Can You Enlighten US How to Profit From ICOs Investments?

udibekwe (80) in ico • 7 years ago

+Find out everything you can about the development team / team composition
+Read the ANN thread on BitcoinTalk / Community and Social Media
+Stage of the project and VC investments
+Read the whitepaper / road map
+What do they need the token for? Is the blockchain necessary?
+Token distribution – when and how
+Quality of the code – Meet Githhub
+Be cautious and do your own extensive research
+Don't put all your eggs in one basket

The Bottom Line - ICOs will become more and more mainstream as a method for raising huge funds for projects. There will be plenty of projects to choose from.

It is key to investigate and read as much information as possible and write down all the important aspects, positive and negative, before making an investment decision. Post your advice and suggestions to encourage other steemian.

@udibekwe

ico cryptocurrency news blog bitcoin

7 years ago by udibekwe (80)

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steemcleaners (83) · 7 years ago

Source: https://cryptopotato.com/10-keys-evaluating-initial-coin-offering-ico-investments/

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udibekwe (80) · 7 years ago

this is pure wickedness from you @steemcleaners proove your point that my work was directly copied and you keep removing my upvotes, i can say is similar and never a copied work, kindly restore my post you have already stolen out.

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johnsmit (1) · 7 years ago (edited)

nice

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2 votes

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udibekwe (80) · 7 years ago

thanks

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rajag234 (54) · 7 years ago

now a days its difficult to sort a good ico

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2 votes

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udibekwe (80) · 7 years ago

You are right but follow the tips above to fish out the right ICO... wish you all good dear! cheers

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1 vote

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re-steem (45) · 7 years ago

hello, @udibekwe
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1 vote

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1 vote

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morwhale (50) · 7 years ago

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buildawhale (74) · 7 years ago

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steemdiffuser (39) · 7 years ago

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upgoater (45) · 7 years ago

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lovejuice (61) · 7 years ago

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originalworks (69) · 7 years ago

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drkiller (25) · 7 years ago

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qurator (76) · 7 years ago

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drotto (48) · 7 years ago

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phuzz (35) · 7 years ago

I think most important two factors are:

1- The purpose of the ICO, many are similar to other ones with one or two minimal differences just to say "Hey look at us! money money money!" That would be your own Judgement in the End.

2- The Team, Team, Team. Past experiences, positions and projects done by team members, you do not want the Backstreet Boys starting up an ICO.

This is just my opinion, many other factors also follow, but these two are the "NO" makers for me, if they aren't right, it is not worth looking into, if they are good, I might consider reading the rest of the Whitepaper :)

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nettybot (45) · 7 years ago

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