STOP With The ICO Garbage

[Sarastiche]

Regulation and  policy formulation is the critical requirement to stop garbage and scam ICO, As the space evolve we can be sure to have a revolution in the space.

[Adunni6758]

So many people are looking for ways in which they too can make their own profit from a moving market. So if the coin is going uptrend, they might want to join the train, not minding if that highest point is the ATH and that it will plunge. I will not say Bittorrent is a garbage, because it has a working product

[bananaunana]

Why should ICO be garbage? ICO is a good opportunity for investments but of course it's up to you to do your own research and decide for a legit project. OP sounds a little bit pissed because he has not done his research and lost a shitload of moneynow blaming 'the market' or someone else for his wrongdoing.

ICO is good but your success depends how good you are searching a legit project bro.

[hirngespenst]

Though you are right, but the ICO market is not garbage at all. Remember the 2017 year, when the Golden Era of ICO happened! After then, the crypto market started falling down from February 2018 and it is continuing till now, when it is February 2019! Every crypto coins price is sunk enough, as like ICOs market. Every ICOs are not garbage, recently I have known about hygh tech STO and Vanta ICO, they look great and Vanta ICO raised more than 22 Million USD, they all have some big partners. So, overall, ICO market is not garbage at all, just passing a hard time.

[raptorez]

Unfortunately, today nothing will help you change the structure of a person. People just can not give up their greed no matter what the situation, so I can only say one thing. Greed will ruin us.

[deodivine1]

Firstly, I must say that investing in ICO is a big risk, and one must have that in mind before delving in. To reduce the risk, one ought to do thorough due diligence especially on team, product and token economics. You mentioned buying cheap on exchanges  after ICO, not a bad idea but some ICOs ( a few) still do well on exchange.

[zikabra]

Investors tend to find that one in a million which will make them rich, that is why they spread funds over lots icos without looking in what they are investing money. It is something like gambling with better odds. Thread looks like clickbait imo.
Why is this project good and others are not?

[chits]

At this time, even a quality project with an active honest team is hard to keep afloat under the pressure of an unfavorable market. But it is also good for the market, on the example of this ICO dump, we see what is really in demand in the market and what it is not worth investing in.

[cupruri]

There are so much ICOs that are worth literally nothing at the moment, but people are still investing good money into them. They just want to get more profit from each single project where they take part and this cannot be stopped.

[Mr.Spreadthehamster]

The bulk of all new projects frankly copy each other for the sole purpose of raising money. And only a few offer real products, which causes discouragement, since it is also difficult for them to find an investor.

[ninja811]

Indeed, now there are more and more useless and fraudulent projects, having fulfilled the conditions of which market participants do not receive any profit.
In doing so, they spend valuable time on assignments.
The worst thing is that no one can determine with confidence whether this campaign is deceptive or not.

[mrdeposit]

There are so much ICOs that are worth literally nothing at the moment, but people are still investing good money into them. They just want to get more profit from each single project where they take part and this cannot be stopped.

I do not think big money is invested in worthless projects. Even the number reached is inflated. Nowadays everyone is aware of the situation and knows that investments are risky.

[salad daging]

Seriously, it's getting frustrating now. Lots of projects springing up daily with no real intent or solution for anything. Most of them are only interested in enriching themselves at the detriment of the investors. It is sad to see people falling prey to most of these shams. The worst part is, they keep doing this unchecked and people keep loosing money.

the fact is that, many projects aim to enrich themselves and there are only a few that are really good, and I think our job here is to look for that, although only a few are really good but this shows that not all is bad and that means that we still have the opportunity to generate profits from the ICO

[CuriousGeorge]

Firstly, I must say that investing in ICO is a big risk, and one must have that in mind before delving in. To reduce the risk, one ought to do thorough due diligence especially on team, product and token economics. You mentioned buying cheap on exchanges  after ICO, not a bad idea but some ICOs ( a few) still do well on exchange.

if that will be involving a big risk and you will get a big reward for that. can you buy cheap BTT or FET like the the ico price. Promising platform is always getting more than 5x return from its ico price and it's too risky.

[DAVETUN]

As an investors  you must be strategic and understand  in details what the project has to offer, several ICO garbage coming up this day, several ICO has been over hype, most has nothing to offer, To play safe you can invest in BTC, ETH and Binnace token, HLOD patiently until the market recover.

[CaVO32]

The bulk of all new projects frankly copy each other for the sole purpose of raising money. And only a few offer real products, which causes discouragement, since it is also difficult for them to find an investor.

and most of the time, those with working products or apps can't get their audience. i have seen projects with working app in place but people are ignoring their existence. sometimes, you will think that why on earth is this happening? but those with beautiful graphics with fake team members are getting attention. why? because they know how to sell their empty product and naive users are taking the bait. a real pain in the ass situation. 

bottomline, you need to be intelligent with your investments. do not fall from the trap of these scammers. they can deceive others because no one can stop these ICO projects but be on the lookout for yourself.

[Cryptrx]

Sincerely if not for the greed of many people who want to invest in ICO and cash out huge profits, I don't understand why anybody should give these ICO his hard earned money. I still don't understand the need for ICO if not to reap people of their money. How many of the ICOs have delivered on their roadmap?

[Skroojee]

I do not think that it is worth starting to invest in ICO, as there are still very few people investing in ICO and still a lot of fraudulent ICO.

[Aniwura]

There is yet nothing to stop all those projects from lunching. At least, i this year alone, if i am right, i have some across more than two of scam projects.
I advise to do some research on them to discover their ineffectiveness and their attempt to scam their investors and waste the time and effort of bounty participants.

[TomiJerry]

Unfortunately, there is a huge temptation in the market for fraudsters, and therefore the number of garbage ICOs will only increase. In pursuit of quick profits, gullible investors will often suffer losses until tough legal mechanisms are created to prevent fraud in the ICO.