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Author Topic: ICO SCAM  (Read 2103 times)
ahmedtanjid
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May 05, 2020, 10:48:00 PM
 #41

If you wanna be in safer side then I would suggest you to avoid ICOs but you can join IEOs from reputable exchanges. Personally these are my favorite exchange for joining IEOs
1. Binance
2. Bittrex
3. Huobi
4. KuCoin
You can try them.

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Denies Distro
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May 05, 2020, 10:52:37 PM
 #42

If you wanna be in safer side then I would suggest you to avoid ICOs but you can join IEOs from reputable exchanges. Personally these are my favorite exchange for joining IEOs
1. Binance
2. Bittrex
3. Huobi
4. KuCoin
You can try them.
Bittrex is good, it's just that the ones offered there project mostly fail and when compared to binance, houbi, kucoin. Bittrex is in the lowest position, I suggest to follow another launchpad.
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May 05, 2020, 11:25:53 PM
 #43

Bittrex is good, it's just that the ones offered there project mostly fail and when compared to binance, houbi, kucoin. Bittrex is in the lowest position, I suggest to follow another launchpad.
How did you conclude that Bittrex is good? By searching in the Scam Accusation board of this forum, Bittrex has a lot of complaints against it (frozen accounts/enforce kyc/worst support...). This why it is less rated than other exchanges, not only here in forum. Back to old days, it was one of the fewest available exchanges, so many started with it and it was well rated.
I think binance is secure enough, but we should always remember that we have to trust the exchange with our money if we want to use it, and this still remains risky as almost all exchanges are backed by a centralised company even if it's a decentralised one .
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May 05, 2020, 11:37:07 PM
 #44

Hi, guys, I want to ask how do I avoid ICO scams...

Are there any good ICO's left? or is the market flooded with bullshit coins?


Maybe you should stop looking for a good ICO. You would just be wasting you time over here. The market is actually flooded with all bullshit projects that either makes no sense or they put forward an idea that is actually impossible to achieve. Most of them are here to collect money and never to be found again. They are just made for scamming people.
The best way to avoid ICO scam is to avoid all kinds of ICO.

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May 05, 2020, 11:37:59 PM
 #45

ICO is no longer in vogue. if any project team should come up now to say they are launching an ICO, know that it is a total scam. Instead of ICO, we now have IEO. In spite of that, there are still scam IEO, but it is much better than ICO if done on a reputable exchange.
Do not forget, it is just a change of name, still the same set of projects coming in, but the difference is that exchanges are standing in the gap, to hold investors' fund.
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May 05, 2020, 11:39:32 PM
 #46

ICO is no longer trusted by investors and now investors have switched to IEO so for now don't trust ICO anymore because that will only waste your money
Because scammers can easily create websites for fundraising, but can't cheat and can't easily work with trusted exchanges. So to protect their funds, investors prefer to invest with joining IEO on a trusted exchange. At least the greater market interest when listing on large exchanges such as Binance, Kucoin, Huobi, thus increasing demand, this has the opportunity to achieve ROI several times.

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May 05, 2020, 11:58:46 PM
 #47

The best option to avoid ICO scams is by never joining in ICOs anymore. It is difficult to understand the current condition in ICOs, too many scams & failed projects. I don't judge there is no good ICOs again, but it is like looking for gravel in the desert. I rarely saw good ICOs, most good coins come from IEOs currently. This leads investors to prefer buying coins on IEOs, while a lack of interest by them on ICOs.

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May 05, 2020, 11:59:11 PM
 #48

Hi, guys, I want to ask how do I avoid ICO scams...

Are there any good ICO's left? or is the market flooded with bullshit coins?


Make a research before participating on any ICO research for the team if it is legit or just cartoonized or just copy pasting many scammers nowadays was in the ICO after they got the money then they will run easily if I we're you I would rather participate on trusted platform which run IEO.

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May 06, 2020, 12:11:35 AM
 #49

Hi, guys, I want to ask how do I avoid ICO scams...

Are there any good ICO's left? or is the market flooded with bullshit coins?


Make a research before participating on any ICO research for the team if it is legit or just cartoonized or just copy pasting many scammers nowadays was in the ICO after they got the money then they will run easily if I we're you I would rather participate on trusted platform which run IEO.
ico now rarely has success most of them fail and even a lot of fraud, now it is better if you want to invest in IEO but have to choose a good IEO project and have good potential maybe you can follow IEO in large markets such as binance, okex, kucoin and others
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May 06, 2020, 12:32:31 AM
 #50

Hi, guys, I want to ask how do I avoid ICO scams...

Are there any good ICO's left? or is the market flooded with bullshit coins?


Unfortunately when you invest in an ICO you are completely at the mercy of the honesty of the people behind the project. I would recommend that if you do invest in an ICO you find out a lot about the people involved and ask them some very hard questions before you invest. Make sure they are who they say they are and that they actually have the skills and track record of success that will give you confidence they will be able to complete the project and manage investors funds properly. You would be amazed at the number of ICO's that raised large sums of money on the back of an empty Github and a flashy website and then disappeared with investors money.

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May 06, 2020, 01:18:36 AM
 #51

ICO had been long dead, there might be some decent ICOs. However, pople are focusing on IEOs since most are after token listing. Nobody can give you the best ICO, it is up to you to find it. Do some research before investing. Nobody can tell which will be successful or not.
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May 06, 2020, 06:42:06 AM
 #52

Hi, guys, I want to ask how do I avoid ICO scams...

Are there any good ICO's left? or is the market flooded with bullshit coins?


Never participated. Thats how effective you cant be harmed by any of these ICOs. Those who just kepy joining just gonna have some complaed later on. Regarding the second question, Im not sure if there are still legit project lefts that conducting ICO. Most investors prefered now the new process of IEO and in my honest opinion, this is the safest way if we wanted to invest on new projects. Market have really flooded with shitcoins and even the selfdrop projects before that have become a hype still existing.

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May 06, 2020, 07:02:28 AM
 #53

Hi, guys, I want to ask how do I avoid ICO scams...

Are there any good ICO's left? or is the market flooded with bullshit coins?


My approach: never pay a penny before they show you code
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May 06, 2020, 07:14:40 AM
 #54

Hi, guys, I want to ask how do I avoid ICO scams...

Are there any good ICO's left? or is the market flooded with bullshit coins?


it's very rare for an ICO to be truly successful for now. people tend to choose IEO over ICO. in addition, IEO is also clearer than ICO. however, if there are projects that interest you, try to ensure that the sales system is IEO, and they sell at a popular exchange.


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May 06, 2020, 07:28:16 AM
 #55

It will be hard for you to avoid scam ICOs, the goal of most ICOs are just to take the money of their investors.

Even if you avoided them, most ICOs nowadays can't even raise enough funds to successfully launched their project. Investors are actually avoiding ICO since 2018.


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May 06, 2020, 07:32:53 AM
 #56

Hi, guys, I want to ask how do I avoid ICO scams...

Are there any good ICO's left? or is the market flooded with bullshit coins?



To start with, the market is littered and flooded with bullshit and useless coins with no good utility at all. Many coins are just copying from those that are already in place hence one of the reasons why after listing the price will continue dropping till it becomes worthless while the team will do nothing to revert the situation. Also, as for ICO scams, the best way to avoid them is avoiding ICOs completely, because so far the team will always be in charge of funds generated first, they will always have the opportunity to carry out a whole lot of unfriendly behaviours such as exit scam, not listing, listing on bad exchanges and so on. But with IEO, at least the investor will decide based on the exchange it is listing on.

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May 06, 2020, 07:42:07 AM
 #57

It's really difficult to trust any ICO nowadays. While there are still some who were not scam ICO, but I wonder if their token will become worthy in the market. Maybe, you can divert to the other things aside from focusing on seeking which ICO to be joined.

Hence, you can still spot if the ICO is scam or not. You may check this;



Tips to Know whether ICO is legit or not
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May 06, 2020, 07:57:55 AM
 #58

To avoid losing your money or if you do not want to lost it the better you do is to not invest to ICO yes they have still legit but we can't determine the real one because most of them are scam and we knew that.

Better to find other ways of earning just leave ICO it will waste your time and money , don't invest so the ICO scammer will not create more scam project because the reason why they do that is because there are many people are still investing.
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May 06, 2020, 08:13:20 AM
 #59

To avoid losing your money or if you do not want to lost it the better you do is to not invest to ICO yes they have still legit but we can't determine the real one because most of them are scam and we knew that.

Better to find other ways of earning just leave ICO it will waste your time and money , don't invest so the ICO scammer will not create more scam project because the reason why they do that is because there are many people are still investing.
I do agree,
there's too much good to be true projects out there, determining the legit one is really hard wherein you will lose your money in just a small wrong decision. Avoiding ICO is the best option right now because even those project that was said to be a good one end up being a scam project.

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May 06, 2020, 08:14:42 AM
 #60

I see the last few months that no ICO has succeeded, and the best way to avoid ICO fraud is never participating in ICO, the trend has now changed to IEO.. yes most of the ICO is just crap

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