Post
Topic
Board Altcoin Discussion
Re: You should be carefull of what ICO your going to invest with!
by
Astrilian
on 09/08/2018, 17:42:47 UTC
how sure you are of what ico are you going to put your money to get a lot of profit with,can anyone give me some advise to know what ico is going to be a successfull in the end if their campaign?

Well for me in order to invest I do research very well before going into it. Like checking the team behind the project as well as the aim of the project to know whether it will have an impact to the market. Lastly learn to read whitepapers because you will know all the necessary infomation about the project there.

Very good point, the team is a starting point but that is not enough, for instance does the product have a strong usecase and potential for adoption, I liked the way you framed it: How high is the chance that "it will have an impact to the market". In order to assesd that you need to do a lot more research. What is the problem they are trying to solve, and is it a problem just in their eyes or will the market agree and ensure adoption? I think these are the questions people need to ask themselves more. That will not save you from bad investments, but reduces risk.