Is it safe to participate in ICO's?

[Kriptex]

totally nope. Dont invest into any ICO without idea about them. you need do many things to make sure they dont scam you. like check their profile, their advisor, their plan, their whitepaper.... many things

I only pariticpare their token sale if I know their project well. For this, I'm reading every single line of their whitepapers. I also learn about team members and see whether the team can do something good in terms of project.

[1714696162]

1714696162

[sibnia]

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.

You can talk on this topic for a very long time. The meaning of this is not small. I agree with most of the opinions in this topic that it is not safe, but it is not worth putting a cross on it. I will be brief and give just one piece of advice, start any project with the bounty company. Why? You will have enough time to make the only correct investment decision. To make sure my advice, you could consider a SwissBorg project (CHSB coin) to participate in a bounty program. The program has just started and the most interesting is yet to come.
The project deserves attention !!!

[Ray3z]

In every investments there will be always risk. Investing in ICO will be profitable if there are more investors in that new token and the amount of invested money will determine the value of that token. Some of them could succeed if it is properly advertise and has good technology behind it and others are just money grab to steal your money and just vanishes.

You explain it in complete way mate. Risk and reward normally will walk together in the same way.
No investment will offer you only the reward, since the risk will walk behind.

[LegendaryCash]

Suggest good ICOs please?

[kevinzxz]

I think before we join ico, we must first look at biodata, website, whitepaper and other things to ensure the ICO is not deceiving, the most important biodata of the team and the project must be clear (location and how the future of the project) if there is no doubt, I think it would be safe to follow the ico.

[caeles]

Participating in ICOs is just like investing on a certain coin, the difference is that coin is a new coin which is hoping to be a successful coin. ICOs can be said to be safe but some cannot be said to be a successful one. Some ICOs are having high price during their ICO but will have a lower price after their ICO so it is better to be wise on participating in ICOs. Always be updated on their announcements and don't hesitate to ask questions to some admins of a certain ICO. Don't let anyone makes you regret so be wise in participating ICOs.

[GloriousDonkey52]

With the exception of a few good Coins, our mentality towards ICOs should be "It's never safe, don't get hyped!" and only invest 1-5% of your available funds.

[xiaohang07]

ICOs are much safer than before, due to the lessons learned from a lot of hacked projects. In addition, there are more wallets that support ICO event in their app.

[emmybd]

At present, there are plenty of ICOs running. You have to find a good one for investment. You can google search and read about various ICOs and what others saying about ICOs. There is a few real ICOs safe for investment.

[Ryan Tirta Permana]

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 development of the ICOs, I think investing in ICOs is safe as long as you really can choose ICOs that are serious workmanship because there are also scam or ICOs that fail.

[Dodoymabs]

Participating in ICOs is just like investing on a certain coin, the difference is that coin is a new coin which is hoping to be a successful coin. ICOs can be said to be safe but some cannot be said to be a successful one. Some ICOs are having high price during their ICO but will have a lower price after their ICO so it is better to be wise on participating in ICOs. Always be updated on their announcements and don't hesitate to ask questions to some admins of a certain ICO. Don't let anyone makes you regret so be wise in participating ICOs.

That's right that if someone wants to participate in ICO they have to be updated just in case there are changes that will happen. We must also read their whitepaper because it contains all the details of what the project is all about. Considering we are finished reading their whitepaper we can come up with our decision whether the project has a potential to success or not.

[Golftech]

ICOs are much safer than before, due to the lessons learned from a lot of hacked projects. In addition, there are more wallets that support ICO event in their app.

Got some point mate, but in reality its still risky as we don't know what will happen after the ico period, the fate of the project still relied
with the investors and developers, if theirs a lots of updates that follows then the project will be safe knowing that it will continue to progress
and investors will start supporting the project and the value will rise.

[duyduc256]

ICO investment is risky but this is the best opportunity for you to make the most of your profits. But finding a high potential ICO project is very difficult because there are thousands of ICO projects in the world and Many projects can be x10 or x30

[erzascarlet_30]

Too much ICO's going around now. i think it is safe to participate just don't donate until you find out the platform or research about their project. But many ICO's today are very legit and soaring high now. Just be careful and giving out your details, don't ever ever put your private keys somewhere. Always check your details in spreadsheets if someone is copying your details, report it to admins or moderators. Goodluck

[kirito1614]

It is difficult to predict if an ICO venture will be fruitful or not. There's dependably chance in the realm of digital currency. The achievement of an ICO will rely upon how individuals acknowledges it and how the group/engineers embrace their token/coin. Be that as it may, one thing is without a doubt - it is justified regardless of the hazard once the ICO you've joined is effective. Go for broke and see what occurs next.

[mikyadel]

it all depends on the project itself and technology used but right now only few are legit

[masijjal]

I think it's safe to joint an ico. It's just that we should be smart to choose ICO. Ico scam usually offers unreasonable profits to get a lot of investors, then walk away after getting a lot of funds.

[AwpDragonPoor]

I wouldn't, honestly. You are investing money into a newly found currency, that you have no idea if it will succeed or fail. After the initial phase, there is also the chance that it might be a pump and dump scam. Sure, an ICO can become an excellent investment option, but im sure there are other currencies out there that can prove to be just as rewarding as investing in ICOs. If you want to invest anyways, make sure to do intensive research before supporting the ICO.

[bigmaster23]

Yes, it is safe to participate in some ICO it could unlock your potential on cryptomarket and having a better understanding of what ICO is all about just don't put all your eggs on one basket.

[HushRah]

Many of them must have already states about the pro and cons of. ICOs already. Nobody can guarantee the safety of any ICO tbh, it's you who has to decide which one to invest in and which one to avoid, and that comes with researching about the project and it's development, and if that convinces you then go ahead with it, else better stay back and watch how it progresses, so next time it'd be easier for u to identify legit ones.