Hello guys
What convinces you to join a brand new project? I suppose that this is the wonders of many investors, so why don't we share our opinions in this topic?
Thanks
A thoroughly written whitepaper is something that each ICO must possess. Good goals and plans are something that each participant and investor must study if he/her wants to actually gain profit and not with the loss if developers run in the middle of the campaign with the invested money.
I personally had some fail investment at the start of my joining to the market.
I didn't make enough research and I actually followed bigger investors which were probably in cooperation with the developers.
From that day of my loss, I am never doing the same mistake. If you don't take enough of your time to study the project better don't invest!
Did you really just say whitepaper? You will get screwed before you even know it. Concentrate more on digging up the team and you will be fine, without forgetting to find out if there is a product.
Some times, I go as far as contacting some of the team personally even on skype to be very sure I got my investment in the right hands, and as long as you start giving me some questions and doubts, I start paving way. I cannot start boring myself with the whitepaper only to find out the team will not be able to pull it off or there is no product to even invest in.