Post
Topic
Board Altcoin Discussion
Re: How to check if ICO is scam or not?
by
andrejka
on 17/03/2019, 10:23:46 UTC
Hey guys, I'm new to the whole ICO world, and BTCtalk as well. I've been reading about a lot of scammy ICOs that take people's money and run away. I'm looking to invest in a couple of ICOs but have no way of knowing if they are good or not. Can anyone tell me how I can go about doing this without losing any money? 

You would never know for sure if the ICO is a scam or not. However there are still a few recommendations following which you can minimize the risk of being scammed. Among them is analysis of the current project, you have to carefully examine whitepaper of the project and its roadmap, checking if the roadmap is real to implement. One of the most important things is team analysis as well. It's not so important what the project and its product are than the dev team who is going to make everything happen. Believe me you will see it clearly if the team is suspicious/not real/fraudulent.