"is EVERY ico a scam??"
Answering this question only addresses the tip of the iceberg. Even if an ICO is not a scam project, there is also a chance that the project may not take off.
Research has shown that 80% of ICOs are scams, and 90% of startup fails... that means almost only 1 out of 50 ICO projects will give you some kind of returns. The odds are not in the favour of ICO investors, period.
Having said that I'm sure you can greatly increase your odds if you've done your homework on the ICO you are investing in. I still stick to my crypto motto - don't put in anything you cannot lose.
Good luck everyone!
p.s. I've organised an ICO before for my ex-company and advised on some. if you have any questions about ICOs let me know - I'll try my best to answer
Answering this question only addresses the tip of the iceberg. Even if an ICO is not a scam project, there is also a chance that the project may not take off.
Research has shown that 80% of ICOs are scams, and 90% of startup fails... that means almost only 1 out of 50 ICO projects will give you some kind of returns. The odds are not in the favour of ICO investors, period.
Having said that I'm sure you can greatly increase your odds if you've done your homework on the ICO you are investing in. I still stick to my crypto motto - don't put in anything you cannot lose.
Good luck everyone!
p.s. I've organised an ICO before for my ex-company and advised on some. if you have any questions about ICOs let me know - I'll try my best to answer