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Author Topic: how to choose ico that is not a scam? i newbie many ask  (Read 512 times)
NathanJB
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February 24, 2018, 03:50:39 PM
 #41

Hello guys... Wink

the development of the era, the more advanced technology and now ico many scam, I am here want to ask how to choose ico how?
please enlighten the teachers here
I need a lot of guidance

There are several things you will have to patiently do in order for you to make sure you that you are choosing a legit ICO. This is not as easy as you may think but at least you are doing something to keep you safe from scams. You really have to read the whitepaper of projects. You also need to check their website carefully for the details. And please get to know the developers of the project as well as their backgrounds.
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procopiapao
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February 24, 2018, 04:07:54 PM
 #42

Do some research about the project you are interested to join and you should read the whitepaper provided by that campaign. Another tip, you should not only read and understand, learn to analyze.
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February 24, 2018, 11:11:08 PM
 #43

A project managed by a good and trusted member of this forum is often an indicator of a great project. But of course that is just from an initial inspection. You can further research the team and their profile (if it is faked of not) and most of all evaluate if the project really has a good and viable idea.
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February 25, 2018, 01:17:51 AM
 #44

Yesssss do it i aggre with u
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February 25, 2018, 01:22:27 AM
 #45

First thing is community, second is advisor, third is your luck and belief.
Good luck!
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February 25, 2018, 01:37:56 AM
 #46

Hello guys... Wink

the development of the era, the more advanced technology and now ico many scam, I am here want to ask how to choose ico how?
please enlighten the teachers here
I need a lot of guidance

if you want to invest better you read first the whitepaper because usually on whitepaper there is a lot of information about their project, and I think you should know who the team and who are partners who join them
yugyug
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February 25, 2018, 01:50:52 AM
 #47

There are helpful site that will guide you on what good ICOs to choose from like the icobench.com, it will give you a rating and benchmark on some upcoming and ongoing ICOs. Another way to choose is to follow their activities like media exposures and event participations.
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February 25, 2018, 01:55:09 AM
 #48

Background of the developer is what I am the course the most because you kind of determine there whether he/she is for real on developing his coin; also you might want to check the project strategy of the team because if you feel like it would lead to nowhere then you shouldn't invest on it. Also the last one is trust your intuition it is one of the best asset you could rely on.

Asuka
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February 25, 2018, 04:16:26 AM
 #49

Hello guys... Wink

the development of the era, the more advanced technology and now ico many scam, I am here want to ask how to choose ico how?
please enlighten the teachers here
I need a lot of guidance
There are many  ICO in the Crypto World and most of them are great profitable and yes there scam but only few. To know if the ICO are not scam for me it's definitely hard, you should do a research read the WhitePaper check the Roadmap and the Team of project.
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February 25, 2018, 04:30:50 AM
 #50

Hello guys... Wink

the development of the era, the more advanced technology and now ico many scam, I am here want to ask how to choose ico how?
please enlighten the teachers here
I need a lot of guidance
Before you decide to invest in a project, you first need to find out about the background of the project, team, roadmap, and equally important is the community's assessment of the project. However, not the community is always right but it will make it easy for you to recognize a scam project

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February 25, 2018, 04:48:37 AM
 #51

It is not a trivial task, but one fundamental advice is to never trust easy earnings or certain profit promises. There is no free lunch.
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February 25, 2018, 04:52:52 AM
 #52

I see quite some interesting comments here, here is what I personally do:

- I take a look at their website lay-out
- I look at their team
- I look at their whitepaper (globally)
- I join the Telegram channel and ask several questions. Usually, you can find out if a project is legit or not by asking some difficult questions. Also, make sure they don't use a lot of bots in their Telegram channel to make it look bigger.

Startup for Cryptocurrency Community Management, Engagement and Marketing. Expert in ICO Advising and moderation of social media platforms happymod.io
cobak pole
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February 25, 2018, 05:19:24 AM
 #53

you should first see the website that has been created for the project, once you believe that altcoin will be good in the future with the policy of the project that we can understand the project is good or not.
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February 25, 2018, 05:26:08 AM
 #54

Hello guys... Wink

the development of the era, the more advanced technology and now ico many scam, I am here want to ask how to choose ico how?
please enlighten the teachers here
I need a lot of guidance
The profile of the team is one of the thing you need to consider, some developer do hide their identity.... Check medichain, its a good project by great developer

I think to know the ICO is a scam or not very difficult, because we can not see from the team information on the website only, because there are also ICO who have information about his team but still a scam.

bananafana
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February 25, 2018, 05:47:20 AM
 #55

This is a great question. I've never been on a bad side of an investment, thankfully. I just try to do as much research as possible about a project. I look at the team, the work they have done, the marketing they do, etc. I try to figure out if their project seems feasible and if it solves a practical problem. I like to see development, but I understand that sometimes it is not possible early on. I also like to see what the community has to say about the project. Ultimately, investing is risky business but you can't ever gain anything without risk.
Mr. Ar_Mongi
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February 25, 2018, 06:47:27 AM
 #56

First of all, you need to look at the developers - if there is  opportunity it would be nice to talk to them and find out what and how. If developers are enthusiasts and love their project, actively engaged in its development and PR, it is likely-it's not a SCAM, but if they they do not actively inform people about their project and development, the idea behind this project no, it is likely a SCAM.

Idun
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February 26, 2018, 12:32:46 PM
 #57

I think that the most important thing is to make a thorough and detailed study of the team and all aspects of the project, and based on that and your experience, draw your own conclusions. And then you can compare your conclusions with expert's critics and reviews to see if there is something you have not taken into account.
elnikova94
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February 26, 2018, 10:57:43 PM
 #58

hello:) seen quite a few comments down there. The advice given is great.
Look at the soft/low caps, WP, a technology side and an advisors' parts of the project. They are the signs the project is not a scam!
just had bad experience in trapping myself in one of them lately. the one's called Vechain. The ICO is over, but there’s still no working blockchain in place, and at GitHub there’s also nothing. They basically look like a scam. Now I've switched to VLB one. The guys looking promising to me as their team is advised by IBM and QIWI, the soft/hard caps are great as well as their WP. no doubt, there are much more examples out there, just shared mine,


i can add that the team is also very important, not just advisors. they shoulde be quite experienced and have a deep understanding of the market. VLB, the project you've mentioned, is a really good example. one of its founders, Oskar Hartman is in charge of such successful projects as CarFix and CarPrice, which're already established and working.
SportsbookBettor
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February 26, 2018, 11:04:09 PM
 #59

I think that the most important thing is to make a thorough and detailed study of the team and all aspects of the project, and based on that and your experience, draw your own conclusions. And then you can compare your conclusions with expert's critics and reviews to see if there is something you have not taken into account.

This is the process that we need to do. Identify all the teams and if that person is real or not because sometimes scammers use picture of different person especially people that are famous then name it different. Although sometimes we can't predict if ico will be going to scam or not and if we wanna know the only option is to try. We just do research and i think it will help a lot.

aaaamm
MartoValenti
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February 27, 2018, 01:17:31 PM
 #60

Choosing ICO, no matter for what, invest or bounty campaign for me is always through the same process. Research, research and again research. Also, I read the whitepaper and any possible information regarding the project. Also, the twitter info, regarding the project and try to find anything else in the net, regarding the project. Also, check the bounty manager. If the bounty manager is someone with a lot of ICOs and he has prove himself and the icos that he represent, than, the project should be ok.... Grin
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