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Author Topic: Is it safe to participate in ICO's?  (Read 15513 times)
gates
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November 08, 2017, 01:11:37 AM
 #421

Latest ICO statistic is pretty bad. Is there any ICO in October (except Red Pulse) which made a positive result?
I participated in AirToken and AirSwap ICOs and they are in a huge minus. Of course, maybe they are not the best projects but quite solid.

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November 08, 2017, 01:49:15 AM
 #422

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.

when we participate in new ICOs synonymous we are performing the risk of investment which can bring to a lot of profit and also can be lost all our money so it's not safe to participate in ICO if you want to safe the best should not participate in ICO

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November 08, 2017, 03:30:34 AM
 #423

Will be safe and profitable if you jump in to right and legit ICO. So to find potential ICO should be look for  some review first because make investing in it. Firstly we have to read their white paper to find detail information about personality of the team founder, study and understant the purpose of the project and what problem will be solved. And learn that idea is really can to solved that problem.
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November 08, 2017, 03:41:25 AM
 #424

Before participating in ICO, you should understand 2 things. The first, It is risky. The second, you have to wait at least 1 year to get profit, because the price of ICO project usually falls down after ICO. It will recover if this project is executed well.

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November 08, 2017, 03:42:54 AM
 #425

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 depends on the ICO that you choose because there are alwalys some scammers and we dont know who are they so i suggest to be careful and research first before taking up a risk especially when it comes to investment.
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November 08, 2017, 04:29:35 AM
 #426

Investing is an art and if executed correctly can turn into a masterpiece. Everybody wants their investment to be save but even more want it to be profitable. normally you cant have one without the other but if you do your research and understand the game properly then you can ultimately gain pure profit. 
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November 08, 2017, 04:43:11 AM
 #427

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.

That's the risk that you will face when you are entering ICO, I know not every ICO becomes successful and you have to consider this thing first because the risk in ICO are very high. But some of the ICO that I support now are making good things in this industries, so you are lucky if you get into great ICO before.
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November 08, 2017, 04:46:35 AM
 #428

I think whenever we want to invest in a ico project, we always do research information about that project first through website and whitepaper, and see what reviewers said about that project, however we can not predict precisely is that project is safe, there will always a risk that we must accept.

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November 08, 2017, 04:55:31 AM
 #429

I think it's safe if you study the ico project. do not directly invest your money. better study team, whitepaper, and project roadmap so you are right in choosing ico. wise in investing.
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November 08, 2017, 05:04:42 AM
 #430

All information on internet is biased.
Especially this forum is one of the worst place to ask this question, because this forum has the biggest number of people who want to make their currency's price up.
So, they only say a good part of the currency.

You should make a chance to take contact with the dev team through Slack or Telegram and so on.
And then ask a lot of question and find out that whether you want to invest in the project or not.

Do not believe what people say, but you have to believe in yourself.

Anyway, I think a project called PundiX has good future.
They are already running a business in QR code payment in Jakarta with more than 100 shops, so at least it is not hard for them to find their first customer.
And I met the CEO and he was very active and honest man, I thought I can trust him and put some money for his project.


FrankNoland
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November 08, 2017, 05:15:01 AM
 #431

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.
Its safe only if you are not in a rush to invest, if you rush investing into an ICO you might probably fall into a scam. Since you will be having all the time, I would recommend that you read up every reading material provided by the project before you can actually make an investment, this will help you understand the project better and familiarize yourself with team behind the project, it will further help you determine whether its safe to invest in that project or not.

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November 08, 2017, 05:15:21 AM
 #432

It is better to be more selective in choosing the projects you want to invest.
Safe or not no one knows.
You simply depend on luck to be profitable or not at all.
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November 08, 2017, 05:16:47 AM
 #433

I don't see any problem in participating in ICO's as long as you won't do anything to harm or ruined their project or company you are safe. You just have to follow on their rules and regulation to avoid problems. I believe that ICO's have same mission and visiin and they are just helping us too so in return we must be good to them too.
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November 08, 2017, 06:09:08 AM
 #434

You have your own mind to use it and examine if an ICO is safe or not. There are a lot of scammy ICOs out there so your own knowledge will be your tool to determine if it is safe to participate.
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November 08, 2017, 06:54:22 AM
 #435

 its so simple, no pain no gain
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November 08, 2017, 06:54:53 AM
 #436

You have to examine ICOs before you invest in it. Take your time, study such ICO closely, join their telegram group and other social media channels available so that you can get update concerning the ICO.

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November 08, 2017, 11:17:42 AM
 #437

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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November 08, 2017, 11:24:52 AM
 #438

Yeah i participated in 10 maybe and it was quite safe. Only in one we were hacked by some hackers, but all of the people who invested money got their tokens straightaway

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November 08, 2017, 11:28:06 AM
 #439

If you have a lot of knowledge about ICO and choose projects that you think are potential and can make a profit then you should invest but you should be more careful because there are so many projects scam and they are very professional scam
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November 08, 2017, 11:29:03 AM
 #440

participate in ICO is always risky, especially if we don't know the basic history from the team member of the project,
because scam or not, good or not an ICO its bassicly depends on their team member
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