What to check out for before you invest in cryptocurrency or an ICO.
BEFORE YOU INVEST IN ANY ICO READ THE WHITE PAPER AND LOOK OUT FOR THE FOLLOWING CATEGORIES OF ICO
1 ICOS SEEKING FUNDING WHEN THEY HAVE A PROTOTYPE PRODUCT IN BETA PHASE AS IN PRODUCT THAT YOU CAN TEST WITH FEW FUNCTIONAL FEATURES.
- ICOS SEEKING FUNDING FOR A PROJECT IDEA OF A PRODUCT WITHOUT A PROTOTYPE BUT THAT IS FEASIBLE TO ACHIEVE WHEN THEY RECIV FUNDING
3 ICOS WITHOUT A WORKING PROTOTYPE PRODUCT AND UNREALISTIC FEASIBLITY
AND IN ALL THESE CATEGORY OF ICOS. TRY AND FIND OUT IF U CAN COMMUNICATE WITH THE DEVELOPERS SO YOU CAN ASK PERTINENT QUESTIONS BEFORE RELEASING YOUR FUNDS
CHANCES R THAT THE 1ST CATEGORY IS MORE LIKELY TO DO WELL AND NOT BE A SCAM. THE 2ND IS 50 50
THE 3RD IS A RISK IT IS LIKELY 70 30 OR 80 20
SO DO YOUR DUE DELIGIENCE BEFORE INVESTING IN ANY ICO
It's worth trying out