Post
Topic
Board Altcoin Discussion
Re: How To Tell If An ICO Is Legitimate Or Not
by
AnimeKingman
on 11/02/2019, 03:12:23 UTC
Steps:
Step 1 - Wait
Step 2 - Wait some more
Step 3 - Wait until the ICO releases
Step 4 - Watch the price and wait until it stabilizes
Step 5 - Decide if you want to buy

Why is this concept so hard for people to understand? Out of all the ICO's that were successful last year, I can think of maybe 3 that rose above ICO price after they released. Those 3 are GRIN, Nauticus, and the BTT (BitTorrent). That's about it, meaning if you guys invested in these other projects you probably lost some of your money. Why wouldn't you wait to see if the price decreases? Maybe the project doesn't even release! Now you're out a ton of money with no coins...not a wise choice guys. Patience is a virtue!

Projects Mentioned:
GRIN -https://grin-tech.org/
Nauticus - https://nauticus.exchange/exchange/
BTT - https://coinmarketcap.com/currencies/bittorrent/

Not going to lie; this can still fail really easy as any of these projects could exit scam or give up on their tokens at any time. There's varying levels of risk although crypto is a very high risk area. I highly doubt Nauticus would do that Nor GRIN. But BTT could easily bolt with the cash.
The difference being Nauticus is an exchange that is registered; GRIN is decentralized; BTT couldve been a very quick cash grab