Post
Topic
Board Altcoin Discussion
Re: How to check if ICO is scam or not?
by
bustedsynx
on 15/05/2019, 20:06:58 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 minimise loss by reducing risk, you will do research even just a little bit. First you have to read the whitepaper if the use case is achievable and not too lofty and second most important thing to do is to do background checks on the team if they are real. The best teams are the ones who are known in crypto.