Share my ICO viewpoints.
People can refer.
Before sharing, I talk about my experiences in advance so that all have a realistic look
I have experienced 11 years of technology startup with certain success. In my opinion, ICO investment is the startup investment. As you can see, startups are blooming all over the world. I have invested in my own startup, success has many - failures are also countless.
ICO is one of the easiest ways to call, because the CryptoCurrency market is an emerging market, small scale and very easy to blow bubbles. It is at the beginning of the trend, many investors make a lot of money at this time so they are ready to splash money into ICOs. No matter how much money you make, the startup is successful, but if you make a lot of money, the startup has a higher chance of success.
What is a good startup?
- Business model
- What would it be in the next 3-5 years?
- Does the size of the startup market involved are large enough and potential?
- Products
- There are new products or new ideas only when the ICO
- Team
- Does the team have a lot of experience in running startups, management skills, and big relationships?
- Implementation capacity: How is the technology developed?
- Marketing: A good product if you do not know how to do marketing is not good.
Does that ICO team know how to startup their marketing?
- Technology
- Products that require blockchain-related applications
- call for investment
- Large or small. Look for sponsored ICOs developed by teams that promote good value.
- Find current ICO (purchase price) is much smaller than the value
- What is the trading platform after the ICO is successful?
- This is very important, because it will directly affect the liquidity and value.
Some ratings:
XH1: Poloniex, Bittrex, Kraken, Bitfinex or large Chinese slabs
XH 2: Liqui, Hitbtc, ...
XH3: Tidex, ... the remaining floor
- How to reduce the risk of investing in ICOs?
ICO will have many stages, Private sale, Pre-ICO, ICO. Early participation of major risks, the higher the reward. If engaged in late low risk, low reward.
Thank you for your interest. Comment on your experience below, all can discuss.