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1  Alternate cryptocurrencies / Altcoin Discussion / Re: What does your due diligence look like before investing in ICO? on: July 06, 2017, 12:58:39 PM
I think you're all right.

Being cautious, not too much spending, back checking of the team and the business as well as possible and trying to grasp the general mood for the upcoming ICO.

Thanks
2  Alternate cryptocurrencies / Altcoin Discussion / Re: What does your due diligence look like before investing in ICO? on: July 06, 2017, 11:30:11 AM
Quote from: AiWanChu on July 06, 2017, 10:42:18 AM
sometimes i get FOMO and dont do research at all.. sad truth but most people fall for HYPE  Tongue

That's very honest... Exactly why I invested in EOS. But I just need some more structure for the future ....  Grin
3  Alternate cryptocurrencies / Altcoin Discussion / Re: What does your due diligence look like before investing in ICO? on: July 06, 2017, 10:17:56 AM
Quote from: cryptohunter on July 06, 2017, 10:11:19 AM
Invest tiny amount only

Better to search for undervalued projects that are live and have proven development.

ICO's are too easy to manipulate and make their own markets extracting btc from people over time before finally dumping the lot and the project.

Thanks for your quick reply. I think you're right.

What's the reason people keep investing in ICOs anyway? Is it just quick money?

Do you think that a proper team with some good reputation builds enough trust so that people invest? I feel that this was the case at EOS
4  Alternate cryptocurrencies / Altcoin Discussion / What does your due diligence look like before investing in ICO? on: July 06, 2017, 10:06:01 AM
Hi I pretty new to this and just experienced my first success by investing a few ETH in the EOS ICO.

However, that seemed like an extremely risky investment and the only reason I did it was because I felt that everyone seemed super excited about the product they plan to build.

Would you say there is a general rule of thumb whether or not to invest in an ICO? What does your Due Diligence look like?
5  Economy / Economics / Re: Bitcoin or gold? on: July 02, 2017, 12:13:25 PM
Quote from: Harriti on July 02, 2017, 10:47:46 AM
I will choose both, 60% invest to Bitcoin and Altcoin for long-term, 40% invest to Gold and see it as a saving money long-term, maybe come to end of life Grin
The reason I use more money to invest cryptocurrency because it have more potential now and can make a huge profit with 1-5 years. With Gold, Gold can growth but slow than Crypto because it stable and can't market fluctuations as crypto in present Smiley

I agree with you and I think that's a smart approach. Especially since we might face a major economic crisis within the next 2-3 years and Gold price has the potential to skyrocket in that case and whereas downside is relatively low.
6  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Looking for a team on: July 02, 2017, 12:03:34 PM
Hi I am a programmer myself and would be interested in knowing what exactly you need. Any further information is appreciated. PM me.

Thanks
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