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Author Topic: Is it safe to participate in ICO's?  (Read 15519 times)
Telybin
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May 18, 2018, 02:39:10 PM
 #2421

Before you ask this question, you should think about whether you are investing in the right ICO project and whether you are profitable. When investing, profit will be proportional to risk. So the higher the profit, the higher the risk.
condura150
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May 18, 2018, 02:43:17 PM
 #2422

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's an investment. Investing on something no matter how big or small it is involves risk, good things can happen as long as your willing to take the risk. My advice is that you do research about the ICO and project before investing, if you feel like that ICO or project could go a long way invest on it. Also, never invest an amount you can't afford to lose.
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May 18, 2018, 03:37:12 PM
 #2423

Looking at which project, you must before you participate to analyze the team and the idea and whether there are prospects for the project

Probinus
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May 18, 2018, 03:47:15 PM
 #2424

Participating in ICOs are really risky. Why? Because:

1. It's all faith. Faith in the coins they have and the project it envisions.
2. Putting out cash is pretty risky. But being in crypto is really risky.
3. Unlike bounties, earning would be pretty hard. (Investment - profit)

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Vova.vova
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May 18, 2018, 07:04:06 PM
 #2425

   I use ICO Vireo and I am very pleased. I recommend this project if you want to cooperate with a reliable and proven ICO.
Kinoman
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May 18, 2018, 07:06:11 PM
 #2426

Joining ICO is not very secure, because there is always a risk that the project will die and you will lose money. But ICO can give you a very good earning.

stan_
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May 18, 2018, 07:16:31 PM
 #2427

Joining ICO is not very secure, because there is always a risk that the project will die and you will lose money. But ICO can give you a very good earning.

Yes that how it work now in ICOs. Even very good and promising , hyped project can make a big loss on the market. And you cannot say when ICOs will bring a lot of x and when you will loose your money.
Be very picky with ICOs where you invest!

admtall
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May 18, 2018, 07:17:46 PM
 #2428

Participating in ICO could be a good opportunity instead. In all things, risks will be involved. It's the matter of how you define safety, especially in cryptocurrency world. As far as I know, ICOs are safe. You just need to make sure that you don't join a scam. Make sure to do a lot of research before joining. Just telegram discussions on these ICOs and see it from there as well. Might be also helpful to know if these are good to invest in.


Crasengover
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May 18, 2018, 07:24:55 PM
 #2429

Every investor should be aware that there're a lot of SCAM ICOs. This issue is very much disscussed now. Even SEC created a fake ICO to warn all the investors against cryptocurrency scams. They created a common ICO with all star advisors, and a short whitepaper. But if you press "Buy tokens" you'll be redirected to SEC page, where you'll see which factors allow you to detect a scam ICO. So be safe and never trust anyone exect yourself.

greydking
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May 18, 2018, 07:27:49 PM
 #2430

It is safe if you review what you are buying, if the project is okay and we are aware that many ico-tricksters are engage in many websites so we will first look up and check before we can participate in the project.
Viecoin
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May 18, 2018, 07:31:42 PM
 #2431

It is never safe. That is why there is risk and reward. You have to DYOR, and even then you can't be sure the project is going to succeed or not scam you. Try to manage your expectations and you will be fine
alex_andr25
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May 18, 2018, 07:33:48 PM
 #2432

Now the biggest problem in the ICO market is scam. Now many people want to earn by fraud. % of the scam is very high-minded and the investor is simply afraid of losing his investments, staying without anything. But there are projects that guarantee security and honesty, after all they are already managers, who have hired any project and know what they are doing-and the investor trusts them to a greater extent.

320hz
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May 18, 2018, 07:33:57 PM
 #2433

I think crypto is a big risk. Investing in ICO or altcoins can lead to big losses. You must carefully choose the project for investment.
the rise
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May 18, 2018, 07:43:37 PM
 #2434

Participating in ICOs are really risky. Why? Because:

1. It's all faith. Faith in the coins they have and the project it envisions.
2. Putting out cash is pretty risky. But being in crypto is really risky.
3. Unlike bounties, earning would be pretty hard. (Investment - profit)

there is no problem if they provide a refund option in their sales clause, and of course KYC is mandatory for investors, but I am not indiscriminate in any project, at least I struggle to do research and analysis that I think is right after I talk. with their developers / ceo, there needs to be a verbal analysis.

Jay Jay crypto
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May 18, 2018, 07:49:00 PM
 #2435

With Bitcoin blockchain leading the surge in the cryptocurrency market, having a market capitalization of over $136 billion USD, shows consistent growth in marginal profit and has also inspired today’s altcoins and many in the cryptocurrency community towards building new crypto undertakings. It is safe to say at this point that while this new technology is uncharted territory to most economic systems, the current level of adaptation is being explored and new use cases are developed on a constant basis to demystify this economic tool.

The blockchain is the premise for which all Initial Coin Offering and their derivatives are built upon. As internet based businesses are moving their real world assets unto the blockchain, they find it convenient to use the digitized form of their assets to leverage the blockchain possibilities to their advantage. On the other hand, exploiting these possibilities have revealed flaws and cracks within the decentralized system as many have attempted to use the network for illicit purposes.
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May 18, 2018, 07:58:05 PM
 #2436


By the way, this is a very serious matter, the participation itself seems to be safe, but I do not consider the passage of KYC personally as safe for the investor, anything can happen
Willfirst
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May 18, 2018, 08:01:12 PM
 #2437

I think for now better do not partipicate in ICO, better way it's - investment to TOP alt's, they are have more chance "go to the moon(later)" than partipicate ICO.
Look at the top alt's they are perspective, and always progressing, like "Litecoin".
numbertech
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May 18, 2018, 08:19:47 PM
 #2438

Participate in ICO is always risky, especially if we don't know the basic history from the team member of the project. Because scam or not, good or not an ICO its basicly depends on their team member!!!
arpaul
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May 18, 2018, 08:22:43 PM
 #2439

If you have a lot of knowledge about ICO and choose projects that you think are potential and can make a profit then you should invest.
But you should be more careful because there are so many projects scam and they are very professional scam!  Embarrassed
arthurgrand
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May 19, 2018, 06:35:43 AM
 #2440

In my opinion i believe 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 and safer.
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