Quote from: andthereyou on June 16, 2018, 01:49:32 PM

Quote from: Gileadorji12 on June 16, 2018, 01:06:32 PM

Hello, let me clear this doubt some people said that all ICO is a scam but I don't believe them because I have invested in some ICO and make a good fortune, let me give you some clue to invest.
1. When you want to invest first of all research about the particular ico you want to invest in, try to check their Whitepaper because some ICO copy text from another ICO white papers
2. Try to check their LinkedIn profile though that does'nt matter because some fake LinkedIn profile.
3.Try to know their real location even though some use VPN to hide their location.
4.website professional matters a lot because some don't even know how to build website and they are claiming that they are in to Blockchain
5. Despite all this..involving in ICO is a big risk

The very difficult part in investing an ICO is choosing the right project and you have a good idea for choosing an ICO. I salute you for taking a risk investing in an ICO.

Investing in an ICO may be risky, but like he said it's also profitable. But the point in investing in an ICO shouldn't always be about the financial gains. Though a large percentage of people do so because of it, however, the solutions being provided have a larger economic impact. I'd give you an example. Hinounou wants to conduct an ICO, it's an already established business with partnerships and all. But the idea of doing an ICO is to leverage blockchain technology. They have also hinted that They will not be giving out special bonuses to early backers - which I think it's their way of discouraging 'profit-alone' mindset. Read about them, there's more to the story though, and you'd find that there is more credibility in ICOs than meets the eye.

However, he has rightly pointed out some important measures to take before investing in an ICO, but beyond these, go for credible projects with reliable structures already in place.