longwintershere
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Activity: 224
Merit: 1
“Revolutionizing Brokerage of Personal Data”
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May 07, 2018, 03:19:02 PM |
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why is it important to look at the community of an ICO before investing in their coin?
it shows the popularity of the project, however doesn't fully do justice do the team. Especially at its early stage, the community might be tiny but the project can be of tremendous potential.
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TRADE YOUR DATA ● PDATA TOKEN ● ─── OPIRIA.IO ─── ██████████ [ PRE-SALE April 10th ] ██████████
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Borisb52
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May 07, 2018, 03:19:10 PM |
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why is it important to look at the community of an ICO before investing in their coin?
And how can you invest at random? First of all, you need to study the project itself, the project team, the white book and the road map. And only then make a decision about investing. You need to do this if you want to profit from your investments.
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bobo012
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May 07, 2018, 03:20:12 PM |
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why is it important to look at the community of an ICO before investing in their coin?
Do you read about the product you are buying, for instance laptops? Read reviews and so? I beat you did that for something in your life, and the same is with investments. You want to know everything before you invest
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target
Legendary
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Activity: 2282
Merit: 1041
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May 07, 2018, 03:34:31 PM |
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Community can be build up. If the project is uniquely good that the coin has usefulness not just for the community to be built but for the regular people as well then your investment will be safe and could potentially grow. Of course the team experience and the background of each still matters though and also the partners and advisors of the project and I guess someone should verify whether the partnership is real.
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maxim4eg123
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May 07, 2018, 03:37:19 PM |
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Any project needs a community. It is an indispensable condition. Think about it. If coin has no community or very few communities. That coin will have very little mass exchange. and no volume. This means that the coin will die
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Ridwan Fauzi
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May 07, 2018, 03:39:44 PM |
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why is it important to look at the community of an ICO before investing in their coin?
That's very important for you, the ICO community or developer is the benchmark of a project's success. The ICO project can be a success if the community strives to find funds to make their coins marketable and accepted as coin in cryptocurrency. If you think this is unnecessary then you are ready to lose the money you spend on investing in ICO.
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kinki32
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Activity: 266
Merit: 10
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May 07, 2018, 03:45:24 PM |
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First of all the community can be bots. Everythings digits in Internet it's fake. Instagram has 85% of bots. Every project in crypto it's work with your community but you must read every post, every thread.
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zeze18
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May 07, 2018, 03:51:05 PM |
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why is it important to look at the community of an ICO before investing in their coin?
Because we can seperate people who just want to take a profit and run, and people who wants to build a coin that will live in a long term. If the community contains too many dumpers, the coin will be dead in short time
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surgical_duude
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Activity: 349
Merit: 10
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May 07, 2018, 04:02:27 PM |
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why is it important to look at the community of an ICO before investing in their coin?
Because there are many scam ICOs. So believing in the promise of the founders is stupid things. Looking at the community is the way to check the reliability and potential of the project. A successful project is a project that the developer and the user develop it together. HYDRO TOKEN is a great example of the success of the community and dev. You can also know developers responsibilities and dedication to the project through their community. Community is the important factor in the success of ICOs Have you ever read the ICO's review? It is usually written by users. Community feedback on ICOs is very important, based on which you can make your own investment decisions.
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CryptoSheikh
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Activity: 168
Merit: 1
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May 07, 2018, 09:21:58 PM |
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Not only ico but also project. It's important because it means that there are a lot of people who supports the project will not sell all of their coins because of stupid fuds
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jeffbitcoin2018
Newbie
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Activity: 210
Merit: 0
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May 07, 2018, 09:34:48 PM |
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Yes its important to at the community before investing coin!! Epcailly to the owner and staff of the bounty campaign!! You need to see the spreed sheet if that alwasy updated in time you apply!! Thats a good bounty if realy there be so good owner and active staff!?
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Miminaha
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Activity: 368
Merit: 10
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May 07, 2018, 09:36:08 PM |
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why is it important to look at the community of an ICO before investing in their coin?
I thonk we all need it in order to distinguish the proje ts which are really worth investing in - people can tell you about the pluses and minuses
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JanpriX
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May 07, 2018, 10:06:55 PM |
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Coins that are successful nowadays have similar characteristics and one of those many factors is the community behind it. A coin that has strong community backing it up will mostly likely to succeed because believe it or not, cryptosphere is a community-driven market. With that in mind, you must always check first the quality of its community before making any decision to invest into it. Will you invest your hard-earned money if the people supporting this specific coin is know for fraud or any illegal activity?
People surrounding a specific cryptoccurency contributes to the future progress of it. Without them, the growth of that coin will be stunted and most probably fail in the end.
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erre
Legendary
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Activity: 1680
Merit: 1205
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May 07, 2018, 10:08:26 PM |
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Because we are still in an hype phase, and most coins are valued based on marketing and not on real technical value, and the community is crucial for viral marketing
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paulmaritz
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May 07, 2018, 10:16:08 PM |
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why is it important to look at the community of an ICO before investing in their coin?
It is important, because you can have the best project in the world, but if there is little community support - you will have a tough time getting the network effect to work for you. That being said, most projects start with small communities, which normally grow over time. I've discovered many good projects with small, but growing communities. Another benefit of larger communities is that it normally ensures more liquidity - something that is good in terms of price discovery, etc.
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boyjackyou
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DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
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May 07, 2018, 10:18:49 PM |
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Because community wont lie,ICOs can hide their shitty shady businesses but not with the community because some people will do a lot of research and if these people find out some potential redflags it will be the reason why most of the people wont investo to that particular ICO,it is important because the community will give you good and bad reasons why you should or not to invest.
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mylyn2327
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Activity: 294
Merit: 12
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May 07, 2018, 10:20:53 PM |
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why is it important to look at the community of an ICO before investing in their coin?
It's very important for you to be able to distinguish if the ICO is legit and if it has a good community there's a big possibility for that ICO to succeed. We all know that scammers are around so better know it's community first if you don't want to be a victim.
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onesalt
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May 07, 2018, 10:27:29 PM |
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There are many reasons but the most valid one, if the community is strong, then you can be sure that people will not let the price of the coin to reduce in a big manner. Because they are waiting to increase the number of coins they have, and a smaller reduce in the price, they buy it.
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Koadharber
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May 07, 2018, 10:29:36 PM |
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why is it important to look at the community of an ICO before investing in their coin?
Its a great factor which you would see or check first the community of a certain project which if you do saw a big community then it does signify a strong support towards it which it would be potentially good for long term aspects or do have high chance on succeeding into their sale compared to those who do have less people or do have a small community but well it doesnt mean anytime to be accurate because i have seen some small communities do able to get big later on.
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drachman
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May 07, 2018, 10:41:05 PM |
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why is it important to look at the community of an ICO before investing in their coin?
When it comes to investing in an ico you cannot leave anything out of your analysis, remember you're investing your money and I do not know about you but I do not like to give away my money for free, so researching what the community is like will allow to you to know if they are very enthusiastic about the project, if they are finding bugs in the development, or if they are just a bunch of speculators.
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