What platforms or websites do you use to track projects before your ICO? And what criteria do you use to invest in them?
I often join the launch events on Binance Or join the Huobi premlist which is much safer from fraud. For the rest, I'm not too sure about dropping money into new, little-known projects. That's one way I did join, there are certain conditions that you must meet.
This method of selecting new projects is the most acceptable for a beginner, since he cannot independently conduct a comprehensive assessment of the project, and without this, such investments usually lead to loss of money. In this case, you can trust the opinion of Binance and Huobi specialists, who conducted a corresponding study before launching the project.
It is definitely a good way because you are allowing a great company to do selections for you, nothing that sucks and could be an obvious scam, could get listed in Binance for example. Don't get me wrong it could "fail", but rugpull is a very small chance, or at least it is compared to what you could do normally. This is why I believe that the best thing we could do here is just getting it done via Binance selection and that way we will not be screwed.
I know that it is not going to be simple to keep on investing in ALL of them, so you will have to pick between what Binance already picked, and that part could be the only questionable part. Aside from that, it is definitely a great idea for all newbies.