Beginners Guide To ICO Investing | Bitcointalksearch.org

gellany32

newbie

Activity: 26

Merit: 0

Quote from: jennacall on June 24, 2018, 12:47:14 PM

Which is the best ICO to invest for beginner?

I thought therr were technical discussions here regarding with how to invest in ICO projects which i do not really know also maybe there are some comments here that could really be helpful when it comes to ICO investments.

Waradlain

copper member

Activity: 150

Merit: 30

Being a beginner it's better not to invest or trade at all. First you need to understand how it all works otherwise you will just lose your money.

many_merit

copper member

Activity: 394

Merit: 1

There are now too many ICOs out there, and most of them do not even fill half the amount.
I think it is dangerous to invest in ICO as a beginner now.

kwasijmanu

brand new

Activity: 0

Merit: 0

Read the whitepaper of the project very well and know the track record of the developers or the team.This is usually helpful in determining the intentions of the project.

qualitywork

member

Activity: 280

Merit: 12

Quote from: ?? on ??

New ICO project websites you can find out
https://www.coinschedule.com
https://www.cryptocompare.com
http://www.cryptosmile.com
https://www.ico-list.com
https://icorating.com

Thank you for the useful information.

CoinPoint

copper member

Activity: 47

Merit: 0

Quote from: cuong1610 on September 11, 2018, 10:29:18 AM

Quote from: jennacall on June 24, 2018, 12:47:14 PM

Which is the best ICO to invest for beginner?

These are the things you can self evaluate the ICO. You will need time to learn about these. Good luck.

+ Business Idea - Business Idea
+ Team & Advisor: Structure & Experience - The structure and experience of the DEV team
+ Prototype
+ Roadmap - A roadmap for project development
+ Token Utility: How to use, supply & demand
+Community & Strategic Partners - Community and Strategic Partners

Unfortunately, there is no such thing as "Best ICO to invest in as a beginner". You have to do a bit of a research and due diligence in order to come to conclusion which is the best. You can do that by employing the following key steps:

1. Create MyEthWallet
2. Deposit some funds
3. Do your ICO due diligence
3.1. Assess WP
3.2. Check reviews and listings
3.3. Find out if Idea & Solution are well-established
3.4. Verify that the website is ok
3.5. Check Token distribution, promos & discounts
4. ICO Stages (Private sale, pre-sale, crowdsale) - understand in which phase the ICO is currently in and understand the differences
5. KYC
6. Registration and purchase directly via their website
7. HODL or Trade

Let me be honest with you. If you are really searching for a quality material on how to invest, and what type of ICOs to choose, then go to https://www.coinpoint.net/icoguides/smart-investing-in-ico/ and subscribe to get the full Guide on how to do so!

TBboys

member

Activity: 126

Merit: 15

Fast, Smart, Trustworthy

Quote from: thecoinisseur on September 12, 2018, 06:33:34 AM

You may find some useful insights here: http://www.coinisseur.com/what-to-look-for-in-an-ico/

In short, you should remember a couple of things. Firstly, whitepapers are not legal documents (more of a mission statement). Secondly, when it comes to the team and communication channels, it’s quality over quantity. Thirdly, be aware of these red flags: lack of relevant document (or insufficient information therein), inexperienced team, overall lack of transparency, discretionary monetary policy (supply in the hands of issuers), marketing over code

This is true, but most of the projects today are like this.
For novices, don't blindly invest in ICO, especially in today's bear market, more than 90% of ICO will fail.I have seen too many gorgeous ICOs in packaging, and finally proved to be scams, no refunds, no transactions, only losses.
My advice is to not invest in any ICO for the time being.

thecoinisseur

newbie

Activity: 6

Merit: 0

You may find some useful insights here: http://www.coinisseur.com/what-to-look-for-in-an-ico/

In short, you should remember a couple of things. Firstly, whitepapers are not legal documents (more of a mission statement). Secondly, when it comes to the team and communication channels, it’s quality over quantity. Thirdly, be aware of these red flags: lack of relevant document (or insufficient information therein), inexperienced team, overall lack of transparency, discretionary monetary policy (supply in the hands of issuers), marketing over code

adding715

newbie

Activity: 26

Merit: 0

In most cases it is used to scam new investor because they are following hype projects , we must practice ourselves to do our own research for every project we want to participate !

cuong1610

newbie

Activity: 364

Merit: 0

Quote from: jennacall on June 24, 2018, 12:47:14 PM

Which is the best ICO to invest for beginner?

These are the things you can self evaluate the ICO. You will need time to learn about these. Good luck.

+ Business Idea - Business Idea
+ Team & Advisor: Structure & Experience - The structure and experience of the DEV team
+ Prototype
+ Roadmap - A roadmap for project development
+ Token Utility: How to use, supply & demand
+Community & Strategic Partners - Community and Strategic Partners

rinimalo

newbie

Activity: 84

Merit: 0

I think beginners should stay away from the ICO project. If you are very interested in investing, then you can try to find a project from the bounty activity, which will be very helpful for you!

Gaselemeg

jr. member

Activity: 140

Merit: 1

I don't understand people who ask strangers where they should invest their money.
You must choose a project yourself or really trust a person who advises you.

islakevin

member

Activity: 252

Merit: 12

First always research to the ico you wanna invest and dyor. always invest what you afford to lose.

souleater1494

newbie

Activity: 24

Merit: 0

There are plenty of review sites to find ICO Projects but most of the time they are paid for good reviews so much better to do quality research much better that they are already established and will adopt blockchain to further their development

Jundax

newbie

Activity: 70

Merit: 0

Quote from: joulion86 on June 26, 2018, 03:39:11 AM

So be very careful about it and always expect the worst when you deal with ICOs.

Double this smart senior.
There is always the possibility that even the most promising project will turn into a pumpkin. You should be prepared for this and don't invest family's last pennies.

RichieLuck

newbie

Activity: 22

Merit: 0

I can recomend Ian Balina,he is relly expert for investing ib ICO's , you can find his google sheet,to see the best opportunities . But study it too,don't be lazy ,do your own research as well. good luck

Alluro

member

Activity: 742

Merit: 19

ICOs are very risky at this moment with the market condition and there are too many scam ICOs. If you are a beginner learn and study more about ICO projects. It's better for you before invest your money.

mnmarket_org

copper member

Activity: 18

Merit: 0

MnMarket.org - Masternodes stats

for a beginner, it's probably best to look for an ico pool where more experienced investors have already selected the project and conducted an analysis + no need to pass kyc

Kgdktac

member

Activity: 322

Merit: 10

Before any ICO investment, it is best for one to do a thorough research about the project running the ICO, to know how legit the project or company is, to know if the research would yield profit in order have loss in the investment at long run

maucial

newbie

Activity: 112

Merit: 0

Quote from: jennacall on June 24, 2018, 12:47:14 PM

Which is the best ICO to invest for beginner?

Have a look to the appropriate section of the forum:

https://bitcointalk.org/index.php?board=238.0

and then make your judgment based on your own research.

There are many interesting projects to check out and others not, so it's important to choose wisely.

Looking at the project as a whole and looking at the team behind it, is very important to make a correct decision.

If I can give you guys my opinion, I discovered an exciting ICO that is very interesting: RAWG.

Check out this new article where RAWG is mentioned as the "IMDB of gaming" on FORBES, one of the leading global media company, focused on business, investing, technology, entrepreneurship, and leadership.

https://www.forbes.com/sites/andrewrossow/2018/07/16/3-reasons-the-video-game-industry-is-bound-for-blockchain/#69da81c87810

The ICO will start in a short period and they are at the moment in pre-ICO phase. This is the ICO site: https://token.rawg.io/. It's a video game discovery platform that converts your skills into goods and services (the site is already working, with more than 57,000 games in the database) and, which is very interesting, they have already reached the soft cap.

Have a look and get some information while doing your own research!

Another interesting point: RAWG has already secured $5m USD, halfway to hard cap of $10m!

biggNY

jr. member

Activity: 126

Merit: 2

hello jenna

it is very hard to say which one is the best ico to invest for beginner, everyone should decide for themselves. you definitely need to do your due dilligence, i wrote article on steemit about how i do my ico research. you can find it here https://steemit.com/cryptocurrency/@topicopicks/ico-research-the-way-i-do-it

on top of that, I would like to note, that some other factors become more and more importat (especially in this market): hype and ico niche. as an example, i would use project called OneLedger, that had nice hype levels, but pretty much everybody who passed kyc was given allocation. and just yesterday or the day before, on the day when it was launched on exchanges its price went down 20% below ico price. on the other hand projects that are way oversubscribed and not everybody can get allocation are performing better than that.

but please dont take this as advice, just my 2 satoshis. you will need to find your own way of factors you will want to have (in projects that you participate in)

avivsun

jr. member

Activity: 58

Merit: 1

Hi

This is really really complicated and unregulated business, strongly recommend to invest much time learning before even considering investing.

The first thing you need to check is to make sure they are not a SCAM.

My 6 Steps=>

1) Check the credentials of ICO team members
2) Read the ICO whitepaper carefully
3) Is there a meaningful ICO project plan?
4) How to spot ICO scams by checking token distribution or token-sale modalities:
5) Use the crypto community: just like here in Bitcointalk (make sure the person behind is not a marketing affiliate)
6) Consult for useful resources, there are plenty of great sources to learn from, 1 example is my attached detailed guide to spot a scam.

https://101blockchains.com/how-to-spot-ico-scams/

Hope you find it useful

Aviv

jseverson

hero member

Activity: 1834

Merit: 759

As a newbie, you don't invest in any. You learn how they work, and you don't follow people who tell you to invest in that or in this. There are no safe options as far as ICOs go.

joulion86

member

Activity: 109

Merit: 53

I would recommend you to always think that every ICO wants to scam you out of your money. Believe it from deep down your heart. And then, inform yourself about everything they do and see if they can really turn around your belief, that they only want to scam you out of your money. If they have a very credible idea that can turn the world around, a credible team with smart people on it, they can still take your money and run away with it. So be very careful about it and always expect the worst when you deal with ICOs.

0Shendy0

newbie

Activity: 28

Merit: 0

I would recommend to pay attention to these factors: they must have a good Whitepaper, read it scrupulously, cause some ICO just steal somebody's else Whitepaper and just change the name of the project. They must have MVP on their website, cause lots of projects like to write how cool they are, but don't have anything except these pompous words. Their employees should have profiles on Linkedin, for example, cause scammers are afraid of revealing their personality and often they whether don't have any profiles of steal somebody's photos. Check their groups on the different social networks, they should be active and not filled with bots and fakes. Check their profile on GitHub. I would recommend you to pay your attention to Cryptics - forecasting platform which does use 100% AI. Their project does satisfy with all these requirements.

XinXan

hero member

Activity: 1064

Merit: 505

Use google, you can find plenty of guides to invest in ICO's there. People aren't going to help you much here, most of them don't know what they are talking about. A good tip that I can give you is to look for ICO's that have products or at least prototypes ready.

jennacall

newbie

Activity: 24

Merit: 0

Which is the best ICO to invest for beginner?

Topic: Beginners Guide To ICO Investing (Read 412 times)