Topic: How to Choose a Good ICO - page 29. (Read 10149 times)
A good question this is considering the number of failing ICOs and those that set out to scam. They will not write it like they are set out to scam but, one can get to know them through thorough rese5of any ICO one intends to invest in. You take a look at the team, how realistic their soft cap and hard caps are and reaching them, time frame. Get a full understanding of them and their work by visiting their website which should reveal them and their work, and have a look at the whitepaper.
I do research on web sites like Icobench where I can read reports of ICO projects and reports of expert analysts. Study the team members carefully, read the white paper, and look at the road map.
My first counsel is this: Any ICO that you might be keen on must have their essence and network on bitcointalk. Here on this stage, the network really pay special mind to each other notwithstanding the way that individuals do have contradiction one and once more. It is of genuine worry that ICO take after the bitcointalk gathering tenets and you can believe in their arrangement.
By concentrate the task you can get rid of the greater part of the activities. Next, you have to comprehend whether we like the thought and why the blockchain venture. I chose for myself that if the venture has just a thought and they could compose White paper and that's it, at that point such activities I don't significantly consider and quickly reject. Typically I'm searching for a completely working undertaking
Some red flags for the beginners in the crypto world! Make sure to check these red flags before investing in any ICO.
1.CLAIMS OF HIGH, GUARANTEED RETURNS.
2.CELEBRITY ENDORSEMENTS
3.CLAIMS OF “SEC-COMPLIANT” (guarantees that their coins will trade on an SEC-compliant exchange where you can buy and sell them for profit)
4. INVESTING WITH A CREDIT CARD.
5. PUMP AND DUMP SCAMS.(Tempting you with guaranteed gains with pumps and dumps during pre ico to crowd sale)
6.Team members without any social profile. if they provide be sure to check the genuinity on basis of followers and background.
7.Language( grammar is correct or not)
and if you have done these be sure to read the whitepaper!!
99% ICO's won't have any of these, most of them have team members with social profile because it is easy to buy old social media profile. Deep research is required but best way is to ask directly team members about their project, if they are not cooperative than it is scam, they have to answer all questions because they are talking to potential investors. 1.CLAIMS OF HIGH, GUARANTEED RETURNS.
2.CELEBRITY ENDORSEMENTS
3.CLAIMS OF “SEC-COMPLIANT” (guarantees that their coins will trade on an SEC-compliant exchange where you can buy and sell them for profit)
4. INVESTING WITH A CREDIT CARD.
5. PUMP AND DUMP SCAMS.(Tempting you with guaranteed gains with pumps and dumps during pre ico to crowd sale)
6.Team members without any social profile. if they provide be sure to check the genuinity on basis of followers and background.
7.Language( grammar is correct or not)
and if you have done these be sure to read the whitepaper!!
Hi guys, there are so many ICOs, such as those listed in https://www.coinschedule.com. It's pretty hard to review them one by one.
Which elements I need to consider, the team? the product? the promoting technology? or something else?
Thanks for any suggestions
Which elements I need to consider, the team? the product? the promoting technology? or something else?
Thanks for any suggestions
There are not definite rules about how to choose ICO that wouldn't be a scam. I think it is necessary to search for best specialists first of all and after that it is possible to find projects on they are working.
The steps are fairly simple, if you follow them, you can certainly earn! Firstly, the project should be popular (the more willing to participate, the greater the coin price in the future). Secondly, the idea of the project should appeal to you, regardless of the opinions of others. A team with strong members will only be a plus.
Determine how much technology offered by the developer is necessary for real business. What problems does the team try to solve? Will it really be applied, or "do you want, but can not"? Is the proposed technology the best solution to the problem? Evaluate the team. Are you ready to entrust your money to them? Because in fact you give money to people who created a coin. Will they be able to achieve the goal?
Hi guys, there are so many ICOs, such as those listed in https://www.coinschedule.com. It's pretty hard to review them one by one.
Which elements I need to consider, the team? the product? the promoting technology? or something else?
Thanks for any suggestions
You should have to check the roadmap and the team manager and the platforms. Which elements I need to consider, the team? the product? the promoting technology? or something else?
Thanks for any suggestions
The ICO that you will follow must be in your country.
If anything happens, for example, there is a problem regarding payment of tokens, you can go directly to the head office.
But if the ICO is not from the country you live in and your country prohibits crytocurrency and ICO, then don't force it.
I think in the future, all the barriers will be broken and each country will Express its opinion about the cryptocurrency, but for now we are waiting for the cryptocurrency to breathe in deeply. If anything happens, for example, there is a problem regarding payment of tokens, you can go directly to the head office.
But if the ICO is not from the country you live in and your country prohibits crytocurrency and ICO, then don't force it.
Always check the technical document, its thread ads, all the teams and advisors behind this project, and how quickly and well their team / developer answers questions from the investor or other people. If all this is good, then I will think that this ICO is good and will be great in the future
To choose a good ico, their are quite some things you need to do. You need to research the team and make sure that it is credible. The Second one is the technology, the idea of their project. You need to check their whitepaper, their website, you also need to check their social media channels as well in order to choose a good ico
If you want to invest for a long term, then your criteria is good, but when it comes to a short term, than hype around an ICO is more important.
You should read white paper carefully about team member, timeflow, core feature...
The ICO that you will follow must be in your country.
If anything happens, for example, there is a problem regarding payment of tokens, you can go directly to the head office.
But if the ICO is not from the country you live in and your country prohibits crytocurrency and ICO, then don't force it.
But I don't really trust the ICO review website and prefer to do my own research. And because of the high risk ICO. It is important to know how many people are willing to invest and maybe lose before participating. If anything happens, for example, there is a problem regarding payment of tokens, you can go directly to the head office.
But if the ICO is not from the country you live in and your country prohibits crytocurrency and ICO, then don't force it.
Basic analysis is able to provide you very good result of selection if you are attentive and hardworking.
You just need to do your research carefully and don't trust ICO listing sites etc. because ratings can be bought. Careful research is very important to avoid scams and other low quality projects - don't trust anyone but your own research!
I have been recently following Stellar that is generally on the rise and the tokens issued on the Stellar platform - now there is a bump like in any cryptocurrency over the past few days, but generally Stellar is on the rise because of the prospective Coinbase listing and other advances. This will also boost tokens issued on the Stellar platform...
My most recent find among alts is AXU, "Argentas Exchange Unit" token issued on the Stellar platform and listed and verified on the Stellarport decentralized exchange, now only at its pre-distribution, or pre-ICO phase. A true hidden diamond, with low profile so far. Experienced people clearly, and cool tech for decentralizing and revolutionizing global banking - their website at argentas.io.
The pre-ICO price is 50% cheaper than the ICO price, a sure winner IMO, and I will certainly get some. They also have an ANN thread, I think here https://bitcointalksearch.org/topic/xxx-4431900. I dug really deep in their content, and it is really cool stuff
But don’t forget your own research!
I have been recently following Stellar that is generally on the rise and the tokens issued on the Stellar platform - now there is a bump like in any cryptocurrency over the past few days, but generally Stellar is on the rise because of the prospective Coinbase listing and other advances. This will also boost tokens issued on the Stellar platform...
My most recent find among alts is AXU, "Argentas Exchange Unit" token issued on the Stellar platform and listed and verified on the Stellarport decentralized exchange, now only at its pre-distribution, or pre-ICO phase. A true hidden diamond, with low profile so far. Experienced people clearly, and cool tech for decentralizing and revolutionizing global banking - their website at argentas.io.
The pre-ICO price is 50% cheaper than the ICO price, a sure winner IMO, and I will certainly get some. They also have an ANN thread, I think here https://bitcointalksearch.org/topic/xxx-4431900. I dug really deep in their content, and it is really cool stuff
But don’t forget your own research!
The ICO that you will follow must be in your country.
If anything happens, for example, there is a problem regarding payment of tokens, you can go directly to the head office.
But if the ICO is not from the country you live in and your country prohibits crytocurrency and ICO, then don't force it.
If anything happens, for example, there is a problem regarding payment of tokens, you can go directly to the head office.
But if the ICO is not from the country you live in and your country prohibits crytocurrency and ICO, then don't force it.
Another thing to keep in mind is that you have to see the function of the token itself, ask yourself this, why do you need a token for that?
To be able to get an ICO that is quite capable in terms of quality, extensive knowledge and experience are needed from yourself. The more experience you get, the agiler you can find a profitable ICO. Not only by looking at one side, but you also have to look at the side of the ICO as a whole. So, between teams from industry, with the concept he made, it could work with harmony.
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