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The crypto market faced a major disruption after China announced a ban on ICOs.
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To make things worse, the SEC also issued a warning against ICOs, asking people not to invest in them.
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Does this mean it is a game-over for the event that started just three years ago due to the Ethereum-based ERC-20 token?
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Experts believe otherwise.
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Ben Armstrong, one of the experts in the crypto industry.
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believes that ICOs are here to stay, provided you don't invest in the bad guys.
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He explains five red flags to look for when planning to invest in an ICO. 1.
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According to Ben, many ICOs follow that habit, but it is not a good sign.
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While long and complex white papers aim to make the project appear credible, valid and serious.
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they do not necessarily achieve their objective.
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Ben advises you to choose ICO that is not around the bush.
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In simple words, they mean that if you cannot understand the terms and conditions in the white paper, then you should avoid that ICO. 2.
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