Topic: Do you read ICOs white paper before investing? - page 8. (Read 3662 times)
Some WP not worth the time. Who like to read copy of one from many? But sometimes WP is an excellent book. Decor, content, idea, development - all makes us wonder. But it's so unique!
You sure you read them what i would suggest you is take any 2 ico and compare their whitepaper line by line you will start noticing the amount of similarities in them they are just changing the sentences to make it look more legit.
of course, when it comes to money, every business I do in bitcoin must be careful, let alone to join and invest in ico should be careful, because there are so many scams in the ico.
Let's say i tell my business plan and assure that it will get listed on major exchanges in my whitepaper if i don't do what will you do payments sent to an ico is irreversible 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 try to do max due deligence before buying any coin.
What about you?
I am pretty conservative when it comes to ICOs and feel 99% of them are little more than outright scams. Sure they make short-term money due to speculation, but so do Ponzi schemes which most of these ICOs basically are.
For the couple of ICOs that I do think might be legit and I have invested in, yes I not only read the whitepaper but take time to research the team or company as much as possible. Do they actually have a marketable idea or plan that has value? Does this idea or plan benefit or is hurt by making an ICO? Is the ICO capped and are the funds they are asking for in-line with the project? Questions like these I ask myself before jumping in and risking my money.
Once I do decide to buy into an ICO, I also am in no hurry to cash out and look at any investments as just that a long term investment in a great company or idea. Too many people simply buy in to cash out the second it hits an exchange for a little profit. While I do take advantage of any very profitable opportunities, say the value goes up 10x I will cash out my initial investment and let the rest ride, I still am in it for the long haul and not just the 2-3 months. If an idea is really viable and sound, there is no reason it cannot return 100x over time.
To answer your question OP, yes I do read the whitepaper whenever I take interest in an ICO. I think that its important, along with checking out its other elements. I check on the feasibility of the project and its purpose because these are key determinants of the project's success.
With the numerous ICOs out there, it really is hard to identify and fish out which are the ones that are scams. Most may have impressive looking teams and websites when in reality, they're just scams fishing out for investors. It's important to research thoroughly before putting your money in anything, so as to avoid losing it. The risk is high and every investor should put some thought on where they put their money.
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?
Why waste time reading vaporscam papers? Just dump first... I try to do max due deligence before buying any coin.
What about you?
yes off course before investing I think its compulsory and necessary thing for every investor who wants to invest this ICO because all details are mentions in the white paper.
I never read a white paper in my life.
I am not an "investor" either.
Nor have i ever owned an "ICO" coin (which is not a crypto currency)
They are scheme "coins" for profit.
ICO = SCAM
..all of them.
WHY ? Because of HOW THEY WORK !
I am a crypto currency supporter.. not a shithead Investard profiteer looking for scammy schemes to profit from.
I am not an "investor" either.
Nor have i ever owned an "ICO" coin (which is not a crypto currency)
They are scheme "coins" for profit.
ICO = SCAM
..all of them.
WHY ? Because of HOW THEY WORK !
I am a crypto currency supporter.. not a shithead Investard profiteer looking for scammy schemes to profit from.
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 try to do max due deligence before buying any coin.
What about you?
I read sometimes but it was a kinda boring. I often read reviews on the project and watch youtube videos to know if their project is good. sometimes on the community itself and on the team behind the project.
Heh heh. I don't do a lot (read: NONE) of altcoin investing, and I've never read any whitepapers. Not even for bitcoin. So I profess complete ignorance about all technical details of cryptocurrency. I've got very little background in computer science--I never even took a CS class in college, and I know nothing about cryptography and the math behind it. Reading whitepapers would be an exercise in futility for me. I wouldn't even know where to locate one.
The thing about trading is that you don't need any of that, just like you don't need to know all the details of a company whose stock you're trading in. It's nice to know those things, but it's unnecessary for trading. Especially in the shitcoin market where nobody else reads that stuff either. It's pure trading. I'd like to see the whitepaper on bitcoin just as a novelty, but the other coins? Hell no.
The thing about trading is that you don't need any of that, just like you don't need to know all the details of a company whose stock you're trading in. It's nice to know those things, but it's unnecessary for trading. Especially in the shitcoin market where nobody else reads that stuff either. It's pure trading. I'd like to see the whitepaper on bitcoin just as a novelty, but the other coins? Hell no.
I dont really invest in ICOs unless i really like them
But I do due diligence with any large investments
Recently sold all my MotherShip coins, my research said it was good but the coin kept going down with lots of sell pressure and sell walls making it seem like a P n D
But I do due diligence with any large investments
Recently sold all my MotherShip coins, my research said it was good but the coin kept going down with lots of sell pressure and sell walls making it seem like a P n D
Reading the whitepaper is a pretty important step when it comes to picking the right ICO. You don't have to read every word or anything but you should at least have a decent idea of what you're investing in. Also, when researching ICOs don't neglect to research the team as well. A project can have a good whitepaper but if the team doesn't have the required experienced I'd stay far away.
whitepaper is good for taking a close look to project but i think whitepaper can be made false.it is better to check team and advisory board and the most important escrow contract.popularity among investor is also a key point for any project to be successful and also look for its exchange preference.
I always afraid that the whitepaper will have a malware since its a PDF file 
but yea i do
but yea i do
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 try to do max due deligence before buying any coin.
What about you?
In certain scenario, yes i would read it
But the current project infographics are just kinda clear, people only refer to token distribution, team member for the whitepaper
Absolutely. If you invest your money into something it's best you do your own due diligence. You will need to read the white paper, research the team and advisory board, and join a community. By following the hype you are investing blindly and will increase your risk further.
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 try to do max due deligence before buying any coin.
What about you?
What you are doing is right. Lazy people who invest in ICOs without doing due diligence are usually the ones who will end up complaining and whining about ICOs being scam. ICOs are not scams. There are scam projects that are using ICOs but not ICOs themselves. Reading whitepaper is really one necessary part of due diligence.
To be honest, I don't read it if it's too extensive 
. What I do always read is the ANN thread, it's amazing how much information about the project devs can pack up in a single post.
ann is good and already describe big part about the project. maybe that is why some people not read whitepaper because it is contain same thing with ANN thread . What I do always read is the ANN thread, it's amazing how much information about the project devs can pack up in a single post.
To be honest, I don't read it if it's too extensive . What I do always read is the ANN thread, it's amazing how much information about the project devs can pack up in a single post.
. What I do always read is the ANN thread, it's amazing how much information about the project devs can pack up in a single post.
Well, i have to admit that i am not reading
but after reading the posts of the people here
looks like i have to read it
well until now i did a good researches without reading the white papers and its kinda ok
but after reading the posts of the people here
looks like i have to read it
well until now i did a good researches without reading the white papers and its kinda ok
I only read whitepapers when they got my interest, this way I could understand more of their project and that's the time I invest and show my support to the project.
When their is ICO and I have to invest I always read the white paper so I could understand the project. And their goal to develop the project. It is necessarry to read the white paper because you have to invest and if the project is good. 
Most of the times you just need to take a quick look at the OP to find out that it is a scam. However, on rare occasions, the project has great potential, though it is something very difficult that they are trying to do.
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