Quote from: Kingairdrop on November 14, 2019, 04:34:02 PM

Quote from: foxincoin on October 27, 2019, 01:59:52 PM

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.

Very well thought up write up. I have learnt a thing or two from this. I strongly buy the idea of teams credibility. It will cost us nothing to actually do a little research aabout the team of any choosen project you want to invest in. Go through their social media handles read about them, their accomplishments and experiences. A hard working team always takes their community aling and will never allow their project to go down the drain.

Even you check the projects whitepaper, website, team members and etc. And you think it looks good it doesn't mean it can be trusted because there are still possibilities that the project is a scam. I experienced investing in a projects that are good to be true, but in the end it is a scam, so i learned that even you read all the projects information it still cannot be considered a legitimate project. It is the reason why i stop participating in ICO projects due to scam projects and it is really difficult nowadays to trust new projects even they are good.