In the current crypto market situation, not having to buy a token is such a big profit as early in 2018 and my personal experience for nearly a year. I have some share for you especially new members coming to the crypto world some of my personal experience:
- Check the development team:Analyze the team behind the ICO and see if they are successful. If the ICO Founding Teams have not had any successful business activity - do not choose to trust them. Make sure that the founders have a clear orientation. They all have to prove their ability from previous projects to be able to "qualify" to receive your investment. All must be transparent with information such as Twitter profile, linkedln .. authentication.
- Make sure the market capitalization is fixed, the excess ICO token is destroyed and there will be no further offers in the future:With the ICO surplus at the moment, one of the most common of these is that the projects do not reach the initial funding they set. Therefore, it is crucial that the token issuers immediately destroy the excess amount immediately after the offer is over. It will ensure that the current token supply corresponds to the market demand, keeping the balance of the economy.
- The project needs to be based on a groundbreaking Blockchain platform in its field:You should read the whitepaper thoroughly and ensure that Blockchain is an integral aspect of the project and that it adds a unique value and competitive edge to the idea behind the ICO. It is important that the ICO Services / Products must have core values and breakthroughs that are enough to create a fever in the user community.
- Make sure the founders want to get rich from their own tokens, not the Ether numbers they earn through the ICO:It is important to know the developer's ideas for the project directly. It will be very transparent if it is easy to contact the founders at any time, Telegram or other social networks and make sure they do not use the money for other purposes, but instead try to increase the token value.
**) The current advice is only for projects that are good (achieving most of the above conditions) you should buy:
The token from this current ICO is very rare. The best time to buy this token is in fact when the currency is accepted to be listed on a trading platform after the ICO ends.
Conversely: If you have missed out on buying a token from a project that is not good (no hardcap, no airdrop, bounty), you should sell your token right away when listing on a trading platform.Maybe my English is not easy to understand, thank you
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