I myself investing on ICO's and they even returned me 10x of my investment. by the number of return you know how crazy the profit is!! But there is the question if the ICO' didn't hit exchange and didn't pass the test for exchange or simply the project is scam what will happen? The answer to the question is you loss your all money which you invested on the ICO. That is the truth about the ICO. So rude right?
Here is a solution,
1) Always invest what amount you afford to loss.
2) Do your own research about the coin before investment (don't listen anyone blindly because he
may also missing the key info)
3) Get to know about the project and know what will be the use of this token.
4) Always read the whitepapper and read Road map of the coin/token.
5) Follow them on social medias like twitter/facebook and on Telegram chat. I mean whole over the
Internet and collect peoples thoughts about the ICO.
That's it, you now know the basics of how to research about any ICO's.
Always try to find your own way to justify any ICO.
Upvote,Re-steem and follow and reply your own strategy so that we each other will learn new tips and strategy about selecting new ICO's.
THANKS for reading through.
if you find this helpful don't forget to Smerit my profile.
Nice guide for choosing a good ICO.
For me, spotting good ICOs although quite difficult but I usually landed on their Telegraph Channel because the strength of the community what makes good reputation of a company or an ICO.
Good ICOs have no funding issues because companies are going to take care the funding and they will earn a lot more after the ICO will be successful. That's why we're going to see those ICO as in coinmarketcap.com and other Cryptocurrency related websites. Scam ICOs have no funding and could not advertise their project in any major Cryptocurrency sites.
Good ICOs are hiring and paying Veteran and Higher ranked bounty campaign managers that's why the bounty campaigns of Mr. Sylon, Needmoney, Yahoo and other good bounty campaign managers' ICOs are more successful than Newbie or Jr. Members. ICOs that are being managed by Newbies and Jr. Members are more likely scams.
Sorry brother, Merit System is a failure of this forum. I would even let it decay than giving it to others who don't care your 3rd language because English isn't my native language.
Merit system is not appreciated by so many members, it doesnt always defines the quality of a member.
Good ICOs can be spotted on social media and top applications ads and I often see ICOs on Facebook, Messengers and also the above mentioned in major Cryptocurrency related sites like www.coinmarketcap.com etc.
Because the members of the social media community are hardly faked and you need to invest a lot of time and hardware resources if you want to fake the Telegram Channel.
Yes, Merit system isn't appreciated because I noticed that only higher ranks are often exchanges sMerits due to they are almost fluent in english as being said that most members in this forum English isn't our native language.