allanr
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April 17, 2018, 10:17:12 PM |
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I never invested in ICO that have shity website, have less than 15 page of whitepaper and dont have real product, you also need to check company background and the team member aswell.
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stomachgrowls
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April 17, 2018, 10:18:10 PM |
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icos are good way to invest but there so many scam as well how to recognise the scam icos ?
Do your own homework.How? Research and investigate things regarding or towards the project.It is very hard actually yet scam ICO's nowadays is really hard to determine on the earlier phase yet they do design,market almost on legit way which we do even believe that they are real without knowing that their intentions is just to scam.This is why sometimes intuition will be a big help,when you see shady things or act then better to skip it out.
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batang_bitcoin
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April 17, 2018, 10:18:42 PM |
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icos are good way to invest but there so many scam as well how to recognise the scam icos ?
LinkedIn profile of the team and check out if there is someone from them that has past shady activity.
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Rent this sig space so that BTC goes to $100k.
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vaso11
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April 17, 2018, 10:20:07 PM |
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icos are good way to invest but there so many scam as well how to recognise the scam icos ?
It is necessary to determine the idea of the company, to evaluate the popularity (popular projects are rarely crooks) and, of course, to study the team.
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Veseloff
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April 17, 2018, 10:22:26 PM |
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icos are good way to invest but there so many scam as well how to recognise the scam icos ?
First of all, look at the site of the project, how it is executed, qualitatively? Whether there are spelling mistakes in the text, read the whitepaper, see how it is implemented. Everything should be at the highest level and look very good. Then the project has a good chance of being real and promising.
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danherbias07
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April 17, 2018, 10:23:31 PM |
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To ignore them simply press the ignore button. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Block them at telegram if that is where they try to invite you. To recognize a good one then look at their roadmap. See the product that they will be making and try to imagine if there will be a good sense into what they will try to make. The team should be good at cryptos and also have a marketing strategist that can explode their market cap. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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nakamote
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April 17, 2018, 10:28:36 PM |
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Some of the ICO scams looks legit,until these people turned the table so no,you cant really avoid scam projects but you can choose not to join any so that you wont be losing anything! it is risky than trading blindly because you are going to lose everything if the project that you invested to has turned into a big scam,some of these projects are allegedly connected to previous schemes so i can say these people are in group.
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tonyosa
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April 17, 2018, 10:28:58 PM |
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It will be almost impossible to completely avoid scam ICOs since much of the market is grossly unregulated.But we can at least reduce the chance of investing in scam by a good research.That will most times eliminate 90 percent scams.Look out for crappy whitepaper,plagiarism,phony team members,advisers (contact them if a notable figure is listed),website,vision, concept (does it deserve funding in the first instance),originality,social media page-is it a new page or outright rubbish,activities,is there a parent company or research group,what is on ground,is there a viable project already,roadmap etc.The list is endless.Ask questions,it is your right to know.
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bratbu
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April 17, 2018, 10:41:17 PM Last edit: April 18, 2018, 01:56:50 AM by bratbu |
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Basically you cant,because these people are professionals,the website and whitepapers are good enough not to be noticed as scam,the people behind these ICOs looks legit ,but might turn into a scam all of a sudden and you wont have any idea when will these people are going to scam the investors,so as a good investor you should be doing your research.
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trademark
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April 17, 2018, 10:48:53 PM |
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There are definitely ways to minimize your chances of getting scammed during an ICO. Research the team is very important, find out if they are real people or not. Don't invest everything you have into ICOs, only put a small portion and the rest in well established projects.
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nellycanezo
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April 17, 2018, 11:00:38 PM |
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icos are good way to invest but there so many scam as well how to recognise the scam icos ?
It was hard to ignore scam ICO. Why ? because in the first place, we can't identify if the specific ICO is scam or genuine. We can't judge their white paper and platform. Because even their white paper and platform is like genuine, there should be possible that the project is a scam. You will only know it at the end of tokensale. So, instead of ignoring ICO. I will advise you if you are an investors, you should avoid to invest to those new ICO instead invest to trustworthy token like bitcoin, ethereum, litecoin, etc... And if you a bounty hunter and wanting to avoid to work under scammer. It was hard to avoid, yet be happy if the project you've chosen is not scam.
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Coroline
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April 17, 2018, 11:06:20 PM |
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icos are good way to invest but there so many scam as well how to recognise the scam icos ?
you can see the roadmap, is it really legal in the sense that the project is real. usually there are listed projects that are legally permitted his permission. and you can find out what the project offers whether it really makes sense or not.
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cryptopusa
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April 17, 2018, 11:07:45 PM |
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Basically you cant,because not all the scammy ICOs are going to scam you and not all the legit projects wont,it is depends on the people behind the project if they wanted to runaway they can easily do that,especially these people arent using their real identities which is why they cant be tracked easily.
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hyunee
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April 17, 2018, 11:16:22 PM |
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icos are good way to invest but there so many scam as well how to recognise the scam icos ?
Scammers are inevitable. They are everywhere. It is up to us to be careful at all times. You cannot stay away from them but you can avoid them. How? By simply being smart and alert. Before investing in some coins you should check there white paper. It is the most legit and most visited site to know whether the coins are legit or not. The purpose and the objective of one coins are written all there.
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hiwainmoto
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April 17, 2018, 11:38:37 PM Last edit: April 18, 2018, 12:37:35 AM by hiwainmoto |
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Honestly you cant even those good looking projects might turn into scams,so you wont be able to know what will happen after the ICO.What you can do is to know the people behind the ICO,the team members should be in public,if you cant find anyone thru researching probably it is going to scam investors so you shouldnt be joining.
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Wandika
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April 17, 2018, 11:46:15 PM |
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Honestly you can even those good looking projects might turn into scams,so you wont be able to know what will happen after the ICO.
There are ICO really that seems shocking when they turned to be scam out of no where, one minute their good then after the ICO they will just run away as if nothing happens , always be careful. It's better to have companies with background that will not risk their names.
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reypinioco
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April 17, 2018, 11:51:23 PM Last edit: April 18, 2018, 12:49:19 AM by reypinioco |
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No you cant ignore these scam projects because even those good looking projects might turn into a scam.These people are working professionally so people wont see any redflags to their campaigns and you will only know its a scam when they already runaway.You should be getting informations to whome these people are so incase they runaway you can easily tracked those bastards.
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robelneo
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April 18, 2018, 12:14:14 AM |
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icos are good way to invest but there so many scam as well how to recognise the scam icos ?
These people are making it hard for us to discern what is real and what are scam ICO, in my case, I sometimes spend 2 to 3 days to search the right one ICO to invest and promote, they are good when it comes to imitating the right one because they have money to spend.
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iamMhew
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April 18, 2018, 12:32:52 AM |
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here in our forum, its hard to find which ICO's are legit or not, most of them are truly scam, 90% of ICO now are simply scam and its very difficult to avoid them, for me, even a the very best ICO campaign will soon to scam us if they want, but theyre 10% left for those ICO that worth to invest. here some tips to avoid ICO scam, but not 100% working. first look if the ICO has a good white paper and you can see how projects works or how they earn, second if they have a good website that indicates all the information about their project, you can see it your self if the website is simple or rich in features. third social media accounts has 5k-10k followers and active about updating whats happening on their projects or platform. fourth an active community that has 5k-10k members on either telegram or other channel platform that can communicate the devs and the investors. and last investigate.
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crazylikeafox
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April 18, 2018, 01:08:19 AM |
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Sometimes you really can’t tell if an ICO is a scam, you won’t really know if it is legit or not. You must make further research on the specific ICO. You can check first the campaign manager if it is trusted and reliable first, then check the whitepaper because you will know more about the project and their technology they are offering. You may consider the team behind the project if they have a good background for being successful. In that way, you will lessen the risk and have a great chance of success.
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