Do your research before investing in ICOs

[Jessica Lee]

ICOs, or Initial Coin Offerings, have become a popular way for cryptocurrencies to raise funds from the public. However, they have also become an easy way to prey on the vulnerable, and the financial regulator recently warned customers about what it calls “these very high risk, speculative investments”. It warns that there’s little consumer protection and high potential for fraud, as well as high volatility. Some ICOs are regulated by the FCA, but this is on a case-by-case basis, depending on how they are structured.

As the FCA says, you should fully research any ICO before handing over your money. “You should only invest in an ICO project if you are an experienced investor, confident in the quality of the ICO project itself,” a spokesman says. Alternatively, consider investing or trading with a regulated provider.

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[kawetsriyanto]

Of course, we mustn't invest in ICOs or IEOs without taking research firstly. Put our money on random projects is absolutely too risky and possible to lose it. At least, we have tried to prevent everything through research and analysis in order to minimize the scam.
Not all ICOs are promising to be invested especially for future investment. For, we know that most ICOs will be probably valuable after hodl in a year or more. That is why being careful and smart in choosing the right ICO by good analysis is a must.

[jubilarian]

That's sure. Any investments has also risky, so to protect our money, we must do our own research before invest in. In crypto market, we have seen a lot of projects which scammed. Bitcointalk forum is one of places to search/ report scammers.

[Mpamaegbu]

There is still no guarantee that you won't be deceived even when you make your research. The way some of these rogue developers/projects mask their deeds is really a wonder. It's now luck to pick a credible ICO. May be one can get a credible IEO (Initial Exchange Offering) at present but not ICO. This is my mindset and I try to stay away from ICOs as distantly as I can. So, OP you may want to wait until they get listed on exchanges before buying. Even, most times the coins drop below ICO prices when listed.

[batang_bitcoin]

Hey put the original link with your post: https://www.telegraph.co.uk/technology/digital-money/cryptocurrency-safety/

[ccsang]

Definitely Yes, We must research before investing in ICO, check the company details and who's behind the project, search information about the particular ICO on forum, reading whitepaper to know everything about the project and visit the social profiles of each of the team members, but it's still do not guarantee the ICO will become success and won't being a scam, so ICO investing is only suitable for experienced investor.

[toydoll]

Of course, I try to study the project well before investing money in it.It's my money and I don't want to give it to crooks.But still it is very difficult to recognize the scammers,they come up with new schemes and no guarantee that my money is safe, no one will give me.

[qomariah95]

That must be learned before investing. Of course if you have analyzed and the results in your opinion are good. Of course the next decision is in your hands. Do you want to invest or not. Because investing in crypto is certainly no accountability from any party if something happens.

[Peruvyn]

Researching is the first thing for me to do so far what I intend to do is investing my hard earned money in a project that's yet to prove itself before. I always take my time to go through their Whitepaper to learn more about their business plan, do background checks about the core team and read different expert opinions about the project before taking my final decision on it.

[DreamStage]

You are right and those ones who try to invest at new ICOs should know their whitepapers as a must have to achieve information on what ICO is all about and if it is able to succeed in the future.
Just dont rush into the ICO if you have no clue what you are about to go into by investing your money into something that might not actually be stable in the long run meaning not so many new investors so you can have some profit.

[Xising]

ICOs, or Initial Coin Offerings, have become a popular way for cryptocurrencies to raise funds from the public. However, they have also become an easy way to prey on the vulnerable, and the financial regulator recently warned customers about what it calls “these very high risk, speculative investments”. It warns that there’s little consumer protection and high potential for fraud, as well as high volatility. Some ICOs are regulated by the FCA, but this is on a case-by-case basis, depending on how they are structured.

As the FCA says, you should fully research any ICO before handing over your money. “You should only invest in an ICO project if you are an experienced investor, confident in the quality of the ICO project itself,” a spokesman says. Alternatively, consider investing or trading with a regulated provider.

Of course, mate. Especially these days, the chance and rate of success of many ICOs are hanging by a thread, it would be more comforting, if not, a little safer to research and get to know everyday that relates to any ICO that you are eyeing as an investor. It would be too difficult to just wing it and hope that everything will be alright because that's clearly not how this market works. Every investment and venture here are risky at best, and if you won't do your homework to study and get to know them to be ready, then there will be a higher for your to fail, which in turn, would mean the loss of your capital.

[florac9]

About ICO investment investors  nowadays are getting wiser, theg know that it's high chances to get scammed investing in ICO so they do better researches  on the project and if the project is not capable enough they quickly move on, ICO have little chance of surviving  this days

[joeperry]

It's true that most of the ICOs existing today are full of frauds and scams that's why it is important for the investors to do a full research about the project itself and the team... the investor should also consider the future development and possible users of the project.

There are new investors didn't know the risk they're doing before they invest to a certain ICOs they didn't know that most of the ICO projects failed at some point and some of them are dumps the price of their coins so investing to an ICO is not just for short term but a hold term investment.

If you're looking for a short time investment then you should go for a cryptocurrency trading.

[coin-investor]

Don't invest like an idiot who is investing in the hype, gone are the days that a simple hype can make an ICO millions of dollars, hype had become a playground of scammers, check ten times who are creating the hype and check 100 times if the project is really legit, but if you are a newbie don't invest on ICO it's to risk, not a right time to have a bad experience.

[Milamol]

Thus, two groups of investors are formed. Experienced investors and novice investors.
The first will carefully select the assets to invest.
The second, hearing how much they can do Xs, will buy everything. And no risk warnings will stop them.

[karagun125]

This is so important and matters at all, to do further research about where to invest ico is a must. Because if you dont do research, the tendency is that you might enter into a fraud and scam ico's. And there are a lot of scam ico's now, so we must be smart in joining.

[Dpat]

Basically I never invest in ICO. But, if I wish to invest then properly evaluate the ICO with details and check their website. ICOs investment will be good if there was a bull market running at the time of investment. Till now I have invested only 2 ICOs from these only one is successful I think but a little bit of loss. Another one that is Bunny Token has given me heavy loos of all money.

[waitforme]

Before investing in any ICO I often learn about it before making a decision to invest in it. Usually, I will verify the identity of the development team, read whitelist, verify the project's availability. In particular, the FOMO calculation of the project must be verified because this is the most important thing to help the project to be profitable for investors.

[kingpin4321]

Initial coin offering has really gone the negative way this used to be one major and important sector of cryptocurrency but the rate of scams has declined that.
This year we have fewer project going on ico.
And as an investors if you must invest in a ico do a very calculated survey, study everything you can lay your hands about the project

[herurist]

Of course, I try to study the project well before investing money in it.It's my money and I don't want to give it to crooks.But still it is very difficult to recognize the scammers,they come up with new schemes and no guarantee that my money is safe, no one will give me.

Of course we have to be vigilant in every way bad things must be around us, and scammers always have their ways.