07, 2017, 06:35:17 PM
 #413

There are lot of scam but in reality most of ICO distribute the token at the end, you should participate only if you are sure that the price will be much higher than the ICO price otherwise stay away of the project because their keep your money for 1 month at least and you have no guaranty that you receive your token or you will make profit, many great project like BAT(Basic Attention Token) have made good marketing but after listing the price has dropped...
sculptoris
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November 07, 2017, 06:39:20 PM
 #414

There are lot of scam but in reality most of ICO distribute the token at the end, you should participate only if you are sure that the price will be much higher than the ICO price otherwise stay away of the project because their keep your money for 1 month at least and you have no guaranty that you receive your token or you will make profit, many great project like BAT(Basic Attention Token) have made good marketing but after listing the price has dropped...
In this regard it still depends on whether you are hoping to hold tokens of a certain project on some long term or not, pretty much, not to mention that product tokens generally provide you with in-product opportunities that are reasons for joining a project as a token holder.
barhotka
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November 07, 2017, 08:46:09 PM
 #415

It's like investing money in stocks on the stock exchange. Everything depends on the information received from various sources, internal instinct and luck. It is very easy to lose money or get a big jackpot.
JavaScriptcoin
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November 08, 2017, 12:38:43 AM
 #416

Of course not, since it is an investment which is not tangible in any manner. But I guarantee to you that if you invest to the right ICO it would be worth it. I suggest that before investing in any ICO, read their materials and analyze them as much as possible. Make sure that their tokens would be useful in the near future like bitcoin which revolutionize remittance and ethereum which develop smart contract. Atleast the token you invest are like them, with useful characteristics.
Didin
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November 08, 2017, 12:57:23 AM
 #417

its depends in the ICO project that you choose it,
so, the key is , you should choose a good ICO project and stay away from a project that indicated as a scam project
do a research before investing is better

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Annghutity
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November 08, 2017, 01:00:20 AM
 #418

It is not safe at all. First of all the owner of an ICO can just collect all money of participants and just disappear. The second thing is in the case if the project will not succeed you also will loose all of your investment.So, if you plan to invest in the ICO read carefully and chose only those one that is going be in demand by your opinion.
rube08
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November 08, 2017, 01:02:48 AM
 #419

Nothing is really 100% safe when investing in an ICO.  What you need to do is access the risk and know what type of coin are you investing in.  You need to follow the whitepaper, roadmap, and if they have a plan, they would state it in the whitepaper.  Also, is the ICO unique and will it solve a problem in the cryptoworld.
trademark
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November 08, 2017, 01:06:03 AM
 #420

These days, ico's aren't performing as well as they did in the past.  Many projects have dropped below their ico prices.  It would be better to just wait until they are listed on exchanges and purchase the tokens then.  Some projects however, do end up being very profitable in a short period of time.  Just do your research and you should be fine. 
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