Do you read ICOs white paper before investing? - page 2.

finaleshot2016

legendary

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Quote from: JohnSnowSand on September 17, 2017, 02:35:57 AM

I see a lot of people that do not bother to read the paper,
I try to do max due deligence before buying any coin.

What about you?

Yes because i want to know the goal of the project and i want to know if the ICO is legit or not. I want to know the people behind the ICO to make sure if the project will be successful or not.

NathanJB

sr. member

Activity: 756

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Those who join ICOs without even reading the whitepaper which is very basic are like people aggressively going into a battle without even knowing who or what or how many their enemies are. The risk is extremely high and the probability of losing is always there close to them.

Aztek

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Activity: 423

Merit: 250

Quote from: TrueAnon on September 17, 2017, 03:26:34 AM

Reading the Whitepaper is a must. You have to understand what you're investing in and how it's going to make you any money afterwards. However the Whitepaper is not the only important thing. There are many factors at work, the composition and experience of the team, social media campaigns, the desired amount they want to raise, the supply of the token and its utility etc.
If you invest blindly because someone whom you don't know told you so, you're going to have a bad time.

If you are planning to support a specific ICO project or a campaign for altcoin you must consider reading first the whitepaper because it serves as our module information for us to know what is the project all about and how will it going to run the whole project. Hence, we could choose whether to support or not a specific ICO or even be a part of the project. We must learn first before getting to a specific thing in the world of crypto-currency.

cleygaux

sr. member

Activity: 656

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Yes of course whitepaper is one of the very important document you need to check when you want to invest in an ICO all of the questions that maybe asked by investors are included in a whitepaper roadmaps, plans, proposed solutions, coin specifications etc and one of the important thing Im looking in a whitepaper is the team involved with its real name written just for background checking this is really important.

pikatju

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Of course you will need to read. A good whitepaper is critical to a good product and it shows the effort of the team.
Powerledger has a great whitepaper. I would consider loading up on Powerledger. The ICO is running now and it is super cheap. Check it out here

helars2008

full member

Activity: 210

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Reading cryptocurrencies whitepaper is a must.
Especially when it comes to coins that has ICO's since it will involve some of your hard earned money.
Better spend some time reading and analyzing their whitepaper. It is better to be busy with right now rather than mumble in the end when it became obvious to you that youve indeed been scammed. And this is not far from happening right now since there are coins who are created to take advantage of others ignorance.

chaser15

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Quote from: JohnSnowSand on September 17, 2017, 02:35:57 AM

I see a lot of people that do not bother to read the paper,
I try to do max due deligence before buying any coin.

What about you?

Yes. My money is at risks so better read any sides of the projects.

Although whitepaper and roadmaps always have good goals obviously so that they can attract investors, the whole output of the project is still risky. Investing on ICO's is like gambling your money but with much expected good returns. I have also some things to be consider first before going out my money on any project.

SpearTackle

full member

Activity: 153

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Of course, reading their white paper is a secure way to invest in an ICO. Try not reading it, you will not know if that ICO is really worth to invest in and if it is secure to invest in. I know that you are aware of a lot of ICO scam, so reading it is the best way.

noninum

sr. member

Activity: 505

Merit: 250

I always read the whitepaper an ICOs, as i am indeed investing more on ICO coin. In addition to profits offered are so great i consider investing in ICO as do the deposit contract. From white paper i can see vision and mission of a coin.

oreits11

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EasyGoing

member

Activity: 187

Merit: 10

I guess whitepaper is unseparable part from the project so reading the whitepaper is a must to me, even i'm not expert in investment but i tried to be smart investor by understanding the whole project.

OneUserOne

newbie

Activity: 56

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As a rule, before making any investments into the ICO project, I carry out a thorough research about the ICO and its potential and benefits. Otherwise, it would be rather risky without any knowledge to invest into.

meliodas

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Quote from: JohnSnowSand on September 17, 2017, 02:35:57 AM

I see a lot of people that do not bother to read the paper,
I try to do max due deligence before buying any coin.

What about you?

I don't really like reading, so I don't read white papers. I only invest on coins where I can see potential, and I don't invest on ICOs because it is really risky. There are ICOs that are very famous but after a month or two most coins or tokens are dumped completely so it's just like a bubble. I trust coins that already existed long time ago like eth, waves, ltc, btc.

Quidat

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Quote from: MANCRYPTOS on September 20, 2017, 11:45:43 AM

Whitepapper is a face of project and if you see that there is nothing special has been written there, only facts about decentralizatioan and blockchain which everybody know already - i think you shouldn`t invest in this project. It`s better to read the technical explonation of the project, it`s economy model and facts that can prove the future if this idea.

I do always look up for their roadmap regarding on their plans on next years to come.I do always look out for long term because i do see on most ICO they are just good on their roadmap when it comes for long term but if they did already succeed and put in exchanges they are already forgetting on the set roadmap or future plans which is sad that they do end up like this.

MANCRYPTOS

sr. member

Activity: 266

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Whitepapper is a face of project and if you see that there is nothing special has been written there, only facts about decentralizatioan and blockchain which everybody know already - i think you shouldn`t invest in this project. It`s better to read the technical explonation of the project, it`s economy model and facts that can prove the future if this idea.

jzone23

full member

Activity: 194

Merit: 100

Yes. Whitepaper is the first thing I am looking at on an ICO. It seems like a business proposal and from it I got an assessment whether the project has potential or not. I think reading the whitepaper is really important and must give attention when considering an investment to any ICO.

bananadines

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Activity: 644

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Everybody should read a Whitepaper before investing money. I mean you should read more than the whitepaper, because you want to know who you trust your money! I dont invest money without reading the whitepaper, roadmap.I research the team a have a look what they made before the current project

MiBambino

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Reading the whitepaper will help you understand why prices do what they do. Lets say a key aspect of a certain coin is integration into the Chinese economy. If prices dropped after the China news, it'd be easy to understand why.

Adykingcity

sr. member

Activity: 420

Merit: 250

surely I will read the white paper before investing, do not be lazy to read and find information about ico let your investment is not in vain and you can enjoy the results of your investment, analyze and learn ico will greatly help how the success of ico.

CoinSavvy

newbie

Activity: 55

Merit: 0

Quote from: JohnSnowSand on September 17, 2017, 02:35:57 AM

I see a lot of people that do not bother to read the paper,
I try to do max due deligence before buying any coin.

What about you?

I think it's a must-do thing because every ICO has its advantages and disadvantages, and to invest in some project you need to read its white paper (one of the most important things!!!) at least in order to get the basic knowledge about it. Otherwise, it is at your own risk, and nobody but you should be reasonable about that. It's your own funds and you should be careful about that, conducting the thorough research beforehand.

Topic: Do you read ICOs white paper before investing? - page 2. (Read 3662 times)