Topic: How to invest in an ICO? - page 14. (Read 23822 times)

Yeah investing in ICO is high risk and you need to research first all the possible information that available from the team behind those projects. Follow them to social media site to know their plans and watch their videos. No easy money in crypto and you need to thoroughly understand the purpose of their project and the impact to us.

A quick suggestion please!

You can simply just create a Google doc and then put this questions up so you can easily accrue your data at the end of it all and also get to analyze easily which I believe is going to take some time getting that done here. If you do not know how to create Google form, it is easy and you can easily get guideline on Google search.

With respect to ICOs, I have invested in quite a number of them and most of the time I get my lead from investment and business sites. To invest in an ICO, I consider the team first before anything, so as not to end up wasting my time on other details; I also consider the business idea, the availability of a product and sometimes the support I feel it is getting.

History of the team most especially is one thing I do not joke with when looking into an ICO. I hope that helps.

analizing ico on their whitepaper is very important for us to find best projects.if we know their roadmap detaily, we could take best decision in amount we accept to lose.

Always research an ICO before investing and don't forget to invest your funds in the amount of your funds that are ready to disappear (meaning do not use important money and money that you really need).

Yes. Invested on quite a few already. And I still willing to invest.


Definitely, I follow everything on forums.


I look at the team behind. DYOR (Do Your Own Research) is our best weapon to filter out scammy ICO's out there. Besides, you can go to (https://bitcointalk.org/index.php?board=83.0) - Scam Accusations before investing. There are a lot of members who devoted their time in finding those scammers. That's why for me this is the best source before investing your hard earn money.

---

Hope this helps.

From my short experience would suggest to do the following.

First and big thing is that we have new ICO every day, with every single one of them promising huge returns and useful perks for potential investors, but before you get carried away and start sending your hard earned money or some crypto to some of the ICOs, rkeep in mind that most of those projects will inevitably fail or will be a scam.

So what is needed for some ICO. First they will have a website and a white paper, containing as much information about the project and its goals as possible. Those will describe the team and its relevant experience, the idea and the roadmap of its execution, approximate goals and means of reaching them, and so on. So is this maybe worth the risk, chances are 50-50. With this there is that bad side how to see or spot a potencial scam.

So far like in real life there need to be good research about it for start start from team involved in this ICO. Use any type of search for checking information about team. If someone is in team anonymous, this usually represent first sign that project can be scam. Check if the developing team have some social media. See if they have some media online for example this forum is perfect place to start research for every ICO project.
Then read whitepaper of project, search if necessary some information if project will be escrow or not (this is also one of the good factors for potential investment cuz you know that funds you invest can be back). Also most of good and not scam project so far that i saw had open source for code, if code is not open source this may be also another clue that ICO can be scan at the end.

In the end one this must be done for every single ICO and that is "Research". Without this and if you play on blind then most likelly you will lose your investment.

Team is always my first and major priority when I am about to invest in an ICO. Usually, I check their past history and experiences as well as achievements, see if it is actually something solid enough to be able to achieve their objective in the current project.

Secondly, MVP (minimum Viable Product) is one other thing I do not joke with. If it is not available, then sorry, I cannot invest in empty promises. Any team ready to work would have been able to work on something at least to some extent and show how ready and serious they are to getting things done.

Every other technical details about the project, the target market, roadmap, whitepaper, the possibility of getting to see if there would be a demand for it in the long run comes last.

I never invest in ICOs.My advice for the newbies is to never invest in any ICO,ever.
They could put some coins into buying ICO tokens,but they should never expect any profit from it.
Just think about ICOs like they are crowdfunding projects,not actual digital "stocks".People donate for crowdfunding projects,because they like the consept/idea,not because they want to make profits.
I don't know about any profitable ICOs so far.

If you want to invest in an ICO make sure first if the team composition is really that legit or will really deliver good development on the project. That might be enough but you should DYOR on every aspect of its legitimacy.

If you are a good researcher then first check the ICO team and market value and the expert opinion and their ranking in the ICO bench and then investment through forum is also a good way and if you have some savings then investment in ICO is good way of making money and now the holding is strategy i am following.

In response to your questionnaire heres my answers:
1. Many times since I started to learn altcoins.
2. I always read ICos mostly in this forum and some technology sites, ico reviews, telegram groups
3. First is the team from what country and background of each member and the price 
4. Whitepaper of course.
 

If you want to invest in ico you should create a separate account then login to the site you want to invest ico then follow what the manager requested then you sign up to buy coin.

1. No and never.
2. a) Forum, and ads.
3. Since I don't invest on these ICOs, the popular answers that I have read in the forum is majority of them chose, a) Team.
4. I'm interested looking at d) History of the team and investors of that ICO but still it won't push me to invest.

my advice, don't invest ico for the long term, because the price of the ico coin won't rise higher like bitcoin or etherum. to invest long term, ico is pretty good.

Guys, am I doing an academic research for the completion work of my undergraduate and would you like to count on the help of the community?
This questionnaire is fast.
It's 4 simple to ask and you'll respond in 1 minute. Help the community grow academically.

1. Have you invested or are you thinking of investing in an ICO?

2. By what means of communication did you hear about the last ICOs you remember?

a) Forum
b) Youtube
c) Blogs
d) Technology Sites
e) Cryptomeo sites
f) Facebook
g) Instagram
i) Investment and business sites
What do you think is the time to invest in an ICO? Priority order.
the idea
b) Team
c) Market that an ICO will act
d) How much has already been invested
e) Price
f) Support (investors and partners)

3. What do you evaluate when investing in an ICO? Priority order.
the idea
b) Team
c) Market that ICO will act
d) How much has already been invested
e) Price
f) Support (investors and partners)

4. When you invest in an ICO you look.
a) Promotional video
b) Whitepapper
c) Site
d) History of the team and investors
e) Presentations