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Topic: How to choose best ICO among many new ICOs - page 3. (Read 362 times)

full member
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The Future of Security Tokens
Hi bro, i am a new commer, i begin study in cryptocurrency at this time. Now i see many ICO but i dont have any experience. Can you share some thing? How to choose best ICO among many new ICOs?
Best regard.

Once I was also in your place, I wanted to invest in a normal ICO, but since I did not understand a lot in them, I somehow managed to invest for the first time in a scam project, in general, my main conclusion from this is that you shouldn’t rush Smiley
member
Activity: 210
Merit: 29
If you are new I would advise you to not go into ICOs for now.  Learn the industry, technology and market first. You are very likely to make a bad call if you go for an ICO now. Most of them are complete shitcoins targetting a use case that doesn't need a blockchain. Most are pure hype.

I have in the last month made more gains swing trading the top 30 than I have in ICO's. That I would also advise you to keep away from. At the very least do these things with a minute amount of money. Do not go in hard and big, with trading as well. I was trading with no more than 20 dollars for 5 months so I could learn my lessons.

You need to get your toes wet one day, but first make sure you personally know whats what. Don't trust anyone, you need to validate information and the legitimacy of an ICO yourself. The best ICO is one you believe in, not one that some youtuber shills in a sponsored video he got a few BTC for.
full member
Activity: 322
Merit: 100
Deal Coin - P2P Lending Eco-system
Hi bro, i am a new commer, i begin study in cryptocurrency at this time. Now i see many ICO but i dont have any experience. Can you share some thing? How to choose best ICO among many new ICOs?
Best regard.
Hello. Personally, I advised you to find a good ICO pool and invest through . Since most of the good projects are closing their hard cap private stocks at the expense of funds and pools
member
Activity: 249
Merit: 10
Go to the icorating.com or another one like this. There are enough topics with such themes. But to say the true, the project with good rating and strong team failed in price strongly on my experience. From 0,5$ to 0,001$. So there is no guarantee also.
sr. member
Activity: 1092
Merit: 250
Hodlers Network
Hi bro, i am a new commer, i begin study in cryptocurrency at this time. Now i see many ICO but i dont have any experience. Can you share some thing? How to choose best ICO among many new ICOs?
Best regard.

read their whitepaper carefully, because the point of the project is in the whitepaper
but, you need to know more about their team member too, sometimes a good project will have a good and professional team inside
full member
Activity: 448
Merit: 100
Hi bro, i am a new commer, i begin study in cryptocurrency at this time. Now i see many ICO but i dont have any experience. Can you share some thing? How to choose best ICO among many new ICOs?
Best regard.

To tell you the truth, there is no best ICO, you can only choose a great ICO when you have done your research and have taken the time to get to know about the project plus team. Never choose an ICO that you have no clue about because you might regret it in the end.
full member
Activity: 420
Merit: 100
There are indeed a number of ICOs to chose from and its almost impossible to tell which one is the best, which one will be a success and which one will fail. some of the things to look out for however are the product the ICO is offering the market, Is it needed or does it increase value to the market, You also want to look into the developing team, the more experienced the team is the higher the chances are that it  it will succeed. the project plan and token distribution are also some pointers to look into
newbie
Activity: 126
Merit: 0
Question has been asked for the umpteenth time and tons of answers given. But for the sake of answering, there's not one perfect way to choose the best ICO among many, you just have to DYOR- do your own research. Below is a useful guide;

- Do they have a working product? An ICO that has a working project will mostly likely not waste much time before they hit the ground running and as an investor, you don't have wait so long with their tokens before they release their MVP.

- Read the Whitepaper or Technical Paper if you're a techy person. What's the use case of the project? What real life problems does it solve

- Research the team. Check that they have the requisite skill and experience for the project. Confirm their profiles on LinkedIn if whether or not links are provided. A team with no blockchain experience is a cause for worry and you should be careful with investing in such project. Are they accessible for AMA's on the project?

- Hardcap amount: How reasonable is it? A decent blockchain project shouldn't be asking for more than $25-35k in my honest opinion. So watch out for that.

- What's the community like? A project with Telegram, Twitter, Facebook, Reddit, Slack, etc community is good. Ensure the telegram members are real people and not bots like in the case of JET8 where 80% of the members on Telegram were bots.

- If they have a bounty program, check the reputation of the bounty managers, it will tell the reputation of the project team as well
- Check for reviews on the project on various platforms by people of repute in the crypto industry. For positive reviews, ensure they're not paid for and the reviewers don't have vested interests in the project.

Like I said before, there is no perfect way to choose the best ICO, but the above should guide you.

sr. member
Activity: 560
Merit: 250
Hi bro, i am a new commer, i begin study in cryptocurrency at this time. Now i see many ICO but i dont have any experience. Can you share some thing? How to choose best ICO among many new ICOs?
Best regard.

In order to learn how to choose the best ICO you need to understand what criteria you need to look first. First, look at a lot of different video reviews, read books, watch out what ratings put the most famous sites (such as ICO DROPS).
full member
Activity: 602
Merit: 100
I think that projects should be chosen not on the forum and certainly not on rating sites. Any good project will collect money not only online, but also participate in thematic forums. If there are no projects at conferences, then they are definitely not worthy of attention! Watch all sorts of ratings, read the forum, this watch for novelties, study projects, analyze. And all this will not guarantee that the selected project will be successful
newbie
Activity: 1
Merit: 0
Hi bro, i am a new commer, i begin study in cryptocurrency at this time. Now i see many ICO but i dont have any experience. Can you share some thing? How to choose best ICO among many new ICOs?
Best regard.
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