RE: The BS Check List For Spotting Scam Cryptocurrencies

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RE: The BS Check List For Spotting Scam Cryptocurrencies

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ilyastarar (64)in #steemit • 7 years ago

Thanks for the heads up @dragosrou. Lately, there have been so many ICOs going on and some of them have already run away with all the money. The latest that I know of is Superior Coin which was quite popular among crypto communities.

Your list is a great way to detect BS and run away from it. ICO is an easy way to get millions of dollars in a few hours and then run away with all the money. The trend has gone up since June. I would request your opinion about investing in ICOs.

This post is a great contribution to the community so the resteem is well deserved. Glad to have read quite a lot from you and looking forward to reading more. Always on point!

7 years ago in #steemit by ilyastarar (64)

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dragosroua (74) 7 years ago

I am very, very reluctant to ICOs. I will only follow up on an ICO if:

I know the developer beforehand
there is at least a public MVP that I can try
I can afford to lose the investment, so that keeps the potential invstment very, very, low, probably 50-100 USD.

$0.00

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ilyastarar (64) 7 years ago

Thanks for your opinion. I won't invest in an ICO may be. Established coins are enough if we know how to invest properly.

$0.12

2 votes