The Need to Be Careful with ICOs

[juchin]

With so many scams around these days, investing in ICOs is a challenge. Aside scams, there are issues related with the viability of tokens, and utility. That is why I've been researching on how to get the right sort of token. Investors also need to do more research before paring with their money in ICOs. This article gave some insight https://cryptoinfowatch.com/initial-coin-offering-choosing-a-good-token/

There are many guides or article about sharing experiences like this, but I see that the situation of market is the most important thing that can creat the success of ICO projects or not. IF one good project run ICO on the downtrend time of market, likelihood of success is very low

[1714872486]

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[buonty563]

So much ICO interest for chat messanging Telegram has recently found many Fake Telegram ICO websites. Found at least more than nine sites.
The price of the ICO placed on the website is almost 1 dollar of the coin, like the example of the site
http://gram-token.org where it turns out this site is bully. Likewise with many domain names that have been in the back register, just take the example of telegram. Tokyo and tonico.info. Where both are registered in the name of the individual ...
The Telegram also did not confirm whether they closed the site or left it.

[PalindromemordnilaP]

It is a given fact that cryptocurrencies are a very risky type of investment. The risk of losing your capital is even high if you invest on ICO because its tokens are not yet listed in the market and it took time and effort before it can reach there for there is a possibility that an ICO will fail or is just a big SCAM.

[disconnectme]

Do people need to be remind this, especially in the market state. This could be helpful to Newbies entering the space because it is becoming frustrating seeing ICO end up being a scam or the token become useless because the platform to not need it as utility tokens and this is the big issue out there now, so many useless tokens that do not need to be in existence

[Kryten12]

I think the regulation and more awarenes has seriously curtailed the amount of dodcy ICO projects out there, the change in overall market conditions has meant that people are less willing to throw money at the next interesting semi interesting idea that comes along. I think we will see a new breed of coins coming forward that are using blockchain technology to support physical products, the space will change very much over the next 2 - 5 years, but I still think ICO is a simple and effective way for a startup company to raised funds.

[andeonnut]

You shouldnt be investing in ICOs right now ... There is no liquidity when they hit the market and people are eager to unload.

[BCSHonda]

You need careful with ico investment because not all of ico project will be running success because many way can make ico project is drop and scam on the way, many investor ever getting lost money with scam ico project investment before.

So, we are very careful with them, ICO projects are now scam pretty much, they are very sophisticated, they create all the necessary elements of a real ICO project, so investors are not Experienced and do not know how to analyze, it is easy to fall into their trap fraud. Let us be careful not to plunder them, lest they lose their money.

[daporivera]

A lot of research and background check up need to be carried out to ensure the ICO is worthy of investment as most of the ICO project nowadays turns out to be scam. While for  others the coin value tends to drop faster than you can ever imagine. We all don't want to invest our hard earned money to a no profitable course.

[toast]

I believe that the current fraud in ICO has seriously affected the balance in the market, because when investors are affected by certain investment losses, they will no longer trust the ICO market!

You are right with what you are saying at the moment many investors who have reduced their interest in participating in the ico project, which often ends in fraud if they are still following at this time need to really look for a trusted

[chriseasan]

For sure, you need to be careful with ICOs. There are so much scam projects out there and nobody wants to invest in ICOs exactly because of such projects. Guys, please be careful and make a good research before investing in any ICO.

[Yaupgitda]

Very interesting to read such comments. This well shows the nature of man. At the end of last year, there were few such comments.In the next ico bull run many will again forget about the safety of their money, and everything will go in a circle.

[Michael63]

With so many scams around these days, investing in ICOs is a challenge. Aside scams, there are issues related with the viability of tokens, and utility. That is why I've been researching on how to get the right sort of token. Investors also need to do more research before paring with their money in ICOs. This article gave some insight https://cryptoinfowatch.com/initial-coin-offering-choosing-a-good-token/

There are many guides or article about sharing experiences like this, but I see that the situation of market is the most important thing that can creat the success of ICO projects or not. IF one good project run ICO on the downtrend time of market, likelihood of success is very low

The downward trend of the market may be a factor in the success of an ICo but it does not preclude the fact that there is still a lot of funds out there waiting to flow into the crypto market. For instance, the TON ICO generated close to $1 billion in bearish market and would have earned more if the company so desired. The main issue is that the crypto space is crowded with unreliable and scam projects.

[ai5998865]

Scam projects have always existed. With experience, you already begin to understand where to invest, and where it is better not to invest at all. Even though the bounty is already clear that in the project and what to expect from him

[Boctok]

Scam projects have always existed. With experience, you already begin to understand where to invest, and where it is better not to invest at all. Even though the bounty is already clear that in the project and what to expect from him

Taking part in the bounty is not always possible to unambiguously understand the project. Sometimes the project is frozen and after six months they start again.

[toygama]

Or why not just stop investing to ICOs and just go with the normal tokens / coins that are already listed on exchanges?

Doing research is still good enough to know if the ICO is a scam or not that will give you strength on what to avoid.

May be that can form a good option but not that much good as if it will create a healthy environment for the crypto currencies. I mean if everyone stopped making investment into the ICO then how do you think that new coins which may have greater potential than the current will exits or will be created.

This can be bad and also there is always need to have changes in every field to improve things better and better. So in case of crypto currencies it is the crypto coins which are heart of the crypto world which needs to be improved all the time. Thats why ICO;s should be there.

Now scam and legit are the parts of different story I believe.

ICO must be properly determined first, it's cost time and investment if we choose a questionable project it's a very good idea new coin or brand new ICO but we carefull of selecting the good one

[rjsmith]

You always have to be careful with crypto,because scam project are also be there in ICOs.most of the project are drop now in the market so we need to be careful.

[Leenwar]

You have to always watch what the developers are doing if you want to know where to invest, because the developers are really smart people and if they are dedicating their brainpower to something then it's bound to take off.

[Panteleymon]

One of the most burning topics of recent months. A lot of sufferers appeared on this topic. Deceived people create hype after a fight, when no one can grab anyone’s hand. And the main reputational blow get normal campaigns.
To prevent this from happening, it is worth listening to reason, not desire.

[Shimmiry]

Or why not just stop investing to ICOs and just go with the normal tokens / coins that are already listed on exchanges?

Doing research is still good enough to know if the ICO is a scam or not that will give you strength on what to avoid.

Got a point, in engaging to ICO there is also some part that we need to have luck. But then it is how deep.you do research because some facts or questionable part might slip if you do not do thorough research, after this you must understand well each part then it would ease the risk.

[Gromx]

You have to always watch what the developers are doing if you want to know where to invest, because the developers are really smart people and if they are dedicating their brainpower to something then it's bound to take off.

The developers are always doing something.Skam-projects also make developers.Developers are just performers, nothing more.