Topic: Newbie (me) trying to invest in a project (Read 480 times)

I too have been looking into ICO's. but after reading the forums comments I've held off on any investments and spending time learning about ICO's and tracking them. figure after a couple of months, I'll find a good one and pull the trigger on a minimal investment and see how that goes.

Maybe it's too long for him because the OP wants to get involved with ICO, but you're right because my understanding comes from following the gift altcoin. But if the OP wants to go directly to speculation can be seen from every development in the ANN thread of each project, they explain in detail the procedure following the investment.

i advice you to participate in bounty compaigns!

after 3 of 4 months you will aquire experience i crypto world and then you can invest!

Various ICO have their own steps and tules for investor who want to participate in their ICO some even have a whitelist which need application. I advice you find first an ICO that you think would be profitable in future then read info available in tgeir Ann Threads and their website they already have instructions there regarding joining in their ICO.

I advice you to invest in Bitcoin for long time. It's realy can be new gold in the future. I also advice you to invest in Ethereum, because a lot of projects based on ETH. And you can invest in ICO startups on real business

don't invest in ico they are often scam project copy paste from previous ico with fake face just to make them look more legit lol, invest in good coin with very good roadmap and serious dev that respond quickly to any question, there are notorious dev that are here from long time and make new coin after a while follow those

read all you can about the ICO, do a small investment and follow the bounty)

A lot of ICOs run on Ethereum, so if it's an ETH compatible token and you contributed in ETH, they will likely send the new token to the address you sent from.
The crucial point here is don't send from an exchange (Bittrex, Coinbase etc). You need to send from your own wallet. So for Eth probably MyEtherWallet, or something like the mobile imtoken app.

If you're completely brand new though, I'd stay away from ICOs. Prices tend to plummet when they first hit the exchanges and people go for a quick profit.

As many already mentioned:

Stay away from ICOs for now until you learn more about cryptocurrency.  ICOs are the highest risk (and highest reward) and you can lose all your money fast (or multiply it many times).

It is not that simple to choose a good project...and even good projects sometimes plop.  There are many factors to look at to reduce the risk.  Many reviews are biased and as with anything in the web, you need to learn how to filter them or learn which sites to trust.

Having ETH and BTC is the best start but note that not all ICOs will use those 2 currencies.  Red Pulse (RPX) for example will only accept NEO.  A lot of ETH based ICO will usually accept the token in your ETH wallet.  BTC purchased tokens/coins will have a different rule/process.

Good luck!

If you want a good project check out Solarcoin.

right joining for some bounty however learning on how to trade what must gonna do will truly help you so for some newbie and dont have enough budget to trade to buy some coin much better to work for it in some campaign.

follow bounty. by following bounty you will get payed and you will learn a lot things about cryptocurrency. so you learn and you will get payed. and then you got A money that you can use for investing in ico you like.

So i have a few question sir .  As of now we are a newbie and also dont have any  funds on hand to invest what are the first thing that we need to do to earn first here in forum? So that we also able to  invest even we are a newbie. ?

thanks to his knowledge, I am also new in this community and still learn to understand it. hopefully in the future I can understand and useful a lot for me. if later there are who do not understand I will ask in the forum. What do you think the first step should be? is it possible to work on the project?

Since you are new to the forum I can understand how tough it is to get used to the forum and the vast knowledge of crypto it has to offer. I suggest you get you bitcoin and ethereum wallets first.

For bitcoin I suggest Electrum wallet for a desktop one. It is the one I use but there are several other ones as well. For Ethereum I suggest Mist wallet as a desktop solution or MyEtherWallet.com which is a web wallet. Remember to keep the secure and NEVER share your Electrum seed words or private keys with anyone. Some ICOs run on Waves platform in that case you need a Waves wallet as well.

Next as far as ICOs are concerned, there are tons of ICOs happening everyday and not all of them will be successful in future. If you are interested in investing in any of them visit their website (be careful of phishing websites, they are very common in flooding the social media when the crowdsale starts and the rush happens) and then when the crowdsale starts send them the amount you want to invest in BTC/ETH/Fiat or whatever.

Most of them will have a token (ERC20 is the most common Ethereum Token, but there can be Waves token as well) which will be sent to you on successful investment - process can take some time keep an eye on the social media links - but be careful of phishing addresses and websites.

These token can now be used for that project for investors to buy the service (most common use) or they can always be traded on Cryptocurrency exchanges.

I hope this overview will be enough for you for now. Remember that this is a generalized scheme and there may be variations. But always remember one thing - Always invest money that you can afford to lose and Never invest more than what you can afford to lose.

i would suggest you to invest in  SONM which is fog computer project the beta version is going to release on aug 2018. It is waiting to be listed on bittresx soon. Today its listed on binance. The price of the coin is still below the ICO price. I am holding 100k SONM waiting for the beta release then it can reach $1 easily.
The second one is waves its similar it ETH with their on trading platform and lot of practical usage. Its still under $5 can go up to$100 easily by next year end.
The third one is ARK good project still under deployment can go up to $30 easily.         

ICO mania where every project would hit 3-10x once it hits exchanges is over. Too many people are participating nowadays, and it will be hard to find a project that will bring you 2x or more once it hits exchanges, most of them will trade at/under ICO price.

I suggest you only invest in ICO's that are really hard to get in. Like the ones with whitelists that closed really fast and they have an anti-whale caps (Kyber), or where they did a prompt check of every participant and their potential contribution to the project (Cindicator), or they excluded many countries and required a rigurous KYC - these are the only projects that will bring you a profit when flipping nowadays.

If you jump into something like Kik where they are trying to raise $120 mil and everyone can get in easily, don't be suprised if it's trading at 50% of what you paid (don't get me wrong, it might be a 3x ROI in a year, right now I'm talking about a quick flip).

Since you are assuming that the ground work has been completed even though that is something that cannot be completed until the desired result of raising the capital has been achieved. The next step is to visit their site which is where you will get the right way to invest but you also need to be careful at that end because there might hackers trying to clone either the website or the address where payment will be sent to. With that done, the next is to provide the necessary details they asked and you will be credited what you deserve in due time.

Lots of great answers here.

That is what is great about the community on bitcointalk.

Best of luck with your investments.

My only advice is to do a background search for the Devs and make sure that they are legit and capable on running a Project or to make it simple, Make sure if the Devs skills are suitable for the project objective. And also to make sure that the ICO project you choose is good. Choose the project that collected huge amount during early period of crowdsale.