Post
Topic
Board Altcoin Discussion
Re: Is ICO WhitePaper Matter Most?
by
john1010
on 26/06/2020, 15:28:28 UTC
Who among us here have been victims of almost perfect Whitepaper?
Those sublimely well-written, full of excellent ideas and proposals that turned out to be a piece of crap!
Reading whitepaper is not enough to be a basis of investing in crypto because almost everyone can write whatever they want,
they even promise you the Moon and Stars.

So, be careful now in choosing ICOs, as much as possible look for projects that at least have initially implemented the products or services, if not the whole.



I agree with the picture above, this is the experience I experienced last year, I was fixated on the whitepaper they made and I was stuck in it, I suffered a big loss. but that became a lesson for me, to be more careful in investing in ICO.

Most of the people who involve in crypto always looking the source of information in one familiar project, that's why we are so eager to look it in the form that we can understand, now early 2015 ICO has been born and they put the brain of the project on it, Today the whitepaper is just simply to hype people and making us believe on the beauty of their project which is more of the ICO project now failed to perform well.