Lets be careful on what we are investing
Fantastic33:
Read this several minutes ago. We must be vigilant on what we are investing and must do some research or study first if the project that we wanted to join is legit or not. So sad that there are some ICOs who are just making money for their own sake. Because of this issues, people becomes scared of cryptocurrencies and thinks that other cryptos that are legit are scams too.
http://www.livebitcoinnews.com/denaro-ico-raises-8-7m-and-goes-up-in-smoke/
Hamphser:
Quote from: Fantastic33 on March 24, 2018, 03:09:41 PM
Read this several minutes ago. We must be vigilant on what we are investing and must do some research or study first if the project that we wanted to join is legit or not. So sad that there are some ICOs who are just making money for their own sake. Because of this issues, people becomes scared of cryptocurrencies and thinks that other cryptos that are legit are scams too.
http://www.livebitcoinnews.com/denaro-ico-raises-8-7m-and-goes-up-in-smoke/
This would been always part of the risk since we do know ICO investment do really have the tendency on getting failed or scammed along the way.You cant change the fact since there are really people who are greedy which they do all the possible things as long they can able to make money.They do see that ICO are one of the best ways to earn easy money to their investors.Creating a very unique project which can really caught attention but on the other side devs do already have the plans on scamming.
darkangel11:
Quote from: Fantastic33 on March 24, 2018, 03:09:41 PM
Read this several minutes ago. We must be vigilant on what we are investing and must do some research or study first if the project that we wanted to join is legit or not. So sad that there are some ICOs who are just making money for their own sake. Because of this issues, people becomes scared of cryptocurrencies and thinks that other cryptos that are legit are scams too.
http://www.livebitcoinnews.com/denaro-ico-raises-8-7m-and-goes-up-in-smoke/
People should be scared of shitcoins. That's the painful truth! There's so many crypto scams out there that it can be compared to walking on a minefield. To put your money in, profit and get out requires you to take a number of steps on the minefield and chances that you'll blow yourself up are high. People are lying to themselves thinking they can outsmart the scammers and that's how it ends: in tears.
BillCoin:
ICOs are the most risky investment in the cryptocurrencies world and everybody who chooses to invest in ICO tokens should be doing it with high amount of caution.
When investing in an ICO, you need to make sure that the organizers are well known and have the knowledge to finish the project as planned, because ICO projects tend to fail and most of them won't even complete what they promised.
On the 2nd hand, you need to make sure that the market cap is not too big, because then you won't have enough space to make the profit and it won't worth the risk.
mostcrack:
it seems that now many irresponsible people have been on behalf of ICO to reap profits by cheating, we need to know where you invested the first step to be careful indeed investing in ICO is very high risk, be careful in choosing ICO, which I trust only ICO has been proven to pay, usually the new ICO vulnerable to fraud but in part.
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