This is a warning to all newbies that seek help from ico rating websites when they are looking for projects to invest money on..

Facts
- You have good money to pay? you will get good rating on the platform, this is the way of ico rating websites
- Good projects can get bad rating on them, and that doesn't mean they are bad project..

For example, you must have been hearing about how successful gowithmi project was right? check out the rating on icobench using the link below.

https://icobench.com/ico/gowithmi

The score is 3.3 where as projects that have better rating turned scam as well, all i am saying is its better to rely more on your own research and not rating.

Back in 2017, many ICO projects pride themselves of having one of the biggest telegram community. Some of them would market it as a proof or sign that many investors believe in their project. People who have been around all know that most members there are airdrop/bounty hunters who only joined to qualify for the reward.

I also saw one post earlier asking for telegram group members and one of the condition the buyer posted is that it "needs to look real".

Anyway, this post is just a reminder to beginners in crypto. We don't want you to fall for these tricks to lure you into investing into their projects.

How to choose a good investment project
I understand that many of us do not suggest investing in ICO but I have to say not every ICO scam, invest in IEO no matter  the  exchange is, it is better than investing in ICO.
However, these steps help to judge the project.
1.   The team behind the project, it is extremely important to see who guides the project, experiments, are they able to implement the road map.
2.   The idea of the project, what the project solve, is the project can change something or introduce something new.
3.   What has been done and are there any steps the team is taking to prove credibility.
4.   Is the project is ICO or IEO, IEO will be better.
5.   How many exchanges the project listing.
6.   The type of the exchanges(however this is not issues as some project cannot go with top exchanges, top exchanges required a lot money).
7-     check (twitter, facebook, telegram, website metrics).
8-     It will be good if the project has ann on bitcointalk forum.
9-     Pay attention to what the team promised, it should not be far from reality or promises to enrich or quick profit (such as 200% profit).
10-   Look for old project in the market at least 3 month old.

Right now the market situation is not so much to make any predictions but can do some experiment at our own risk by investing into altcoin.

But if we have to try something different by investing into a new altcoin which has caliber to perform well rather than investing on a reputed altcoins like Ethereum.  Kindly suggest which would be the best altcoin to invest which is under $1.

What is your favorite project these days?

I think Ethereum it's the best project. haha

There will be projects in various fields,
1. Please tell me your favorite project.
2. Recently, let me know what you think is the best project and what the area of the project is.

Any interesting stories to pass the time while we wait for the next boom?

So regarding the fact that what it takes to create a token for example an ERC 20, i ahve found a gig on Fiverr.
Check the link.
https://www.fiverr.com/wedowo/create-your-ico-website-and-erc20-token?context_referrer=search_gigs&source=top-bar&ref_ctx_id=34a69322-cdbf-40a4-98e6-b9f51a1be52f&pckg_id=1&pos=3&context_type=auto&funnel=657f18cb-30b9-4ede-a7f7-139b402768ed

Seller is creating an ICO website as well as the token for just 50$. So your basic invetsment is 50$, Now you just need to do marketing by just making a telegram group and launching a scam bounty scheme and give members greed to give 10% commissions. And you are ready to scam people.
People choose these scammers to scam them and thats all. Not saying that all of the tokens are of this type but most of them are of indeed.

I also like the short-term investments in crypto. Because short-term investments are not too risky to cause harm.But I also play long-term investments for certain altcoins Like Bitcoin, ETH, BNB, LTC and BCH. For short-term investments I play for altcoins which price below $1.

Peer to peer means that the middleman in today’s traditional
transaction could disappear if cryptocurrencies revolutionize money.

Cryptocurrencies, in fact, represent a vote of no confidence in the policies
of central banks and government monopoly of money. These ‘peers’ see central
banks as consistently devaluing money through currencies that aren’t backed by anything
but government promises.

But what if the money revolution succeeds?

As in any revolution, today’s top dogs have the most to lose.

No doubt bnb is already the king of its category which is exchange based tokens and i do not see anyother exchange based token to come even close to what bnb has become today, i think bnb and binance will maintain this dominancy untill they are popular and they are able to maintain their userbase and volume growth.

We have already 3000 altcoins with us and for me, the hottest coins are the top coins too. Coins that are presented on the best exchanges.  In the world of crypto currencies, the amount of profit that can be earned is most important thing. We all know the names of best altcoins. In my honest opinion, no altcoin is as hot as bitcoin. I hope some of them at least try to be like it. BNB is famous nowadays.

Everybody knows that BNB is one of the best coins in the market, I hope it is impossible for BNB to become king of all coins, even though we see active developments from the team but at the same time we are seeing active developments from the other potential coins. Of course, BNB will dominate the market, but it will not become the king of all coins.

Lets just not also forget that those old coins are the whole reason why new coins stand any chance to survive or even come to existence. But there was no coin available to support bitcoin. Even ethereum had the support bitcoin. These have earned their present status after a lot of struggle and coming over hurdles. Any new coin with a good potential will definitely get success with time. Big achievements demand perseverance.

The biggest mistakes developers make that leads to bad ending for many projects are

1. Huge Discounts
Many new projects are still making this mistake over and over again, huge discounts like 50% is insane and it always bother me how the hell the early buyers won't end up dumping since they have already see big profits.

2. Lack Of Solid Products and Ideas
Lack of working products and real use cases is why many investors are not taking new projects very seriously, no one would want to hold such tokens or coins for long, developers need to start working on how their project's token or coin will be very demanding throughout the globe

3. Bad Exchanges
Imagine new projects that make over millions of dollars in ico or ieo and end up listing on bad exchanges with no enough volume, what do they expect to happen?

i have got around $1500 to invest in coins which coins do you guys suggest to invest in for quick money ? a year ago I have invested in STRAT and Sia and I lost big amounts and regret investing in those coins.

I'm thinking of investing $1k into BTC as its low risk but I would like to risk the the other $500 with a coin that I can make quick money with it

Well if i were an investor, i would rather not invest on IEOs since most of the IEOs were done on shitty exchanges so, i rather invest it on altcoins than invest it in IEOs even though that there still good projects but i feel that it will not prosper i don't know anyway, i just don't like to invest on IEOs

but these are my exchange to stay away from.

1. LAtoken
2. Yobit due to pump and dump exchange

The market for Altcoins has been bad recently, and many Altcoins have died and lost a lot of money. What kind of Altcoins do you think will die?thanks for sharing

Hi there,

rather new to crypto. Currently looking at Insight Chain (http://www.insightchain.io/ & https://coinmarketcap.com/currencies/insight-chain/).

Now this smells like a shitcoin (pump and dump), but (as a noob) I can't really put my finger on why this is the case. There's a website, whitepaper, twitter account, etc. But all what they are saying doesn't make much sense, though not being a blockchain expert, I might simply not understand what they are saying.

To some more experienced cryptofans out there: How would you go about deciding whether an altcoin is a shitcoin (ideally using the example of Insight Chain)?

Thanks!