Post
Topic
Board Altcoin Discussion
Re: How to check if ICO is scam or not?
by
ricardobs
on 05/04/2019, 10:50:52 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? 
A lot of people here are fond of saying whitepaper, like that’s the only thing that really matters. This time around scammers can create a really good whitepaper that is unique and will make you think the project is genuine. I’m not trying to say we shouldn’t go through the whitepaper, but you should take your time to go through everything, including the team, so that you don’t waste months investing and working hard and at the end it ends up as nothing.