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Topic: Do you read ICOs white paper before investing? - page 5. (Read 3676 times)

full member
Activity: 364
Merit: 105
I sure do.its very prominent to read and know the investment potential
The feasibility of the project and moreover the
Strengths of the DEV team.this can go a long way
To determine weather the project will be a success
sr. member
Activity: 399
Merit: 250
Sure... most scammy ICOs can be identified by their whitepaper. If their ideas stay vague, then forget it. If they have a clear plan, give a technical insight and a product in a post alpha stage, then it's getting interesting...
Mr
sr. member
Activity: 309
Merit: 250
Yes, I think that we should read the whitepaper because reading whitepapers will give us more chance to know more about the project whether it is potential or not. Moreover, you can easily spot a scam through whitepapers. If a project is a scam, their whitepapers will not as good as other projects and they will copy whitepaper from other projects
legendary
Activity: 3346
Merit: 1134
Leading Crypto Sports Betting & Casino Platform
A higher percentage of people do that.  Grin
Just looking at the hype or how good the comments are then Voila! they will invest in it.
That is why advertising campaigns are so helpful with this. They tend to become lazy looking for more reason to invest and just lean on what other people say.
newbie
Activity: 3
Merit: 0
I was reading.

I currently found too many ICOs that I cannot read enough.

I think we need the team to read it. Sad
newbie
Activity: 47
Merit: 0
Well its your money you can do whatever you want with it.. BUT I would not only read the whitepaper which is a must if your planing on investing your money and time into an ICO, but also see the community and all social media of that ICO and do some background research on the company ecc.. especially if the initial investment is high.
hero member
Activity: 756
Merit: 500
All the project details are included in the white paper. Looking at it, you can see if the project is promising or not. You should read ICOs white papers before investing, and regularly check how project is going.
hero member
Activity: 1036
Merit: 504
I try always to read and analyze the whitepapers before investing because it is up to the Investors to make proper research and due diligence before taking the risk. All ICO I consider high risk investments as most are considered as start up enterprises. It is not wise to just look at ICOS for fast money. These must be considered real investment opportunities as well. I also look at the company team as well to see how professional they are.
sr. member
Activity: 926
Merit: 256
Reading a whitepaper is important because it contains about a project they created but I do not always believe that a white paper can confirm the price at the market. So I prefer to invest in an ico if the project they are looking for by the crowd. Because if a lot of people who buy it auto coin price will fly after ico is finished. That's a bit of my mind I hope to be accepted with
full member
Activity: 266
Merit: 114
You need to read all the information related to the project, and all that information is included in the white paper, and you need to track the project's communication channels to update the latest news from them
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
Those are not exactly valid points, as their team consists of a bunch of other people who all have relevant experience, maybe not exclusively in blockchain tech but in overall finance and development. Change offers everything TenX, Monaco, Polybius, ... offers, but also everything a bank offers, including insurance and loans.

Why would we put our cryptos in a bank? We won't. Change isn't ment to be a centralized financial entity but rather a decentralized banking network, fully supported by the network.

To say that you are a "Blockchain Expert" when you worked as an Inside Sales Rep until 1.5 months ago is an outright lie.

To say that you are a "Blockchain Developer" when you've never developed any blockchain is an exaggeration at best, or a lie at worst.

If the team is willing to lie about this, you'll never know what else they're willing to lie about.

I only spent 5 minutes to find out the above.  Here's what I found in another 2 minutes:

Change-Bank's "CTO, Blockchain Developer" was an iOS Developer at Montise Create until March 2017.  Cannot find any info on Montise Create.  How knowledgeable is this guy in managing developers, or about banking, or about cryptos?

How would Change be able to give loans, if people do not give them money (cryptos)?  Someone doesn't understand how banking works.

What problem is Change solving in insurance?



I consider myself to be a cryptocurrency expert as well, as I can answer 95% of questions people ask me about it, because I've spend the last 9 months studying hours upon hours a day, learning how to trade, read graphs, research dev teams, and so on. But, if you look at my resume, you'll see that I 'technically' have 0 experience in that area because I spent the last years working in insurance.

The company you're looking for is called Monitise Create, probably a spelling error.

I've seen multiple startups grow to multimillion companies over the course of 2 years, not because they had experienced managers but because those managers were able to learn on the spot. One of my best friends is CFO in 2 LLC's and 1 international trading company. The only experience he has is learning on the spot. I've grown my portfolio with over 700% in less than 6 months and by the end of this year I should have doubled my monthly income through trading and consulting on the side. My experience is reading on fora like this one, and spending hours upon hours studying trading and finance when other people (my clients) binge watch another netflix series. Experience doesn't prove as much as people say, your attitude is much more important.

Change will be able to give loans through the network. It'll take away some anonymity, as it'll require background checks, but I'm sure it'll be more like going short or margin trading on an exchange. I imagine it'll be like me investing 1BTC my friend loaned me and giving him back 2BTC 1 month later.

Change will solve mostly insurance problems when travelling overseas and you don't have the time to arrange insurance with a standard company. It will use the blockchain safety and speed to provide insurance a lot faster.

You missed the point.. these are NOT SUPPOSE to be "Startups" or "companies"  Roll Eyes
You are suppose to be here to help contribute to getting an open source decentralized crypto currency adopted.
Not helping shady dev's fabricate centralized fake little crypto companies for ROI's.
YOU ..are a cancer, and all the other pajeets that flooded in here.
You have the fucking nerve to call yourself a "crypto expert" ?
Wrong you are an idiot and have the same retarded idiotic mind set as all the other noobs here.

Wow for a second I wasn't taking you seriously, that is until you used that big, bold font. Both intimidating and impressive.

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these are not suppose to be startups or companies'
How old are you? Do you have any idea how business is done?

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you are suppose to be here to help contribute to getting an open source decentralized crypto currency adopted
I'm sure the crypto world would be worth 140 billion if there would be no companies involved and literally everything would be decentralized, no devs, no exchanges, everything is free for everyone lol dumbfuck

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Not helping shady dev's fabricate centralized fake little crypto companies for ROI's.
If you're talking about the devs/company, than yeah that part is centralized, but guess what, eth/btc/... every single coin you ever heard of has centralization dumbass, coins don't appear out of nowhere

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YOU ..are a cancer, and all the other pajeets that flooded in here.
You really seem angry and frustrated and I literally have no idea how my comments could have made you like this, so I'm guessing you had a pretty bad childhood. Did your uncle touch you on your weewee when you were a child?

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You have the fucking nerve to call yourself a "crypto expert" ?
Yes.



No.
You are a fucking noob and don't get it.
There SHOULDN'T be a White Paper in the first place.
The crypto-currency should be launched working..  Roll Eyes
full member
Activity: 532
Merit: 100
yes, you must read the white paper first before you going to invest, for you to be able to learn more about their project and how does the project goes. Project must have a good whitepaper to have a many investor.
sr. member
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
I prefer not to invest into ICOs, not by the sole fact of being an ICO, but because most ICO proposals that I've seen so far don't make much sense. That's also the reason why I avoid reading the whole whitepaper. But I bet that not even half of the people who put money into it read the whole thing.

To add to your concern, most ICO's are still just businessplans, without any real product or usage. That's why I invested in Change Bank, because they're already in business. THey're now working towards becoming the first decentralized crypto bank with features such as paying all around the world in an instant with your cryptos, investing, applying for loans, getting insurance, and so much more.
full member
Activity: 1134
Merit: 103
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?

If you want to know what you are investing into, then you have to read the whitepaper, road maps and know the developers involved in the project. Otherwise, you might be investing in a complete trash and you do not know it.

That is a good idea to read the white paper before investing into any project. Not only that you have to follow their ANN how the community is reacting and whether the company is able to answer the question we have to follow everything before investing into any ICO's.
full member
Activity: 210
Merit: 100
If a team is not be able to make a good whitepaper, they are not able to make a good project...So you can learn a lot from a whitepaper even if you don`t understand it
newbie
Activity: 17
Merit: 0
Always. Otherwise you are just throwing money around.
newbie
Activity: 25
Merit: 1
I prefer not to invest into ICOs, not by the sole fact of being an ICO, but because most ICO proposals that I've seen so far don't make much sense. That's also the reason why I avoid reading the whole whitepaper. But I bet that not even half of the people who put money into it read the whole thing.
full member
Activity: 700
Merit: 100
Yes, it is very important that you know every process of the ICO. You are not just investing your money. You invest your time and effort. Before invest, you have to make sure that it is worth it. You have to study if that ICO is really feasible that people will trust the product and that your investment will multiply.
full member
Activity: 644
Merit: 101
Understant a project by reading their whitepaper is very important because by understand it we can know the purpose of the project, what problem to be solved and who behind of the project. This must be because investing in ICO is risky, remember investing in high risk high return there must be analysis and money management to minimize the risk.
full member
Activity: 225
Merit: 100
Presale is live!
For me it's a must to read all about an ICO before investing in. This in not only true for ICO it's true for every kind of investment. You should know very well about at what you are putting your money in. Patince is very important here. Don't just jump in to a projcet because there is so much hype about it or it looks appealing at the first look. Take your time and analyze it deeply.
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