Are you picky with ICOs?

[DariaPT]

You have to be super picky as there is so much noise out there these days. People say: "this is scam, that is scam" sometimes only because they don't like the project. Sometimes even legit projects don't take off, get derailed or bogged down.

Find a project that actually NEEDS blockchain to function. Join the telegram, talk with the founders. Check their minimum viable product. If they are selling vaporware or whitepaper your coins and you could be much happier someplace else. 

That's smart! Yes - once the project does not have at least some product prototype where functionality is clear and working, I would suggest not even consider as a candidate for investment - tons of crap around

[macchiato]

It is not really called being "picky" but being wise. You definitely would not want to put your investments into garbage right? That is the main reason that you must scrutinize the ICO you are about to invest not only your money but also your time. Before trusting them with your money, make sure that they pass your criteria for authenticity and success. The right term is being wise, not picky. 

[Hermes Mercury]

Yes, I try to understand the maximum of the project, the future possibilities, the marketing dynamics, the opinions, we have to prioritize our profits.

[johnleo]

Yes we should. If not our money will loss. I use to pick any ICO with real product, it make me feel more safe than the others ICO. 

[dangdangdang]

Having a good core team will label and ICO a good one. sometimes you can notice it in their white papers, if you're familiar with white papers, you're going to read it and every ICO has unique white papers and if there's an ICO that the white paper is almost the same with the older one then they have the chance as being scammers.
And also the core team shall have some minor awards and achievements, you can search their names in social media if they're building their name on the internet..
There's a lot of ways on how to check if an ICO deserves your investments and me myself is doing those research every time I'm going to join their bounty campaigns and investing.

[btcdepo]

But the fair answer is yes - you should be picky - there are hundreds of ICOs and it is hard to make right choices

Investors should be picky when investing in something that they want to make money on because they should be wanting to make as much money as possible.

As an investor we do really have concern on our money that we would tend to put on a certain investment.As a sensible one we do normally search up things related on a certain project if it would be a potential or good choice to invest on or not. The thing would really be hard is on selecting which one of them because there are lots of ICO now and choosing would really be a tough job.

Not only the investor need to pay attention the growth and the trust of ICOs. We are the worker, no one wants to promotes scammer project. Not only it affects our trust in this forum (account), it still makes many people lose money in scam project.

exactly! you are either an investor or bounty hunter, you have to choose your projects very carefully as you put your resources in both cases, either money or time.

That is a good insight! No matter who you are and what you are doing in crypto currency market, you have to be selective. If you don't what happens? If you are an investor you lose your money, if you are a bounty hunter then you lose your time which I cannot think of anything worse. So always search about project, team, their investors and then decide.

[Ertetert]

Good team and good marketing - good investment.
Good team and bad marketing - good long term investment.
Bad team and good marketing - risky short term investment.
Bad team, bad marketing - good topic to trashtalk on this forum.

[barlo357]

Yes. And you should be. Because not all ICOs have the potential to grow. Some are really weak and have no future.

[Charg]

It's Best to complete the research!

[Prodigan786]

Yes I am completely picky about Ico now a days I am participating Ico after ore sale statistics currently spectre.ai looks good in pre sale they collected more than 6 million and Ico will be success for sure.

[tranle789]

Yes I am completely picky about Ico now a days I am participating Ico after ore sale statistics currently spectre.ai looks good in pre sale they collected more than 6 million and Ico will be success for sure.

I agree with you . SPECTER is a potential ICO project and will definitely grow as soon as it is listed on major exchanges. I think SPEC will have a new revolution in trading and may have very high prices in the near future

[trk]

What do you mean picky LOL
We have to be selective when choosing ICO because the risk is so high
So many failed and scam project

[Synaesthesia]

No. I'm not. Before invest in ICOs, I usually join their bounty to understand clearly about their projects. After that, I will consider buy their tokens if it is good.

[Gloria_16]

Of course, it is very important to choose the right project in which you are going to invest, otherwise you can spend time on garbage and miss important.

[feelideb]

Of course I am. Before I part with my money, I want to see working product or service. I want see competence and do dedication. And above all I want to see clear direction of where the project is heading!

[zurc]

Are you picky with ICOs?

Yes and I guess everyone does it. I only choose those who have a good roadmaps, dev team, partners and especially a higher impact in the markets. Some of ICOs now are scam so you need to research before joining.

[左]

It's necessary to pick and choose carefully unless you don't care about losing your money.
I see a lot of ico's doing bad nowadays, only the strong will survive.

[CaptainKid]

There are a lot of statements and comments, and all of them are correct! In this area (projects, ICO, crypto-currencies, etc.) it is not possible to be not picky, as this is a way of earning for many people!

[Buttercup123]

Being picky is at times good, specially when dealing with currency. Choosing the right ICO to invest with will surely make your money grow, but many cases there are scammers like in this world of Cryptocurrencies. One can not know whether to engage in a trade and earn some money in return. One can only hope he or she is not in the danger of loosing his/her money. So being picky is not an argument, trust is what matters. Trusting the ICO to grow and earning good amount of money in return. Being picky with ICOs is good specially when you are looking, investigating and studying the developer/s, past history (Projects), market goals (mission or purpose of ICO) and other stuffs to consider before trusting the ICO and investing in it.

[BitcoinNational]

No. I'm not. Before invest in ICOs, I usually join their bounty to understand clearly about their projects. After that, I will consider buy their tokens if it is good.

Do you really have to join their bounty to understand the project?

I, personnaly, prefer being picky and choose carefully. I am sure it avoid me losing my time.
Of course, it can be long sometime to read and make research, but it's better than making a mistake.