What's goin on with the ICOs?

a-fischer avatar
a-fischer
Archived posts: 2
Joined: Nov 22, 2017

What's goin on with the ICOs?

by a-fischer · · Post #12246

Hello everyone, I'm kind of new in the crypto world, I thought you might give me more useful information about ICOs. I have seen around the web, "ICOs they have raised millions" but I'm not sure whether invest to one of them or not. Anyone have experience with ICOs? who invested before or to which ICO invest these days?
Basara
Archived posts: 8
Joined: Oct 17, 2017

Re: What's goin on with the ICOs?

by Basara · · Post #12252

ICO's are high risk high "potential reward." Don't invest more than you can afford to lose and read their white paper noting quirky unprofessional quality graphics, spellings appearing lost in translation, and some form of capability to reference the team behind the curtain. Also, use multiple ICO review sites and ICO alert sites then make your own decision. Just don't fall the "lending contract ones" like BitPetite (defunct), BitConnect, or USI-Tech. As most of the times you'd be better off buying the coin EARLY and cheap as possible holding it as they pump the coin, flat lines, then they run. Also, keep in mind having "raised millions" means absolutely nothing as one recently cut and run. Best of luck!

http://www.livebitcoinnews.com/confido-ico-turned-scam-developers-cash/