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Author Topic: Is it safe to participate in ICO's?  (Read 15513 times)
tanghere02
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October 03, 2017, 03:25:56 PM
 #81

of course it depends what ICO you mean and you follow. indeed today many ICO scam, but surely not all of them. I think there is a good project and you can do a lot of research to choose a good project.

Exactly, there are actually a lot of good ICO's you just have to be sure which of these ICO's are worth it and do a lot of research on the project, their roadmaps and the developing it. I think those are the basic information you have to gather when you want to know if the ICO is a scam or not.

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October 03, 2017, 03:28:38 PM
 #82

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.

fisrt you must see the development team first, and then see the project and price then you can join ICO

agree with you, the first thing I see in ICO is usually the development team. if the team is a solid developer, good work and have a good response, and have a profile that can be trusted, optimist project is quite safe
maybe i can understand for a team of developers who experienced, because they have written it in the caption but how to judge that their team is solid and trusted? whereas we do not know how their cooperation can be said to be solid and we do not know the track record of every team member because we do not know them even google may also not know them, so how to judge they have a trusted team?

I guess we can judge them by their popularity or work/experience based on the provided information along with their real pictures. Even though they are a popular or very high tech people or team if the projects wasn't good enough or usefull it will be a big risk for the investors. Every ICO and project has a risk make sure to know and read first.
I always consider a project that already raised money from private or angel investors even before they announce an ICO in the bitcointalk. that'll be a plus point because they put an effort to atleast seek for real investor that passionate with their project, and I can think that if that investors investing that much money into this project, it's reliable.

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October 03, 2017, 03:40:36 PM
 #83

Yes it is safe to participate in the ICO's but first you must know the team , the project they are doing and also the token or coin they are promoting. You must also check the website of the ICO's . It must be a detailed information and the links of sheet for all the campaign must be displayed. You must also be aware of all the rules and tasks required of the following ICO's.

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October 03, 2017, 03:46:55 PM
 #84

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.

fisrt you must see the development team first, and then see the project and price then you can join ICO

agree with you, the first thing I see in ICO is usually the development team. if the team is a solid developer, good work and have a good response, and have a profile that can be trusted, optimist project is quite safe
maybe i can understand for a team of developers who experienced, because they have written it in the caption but how to judge that their team is solid and trusted? whereas we do not know how their cooperation can be said to be solid and we do not know the track record of every team member because we do not know them even google may also not know them, so how to judge they have a trusted team?

I guess we can judge them by their popularity or work/experience based on the provided information along with their real pictures. Even though they are a popular or very high tech people or team if the projects wasn't good enough or usefull it will be a big risk for the investors. Every ICO and project has a risk make sure to know and read first.
I always consider a project that already raised money from private or angel investors even before they announce an ICO in the bitcointalk. that'll be a plus point because they put an effort to atleast seek for real investor that passionate with their project, and I can think that if that investors investing that much money into this project, it's reliable.
It depends also in their backed companies if any will help but in such situations like any other unexpected or unknown ICO that had been successful without a reliable background and relying on their best project more than the team is a very risk.
Going to your point but what if a project doesn't have any pre-sale or private sale held will you avoid that ICO?

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October 03, 2017, 03:54:54 PM
 #85

Always do a research or try to read everything first before joining.  We can never know if it is safe or not therefore it is important to validate it or research about it. Its up to us we if we are willing to take the risks.

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October 03, 2017, 03:56:01 PM
 #86

It's safe if the project is good! if it has potential, great founders with huge experience, real product use case....like these guys https://bitcointalk.org/index.php?topic=2135473.0 check it out!
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October 03, 2017, 03:56:17 PM
 #87

of course it depends what ICO you mean and you follow. indeed today many ICO scam, but surely not all of them. I think there is a good project and you can do a lot of research to choose a good project.

Maybe you're right for that, they just need to research the ICO project before investing in it, because if you are researching the ICO project you want to invest, you will never have a high risk of losing your money in the future.
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October 03, 2017, 03:58:41 PM
 #88

do you know cryptocurrency the key of cryptocurrency ?

NO GUARANTEE AT CRYPTOCURRENCY

if you remember cryptsy, btc-e, paycoin etc. so many scam at cryptocurrency and goverment cant do anything to get your money back.
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October 03, 2017, 04:01:00 PM
 #89

I would say that it isnt safe. There are a lot of ico projects right now, you have to research a lot by yourself, dont buy because one person says that one project is good, just investigate and good luck. Another thing that you can do is to join an airdrop, there are a lot too. Im participating in the deeponion airdrop, its the best one.

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October 03, 2017, 04:03:51 PM
 #90

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, it is totally safe to participate. Is just for yourself If you want to take apart with a certain ICO. Impact we have also earned big money from joining campaign and by investing it. And besides, there is no criminal liabilities we worried about if ICO is failed or there will be scam happening within the project.
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October 03, 2017, 04:05:43 PM
 #91

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.
Is it safe or not really depends on you doing your own due diligence exercise....Vet/Examine all details about any specific ICO before jumping into it....Read its White Paper carefully, take a look at the team bio, idea, # of tokens, distribution of tokens.....and so on

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October 03, 2017, 04:08:56 PM
 #92

It is not always safe to participate in an ICO because most of the ico now a days are scam. If you are interested in an ICO then do your home work and search thoroughly about the project and it's market impact.
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October 03, 2017, 04:17:13 PM
 #93

If you do business through ico, of course everyone is worried about the ico, but not all ico is a fraud. You have to be careful first to join ico. or your coins will be lost. and most importantly you need to know how their team works, whether it's a good ico or just a scam.
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October 03, 2017, 04:29:02 PM
 #94

There was a saying that it's not safe to live - people die from this. There is always a risk. The catch is to measure the risks and potential profits carefully.
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October 03, 2017, 05:13:15 PM
 #95

We've had a frustrating week watching a lot of scammy ICOs do well from their marketing over-budget compared to our medium(i mean, for a bare bones startup, surely 20-30k usd is reasonable-ish!) budget, and we barely get a look in.
Pls help us get the word out a bit
https://aronline.io

It's safe to participate if, and only if:
- All team members publicly identify
- Whitepaper is legible, easy to read, and not using too many marketing terms
- Has an actual company formed around it (otherwise you're giving money to a loose group of individuals)
- Product has a roadmap showing some kind of pending release or progress milestone, otherwise they may be dipping for funding just since ICOs came out instead of actually requiring it now

Our presale: https://aronline.io/arx-ico-pre-sale-information/
Our whitepaper: https://aronline.io/whitepaper/
Our team: https://aronline.io/who-is-assistive-reality/
Our social contacts and links: https://aronline.io/social/

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good luck sorting them out! we're all of the above and genuine and very high-aiming, if you want to support us https://aronline.io
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October 03, 2017, 05:17:52 PM
 #96

There was a saying that it's not safe to live - people die from this. There is always a risk. The catch is to measure the risks and potential profits carefully.
Lol.

It should depend on what kind of project it is, if the proper amount of researching doesn't give any insight on what the project is about then it would be unsafe to invest in.

 
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October 03, 2017, 10:47:10 PM
 #97

of course it depends what ICO you mean and you follow. indeed today many ICO scam, but surely not all of them. I think there is a good project and you can do a lot of research to choose a good project.

Exactly, there are actually a lot of good ICO's you just have to be sure which of these ICO's are worth it and do a lot of research on the project, their roadmaps and the developing it. I think those are the basic information you have to gather when you want to know if the ICO is a scam or not.

Completely agree. First of all you have to do your own due diligence, but if you are unable to perform full research or there is not enough info - this is the first and main fishy sign.

I always consider a project that already raised money from private or angel investors even before they announce an ICO in the bitcointalk. that'll be a plus point because they put an effort to atleast seek for real investor that passionate with their project, and I can think that if that investors investing that much money into this project, it's reliable.
X-ray, your point of view is brilliant. I wish all projects that I've been interested in were publishing this info.
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October 03, 2017, 11:17:59 PM
Last edit: October 05, 2017, 10:49:44 AM by Bagaji
 #98

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.
Well, there are some of the ICO that are good and legitimate and at the same time, many of them are coming up with shit project of which one need not to invest his/her money in them. All depends on your due diligence exercise to know which one is good and legitimate for you to invest your money.
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October 03, 2017, 11:20:04 PM
 #99

I think its not safe to participate in ICOs in thad bad times for ICOs. A lot of scammer are arroung, so better watch out guys! Invest in some real projects and do enough research!
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October 03, 2017, 11:25:29 PM
 #100

yes but make sure you do some research regarding the people and the objective of the ICO you want to participate, if there is somethigg wrong with those two you better stay away from it before it is too late.

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