Is it safe to participate in ICO's?

[bcnaranjo]

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.

[tsaroz]

It's investment.
You invest for their project by buying their tokens and the value of tokens would be proportional to profit of the project.
Most of the ICO's are profitable as their price would increase on reaching the market.
But some of them are total scams which would lead your investment to nothing.
So, study about the project before investing.

[tukangkopi]

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.

safe or not it depends on the project developer or I can not figure it out, next bitcoin? no, I'm sure there are no coins that can rival or replace popularity as the first crypto currency.

[Slowhand26]

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 would say yes and no. Yes because ICO or let say the whole project it self is very promising and there are lot of good projects related to ICO. I say "NO" when we are talking about the whole ICO, as you said there are lot of ICO coming out, surely there will be a scam and sh*tcoin after the introduction. So make sure to do research, participate here to know more

[eternalgloom]

The way you're describing it, it's definitely not safe at all. It sounds like you just pick several ICO's and hope that they'll be worth as much as Bitcoin soon.

You're much more likely to end up with nothing than to earn a lot with those investments if you do not pick the correct ICO's.
How should you even pick them? Even ICO's that look like they've got a good business plan or idea behind it can still fail, it's overall very risky.

[VanDeinsberg12]

It's safe if you're talking about whether the devs will run away once get the money or not, as long you are capable of judging the devs by looking at their past experience not blindly investing.
talking about the safety of your money, it's really depends. sometimes the project can fail so your money will gone or vice versa.

[burnedbyfees]

It's safe if you do your research and know what (and who) you're buying.

[shenjing85]

I think if you make deep research including learning the experience of the dev team and find out the potential advantage of this project, it is safe, if you can not do that or just follow other's advice without checking it by yourself, it is dangerous.

[lunafreya]

If you search well about project before investing, it is safe for sure. There are lots of ICOs and their number increasing everyday. So there are some scams naturally. Thats why you need to search well before you investing in it.

[Tyrantt]

nothing is 100% and that's the fun thing about investing, there's no 100% guarantee that you'll succeed and profit in the end. Just do the research, consult with other people before investing anywhere, that's my suggestion of everything.

[DaedRik3]

Not safe if you are in South Korea right now.

[wordspavovv]

NO! You invest to a group of people and to an idea, you never know what will turn wrong. But this is the reason why ICOs have big returns, because are high risk investments with big returns. If you want some safety with low returns, buy DASH, ETH or BTC

[VanDerWaals]

Investing in ICO is the same risk as investing in everything else. Maybe even more because there are not any regulations.

[ahmedjamal1998]

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.

No, It's not particularly safe to invest in "ANY" of it since a lot of them might turn out to be scams.
You need to find a good one that actually does have something new to offer and is grabbing quite enough attention. Not to mention of course that have to do your part of reading the whitepaper.

Don't put a huge amount of money into it though because they're still risky.

You really should not get your hopes that high as nothing will ever replace bitcoins. Just take this word and put it as a rule. Bitcoin is the top. Every single other coin/token depends on it. Btc is what gives them value.

[stuartb]

Because there is no regulation it's so cool. Waiting or something cool will be with the ICO or not stimulate the release of adrenaline.
Will it be a scam or not? Provided that you do not invest in this big money:)

[Blakscorpion]

As safe as paying a plumber in cash without contract.
If there is an issue you can't complain

[rudystyle]

You need to  be wary of ICOs now. There are quite a few scams now with greedy founders. It's best not to become greedy and invest in established coins like BTC, ETH, NEO etc

[左]

You will always need to look out for yourself, investing money is never "safe", your ROI is never a sure thing.
Maybe with regulations and bans nowadays, it will be a little better.

[ask]

Be carefull before investing in ICO's . there are too many scam ICO's around here.
Read whitepapers and do a research before jumping in. Also read discussions about project in this forum.

[Barbercash]

I think this 50/50 risk even after studying project. Luck in help))