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bitcoinvestor
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May 07, 2018, 10:46:08 PM
 #41

why is it important to look at the community of an ICO before investing in their coin?



Cryptocurrency is based on community. There are no coins that will be traded in high volume if the community is small. The bigger the community the bigger the volume trade. YOU can practice to make your own coin. If there are no community who support who will trade in the market. Community and services can be combination.
david0ikari
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May 07, 2018, 10:48:03 PM
 #42

In my opinion this is not an important factor. The fact is when you set up an aidrop for a project you will manage to get tons of people only for this aspect. So are they real supporters ? I dont think so. I do not want to say those projects are scammy but not good enough I think. Do your own research and do not have a look on this factors and pay more attention if an airdrop is on the way.
Encelad
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May 07, 2018, 10:51:13 PM
 #43

Project support for people is really the main criterion for the success of any project. This applies not only to the crypto currency. The higher the support the more popularity, the more popular the project the higher the investment, the higher the investment, the stronger and better this project can be further developed.
matsusomoto
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May 07, 2018, 10:56:36 PM
 #44

Because the community will tell us the truth if someone in the community has warned or gave some negative feedback you shouldnt be investing or else you will end up losing your money,only participate ICOs or bounties which does have positive feedback from the community because most of these new projects are scams but they cat hide the truth from the community.

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May 07, 2018, 11:05:43 PM
 #45

First go to their website and read their White Paper and look unto their roadmap if it's make sense to you. then check the background of the people if they really got a real identity.

there are many cryptocurrencies that are completely anonymous and succesful because of that, how you explain this?

mangkanor
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May 07, 2018, 11:21:37 PM
 #46

Because the voice of the people wont lie,and those shitty scammy ICOs wont have any chance if a lot of people will discuss the posibility of being a scam ICO so it is better to ask the community on how they are feeling about a certain project or coin so you can lessen the risk of joining these scam projects which is abundant to date.

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May 07, 2018, 11:43:52 PM
 #47

Community will give you a lot of idea if these projects are scams or legit ones,you should have some good asnwers from the whole community because if not you should be looking deeply with thee ICO projects,if you have found redflags with these ICOs/coins in the market you shouldnt be joining or else you are going to lose your time and effort.

OuterTech
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May 07, 2018, 11:49:58 PM
 #48

why is it important to look at the community of an ICO before investing in their coin?




Often for ICOs, the community is one of the most critical factors in assessing whether a project is potential and whether it is interested in its community. The easiest way is to join the telegram of that project and see how the manager responds to the member if they have to react quickly and in time, this is a very positive signal. You should also be aware of the objectives of the project and its future plans to evaluate a potential project.

Uncertaintea
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May 07, 2018, 11:58:35 PM
Last edit: May 08, 2018, 12:22:19 AM by Uncertaintea
 #49

The community has a very huge determining factor on the success of a project, If the community is not interested in the coin then its as good as failed as they are the immediate consumers of the product the coin offers to the market.A complete acceptance of a coin by the community is a guarantee that the coin will succeed as it will be on demand and with increased demand will increase the value of the coin. An increased market cap is a direct indication of success to the coin.
bulbolitobayagyag
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May 08, 2018, 12:00:17 AM
 #50

Because community will decide which of these projects are scams or which ones would be a good investment,because people in our community will tell the truth if the project seems to be scammy someone in the market will talk,so that you can avoid these shitcoins in the market because theres a lot of shitcoins in the market.

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gawuk
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May 08, 2018, 01:24:44 AM
 #51

Serious projects are usually managed very well. They are very active in building community by utilizing social media. But maybe that's just a start sign that the project is worth researching further.
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May 08, 2018, 01:47:38 AM
 #52

Because a large community means a lot of potential supporters.
If there is no supporter of this token, then I do not recommend investing in this token.

coremind
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May 08, 2018, 01:49:01 AM
 #53

The community of a coin is a huge sign of coin health. It shows that there is belief behind the tech/ideals , the second part is of the community is run properly. If the have mod and team members conduct themselves in a professional manner is a good sign. I’ve been watching as subpar or questionable coins are pushed solely based on the actions of the community.
inanilujimi
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May 08, 2018, 01:55:02 AM
 #54

very simple the larger the community is definitely the stronger the coin because many people who support it.
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May 08, 2018, 02:00:15 AM
 #55

The size and quality of activity in an ICO's coin does tell a lot, but I think it's more important to look at the management team behind the ICO. VLUX is one of those rare cases of legit ICOs run by experienced professionals. They were even part of the famed accelerator programme Google Launchpad - http://vlux.io/
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May 08, 2018, 02:09:20 AM
 #56

The community is of course very important, and you can learn about their employees and their interactive methods through their communities. Interact with their fans to know more useful information.
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May 08, 2018, 02:10:45 AM
 #57

The project is nothing if there's no community to support it because buy and selling is needed to dictate the price.
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May 08, 2018, 02:47:14 AM
 #58

Community is an important factor in the project, bigger community means more support and more people are interested in the project and strong community will be easier to lure more investors in the project, community also going to be in front line when the team advertise their product


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May 08, 2018, 03:09:09 AM
 #59

a great community with a strong team will certainly produce a coin which is also very good. the majority of such. so it is very important to see the community in taking steps in buying a coin to invest.

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May 08, 2018, 03:17:37 AM
 #60

A good, informational, respectful community is typically indicative of a solid project. Community should be a top priority for projects, so if its lacking or not there, you may want to look into what exactly the project is doing and why they aren't interacting / promoting a healthy community.
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