Please always remember NOT to invest your bread and butter money, or take out loans in order to invest in ICOS. Although many times they might seem lucrative investments, ICOS are still highly unregulated and I consider them as high risk investments in my portfolio. I never invest a lot but when I do, I like to really try to read all the news about that token and what the token solves by way or problems, who is the team behind it and their credentials and go through the whitepaper with a fine tooth comb. Now that ethereum prices have fallen it might be a better time to inves tin ICOS but then again eth prices may flunk further in the red, so your guess is as good as mine. Take investing in ICOS as gambling with a margin of calculated risk.
I wonder a lot of people who would be going such a huge risk taking out loans for the sake of making huge money. For some, they get lucky while some just dont.
ICOs are good, but the truth is that no one can really know what the outcome of an ICO would be and even those investing in ICO with their real money always take a huge precaution and it bothers me when I see a lot of people on this thread saying they took out loan, bought into a scam ICO and ended up losing everything.
Can humans be really that stupid ? Anyway, nice advice you have given there to everyone who cares to listen.
I think many people who got into this situation were perfectly aware of everything. It's just that sometimes life's circumstances are prompted to go to Allin.