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Topic: 6 tips to pick the right ICO (Read 452 times)

member
Activity: 84
Merit: 10
December 05, 2017, 10:26:58 AM
#24
Great article. It is good to have information everywhere that will help us avoid scammers. I would like to add the social media presence and more importantly the community that each project has.
full member
Activity: 756
Merit: 100
December 05, 2017, 10:10:42 AM
#23
https://www.cio.com/article/3230365/internet/6-tips-to-pick-the-right-ico.html

ICOs are high-risk, high-reward investments. It’s important to know how much one is willing to invest and possibly lose before participating in one.


Naturally, all of these prompts are very good, and the majority is trying to use these smart tips. However nowadays it happens that even the ICOs with cool whitepaper and nice team fail. Sometimes even luck plays a great role here.
But if you are lucky - you can do x10 for 1 year, for example!
legendary
Activity: 1848
Merit: 1000
December 03, 2017, 09:05:35 AM
#22
Takng part in an ICO is very risky and a lot of the time you are investing in an idea with an unproven history.

I find that the community is quite important when looking at an ICO a lot of the time it can save you a time if it is a scam as many before you would have already discovered this.
full member
Activity: 406
Merit: 100
December 03, 2017, 08:45:39 AM
#21
1.White Paper
2.Road Map
3.Team
4.Website
5.. ICOS
6.
full member
Activity: 770
Merit: 101
December 03, 2017, 08:44:01 AM
#20
This is often more fortunate because the ICO is a form of investment through a computer screen, so you can not know exactly if the project is executing or not. But I will give you tips that are drawn from your own experience:
1.Lucky Factor.As said fortune factor is very much for your success. If you are a bad luck, I recommend you do not invest in this field.
2 The value of each project. One example is Ethereum, the original price is only 0.005 BTC in the market, but it is growing rapidly.
Finally, you have to find out thoroughly about the ICO project that you participate in. See the form of activity, capital investment. Often see its web site for coin value.
Good luck
full member
Activity: 406
Merit: 100
Market Integration Platform
December 03, 2017, 08:08:03 AM
#19
https://www.cio.com/article/3230365/internet/6-tips-to-pick-the-right-ico.html

ICOs are high-risk, high-reward investments. It’s important to know how much one is willing to invest and possibly lose before participating in one.


''high-reward investments'' it was for a very short time in summer. Now they most cannot even seen as a investment, but rather gambling. Gambling is better because at least you know it is gambling
copper member
Activity: 560
Merit: 253
December 03, 2017, 08:01:03 AM
#18
https://www.cio.com/article/3230365/internet/6-tips-to-pick-the-right-ico.html

ICOs are high-risk, high-reward investments. It’s important to know how much one is willing to invest and possibly lose before participating in one.

What you are saying is actually true, and I agree with it. A lot of investors end up loosing their money because they are lazy to read, the lazy to read something that is even written in front of their eyes, the best strategies that one can use to determine whether an ICO is a scam or not is to research about certain projects since not all projects are legit. Familiarize yourself with the team behind and the technology behind the project.
full member
Activity: 350
Merit: 100
December 03, 2017, 07:29:32 AM
#17
Hey sophiasophia22 this is a good site that have better information for the people who want to invest in right ICO and avoid scams.Also I have some other useful sites from where you can get much important information about ICO. here is the list:
icoalert.com
crustcrypto.com
ICObench.com
ICORating.com
icobazaar.com
tokenmarket.net
icotracker.net

  I will advice you that pls study this all sites well before invest in any ICO because in the all above sites have much accurate and deep information about particular project.


Thank you for your information, I am confused about how to pick up a promising ICO projects and I have made some mistakes. I will try my best to study these sites well before investment.
Rating is made up of people. They are influenced by money. It is necessary to check several times and on different sites.
Where is the big money - there are risks.

sr. member
Activity: 404
Merit: 250
December 03, 2017, 07:25:56 AM
#16
Hey sophiasophia22 this is a good site that have better information for the people who want to invest in right ICO and avoid scams.Also I have some other useful sites from where you can get much important information about ICO. here is the list:
icoalert.com
crustcrypto.com
ICObench.com
ICORating.com
icobazaar.com
tokenmarket.net
icotracker.net

  I will advice you that pls study this all sites well before invest in any ICO because in the all above sites have much accurate and deep information about particular project.


Thank you for your information, I am confused about how to pick up a promising ICO projects and I have made some mistakes. I will try my best to study these sites well before investment.
hero member
Activity: 658
Merit: 500
December 03, 2017, 07:21:45 AM
#15
https://www.cio.com/article/3230365/internet/6-tips-to-pick-the-right-ico.html

ICOs are high-risk, high-reward investments. It’s important to know how much one is willing to invest and possibly lose before participating in one.


I think the most important point in the article is to know the people behind the project, the era of anonymous ICO is gone, NXT did it and was successful but now there are alot of scams in the space, so don't trust any faceless developer with your fund
full member
Activity: 130
Merit: 100
December 03, 2017, 07:02:55 AM
#14
Good points. I would say you have the same factors as I recommend to others:

1. Team - is the team capable of doing the product, do they have experience and skill set
2. Market - is there a niche or share of existing market will be made, is the market large.
3. Token model - is there a purpose of the coin, do you think it is useful.
4. ICO structure - how will the funds be used, roadmap available, do they need that much money.

Still the risk is very high even you study those ICO but if you really believe on that project and as long as you do your homework then invest on it. After all we are really in high risk market but those risk are really profitable sometime.  

Risk always takes part here. And this risk is really high. Even when the project is good at all points it can fail.. For example the lack of investments. Many investors don't make research and invest in most hyped and marketed projects. That is why good projects can fail. People just wrongly invest in ICOs which they always see (good advertisement and marketing).
legendary
Activity: 2436
Merit: 1366
December 03, 2017, 07:00:42 AM
#13
I am also using icobench and icorating websites. Those 2 are my general references.
On the other hand I look for hype about that coin on forums and their devs.
full member
Activity: 686
Merit: 108
December 03, 2017, 06:59:59 AM
#12
Good points. I would say you have the same factors as I recommend to others:

1. Team - is the team capable of doing the product, do they have experience and skill set
2. Market - is there a niche or share of existing market will be made, is the market large.
3. Token model - is there a purpose of the coin, do you think it is useful.
4. ICO structure - how will the funds be used, roadmap available, do they need that much money.

Still the risk is very high even you study those ICO but if you really believe on that project and as long as you do your homework then invest on it. After all we are really in high risk market but those risk are really profitable sometime. 
full member
Activity: 130
Merit: 100
December 03, 2017, 06:53:28 AM
#11
Really good list of tips. Thank you!
When choosing the ICOs to invest I always give priority to idea, market, team, roadmap and perspectiveness. If these points are clear enough I research further details to know if it worths to invest.
full member
Activity: 448
Merit: 100
December 03, 2017, 06:41:05 AM
#10
Good job! Indeed a good thing putting up an article about the tips on how to pick the right ico because scammers are all around. It is true that since we are investing in assets, we have to be keen in chosing the correct ico specially for those who are just new to tgis field. I saved thr articale and will be using it as a reference. Also, I will share it to my friends so they will have a guide.
legendary
Activity: 3248
Merit: 1402
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December 03, 2017, 06:29:23 AM
#9
The points in the article are rather fine, I guess, and yet it can't guarantee ico's success even close.
Good points. I would say you have the same factors as I recommend to others:

1. Team - is the team capable of doing the product, do they have experience and skill set
2. Market - is there a niche or share of existing market will be made, is the market large.
3. Token model - is there a purpose of the coin, do you think it is useful.
4. ICO structure - how will the funds be used, roadmap available, do they need that much money.
The team of most icos has good education and/or some experience and yet true giants don't really work on icos. If one made a successful project before one is not likely to make another one, because the money and fame is already there. Moreover, I noticed that actually projects with good team and lot's of invested money for some reason die all of a sudden. Good examples of that are Blackmoon and Electroneum.
As for the market - well, the potential audience might be huge but there might also exist alternative projects already covering it and in this case it's really hard to say whether a project will fit in.
member
Activity: 95
Merit: 10
December 03, 2017, 06:18:39 AM
#8
Good points. I would say you have the same factors as I recommend to others:

1. Team - is the team capable of doing the product, do they have experience and skill set
2. Market - is there a niche or share of existing market will be made, is the market large.
3. Token model - is there a purpose of the coin, do you think it is useful.
4. ICO structure - how will the funds be used, roadmap available, do they need that much money.

Agree with this opinion, I want add more about tips pick the right ICO,

5. Business Sector - analyst the main business sector, is that kind business has big capital or not.
6. Roadmap - see the roadmap, how the next roadmap will be, is the project will expand more in their apps or anything.
member
Activity: 140
Merit: 11
December 03, 2017, 05:44:52 AM
#7
Thanks for sharing useful information. I think that these points are the most important to pay an attention for.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
December 03, 2017, 05:37:15 AM
#6
https://www.cio.com/article/3230365/internet/6-tips-to-pick-the-right-ico.html

ICOs are high-risk, high-reward investments. It’s important to know how much one is willing to invest and possibly lose before participating in one.

Ico is speculation but remember there are some good examples about the ico that gets so many hype will worth a lot after that will be listed on the exchange site like just what already happened with bitclave or universa.
member
Activity: 97
Merit: 10
December 03, 2017, 05:28:52 AM
#5
Often, I like altcoin, which is more tech-savvy, because buying altcoin is often value investing rather than malicious speculation. So I think, ICO, we should focus on more technical projects, to avoid the selection of Ponzi scams.
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