DNotesEDU has written the
Cryptocurrency & ICO Screening Guide for Investors to help reduce the risk of loss and/or fraud when choosing which currency or token to invest in.
This guide is for those who are interested in investing in cryptocurrencies or ICO tokens, understand that it is high risk, but have no idea what to look for in the 1500 coins and tokens available. It is not intended as financial or investment advice, and does not make any specific recommendations. Its purpose is to give you an idea on what information you need to find, where to find it, what it may mean, and potential questions you need to get answers for. It is not a set of rigid rules, and there are always exceptions, but if a coin you are researching has too many red flags, you may want to look elsewhere.
This guide isn’t based on proven investment theory, rather it is an observation based compilation of what we have witnessed within the industry over the last 4+ years. Think of this as some of the missing parts to the standard advice of “do your own research”. Never accept a buy recommendation from anyone at face value – educate yourself, and always make your own decisions.
First of all, are you investing or gambling? If all you are looking for is to actively trade the wild volatility, or to gamble that there will be a greater fool than you willing to buy a bag of hot air off of you, this guide doesn’t apply. If you are worried about being that ‘greater fool’ yourself, then you should definitely read this guide.
Investing in cryptocurrency is different than investing in the shares of a company. Honest cryptocurrencies have a different distribution method and philosophy. They should have been both fairly and widely distributed at launch and beyond, through mining, giveaways, bounties, contests, etc. They have been built by a community of people that believe in the project, with the door open to anyone wanting to join and help with the success of the project.
You can read the guide here -
https://dnotesedu.com/2018/02/cryptocurrency-ico-screening-guide-for-investors/
