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Topic: make sure you are investing for a project that will adds value or has purpose (Read 349 times)

jr. member
Activity: 160
Merit: 1
I thought that it is quite obvious, ok. I believe that it is wasting money if your are not sure that investing with your money project is not increasing in value.
newbie
Activity: 99
Merit: 0
talking about a project with value, you can check out Kittoken.Kittoken means to give a supportable Financial ecosystem in view of blockchain innovation. The stage will utilize esteem transfers conventions to encourage the exchange of installments between peers, between the client business world and the business world

newbie
Activity: 145
Merit: 0
Of course, investing in a good cryptocurrency is very important, and I think the best investment option in this market is the top quality cryptocurrency, because the risk of investing in them is smaller, and they will have a big future. Rising space.
full member
Activity: 462
Merit: 100
An ICO must present a unique idea that is sellable in cryptocurrency market place. In addition, there must be a need and  uses cases for this idea that must be backed by unique service or product!
member
Activity: 279
Merit: 10
Investing in promising projects is the main task here in another way we'll have a lot of problems like losses and other risks which could influence on the profit.
newbie
Activity: 294
Merit: 0
We should always look for ICOs that has a good concept or cause. Because, people would like to invest on a cause which will help them in the future. Roadmap, community, developer, marketing team also plays vital role behind the success of an ICO. So, we should also check these before making investment.
full member
Activity: 588
Merit: 104
Projects with purpose and real need, providing solution for it are having  better chances for success .
This is why it is important to study the WP, Roadmap and other documents prior the investment.
sr. member
Activity: 448
Merit: 250
Stake & Vote or Become a IoTeX Delegate!
this is true, there are too many people in here saying that too many projects are scam, but the truth, is that you can easily realize which one is scam or not just by making a little research
jr. member
Activity: 196
Merit: 2
TREEBLOCK.io
The best way to get value for the projects you invested on, is by investing in projects that adds value and has a great purpose, most project doesn't have any much value they offer, so even if their price are high today, in the future, it is only projects with value and purpose that will survive.
member
Activity: 206
Merit: 11
You are absolutely right, investing in project that will adds value and has purpose is a good thing to do, such project will have massive adoption in the future which will make the coin value to increase there by returning huge profit for the investors.
newbie
Activity: 252
Merit: 0
You are absolutely correct. I also think Crypto users must be aware about how and where to do invest. They should be more analytic about the price charts and overall growth of crypto currency.
member
Activity: 364
Merit: 10
DO NOT INVEST IN COINS THAT HAVE ADD NO VALUE OR YOU CANNOT SEE ANY REAL PURPOSE, BECAUSE MOST LIKELY COINS THAT DO NOT MEET THESE REQUIREMENTS ARE SCAMS.

MAKE SURE TO ALWAYS CHECK OUT WHITEPAPER AND ROADMAP, AND THAT FROM THOSE TWO SOURCES YOU CAN ACHIEVE TO COMPREHEND PROJECT AND PURPOSE
Correct! That should be the first point to check with the coins/token that we are going to invest. Don't just throw your money without checking the real situation of your return of investment. So many scammers around the cryptocurrency and be extra careful not be a victim of them.
newbie
Activity: 56
Merit: 0
Before investing in a project, it is very important to know in deep about it. Crypto-space is evolving and as far as it is, scams have been increased more than before in number. The real project concentrates on developing company as well as society and stakeholders. Scams are really very attractive to see nowadays but come up with bitter experience. So to be successful and be free from scams, we all need to be more cautious before we invest, Smarts first study it then goes for it.
newbie
Activity: 126
Merit: 0
We should invest in those projects that has a purpose and own vision thus we can be secured I think. And beside this we should check and study about the project whitepaper.
full member
Activity: 392
Merit: 100
This is a few important points when investing.  We must carefully check every project in which we want to invest in order to minimize risks. Do not forget about the diversification, it's better to distribute your funds in several projects.
newbie
Activity: 65
Merit: 0
It is crucial to find the best one among 1500 coins. The best way to do is to see which ones are the most popular ones, which has the better team and the number of experts in it, and the track record.
newbie
Activity: 53
Merit: 0
I think it is important for everyone to check the project very well and finding its potential so that investor can earn more. So analyze the project first and be safe and secured.
newbie
Activity: 294
Merit: 0
Yeah you are right. The people who trapped by fraud and fake projects are not properly research before investing. People shouldn’t do this kind of mistake.
full member
Activity: 356
Merit: 100
DO NOT INVEST IN COINS THAT HAVE ADD NO VALUE OR YOU CANNOT SEE ANY REAL PURPOSE, BECAUSE MOST LIKELY COINS THAT DO NOT MEET THESE REQUIREMENTS ARE SCAMS.

MAKE SURE TO ALWAYS CHECK OUT WHITEPAPER AND ROADMAP, AND THAT FROM THOSE TWO SOURCES YOU CAN ACHIEVE TO COMPREHEND PROJECT AND PURPOSE


We have to be careful in that work of investing, although check all the comprehensive and possibilities of the program, make it even though you research or read those whitepaper and roadmap always make sure that it runs through according your plans and succeed.
full member
Activity: 518
Merit: 145
... how can we know that the project is a scam or not? ...
Start with the team! Knowing if a project could end up as a scam or not would start from the team behind the project, their past experiences, how real they are, what they have achieved in the past and so on. From there, you can then start checking other things such as the viability of the project or product usage in the long run, and how well you feel the project or coin will bring impact to the global stage at large. If some of these questions cannot be answered starting from the team, then you really need to start weighing the risk and your options.
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