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November 10, 2017, 11:48:58 AM |
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It's very biased to say that all ICO's are scams. It comes off as bitter, and resentful, most likely due to ignorance, or a suffered lose of investment. There are many scams within this sector, as to be expected, but there are also many legit companies who are trying to find good grounding as a startup company. After all, Rome wasn't built in a day's time, and the same could be said of any startup without a solid foundation. It's best to practice due diligence, before embarking upon an initiative to invest. You should never invest more than what you can afford to lose. People are blinded by the Bitcoin stories of early investors becoming Lamborghini owners overnight, and throw all of their savings into a company who may very well, never get off of the ground, in a greedy attempt to get rich. If you search the boards here, especially within the altcoin section, you will find a never ending list of ICO companies. It is very hard to parse through the legit startups, from the scams. It really doesn't matter, if your going to invest, it's your job to research as much as possible. If you're unsure of investing, but really interested in a startup company, then you need to find out if they offer bounties, the only investment thereof, is time, and energy. In the end, it's you're call!
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