Topic: 56% of ICOs fail and it's OK - page 2. (Read 603 times)
This has to be one of the most idiotic thing shared by someone. Ignore the news? You must be kidding me. If you don't know than let me tell you that most of the ICOs currently are nothing but scams. And by ignoring the only way through which you will find out if a ICO is scam or not you are just closing your eyes.
Recently, ICOs are not as good as it was before. This is my opinion. I think there are several trash ICOs as of now, not to mention scam ICOs and such. These unreliable ICOs pose a threat on the crypto investors and may have been contributed to the dump of some coins because less and less investors trust ICOs.
Trash ICOs actually evaded the whole crypto space but the investors also have a lot of role to play in that aspect as most people stopped looking out for good projects but a quick way to make money. Nevertheless, the likelihood of seeing a real project not making some waves and sustainable value in the long run is always rare because as long as that is intact, the product will always be useful and that is what would make it work.According to recent recearch, 56% of 2017 ICOs fail. And you know what? That's OK. 90% of startups fail but the rest grow so high that they compensate venture investors 90% loss and provide very high profits.
So the basic rules with ICOs are very simple:
1. Do the research before you invest
2. Diversify, diversify, diversify
3. Ignore news and HODL
So the basic rules with ICOs are very simple:
1. Do the research before you invest
2. Diversify, diversify, diversify
3. Ignore news and HODL
I agree. New-born ICOs will oftentimes look like a big failure even after reaching the targeted market cap because usually a few weeks after the ICO, there is a sudden decrease of coin value. But don't judge quickly! I know someone who earned this particular token last October 2017 and he immediately sold it. Guess what, its price as of now is five times its price last October.
Recently, ICOs are not as good as it was before. This is my opinion. I think there are several trash ICOs as of now, not to mention scam ICOs and such. These unreliable ICOs pose a threat on the crypto investors and may have been contributed to the dump of some coins because less and less investors trust ICOs.
Trash ICOs actually evaded the whole crypto space but the investors also have a lot of role to play in that aspect as most people stopped looking out for good projects but a quick way to make money. Nevertheless, the likelihood of seeing a real project not making some waves and sustainable value in the long run is always rare because as long as that is intact, the product will always be useful and that is what would make it work.
Yeah, that's really true. I agree with you. I think it is best to invest in 7-9 ico, because thus risks become even less.
Yeah it is, but we also have to understand that it is always hard for a hard working team to fail. I know there are some times that we may not see some real life stuffs coming, but we also have to expect that no matter what, every team that have some experience and some achievement in the past will always want to make sure that they do not tarnish that which is the main reason I invest in a team most of the time coupled with the product. 
This assertion should be taken with pinch of salt! 2017 ICO are not even taken off yet. One year is so short for you to make proper assessment of any start up. The downside of open industry of cryptocurrency is ridiculous opinion and unfounded assertions!
I am sure he is not making any assertion and just stating some real life fact. It is the truth, it is not all startups that always end up well, so it is best we fact the fact here. On a normal day, some will fail and some will do well. Nevertheless, it is abnormal for a working developer most especially in this world not to get the product out there and get it doing well. If for any reason a company end up failing, the team is always at fault and which is the reason I make sure I do not leave my investment in the wrong hands.Obviously, even Vitalik mentioned about failures of ICO sometime last year, that not all ICO should be expected to go on well as planned and that is normal, considering that even in real life, startups fail. However, this is the main reason why investors always try as much as possible to invest in a team they can at least believe in and expect that they should at least try as much as possible to their best to give them the best as an investor.
According to recent recearch, 56% of 2017 ICOs fail. And you know what? That's OK. 90% of startups fail but the rest grow so high that they compensate venture investors 90% loss and provide very high profits.
So the basic rules with ICOs are very simple:
1. Do the research before you invest
2. Diversify, diversify, diversify
3. Ignore news and HODL
great words. even 56% is very big percentage. That means that most of startups, even if they are weak (those 90%) do good preparation before ICO and investors believe in them. This is very good. So the basic rules with ICOs are very simple:
1. Do the research before you invest
2. Diversify, diversify, diversify
3. Ignore news and HODL
I think 56% are very conservative, there are some projects in the space that the price do not reflect that the project is dead already, if most people know that some of these ICOs are just set up to rape them of their money. The space is now full of scams and we need not to be surprise about these number
According to recent recearch, 56% of 2017 ICOs fail.
What research? Do you have a link? Publication? Something to back up this claim? I would be really interested to see it.
Too easy to start an ico and collect money.
Only the strong can survive.
Currently almost 90% of ICO projects are fraudulent, so requires investors to be able to analyze the market, project development trends and potential of an ICO project. Analysis is important to help you reduce the risk of choosing the wrong project and diversify your investment, not to drop the same egg basket, allocate your funds to many projects. So you will minimize the risk. Only the strong can survive.
56 I think this is not true, but the fact that more than half is accurate. Just choose a long time to invest. This is your money.
Too easy to start an ico and collect money.
Only the strong can survive.
Only the strong can survive.
I really do not think so. There will certainly be a greater selection and will no longer be accepted by the ico scam market. only the best will win
It probably is not such a bad result. This is nothing extraordinary if a lot of them fail. About half of the projects are successful and work. If the project is good and has a team involved, it has a good chance of success.
Recently, ICOs are not as good as it was before. This is my opinion. I think there are several trash ICOs as of now, not to mention scam ICOs and such. These unreliable ICOs pose a threat on the crypto investors and may have been contributed to the dump of some coins because less and less investors trust ICOs.
According to recent recearch, 56% of 2017 ICOs fail. And you know what? That's OK. 90% of startups fail but the rest grow so high that they compensate venture investors 90% loss and provide very high profits.
So the basic rules with ICOs are very simple:
1. Do the research before you invest
2. Diversify, diversify, diversify
3. Ignore news and HODL
So the basic rules with ICOs are very simple:
1. Do the research before you invest
2. Diversify, diversify, diversify
3. Ignore news and HODL
I agree. New-born ICOs will oftentimes look like a big failure even after reaching the targeted market cap because usually a few weeks after the ICO, there is a sudden decrease of coin value. But don't judge quickly! I know someone who earned this particular token last October 2017 and he immediately sold it. Guess what, its price as of now is five times its price last October.
This assertion should be taken with pinch of salt! 2017 ICO are not even taken off yet. One year is so short for you to make proper assessment of any start up. The downside of open industry of cryptocurrency is ridiculous opinion and unfounded assertions!
Not much wonder. so many ICOs coming out. all are not good projects. this why you have to do researches before investing. I believe in such a good ICO named CVProof. I think CVProof project will be successful.
I think 57% of fails is really good number, especially of such a new tool of investment. I suppose this year the numbers of fails will decrease, as people become more experienced.
Its normal that so much ICO fails. Look at the Altcoin anouncement area. There are everyday ten new ico. One idea more stupid then the last one. Its unbelievably what for porject the people are creating ICO's for. And you see there want all just to make fast money. So in the end, i can just say to all the investors, watch where you put your money on. Do not give your money away for some stupid ideas. Just remember, the dev team hold the most of the coins and will always make the biggest profit.
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