Being a newbie, I'm looking for a good direction on learning about the markets and trading. How would you decide which ICO to invest in? Cryptocurrency is too volatile, but so there is still many people who go into investment that goes even in the newest coins which are similar (not same) in the functionality that they offer (e.g. anonymity). What is the possibility on any of these coins (or digital currency in general) being successful (or profitable)? I'm also not clear on how does the value of coin inflate or deflate; especially when the flow is controlled by the developers?
tl;dr Any resources or pointers on the topic are appreciated.
Well, i am a newbie too in this cryptocurrentcy world. For me, before i am going to decide on which ICO i want to invest, there are some questions that i ask myself for the projects, such as :
1. Does this ICO has a great founder with succesful background?
2. Who are the team and the advisors, are they great and has a potential background?
3. Does this ICO have a lot of great partnerships?
4. How about the softcap and hardcap, is it realistic?
5. Does this ICO has a working product right now?
This 5 things is the factors that decide the most for the projects to be successful. And projects like VLB made me answer yes for this 5 questions.