Be carefull

in #cryptocurrency6 years ago (edited)

Have you interested or are you trying to invest in any ICO project?
Take your time to read this

Some Top factors to pay attention to

For any transaction use only wallets indicated on the official web-site of the project. Most ICOs are built on Ethereum’s blockchain, so Myetherwallet is the most popular option. Don’t use exchange wallets for this purpose! Always be careful while writing the address of smart-contract to avoid mistakes

Carefully explore all the info about developers team and advisors. Reliable developers never conceal data about themselves! They must have open profiles in popular social media platforms like @LinkedIn, @Facebook, @Twitter @Telegram @instagram etc

Always Explore the Whitepaper and try to figure out, which problem will the project tends to solve.

Please Always Pay good attention to the duration of the ICO campaign. Most Promising project don’t need too much time for fundraising.

Dont forget to Figure out, the amount of bonus that was offered to large investors during pre-sale. The Larger is bonus the higher the possibility that the token’s rate will drop(at most times)

Please bear in mind, that large bonuses for referrals during Bounty program and airdrops are usually followed by the fast decline of the rate.

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