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7 years ago in #bitcoin by heavey (59)
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Awsome article.. is there a way to know which ico offerings are good to invest ? And what kind of firm do we have to invest in ?
interesting
Thank you @heavey. A good post as usual.
The problem with ICOs is that they are widely open to all people. Many of the ICO are clearly bound to fail. Some of them are scams. However, since most people have too little experience in investment, they get into them.
true
This post clarify a lot of thing, thanks for the information.
Thank you so much sir, even a beginner can understand clearly the basics of cryptocurrencies from this post. God bless you sir.
Thank God for steemit. It can only get better.
We are fortunate people indeed to be alive in this age. Making dreams come true has never been in the hands of individuals as it is today so congratulations.
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A lot of ICO's tend to flop in value after there release into the larger markets, you have to be very careful with your options in my opinion. Thank you for the post, upvoted.
💯%✔
Sometimes it's not a good idea to get on a coin via ICO.
As I have observed, most coins drop in value significantly after the ICO, which of course is bad for investors. In addition to possible ICO scams, I personally think the risks in getting into ICO are many, hence it would be wise to hold on get the coins when they are on Exchanges, especially reputable exchange like Bitfinex.
My personal opinion though 🤔
Yea yea
Yes very true:)
I agree, it's higher risk and higher reward now :)
Thanks for the information
Great overview of the ICO-Movement. Upvoted!
@Tom, thanks for the very articulating post. I got full insights now into what ICO is. Yea, like you said, the higher the reward, the higher the risk! 💯%✔
I was just wondering, could you tell us why ICOs are currently prohibited in Singapore and the USA? Also, if you could, it would be nice to know how to really identify a scam ICO. I hundreds of ICO adverts everyday on Facebook. It's just so crazy ! 🙆♂️
Will check back to ser your response.
Thanks man ✌
interesting points
Absolutely!
I'm from Singapore and we have such a strict policy on online purchase of "digital goods". Anything that is speculative now or in the near future is considered as gambling, therefore it is regulated in certain ways but that's how it works around here. With all these rules and regulations, we get to start creative on the solutions and workaround, which in turn empower us in so many ways.
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Most ICO especially on Ethereum Blockchain are just tokens with made up special abilities. I'm not against ICO, but you know most of it are just over marketed tokens. I hope EOS will become a reality because it is a whole new blockchain tech.
interesting
Great post...u really took ur time
@heavey got you a $2.02 @minnowbooster upgoat, nice! (Image: pixabay.com)
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This post has received a 10.81 % upvote from @booster thanks to: @heavey.
wao nice article
Great Post!
I would like to know where you get informed for the new ICOs? And how do you mesure your risk in investing ? How do you know that a new ICO is not a SPAM?
Thank you @heavey!