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Author Topic: Is it safe to participate in ICO's?  (Read 15592 times)
Trcream
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March 07, 2018, 08:16:45 AM
 #1641

You have to do everything in your power to take risk away. That means reading the white paper, looking at the token metrics, looking at other peoples reviews (ico bench is decent). After you due your due diligence, it takes a lot of the risk away. However, you can never take all of it away!

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jakiro.hovard
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March 07, 2018, 08:17:26 AM
 #1642

Participation in the ICO can not be guaranteed and is safe, especially today. Because today there are very few rules that developers should follow, it seems to me that these people are simply not ready for the truth, because today there are quite a number of projects.
Trcream
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March 07, 2018, 08:18:24 AM
 #1643

Not all ICOs are safe to participate. Some of these icos are scams. Others can be vaporwares backed by nothing. Since the bear market, Only few icos have managed to stay around or above the ico price. The rest have all sunk down. I know of a project IUNGO that raised over $40M. But the current market capitalization is around $5M. That means It's around 80% below ICO price.

Is it that $80M raised and $5M now at a comparable market rate? Maybe they ICOd at the peak of the market.

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MeongElek
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March 07, 2018, 08:29:29 AM
 #1644

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 of course, I have great hope for ICO to succeed. Some people say the ICO is at risk, possibly the wealth we invest into ICO will be taken away by a scam ICO. But we must know more background and white paper from ICO, so as not to get stuck with ICO scam.

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Snakerist
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March 07, 2018, 08:33:09 AM
 #1645

No, it's not safe. You should do a great research whether this project is good or not. And even if you did a hard work there is no guarantee.

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March 07, 2018, 08:36:05 AM
 #1646

Be vigilant and find an ICO you trust.
Nauticus Supervisor
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March 07, 2018, 08:38:11 AM
 #1647

Yes, but you have to be really careful about which ICOs you invest in. You should also bear in mind that the value of the coin takes time to increase and may not be immediate. Be patient and believe in the ICOs you invest in.
otundebis
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March 07, 2018, 08:38:21 AM
 #1648

ICO is as safe as it need to be.  As far as ICO is concern,  you are responsible for your safety!  However you can take precautions that are Neccesarry  for your safety.  Don't take part in ICO that does not have community. Watch out for larger than life promise and idea,  they are not real but they are simply ruse.

markgayamo
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March 07, 2018, 09:01:24 AM
 #1649

There are so many ICO's to be joined but watch for the scam one and make sure that the ICO has their own platforms and other information about their programs. So it is safe to participate in some ICO's and its up to you to decide and to whom trust.
AiwaDima
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March 07, 2018, 09:21:11 AM
 #1650

On my own experience, I can tell you that there are such projects in which it is worthwhile to invest money, since these projects will live and develop further after the ICO, but very carefully choose where you invest because there are so many fraudsters
ashlyvash00
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March 07, 2018, 09:27:58 AM
 #1651

I think intial coin offering or ICO is safe because  i been doing it for a year i didnt scam. It because i read and analys it carefuly you wont be scam. But ICO now is bad to invest because they always down Sad
Bitcoininspace
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March 07, 2018, 11:00:21 AM
 #1652

There is the trend now that a lot of projects for participation require the passage of the KYC registration. I do not like to give any data but these projects often prove to be safe.
Pasadoble
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March 07, 2018, 11:01:37 AM
 #1653

It depends on your decision, if you choose good ico, with good idea, then yes it is safe.
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March 09, 2018, 10:34:50 AM
 #1654

not all ICO's are safe, most of it is fake so its risky. you just need to do research for it to get the best and profitable icos out there
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March 09, 2018, 10:37:23 AM
 #1655

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 of course, I have great hope for ICO to succeed. Some people say the ICO is at risk, possibly the wealth we invest into ICO will be taken away by a scam ICO. But we must know more background and white paper from ICO, so as not to get stuck with ICO scam.
"Background, white paper from ICO", lol Cheesy! What do you think about these things? Do you think these always real information, real words? And the most important can these things will happend like wrote in roadmap and whitepaper? Never!
ankurguta87
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March 09, 2018, 10:43:30 AM
 #1656

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.



Absence of regulatory oversight which exposes investors to risk. The ideology of many investors revolves around the presumption that investments are risky ventures, and there is no such thing as a safe investment especially when securities are not insured.
Investing in token sales and their derivative cryptocurrencies are risky and have vast economic consequences
MiXxe
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March 09, 2018, 10:44:01 AM
 #1657

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 of course, I have great hope for ICO to succeed. Some people say the ICO is at risk, possibly the wealth we invest into ICO will be taken away by a scam ICO. But we must know more background and white paper from ICO, so as not to get stuck with ICO scam.
"Background, white paper from ICO", lol Cheesy! What do you think about these things? Do you think these always real information, real words? And the most important can these things will happend like wrote in roadmap and whitepaper? Never!
No one can know surely that an ICO have plans to scam or not so it is on individual investors way of investigating and checking everything that involves in crypto if they are legitimate or not. I dont wanna change your mind or to argue because i respect yourv opinion and in my ownself my concerns is the safety in participating is within in our own hands.

cheezcarls
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March 09, 2018, 10:52:37 AM
 #1658

For me, participating in ICOs cannot guarantee you unless they have a trusted team and with great reputation. Before you join any initial coin offering (ICO), please be sure to double check the LinkedIn and social media profiles of each team member if they are real or not. If a team member's social media profile is kind of new, that would be doubtful for me.

It should be an established Facebook or LinkedIn profile from any team member to make them look legit. Another way to prove that they are legit is that they have videos of their own (not whiteboard or animation) recording themselves or so. You might not want to end up getting scammed just like Benebit did before, which the team members' photos were just stolen from a school website.
twostepsally
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March 12, 2018, 05:46:56 AM
 #1659

It safe but you know the process and project information. More project in the ICO. So you learn the projects information. Then it easy to choose thr best project to invest. Before invest check the project. It important for projects improve. Projects will be improve. It useful to you for future growth. It good opportunities for improve your self.
tamarindbleu
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March 12, 2018, 05:53:09 AM
 #1660

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.
For me it's a yes participating or joining in ICO's is very helpful for us to make more profit or money in crypto world, and my my advice is to join or to just participate on the ico that has a great team and has  a great white paper so in that way you we will be sure that the ico you join is great.
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