📌How to invest in ICO more safely? Checklist📌

[Ranyar]

Greetings, friends!
I spent 14 hours to writing and translating this article, and it covers all of my experience, starting in 2013 year. Please forgive me for my bad English. I hope that this article will be useful for each of you, friends.

Today I decided to collect all my experience related to crypto-investment in one article.
There is a lot of information and it is very voluminous, but I will try to present it more abstractly and briefly.
So, the security of crypto investment can be divided into two sections: technical and analytical. Do not neglect any of them. Perhaps for some of you these recommendations will seem obvious, but for sure everyone will find something useful for themselves, especially beginners.

Technical factors - storage and trading - where and how is the best?

📌Wallets. It is reasonable to store crypto-currencies on desktop and hardware wallets (something like Ledger). Sometimes it is not very convenient, but then nobody can "freeze" your savings and they will be controlled only by you. It is not necessary to store crypto-currencies in wallets with centralized control of funds. It is better to use the generally recognized opensource-wallets, which have already earned the trust of the community;

📌Backup. Never forget about backing up your wallet, for example wallet.dat files, pin codes and private keys! Perhaps, it's worth duplicating the backup copy in the cloud storage - but only in an encrypted form;

📌Operating system. To store crypto currency on desktop wallets, it is more reasonable and safer to use Linux operating systems, Ubuntu for example;

📌Passwords. Use complex passwords consisting of at least 8 characters (more characters are preferred), including numbers and letters of different registers. You can come up with a mnemonic rule to not forget such a complicated password. Additional security measures - using the on-screen keyboard to enter a password, as well as two-factor authentication;

📌Exchanges. When trading with crypto currency, try not to store large sums there, and transfer exactly the same amount of funds as you need to conduct a particular transaction, can with a small margin in case of a sharp change in the exchange rate. Why? Because many exchanges are unavailable at the most inopportune moment, and many are completely rapidly closed, while others are periodically the target of hacker attacks. Try not to use the services of centralized illegal exchanges without extreme necessity, especially those that have already proved themselves from the bad side (they were "hacked" or closed for a long period). It is better to use decentralized crypto-exchange exchanges, such as Bitshares and Etherdelta.

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[Ranyar]

Analytical factors - how to find a good project for investment?

Before investing in the next ICO, look at this list and ask yourself the following questions:

📌Does the ICO site use the https protocol? If the team did not bother to install the SSL certificate, then what security for the project as a whole can there be?

📌How does the site look? What is the overall impression? Is it credible? Do not it look like it's made "on your knee"? Are the contact details given in full?

📌Is there a whitepaper on the site and how detailed is it? Today it is difficult to imagine, but there are sites without this element, which has already become a standard in the ICO industry. Is there a whitepaper in several of the most popular languages? If the team wants to collect the announced amount of investment, then it should count on users from different countries. What does the whitepaper look like? Is there enough information about the project and the rationale for entering the ICO, thereby ensuring future profit for investors? Is detailed business plan of the project and necessary technical details described? Less buzzwords, more digits.

📌How much money does the team plan to collect and why? It is good, if the whitepaper indicates the planned expense items of funds raised. Pay attention to how much money the team wants to attract. Now, some projects call huge sums only from greed, and they do not really need funds in such quantity to realize their plans. It's some difficult to spend a few millions of dollars at once, and keeping them in one crypto currency is unsafe because of high volatility, so it's good if the team mentions in whitepaper some way of diversifying the funds raised for their greater safety.

📌What problem does the project solve? Will it be useful for millions of people from around the world, will it solve their problems? Does we implement the project in general? It should not be a "space elevator", but not a "another chat" - there should be a golden mean between the benefit and ambitiousness of the project. Sometimes it's good if the project is somehow connected with the real economy and offline business, but not always. Here the main criterion is the economic feasibility of the project and the certainty that it will be in demand. Also, it is worth paying attention to projects that expand the infrastructure and make BTC and ETH work better/faster. It's reasonable to avoid projects where the blockchain is not at all necessary and "pulled by the ears" - it is very likely that in such cases the team often simply wants to raise money.

📌Does the project have competitors? Now there are very few truly revolutionary ideas, and most ICO projects are only skilful integration of existing products with a blockchain-ecosystem. It is good, if the project has at least 2-3 competitors or projects from the related field, and this is either successful projects, or those that are also at the stage of raising funds, or at least prototypes in the form of a classic business. Why is it important? Because if there are no competitors at all, then, most likely, there is no market, and such a product is not needed by anybody and is economically unprofitable. Either this is a brilliant new idea, but such a chance is much less likely.

📌Are bonuses for early investors on pre-ICO is not too high? In some ICO projects, teams offer huge bonuses to attract early investors. If you managed to get into their number - you are lucky. If you do not have time and the ICO bonus differs significantly from the presale bonus - it's better not to invest in this project, but you can buy tokens on the stock exchange. Why? It often happens that early investors sell tokens immediately after entering the exchanges and receive instant profit at the expense of big discounts with which they bought tokens, and the rate falls 2-3 times from the price of ICO.

📌Is the maximum amount of funds (Hard Cap) limited? If not, then this is an alarm signal. If the project collects too much money (as much as it does not need to achieve the stated business goals), then it simply has nowhere to grow. Capitalization of the project can easily grow from $ 10 million to $ 100 millions in next time, but from $ 100 millions to $ 1 billion - it is much more difficult. Such projects sometimes become financially sluggish, and the team is losing motivation - why go on working hard and develop the project if you have already collected more money than you can spend? Also, pay attention to the total number of tokens - it should not be too large.

📌Is the initial price of tokens is not too high? And what is it generally justified? The smaller the initial price of tokens, the higher the "psychological" growth potential. Agree that it is much easier to grow a token from 10 cents to 1 dollar (x10 growth) than, for example, from 10 dollars to 100 (the same x10 growth);

📌Will the project team gradually buy tokens from exchanges? A good practice is if, after the completion of the ICO, the company plans to gradually buy out its issued tokens back from the exchanges, using part of the profit for each specific period of time. Due to this, the rate of the token can grow.

📌How will the tokens be used in project? What are they for and do they really need in reality? It is good, if the token is really necessary for the project's work, and it contains a certain scheme of its value growth. If the token is used only to attract investment, then the team should have a clear plan of how exactly it will bring profit to investors. A common option is to charge "dividends" for tokens once in a certain period. Thus, the company will share part of the profit with the holders of the tokens and will be attractive to investments. Sometimes for many early investors this is a good way to get some passive income if the project is successful in the future.

📌Does the project team looks trust? Ideally, these people should be experts in their field, who already have the experience of successful implementation of IT-projects. Equally important is the balance in the team between the number of technical specialists and managers/marketers. If there are only "sellers" in the team, then they can give the development to outsourcing and this is not always good. If the team is one of the developers, then there may be problems with sales and promotion of the ICO project and with the attraction of investments.

📌How open is the project to the community? Look, is there a source code for a smart contract for github? Is there any statistics on the volume of attracted investments in real time and what information about this is on ehterscan? The larger the number of investors - the more likely the tokens will be distributed evenly and the less volatile will be the token rate after entering the crypto-exchanges.

📌Has the project been financially and technically audited? Some teams are attracted by independent audit agencies, as well as information security specialists (or announces an additional bounty campaign to search for bugs and vulnerabilities) to increase the credibility of their projects by potential investors. After this, the team can publish short results of such studies on the site of its ICO project and in whitepaper.

📌Does the team have a working prototype of the project? The short history of ICO contains many examples where talented teams attracted investment only for the landing-page and mocups of the future project, but the scam among such projects is usually even greater. If the team has at least a minimum workable product (MVP) - then this is already a good sign to think about investing in the project. If the team already has a successful IT-project, and they just want to integrate it with the blockchain ecosystem and raise additional funds to expand the business and enter new markets, then this is also a good sign.

📌Does the project have advisors? If not - then this is an alarming sign. If there is, it's already good, but it's worth looking closely - what kind of people are they? It's great if they are recognized leaders of the blockchain industry, but far from all projects can boast the support of such people. For small projects, there will be enough support from good recognized experts with a large profile background.

📌Are venture funds interested in the project? If there is an official information about investments from some well-known venture investors or "business angels", this means that this ICO project has certainly undergone a thorough audit by people who are willing to invest in the project really big money and believe in its successful future.

📌Does the project have a detailed roadmap? Look at the whitepaper, at what stages is the implementation of the project broken, do the timelines look realistic? What exactly and for how long is the team going to implement and how soon will MVP be ready (if already not)? Remember that the faster the team realizes its business plan, the faster the project will start to make a profit and the sooner tokens will start to grow in price.

📌Milestone and the team's step-by-step reward. Some teams lose motivation to work hard after successful fundraising, so a good tone is considered if the additional token remuneration of the team is broken into several specific stages related to the previous point - the road map. Very cool, if the holders of tokens can somehow vote for whether the next stage is implemented or not. An alternative option is to keep borrowed funds from an independent organization (escrow), which partially gives funds to the team after each milestone implementation. In this case, the team receives its tokens only after the successful completion of the next stage of project development. The more intermediate stages, the better, because the team will not be able to immediately sell a large number of its tokens on the exchange, negatively affecting the price of the tokens.

📌What is the news background for the project? How often does the team upload news and articles about its project in social networks and on profile news portals? How do these news react to recognized crypto-investors and blockchain specialists? Are there extensive reviews on this ICO project on the well-known crypto-news portals? What about it is written by independent rating agencies and ICO calendars? Is there a real, rather than twisted, hype around the project?

[l10no]

wow this is a really helpful explanation for the investors, thanks for that, I think this thread deserves an additional merit because this is really very helpful, but for a good ICO I judge the current project is daneel.io, ICO will started in january 29, I think daneel is a good project, what do you think? if you think this is good, i suggest you also join in it
www.danee.io

[Ranyar]

wow this is a really helpful explanation for the investors, thanks for that, I think this thread deserves an additional merit because this is really very helpful, but for a good ICO I judge the current project is daneel.io, ICO will started in january 29, I think daneel is a good project, what do you think? if you think this is good, i suggest you also join in it
www.danee.io

Thank you! I'm glad that you liked my article.
More merit, you say? Yes, I would be very happy if at least someone gave me some "merits" for this article. I spent about 14 hours writing and translating the article and was very tired
As for the ICO of which you spoke, I will analyze it when I rest a little. Thanks for the link.

[ElizaZX]

You posted very useful information. I would advise to contact a moderator. Perhaps they would agree to consolidate your topic in Section "For beginners" in terms of the use of money to ICO

[Ranyar]

You posted very useful information. I would advise to contact a moderator. Perhaps they would agree to consolidate your topic in Section "For beginners" in terms of the use of money to ICO

Thank you for your advice!
Please tell me which moderator I should contact about this question? Tell me please moderator nickname on the forum if you know.

[ico_reviews]

It's always smart to check ICO reviews & ratings before investing.

www.cryptorated.com

Is a good start. It shows popular ICOs, market trends, coin analysis.

Check the ICO Review pipeline for the top most popular ICOs

https://cryptorated.com/ico-request-pipeline/

Good luck!

[Ranyar]

It's always smart to check ICO reviews & ratings before investing.

www.cryptorated.com

Is a good start. It shows popular ICOs, market trends, coin analysis.

Check the ICO Review pipeline for the top most popular ICOs

https://cryptorated.com/ico-request-pipeline/

Good luck!

Thank you for the link, I think that this will also be useful for beginners. It is always necessary to consider several different sources before investing.

[Stavrido]

It's always smart to check ICO reviews & ratings before investing.

www.cryptorated.com

Is a good start. It shows popular ICOs, market trends, coin analysis.

Check the ICO Review pipeline for the top most popular ICOs

https://cryptorated.com/ico-request-pipeline/

Good luck!

Thank you for the link, I think that this will also be useful for beginners. It is always necessary to consider several different sources before investing.

Wow! I can not often find such a great post, dude!
Honestly, the first part about technical factors did not surprise me - for me these items were pretty obvious. But the second part of your article made me think seriously and really liked me. Thank you man! I think that now I can invest a little more consciously than by the principle of "pay and pray." It seems you are very tired while writing all this text. Perhaps I will thank you and send some of these newfangled "merits". I do not really understand why they are needed and I hope that the forum admins will soon remove this innovation and return everything as it was.
But if you need to thank someone for something, then your article is a good example. Good luck guy!

[chesatochi]

This is a great list of checkpoints to start your investigation for any ICOs out there. Doing your own investigation can help you to make better investment decisions and avoid to lose too much money.

I save your thread to Pocket for further reference.

[Igorgnome]

Thank you. It is very high quality and useful publication. I'm sure it will help many good people to avoid many mistakes.

[Ranyar]

This is a great list of checkpoints to start your investigation for any ICOs out there. Doing your own investigation can help you to make better investment decisions and avoid to lose too much money.

I save your thread to Pocket for further reference.

Thank you. It is very high quality and useful publication. I'm sure it will help many good people to avoid many mistakes.

Many thanks to you, friends! The best praise is kind words from grateful readers. Maybe you know how I could supplement my check-list?

P.S. And special thanks to chesatochi for generous gratitude in the form of several "merits"!

[Monro3000]

An interesting topic. Often indicate that the presence of observers is good. But regarding the observers themselves. When I read the information on them, I see a lot of positive information and good feedback on their work. But these people almost do not affect the project. Even if they make comments to the developer company, it will not be the problem statement, but simply a recommendation. According to its meaning, it does not mean anything.

[mai_ngoc]

Thank you for your post. It's  quite useful for "beginer".

[lmoe23]

thank you for a great post.

some of the articles you've mentioned are answered in the arcblock.

Much better also if you would check ICO's listed here, there are ratings that you can check and comments by some users.

https://icodrops.com/

[Ranyar]

An interesting topic. Often indicate that the presence of observers is good. But regarding the observers themselves. When I read the information on them, I see a lot of positive information and good feedback on their work. But these people almost do not affect the project. Even if they make comments to the developer company, it will not be the problem statement, but simply a recommendation. According to its meaning, it does not mean anything.

I think that not always "observers" and "advisors" mean the same thing.
If the project has really good eminent advisors who have extensive experience in relevant areas - they are unlikely to risk their reputation by associating with a potentially bad project. In addition, good advisers can help to avoid starting novice entrepreneurs with some common typical mistakes.

[AlexaSonda]

Experience is the ultimate teacher in life and you have presented it perfectly in this post. I've had so much read that post about how to invest safely, but this is the most I understand. The information you provide very detailed and very helpful to be suggestions find safe ico, where I will invest there later. Thank you, I appreciate you.

[topesis]

Nice post, and I am really glad people are getting themselves educated before investing in the space, alot of these projects have taken advantage of investors in the space having no hardcap, just look at Mobilego for example another salient point you raised that I like is the bonus structure, I learn mt learn when I invested into SONM, the pre-sale bonus and the ICO bonus was very huge.
There is no need to jump on FOMO because there will always be another good project to invest into

[BigBoy89]

I like your list, it's very well written.

Just a notice on passwords:

"📌Passwords. Use complex passwords consisting of at least 8 characters (more characters are preferred), including numbers and letters of different registers. You can come up with a mnemonic rule to not forget such a complicated password. Additional security measures - using the on-screen keyboard to enter a password, as well as two-factor authentication;"

IMO 3-4 random word password is much more secure and easier to remember than 8-10 random chars like ZA|KJd03@d0

[Ranyar]

I like your list, it's very well written.

Just a notice on passwords:

"📌Passwords. Use complex passwords consisting of at least 8 characters (more characters are preferred), including numbers and letters of different registers. You can come up with a mnemonic rule to not forget such a complicated password. Additional security measures - using the on-screen keyboard to enter a password, as well as two-factor authentication;"

IMO 3-4 random word password is much more secure and easier to remember than 8-10 random chars like ZA|KJd03@d0

Thank you for your valuable comments about the passwords. I'm glad that some of the commentators have something useful that can be added to my list. Thank you.

[Mohamme]

Indeed, this is a useful post for beginners, because most beginners don't know what ICO is.
They only know that ICO can make a profit, so this post can help them understand ICO, better choose ICO and guarantee the security of their tokens.

[Ranyar]

Indeed, this is a useful post for beginners, because most beginners don't know what ICO is.
They only know that ICO can make a profit, so this post can help them understand ICO, better choose ICO and guarantee the security of their tokens.

I think that my list of analytical factors for the evaluation of ICO is useful not only for beginners, but also for investors with certain experience.
The checklist is useful at least in the fact that many non-obvious things are collected in one place, and each item came with experience.

[Mohamme]

Indeed, this is a useful post for beginners, because most beginners don't know what ICO is.
They only know that ICO can make a profit, so this post can help them understand ICO, better choose ICO and guarantee the security of their tokens.

I think that my list of analytical factors for the evaluation of ICO is useful not only for beginners, but also for investors with certain experience.
The checklist is useful at least in the fact that many non-obvious things are collected in one place, and each item came with experience.

Yes, as you said, it's a good post.
I think you should be able to popularize the erc20 wallet and various wallet formats, because many new players will always transfer tokens from the exchange to the wrong address.

[Ranyar]

Indeed, this is a useful post for beginners, because most beginners don't know what ICO is.
They only know that ICO can make a profit, so this post can help them understand ICO, better choose ICO and guarantee the security of their tokens.

I think that my list of analytical factors for the evaluation of ICO is useful not only for beginners, but also for investors with certain experience.
The checklist is useful at least in the fact that many non-obvious things are collected in one place, and each item came with experience.

Yes, as you said, it's a good post.
I think you should be able to popularize the erc20 wallet and various wallet formats, because many new players will always transfer tokens from the exchange to the wrong address.

This is a valuable comment, thank you.
In spite of the fact that in the rules of many ICO it is written that it is impossible to send the air directly from stock exchanges, people still continue to do this and remain with nothing. Perhaps, I will add this remark to the next edition of my check-list.

[btcbringer]

thanks for sharing, but i think the main problem at present is that good projects are all sold to the institutions, its hard for retail investors to participate in

[DIWtokencr]

The Checklist is very thorough and indeed helpful especially for one that is new to the cryptoworld and looking to invest in ICOs.
The checklist must be taken seriously if you invest in any ICO and be successful in investments.

[Ranyar]

The Checklist is very thorough and indeed helpful especially for one that is new to the cryptoworld and looking to invest in ICOs.
The checklist must be taken seriously if you invest in any ICO and be successful in investments.

Thank you! What do you think that I should add to this list in the next iteration when I again sit down for several hours to edit and add it?

[Murloc]

Thanks for you thread mate. It is a great idea to gather all that usefull tips in one place. I'm sure that such thread deserve to pinned. It will help newbs to save their money and will help the community to get rid of low quality / scam ICOs.

📌Operating system. To store crypto currency on desktop wallets, it is more reasonable and safer to use Linux operating systems, Ubuntu for example;

Can you pls explain me the point about Linux and why Windows is bad? It seems to be obvious because everyone  talk about it but I still haven't seen an explanation of that point and I don't know much about cubersecurity.
P.S. It may also seem obvious but I wou;d suggest to add a point about checking the  sources about the ICOs. For example to check if the team is real, find their Linkedin profiles and check for references. Also it is always good to check their twitter for fake followers.

[Bananiheller]

Thanks for you thread mate. It is a great idea to gather all that usefull tips in one place. I'm sure that such thread deserve to pinned. It will help newbs to save their money and will help the community to get rid of low quality / scam ICOs.

📌Operating system. To store crypto currency on desktop wallets, it is more reasonable and safer to use Linux operating systems, Ubuntu for example;

Can you pls explain me the point about Linux and why Windows is bad? It seems to be obvious because everyone  talk about it but I still haven't seen an explanation of that point and I don't know much about cubersecurity.
P.S. It may also seem obvious but I wou;d suggest to add a point about checking the  sources about the ICOs. For example to check if the team is real, find their Linkedin profiles and check for references. Also it is always good to check their twitter for fake followers.

I am also interested in this question. Many times I have heard this advice. Linux is difficult to learn. For this reason, most people use Windows when dealing with cryptocurrencies. If someone to explain in detail why this is so, I also think about changing the operating system.

[eosfaucet.com]

we cover news around ICO's everyday on our telegram channel:

https://t.me/globalblockchainnews

be sure to check it out

[bandar]

+ check the linkedins of the team.  Do they have any relevant experience prior to their ICO/crypto-time?  Who are they? 
+ Lots of marketing isn't a good thing.  ICO's that 'moon' the hardest are often the ones with good ideas flying relatively under the radar.
+ If a pre-ico is hyped too much, it probably won't be the best ico...

[Igorgnome]

Thanks for you thread mate. It is a great idea to gather all that usefull tips in one place. I'm sure that such thread deserve to pinned. It will help newbs to save their money and will help the community to get rid of low quality / scam ICOs.

📌Operating system. To store crypto currency on desktop wallets, it is more reasonable and safer to use Linux operating systems, Ubuntu for example;

Can you pls explain me the point about Linux and why Windows is bad? It seems to be obvious because everyone  talk about it but I still haven't seen an explanation of that point and I don't know much about cubersecurity.
P.S. It may also seem obvious but I wou;d suggest to add a point about checking the  sources about the ICOs. For example to check if the team is real, find their Linkedin profiles and check for references. Also it is always good to check their twitter for fake followers.

I am also interested in this question. Many times I have heard this advice. Linux is difficult to learn. For this reason, most people use Windows when dealing with cryptocurrencies. If someone to explain in detail why this is so, I also think about changing the operating system.

If you installing Windows need to download/buy a program to protect against viruses to keep your computer safe from hackers and malware. Linux has built-in security system. So I think it is not necessary to switch to Linux, you can just buy a good virus scan for Windows.

[VelVenueva]

For me, before to invest anything in ICO, I first do those things:
- check ICO idea;
- Is the Idea inovative and will it change something in the world;
- when the project will end (end day)
- who are in the team? Are they experts from different areas?

Probably for me, the last question is the most important, because if there are experts from different areas they will handle more eassily new unexpected thing when they occur durring the project.
 

[warning_btc]

First of all check ICO team its simply easy. If there is fakes then project scam.
You can contact with him and ask about project something

[ask]

try to buy only major coins and be aware of holding your coins-tokens at exchange. Buy a hardware wallet and forget your investments for years.
Enjoy your day time job and spend your time with your family.
Come back after few years and enjoy your earnings this is the safiest way to get profit in crypto

[Ranyar]

+ check the linkedins of the team.  Do they have any relevant experience prior to their ICO/crypto-time?  Who are they? 
+ Lots of marketing isn't a good thing.  ICO's that 'moon' the hardest are often the ones with good ideas flying relatively under the radar.
+ If a pre-ico is hyped too much, it probably won't be the best ico...

I fully agree with every point about which you are speaking. I think I'll add these items to my checklist when I edit it next time. Thank you.

[Igorgnome]

I can add 1 tip from this forum. Recommend to look for the information about the team and its participants in social networks. Skam projects tend not to show the real personality.

[Don Stefanello]

Thank you very much for this post sir, it is very helpfull!

[Ranyar]

I can add 1 tip from this forum. Recommend to look for the information about the team and its participants in social networks. Skam projects tend not to show the real personality.

I will say more about the research of team profiles in social networks.
Be sure to look at the date of registration of the account - if it is later Ethereum ICO then this is an occasion to reflect. Some fraudulent teams create false profiles in the social networks to deceive investors. If the date of registration is earlier than the Ethereum ICO - then the chance to stumble upon a normal team increases. Why? Because ETH was the first ICO and before that people did not know that it was possible to attract investments in this way and create false accounts for this.

[BitcoinTurk]

Very good topic bro, this topic is helpful for everybody. I want to give Merit for you but sory i don't have Merit's now to give you.

[martina14]

ONE of the best thread in this BTT forum,
the supporting message really fits the title of the thread, this is very informative and i love to see more post from this guy. i will follow and look for your post on this thread everyday, this forum really need guys like this one. salute you sir!

[mebeforeyou2411]

try to buy only major coins and be aware of holding your coins-tokens at exchange. Buy a hardware wallet and forget your investments for years. Come back after few years and enjoy your earnings this is the safiest way to get profit in crypto

[Ranyar]

ONE of the best thread in this BTT forum,
the supporting message really fits the title of the thread, this is very informative and i love to see more post from this guy. i will follow and look for your post on this thread everyday, this forum really need guys like this one. salute you sir!

Many thanks for your kind words, friend!
I still do not have a high rank on this forum, but I'm very happy when I read reviews about what I wrote something really useful and interesting. I hope that the moderators will once pin this topic somewhere in a prominent place and the newcomer will make fewer mistakes.

[Igorgnome]

wow this is a really helpful explanation for the investors, thanks for that, I think this thread deserves an additional merit because this is really very helpful, but for a good ICO I judge the current project is daneel.io, ICO will started in january 29, I think daneel is a good project, what do you think? if you think this is good, i suggest you also join in it
www.danee.io

Hello friend. I also chose this project from the countless other bounty. When the selection was guided by the advice of Ranyar, which he published in this thread. It is a kind of test for me. If the project is profitable I need a minimum of the next 10 smerican'm going to put to the author. Anyone interested, click on signature.

By the way, Ranyar you have not seen this project before? Do you think he deserves the attention? Asanimals bounty only a few months. Your advice would be invaluable.

[BitHerring]

Good job, man. I do not think that I would have enough patience and knowledge for such a lengthy article. I sent you 1 merit, more I do not have because I was sick and could not write on the forum.
Because of this, I missed the last change of rank (

[Ranyar]

Good job, man. I do not think that I would have enough patience and knowledge for such a lengthy article. I sent you 1 merit, more I do not have because I was sick and could not write on the forum.
Because of this, I missed the last change of rank (

Thanks dude! I really tried very hard.
In occasion of your rank - do not worry and get patience. I was shocked too by this innovation with merits, but probably they were made for a reason. I'll put the first merit in your piggy bank. Good luck to you!

[sclmte]

ONE of the best thread in this BTT forum,
the supporting message really fits the title of the thread, this is very informative and i love to see more post from this guy. i will follow and look for your post on this thread everyday, this forum really need guys like this one. salute you sir!

Many thanks for your kind words, friend!
I still do not have a high rank on this forum, but I'm very happy when I read reviews about what I wrote something really useful and interesting. I hope that the moderators will once pin this topic somewhere in a prominent place and the newcomer will make fewer mistakes.

Hopefully it would be that way, so newbie won't make threads keep on asking same questions. I know dude you've learn a lot in these forum, maybe I'm asking to share more from you. I mean, not all in here can do like these but for sure you're is still a lot interesting knowledge to share. Goodluck dude.

[Endorphinity]

In order for an investment in ICO to be safe, you must carefully study the project before investing in it. This will save you from many mistakes.

[photo123]

Greetings, friends!
I spent 14 hours to writing and translating this article, and it covers all of my experience, starting in 2013 year. Please forgive me for my bad English. I hope that this article will be useful for each of you, friends.

Today I decided to collect all my experience related to crypto-investment in one article.
There is a lot of information and it is very voluminous, but I will try to present it more abstractly and briefly.
So, the security of crypto investment can be divided into two sections: technical and analytical. Do not neglect any of them. Perhaps for some of you these recommendations will seem obvious, but for sure everyone will find something useful for themselves, especially beginners.

Technical factors - storage and trading - where and how is the best?

📌Wallets. It is reasonable to store crypto-currencies on desktop and hardware wallets (something like Ledger). Sometimes it is not very convenient, but then nobody can "freeze" your savings and they will be controlled only by you. It is not necessary to store crypto-currencies in wallets with centralized control of funds. It is better to use the generally recognized opensource-wallets, which have already earned the trust of the community;

📌Backup. Never forget about backing up your wallet, for example wallet.dat files, pin codes and private keys! Perhaps, it's worth duplicating the backup copy in the cloud storage - but only in an encrypted form;

📌Operating system. To store crypto currency on desktop wallets, it is more reasonable and safer to use Linux operating systems, Ubuntu for example;

📌Passwords. Use complex passwords consisting of at least 8 characters (more characters are preferred), including numbers and letters of different registers. You can come up with a mnemonic rule to not forget such a complicated password. Additional security measures - using the on-screen keyboard to enter a password, as well as two-factor authentication;

📌Exchanges. When trading with crypto currency, try not to store large sums there, and transfer exactly the same amount of funds as you need to conduct a particular transaction, can with a small margin in case of a sharp change in the exchange rate. Why? Because many exchanges are unavailable at the most inopportune moment, and many are completely rapidly closed, while others are periodically the target of hacker attacks. Try not to use the services of centralized illegal exchanges without extreme necessity, especially those that have already proved themselves from the bad side (they were "hacked" or closed for a long period). It is better to use decentralized crypto-exchange exchanges, such as Bitshares and Etherdelta.

Ranyar thanks,

this is good info thanks for sharing..

[Ranyar]

Greetings, friends!
I spent 14 hours to writing and translating this article, and it covers all of my experience, starting in 2013 year. Please forgive me for my bad English. I hope that this article will be useful for each of you, friends.

Today I decided to collect all my experience related to crypto-investment in one article.
There is a lot of information and it is very voluminous, but I will try to present it more abstractly and briefly.
So, the security of crypto investment can be divided into two sections: technical and analytical. Do not neglect any of them. Perhaps for some of you these recommendations will seem obvious, but for sure everyone will find something useful for themselves, especially beginners.

Technical factors - storage and trading - where and how is the best?

📌Wallets. It is reasonable to store crypto-currencies on desktop and hardware wallets (something like Ledger). Sometimes it is not very convenient, but then nobody can "freeze" your savings and they will be controlled only by you. It is not necessary to store crypto-currencies in wallets with centralized control of funds. It is better to use the generally recognized opensource-wallets, which have already earned the trust of the community;

📌Backup. Never forget about backing up your wallet, for example wallet.dat files, pin codes and private keys! Perhaps, it's worth duplicating the backup copy in the cloud storage - but only in an encrypted form;

📌Operating system. To store crypto currency on desktop wallets, it is more reasonable and safer to use Linux operating systems, Ubuntu for example;

📌Passwords. Use complex passwords consisting of at least 8 characters (more characters are preferred), including numbers and letters of different registers. You can come up with a mnemonic rule to not forget such a complicated password. Additional security measures - using the on-screen keyboard to enter a password, as well as two-factor authentication;

📌Exchanges. When trading with crypto currency, try not to store large sums there, and transfer exactly the same amount of funds as you need to conduct a particular transaction, can with a small margin in case of a sharp change in the exchange rate. Why? Because many exchanges are unavailable at the most inopportune moment, and many are completely rapidly closed, while others are periodically the target of hacker attacks. Try not to use the services of centralized illegal exchanges without extreme necessity, especially those that have already proved themselves from the bad side (they were "hacked" or closed for a long period). It is better to use decentralized crypto-exchange exchanges, such as Bitshares and Etherdelta.

Ranyar thanks,

this is good info thanks for sharing..

You are welcome, friend!
These are just the basics, but many newcomers do not know this and can lose their money. Show my article to your friends - maybe this will save them from many mistakes in the future.

[Mrrr]

Nice work typing this all up. Its a jungle out there.

You might want to include the % of tokens up for ICO vs total supply as something to analyze (maybe add to the hardcap part). Some ICOs go very far in obfuscating what part of the pie you are actually getting. An ICO with a 15 million USD hard cap might look nice until you find out only 5% of total supply is going towards the ICO and 95% to management. So look at hard cap, total supply and % of tokens up for ICO. Also look at what will happen to the remainder of the tokens.

[Igorgnome]

Nice work typing this all up. Its a jungle out there.

You might want to include the % of tokens up for ICO vs total supply as something to analyze (maybe add to the hardcap part). Some ICOs go very far in obfuscating what part of the pie you are actually getting. An ICO with a 15 million USD hard cap might look nice until you find out only 5% of total supply is going towards the ICO and 95% to management. So look at hard cap, total supply and % of tokens up for ICO. Also look at what will happen to the remainder of the tokens.

Well, if the remaining tokens are burned, how it affects the ICO as a whole? If the tokens are frozen? If tokens remain at the disposal of the team? I just wonder what options may be and what the fate of the remaining tokens may be influenced.

[Ranyar]

Nice work typing this all up. Its a jungle out there.

You might want to include the % of tokens up for ICO vs total supply as something to analyze (maybe add to the hardcap part). Some ICOs go very far in obfuscating what part of the pie you are actually getting. An ICO with a 15 million USD hard cap might look nice until you find out only 5% of total supply is going towards the ICO and 95% to management. So look at hard cap, total supply and % of tokens up for ICO. Also look at what will happen to the remainder of the tokens.

Very true remark. This is really worth paying attention to and I will add this item to the next version of my list.

[Bananiheller]

I thank the author for good and useful content for the forum. Keep the browser tab. I will use these tips.

[Igorgnome]

Nice work typing this all up. Its a jungle out there.

You might want to include the % of tokens up for ICO vs total supply as something to analyze (maybe add to the hardcap part). Some ICOs go very far in obfuscating what part of the pie you are actually getting. An ICO with a 15 million USD hard cap might look nice until you find out only 5% of total supply is going towards the ICO and 95% to management. So look at hard cap, total supply and % of tokens up for ICO. Also look at what will happen to the remainder of the tokens.

Very true remark. This is really worth paying attention to and I will add this item to the next version of my list.

I've been thinking. A person may be the choice of the ICO to buy tokens or to participate in the bounty company. The criteria can vary greatly. Many of the principles are universal, but I think that article is written just for buyers tokens. If a person wants to purchase a token,he doesn't need to think about it. Can you write a short article with tips for bounty hunters? I think you have something to say about it.

[CryptoDemonElite]

Thanks I can add this to my ico check list.

[wuvdoll]

Nice work typing this all up. Its a jungle out there.

You might want to include the % of tokens up for ICO vs total supply as something to analyze (maybe add to the hardcap part). Some ICOs go very far in obfuscating what part of the pie you are actually getting. An ICO with a 15 million USD hard cap might look nice until you find out only 5% of total supply is going towards the ICO and 95% to management. So look at hard cap, total supply and % of tokens up for ICO. Also look at what will happen to the remainder of the tokens.

Very true remark. This is really worth paying attention to and I will add this item to the next version of my list.

I've been thinking. A person may be the choice of the ICO to buy tokens or to participate in the bounty company. The criteria can vary greatly. Many of the principles are universal, but I think that article is written just for buyers tokens. If a person wants to purchase a token,he doesn't need to think about it. Can you write a short article with tips for bounty hunters? I think you have something to say about it.

There will be no big differences between buying tokens and participating in bounty campaigns. If you consider your time is money then you need same criteria to be checked for both.

Unfortunately people are ready to spend their efforts anywhere but they do concern about their money alone with more care. We can analyze any ICO for taking participating into bounty campaigns by using OP's methodologies. Always double check any new project before you investing or supporting them. That will help you for avoiding scammy and less potential projects.

[Epimetheus]

There are certain factors you should consider before investing in any ICO but the most important ones are -

1. IDEA - always look projects which are unique as these products have higher chances to grow.

2. Marketing team - a strong team is essential for better publicity of project as a strong marketing is very essential for an ico to raise a healthy some of money which will be needed for the development of the project.

3. Popularity - popular products tend to rise more quickly and are able to produce huge amount of returns.

[DedStan]

Thank you for the material! It is useful for beginners.

[Ranyar]

wow this is a really helpful explanation for the investors, thanks for that, I think this thread deserves an additional merit because this is really very helpful, but for a good ICO I judge the current project is daneel.io, ICO will started in january 29, I think daneel is a good project, what do you think? if you think this is good, i suggest you also join in it
www.danee.io

Hello friend. I also chose this project from the countless other bounty. When the selection was guided by the advice of Ranyar, which he published in this thread. It is a kind of test for me. If the project is profitable I need a minimum of the next 10 smerican'm going to put to the author. Anyone interested, click on signature.

By the way, Ranyar you have not seen this project before? Do you think he deserves the attention? Asanimals bounty only a few months. Your advice would be invaluable.

As for your choice of daneel.io as a bounty. I have some doubts about the reorganization of the bounty campaign right in the middle of the bounty, but overall the project seems interesting. There is a certain hype around the project, in the bounty there are quite a few participants. The project has competitors but there are not so many yet and daneel.io has some chances to take its share in the market.

[Igorgnome]

wow this is a really helpful explanation for the investors, thanks for that, I think this thread deserves an additional merit because this is really very helpful, but for a good ICO I judge the current project is daneel.io, ICO will started in january 29, I think daneel is a good project, what do you think? if you think this is good, i suggest you also join in it
www.danee.io

Hello friend. I also chose this project from the countless other bounty. When the selection was guided by the advice of Ranyar, which he published in this thread. It is a kind of test for me. If the project is profitable I need a minimum of the next 10 smerican'm going to put to the author. Anyone interested, click on signature.

By the way, Ranyar you have not seen this project before? Do you think he deserves the attention? Asanimals bounty only a few months. Your advice would be invaluable.

As for your choice of daneel.io as a bounty. I have some doubts about the reorganization of the bounty campaign right in the middle of the bounty, but overall the project seems interesting. There is a certain hype around the project, in the bounty there are quite a few participants. The project has competitors but there are not so many yet and daneel.io has some chances to take its share in the market.

Thank you for your point of view. Daneel attracted me with good conditions of participation and the popularity of the product produced by them.

[Ranyar]

wow this is a really helpful explanation for the investors, thanks for that, I think this thread deserves an additional merit because this is really very helpful, but for a good ICO I judge the current project is daneel.io, ICO will started in january 29, I think daneel is a good project, what do you think? if you think this is good, i suggest you also join in it
www.danee.io

Hello friend. I also chose this project from the countless other bounty. When the selection was guided by the advice of Ranyar, which he published in this thread. It is a kind of test for me. If the project is profitable I need a minimum of the next 10 smerican'm going to put to the author. Anyone interested, click on signature.

By the way, Ranyar you have not seen this project before? Do you think he deserves the attention? Asanimals bounty only a few months. Your advice would be invaluable.

As for your choice of daneel.io as a bounty. I have some doubts about the reorganization of the bounty campaign right in the middle of the bounty, but overall the project seems interesting. There is a certain hype around the project, in the bounty there are quite a few participants. The project has competitors but there are not so many yet and daneel.io has some chances to take its share in the market.

Thank you for your point of view. Daneel attracted me with good conditions of participation and the popularity of the product produced by them.

We will be able to see their product only in the future. Now I would not make hasty conclusions but the project looks promising.

But back to the topic of the conversation - do you have any advice that I could add to my checklist?

[goldexp83]

Great checklist, I just sent u some merit! btw u should publish it also on Medium or similar so its more easy to share and also save as article for later reference!

[wendybean]

There are many ways by which you can invest in ICO safely.

• Do all the research work you can for the ICO you are interested in. Location, Place, Plans, Team, everything.
• Watch if the developers are keeping their agenda in front of the public and properly explaining every point. And if you sense they are taking too long to answer you, it?s time to hold back and see that you are not scammed.
• It is always recommended to read the whitepaper carefully and if you find any fault, directly ask them because it?s your money and its safety matters.
• A proper legal framework should be maintained between the developer and contributors including terms and conditions of the ICO.
• Lastly, explore other ICO?s as well and try to compare it. You will get the answers yourself.

Research works always help, if you want to be safe then its your duty to look everything that may give you a reason to invest safely.

[Ranyar]

Great checklist, I just sent u some merit! btw u should publish it also on Medium or similar so its more easy to share and also save as article for later reference!

Thank you very much friend!
As for the article on the Medium, I think I'll do it when I prepare the second edition of my check-list, taking into account all the advice that the discussion participants shared here.

There are many ways by which you can invest in ICO safely.

• Do all the research work you can for the ICO you are interested in. Location, Place, Plans, Team, everything.
• Watch if the developers are keeping their agenda in front of the public and properly explaining every point. And if you sense they are taking too long to answer you, it?s time to hold back and see that you are not scammed.
• It is always recommended to read the whitepaper carefully and if you find any fault, directly ask them because it?s your money and its safety matters.
• A proper legal framework should be maintained between the developer and contributors including terms and conditions of the ICO.
• Lastly, explore other ICO?s as well and try to compare it. You will get the answers yourself.

Research works always help, if you want to be safe then its your duty to look everything that may give you a reason to invest safely.

Thank you, these are valuable and important observations. Continue in the same vein and soon you will surely reach a higher rank on the forum.

[max6575]

with the supports as investor comes with the good entrance as managing works of investment with the crypto finance,
the use helps as reducing less on risks and goes as collecting returns as completing target with the terms as following with the further stages of level of compliance.

[mycoinlife]

Greetings, friends!
I spent 14 hours to writing and translating this article, and it covers all of my experience, starting in 2013 year. Please forgive me for my bad English. I hope that this article will be useful for each of you, friends.

Today I decided to collect all my experience related to crypto-investment in one article.
There is a lot of information and it is very voluminous, but I will try to present it more abstractly and briefly.
So, the security of crypto investment can be divided into two sections: technical and analytical. Do not neglect any of them. Perhaps for some of you these recommendations will seem obvious, but for sure everyone will find something useful for themselves, especially beginners.

Technical factors - storage and trading - where and how is the best?

📌Wallets. It is reasonable to store crypto-currencies on desktop and hardware wallets (something like Ledger). Sometimes it is not very convenient, but then nobody can "freeze" your savings and they will be controlled only by you. It is not necessary to store crypto-currencies in wallets with centralized control of funds. It is better to use the generally recognized opensource-wallets, which have already earned the trust of the community;

📌Backup. Never forget about backing up your wallet, for example wallet.dat files, pin codes and private keys! Perhaps, it's worth duplicating the backup copy in the cloud storage - but only in an encrypted form;

📌Operating system. To store crypto currency on desktop wallets, it is more reasonable and safer to use Linux operating systems, Ubuntu for example;

📌Passwords. Use complex passwords consisting of at least 8 characters (more characters are preferred), including numbers and letters of different registers. You can come up with a mnemonic rule to not forget such a complicated password. Additional security measures - using the on-screen keyboard to enter a password, as well as two-factor authentication;

📌Exchanges. When trading with crypto currency, try not to store large sums there, and transfer exactly the same amount of funds as you need to conduct a particular transaction, can with a small margin in case of a sharp change in the exchange rate. Why? Because many exchanges are unavailable at the most inopportune moment, and many are completely rapidly closed, while others are periodically the target of hacker attacks. Try not to use the services of centralized illegal exchanges without extreme necessity, especially those that have already proved themselves from the bad side (they were "hacked" or closed for a long period). It is better to use decentralized crypto-exchange exchanges, such as Bitshares and Etherdelta.

very useful information you have shared i just hope that more users post stuff like this so everyone can have the right knowledge

[mworld12]

Greetings, friends!
I spent 14 hours to writing and translating this article, and it covers all of my experience, starting in 2013 year. Please forgive me for my bad English. I hope that this article will be useful for each of you, friends.

Today I decided to collect all my experience related to crypto-investment in one article.
There is a lot of information and it is very voluminous, but I will try to present it more abstractly and briefly.
So, the security of crypto investment can be divided into two sections: technical and analytical. Do not neglect any of them. Perhaps for some of you these recommendations will seem obvious, but for sure everyone will find something useful for themselves, especially beginners.

Technical factors - storage and trading - where and how is the best?

📌Wallets. It is reasonable to store crypto-currencies on desktop and hardware wallets (something like Ledger). Sometimes it is not very convenient, but then nobody can "freeze" your savings and they will be controlled only by you. It is not necessary to store crypto-currencies in wallets with centralized control of funds. It is better to use the generally recognized opensource-wallets, which have already earned the trust of the community;

📌Backup. Never forget about backing up your wallet, for example wallet.dat files, pin codes and private keys! Perhaps, it's worth duplicating the backup copy in the cloud storage - but only in an encrypted form;

📌Operating system. To store crypto currency on desktop wallets, it is more reasonable and safer to use Linux operating systems, Ubuntu for example;

📌Passwords. Use complex passwords consisting of at least 8 characters (more characters are preferred), including numbers and letters of different registers. You can come up with a mnemonic rule to not forget such a complicated password. Additional security measures - using the on-screen keyboard to enter a password, as well as two-factor authentication;

📌Exchanges. When trading with crypto currency, try not to store large sums there, and transfer exactly the same amount of funds as you need to conduct a particular transaction, can with a small margin in case of a sharp change in the exchange rate. Why? Because many exchanges are unavailable at the most inopportune moment, and many are completely rapidly closed, while others are periodically the target of hacker attacks. Try not to use the services of centralized illegal exchanges without extreme necessity, especially those that have already proved themselves from the bad side (they were "hacked" or closed for a long period). It is better to use decentralized crypto-exchange exchanges, such as Bitshares and Etherdelta.

very useful information you have shared i just hope that more users post stuff like this so everyone can have the right knowledge

[CloudM]

Thanks, this would be a very beneficiary article for all the beginners!

[lovemylife31]

Thank you for the information you provided
Period of increase and decrease of cash flow. You should not be so worried about this

[Ranyar]

Thanks, this would be a very beneficiary article for all the beginners!

I'm glad to hear that my article for someone is useful, especially for beginners. If you tell this article to other novice friends, it will help them save money in the future.
You can help one more way - please, tell me about what you would be interested in reading in my next articles?

[Mrrr]

One more thing you might add to the first post: beware of phishing links. It is the no. 1 way in which people lose funds. Chances you lose your money through phishing are far larger than losing it to an exchange that goes bust or a wallet that goes corrupt.

[Geuzen_One]

OP, well done! Hugely useful article You had completed. 

In additional to site evaluation section - might be useful to check pics, using on web page. If it are easy to  detect in other sources - You have to beware of this project.

One more thing you might add to the first post: beware of phishing links. It is the no. 1 way in which people lose funds. Chances you lose your money through phishing are far larger than losing it to an exchange that goes bust or a wallet that goes corrupt.

Strongly agree, in my opinion - this is first thing You have to check! Always.

[anamie]

Analytical factors - how to find a good project for investment?

Before investing in the next ICO, look at this list and ask yourself the following questions:

📌Does the ICO site use the https protocol? If the team did not bother to install the SSL certificate, then what security for the project as a whole can there be?

📌How does the site look? What is the overall impression? Is it credible? Do not it look like it's made "on your knee"? Are the contact details given in full?

📌Is there a whitepaper on the site and how detailed is it? Today it is difficult to imagine, but there are sites without this element, which has already become a standard in the ICO industry. Is there a whitepaper in several of the most popular languages? If the team wants to collect the announced amount of investment, then it should count on users from different countries. What does the whitepaper look like? Is there enough information about the project and the rationale for entering the ICO, thereby ensuring future profit for investors? Is detailed business plan of the project and necessary technical details described? Less buzzwords, more digits.

📌How much money does the team plan to collect and why? It is good, if the whitepaper indicates the planned expense items of funds raised. Pay attention to how much money the team wants to attract. Now, some projects call huge sums only from greed, and they do not really need funds in such quantity to realize their plans. It's some difficult to spend a few millions of dollars at once, and keeping them in one crypto currency is unsafe because of high volatility, so it's good if the team mentions in whitepaper some way of diversifying the funds raised for their greater safety.

📌What problem does the project solve? Will it be useful for millions of people from around the world, will it solve their problems? Does we implement the project in general? It should not be a "space elevator", but not a "another chat" - there should be a golden mean between the benefit and ambitiousness of the project. Sometimes it's good if the project is somehow connected with the real economy and offline business, but not always. Here the main criterion is the economic feasibility of the project and the certainty that it will be in demand. Also, it is worth paying attention to projects that expand the infrastructure and make BTC and ETH work better/faster. It's reasonable to avoid projects where the blockchain is not at all necessary and "pulled by the ears" - it is very likely that in such cases the team often simply wants to raise money.

📌Does the project have competitors? Now there are very few truly revolutionary ideas, and most ICO projects are only skilful integration of existing products with a blockchain-ecosystem. It is good, if the project has at least 2-3 competitors or projects from the related field, and this is either successful projects, or those that are also at the stage of raising funds, or at least prototypes in the form of a classic business. Why is it important? Because if there are no competitors at all, then, most likely, there is no market, and such a product is not needed by anybody and is economically unprofitable. Either this is a brilliant new idea, but such a chance is much less likely.

📌Are bonuses for early investors on pre-ICO is not too high? In some ICO projects, teams offer huge bonuses to attract early investors. If you managed to get into their number - you are lucky. If you do not have time and the ICO bonus differs significantly from the presale bonus - it's better not to invest in this project, but you can buy tokens on the stock exchange. Why? It often happens that early investors sell tokens immediately after entering the exchanges and receive instant profit at the expense of big discounts with which they bought tokens, and the rate falls 2-3 times from the price of ICO.

📌Is the maximum amount of funds (Hard Cap) limited? If not, then this is an alarm signal. If the project collects too much money (as much as it does not need to achieve the stated business goals), then it simply has nowhere to grow. Capitalization of the project can easily grow from $ 10 million to $ 100 millions in next time, but from $ 100 millions to $ 1 billion - it is much more difficult. Such projects sometimes become financially sluggish, and the team is losing motivation - why go on working hard and develop the project if you have already collected more money than you can spend? Also, pay attention to the total number of tokens - it should not be too large.

📌Is the initial price of tokens is not too high? And what is it generally justified? The smaller the initial price of tokens, the higher the "psychological" growth potential. Agree that it is much easier to grow a token from 10 cents to 1 dollar (x10 growth) than, for example, from 10 dollars to 100 (the same x10 growth);

📌Will the project team gradually buy tokens from exchanges? A good practice is if, after the completion of the ICO, the company plans to gradually buy out its issued tokens back from the exchanges, using part of the profit for each specific period of time. Due to this, the rate of the token can grow.

📌How will the tokens be used in project? What are they for and do they really need in reality? It is good, if the token is really necessary for the project's work, and it contains a certain scheme of its value growth. If the token is used only to attract investment, then the team should have a clear plan of how exactly it will bring profit to investors. A common option is to charge "dividends" for tokens once in a certain period. Thus, the company will share part of the profit with the holders of the tokens and will be attractive to investments. Sometimes for many early investors this is a good way to get some passive income if the project is successful in the future.

📌Does the project team looks trust? Ideally, these people should be experts in their field, who already have the experience of successful implementation of IT-projects. Equally important is the balance in the team between the number of technical specialists and managers/marketers. If there are only "sellers" in the team, then they can give the development to outsourcing and this is not always good. If the team is one of the developers, then there may be problems with sales and promotion of the ICO project and with the attraction of investments.

📌How open is the project to the community? Look, is there a source code for a smart contract for github? Is there any statistics on the volume of attracted investments in real time and what information about this is on ehterscan? The larger the number of investors - the more likely the tokens will be distributed evenly and the less volatile will be the token rate after entering the crypto-exchanges.

📌Has the project been financially and technically audited? Some teams are attracted by independent audit agencies, as well as information security specialists (or announces an additional bounty campaign to search for bugs and vulnerabilities) to increase the credibility of their projects by potential investors. After this, the team can publish short results of such studies on the site of its ICO project and in whitepaper.

📌Does the team have a working prototype of the project? The short history of ICO contains many examples where talented teams attracted investment only for the landing-page and mocups of the future project, but the scam among such projects is usually even greater. If the team has at least a minimum workable product (MVP) - then this is already a good sign to think about investing in the project. If the team already has a successful IT-project, and they just want to integrate it with the blockchain ecosystem and raise additional funds to expand the business and enter new markets, then this is also a good sign.

📌Does the project have advisors? If not - then this is an alarming sign. If there is, it's already good, but it's worth looking closely - what kind of people are they? It's great if they are recognized leaders of the blockchain industry, but far from all projects can boast the support of such people. For small projects, there will be enough support from good recognized experts with a large profile background.

📌Are venture funds interested in the project? If there is an official information about investments from some well-known venture investors or "business angels", this means that this ICO project has certainly undergone a thorough audit by people who are willing to invest in the project really big money and believe in its successful future.

📌Does the project have a detailed roadmap? Look at the whitepaper, at what stages is the implementation of the project broken, do the timelines look realistic? What exactly and for how long is the team going to implement and how soon will MVP be ready (if already not)? Remember that the faster the team realizes its business plan, the faster the project will start to make a profit and the sooner tokens will start to grow in price.

📌Milestone and the team's step-by-step reward. Some teams lose motivation to work hard after successful fundraising, so a good tone is considered if the additional token remuneration of the team is broken into several specific stages related to the previous point - the road map. Very cool, if the holders of tokens can somehow vote for whether the next stage is implemented or not. An alternative option is to keep borrowed funds from an independent organization (escrow), which partially gives funds to the team after each milestone implementation. In this case, the team receives its tokens only after the successful completion of the next stage of project development. The more intermediate stages, the better, because the team will not be able to immediately sell a large number of its tokens on the exchange, negatively affecting the price of the tokens.

📌What is the news background for the project? How often does the team upload news and articles about its project in social networks and on profile news portals? How do these news react to recognized crypto-investors and blockchain specialists? Are there extensive reviews on this ICO project on the well-known crypto-news portals? What about it is written by independent rating agencies and ICO calendars? Is there a real, rather than twisted, hype around the project?

Nice post op, this very helpful for beginners who wants to try on investing in ico, this topic is need to put on pinned message so that everyone can easily read this topic, because this is very important information since many of us specially on newbies that don't have enough knowledge on how to look a good ICO's.

[cryptomarijuana]

Greetings, friends!
I spent 14 hours to writing and translating this article, and it covers all of my experience, starting in 2013 year. Please forgive me for my bad English. I hope that this article will be useful for each of you, friends.

Today I decided to collect all my experience related to crypto-investment in one article.
There is a lot of information and it is very voluminous, but I will try to present it more abstractly and briefly.
So, the security of crypto investment can be divided into two sections: technical and analytical. Do not neglect any of them. Perhaps for some of you these recommendations will seem obvious, but for sure everyone will find something useful for themselves, especially beginners.

Technical factors - storage and trading - where and how is the best?

📌Wallets. It is reasonable to store crypto-currencies on desktop and hardware wallets (something like Ledger). Sometimes it is not very convenient, but then nobody can "freeze" your savings and they will be controlled only by you. It is not necessary to store crypto-currencies in wallets with centralized control of funds. It is better to use the generally recognized opensource-wallets, which have already earned the trust of the community;

📌Backup. Never forget about backing up your wallet, for example wallet.dat files, pin codes and private keys! Perhaps, it's worth duplicating the backup copy in the cloud storage - but only in an encrypted form;

📌Operating system. To store crypto currency on desktop wallets, it is more reasonable and safer to use Linux operating systems, Ubuntu for example;

📌Passwords. Use complex passwords consisting of at least 8 characters (more characters are preferred), including numbers and letters of different registers. You can come up with a mnemonic rule to not forget such a complicated password. Additional security measures - using the on-screen keyboard to enter a password, as well as two-factor authentication;

📌Exchanges. When trading with crypto currency, try not to store large sums there, and transfer exactly the same amount of funds as you need to conduct a particular transaction, can with a small margin in case of a sharp change in the exchange rate. Why? Because many exchanges are unavailable at the most inopportune moment, and many are completely rapidly closed, while others are periodically the target of hacker attacks. Try not to use the services of centralized illegal exchanges without extreme necessity, especially those that have already proved themselves from the bad side (they were "hacked" or closed for a long period). It is better to use decentralized crypto-exchange exchanges, such as Bitshares and Etherdelta.

You should be checking the background of the ICO,founder's and developer's credibility from the past,are they capable ?second the product you should be check if the ICO has existing product to be beckuped,third the whitepaper and its roadmap these are the most basic things you should check before investing in ICOs just to be safe.

[Epimetheus]

I think there are various factors that you must check before investing in an ico that proves whether an ico is legit or not. The most important factor that you must always look for are the ICOs with a working product as these ICOs have higher chances to be legit.
The other thing that you must consider is the idea of the project. Always look for project with unique idea as these icos have higher chances to grow in future.

[Geuzen_One]

[...]
The other thing that you must consider is the idea of the project. Always look for project with unique idea as these icos have higher chances to grow in future.

This was specified in second post of this topic:

📌Does the project have competitors? Now there are very few truly revolutionary ideas, and most ICO projects are only skilful integration of existing products with a blockchain-ecosystem. It is good, if the project has at least 2-3 competitors or projects from the related field, and this is either successful projects, or those that are also at the stage of raising funds, or at least prototypes in the form of a classic business. Why is it important? Because if there are no competitors at all, then, most likely, there is no market, and such a product is not needed by anybody and is economically unprofitable. Either this is a brilliant new idea, but such a chance is much less likely.

Still, You probably have huge experience - can You share some examples of such unique ideas? Of course, if You have some examples. Truly unique idea is a brilliant itself - every smart investor would like to support it!

[Igorgnome]

[...]
The other thing that you must consider is the idea of the project. Always look for project with unique idea as these icos have higher chances to grow in future.

This was specified in second post of this topic:

📌Does the project have competitors? Now there are very few truly revolutionary ideas, and most ICO projects are only skilful integration of existing products with a blockchain-ecosystem. It is good, if the project has at least 2-3 competitors or projects from the related field, and this is either successful projects, or those that are also at the stage of raising funds, or at least prototypes in the form of a classic business. Why is it important? Because if there are no competitors at all, then, most likely, there is no market, and such a product is not needed by anybody and is economically unprofitable. Either this is a brilliant new idea, but such a chance is much less likely.

Still, You probably have huge experience - can You share some examples of such unique ideas? Of course, if You have some examples. Truly unique idea is a brilliant itself - every smart investor would like to support it!

I think each case should be considered separately. If the project has a unique and interesting idea, need to think and analyse its relevance. This should give more x's success but grows and the risk of failure. Projects with competitors needs to be safer for investment.

[AgentZero23]

A very detailed analysis on how to invest on a good ICO. Thank you for this valuable information.

[Wipro]

I think there are various factors that you must check before investing in an ico that proves whether an ico is legit or not. The most important factor that you must always look for are the ICOs with a working product as these ICOs have higher chances to be legit.
The other thing that you must consider is the idea of the project. Always look for project with unique idea as these icos have higher chances to grow in future.

What kind of product you mean bro? I see most of the project comes to market are only on the online platform and some smart contracts and etc. If you are worry to know how to find the best project. You should read the white paper shared by them. Then you will comes to know whether it is legit project or just a scam.
One more idea, You can check their linked-in and other social media site accounts. You can understand it better.

[Ranyar]

A very detailed analysis on how to invest on a good ICO. Thank you for this valuable information.

Thank you for reading and kind words, my friend!
Perhaps you have some ideas, what else can I add to my article? It seems to me that in this topic everything is already listed on what is worth paying attention to when choosing an ICO for an investment. But what if there's something else left?

[Tuareg33rus]

Nice checklist, I bookmarked it for further implementation.

In our local forum branch there is similar topic ( https://bitcointalk.org/index.php?topic=2853177.msg29913337#msg29913337 ) and author also did good job. I posted referal link there because You was most first in it (as far I know) - please check out, maybe You will find something useful there.

[Ranyar]

Nice checklist, I bookmarked it for further implementation.

In our local forum branch there is similar topic ( https://bitcointalk.org/index.php?topic=2853177.msg29913337#msg29913337 ) and author also did good job. I posted referal link there because You was most first in it (as far I know) - please check out, maybe You will find something useful there.

Thanks, dude!
You're right, I wrote my article first. Moreover, I originally wrote a Russian version of this article, you can find it here and read it in your native language https://bitcointalk.org/index.php?topic=2822403.0

[verasity]

Great checklist! Thanks a lot.

[Triss Merigold]

Thank you author. This is very useful to me. I necessarily use this list to select a project.
In my opinion this is the most useful guide for newbie I've read.

[Ranyar]

Thank you author. This is very useful to me. I necessarily use this list to select a project.
In my opinion this is the most useful guide for newbie I've read.

Thank you Triss!
What more can I add to this checklist? What do you think? Surely you still have some questions or you can share your experience with us.

[Triss Merigold]

Thank you author. This is very useful to me. I necessarily use this list to select a project.
In my opinion this is the most useful guide for newbie I've read.

Thank you Triss!
What more can I add to this checklist? What do you think? Surely you still have some questions or you can share your experience with us.

Unfortunately I do not have enough experience to share it. And after reading your checklist, I have no questions.

[Iamdeadlyz]

Nice and amazing info! This helps out a lot of newbies! I hope they can read this to avoid scammy icos

[easynote]

Greetings, friends!
I spent 14 hours to writing and translating this article, and it covers all of my experience, starting in 2013 year. Please forgive me for my bad English. I hope that this article will be useful for each of you, friends.

Today I decided to collect all my experience related to crypto-investment in one article.
There is a lot of information and it is very voluminous, but I will try to present it more abstractly and briefly.
So, the security of crypto investment can be divided into two sections: technical and analytical. Do not neglect any of them. Perhaps for some of you these recommendations will seem obvious, but for sure everyone will find something useful for themselves, especially beginners.

Technical factors - storage and trading - where and how is the best?

📌Wallets. It is reasonable to store crypto-currencies on desktop and hardware wallets (something like Ledger). Sometimes it is not very convenient, but then nobody can "freeze" your savings and they will be controlled only by you. It is not necessary to store crypto-currencies in wallets with centralized control of funds. It is better to use the generally recognized opensource-wallets, which have already earned the trust of the community;

📌Backup. Never forget about backing up your wallet, for example wallet.dat files, pin codes and private keys! Perhaps, it's worth duplicating the backup copy in the cloud storage - but only in an encrypted form;

📌Operating system. To store crypto currency on desktop wallets, it is more reasonable and safer to use Linux operating systems, Ubuntu for example;

📌Passwords. Use complex passwords consisting of at least 8 characters (more characters are preferred), including numbers and letters of different registers. You can come up with a mnemonic rule to not forget such a complicated password. Additional security measures - using the on-screen keyboard to enter a password, as well as two-factor authentication;

📌Exchanges. When trading with crypto currency, try not to store large sums there, and transfer exactly the same amount of funds as you need to conduct a particular transaction, can with a small margin in case of a sharp change in the exchange rate. Why? Because many exchanges are unavailable at the most inopportune moment, and many are completely rapidly closed, while others are periodically the target of hacker attacks. Try not to use the services of centralized illegal exchanges without extreme necessity, especially those that have already proved themselves from the bad side (they were "hacked" or closed for a long period). It is better to use decentralized crypto-exchange exchanges, such as Bitshares and Etherdelta.

Thanks. With all the ICO's getting buried one after the other because of the amount of new ICO's launching this guide seems that it might be worth the read.

[Ranyar]

Greetings, friends!
I spent 14 hours to writing and translating this article, and it covers all of my experience, starting in 2013 year. Please forgive me for my bad English. I hope that this article will be useful for each of you, friends.

Today I decided to collect all my experience related to crypto-investment in one article.
There is a lot of information and it is very voluminous, but I will try to present it more abstractly and briefly.
So, the security of crypto investment can be divided into two sections: technical and analytical. Do not neglect any of them. Perhaps for some of you these recommendations will seem obvious, but for sure everyone will find something useful for themselves, especially beginners.

Technical factors - storage and trading - where and how is the best?

📌Wallets. It is reasonable to store crypto-currencies on desktop and hardware wallets (something like Ledger). Sometimes it is not very convenient, but then nobody can "freeze" your savings and they will be controlled only by you. It is not necessary to store crypto-currencies in wallets with centralized control of funds. It is better to use the generally recognized opensource-wallets, which have already earned the trust of the community;

📌Backup. Never forget about backing up your wallet, for example wallet.dat files, pin codes and private keys! Perhaps, it's worth duplicating the backup copy in the cloud storage - but only in an encrypted form;

📌Operating system. To store crypto currency on desktop wallets, it is more reasonable and safer to use Linux operating systems, Ubuntu for example;

📌Passwords. Use complex passwords consisting of at least 8 characters (more characters are preferred), including numbers and letters of different registers. You can come up with a mnemonic rule to not forget such a complicated password. Additional security measures - using the on-screen keyboard to enter a password, as well as two-factor authentication;

📌Exchanges. When trading with crypto currency, try not to store large sums there, and transfer exactly the same amount of funds as you need to conduct a particular transaction, can with a small margin in case of a sharp change in the exchange rate. Why? Because many exchanges are unavailable at the most inopportune moment, and many are completely rapidly closed, while others are periodically the target of hacker attacks. Try not to use the services of centralized illegal exchanges without extreme necessity, especially those that have already proved themselves from the bad side (they were "hacked" or closed for a long period). It is better to use decentralized crypto-exchange exchanges, such as Bitshares and Etherdelta.

Thanks. With all the ICO's getting buried one after the other because of the amount of new ICO's launching this guide seems that it might be worth the read.

Now you need to be especially careful when investing in the ICO. Scammers have become much smarter and it is already very difficult to distinguish a normal acting project from a scam even having such a check-list at hand. But still it's better than nothing.

[aceat64]

This is a very detailed instruction on a right selection of the project, ideally to choose the ICO so at least 4-5 hours, I try to take into account the main criteria such as the characteristics of the coin and roadmap.

[Ranyar]

This is a very detailed instruction on a right selection of the project, ideally to choose the ICO so at least 4-5 hours, I try to take into account the main criteria such as the characteristics of the coin and roadmap.

You're absolutely right, friend.
4-5 hours - this is the time it takes to analyze the ICO. And what if the projects for analysis are 10 or 20?
Then the audit of projects takes several days and most of them can be eliminated. But this time is not a big price to reduce the risk of meeting a scam project.
The time spent on audit is also an investment.

[CryptikEnigma]

This is the perfect article on how to properly select ICO, personally for me very useful because I was almost desperate because of constant scam

[Balab01]

a very useful article deserving 1000 merits! This is the kind of content that the forum lacks lately. Because there are a lot of trash discussions

[Ranyar]

This is the perfect article on how to properly select ICO, personally for me very useful because I was almost desperate because of constant scam

a very useful article deserving 1000 merits! This is the kind of content that the forum lacks lately. Because there are a lot of trash discussions

Thanks folks!
Can i add something else to this checklist?
Certainly in your experience of trading or investing there are things that I did not take into account in my article. It would be useful to share them with the community here.

[Mumei19]

There are no safe investments. Safe only for knowledge-rich people.

[Ranyar]

There are no safe investments. Safe only for knowledge-rich people.

I think that there is no completely safe investment. Is that investment in real estate can be quite safe.
But in real estate low annual income. If you are going to invest in ICO - then better be ready for a certain risk. To reduce the risk - you need a lot of time to analyze projects.

[Igorgnome]

This is a very detailed instruction on a right selection of the project, ideally to choose the ICO so at least 4-5 hours, I try to take into account the main criteria such as the characteristics of the coin and roadmap.

You're absolutely right, friend.
4-5 hours - this is the time it takes to analyze the ICO. And what if the projects for analysis are 10 or 20?
Then the audit of projects takes several days and most of them can be eliminated. But this time is not a big price to reduce the risk of meeting a scam project.
The time spent on audit is also an investment.

I think it's a lot of fun! Time flies quickly and quietly.  New ICOS can be viewed for hours. They are well and varied design their sites usually interesting to look at them, interesting to smell the ideas of projects and their technical subtleties. Interested in looking for information about team members. You feel more like Sherlock Holmes.

[oseikuf44]

These points raised are all good to make an informed decision when you decide to invest in an initial coin offering. But I think that it can not be entirely true that it will yield success if all the items mentioned is followed. A well crafted ICO scam can still fulfil all this yet will run away with investors cash. I think you should this INTUITION. Above all have intuition to determine the right from the wrong.

[Mumei19]

There are no safe investments. Safe only for knowledge-rich people.

I think that there is no completely safe investment. Is that investment in real estate can be quite safe.
But in real estate low annual income. If you are going to invest in ICO - then better be ready for a certain risk. To reduce the risk - you need a lot of time to analyze projects.

I agree with you. But the big risk you get is big when you first enter the crypto market. I dream of waking up in the morning. Your account is 10 times or even 100 times. But not easy. ico is too attractive. But without knowledge, you will become blank after only 1 night. Knowledge is everything. Knowledge gives us everything. )

[Tuareg33rus]

Thanks, dude!
You're right, I wrote my article first. Moreover, I originally wrote a Russian version of this article, you can find it here and read it in your native language https://bitcointalk.org/index.php?topic=2822403.0

Thats nice! Never seen Your article in Russian local branch before, anyway thank You one more time. I'd better go to Russian thread.

[Ranyar]

There are no safe investments. Safe only for knowledge-rich people.

I think that there is no completely safe investment. Is that investment in real estate can be quite safe.
But in real estate low annual income. If you are going to invest in ICO - then better be ready for a certain risk. To reduce the risk - you need a lot of time to analyze projects.

I agree with you. But the big risk you get is big when you first enter the crypto market. I dream of waking up in the morning. Your account is 10 times or even 100 times. But not easy. ico is too attractive. But without knowledge, you will become blank after only 1 night. Knowledge is everything. Knowledge gives us everything. )

In addition to good knowledge of cryptocurrencies, strong nerves will be useful. You can be a cheerful emotional person when you communicate with friends. But when you invest in ICO and cryptocurrencies - you need to maintain an icy calm and do not succumb to emotions. At first it was quite difficult and even now I can not always cope with myself. Calm and HODL - that's what often increases wealth.

[QreNZi]

This is very helpful, thank you very much!

[Ranyar]

This is very helpful, thank you very much!

Very helpful, Thanks.

Thank you for reading, friends! Have you any questions about my article or you can share some advices about ICO investing with our community?

[Blas]

The article is great. I am reading and realize that I know much of the stuff, but can never explain it this way. Great job, wonderful advice.

[political1907]

Thank you for sharing this information with us. I think that anyone who wants to invest in ICOs should be able to read. Especially those that are new.

[Koios AI]

Great checklist!

[Jaya912]

wow this is a really helpful explanation for the investors, thanks for that, I think this thread deserves an additional merit because this is really very helpful, but for a good ICO I judge the current project is daneel.io, ICO will started in january 29, I think daneel is a good project, what do you think? if you think this is good, i suggest you also join in it
www.danee.io

Yes, this is good project. Its the first project with that idea based on AI project.
I will suggest you to check the detail of daneel before investing. Above already mention how to check it.

Note : this is deserving more merit but i dont have it. Sorry

[Greenw87dpecker]

These points raised are all good to make an informed decision when you decide to invest in an initial coin offering. But I think that it can not be entirely true that it will yield success if all the items mentioned is followed. A well crafted ICO scam can still fulfil all this yet will run away with investors cash. I think you should this INTUITION. Above all have intuition to determine the right from the wrong.

This is absolutely true, and I agree with you. Do not invest in ICO, if you do not like a project, even if the analysis it looks attractive. Very good scammers can do everything as much as possible without suspicion, however, if you take a number of well-known fraudulent ICO you can see that if you analyze the suspicions necessarily visit.

[Ranyar]

wow this is a really helpful explanation for the investors, thanks for that, I think this thread deserves an additional merit because this is really very helpful, but for a good ICO I judge the current project is daneel.io, ICO will started in january 29, I think daneel is a good project, what do you think? if you think this is good, i suggest you also join in it
www.danee.io

Yes, this is good project. Its the first project with that idea based on AI project.
I will suggest you to check the detail of daneel before investing. Above already mention how to check it.

Note : this is deserving more merit but i dont have it. Sorry

No need to apologize, friend. I would not give up the extra merit points, but simple gratitude for my article means a lot to me.
Thanks for reading! You can tell your friends about this checklist so that in the future they make fewer mistakes in investing.

[Gnompork]

These points raised are all good to make an informed decision when you decide to invest in an initial coin offering. But I think that it can not be entirely true that it will yield success if all the items mentioned is followed. A well crafted ICO scam can still fulfil all this yet will run away with investors cash. I think you should this INTUITION. Above all have intuition to determine the right from the wrong.

This is absolutely true, and I agree with you. Do not invest in ICO, if you do not like a project, even if the analysis it looks attractive. Very good scammers can do everything as much as possible without suspicion, however, if you take a number of well-known fraudulent ICO you can see that if you analyze the suspicions necessarily visit.

I saw one such project. I do not remember what it was called. Everything was well decorated and well done. In addition to the main concept. The developers have promised a system for trading environmentally friendly products for vegetarians. It led me to some suspicions. After some time in the news read about them. Gathering the soft cap in place of the site appeared the words "Penis".

[Ranyar]

These points raised are all good to make an informed decision when you decide to invest in an initial coin offering. But I think that it can not be entirely true that it will yield success if all the items mentioned is followed. A well crafted ICO scam can still fulfil all this yet will run away with investors cash. I think you should this INTUITION. Above all have intuition to determine the right from the wrong.

This is absolutely true, and I agree with you. Do not invest in ICO, if you do not like a project, even if the analysis it looks attractive. Very good scammers can do everything as much as possible without suspicion, however, if you take a number of well-known fraudulent ICO you can see that if you analyze the suspicions necessarily visit.

I saw one such project. I do not remember what it was called. Everything was well decorated and well done. In addition to the main concept. The developers have promised a system for trading environmentally friendly products for vegetarians. It led me to some suspicions. After some time in the news read about them. Gathering the soft cap in place of the site appeared the words "Penis".

You're right, such situations happen from time to time. Even well-designed projects can be a scam.
I think that this can be avoided only by creating some kind of platform for crowd audit, where the community members together would put ratings for ICO projects.

[Hank3]

Wow! It's really great job! Thank you for this explanation. I've never invested in ICOs before - in part because of absence the clear rules in my head. I'll safe this article for future. Of course I'll use it

[photo123]

Greetings, friends!
I spent 14 hours to writing and translating this article, and it covers all of my experience, starting in 2013 year. Please forgive me for my bad English. I hope that this article will be useful for each of you, friends.

Today I decided to collect all my experience related to crypto-investment in one article.
There is a lot of information and it is very voluminous, but I will try to present it more abstractly and briefly.
So, the security of crypto investment can be divided into two sections: technical and analytical. Do not neglect any of them. Perhaps for some of you these recommendations will seem obvious, but for sure everyone will find something useful for themselves, especially beginners.

Technical factors - storage and trading - where and how is the best?

📌Wallets. It is reasonable to store crypto-currencies on desktop and hardware wallets (something like Ledger). Sometimes it is not very convenient, but then nobody can "freeze" your savings and they will be controlled only by you. It is not necessary to store crypto-currencies in wallets with centralized control of funds. It is better to use the generally recognized opensource-wallets, which have already earned the trust of the community;

📌Backup. Never forget about backing up your wallet, for example wallet.dat files, pin codes and private keys! Perhaps, it's worth duplicating the backup copy in the cloud storage - but only in an encrypted form;

📌Operating system. To store crypto currency on desktop wallets, it is more reasonable and safer to use Linux operating systems, Ubuntu for example;

📌Passwords. Use complex passwords consisting of at least 8 characters (more characters are preferred), including numbers and letters of different registers. You can come up with a mnemonic rule to not forget such a complicated password. Additional security measures - using the on-screen keyboard to enter a password, as well as two-factor authentication;

📌Exchanges. When trading with crypto currency, try not to store large sums there, and transfer exactly the same amount of funds as you need to conduct a particular transaction, can with a small margin in case of a sharp change in the exchange rate. Why? Because many exchanges are unavailable at the most inopportune moment, and many are completely rapidly closed, while others are periodically the target of hacker attacks. Try not to use the services of centralized illegal exchanges without extreme necessity, especially those that have already proved themselves from the bad side (they were "hacked" or closed for a long period). It is better to use decentralized crypto-exchange exchanges, such as Bitshares and Etherdelta.

Thanks for taking your time to write this piece for a beginner like me and i have save this article for the future welldone

[Bananiheller]

Thanks to the author for the very useful topic. I want Frum to have more of these topics. Because I'm tired of hundreds of topics where everyone asks a few standard questions like " how to choose an ICO?"or" What ICO to choose?", Or " how do you choose an ICO?". Find useful information in there long.
I have a question.
There are projects where everything is good on all points? Everything I'm trying to analyze is usually far from perfect. Could there have been such projects.

[Ranyar]

Thanks to the author for the very useful topic. I want Frum to have more of these topics. Because I'm tired of hundreds of topics where everyone asks a few standard questions like " how to choose an ICO?"or" What ICO to choose?", Or " how do you choose an ICO?". Find useful information in there long.
I have a question.
There are projects where everything is good on all points? Everything I'm trying to analyze is usually far from perfect. Could there have been such projects.

Hello friend! If you see again questions like "how to choose ICO for investment" - please share link to these article with this people. This will largely answer their questions.
Now I answer your question - no, I have not yet seen a project that would completely satisfy absolutely all points of my check list. But this is something to strive for. The more points are observed, the better.

[Vinkona]

Thanx for the checklist, probably the best thing to set up a base.
Can you recommend a strategy to check competitors for a project?

[Geuzen_One]

join now  https://marineco.in/ico register and recieve 450000 MTC for freee
The best ICO MarineCoin!
 This coin is no longer Under Valued ..it's Truly Decentralized.
 MTC the  first self-sustaining crypto-currency that works onArtificial Intelligence.
don't miss the chance and register now
for more informations join https://marineco.in

As far as I know, still there is no AI in this world. What do You mean using such abbreviation in this referral post?



Anyway, there is no important info in specified website. No team, no whitepaper, no roadmap finded.

[LamontFalkner]

Greetings, friends!
I spent 14 hours to writing and translating this article, and it covers all of my experience, starting in 2013 year. Please forgive me for my bad English. I hope that this article will be useful for each of you, friends.

Today I decided to collect all my experience related to crypto-investment in one article.
There is a lot of information and it is very voluminous, but I will try to present it more abstractly and briefly.
So, the security of crypto investment can be divided into two sections: technical and analytical. Do not neglect any of them. Perhaps for some of you these recommendations will seem obvious, but for sure everyone will find something useful for themselves, especially beginners.

Technical factors - storage and trading - where and how is the best?

📌Wallets. It is reasonable to store crypto-currencies on desktop and hardware wallets (something like Ledger). Sometimes it is not very convenient, but then nobody can "freeze" your savings and they will be controlled only by you. It is not necessary to store crypto-currencies in wallets with centralized control of funds. It is better to use the generally recognized opensource-wallets, which have already earned the trust of the community;

📌Backup. Never forget about backing up your wallet, for example wallet.dat files, pin codes and private keys! Perhaps, it's worth duplicating the backup copy in the cloud storage - but only in an encrypted form;

📌Operating system. To store crypto currency on desktop wallets, it is more reasonable and safer to use Linux operating systems, Ubuntu for example;

📌Passwords. Use complex passwords consisting of at least 8 characters (more characters are preferred), including numbers and letters of different registers. You can come up with a mnemonic rule to not forget such a complicated password. Additional security measures - using the on-screen keyboard to enter a password, as well as two-factor authentication;

📌Exchanges. When trading with crypto currency, try not to store large sums there, and transfer exactly the same amount of funds as you need to conduct a particular transaction, can with a small margin in case of a sharp change in the exchange rate. Why? Because many exchanges are unavailable at the most inopportune moment, and many are completely rapidly closed, while others are periodically the target of hacker attacks. Try not to use the services of centralized illegal exchanges without extreme necessity, especially those that have already proved themselves from the bad side (they were "hacked" or closed for a long period). It is better to use decentralized crypto-exchange exchanges, such as Bitshares and Etherdelta.

thankyou so much for this info and i have saved your thread for the future

[royalbittinz]

Wow... Thanks for sharing this wonderful and insightful lecture. I must say, this comes in very handy and helpful. Learn a lot from this and make note of it. NB

[Ranyar]

Thanx for the checklist, probably the best thing to set up a base.
Can you recommend a strategy to check competitors for a project?

Yeah sure, i have some advices for you. Find information about competitors is quite simple. Usually on the project site there is a brief description of its purpose and the problems it solves. Break this description into several search phrases and google it - most likely you will quickly find several competitors with similar projects. Good luck in your quest!

Wow... Thanks for sharing this wonderful and insightful lecture. I must say, this comes in very handy and helpful. Learn a lot from this and make note of it. NB

Thank your for reading and feedback, friend!

[Bananiheller]

I have carefully read your checklist. Thank you-very helpful. I haven't seen ICO which correspond to all the above points. Projects that consider the good have a match on most items but not all.  What are the main points and which are additional?

[Ranyar]

I have carefully read your checklist. Thank you-very helpful. I haven't seen ICO which correspond to all the above points. Projects that consider the good have a match on most items but not all.  What are the main points and which are additional?

Thanks for reading and feedback, friend!

Main and additional points? Mmmm... good question.

In my opinion main points is:

• Does the ICO site use the https protocol?
• Is there a whitepaper on the site and how detailed is it?
• How much money does the team plan to collect and why?
• What problem does the project solve?
• Does the project have competitors?
• Are bonuses for early investors on pre-ICO is not too high?
• Is the maximum amount of funds (Hard Cap) limited?
• Is the initial price of tokens is not too high?
• How will the tokens be used in project?
• Does the project team looks trust?
• Has the project been financially and technically audited?
• Does the team have a working prototype of the project?
• Does the project have a detailed roadmap?

Do you need some examples of really good project? Here is it: BitDegree (BDG), Raiden Network (RDN), Quantstamp (QSP).

All other is additional i think.

[BitHerring]

I have carefully read your checklist. Thank you-very helpful. I haven't seen ICO which correspond to all the above points. Projects that consider the good have a match on most items but not all.  What are the main points and which are additional?

Thanks for reading and feedback, friend!

Main and additional points? Mmmm... good question.

In my opinion main points is:

• Does the ICO site use the https protocol?
• Is there a whitepaper on the site and how detailed is it?
• How much money does the team plan to collect and why?
• What problem does the project solve?
• Does the project have competitors?
• Are bonuses for early investors on pre-ICO is not too high?
• Is the maximum amount of funds (Hard Cap) limited?
• Is the initial price of tokens is not too high?
• How will the tokens be used in project?
• Does the project team looks trust?
• Has the project been financially and technically audited?
• Does the team have a working prototype of the project?
• Does the project have a detailed roadmap?

Do you need some examples of really good project? Here is it: BitDegree (BDG), Raiden Network (RDN), Quantstamp (QSP).

All other is additional i think.

Good post again, guy! I want to send you some "merits" for this post but i have not it. When you collect all feedback and update the main post/article?

[Ranyar]

I have carefully read your checklist. Thank you-very helpful. I haven't seen ICO which correspond to all the above points. Projects that consider the good have a match on most items but not all.  What are the main points and which are additional?

Thanks for reading and feedback, friend!

Main and additional points? Mmmm... good question.

In my opinion main points is:

• Does the ICO site use the https protocol?
• Is there a whitepaper on the site and how detailed is it?
• How much money does the team plan to collect and why?
• What problem does the project solve?
• Does the project have competitors?
• Are bonuses for early investors on pre-ICO is not too high?
• Is the maximum amount of funds (Hard Cap) limited?
• Is the initial price of tokens is not too high?
• How will the tokens be used in project?
• Does the project team looks trust?
• Has the project been financially and technically audited?
• Does the team have a working prototype of the project?
• Does the project have a detailed roadmap?

Do you need some examples of really good project? Here is it: BitDegree (BDG), Raiden Network (RDN), Quantstamp (QSP).

All other is additional i think.

Good post again, guy! I want to send you some "merits" for this post but i have not it. When you collect all feedback and update the main post/article?

Thanks dude! Please tell your friend (newbies mostly) about my article in first posts of this thread - it really can help them. I hope that mods once will pin this thread.

P.S. About "collect feedback and update article" - i think it take something about 1 week.

[Stavrido]

Hi, mr. topicstarter!
I want to know do you are leading some spreadsgeet where you record the results of the analysis of the ICO projects in accordance with checklist from your article?

[raahi]

It is also important to check the popular opinion about the crypto currency you are investing in. To make that happen you have to check the LinkedIn Twitter and Facebook profiles of the crypto currency and you have to confirm if they really exist the verification of their existence means that it is safer option for investment unlike many of the other cryptocurrencie which are the fraudulent in nature and have a questionable history.

[Ranyar]

Hi, mr. topicstarter!
I want to know do you are leading some spreadsgeet where you record the results of the analysis of the ICO projects in accordance with checklist from your article?

No, now I do not make any spreadsheets, because every month I analyze only a few projects. Most of the analyzed projects I immediately discard, so there is no need in the spreadsheet. I have very strict requirements for ICO for investment, and most of today's ICO's simply does not fit and half the points from my check list.

It is also important to check the popular opinion about the crypto currency you are investing in. To make that happen you have to check the LinkedIn Twitter and Facebook profiles of the crypto currency and you have to confirm if they really exist the verification of their existence means that it is safer option for investment unlike many of the other cryptocurrencie which are the fraudulent in nature and have a questionable history.

You are absolutely rigth, my friend. I'll add this to next version of my article.

[ulia93]

I often come across questions from acquaintances who do not know how to safely invest their funds and not lose them. Especially considering the recent events with the theft of large sums from users' wallets and when there were a lot of fishing sites, viruses and Trojans that are eager to take your money. Excellent manual! Thanks to the author for the helpful topic.

[Ranyar]

I often come across questions from acquaintances who do not know how to safely invest their funds and not lose them. Especially considering the recent events with the theft of large sums from users' wallets and when there were a lot of fishing sites, viruses and Trojans that are eager to take your money. Excellent manual! Thanks to the author for the helpful topic.

Thanks for reading and feedback! now you can show this article to your friends and maybe they will have much less questions) Today, information and knowledge are the key to success.

[IcoGuide.com]

For safe investment, you should make research during investing, read reviews, look at the rating and compare and than it comes to decision. Anyway, you should not take the risk you are not able to afford.

[Betszkie12]

Well this is nice post, it would be very helpful to beginners. I could see the things are so well explained and the most important things to note are given emphasis which newbies like me didn't even really know about. Good work and thanks a lot.

[Ranyar]

Well this is nice post, it would be very helpful to beginners. I could see the things are so well explained and the most important things to note are given emphasis which newbies like me didn't even really know about. Good work and thanks a lot.

Thank you, friend! You can share this article with you friends)
Tell me please do you have any questions or tips that would be useful to add to my article?

[Triss Merigold]

What do you think about the projects on bountyhive platform. In particular about the biggest awards for Gymreward and Ishook? I'm hoping to hear from you a detailed answer, because it is not sure of the success of the two companies.

[Greenw87dpecker]

I see you are well versed in ICO. I have a question which want to ask you and other more experienced kriptosistem. If the price of tokens falls down after the stock market goes below the pre-sale price, is this an indicator of scam?

[cryptoaxo]

Thank you for investing your time to write about ico investments 

[Nisansala]

Greetings, friends!
I spent 14 hours to writing and translating this article, and it covers all of my experience, starting in 2013 year. Please forgive me for my bad English. I hope that this article will be useful for each of you, friends.

Today I decided to collect all my experience related to crypto-investment in one article.
There is a lot of information and it is very voluminous, but I will try to present it more abstractly and briefly.
So, the security of crypto investment can be divided into two sections: technical and analytical. Do not neglect any of them. Perhaps for some of you these recommendations will seem obvious, but for sure everyone will find something useful for themselves, especially beginners.

Technical factors - storage and trading - where and how is the best?

📌Wallets. It is reasonable to store crypto-currencies on desktop and hardware wallets (something like Ledger). Sometimes it is not very convenient, but then nobody can "freeze" your savings and they will be controlled only by you. It is not necessary to store crypto-currencies in wallets with centralized control of funds. It is better to use the generally recognized opensource-wallets, which have already earned the trust of the community;

📌Backup. Never forget about backing up your wallet, for example wallet.dat files, pin codes and private keys! Perhaps, it's worth duplicating the backup copy in the cloud storage - but only in an encrypted form;

📌Operating system. To store crypto currency on desktop wallets, it is more reasonable and safer to use Linux operating systems, Ubuntu for example;

📌Passwords. Use complex passwords consisting of at least 8 characters (more characters are preferred), including numbers and letters of different registers. You can come up with a mnemonic rule to not forget such a complicated password. Additional security measures - using the on-screen keyboard to enter a password, as well as two-factor authentication;

📌Exchanges. When trading with crypto currency, try not to store large sums there, and transfer exactly the same amount of funds as you need to conduct a particular transaction, can with a small margin in case of a sharp change in the exchange rate. Why? Because many exchanges are unavailable at the most inopportune moment, and many are completely rapidly closed, while others are periodically the target of hacker attacks. Try not to use the services of centralized illegal exchanges without extreme necessity, especially those that have already proved themselves from the bad side (they were "hacked" or closed for a long period). It is better to use decentralized crypto-exchange exchanges, such as Bitshares and Etherdelta.

WoW Great Artical. Thanks you very much Sir. This is very helpful for me. I learn lot of thing form this artical.
I also invest so many ICO without Reserching them. Today So many ICO's are Scam.
Thanks again.

[DustyNomad]

There is new problem appears lately. To find at least one good solid project to invest or participate to bounty campaign.
I'm glad to introduce one of such projects: bitnautic.io international shipping platform.

If You wandering for a reliable investment project or fair bounty campaign please  consider to check out this thread or link above.

[freezlisca]

thanks for all the good tips, comes in handy as i want to invest in some altcoins. i want to be carefull and not throw my money away because there are good looking projects without a backup!

[Step NOY]

Icon near the computer to put candles and light:) in General, any investment in the ICO project is a risk, that's just what it is more and in some less.

[Bananiheller]

Hello Ranyar! I see you are very well versed in ICO. I want to ask. There is an interesting project: Gymrewards. It has a very large pool for bounty and the project is interesting, but I have doubts. What do you think of him? https://gymrewards.io

[Ranyar]

WoW Great Artical. Thanks you very much Sir. This is very helpful for me. I learn lot of thing form this artical.
I also invest so many ICO without Reserching them. Today So many ICO's are Scam.
Thanks again.

Thank you for reading, i hope that my checklist will be useful for you.

Hello Ranyar! I see you are very well versed in ICO. I want to ask. There is an interesting project: Gymrewards. It has a very large pool for bounty and the project is interesting, but I have doubts. What do you think of him? https://gymrewards.io

I have already reviewed this project and it did not arouse my confidence. I would not invest in this ICO. Of course, you can conduct an independent analysis of the project and you may have a different opinion.

thanks for all the good tips, comes in handy as i want to invest in some altcoins. i want to be carefull and not throw my money away because there are good looking projects without a backup!

Thank you for feedback!

There is new problem appears lately. To find at least one good solid project to invest or participate to bounty campaign.
I'm glad to introduce one of such projects: bitnautic.io international shipping platform.

If You wandering for a reliable investment project or fair bounty campaign please  consider to check out this thread or link above.

I like this project, the idea and the team. I think that these guys are well-trained in business and really know their industry. But I have some doubts about their marketing - they could do more.
How many investments have they already collected?

[masha-1v]

Well, actually to begin to examine the project site, then we'll see who the developers are and whether these people are in reality( can watch on social networks for example) Next, carefully read the white paper, and then can make a conclusion and write it here. My simple solution to find a good ICO project.

[Ranyar]

Well, actually to begin to examine the project site, then we'll see who the developers are and whether these people are in reality( can watch on social networks for example) Next, carefully read the white paper, and then can make a conclusion and write it here. My simple solution to find a good ICO project.

Back in the early autumn, this approach worked, but now before investing you need to conduct a much deeper analysis of the project.
I have not invested anywhere for some time, because I could not find a worthy project. The market is still not recovered, and scammers with each month more and more.

[yehor]

Here the good article:
Study the project team
It’s essential to evaluate the project team. Are they hiding their real names? Can you find their profiles on social media? Do they have technical experience? Are they strong in marketing and do they have experience in large projects? Consider if they can not only attract investments but build a change resistant business.

Check website addresses, email addresses, and social media accounts
Before investing in an ICO, double check that you are on the official site. Scammers can copy a legitimate ICO website and steal funds. They not only copy and crack websites but social media accounts and email addresses as well. Don’t trust private messages on Slack, because it’s one of the most favorited platforms by scammers.

Check the project’s website design
Scammers don’t really put a lot of effort and generally try to save money on designers and developers. If a project’s website doesn’t look presentable, consider that an extra reason to contemplate as to whether or not you should invest. Projects with high success rates always spend a lot on their design.

Carefully read the Whitepaper
Read the entire whitepaper. There absolutely must be a project roadmap, information about what gathered funds would be used for, how tokens will be used, and information about the team and project advisors. Make sure that you are satisfied with everything. If something isn’t clear, clarify it with the developers. As a rule, scammers either don’t answer questions at all or answer rarely and in a vague manner.

The startup should not be limited by a narrow niche or one region
If a project is tied to some specific region, then it starts to depend on the actions of government regulators. Additionally, if the project is targeting a very narrow niche, then the disappearance of that niche will lead to the project’s failure.
A project must target a global audience and strive towards decentralization. A great practice is to invest in ICO startups which add something to the development of the Blockchain ecosystem. Because your Investments will grow in synch with the crypto industry.

Be cautious towards projects from a real sector of the economy
Currently, it’s ill-advised to invest through ICOs to the construction of factories, automobiles, raw materials, farming, and etc. As a rule of thumb, these projects have serious competition with huge budgets – and the chance of success for these ICOs is insignificantly small. Additionally, there is no sufficient legal basis for the interaction between crypto economies and real sector in existence.

You shouldn’t invest in crypto assets that are tied to real estate, gold, and other physical assets. Even in the case of fortunate circumstances, expected earnings from these investments are too low to justify the risks.

In the USA, one of the first cases of fraud involving an ICO occurred when two companies, Diamond Reserve Club World and REcoin Group Foundation, acquired funds to work with diamonds and real estate. Developers didn’t even begin fulfilling their obligations, and no work was done at all.

Learn from those who have already invested in an ICO
Search for information pertaining to large crypto funds investing in startups that interest you. If large investors trusted an ICO with their resources, that means that their analysts already carried out some full-blown research and came to the conclusion that the project in question has some promise, and that the team can be trusted.

What do people write about the project online?
Read reviews and discussions on popular forums and media outlets like Bitcointalk and Reddit. On large forums, developers frequently participate in discussions, and a lot of questions that investors may have, are commonly discussed.

Evaluate if the tokens are promising
As an investor, it’s favorable to you if the token price continually increases, it’s essential to understand what kind of value tokens will have after an ICO. Figure out how the tokens will be used in the project, will there really be in demand? Are there reasons for as to why the demand for the projects tokens should grow?

Check if whether or not there will be more tokens released post-ICO. If yes then the developers need to substantiate as to why they plan on issuing more tokens in the future, and how they will protect the tokens from inflation.

Seek out the assistance of professionals
Professional advisors and analysts do offer services. They independently research the ICO for reliability and provide you with protection from the majority of scammers. Additionally, crypto funds and traders, that can carry out investments in the interests of their clients exist.

The only drawback here is that you might have to check their competency, and the services of professional advisers and cryptofunds are only accessible by large investors.

Use platforms for safe investments
We offer our project Safinus, which is getting ready to enter its pre-ICO, with the idea of ensuring secure investments in ICOs and cryptocurrencies.

We are creating a system where experienced investors, traders, and cryptofunds will create investment portfolios, the profitability of these portfolios will be verified through the Blockchain.

Beginner investors will be able to chose a suitably profitable portfolio from the rating system and invest in it with just $100. No research or even an understanding of the cryptoindustry is needed to do so.

ICOs will be added to the exchange only after receiving an approval from the community of professionals via a vote, which will provide insurance and protection from dishonest market participants.

Conclusion
The crypto market is young and not yet regulated, thus, the investors of today need to be extra cautious in order to stay safe from high risks. However, the cryptoindustry is growing, and the market is developing alongside with it, new services and tools for regulating the market and protecting it from scammers are appearing.

The Blockchain ecosystem will gradually create an immune system against dishonest community participants. Not only the market will strengthen, but the flow of ICO investments will go towards actually useful cryptoindustry projects, and investors will be able to earn more with greater security.

[gaconup123]

Great checklist! btw u should publish it also on Medium or similar so its more easy to share and also save as article for later reference!

[Ranyar]

Here the good article:
Study the project team
It’s essential to evaluate the project team. Are they hiding their real names? Can you find their profiles on social media? Do they have technical experience? Are they strong in marketing and do they have experience in large projects? Consider if they can not only attract investments but build a change resistant business.

Check website addresses, email addresses, and social media accounts
Before investing in an ICO, double check that you are on the official site. Scammers can copy a legitimate ICO website and steal funds. They not only copy and crack websites but social media accounts and email addresses as well. Don’t trust private messages on Slack, because it’s one of the most favorited platforms by scammers.

Check the project’s website design
Scammers don’t really put a lot of effort and generally try to save money on designers and developers. If a project’s website doesn’t look presentable, consider that an extra reason to contemplate as to whether or not you should invest. Projects with high success rates always spend a lot on their design.

Carefully read the Whitepaper
Read the entire whitepaper. There absolutely must be a project roadmap, information about what gathered funds would be used for, how tokens will be used, and information about the team and project advisors. Make sure that you are satisfied with everything. If something isn’t clear, clarify it with the developers. As a rule, scammers either don’t answer questions at all or answer rarely and in a vague manner.

The startup should not be limited by a narrow niche or one region
If a project is tied to some specific region, then it starts to depend on the actions of government regulators. Additionally, if the project is targeting a very narrow niche, then the disappearance of that niche will lead to the project’s failure.
A project must target a global audience and strive towards decentralization. A great practice is to invest in ICO startups which add something to the development of the Blockchain ecosystem. Because your Investments will grow in synch with the crypto industry.

Be cautious towards projects from a real sector of the economy
Currently, it’s ill-advised to invest through ICOs to the construction of factories, automobiles, raw materials, farming, and etc. As a rule of thumb, these projects have serious competition with huge budgets – and the chance of success for these ICOs is insignificantly small. Additionally, there is no sufficient legal basis for the interaction between crypto economies and real sector in existence.

You shouldn’t invest in crypto assets that are tied to real estate, gold, and other physical assets. Even in the case of fortunate circumstances, expected earnings from these investments are too low to justify the risks.

In the USA, one of the first cases of fraud involving an ICO occurred when two companies, Diamond Reserve Club World and REcoin Group Foundation, acquired funds to work with diamonds and real estate. Developers didn’t even begin fulfilling their obligations, and no work was done at all.

Learn from those who have already invested in an ICO
Search for information pertaining to large crypto funds investing in startups that interest you. If large investors trusted an ICO with their resources, that means that their analysts already carried out some full-blown research and came to the conclusion that the project in question has some promise, and that the team can be trusted.

What do people write about the project online?
Read reviews and discussions on popular forums and media outlets like Bitcointalk and Reddit. On large forums, developers frequently participate in discussions, and a lot of questions that investors may have, are commonly discussed.

Evaluate if the tokens are promising
As an investor, it’s favorable to you if the token price continually increases, it’s essential to understand what kind of value tokens will have after an ICO. Figure out how the tokens will be used in the project, will there really be in demand? Are there reasons for as to why the demand for the projects tokens should grow?

Check if whether or not there will be more tokens released post-ICO. If yes then the developers need to substantiate as to why they plan on issuing more tokens in the future, and how they will protect the tokens from inflation.

Seek out the assistance of professionals
Professional advisors and analysts do offer services. They independently research the ICO for reliability and provide you with protection from the majority of scammers. Additionally, crypto funds and traders, that can carry out investments in the interests of their clients exist.

The only drawback here is that you might have to check their competency, and the services of professional advisers and cryptofunds are only accessible by large investors.

Use platforms for safe investments
We offer our project Safinus, which is getting ready to enter its pre-ICO, with the idea of ensuring secure investments in ICOs and cryptocurrencies.

We are creating a system where experienced investors, traders, and cryptofunds will create investment portfolios, the profitability of these portfolios will be verified through the Blockchain.

Beginner investors will be able to chose a suitably profitable portfolio from the rating system and invest in it with just $100. No research or even an understanding of the cryptoindustry is needed to do so.

ICOs will be added to the exchange only after receiving an approval from the community of professionals via a vote, which will provide insurance and protection from dishonest market participants.

Conclusion
The crypto market is young and not yet regulated, thus, the investors of today need to be extra cautious in order to stay safe from high risks. However, the cryptoindustry is growing, and the market is developing alongside with it, new services and tools for regulating the market and protecting it from scammers are appearing.

The Blockchain ecosystem will gradually create an immune system against dishonest community participants. Not only the market will strengthen, but the flow of ICO investments will go towards actually useful cryptoindustry projects, and investors will be able to earn more with greater security.

Good article, but where did you take it? Please, give a link to the source. Copying content without specifying the source is not welcome on this forum.

[faza13]

Analytical factors - how to find a good project for investment?

Before investing in the next ICO, look at this list and ask yourself the following questions:

📌Does the ICO site use the https protocol? If the team did not bother to install the SSL certificate, then what security for the project as a whole can there be?

📌How does the site look? What is the overall impression? Is it credible? Do not it look like it's made "on your knee"? Are the contact details given in full?

📌Is there a whitepaper on the site and how detailed is it? Today it is difficult to imagine, but there are sites without this element, which has already become a standard in the ICO industry. Is there a whitepaper in several of the most popular languages? If the team wants to collect the announced amount of investment, then it should count on users from different countries. What does the whitepaper look like? Is there enough information about the project and the rationale for entering the ICO, thereby ensuring future profit for investors? Is detailed business plan of the project and necessary technical details described? Less buzzwords, more digits.

📌How much money does the team plan to collect and why? It is good, if the whitepaper indicates the planned expense items of funds raised. Pay attention to how much money the team wants to attract. Now, some projects call huge sums only from greed, and they do not really need funds in such quantity to realize their plans. It's some difficult to spend a few millions of dollars at once, and keeping them in one crypto currency is unsafe because of high volatility, so it's good if the team mentions in whitepaper some way of diversifying the funds raised for their greater safety.

📌What problem does the project solve? Will it be useful for millions of people from around the world, will it solve their problems? Does we implement the project in general? It should not be a "space elevator", but not a "another chat" - there should be a golden mean between the benefit and ambitiousness of the project. Sometimes it's good if the project is somehow connected with the real economy and offline business, but not always. Here the main criterion is the economic feasibility of the project and the certainty that it will be in demand. Also, it is worth paying attention to projects that expand the infrastructure and make BTC and ETH work better/faster. It's reasonable to avoid projects where the blockchain is not at all necessary and "pulled by the ears" - it is very likely that in such cases the team often simply wants to raise money.

📌Does the project have competitors? Now there are very few truly revolutionary ideas, and most ICO projects are only skilful integration of existing products with a blockchain-ecosystem. It is good, if the project has at least 2-3 competitors or projects from the related field, and this is either successful projects, or those that are also at the stage of raising funds, or at least prototypes in the form of a classic business. Why is it important? Because if there are no competitors at all, then, most likely, there is no market, and such a product is not needed by anybody and is economically unprofitable. Either this is a brilliant new idea, but such a chance is much less likely.

📌Are bonuses for early investors on pre-ICO is not too high? In some ICO projects, teams offer huge bonuses to attract early investors. If you managed to get into their number - you are lucky. If you do not have time and the ICO bonus differs significantly from the presale bonus - it's better not to invest in this project, but you can buy tokens on the stock exchange. Why? It often happens that early investors sell tokens immediately after entering the exchanges and receive instant profit at the expense of big discounts with which they bought tokens, and the rate falls 2-3 times from the price of ICO.

📌Is the maximum amount of funds (Hard Cap) limited? If not, then this is an alarm signal. If the project collects too much money (as much as it does not need to achieve the stated business goals), then it simply has nowhere to grow. Capitalization of the project can easily grow from $ 10 million to $ 100 millions in next time, but from $ 100 millions to $ 1 billion - it is much more difficult. Such projects sometimes become financially sluggish, and the team is losing motivation - why go on working hard and develop the project if you have already collected more money than you can spend? Also, pay attention to the total number of tokens - it should not be too large.

📌Is the initial price of tokens is not too high? And what is it generally justified? The smaller the initial price of tokens, the higher the "psychological" growth potential. Agree that it is much easier to grow a token from 10 cents to 1 dollar (x10 growth) than, for example, from 10 dollars to 100 (the same x10 growth);

📌Will the project team gradually buy tokens from exchanges? A good practice is if, after the completion of the ICO, the company plans to gradually buy out its issued tokens back from the exchanges, using part of the profit for each specific period of time. Due to this, the rate of the token can grow.

📌How will the tokens be used in project? What are they for and do they really need in reality? It is good, if the token is really necessary for the project's work, and it contains a certain scheme of its value growth. If the token is used only to attract investment, then the team should have a clear plan of how exactly it will bring profit to investors. A common option is to charge "dividends" for tokens once in a certain period. Thus, the company will share part of the profit with the holders of the tokens and will be attractive to investments. Sometimes for many early investors this is a good way to get some passive income if the project is successful in the future.

📌Does the project team looks trust? Ideally, these people should be experts in their field, who already have the experience of successful implementation of IT-projects. Equally important is the balance in the team between the number of technical specialists and managers/marketers. If there are only "sellers" in the team, then they can give the development to outsourcing and this is not always good. If the team is one of the developers, then there may be problems with sales and promotion of the ICO project and with the attraction of investments.

📌How open is the project to the community? Look, is there a source code for a smart contract for github? Is there any statistics on the volume of attracted investments in real time and what information about this is on ehterscan? The larger the number of investors - the more likely the tokens will be distributed evenly and the less volatile will be the token rate after entering the crypto-exchanges.

📌Has the project been financially and technically audited? Some teams are attracted by independent audit agencies, as well as information security specialists (or announces an additional bounty campaign to search for bugs and vulnerabilities) to increase the credibility of their projects by potential investors. After this, the team can publish short results of such studies on the site of its ICO project and in whitepaper.

📌Does the team have a working prototype of the project? The short history of ICO contains many examples where talented teams attracted investment only for the landing-page and mocups of the future project, but the scam among such projects is usually even greater. If the team has at least a minimum workable product (MVP) - then this is already a good sign to think about investing in the project. If the team already has a successful IT-project, and they just want to integrate it with the blockchain ecosystem and raise additional funds to expand the business and enter new markets, then this is also a good sign.

📌Does the project have advisors? If not - then this is an alarming sign. If there is, it's already good, but it's worth looking closely - what kind of people are they? It's great if they are recognized leaders of the blockchain industry, but far from all projects can boast the support of such people. For small projects, there will be enough support from good recognized experts with a large profile background.

📌Are venture funds interested in the project? If there is an official information about investments from some well-known venture investors or "business angels", this means that this ICO project has certainly undergone a thorough audit by people who are willing to invest in the project really big money and believe in its successful future.

📌Does the project have a detailed roadmap? Look at the whitepaper, at what stages is the implementation of the project broken, do the timelines look realistic? What exactly and for how long is the team going to implement and how soon will MVP be ready (if already not)? Remember that the faster the team realizes its business plan, the faster the project will start to make a profit and the sooner tokens will start to grow in price.

📌Milestone and the team's step-by-step reward. Some teams lose motivation to work hard after successful fundraising, so a good tone is considered if the additional token remuneration of the team is broken into several specific stages related to the previous point - the road map. Very cool, if the holders of tokens can somehow vote for whether the next stage is implemented or not. An alternative option is to keep borrowed funds from an independent organization (escrow), which partially gives funds to the team after each milestone implementation. In this case, the team receives its tokens only after the successful completion of the next stage of project development. The more intermediate stages, the better, because the team will not be able to immediately sell a large number of its tokens on the exchange, negatively affecting the price of the tokens.

📌What is the news background for the project? How often does the team upload news and articles about its project in social networks and on profile news portals? How do these news react to recognized crypto-investors and blockchain specialists? Are there extensive reviews on this ICO project on the well-known crypto-news portals? What about it is written by independent rating agencies and ICO calendars? Is there a real, rather than twisted, hype around the project?

What an Usefull and Great Article. This helps me to understand how to invest. I have searched to article like this because I want to start to invest in many ICOs. But I still don't do it because of my very little knowledge.  And if you and allow me, may I translate this article into Indonesian and post it there

Best Regards

[Ranyar]

What an Usefull and Great Article. This helps me to understand how to invest. I have searched to article like this because I want to start to invest in many ICOs. But I still don't do it because of my very little knowledge.  And if you and allow me, may I translate this article into Indonesian and post it there

Best Regards

Many thanks for the feedback about my article, friend! I'm glad you found it useful.

Concerning the translation into Indonesian - you can translate my article, but indicate in it please the reference to the source (link to this thread).
Write me when the translation will be ready.

But you should hurry - today I received a personal message in which another member of the community asked for permission to translate my article into Indonesian like you.

[cointopper]

Initial Coin Offerings - Everything is important. To check developers team and read their history should be kept as the first priority. If you did not find any type of history or team - stay awake, do not invest in this project. Also, it is important to check registration address and documentation (whitepaper (most important) and roadmap). Sometimes, even a bounty manager or person who represent project on bitcointalk forum can provide enough indication about the ICO.

I've found out an interesting article "what to look before investing in ICO" for beginners - https://cointopper.com/guides/ico-investment-what-to-look-for-before-investing-in-icos-initial-coin-offerings

[Ranyar]

Initial Coin Offerings - Everything is important. To check developers team and read their history should be kept as the first priority. If you did not find any type of history or team - stay awake, do not invest in this project. Also, it is important to check registration address and documentation (whitepaper (most important) and roadmap). Sometimes, even a bounty manager or person who represent project on bitcointalk forum can provide enough indication about the ICO.

I've found out an interesting article "what to look before investing in ICO" for beginners - https://cointopper.com/guides/ico-investment-what-to-look-for-before-investing-in-icos-initial-coin-offerings

Thanks for this link, friend. But now the cryptocurrency market is in a deep correction and it's quite dangerous and unprofitable to invest in ICO now. A lot of scam. Many projects that can't even collect softcap. A lot of ICO with bad ideas and disgusting business models that certainly will not work. Before investing in ICO, I would wait until the market is restored.

[hurriebra49]

Before investing you have one thing is conform in your mind and good for newbie that is the impact of bitcoin to other coins and before start trading you must follow this thing that in which strategy you have made in different market situations,

[Ranyar]

Before investing you have one thing is conform in your mind and good for newbie that is the impact of bitcoin to other coins and before start trading you must follow this thing that in which strategy you have made in different market situations,

I think that now there is no need to invest in the ICO. It's too dangerous at the moment. The market of crypto-currencies has not recovered after the strongest correction.
It is very difficult for projects to attract enough funds. I'm better will waiting for a more favorable moment for investment, when the market is fully recovered and will go into growth again.

[RDNX]

This interesting topic. I think every new ICO investors should read this advice.
Nowadays, a lot of ICO project selling a garbage. So, this topic could help us to avoid scam ICO.

[podimanikee]

An intriguing subject. Frequently demonstrate that the nearness of eyewitnesses is great. Be that as it may, with respect to the spectators themselves. When I read the data on them, I see a great deal of positive data and great criticism on their work. In any case, these individuals nearly don't influence the undertaking. Regardless of whether they influence remarks to the engineer to organization, it won't be the issue explanation, yet essentially a proposal. As indicated by its significance, it doesn't mean anything.

[aftertumern]

First of all, we must understand that any investment is risky. It is also risky to invest in ICO. In addition, it is necessary to spend more time to learn relevant knowledge and relevant information (white paper of ICO project, road map, work team, etc.), which is safe. Investment is very helpful

[valnd]

Been a long time since this post was made still it still carry much vital information and great tips on how to go about crypto currency, I particular like the section where ICO investing was analysed, i am giving thumps up to the creator of the thread