Topic: How do you choose a good project and avoid fraud projects? I need your advice (Read 443 times)
May 06, 2020, 03:09:01 AM
A very strange question, if everyone knew which project was exactly a scam, you think Bitcoin would allow them to create a branch and launch generosity. With cryptocurrency, everything is very complicated, so there are no rules on how to select it. Look at the project, product, team, everything is important.
May 06, 2020, 02:17:12 AM
If you think you can choose a good project from fraudulent projects you are damn wrong, unless you go for old coins, things are difference today as many devs and team are not serious like the old projects team, they want only money and after few months their project become useless
May 06, 2020, 02:11:32 AM
When choosing a good ICO project, I first look for a good ICO ranking. Then I analyze the solution proposed by the project to solve an existing problem and also focus my attention on the project team. The project team is a very important aspect, in this period where there are many crooks who just want to get some undeserved money. Even the rewards manager is important to be known.
May 05, 2020, 07:53:50 PM
Choosing the project to invest in and the bounty to participate, although might be close but are two different things. As an investor, you might need to look at the team, which is also common to bounty hunters, the use case of the project and how the developments have been steady. However, a bounty hunter looks at that, but also tries to put lots of things into consideration such as:
- the bounty pool out of te total supply
- the manager
- when the rewards will be distributed
- the organization of the bounty
- scam free and of good reputation.
and any others.
- the bounty pool out of te total supply
- the manager
- when the rewards will be distributed
- the organization of the bounty
- scam free and of good reputation.
and any others.
May 05, 2020, 07:32:10 PM
the way I choose is not too special, I just follow other people, if the campaign has a large number of enthusiasts then I'm sure it's a legit project, I am not lazy to do my own research but I am tired of doing my own research and in fact, the project that I believe is not as expected
get a project that is paid for now like playing gambling, it's a matter of luck
get a project that is paid for now like playing gambling, it's a matter of luck
May 05, 2020, 07:29:06 PM
before joining any project you need to research first about the background of the team & developer, the project work map and what products they offer to investors etc. it's important you don't be easily tempted by bounties that offer high rewards then easy requirements. stay alert about that.
If you find the bounty manager as a reputable one and has managed already sucessful projects, then there are high chances that this project is legit. Make a background check also with the staff of the project if they are really existing and had created significant histories in the past. Too many factors to be consider but most of them can already be fooled and copied. 
May 05, 2020, 07:04:15 PM
most prizes and ICOs are just scams, so how do you choose the prizes you will participate in?
~
We know that trends in cryptocurrency are always changing, and so are bounty campaigns. This year, I focus on joining signature campaigns that give BTC rewards, mostly weekly payments. This is the only thing worth it now. Of course, a trusted bounty manager is also a consideration. To be able to join in a campaign like this, it must really meet the requirements specified by the bounty manager, because it is rare, the selection is quite strict, while many register. ~
May 01, 2020, 05:09:55 PM
to be able to choose a good project then you have to be able to see the team of the project first and have to be able to see what they are developing and make sure what is developed can be one solution that can be used by many people, only with these two methods I feel is enough to find out whether the project has potential or not.
May 01, 2020, 04:45:50 PM
It's not a gift, it's bounty campaign! Bounty campaign is not a free job, it takes hard work. I see this is your first post in this forum, I would request you at least learn some basic things about the crypto market and about this forum rules! Read pinned topics from the Beginner & Help section!
Well, when I pick a project to support that, I look at their professionalism. It means their website interface, technical things, partners, media coverage, active community (not bots), unique vision, and of course their offering products. If everything looks okay, then I select that project to invest my money and time.
Well, when I pick a project to support that, I look at their professionalism. It means their website interface, technical things, partners, media coverage, active community (not bots), unique vision, and of course their offering products. If everything looks okay, then I select that project to invest my money and time.
May 01, 2020, 04:24:32 PM
To me no matter what you are told on here, what will be will be, you can't read the team mind and soul, no one can, they can offer you all the good vital points of good projects and still exit scam on you one day, they only things one can hold unto are research and luck
A strong team does have a high chance of dedication and they are unlikely to quit the project and do an exit scam.But if the team is composed of unknown staffs, advisors and other components, there's a high chance that they will leave it later on.
May 01, 2020, 01:52:34 PM
1. Yes Well-known manager, I mean at least a well-known manager already has broad insight or a good reputation in managing previous projects. but I'm not saying this is a guarantee for you before joining this project.
2. As above, a positive rating on the ICO project is also not a guarantee that the project is feasible. it's just that you can make this a reference.
3. Yes, of course, read in detail about the work map, the background of the team & developers, project partners or investors, what products they offer to the market and also the project funds that have been collected.
2. As above, a positive rating on the ICO project is also not a guarantee that the project is feasible. it's just that you can make this a reference.
3. Yes, of course, read in detail about the work map, the background of the team & developers, project partners or investors, what products they offer to the market and also the project funds that have been collected.
May 01, 2020, 02:46:21 AM
To me no matter what you are told on here, what will be will be, you can't read the team mind and soul, no one can, they can offer you all the good vital points of good projects and still exit scam on you one day, they only things one can hold unto are research and luck
May 01, 2020, 02:43:15 AM
in my opinion, only choose projects that have real products because those who offer something big are mostly scams like projects that offer a 10% dividend are certainly scams, remember don't be interested because of bids but look at the product, team and project goals
May 01, 2020, 02:37:02 AM
High ICO rating now is not a guarantee because they (scam project) can buy ratings to fool investors, I didn't read the explanation in the whitepaper, I only read the important points
May 01, 2020, 01:57:54 AM
If you invest in new projects, or participate in their bounty. I think you need to take the risk because no one can tell if the project is scam or not. Scammer is now very smart and they do everything they can to attract investors
This is why you need to know the characteristic of every projects. I don't think the scammer is smart because there will have a hole if we know the characteristic of the project. And this forum have some guidelines to know the characteristif of every project, you can learn them and try to analyst every project that you see on bounties section. 
May 01, 2020, 01:47:09 AM
This has been discussed several times in the forum and as a newbie don't you think you were supposed to take a stroll around the forum.
The basic principles to choose a good project and avoid fraud projects is just one; which is do your own research.
Before you do your own research, there are questions that you need to answer which will guide your knowledge about crypto currency.
1. What is your example of a good project?
2. What do you expect from a project before you term it as a good project ?
3. What features do you search in a project when doing your research?
4. Do you need the team details before project validation ?
5. Why are you investing ?
6. What is a fraud project?
7. What features do you expect in a fraudulent project?
Answer the above questions honestly, do your own research and you will get it right.
This is great and very interesting post and very informative to us beginners. I think that I will learn something from the people that will post here in this forum and I am right because I am learning now how to do cryptocurrency. I think that the first thing a beginner should do to avoid frauds and scams it to do a research first on what they want to do and how they will do it. I suggest that they should do a insight that will help them to structure the plan that they will do and create a solid plan that will earn him money. I think that you should ask yourselves for questions and answer it by the answers that they want to achieve. I think that they should create a framework too that can help them to know their plans. The basic principles to choose a good project and avoid fraud projects is just one; which is do your own research.
Before you do your own research, there are questions that you need to answer which will guide your knowledge about crypto currency.
1. What is your example of a good project?
2. What do you expect from a project before you term it as a good project ?
3. What features do you search in a project when doing your research?
4. Do you need the team details before project validation ?
5. Why are you investing ?
6. What is a fraud project?
7. What features do you expect in a fraudulent project?
Answer the above questions honestly, do your own research and you will get it right.
May 01, 2020, 01:36:37 AM
most prizes and ICOs are just scams, so how do you choose the prizes you will participate in?
Did you join the gift because it was handled by a famous gift manager,
Or just because it has a high level in several ICO rankings,
Or do you really read their white paper and spend time looking for a good project.
Hopefully you can help other hunters by sharing how to choose a good project not only for prizes but also for investment.
There is no 100% way to avoid scam projects most especially if you are a bounty hunter, not even your research can safe you here but research do help, it's the only thing we have as a bounty hunter, the rest is based on luck, bounties are now gambling Did you join the gift because it was handled by a famous gift manager,
Or just because it has a high level in several ICO rankings,
Or do you really read their white paper and spend time looking for a good project.
Hopefully you can help other hunters by sharing how to choose a good project not only for prizes but also for investment.
May 01, 2020, 12:51:38 AM
most prizes and ICOs are just scams, so how do you choose the prizes you will participate in?
Did you join the gift because it was handled by a famous gift manager,
Or just because it has a high level in several ICO rankings,
Or do you really read their white paper and spend time looking for a good project.
Hopefully you can help other hunters by sharing how to choose a good project not only for prizes but also for investment.
For you to be able to avoid these scammers, first of all you will have to know the common type of scams that you will see in the cryptocurrency space, although that doesn’t mean the scammers won’t try different approach in the future.Did you join the gift because it was handled by a famous gift manager,
Or just because it has a high level in several ICO rankings,
Or do you really read their white paper and spend time looking for a good project.
Hopefully you can help other hunters by sharing how to choose a good project not only for prizes but also for investment.
The first regular type of scam you will be seeing in the cryptocurrency space is the imposter websites. Almost every big cryptocurrency site you know, if not all, has scammers that are pretending to be the original. To avoid problems like this, you have to make sure that link you’re visiting has 'https' on it, if not, then you will have to think twice about it.
Another type of scam is the fake mobile apps, this one is similar to that of imposter websites. The next one is the social media scammers; there are many of them on social media and you will see them making some cool offers that you might not be able to resist, but you have to think twice before accepting any offer. Lastly there are email scams; I believe you know about this one , so there is no need going further in it.
April 30, 2020, 04:44:03 PM
If you invest in new projects, or participate in their bounty. I think you need to take the risk because no one can tell if the project is scam or not. Scammer is now very smart and they do everything they can to attract investors
April 30, 2020, 04:43:34 PM
I always research more time before joining bounty project. I check their website, how advanced is it. Check their social media Follower, how many investors, team member and Partnership. it is very important for any project.
April 30, 2020, 04:40:11 PM
The risk is always there, i have joined some icos in the past that even after 2 to 3 years time are not performing, their project is still under development and token value is way below ico levels like 90 percent below them which is very discouraging, i will still not call them scam but few more months without product we can definitely call them dead projects.
April 30, 2020, 04:36:54 PM
very difficult to determine a good project or scam because they have in common, but if I personally determine the project seen from the team and partners in the project
April 30, 2020, 04:03:03 PM
for me personally before joining the bounty project, the first thing I did was of course researching about the project, starting from the white paper, the background of the team & developers in managing the previous project, etc. It is important for anyone, including the Bounty Hunter and project investors to be more conscientious before joining any project and not to rely on ICO ratings, because scamers are always around us.
Does it make you spend a lot of time? For me, I don't need to check too many projects. Just look for the projects listed at the exchanges, they are definitely the best projects here and we will definitely get money from them. April 30, 2020, 03:55:10 PM
The most important clear whitepaper for a project so when you want choose a project for your investing then must be read whitepaper.
Another ONE, you should be check project partnership because it's the larger sales support.
Another TWO, go team profile and check experience because skills might be help new technology for a project.
Another some note: a good Project roadmap always be clear and promising with team give him support everyone investors.
Another ONE, you should be check project partnership because it's the larger sales support.
Another TWO, go team profile and check experience because skills might be help new technology for a project.
Another some note: a good Project roadmap always be clear and promising with team give him support everyone investors.
April 30, 2020, 03:43:21 PM
for me personally before joining the bounty project, the first thing I did was of course researching about the project, starting from the white paper, the background of the team & developers in managing the previous project, etc. It is important for anyone, including the Bounty Hunter and project investors to be more conscientious before joining any project and not to rely on ICO ratings, because scamers are always around us.
April 30, 2020, 02:48:10 PM
before joining the gift of course you need to do some research about the project you want to participate in, especially the experience of the developer, the community in it and also what products they offer to the market. I think every prize hunter or project investor will do the same before taking part in it.
April 30, 2020, 12:50:23 PM
It's all about doing good background research to ensure that the project has a use case that is going to solve a problem in this industry or the real-world. That way you are assured of market demand for the coin if you invest in it. Take a look at the team behind the project and their seriousness too. Every good team provided updates on the development of a project and not the ones that keep you in silence for several months before saying anything.
April 30, 2020, 12:49:16 PM
most prizes and ICOs are just scams, so how do you choose the prizes you will participate in?
Did you join the gift because it was handled by a famous gift manager,
Or just because it has a high level in several ICO rankings,
Or do you really read their white paper and spend time looking for a good project.
Hopefully you can help other hunters by sharing how to choose a good project not only for prizes but also for investment.
There are so many scam projects are caught using fake whitepaper, or copy-paste whitepaper, the whitepaper is very important it has all details about the platform and the team composition sometimes included, but there are many factors like the team experience, and how they promote the project to investors is also important.Did you join the gift because it was handled by a famous gift manager,
Or just because it has a high level in several ICO rankings,
Or do you really read their white paper and spend time looking for a good project.
Hopefully you can help other hunters by sharing how to choose a good project not only for prizes but also for investment.
I certainly agree with you. I have encountered different scam projects with fake whitepaper before and it's even hard for some managers to determine if they're handling a legit project sometimes. We only have to be skeptical and do a series of observations and investigations before we join a certain project. Choose a trusted team and a reputable manager so we'll never have regrets in the future. No one deserves to be scammed and it's a good thing that some of us here are spreading awareness on how to get rid of scam projects.
April 30, 2020, 12:33:07 PM
most prizes and ICOs are just scams, so how do you choose the prizes you will participate in?
Did you join the gift because it was handled by a famous gift manager,
Or just because it has a high level in several ICO rankings,
Or do you really read their white paper and spend time looking for a good project.
Hopefully you can help other hunters by sharing how to choose a good project not only for prizes but also for investment.
Did you join the gift because it was handled by a famous gift manager,
Or just because it has a high level in several ICO rankings,
Or do you really read their white paper and spend time looking for a good project.
Hopefully you can help other hunters by sharing how to choose a good project not only for prizes but also for investment.
None of the listed above is my preference when it comes to selecting the project to participate in. Although they might serve as points of attraction, they are not enough to make a conclusion
Reading whitepapers is very good. In fact, it gives you insight into the project and makes you be aware of some things that might need more clarity.
Yes, I mentioned the word clarity.
After reading all that is needed to be read, the next thing to do is to go to the project owners and ask them questions. If they are able to provide answers to my questions and the questions asked by others satisfactorily, even though they call their project scam, then I might be satisfied.
A lot of project owners sometimes try to dodge some technical questions, which in my opinion is very important.
April 30, 2020, 12:05:31 PM
The first dont forget to check their team legitimately, they should not hiding with someone else because once they use fake team it means they are untrustworthy at all. Second is, check all documents they had, the roadmap and the whitepaper should have clarification of their motive and then the partnership they had. Much better also if you are participating in their community group so that you will know every update or how active they are.
April 30, 2020, 11:56:00 AM
Please consider the reputation of the project as your first guidance to determine how good the project is. The manager doesn't matter a lot because there was a lot of trusted managers were also being scammed by the scam project that didn't pay them all. Just put the reputation of project above of everything.
April 30, 2020, 11:52:48 AM
There are 1000s of aspects you must need to consider if you escape from fraudulent projects by keep investing into ICOs and new coins/tokens. The better option I do follow is simply avoiding them. Yes, I do not have time to go for my own due diligence and also I am not ready to believe in others recommendations. At the same time, I am a continuous crypto investor.
No wonders, I just invest only with bitcoins and few other highly established altcoins. This way I am eliminating all the risks of crypto investments. Even if you take all your time to find a good project, there will be no guarantee that good project will keep their promises always. Please remember the well-planned scams are around in more numbers nowadays. So, it would be much better just sticking with bitcoin investments.
No wonders, I just invest only with bitcoins and few other highly established altcoins. This way I am eliminating all the risks of crypto investments. Even if you take all your time to find a good project, there will be no guarantee that good project will keep their promises always. Please remember the well-planned scams are around in more numbers nowadays. So, it would be much better just sticking with bitcoin investments.
April 30, 2020, 11:47:03 AM
1. Check their partners and investors. If they have big investors it means project is liable.
2. Check little about project through website and whitepaper. If you don't have technical knowledge then check reviews on Icobench or Icodrops.
3. Check their team members
4. Check if they already have MVP ready. Good projects usually have MVP ready before ICO.
5. Make sure, before you invest, you can manage your financial management correctly and lastly, I hope you don't go crazy just because of crypto.
2. Check little about project through website and whitepaper. If you don't have technical knowledge then check reviews on Icobench or Icodrops.
3. Check their team members
4. Check if they already have MVP ready. Good projects usually have MVP ready before ICO.
5. Make sure, before you invest, you can manage your financial management correctly and lastly, I hope you don't go crazy just because of crypto.
With regards to item 1, do your investigation if the listed partners or investors are legit. If there are linkedin profiles attached to it, try contacting at least one of them, and ask about the true connection to the project. Sometimes they will just post those logos or names without the knowledge of that company or person. Because very few will verify their partnerships, the project usually do such publishing their names or logos just to entire potential investors.
April 30, 2020, 11:43:26 AM
To choose good bounty projects
1. Check if the project is listed and trading with good volume on exchanges
2. Make sure the bounty manager is a good one with good reputation so that you will get paid
3. If the bounty project is not listed on exchange you will need to do more research, make sure the team are real and the project has a very good use case because too many scam projects are showing up in crypto world today
1. Check if the project is listed and trading with good volume on exchanges
2. Make sure the bounty manager is a good one with good reputation so that you will get paid
3. If the bounty project is not listed on exchange you will need to do more research, make sure the team are real and the project has a very good use case because too many scam projects are showing up in crypto world today
April 30, 2020, 11:41:43 AM
It's really hard to find a good project at the moment and not every good project are necessarily profitable while some lightly executed project are able to bring profit to it's investors. Good whitepaper means a good idea but immediate success depends largely on execution. Going after hype projects generally won't disappoint you as many people would be following it closely.
April 30, 2020, 11:38:55 AM
Whether you’re an investor or a bounty hunter it will be difficult to know if the project is real or not. But the most basic thing to do before you invest time or money in certain project is to do a research first. Some instances even if the project is legit you can’t assure that they will succeed, so there’s really no assurance here were all gamblers in the space.
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April 30, 2020, 11:29:22 AM
I know it is very difficult to know when an ICO is a scam or not, but I tell you that there is always a way to find out. First of all, if the team behind the project don't have anything to hide, then they should do weekly Webinar with their investors telling them about how the project works and also answering questions that would be passed on to them, but many ICO in existence this days don't do this because they don't have good intentions in mind and will never want to release their identity for everyone to see.
I know some well known scam project that the team was very active during ICO and even after they become successful. Bitconnect is a very good example for this one. If you follow that lending scam project. The CEO is very active on promotion and it seems legit at first since he do it personally without anything to hide except his intention to run away investors money.
The very cool way to determine the legitimacy of the project is to do background check on the team or if you don't have that skills then make a thread here and drop the project that you want to legit check. There are a lot of clever people here that has a lot of time to deal with that job.
April 30, 2020, 11:28:44 AM
most prizes and ICOs are just scams, so how do you choose the prizes you will participate in?
Did you join the gift because it was handled by a famous gift manager,
Or just because it has a high level in several ICO rankings,
Or do you really read their white paper and spend time looking for a good project.
Hopefully you can help other hunters by sharing how to choose a good project not only for prizes but also for investment.
There are so many scam projects are caught using fake whitepaper, or copy-paste whitepaper, the whitepaper is very important it has all details about the platform and the team composition sometimes included, but there are many factors like the team experience, and how they promote the project to investors is also important. Did you join the gift because it was handled by a famous gift manager,
Or just because it has a high level in several ICO rankings,
Or do you really read their white paper and spend time looking for a good project.
Hopefully you can help other hunters by sharing how to choose a good project not only for prizes but also for investment.
April 30, 2020, 11:24:04 AM
most prizes and ICOs are just scams, so how do you choose the prizes you will participate in?
Those are called the bounties and airdrops. They are not actually gift that they're giving for free, there's a certain task that you must fulfill to become eligible with their tokens.Did you join the gift because it was handled by a famous gift manager,
They are called bounty managers and that's one factor that many bounty hunters are taking into account.most prizes and ICOs are just scams, so how do you choose the prizes you will participate in?
Or just because it has a high level in several ICO rankings,
Rankings these days can be paid and many are aware of it and don't take it anymore as a good factor to be concerned of. Or just because it has a high level in several ICO rankings,
April 30, 2020, 11:12:39 AM
most prizes and ICOs are just scams, so how do you choose the prizes you will participate in?
Did you join the gift because it was handled by a famous gift manager,
Or just because it has a high level in several ICO rankings,
Or do you really read their white paper and spend time looking for a good project.
Hopefully you can help other hunters by sharing how to choose a good project not only for prizes but also for investment.
What do you mean by prize? That's bad english mate, I bet you are talking about bounties, bounties aren't for free, they require your effort and time, to choose the good projects you need to do research on the projects first because many scam projects are available today, just make sure the projects are real and the use case are good enough Did you join the gift because it was handled by a famous gift manager,
Or just because it has a high level in several ICO rankings,
Or do you really read their white paper and spend time looking for a good project.
Hopefully you can help other hunters by sharing how to choose a good project not only for prizes but also for investment.
April 30, 2020, 11:12:21 AM
i believe we can never stop sharing our ideas on how to invest in new projects here because there are people yet to understand how the cryptocurrency platform works and may fail prey for scammers whenever they want to invest. it is highly recommended before investing here to make a research about projects. you need to ask questions in the social group accounts of these projects. make sure that the community is active with activites and updates been carried out by the developers. \
least of all, we are short of long term projects in cryptocurrency these days. most projects are short term. Finally, invest what you can afford to loose because it is not guaranteed.
least of all, we are short of long term projects in cryptocurrency these days. most projects are short term. Finally, invest what you can afford to loose because it is not guaranteed.
April 30, 2020, 10:53:55 AM
Similar topic and discussion might help: https://bitcointalksearch.org/topic/why-i-introduce-a-coin-that-i-believe-it-is-good-but-no-one-care-5244550
We currently don't have a generally accepted good standards for ranking cryptocurrency projects. So, the different ranking will hardly agree...Every ranking site ranks as it wishes. You could be lucky though with some of the rankings. We just need consistency with the different rankings.
We currently don't have a generally accepted good standards for ranking cryptocurrency projects. So, the different ranking will hardly agree...Every ranking site ranks as it wishes. You could be lucky though with some of the rankings. We just need consistency with the different rankings.
April 30, 2020, 09:50:21 AM
most prizes and ICOs are just scams, so how do you choose the prizes you will participate in?
Did you join the gift because it was handled by a famous gift manager,
Or just because it has a high level in several ICO rankings,
Or do you really read their white paper and spend time looking for a good project.
Hopefully you can help other hunters by sharing how to choose a good project not only for prizes but also for investment.
Hello first of all what you mean by prizes? Im assuming what you really meant is bounty campaign right?Did you join the gift because it was handled by a famous gift manager,
Or just because it has a high level in several ICO rankings,
Or do you really read their white paper and spend time looking for a good project.
Hopefully you can help other hunters by sharing how to choose a good project not only for prizes but also for investment.
The question and context of your post bit odd. But Im gonna tell you some guide.
First of all, I like to not recommend you participating on some ICOs, why? The era of good fund raising through ICOs are long gone. Even the IEO projects are not that good if your after the tech or platform itself. Investment on such projects would be more risky, why you keep looking for new projects if the old ones are better?
I assume that what you are really after are the campaigns that give reward right? Dont focus your attention on campaign. With your current rank you can only do nothing goos but become a hunter and worse a spammer. Focus on learning first, before joining any campaign. They are just there waiting when you are knowledgable enough.
April 30, 2020, 09:25:26 AM
for the most important ico is a team, do not ever trust the ranks because all of that can be manipulated and for scam projects usually they always fake some of their teams with fictitious people who get from identity thieves on the internet at low prices / they look for their own data on some social media like facebook / twitter / vk / instagram and make fake resumes using their data, and the rest are whitepapers because here also plays the most role because scam projects always plagiarize other whitepaper projects.
April 30, 2020, 07:27:03 AM
I know it is very difficult to know when an ICO is a scam or not, but I tell you that there is always a way to find out. First of all, if the team behind the project don't have anything to hide, then they should do weekly Webinar with their investors telling them about how the project works and also answering questions that would be passed on to them, but many ICO in existence this days don't do this because they don't have good intentions in mind and will never want to release their identity for everyone to see.
April 30, 2020, 06:37:25 AM
1. Check their partners and investors. If they have big investors it means project is liable.
2. Check little about project through website and whitepaper. If you don't have technical knowledge then check reviews on Icobench or Icodrops.
3. Check their team members
4. Check if they already have MVP ready. Good projects usually have MVP ready before ICO.
5. Make sure, before you invest, you can manage your financial management correctly and lastly, I hope you don't go crazy just because of crypto.
2. Check little about project through website and whitepaper. If you don't have technical knowledge then check reviews on Icobench or Icodrops.
3. Check their team members
4. Check if they already have MVP ready. Good projects usually have MVP ready before ICO.
5. Make sure, before you invest, you can manage your financial management correctly and lastly, I hope you don't go crazy just because of crypto.
April 30, 2020, 06:33:29 AM
This has been discussed several times in the forum and as a newbie don't you think you were supposed to take a stroll around the forum.
The basic principles to choose a good project and avoid fraud projects is just one; which is do your own research.
Before you do your own research, there are questions that you need to answer which will guide your knowledge about crypto currency.
1. What is your example of a good project?
2. What do you expect from a project before you term it as a good project ?
3. What features do you search in a project when doing your research?
4. Do you need the team details before project validation ?
5. Why are you investing ?
6. What is a fraud project?
7. What features do you expect in a fraudulent project?
Answer the above questions honestly, do your own research and you will get it right.
The basic principles to choose a good project and avoid fraud projects is just one; which is do your own research.
Before you do your own research, there are questions that you need to answer which will guide your knowledge about crypto currency.
1. What is your example of a good project?
2. What do you expect from a project before you term it as a good project ?
3. What features do you search in a project when doing your research?
4. Do you need the team details before project validation ?
5. Why are you investing ?
6. What is a fraud project?
7. What features do you expect in a fraudulent project?
Answer the above questions honestly, do your own research and you will get it right.
April 30, 2020, 06:14:29 AM
most prizes and ICOs are just scams, so how do you choose the prizes you will participate in?
Did you join the gift because it was handled by a famous gift manager,
Or just because it has a high level in several ICO rankings,
Or do you really read their white paper and spend time looking for a good project.
Hopefully you can help other hunters by sharing how to choose a good project not only for prizes but also for investment.
Did you join the gift because it was handled by a famous gift manager,
Or just because it has a high level in several ICO rankings,
Or do you really read their white paper and spend time looking for a good project.
Hopefully you can help other hunters by sharing how to choose a good project not only for prizes but also for investment.
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