Special Tips For Successful Investment In Initial Coin Offering

in #tutorials7 years ago

The initial coin offer (ICO) is a fund raising method that trades the crypto token coin which has value and is sold directly to the member. Typically, tokens percentages are sold to ICO participants and percentages for company needs (private investors, etc.).

ICO allows large and small investors to fund projects they like. The end of the year, thousands of successful ICO stories have made thousands of rich members. The motivation for this project is clear. The motivation for ICO investors is that the token price will be higher (or much higher) than the token price during ICO.

The highest value proposed by ICO is Tezos, which resulted in a record $ 232 million in less than a month! Many factors influence the chances of ICO success and they can predict whether it will be valuable to investors.

At this point, it is appropriate to mention less successful stories such as ICO Mycelium. His team members had just disappeared after raising money, and it was later reported that they used the funds to pay for their own holidays. Lack of regulation may be one of the reasons why it happens.

In This article will discuss 10 Special Tips For Successful investment in Initial Coin Offering.

* Important warning before we begin: ICO is a high-risk fundraiser. Never invest anything you can not really afford to lose. Remember that due to lack of regulation, you will have difficulty returning your lost money in case of failure.

Bitcointalk.org Thread

A good starting point is the project announcement thread (ANN) at BitcoinTalk.org, because Bitcointalk is the biggest forum for Bitcoin and crypto related issues. It is strongly recommended that you read the message carefully.

Investor concerns will be answered (or may not be answered) in this thread. This is a bad sign when developers avoid answering certain questions or not collaborating. Sending a private message to see how responsive the idea is also a great idea.

Each message in Bitcointalk contains the level of rank and activity (number of past messages) from the sender. Aware of beginners and low-ranking writers. Reputation becomes very important and significant.

Be aware of the comments of experienced authors, as well as looking for negative messages, can sometimes be a warning sign. Use Select to view all comments in the thread and use CTRL + F (Windows) to search for red flag words like 'scam', 'con', 'MLM'. 

 Team Composition

Find out all about the team, especially the development team and the advisory board. Search each team member to gain relevant experience. Google their name Visit their LinkedIn profile. Look for famous names among the project advisory boards. Find out if the team has a higher crypto experience-where the project, or ICO, they are involved and their impact on the ico.

Token Distribution - when and how

Greed can be determined by a high token distribution to team members, say, more than 50% of tokens are virtually suspicious. A good project will link the distribution of tokens to the road map. Because each phase or project milestone requires a certain amount of funding.

Note the token distribution stage. Some new projects release their tokens a few hours after the ICO ends. Some projects need to develop a beta before submitting a token. If you see a percentage increase in Etherium (one year between ICO and token distribution, about 500% profit), Augur (1+ year, 1500%) and Decent (8 months, 350%), sometimes this breakthrough creates a very positive value. the hype surrounding the project.


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