Is it safe to participate in ICO's?

[seek4dream]

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.

As you said, there are so many ICOs coming out every week.
It is very common you find the price is below ICO once it hits exchange.
So you need to distinguish the best ones from hundreds of others.

[kemet jr]

If the question is about safety , the answer is generally yes as the processes involve in ICO investing is guarded by security processes but if you pertain to the profitability aspect of ICOs, that is without definite assurance. Some ICOs are still gaining certain moonability but they are not as attractive nowadays as before because of the FUDs surrounding bitcoin. In my case, I suspend ICOs investing and I am just focusing right now on bounties.

[haji lulung]

ICO is a fundraising mechanism where new projects sell their underlying crypto tokens in exchange for bitcoin and ether. As the company’s value gets higher and becomes well established in the marketplace, the token’s value rises as well, which enables investors to gain more profits.
Unfortunately the crypto space has become riddled with scams and cons. Its difficult to tell sometimes which projects are true, from those that are only designed as money grabbers.
In order to differentiate the scam and con ICOs from those that are true, we need to look at the following; The team, 3rd party/independent escrow provider, is the website secure?, Community response, KYC/AML - Does the project implement or conduct any form of KYC (Know Your Customer) or AML (Anti Money Laundering) processes?

[Advicerabi]

Of course it is safe to participate in ICO's but safest thing in participating ICOs are joining their bounty campaigns. If you want to invest, we must doing some research because there a bounty is scam. Like thoroughly go for whitepapers, roadmap and development team of that ICO.   

[Cactushrt]

Yes it's safe but you must research about their project ico ratings are great help nowadays because they are being rated by the experts and reading their whitepaper also helps.

[SugoiSenpai]

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 is safe to join ICOs, only if you have ran a background check on the Team behind it. As far as I have experienced in investing on ICOs I have learned that There are ICOs who have an unreliable team that are inexplicable inexperienced on the development of their Project. This results in Scams, Failures, and HYIP types of ICOs. In order to always be safe in ICOs, You must do Your research carefully and speculatively. Research for it's team, their Platform, if it's unique and can help the economy. Always be alert of the teams updates and actions join their social media groups and always stay updated.In short, participating in ICOs is safe only if You are patient enough to do all these thigs I have said. Do not be fooled by Scam ICOs.

[Schultz88]

Investing is all about risk, talking about safe or not then its depends on many things. Lets say you are beginner in this thing, so you need to learn and do many research to know deeply about an ICO, you have to learn their fundamentals such like their ideas of the project, the team composition, who is behind the project, the product they will produce, the plan (its in their whitepaper), how the market responses to their project. By learning those things you will found out which is ICO safe and worth to invest.

[Jonnitor]

nowadays, there are so many scam Ico coming out, you must have an investigative research in every Ico you want to participate with. Read their whitepaper, have some questions with their support, visit their website if they have. And if you think that this project is not scam then it is safe to invest.

[ArifBestari]

If you know how to chose, then yes. But no one can predict the success. Be careful.

[AlexViet]

This is a venture capital market and we should be prepared mentally to lose the account. With the ICO nowadays, it is difficult and risky to choose a good ICO.

[purplemoon]

There are no guarantees on the crypto market. You yourself must make a decision about investing. But you must understand that you can lose everything. Now there is a lot of ICO, where the risk of losing money is minimal. Just need to understand this process. Not all coins grow at once, but if the project is good, then it will bring profit in the future.

[LUCKY21]

Nobody can guarantee you anything in the market for crypto currency. But if you carefully approach the choice of a company for investment, then your investments will in time bring a fairly good profit. The main thing is to choose the ICO for investment.

[therhslv]

Its kinda safe , but if you look from other side its like Gamble 50/50 Chance that you will profit . But if you study project and do some review on ICO'S you can make like 60-70% Chance to get profit. Ofcourse you can get lucky and get x100 or more Remember always Invest what you can afford to lose and you will be fine

[snowbubble]

I think icos with time got less and less chance to hit jackpots,because new coins are just erc20 without any planning to go huge, just to pump and dump.

[Denlv]

Ico is not secure newer becose u can lose ur investments in one click,and at this moment is many scams like 43% in this year..before invest take look about project,faces,names,surnemes and if all is good then only invest..In my opinion i prefer bounty signature campaigns no invest,and good reward for ur work..

[NScryps]

ICO's can always be risky. i recommend investing in a ICO that has a good team and a good purpose to it.
the last i heard of is an ICO called Liberdy that is disrupting the data advertising world.

check it out liberdy.io

[Twilvin]

well every ICO i participated in , the price fell under ICO price ..
but there are some very profitable
its about luck more than tech/marketing/etc..

[andreyka0308]

I believe that investing in new ISO is always a certain risk, but still it can be very profitable business. Since if you came up smart and read the roadmap of the company and saw that a team of professionals is working on the project, you can buy the vests of this company.

[gg20222]

Yes. Its safe to join ICO. There are many ICO here. Plenty are trusted. Few are scam. Still got to take risk in this world.

[Birin016]

You must understand that all projects that promise big profits are very risky. Therefore invest in ICOs only the money that you can afford to lose. But I know from my own experience that it is possible to earn very well with ICO investments.