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Author Topic: The Need to Be Careful with ICOs  (Read 2128 times)

Offline whandut93

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The Need to Be Careful with ICOs
« on: October 26, 2018, 06:51:11 AM »
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/
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The Need to Be Careful with ICOs
« on: October 26, 2018, 06:51:11 AM »

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Offline ridwan93

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Re: The Need to Be Careful with ICOs
« Reply #1 on: October 26, 2018, 06:54:49 AM »
Or why not just stop investing to ICOs and just go with the normal tokens / coins that are already listed on exchanges?

Doing research is still good enough to know if the ICO is a scam or not that will give you strength on what to avoid.
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Offline whandut93

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Re: The Need to Be Careful with ICOs
« Reply #2 on: October 26, 2018, 06:57:48 AM »
Or why not just stop investing to ICOs and just go with the normal tokens / coins that are already listed on exchanges?

Doing research is still good enough to know if the ICO is a scam or not that will give you strength on what to avoid.
May be that can form a good option but not that much good as if it will create a healthy environment for the crypto currencies. I mean if everyone stopped making investment into the ICO then how do you think that new coins which may have greater potential than the current will exits or will be created.

This can be bad and also there is always need to have changes in every field to improve things better and better. So in case of crypto currencies it is the crypto coins which are heart of the crypto world which needs to be improved all the time. Thats why ICO;s should be there.

Now scam and legit are the parts of different story I believe.
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Re: The Need to Be Careful with ICOs
« Reply #3 on: October 26, 2018, 07:08:35 AM »
Invest in ICO at this time is very high risk even when there are some potential ICOs which has good idea and team's background. It all depends on the market.

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Re: The Need to Be Careful with ICOs
« Reply #4 on: October 26, 2018, 07:13:14 AM »
Good search though. I've been into crypto for a very long time and I can see why so many ICOs failed. 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
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Re: The Need to Be Careful with ICOs
« Reply #5 on: October 26, 2018, 07:47:27 AM »
Is your wish to inves t in ICO,, this year has been bad for many investors due to fall projects and the ICO prices didn't match the market price at all. What a great loss to investors!
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Re: The Need to Be Careful with ICOs
« Reply #6 on: October 26, 2018, 07:22:32 PM »
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"

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Re: The Need to Be Careful with ICOs
« Reply #6 on: October 26, 2018, 07:22:32 PM »


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Re: The Need to Be Careful with ICOs
« Reply #7 on: October 26, 2018, 07:35:37 PM »
ICO is needed cause if when there is no ICO, then we wont have any development in this crypto world. So thats why the researching is the important one before we investing in ICO. but to find the good ICO right now is so hard right now.

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Re: The Need to Be Careful with ICOs
« Reply #8 on: October 26, 2018, 07:47:40 PM »
One of the 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.
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Re: The Need to Be Careful with ICOs
« Reply #9 on: October 26, 2018, 08:43:53 PM »
Or why not just stop investing to ICOs and just go with the normal tokens / coins that are already listed on exchanges?

Doing research is still good enough to know if the ICO is a scam or not that will give you strength on what to avoid.

It's not a wise solution bro. Even if you buy tokens/coins listed on exchanges, there is no guarantee for legit future of those coins. In my opinion, we should not avoid ICOs but we must do own research correctly before deciding to join ICOs. 
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Re: The Need to Be Careful with ICOs
« Reply #10 on: October 26, 2018, 10:32:09 PM »
Every investment we make we are expose to risk. So, take calculative risk, and check your financial exposure and you won't be frustrated if the project collapse.

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Re: The Need to Be Careful with ICOs
« Reply #11 on: October 26, 2018, 11:22:08 PM »
These days i am not investing any ico.I think in bear market that is the worst decision. I prefer buying some altcoins and holding.
I dont trust ico's anymore. They are trying to collect money and they dont care about investors. Because of that i stopped investing icos now.

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Offline meale

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Re: The Need to Be Careful with ICOs
« Reply #12 on: October 26, 2018, 11:35:49 PM »
The project designing smart tokens that hold several tokens in reserve to exchange between them seamlessly experienced serious security troubles during their ICO. To their fortune, they withstood the attacks and got rewarded by becoming one of the highest-funded ICOs, at that point.
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Offline xtian_1988

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Re: The Need to Be Careful with ICOs
« Reply #13 on: October 27, 2018, 01:52:57 AM »
At ICO you can buy coin for lower price but the without proper management ,thats why you need to research  The iCO you're going to invest,there are other ICO project that didnt even reach the market that's why some prefer to buy the coin which is already listed in the market.

Offline Jaguar

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Re: The Need to Be Careful with ICOs
« Reply #14 on: October 27, 2018, 02:33:31 AM »
Searching is important to find out the legit and scam ICOs. Laziness is the enemy to disable the motivation to search and put more times. Somehow Scam ICO is hard to define due to very attractive site, team, and etc. To search is our duty.

 

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