How to collect information to invest in ICOs?

in #cryptocurrency6 years ago


The first thing I do when I'm interested in a cryptocurrency is to go to CoinMarketCap, I look for the symbol or the name to find more official information on its website and browser blockchain (contract).


- Strong criticism of your website, search failures, promises with high potential to be failed, who is behind everything (LinkedIn profiles), roadmap, may seem silly but in reality if you think about a future project with millions of dollars in game must have a '' facade '' at least good.


- Read a little WhitePaper, I know it is tedious and I have rarely done it, but it is necessary as long as you want to know what is going to be dedicated to that particular currency and what it pretends to be, you can choose the small explanations that exist in the website but if you do not understand it is highly advisable to clarify all your doubts before making an investment.


- Check the token scanner, as has been the distribution, total amount, if the large accounts continue to maintain them, how many have blocked the equipment to ensure a good price, compare in CoinMarketCap similar projects in terms of supply to get an idea of the potential it can have with certain market capitalization.


- Be aware of social networks, blogs, reddit of the cryptocurrency in question to evaluate the community, it is an important factor to know if there are many weak hands that the first change get off the boat.


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