I am now extremely selective. I am not trying to be negative, but i think we are on the cusp of a huge shake up that will kill a lot of the shitcoins and level out the playing field. Thus it will be easier it invest; however, one still must be cautious.

1. never invest in ICOS with anonymous CEOS or where information is hard to get. Always do a background check or a deep dive into the executives background and see if they actually have experience in the field that is tied to there project. Example modern finance chain is crypto to fiat. The president and CEO have extensive experience in payment processing industry and they hired a VP from ripple to interface with the banks whereas Pundix has team members that have less experience in the industry (they seem to be doing good despite this but experience and knowledge trumps all)

2. Invest in projects that have a long shelf life that will be there in 5 to 10 years. Do not invest in projects where you cannot explain what they hope to achieve in less than a few sentences. Good idea that are innovative, are obvious to everyone and they solve a practical problem. Example, Tapcoin (hooch app) wants you to take ownership of your data away from the big firms who sell it without your permission (and get breached). So, they are letting you sell your non personalized data to bars and hotels in order to earn coins for free food and hotel stays. Reward systems have been around for a long time and this is a improvement on the system. Reward systems and databases (and collection for analytics) will be around for a long time and are not going anywhere. Do not invest in projects that make vague promises using catch-all terms like big data, AI processing, where you are unsure of their utility.

3. Look at competitors in the field before you invest. What are the differences between them ? What are the raises ? Compare and contrast.

4. Look for projects where they seek to make the world a better place as opposed to just making profit. Projects like Hinounou want to help monitor elders and vulnerable classes with block chain technology. This is a real problem and the CEO has a passion for fixing it. Passion is what makes people put in the extra effort whereas someone who just wants to make money, will do the bare minimum.

5. Beware of vague promises without backup. Many projects promise huge TPS or call themselves 4th and 5th gen blockchain. Those are buzz words and unless they can back up their claims in the whitepaper/technical paper then assume its all hype.

6. NEVER GET YOUR INFO from only one source such as bitcointalk, reddit, and other discussion forums. Make sure you use multiple sources and never trust just one persons word on anything. You always want to have all your questions answered and the mods and admins of the telegram group should have no issue answering them. Don't even trust me on any of the projects i mentioned. DO YOUR HOMEWORK, which requires time and effort.

Following these tips have served me well.

Hodling garbage coins that have zero utility now and in the future will get you nowhere.

Look to projects like BAT, MFCHAIN, HOOCH APP (tapcoin), and others where they are actually developing or have products that are working and that offer the market something mainstreet technology doesn't

Simples. Hodl high potential alt-coins e.g. Telcoin, ADA, ICX, UUU, DAPS.

And invest ETH into ICOs. Only the best ones. Eth is cheap so it makes sense at the moment.

My top picks for ICOs are LINKCHAIN and MFChain. Super use-cases, superb team and world-class advisors. (Don Chang joined LINKCHAIN this month - Google him if you don't know.)

I know this thread is old but the same rules hold true now. Don't invest more than you can afford to lose, DYOR and only invest in ICOs with an experienced and solid team behind them, quality ICO advisors (e.g. Don Chang who is currently an advisor for both the EdenChain and LINKCHAIN ICOs),and make sure that the ICO is actually solving a real problem for which blockchain will actually really help.

Two contests this week? Following your Telegram could become a nice little money maker haha

It is suicide to sell at this point especially if you bought in december. What can it hurt to wait a year or two to see if the situation is better. Selling now is giving away free money to high rollers.

Proper good to see a blockchain startup taking on this issue. LinkedIn can be such a pain at times when you just want to find someone reliable in a short space of time.

As we all know, the market is sh*t and the price of ETH is damn low. So I'm thinking about throwing a couple of $k into an ICO or two.

Recommendations??

안녕하세요 한인 사회,

Mfchain은 지역 사회를위한 한국어 / 영어 연설자를 원합니다. 한국의 전보 및 소셜 미디어에서 동전을 홍보 할 책임은 귀하에게 있습니다. 급여는 협상 가능합니다. 전보에 @ cryptoandrew321 메시지를 남겨주세요.

www.mfchain.com

payment systems like utrust, pundix, and mfchain
platforms like U network and steemit
any coin that has an actual product that makes people lives easier

Anything else will die a slow death.