Bitcoin Forum

No doubt about it, there is cash to be made in ICOs – the most recent a year alone observed over $1.5 billion brought up in coin contributions and a portion of the tokens have gone from simple pennies to over $50 (all the more as of late Antshares, now known as NEO) – however you need to contribute judiciously, which is the reason we are here with 5 hints for putting resources into introductory coin contributions.

1) It's All About the Team
The above all else thing you need to do is investigate the group behind the undertaking. This is the place most ICOs are sifted through in the event that you are cautious.
Go to their site, take a gander at their about page, note down names all things considered, administrators, and counsels. Any genuine ICO crusade will have a decent measure of data on the group backing it. You ought to have the capacity to get names, pictures and even connections to social profiles like LinkedIn and Twitter.
Try not to stop here – go look at their profiles, take a gander at ventures they did before the ICO and what sort of progress they accomplished. On the off chance that you feel something is out of order, don't proceed without clearing all questions.
In the event that you keep running into an ICO with a mysterious group or almost no data, remain away no matter what. Individuals 'make' ventures, not thoughts or advertising. Regardless of how professional everything looks, if the general population behind it are not fit, you will get no place.

2. Sweep Bitcointalk Forum
The Bitcointalk.org gathering is the true declaration (ANN) center point for all ICOs. Sweep the ANN post for the ICO you're occupied with and search for real remarks instead of promotion from sock-manikin accounts.
Indeed, even on the discussion, there is a considerable measure of phony data, so it is best to go over remarks from more established, trustworthy individuals. Search for inquiries and how the improvement group has addressed them. Additionally, be watchful for any warnings – terms, for example, 'trick', 'pre-mine', 'mlm' and so forth.
Going over the ICOs Bitcointalk string will give you a decent outline and potentially some valuable discourses or depictions to enable you to comprehend the task better.

3. Read the Whitepaper
Each ICO needs to release a whitepaper, which is a point by point record of the errand, the separation from the arrangement to the specific execution.
Consistently these are long and stacked with allegory and dialect, which may seem, by all accounts, to be incredible to the uninitiated anyway should fill in as notice signs for you when overcompensated.
In case the whitepaper presents the endeavor as "a dynamic blockchain based interconnected focus point that licenses steady floods of information which empower vital correspondence and make trustless esteem based records that are irreversible and obscure" – it may sound great, anyway you are not by any stretch of the imagination getting any accommodating information.
A portion of the things you have to keep an eye out for include:
• The names of the advancement group and their counsels
• The essential thought displayed obviously (what is it and what does it do?)
• Regardless of whether the utilization of blockchain is basic to the undertaking or constrained for it
• Is there a business opportunity for the item/benefit? Who are the current contenders?
• The verification of idea work or if nothing else specialized depiction of how it will be executed
• The utility of the token or coin being conveyed
• The measure of cash to be raised and what could possibly be done it
• The guide for future advancements

ICO particulars like the hard top, number of tokens and course of events of dissemination, and so forth.
Without seeing these things, you can't in any way, shape or form put resources into any ICO. For example, if there is no hard top in an ICO, it implies there is no restriction to the measure of cash that can be raised or the quantity of tokens that will be disseminated. This will normally prompt a substantial supply, and request will decrease, influencing token cost.

Thus, regardless of whether the thought appears to be strong, if there is no market for it, it will confront an extreme time increasing certifiable footing, which will lessen token incentive not far off.

You need to comprehend that no venture will make you rich medium-term unless it has genuine potential, ease of use and the group backing it to make the vision a reality. A great deal of things meet up for putting resources into an ICO to pick up an incentive in the market and a considerable measure of times what you will read will sound pipe dream. Try not to be hesitant to haul out on the off chance that you are not fulfilled.

4. Check Out the Community
Community support is key, not only for an effectiveICO but growth later on. Most ICOs today have community hubs on popular platforms like Reddit, Slack and Telegram. Visit each one of these| communities and observe the conversations.

A effective and lively improvement crew will share updates frequently and preserve you inside the loop about development in phrases of the described roadmap. This is also the time with the intention to ask any questions and clean any doubts you could have about the assignment. Another time, be wary of sock-puppet debts producing false hype.

5. Don’t hazard the whole thing and Don’t sell at the primary opportunity
That’s pieces of recommendation for the charge of one. Permit’s say you’re prepared to put money into an ICO and you’ve finished all of the research. At this point, a few people are inclined to go all in in the hopes of creating it big.

That’s a big mistake.

Sure, the ICO may work massive, and sure you may remorse not going all in, but there is a bigger chance that it won't turn out to be everything it promised – in which case you may have wiped your self out absolutely.
In this exceptionally unstable marketplace, you cannot have enough money to threat the whole thing. In case you really need to achieve success investing in ICOs, you have to stay thru a hard patch to combat every other day. And there are going to be many rough patches.

That being stated, if matters do pass properly and you begin seeing token charges rising, don’t simply promote at the first possibility. If you have already taken the threat, provide it a few extra time. There are folks that sold Ethereum and Antshares (now NEO) as soon as they went up by means of some bucks. Ethereum went directly to upward thrust from beneath $20 to almost $four hundred inside a year. In case you’re already on the teach, don’t be in a rush to get off.

Finally, the golden rule. Don’t make investments what you may’t have enough money to lose
That’s curious about now; we hope this submit helped you pick out up on the important elements that need to be considered before any ICO investment. Experience loose to drop a remark underneath with any questions you can have.
Thanks for reading
Source : https://steemit.com/ico/@amanjain2k/five-tips-for-investing-in-icos

I agree with that it is all about team, it really does not matter how much money raised in the ico, for example: ptoy, it has raised $7m but has literally not team though project is very good it is doing nothing.

Good points mentioned in OP. IMO, researching is an important activity we cannot skip before investing. Invest comfortably with spare money to avoid stress and disruption to our life in bear market.

this is one good advice for investors, because we all know, there are so many ICO scams that threaten investors. in this way we can avoid the scam ICO is very harmful. do not be lazy to read the whitepaper, because when reading it we will know the purpose of the project and their potential in the future

Yes, these tips can help the people while choosing the ICO for investment. But, I would like to suggest all of you only one thing and that is held for the period of time as long as you haven't got 10 times of profit. After getting the profit exit and wait for the re-entry at the price you have bought. But, choose a good coin.

All these tips are really good in the normal situation, but nowadays it's better not to participate in ICOs unless you are sure that it's promised project.
For me sometimes I wait and buy after ICO.

yeah i have invested in CMT ,INS,... which have a good team and do the project very well

You have summarize your points very well and in detail it will help to much of people who are interested in ICOs and crypto currency for sure and i would like to add something always read reviews for the icos on website and blogs and mostly on trusted ico ratings website.

The hard truth about this is most tip and advices from many old investors is that it has a confusing nature and have the tendency to over concluded by someone. As what most boys said, “simplicity is beauty”, be direct on point must be learn by all concern individuals who want to convinced any person to be part of this investment. It is not about the reward, but it is about our capacity to observe our worth.

You are slightly right, but many scams ICOs had high ranks so it's not always helpful as most reviews are paid.
 

Number 2 is very helpful. Sweep Bitcointalk Forum.
Somehow they are like being cooked by questions that are asked here which sometimes are really deep and the one who will answer it will need to be completely informed of what is happening within the ICO or their project.
There you could already see how much effort this guys are making and being truthful about their project.

Number 3 is basic but mostly forgotten. Why? They are being dragged by the hype of people or just a fake hype. This could lead to a big loss.

Most whitepapers have plagiarism, especially that of new projects are terrible and after projects raise money and ico is done they no longer care about the token price and community... I am very disappointed with my ico investments.

A good set of instruction to new investors as well as the mature investor could help your tips. When I'm selecting ICO, I mainly focus on the capacity of the core team and base idea for the project. Most of the time I invested in selected ICO who has Working product. I found good ICO program called Guarium platform (https://bitcointalk.org/index.php?topic=3293429.0) project which fulfils all above criteria. All ways do your own personal reach before investing in anything.

Well, interesting tips on dealing with ICO. The good example of such is Cryptics for me, simple, decent and reliable. Considering investing

Now the crypto-currency market has lost a lot in price and a lot of potential coins are cheaper than they were at ISO. This is a good opportunity to invest in really promising projects and after a market reversal they can grow very much and give a big profit!

indeed a lot of scam ico today, I agree with your suggestions these tips are very useful for investors who want to invest in ico and also useful for hunters bounty to see bounty campaigns that have good potential. thank you for sharing

In market ICO is work for coins based on this ico mainly do campaign based on this points its really helpful for us also who are new in the market these things will help them a lot based on this topic this idea will help to trade or invest in the market and people can get proper idea.

Before investing in ico always check this:-
1.check how many tokens are offered for presale and the number of ICO participants,before investing.
2.check if the will provide potential investors with answers to questions via social media or the company’s blog.
3.check there whitepapers This document describes everything about the project which includes the idea, technology driving it.
4.check  if the company are willing to publish to you information about its team members. And also  How many years of experience do they have.

If we are interested to invest in ICO the first and foremost important thing is to see if the project is unique or not. With so many coins, the project needs to stand out. A good team with a good management should be sought out too and good advertisement to generate investors as well as reviews and experts opinion.

Great team, amazing technological concepts and a solid community.
I like a project that has these three aspects. because I think, enough for a project with the above three reasons.

Very good article. I agree with this article. This is a good advice for the beginner as well as for the investors. As there are many ICO scams we can avoid them in this way.

Tks for all of your opinions... I absolutely agree with u guys

Interesting topic but I think that lot of infromations are well known but people (small investors) dont have time to do it properly. They care about ICO Reviews ;).

Community and Team are the biggest driving force of any ICO.

Going through the community whether they are supporting the project and how much active they are, say a lot about the ICO. Team should be thoroughly analyzed before making an ICO investment. There are the most chances of blunder in team information and data than anything else which can help someone easily differentiate between a fake and a legit ICO. The product and the prototype helps in making a better investment option in regards to future.

I agree with this it, this is one good advice for investors, because we all know, there are so many ICO scams that threaten investors.in this way we can avoid the scam ICO is very harmful.do not be lazy to read the whitepaper, because when reading it we will know the purpose of the project and their potential in the future. But for me sometimes I wait and buy after ICO.

Thank you for sharing, there is a small tip for the bounty hunter that is looking for community projects, especially for reputable investors to share. Then find on its bounty forum. It is quite effective to avoid scams and price dumps

Hi guys!I have found one  of the most promising projects of 2018 called Cryptics! I'm 100% in his success! Don't miss the opportunity to be here,especially now is only the beginning of a great journey! Moreover, they will have a giveaway and A SUPER PRIZE – Lamborghini Huracan!!!What do you think about this? Check it out!

Thanks for the advices. Very useful post for the investors. Reading the white paper carefully is highly needed.

I can not do anything but agree with these rules you have mentioned. I would like to mention two more points: solution+team and tenacity of the team after ICO. The team is an internal backbone of every project and their share on success is hardly even measurable. But they have to find a new solution to an existing problem or, even better, find a solution to a problem nobody has ever thought of. Both are great, but in the second option, the team has no competition (yet) and therefore there is a big possibility of being a leader in it for a longer period of time and practically immediately. The second point means that if the team has hardly reached soft cap, but they are making great moves forward, they might overtake other similar projects with bigger financial backing. Nothing is over until it is over  ;)!

This was a very informative post. I agree to all your points . We should be very careful before investing on any ICO and study them properly to avoid scams.

A very interesting tips and very short too
It’s definitely  gonna help a lot of peeps and the merits is definitely worth deserving  as well
Thanks abunch

I think in addition , using precautionary measures irrespective of the research is as well profitable and rewarding too
Thanks a lot
Good luck to you too in this crypto space

I think you have to first follow these steps:-

1.Read the whitepaper
2.Check the community
3. Research, the team member background
4.Check the platforms & products
5.Check the supply of the tokens

This points are brillaintly picked out.. One really need to review a project thoroughly before getting involved.