How do you find good ICO's and new projects in general? - page 4.

kawetsriyanto

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Quote from: Why you bully me on July 06, 2021, 12:22:44 PM

How do you find good ICO's ..?

or now, I never consider joining an ICO, this is an old way and this is very risky.
Every time, we will find out so many shit projects that are new, with their sometimes very interesting concepts, but means nothing and impossible.
And moreover about the new hype token or coin projects, never only put your trust in them and get some investment in them because of hype.
I believe that you can find out some criteria why a good project here and shit projects there, this forum can give more.
And about to avoid the shit projects. I personally will prefer to choose the project by analyzing their WP, real team and its experience, concept, community, and also their roadmap. however, I will also prefer to choose them if they do some launchpad or IEO on the trusted and reputable exchanges.

Princeofpoetry

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PUGG.io

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 is going well, such as a partnership and a list in the market, you can participate.

sheenshane

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Quote from: Princeofpoetry on July 06, 2021, 07:13:11 PM

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 is going well, such as a partnership and a list in the market, you can participate.

These are good signs to spot and legit ICO, but it doesn't mean they will not turn into scams. If you have a plan, just stick to them and watch them closely especially their community because there are a lot of discussions there and updates that give information qucikly.

That's the reason I stopped investing and participating in ICO projects because most of them are turned into scams. Just focus on Bitcoin investment and for sure you will never regret it if you are a long-term holder. There's a better ROI ahead when the price goes up.

TimeTeller

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Quote from: blockman on July 06, 2021, 05:35:58 PM

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.

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.

senyorito123

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Quote from: Why you bully me on July 06, 2021, 12:22:44 PM

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.

It's really disappointing to hear those feedbacks which relates to fake investment firms who claims to be legit, same with previous years that cryptocurrency had gone so trendy. Several ICO have taken all people's money and hardwork and yet didn't get rewards and profit after all sorts of effort. Indeed those were all fake, scam, fraudulent or whatsoever you call it. My only advice for those who planned investing their savings on a certain coin, don't get fooled on new ones bur rather take advantage on the top performing asset on popular exchange like binance.

cabron

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Quote from: Why you bully me on July 06, 2021, 12:22:44 PM

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.

Watch the threads in this forum https://bitcointalk.org/index.php?board=159.0

Most of the ICO team that wants funds for their project usually post in this part of the forum. Once upon a time, every ICO announcement in the forum receives funds more than enough for the project to move on. times changed though so it all depends now on the kind of project, their plans, and the team. Investors today now prefer the IDO, not sure but I've seen many users discussed it here.

blockman

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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.

jeungo

full member

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I think this is the most difficult selection process at the moment. you read, delve into the project, its idea seems very interesting to you, but in the end it turns out to be a deception. I ended up in two projects, from which I managed to leave on time and not lose money. I will not name the projects, but one of them was a high-profile story related to the SEC.

Coyster

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Quote from: Why you bully me on July 06, 2021, 12:22:44 PM

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.

The thing you should understand is that most of the coins users make such profits from are more or less 'lottery'/pump and dump coins, what that means is that as you have your eyes solely on the profits you heard others made from some of them, you should understand that they are also very risky, and the time you made the purchase also matters a lot, if you buy some of this coins when they just pumped, they could dump sooner or later, leaving you with losses to cope with, thinking of just 'insane profits' basically means you just want to get rich quick, and it does not always go as planned.

Having said that, Bitcoin as an investment can produce a considerably high amount of ROI, but it's mostly in the long run, it's not a pump and dump coin and you can be sure that your funds would not just plunge into oblivion, since it's more or less impossible to handpick the next lottery coin out of the many scam ones, just go for a long term project like Bitcoin.

Jaered

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There is no hard data for determining a future good project. What one can do is if the project satisfies some certain criteria, you can hop on aboard and hope they don't exit scam or rug pull along the way

Why you bully me

member

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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.

Topic: How do you find good ICO's and new projects in general? - page 4. (Read 597 times)