The Need to Be Careful with ICOs

[Azam90]

Scammers are everywhere and they always take advantage, they have the opportunity to get money easily. They are very greedy for money. We really need to be careful with some new ICOs. In order not to suffer losses.

yeah, you're right.
it is very difficult to distinguish scam projects or those that actually work, because they also compile their projects almost the same as the porject that actually works. we really have to track it well before making a decision to invest.

we are required to seek as much information as possible about the project.
i hope we will be able to avoid scam projects.

[Bhussainn2]

most of the ICOs will scam people and nothing will be done. I wish it come to an end someday.

[eurcoin88]

With so many scams around these days, investing in ICOs is a challenge. Aside scams, there are issues related with the viability of tokens, and utility. That is why I've been researching on how to get the right sort of token. Investors also need to do more research before paring with their money in ICOs. This article gave some insight https://cryptoinfowatch.com/initial-coin-offering-choosing-a-good-token/

There are few altcoins which are really good in terms of innovations and profit margins. Some of these coins are backed by some big companies. Sadly because of the scam ICOs people dont find confidence in these projects.We must carefully investigate before investing and not throw away any good project in fear of the scam ICOs.

[Bhussainn2]

 needs I have come to find out is the too many scam that most of these ICOs have turned to recently. And most of the ICOs will scam people and nothing will be done. I wish it come to an end someday.

[Bhussainn2]

there is no guarantee for legit future of those coins. In my opinion,

[PhiliPPs]

They don't have anything new on their sleeves when commencing a project. If you're a new player you need to consider giving out unique set of new features that will boost your project and not just hype. Thousands of crypto are out there, why investors should buy yours? This question should be on your brain storming with the team and a similar suggestion is a no for this due to massive competition out there. Go further and outside the box ideas are welcome

This is definitely true. ICOs now are just competing against each other instead of aiming to make something revolutionary. I also do not see the point of most projects whose aim is to become crypto xxx 2.0 or a "faster version"

You're right.  Recently, projects have stopped surprising us with some kind of innovations, they simply copy ideas from each other under new brands, so most projects do not even collect softcap!

[Stgeorge]

Of course we must be carefull in choosing an ICO, because now many ico are stuck,it would be great if you study with more experienced people,do not get you wrong if you will invest in ico.

[napster]

Definitely, ICO stages are dangerous if you not be careful. I remember most of the scammers are spamming the telegram groups to send out their own wallet addresses, and I saw so many eth's - like 150-200 - sent out to their addresses.