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Author Topic: Token risks?  (Read 431 times)
brawdias (OP)
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May 16, 2018, 08:11:26 PM
 #1

If you get tokens on ICO, that means the ICO project has already worked ? Or you can still get tokens from failed projects ?
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cryptoknows
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May 16, 2018, 08:17:49 PM
 #2

Unfortunately, even SCAM projects have the ability to send out their tokens. Received tokens are far from an indicator of the performance of the entire platform. Be careful.
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May 16, 2018, 08:24:59 PM
 #3

ICO stands for "Initial Coin Offering".
these coins or tokens are sold in order to fund the project and they are
offered at a "cheap" rate in order to reward "early investors".

When the ICO is over the project may take another 12 months and more
until it goes live on an exchange or for a working product to materialise.

its easy for scammers to hand out useless tokens in an ICO in order to
get useful coins like Bitcoin or Ethereum.

Be careful!

R


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cengsuwuei
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May 16, 2018, 08:30:40 PM
 #4

all coin have risk
include ETH and bitcoin, not only token from ico project
you buy ETH or bitcoin still get potential lost or profit same


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Mrs Troll
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May 16, 2018, 08:33:47 PM
 #5

We have a rather good and fresh example how it works - check destiny of Envion project (https://coinmarketcap.com/currencies/envion/). Nice idea, epic marketing, and more than 50 million dollars collected. And now it is going to hell!
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May 16, 2018, 08:33:53 PM
 #6

It doesn't work that way. Based on my small research back then, they say that tokens are easy to create and scams are everywhere. It's easy to create a token with an intent to scam.

Even failed projects you can still pass the tokens.

teraviboys68
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May 16, 2018, 08:42:02 PM
 #7

You need to be careful about the possibility that tokens are scam. research should be done before investing in projects. teams and supporters are of great importance.

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sonphamuser
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May 16, 2018, 08:43:11 PM
 #8

If you get tokens on ICO, that means the ICO project has already worked ? Or you can still get tokens from failed projects ?

You have join cryptocurrency, i think it a way to betting you money, all investor in life will be risk. Once you've deposited your bank, it can also potentially cost you money, in case your bank goes bankrupt or your account is stolen.
modamo
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May 16, 2018, 08:44:45 PM
 #9

Almost all ICO failed at the end or it's token price dumped at marcetplace from 1$ to a few cents. That is trend nowdays, according to my experience. That's the reason to invest in only top coins.  

krisnajsadrak
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May 16, 2018, 08:55:21 PM
 #10

If you get tokens on ICO, that means the ICO project has already worked ? Or you can still get tokens from failed projects ?

everyone can create their own token , but this doesn't mean the token is worked mate
sometimes, the tokens without any development will make the token died and become scam or failed

bttmember
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May 16, 2018, 09:04:38 PM
 #11

I think we need to apply the basic rules of investment like 'never put all your eggs in the same basket' and 'never invest more than you can afford to loose'
These two basic rules must be considered by each individual investor before he/she invests in a certain coin/token or asset.

nata777
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May 16, 2018, 09:07:33 PM
 #12

If you get tokens on ICO, that means the ICO project has already worked ? Or you can still get tokens from failed projects ?
I think everything depends on the situation. There are different projects and different situations. But participating in ICO is a high risk and you need to participate only in proven projects
dunfida
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May 16, 2018, 09:09:34 PM
 #13

If you get tokens on ICO, that means the ICO project has already worked ? Or you can still get tokens from failed projects ?
Failure of tokens might be classified into different matter. Failed where tokens didn't hit up on exchangers or simply means it doesn't have any value. Next one would be , failed ones where the coins did able to hit exchanges but it end up on dumping into its death due to lack or absence of updates towards the project or just the dev just ran out the money and didn't tend to proceed on what he had promised into its investors when it was just starting up.

AMdemzzy072
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May 16, 2018, 09:10:30 PM
 #14

If you get tokens on ICO, that means the ICO project has already worked ? Or you can still get tokens from failed projects ?

Unfortunately, you can get tokens from a scam project. Getting tokens from ICOs do not denote their success and do not also guarantee earnings from the project. They are called shit coins.
azizsatrasia68
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May 16, 2018, 09:16:46 PM
 #15

If you get tokens on ICO, that means the ICO project has already worked ? Or you can still get tokens from failed projects ?

Not just a token that has a risk, all coins also have risks. Many failed ico projects that resulted in token prices after ico fell drastically, even well below the price of the coin ico. Did not rule out there is also a token that deliberately created for fraudulent purposes. But there are many projects that really give big advantage. Because of so many risks, it must be more selective again in the selection of projects for investment.
Samtob4
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May 16, 2018, 09:17:29 PM
 #16

if you get token in your wallet from project that doesn't signifying the project is good , i have many token in my wallet which can't be turn to money for me , they just comecome to deceive people... fail project give out token
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May 16, 2018, 09:18:10 PM
 #17

Of course you can, maybe project will not be dead already, but you can get tokens that will cost nothing in near future, or something.
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May 16, 2018, 09:24:20 PM
 #18

If you get tokens on ICO, that means the ICO project has already worked ? Or you can still get tokens from failed projects ?

Even a 5 years old project can still tank - because the members decided to prolong the scam to maximize profits or any other reason that might make the project to fail. You should understand you are investing in a business idea - and 7 out of 10 business fail in 10 years. Bitconnect is a good example of a failed top 10 project that is more than a year old with a working product.
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May 16, 2018, 09:25:52 PM
 #19

If you get tokens on ICO, that means the ICO project has already worked ? Or you can still get tokens from failed projects ?
Even if the ICO were not successful they send you payments with a form of tokens,they can make another public sale after the presale,they can raised funds on that way.Theres always a possibility that even if ICOs were not successful they can send tokens to bounty hunters as the reward.If developers were dedicated in their job,they will let their projects grow and possibilities would be list in some exchangers.

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May 16, 2018, 09:25:58 PM
 #20

I dont actually know, but I have heard that there are tokens, that will never actually became trading somewhere, besides an ICO
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