Why are they afraid of ICOs?

[Domithra]

The reason might be simple, perhaps they have participated in a very few ICOs which unfortunately turned out to be unsuccessful. This should not discourage you or impact fear in you from participating in ICOs. Seek for counsel for good ICOs if you cannot perform a study on your own to identify potential and promising ICOs.

[Alter]

Simply, they are afraid of ICO because the existence of the ICO scams. Today, to differentiate the legit and scam ICO is very difficult. Although we have analyzed carefully their whitepaper and team, sometimes many people are still able to be deceived. Additionally, we can see that many tokens from ICO will be failed or dropped the price after distribution. I think it is about trust.

[aji678]

Because it has a very big potential to be abused by scammer. You can see some various scam icos which have been used by scammer to raise money from the investors and then they have been running with it.
If you are investing in the right project and it becomes the best way ever but that's the risk by investing in the ico.

[Cryptoz]

It is normal for the people feeling afraid of ICOs. In my opinion, some ICOs are now scams. They may also experienced the bad thing about scam ICOs. In this case, they (both investors and bounty hunters) may be only stay careful and watch out of participating in an ICO to avoid being scammed.

[I-Bit]

So far, I never feel afraid of ICOs. When I fail to join one ICO, then I will follow another ICO. I just afraid if I don't have experience and never learned from mistakes. After you failed at an ICO, you should analyze what's the problem and why the ICO be unsuccessful. So, next you will never choose the ICO with the same indication. 

[SuccessManiac]

Some people are afraid of ICO's because they were scammed initially.  As the saying goes, once beaten, twice shy. If you have been scammed before, you will try to avoid other ICO's and in turn avoid scam too.

[Ryan06]

Some people are afraid of ICO's because they were scammed initially.  As the saying goes, once beaten, twice shy. If you have been scammed before, you will try to avoid other ICO's and in turn avoid scam too.

Yes I agree on that there are some ICO thatvis really hard to know itcit is scam that is why people are afraid on it. Because we can loss a big amount if we are inhehe on scam ICO.

[Noel26]

I believe that people are afraid of ICO because there are some scam ICO on the feild and we are all afraid to being victimize by that scam ico. We are all afraid to loss and I believe that if we are ingage on scam ICO we can possibly loss a huge amount of profit.

[Mengkay07]

ICO is prone on scam, maybe it is the reason why people around the crypto feild is now afraid to join an ICO because they are afraid of scam.

[Joel32]

ICO is prone on scam, maybe it is the reason why people around the crypto feild is now afraid to join an ICO because they are afraid of scam.

Yes I strongly agree on that , there are some scam ICO on the field so we need to make a good choose and be more temperate on some ICO to avoid scam.

[Billion]

The reason might be simple, perhaps they have participated in a very few ICOs which unfortunately turned out to be unsuccessful. This should not discourage you or impact fear in you from participating in ICOs. Seek for counsel for good ICOs if you cannot perform a study on your own to identify potential and promising ICOs.

I made ICObench like my advisor before investing in ICO.
I did that because almost 50% of the ICOs in this year had a lot of failures or scams. so I decided to see ICObench before investing.

[marcsymons]

The reason might be simple, perhaps they have participated in a very few ICOs which unfortunately turned out to be unsuccessful. This should not discourage you or impact fear in you from participating in ICOs. Seek for counsel for good ICOs if you cannot perform a study on your own to identify potential and promising ICOs.

Unsuccessful is one of the reasons but Scam projects and the market fluctuation are the other reasons too in which people learned not to join the investments anymore. The review and study well the project before joining are perhaps not enough to make people not to fear the ICOs but regulation is the best solution to make them trust investing in ICO again.

[paolobaltimori]

Many people have just invested in wrong ICO without even reading whitepaper and then they complain..... When I want to invest in one ICO I spend more than 4-5 hours studying whitepaper and project very carefully, asking questions to team and serching for other people's opinions.

[Jonaspams]

Well there are so many reasons why people are afraid on ICO one of the main reason is that people are afraid of scam and we all know that some of the ICO are scam.

[Paulmocat]

Well there are so many reasons why people are afraid on ICO one of the main reason is that people are afraid of scam and we all know that some of the ICO are scam.

Yes I agree on that we all didn't wanted to loss and i see that if we are scammed we can really loss.