Post
Topic
Board Trading Discussion
Merits 4 from 1 user
Re: ICO investment Risk
by
faizmi
on 20/03/2018, 03:16:14 UTC
⭐ Merited by pandanaran (4)

Today most of the ICOs are nothing but scams and are bound to fail. They have nothing but copy pasted whitepapers, the same concept for product as everyone and no plan of how they would market the coin to its target audience. More than 47% of ICOs launched last year have failed. Thats a huge failure rate and I wouldn't recommend investing your hard earned money into something so risky.
Yes i agree with this, most of ICOs now a days just looking for people's money and run away, but if you find ICO which is genuine than it will give you profit as well but there are only ICOs which are legit, it is very difficult to find out best ICOs to investment.
yes indeed most ICO only contains whitepaper copied, because on average in their roadmap will build project Q with a long time difference from the end sale, and apart from finding a good ICO in investing in ICO you have to be patient because to get a profit cause the distribution of tokens and information on the exchanger takes a long time.