Post
Topic
Board Altcoin Discussion
Re: ICO investment criteria and advices
by
wxa7115
on 14/02/2021, 19:57:16 UTC
Usually I check icodrop webpage but Im not totally secure on where to put my money in. I would like to know peoples criteria in order to choose a good ICO.
There is prolly no good ICO, and if you're not so certain or secure on where to put your money into, then Invest in Bitcoin; ICO's hardly have projects that gives ROI to it's Investors, you're more likely to be scammed and lose your funds if you Invest in ICO's than to make profits. If you prolly already have Bitcoin, and want to acquire altcoins, then ethereum is the best or prolly even the only trusted choice. Before making any investment decision, always verify and do not trust.
That is why I said to the OP that he's probably four years too late, the model of icos is completely obsolete and the developers of icos are completely to blame, there was a time in which people trusted ico developers because they were releasing good projects but then scammers realized that if they released a project that seemed to be legitimate they could get a fortune, and they did, but unfortunately so many people lost their money in the process that now no one trust in those coins anymore.

And while many other forms of raising money have been created since then the bad experience that many people got with icos is something they will never forget and that's why many prefer to stick with bitcoin and I really think that is what the OP should do because it doesn't seem as he has any way to differentiate good projects from bad ones.