Post
Topic
Board Altcoin Discussion
Re: How to check if ICO is scam or not?
by
Sithara007
on 31/03/2019, 15:32:17 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? 

To tell the truth, there is no 100% reliable method to flag the scam projects. But from my experience, I would say that projects originating from countries with strict crypto regulation, such as Japan, South Korea, Germany and Singapore are less likely to be run by scammers. Also, avoid projects in which the promoters are anonymous.