Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: rizqillah on November 22, 2018, 07:26:19 AM
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I think to know which is scam, We must to read and learn the white paper and the man behind project.
Because too many ICOs are scam now.
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that's right, before joining ico we have to be able to understand that what will be followed properly. we can see from the existing whitepaper because in the whitepaper there is a lot of important information about ico that will be followed.
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In my opinion, it is not normal, but because of the worsening market conditions, it can worsen the current ICO conditions. So ICO is no longer legitimate for investment, because prices will drop dramatically after listing in the exchange market. It's better to buy after the ICO ends.
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ICOs these days arent worth it. You would devote your time ,buy tokens only for them never to go on exchange, you would do weeks and months of bounty campaigns and you end up realising its a scam or they pay a very ugly amount. Even if you read to understand their ideas ,sometimes no matter how sweet and fleshy it may seem,it could be a scam. The mpcx ICO is one of the genuine ones which you could be a part of.
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iCO is presently not as it slow past. presently creating ICO simply affected the origin solely and doesn't have an explicit conviction in order that the idea and also the purpose also are cheap thus clearly. even several of the ICO that seem each day the scam conjointly were several of them and this definitely makes the ICO conjointly encompasses a pretty unhealthy.
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The ICO is valid and also a scam, both are in crypto. The decline in market prices makes the scale of the ICO scam to increase. It is not about the intentions of those who deliberately make a scam, but because of their failure to achieve the targeted goals. To be able to avoid a scam ICO, you can at least choose an ICO whose sales have reached softcap.
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Now it is very difficult to identify scams. They learned how to disguise themselves. But nevertheless, pay attention to the quality and volume of the site, whitepaper. Just look at the team, check them out on social networks. And just ask questions in the telegrams of the group. If you are contacted and everyone talks about the project, then this is a positive signal.
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The number of ICOs that are scam lately does not mean that legitimate ICOs are full. Being selective in choosing an ICO is very important to implement, always honing your analytical power so you can be smart and deft in finding a legitimate ICO. Regulations that continue to be tightened this time will make the results you get from ICO more valuable. Because to be able to take part in the ICO it must be true from someone who is decent and has a pretty good ability. This might also be an alternative to recover the crypto market so that legitimate ICOs can be raised again and the request for ICO will be high again.
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The best way to identify the scams of the ICOs is too look at their token distribution for most of the tokens are going to the management and the advisory board then the coin will be a scam so before investing this factor is important to be seen. Because if the management is keeping most of the coins and not selling them means they will sell when the price goes high and they are in the mood of earning more profits instead of making the coin more successful by having a solid plan.
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I think to know which is scam or which is not is to first of all read and understand what they are offering, find out if their business models have real solutions to real world problem and how economically SUSTAINABLE are the business models..
This is just my own way analysing ICOs.
You could learn better ways from experience people on this forum.
What about you ??
Yes I think You will know the ICO is scam or legit, You must join the ICO. Before join we cannot understand that.
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I think to know which is scam or which is not is to first of all read and understand what they are offering, find out if their business models have real solutions to real world problem and how economically SUSTAINABLE are the business models..
This is just my own way analysing ICOs.
You could learn better ways from experience people on this forum.
What about you ??
I agree with you and in my personal analysis fundamental about the best ICOs projects, they must have real of products can be used by all of community members, the developer of team must has real of businesses related with the projects of ICOs. They must have the community whom support their project of ICOs, it will anticipate on fake projects of ICOs and we can get legit ICO for investment in them.
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That's right, now more than half of the companies that conduct ICOs are scams and fraudsters. In general, I would advise not to invest in ICO, but to buy tokens on exchanges, because on exchanges tokens are always at least in 10 times or even up to 100 times cheaper.
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I think a conclusion cannot be drawn now because there are scam ICOs and also there are Legit ICOs, so it cannot be generalized if ICOs are scam or legit.
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I will say some ICOs are legit and some of the ICOs are pure scam, and those projects are out purposely to scam investors of their hard earned money.
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legit and scam nobody can find out. I also sometimes get a scam project. maybe only some people can find out. another way you can learn how iso works and see directly where the ico project is made.
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of course everything you say is true, we all as bounty hunters must research the ico project which we will follow first. the more we know the information and the purpose of the project, we can consider it.
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legit and scam nobody can find out. I also sometimes get a scam project. maybe only some people can find out. another way you can learn how iso works and see directly where the ico project is made.
Once it is obvious scam then don't get involve with the project. There are more ICO in the market finding the legit one if more appropriate than participating in the ICO that you doesn't know.
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In the ICO, no one forces you to invest money, but if you have already invested, then you should not nag the team or remind them that they should. You should immediately study the white paper and ask questions before investing to be sure
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Today there are a lot of scammers in the crypto industry so you need to invest money in quality projects, I will give an example of one good startup #swachhcoin. The project will pay people for their trash. At the moment, the bonus is 25%, you can buy coins by the end of October. I advise you to see the project.
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It depends. There are already too much good ICOs and scam ICOs.
All you have to do is a research which is also not so easy. As positive feedbacks and reviews can be written by the developer and his team.
That's why I love forums where I can ask for some certain service and find an answer whether to try it or not.
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Basically there are ICOs that are really good or legit, some are Scam. It all depends on us choosing it correctly. If we have high and thorough knowledge, I am sure you will not get a Scam project from ICO. Because of course it will be able to tell which Legit Scam.
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In 2018, ICO did a lot of scam projects and that was the fact and discarded investors. But not a few are also legitimate projects and can provide big profits. I think we only need to learn to distinguish by researching it, so we will be able to choose a project that is good at ICO and not subject to scam.
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I think to know which is scam or which is not is to first of all read and understand what they are offering, find out if their business models have real solutions to real world problem and how economically SUSTAINABLE are the business models..
This is just my own way analysing ICOs.
You could learn better ways from experience people on this forum.
What about you ??
Yes, I agree with what you say in my analysis, it's fundamental about the best ICO projects, because they have to have real products that can be used by everyone, and team developers must have real business related to the ICO project. because they have to have a community that supports their ICO project, and it will anticipate fake ICO projects and we can get legitimate ICO for investment in it.
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There are so many Scam Projects that are Scam and we cannot distinguish which Scam ICOs and Legit ones. It can be learned and can be done further in its definition. We really have many promising projects at ICO, we don't need to worry about Scam Projects, I think we just need to learn and know the difference between Legit and Scam at the ICO.
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that's right, by understanding the ico that we will follow, we can ascertain whether the ico is good to follow or not. choosing the ico that is legit is not an easy thing because we have to really analyze it well in order to avoiding a scam ico.