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Author Topic: Is it safe to participate in ICO's?  (Read 15590 times)
restumaulana
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October 03, 2017, 04:10:07 AM
 #61

I think it will be very difficult for a new coin to be the next currency, unless he's really a big and very mature project, but there are some pretty good progresses, like domraider, aventus, and stk

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October 03, 2017, 04:21:05 AM
 #62

Investing on ICO is no longer safe because most ICO companies after the sale of the price are heavily destroyed below the price of ICO. I suggest to think to investing there or maybe prefer ICO that has the best grade.



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hodlftw
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October 03, 2017, 04:43:52 AM
 #63

Depends on your risk tolerance and how big bankroll you got. For the most part however I would say ICOs are no good. I would prefer a premine that does distribution via airdrop. A coin like DeepOnion, Byteball, or Bitcore.


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October 03, 2017, 05:05:36 AM
 #64

maybe yes maybe not..yes if the dev is have experience high rating in trust and choice the dev with higher rank... some dev of ico have a newbie rank and take a doubt if theres have it..for me ithink im not participate in newbie rank of the dev because high chance of fail or they can run the payment and end nothing...
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October 03, 2017, 05:06:56 AM
 #65

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's safe but you need to check their ANN thread first and look at the project and their team. I think you can see their seriousness in the project, also don't forget to join their slack or telegram to find the newest update about the project. I usually do that all before I invest my money into an ico.
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October 03, 2017, 05:43:44 AM
 #66

There are so many scam ICOs but there are also really professionals who live depending on you in choosing ICO who is working with DEV for the management of a project that is running. look for information through the media that discusses about ICO so that you are not wrong in choosing ICO to invest in a project. you should continue to monitor every project that is being developed and working with ICO and it can be your way to choose ICO that is not a scam. I myself have experienced an error when I invest the crypto I have that is managed by ICO and ultimately I also got a loss. based on the experience I have experienced now I will be more careful in choosing ICO so that I do not experience a mistake a second time.

 
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ethereumhunter
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October 03, 2017, 06:18:26 AM
 #67

i think its safe but you need to make sure that the ico have a good project by reading their whitepaper and asking if you don't understand. this is important if you want to invest your money to them because you want to make profit with them so base in their whitepaper, you can know the project is worth for your money or not.

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October 03, 2017, 06:19:37 AM
 #68

So many scam ICO, be careful and due your own diligence.
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October 03, 2017, 06:23:52 AM
 #69

Investing in ICO is a good thing but there are pitfalls. Some might just be shitcoins and some are just avenues for them to make money and later abandon the project. It all depends on the devs so always do a follow up and read everything readable. The hard part is following your gut.
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October 03, 2017, 06:35:08 AM
 #70

Usually,i would read about their whitepaper and check the partner of the team before i invest in an ico project.
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October 03, 2017, 06:38:11 AM
 #71

For the love of god there is nothing that is safe to do in this world. You can't even guarantee that you will get back home safe and sound of stepping out of it. If you are looking forward to invest in ICO's, I suggest that you should do a through research about its team, whitepaper and how the team is corresponding with the community.

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October 03, 2017, 06:38:58 AM
 #72

It would depend on the project, if the project is solid then it could be worth the investment but make sure to spend time and research well before investing.
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October 03, 2017, 06:44:55 AM
 #73

ICO that are based on smart contract Erc 20 on Ethereum platform are safe! In other words, you can rarely lose your money because the moment you send your money to designated contract, you should get your token instantly if it it design so. However, the value the market will place on those ICO token are different issue!
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October 03, 2017, 07:30:23 AM
 #74

I think it's safe. I don't think bitcoin forum allows the scammer to enter in this site but I'm not so sure. Maybe you must study first the ICO the you want to join. So be careful in choosing an ICO.
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October 03, 2017, 07:59:29 AM
 #75

ICO offer cheap token price and also sometimes there are any bonus, so will be promising high profit after listing on exchange. But it would be risky if it happened instead the token price is cheaper than ICO price. And will be more risky  if the project fails and the token not listed in any exchange. So to get profit from ICO investment depends on the how to analyze the ICO, which must be done before investing in ICO ,like to know the profile of the team founder, they are should be solid and proffesional and also should be understand the purpose of the project and what problems to be solved by reading the their white paper

EXIP PROJECT
A Decentralized Domain & Top-level domain service where your domain and TLD identified by a NFT
────────  Whitepaper ⬝  Twitter ⬝  Telegram⬝   Facebook ⬝  Medium    ─────── 
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October 03, 2017, 08:01:07 AM
 #76

Yes, as long as you gather and research enough information about a particular ICO. I once experience a SCAM and it is so frustrating, few things to remember: First, Not all good looking ICO websites are true, they may look pleasing so that more people will get attracted to it. Second,  there were project that is too good to be true. It might promise you a good profit but will leave you at the end, better to choose more realistic one. And Lastly, check the development team. Be sure that the people related to it are real and has good background. Check their credibility and to be sure be attached with an ICO which has more well known personality.
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October 03, 2017, 08:10:37 AM
 #77

Yeah, Some ICO's are real. But before invest in ICO's first check is it not spam or frauds?
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October 03, 2017, 03:16:27 PM
 #78

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?
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October 03, 2017, 03:19:30 PM
 #79

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.

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October 03, 2017, 03:21:52 PM
 #80

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.
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