Golden rules for investing in ICO

in #bitcoin7 years ago

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First of all, let's start by understanding what an ICO is, the acronym stands for Initial coin offering, in a nutshell it indicates an unregulated means of crowdfunding in the financial sector. In short, a team puts their project on the plate explaining what their goals are in a "whitpaper" or the project's identity card, also including a roadmap, that is a list of targets that aims to achieve in a determined time frame, possibly setting goals on specific dates.
Obviously before taking part in an ICO bisgona look at many aspects and do not underestimate any detail, even the smallest. We must always start with the pressure that every new currency that is introduced into the market must first of all go to solve or improve some process that is currently carried out in a centralized way. So you have to carefully evaluate every single project and in the great miserable ICO find the one with great potential, since almost more than 90% of the ICOs here we are used in 2-3 years will disappear, this because they do not have that strength to go come on. Another very important aspect is to evaluate if we want to make a purely speculative investment or long-term investment, I am of the opinion that if you study a project well the best thing is to hold always and anyway, because I believe the patience repays in the greater of cases.Last aspect no less important is to correctly evaluate the sum that we intend to invest, I always remember that these investments are completely risky since we never know that they can see interesting profits, so always brain access and we are on the piece. Remember always invest only what you are willing to lose, partially or completely. We will be approaching my dear friends!

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