A few safety tips on ICO'S

L
liaminit
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A few safety tips on ICO'S
![ico-1024x576.jpeg](https://images2.weku.io/DQmPM8dLZdCvrTeDJ7gWeTiq8xceArxQG63kRRN9oY3yxub/ico-1024x576.jpeg) [source](https://www.google.com/search?q=ico&client=ms-android-alcatel&prmd=niv&source=lnms&tbm=isch&sa=X&ved=2ahUKEwiywqignbfgAhXFAWMBHSLDCHsQ_AUoAnoECAkQAg#imgrc=jm6M3nss1LGsLM) Investing in any ICO can be very risky due to scammers or the market and it can be hard to find a project that will give you a good ROI. There is a few things that you can look out for when you are investing in any project like, has this idea been done before and if not will it be successful. ## TOP 5 THINGS YOU SHOULD LOOK OUT FOR. 1. **WHITEPAPER**- Whitepaper is the key to the project and you should always read the whitepaper before you invest in any project. Always try and think realistic and say to your self is this whitepaper possible to achieve. 2. **THE TEAM**- When investing in any ICO always try and find out information about the team and their experiences. Always try and find out their identity and if they haven't shared their identity it could be a sign that they are scammers but that probably isn't the case also. 3. **PRICE**- Price of the coin/token is also important and you should think realistic if the coin will be higher then the ICO price when it hit the market. Also look at the coin supply and how many users are actually participating in the ICO. 4. **REPUTATION**- Do a bit of digging about the project and look for reviews about the project. Use specialised websites for reviews and always be aware of fake positive reviews. 5. **SUPPORT**- Always ask questions if you unsure about something to the support/development team. Always look if the address is real and see if they register their project there though specialised websites.

Comments

drstarry
This indeed would go a long way saving our people from scam sites. Kudos @liaminit