Hello , as my hobby , again um doing my research on new " Defi healthcare " Project. The Name of the Project is "medicalVEDA" and This is a Chinese project. I'm telling about this project is due to following reasons , BUT i have some doubts as well , so that's why i need your opinions before investing to their IEO..
Reasons are :
- Partners
- Team members were directly contacted by me
- Active Telegram group
- One of my crypto teacher (my friend ) has invested [He has earned 3500$+ profit by investing an another project in last 3 months] thats why im following him i
[And i read the white paper ,but I coudn't find a wrong with that , tell me if you found any issue]
, So these are the reasons , Tell me your opinions against my reasons and if you have invested to this project kindly tell me the reasons for that..
First thing first, do not invest in a project just because another person is doing so even though he is your friend, learn how to do yours and be sure of the project. This is because, he could be doing so because of hype or because of what he heard as well. Also, invest what you can afford to lose.
Now about this project, I am just hearing about it, first check their team and their level of experience in the healthcare industry. Since they have partners, how strong or renowned are they? You also need to know that. An active community is also important but most importantly is the exchange launching the IEO and their track record of successful IEOs; as for me IEO on top exchanges always to a big extent shows how reliable a project can be.