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Topic: HOW BE SPOT A GOOD ICO (Read 125 times)

full member
Activity: 369
Merit: 100
Crypto and blockchain writing service
December 08, 2017, 04:06:37 PM
#2
Hi, I'll try explaining how you could spot a good ICO but before I do, I suggest you put in effort to ask your questions next time. A word alone such as you put in here shows that you either do not speak English or you're too lethargic to do the right thing.

If you keep posting like that, it'll be a matter of time before a moderator locates and flags your account as spam and that gives you a permanent ban here.

Now to your question, ICO is a difficult venture to know a good one because technically speaking, it is just a concept. What I mean is that people have ideas but have no money to implement them, so they launch ICO to sell tokens to get the money for their businesses.

The real challenge with ICO is that these people may never even have tested their ideas to know if it is workable, so putting your money in ICO most times is a risk.

However, there are few ICO that are launched by people that are already in the business or something similar. These are experienced people and you can score them 60%. This means you may make profit with their tokens, but there still are no guarantees.

What you should look out for in an ICO to know if it is worthwhile is the people behind it.
Are they competent?
Are they experienced?
Are they honest?

These are just general questions you need answers to to determine if an ICO is promising. Bear in mind that something may still go wrong with a good ICO. A mistake could give hackers opportunity to steal all that money. So just weigh your risks before investing.
newbie
Activity: 8
Merit: 0
December 08, 2017, 08:19:14 AM
#1
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