Post
Topic
Board Economics
Re: On what way would you know that your investing on the right business?
by
darkangel11
on 02/02/2017, 23:03:12 UTC
wanna know more ideas  Cheesy Cheesy Cheesy

If you invest in altcoins and you make exchange buy/sell orders then this is the risky part.
Because you never know how high or how low will the exchange rate go, and I lost a lot because of high dumping.
But if you invest in ICO then this is another thing, you should risk and search more about the project how it is going.
If we tend to choose on ICO we should really find important informations and deep research regarding on that coin because its not really easy to choose the profitable ones because there are lots of coins to choose from.If you select the wrong one then say goodbye to your money.

Unfortunately, there are lots of ico that are worth investing while others are likely a scam.
What an ICO makes looking trustworthy is the team behind it and the estthey use.
The team won't be telling you much, as the teams behind a former successful project usually backs that project till the end and has no need to create another one. A team that made multiple projects and none of them went viral is by no means a better one than a completely fresh team with no experience, at least in the crypto market where you either go boom or bust. Also, an experienced team doesn't guarantee the project won't be a scam.