Post
Topic
Board Altcoin Discussion
Re: Is it safe to participate in ICO's?
by
ATSgrowth
on 26/05/2018, 16:56:06 UTC
Right now there are many ICOs coming out, is it really safe to participate in any of it and spend that much? In participating ICOs I have high hopes that these coins could be the next Bitcoin or other currencies that are really going up in the market.
Well of course it is safe as long as you follow their instruction and understand what you are doing. The most peoblem with ico is people sending their money from their exchange wallet which you should never do so you have to avoid that and don't forget to be carefull especially in telegram chat as sometime there's scammer who dm you and send the wrong contract address. Also make sure ico is legal on your country otherwise you can't participate.
I dont think that many people sending eth from exchanges.. everywhere I see a warning that sending eth from exchanges will cause token loss.