Is it safe to participate in ICO's?

[Biastar]

It is not safe, totally not. If you just follow ICO blindly, not reading anything like whitepaper, then you are in close proximity with scam.
On anther note, to evade such unfortunate event, read their whitepaper. But do be careful still, many scam projects have laid out quite the impressive and convincing whitepaper. Having said that, not all scam are prepared with crappy proposals.
On another note, it is best to follow same dev team that you have worked and trusted before. In this manner you can really say that it is safe to participate.

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[shan05]

this topic os very timely, altough it is created as 2017. participating on ICOs is risky and safe at the sme time. It always depends on the project developer and the team. choosing it wisely is veru important as well as reading as many facts about the project. you cannot just join in an ICO right away without knowing important details ablut it.

[$$$sparkles$$$]

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 believe that there is almost no such thing as safe in the world of investment. There will always be risks in any business venture. Participating in ICO’s is not exempted from these risks. The risk factor is actually high in ICO investment. But as many would say, we wouldn’t know if we won’t try. And so we have to be bold enough to face these risks in order for us to have a chance of gaining.

[Raffy11]

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.

Do you mean by participating is investing?
Well it is not really safe because you can't guarantee that the Ico will become successful also some ico are scam so better to have more knowledge about the ico you want to join. So be careful in investing it's too risky.

[Oregano012]

Depends on what ico are you participating and what team are behind it , like everyone should do is research the team , company and probably read the whole white paper aswell

[cryptokudi]

here will always be risks in any business venture. Participating in ICO’s is not exempted from these risks. The risk factor is actually high in ICO investment. Read up every reading material provided by the project before you can actually make an investment, this will help you understand the project better and familiarize yourself with the team behind the project, it will further help you determine whether its safe to invest in that project or not.

[erichall]

this topic os very timely, altough it is created as 2017. participating on ICOs is risky and safe at the sme time. It always depends on the project developer and the team. choosing it wisely is veru important as well as reading as many facts about the project. you cannot just join in an ICO right away without knowing important details ablut it.

Too many people jump into ICOs and get burnt. People need to do a ton of research on them, the team, the goal, if they are unique, etc. Otherwise they will be wasting away their hard earned money.

[valnd]

Yes it is safe but bear in mind that ICO investing is not like it was last year ending and early this year, we are in ICO winter, SO only go for solid projects for me I only go for infrastructure projects

[novocaine]

ICO should be one of the most risky forms of financing in the world. It contains a lot of uncertainty and there is no clear law blank in any country.

However, ICO is the world's largest investment method with the largest short-term profit-making probability.

[Anchor867]

yes it is safe as long as you do your research and study that certain ICO because you never know if it is a scam ICO or not so by doing you research you can avoid being a milking cow

[fundyourself]

Yes, it is safe as long as you'll take note of the red flags.

Beware of of over-usage of buzzwords for the ICO. — Scam ICOs like to confuse the backers
by including lots of buzzwords, like blockchain, AI, marketplace or even invent their own terms when not needed.
They also tend to promise investors outrageous returns that are too good to be true.

Token sale & Subscribers are faked. — Successful ICOs like to show their token sale progress
by displaying their token sale address prominently, since it’s free marketing for them. Scam ICOs, on the other hand,
tend to hide their token sale progress by giving individual contribution addresses so that no one knows how much is actually raised.

Fake LinkedIn Profile, Fake Advisors. — Many scam projects now make an effort to do up a proper LinkedIn profile,
so you have to scan their profiles carefully. Look at their experiences and see if they have relevant qualifications
and check out the companies which they work at previously.

[Pitparker]

It is safe if you pick the right project which you could learn by reading their white paper and road map and make sure they have working product and strong team behind the project.

[md.falkone]

I think that it the same, as the majority of types of investments, some of them can be successful and lawful while others, as a rule, fail unexpectedly or worse, it can be swindle. I think that ICO has more risks, than investments into bitcoins as far as I observed here at forums therefore invest at own risk and be convinced that at first study its background.

[dasha_buka]

Even having full confidence in the project, you may not know what behavior will be in the future. Many people argue and this leads to the collapse of the ICO, and entire companies. Therefore, the risk is always there.

[cannycassiopeia]

If it not safe, then why are you here? Just looking around? Getting some information? Do you think, many people come here and join the ICOs if they're not safe? It is not safe if the project ask you to give them money in exchange of your registration to their project. That might be a scam

[PadenoM]

it depends if your project is serious or not, scam or not, then it depends i saw some serious ico where the price dump after the exchange platform release, so the answer is yes and no

[eltito]

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.

[Bonanzabits]

If you observe personal data security and do not violate the laws of your state, then why not? I think it's safe.

[trickyriky]

There are many negative comments abount participating in ICOs nowadays because it might be scam or it may not succeed. If you are planning to join in any ico, have a research first regarding the ICO you're planning to join. See their project if it has a potential to succeed or not.

I hope most of the people follow this advice. meanwhile, some ICOs and their teams seemed to us so good...and they vanished. yes, it is also a great risk to make these investments, but the riskiest guys now are rich.

[upbit]

Not all ICOs are safe and profitable, among them there are a lot of scammers. Before investing in ICO, you need to carefully study the team that stands behind them.