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Author Topic: Queries regarding investing on ICOs. (Scam or Not)  (Read 266 times)
bakerlisa510 (OP)
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October 25, 2017, 07:24:44 AM
 #1

Nowadays, ICOs are scamming the innocent people who were curious and wanted to invest on ICOs and expecting profits. But I want to ask, whether all the ICOs are scam these days or not? Huh
I know there are some good ICOs as well, which are not scamming. Since I need clarification, I am posting this thread and I also want to invest on an ICO which will be starting from November 1st and really don't have much time. So, feel free to give suggestions.
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October 25, 2017, 07:30:29 AM
 #2

One thing you can do is before investing in any project, you need to do your own research. Read reviews about them. Follow their thread.

With that, at least you will have the gut feel if they are really legitimate or not. I know, it sounds too much work but you are putting your money to an unknown entity.

So you need to be very careful. I've seen a lot already here. At first, you can say, tell and defend that they are really doing the legal way, etc. but ended up running away after they took the investors' money. So much people here deceive potential investors. So good luck to your journey!
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October 25, 2017, 08:01:01 AM
 #3

You need to do your job as an investor. RESEARCH them thoroughly. If you don't want to be scammed by these ICOs, learn how to research and also investigate everything about them, since you are investing on them. You can also ask the senior members here if they think this coins is Good or not. Don'y be afraid to send them PMs if you are serious about investing and knowing the truth about these ICOs.

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October 25, 2017, 10:56:29 AM
 #4

You need to do your job as an investor. RESEARCH them thoroughly. If you don't want to be scammed by these ICOs, learn how to research and also investigate everything about them, since you are investing on them. You can also ask the senior members here if they think this coins is Good or not. Don'y be afraid to send them PMs if you are serious about investing and knowing the truth about these ICOs.

Exactly. You should be a detective+scientist if you want to be investor. And ofcourse - researches is the major part of work. You should always justify the risks by facts.

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October 25, 2017, 11:23:50 AM
 #5

No not all ICOs are scams but it is also true that newbie easily get scammed by scam projects because they don't make their own analysis about the project and just go with any investment advice they will get on internet or from friends.

You should check about every team member of the project, go through their whitepaper and try to understand why they are better than others, also look at soft cap and hardcap they have for ICO. Don't follow others, just do your own research before investing.

 
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October 25, 2017, 11:44:59 AM
 #6

You need to do your job as an investor. RESEARCH them thoroughly. If you don't want to be scammed by these ICOs, learn how to research and also investigate everything about them, since you are investing on them. You can also ask the senior members here if they think this coins is Good or not. Don'y be afraid to send them PMs if you are serious about investing and knowing the truth about these ICOs.
True, at least you ask for help to seniors here, or to your friends who have investors in an ICO, where it can minimize you from scam.Karena now many emerging ICO.jadi, a new one will be difficult to compare the ICO Scam or not. And what you need to have as an investor is always thorough and critical in behaving, good luck.

bakerlisa510 (OP)
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October 25, 2017, 01:35:46 PM
 #7

You need to do your job as an investor. RESEARCH them thoroughly. If you don't want to be scammed by these ICOs, learn how to research and also investigate everything about them, since you are investing on them. You can also ask the senior members here if they think this coins is Good or not. Don'y be afraid to send them PMs if you are serious about investing and knowing the truth about these ICOs.
True, at least you ask for help to seniors here, or to your friends who have investors in an ICO, where it can minimize you from scam.Karena now many emerging ICO.jadi, a new one will be difficult to compare the ICO Scam or not. And what you need to have as an investor is always thorough and critical in behaving, good luck.
Thank you so much, today I searched in the internet about this new coin named as rilcoin, and was thinking to invest as it's ICO is going to happen in few days and they are giving some kind of discounts in first's, in it if you guys (seniors) have any idea about this rilcoin please suggest, what should I do?
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October 26, 2017, 07:30:45 AM
 #8

You need to do your job as an investor. RESEARCH them thoroughly. If you don't want to be scammed by these ICOs, learn how to research and also investigate everything about them, since you are investing on them. You can also ask the senior members here if they think this coins is Good or not. Don'y be afraid to send them PMs if you are serious about investing and knowing the truth about these ICOs.
True, at least you ask for help to seniors here, or to your friends who have investors in an ICO, where it can minimize you from scam.Karena now many emerging ICO.jadi, a new one will be difficult to compare the ICO Scam or not. And what you need to have as an investor is always thorough and critical in behaving, good luck.
Thank you so much, today I searched in the internet about this new coin named as rilcoin, and was thinking to invest as it's ICO is going to happen in few days and they are giving some kind of discounts in first's, in it if you guys (seniors) have any idea about this rilcoin please suggest, what should I do?
Ask them on their Announcement Thread on Bitcoin talk and look for all of the comments, also look for the Scam Accusation and Altcoin Discussion Board, therefore you can see their reputation here. Also look for their team, and look for their profiles online are they claiming that they are involved in these developments? Use the power of internet to find the truth, I've given you some tips.

bakerlisa510 (OP)
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October 29, 2017, 08:19:16 AM
 #9

You need to do your job as an investor. RESEARCH them thoroughly. If you don't want to be scammed by these ICOs, learn how to research and also investigate everything about them, since you are investing on them. You can also ask the senior members here if they think this coins is Good or not. Don'y be afraid to send them PMs if you are serious about investing and knowing the truth about these ICOs.
True, at least you ask for help to seniors here, or to your friends who have investors in an ICO, where it can minimize you from scam.Karena now many emerging ICO.jadi, a new one will be difficult to compare the ICO Scam or not. And what you need to have as an investor is always thorough and critical in behaving, good luck.
Thank you so much, today I searched in the internet about this new coin named as rilcoin, and was thinking to invest as it's ICO is going to happen in few days and they are giving some kind of discounts in first's, in it if you guys (seniors) have any idea about this rilcoin please suggest, what should I do?
Ask them on their Announcement Thread on Bitcoin talk and look for all of the comments, also look for the Scam Accusation and Altcoin Discussion Board, therefore you can see their reputation here. Also look for their team, and look for their profiles online are they claiming that they are involved in these developments? Use the power of internet to find the truth, I've given you some tips.
I tried to post in the Announcement about the rilcoin but wasn't able to do so because you see I am still a newbie in the bitcoin talk, could you help me to do so because you seem to be a Senior member and can ask them about the rilcoin in the announcement and just add me if you can! I would be very thankful if you could help me!  Kiss
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October 29, 2017, 08:20:57 AM
 #10

Well, you need to do your own due diligence before investing in an ICO. No ICO people will tell you that their intention is to steal you bitcoins or money and run away with it. Also be careful to not to buy into ICO's with no hard cap, take tezos for an example.

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October 29, 2017, 08:26:07 AM
 #11

Nowadays, ICOs are scamming the innocent people who were curious and wanted to invest on ICOs and expecting profits. But I want to ask, whether all the ICOs are scam these days or not? Huh
I know there are some good ICOs as well, which are not scamming. Since I need clarification, I am posting this thread and I also want to invest on an ICO which will be starting from November 1st and really don't have much time. So, feel free to give suggestions.

Think about this. If you have to ask someone in this forum for validation of your decisions to join an ICO, then shouldn't you realise that you should stay away from it? All decisions have to come after your research, after your evaluation, and should never rely on the opinion of others, especially not on this forum where everyone is anonymous and using newbie accounts to promote ICOs.

Divide your reasons into Why you should join and Why you should not. Write them down clearly and then think. It's all about risk versus benefit.

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bakerlisa510 (OP)
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October 29, 2017, 08:28:27 AM
 #12

You need to do your job as an investor. RESEARCH them thoroughly. If you don't want to be scammed by these ICOs, learn how to research and also investigate everything about them, since you are investing on them. You can also ask the senior members here if they think this coins is Good or not. Don'y be afraid to send them PMs if you are serious about investing and knowing the truth about these ICOs.

Exactly. You should be a detective+scientist if you want to be investor. And ofcourse - researches is the major part of work. You should always justify the risks by facts.
haha Cheesy , i am no scientist although yes I am from science background (doctor)  Grin
but nowadays I am into this crypto world pretty much, and would like to be a part of it,
can't buy a bitcoin because it is too costly but instead of buying I am thinking of investing in some. Hope it will go well.
bakerlisa510 (OP)
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October 29, 2017, 08:34:34 AM
 #13

Nowadays, ICOs are scamming the innocent people who were curious and wanted to invest on ICOs and expecting profits. But I want to ask, whether all the ICOs are scam these days or not? Huh
I know there are some good ICOs as well, which are not scamming. Since I need clarification, I am posting this thread and I also want to invest on an ICO which will be starting from November 1st and really don't have much time. So, feel free to give suggestions.

Think about this. If you have to ask someone in this forum for validation of your decisions to join an ICO, then shouldn't you realise that you should stay away from it? All decisions have to come after your research, after your evaluation, and should never rely on the opinion of others, especially not on this forum where everyone is anonymous and using newbie accounts to promote ICOs.

Divide your reasons into Why you should join and Why you should not. Write them down clearly and then think. It's all about risk versus benefit.
Well I tried in many other platforms like facebook and twitter but so many of them (even my friends) told me about this bitcoin talk and through their suggestion I started following this forum.
Everyone told me that here are many peoples who develops the blockchains and all so I am asking this questions.
It would be helpful if you have any suggestions for me thank you!  Cheesy
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October 29, 2017, 08:34:50 AM
Last edit: October 29, 2017, 08:55:09 AM by Seansky
 #14

I tried to post in the Announcement about the rilcoin but wasn't able to do so because you see I am still a newbie in the bitcoin talk, could you help me to do so because you seem to be a Senior member and can ask them about the rilcoin in the announcement and just add me if you can! I would be very thankful if you could help me!  Kiss
You should be able to post on their announcement thread even if you are a newbie. To be able to do that just reply to their announcement thread and ask what the desired question to the developer. You can also just read the information provided on OP for basic knowledge about their project and their whitepaper for necessary info regarding the coin's tech. If you want more info regarding rilcoin don't hesitate to ask in their announcement thread they will be obliged to answer no matter what rank you are.
bakerlisa510 (OP)
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October 29, 2017, 09:54:53 AM
 #15

I tried to post in the Announcement about the rilcoin but wasn't able to do so because you see I am still a newbie in the bitcoin talk, could you help me to do so because you seem to be a Senior member and can ask them about the rilcoin in the announcement and just add me if you can! I would be very thankful if you could help me!  Kiss
You should be able to post on their announcement thread even if you are a newbie. To be able to do that just reply to their announcement thread and ask what the desired question to the developer. You can also just read the information provided on OP for basic knowledge about their project and their whitepaper for necessary info regarding the coin's tech. If you want more info regarding rilcoin don't hesitate to ask in their announcement thread they will be obliged to answer no matter what rank you are.
oh you mean to ask them in their announcement, I thought bitcoin announcement Grin Cheesy
I asked them the questions,
Thank you so much that was helpful i really appreciate it!
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