Topic: ICO Investment Evaluation Criteria For Newcomers (Read 121 times)
I do not think that beginners who have just come to the world of cryptocurrencies should invest in ICO. Read these recommendations, you can study, but to participate-it is at your own risk, as in the event of a fall, they will immediately sell their assets in the negative, and then never return to such investments.
Investing in ICOs has always been considered a form of risky investment. Because most ICO projects are startups, investing in startups requires a lot of experience in micro vision as well as macro. Is there any chance for new entrants to invest in the ICO?I would like to tell to you 5 factors to make the ICO evaluation process easier. These factors will help you find good investments for the future.
- TEAM: This is the most important factor in evaluating an ICO. Investment funds often target the human element first when investing in projects because ultimately the figures of promising numbers become reality depends on the people conducting the project.
- PARTNER: The partnership of the project is also one of the most important factors in the requirement for investors to consider carefully when deciding to invest in an ICO project. Partners are a good indicator of how good this ICO project is.
- EVIDENCE AND IMPLEMENTATION: In the early days when the new ICO call form came in, investors were not interested in the ideas of the projects, even many of the projects did not have a clear idea of ??what they were calling capital. public. The dotcom bubble of the late 1990s is similar, just knowing the companies involved in the Internet, investors are pouring in, they do not question whether the idea is real, Is it possible to succeed? And the result, we all know, their money vanished when the bubble burst.
- MARKET ACCEPTANCE POTENTIAL :look up to the far future: Cryptocurrencies in the top 10 now prove that they are widely accepted by the market. However, over time the market’s acceptance will change, the market will appear more demand. And a potential ICO project will anticipate future market demand or may create a new demand that will be well received by the market. Just as Uber has beaten the traditional taxi companies to rise to the world to become a tens of billions of dollars worth of companies.
- AVOIDING SCAM: Identify the signs of a scam ICO,some signs to spot a scam ICO project :Here are some signals that you can rely on to spot a scam in a project :
– Inexperienced team
– Ensure that investors profit / promise high profits
– Lack of details on the project
– No clear roadmap
– No mention of risk to investors
I hope the 5 criteria above will be useful for everyone, especially new entrants to invest in ICO. Wish you guys all the best !
- TEAM: This is the most important factor in evaluating an ICO. Investment funds often target the human element first when investing in projects because ultimately the figures of promising numbers become reality depends on the people conducting the project.
- PARTNER: The partnership of the project is also one of the most important factors in the requirement for investors to consider carefully when deciding to invest in an ICO project. Partners are a good indicator of how good this ICO project is.
- EVIDENCE AND IMPLEMENTATION: In the early days when the new ICO call form came in, investors were not interested in the ideas of the projects, even many of the projects did not have a clear idea of ??what they were calling capital. public. The dotcom bubble of the late 1990s is similar, just knowing the companies involved in the Internet, investors are pouring in, they do not question whether the idea is real, Is it possible to succeed? And the result, we all know, their money vanished when the bubble burst.
- MARKET ACCEPTANCE POTENTIAL :look up to the far future: Cryptocurrencies in the top 10 now prove that they are widely accepted by the market. However, over time the market’s acceptance will change, the market will appear more demand. And a potential ICO project will anticipate future market demand or may create a new demand that will be well received by the market. Just as Uber has beaten the traditional taxi companies to rise to the world to become a tens of billions of dollars worth of companies.
- AVOIDING SCAM: Identify the signs of a scam ICO,some signs to spot a scam ICO project :Here are some signals that you can rely on to spot a scam in a project :
– Inexperienced team
– Ensure that investors profit / promise high profits
– Lack of details on the project
– No clear roadmap
– No mention of risk to investors
I hope the 5 criteria above will be useful for everyone, especially new entrants to invest in ICO. Wish you guys all the best !
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