I have read quite a lot of articles on how to identify a good or scam ICO project. but sometimes when we finish reading and we forget, we make a mistake.
So, in my opinion, we don't just need to read more and we should work in groups. It is the best way for us to eliminate weaknesses and achieve good results in investment.
Topic: How to Identify Good ICOs for Investment - page 2. (Read 771 times)
I think we need to do some pretty good research to find good ICOs. First of all, we should investigate the team members of the project that will organize the ICO. We should check to see if there are any other successful projects that these members have worked on before. Then we should read the whitepaper of the project. And we should compare the project with other projects which has the same mission. And finally, we should read the comments in the social media about the project and read the team members' responses to the criticism about the project.
I have stopped being an ico investor and the reason why I did not do that again is because the majority of ICOs are fraudulent, but I did not say that all ICOs are like that. My profession is currently as a bounty hunter and I identify ICO from the background of the team, developers, products, partners, communities and how active the team is in responding to users.
as developer works on referring use with details of scheme on tasks with the whitepaper investors might define of one on decision to put of spares with funds to helps on initiation as referring indication of further arrange on plan as investing with the projects from the developer.
It is good article for the people who needs information to get a good ICO all details is good and really informative that ICO investor can use it. But even the details give and you follow it there is no guaranteed even you see to the ICO is really legit or having succesful because now ICO creator who have bad intension are smart so we need to take a risk in ICO even you are thinking that is good.
good article, this is a good guide for reference as material before investing in a project. but for me the most important thing is the background of the team in managing the previous project and also what products they offer in the market.
Although the article can be a guide to us in identifying the good ICO, I don't think that we can find good ICO for investment easily.
I think every project will do anything to make sure and convince the investor, and even they will make their project is like a real one.
We only know if the project is good or not by following their journey from day 1 until its finished.
And if somehow, they are trying to do something different than usual, we need to be careful, and we need to prepare if something worst will happen later.
But still, it is difficult to say that one project will scam us in someday if they don't have one of the articles states.
The best thing that you can do is to manage your money to invest and only use the money you can afford.
That will prevent you from a big loss in someday.
I think every project will do anything to make sure and convince the investor, and even they will make their project is like a real one.
We only know if the project is good or not by following their journey from day 1 until its finished.
And if somehow, they are trying to do something different than usual, we need to be careful, and we need to prepare if something worst will happen later.
But still, it is difficult to say that one project will scam us in someday if they don't have one of the articles states.
The best thing that you can do is to manage your money to invest and only use the money you can afford.
That will prevent you from a big loss in someday.
This is a good suggestion for us, but not all ICOs will succeed, but there are still failures. I personally identified the ICO from the professionals and the sales are ongoing. If there is a development in a good product, I will invest there.
That's a good tip from the website but i think even if we manage to perform research on the project. It will not guarantee that we will hit the the right one. As long as the team is capable on meeting their road map then we have a chance of earning with our investment.
For identifying good ICOs, you can't rely on the ICO review sites. Many of them dish out dishonest reviews, after receiving financial support from the team members. You need to do your research on yourself first. The very first step is to check for the team members. Make sure that they have enough experience, not involved in the past scams and have a clean reputation.
The second step is to check for plagiarism. Many of the scam ICOs plagiarize the whitepapers. There are softwares available to check for plagiarism and you can do your verification using them. During the third step, you can compare the project with the similar ones that are already existing. Compare the ICO price to the exchange rates and market capitalization of these tokens.
The second step is to check for plagiarism. Many of the scam ICOs plagiarize the whitepapers. There are softwares available to check for plagiarism and you can do your verification using them. During the third step, you can compare the project with the similar ones that are already existing. Compare the ICO price to the exchange rates and market capitalization of these tokens.
Article's definitely a very good go-to for anyone just starting out in the ICO venture. Very brief and concise. Got a good grasp of some of the basic concepts that I neglected to look into before, like open and hard cap. Thanks for sharing. Cool
In determining a good ICO don't trust them easily but just looking at their rank ,look their backgrounds if it is safe. Viewing whitepaper isn't that bad because it is one of the tactics that can apply when you're determining a good ICO,by looking with it you can see how the ICO work and how does it give what they have been said to their investors.
Everything at ICO projects is virtual and there is no evidence that they are actually working. If the project has an office and the most obvious development, it is a good project that you can consider investing in the near future. Currently, ICO are no longer interested by many people, and this investment trend has ended, so these projects will not be seen in the future because IEO is replacing everything.
generally doing detailed research, seeing how teams work in managing projects or offering marketing products, tracking team transparency, seeing their road maps and the other is managing your financial management properly. don't be tempted by big offers because that is far more risky.
Yes, it is very helpful article, it can be guide for the beginners, but ICOs become more risky, buy altcoin from exchange is safer way
really nice article to read
but, the most important thing of any ICO, STO or IEO project is their team member buddy
because a project will be dead or not is depends on their team member
Knowing who's the developer will also give some hints to stay and follow every project development, and those things might influence the success of everything.
really nice article to read
but, the most important thing of any ICO, STO or IEO project is their team member buddy
because a project will be dead or not is depends on their team member
Following the tips given on that article above can be helpful but not a guarantee that something will not go wrong as there are many good projects that caught the attention (and the purse, of course) of many but they eventually turned out to be a big nightmare to the tune of millions of dollars flying into thin air and the supporters left with empty plastic bags (hope they don't throw them into the ocean!).
The truth is that the very nature of the ICO platform is quite risky -- very risky -- all because the marketplace is not regulated and when anything is not regulated that is when the dark side of human nature can easily take in. With no sense of legal responsibly, project proponents and developers change theirs mask into that of a scammer.
Hopefully, with the coming of the IEO where exchanges are injected into the scene, things can get better but until there is a clear-cut regulation on the whole crowdfunding process there is no guarantee that a project will not, one day sooner or later, just evaporate like a vapor under the light of the sun. Oh, well...
In determining a good ICO don't trust them easily but just looking at their rank ,look their backgrounds if it is safe. Viewing whitepaper isn't that bad because it is one of the tactics that can apply when you're determining a good ICO,by looking with it you can see how the ICO work and how does it give what they have been said to their investors.
The best part of the article is the Bitcointalk part, here in this forum we can expose who are and who aren't, a project may have everything investors are looking for a project, but if they cannot address issues and concerns raise by members of this forum they are in trouble, take a look at Adab they look very impressive, but they are exposed as a dubious project, and this forum exposed them.
You can get recommendations basing on actual users experience and insights which is very helpful.
True. You get the project vetted by highly experienced individuals in the space which are on Bitcointalk. Although there are some few cases of error in the likes of Zeux coin which was wrongly accused to be a scam. Asides that, this forum is the best cryptocurrency forum on the planet and worthy of a daily read
Yes, this forum has indeed been utilized a lot by many people, especially to find information about cryptocurrency, even ETH used to shine in this forum.
The best part of the article is the Bitcointalk part, here in this forum we can expose who are and who aren't, a project may have everything investors are looking for a project, but if they cannot address issues and concerns raise by members of this forum they are in trouble, take a look at Adab they look very impressive, but they are exposed as a dubious project, and this forum exposed them.
You can get recommendations basing on actual users experience and insights which is very helpful.
True. You get the project vetted by highly experienced individuals in the space which are on Bitcointalk. Although there are some few cases of error in the likes of Zeux coin which was wrongly accused to be a scam. Asides that, this forum is the best cryptocurrency forum on the planet and worthy of a daily read
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