Investment in New ICO

[aagaasi]

How far is it safe to invest in new crypto currencies, I mean what factors to look in them?

[quyethuynh]

How far is it safe to invest in new crypto currencies, I mean what factors to look in them?

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Currently, many ICO projects are scam. You should check carefully on a project development team is the best.

Ex, Kyper network have the contribution of Vitalik Buterin.

[DenGreen910]

 There are some much different advices and opinions. How do you check all these projects, guys? I just found Omega One and Confideal. Last should be interesting due to usual people orientation.  I was a big fun of red pulse but by now its too sad. 

[andrew24p]

99 percent of ICOs are scams primarily because of the amount of money they raise. They arent worth the millions of dollars they are raising when a venture capitalist wouldnt even give them a couple hundred thousand. The majority arent good idea and are going to fail.

[dutchkay]

There is no way to know good ICOs, some good ones have already been abandoned by their dev teams. Some used their raised money and went for vacations. If you have money to invest just go ahead and  pray it hits exchanges so you can make  at least your capital back. ICOs are now being abused.

[squatz1]

How far is it safe to invest in new crypto currencies, I mean what factors to look in them?

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Currently, many ICO projects are scam. You should check carefully on a project development team is the best.

Ex, Kyper network have the contribution of Vitalik Buterin.

This right here, and if the ICO's aren't an outright scam they're simply just something that MAY seem good at the time but it's just going to end up being a shitcoin with no use other theen filling the pockets of the core team of 'developers' who premined / instamined the shit out of the coin in the start of it.

99 percent of ICOs are scams primarily because of the amount of money they raise. They arent worth the millions of dollars they are raising when a venture capitalist wouldnt even give them a couple hundred thousand. The majority arent good idea and are going to fail.

This as well, if they really wanted to make some money with their idea they'd go to the people with the money and the massive business connections.

Avoid ALL ICOS

[richminded]

How far is it safe to invest in new crypto currencies, I mean what factors to look in them?

A lot of ICOs are scams so you have to be more careful when joining ICOs. Personally one of the factors that i consider when joining ICOs is if the manager is very respective then there’s a chance that ICOs are surely legit but of course you still have to make your study regarding on the project.

[panju1]

How far is it safe to invest in new crypto currencies, I mean what factors to look in them?

If you are a newbie, avoid them like the plague. There is no point in taking such undue risks when you are just starting out. The better approach would be to buy bitcoins, put them in cold storage and watch the value appreciate.

[gajebo]

How far is it safe to invest in new crypto currencies, I mean what factors to look in them?

many factors and always at risk. but I think it requires knowledge and experience. you will know if you have the knowledge and experience. you will determine what steps you will take. so I think you only need to learn about ico.

[currt]

How far is it safe to invest in new crypto currencies, I mean what factors to look in them?

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Currently, many ICO projects are scam. You should check carefully on a project development team is the best.

Ex, Kyper network have the contribution of Vitalik Buterin.

what did you think is the best way to check if an ICO could be trustable?

[fr4nkthetank]

How far is it safe to invest in new crypto currencies, I mean what factors to look in them?

---
Currently, many ICO projects are scam. You should check carefully on a project development team is the best.

Ex, Kyper network have the contribution of Vitalik Buterin.

what did you think is the best way to check if an ICO could be trustable?

There really isn't one.  If someone is soliciting investments, then they should be situated in a good jurisdiction that has good investor laws and they should be registered to the securities regulator, have a prospectus/whitepaper, etc.  its all a grey area now.

[currt]

as prospectus you mean the road map or a sort of brochure about the project/token?

[XbladeX]

****

To be fair, not all ICO are scam project
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the reality is that 9/10 startups fails... and another 9/10 will fail in next five years.
And we are talking about people who don't want SCAM YOU but want make something.
When we add to all amout of scam in ICO people who don't give a shit after ICO to investor then man...
Investing in ICO is extremly riski if you invest not gamble for flip.

[shursight]

Dont do this mate, you are probably going to lose your money if you invest in one of those models.
A lot of ico's are only raising money to prepare for the fork on october, so they can get free bitcoingold after the fork is done, the same happened on August.
take care of your bitcoins, ethereums, and all the cryptos you have, because nowadays's founders are so greedy and they want your bitcoins at all costs.
It is better to invest in some coins that are already listed on some trustable exchanges.

[fr4nkthetank]

well a whitepaper can be considered similar to a prospectus.  A real prospectus is what you have for a proper and legal investment, like buying a bond, etc.  To be somewhat legal, any ICO would have to solicit investments by accredited investors (rich people) only, and not the general public.  but its such a grey area, its hard to know what is what.

[btvGainer]

How far is it safe to invest in new crypto currencies, I mean what factors to look in them?

You should move this thread to Altcoin discussion section

[2double0]

How far is it safe to invest in new crypto currencies, I mean what factors to look in them?

Certain things to look for, if you are interested in ICO investments:
- Don't look for those which are either using big percentages of their distributable coins in Airdrops and/or some referral schemes (like Authorship did, that's my personal experience, and the worst one).
- Check the legitimacy of owners as well as the project, try to find someone who lives at the places these guys are from (hopefully social media could help) and ask them if they could help verify that for you (one of the toughest tasks).
- Look that they have hard cap because such ICOs with a stop are reliable.
- Try to find as much information about their future plans as possible, and don't fall for bigger discounts because I feel that those big-discount ICOs are just trying to allure you with their schemes and they are actually selling their tokens at the rates they "really" need to work out and/or scam away.

[GUI_Center]

Certain things to look for, if you are interested in ICO investments:
- Don't look for those which are either using big percentages of their distributable coins in Airdrops and/or some referral schemes (like Authorship did, that's my personal experience, and the worst one).
- Check the legitimacy of owners as well as the project, try to find someone who lives at the places these guys are from (hopefully social media could help) and ask them if they could help verify that for you (one of the toughest tasks).
- Look that they have hard cap because such ICOs with a stop are reliable.
- Try to find as much information about their future plans as possible, and don't fall for bigger discounts because I feel that those big-discount ICOs are just trying to allure you with their schemes and they are actually selling their tokens at the rates they "really" need to work out and/or scam away.

This is great advice. Anyone looking at ICO's should do their homework before they buy. You're investing money into something, don't get scammed or conned.

[Akash1243]

If you are going to invest in an new ICO, firstly make sure that the ICO is real because many of the ICOs are fake or scam,this is the one of the main reasons why China banned ICOs.I think that investing in ICOs are hard as many of them are just scam, to raise bitcoins for the fork and some of ICOs which are legitimate are not that good coins so making profits not of ICOs is a bit of a hardwork as to find a good legit coin.And dont fall for the scam coins.

[mdgabrielzim]

I always look at some points.
1. Project proposal.
2. Team that compooen the project. I always look at the references of the people who are part of the team.
3. Bonus campaign like signature, translation and others.
4. I always see if there are many people interested in the project (by the number of comments, by the rank of people, etc.)
5. Never throw yourself in a single ICO because the fall can be very large. All care and little when looking for new investments.