In the past I often participated in the private sale stage in particular, but now it seems to be more profitable if I participate in IEO on well-known exchanges such as Binance. Projects that interested me are those who can create a new solution to be implemented in our daily lives and continue to make us use it, in other words in the future people can depend on the products they create. However, besides that which is only a concept, I also need tangible proof of the results of their hard work that has been made so far. Their activeness in providing routine updates is one thing that needs attention. Of course we as investors do not want to if they can only plan without doing further. And I always see the background of the team members working on the project, if they have had a lot of experience then my trust in them will also increase.
I really like your points, throughout my experience as a crypto enthusiast, I've only invested in two pre-sales and way back it was profitable. Nowadays IEO is the new craze, although getting in IEO on big reputable exchanges like Binance isn't so easy, especially for new crypto enthusiasts. Honestly I prefer investing in projects when the team is proven reliable and capable to run the project properly, most importantly managing funds and focusing more on project development.
You're right. IEO investment needs to choose large exchanges like Binance because this is often the place where there are many good IEO projects for everyone involved. In fact, IEO projects are just startup projects and need a large amount of money to develop so investors will face many risks in investment. I always think many times before making a decision and considering a specific amount to participate.
In the crypto market everything can happen so trust should only stop for a short time because if the project stops updating then surely people will forget about what happened.
