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Author Topic: Is this a scam  (Read 19904 times)
cryptoenterprise
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November 08, 2017, 09:04:06 AM
 #21

I disagree with people saying do not invest in ICO's.
I say don't invest in ICO's that are fake! But you will ask, HOW ?
Always do research, checking websites on ICO's is not enough information to determine a Scam or Fraud. You need to go further into researching, like ask more experienced traders or investors, check forums, possibly look at Telegram groups see what they say also. You can also Google it.
Be cautious always. There are ICO's that are legit.

brobbel
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November 08, 2017, 09:06:44 AM
 #22

On cryptocompare.com, I found the Avesta ICO - it looks nice, but coinanalysis.io says they're a scammer.

is that true?

Edit: Forgot the link http://coinanalysis.io/avesta/

Quote from their website:
Coinanalysis – No coin will be left unreviewed

They analyzed exactly three (!) coins. So I'm not sure how they claim to have enough knowledge about this.

I don't know if Avesta is scam or not. But I do know I don't trust Coinanalysis.io either.
tam31
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November 08, 2017, 09:29:45 AM
 #23

On cryptocompare.com, I found the Avesta ICO - it looks nice, but coinanalysis.io says they're a scammer.

is that true?

Edit: Forgot the link http://coinanalysis.io/avesta/

Do you think that someone will tell the truth here? You can try to find here this project, see what the people are writing. If there are many dissatisfied, then most likely it is true. But, negative reviews in that branch can be deleted by the local moderator.



Some people can lie about it. You need to research for yourself if its a scam or not. Read about the team what have they done ? Is the project good for the future ? Are there people supporting it ?

If you can answer to these questions and its logical it maybe not a scam but you can also wait and see what happens if they are on the market. Try to buy a little to make 100% sure that its not a scam.
johnmark1997
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November 08, 2017, 10:07:59 AM
 #24

The best think you do to us to  the expert . Or tell to your group  , like telegram.
Defloration
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November 08, 2017, 10:10:16 AM
 #25

Research is very important
No one wants to invest in an old and unstable building
So we have to look at the infrastructure
CryptoAdvizor
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November 08, 2017, 10:10:32 AM
 #26

i would say they are a scam
bazar111
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November 08, 2017, 10:14:49 AM
 #27

Investing in  ICOs is not very big profit usually. You can always buy it cheaper later once it is available on some small exhanges. Or it will be very lpng term for you money.
Seskjaler (OP)
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November 08, 2017, 05:26:25 PM
 #28

I'd stay away from it.
My 2 cents.
Yeah, I agree.
Jalum
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November 08, 2017, 10:37:06 PM
 #29

On cryptocompare.com, I found the Avesta ICO - it looks nice, but coinanalysis.io says they're a scammer.

is that true?

Edit: Forgot the link http://coinanalysis.io/avesta/
Yes, that coin is going to scam the investors. They will wait till they have enough people interested in it then bail.


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crypto-curious
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November 08, 2017, 10:57:34 PM
 #30

Look at the competency of the team members and read their whitepaper...do they seem legit? Or does it seem like they're in for a quick buck?

Always do your own research, the crypto world is still in its early phases, people will be coming up with ways to make quick money.
anelenaniku
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November 08, 2017, 11:00:59 PM
 #31

Well there is not a fixed solution to know which ICO is a scam, but there are some strong indicators.
1. How good is the whitepaper
2. How much transparent is the team
3. If they have real accounts on Linkedin
4. How good background has the team
Seskjaler (OP)
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November 11, 2017, 08:11:30 PM
 #32

Well there is not a fixed solution to know which ICO is a scam, but there are some strong indicators.
1. How good is the whitepaper
2. How much transparent is the team
3. If they have real accounts on Linkedin
4. How good background has the team

Their whitepapr is literally a whitepapr, it has that many spelling mistakes LOLLL
Seskjaler (OP)
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November 13, 2017, 08:19:48 PM
 #33

Look at the competency of the team members and read their whitepaper...do they seem legit? Or does it seem like they're in for a quick buck?

Always do your own research, the crypto world is still in its early phases, people will be coming up with ways to make quick money.

Hmm, you have a point
nexus2k14
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November 13, 2017, 08:48:00 PM
 #34

The best strategy is not to invest in ICOs. You can always invest later once it is available for trading and/or once the project proves itself.

Deepcryptomine gave you best possible advice, for beginner start investing in ICO's it's like put sharks in swimming pool and swim with them pretending it will be all right.  

He is absolutely right, if you really want to participate in ICO just wait until gets to exchange and price stabilize (usually starts higher than ICO price and slowly rise because people that didn't make on time when ICO was live want to buy quickly from exchange)  usually after few days sometimes 2-4 weeks price drops below ICO and then is best time to buy, plus you have guarantee that your project was legit not scam.  
clarkt
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November 13, 2017, 08:51:14 PM
 #35

What say you? Do you think It's a scam. What information have you gotten from internet to coroborate what people are saying. Whether It is a scam or `not you 've got to find out foryourself not depending on anybody is saying.

Pab
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November 13, 2017, 09:04:58 PM
 #36

If thay will have functional product some days,weeks months after ico than it is not make sense to buy ico,you can observe his development after ico if you like you can buy than below ico price from market
No chance now for any bittrex pump,devs are very nice but after ico is diffrent
Does that coin has something with security,name is similar to Avast antivirus,scamers often are using that kind of trick

 
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bane1990
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November 13, 2017, 09:43:01 PM
 #37


too many are scam now. difficult to tell the difference,  I have 55 tokens but maximum are nothing

BTCMILLIONAIRE
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November 13, 2017, 09:52:17 PM
 #38

The best strategy is not to invest in ICOs. You can always invest later once it is available for trading and/or once the project proves itself.
The best strategy is to decide from case to case what the best strategy is.
Seskjaler (OP)
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November 14, 2017, 07:35:30 PM
 #39


too many are scam now. difficult to tell the difference,  I have 55 tokens but maximum are nothing

Yes there are many scams D:
Zadicar
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November 14, 2017, 07:42:35 PM
 #40

The best strategy is not to invest in ICOs. You can always invest later once it is available for trading and/or once the project proves itself.
The best strategy is to decide from case to case what the best strategy is.
We should really have always a basis if we do invest or not and as you said decision would really depend on the situation.Even though most ICO nowadays are scams but there are still some project which are really worth to join to which means we should really be careful on selecting and analyzing which one is it but this would really be a tough job for us.

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