When statistics show that 81% of ICOs end up becoming scams, alarm bells should ring far and wide when it comes to investing in them. The market is flooded with unscrupulous individuals looking to secure as much funding as possible and leaving investors out of pocket. Last month, we published a piece on the top five red flags to look for in ICOs. But since a month is a seriously long time in the crypto world, investors should exercise further caution. Not everyone has access to expert advice when it comes to crypto investing. Some of us simply choose to buy onPowered by WPeMatico
There are now approximately 12 ICOs passing every day. So when one is choosing among them, it’s important to bear in mind that with so many companies wanting to make collections of funds, some will actually be a scam, others might have good intentions but prove unsuccessful, and some will have the chance to succeed. -Pavel Salas, cryptocurrency trader, Tokenbox.io CEO, and CoinPlace adviser As many a bleary-eyed ICO team emerges from the ashes of 2017’s year-long party (and investors wake up to find their wallets empty), a thin veil of remorse hangs delicately in the air. There’s more to ICO