How to check if ICO is scam or not?

[GREENch]

I took for the groundwork this subject: https://bitcointalk.org/index.php?topic=2822896.msg28918031#msg28918031
The author in some detail and competently describes the possible troubles that can occur when you select the project and identifies the points which need focus.

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[BitcoinHunt3r]

No one can guarantee that your investment is 100% safe, because even a legitimate ICO project can fail for a variety of reasons!

That is why in some investment, we can't use money that we use for daily life, only use free money that we afford to loss. Almost all investment are risky even only holding bitcoin. But if we can analyze, we can minimize that risk.

[sinta23]

Hey guys, I'm new to the whole ICO world, and BTCtalk as well. I've been reading about a lot of scammy ICOs that take people's money and run away. I'm looking to invest in a couple of ICOs but have no way of knowing if they are good or not. Can anyone tell me how I can go about doing this without losing any money? 

if you really want to invest, and do not want to be hit by a scam, yes you have to check all the sites that are related to a project, whether the project is clear where it is or only one person is running it, because we have to examine everything in advance.

[Badboy[BTC]]

The first thing you need to look at when choosing a project is the team namely their links in social networks and it is desirable to check whether the information provided on the site is the same as the reality. Some scammers usually take other people's photos and pass them off as their own, it's easy to check

[hohuan101]

No one can guarantee that your investment is 100% safe, because even a legitimate ICO project can fail for a variety of reasons!

Right. Sometimes it's not entirely the fault of the company. There are many factors that lead to failure, and it's possible that at the beginning it's not a phishing project, but for some reason it has become.

[bjmpoker001]

Hey guys, I'm new to the whole ICO world, and BTCtalk as well. I've been reading about a lot of scammy ICOs that take people's money and run away. I'm looking to invest in a couple of ICOs but have no way of knowing if they are good or not. Can anyone tell me how I can go about doing this without losing any money? 

You cannot check it and find out the scam ICO just by checking. You must conduct some research about the ICO company.
The common thing to research is the profile team and the project itself. If it has some red flags, just leave that ICO.

[jayendo]

Hey guys, I'm new to the whole ICO world, and BTCtalk as well. I've been reading about a lot of scammy ICOs that take people's money and run away. I'm looking to invest in a couple of ICOs but have no way of knowing if they are good or not. Can anyone tell me how I can go about doing this without losing any money? 

Rating sites and the project site is exactly what will help to determine the quality of the ICO. No other way. also, this can greatly help the public opinion and the documents that the creators provide to potential investors

[masterfu678]

In order to understand the quality of the project or not enough to study the white paper and the project site. I think that otherwise it is impossible to understand the seriousness of the project. Now I choose on this principle

[warcarft3]

First, you must distinguish between ICO differences. Second, you need to understand his technology. This is very important. Good technology can be successful, not a package. This is an industry that needs technology to have a future.

[Kevinatin]

In order to determine if ico scum or not i do the following:
1. I read white paper
2. I evaluate the quality of the site
3. It is necessary to evaluate the idea that the team is trying to bring to life
4. Get acquainted with the composition of the team, evaluate their previous experience.
These are basic concepts that you need to read. You can also pay attention to the community, twitter, Facebook, telegram channel. Often the participants of such groups are fake.

[honghe99]

Usually choose the bounty activity. I will first analyze the success rate of the product, such as making a cup suitable for drinking water or a swimming pool that provides drinking water for everyone. It's easy to see the true extent of the event!

[pelumi20]

There are several ways to know whether an ico is a scam or not. The first thing to do is to read the whitepaper and check whether the idea is feasible. Research about the team members and see if they are transparent enough. Check the opinion of other top analyst before you invest in the ico.

[Atang Sulaeman]

There are several ways to know whether an ico is a scam or not. The first thing to do is to read the whitepaper and check whether the idea is feasible. Research about the team members and see if they are transparent enough. Check the opinion of other top analyst before you invest in the ico.

but in my opinion that alone is not enough because I myself have followed the bounty that all the founders have even until the white paper is very complete they still disappear after getting money from investors. and that's my own experience.

[elite070]

Hey guys, I'm new to the whole ICO world, and BTCtalk as well. I've been reading about a lot of scammy ICOs that take people's money and run away. I'm looking to invest in a couple of ICOs but have no way of knowing if they are good or not. Can anyone tell me how I can go about doing this without losing any money? 

I am tire to read some replies that says, look at their white paper, or some sort of that, the best thing to figure out a scam ICO is to experience them, join to their bounty and let them show hints that they are scam.

[joeperry]

Every ICO has their own projects the platforms and where the coins are going to use etc. and they have their own problem to solve using their project or coins so to check if the ICO is a scam check their whitepaper, check hoq they will solve the problem and see for yourselves.

The team, community, etc. is secondary.

[AwoCorporation]

There are several ways to know whether an ico is a scam or not. The first thing to do is to read the whitepaper and check whether the idea is feasible. Research about the team members and see if they are transparent enough. Check the opinion of other top analyst before you invest in the ico.

but in my opinion that alone is not enough because I myself have followed the bounty that all the founders have even until the white paper is very complete they still disappear after getting money from investors. and that's my own experience.

you're right all of that is not enough to prove an ico is a scam or not. the fact is that there are many perfect ones but the reality is a scam. all of this is like returning to luck from ourselves. if we are lucky we will get money, if we are not lucky maybe we will lose money.

[Georgiyk]

When choosing projects, I am guided by the analysis of popular services, such as TokenMarket, ICO Stats, ICO Rating, ICO Tracker, Coinschedule, which publishes ratings of projects based on analytics. If any project is suitable for me, then I start to study whitepaper, the team, the roadmap and other available information.

[Adya]

Hey guys, I'm new to the whole ICO world, and BTCtalk as well. I've been reading about a lot of scammy ICOs that take people's money and run away. I'm looking to invest in a couple of ICOs but have no way of knowing if they are good or not. Can anyone tell me how I can go about doing this without losing any money? 

you should to watch on their offer. what they want to do for your money. learn the development team, find them on social media. and so on.

[Turkish88]

First look at the team, then find some of persons from team on social and ask then about this projet, if they say you what they hear about it first time ))) you know what need to do.
Then analyze idea, look for altenatives and compare features, find the bestest

[Meizu]

Hey guys, I'm new to the whole ICO world, and BTCtalk as well. I've been reading about a lot of scammy ICOs that take people's money and run away. I'm looking to invest in a couple of ICOs but have no way of knowing if they are good or not. Can anyone tell me how I can go about doing this without losing any money? 

Unfortunately, even a very experienced investor will not be able to distinguish a really good ICO, which will be implemented in the market in the future and bring profit. And for beginners, I think it is generally an impossible task. The only advice is to study the market and be careful and cautious when investing your personal money.