I’ve been investing in the exchanges for a while now. And, I wabnt to get my feet wet in ICO investing. My plan is to start investing in 1 ICO every 2 weeks starting January of next year. So, with that said, I am gonna start small and only invest maybe $200 max per ICO (mostly from the interest gained with my other investments in Crypto; I am gonna try to avoid paying out of pocket as much as possible initially until I have more experience).
With that said, I am not quite sure where to start. Usually, I invest in coins trading in the cents on exchanges based on the folkowing criteria:
- purpose: Why does the coin exist?)
- White paper: What’s the plan and vision for this coin?)
- Team: Who are the guys behind it? What’s theircexpertise?
- Roadmap: Wgat’s the roadmap for this coin?
- Community: does the coin have a decent community?
- Do I understand it: Do I understand what I am investing in?
Pretty standard stuff, I know. But what do I have to look at when deciding whether to invest in an ICO (that I didn’t mention)?
Thanks for the info
You made all the spots bud
And I actually got something from you, got some idea on how to check good ICO. I also consider if the ICO or the project it self will support huge community rather than small community that will eventually vanished