I only invested in bitcoin because a friend convinced me to. If there is a new cryptocurrency, what are the parameters / requirements that would make you decide to invest on it?
Investing to new coins now isn't a good idea anymore though there are really exceptional coins out there.
But what makes me worry are those coins that are good in promotion but soon their project will turn into a scam.
They won't show their true nature in the beginning. What you need to do is to do a lot of research about them.
Don't we all do that when we invest into a new ICO? There has been literally BILLIONS of dollar invested in ICO market in 2017 and 2018 combined, thats more investments made to NEW crypto currencies than some countries GDP and even combined stock market all invested into new crypto currencies and I am not even talking about the market in general I am talking about the ICO's that came out in the last 2 years and got funded.
There was couple of them that even passed the treshold of hundred million dollars which makes them already a big huge company whereas companies like whatsapp and all that startup jazz ones got much much less money for a lot less returns. It is a wild world in ICO land however we have all been there at one point or another.