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Topic: what should consider before investing in a coin? - page 25. (Read 3367 times)

copper member
Activity: 336
Merit: 1
Community is very important otherwise there won't be much trading volume or demand. The community will not only purchase the coin but will help to promote it as unofficial ambassadors thereby attracting investors
hero member
Activity: 1218
Merit: 534
People here calling ICOs worthless are completely wrong.  Ethereum started as an ICO and if you invested at the start you would have gotten over a 1000x return on your initial investment.  There are still good projects out there but you have to be willing to do the research yourself and not blindly follow opinions of others.
legendary
Activity: 3052
Merit: 1188
Before considering ICO for your investment, I like to suggest you to go for considering this community's opinion about their ICO experiences.

Most people are suggesting to stay away from any kind of ICOs before some initiative from this community to be implemented so that there will be less number of scam in the names of ICOs. There are some steps will be available to evaluate an ICO, but you need to remember the scammers are becoming wise every day so that they will easily convince you to go with them for the reason of just a running away with your money.

I recommend you to go investing with bitcoin; it is simple and safer and definitely profitable in long-term. Learn methods to secure your capital before looking for multiplying it.
sr. member
Activity: 585
Merit: 251
I generally go for team and community around it,if a respective team has experienced and dedicated members then you have some trust on them.then I look for their vision with project and roadmap.it doesn't matter to me if I miss ico or not but project should be checked properly and then invested.
sr. member
Activity: 980
Merit: 261
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?


it is really hard for us to speculate what will be the good basis for the coin to invest in, it is somehow has a huge part that the purpose of the coin and the aggressiveness of the team behind the project to dictate the success of the project.
full member
Activity: 1498
Merit: 146
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?

Its more risky than buying a shop at 40th floor while the basement was just began.There is no assurance that their coin will get listed on exchange if not then your token will be useless and you wasted money on the wrong project so the importance of reseaching about team is more important.
member
Activity: 476
Merit: 88
Online Cryptocurrency Exchange
Definitely the potential of ICO's blockchain, the solutions it can provide and why these are unique/way superior to those of competitors. Then, check carefully a roadmap. Does it look like it is real, genuine one or copy-paste one? Next thing which is important is who backs up this ICO. This requires a lot of research as well.
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
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.
not it has absolutely no similarities to that which makes it the worst example you could have made. why? simply because when they are building a shopping mall you know there will be a building there with actual usage, you see the yare putting a lot of money and man power into building it and it won't be abandoned when it is done building.

do we have that in ICOs? absolutely not. in comparison they are only spending a small amount of time copying some code from other previous projects and changing the name and getting paid for it. there is no product, there is no usage, there is only money that chances hand from gullible people to scammers.

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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.
those with good ideas never start an ICO. they put the effort in, spend a lot of time and money and build a solid project. look at bitcoin for the best example in the field.

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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 investor should first decide whether he wants short term profit from trading or actual investment in solid projects. if it is the first one then any  shitcoin is a good option because of their pump and dumps otherwise the job is extremely hard and time consuming because you will have a sea of altcoins with no end and a lot of advertisement that will hide the truth
legendary
Activity: 2114
Merit: 2248
Playgram - The Telegram Casino
The general advice is to do research, but all ICOs usually present promising projects which looks great on the surface. And if you base your research in the whitepaper and roadmap you are going to be viewing the same promise and prospects.

Many investors do not know how to dig below the surface for thinking unprinted. It's best to seek professional advice when considering a project or ICO.
member
Activity: 490
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 you should not invest in ICO projects. there are only garbage and bad projects. Devs often use investors' money to use for online gambling purposes and they often fail to keep up with the roadmap they have set.
I think you should only invest in development token projects without investors' funds. It has available investment funds to develop, and that is the investment trend of many experienced investors.
member
Activity: 66
Merit: 42
Being a beginner, don't try to guess which coin will be the "next Bitcoin". Newer projects mean higher risk. Spread your funds out to a few well known projects, don't invest more than you can afford to lose, and set yourself a fairly long time frame. Always be aware, that most people trying to day trade lose money. However, empirically, most people who invested in Bitcoin for a longer period (>2 years) made profits. As you gain some experience over time, follow the development and read up on the important topics, you might increase your risk and start investing in newer projects. Most importantly: never go "all-in" on one idea!
sr. member
Activity: 868
Merit: 257
There are many things that need to be consider if will start investing in a coin. First is look how good the coin is and if how strong their platform and structure. Second, check if the coin have great potential in the future and lastly check the coin in there are a lot of investors who will invest in that coin.
newbie
Activity: 36
Merit: 0
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?
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