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RE: ICOs: 7 Factors to Consider Before You Invest

in #icos7 years ago (edited)

This is awesome @Thoughtchain. ICOs are incredible - for both good and bad. I think these guidelines are a good place to start but beware it doesn't hold you back. Bitcoin would not have had a successful ICO and would not exist if we used these standards to access it. Of course that's kind of non-nonsensical, taking in the chronology of events, however what I mean to point out is that projects in the Blockchain space and greater decentralization movement that may have potential may not fit the mold. Guides help but what is really needed is due diligence. Do your homework. Delve beyond the hype. Read as much as you can in the space and then after conducting your own survey, just do it - throw some money into a project you think is interesting. At the pace of crypto is moving at, you would be hard to be wrong if you spent the effort i mentioned. But of course, put only what you can - don't bet the farm.

Great connecting with ya. Looking forward to more.

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Thanks @mal402 -- you always offer great insight and advice to help people understand the key issues and cut through the hype. I would really encourage people to follow you for the wisdom you bring to the table.

Thank you for the kind words friend :).

Wise!

Thank you. Stay level headed :D

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