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Topic: what should consider before investing in a coin? - page 24. (Read 3382 times)

full member
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Merit: 166
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There are many things need to considerate before investing. You need to avoid falling in scam trap and make sure it is a good project. Carefully read their white paper, following their team news and also see how people comments about them. Research their website and find more information about team members, check everything to find out if it is a real project or not.



If you are choosing a coin that you want to invest you will definitely need to be done something the most important thing was don't give up at any stage and don't panic while the market is falling if you are do something like this if you are doing some kind of these things it will be more useful for getting more income from your investment.
member
Activity: 462
Merit: 23
There are many things need to considerate before investing. You need to avoid falling in scam trap and make sure it is a good project. Carefully read their white paper, following their team news and also see how people comments about them. Research their website and find more information about team members, check everything to find out if it is a real project or not.

sr. member
Activity: 2296
Merit: 470
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For me probably the solution it will give to a certain matter, well it still depends since some of the tokens are for security purposes but I may say that in investing in a coin you should be considering the purpose of the project itself and if that project will be in a long run or will be in the business for a long time you should also study how many users are going to use that project.

But beware! even the legit projects ended up as a failure so i must say that in investing in an ICO is very risky you should study not just the project but the team as well.
hero member
Activity: 994
Merit: 504
Participation in ICO or investment at pre-ICO stage is a very risky step. Its just like purchasing a shop on 40th floor and the ground floor of that shopping mall is just start to build.
There are so many ideas/concepts is trying to prevail in the market but is there any formula to separate strong project from scams/weak projects.

Which scale should an investor use to go before investing in a coin? Is it the code, or the system it based, or their community strength, or is it depends on their venture capital that how much big it is?


The real things that I considered to invest in a certain coin is when I know that it hasn't pumped yet and would also see if that coin has a potential to pump in the future.
member
Activity: 336
Merit: 10
I think there are many things that must be learned first if you want to invest in coins, because investing is giving our money to other people for free, so we need a lot of research when we want to invest in coins.
member
Activity: 728
Merit: 11
https://streamies.io/
Participation in ICO or investment at pre-ICO stage is a very risky step. Its just like purchasing a shop on 40th floor and the ground floor of that shopping mall is just start to build.
There are so many ideas/concepts is trying to prevail in the market but is there any formula to separate strong project from scams/weak projects.

Which scale should an investor use to go before investing in a coin? Is it the code, or the system it based, or their community strength, or is it depends on their venture capital that how much big it is?

In the decentralized market, what can happen and that indicates the level of risk in the investment is quite high.
In the field of investment in ICO projects, I think we should focus on analyzing their team and roadmap. if they were doing the same thing they had planned, they would have won 50% of the win.
One thing to note is that we should not analyze too much about the idea, because most ICO projects have quite similar ideas and their products are not as good as they say.
hero member
Activity: 1190
Merit: 534
I would consider the transparency factor before even shortlisting the options for investing. If the team is good enough with adequate track record then I would give high priority to such project even if it doesn't have any fancy promise for the investors. On the other hand, the road map is also a crucial factor to determine investment strategy. Crypto is all about self-responsibility and hence doing own research is a necessity before taking any investment decision. For me, the people running the project is the litmus test to shortlist such projects, everything else is secondary.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Doing lots of research on the coin project itself. Be sure that is going to give it a little back of investment in worst case scenario.
Doing the proper research is more important than doing a lot of research.

1.Making contacts with the team members is also very important. If its a fake team then most of the team will be fake and wont be responsive to contact.
2.Again advisors can be contacted for involvement in a project but then again most advisors tend to not reply to any personal messages at all.
3.Another important aspect is the whitepaper. Plagiarized whitepaper is an immediate red flag and 99% chance of being a scam ICO.
4.Doing your person audit of the ICo funds can be useful but most of the financial info will be locked away from public.
5.Evaluation of the domain name. A newly registered domain raising suspicions.

These are few of things I do before investing anywhere. But honestly speaking I prefer bitcoin over any altcoin. Grin
member
Activity: 840
Merit: 10
Participation in ICO or investment at pre-ICO stage is a very risky step. Its just like purchasing a shop on 40th floor and the ground floor of that shopping mall is just start to build.
There are so many ideas/concepts is trying to prevail in the market but is there any formula to separate strong project from scams/weak projects.

Which scale should an investor use to go before investing in a coin? Is it the code, or the system it based, or their community strength, or is it depends on their venture capital that how much big it is?


I think what we should consider before join in ICOs is the product. If ICOs having a good product and back up by real company, i think its good to join in their ICO because its already have customer.
brand new
Activity: 0
Merit: 0
Doing lots of research on the coin project itself. Be sure that is going to give it a little back of investment in worst case scenario.
legendary
Activity: 3122
Merit: 1032
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Risk vs reward
If there is a Actual use case
Price vs volume
sr. member
Activity: 798
Merit: 250
GoMeat - Digitalizing Meat Stores - ICO
Its a primary concern how credible a project and the team working behind it. Thats all that matter, if the team.is well experienced and really into the development of the project. I'm now checking out Hodler project, they have a good wallet project and active team working for development.
But it can also be a failed or scammed project later on just like what happened to those ICO before. For me, you have to consider everything but remember it is still not guaranteed and you still need to be more careful and always be ready for the risk. Investing on ICO always have a big risk, but it can also be a rewarding if you able to invest of a good project.
I see more and more ico failing after the bitcoin price falls free. ico is a lot of scams that reduce investor confidence, because they are traumatized by lost funds. therefore keep cautious for ico's investment at this time
dont join in ico stages, its too risky now.personally i am prefer to quit from cryptocurrency for a while , wait and see till positive news come to market again.especially BAKKT certainity launched schedule.
full member
Activity: 826
Merit: 100
Its a primary concern how credible a project and the team working behind it. Thats all that matter, if the team.is well experienced and really into the development of the project. I'm now checking out Hodler project, they have a good wallet project and active team working for development.
But it can also be a failed or scammed project later on just like what happened to those ICO before. For me, you have to consider everything but remember it is still not guaranteed and you still need to be more careful and always be ready for the risk. Investing on ICO always have a big risk, but it can also be a rewarding if you able to invest of a good project.
I see more and more ico failing after the bitcoin price falls free. ico is a lot of scams that reduce investor confidence, because they are traumatized by lost funds. therefore keep cautious for ico's investment at this time
sr. member
Activity: 798
Merit: 268
Its a primary concern how credible a project and the team working behind it. Thats all that matter, if the team.is well experienced and really into the development of the project. I'm now checking out Hodler project, they have a good wallet project and active team working for development.
But it can also be a failed or scammed project later on just like what happened to those ICO before. For me, you have to consider everything but remember it is still not guaranteed and you still need to be more careful and always be ready for the risk. Investing on ICO always have a big risk, but it can also be a rewarding if you able to invest of a good project.
copper member
Activity: 70
Merit: 2
From my experience it would have to be communication with the community. If the team is quick to talk to the community about problems (which ofc every coin will come into due to FUD etc) then they'll weather the storm.
full member
Activity: 644
Merit: 113
Its a primary concern how credible a project and the team working behind it. Thats all that matter, if the team.is well experienced and really into the development of the project. I'm now checking out Hodler project, they have a good wallet project and active team working for development.
sr. member
Activity: 750
Merit: 252
Standard things, doing research on all levels. Even then there are no solid guarantee that project is going to be worth of the investment. That's just the way it is on this field. Maybe list of associates and co-partners of the ICO can mean something in making choice. The support of big name, Microsoft for example, would make me believe and be more comfortable for making decisions to invest on it.
full member
Activity: 812
Merit: 100
Participation in ICO or investment at pre-ICO stage is a very risky step. Its just like purchasing a shop on 40th floor and the ground floor of that shopping mall is just start to build.
There are so many ideas/concepts is trying to prevail in the market but is there any formula to separate strong project from scams/weak projects.

Which scale should an investor use to go before investing in a coin? Is it the code, or the system it based, or their community strength, or is it depends on their venture capital that how much big it is?

I think people know that except to the new people in crypto and to the people that want a easy money. In investment we all know that we need to be consider everything because our money is involved here. Its important to study and research the good project,ICO or coin that give us a good profit.
sr. member
Activity: 1624
Merit: 250
Which scale should an investor use to go before investing in a coin? Is it the code, or the system it based, or their community strength, or is it depends on their venture capital that how much big it is?


Firstly you should read their whitepaper carefully and search the team thoroughly. After you are convinced that everything is logical and real, look at what people think about the project on the Internet. If there is a mistake anyway, it will smell. After more research, time will come which when you investigate any project, you will have an idea about it.
full member
Activity: 686
Merit: 108
Participation in ICO or investment at pre-ICO stage is a very risky step. Its just like purchasing a shop on 40th floor and the ground floor of that shopping mall is just start to build.
There are so many ideas/concepts is trying to prevail in the market but is there any formula to separate strong project from scams/weak projects.

Which scale should an investor use to go before investing in a coin? Is it the code, or the system it based, or their community strength, or is it depends on their venture capital that how much big it is?

Consider everything if you want to be more sure. Investing on ICO is risky, so its better to know the whole project than to know limited information. ICO’s are not profitable to invest right now we can lose big money if we ended up in a scam project. Take extra effort or better to wait for the ICO to recover from its big dump before you invest again.
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