vrabac68 (OP)
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February 16, 2018, 07:48:36 PM |
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Lately i have been trying to invest 1000$ in few ICO-s and after the incident on twitter about somebody who got paid to promote ICO that was scam on the end i really was disappointed and i wanted to ask what is most important to look when exploring new companies? Is it white paper , the team or token supply and price?how to know which one is good and which one is not because lately everything is faked,pictures web sites ,team.you dont know who to believe thanks
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ICO Lancer
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February 16, 2018, 07:56:01 PM |
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Lately i have been trying to invest 1000$ in few ICO-s and after the incident on twitter about somebody who got paid to promote ICO that was scam on the end i really was disappointed and i wanted to ask what is most important to look when exploring new companies? Is it white paper , the team or token supply and price?how to know which one is good and which one is not because lately everything is faked,pictures web sites ,team.you dont know who to believe thanks
Honestly, you can never be 100% sure. Pretty much everything can be faked. It's the white paper, the dev team, the token supply/price and more. You have to do a thorough research, as well as you can and just hope for the best.
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Glomerulus22
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February 16, 2018, 07:57:51 PM |
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You made a good point.
When I check on new ICO - first I check the ICO rating sites - ICObech and ICOdrops. Then I search their web, read whitepaper, check on team - read all their LinkedIn profiles - are they experienced enough? What about CEO? Isn't he total newcomer to blockchain? I check the roadmap as well - is it realistic? Does the ICO have actually a use in the real life or it is just a worthless token? Does really this project need blockchain in the first place? Then I check the partnerships - are they legit? After that I go to this forum - just put the name of ICO and bitcointalk to google to speed the searching process up, then I check reddit, medium, twitter and finally I join their Telegram and ask questions that came from my research and I expect all will be asnwered by the admin.
I hope this helped you and thanks for reading.
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sunX3
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February 16, 2018, 08:02:21 PM |
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Unfortunately most ICO ratings site aren't that great for that reason.
Ratings can be faked or just be hyped. There are way better metrics for measuring its success like other people mentioned.
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Nakaba
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February 16, 2018, 08:02:46 PM |
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Lately i have been trying to invest 1000$ in few ICO-s and after the incident on twitter about somebody who got paid to promote ICO that was scam on the end i really was disappointed and i wanted to ask what is most important to look when exploring new companies? Is it white paper , the team or token supply and price?how to know which one is good and which one is not because lately everything is faked,pictures web sites ,team.you dont know who to believe thanks
The first thing you need to check are the team behind the project because they are the one who will handle it. This team is also responsible if you got scam. better heck their background and their credibility before wasting your time reading their whitepaper and roadmap.
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Lerikaweb
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The Fourth Generation of Blockchain in DeFi
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February 16, 2018, 08:06:35 PM |
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You must do research on the idea first. How is it connected to Blockchain? How realistic the road map is. Also, take a look at hardcap. If a company doesn't need any costy hardware, but tries to gain crazy millions - forget about it.
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Kuchiyosenojutsu
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February 16, 2018, 08:10:08 PM |
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actually you should pay attention to the team from the project, you can look it up to see their history, then you see how their ico price, whether according to your thoughts or not. usually there are some projects with hardcap that does not make sense. in investment preferably you are more careful again
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BeruchN
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February 16, 2018, 08:11:49 PM |
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actually you should pay attention to the team from the project, you can look it up to see their history, then you see how their ico price, whether according to your thoughts or not. usually there are some projects with hardcap that does not make sense. in investment preferably you are more careful again
I'd also look into their community / telegram channel. See how they interect with their community, what are they like and so on.
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---- Hot Crypto Airdrops ----
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kindbtc
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February 16, 2018, 08:15:44 PM |
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There are many ico platforms now online that accept and list only genuine projects after due diligence they sort of give me more confidence but yes the risk still remains there but significantly reduced, you can try the platforms like kickico, coinstarter, fundyourself, coss and crowdholding etc.
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BlackjinCryptoDark
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February 16, 2018, 08:34:52 PM |
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I just invest by looking at their team, if their team have experience in special field especially in crypto field I will invest
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vipercps
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February 16, 2018, 08:37:49 PM |
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It has several ICos Scam, I always analyze some points: 01 - ANN 02 - Has members (linkedin of team members) 03 - Whitepaper 04 - Twitter Take into account that they are startup's and sometimes they err on some details
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| ●● VISUAL STRATEGY BUILDER ●●●●●◎●● BOUNTY | ANN | WHITEPAPER ●●◎● ●● FOR CRYPTOTRADING ●●●●●◎●●●●●●◎●● TELEGRAM | FACEBOOK | TWITTER ●●◎● ALGORITHMIC TRADING | STRATEGY OPTIMIZATION | COPY TRADING
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Xcvbkol
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February 16, 2018, 08:39:45 PM |
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already many such topics. I think you need to look at the availability of the finished product and smart contract.
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bumbazaka
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February 16, 2018, 08:54:13 PM |
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Honestly, I do not believe any ico rating website and make an analyze myself to be sure.
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xrpdavid
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February 16, 2018, 09:09:22 PM |
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Lately I personally think hype is one of the most important things. Of course you want to be sure it's not a scam, but if it isn't I think hype is a good factor for success/failure (not always true of course).
So I definitely check out icobench ratings, team, website, whitepaper etc but I also look at how big the telegram group is, how much I can find about the ICO posted by others etc.
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BroganBloodstone
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February 16, 2018, 10:51:47 PM |
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Never use just one or two resources. Always do lots of research before investing. You cannot trust what an ICO site says alone.
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TimtheYoutuber
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February 16, 2018, 10:55:18 PM |
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Positivebetting
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vintages
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February 16, 2018, 10:55:56 PM |
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Nice threads.You are probably right, he should consider locking thread but on a serious note, whatever advices that are been given won't help much this days because lately most ICOs scammers are now doing their job very perfectly, so its quite hard to dictate a scam one. In my own opinion, I think OP should go for cheap top listed coins in coinmarketcap site, he can still make his gains.
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nata777
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February 16, 2018, 11:00:07 PM |
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Lately i have been trying to invest 1000$ in few ICO-s and after the incident on twitter about somebody who got paid to promote ICO that was scam on the end i really was disappointed and i wanted to ask what is most important to look when exploring new companies? Is it white paper , the team or token supply and price?how to know which one is good and which one is not because lately everything is faked,pictures web sites ,team.you dont know who to believe thanks
You need to thoroughly study the team, study the idea of the project and really believe that it is necessary for people, and determine the level of popularity, because sometimes even bad projects give a more profitable profit.Because the project was very popular.
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Pendularin
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February 16, 2018, 11:07:23 PM |
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Lately i have been trying to invest 1000$ in few ICO-s and after the incident on twitter about somebody who got paid to promote ICO that was scam on the end i really was disappointed and i wanted to ask what is most important to look when exploring new companies? Is it white paper , the team or token supply and price?how to know which one is good and which one is not because lately everything is faked,pictures web sites ,team.you dont know who to believe thanks
Honestly, you can never be 100% sure. Pretty much everything can be faked. It's the white paper, the dev team, the token supply/price and more. You have to do a thorough research, as well as you can and just hope for the best. We can't depend on the rating because everething now can be paid.For me we should researchful especially what the classic of team they are then the roadmap and whitelist on how they perform well.Theres many things we should considered on how to recognized a good ICO project.
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