Hello. I would like to start investing in altcoins besides bitcoin again. My biggest criterion for the token is that its not an ICO project. Never had any great return from it.
So are there any new non ICO projects with some potential being traded on stable exchanges? Thanks
Invest in IEOs, it does not matter if a product is already finished or is still in developing. Everything that matters is the place where they are going to collect funds and if it is not a big exchange, such token sale is very likely to fail.
The exchange does not have to be necessarily big for us to trust in the projects that are on them. Is Yobit not a very large exchange? They are large exchange but we can see the quality of projects that are being released on them, how low that they are. Kucoin is a very portable exchange, but they are very reliable in their activities, they Have very solid projects that are on them.
The point I am just trying to make is that, what we need to look at is the reputation of the project itself and the reputation of the coin, if the exchange has reputation, and the project itself also has some level of reputation, then there is going to be guarantee that the investor is in a safe hand. I also prefer to invest in project that do not conduct ico because they have their own money already to carry out the projects, so its not as if they are after the money alone.
You got a valid point where I do much prefer to those projects that do have somewhat their own funds to comply all the things that they do need without
solely relying from investors in terms of development.This is one of the criteria ive been looking when tending to support a certain project.
Next, would be normally on sites reputation and popularity because you can presume that a good exchange would listed out most of the time a good project too.