Topic: Whitepaper alone is not enough to make you invest in an ICO - page 2. (Read 1654 times)
that's right, because just reading the whitepaper doesn't determine the exchange rate in the market. whereas when we want to invest is to see the exchange rate first to see the potential that can grow. when reading the whitepaper, the important point is the pre-sale time. then see the potential for the token to grow.
I usually look at the whitepaper and see the investors on that ICO. If they have many companies investing in their ICO then their chances of success are huge.
Do not just rely on the whitepaper because it's easy to copy and when I read the whitepaper of 10 projects then 10 projects that look great but 9 projects are scam
Do not just rely on the whitepaper because it's easy to copy and when I read the whitepaper of 10 projects then 10 projects that look great but 9 projects are scam
The team, as well as the ability for the project/company to generate revenue, and in what time frame, is an important question to ask. An existing company, for example, which is implementing a blockchain or crypto project may be something to look out for.
My opinion is whitepaper is not more all of reason have to invest at the ico project, I will check how much interested of the ico project looking by investor. I want to know how many investor have joined their ico and how the progress of ico on private sale.
This is definitely true. Most times, I feel sorry for people who think that just because they have read a project's whitepaper and it sounds convincing, and a pretty good one, they can go ahead to invest in it. It takes more than just a good whitepaper to make an ICO successful. Even the scams these days comes up with better whitepapers, and anyone can easily put up one. So be careful, and look up for other things before making investments.
What are your thoughts?
Of course, white paper is very important, but it's not the most important thing. It is necessary to evaluate the idea of the project and its team, as well as the work they have done. I have seen so many people focusing mainly on project whitepapers, and relying solely on the information contained in the whitepaper to participate in the ICO. It is very true that the most important document of an ICO project is the whitepaper, but what you should be far more focused on is the credibility of the project team. No matter how beautiful and well written a whitepaper may be, without an experienced and vibrant team, such project is bound to fail.
The most important research you should always carry out before investing in an ICO is the profile of the team starting from the head of the team to the least person. If the project has advisors, also research their full profile and experience as well.
With all these, you will be safer than the person who only read whitepapers before investing in ICOs.
What are your thoughts?
The most important research you should always carry out before investing in an ICO is the profile of the team starting from the head of the team to the least person. If the project has advisors, also research their full profile and experience as well.
With all these, you will be safer than the person who only read whitepapers before investing in ICOs.
What are your thoughts?
Is the profile of the perfect team more important even though the vision and mission of a project does not make sense? I think both are important and you can't ignore them. and in fact, we can see the vision and mission of a project in the white paper.
a lot of things to consider besides the whitepaper. analysis and consideration not only of the whitepaper only. the team and a lot of things more important to watch out for. Although it is indeed important the whitepaper still will not be able to generate fully confidence for investors.
Whitepaper is not represent all of the idea and it can be changed anytime. Basically to determine how good that crypto is based on the whitepaper is the worst idea ever I seen. If you are seeing only from their proposal and concept and that I believe that will not give you a lot of accuracy. Apparently, yes, because even a scam project hide in their looks-legit-whitepaper just to attract investors. So it's really hard to distinguish at first especially if you're just new. Of course, every aspect should be looking at, and the team is very vital here as they're the one who make the project successful that's why it's better to google first their name and be a detective because some team have photoshopped their faces so they can have an exit plan afterwards.
Reality hits us so hard now, that the money is the root of all evil so be at least skeptical in everything besides it's better to be it than concluding easily, after all our hard earned money deserves a good investment.
I have seen so many people focusing mainly on project whitepapers, and relying solely on the information contained in the whitepaper to participate in the ICO. It is very true that the most important document of an ICO project is the whitepaper, but what you should be far more focused on is the credibility of the project team. No matter how beautiful and well written a whitepaper may be, without an experienced and vibrant team, such project is bound to fail.
The most important research you should always carry out before investing in an ICO is the profile of the team starting from the head of the team to the least person. If the project has advisors, also research their full profile and experience as well.
With all these, you will be safer than the person who only read whitepapers before investing in ICOs.
What are your thoughts?
The most important research you should always carry out before investing in an ICO is the profile of the team starting from the head of the team to the least person. If the project has advisors, also research their full profile and experience as well.
With all these, you will be safer than the person who only read whitepapers before investing in ICOs.
What are your thoughts?
in choosing ico, indeed we should not depend on one side only, there are still many aspects that must be considered so as not to regret later on / when listing.
Because after all this also concerns the money / assets that we have, investigating the team further is also the right step to avoid unwanted things
Yeah, there are many factors which you should take into account. You also should know ererything about the team, their experience in the crypto sphere, etc.
I fully agree with the author of the topic. It is impossible to judge the project only by its document.
When a new project or ICO project arrives, all of it is known through the whitepaper. But along with their purpose, you need to discuss with the team for knowing the purpose of the project and the probability of profit.
a lot of things to consider besides the whitepaper. analysis and consideration not only of the whitepaper only. the team and a lot of things more important to watch out for. Although it is indeed important the whitepaper still will not be able to generate fully confidence for investors.
Whitepaper is not represent all of the idea and it can be changed anytime. Basically to determine how good that crypto is based on the whitepaper is the worst idea ever I seen. If you are seeing only from their proposal and concept and that I believe that will not give you a lot of accuracy.
As I know the most important document of ico is the white paper.I agree with you that white paper is written properly but to understand this you have to ha a clear knowledge about it. So gather knowledge for proper use of white paper.
i think if you make profit by investing in ICO you should justify before invest. it will make more profit for you. white paper are essential resource for study to get more information. i think you are right. i'm agree with you.
Every ICO has a whitepaper. Means nothing
The whitepaper is only one part of ICO which reflect the implimententation plan of the project and many other factors are there to study before taking part in any new ICO such as working team, cost of the project and is project can sustain in future.
I have seen so many people focusing mainly on project whitepapers, and relying solely on the information contained in the whitepaper to participate in the ICO. It is very true that the most important document of an ICO project is the whitepaper, but what you should be far more focused on is the credibility of the project team. No matter how beautiful and well written a whitepaper may be, without an experienced and vibrant team, such project is bound to fail.
The most important research you should always carry out before investing in an ICO is the profile of the team starting from the head of the team to the least person. If the project has advisors, also research their full profile and experience as well.
With all these, you will be safer than the person who only read whitepapers before investing in ICOs.
What are your thoughts?
you are right, whitepaper can't guarantee absolute safety. i agree with the point about researching people behind the project instead the project itself The most important research you should always carry out before investing in an ICO is the profile of the team starting from the head of the team to the least person. If the project has advisors, also research their full profile and experience as well.
With all these, you will be safer than the person who only read whitepapers before investing in ICOs.
What are your thoughts?
a lot of things to consider besides the whitepaper. analysis and consideration not only of the whitepaper only. the team and a lot of things more important to watch out for. Although it is indeed important the whitepaper still will not be able to generate fully confidence for investors.
Whitepaper is not represent all of the idea and it can be changed anytime. Basically to determine how good that crypto is based on the whitepaper is the worst idea ever I seen. If you are seeing only from their proposal and concept and that I believe that will not give you a lot of accuracy.
you are right if you want to make profit you should justify before investment. if you're that it is secure and potential for investor you should invest this project. which project ICO are good it will make your profit.
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