Every person that I know who invested in ICOs seems to be always following the same pattern:
If the ICO has well recognised team members, who have LinkedIn, twitter, Facebook and are known in their industry then it's safe to invest.
If the ICO doesn't have a PERCEIVED good team, if the team is made by 'youngsters', people with no industry experience who may have the necessary knowledge then it's not good to invest. 'The project certainly has no chance' says a lot of them.
Could someone tell me why we underrate young people, especially those below 30 years of age? I mean, look at most successful companies:
-Facebook - founded by university students (below 21 years of age)
-Google - founded by Larry Page and Sergery Bin both 25 years old
-Apple - founded by Steve Jobs at 20 years of age, and Steve Wozniak who was 25
-Microsoft - founded by Bill Gates at 20 years of age
-Amazon - founded by Bezos at 30 years old
-eBay - founded by Pierre Omidyar at 28 years old
-Ethereum - founded by a 20 years old Vitalik Buterin
-TRON Foundation - founded by a 28 years old Justin Sun
Should we go further?
-Dolce & Gabbana - founded by Stefano Gabbana at 23 and Domenico Dolce at 27
-Barclays Bank - founded in 1690 by a 21 years old
-Rolex - founded by 2 brothers of 24
-Chanel - founded by Coco Chanel when she was 27
and the list goes on!
The reason we have so many sh*tcoins is because we have some oldies and grandpas who release a token, exchange everything to Ethereum asap and token dies because nobody cares about the project. Where is the dedication? They do not contribute to the vision of the Blockchain and the only reason they exist is because some investors decide to go with them, unvisionary people who call themselves "innovative". Those old guys who are master of manipulation and know what to tell you even if that means lying to change your opinion about them.
Before you throw words, no, I don't have an ICO and I didn't have an ICO. It's just observation. Invest in the young & innovation because they are in grade to build the future for the next generations!