Quote from: shield132 on August 10, 2017, 02:46:04 PM

Quote from: jdkarma627 on August 10, 2017, 01:53:03 AM

Rule #1: Invest only what you can afford to lose.
Rule #2: Never forget about rule number 1 (cuz if you start losing and dont remind yourself about rule #1, you will get into depression real fast and it will kill you inside out)

Crap out of the way. Do your own research as other people suggested. Don't put your money into something just cuz someone told you to do so.

High reward comes with high risk aka ICO and altcoin. I wouldnt call all of them scam, there are many reasons why ICOs and altcoin might not end of being successful. 90% of the startups FAILS these are no different.

trust? it's mainly opinion based when it comes to alt and icos.

"I know this x guy personally a great guy, he is a great CEO. I trust him. He wants to go to Mars in 5 years that's what he is trying to sell" I trust the guy but iffy abt the product. You get the point. The only outcome is going to be opinion based. If the product does get some success, it wont be an ICO anymore....it's a gamble at the end of the day.

To my mind you start wrongly from your first rule. Investing of money that we can afford to lose means no important profit unless you are a billionaire and number of such people is very low. ICO is mostly for normal investors, for people who can risk more than they can't afford to lose.
That's why investors need to know details and try their max to choose right and trustwortht ico.

I do have to disagree with your mind in that case. I am not a billionaire, i invested a few bucks into ICO but i wont invest my life saving on it!! Nothing is stopping normal people from investing into ICOs but dont get carried away if you dont make anything out of it. We are not investing into ICO or startups for our mom and pups 1-5% annual return are we? There are high risks involved cuz we want a lucrative return. My 100$ can turn into 1000$or even 10k? Hei if I lose my 100$ i wont lose my sleep!

On the other hand if you go all in with your saving, you lose all your 100k retirement saving dont come on forum and cry about it. We will get the rule#1 on your face.

Back to question number #1 What can be trusted?

NOTHING can nor should be trusted, approach everything single ALT or ICO with a grain of salt! Point Finale

jdkarma627

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