coffeeastronaut
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April 11, 2019, 08:19:25 PM |
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-watch out for fake teams no matter how good and tempting the website design looks -secondly all those rating sites are not trustworthy ,they get paid to rate any project as 'high' ,I stay away from them -don't invest in projects that delivers something that other projects have already offered
Very good points. And like what other people already mentioned in the thread; that ico listing and rating sites are not to be trusted. One has to do due diligence of the team and project themselves!
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hongxiem12345678
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April 12, 2019, 03:01:10 AM |
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I think the best way to distinguish good and bad projects from my experience is to pay attention to the process of the project team. See how often or not
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Greeno Force
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April 12, 2019, 03:32:09 AM |
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You can always see the diligence of the project team in a good project, an excellent site, a clearly drawn up roadmap following it, and of course softcap.
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der_troll
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April 12, 2019, 11:24:22 AM |
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You are right, there are too much blockchain based projects in this industry and literally no more than 200 coins are really worth something today. We need more working solution and not just another project with a well written whitepaper, to finally move on towards the mass adoption of blockchain.
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Coltpython
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April 12, 2019, 11:39:27 AM |
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One cannot 100% tell which project will do well. I have participated in ICOs that looked very good with high potential to do x2 and above. But when they list, you start seeing the price dump way below token sale price. It is all a risk.
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Dennicex
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Coinsbit exchange
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April 12, 2019, 11:55:48 AM |
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I think what to say about good projects and bad ones is not entirely correct. There are projects promising and unpromising. For example, I like it when the project has its own unique idea, like for example Sound Money Coin. I consider such projects promising.
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bartusv
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April 15, 2019, 11:57:24 PM |
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I would believe only for independent advisers who has not gotten paid for their opinions and analyses. The best is when you do your own research and make decision based on it. Of course we have to listen to the experts, just not allow to rely on them.
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Ezenwanyi
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April 16, 2019, 07:15:50 PM |
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There are different ways of differentiating between good and bad projects by different people. Personally, any project that the team members are inexperienced coupled with the fact that the project does not have a working product , and not in any way contributing to foster blockchain adoption is a a bad projects for me.
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Nolimitz84
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April 16, 2019, 07:42:51 PM |
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There are independent experts who understand every start-up to the smallest detail. You can always rely on their opinion, and most importantly, they practically do not make mistakes.I won't name them for advertising purposes,but you Can easily find them.
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Vishnu.Reang
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April 16, 2019, 07:51:50 PM |
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First thing to do: Look at the team. Check if any of them has experience in the blockchain development. After that, read the whitepaper. Does it sound doable? and finally answer the question: Does it really need a blockchain?
These are some of the basic checks, but still they are quite difficult to implement. How can you chose a project after looking at the team? Nowadays it is very easy to create personal websites and Linkedin profiles, where all the information can be falsified. And even whitepapers can't be trusted. There is a chance that not everything that is given in the whitepaper may be present in the actual project.
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LUCKMCFLY
Legendary
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Leading Crypto Sports Betting & Casino Platform
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April 16, 2019, 09:06:05 PM |
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Nowadays it is very easy to distinguish quickly, when a project has a future or not, and the quickest way is to check your Whitepaper and if they have there listed in a Level 1 Exchange, if it is not, the project is very likely to fall, this I took as teaching a very good project of an anonymous coin, which, everything was excellent, but when they started listing on Exchanges that were Scams or bad, the community asked them to do it in one of Level 1, they They did not do it and the project failed.
For me the key is to list it in an Exchange NIvel 1, according to my experience.
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Runbitup
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April 16, 2019, 09:49:53 PM |
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I just follow my heart because in my opinion it is better to choose a project with my own abilities even though I cannot really distinguish a good project, but I just try what I can do and always do my best to analyze it and only believe in choices myself without being influenced by other people's thoughts.
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odukoyaewatomi27
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April 16, 2019, 10:22:57 PM |
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There are certain factors that you should consider while analyzing a good project from a bad one. They are as follows
The purpose of the project Whether or not they have a working prototype The team of the project The quality of the website The hype around the project The token metrics etc
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Karlinz
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April 16, 2019, 10:29:34 PM |
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At this time around, it is usually very difficult to know a good or bad project, going by my own definition of good project as one that will eventually turn out to good profit after listing and the bad as the reverse. Apart from all the stated researches and procedures, the most important element there is luck. I have seen some seemingly bad projects that eventually turned true and vice versa. But the most important to look into is to check out the community backing and what the community says about it
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Zythiphill
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Free Crypto in Stake.com Telegram t.me/StakeCasino
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April 16, 2019, 10:43:01 PM |
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In such a market, it is difficult to distinguish , especially if this project is associated with ico , such projects are not popular , and it is rather necessary to skip them than invest
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Rapidgator
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April 16, 2019, 10:52:28 PM |
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First thing to do: Look at the team. Check if any of them has experience in the blockchain development. After that, read the whitepaper. Does it sound doable? and finally answer the question: Does it really need a blockchain?
In my opinion first thing or second because it is still important is a place where the project/team is operating, those in Switzerland, Malta etc. are going to have more advantages in future in legal terms.
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anggracoin
Member
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Activity: 490
Merit: 10
freelanex.io
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April 16, 2019, 11:15:27 PM |
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First thing to do: Look at the team. Check if any of them has experience in the blockchain development. After that, read the whitepaper. Does it sound doable? and finally answer the question: Does it really need a blockchain?
In my opinion first thing or second because it is still important is a place where the project/team is operating, those in Switzerland, Malta etc. are going to have more advantages in future in legal terms. In short, do your own research about the new project. The use of project products is central to the sustainability of the project with the support of the team and funding partners to be important to analyze. After that is done, the place becomes another important thing to consider.
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Badhuamin
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April 16, 2019, 11:35:21 PM |
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this will help the bounty hunters and investors to find a good ico poroyek and have a real project because most of the ico they failed last year and some were successful but they could not compete in the market.
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dizzy1996
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MoonDeFi
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April 18, 2019, 07:35:33 PM |
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I can tell you this is very hard to find a decent project, as the project is evaluated by many criteria. It happens that the project is very popular, but in the end it turns out to be a scam. So you need to carefully look at the projects in which you invest.
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BitcoinPanther
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April 18, 2019, 07:40:50 PM |
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It is quite hard because good and bad projects both shows the needed details but we can segregate them if we look into the projects pocket, activities and public appearance in conferences and exhibits. From that we can see the project that have capability to start up the campaign and marketing without relying on the fund collection. In every start-up, advertisement and marketing campaign is very important so having a budget for that is a great advantage towards the success of ICO. And through public appearance, we can set aside the risk of having fake team doing the ICO.
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