Hi everyone
New to this forum but I see a lot of veteran advice here. Lately I've been researching, tracking and dabbling in a ICOs. I'm wondering what everyone's opinion is on ICOs, in general, and what your guidelines for investment might be. Note, this isn't a standard "should I invest in btc or X, Y or Z thread, but more of a place to share some strategies.
Personally I always start with the whitepaper and research it and its merit. If it sounds reasonable, I try to answer the question of "what problem does this ICO solve?" - is there a need for it, or, is it simply applying blockchain to some aspect of some industry for no real reason.
Finally, I look at the team. Have I heard of anyone, can I find them on twitter or LinkedIn, etc.
Anyone have other strategies they are willing to share? Looking forward to the discussion!
You've got everything that is needed to look for when investing in ICO. From reading the whitepaper to the ICO team and the social media profiles, the last thing to look for is the company location, background, roadmap, and the previous achievements. with all that looking good nothing fishy then can go ahead straight to invest in the ICO.