Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: sugarpie2018 on August 10, 2018, 07:52:49 PM
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Apparently, ICO investors continue to fall prey to innumerable ICO scam. The effect of this is very devastating on investors perception of crypto-project ICOs.
While it appears there is no apparent solution to address the current scam associated with ICO in the crypto space. I propose that we help each other in finding out the best ways to identify and separate genuine ICO from fake ones....
Share your view and help a friend from falling prey to ICO scam. Let help build a healthy crypto environment. Fight the scam now.
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We can possibly avoid scam ICO if we are going to have more experience and be more wise to choose it on the bitcoin feild. Crypto is an amazing ways to earn but we can also loss on it.
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I figure all the loaning ICO by and by advanced are tricks, so be cautious in joining those loaning or staking ICO. Do some exploration first before contributing on those stages or better contribute on ICO that have a remarkable venture with a valuable stage with a strong and a group that are not concealing their personalities.
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To avoid participating in a scam, we must read and observe carefully the admin, their whitepaper and their telegram. This will help us a lot.
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We need to study hard or make more research on how ICO works.
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We can possibly avoid an scam ICO of we are experience enoughf on crypto. We need to have more learning and experience in the crypto feild so that some scammers will not make us fall from those scams. I believe that smart people will not fall in to this scam.
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Reading whitepapers and roadmaps may helps in identify scam project but it won't be 100% accurate. Team members should be known to the investors and hunters to avoid scam project.
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There are no clear rules or principles to avoid ICO scams. But you can do it by experience or reading what experienced users write. Some ICOs are very obvious money pullers.
Whitepaper is the best thing to read.
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Apparently, ICO investors continue to fall prey to innumerable ICO scam. The effect of this is very devastating on investors perception of crypto-project ICOs.
While it appears there is no apparent solution to address the current scam associated with ICO in the crypto space. I propose that we help each other in finding out the best ways to identify and separate genuine ICO from fake ones....
Share your view and help a friend from falling prey to ICO scam. Let help build a healthy crypto environment. Fight the scam now.
This is really very sad situation in which these scam ICOs will just make some people to scared away from Crypro currencies and avoiding this investments. The only thing that could really prevent these scam ICOs is to have a powerful regulation policies like in China in which no more fake ICOs will roam in their Crypto market anymore.
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That is right we should help each other to have better ICO findings in our list. But there is disadvantage such as to regrets and blame others if the project did not end successfully.
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Not all are scams but a big percentage of them is, to avoid getting scam by ICO the best bet is to check up on various social media influencer whether is the project a scam or a legit one.
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Yes, this is the biggest problem if it happens continuously. Interest in investing in crypto and the IOO project will decrease.
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Everyone wants to avoid the scam ico project but it's very difficult to do. I usually see everything from team experience to advisors to the project. make sure the team profile is not fake.
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We must learn from experts or look for other references before starting to invest in ICOs, because many say that 80% of new ICOs are SCAM, I don't know where this information comes from, whether right or wrong, our job is to be careful.
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Apparently, ICO investors continue to fall prey to innumerable ICO scam. The effect of this is very devastating on investors perception of crypto-project ICOs.
While it appears there is no apparent solution to address the current scam associated with ICO in the crypto space. I propose that we help each other in finding out the best ways to identify and separate genuine ICO from fake ones....
Share your view and help a friend from falling prey to ICO scam. Let help build a healthy crypto environment. Fight the scam now.
You have a good idea also but for me, to avoid the scam ICO you need to read their white paper and also making sure if the words that is listed in the white paper is real. We also need to follow their social media updates and look on how strong their community is.