Quote from: ilovealtcoins on Today at 05:05:28 PM

Quote from: Coin_trader on June 28, 2022, 07:03:39 AM

Quote from: Kweek on June 27, 2022, 07:56:06 PM

About new cryptocurrencies what interests you most in an ICO? What strengths and weaknesses in the ICO? And what values do you as an investor observe before acquiring a crypto asset before its launch?

What interest me the most are Ventures Capital backing it because it only mean that the project has a huge startup funds to operate besides the additional funds coming from IDO/ICO, Most of the project that has good VC usually turns ito good outcome because they have enough resources to use for the project development and marketing at the same time. Startup project that solely relying on IDO funds usually died after a year since the operating cost and exchange listing is too much for them to handle while they are liquidating thre tokens to use as operational funds which always results to price dump of tokens up to the point that its already worthless.

Luna was once a project backed by large funds, including the famous investment fund finance. But things still don't go as we thought and Luna still falls even the way luna falls faster than shitcoin. All for reference only, there is no guarantee that the project approved by a large fund will not be a scam.

That's true and things like that must be considered because in reality no one can really guarantee,
before of course we all never thought Luna would fall and become like this,
maybe no one predicts it so we must always be careful