I just work on bounty at this moment.But every person have a dream.I have a dream.I want to make a big investor.I want to invest on ICO.Can anyone explain me, Have any risk involved invest money on ICO?
Some ico now are scam and its hard to find a legit ico. Some are legit but after they add it on exchange the price are so low than the ico price. If you want to invest i think try a small amount.
well, we can not judge the quality of an ICO, because most of the ICO does have a good concept. even at risk, try minimizing the risks by choosing a good team, reading whitepapers, or investing in ICOs that have reached softcap, or nearly reaching Hardcap.
Yep that's berry true. almost all ico do have a really good concept and it is actually really hard to tell and know on whether they are legit or not. I also agree that in order to minimize risk we should only do a proper research on them. that strategy can't save you from the risk of getting scammed or loose but at least it will still help you a little bit in order to possibly eliminate the bad ones from the best.
just also remember the golden rule on which is invest only what you can afford to loose. So that you won't regret if ever your plan won't go verry well.
It's also a good idea to just diversify our funds onto some other profitable investments and not just focusing on one ico because there were also many known ways to earn an income in the form of cryptocurrencies.