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Author Topic: Are you selective when you participating in ICOs?  (Read 4402 times)
Deallove9
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November 15, 2018, 05:57:59 AM
 #521

Yes , I have to be selective in any project I get in even if am an investor , I can't just see project and jump in to it for reward sake but still we still have many fail project which I see as a major issue when it comes to raising funds, giving reward to bounty hunters as stipulated, getting listed in good exchange and many more , so everything still goes down to the team who are the main driver if any project.
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November 15, 2018, 06:03:39 AM
 #522

There’s a ton of shitty projects out there. Even most review sites list them. Looks like it doesn’t take anything to get listed on previously popular pages. So now we have to do our own research. Find out primarily about the team. Top team means the project could steer well in this market. If you don’t get a good project team and Usecase don’t invest keep your $$$

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mr.Belyavski
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November 15, 2018, 06:25:36 AM
 #523

Participating in the ISO can not be non-selective. 90% of the case in this case depends on selectivity, and if not to be selective, then the work will not be justified, and efforts are spent in vain. In addition, as selectivity, it is important to be attentive to the rest of the moments, it is not for nothing that this work is called bounty hunting, therefore the approach should be like that of a hunter  Wink
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November 15, 2018, 06:48:24 AM
 #524

There are many popular sites are available like Bountyhive,Bountylord that gives the ICOs announcement their duration time etc.
I want to know that how you select an ICOs to either participate in it as invester or a bounty campaigner.
I try to look for ICO on rating sites and I take part in bounty campaigns that have high ratings and already collected soft cap and are guaranteed to be paid.
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November 15, 2018, 04:09:34 PM
 #525

I am now extremely selective. I am not trying to be negative, but i think we are on the cusp of a huge shake up that will kill a lot of the shitcoins and level out the playing field. Thus it will be easier it invest; however, one still must be cautious.

1. never invest in ICOS with anonymous CEOS or where information is hard to get. Always do a background check or a deep dive into the executives background and see if they actually have experience in the field that is tied to there project. Example modern finance chain is crypto to fiat. The president and CEO have extensive experience in payment processing industry and they hired a VP from ripple to interface with the banks whereas Pundix has team members that have less experience in the industry (they seem to be doing good despite this but experience and knowledge trumps all)

2. Invest in projects that have a long shelf life that will be there in 5 to 10 years. Do not invest in projects where you cannot explain what they hope to achieve in less than a few sentences. Good idea that are innovative, are obvious to everyone and they solve a practical problem. Example, Tapcoin (hooch app) wants you to take ownership of your data away from the big firms who sell it without your permission (and get breached). So, they are letting you sell your non personalized data to bars and hotels in order to earn coins for free food and hotel stays. Reward systems have been around for a long time and this is a improvement on the system. Reward systems and databases (and collection for analytics) will be around for a long time and are not going anywhere. Do not invest in projects that make vague promises using catch-all terms like big data, AI processing, where you are unsure of their utility.

3. Look at competitors in the field before you invest. What are the differences between them ? What are the raises ? Compare and contrast.

4. Look for projects where they seek to make the world a better place as opposed to just making profit. Projects like Hinounou want to help monitor elders and vulnerable classes with block chain technology. This is a real problem and the CEO has a passion for fixing it. Passion is what makes people put in the extra effort whereas someone who just wants to make money, will do the bare minimum.

5. Beware of vague promises without backup. Many projects promise huge TPS or call themselves 4th and 5th gen blockchain. Those are buzz words and unless they can back up their claims in the whitepaper/technical paper then assume its all hype.

6. NEVER GET YOUR INFO from only one source such as bitcointalk, reddit, and other discussion forums. Make sure you use multiple sources and never trust just one persons word on anything. You always want to have all your questions answered and the mods and admins of the telegram group should have no issue answering them. Don't even trust me on any of the projects i mentioned. DO YOUR HOMEWORK, which requires time and effort.

Following these tips have served me well.
asbak66
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November 15, 2018, 04:27:16 PM
 #526

Of course u must very selective when choose ICO to invest cause we're out our money there and don't want to make a lose
If you're just a bounty hunter it more be easier than an investor cause you're no need to afraid lose your money

rufusBTC
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November 15, 2018, 04:33:57 PM
 #527

We all have to selective about icos. Investors and bounty members. Choosing the project is the hardest and the most important part of that. Personally i am very selective when i am joining any bounty and investing any ico.Because there are too many scam projects and we have to detect which one is real and which one is scam .

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November 15, 2018, 05:11:55 PM
 #528

Yes, I am selective when I participating in ICOs. It is true that there are a lot of scammers and vultures out there. Generally, I check the website of ICO. After that, I check their ico listing information. If I think all of them are good, then I do the bounty campaigns.

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November 15, 2018, 05:13:18 PM
 #529

ICO is a field in which it is not so easy to make money and it is very easy to lose your savings. Your desire to make a profit is faced with high risks, consisting of many factors, your main task is to identify all risk factors and eliminate the risks as much as possible. And that means being at least 10 times selective than usual.
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November 15, 2018, 05:14:45 PM
 #530

yes I just pick and choose ico. because I do not want to suffer any more losses due to the wrong choice of the ICO project. although lately it's difficult to determine which projects are good because now Scammers are very smart at making fake projects
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November 16, 2018, 10:25:50 AM
 #531

There’s a ton of shitty projects out there. Even most review sites list them. Looks like it doesn’t take anything to get listed on previously popular pages. So now we have to do our own research. Find out primarily about the team. Top team means the project could steer well in this market. If you don’t get a good project team and Usecase don’t invest keep your $$$
how to learn about the team and how to evaluate it? the only work of the group could be the implementation of the road map phase. in the current bear market, any team will face liquidity difficulties.

                           
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Prosperityforall
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November 16, 2018, 10:29:51 AM
 #532

I select some ICOs from crypto differ, Ian balina website and ico drops.
In this case I am sure in quality of icos and don't need to make deep analysis
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November 16, 2018, 05:03:03 PM
 #533

I select some ICOs from crypto differ, Ian balina website and ico drops.
In this case I am sure in quality of icos and don't need to make deep analysis

A well-chosen team provides half of the success of the project. Important to check at website information about members of the company with detailed background and contact information. Also nice if somebody from team had successful projects in past.
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November 16, 2018, 05:13:23 PM
 #534

In the place of today's investors, I would be extremely careful and attentive, there are too many people on the market who want to deceive you and steal your money. It doesn’t matter if they are hackers or simply fraudsters, whether you’re caught in their traps depends only on you. Personally, I prefer to completely protect myself from scammers and not to invest in any ICOs, for now.

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November 16, 2018, 05:14:13 PM
 #535

Yes, it must be selective. First I have to ensure the legitimacy of the ICO developer team, secondly I will read the ICO whitepaper, thirdly I will look at the roadmap and finally I will see the offer of developers whether to provide products that can be used in the real world.

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November 16, 2018, 05:43:21 PM
 #536

To read or read about all your skills and you do not have enough time. Therefore, I either follow certain bounty managers in this forum, they make an announcement of the topic, and I start looking for information on this project. Or watch the site icodrops. I don't use much anymore

Very good choice! I recommended Icodrops as a cool company which gives exact predictions and evaluations of new ICO projects! I completely agree with you - that's a very good site for estimation of one or the other projects!

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November 16, 2018, 05:49:59 PM
 #537

To find a good company, you have to analyze the project. When analyzing the project, I pay attention to the idea of the project and the possibility of its implementation, check whether real people are in the team and what their experience in this field. In addition, I study white paper, look at the activity in social networks and the number of participants. And the most important thing for me is whether the project has collected soft cap.

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November 16, 2018, 05:54:11 PM
 #538

yes, it's normal to be selective! Most ICOs are scam,And you wouldn't want to loose your money. This money we worked very hard to make it.
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November 16, 2018, 05:57:22 PM
 #539

There are many popular sites are available like Bountyhive,Bountylord that gives the ICOs announcement their duration time etc.
I want to know that how you select an ICOs to either participate in it as invester or a bounty campaigner.
Of course because i want to invest my money to that icos, if i'm not selective i will get scammed by that project. Especially in this current situation, there's a lot of icos scam popping up. That popular sites just for references for us to make decision before we want to invest in some icos.
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November 16, 2018, 11:40:29 PM
 #540

At the moment, there are no normal ICO in which I would dare to invest and that is why I am waiting for the emergence of new projects that will really be worth something.

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