I myself investing on ICO and they even returned me 10x of my investment. by the number of return you know how crazy the profit is boom!! 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. Do your own research about the coin before investment (don't listen anyone blindly because he
may also missing the key info)
2.Get to know about the project and know what will be the use of this token.
3.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.
4.. Always read the whitepapper and read Road map of the coin/token.
and everything goes back to each other, because what exactly research and always want to know is also a very important thing. or can be called experience is the main thing. and if anyone has more solutions on how to choose a good ICO please comment. because your comments and suggestions are helpful.
thanks for reading , and if this find helpfull ,dont forget to SMerit Myprofile
Thanks you somuch . and then if you have more suggest please comment
I would like to add, I think one of the good ICO too must have a running product or foundation to begin with. It's easing to know that they have already the things for investors to see what are they up to through their apps and other related to their projects.
ICO can give us great profits but we should also know that we are putting or money at risk. So it's better to know where does our money goes.