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Topic: Are you picky with ICOs? - page 102. (Read 13440 times)

legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
September 21, 2017, 03:15:47 PM
#53
Are you picky with ICOs?

I don't even do ICOs like I don't do cloud mining. I believe one can easily get scammed through them. Wasn't beaming searchlight on the ICOs that started all this China brouhaha?
newbie
Activity: 19
Merit: 0
September 19, 2017, 04:52:34 AM
#52
definitely yes. there are so many scams out there.
sr. member
Activity: 616
Merit: 256
September 19, 2017, 04:48:41 AM
#51
ICO is an investment, when you invest we have to be smart and i am picky in terms of ICOs. These are the criteria when i am going to pick an ICO :

1: Usefulness,adoptability and advocacy
2: White papers and road map
3: Protocols
4: The teams profile and in deep research and investigation
5: Business partners and business engagements.
6: Exposures
7: Market Cap and coin supply.
L
full member
Activity: 182
Merit: 100
September 19, 2017, 04:38:38 AM
#50
I usually don't do ICOs, when you invest at an ICO you usually are investing in a company, specially if it is an Ethereum Erc20 or similar token.

Invest in protocols, not companies.
full member
Activity: 441
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
September 19, 2017, 04:28:10 AM
#49
Are you picky with ICOs?
yes, of course, I am always sorting out and choose to join ICO project because many ICO are only successful in sales but they fail at launch.
A good, legal, and clear ICO is my choice.
sr. member
Activity: 322
Merit: 250
September 19, 2017, 04:25:20 AM
#48
Are you picky with ICOs?
We should be.Knowing that there are lot of ico project sprouting everywhere,.which most of them are fraud, paying close attention and choosing only the right one will avoid us from being their victim cause those people behind fraud ico are skillful on decieving people using their sugar coat promises.
Beside its our hard earn money dont let the crook steal it from you.cause regret is always on the end.
sr. member
Activity: 1862
Merit: 295
GOD is TRUE
September 19, 2017, 04:09:10 AM
#47
The percentage of ico that fails very little, which is the problem is that many percentages of ico are successful in sales but are drowning in the trading market, this makes us not able to directly benefit in an unspecified time, some ico I choose has a price far below the ico price , I need to be more detailed in investing.
newbie
Activity: 31
Merit: 0
September 19, 2017, 02:47:39 AM
#46
Yes I am very picky what ICO I invest in. There are lot of scammy or useless ICOs. Some of them just hold nothing but artificial value. You can lose loads of money if you are not picky enough.

Most actually are only for speculation
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
September 15, 2017, 04:20:30 AM
#45
Are you picky with ICOs?

You have to be picky with icos. If not, you'd probably end up with a big loss of money through scams. Study and research is very important if you're going to select an ico to invest on.
full member
Activity: 158
Merit: 100
September 15, 2017, 04:16:44 AM
#44
Yes, I am picky with ICOs. I keep few critirias and ICO should pass at least 2 of them

1. Good team: it should have a good team. Ideas can remain just a dream unless a dedicated and honest team drives them to reality
2. Solves a problem: I don't like to invest in a Gazillionth token launch unless it solves a problem that no one else solved or approaching in a different way
3. Escrow account: This or a Good team
4. Defined investment targets and roadmap: If the team had done enough groundwork & analysis then they would know the roadmap and investment they need
5. Too big to scam: I sometimes invest in big ICOs because I think they are too big to scam. But, may be that's just me
sr. member
Activity: 475
Merit: 250
Presale is live!
September 15, 2017, 04:08:56 AM
#43
Yes I am very picky what ICO I invest in. There are lot of scammy or useless ICOs. Some of them just hold nothing but artificial value. You can lose loads of money if you are not picky enough.
hero member
Activity: 798
Merit: 506
September 15, 2017, 04:02:16 AM
#42
Are you picky with ICOs?

It's a must, if you're not, then your money will be gone or loss because not all of the ICO is legit or profitable in the end.
Even after the coins listed on trading platform, may be dumped and just fall for good without any chance to rise again.
So, pick the most potential ICO based on the idea, project developers and marketing management. Then, you can judge an ICO will be worth to invest or not.
hero member
Activity: 837
Merit: 500
September 15, 2017, 03:53:38 AM
#41
The fact that were about to invest n it, to risk our money on it means we should be picky on it. Choosing an ICO takes lot of considerations. Never trust easily, it might deceive you, that will make you regret have a resear h and think a throughout decision, it will surely worth investing once you decde on investing on it.
full member
Activity: 236
Merit: 100
September 15, 2017, 03:40:42 AM
#40
I think you have to be picky these days as there are so many ICO's floating around. . I have invested in a few ICO's and a few things i avoid are:-

- Huge bonuses - They shouldn't be giving away too much if their token will be valuable. Anything over 40% is risky
- Lack of details in whitepaper - You should have figures, stats and ideas where they are going, if they don't even have the amount of tokens issued keep away
- Bad website / lack of a social media presence - If they care a lot they will invest into a good website and will want to connect with their investors
-Weak team - Needs a well rounded team, not just developers


I have just invested in Crowdholding. Seems like a good project, had a good online response team, good social media and a solid concept. Looking forward to their ICO in November.(pre-sale is finishing in a few days)

https://ico.crowdholding.com

Hope this helps
member
Activity: 83
Merit: 10
September 15, 2017, 03:25:26 AM
#39
Yes and you should be. Far too many shitcoins out there. Look at the whitepaper, check the advisors and roadmap. What are aiming to solve / achieve, is it sustainable. Will the coin value be able to grow?

Or is it just a get-rich quick scheme. use your noggin!

Far too many ICOs are based on great sounding but highly impractical ideas. That is a bad plan. Everyone wants to be the next bitcoin - the coin all blockchainers in the world will need. Those ICOs simply can't work. Focus on a fixable problem and get 2 million adopters and you will have a strong coin.

There are only 14 million bitcoin wallets and only 1.2 million ethereum wallets: https://hankyulpark.wordpress.com/2017/03/24/how-many-people-in-the-world-own-bitcoin-or-ethereum/

We need to expand the user count.

Everyone keeps going after the same 14 million people users. The key is to find ICOs that go after new markets and increase adoption of crypto usage.

How can it be achieved? How to show all the advantages of using cryptocurrency?
Paying via btc in the stores, for tickets in bus, train, etc might be a great jump in this direction.. That's why I like ideas of ICOs whose idea resolves this problem. Like Dash https://www.youtube.com/watch?v=VlWoVeKWXbA or  reOrder (ICO not launched yet https://ico.reorder.world/ ). Their main target is to increase the btc and other cryptocurrencie  users amount. Through reOrder tablet people can even easily open crypto wallet and get discount.
newbie
Activity: 45
Merit: 0
September 14, 2017, 09:16:15 PM
#38
Yes Why not be picky with ICO.

Does not everyone required to check data of any ICOs
newbie
Activity: 39
Merit: 0
September 14, 2017, 09:10:51 PM
#37
You got to be picky, I made rookie mistakes listening to others who have even wilder imaginations of potential and nothing to back it up.

So far my biggest losses in new companies have been 1) Iconomi and 2) Safe Exchange.

I can no longer dump Iconomi through Jaxx Shapeshift, so I'm sort of screwed unless I go through the entire process of getting in Binance.

Obviously, they're both brand new concepts, if I give it time, maybe they will turn around.

newbie
Activity: 38
Merit: 0
September 14, 2017, 06:49:35 PM
#36
At least I look at the quality of their website (content and design), their ANN page (content and design), if there is a team list or a good explanation why there is not, a roadmap, a whitepaper and then the idea.
newbie
Activity: 50
Merit: 0
September 14, 2017, 06:48:26 PM
#35
Yes and you should be. Far too many shitcoins out there. Look at the whitepaper, check the advisors and roadmap. What are aiming to solve / achieve, is it sustainable. Will the coin value be able to grow?

Or is it just a get-rich quick scheme. use your noggin!

Far too many ICOs are based on great sounding but highly impractical ideas. That is a bad plan. Everyone wants to be the next bitcoin - the coin all blockchainers in the world will need. Those ICOs simply can't work. Focus on a fixable problem and get 2 million adopters and you will have a strong coin.

There are only 14 million bitcoin wallets and only 1.2 million ethereum wallets: https://hankyulpark.wordpress.com/2017/03/24/how-many-people-in-the-world-own-bitcoin-or-ethereum/

We need to expand the user count.

Everyone keeps going after the same 14 million people users. The key is to find ICOs that go after new markets and increase adoption of crypto usage.
sr. member
Activity: 274
Merit: 250
September 14, 2017, 05:48:08 PM
#34
Yes and you should be. Far too many shitcoins out there. Look at the whitepaper, check the advisors and roadmap. What are aiming to solve / achieve, is it sustainable. Will the coin value be able to grow?

Or is it just a get-rich quick scheme. use your noggin!
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