With all these ICOs popping up like mushrooms all looking very similar, things can get overwhelmingly confusing.
One pattern I noticed was that the bigger the hype, the larger the return is.
How do you guys check an ICO's hype?
Personally, I do the following:
- Check bitcointalk announcement page
- Check ICO FB page and look at engagement (likes can be bought so not really useful)
- Check Youtube and filter by viewcount
Any other tips?
Include there the following:
-Read their WHITEPAPER
-See if they have Roadmaps
-Background Check the people behind it
-See if their product is promising
Research thoroughly before you participate in ICO's.
All of these tips are legitimate and should be done before investing, but the topic creator asked about how to evaluate the hype of an ICO. I personally have made bad experiences with overhyped ICO's so I let them pass in general and look for the unhyped gems. Everyone his own.