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Author Topic: Never invest no product ICOs  (Read 6759 times)
gerkuless
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June 08, 2018, 07:17:43 AM
 #501

Most often, if a company does not have a product, then this is a scam project.  I advise you to be careful with such projects.
halehale
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June 08, 2018, 03:06:21 PM
 #502

It seems that with so many current ico, we do not really have time to learn all the projects one by one. Of course ico that has a real product is a good thing. But in fact they are also not always successful, as happens in real estate products for example, this is because the perception of similarities have not been formed in this community.
Jombrangs
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June 08, 2018, 07:49:47 PM
 #503

I will not do that, I will invest in the company who are in group of ICO because they are legit and not scam . there are some people taking advantage from it but it is still profitable to invest and worth for the income.
Gmtrosgd
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June 09, 2018, 01:24:24 PM
 #504

I do not trust companies that do not have a product.  Most often, such companies do not reach soft cap.
vitalskir
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June 10, 2018, 04:35:52 PM
 #505

I agree.  Investing in a company without a product is a risk.  It is better to find another company.
duanavj
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June 11, 2018, 09:16:57 AM
 #506

Most of the ico projects started to be advertised and promoted when there were no products. Until they started ico, the products did not come out. At most, there was a demo. But it's hard to ask them to start ico after they've made a product. That's unrealistic. Without funds, how come out of the product?

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atupolev
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June 11, 2018, 11:34:41 PM
 #507

True. I guess as with any speculative investment you have to weigh up these risks....feasibility, adherence to timeline, etc. A specced out project which is on target isn't really just promises and hype.
Loropot
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June 12, 2018, 08:38:12 AM
 #508

I agree, investing in a company without a product is very risky and it's better not to take chances and find another company.
zacad
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June 12, 2018, 12:00:55 PM
 #509

Your advice is very good. I have mentioned these with my friends and I will never invest in any ICO products. ICO in the market now has no credibility!

Delfintor
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June 12, 2018, 03:39:59 PM
 #510

People are more likely to trust projects that have a product.  Therefore, such companies have a great chance of success.
teinblek
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June 12, 2018, 03:43:17 PM
 #511

Yeah that is true, but nowadays ICO products are rarely exist, they just pronote their ICO and we won't believe easily with that condition. Because the ICO with the product are looking good to be trust. But now most of ICOs are potentially to be scam.
AleksBBB
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June 13, 2018, 11:59:14 AM
 #512

However, note that there are many credible and reliable projects which lack products, which might be a missed opportunity. You just need to know that you have more risk when you invest without a product to show.
happy.memory33
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June 13, 2018, 02:54:37 PM
 #513

i agree sometime because we never knew if the promising ICO is a scam it is better to be sure so we can know what we will invest and not but the crypto world is a risk taking world so it is up to you
teplohodov
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June 13, 2018, 04:52:13 PM
 #514

I agree.  Investing in a company without a product is a great chance to lose your money.
DEVIDIRUS
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June 13, 2018, 05:02:09 PM
 #515

yeah, I see your point and actually it makes sense. I didn't even think about that before, thanks for a good idea and I totally agree with you
Gloria Uc
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June 13, 2018, 05:03:33 PM
 #516

Correct me if I'm wrong but under the concept of any ICO it is understanded that there is something that is not developed yet. Even if the company have a product they still gona need money to either develop it or add any new features (otherwise why do they need money?). In both cases you don't know what will happen with the final version of the product. Even the team is not always guaranteeing a quality of the company. For example I've been looking thru 2 ICOs trying to chose one to invest. The first one had a smaller (but still solid) team and communicated well via telegram while the 2nd ICO had a huge team with multiple levels of support that has been dodging me all the time.
It is important to understand that ICO should me analyzed in many different ways because even the ICOs with a product can still have some unclear things.

I agree with you sir, one has to analyse it in various ways before investing. The ICOs with products might still issues they are not bringing to the public
yrsat
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June 13, 2018, 05:41:27 PM
 #517

Most crypto projects in which I invest do not have a finished product, if the product of the investment price will increase significantly. In this and the sense that the money received by the development team will realize their ideas in the finished product, which then will be released to the market.
Barbarian
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June 14, 2018, 02:45:19 AM
 #518

Never invest in ICO if dont have product. because ICO without any working product can easily be a scam. But not all ICO without product is scam, maybe initially they dont have it. that;s why the company using ICO ways to collect funds to make their product. Learn about their whitepaper and roadmap. in roadmap they will explain about when the product release, when ready to use and etc.
But better if they already have working product first
An ico with a working product is a safer choice but at the same time it is an ico which is not going to give as many profits and since many people here want to obtain the most profits then it is natural that they take greater risks and put their money in icos without a product yet.
blinkin
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June 14, 2018, 10:59:03 AM
 #519

I agree.  Investing in a company without a product is very risky.  And a very big chance to lose your money.
capoklhok
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June 14, 2018, 11:02:55 AM
 #520

I also think so, because I will choose and trust an ICO project that already has a great and famous product before, because it will be more clear where the direction, the process, the real progress of what will be developed in the future.
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