Investing is always a risk, and the more the percentage yields, the greater the risk of losing your investment.
And you always need to invest from small sums, gradually increasing the experience.
Topic: How to make your own choice in investing? (Read 1435 times)
Own choice can be made after good thorough research.
The team of the project must consist of good developers, advisers who have good intentions and want to benefit the community. Reading the whitepaper and checking the roadmap to understand what plan the project is offering. And important factor is if the ICO has a product that is actually working or available.
The team of the project must consist of good developers, advisers who have good intentions and want to benefit the community. Reading the whitepaper and checking the roadmap to understand what plan the project is offering. And important factor is if the ICO has a product that is actually working or available.
Focus on doing your own research. Don't let anyone anyone influence your decisions. A lot of people will push ideas onto you and make you think they were your own. ALWAYS do your own research. The more you know the better chances you will make a good investment.
1. The project must have the product already working.
2. The project is supported by a team of developers and advisory team who have a clean and good track record.
3. The project has a detailed whitepaper.
4. Long-term plan.
2. The project is supported by a team of developers and advisory team who have a clean and good track record.
3. The project has a detailed whitepaper.
4. Long-term plan.
I like your list above, but the issue I have with most of these project with working product is overvaluation of their tokens, if they have a ready product why not just move to the market straight but they will first come for ICOs to milk investors dry.
When you look at the lifecycle of a startup the minimum viable product (mvp) is rarely the end product. It is often used to show that the project is doable and that people are interested. With the initial funding the product goes through a major overhaul to meet functional and non functional requirements. Security and scaling issues must be dealt with and everything must be rigorously tested, user interfaces evolve, etc. Look at something like Instagram - it looks almost totally different from their initial 'working product'.
Succesful products also need marketing which requires a large amount of funding. Great products, even working and refined ones, won't sell if people don't know about them and relying on word of mouth by itself can take a long time to generate results.
I am also like that, every day a lot of people pm me and ask silly questions. But I always take a few minutes to explain to them in the hope they will understand and start studying the market just like me. And there are a lot of people who give me an introduction about their projects and I will explore that project and answer them straight away.
In putting investment of any ICO's project is too risky be carefull choose those trusted ICO's project, do some research in white paper and other member. Ask some prof to the inviter if they have. Then its your choice to invest if you fell it its profitable project, put some enough capital.
Investing should be based on your own tested parameters. What constitute a good investment in crypto currency? First you need to know that all unconfirmed pre-mined is bad for your btc investment. Supply of any token or coin must be known and accounted for. As regards time , you spend as much time as required to get good project to invest in.
There are two things to look for before investing in a coin. First technical analysis of the chart is really very important. You need to understand those red and green candles and graphs and should know how to depict future rally. Secondly, you need to keep a watch on future events and updates related to that particular coin. I would say stay in top 100.
But even after these things what I have experienced so far is that cryptocurrency market has many young investors unlike stock or share market. Market is highly being run on emotions. This makes prediction about a coin more difficult. You need to be quick with your trade and never forget to use stoploss in crypto trading.
But even after these things what I have experienced so far is that cryptocurrency market has many young investors unlike stock or share market. Market is highly being run on emotions. This makes prediction about a coin more difficult. You need to be quick with your trade and never forget to use stoploss in crypto trading.
Just do your research on the product and the team members. Read their whitepaper and check out team members on linked in. You should have a fair idea of the expertise and direction of the product.
You will also be able to know if the tokens are going to be valuable within the product and thus decide if you want to invest. All the best!
You will also be able to know if the tokens are going to be valuable within the product and thus decide if you want to invest. All the best!
You need to read and research from many different sources and learn how to filter the noise out of everything. Keep in mind that many people are backing their own horse in this race, so you gotta be extra careful with every little bit of information you come across.
The first thing is you have to have confidence if you want to invest, you invest in bitcoin it also has risk because of uncertain price.
If for incoming messages in email or in other contacts you can ignore it.
If for incoming messages in email or in other contacts you can ignore it.
Man, there is a lot of ico right now but you must remember there is only best one ico. And that's open money if we are considering about so many reasons behind the project. Chinese project will always become a good thing right rather than other. Open money is one of them (neo and metaverse)
Keep a close eye on your investment. Refer to some of this. The project has been active, team Dev (no scamer), the idea of the project can come into reality, the project has marketing programs to promote the project. Make the right decision.
1. The project must have the product already working.
2. The project is supported by a team of developers and advisory team who have a clean and good track record.
3. The project has a detailed whitepaper.
4. Long-term plan.
maybe that should be considered also whether the project is easy to do or not many requirements in following the project also is it in getting the information of this project is easy or difficult? 2. The project is supported by a team of developers and advisory team who have a clean and good track record.
3. The project has a detailed whitepaper.
4. Long-term plan.
So I agree with you that on facebook and especially in the telegram there are a lot of scammers because of that now all projects have passed on telegram with slak.
Investing is like gambling. the higher the risk the higher the rewards.
Hoe i make up my mind on what to invest in comes down to a few factors.
How i feels about the team and if i believe they can acheiev what they say they want to.
How i feel about the project. does it apeal to the masses? does it actually solve and issue?
Who or what are they going to compete with.
all in all i only invest what i can afford to loose. so i do take some rather huge risks here and there. some of those huge risk have paid out big and now i am only investing using profit from other investments.
But if you believe on that sayings you have a possibility to gain a lot of loses.Hoe i make up my mind on what to invest in comes down to a few factors.
How i feels about the team and if i believe they can acheiev what they say they want to.
How i feel about the project. does it apeal to the masses? does it actually solve and issue?
Who or what are they going to compete with.
all in all i only invest what i can afford to loose. so i do take some rather huge risks here and there. some of those huge risk have paid out big and now i am only investing using profit from other investments.
It's better to have a low profit than you earn a lot of loses on your funds, however I agreed that investing is like a gambling.
You will never know if you become lucky or not, you just only invest with unpredictable results.
The people involve in project is one of the most important thing. I do my own research on it if distributors are well known in crypto, in some past project and what was the final effect. If all answers are "yes" then is a little bit probability to gain the goals by the project and I am in it 
mostly
mostly
If you will read just official news and analyze them, not to listen a thousands of people in every chat it tg, you will make your own choice.I started with it:) To choose really working and perspective project, spend whole evening, reading EVERYthing about it, cuz it`s your money and you want to invest them only in good project,so you have to know evberything about projects. Good luck:)
1. The project must have the product already working.
2. The project is supported by a team of developers and advisory team who have a clean and good track record.
3. The project has a detailed whitepaper.
4. Long-term plan.
2. The project is supported by a team of developers and advisory team who have a clean and good track record.
3. The project has a detailed whitepaper.
4. Long-term plan.
I like your list above, but the issue I have with most of these project with working product is overvaluation of their tokens, if they have a ready product why not just move to the market straight but they will first come for ICOs to milk investors dry.
Do some deep research on what you are going to do and how much you want to invest, then pick the coin which is in range of your investment and do some digging as well on market trends and news about that coins if reviews and news are positive then go for it.
Es a deep research will truly help for some to make a choice on investing but then always be careful even you make a research on it being scammed are always there is a possible chances but you dont have to be worry just do your best on it. Jump to: