Quote from: moses_dw on April 08, 2018, 07:06:21 AM

Quote from: happyme1818 on April 08, 2018, 06:27:31 AM

Quote from: moses_dw on March 23, 2018, 01:47:27 AM

Hello fellow community members,

Recently I saw lots of people announcing new altcoins. They're planning to launch ICO soon. But I was wondering if we should invest in ICO with proven business which will reduce the risk of our investment or go big with ICO project that we believe in but it starts from zero?

The trend of ICO is everywhere and lots of SCAMS is happening. Therefore, viewing ICO from risk management perspective is also important. What do you guys think?

"Price is what you pay. Value is what you get." - Warren Buffett

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It is true that it is better to invest with a proven product or business but we should also remember that some good ideas that can contribute in crypto needs a fund. ICO is suppose to be a collection of fund to develop a certain project. Just so happened that scammers use this process to collect money and run.

Agreed. There are many good projects out there, Visionaries who see the world differently, who solve the solution innovatively. Scammers should get out from this industry. I guess there should be some kind of prevention on letting this happen. Right?

Today's ICO project is almost entirely based on the honesty of project team members. In fact, this is not a good phenomenon. If third party institutions join in to ensure the rational use of funds, it is a good solution.