Please read the ways to verify whether an ICO is a scam or not. In future, this may apply to bitcoin as well.
No, the article talks about "
Warning Signs of ICO Scams" NOT " the ways to verify whether an ICO is a scam or not."
S/he talked about it at the end of the article where s/he said:
Having mentioned the warning signs of ICO scams, as a disclaimer it must be said that there is no guaranteed way to judge the intention of an individual or company. Take reference to the Centra ICO scam the creators spent a lot of money on their promotional activity by hiring celebrities. The fact that some ICO would spend so much money gives the idea that it is legit
Even the points referred to in the article "No Team or None Mentioned, No Whitepaper, No Plan, ...etc", and even availability does not mean that the project is real and advised to invest in it.
also, The lack of some of these points does not mean that the ICO is a scam.
promising big profits, If it sounds too good to be true, you should think again. There is no investment with big and consistent profits without a big risk too.