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Author Topic: Beginners Guide To ICO Investing  (Read 374 times)
TBboys
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September 12, 2018, 12:27:09 PM
 #21

You may find some useful insights here: http://www.coinisseur.com/what-to-look-for-in-an-ico/ Smiley

In short, you should remember a couple of things. Firstly, whitepapers are not legal documents (more of a mission statement). Secondly, when it comes to the team and communication channels, it’s quality over quantity. Thirdly, be aware of these red flags: lack of relevant document (or insufficient information therein), inexperienced team, overall lack of transparency, discretionary monetary policy (supply in the hands of issuers), marketing over code
This is true, but most of the projects today are like this.
For novices, don't blindly invest in ICO, especially in today's bear market, more than 90% of ICO will fail.I have seen too many gorgeous ICOs in packaging, and finally proved to be scams, no refunds, no transactions, only losses.
My advice is to not invest in any ICO for the time being.

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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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September 18, 2018, 07:17:54 AM
 #22

Which is the best ICO to invest for beginner?
These are the things you can self evaluate the ICO. You will need time to learn about these. Good luck.  Smiley
+ Business Idea - Business Idea
+ Team & Advisor: Structure & Experience - The structure and experience of the DEV team
+ Prototype
+ Roadmap - A roadmap for project development
+ Token Utility: How to use, supply & demand
+Community & Strategic Partners - Community and Strategic Partners

Unfortunately, there is no such thing as "Best ICO to invest in as a beginner". You have to do a bit of a research and due diligence in order to come to conclusion which is the best. You can do that by employing the following key steps:

1. Create MyEthWallet
2. Deposit some funds
3. Do your ICO due diligence
    3.1. Assess WP
     3.2. Check reviews and listings
     3.3. Find out if Idea & Solution are well-established
     3.4. Verify that the website is ok
     3.5. Check Token distribution, promos & discounts

4. ICO Stages (Private sale, pre-sale, crowdsale) - understand in which phase the ICO is currently in and understand the differences
5. KYC
6. Registration and purchase directly via their website
7. HODL or Trade

Let me be honest with you. If you are really searching for a quality material on how to invest, and what type of ICOs to choose, then go to https://www.coinpoint.net/icoguides/smart-investing-in-ico/ and subscribe to get the full Guide on how to do so!

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