Hello fellow community members,
Recently I saw lots of people announcing new altcoins. They're planning to launch ICO soon. But I was wondering if we should invest in ICO with proven business which will reduce the risk of our investment or go big with ICO project that we believe in but it starts from zero?
The trend of ICO is everywhere and lots of SCAMS is happening. Therefore, viewing ICO from risk management perspective is also important. What do you guys think?
"Price is what you pay. Value is what you get." - Warren Buffett
When you invest in a project closely related to a real operating business, then you can not expect huge profits, since this business already has some profitability and is unlikely to be much higher than the average market. But such investments are reliable. I think that huge profits can be obtained only from investments in projects "from zero."
Really nice input there. Any other tips to assess which ICO worth investment?