How do you find good ICO's and new projects in general?

[Why you bully me]

I always hear about people making these insane profits from crypto by investing on release. But how exactly do you find legit ones from the fakes? I was told there are mostly purely fakes.

Any advice is appreciated.

[Jaered]

There is no hard data for determining a future good project. What one can do is if the project satisfies some certain criteria, you can hop on aboard and hope they don't exit scam or rug pull along the way

[Coyster]

I always hear about people making these insane profits from crypto by investing on release. But how exactly do you find legit ones from the fakes? I was told there are mostly purely fakes.

The thing you should understand is that most of the coins users make such profits from are more or less 'lottery'/pump and dump coins, what that means is that as you have your eyes solely on the profits you heard others made from some of them, you should understand that they are also very risky, and the time you made the purchase also matters a lot, if you buy some of this coins when they just pumped, they could dump sooner or later, leaving you with losses to cope with, thinking of just 'insane profits' basically means you just want to get rich quick, and it does not always go as planned.

Having said that, Bitcoin as an investment can produce a considerably high amount of ROI, but it's mostly in the long run, it's not a pump and dump coin and you can be sure that your funds would not just plunge into oblivion, since it's more or less impossible to handpick the next lottery coin out of the many scam ones, just go for a long term project like Bitcoin.

[blockman]

Maybe those people didn't get their profits with ICOs but they're making a profit from just trading and holding. ICOs are not that viable anymore and that's why it's not too trendy today. But with the trend like those meme coins, they're riding the hype and making a lot of profits from it.
Also it's a strategy to hold and they're selling at profit and that's how they make money. But if you look into projects, non-ico, you look to the whitepaper and the developers of it.

[cabron]

I always hear about people making these insane profits from crypto by investing on release. But how exactly do you find legit ones from the fakes? I was told there are mostly purely fakes.

Any advice is appreciated.

Watch the threads in this forum https://bitcointalk.org/index.php?board=159.0

Most of the ICO team that wants funds for their project usually post in this part of the forum. Once upon a time, every ICO announcement in the forum receives funds more than enough for the project to move on. times changed though so it all depends now on the kind of project, their plans, and the team. Investors today now prefer the IDO, not sure but I've seen many users discussed it here.

[senyorito123]

I always hear about people making these insane profits from crypto by investing on release. But how exactly do you find legit ones from the fakes? I was told there are mostly purely fakes.

Any advice is appreciated.

It's really disappointing to hear those feedbacks which relates to fake investment firms who claims to be legit, same with previous years that cryptocurrency had gone so trendy. Several ICO have taken all people's money and hardwork and yet didn't get rewards and profit after all sorts of effort. Indeed those were all fake, scam, fraudulent or whatsoever you call it. My only advice for those who planned investing their savings on a certain coin, don't get fooled on new ones bur rather take advantage on the top performing asset on popular exchange like binance.

[TimeTeller]

Maybe those people didn't get their profits with ICOs but they're making a profit from just trading and holding. ICOs are not that viable anymore and that's why it's not too trendy today. But with the trend like those meme coins, they're riding the hype and making a lot of profits from it.
Also it's a strategy to hold and they're selling at profit and that's how they make money. But if you look into projects, non-ico, you look to the whitepaper and the developers of it.

If they got lucky from these meme coins. But sooner or later, a lot will get burned from investing on these meme projects.
Since most of them have no use case, they are only here as pump and dump coins or tokens.
Today, it is quite hard to find potential projects. Better look for existing projects like ETH.
Even legit projects can turn out as crap projects later on. It depends on how the dev team can deliver their objectives.
It is better to look for projects that have existing use case already and crypto users are already using it.

[sheenshane]

Not Easy to find a legit ICO. based on other people's experiences you can consider analyzing the whole project such as WP, goals, team, roadmap. if the progress and the project is going well, such as a partnership and a list in the market, you can participate.

These are good signs to spot and legit ICO, but it doesn't mean they will not turn into scams.  If you have a plan, just stick to them and watch them closely especially their community because there are a lot of discussions there and updates that give information qucikly.

That's the reason I stopped investing and participating in ICO projects because most of them are turned into scams.  Just focus on Bitcoin investment and for sure you will never regret it if you are a long-term holder.  There's a better ROI ahead when the price goes up.

[kawetsriyanto]

How do you find good ICO's ..?

or now, I never consider joining an ICO, this is an old way and this is very risky.
Every time, we will find out so many shit projects that are new, with their sometimes very interesting concepts, but means nothing and impossible.
And moreover about the new hype token or coin projects, never only put your trust in them and get some investment in them because of hype.
I believe that you can find out some criteria why a good project here and shit projects there, this forum can give more.
And about to avoid the shit projects. I personally will prefer to choose the project by analyzing their WP, real team and its experience, concept, community, and also their roadmap. however, I will also prefer to choose them if they do some launchpad or IEO on the trusted and reputable exchanges.
 

[mhine07]

I always hear about people making these insane profits from crypto by investing on release. But how exactly do you find legit ones from the fakes? I was told there are mostly purely fakes.

Any advice is appreciated.

Many people says then that if you want to find a good ICO it must have an active community, a good roadmap, a good whitepaper perhaps, a good devs and best people around the project. In 2017 i have been joining ICO's and i can say that before there are ICO's that are legit and now they are still in active with their projects, not as good as before but you can still gain profits from their projects. But now it is hard to determine the legit ICO's from a scam one, there are a lot of coins now that have been in the market, for only purpose is to pump and dump.

[maxreish]

I always hear about people making these insane profits from crypto by investing on release. But how exactly do you find legit ones from the fakes? I was told there are mostly purely fakes.

Most of the fake ones has impossible product to introduced and has copied whitepaper. The thing is that, those legit projects has a good objective with useful products in the market.

And with the help of those websites that gives feedbacks whether the project should be taken consideration or to ignore. Those top ones are usually the ones who gives massive profits.

[Kemarit]

I always hear about people making these insane profits from crypto by investing on release. But how exactly do you find legit ones from the fakes? I was told there are mostly purely fakes.

Any advice is appreciated.

Well you really have to go to social media and see what's going on.

But the thing is, it's mostly shills, so yeah, you can jump in and join the fun, but it's not that easy to make insane money specially if you are a new comer. Those that are telling you that they are earning good amount of money have either part of a pump and dump group or involved with the project itself. So obviously, they are going to promote it anywhere to get some noise. So just be careful.

[cryptoaddictchie]

I always hear about people making these insane profits from crypto by investing on release. But how exactly do you find legit ones from the fakes? I was told there are mostly purely fakes.

Any advice is appreciated.

Its easy to differentiate if you look carefully within their website, team social site or even their team. Usually team that has legit project doesnt have a shady account or you can say a fake one. Also try to dig deepr like try to make or ask them present themselve to video or call them personally. Real people wouldnt be scare to show themselve to public and you can identify them perfectly.

[Luffygroove]

Scientifically, it's a long process. You can find any info from social media and telegram, mouth to mouth, or other specific sources. After that, do your own research (some great projects must fulfill some of the criteria) and please be reminded that a great whitepaper or good roadmap or even real-life use case and utility merely, don't guarantee that those projects will be successful, not doing rug pull or scam or whatever it's called. Sometimes, meme coins or unuseful projects can be hyped by some people and bring profits. Yes, the crypto world is crazy. Then, all back to luck. Yeah, if you're lucky, you'll find that kind of project that can give you multiple times of profits. So, just keep going and pray.

[isaac_clarke22]

~

Check Scam Accusation first before trying to dive into the water. If not, try to investigate it by yourself. Being skeptical about something would help save you, your wallet and even your sanity.
About the profitability, sometimes sales would help you because you would be able to buy a lot of tokens, but remember that if it is a scam, your tokens aren't worth anything.

[caffu chino]

I always hear about people making these insane profits from crypto by investing on release. But how exactly do you find legit ones from the fakes? I was told there are mostly purely fakes.

Any advice is appreciated.

launchpad binance, I always buy when there is a new project there. the average project that is there always gives a big ROI. this is very profitable even when the market is not too good though. other than there I'm not too interested in investing. I'm hesitant to invest anywhere else, other than launchpad Binance. I've tried investing in IDOs or IEOs on other exchanges, but the results weren't very good.

[DapanasFruit]

Frankly speaking, it is so hard to determine whether the project you are going to support and invest money with will not do an exit scam or maybe just die a natural death because it is just lousy or the team is not good enough to propel it to higher ground. So in other words, this can just be hit and miss kind of thing. This is the reason why I am not gonna risk my money with new projects. Now, if you really have good amount of money, then the best way to do is to find new projects that are already supported by well-known investment groups - for sure they did the adequate vetting before they risk their funds.

[BaeSuzy]

On this day it's very hard to find the good one in ICO. I prefer to put my money into binance launchpad because it will be more safe to invest from binance. My advice if you want to invest money on ICO, you need to know everything about that project (TEAM, partnership, product and many more).

[blockman]

Maybe those people didn't get their profits with ICOs but they're making a profit from just trading and holding. ICOs are not that viable anymore and that's why it's not too trendy today. But with the trend like those meme coins, they're riding the hype and making a lot of profits from it.
Also it's a strategy to hold and they're selling at profit and that's how they make money. But if you look into projects, non-ico, you look to the whitepaper and the developers of it.

If they got lucky from these meme coins. But sooner or later, a lot will get burned from investing on these meme projects.
Since most of them have no use case, they are only here as pump and dump coins or tokens.
Today, it is quite hard to find potential projects. Better look for existing projects like ETH.
Even legit projects can turn out as crap projects later on. It depends on how the dev team can deliver their objectives.
It is better to look for projects that have existing use case already and crypto users are already using it.

Only those that don't know how to avoid further losses and don't know how to check projects and coins are the ones that will get burned. But with these pump and dump experts and riders, they won't be burned and it's mostly profit on their side no matter what the market situation is and what projects they've seen that are good to buy. They will have that technique as long as there will be those projects that are being hyped by popular people. I agree about buying and investing in the better coins such as Ethereum and other top usual coins.

[SirLancelot]

I always hear about people making these insane profits from crypto by investing on release. But how exactly do you find legit ones from the fakes? I was told there are mostly purely fakes.

Well there are lots of ICOs out there, but you have to be very careful with them, so many of them are scam and you’re going to end up wasting your time because of them. So, try to avoid these ones by going through the right source.

Even at that you still have to be able to understand the projects that are likely to be successful and the ones that are not going to be, and avoid them on time. Maybe you can make use of Coinmarket when you’re looking for airdrops and things like that, there are also other websites that you can make use of and you will be able to find lots of really good ICOs.