Hey @crypticat
Nice post. Thanks for sharing.
Some great advice there. Like you have mentioned it's a checklist that works for altcoins too.
When there are so many promising, young and undervalued altcoins out there I'm really not sure why anyone would risk their hard earned money on an untried, untested ICO! I understand the rewards for getting in at the beginning could be very high but there are legit, more established setups that are still very cheap sat there waiting.
Maybe I'm the one missing out but the risk reward just doesn't fit with me.
Cheers, Gaz.
ICOs are definetely risky, I do it more for the experience and never go in large. You get bonuses and feel more connected to the project if you get in early but often it dumps as soon as it hits an exchange and you discover the project isn't great after you're comitted. Check out the Invictus Hyperion fund that will be launched soon. They plan on doing an ETF for ICO investing, very risky but am interesting concept.
Nice one. I'll definitely take a look.