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RE: Study: 81% of ICOs are SCAMS

in #cryptocurrency7 years ago

These statistics do not surprise me as all tech investments are inherently risky and most tech startup investments fail. ICOs are not well regulated so constitute the riskiest kind of tech investment you can invest in. If you are not prepared to do hard core due diligence, SWAT analysis and competitive analysis on ICOs that interest you, you are in my opinion not investing but are instead gambling. In that case you might consider a visit to the local casino as you will probably get better odds.