Topic: Are you picky with ICOs? - page 21. (Read 13478 times)

As a matter of fact I don't invest in Icos anymore rather I like to buy them when they hit the exchange.

Yes of course I am picky with initial coin offering icos. Before I participate in any initial coin offering icos be it either investing of bounties I do a good research on the project I go through their white paper then if I am satisfied i join

Yeah and if you're not picky with icos, mote likely that not you'll end up as victim and would likely lose money due to scams. You have to be extra picky and meticulate when studying icos because a lot of there are far from what they seem to be.

Definitely we should be.  Instead of wasting time and money for garbage ICOs before joining any ICO we should study about it.  Research needs to be done.  Otherwise it will be just a waste of time and energy.

First check the team ; project; motive of the ICO it's objectives.  If everything is strong only then we should join it.

If you are not picky about the ICO, you risk losing all your money. At the moment most of the ICO scammers. So it was in all markets at the beginning of their formation. While there is no regulation and people are not versed in this topic, scammers enjoy. So far, I prefer not to invest in ICO, because when entering the exchange, the value of coins is almost always lower than the one for which I bought.

Agreed, that are some strategy to those scam ICO. They can be popular in the public or have a nice road map, whitepaper. But in the end it all a scam. We better aware now and be picky to choose an ICO to avoid getting scam.

Thoroughness in the selection of normal projects is today probably the most important topic that today disturbs our hearts, because carefulness in the analysis of projects will save your deposit. It's true.

I think that every trader must be choosy because otherwise you may risk your money, waste time and not get anything, This is not the future I would like to see, to my mind, it is much better to trade

I do detailed analysis before ico investing. because there is too much fraud or useless ico. Some will be worthless. If you can not find the right ico you lose money.

Of course we should be picky with ICO we are participating with or investing too. In doing this business, we should choose the best for our own benefit.

When people pick ICOs they do their research but typically it's only basic like Team/Whitepaper/Roadmap, etc. But this tells you nothing about the probability that investors see a need for this project and likely will invest. It takes a lot more time and effort, but it can help you to loose a lot of money: Look exactly at the category of product and if the project is a first mover or copycat. Last year we saw many unique project, 2018 is the year of copycats...how many projects that were just crypto credit cards? MoxyOne did not even get the soft cap as there were plenty of alternatives around. Or look at Bridge, an Identity Solution. It was also just a copycat. It started with Selfkey, then shortly after we saw TheKey and months later Bridge comes out doing the same, with slight improvements.

Look instead for authentic projects and the usecase. Is it just relevant for the crypto community, example would be another crypto credit card, identity solution or exchange (they also popped up like Mushrooms this year)...or is the project relevant for other industries, in that case, is it just one industry, could it be interesting for several industries. A good example is Ontology, they help businesses to integrate their business processes into the blockchain. There is a real need for this, just read articles on cointelegraph, so many companies wrap their head around that, and here is the solution. And there are plenty of other good opportunities.

thats right . nowadays a lot of ico's as mainly consist of scams and fake projects , thats why we should always do a deep research in regards to their project . its better to be picky but you are  safe than choosing randomly with full of risk . i know , many people are too lazy to scan the details of their chosen ico , thats why they keep on blaming the ico but they should have blame their self because they are too careless enough to fall from these kind of traps .

I am more than picky. I have only joined a handful of them. Those that I think are really trustworthy and the pre-ICO is a very easy sell. and nowdays thousand icos coming every month and mostly scam so you should be picky by their use case, team and read whitepaper

We have to pick an ICO that has a manager that is trusted and paying legitly to the participants. Also we have to pick an ICO that has great potential and has a good objective that the project will be successful, ICO with great concept is also a good sign that we should join.

of course I am a voter, in all investments we must be voters. otherwise we will fail in investment, let alone invest in Ico.. 

There was a time when all ICO are profitable but not anymore, scammers have turned ICO into a nightmare, so many scam project and bogus developers now, that every investors and bounty hunters is going to lose in the end if he is not that picky when it comes to investing and promoting ICO now.

We should choose wisely and it should be a promising ICO with their project plans, you should also pick ICO that has a potential and active in plans, has a vission and the manager should be also trusted. It is so sad to be unpaid by the unsuccessful ICO projects, and i know how it feels to be unpaid aince i also experienced it.

Great question))) No, I just open a website with projects, choose a project at random and invest all my money. It's roulette.  

Yeah, of course, we have to choose Project ICO for future investments, and my Project ICO selection strategy can't comment too much, because I'm new to this forum

Agreed. You need a lot of knowledge to avoid scams and be strongly involved in the cryptocurrency, to know about each step, each person in the cryptocurrency.