RE: ICOs burning your money?

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ICOs burning your money?

in china •  6 years ago 

This is really scary... I have burnt around 50$, promise I won't do this again;)

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better 50 than 5000, still, there are good projects to invest into, but you need to be careful. My recommendation, check the team, and where they are located. Sometimes to be in a caribbean island is not a good sign, it can mean they are ready to close shop after the ICO.

A lot of ICO's are made by students/starters that have never held large amounts of cash in their hands. Once they see millions they plans are often changing. That is the problem.
Kickstarter is facing the same problems...
I still want to invest but need some solid knowledge first:)