80% of ICOs are Scams

[Supec77]

Honestly surprised where such figures, just now the market is heavy so many go with it,but it's not Scam projects were, and many after ISO now fall very strong price, sometimes even in minus X10-X15 from the price of ISO,so think for yourself and see what's better, but for me only 20-30%

[jack107]

Always always DYOR. I agree that most ICO's are scams, but the good ones are reaaaally good

[Veles shalet]

And this is not exact statistics. I believe that about 90% of ICO is a scam. In general, the concept of scam is rather blurry and therefore some ICO can be called a scam for various reasons.

[Ford Prefect]

Yes there are plenty of scam projects and they are making troubles for good ideas.

There is no incurance from cases like that(( Only your intuition and your gut can tell you in waht project you should invest your money.

[weblaraveluser]

Currently there are many not successful ico, as their sales results did not reach softcap. When the market falls I do not recommend participating in the ICO.

Good suggestion. I also stopped participating in ICOs in this decline. The market for ICOs raised $12 bln this year but there are 800 dead coins.

Dead coins are because of bad developers and that is the reason why the value in the market is decreasing, there are still a lot of good ico's in the market and you just have to study their platform before investing in order to determine if their project is really good for long term investment.

[uwouw0]

Sincerely most ICOs are scams but not all. We still have better projects, better ideas and innovations coming up through ICOs. The job of an investor therefore should be to look for a profitable ICO to invest in

[argakiig]

it's correct. No one can make you invest. that is voluntary. and you should be responsible for your money. Many ICO scams because they know we do not have much knowledge of the crypto market. they only evaluates an ICO through the pictures DEV have drawn. And they just pay for some celebrities to see that person's image on their wpp.

[joshua0502]

Yes its true. But it is still up to use if we will believe in them. But dont compare legit ico's to those fakes, legit ico's are giving us a good feedback for what we wanna get from our hardwork. And for me you have to research well to avoid scams and always remember that yourself is the number one you should be trusting and no one else.

[MadSmiles]

Yes its true. But it is still up to use if we will believe in them. But dont compare legit ico's to those fakes, legit ico's are giving us a good feedback for what we wanna get from our hardwork. And for me you have to research well to avoid scams and always remember that yourself is the number one you should be trusting and no one else.

Scams are only there because there is a lot of money in cryptocurrency. Invest in the coins that is pumping so you can make money.

[olacubic32]

Most ICO are scam to factual but they are few out there with a very good potential of succeeding. Before joining an ico thorough research must be made and you need a bit of luck also

[blindminer]

Currently there are many not successful ico, as their sales results did not reach softcap. When the market falls I do not recommend participating in the ICO.

Good suggestion. I also stopped participating in ICOs in this decline. The market for ICOs raised $12 bln this year but there are 800 dead coins.

Same here, I also walked away. ICO investors don't see profits anymore when trying to sell on an exchange. The interest and the demand has dropped as many people left the crypto space, especially the ICO space it seems. It might pick up again in 2019.

[minipun]

yeah I think this could be correct because I see most of the ICOs are not successful nowadays .So we have to think a lot before invest in an ICO . some of them have good concepts but the team is not good enough to make it successful . don't be lazy do a good research before invest

[maga-king]

I do not agree if 80% ICO is a scam, it could be ICO is not completed sales.  It is necessary to wait for the green market, then it will be possible to invest again in ico

[pokeviktor]

80% of the ICO projects are scam, which is absolutely true. Because people are greedy and they want to steal other people's money. Investigate the project and team before you invest. If you are unsure, do not invest.

[elisabetheva]

I do not agree if 80% ICO is a scam, it could be ICO is not completed sales.  It is necessary to wait for the green market, then it will be possible to invest again in ico

I strongly agree that in the present situation, trade is rather difficult, indeed events like this must happen and I am sure there are still many that are good and can finish well

[happyme1818]

Many ICO are scam but not 80%.  many of them are failed to reach their target sale that I is why they have to declare as a failed ICO sale. It is not considered as scam because many failed ICO give back the investors money to avoid legal case that could bring them in jail.

[balodon88]

Many ICO are scam but not 80%.  many of them are failed to reach their target sale that I is why they have to declare as a failed ICO sale. It is not considered as scam because many failed ICO give back the investors money to avoid legal case that could bring them in jail.

I also think that the ICO scum is less than 80%.  But all the same, you should be careful not to invest in suspicious companies.

[grinifols]

It's worth spending more time studying so you really know what's behind the project and its working product.

[Xclusive5]

Yes, let us even say that 99% of ICOs are scam because it baffles me when an ICO that raised over $20M will still find it difficult to list on a first class exchange so that it will have liquidity. Most of the project after their ICO they just disappear into the thin air and will be listed on decentralized exchange where everything will dump to zero.

[kipozer]

It's worth spending more time studying so you really know what's behind the project and its working product.

I fully support the opinion that the project should be thoroughly studied before investing, only after that it is possible to think about investing, many people without thinking are not investing it correctly.