Post
Topic
Board Altcoin Discussion
Re: How to choose a good project to invest.
by
Oyimeelijah
on 07/11/2019, 20:59:40 UTC
How to choose a good investment project
I understand that many of us do not suggest investing in ICO but I have to say not every ICO scam, invest in IEO no matter  the  exchange is, it is better than investing in ICO.
However, these steps help to judge the project.
1.   The team behind the project, it is extremely important to see who guides the project, experiments, are they able to implement the road map.
2.   The idea of the project, what the project solve, is the project can change something or introduce something new.
3.   What has been done and are there any steps the team is taking to prove credibility.
4.   Is the project is ICO or IEO, IEO will be better.
5.   How many exchanges the project listing.
6.   The type of the exchanges(however this is not issues as some project cannot go with top exchanges, top exchanges required a lot money).
7-     check (twitter, facebook, telegram, website metrics).
8-     It will be good if the project has ann on bitcointalk forum.
9-     Pay attention to what the team promised, it should not be far from reality or promises to enrich or quick profit (such as 200% profit).
10-   Look for old project in the market at least 3 month old.


This is quite insightful, kudos to the author. I feel investors are just to caught up with failed project to realise or actually see that not all project fails or not all project scams. If chances can be given to new start-ups, then i believe we can see changes in the way things are currently. I know it is not actually easy to part with funds (that was meant to bring in new funds) to failed projects but we should remember that the good project out there started from somewhere.