PLease be really be CAREFULL when throwing money in ICOs

[sinta23]

Oh my God!
Only 962 participated in the 7 million ICO? Looks so bad to be true. Looks like an organised professional scam.
Looks like bit torrent and tron wanted some money ASAP so they launched this ICO to milk money from users.

then does it have to require many people to be successful? in the ICO world when there are 5 people investors and can make the ico immediately successful then it can happen.

not because to be successful at the ICO now is very difficult because from the time the ICO fraud has gone on so much that has made many investors stop investing because many have lost money

[Ochakemaput]

not because to be successful at the ICO now is very difficult because from the time the ICO fraud has gone on so much that has made many investors stop investing because many have lost money

of course it makes investors like to invest ico which removes their money. of course it would be better for investors to choose to invest in assets in the current exchange because the price is also cheap.

[ASHLIUSZ]

Investing into ico's is also a kind of gambling, we don't know the true outcome of the project. Just on some valuation we'll be making an investment, there are people lucky to get 100% growth in a short from the investment same time there are investors who go without a penny as the market of the ICO goes downtrend. As in gambling, here also it is must to spend what is affordable to be lost.

[kodtycoon]

not because to be successful at the ICO now is very difficult because from the time the ICO fraud has gone on so much that has made many investors stop investing because many have lost money

of course it makes investors like to invest ico which removes their money. of course it would be better for investors to choose to invest in assets in the current exchange because the price is also cheap.

invest in an altcoin that is already on exchange is also anxious if you determine the investment mate, by the way it's better that you have to determine the best of the best altcoins. it should choose the growing altcoin and the performance of a team that is always active so that there is hope for the future well ICO is now not developing from the many products of large investors only a few still believe so all are still not finished, especially getting to a difficult hard cap

[playboy654]

I am not hundred percent guarantee giving to an ICO at this time and it will be a huge risk while investment and any ICO in today situation because you lots of scans will only come to this time so we cannot trust that in most of the time.

[Sinone]

After this BTT scheme, many people leave the Binance, Now they brought another ICO project and that was sold out too. Binance and TRON using its previous popularity to make money, they are not caring about the people. I did not buy BTT coin and I don't have any interest in it. People really should be careful about this pump dump scam.

[labilaab]

Thanks for the heads up. That’s why I only gamble a little on this ICO’s since mostly all of them are just driven by fudds and fomos. Well as long as their coin is already in market and have volume then it’s the investors initiative already whether he is willing to ride its price but basically its for day traders obviously.

[moonblocks]

In this type of market buying into this post crowdsale after it has already appreciated is generally not a good idea which should be obvious to most investors who aren't new to cryptocurrencies and one of the golden rules is never to invest based on hype or FOMO as it will likely lead to losses so be patient and only purchase an asset if it becomes a value buy

[97percent]

Investing in an ICO is very risky because there is no guarantee that we can make a lot of money. When fraud occurs, we don't know what to do and we have to give up our money. And investing in ICO must be careful and conduct research.

[manishanand]

I don't believe in ICO anymore. They are just collecting a huge amount of funds and after that management becomes nonsense. They will start shifting dates for distribution of bounty and elongate the listing of their coin to any exchange, giving us proper updates about themselves. I believe more on self-funded projects and a little bit on STOs.

[patz22]

It seems like binance is keeping the ICO's alive and if this will continue people will start to gain confidence again in investing to ICO but again the disadvantage would be a lot of scam ICO will pop up that has great presentation. With regards to BTT, yes people lose or win but then again thats the risk.

[justdimin]

This is what I always preach about, it is good to checkmate  a project before trying to throw your money in there, we didn't just heard of bitcoin and went to buy it because we were told that there would be an increase in price, we went to buy it because we read satoshi whitepaper and discovered that the project is very feasible.

Always make sure you do your research well before making investment in ICOs.

[@prashant]

there are so many thread that indicate the majority of ico are scam and those who are not out of them many are heavily manipulated as per whale desire,btt was great example of it and i think new investor should stay away from market for at least one month to see how any ico goes or read different thread about ico to get an early experience of not falling in trap just for quick profit.it is their responsibility to check everything about the ico before investing in it.

[Prettymie]

After this BTT scheme, many people leave the Binance, Now they brought another ICO project and that was sold out too. Binance and TRON using its previous popularity to make money, they are not caring about the people. I did not buy BTT coin and I don't have any interest in it. People really should be careful about this pump dump scam.

It's so sad that a reputable exchanges binance will allow this kind of pump and dump scheme which will question the binace reputation in dealing with fraudulent project. Many traders will get affected once this project will burst as they will lose their money and those developers will abandon the project. We should spread this info to aware those investors to be careful in investing their money.

[natka]

After this BTT scheme, many people leave the Binance, Now they brought another ICO project and that was sold out too. Binance and TRON using its previous popularity to make money, they are not caring about the people. I did not buy BTT coin and I don't have any interest in it. People really should be careful about this pump dump scam.

It's so sad that a reputable exchanges binance will allow this kind of pump and dump scheme which will question the binace reputation in dealing with fraudulent project. Many traders will get affected once this project will burst as they will lose their money and those developers will abandon the project. We should spread this info to aware those investors to be careful in investing their money.

I am very upset about the current policy of new trading platforms. With his pants, the desire for the trader and other users of cryptocurrency expose very obscene conditions and at the same time force them to provide personal data. Although the very essence of cryptocurrency contradicts this. But instead, It would be better to fight with speculators who adversely affect the cryptocurrency market, which do not allow the natural market and develop cryptocurrency.

[Idrisu]

The money that I have lose in cryptocurrencies investments that I am not happy with is not through trading but through icos.  Investment into icos projects are full of scamming and I have decided to stop it because of the amount investors have lose. I joined op to said it is highly advisable for us to avoid ico investments. 

[SaShiRaJaVu]

It is said that ICO was restricted and ONLY 962 persons in the WHOLE world were able to join ... Lots of crypto entusiast raised a huge red flag over this operation as it seemed a  blatant scam to many people.

That is true that only a few could invest during the initial phase and they closed in a matter of minutes but that does show that they are bluffing, they reached their target in minutes and they closed the initial phase and that is the case with every top level hot projects, it is difficult to enter during the initial phase as it reaches the target in minutes.

[pacman7331]

When BTT ICO started, I was there and tried hard to invest in this ICO. But binance launchpad did not accept me  I mean Every time i tried to buy BTT coin, it showed me an error! So, when all token was sold out and when I knew only 700 plus people could join in the ICO, then I thought those 700 people were whales or team members from the Binance and BitTorrent! So, people should be careful about investing in BTT coins, anytime it can go to 70-90% down!

[akram143]

Dear friends

I am seeing the trading details of Bittorrent and am horrified how many people will be loosing lot of money.Be carefull with the FOMO, and remember you always should buy low and sell high.

Looking at the details in conmarketcap, nearly $450 M. have been traded in last 24 hours, which is an insane ammount. Cant remember now something as overhyped at this, and when it falls, will drop hard.

I always take a look at marketcap instead of price to realize if there is potential. Value just over TOTAL supply (as circulating supply isnt public yet):

990.000.000.000 BTT x $0,000905 = nearly $900 M.

In  https://icodrops.com/bittorrent/ it is stated that ICO ended on 28th january, raising $7.2 Millions.


So marketcap now is :

$900 M./$7M. = 128X --> 12800 % increase


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PLEASE BE WARNED

PS: IMPORTANT INFO

It is said that ICO was restricted and ONLY 962 persons in the WHOLE world were able to join ... Lots of crypto entusiast raised a huge red flag over this operation as it seemed a  blatant scam to many people.

https://www.youtube.com/watch?v=uHxG7J2bpcY&app=desktop

whenever anyone say about the investment ICO will be more dangerous people trying to invest on them because it will be more popular and their way of getting the income is more easier but doing it properly will be the most important and thinking about the future also be important to get better investment.

[laredo7mm]

It must be very careful because there are so many projects that die and also cheat we must be able to distinguish and also not arbitrarily invest our money into ico