Sadly, I've to disagree with almost everyone in this forum. There are no more markets for what is "legit". Good these days just means "will make money" and that's almost got nothing to do with whether the project is legit or not.
Take it from me, ICO veteran. Burned by projects that had ALL the hallmarks and still scammed. Invested in legit projects that lost all their money. And then watched as scam projects made money (EOS cough haha).
Topic: How do you find good ICO's and new projects in general? - page 3. (Read 597 times)
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.
To make really good profit you need to know about good projects very early. As soon as the first news starts circulating that people have made a lot of profit with Project XX, the ship has sailed, at least if you want to make short-term profits. If you prefer long-term investments, you can invest a little later, even if some people have already made x10 or more with a project. Of course, this statement doesn't apply to all the meme coins, because 99% of them are dead again after a few weeks.
So where to get those information? I personally would not trust any influencers on social media. Most of the time they just shill the tokens that they own themself to dump on their poor audience. I am part of a pre-sale group for almost a year now and after a while, you will notice that certain members often give good tips and are often right with their predictions, while others only want to shill their own coins. As soon as you notice someone like that, you can follow their tips.
i think choosing a good project is a difficult thing because nowadays many new projects are popping up. choosing a good project can be seen from the team that handles it, many teams are already known to be good at handling projects and I think it's good if we want to invest in it. but before investing into it we must really research it well in order to get a profit. don't forget to keep abreast of the progress of the projects that are followed. choosing a good ICO also requires experience because if our experience is mature then we can also make wise decisions.
There are some people who specialize in this or who consider themselves experts, but it's risky, plus there are releases all the time and you'll need a filter to determine the right project. It's amazing that there are still people who want to invest in ICOs, probably if you do a search you will find a project already launched that has the same characteristics that you will be looking for in ICO. Anyway, DYOR and this is priceless and more reliable.
I never managed to find a good ICO. it's for a bounty campaign or an ICO investment.
I failed at ICO once and I don't do it again. it is now becoming more attractive to trade assets that will be listed on major exchanges like binance. I followed the hype and when it was profitable it immediately came out. it's not so great to follow the hype but I benefit from what I do.
I failed at ICO once and I don't do it again. it is now becoming more attractive to trade assets that will be listed on major exchanges like binance. I followed the hype and when it was profitable it immediately came out. it's not so great to follow the hype but I benefit from what I do.
If we are talking about ICOs, for example, for earning a bounty, then I find them on the forum. Or, for example, through familiar fellow bountists. It takes a lot of time to study and analyze the platform. And even then all this does not guarantee one hundred percent hit on a promising project.
I admit that it is not easy to find a good ICO, because as we all know, most of the ICOs currently circulating are scams. Therefore, in conducting
research, we must be careful not to miss the slightest thing. Because the current scam project is very close to real projects. But if we do our
research properly, should be able to find out which ICOs are good for investment. And don't forget to look for information related to ICOs and
new projects from trusted sources, so that the information we get is valid.
research, we must be careful not to miss the slightest thing. Because the current scam project is very close to real projects. But if we do our
research properly, should be able to find out which ICOs are good for investment. And don't forget to look for information related to ICOs and
new projects from trusted sources, so that the information we get is valid.
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.
You have to look for a platform that introduces legit and new project, on Binance for example they introduce new project thru IEO and I can say that most of the project are worth investing for though there is no guarantee but at least you are taking the risk the right way. It's hard to trust the new project and I understand this one because I also invested on a failed and scam project before, this is why I created my own standard on a new project before buying. Any advice is appreciated.
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.
Well there are lots of ICOs out there, but you have to be very careful with them, so many of them are scam and you’re going to end up wasting your time because of them. So, try to avoid these ones by going through the right source.Even at that you still have to be able to understand the projects that are likely to be successful and the ones that are not going to be, and avoid them on time. Maybe you can make use of Coinmarket when you’re looking for airdrops and things like that, there are also other websites that you can make use of and you will be able to find lots of really good ICOs.
Maybe those people didn't get their profits with ICOs but they're making a profit from just trading and holding. ICOs are not that viable anymore and that's why it's not too trendy today. But with the trend like those meme coins, they're riding the hype and making a lot of profits from it.
Also it's a strategy to hold and they're selling at profit and that's how they make money. But if you look into projects, non-ico, you look to the whitepaper and the developers of it.
Also it's a strategy to hold and they're selling at profit and that's how they make money. But if you look into projects, non-ico, you look to the whitepaper and the developers of it.
If they got lucky from these meme coins. But sooner or later, a lot will get burned from investing on these meme projects.
Since most of them have no use case, they are only here as pump and dump coins or tokens.
Today, it is quite hard to find potential projects. Better look for existing projects like ETH.
Even legit projects can turn out as crap projects later on. It depends on how the dev team can deliver their objectives.
It is better to look for projects that have existing use case already and crypto users are already using it.
On this day it's very hard to find the good one in ICO. I prefer to put my money into binance launchpad because it will be more safe to invest from binance. My advice if you want to invest money on ICO, you need to know everything about that project (TEAM, partnership, product and many more).
Frankly speaking, it is so hard to determine whether the project you are going to support and invest money with will not do an exit scam or maybe just die a natural death because it is just lousy or the team is not good enough to propel it to higher ground. So in other words, this can just be hit and miss kind of thing. This is the reason why I am not gonna risk my money with new projects. Now, if you really have good amount of money, then the best way to do is to find new projects that are already supported by well-known investment groups - for sure they did the adequate vetting before they risk their funds.
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.
launchpad binance, I always buy when there is a new project there. the average project that is there always gives a big ROI. this is very profitable even when the market is not too good though. other than there I'm not too interested in investing. I'm hesitant to invest anywhere else, other than launchpad Binance. I've tried investing in IDOs or IEOs on other exchanges, but the results weren't very good. Any advice is appreciated.
~
Check Scam Accusation first before trying to dive into the water. If not, try to investigate it by yourself. Being skeptical about something would help save you, your wallet and even your sanity.About the profitability, sometimes sales would help you because you would be able to buy a lot of tokens, but remember that if it is a scam, your tokens aren't worth anything.
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.
although this is difficult but actually we can see how the ico is fake or not. usually from being active on social media and how the team behaves when asked about payments and so on. because based on my experience the fake team did not respond to anything and tended to be silent even though many members contacted on social media.Any advice is appreciated.
but this is not accurate in my opinion, this is just my own experience
Scientifically, it's a long process. You can find any info from social media and telegram, mouth to mouth, or other specific sources. After that, do your own research (some great projects must fulfill some of the criteria) and please be reminded that a great whitepaper or good roadmap or even real-life use case and utility merely, don't guarantee that those projects will be successful, not doing rug pull or scam or whatever it's called. Sometimes, meme coins or unuseful projects can be hyped by some people and bring profits. Yes, the crypto world is crazy. Then, all back to luck. Yeah, if you're lucky, you'll find that kind of project that can give you multiple times of profits. So, just keep going and pray.
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.
Its easy to differentiate if you look carefully within their website, team social site or even their team. Usually team that has legit project doesnt have a shady account or you can say a fake one. Also try to dig deepr like try to make or ask them present themselve to video or call them personally. Real people wouldnt be scare to show themselve to public and you can identify them perfectly. Any advice is appreciated.
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.
Well you really have to go to social media and see what's going on.
But the thing is, it's mostly shills, so yeah, you can jump in and join the fun, but it's not that easy to make insane money specially if you are a new comer. Those that are telling you that they are earning good amount of money have either part of a pump and dump group or involved with the project itself. So obviously, they are going to promote it anywhere to get some noise. So just be careful.
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.
Most of the fake ones has impossible product to introduced and has copied whitepaper. The thing is that, those legit projects has a good objective with useful products in the market.
And with the help of those websites that gives feedbacks whether the project should be taken consideration or to ignore. Those top ones are usually the ones who gives massive profits.
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.
Many people says then that if you want to find a good ICO it must have an active community, a good roadmap, a good whitepaper perhaps, a good devs and best people around the project. In 2017 i have been joining ICO's and i can say that before there are ICO's that are legit and now they are still in active with their projects, not as good as before but you can still gain profits from their projects. But now it is hard to determine the legit ICO's from a scam one, there are a lot of coins now that have been in the market, for only purpose is to pump and dump. Any advice is appreciated.
Jump to: