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Author : Crypto Income Staff 9 January 2018
Learning anything about initial cryptocurrency offerings (ICOs) can be a real challenge because good information about new cryptocurrencies is rare. The mainstream media rarely covers ICOs, and usually gets it wrong when they do. The websites and press-releases created by token issuers are usually nothing but marketing materials that only tell you what’s good about the altcoin. To make matters worse, some of the ICO-promotion materials can be very inaccurate. Many of them contain the wrong dates and only a very limited view of the company and its products. How to Find Real News about ICOs. Fortunately, there are a lot of good sources of information about initial cryptocurrency offerings out there – but you will have to search for them. You will also have to be very careful because a lot of the “news coverage” of ICOs is really press releases created by paid publicists. Always be very skeptical about any claim about an ICO even if it is in a so-called respectable news outlet. Even professional journalists can be fooled or bribed by slick operators. Be doubly skeptical if a “news article” says only good things about an ICO – if it does there is a strong possibility the story is a rewritten press release. A good rule of thumb to keep in mind is that the first news story you see about an ICO will always be a press release. Press releases will only tell you what the people who paid for them want you to see. A good way to verify a news story’s authenticity is to run a search for it.
If the story only appears in one place there’s a good possibility it is fake news. Real stories usually pop up at several different websites, and in different versions. Fake news almost always looks the same and repeats the same story. ICO REVIEWS / GUIDES. Here is a list of reliable information sources about initial cryptocurrency offerings. Be careful even when using these resources, because even the best editors and journalists get fooled occasionally. Crush Crypto at https://crushcrypto.com/ – This website offers a library of materials about ICOs including guides for beginners, analysis, and market updates. One of the best resources here are the analyses of ICOs, including many obscure ones that will not be found anywhere else. Personally, we feel this is the best of the ICO review sites. A lot of investors put trust in what Crush Crypto has to say about an ICO. Any ICO rated as Good / Good by Crush Crypto, typically gets a lot of hype just because of this. Smart ICO Investor at https://smarticoinvestor.com/ – This website features a lot of really good commentary about initial offerings. It was started and is run by options traders led by Samuel McCulloch so there is some real investment experience here. This is also a good place to see a different viewpoint on new ICOs. ICO TOOLS. Finding and sorting through upcoming ICO’s is a full-time job (no, it really is…). Here are a few websites that make it easier to track what’s coming down the ICO pipeline (and perhaps, which ICO’s are hot).
ICODrops.com This is my favorite generic ICO website. It lists all the upcoming ICO’s and assigns a hype rating to it. I find it’s generally an accurate guestimation of how much hype an ICO has. Don’t invest based ONLY on their hype meter rating, but it’s a useful metric to give you an idea what to look at when filtering ICO’s down to the best. ICOAlert.com Something similar to ICODROPs, though less useful. ICOStats.com Gives you a breakdown of the best performing ICO’s in terms of ROI multiples. Very useful for tracking how an ICO has done since launch. ICOBench.com Another ICO rating site that gives information like presale price, ico price, coin circulation, and all that useful stuff. ICO COMMUNITIES. Crypto Income Telegram Group Ben Krypto’s Telegram CryptoIncome group with real talk about crypto investing, ICO’s, making money without all the stupid bullshit you find online). The Reddit ICO Crypto Forum at https://www.reddit.com/r/icocrypto/. Yes it can be hard to read and wading through all the posts takes a lot of time, but Reddit still provides a lot of great information. A lot of new ICOs and proposed projects are announced here first. This is a great place to get your questions about crypto assets answered and to expose yourself to alternative opinions. Be a little careful because not all the information here is good. BitcoinTalk.org ALT Speculation Forum at https://bitcointalk.org/index.php?board=224.0. This website and forum is trawling the bottom of the barrel.
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