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Topic: HOW TO SPOT A WINNING ICO - page 5. (Read 2443 times)

full member
Activity: 234
Merit: 100
October 05, 2017, 01:20:51 PM
#45
It's impossible to make the only one decision. In my opinion ICO investor should choose 5-10 promising ICO on their choice, and invest in it. If one of them will fly to 10x you will got your rewards. Or give work to team of professional investors to choose some for you. See my signature Finshi is one of them
full member
Activity: 784
Merit: 101
October 05, 2017, 12:06:42 PM
#44
it is the most difficult task, because surely all bounty hunters or investors would also want to know which ico project to be successful, which can be viewed from an ico project is a team profile idea, and their marketing and promotional strategy
member
Activity: 112
Merit: 10
https://triaconta.com/?ref=COMBI-154794
October 05, 2017, 11:07:49 AM
#43
I 've been trying to find out all the things that would lead me to spot the wining ICO, meaning an ICO that will not just enter a the platforms to make a quick buck.

An ICO I can really HODL.

I have gathered the below up to now:

  • The founders are working on something great, with details on their design and their roadmap.
  • The founders are not worried with deadlines, but are making changes when necessary to ensure the safety of their project.
  • The founders know their project of by heart. They can answer logical questions. They love it when people ask them about their project and the details of the development.
  • The founders could be promising the world, but not tomorrow. If they are promising you to become rich tomorrow, something looks bad.

New points from other members:
  • Competent development team is the most important rule. Ideas are not enough. There should be good devs to build around those ideas. That is main rule.
  • ICO's with a low or reasonable market cap and ICO's that have set a max cap.
  • [it could apply sometimes] The winning icos will be having a large of the communities that will always try to monitoring the development process of the project that was including about the crowdsale too.
  • Truly wining ICO gets a news coverage on the media.
  • The ICO softcap is fulfilled ahead of time.
  • If something seems too good to be true, it probably is.

Looking forward to enhance my list. I will add your ideas to the above list.





Thank you for this list OP, really helpfull! I think indeed the community backing the coin is an important indicator, not only how many people and how involved they are, but also how realistic their expectations are.
member
Activity: 218
Merit: 10
October 05, 2017, 10:31:01 AM
#42
I 've been trying to find out all the things that would lead me to spot the wining ICO, meaning an ICO that will not just enter a the platforms to make a quick buck.

An ICO I can really HODL.

I have gathered the below up to now:

  • The founders are working on something great, with details on their design and their roadmap.
  • The founders are not worried with deadlines, but are making changes when necessary to ensure the safety of their project.
  • The founders know their project of by heart. They can answer logical questions. They love it when people ask them about their project and the details of the development.
  • The founders could be promising the world, but not tomorrow. If they are promising you to become rich tomorrow, something looks bad.

New points from other members:
  • Competent development team is the most important rule. Ideas are not enough. There should be good devs to build around those ideas. That is main rule.
  • ICO's with a low or reasonable market cap and ICO's that have set a max cap.
  • [it could apply sometimes] The winning icos will be having a large of the communities that will always try to monitoring the development process of the project that was including about the crowdsale too.
  • Truly wining ICO gets a news coverage on the media.
  • The ICO softcap is fulfilled ahead of time.
  • If something seems too good to be true, it probably is.

Looking forward to enhance my list. I will add your ideas to the above list.





This is a very good pointers to have, like me I'm a newbie in this trading and stuff . This list will help me a lot on seeing what the ico is good . Thanks on sharing about this . Ill see if the Ico I'm investing with have this qualities .
member
Activity: 108
Merit: 10
Making Blockchain Safer for Everyday Use
October 05, 2017, 10:13:16 AM
#41
For me the winning combination would be - A great idea which has real life use case added with a great team with proven track record with VC backing and reputed names associated as advisors. Most importantly, a realistic hardcap.

Agree with the team, track record and hard cap etc ... but VC backing is good but not a must. That is my opinion.
full member
Activity: 364
Merit: 102
October 05, 2017, 09:56:33 AM
#40
For me the winning combination would be - A great idea which has real life use case added with a great team with proven track record with VC backing and reputed names associated as advisors. Most importantly, a realistic hardcap.
full member
Activity: 224
Merit: 101
trade.io - Join the Trading Revolution
October 05, 2017, 08:55:23 AM
#39

Hyped ones are the most dangerous ones. As far as I remember from bancor ico, their Project was a hype. It was consisting of only 50 lines of code or something. But they made their marketing well as a hyped one.


Hyped ones are dangerous, as included in our list.
full member
Activity: 205
Merit: 100
October 05, 2017, 06:17:03 AM
#38
I prefer ICO with live services, it is more realistic than buying ICO token from 2018 project deployment. 2018 isn't short time, When time goes by who cares if the project isn't real when the token has been listed in the market. I bought coss. Coss is live exchanger now, and the price is pump now.
yes agree with you it is more realistic if choosing the ICO with live services couse that was I do also choosing some that was existing for now.
member
Activity: 126
Merit: 10
October 05, 2017, 05:11:51 AM
#37
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full member
Activity: 448
Merit: 100
October 05, 2017, 05:00:34 AM
#36
I prefer ICO with live services, it is more realistic than buying ICO token from 2018 project deployment. 2018 isn't short time, When time goes by who cares if the project isn't real when the token has been listed in the market. I bought coss. Coss is live exchanger now, and the price is pump now.
full member
Activity: 136
Merit: 100
October 05, 2017, 04:52:07 AM
#35
1. Good project, breakthrough idea
2. Roadmap with steps how they will make the project
3. Report any difficulties they have and keep investors in the light
4. They don't promise that will do everything, they develop what is on the whitepaper
5. And I would hold only if the project would be scalable, not an app and that's it
full member
Activity: 136
Merit: 100
October 05, 2017, 03:58:59 AM
#34
First of all I check how well the founders explain their whitepaper. If the whitepaper doesn't explain me well where I'm going to invest my money, I won't invest at all.
If the whitepaper meet my standards then I will hold only if I see the progress of the team, not just promises and chit chat, I want to watch the team work and develop the product. Transparency is something very important to me.
I give extra credit when the team is looking for more programmers after the ICO, this is a good sign that the team is real and want to develop something good and in time.
full member
Activity: 252
Merit: 106
October 04, 2017, 02:55:18 PM
#33
If you are looking for short term profit (flip).  Really the only thing you need to look for is massive hype.  One where demand is much much more than supply.  Like Kyber / Chainlink, etc.

Long term hold ico is tougher to identify and need to consider a lot more things.
full member
Activity: 224
Merit: 101
trade.io - Join the Trading Revolution
October 04, 2017, 02:39:53 PM
#32
The number one thing I look for is a business case that makes sense. You can do all kinds of things with blockchain, but that doesn't necessarily mean you should. If a problem can better be solved with a SQL database, then their ICO is clearly a money grab. Services for the cryptocurrency community are the most natural fits. That's why I really like finance ICOs and gambling ICOs (e.g. the HERO ICO that I'm currently rep'ing in my sig).

After that, I'm looking for red flags. Promises of great riches, development timelines that are ludicrously ambitious, small to nonexistent teams... basically once I like the business concept, I'm looking for reasons NOT to invest. If something seems too good to be true, it probably is.

will add: If something seems too good to be true, it probably is.
sr. member
Activity: 266
Merit: 250
Sound. Fury. Signifying.
October 04, 2017, 02:34:38 PM
#31
The number one thing I look for is a business case that makes sense. You can do all kinds of things with blockchain, but that doesn't necessarily mean you should. If a problem can better be solved with a SQL database, then their ICO is clearly a money grab. Services for the cryptocurrency community are the most natural fits. That's why I really like finance ICOs and gambling ICOs (e.g. the HERO ICO that I'm currently rep'ing in my sig).

After that, I'm looking for red flags. Promises of great riches, development timelines that are ludicrously ambitious, small to nonexistent teams... basically once I like the business concept, I'm looking for reasons NOT to invest. If something seems too good to be true, it probably is.
hero member
Activity: 1120
Merit: 501
www.bitcoin.org
October 04, 2017, 02:09:45 PM
#30
If you want a win with ICO in short term then consider this factor:
Hype, Hype, Hype
The ICOs which are over hyped can give you profit in a short span of time. That is by dumping it on the day it hit exchanges. Once everything went normal it will be traded below the ICO price and now if you are interested in the project you may consider yourself buying some.
full member
Activity: 224
Merit: 101
trade.io - Join the Trading Revolution
October 04, 2017, 01:48:20 PM
#29
Truly wining ICO gets a news coverage on the media, the ICO softcap is fulfilled ahead of time.
Because ICO is all about colllecting fund, the one that collects better wins.

Both added. Good points.. media coverage is logical, especially when is not from press releases (paid)
newbie
Activity: 25
Merit: 0
October 04, 2017, 12:52:53 PM
#28
if there are a way to spot a winning ico, no one will tell you here  Grin
member
Activity: 76
Merit: 10
October 04, 2017, 11:49:38 AM
#27
I 've been trying to find out all the things that would lead me to spot the wining ICO, meaning an ICO that will not just enter a the platforms to make a quick buck.

An ICO I can really HODL.

I have gathered the below up to now:

The founders are working on something great, with details on their design and their roadmap.
The founders are not worried with deadlines, but are making changes when necessary to ensure the safety of their project.
The founders know their project of by heart. They can answer logical questions. They love it when people ask them about their project and the details of the development.
The founders could be promising the world, but not tomorrow. If they are promising you to become rich tomorrow, something looks bad.

New points from other members:
Competent development team is the most important rule. Ideas are not enough. There should be good devs to build around those ideas. That is main rule.
ICO's with a low or reasonable market cap and ICO's that have set a max cap.
[it could apply sometimes] The winning icos will be having a large of the communities that will always try to monitoring the development process of the project that was including about the crowdsale too.


Looking forward to enhance my list. I will add your ideas to the above list.

Investing in ICO's to profit from pump isn't that hard, because most of them get pumped, but spotting an ICO that can be successful in the long term can be very difficult, because there's so many things that can go wrong even on projects that are legit. Good idea on opening this topic. I hope it becomes very useful and informative. Smiley

I agree about the founders/developers but it's impossible to know how good they are and if they do it by heart if you don't know them personally or are reknowned people that already made several known successful projects. And it's not just developers that should be good, but they should have good marketing too.

My list would be:
- Ask yourself what's the main idea of the project. What problem does it solve. Does it have any competitors. How is the idea better than competitors. Are their potential customers that would find use for the idea.
- Check the team. Are there real names posted on their website with their real photos. Google for team members. Check if they already worked on some successful projects. Do pictures and information on the website correspond to what you find on their profiles on social networks like Facebook.
- Check the website. Does it look professional. Are there many spelling errors. Serious projects will pay someone to design and lecture their website properly. Is there a whitepaper on the website (it's a must obviously) and roadmap. Is the website translated into any other language than English. Translations especially to Chinese, Japanese and Korean are a big plus.
- Check the whitepaper. Is it just a few pages of simple text written in poor English. That's bad sign for sure. Or is it about 100 pages of very technical and legal language noone really understands. If whitepaper is too complicated, it might be written this way on purpose so it would make the project seem good. Or the project might really be good, but there's possibility it won't get many investors, because not many potential investors would understand it. And if ICO doesn't get enough investors, they may not collect enough funds to work on the project. Whitepaper document should be just about right. Written without any errors, properly formatted, easily understandable but must still answer most of the questions you as investors want to know.
- Check the roadmap. What have they done already. The more the better. A working product you can try out is best. Just white paper with nothing else done is very risky.
- Check the code if they publish it on github. Are there a lot of commits every working day. This should like they're working hard on the project. But be careful if the code is forked from another project. Many of the activity might be there from the previous project.
- What's the amount they're trying to raise. Is the amount reasonable for what they're trying to achieve. Are there any cost estimates that explain what the collected funds will be used for. Is there a hard and/or soft cap for the ICO. Do you know exactly how much will you pay per token. Team that doesn't even know the estimate of their expenses can't be serious on the project. And if there's no cap, it shows they're at least greedy if not scammers. And if you can't tell how much will you pay per token this is gambling not investing.
- What's the model of token distribution. What percentage of tokens will be sold to investors and what percentage will stay with the team. Anything more than 49% of tokens staying with the team is a bad sign.
- How many tokens will be in circulation. Are they inflating, limited supply, deflating. Are there any competitive projects on the market. Compare potential token price to them in case the project reached same marketcap. What profit would you make at this marketcap. Is it worth the risk.
- What's the use of the token. Will flow of the tokens in the system drive the demand for tokens up and create buying pressure in the market.
- Check the community. Is there a lot of activity in the threads on this and other online forums and social networks. Do members of the team communicate a lot.
- Check marketing. Do you spot adds for the project, a lot of news about the ICO on different media sites, do they publish videos on youtube, send newsletters and write blogs regulary,...
- How long will it take after ICO to hit exchanges. Which exchanges on what dates.

Probably no ICO project will be perfect according to above checks. But the more checks it passes the better. And I probably also forgot some important checks, it's just what I wrote from the top of my head.



full member
Activity: 874
Merit: 125
October 04, 2017, 11:42:05 AM
#26
Truly wining ICO gets a news coverage on the media, the ICO softcap is fulfilled ahead of time.
Because ICO is all about colllecting fund, the one that collects better wins.
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