Topic: How do you find good ICO's and new projects in general? (Read 597 times)
indeed there are many ico projects out there, but finding the right one is quite difficult, especially since there are many scam icos, and also there is no legit website that can determine which ico project will definitely be successful, we have to do our own research and analysis about the ico project we want to join
I always hear about people making these insane profits from crypto by investing on release. But how exactly do you find legit ones from the fakes? I was told there are mostly purely fakes.
Any advice is appreciated.
Any advice is appreciated.
It's very difficult to know a good project, but the simple thing I do is follow on telegram, if the discussion is active with a large number of participants then I don't hesitate to invest.
Not easy to find a legit ICO. based on other people's experiences you can consider analyzing the whole project such as WP, goals, team, roadmap. if the progress and the project are going well, such as a partnership and a list in the market, you can participate.
Yeah, this is true, it is really hard to find good and legit ICO projects, as scammers as getting bigger creating ICO as well, so the best thing for you to find good and legit project always check the background of the Dev and make sure that the dev written in the website is the real dev of it. You may also ask for AMA this good to know more about the project and identify how the team knows about their project.indeed there are many ico projects out there, but finding the right one is quite difficult, especially since there are many scam icos, and also there is no legit website that can determine which ico project will definitely be successful, we have to do our own research and analysis about the ico project we want to join
all such sites, which provide an assessment of a new project can be paid to provide a high value for the project. never trust a site like that.I suggest just believe in your abilities. deepen knowledge and skills. indirectly when we choose a project we can get a good analysis.
I always hear about people making these insane profits from crypto by investing on release. But how exactly do you find legit ones from the fakes? I was told there are mostly purely fakes.
Any advice is appreciated.
DYOR,Any advice is appreciated.
everything in this market is only considered as theory and without practical experience you will never understand it.
You may have heard somewhere that people have made up to x100 profits from participating in projects they still call GEMS. I do not deny that it is good or not, in general it is all up to you, don't depend too much on anything, learn to control everything from yourself.
There are currently a large number of digital currency projects. How to find reliable projects is indeed very difficult.
You can consider from the following aspects, maybe it will help you a bit
- 1.Read the white paper carefully, understand the concept and future vision of the project, and read the economic model of the project carefully. Whether there is better development space and potential.
- 2.As much as possible to learn about the founding team members, whether they have the genes and experience of the encrypted digital currency industry, this is very important, the investment project is actually investing in the founding team.
- 3.To understand his code from the code open source platform, you can search on GITHUP. Simple plagiarism is always annoying.Security is an important part of a new project. When looking at the project, there are audit reports issued by a relatively well-known security audit company.
- 4.There is also a very simple way to choose, that is, choose authoritative media in the encrypted digital currency industry, such as COINDESK, U TODAY, BITCOIN MAGAZINE, etc., choose the top digital currency projects to invest, other altcoins, MEME coins Don't participate. You will be relatively safe
Inevitably, the necessary tuition fees will be paid as we grow up.
I always hear about people making these insane profits from crypto by investing on release. But how exactly do you find legit ones from the fakes? I was told there are mostly purely fakes.
Any advice is appreciated.
Don't get fooled by those gossips, some get big rewards by investing shitcoins during the bullish season but many were dumb to lose their money because of blindness. Any advice is appreciated.
Honestly, to find a good ICO nowadays is 50/50, that gonna be challenging for sure and if we can make a deep search on a particular project that we plan to invest in, I'm afraid they will just invest for nothing.
The good advice for you is to look for a project that already has a working product, that gonna be our assurance that it will survive.
most ICOs are scam, besides who is still chasing ICOS?
The market is repeating iteself, earlier it was known as ICO, now you can call it IDO, DEX market where scams are prevalent and mostly new users gets scammed, NFT etc, we will see more rehashes of the old scams and represents as new ones. Since there is no way you can get rid of scammers, all you can do is to avoid getting scammed.The ICO were great in the beginning and now we cannot hear about them and there are many hyped up projects coming out in different names and i see them literally as pump and dump market.
This turns out to be a typical thing because this market does have lots of money grabbers.Taking some opportunity to steal of investors money, im not generalizing at all
since there are projects which are really worth of and have real utility but basing with ratio then most of them are shit.So i dont care too much on this one.
I always hear about people making these insane profits from crypto by investing on release. But how exactly do you find legit ones from the fakes? I was told there are mostly purely fakes.
Any advice is appreciated.
My experience is suggesting you avoid ICO, at least until the last quarter this year. I think even now the success rate is 25-35 percent. Maybe you think that I'm not confident on ICO. Why would you like to invest in the new ICO when we have a huge opportunity to invest in old coins? ICO investment is good when old coin prices are overvalued.Any advice is appreciated.
I do not know how you got those numbers but in what I can deduce in all the years of being in this industry, the percentage is much worse than that. On the good side though, it is getting better as this industry along with all the people within it get more mature. Now, while I agree that investing on ICOs is not that good of an idea, I am not entirely going against investing on ICOs. But only if you are well aware of the things that you need to look out for. This is because even with such great risks, investing on good ICOs actually does give a huge amount of profit potential. I hope OP would be smart enough to make the right decision that is appropriate for the knowledge about this industry that he currently has.
most ICOs are scam, besides who is still chasing ICOS?
The market is repeating iteself, earlier it was known as ICO, now you can call it IDO, DEX market where scams are prevalent and mostly new users gets scammed, NFT etc, we will see more rehashes of the old scams and represents as new ones. Since there is no way you can get rid of scammers, all you can do is to avoid getting scammed.The ICO were great in the beginning and now we cannot hear about them and there are many hyped up projects coming out in different names and i see them literally as pump and dump market.
most ICOs are scam, besides who is still chasing ICOS?
for you to have a vague idea of how to choose a project first start by researching who the team members are, then ask if they are competent to deliver what they are promising this is the first step. second step you need to read the whitepaper and make sure it is not plagiarized. third step research which are the competing projects and what the project you want to invest has to be better than the competing projects. fifth step analyze what is the usefulness of the market projection. sixth step go in and watch the telegram channel, if you have a lot of very active members Is a good sign that at least the price could go up even if the altcoin is some shitcoin
for you to have a vague idea of how to choose a project first start by researching who the team members are, then ask if they are competent to deliver what they are promising this is the first step. second step you need to read the whitepaper and make sure it is not plagiarized. third step research which are the competing projects and what the project you want to invest has to be better than the competing projects. fifth step analyze what is the usefulness of the market projection. sixth step go in and watch the telegram channel, if you have a lot of very active members Is a good sign that at least the price could go up even if the altcoin is some shitcoin
I always hear about people making these insane profits from crypto by investing on release. But how exactly do you find legit ones from the fakes? I was told there are mostly purely fakes.
Any advice is appreciated.
My experience is suggesting you avoid ICO, at least until the last quarter this year. I think even now the success rate is 25-35 percent. Maybe you think that I'm not confident on ICO. Why would you like to invest in the new ICO when we have a huge opportunity to invest in old coins? ICO investment is good when old coin prices are overvalued. Any advice is appreciated.
You should know well the management team behind it, and one of the most important success factors for an ICO or cryptocurrency is the development and administration team behind the project.
and for that because many fraudsters use fake profiles or biographies in the development team for their projects, try checking documents (whitepapers) and so on related to ICOs, actually there are many ways to find out whether an ICO is a scam or not depending on your intelligence in judging and search for information carefully.
It is a big risk to invest in ICO/IDO/IEO we already know there have been a lot of scams like this and many teams have taken investors' money away therefore I will not guarantee a successful return it will even be lower than what was invested.and for that because many fraudsters use fake profiles or biographies in the development team for their projects, try checking documents (whitepapers) and so on related to ICOs, actually there are many ways to find out whether an ICO is a scam or not depending on your intelligence in judging and search for information carefully.
Even though we have done some research on their background and projects as well as with the documents that have been read it will not guarantee because no one knows whether this will be successful or not so this is a big risk, if you don't want to lose big then it's better to avoid it than to force
But on the contrary, even if the project is successful beyond expectations, the returns can be more than 10x.
You should know well the management team behind it, and one of the most important success factors for an ICO or cryptocurrency is the development and administration team behind the project.
and for that because many fraudsters use fake profiles or biographies in the development team for their projects, try checking documents (whitepapers) and so on related to ICOs, actually there are many ways to find out whether an ICO is a scam or not depending on your intelligence in judging and search for information carefully.
and for that because many fraudsters use fake profiles or biographies in the development team for their projects, try checking documents (whitepapers) and so on related to ICOs, actually there are many ways to find out whether an ICO is a scam or not depending on your intelligence in judging and search for information carefully.
My experience in choosing projects both ICO, IEO, and others for quality is not completely guaranteed but many choices and choices all depend on us, meaning that if we follow it does not waste energy and time, the first thing I pay attention to is who is handling it, if the manager has Having a track record that I always follow let alone supported by an audit team like certik, I believe the project has a good chance to progress and develop.
Most of the times, just following up on the latest in cryptocurrency is enough to get you information and insight you need to make informed decision about investing in New or old projects. Bitcointalk is another legit Platform where most cryptocurrency projects is access, analysed and talked about!
I agree with your point of view. Bitcointalk is the starting point for all the “good enough” projects to showcase their strengths. This place is like a crypto cradle, you have the freedom to promote, discuss and communicate the good features of a public project. Most of the sites promoting ICOs have their own fakes, listing ANN on BTT is almost a stepping stone for a good project to spread. Basically, this community is good enough and selective 
Most of the times, just following up on the latest in cryptocurrency is enough to get you information and insight you need to make informed decision about investing in New or old projects. Bitcointalk is another legit Platform where most cryptocurrency projects is access, analysed and talked about!
I always hear about people making these insane profits from crypto by investing on release. But how exactly do you find legit ones from the fakes? I was told there are mostly purely fakes.
Any advice is appreciated.
Yes, I've heard that a lot too. However it could be said to be due to luck. Usually the new projects that give a lot of profit are those that open up funding through Polkastarter, Coinlist, Binance and several other popular platforms. But to join in the funding is very difficult, because you have to fight with others or hope to win the lottery. Any advice is appreciated.
Investing in a new project/buying in their sales program is very risky. especially if we are new to this program /Ico. if you want to invest, it's better to invest in coins that are already registered and already have a selling value such as btc, eth and bnb. this will give more definite hope for your efforts
indeed it is quite difficult to analyze and determine if the project is really legit and potential, which is why op opened this thread. although it is difficult, but if we are willing to take the risk and get the right project then we will get quite a large profit as an early investor. ico is not quite popular right now, but there are sales models that are currently busy like IDO. I often look for quite legit projects from telegram https://t.me/ico_analyticall have risks, whether old or new projects. so choose which one you think is the easiest to manage the loss. Thus you can determine anticipatory steps.
ICO project could analized based on some important point, and some of them mentioned. the most important is what is the function why project should launched, did they have important utility for crypto market or for their own ecosystem. Most of project now have useless uility and looks like it used for formality only.
Yes, everything you said is very important to know in every new ICO project, because many ICO developers in the past only took money from investors and everything they put together in the project was just a formality. Jump to: